Tesla’s stock will be added to the S&P 500 in a single step before the open on Dec. 21 https://www.cnbc.com/2020/11/30/tes...count-for-its-size-an-unprecedented-move.html I've bought a weekly $580C today.Tesla shares up 4% after hours.
Thanks. I am still waiting for my 7-seater Model Y. Hopefully by the time I get my Model Y all the quality issues (if any) are taken care of.
I am a buy and hold kind of investor. While I like TSLA having an early lead in EV space, I dont want to underestimate the capabilities of the ICE car manufacturers. They will catch up and the EV space will be much different than it is today. Is TSLA going to fail? I am not going to say that but for now I will not want to be in. Thats just me.
I appreciate your point of view, J. I have said, specifically, ICE manufacturers are going to fail with the exception of: VW, GM, and possibly Hyundai/Kia. These latter three might fail but they, at least, have a chance of survival. The point is, you and I have different points of view. Reading your point of view helps me, because it is different from my own. I already know how I see the situation; no need for reinforcement. Thank you, J. I look forward to your next comment.
Tom I join the discussion late so I don't know what your viewpoints are. Not sure why you would think the majority of ICE car makers will fold, esp some like toyota. If that was the case then why would we have so many ICE car makers today? I guess if we take away the gas engine, arguably the most complex unit in todays vehicle, we somewhat simplify the variations among the car manufacturers. However we still do have enough differentiation left to support other car makers.
Lots of discussion on that topic in this thread. I agree with Tomb16. Even VW is in turmoil right now with the transition. short version is you can turn a small boat much faster making less waves, than turning a large ship. For them to compete in EV space will require (at this point) selling EV for a loss, to more than likely cannobolise (sp) their own profit making ICE customers.
To add to that. Just a couple yrs ago the headlines were “can tesla survive the next tesla killer?” “Why tesla is doomed” “why...insert negative headline” fast forward today, and noteworthy CEO’s from ICE companies, are saying how the goal is to catch tesla. Headlines are “the race to catch tesla” corporations are imitating most things they do. And those that do, are successful so far. Those that don't, get further behind. the cost to change from ICE to EV is underestimated when multi billions or trillions are invested in ICE and ICE partnerships. also all the best engineers capable of helping the transition to catch tesla, are already working for, or applying to tesla.
If you are talking about the domestic car makers like GM Ford them I agree. They tend to put short term interests before long term interest and that has come back and bit them in the behind many times now. Such shortsightedness. I am not sure it is the same with the Asian car makers. I also agree that many times TSLA has been written off in the past but look where it is now. I like TSLA. I would buy a TSLA car when it becones more affordable and has longer range. GL to TSLA stock owners.
Well, JTuber. The stock market is a mechanism for turning thoughts and predictions into money. Perhaps you can turn your vision into a financial return? B. Russ and I posted our thoughts and vision of Tesla's future, starting several years ago. I look forward to reading your comments.
Trust me. I have been trying to do exactly this for 20 years now. Hit some. Miss some. Just like most everyone else.
to elaborate, i know its a long thread. I am also talking about all legacy carmakers. They are too invested in a dying market. converting a fossil fuel factory to electric isnt that easy. It will take billions in retooling the factories. Then they will be tooling to equal whatever point tesla is at in december 2020. (Because thats who everyone is chasing). When they finally do 2 to 5 yrs later, tesla will have been on to greater things. They also have to compete with the top 3 safest vehicles in the world also being from tesla and will have been for yrs by the time they can try to match it. batteries arent as easy as a legacy manufacture would have one believe. Tesla has the best. And now fastest and cheapest made per output. (Batteries being the main bottleneck for the next 5 to 10 yrs)...as soon as they just have to get it scaled. It exists....it just isnt scaled yet. Others are just trying to reproduce their capabilities that they are already scaling. The question is no longer will tesla survive, but will anybody catch them. Thats just the auto division.... im sorry you think the board is boring. But i agree. Its not full of everyone forcing their opinion on you. Which i thinK is refreshing. There is much knowledge here. Many traders as well. Its a different vibe tha. It once was, i agree. But then i also used to frequent daytrader type threads.
Also, the only way to make a board less boring is to post more, which will make others post more. We see it a lot that some top posters leave because they're not "getting the same level of dialogue from others" as they are giving. They feel like they're providing more value to the forum than they are receiving. It sucks, but that's life. The only way to do your part in having an active "non-boring" forum is to post in it yourself. Have a thought on a stock? Post about it instead of looking to see if there's already active conversation on it. If you post, you may receive dialogue. Some lurker may join in. Who knows.
This thread is 108 pages. Maybe we have too much discussion. From what I can tell, personal attacks have reduced 100% in the last year. New members are warmly welcomed. This is an extremely pleasant site on which to hang out and discuss anything related to finance and investing. This site has facilitated some nice friendships. What better sign of a successful site? This past weekend, I stopped by WXYZ's house and we washed each other's hair.
Yes it's a good thread about TESLA and the EV sector. Watching all the EV stocks ... some doing well others not so good. Tesla is the leader and will continue to be imo. Not surprised that NKLA didn't get the investment dollars from GM. Small cap IDEX announced hiring a Volkswagen veteran for the E bike division Treelektrik. These are exciting times for the EV sector.
I think the statement "the board is boring" was meant for me. Yes I did mention the lack of activity on this board ... in the Investment forum of this site because I posted 2 threads there about AMD vs INTL and the EV Bubble and no one bothered to comment. Not a single comment. Maybe that's the wrong forum to post such topics in but hey I am a new guy on the block. If it was the wrong place to post, then it would be better if some old timers replied and pointed out where to post and move my posts to the correct place. My fault. I should have scout the site first to see all the forums available. In any case, yeah, I want to contribute to the discussion so looking forward to battle, I mean, debate you guys in the future.
I've been vocal about my view of the world of automobiles and transportation to the point that I wouldn't comment in an EV Bubble thread. Our opinions sharply contrast. It's not that I have a problem disagreeing with anyone about anything. It's just that I disagree once and then move on. I will still read your opinions, though. As for AMD vs INTL, I've spammed my point of view into the AMD thread but I'm pleased to engage. In this case, I don't own either company. I owned Intel in the late 80s and then picked up AMD in the mid 90s to be sold in the late 90s. I haven't owned either since then so I don't have a lot of skin in the game. Also, my understanding of the chemistry and lithography process ends with the visible light spectrum so I can't intelligently discuss x-ray lithography. I have a bit of knowledge of feature sizes at the smaller nodes that might be helpful to the discussion. For what it's worth, I was smart enough to foresee the bumping issues Nvidia had 10 years ago and get out before the problem turned into a mushroom cloud. Please understand, I don't intend to ignore you or disrespect you in any way. Thank you for speaking up and participating.
Im the same. I try not to chime in on daytrading because i suck at it. Haha. And only comment on what im invested in or researching to invest in. Right now its 99% tsla with. so i have a question on sp inclusion. How exactly will the shares be purchased? I understand its one big move on the 21st. But that they will be purchased on market close price from the 18th? How does that work? Anyone that knows, i would appreciate it. It is relative to my situation, as i have a DEC 24 call that i am trying to decide how to handle as that week approaches.
Kinda fun/Interesting after hrs. Goldman sachs upgraded from $455 hold to $780 buy. Also Michael Burry acknowledged he shorted tsla. Fine. Its swolen a lot in a short time. What i find intriguing is a potential twitter jab with elon. “So, @elonmusk, yes, I'm short $TSLA, but some free advice for a good guy....Seriously, issue 25-50% of your shares at the current ridiculous price. That's not dilution. You'd be cementing permanence and untold optionality. If there are buyers, sell that #TeslaSouffle,” Burry tweeted Tuesday night. sounds like he is telling him how to run his company. From such a notorious investor, i wouldnt be surprised to see some taunting if he is wrong. Of course i have no idea the guys % goal or timeframe. He very well could cash in short term. Its a wild ride right now!
Not trying to make this TOO political, but has anyone read through Biden's climate proposal? I have not, only heard snippets to this point. I believe I heard he greatly wants to build infrastructure around the US for the transition to EV's. That and transition subsidies from fossil fuel companies to more climate friendly companies. Being that tesla is the biggest EV company in the US, I'd imagine both of those will help Tesla quite a bit, not that they've really needed it to this point. Obviously those are probably only possible if both Georgia Senate seats go blue in January, but they could be some longer term positives for this industry.
The political driver I'm looking for is on the energy side. At some point, countries will mandate 99% clean energy production and that will cause an explosion of energy storage. It will happen one or two countries at a time over the course of a decade. Speaking of explosions, it will also trigger massive nuclear proliferation. On the automotive side, Tesla is almost as immune to politics as ICE manufacturers. Help is always welcome, though. Remember in 2015 when Elon started talking about the need to create their own source of batteries to remove the ability of big auto to lock up the battery supply and put them out of business? He talked about building the biggest battery factory in the world. He was right. Without Giga Nevada, Tesla would be out of business now. Also, without the frantic production scaling effort, Tesla would be out of business. What seemed like extreme risk business choices turned out to be savagely powerful business acumen. If any company has the skill to navigate choppy political waters, it's Tesla.
