Tesla does it again... scores 103 out of 100

[CID1990]

GM, Ford, and yes, Tesla all owe their existences today to corporate welfare

Which is something I thought was bad?

Somebody bring me up to speed here is that OK now?

[kalm]

GM, Ford, and yes, Tesla all owe their existences today to corporate welfare

Which is something I thought was bad?

Somebody bring me up to speed here is that OK now?

[Chizzang]

GM, Ford, and yes, Tesla all owe their existences today to corporate welfare

Which is something I thought was bad?

Somebody bring me up to speed here is that OK now?

Coming from the guy who lives on the single largest global welfare program

[CID1990]

GM, Ford, and yes, Tesla all owe their existences today to corporate welfare

Which is something I thought was bad?

Somebody bring me up to speed here is that OK now?

Coming from the guy who lives on the single largest global welfare program

I'm just checking, Skelly- because I thought it was bad but now you guys are confusing me

I just want to be woke like you





When you visit Thailand maybe I'll leave you in that Bangkok jail a couple extra days to ponder your smug prickiness (and whether you need me or not)

[Ibanez]

I'd been hearing reports on this and wondered if this thread would move back to the top. And the reports I heard are pretty consistent with the headline of the article. It's not because Tesla has done well. It's because people are seeing it as a potential big winner in the future.

It's a gamble, I think. But I guess that's what investment is about.

What's interesting to me is that this happened in the midst of a situation in which a new Presidential Administration would reasonably be expected to draw back on some of the policies that have given electric car makers a boost.

Not suprising considering GM came out of bankruptcy 7+ years ago, and Ford & GM hamstrung themselves by agreeing to the newer tougher CAFE standards set under the Obama admin in 2011 that call for 54.5 miles per gallon for cars and light-duty trucks by model year 2025 (which is a boost for TESLA). With a higher percent of the Big 3's sales being larger pickups, SUVs, muscle cars, minivans, & a smaller percent being small cars, the Big 3 having a harder time competing with the foreign companies.

If the 2025 CAFE standards are rolled back, which it looks like Trump will do (Big 3 have no chance of meeting it), I bet you'll see a jump in GM & Ford's market capitalization..
http://www.nbcnews.com/business/autos/t ... ds-n734256

I bought Citi, Ford and GM when they crashed. Sold a few years later for a very nice return. I wish I kept it...but that money was better used someplace else.

[Ursus A. Horribilis]

Coming from the guy who lives on the single largest global welfare program

I'm just checking, Skelly- because I thought it was bad but now you guys are confusing me

I just want to be woke like you





When you visit Thailand maybe I'll leave you in that Bangkok jail a couple extra days to ponder your smug prickiness (and whether you need me or not)

cleets got roasted.

Just so you know, I consider your work exceedingly important if I go there.

[Chizzang]

I'm just checking, Skelly- because I thought it was bad but now you guys are confusing me

I just want to be woke like you





When you visit Thailand maybe I'll leave you in that Bangkok jail a couple extra days to ponder your smug prickiness (and whether you need me or not)

cleets got roasted.

Just so you know, I consider your work exceedingly important if I go there.

[kalm]

cleets got roasted.

Just so you know, I consider your work exceedingly important if I go there.

Getting an ohno emoji out of Chizzy is one of the true joys in life...

[CAA Flagship]

Getting an ohno emoji out of Chizzy is one of the true joys in life...

Not nearly as joyful as getting a "gawdammit" out of you.

[JohnStOnge]

On the mileage per charge thing: It's really a function of how long it takes to charge and how far you can go on a charge. I figure when I'm in "make progress" mode on a long road trip stopping for gas will cost me 10 to 15 minutes.

According to Tesla's site (https://www.tesla.com/charging), if you go on a long road trip, a 30 minute charge will get you about 170 miles.

So let's say you're taking an 800 mile drive in a day. If you are going in a gasoline powered vehicle that gives you 400 miles per tank that means one 10 to 15 minute stop for gas. If you're going in a Tesla and go with the 300 mile best case initial fully charged range you go 300 miles then you have to stop for 30 minutes ot get another 170. That gets you to 470. Then you have to stop for another 30 mintues to get you to 640.

So you're talking about 10 to 15 minutes of "refueling time" vs. an hour.

[CAA Flagship]

On the mileage per charge thing: It's really a function of how long it takes to charge and how far you can go on a charge. I figure when I'm in "make progress" mode on a long road trip stopping for gas will cost me 10 to 15 minutes.

According to Tesla's site (https://www.tesla.com/charging), if you go on a long road trip, a 30 minute charge will get you about 170 miles.

So let's say you're taking an 800 mile drive in a day. If you are going in a gasoline powered vehicle that gives you 400 miles per tank that means one 10 to 15 minute stop for gas. If you're going in a Tesla and go with the 300 mile best case initial fully charged range you go 300 miles then you have to stop for 30 minutes ot get another 170. That gets you to 470. Then you have to stop for another 30 mintues to get you to 640.

So you're talking about 10 to 15 minutes of "refueling time" vs. an hour.

A Tesla just isn't that type of car. No difference than a large pickup, or some small piece of shit car. If you don't have another car to use for a long trip, rent one. With Sirius/XM.

[Ibanez]

On the mileage per charge thing: It's really a function of how long it takes to charge and how far you can go on a charge. I figure when I'm in "make progress" mode on a long road trip stopping for gas will cost me 10 to 15 minutes.

According to Tesla's site (https://www.tesla.com/charging), if you go on a long road trip, a 30 minute charge will get you about 170 miles.

So let's say you're taking an 800 mile drive in a day. If you are going in a gasoline powered vehicle that gives you 400 miles per tank that means one 10 to 15 minute stop for gas. If you're going in a Tesla and go with the 300 mile best case initial fully charged range you go 300 miles then you have to stop for 30 minutes ot get another 170. That gets you to 470. Then you have to stop for another 30 mintues to get you to 640.

So you're talking about 10 to 15 minutes of "refueling time" vs. an hour.

I don't think the average driver is driving 800 miles a day. I'm sure there are plenty of drivers that will take their Tesla or Chevy Volt on a long trip. But I would assume that the person that can afford a Tesla, will fly the 800 or 1000 miles instead of driving. You're hung up on the long trip (which is a valid) but I think you focus on it more so b/c you have phobia/fear of flying.

I see a lot of electric vehicles, mostly the Volt and Teslas (and mostly the SUV) but there's the occasional BMW.

I suspect the age range of an electric car owner is between 20-50. Based off the data from the US DOT, the avg daily mileage is closer to 40 miles. https://www.fhwa.dot.gov/ohim/onh00/bar8.htm

[houndawg]

Coming from the guy who lives on the single largest global welfare program

I'm just checking, Skelly- because I thought it was bad but now you guys are confusing me

I just want to be woke like you





When you visit Thailand maybe I'll leave you in that Bangkok jail a couple extra days to ponder your smug prickiness (and whether you need me or not)

Its only bad when their corporate welfare isn't enough and they want ours too. I be for corporate welfare when my stolen Social Security money gets repaid with interest.

[houndawg]

On the mileage per charge thing: It's really a function of how long it takes to charge and how far you can go on a charge. I figure when I'm in "make progress" mode on a long road trip stopping for gas will cost me 10 to 15 minutes.

According to Tesla's site (https://www.tesla.com/charging), if you go on a long road trip, a 30 minute charge will get you about 170 miles.

So let's say you're taking an 800 mile drive in a day. If you are going in a gasoline powered vehicle that gives you 400 miles per tank that means one 10 to 15 minute stop for gas. If you're going in a Tesla and go with the 300 mile best case initial fully charged range you go 300 miles then you have to stop for 30 minutes ot get another 170. That gets you to 470. Then you have to stop for another 30 mintues to get you to 640.

So you're talking about 10 to 15 minutes of "refueling time" vs. an hour.

not a very "real world" scenario John. 800 miles with one 10-15 minute stop. Yeah right.

What does it cost to recharge the Tesla?

And you can get a full charge while you relax and have lunch so really only two stops and you'll need to piss even if you drive a gas engine...

[BDKJMU]

Tesla passed Ford and General Motors in market capitalization
to become the most valuable American carmaker...

http://www.theverge.com/2017/4/4/151804 ... on-ford-gm

Which really doesn't make a lot of sense when you consider that in their 14 year history they have had only 2 profitable quarters, and are projected to lose 950 million this year...

[Chizzang]

Tesla passed Ford and General Motors in market capitalization
to become the most valuable American carmaker...

http://www.theverge.com/2017/4/4/151804 ... on-ford-gm

Which really doesn't make a lot of sense when you consider that in their 14 year history they have had only 2 profitable quarters, and are projected to lose 950 million this year...

Let me explain how this works...
Q: How likely is General Motors stock to hit $600 a share in the next 5 years..?
A: Extremely unlikely (virtually zero)

Q: How likely is Tesla (SpaceX and GigaFactory Battery) to hit $600 a share in the next 5 years..?
A: About 50/50 right now and going up

So...
If you were sitting on a million surplus dollars that you were about to get nailed for Capital Gains on
Would you roll it into Tesla or GM stock..?

Hint:
Tesla has about a 50% chance of turning your Million dollars into $4 Mil in 2 years




Stick with me kid, I'll help you out
Investing in GM is like putting your money to sleep

[BDKJMU]

Which really doesn't make a lot of sense when you consider that in their 14 year history they have had only 2 profitable quarters, and are projected to lose 950 million this year...

Let me explain how this works...
Q: How likely is General Motors stock to hit $600 a share in the next 5 years..?
A: Extremely unlikely (virtually zero)

Q: How likely is Tesla (SpaceX and GigaFactory Battery) to hit $600 a share in the next 5 years..?
A: About 50/50 right now and going up

So...
If you were sitting on a million surplus dollars that you were about to get nailed for Capital Gains on
Would you roll it into Tesla or GM stock..?

Hint:
Tesla has about a 50% chance of turning your Million dollars into $4 Mil in 2 years




Stick with me kid, I'll help you out
Investing in GM is like putting your money to sleep

Maybe neither. But since I am not sitting on a million $$ about to get hit with cap gains it really doesn't matter for me. I guess you would call Motley Fool a fool. Not everyone is jumping on the Tesla bandwagon.
https://www.fool.com/investing/2017/04/ ... april.aspx
http://smartstocknews.com/55858-tesla-i ... sla-stock/
http://www.foxbusiness.com/markets/2017 ... -time.html

The question is is Tesla overvalued or not? Is it trading on fundamentals or trading on hype?

[houndawg]

Let me explain how this works...
Q: How likely is General Motors stock to hit $600 a share in the next 5 years..?
A: Extremely unlikely (virtually zero)

Q: How likely is Tesla (SpaceX and GigaFactory Battery) to hit $600 a share in the next 5 years..?
A: About 50/50 right now and going up

So...
If you were sitting on a million surplus dollars that you were about to get nailed for Capital Gains on
Would you roll it into Tesla or GM stock..?

Hint:
Tesla has about a 50% chance of turning your Million dollars into $4 Mil in 2 years




Stick with me kid, I'll help you out
Investing in GM is like putting your money to sleep

Maybe neither. But since I am not sitting on a million $$ about to get hit with cap gains it really doesn't matter for me. I guess you would call Motley Fool a fool. Not everyone is jumping on the Tesla bandwagon.
https://www.fool.com/investing/2017/04/ ... april.aspx
http://smartstocknews.com/55858-tesla-i ... sla-stock/
http://www.foxbusiness.com/markets/2017 ... -time.html

The question is is Tesla overvalued or not? Is it trading on fundamentals or trading on hype?

What will you do when Chizz isn't here to help you through life anymore?

[Chizzang]

Let me explain how this works...
Q: How likely is General Motors stock to hit $600 a share in the next 5 years..?
A: Extremely unlikely (virtually zero)

Q: How likely is Tesla (SpaceX and GigaFactory Battery) to hit $600 a share in the next 5 years..?
A: About 50/50 right now and going up

So...
If you were sitting on a million surplus dollars that you were about to get nailed for Capital Gains on
Would you roll it into Tesla or GM stock..?

Hint:
Tesla has about a 50% chance of turning your Million dollars into $4 Mil in 2 years




Stick with me kid, I'll help you out
Investing in GM is like putting your money to sleep

Maybe neither. But since I am not sitting on a million $$ about to get hit with cap gains it really doesn't matter for me. I guess you would call Motley Fool a fool. Not everyone is jumping on the Tesla bandwagon.
https://www.fool.com/investing/2017/04/ ... april.aspx
http://smartstocknews.com/55858-tesla-i ... sla-stock/
http://www.foxbusiness.com/markets/2017 ... -time.html

The question is is Tesla overvalued or not? Is it trading on fundamentals or trading on hype?

Okay,
First of all trading on fundamentals is trading on hype...
The number one rule of trading is the brand story (Hype)

Secondly
Auto Nation's CEO is of course completely against TESLA
as TESLA is breaking traditional Automotive rules in almost every quadrant of the model
Exposing guys like him

Thirdly
Wall Street is a giant Ponzi Scheme...
play the scheme or put your money in a checking account

[cx500d]

Which really doesn't make a lot of sense when you consider that in their 14 year history they have had only 2 profitable quarters, and are projected to lose 950 million this year...

Let me explain how this works...
Q: How likely is General Motors stock to hit $600 a share in the next 5 years..?
A: Extremely unlikely (virtually zero)

Q: How likely is Tesla (SpaceX and GigaFactory Battery) to hit $600 a share in the next 5 years..?
A: About 50/50 right now and going up

So...
If you were sitting on a million surplus dollars that you were about to get nailed for Capital Gains on
Would you roll it into Tesla or GM stock..?

Hint:
Tesla has about a 50% chance of turning your Million dollars into $4 Mil in 2 years




Stick with me kid, I'll help you out
Investing in GM is like putting your money to sleep

Yep, that's similar to what a lot of us where saying during the dotcom times in 1999-2000. If you are comfortable speculating, go ahead.


Sent from my iPhone using Tapatalk

[Chizzang]

Let me explain how this works...
Q: How likely is General Motors stock to hit $600 a share in the next 5 years..?
A: Extremely unlikely (virtually zero)

Q: How likely is Tesla (SpaceX and GigaFactory Battery) to hit $600 a share in the next 5 years..?
A: About 50/50 right now and going up

So...
If you were sitting on a million surplus dollars that you were about to get nailed for Capital Gains on
Would you roll it into Tesla or GM stock..?

Hint:
Tesla has about a 50% chance of turning your Million dollars into $4 Mil in 2 years




Stick with me kid, I'll help you out
Investing in GM is like putting your money to sleep

Yep, that's similar to what a lot of us where saying during the dotcom times in 1999-2000. If you are comfortable speculating, go ahead.

Indeed,
Worthy of note
But that's a vastly different example

Venture capital companies were driving the dot.com craze
and they were using OPM (other peoples money) by the billions
and buying IPO's that made NOTHING and simply owned untested patents

I'm not suggesting buying un-researched stock
That's always a bad idea

[Ibanez]

Let me explain how this works...
Q: How likely is General Motors stock to hit $600 a share in the next 5 years..?
A: Extremely unlikely (virtually zero)

Q: How likely is Tesla (SpaceX and GigaFactory Battery) to hit $600 a share in the next 5 years..?
A: About 50/50 right now and going up

So...
If you were sitting on a million surplus dollars that you were about to get nailed for Capital Gains on
Would you roll it into Tesla or GM stock..?

Hint:
Tesla has about a 50% chance of turning your Million dollars into $4 Mil in 2 years




Stick with me kid, I'll help you out
Investing in GM is like putting your money to sleep

Maybe neither. But since I am not sitting on a million $$ about to get hit with cap gains it really doesn't matter for me. I guess you would call Motley Fool a fool. Not everyone is jumping on the Tesla bandwagon.
https://www.fool.com/investing/2017/04/ ... april.aspx
http://smartstocknews.com/55858-tesla-i ... sla-stock/
http://www.foxbusiness.com/markets/2017 ... -time.html

The question is is Tesla overvalued or not? Is it trading on fundamentals or trading on hype?

SEriously? The first line is

The head of the U.S.'s largest car-dealership chain called Tesla Inc.'s market value "inexplicable,"

Hmmmm...what motive would that guy have to downplay/destroy Tesla's image? Let's use our critical thinking skills for a moment... That's like the head of a the American Hotel and Lodging Associat coming out against AirBnB.

Last year, Airbnb underwent a rough regulatory patch.

The short-term rental company became a Federal Trade Commission target last summer after three senators asked for an investigation into how companies like Airbnb affect soaring housing costs. In October, Gov. Andrew M. Cuomo of New York signed a bill imposing steep fines on Airbnb hosts who break local housing rules.

The two actions appeared unrelated. But one group quietly took credit for both: the hotel industry.

In a presentation in November, the American Hotel and Lodging Association, a trade group that counts Marriott International, Hilton Worldwide and Hyatt Hotels as members, said the federal investigation and the New York bill were “notable accomplishments.”

https://www.nytimes.com/2017/04/16/tech ... .html?_r=0

Think McFly...THINK!

[Chizzang]

Another key point... as shown by Ibanez
Betting on TESLA to succeed is betting against the traditional US car go to market strategy
whilst also betting on battery growth
and betting on space X

That seems like a trifecta of intelligent gambles

While betting on GM to get their sh!t together is quaint.. even romantic American nostalgia
but probably a bad bet



I don't see the risk as higher for TESLA

[BDKJMU]

Maybe neither. But since I am not sitting on a million $$ about to get hit with cap gains it really doesn't matter for me. I guess you would call Motley Fool a fool. Not everyone is jumping on the Tesla bandwagon.
https://www.fool.com/investing/2017/04/ ... april.aspx
http://smartstocknews.com/55858-tesla-i ... sla-stock/
http://www.foxbusiness.com/markets/2017 ... -time.html

The question is is Tesla overvalued or not? Is it trading on fundamentals or trading on hype?

SEriously? The first line is

The head of the U.S.'s largest car-dealership chain called Tesla Inc.'s market value "inexplicable,"

Hmmmm...what motive would that guy have to downplay/destroy Tesla's image? Let's use our critical thinking skills for a moment... That's like the head of a the American Hotel and Lodging Associat coming out against AirBnB.

Last year, Airbnb underwent a rough regulatory patch.

The short-term rental company became a Federal Trade Commission target last summer after three senators asked for an investigation into how companies like Airbnb affect soaring housing costs. In October, Gov. Andrew M. Cuomo of New York signed a bill imposing steep fines on Airbnb hosts who break local housing rules.

The two actions appeared unrelated. But one group quietly took credit for both: the hotel industry.

In a presentation in November, the American Hotel and Lodging Association, a trade group that counts Marriott International, Hilton Worldwide and Hyatt Hotels as members, said the federal investigation and the New York bill were “notable accomplishments.”

https://www.nytimes.com/2017/04/16/tech ... .html?_r=0

Think McFly...THINK!

Good point on the one link with the Autonation CEO, but that still doesn't change the fact that a lot of Wallstreet isn't onboard with the Tesla hype (I included a couple of links, are others).

[BDKJMU]

Maybe neither. But since I am not sitting on a million $$ about to get hit with cap gains it really doesn't matter for me. I guess you would call Motley Fool a fool. Not everyone is jumping on the Tesla bandwagon.
https://www.fool.com/investing/2017/04/ ... april.aspx
http://smartstocknews.com/55858-tesla-i ... sla-stock/
http://www.foxbusiness.com/markets/2017 ... -time.html

The question is is Tesla overvalued or not? Is it trading on fundamentals or trading on hype?

SEriously? The first line is

The head of the U.S.'s largest car-dealership chain called Tesla Inc.'s market value "inexplicable,"

Hmmmm...what motive would that guy have to downplay/destroy Tesla's image? Let's use our critical thinking skills for a moment... That's like the head of a the American Hotel and Lodging Associat coming out against AirBnB.

Last year, Airbnb underwent a rough regulatory patch.

The short-term rental company became a Federal Trade Commission target last summer after three senators asked for an investigation into how companies like Airbnb affect soaring housing costs. In October, Gov. Andrew M. Cuomo of New York signed a bill imposing steep fines on Airbnb hosts who break local housing rules.

The two actions appeared unrelated. But one group quietly took credit for both: the hotel industry.

In a presentation in November, the American Hotel and Lodging Association, a trade group that counts Marriott International, Hilton Worldwide and Hyatt Hotels as members, said the federal investigation and the New York bill were “notable accomplishments.”

https://www.nytimes.com/2017/04/16/tech ... .html?_r=0

Think McFly...THINK!

Good point on the one link with the Autonation CEO, but that still doesn't change the fact that a lot of Wallstreet isn't onboard with the Tesla hype (I included a couple of links, are others).

Musk has got a cult like following in the same vein as Steve Jobs did..and the cult like hype is what they're trading on now. Now maybe Tesla will deliver like Apple did. But that remains to be seen..