Elon Musk #2

[idahopotato]

You shoulda bought TSLA. You would be up 600%.
But well done anyways.

Trick with TSLA was knowing when to sell it (April) and what to but with all the profit.

 

[4wd]

Dang! I want somma that paper route money!

Full disclosure; I had 2 paper routes for awhile. One early morning and one afternoon.
Life was miserable but I made over $60 per month!

HaHa … when I was a kid was always 2nd in paper sales out of a bunch of kids … I feel better since number 1 is now a bank CEO …

 

[idahopotato]

People in bot mode, MuskFord in god mode, no AI in sight and crisis theory to follow

We are sitting on the edge of our seats eating potato chips and sipping diet coke, waiting for your latest crisis theory. Come on, spit it out...

 

[blingo]

It's a fine line with the spitting, but never torn in your system ;-)
Long mentioned e.g. that it's not only pyramid chalk in the curves now, but cap. from the last and the current crisis. Just to just not name a few...

 

[JeffKeryk]

Many investment specialists call TSLA a pyramid scheme. Billionaire investors getting richer by getting more and more common people to invest in the stock. That is what makes the stock go up. More people buy the stock it goes up, people sell the stock it goes down. Simple as that for all stocks. Tesla has always built cars from available off the shelf parts, to whatever price point the bean counters tell them. No real design or engineering departments, except to make stylish bodywork. Where are the electric big rig tractors they said they were gonna build? They started out inflating battery mileage dramatically. Promises, promises. When Ford comes out with the ground up designed all electric (2021) Mustang, and the completely re-designed all electric F150 and Transit line options in 2022 TSLA days are numbered. I guess they could still stay in business if they get their act together and start making something halfway decent.

Please show me a reputable analyst that called TSLA a pyramid scheme.
Name me a current Tesla car made of off the shelf parts.
Please show me where Tesla inflated mile range.

Where are you getting your information?

 

[SlavaB]

Many investment specialists call TSLA a pyramid scheme. Billionaire investors getting richer by getting more and more common people to invest in the stock. That is what makes the stock go up. More people buy the stock it goes up, people sell the stock it goes down. Simple as that for all stocks. Tesla has always built cars from available off the shelf parts, to whatever price point the bean counters tell them. No real design or engineering departments, except to make stylish bodywork. Where are the electric big rig tractors they said they were gonna build? They started out inflating battery mileage dramatically. Promises, promises. When Ford comes out with the ground up designed all electric (2021) Mustang, and the completely re-designed all electric F150 and Transit line options in 2022 TSLA days are numbered. I guess they could still stay in business if they get their act together and start making something halfway decent.

Any links where it’s being called a pyramid? It’s all in people’s head. “Many investors” is a stretch and has no credibility. Warren Buffet started buying Tesla, that’s a bigger sign.

 

[JeffKeryk]

Any links where it’s being called a pyramid? It’s all in people’s head. “Many investors” is a stretch and has no credibility. Warren Buffet started buying Tesla, that’s a bigger sign.

Not to mention the S&P 500.

There were nay sayer analysts that called TSLA a Ponzi Scheme when the stock was running up and there no profits. And there were the short sellers...
That was a long timne ago...
Those analysts were proved wrong and the shorts got killed.

 

[idahopotato]

People have a preconceived notion that all ponzi schemes fail immediately, or something. Some succeed for quite a while. While the actual car assembly company is what it is, one must be able to differentiate the publically offered stock, TSLA, which is a ponzi scheme. In this case, when the stock fails the car put together from off the shelf parts company will fail. To address an earlier question of which model they well overstated battery life, that would be the first model they offered. So much kickback from buyers that they offered additional batteries.

 

[2strokeNorthstar]

I like Tesla’s. In traffic you can cut them off and force into their lane because the technology won’t let them crash into you.

 

[4wd]

I like Tesla’s. In traffic you can cut them off and force into their lane because the technology won’t let them crash into you.

 

[idahopotato]

I like Tesla’s. In traffic you can cut them off and force into their lane because the technology won’t let them crash into you.

That is if they got the gizmo turned on.

 

[JeffKeryk]

I like Tesla’s. In traffic you can cut them off and force into their lane because the technology won’t let them crash into you.

Wait till the driverless Semis come out... Gonna be bat crap crazy out there!

 

[SeaJay]

Doesn't matter if it is a Ponzi scheme that gets exposed, or a legit company with a bad business model that goes belly up with you holding stock. In both situations you lose your shirt. Time will tell.

 

[UncleDave]

Doesn't matter if it is a Ponzi scheme that gets exposed, or a legit company with a bad business model that goes belly up with you holding stock. In both situations you lose your shirt. Time will tell.

Like what happened with my GM stock.

 

[02zx9r rev2]

People have a preconceived notion that all ponzi schemes fail immediately, or something. Some succeed for quite a while. While the actual car assembly company is what it is, one must be able to differentiate the publically offered stock, TSLA, which is a ponzi scheme. In this case, when the stock fails the car put together from off the shelf parts company will fail. To address an earlier question of which model they well overstated battery life, that would be the first model they offered. So much kickback from buyers that they offered additional batteries.

Bernie Madoff as example

 

[DwightFrye]

Ford and GM's EV's will undoubtedly be poorly designed and executed kludges using as many of their 20th century components and manufacturing methods as possible. They simply don't have the capital to invest in a ground up EV design that will be competitive with Tesla. When your stock value is only $9 for Ford, or even almost 5X that for GM and you are going to continue to manufacture your current ICE line for many more years, support your dealer network and have unsustainable and unfunded pension liabilities bleeding the companies dry, how are you going to fund the R&D and new assembly lines to build truly competitive EV's ?

When I retired from Tesla in May of 2019 the stock was just over $40, corrected for the 5/1 split. I expect it to be over $600 today or in the coming days. Like Mr. Keryk, I won't divulge my holdings but my retirement has gone from comfortable to very comfortable thanks to wacky weirdo on the autism spectrum Elon Musk.

And I will remind some of you that in the next couple of years Tesla will also have a huge income stream from selling their batteries to other makers, licensing their software, their solar and powerwall business and robotaxi business. Lyft and Uber may very well lay off a good percentage of their drivers and make fleet purchases of Tesla FSD taxis.

TSLA is like Enron or a pyramid company ? I'll tell you what. If you have $600 buy one share of TSLA today.
A year from now you'll either have lost a fairly inconsequential amount of money, or be kicking yourself for not have buying 100 shares.

 

[JeffKeryk]

Doesn't matter if it is a Ponzi scheme that gets exposed, or a legit company with a bad business model that goes belly up with you holding stock. In both situations you lose your shirt. Time will tell.

Do you have evidence of a bad business model or a Ponzi scheme?
As a shareholder and as a student of high tech business, I would like to know.
In fact so would the S&P administrators and the index funds that will need to include TSLA in their offerings.
The S&P inclusion is expected to generate $100B in trades...

Thanks in advance.

 

[blingo]

What you're betting on (with your affirmed ringtone&tech bubble 2.0 blowing up "TSLA" beyond the mentioned 1000$ or whatever expectations are right now) of course is people joining and leaving later and paying for it all. Why else "kick" oneself if not for not being further up a pyramid? You're not exactly pretending to be dealing with the certificates, neither you're pretending to consider your activism and else an investment or to ever bequest shares ;-) The sooner it'll be accomplished, the more fun actually it will have been.

 

[idahopotato]

Wait till the driverless Semis come out... Gonna be bat crap crazy out there.

It will cause paralysis of the roads. Riots in the streets, and all that jazz.

Do you have evidence of a bad business model or a Ponzi scheme?
As a shareholder and as a student of high tech business, I would like to know.
In fact so would the S&P administrators and the index funds that will need to include TSLA in their offerings.
The S&P inclusion is expected to generate $100B in trades...

Thanks in advance.

if you looking for 'proof' you will never succeed in business or anything else

 

[97prizm]

If it weren't for the cult like status Tesla would be gone by now. I can't stant Musks arrogance and false promises. That guy makes my skin crawl. They were 6 weeks from bankruptcy a couple of years ago. Bummer it didn't happen.