Clearly some in congress not happy with Gensler. Wait until they find out he applied to be an advisor to Binance in 2019.
www.marketwatch.com
I started learning about options and it in most cases, just seems like too much effort for too little value. And of course, selling calls may bite you. As for small caps, it's a no brainer. UWM isn't even at $35 yet (all time high was $66). Lots of room to run with this 2x play. Easy way to make money, just be patient. Broad indexes go up.
Yeah, he says he fired them for engaging physically with the robbers. Not for calling the cops, which he said they and everyone should always do. Seems the story has been misreported pretty badly, and now some people are turning it ridiculously political, as usual.
Just sold SOFI July 21st $10 calls for about 2.5% premium.
And customers as well, say the thiefs start shooting or something.
Was def against company policy, as that was why they were fired. But I don't know if it's ego, as there is a common sense element of "hey these guys are stealing stuff, I should stop that". I also wonder if they really knew what the company policy was.
Peter Lynch, former manager of the Magellan Fund, said it best: “Most people water the weeds and cut the flowers — when they should do just the opposite."
SOFI has been hampered by student loan deferrals. Now that is ending, SOFI may be revalued.
Maybe ego isn't the right word. But, IMO, interfering in a robbery is not really using common-sense in many/most cases.
Maybe this is an interesting debate as to common sense.
It’s not about allowing robbery. It’s about employee safety. It not their job to protect the company’s assets against thieves. If they were injured or killed, the company could be liable.
Spot on…if employee was injured/killed lawsuit would be filed within a week for negligence, failure to have proper employee safety standards, etc.
If you are worried about employee safety, hire a trained security officer. Both problems solved!
Good move by TSLA.
With F and GM now as customers, that allows them to expand their network much more quickly then they would otherwise.
Musk is a smart guy. :)
We need every EV charging station available. No one can corner a market when it’s way under supplied. The adapter allows both to work. It’s just the software.
There was an analyst on CNBC that argued this was a bonehead move for Tesla because the Tesla network helped sell cars and now Ford/GM have same access, not to mention that something like 85% of charging is done at home.
I thought they get a boat load of money from the government because they opened up their network.
I posted it in the stock thread. One analyst said up to $25 billion a year. Seems like it is well worth it.
I don’t know what to make of these Tesla charging station announcements. Look at any industry where infrastructure is involved = why aren’t AT&T, VZ, TMO the most valuable companies in the world when they are the backbone of the single most important piece of tech in our lives…it’s because the infrastructure costs an insane amount to build and maintain + the gov’t treats them like a utility and regulates the hell out of them. The gov’t may be generous with tax credits/subsidies now but at some point they will do the same thing to Tesla that they have done to that Telcos, assuming Tesla is making money hand over fist.
No. Historically, markets do fine when interest rates are "high". It's more about the movement of rates. Pause means Boom. Pivot/cuts means KaBoom.
No, it's not "just the software". 3rd party chargers suck for a variety of reasons. Compared to Tesla, they're more expensive to produce, slower to produce, less reliable, placed in less desirable locations, more complicated to use, and offer less high speed charging. Not to mention, 3rd party chargers are using CCS, which will shortly become the Betamax of charging infrastructure.
An adapter can solve the CCS. Tesla is more reliable but still not enough to cover the market. We need as many chargers as possible for EV adoption
Thoss companies don’t grow. Mobile a little but the other two are completely stagnant.
+1
I’m just throwing the likely long-term charging station scenario out there…admittedly “long term” could be 20+ years. But remember that AT&T used to rule the world and was the Google of its time. That is, until the gov’t destroyed the monopoly. I’d be willing to bet Tesla suffers this same fate many, many moons from now. If Tesla starts raking in billions/trillions the gov’t will step in and probably make them spin-off the car manufacturing business plus grant smaller regional players access to the network. But I’m the meantime plenty of money to be made.
