Historically they were technically right. Tesla has always been priced by emotion rather than fundamentals. However it’s not enough to be technically correct when you lose money on that bet. And they almost always lost money.
It’s always been a bubble but that has lasted much longer than most bubbles and no one can predict when it’s pop
All too often neither the size of the profit nor percent profit really matter. The important criteria is “compared to plan”.
The stock has been priced according to what the company said it planned to do. If it didn’t meet its plan, stock usually decreases. If it keeps not meeting plan, shareholders usually lose trust and stock decreases even more. Tesla is “special” so who knows
As an owner of a recent one, but before Musk’s issues got so hard to ignore, it has good quality, as did everyone I look at. Tesla had some very well publicized quality issues, when they were hand-building the first vehicles, scaling up the model 3, and trying to build the very different technology of the cybertruck, but their normal, recent cars seem fine
As a gadget freak, teslas have many features that just don’t exist on other vehicles. Has any other manufacturer even gotten over-the-air updates right?
Several of the other vehicles you mentioned aren’t available in the US. We can expect increased protectionism so they never will be.
At least at the time, my Tesla was the lowest price EV with capabilities I wanted. The incentives made a huge difference but I don’t think it would qualify anymore plus they appear to be getting cancelled
We did have a wave of vehicles expected over the next couple years that may give some competition, if those legacy manufacturers don’t retreat to selling ICE trucks and SUVs only. However GM botching the Trailblazer, and Volkswagen screwing up the software on their attempts do not bode well. Hyundai/Kia has some good possibilities. The high end has several good possibilities but for too high a price and too low a volume
Yeah but then it’s not teslas fault. That employee didn’t do their job and can be fired
He’s the only one with a flat screen: serves him right
Pretty much the definition of bubble stocks. If you don’t want emotion driven stocks, don’t ride the hype train. There are many many more stock opportunities, most of whose value is related to actual facts
That’s not new to Tesla. Avoid bubble stocks. Avoid penny stocks. Buy “stodgy”
Why is this an issue. They have their incentive to keep building and selling. As long as they’re building and selling, it doesn’t matter to the rest of us what their profit is.
If they’re building make excess profit, that’s just more opportunity for legacy manufacturers to be competitive. Capitalism 101
Right, we want EVs, Tesla gets a little boost from legacy manufacturers, so now we have a market, EVs are available. GM gets a break do it has time to design EVs, but are really annoyed at funding that bastard Elon, so have incentive to get their shit together. EVs are built a little sooner m, no one goes out of business (yet), we all win
Plus that’s an example that escalated …
Ultimately, the U.S. would successfully pressure Denmark to sell the islands by threatening a military attack on the neutral nation during World War I.
But we have no real way of determining what’s smokescreen and what is actually intended. It’s equally horrible and unreasonable.
I suppose im not directly affected if Trump abuses Greenland, but I’m sure they care
Sure, plantation and business owners are enough. They have the local money and control people’s incomes. They can fund/extort/exploit to get it done. They have the pineapples/bananas They’re also more likely sociopaths ready to prioritize personal enrichment over social well being
Does anyone have historical numbers?
Depends on how you worded it.
That works both ways. Norway doesn’t have a large base of car manufacturers who can follow their guidance, but the US does, including Tesla who did so much to popularize EVs and used to dominate
Any large transition need guidance, incentives, motivation to happen in a reasonable time. Norway did that. Meanwhile the us is an inconsistent mess spewing FUD, lobbying by entrenched interests, and very short term thinking. Of course we only have the early adopters who could wade through all that resistance and now with Musks jump to the right we have a whole new obstacle.
Maybe but so far in the us, it’s not the large population or lack of affordability blocking EV adoption, as much as politics, conservative backlash, Facebook science, outrage culture. If we could put aside our toxicity, spite, narcissism, and come together for a better future, we could be pretty far down that road too
Costco has some excellent clothes that I’d be proud to wear anywhere, including some presentable casual (such as khakis and polos). Usually these are regular brands and it’s the more basic stuff that’s store brand. Alas, no tall sizes so I can’t.
The problem is choosing the extra casual clothes, from Costco or otherwise
It may even be lack of self confidence. The daughter could be nervous about fitting in with the new family, and expressing that in an unhealthy way
Huh, my reaction is the opposite. While I don’t actually care, if you have no respect, can’t make any effort, why are you even there? I probably have loved ones who are upset and they don’t need your BS.
The party that started this thread is an entire different form of lack of respect, but respect my family or eff off
It’s a good question, but stocks are a lot less logical than you may think. Bubble stocks, especially, are very emotion driven, very much FOMO.
For “boring” stocks, there are statistical models using all sort of financial data about the company, including things like assets, sales trends, new product predictions. Those stock’s prices will appear logical and relatively stable/predictable, but will make significant jumps either way as news comes out that may affect it. Investors buy or sell based on what they predict will happen, and make money if they get it right.
But for “exciting” stocks, this model doesn’t work as well anymore. The stock price is driven more by what people expect it will be in the future. Take Tesla stock as a great example. The price is sky high compared to the value of the company or its sales, very much unlike other car manufacturers what do you do when it’s still a minor company in vehicles sold, but the total stock value is far higher than any other? The CEO has made made some extremely ambitious predictions, that may justify the stock price, but are those predictions really going to happen? You may have heard in the news about investors “shorting” Tesla stock, usually represented as people who don’t believe in the future. The thing is, these were usually investors looking at the actual value of the company, the actual sales, even actual predictions of sales and deciding this does not justify that kind of stock price. They’ve usually been wrong and lost money, because the stock is not fact-driven, but emotion-driven. Now that CEO has come out with some extremely controversial views and is distracted from actually running his businesses, so that also affects the emotion around buying that stock. Will it still achieve the wild predictions? Do you have personally reasons to not invest in that person?
What is your perceived value of a stock? What is your prediction of how it will change in the future, based on how well the company is run, what their products, sales, and support are like, how their industry may change, and news that may affect them? For an established, stable stock, you can predict enough to reliably make money, but changes will be small so you won’t make a lot. For a new stock driven by hype, with the potential to revolutionize an industry, predictions are more like a gamble, more based on emotion than fact. However stock price changes in both directions will be big, so investors can make or lose a lot of money very fast, depending on timing.
As an American taxpayer, this is sure as hell “aligned with “American interests” and “American values.“. I’m ok with paying into this until a free and secure Ukraine is built back up into a stable modern society
And beyond Ukraine these aid workers grandsons all support fundamental American values building a better world, and should be funded way beyond their minuscule budgets of today. Vaccine funding alone is a small investment with huge returns plus is even a more direct benefit in todays world of global pandemics