Worthless stock

[Anonymous No.18294543]

In this thread we talk about worthless companies that constantly lose money. I'll start. Imagine paying $900/share for a failed care company that is constantly losing money. How long before Tesla goes completely bankrupt.

[Anonymous No.18294550]

Bitcoin. Imagine paying $10k for a string of 1's and 0's and then see it tank 50% in price.

[Anonymous No.18294565]

>>18294550
imagine being illiterate

[Anonymous No.18294568]

Imagine buying a car because the leader of the company liked stupid space crap lmao

[Anonymous No.18294569]

>>18294543
Will tesla ever manage to make a yearly profit?

[Anonymous No.18294575]

>>18294543
Remember when Tesla hit $1,000.00 per share for a brief moment? Top fucking kek. We deserve this market correction.

>mfw I've been sitting comfy buying the dip and watching Buffett and Munger Q & As, lectures, talks, and interviews over the past month.

[Anonymous No.18294582]

>>18294565
Imagine being an incel stuck in 2012 thinking that computer code he didn't write is going to make him part of the >new elite

[Anonymous No.18294658]

Image thinking a company is valued on their share price and not their market cap

[Anonymous No.18294685]

Ian magic pee poo poo per

[Anonymous No.18294694]

>>18294685
Check out my ID
789
That’s a rare ID right there
1 in 1 Quadtrillion chance of occuring

[Anonymous No.18294705]

Most companies are still valued at 3x what they should be. 1/5 of them have so much debt they don't even deserve to exist.

[Anonymous No.18294722]

>>18294658
>Image thinking a company is valued on their share price, and not their share price multiplied buy the number of outstanding shares.

[Anonymous No.18294730]

>>18294550
Diamonds. Imagine paying thousands of dollars for shiny compressed carbon molecules

[Anonymous No.18294737]

Imagine thinking share price accurately reflects a company's finances.

[Anonymous No.18294782]

>>18294569
Their only saving grace is driving AI. They are about 5 years ahead of every company.

[Anonymous No.18294812]

>>18294543
someone like you will never own a tesla, sorry kid. I'll think of you everytime my car makes a fartnoise on a turn signal.

lmao.

[Anonymous No.18294838]

>>18294737
>P/E = $0
>Dividend =$0
>Book Value = $40
>Price = $900

WOW! Sign me up for this awsome company. Sounds amazing!

[Anonymous No.18294850]

>>18294838
AMZN's book value is 124, what's your point

[Anonymous No.18294875]

>>18294575
Serious question: does listening to those lectures actually help a normal person understand the stock market and investing or are they just autistic rambling wastes of time to the ears of the unwashed masses?

[Anonymous No.18294899]

>>18294812
Nice try with your wiccan clerovoyance.
I have 400k in the bank right now Fred. I could buy multiple Teslas if I wanted to, but why would I want to? So I could ride around in some gay ass hipster status symbol. No thanks. I have a company car with free gas. No need to waste my money on an overpriced toy for man children.

[Anonymous No.18294902]

>>18294782
George Hotz thinks self-driving cars anytime soon is bullshit. Tesla's driving AI does not give them any advantage whatsoever. The stock will drop another 80% imo

[Anonymous No.18294917]

>>18294543

>accounting illiterate
>shit talking company

Name a more iconic duo

[Anonymous No.18294939]

>>18294899
When they lay you off you can come for a ride in my comfy ass heated seats and watch me play stardew valley in the walmart parking lot before you go in for your interview

[Anonymous No.18294950]

>>18294850
Amazon is overpriced too. I sold my amazon stock two years ago. I'm glad I did. Look at that shit crab out as everyone starts to realize its hitting a ceiling. I would probably buy back in for about $1200. Does everyone really think they are going to expand by 40% for ever. Holy shit. Come on Barnie.

[Anonymous No.18294962]

>>18294950
fair enough, I agree with your sentiment. Then you think 420 blaze it is the fair price for tesla, got it.

[Anonymous No.18294999]

>>18294939

I won't get laid off. My wife and I are both in essential industries. We are recession proof. I'm not worried at all. Also, i have streams of passive income, and lots of family. And my net worth is 1.5M. Don't worry about me friend. I'll be fine. Just because I think Tesla is overpriced, that dosn't make me some kind of antifa hobo.

Speaking of Walmart. That stock is overpriced too. I would pay about $50/ share for walmart, or target. Who are they kidding with that $100/share bullshit.

[Anonymous No.18295049]

>>18294962
For Tesla, I don't even think I would pay the book value on it. Elon would just take my money to build a subway, or flame thrower, and then he would brag about how he invented something new with my money. ITS NOT A HYPERLOOP ELON! ITS A FRIGGIN SUBWAY!

[Anonymous No.18295059]

>>18294543
Another anon said Tesla is the new Yahoo. pretty good comparison
>>18294902
The real problem with self-driving cars is:
They'll have to be programed to follow the law. This sounds trivial. It isn't. If the companies program cars to break traffic laws, they'll face massive legal liabilities.
So, these cars will go the exact speed limit. They won't be able to pass on double yellows. That sort of thing. If a self driving car is driving down an empty rural road, and there's a rock in the road, it's stuck. They cannot program it to pass on the double yellow. It just has to stay there and wait. If that means waiting all night, it'll wait all night.
They're worse drivers than people because they can't improvise and gamble and cheat like people. They'll be inherently frustrating to ride in.

[Anonymous No.18295081]

>>18295049
I think if you look at other car manufacturers they are in worse states than tesla. I'm confident they have created a niche and will continue to fill it and no one will be able to chase them down for a while. I agree it is overpriced currently, like everything. I currently own no shares because they're obviously in a new territory of risk. I will rebuy if it hits 400 or less or after 2 quarters of this downturn depending on new information.


The overall market is still over priced. This bull run lasted too long for sensibility's own good.

Elon's cult of personality is a positive thing for brand image when he isn't calling people pedos while high on ambian. If starlink goes well and ipos you can't tell me you wouldn't invest in that shit. Come on, it'd be spacex but with an actual road to profitability.

[Anonymous No.18295137]

What was the reason for the insane 3 month long run up that TSLA had right before corona hit?

[Anonymous No.18295151]

>>18295137
Irrational exuberance. They literally just presented their cyber truck.

[Anonymous No.18295166]

>>18295137
i saw the cyber truck and came so hard that somewhere out in the world a nun started crying. i turned off rick and morty and ran upstairs and asked my wife the password for my laptop. she wouldnt tell it to me but she unlocked my laptop for me. i logged into my laptop and cashed out my 401k. i am an engineer. i asked my wife for the password to my fidelity account and she would not tell me but she unlocked it for me. i cashed out my fidelity too. i bought all tesla stock. i talked to the boys at work and they did the same.

[Anonymous No.18295266]

>>18294543
Any company that's not a dividend aristocrat or not aspiring to become one

[Anonymous No.18295282]

>>18294568
Lmao

[Anonymous No.18295295]

Tesla won't go bankrupt, the'll be bailed out probably. Murricah can't allow to lose its edge in the electric/self-driving car industry which is 'the future'.
The USA will change it's economy system to a de facto state capitalism in this depression.

[Anonymous No.18295333]

>>18295137
A serious answer: Tesla is going to win autonomy, and have fully self driving robot taxis in every major city. If you buy a Tesla it will make money for you while you sleep. A robot worker that makes money for you. For the first time in history a car will be an asset which makes money. The market slowly started to realise this monumental revolution, and just how much value Tesla is going to make for the world. Of course it is not fully priced in at $1000 per share: Tesla is not just going to eat Toyota, Mercedes, Ford etc, it is also going to eat Uber and Lyft for dessert, and then go on to create 10x more value that ever exisited in this world after dinner. Few people can wrap their head around this idea, let alone risk their money on it.
But as the evidence becomes overwhelming, the zeitgeist will begin to shift, and only robot owner will be making money.
The FOMO is going to be like squealing pigs running from a tiger.
TSLA $22000 EOY2022.

[Anonymous No.18295347]

>>18294543
Imagine being stupid enough to buy the top of Tesla when it was unanimously agreed that it was overvalued at even $300 per share

[Anonymous No.18295374]

>>18295333
ill have a shitty robot car that gets vandalized by vagrants as it slowly putters around manhattan, competing with ten thousand other automated cars for less than the tesla costs in maintenance. every few days a teen will shit in my car for one. then one morning ill get sued because someone deliberately ran in front of it as a prank

[Anonymous No.18295402]

>>18295049
Hey, at least subways are real and don't kill everyone instantly if anything goes wrong.

[Anonymous No.18295524]

>>18295374
Tesla's don't break down, they have far fewer moving parts than a dead dinosaur-fuel mobile, and so maintenance costs are near zero.
Furthermore, they are bristling with 8 security cameras. However Uber deals with vandalism, Tesla will also deal with it.
Poor people should not attack the sewing machines which made their jobs obsolete, nor should they attack the tractors which freed them from hunching over and slaving in the fields all day. They should either start using technology themselves (if they are smart enough to) or they should ask their betters how they can service them in new ways. Maybe dressing up as maids and doing the cleaning, till the cleaning bots are developed. One thing is for sure, only robot owners are going to do well in the future. The age of labour is almost over.

[Anonymous No.18295572]

>>18295524
youve sold me anon. im filling for power of attorney over my mother so i can sell her house to buy tesla

[Anonymous No.18295609]

>>18295524
>The age of labour is almost over.
As someone that works in process engineering for a reasonably well known hardware company...doubtful.
Some days I can barely get my technicians to do the right thing and it would be a goddamn christmas miracle if all the tools and robots were all working flawlessly. We basically exist in a constant state of preventative maintenance and oh-shit-it-broke-anyways maintenance along with line reconfigurations for new process nodes. We will need us meatbags for a while longer yet.

[Anonymous No.18295645]

I have bought Ford, Boeing, Planet Fitness, Tractor Supply and Chevron stock since the Economy collapsed. What are your thoughts on my picks? What are you all buying to hold long term? I was thinking about Disney but I find them morally reprehensible so I can’t bring myself to do it,

[Anonymous No.18295658]

>>18295609
Plus every single factory I have ever been in processes were automated Not to eliminate jobs but to make workers more productive or to standardize work.

[Anonymous No.18295672]

>>18295524
Imagine being this delusional.

Your grandchildrens grandchildren will be dead in the ground before post labor society is realized.

[Anonymous No.18295678]

>>18295645
You dont like disney but you bought Boeing?

Boeing asking for a handout like corona is the reason theyre fucked is a joke.

Sell it and buy delta.

[Anonymous No.18295696]

>>18294543
It was a FOMO parabola. Just like Luckin will rise again, this will fall.

UND main net isn't priced in yet. Buy Unification.

[Anonymous No.18295728]

>>18295678
Buying Delta is actually a really good idea. Any other suggestions?

As far as Boeing goes I figure the Government will never allow the company to go out of business and I don’t appreciate the propaganda Disney pushes on Society (Especially Children)

[Anonymous No.18295766]

>>18295658
Pretty much. There's obviously always more progress to be made, but a lot of the "low hanging fruit" has been metaphorically plucked. Jobs like lab analysis (SEM, FTIR, XPS, etc...) would be very difficult to automate because it's usually one-off weird edge cases. Jobs like, "wash these carriers with ultra-pure water" or "run the vapor deposition until X amount of Y is deposited" are already automated with automated loaders/unloader handlers for the parts. It's a similar story to me (semiconductors) for lots of other commodity products (TSMC, Intel, Samsung, GloFlo, Coca-cola, Pepsi, Campbell's Soup, P&G, J&J, General Mills, InBev, Tesla) that the bulk of "human" work is already either maintaining the lines or watching process control charts until something goes wrong in a way that the line can't automatically recover from. Then we plow hours into automating that and wait for the next excursion.

The most manual factories are usually high-complexity low-volume products like Airbus and Boeing where it's sometimes cheaper to just build tool jigs and pay people to build the 1k-2k objects. Anything with volumes measured in >1M+ already has a huge incentive to automate because, exactly like you said, humans just can't keep up.

[Anonymous No.18295779]

>>18295728
Going through bankruptcy isnt a bad thing, the people who run boeing rn deserve to be fired, its not like the good things boeing has will just disappear after they restructure.

Bitching about it now doesnt really matter tho, those scumbags got their money.

[Anonymous No.18295784]

>>18295766
One other comment: In the fab there are some people that literally do just get paid to stare at a screen for 8-12 hours because the tools are not so efficient that it's literally more expensive to idle a tool for 5 minutes than it is to pay the annual salary of a PhD to babysit the tool to make sure it never idles more than 60-90 seconds. So...the jobs that exist are sometimes bullshit, but from the company's point of view there's still an economic justification for them even as efficiency increases.

[Anonymous No.18295790]

>>18294582
seethe, boomer

[Anonymous No.18295793]

>>18294543
mate tesla make cars. if you're expecting them to look after your grandma then no they are not going to make money from that

[Anonymous No.18295813]

>>18294838
Redpill us on book value sir

[Anonymous No.18296010]

>>18294875
waste if time. Why would they tell the masses what their secret to success is? they'll tell lies sprinkles with bits of truth to give them plausible deniability. remember, if you're in the market then you're theír opponent. Who the fuck takes advice from their opponents?

[Anonymous No.18296058]

>>18294875

To make money you have to have some understanding of how all actors react and why they do.

So yes it is autistic rambling but also helpful.

[Anonymous No.18296248]

>>18294543
SPCE takes the worthless overpriced company cake. TSLA is actually quite a distant second.

[Anonymous No.18296268]

>>18294658
Anon are you fucking brain damaged

[Anonymous No.18296316]

>>18295645
I bought Volkswagen and British Petrol. I'm also thinking about buying EA stock. All those people having to sit at home with no job but $1200 Trump bux. I bet at least some of them are going to blow their money on lootboxes in online games.

[Anonymous No.18296818]

>>18295137
They're automating their factories and are really good at cost reduction. That's about it.
Shanghai Gigafactory going up so fast hyped up investors. While the AI and electric parts of the Tesla cars are neat, the real money maker is their branding and how fast and cheap they can produce these vehicles.
SpaceX gave investors a glimpse of how very real the possibility is of Tesla doing the impossible of getting cheap mass produced ass electric cars out in a quicker than expected fashion.

[Anonymous No.18296863]

Seeing as the UK and many others have banned the sale of petrol and diesel vehicles by 2035, it's not a bad long term hold for saying it is by far the best electric car in terms of performance, branding and the amount of scale and development they are working on. But yeah it is overhyped

[Anonymous No.18297021]

>>18294543
$DRI and $COF for starters. They are basically insolvent. People just don't realize it yet. $CAKE as well.

[Anonymous No.18297054]

>>18295790
>>18294565
Typical delusional neet kek

[Anonymous No.18297061]

>>18295166
Topkek

[Anonymous No.18297082]

>>18294550
Gold. Imagine paying 1600$ for a rock.

[Anonymous No.18297090]

>>18295166
Kek

[Anonymous No.18297480]

bro im literally swagging so hard on this nigger musk right na

fuck you muskito, get fucking swatted

[Anonymous No.18297521]

>>18295333
cope

[Anonymous No.18297522]

>>18294730
Women. Imagine catering to the every whim of the only drug dealer you know to get a fix.

[Anonymous No.18297533]

>>18297480
wow listening to nigger music, sucking nigger dick and typing. you should start a circus!

[Anonymous No.18297629]

>>18296863
What do you think is going to happen to a company like BP when they basically get told to sod off in the name of "green energy"

[Anonymous No.18297654]

>>18294730
>compressed carbon molecules

[Anonymous No.18297690]

>>18294543

Imagine paying 33x earnings for a fuck8ng car manufacturer when you can by Ford for like 4x earnings and the company sells millions of vehicles.

[Anonymous No.18297702]

>>18294737

Correct. If Tesla were to be valued correctly, the stock would be worth around $9.

[Anonymous No.18297730]

>>18294875
It doesn't help. They're dead wrong half the time. Sometimes I wonder if they do it purposely for their own self interest. The best way imo to decide on stocks is do industry research and learn what to look for on financial statements. I.e if a company is absolutely pissing away profits but growing in equity is one example of a stock that is still worth considerinh

[Anonymous No.18297864]

>muh global warming too serious an outcome, I won't risk it
>lets an NPC drive him in a real world death cage so he can send emojis to his long distance lover
they automated the wrong thing.

[Anonymous No.18297918]

>>18295166
The sad thing is that this is unironically their demographic. One of my friends is obsessed with how “cool” Elon Musk is and he sounds exactly like that text

[Anonymous No.18297927]

>>18295645
Risky

[It's just a flu No.18297958]

>>18294543
who in their right minds would invest in the auto industry in 2019. the whole industry gets shittier every year

[Anonymous No.18298410]

>>18295059
You fucking teenager what are you doing here. Even on DMV handouts it says clearly you can pass the double yellow on a rural driveway. And the original picture I remember was a slow farm vehicle instead of a rock.
Try to pass your writing exam or else your mom will be disappointed, kid

[Anonymous No.18298530]

>>18294543
Imagine not understanding that governments are banning the production of diesel and petrol cars from 2030 onward and that Tesla is the only one poised to have the infrastructure required to meet future demand and capitalize the most from economies of scale.

[Anonymous No.18298727]

>>18298530
Laughs in Ni Hao. You are forgetting China's NIO is basically Tesla light and when they perfect their electrical vehicles by stealing tesla engineering tesla is going to be left to hang.

[Anonymous No.18298731]

Here are the problems with TSLA:

1) Majority of U.S (world in general) can't afford a Tesla, thus capping growth.
2) Those that can live in large cities where a car is useless (NY, SF, etc).
3) Many don't live near the Tesla infrastructure.
4) Tesla's aren't that powerful.

They are valued so high because;
1) Normie hype (Extremely bearish signal)
2) Tech bros
3) They are a tech company that happens to make cars; not a car company that improves tech.

The tech sector is known to be over valued.

[Anonymous No.18298747]

Here are the problems with TSLA:

1) Majority of U.S (world in general) can't afford a Tesla, thus capping growth.
2) Those that can live in large cities where a car is useless (NY, SF, etc).
3) Many don't live near the Tesla infrastructure.
4) Tesla's aren't that powerful.

They are valued so high because;
1) Normie hype (Extremely bearish signal)
2) Tech bros
3) They are a tech company that happens to make cars; not a car company that improves tech.

The tech sector is known to be overvalued. Heck, the whole market is still overvalued.

[Anonymous No.18298753]

>>18294730
>buying a diamond
Lol fag

[Anonymous No.18298997]

>>18295524
I’m likely what you’re going with here. What other companies can I invest in that will give me a robot to go out and make money for me?

[Anonymous No.18299051]

>>18294550
Imagine if you got in under a rack like most of us

[Anonymous No.18299096]

>>18298747
Tesla cars are the same price if not cheaper. 2020 Ford Explorer I looked at was 45k lol also Tesla has better handling and acceleration than ICE cars simply bc it doesn’t have to switch gears. Everything you said was false.

[Anonymous No.18299112]

>>18295137
Musk wanted to get paid. He doesn't take a salary from Tesla but gets paid upon certain company market caps. He manipulated the stock price with his rich friends and he got paid I think 100 million.

[Anonymous No.18299113]

>>18298727
You are forgetting brand appeal also has something to do with purchasing decisions otherwise we'd all be driving dongfengs right now.

[Anonymous No.18299159]

>>18299096
>Tesla cars are the same price if not cheaper
Go to any car lot and many new cars will still be under 30k. Here is the lowest new car by Tesla.
>better handling and acceleration than ICE cars simply bc it doesn’t have to switch gears
You obviously don't know anything about cars.

[Anonymous No.18299160]

>>18294543
Electric cars are a meme and will never be relevant without heavy government intervention, H2 powered cars on the other hand is the smart investment.

[Anonymous No.18299371]

>>18297690
youre stupid you must be a paddie or some type of niggerfaggot... tesla is the future ford aint launching rockets with anime boi pucci on the side of it , ford isnt making star trains , go back to detrioit and get stabbed monkey

[Anonymous No.18299404]

>>18299159
youre not counting in the rebates you fucking donkey

[Anonymous No.18299430]

>>18294543
I'm a professional working in a major tech city, everyone I know either wants or has a tesla

$1500 2022

[Anonymous No.18300393]

>>18299159
Do you ride a bike and take the bus? New cars are all in the same price range and they only have cruise control and Bluetooth. Look, unfortunately you are being up the most retarded points. If you want to convince people Tesla will fail you should take the electric charging infrastructure stance. If you compare the a Tesla vs ICE it’s not even close; performance, price, comfort, smart

[Anonymous No.18300901]

>>18298747
The biggest issue with Tesla stock is that it prices the company so highly that, even if the company doesn't eventually go bankrupt, the profits will not be high enough to justify the company's valution. For example, Tesla nearly hit $100B in valuation. If the company can manage $1B in profit, you're looking at a P/E of 100; at $10B profit, it's a P/E of 10 which would be pretty good.

What does it take to hit $10B of profit? Well, it would take $10,000 of *gross* profit on sales of 1,000,000 cars to hit that level. I'm not aware of any company that can make $10,000 profit on a car that is generally affordable. Meaning, the Model S and Model X might eventually make that kind of profit but Tesla isn't going to sell 1,000,000 Model S and X cars per year. We also have to remember that those sales must be *sustained* for years to justify the valuation.

Toyota sells about 10.6M cars per year and has a market cap of $187B with a P/E ratio of 7.2. This implies that on average, Toyota makes ~$2,500 in net profit per car sold. If we assume Tesla can make $5,000 profit per car due to the less complicated electric engine versus an ICE or diesel engine, we're still looking at 2,000,000 cars to hit $10B in profit. If we give Tesla a 20 P/E ratio to account for "growth," they would only need to sell 1,000,000 cars at a $5B net profit to justify their $100B market cap.

The stock is down about 50% from its all-time highs so you could say they only need 500,000 car sales at $5,000 profit/car to justify its current market cap. Play with the numbers however you want. The company will have to sell cars close to the rate of the major players (Toyota, Ford, Honda, GM, VW) at a per vehicle profit those companies can only dream of, and carry a P/E ratio over double (nearly triple) to justify its stock prices. A very large number of things have to go perfectly for the stock to make any sense.

[Anonymous No.18301409]

>>18300901
You assume that people value stocks like Tesla like a reasonable investment with dividends and voting rights. Tesla is a hot potato, that gets hotter and hotter, until someone has to drop it.

Aka ponzi.
A ponzi that sells some overpriced cars with unbearable gap sizes, that can drive on their own.

[Anonymous No.18301621]

>>18301409
Yes, I agree with you. It is a Greater Fool investment vehicle. I'm just arguing a point that Tesla doesn't go bankrupt but still cannot justify its stock price.

I have not even brought into the discussion of the massive amount of debt Tesla has, its future funding needs (due to its continued capital incineration) which may result in highly dilutive issuances of more equity, and the risks the company faces if the central banks lose control of the bond markets (get ready for 10+% junk bonds).

[Anonymous No.18301758]

>>18294950
Your a fucking dumbass
>>18294962
So are you

Amazon is one of the few companies that can actually operate while being considered an essential service.

Not only that, but it’s price has gone up 33% since April 2018, 2 years ago so you lost money you dumb faggot

[Anonymous No.18301808]

>>18294950
AMZN is perfectly fine.
I doubt they will ever go below 1700 again. They are set to profit wildly from the crisis. Streaming, Web services, carrying all that shit that people buy online right now. As long as they do not kill their workers.or Bezos dies.. they'll be fine. Some years from now they will be probably be warehousing and transporting everything for the largest retailers. Their investments seem to indicate that that is what they want to do.

[Anonymous No.18301908]

>>18301808
You remember the small shack called "Standard Oil"?

If one competitors sets out to erradicater any competitor or dominate the whole economy in its sector, it might suffer the same consequences for obvious reasons.

[Anonymous No.18301963]

>>18294899
>keeping more than $250k in the bank
Yikes

[Anonymous No.18301973]

>>18301908
>My Standard Oil reference from 1911 has bearing
Maybe. Probably not tho. Being very good at what you do is not a crime. Worst case your stock would be split into 4.Excellent video streaming company: The largest web services company. The most efficient logistics and warehousing company, and one supercharged online "bookstore".

[Anonymous No.18302029]

>>18295813
Means nothing. Stock is worth what the market dictates.

[Anonymous No.18302066]

>>18302029
Price is what you pay in the short term; value is what you get in the long term. Unless you're a reasonably skilled trader, overpaying for stocks is going to be bad for your long term IRR.

[Anonymous No.18302331]

>>18301973
>Being very good at what you do is not a crime.
It is not about how good one is at something but what they make out of it. Standard oil was very good at what they did, obviously.

[Anonymous No.18302393]

>>18299430
Congrats, you live and work in an insulated bubble of reddit techbro faggots. The average American does not give a fuck about this meme car.

[Anonymous No.18302489]

>>18302393
I live in a fairly rural area , and I've actually seen quite a few Teslas. I see like one or two everyday, and I barely drive anywhere except to my job which is five minutes from my house. They've definitely caught on with more than just the hipster crowd.

Still wouldn't buy the stock though.

[Anonymous No.18302688]

>>18300901
Thanks for the explanation, was helpful for me to be sensibilized about Tesla stock valuations.

[Anonymous No.18302823]

imagine paying $50/share and if it be worth $900/share

[Anonymous No.18302853]

>>18302029
Yeah but you cant invest long term with that way of thinking. Im sure Tesla retards went all in after the Elon Musk cameo on Rick and Morty

[Anonymous No.18303777]

>>18302823
I bought TSLA at 80 and sold at 112.

[Anonymous No.18303827]

>>18303777
Why didn’t you sell at 500 600 700 800 or 900?

[Anonymous No.18303897]

>>18303777
Good on you for getting out in the money at least

[Anonymous No.18303981]

>>18294694
Fuck off, some anon got IJewU as his ID. Beat that, faggot.

[Anonymous No.18304009]

>>18302393
The only real barrier is lack of availability of charging stations. Once those become ubiquitous, EVs are going to take over the market.

[Anonymous No.18304044]

>>18304009
Even if that were true, there is no guarantee that Tesla would be the winner or even a winner. The company has a problem with being able to control costs to manufacture cars profitably.

[Anonymous No.18304167]

>>18304044
Tesla leads in tech. All they have to do now is figure out how to bring costs down. The more ubiquitous the tech becomes, the more prices naturally fall. I think Tesla's going to come out on top 20-30 years from now. If you've been paying attention to the multiple psy ops designed to kill the company the establishment has been carrying out the past decade or so, I think those in power feel the same way.

[Anonymous No.18304234]

>>18294543

[Anonymous No.18304468]

lmao pence couldn't remember

[Anonymous No.18304504]

>>18294543
That's actually a good buy in price. Are you salty you didn't make any money in the bubble?

[Anonymous No.18304580]

What everyone in this thread fails to understand is that a stock price doesn't reflect the profits of a company but the expected future profits of said company.

[Anonymous No.18304592]

>>18295166
Brought the lulz.

[Anonymous No.18304623]

>>18301808
Good image from a good artist, also a good show
AMZN declared a monopoly in 2022