Posted on 09/23/2020 9:31:14 AM PDT by RoosterRedux
I think when Musk talks about “full integration”....he’s not talking about just the EVs.
He’s talking about power.
Is Elon Musk a reincarnation of PT Barnum?
The Nikola incident seems to be making some gamblers look at Tesla with the skeptical eye they should always have had.
A couple things that a person should think about regarding Tesla....
If their Mkt Cap is #1 in the world, by a wide margin, then why don’t they have more cars to choose from? Why don’t they upgrade their styling?
If California can’t create enough electricity for turning on lamps... how would there be enough for Tesla cars?
The stock is up 1000% for the year, but sales actually have decreased?
The company makes virtually no profit.
If electric vehicles are so wonderful, then why doesn’t Toyota aggressively pursue that space?
From what I hear, the market was betting on the battery system, not the cars.
500 billion, at peak mkt cap, that’s a pretty big bet.
Then again, the Nasdaq today is like 1999...no lack of fundamental value seems relevant to the discussion. Earnings? Profits? Book Value? Dividend? Balance Sheet? Debt Load?
Who cares...”it’s going up”...
Maybe the battery died....................
Battery technology is hard - there’s been no Moore’s Law when it comes to energy storage, unfortunately. One good thing about electric car is that it’s spurring R&D in energy storage technology.
That new battery shown will likely be in production by 2021. Primary use: the battery packs on the new Roadster and the new Cybertruck initially, then will replace the battery packs on the Model 3 and Y by late 2021.
“Professional”
Only thing more pathetic than someone who has shorted a winner, is someone who has convinced his friends and family to short it.
Tesla’s worst days are seen as glorious buying opportunities.
I’d buy an electric car in an instant if I could give it a 250 mile refill in a couple of minutes.
“That new battery shown will likely be in production by 2021”
How much better is the new one than the current one?
And that may happen within five years. The new CHAdeMO 3.0 standard, which charges at up to 900 kW DC, could in theory charge something like a Tesla Model 3 in under seven minutes from empty to full.
Uh huh....
I never said to short it. It’s just a grossly overvalued growth stock. That kind of thing happens, but eventually the endings are the same.
Oh, piff...it’s no more than “ Buy the rumor, sell the news.”
Is Elon Musk a reincarnation of PT Barnum?
That is part of the job description.
Sometimes he gets carried away, like with his kid’s name.
“which charges at up to 900 kW DC”
That much juice going into a car, or for that matter going into the recharging station from the grid, is scary. And then think of 100 or 1000 cars doing that at the same time in a city.
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