Elon Cleaning House

Green with envy..

 

Not to mention that right-wingers seem to have a real animosity towards EVs.

 

Well that might change some now that they think they can own the libs by buying one of Elon Musk's cars. But still, Tesla does not make cars that appeal to RWs -- huge gas guzzling trucks. And the Cybertruck looks like something Homer Simpson would design.

 

The wife and I have referred to it as “The Homer” since the first images were published

 

How do car companies make money?

 

I’m sure shareholders and investors in TSLA don’t know the answer.

 

Oh, you don't know? Yay, you get to be one of today's lucky 10,000

Car companies make money by selling cars.

 

By selling cars for more money than it costs them to produce them. Tesla actually has a pretty good mark up level much better than any other car company. Demand still exceeds supply. That may change towards the end of next year.

 

Normally, with such a huge drop in the stock of a profitable company, it might be a good buying opportunity. But I certainly would not be buying TSLA stock right now.

 

Or libbies have overvalued the company
Their P/E ratio is emblamatic of a major growth disruptor. They are neither at this point

Yes, drastically overvalued.

 

The incessant predictions of demise just illuminate your jealously more and more with each successive post.

 

I am honestly considering investing.

 

51 P/E ratio, reliability rankings, and so many other established manufacturers moving into the sector keeps me on the sidelines

 

A forward PE of 33 is really not that crazy, definitely expensive, but nothing like it was a year ago.

 

There were a number of analyst upgrades this week due to valuation finally coming down to a reasonable level.

 

And emissions credits, in this instance

 

You miss a lot, all the time, so I’ll spell it out. If your DL was on your phone and you didn’t need a key fab then ALL you’d need is your phone (no wallet or keys). Credit cards are already on there with Apple Pay.

I have the 13 Pro Max, it’s superb but I’d upgrade to get rid of my wallet and keys.

 

Get a phwalet. I've been using various card-holder phone cases for easily a decade now.

 

Yeah, I got all that. Those are really not impressive features for a next generation phone. Apple has benefited from Android’s futility and is ripe for competition.