Who wudda thunk it? Tesla stock rose today to $298 and surpassed Ford in value. Which is insane. Not not too insane. I sold my TSLA stock today @ $293. I’m still an Elon cult member. But I think I’ll be able to buy back in at a lower price.
I think in the long run Tesla will become the worlds biggest auto maker, the worlds biggest solar installer, and the world’s biggest battery maker. But I think the likelihood that the stock will go down in the short term is good.
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U.S. Robots and Mechanical Men – A Division of Musk Industries
Scary?
Can we say B U B B L E ??
So when will they pay back the money they defrauded California?
And why do you think the stock price will go down?
I think it is a great thing that Tesla is acquiring more stature.
I’m not an Elon Musk fan, but he has come up with innovative ideas and concepts.
Most of the traditional automakers have not pressed hard for futurism in design because the status quo works for them.
If I had stock, I’d sell too. market goes up and down. Time it/play it as you interests lead you.
I agree on solar and batteries….but not the car deal. Too many competitors better positioned…..not even considering china.
If you actually are thinking that Electric Vehicles will soon rule the road: then I agree. Its funky and not sexy…but I think more attention should be given to compressed air cars. Solves a lot of issues now and in the future even with a “perfected” battery which is still over the horizon.
AKA: batteries. The buggy whip of Green Energy.
Stay tuned.
Do you have any data regarding the viability of compressed air as a power source?
Can’t imagine you could go very far (an energy density thing).
https://s3.amazonaws.com/lowres.jantoo.com/ecology-car-driver-speed-alternative-compressed_air-47630501_low.jpg
Popular Science magazine and Popular Mechanics magazine (now defunct?) both used to routinely tout flywheel energy as well as (hot) fusion every 10 years for decades as THE NEXT BIG THING and always 15 years away from practical implementation.
[actual witty aphorism follows] Real physics is a bitch.
I think you left out miniature nuclear power plants.
Energy density is just one of many different issues when going green. As alluded, the other is battery technology. The compressed air vehicles can be “filled” everywhere there is an air pump and the storage containers are off the shelf tech. No rare Earth…explosions very rare. Very easy “low weight” vehicles have an easy 200 mile range between fill ups. Home high pressure reserve can be pumped up using solar energy thereby acting as that energy battery that is so key to more distributed applications.
Easy to google if you have an interest. The vehicles do have limited range, don’t supply air conditioning real well, slower acceleration and so forth. The daily commuter car that can’t do it all. It should be part of the mix….. but its just not sexy.
A full sized welding bottle weighing 117 pounds and full of compressed gas at 3000 psi (a bomb) stores roughly about 2kw-hours of retrievable energy. This is approximately how much energy is stored in a 200 amp-hour lead-acid car battery.
The battery wins this contest hands down. Lithium ion batteries might be better. Capacitor technology is in it’s infancy. It promises to have the highest energy densities of all.
BTW, compare your 117 pound bottle at 3000 psi, 2 kw-hrs energy, to 33.4 kw-hrs of energy stored in a gallon of gasoline weighing ~ 8 pounds.
…… which contest is that?
The contest of what is practical in the real world, not the fantasy world of greenie fags.
Bobbo …
Here is a Pepsi commericial that is banned in the United States.
https://youtube.com/watch?v=AfCiV6ysngU
It is banned because it is a corporation trying to commercialize on protests.
https://youtube.com/watch?v=qIiszI-v1t0
Moments later, a full can of Pepsi was hurled by the crowd.
Thanks HM. that video was the lead for Rachel Madow tonight. I only half watched with the sound off most of the time. I’m watching NetFlix free this week on Comcast as much as I can. House of Cards, Luke Cage so far.
Her take was it was taken off the air due to protests that is had no black women…actually 2 in the background and 1 to catch the blond wig, and that it was indeed using “serious” political unrest to push their poisonous sugar water onto the public….. claim was 200K dead per year from this disease in the can.
………..how this connects to anything in this thread escapes me on casually not thinking too hard. But the full commercial was almost bearable except after Madow ruined it, I couldn’t lust after Jenner at all…… even after I ignored her complete …….. vapidness/irrelevance?
What one word do you think best sums up a fair evaluation of the Kardasian Phenomenon?….. Pepsi. It is mind rot in a can.
I thought the video was very — I’m not sure what word I am looking for — perhaps “rose colored glasses” distortion.
A company like Pepsi or Disney is likely to convolute something badly.
What did I read the other day? Facebook has never turned a profit? Some bidness like that. Really a good illustration of how the stock trades on “itself” rather than the underlying value.
Thats how there can be 1 trillion of oil reserves and oil futures trading in a volume of 200 trillion. Same with every other investment vehicle. …..aka…. ITS LEGALIZED GAMBLING.
So played.
The Tesla stock price will go down, and this is why.
All Tesla’s have been Supercars, albeit with a limited range.
Driving a Tesla as a Supercar severely limits its range, usually less than 100 miles. This range limit will apply to the T3 as well.
Except for people buying into the dream, who would choose this over a Chevy Volt? The Volt has comparable performance and can travel half way across the country on a tank of gas. Not to mention you can buy and service one at your local Chevy dealer, who isn’t going away any time soon.
Eventually the limitations will overtake the dream.
People who realize we have to stop burning fossil fuel.
You “should” know that already……. on some level I’m sure you do ………….. but stupidity will leak out of every available hole.
[… but stupidity will leak out of every available hole.]
Does it leak out of your pee-pee hole too?
Liberals are funny. They think electric cars are fueled by unicorn dreams.
Stupid.
Electric vehicles will be the future.
They are more efficient and have a lower impact on the environment.
They are have less moving parts, so they are a bit more design efficient and require a bit less maintenance.
“Liberal” has got nothing to do with it.
When electric cars that people actually WANT to buy become mainstream …
It will be like a thin flat screen TV vs. a 1990s beastly CRT television.
Or one of those big “cell phones” from the 1980s vs. a modern smart phone.
Tesla has been able to come up with the solutions to get electric cars to be something mainstreamable.
There will be many more challenges ahead, but there is finally some promise of moving away from gasoline cars which has been used in cars since 1886.
I agree electric is the future, I question if Tesla will make it there.
I do like the idea of solar powered rooftop charging a second electric battery during the peak hours so I can have a fully charged car the next day.
Tesla was on to this but quit the program.
When this becomes a reality, then I’m all in.
Is Elon allowing his assembly line robots to unionize, or forcing them to work 7 days a week with no vacation or sick leave?
That plantation-owner mentality is so ubiquitous among the well-to-do…
Tesla just surpassed GM today too.
B U B B L E
Same as when AOL was valued higher than Time Warner during the Tech Bubble.
That ended well.
And that is why I sold the stock.
When Trump made fun of John McCain that he wants people who weren’t captured, Jonah Goldberg and others said the Trump bubble has burst, and my response was that it means more coming from someone inside the bubble.
Now we have it.
I have determined the only way to determine if the government is spying on you is to become President and tweet that the previous President spied on you.
Then Congress and the FBI checks to see if the they did, meanwhile everyone calls you crazy.
Then after a few weeks, you find out the government was spying on you.
So the only person who can find out if he is being spied on is the President.
The media liberals went fast from ‘Trump is crazy to say Obama spied on him’ to ‘It was his job to spy on Trump’.
“I leaked nothing to nobody and never have and never would.”
Verbal slip is the subconscious speaking the truth?
Whats the slip? I don’t see it.
I leaked nothing to nobody means she leaked something.
No, it doesn’t. She might be lying, but the statement is not an unconscious slip, Freudian or otherwise.
Really, I could give 2 shits about “Beltway chatter” (Russians, Rice snooping on Trump transition people, etc.) — because it is the type of horseshit the DC culture cares about.
(Travel ban or NAFTA or H1B changes are things of substance … on the otherhand)
That being said … this lady was the one making the TV appears saying Benghazi deaths were because of a video on the internet. And she was, I believe, an assistant director of national security.
So she has lots of practice telling bald-face lies.
So yeah, it’s likely this lady is lying.
Do I care about this? The Washington politicians are doing 3 Stooges stuff with the “Russians” and “spying on Trump” …
Lots of fucking around on the job and minutia. Did you know Congress is only in session 8 days this month?
And these ass clowns in Washington spend their time asking the FBI about “who did what and when” about stupid horseshit. And the CNN and MSNBC think this horseshit is “BIG NEWS!”
I have to check out BBC to get the real news these days. They do a better job doing actual American news than any of the US media outlets.
Maybe they should spend their time coming up with a list of things they can do on Obamacare that both parties think make sense?
Don’t leave out RT. Lots of good news/critique on that channel. Biased of course…but almost never “as biased” as USA news sources. Fun to observe such bias in play….and then match it up to the USA coverage.
I agree, especially with Trump, or perhaps just more unavoidably obvious with Trump: its mostly Lies and Distractions so the Oligarchy can continue with their Gubment structured welfare/transfer of wealth.
Just look: away from where our Leaders are pointing.
Yea, verily.
Can anyone give a short tutorial on how an ordinary schlub can short a stock¹? Can you do it on eTrade or Schwab, etc.?
¹this should be illegal, but since it isn’t, like stealing tax payers money to put up solar cells on your property, get yours while you can
Open a margin account, yes Charles Schwab will do it. Then do your short selling.
just make sure to mortage your house and get the highest margin you are allowed.
Then just wait until the market feels right to you.
^^^^ post of the day.
Mostly funny because shorting is extremely risky.
I thought he was being sarcastic, but maybe it’s what he’s done.
He’s serious.
Of course the problem with shorting is hoping someone will buy your stock at the high and sell it to you when it’s low.
Marc hopefully bought the stock at a reasonably lower price than what he sold it for. Then at least he made some money.
Well Oh_No==I was going to give you one Funny Bone for your first sentence, but then you ruined it by showing a complete lack of understanding of how stock is sold short.
Ahem: its not bought at a high but rather borrowed or optioned at any given price, then it is given back when the price falls lower. You pocket the difference….aka…no second buyer. As the market does go up and down, the win is timing the downmarket move within your option period……given the vagaries of the market….>>gambling.
This surprises me as you certainly post like a brain dead bidness man. I certainly assumed you would know something so basic?
No he has it right. If you borrow someone’s stock and sell it, then someone has to buy it, and when you buy it back and return it, someone has to sell it. Of course the stock market works that people will be available to fill at the current price. Your hope is that the price at which someone is selling is when it’s low.
NFS: I don’t think you are being sarcastic at all by providing us all with your own subconscious slip.
The KEY concept you added that Ho_Ons skipped over is the borrowing/option part. Selling short doesn’t work without that part.
basics.
Yes, NewFormatSux, you’ve got it right!
Marc was talking about shorting his own stock, therefore no buying was needed.
It’s great to find someone who can read and comprehend, unlike some.
As the intelligent understand, shorting a stock is simply selling a stock high and buying it back at a lower price.
Borrowing someone’s stock is one of a number of methods of accomplishing the short, but by no means the only way.
Ah-Yea–that is about the dumbest post ANYONE could ever make.
Its NOT what Marc posted. He sold his stock…he did not short it.
Its one thing to have a “wrong” idea but quite another to maintain it when the correct idea is explained to you.
Beyond Stupid…….. its: TeaParty Retard.
Sucks to be you.
> Selling short doesn’t work without that.
So what? If someone says the hope when buying a box of fruit is that there are none spoiled, it is irrelevant to say buying fruit doesn’t work without a medium of exchange.
add nuts and you can have a party.
Tesla is on pace to build 100,000 vehicles this year. Their goal is to reach capacity to build 500,000 per year.
Back a year ago, I was skeptical they could fulfill the orders they were accepting — and they initially were slow to ramp up production but it is clearly happening.
They’ve tripled production year-to-year with more capacity increases to come.
I agree. Thought the battery was a tighter bottleneck. I’d like to see some flow charts on the critical path for max production.
Battery tech is fascinating to follow. Its a nut that will get cracked fairly soon. Most likely: new tech with old materials?
BTW, now is the perfect time to short Tesla.
Right now the stock is sky high, and may go even higher, BUT those who preordered Tesla’s with the promised 2017 delivery date are now being told “I think so”. Watch Tesla miss the 2017 delivery date and see the stock take a short but significant drop.
Missiles launched into Syria.
Mixed.
On the one hand, I prefer the “don’t be involved in other countries” thing.
On the other hand, they used chemical weapons and unless Russia or China is going to shoot missles at Syrian military targets, who else could enact retribution? France? Germany? Haha. France didn’t even have the equipment to bomb Libya.
Slightly better than Bill Clinton bombing the aspirin factory in Sudan.
Wait, Susan Rice and John Kerry both told us the chemical weapons are removed from Syria.
Wait!!!!!………….as if “new ones” can’t be made?
How static is your……………imagination?
All things Felon:
http://businessinsider.com/elon-musk-favorite-job-interview-question-answer-2016-5
Yes, “the” answer is obvious….but the second one is “fun.”
That is an interesting price for a company that has never sold a car at a profit. I think somebody is going to get 3rd degree burns.
Do-ill. You’re Back!!!!!!! In fine form too I see.
Yea verily….it dramatically shows the gambling nature of the stock market. So many thinking it is vital for a functioning economy/society.
All …….. Lies.
More reason for Felon Musk to be locked up. Is Tesla cultist Marc Perkel OK with ignoring safety regulations?
http://www.zerohedge.com/news/2017-04-11/guest-post-tesla-performs-stealth-recall-misleading-messages-customer-ndas