/biz/ - Business & Finance

i really don't get it
i don't see more than 2 teslas a week
no ones buying this shit except for koreans in america
so wheres all this money going? what are they doing with this money?

how many times do we have to say that market cap is a meme

if I make a coin with a billion supply and my friend buys one for $1, is it a billion dollar company? No, it's artificial nonsense that means nothing

>>25732847
>>25732879
EV is the future you fucking boomers. You're just salty you didn't get into TSLA early. And don't buy now, wait to short it

>>25732847

More like big players sitting in the same table that normies and retards sit to take their chips in the end. Investors will then properly invest the capital gains in propper companies with actual decent profits whose products are more valued by the market than the resources they consume to produce it. Retards and iignorant delusional and specially greedy normies will be left holding the bag for decades.

In the end, there's justice. Always.

>>25732879
Europeans are buying them.

>>25732959
I see 1 Tesla per week max

t. Hamburg fag

>>25732959
I see 0 Teslas per year max

t. Prague fag

>>25732879
They’re opening a new factory in Texas moving out of Cali, and they’re looking to manufacture more affordable cars in the near future. That’s also part of the reason why you’re seeing a bunch of CLF shills trying to pump steel market.

>>25732890
that 1 dollar gets divided by the total supply of 1 billion you braindead mongoloid
holy shit fuck out of biz and finish elementary school you dumb nigger

>>25732847
And then
>crypto
>$1T mcap

>>25732917
I'm not saying EV isn't the future
I'm saying no ones buying teslas
do they make EV for all other car companys or something? what am i missing here

>>25732959
not really.
for eastern europe they are to expensive
for germany to slow
the nordic stats flush a lot of money in tax cuts for EV but then you still can buy cheaper korean cars.

>>25732847
no it is u who is the retarded one lmao

>>25732847
wow appealing to zoomers with hip may mays actually works ? who knew

>>25733125
I guess this board taught me well from being a total retard so I'll return the favor. All of those companies in that chart are old, tesla has first movers advantage to new tech and has a crazy, crazy amount of room to grow by comparrison. It's a household name seen as the ford of its time imagine how far it will go especially with no traditional assembly line. I don't even own stock in it, realized after the massive pump

>>25733109
it actually doesn't though retard

This thread in 2008: I barely see any iPhones around, apple is overrated.

Why do you think share prices reflect the current state of a company?

(I also think tesla is 3x overbought based on the FOMO pump, but your arguments are retarded)

>>25732847
Tesla is a hyper-focused on EV and AI. The other companies aren't and frankly are probably too big and bloated to get anything done from a decision making stand point as Tesla can and speed is king. Tesla also has a huge lead on everyone when it comes to battery tech and AI.
I don't own any TSLA but I think the company is going to keep taking market share and will dominate in the future.
Everyone else is fighting for second place except Fiat-Chrysler who is just stuffing 700 horsepower motors in everything and playing to the complete opposite end of the spectrum.

>>25732847
Fundamental investing is dead. The stock market has changed

>>25733366
Get anything done as fast*

>>25732959
I see 10-20 teslas per week.
And I'm outside like 1 hour a day.
And I live in a <5k village.

t. Swefag

>>25733389
This
People have to realize this is actually a new paradigm,... a new world order, if you will.

Mars, you idiots. He's NASA's front and NASA itself is the epitome and epicenter of this planet.

>>25732847
people buy stocks for the potential of a company

>>25733399
Just wait till retarded MP & S shut down rest of the nuclear reactors

>>25733547
so at this price, the future predicts that 50% of all cars in the world are tesla's?

>>25733325
>Apple had solid Cashflows and was profitable
>IPOD was a huge success all over the world
>Tesla hasn´t been profitable once (accounting shenanigans and government subsidies don´t count)

Yap, totally comparable

>>25733606
That or have Tesla tech (Autopilot and/or batteries)

>>25733606
it also includes an army of FSD Robo Taxis on the streets

>>25733325
this has to be the stupidest shit ive read all year

>>25733672
>>25733703
yeah, i'm pretty sure it's a bubble

It's investing the modern day Henry Ford. He even named the international jew, that's how you know he's the real Ford.

I respect Musk for what he is: A giant scammer
He has figured it out, you just need to sell and promise ideas and visions and people will follow you blindly.

>>25732847
I like in a one of the most expensive cities in the world and i've seen maybe 2 teslas in the last 12 months

>>25732847
Holy fuck. Big if true.

>>25733214
of course, who would ever actually want shares of something that will never profit..

literal chinese white label importer, ponzi scheme using buzzwords.

You know what the first cars were powered with right?
it's just a fashionable wave.

why didnt blockbuster buy netflix?
why did wework fail?
why did the dot com bubble happen?
why isnt yahoo the google of today?

tesla is yahoo, they arnt going anywhere, but theres so much money that needs to be lost to a competitor while they "blaze ahead" and set the field up.

green energy is a fucking scam thats killing the planet with stupidity and scam artists that have only cause MORE net damage..

>>25732959
Wtf no one drives them except for faggot ass Norwegians because they are gretafagging faggots. I live in Hamburg and I see 1-2 max per day.

>>25733844
If tesla is yahoo, where the fuck is google?

How hard is it to accept that Tesla found a niche and filled it nicely, while all the old-time behemoths were sucking on their collective thumbs? The tesla is a sweet-ass car. It will take 10 years for VW or Toyota to come out with something comparable.
It is absolutely realistic to believe half of all cars sold in 2026 will be teslas.

>Disclaimer: I work in automotive shit, and VW has just started integrating stuff that will go into a car that's going to be produced in 2000 fucking 27.

>>25732879
electric cars aren't selling very well despite negative real interest rates and constant media attention
they are extremely expensive, have low reliance scores and are very inconvenient
>>25733094
no
they are schilling CLF because Biden wants a $2 trillion infrastructure bill
>>25733125
EV's are not the future - they require too much resources just like solar panels and wind power
when interest rates are extremely low and everyone is pumped up on infinite QE you can finance low EROI projects but eventually these capital malinvestments fail as either the currency fails or interest rates rise to protect the currency from failure
the future is highly efficient hybrid cars, nuclear power and expanding hydroelectricity in the few places that it is still viable

>>25733958
>If tesla is yahoo, where the fuck is google?
where were they in the dot com bubble ofr yahoos peak??
is it worth 4.8b, 35b or 135b? faggots kept piling money saying "ITS THA FUCHA"

>>25733958
>? The tesla is a sweet-ass car.
Its fucking garbage. It takes ages to recharge them. The fact that you even have to recharge them sucks. You cant just fill them up with gas. You can't take a roadtrip from Norway to Southern Europe in a Tesla because there are a shit ton of countries that lack the infrastructure for electric cars. How the fuck are you gonna charge a Tesla somewhere in Bulgaria or Albania?

>>25734076
>they are extremely expensive
Yes. The TCO is comparable to ICs tho, because of the lack of maintenance needed and the relative cheapness of the "fuel".
>have low reliance scores
No.
>and are very inconvenient
Absolutely no. They are crazy fun, and recharging them is not that much of a hassle that shortie-publications make it out to be.

EVs backed by traditional power plants (like gas or even fucking coal) are the actual future economically.

>>25732917
you know most old car companies already have electric cars right?

>>25734117
but yahoo has a finance section and code design and backend dev and advertising and search engines and blah blah, theyre a real estate investor and a bank and a tech company and an IP company and in the future an energy company.
sound familier?

what is enron? did you buy skillings new stock?

>>25734146
this is the only thing it has going for it.

brainwashed coomsumers desperately trying to get rich en masse

>>25734119
>You can't take a roadtrip from Norway to Southern Europe in a Tesla
>implying this is a common use-case, and it wouldn't be used as a daily commute drive 99.5% of the time
Also why in the fuck would you go for a 1000km roadtrip when you could take a plane for half the price? Pretty retarded take.

>How the fuck are you gonna charge a Tesla somewhere in Bulgaria or Albania?
Who the fuck cares about shithole countries? You might as well have mentioned fucking Nigeria.

even if tesla will build half of all cars in future, how can it be worth more than current top 10 manufacturers who produce more than half of cars

>>25733214
so you're telling me eventually it will drop down to $20 after a good 50 years

>>25734234
>Also why in the fuck would you go for a 1000km roadtrip when you could take a plane for half the price? Pretty retarded take.
Because it's actually fun you retard. Have you ever driven through the Alps? Through Southern Europe? There is a lot to see you fucking NPC.
>Who the fuck cares about shithole countries? You might as well have mentioned fucking Nigeria.
Have you ever been to Southern Europe? It's fucking beautiful and it's actually beautiful there. Holy fucking shit you are such a narrow minded conzooming faggot.

I wonder if there are people put there who have tried to short telsa and bitcoin at the same time

>>25734263
its an "energy company" a "tech company" a "startup" a "manufacturing company" a "finance company"
>ive heard its every single kind of company except for a profitable company..

>>25734304
>Have you ever driven through the Alps?
Yes I did. I rented a car for 150 euros to do it.
>Have you ever been to Southern Europe?
Also yes. But I would never ever fucking go there in my own car, that would be retarded.

>>25733094
Care to explain what the steel industry has to do with the car one?

I don't see cars being made of steel?

>>25734351
>Yes I did. I rented a car for 150 euros to do it.
Nice larp because it's way more expensive but it makes no difference. Why didn't you rent a Tesla to do so?
>Also yes. But I would never ever fucking go there in my own car, that would be retarded.
Really? Where exactly were you?

What a fucking faggot.

>>25734146
>Yes. The TCO is comparable to ICs tho, because of the lack of maintenance needed and the relative cheapness of the "fuel".
driving from Sweden to the French Riviera in an electric car costs $1 375, same trip costs $500 using a diesel car
charging electric cars is still extremely expensive in many places since we just aren't producing enough electricity.. since we put all our money in solar panels and wind power
>"Our most expensive charge was in Denmark with a whopping 1,20 per kWh (100km for about 15 Euro)."
https://en.trivector.se/trend-tracker/10-reflections-from-my-4000km-ev-european-road-trip/
https://teknikensvarld.se/nyheter/konsument/dyr-resa-med-elbil-sa-mycket-kostar-elbils-semestern/
>No.
"Tesla’s overall poor performance in the annual study placed it second to last among the 26 ranked brands. Ford’s Lincoln brand was dead last, while the Ford brand was dragged down by struggles with its Explorer and Escape. "
https://www.forbes.com/sites/edgarsten/2020/11/19/tesla-reliability-sinks-in-consumer-reports-annual-survey/?sh=77249eeb5fbb
>They are crazy fun
most people don't buy cars because they are fun, they buy them because they need to get from point a to point b
>recharging them is not that much of a hassle that shortie-publications make it out to be
clearly you don't drive very far and especially not in a hurry, Teslas take anywhere from 6-12 hours to charge

>>25732847
tl;dr thread.
crazy dip until roadster announcements and media then pumps on every piece of solar and battery news until they stabilize. 4th phase FUD will load and after that the crystal ball is murky beyond this pending competitive action and lawsuits

>>25734411
I think the swappable battery at gas stations concept could circumvent the entire charging problem

>>25732890
if no one buys your shitcoin the price drops

the reason price goes up is demand and that means 1 billion people are willing to buy that stock

>>25732959
I see them now and then, in n>>25732959
orthern Europe.

>>25734470
you dont think that by the time you spend billions on the infrastructure for that. a better solution will be available..
swapping or on-board generation are the only quick charge options atm but i think battery swapping will cause massive liability issues and will fuck with your "ownership rights" and "right to repair" shit like this.
yet more troubles and issues for no tangible or intrinsic benefits all considered..

>>25734485
yeah, the global financial system is this simple.
nothing more to study in economics at all.
everything you need to know about capitalism in a single post.. right?

>>25734470
NIO has swappable batteries and it's been pretty successful as far as I know
>https://www.youtube.com/watch?v=0StTrsdoD3c
what would be ideal is if we had some sort of abundant, extremely high energy density liquid that we could just put in our cars in seconds and then be off... you could even fill up extra containers to get extra range.. hmm..

>>25732847
Its a ponzi. Tesla its an expensive meme.

>>25734537
if anything that's probably why it would happen HONK HONK

>>25732879
>2 Tesla a week
Just move to a high net worth area, like around Microsoft in Washington and you'll see thousands of Teslas being driven daily.

>>25734581
like water right?
kek, im on this wavelength but theres no denying a realistic transition plan needs to be made and worked to. a purely economical green plan would be ideal. fuck humanities. people will immigrate for money, same as they always have and always will.

if it was such an issue for geographic transitions how come all the people so worried about it keep buying beachfront houses in the areas supposedly most affected..

but to allow the energy companies to continue fucking us is a recipe for 2020 being groundhog day

>>25734664
it will happen.

almost garunteed, how large a scale i cant say. at least to large scale testing if not a small public roll out.

apparently throwing it in a bonfire isnt a quick enough way to get rid of money..

>>25732847
>tfw 2200% profit
I'd sell my shares at this price, but I don't feel like getting cucked by local warlord (i.e. state government) tax of 27%. I'm taking these to my grave.

>>25732847
Apples and oranges

>>25734676
random sample of Microsoft carpark.

>>25734713
but what is even the deal with the CO2 craze to begin with?
we've nearly doubled the CO2 in the atmosphere in less than 100 years and yet there haven't been any catastrophic event at all

the deadliest natural disaster during this 100 year period when we've doubled CO2 was a fucking earthquake in Haiti that killed 316,000 in 2010 and there exists no link between earthquakes and CO2

the deadliest floods all happened before we started putting out CO2
>https://en.wikipedia.org/wiki/List_of_natural_disasters_by_death_toll#cite_note-1

>>25732847
Which is growing the fastest OP?

>>25734076
>EV's are not the future
depends in the cities i can see that happening i think pure electric cars will take over the small car market and sure bigger ones will be hybrid partly for efficiency partly for extra power

just wait for it people

>>25734400
Fuck eastern europe countries, they're shit holes.
it's only good if you're rich because everything is cheap af and everyone tries to rip you off if you're a foreigner, The places aren't even that decent looking.

>T. Kosovarfag. Who traveled to Albanian,Macedonia,Serbia,Bosnia

>>25734840
its a byproduct of trying to fit math to a world view..

kinda like how our fact-checkers now are all ex-buzzfeed working for snopes.. turns out we hire the best and brightest for our most important information operations..


if you poison the info and people cite it you can print money as it turns out.

i dont mean to come off as a denialist. because im not. but for all the billions poured into finding out how badly were fucked and we still have no real clue..

yes humans have an undeniable impact, but denialists arnt saying its wrong, theyre saying it needs to be handled efficiently or it becomes a far greater issue involving much more than just agriculture and geopopulation.

a sustainible transition plan based in economic rationality is the only, or whats the point there'd be nothing left to defend?

>>25733109
Retard

>>25732847
they invest i. infrastructure while VW is investing in duping emissions tests. if you ever saw the chemtrails over your head and wondered what they meant, let me give you the quick rundown on them:

chemtrails exist to placate the plebs into believing that the fossil fuel industries are ok and still have a future. hint: it's a scam

>>25733399
lived in stockholm and theres a shit load of teslas (lived near KTH between norrmalm/ostermalm though so take that as you will)

>>25734968
every energy we currently harness is from nuclear fusion. what's new?

>>25732954
this is why i bought Ford.
>F

>>25733176
THAT IS A MAN

>>25732959
No we are not, only norweigians and tesla is not even leader there anymore now that other companies started to make better electric cars.

when to short though?

>>25733034
sounds like you live in the South city ghetto
Im from city center and while they are unusual, I would say I see 2 per month

>Tesla skyrockets as institutions use it as a store of value and retail investors FOMO in

"It's a bubble! Short Now!"

>Bitcoin skyrockets as institutions use it as a store of value and retail investors FOMO in

"To the Moon!!!!!1! 200k EOY!"

>>25732847

you dont understand the logic here.
people are buying tesla to invest in elons vision. not just vroom vroom battery cars. they're buying into the vision for taking humans to mars, global internet, and whatever else he's persuing.

once the aforementioned companies go public, expect TSLA marketshare to drop heavily, as investors cash out into each of the companies.

OOF

>>25736095
> thinking that 800 billion dollars have a moral vision motivation

>>25736284
Damn I love Elon, only he could expose stock markets for the bullshit they are. It's all speculation.

>>25736377
please tell me where people can invest in elons ventures other than tesla

>>25732959
nope, not in germany at least.