Kolek planning to go pro
So what metrics will be measured to demonstrate that the climate has stopped changing? Also, how do you run a modern economy without fossil fuels? Tell me what part of modern medicine that does not require petrochemicals, glass, plastics, metals that have no carbon footprint?Does CA have the electrical grid and capacity to power EVs by 2050. It is my understanding that it takes more power to charge an EV than to run a home central air conditioner. Are the fossil fuel alternatives really clean and have absolutely no impact on the environment?
To be clear, the idea that US emissions “pale in comparison” to those of Latin American and Asian countries is false. The US produces the second-most emissions in the world.
Naturally, GOOGL went up 5.3% Friday. Mr. Market loves layoffs.
When growth slows or stops after long periods of rapid acceleration companies end up with too many employees.
GM was just ahead of the curve.
GM hasn’t recovered! Go woke, go broke!
I've been buying during this whole downturn, but just index funds. Has anyone been buying up any individual companies?
What's the old saying...don't try to catch a falling knife.
yup, that is the OLD saying...and that relates to tesla in what way?? you know of course rocks, that buying stocks cannot be personal.
You realize of course I posted this on Jan 3, when TSLA fell to 108 from 123 the day earlier. That's a falling knife!But, glad you're getting some of your money back (or maybe even making some). That's what we're all trying to do. I'm not bullish on TSLA, but more power to ya.I don't short - but I will sell holdings if I'm expecting a long-term market downturn. I don't think that's in the books right now.
ah yes rock, i see your point and thank you for your "pat on the back". forget had a nice logical response back a few weeks ago that made a lot of sense, but as you well know, there are many who are salivating at a tesla crash n burn as well, but i doubt they are confident enough in that enthusiasm to short it. and yes, good/bad trades are always easy to analyze looking back, but i was going on tesla' historical data and the fact that it still puts out a product that is in demand. it's companies like tesla that provide the incentive for ford, chevy et.al. to compete for the best
They already make better autos. Tesla hasn't been treated like a car company by the market for years. They're a tech company.
You're both correct tho. If a small garbage company suddenly developed tech to make cars run on trash and made their own cars that did so, they would be the catalyst to make the large auto makers to change and compete, even if they were treated like a garbage company by the market, not a carmaker.Tesla may not make the best EVs on the market, but they had a HUGE part in making the traditional auto makers up their game and not just make jokes like the Leaf or the Prius or Volt
Having owned a Tesla and a precvious ev, and having done research on a mustang EV (which I wouldn’t touch until GM makes a lot of improvements), I would say that Tesla makes the best mid-priced ev’s by far. Too many factors to list, but I wouldn’t touch any other mid-priced ev right now except Tesla and maybe Kia/Hyundai. Kia /Hyundai could be the first real rival for the mid-priced ev crowd. BMW Mercedes are close and more refined if you want “luxury” over tech, but they sell the old fashioned way and you end up optioning out and ending up with an expensive car. Oh, and you want heated seats - pay on subscription. Really! GM still using resistive heaters, really! With the price cuts, Tesla is going to sell as many cars as they can produce. They are set to ramp production. A money machine. It was a steal at 108 a share. Maybe a long term buy still at 170. What is the energy/battery division going to be worth if it continues to build and gets spun off? I have no idea, but there is a lot there besides the cars. Tesla is still so far out ahead, tech, efficiency, updates etc. best engineers want to go there. Be careful what you read. Reminds me of when there were articles such as the Hummer is more efficient and environmental friendly than a Prius. Until you dig under the hood and see that they assume the Prius is junked at 100k miles and the Hummer is junked after 300k plus miles to make the numbers work. Obviously history shows just the opposite is true.
Tesla is still so far out ahead, tech, efficiency, updates etc. best engineers want to go there.