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To: roadcat

“ A lot of people are mistaken about what Tesla is. They are not a car company; they are a technology company, the car business is a portion of their value. Tesla is making huge profits in energy production, which will surpass car production as their main product. “

No, they aren’t making any profits in energy production let alone huge profits.

“They have many deals worldwide with utility companies to capture and store energy, “

Read a little about the tiny bit of electricity “captured”, and how that is usually from overflow of the erratic solar and wind power produced at certain places. It messes with the utilities quite a bit and would not exist without government interference in the market.

“...are a top seller of solar roofs and energy storage for homes and businesses,”

Did you ever look at their business model? It equalizes power usage from places like Arizona to places like North Dakota artificially.

“...and are now in business with HVAC products for homes and businesses. In addition, they make efficient batteries, which is one reason the major automakers will have difficulty competing with Tesla in making EV cars.”

Car magazines regularly report far fewer than reported range mileage, problems with fit and finish and other quality control. Check out the You Tube video of a guy that just bought a Tesla and the roof blows off while he’s driving it home.

“ I believe that EV cars will only be 25 percent of cars made by 2035, so gas cars will be around for a long time. But Tesla will much of the EV market as theirs in order to make lots of money, much of it from robo-taxis and transport vehicles. Their stock is going up because of their future value a few years from now. “

My point is that expected future value has been greatly overestimated for years.


28 posted on 02/09/2021 11:47:20 AM PST by jdsteel ("A Republic, Madam, if you can keep it." Sorry Ben, looks like we blew it.)
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To: jdsteel
My point is that expected future value has been greatly overestimated for years.

And you would be wrong, as well as wrong on most of your rebuttals. The only thing you may have any remote sense of factual information, is about quality control issues. Yes, they have complaints about fit and finish, which gets resolved on a continual basis. This is expected with new vehicles. I can tell you from personal experience about GM vehicles which are worse. One of my bosses had to sue GM because his new Chevy was in the shop almost 80 percent of the time he owned it in the first 2 years, for fit and finish, engine, trans, and differential failures, and chassis problems. He got a nice settlement from GM and never bought another American car.

As for me, I don't own a Tesla. But I do own Tesla stock, and made 9 times my investment in 2020, and will own it as long as it continues to grow.

34 posted on 02/09/2021 2:31:50 PM PST by roadcat
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