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.MASSHOLE.Currently. Currently. I will repeat that again. Currently.
Very few firms, except HFT firms, trade stocks like that short-term. So yes, they have issues in the short-term, but seeing as they very few issues with funding as it stands, there is no reason to abandon ship.
I am curious as to what you do though. You posted a video you said you made, yet it is from an NC State XC Runner.
Interesting.
CampeadorFace it, Tesla blows.
CampeadorAnd I've said it as well, one of the only reason Tesla has any funding is due to loose silicon valley venture capital, based on Musk's celebrity CEO status he should have no problem raising more money for his black hole project.
Face it, Tesla blows. Outside of an insulated, elitist group of rich white people, their cars have no appeal. Plus they look like Hyundai knock offs.
There is nothing unique about Tesla's battery technology either, any company could use it and put out a better car. In fact, the big car companies are looking do to just that.
Consumer Reports no longer recommends Tesla car due to the litany of problems endemic to the cars.
CampeadorAnd I've said it as well, one of the only reason Tesla has any funding is due to loose silicon valley venture capital, based on Musk's celebrity CEO status he should have no problem raising more money for his black hole project.
Face it, Tesla blows. Outside of an insulated, elitist group of rich white people, their cars have no appeal. Plus they look like Hyundai knock offs.
There is nothing unique about Tesla's battery technology either, any company could use it and put out a better car. In fact, the big car companies are looking do to just that.
Consumer Reports no longer recommends Tesla car due to the litany of problems endemic to the cars.
Deepskierfucking retarded people like their cars.
THEPROPHETHave you even been in a Tesla?
Dustin.I hate money too, short it dude. You have written a thesis on how it will lose. Short the stock or you are a gigantic pussy and a financial moron. If you don't short the stock or ask your parents to lend you some euro so you can say you did, seriously shut the fuck up. You're like the kid who complains about politics but doesn't vote.
CampeadorYes I have, I've even driven one. I felt bad for the guy who bought it, he was so excited about it and it has had nothing but problems. There are so many better cars out there for $100,000.
It's a glorified Hyundai with a touchscreen. Actually, I take that back, Hyundais are far more reliable.
On top of that, you have to drive it like a Hyundai to get any kind of range out of it. While the Tesla may have solid acceleration, stepping on the accelerator in any significant way brings the range down by a couple hundred miles.
.
Dustin.You're like the kid who complains about politics but doesn't vote.
THEPROPHETCouple hundred miles?
Lol subsidizing a clean energy company is fine with me.
p.s. You have logic issues.
sampsihoyos^why are you still here? Abort yourself. A Kurt Vice is the one I would use to put pressure on your body
CampeadorTiming is everything when shorting a stock, don't act so clueless, it has nothing to do with being a pussy. When I feel the timing is right, I may certainly decide to short Tesla stock.
Although this stock has no fundamental value behind it, the stock is not behaving in any kind of logical way at the moment.
And I'm not sure why my stock portfolio is any of your concern. Great, you timed Apple correctly in 2006, that doesn't make you Warren Buffet.
CampeadorYes, so if the car normally gets 230 to 280 miles driving at no faster than 55 mph and accelerating lightly, then trying to get any performance out of the car will bring that range down to 30 to 80 miles.
So if I understand correctly, "corporate welfare" is fine, as long as it goes towards companies that you agree with ideologically. Which means you are not actually against "corporate welfare" at all, only against subsidies going to certain companies.
Talk about a hypocrite and a half.
Dustin.On top of that, you have to drive it like a Hyundai to get any kind of range out of it. While the Tesla may have solid acceleration, stepping on the accelerator in any significant way brings the range down by a couple hundred miles.
You mean like a gas engine? It's called energy, there is math and science that supports your idea and it's actually not new. If you are surprised by this, I recommend a third grade science book.
Dustin.Give me a break, you entered the thread and began spitting on every person who had anything other than purely negative opinions. Don't give me that bullshit.
The point of the entire thread is similarities between fanatical brand loyalty between Apple and Tesla, so my comments apply. This thread is like a copy and paste of any of the Apple stock discussions of the last 10 years, it's crazy how similar the dynamic is. I never claimed to be Warren Buffet, but I did claim to think that you are much more apt to play Newschoolers and quote Yahoo Finance articles than you are to actually deal in any of this stuff aggressively. Without that experience, your comments are fluff...so ya it applies and is therefore relevant.
258,000 reservations is not something to scoff. The world gave Tesla $258,000,000 for a car they won't deliver until late next year.
CampeadorIf they end up delivering it at all, lets not forget that the Model S also got a large volume of pre-orders, and look how many problems those have had, on a small production run that should've had more quality control.
Numerous financial sources have put into serious question the long-term viability of Tesla, based on its piss poor fundamentals.
"The point of the entire thread is similarities between fanatical brand loyalty between Apple and Tesla, so my comments apply."
Is this your only argument in favor of the terrible investment advice you're giving?
If anything it's good that I am in here offering a rational counterpoint.
AnGaperTl dr the responses. However, here's the truth about tesla.
On the releasing night, the model 3 pre-sold 7.5 billion dollars worth of itself. Tesla is already the next big thing, and is most definitely only going to grow with what they're doing in the next few years. That being said, it won't be the next 'apple' stock. It's already well known across the world, and is already very sizable.
And for everyone here that's doubting or skeptical about the model 3 or any other cars, they're insane. If Elon says something, he means it, and usually is understating whatever he is talking about. He's pretty much a real life Iron Man. On top of being awesome with tesla, he's commercializing space travel and has nasa kissing his ass.
CampeadorFace it, Tesla blows.
CampeadorBecause you've got some sort of monopoly on "the truth".
You're being purposefully misleading. Tesla hasn't "sold" any Model 3s yet. They've taken a $1,000 deposit for a pre-order. The rest of the money is contingent on actually being able to deliver. With all the production issues they've had just with the Model S and Model X, which were produced in much smaller volumes, it's hard to see how Tesla plans to produce that level of volume. And that's just for the pre-orders. Check out its ability to meet past deadlines on much lower volume.
Furthermore, just because his company can send a cargo capsule up to low orbit, doesn't mean it's done anything near what NASA has done, despite the massive level of government subsidies. NASA has been able to do that since the late 50s. Virgin Galactic is the only company attempting to viably commercialize space travel.
None of Musk's recent ventures would survive a day without massive involuntary assistance from US taxpayers.
AnGaperI have to disagree strongly.
They have effectively sold that amount of cars through pre order, all payment is up front, and the cars will be stocked and delivered on the release date.
CampeadorCompletely false, they've put up a $1,000 deposit.
Also worth mentioning that current owners of the Model S and Model X (ie rich people) will have priority on receiving the model 3, and they typically bought the ones with all the bells and whistles.
The plebeians who bought the base model, and it's their first Tesla, will be waiting an awful long time. Anywhere from 2 to 3 years at best. Also, almost none of these people will be eligible for the $7,500 tax credit when they finally get their Teslas, further driving up the cost of the car.
Not to mention, by the time the Model 3s get produced, other car companies will have come out with their own models that do not require a pre-order.
Tesla is a company running on borrowed time.
saskskierWhy are you so angry, condescending and concerned about what others do with their time and money all the time?
If people don't get a tax credit or don't get their car for ages, that's their problem, not yours. People will invest in Tesla and make money. I'm sure there will also people people who invest in Tesla and lose money. How is that your problem?
If Tesla is successful, awesome. If they go out of business, who cares? The people who invested in stocks or vehicles, but that's their problem.
At the end of the day, I'm assuming you're just another NS troll and I'm feeding, but whatever.
AnGaperSpaceX is actually much better than any space program, that has ever existed imo. They do everything and more NASA or any given program does, but in half the time, and quite literally at ONE TENTH of the cost. That's mind blowing to me. They're actually planning on launching the world's most powerful rocket, this year. They're a private company, spearheading the commercialization of space, any way you look at it. I've never heard anything about Virgin Galactic, which I'm assuming is some sort of indicator of insignificance. I will most definitely look into them though.
Now maybe some of my info is wrong, but regardless, SpaceX is kicking NASA's ass. In terms of time and cost efficiency, it's not even close. NASA had been working on half the projects SpaceX brought along and accomplished for years. i.e. Launching and landing from the same exact spot, vertically.
CampeadorFrankly to compare the achievements of NASA to SpaceX is absolutely absurd.
Now, how exactly are they commercializing space? From what I can tell its just a private company that runs on government contracts and subsidies. If they can get supplies to the space station at cheaper cost, I have no problem with that, but I'm not sure what exactly you think these companies will achieve in the long-run besides sending rich people to low Earth orbit.
Virgin Galactic is still testing the SpaceShip2 (with many setbacks), which is designed to fly "space tourists" to low Earth orbit. While the company does not receive any direct subsidies, the state of New Mexico did just spend $209 million in taxpayer dollars to build a "spaceport" that the company will likely never use (they're building a more expensive one in Abu Dhabi).
AnGaperI'm out of my league. I don't have much more to say. I will say that spaceX has a few concepts under their umbrella for commercial spacecraft, small and fast, cheap to make, like all their space craft, (compared to any other org. ). I feel like even if spaceX was the last to do this, they'd do it best, and at very least the most affordable by at least a factor of five, (Just an opinion, no facts or anything).
CampeadorWhy am i wasting my knowledge and intelligence on newschoolers, when i could be building rockets and shit?
CampeadorI think this speculation about an Apple buyout (or some other company) is largely driving the direction of the stock price. There's just no justification at all for the current valuation of Tesla, a company with little prospect of turning a profit anytime in the near future.
Frankly, this is Tesla's only shot.
Call it the iCar and put a light-up Apple logo on the front and that shit will sell like hot cakes to all the clueless white yuppies in America who wants to feel good about themselves.
sampsihoyosOver $30 per share** since this thread started
Dustin.$100 a share since I bought in February. My sell price is $300, but I wasn't expecting so many cars to be ordered. I might wait longer, not sure though. I think this stock is gonna be a roller coaster over the next few years, but generally go up.
freeskibum82thats for sure. they just missed their estimates for q1 and lost the gain the preorder hype increased their stock by. if he can truly deliver the 200k+ vehicles ordered only then will it be on the way up.
The referenced post has been removed.
sampsihoyosA. Apple was/is a cult stock also :) and is more profitable than Germany I think.
turduckenthe fuck?
sampsihoyosB. Elon Musk is the the smartest, most resourceful engineer on Earth
CampeadorSomeone's got a hard-on.
REGRESSIVELEFTIt'll dip below $200 one last time. I'm bearish. You'd be stupid to buy it right now
Huck_NorrisI wonder how many times Musk had to wipe his shitdick off on Campeador's mom's curtains for him to get his jimmies this rustled over a valuation haha
Yes Camp! Let the hate flowwwww through you!! Don't stop until that loser Musk is on his fucking knees crying for your mercy!!
Lol
.MASSHOLE.He has been banned apparently...
What do people think of the potential SolarCity deal..
.MASSHOLE.He has been banned apparently...
What do people think of the potential SolarCity deal..
