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TSLA stock buy or stay away?

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The average % of owners who have had issues with their Tesla's is 44%, Honda is at 15%, most mfgs are around ~20%. People love their Tesla because it's a status symbol atm. Once it doesn't have that status, and the EV market is actually competitive I think that their market share will tumble.

Consumer reports ranks Tesla 23rd.

It doesn't really matter how Consumer Reports ranks Tesla, what matters is how the owners rank Tesla, which is VERY high.

And thinking the hundreds of thousands of folks buying Teslas every year are somehow confused or too dumb to know that they really shouldn't like their car sounds like all the Android guys who are probably still saying that people only buy iPhones because they are too dumb to realize how bad they are, and any day now, Apple's market share and valuation will plummet. I think they've been saying that for about 15 years now.

So far not many people have made money betting against the admittedly eccentric Mr. Musk.
 
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I don't think anyone on this forum is the market for that company. Im just pointing them out because to show that the EV market in the US is going to explode in the next 5 years and the main driver is going to be affordable cars in the 30-40k range (which is Vinfasts plan).

I wouldn't include GM, Ford, or VW in a conversation about .com bubbles. I'm sure they are fine. The smaller companies might come and go though. We have to keep in mind a lot of these new EV companies are tech/VC companies making EVs. They are not car companies making EVs. They are doing an ok job in general, but established car mfgs will have a leg up in quality, reliability and cost once they really get rolling in the EV market.

The wait time is partly Tesla capacity issues, line efficiency issues, and partly market issues. But they are slower to market than most of their EV competitors. Most Audi e-tron models are 4-5 months to delivery. This is because they have built in efficiencies in their factories, delivery lines, and supply lines.

Anyway, my overall point is that Tesla has had the EV market cornered with little to no competition but overall their cars aren't built as well as the major mfgs. Once those mfgs start turning out EVs (especially less expensive ones in the 30k range) Tesla's market share is going to tank. Enjoy the high stock while it lasts.


The topic is investment, not car, and I try to say Tesla company is making the money more than Ford and GM. At this time Tesla is making a killing with profit while other companies aren't. I am not sure how Vinfast, Vietnamese carmaker, would make an affordable at $30-40K range cars to make profit. The main component of the EV is battery and it is the most expensive one. The price of lithium over the past ten years has risen from $4,450/tonne to $78,032/tonne.

GM bankrupted twice and asked taxpayers to bail them out. Most of top graduated engineers want to work for Tesla and the dumb ones or the left over ones might work for GM, Ford or other companies, LOL. By the time other companies catch up, Tesla has already come out some new technologies, who knows. However, Mr. Musk is already talking about AI (Artificial Intelligence) and he stated it will be worth more than making cars.
 
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Sorry, been dealing with NTEP, NISA, and AREMA all day, my acronyms got all mixed up. NHTSA National Highway Traffic Safety Admin. They make the rules and regs about what safety requirements your car has to meet, how high the beltline is etc. The Cybertruck is an exoskeleton vehicle made of stainless steel meaning that the chassis support is built into the body panels of the car. This potentially could influence it's ability to pass the NHTSA crash test requirements and it's been speculated that the only way to really do that is to have it listed as a heavy duty vehicle which doesn't have to meet the same requirements of passenger vehicles.

Mainly, based on the design it could have a hard time pasing NHTSA and IIHS (which isn't gvt but tests all cars) if the vehicle is too rigid.

It also seems like a lot of other 'back of the napkin' Musk ideas which are fun in theory but likely won't ever become reality.

The average % of owners who have had issues with their Tesla's is 44%, Honda is at 15%, most mfgs are around ~20%. People love their Tesla because it's a status symbol atm. Once it doesn't have that status, and the EV market is actually competitive I think that their market share will tumble.

Consumer reports ranks Tesla 23rd.

https://www.forbes.com/wheels/news/consumer-reports-car-rankings/


I don't know any about NHTSA rules and regulations. But I will tell you that Tesla has invested Casting Machines for Cybertruck. It would not be very wise for Mr. Musk to spend several millions for each Casting Machine if it is not approved by NHTSA.

The 1st half of the year Tesla stocks was beaten due to COVID shut down in Shanghai and Twitter purchase saga, the lowest price was $620 in June. By October, the lawsuit between Mr. Musk and Twitter will be settled.

I expect the 2nd half of the year will go up. There are catalysts that will drive the stock up......1. Stock split. 2. EV credit.... under the new "BBB" bill if it is passed. 3. S&P upgrade debts. 4. FSB Beta release Q4. As of today the price is $891, and the announcement of stock split 3:1 this week. There is pros and cons after the stock split....the stock options will be cheaper so investors will most likely short the stocks. It will be volatile! Put your seat belt on, it will be a wild ride.

https://www.youtube.com/watch?v=03txl_3RLP0

https://www.youtube.com/watch?v=_c6g_E12oug
 
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The tesla bears have been claiming that the competition will crush it all the way up to over 1000$ lol...In technology the first mover advantage is strong...
 
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The wait time is partly Tesla capacity issues, line efficiency issues, and partly market issues. But they are slower to market than most of their EV competitors. Most Audi e-tron models are 4-5 months to delivery. This is because they have built in efficiencies in their factories, delivery lines, and supply lines.

The backlogs of Tesla maybe 10x than Audi e-tron models, if you compare Tesla and Audi e-tron . Shanghai Gigafactory produces 21,000 EVs per week ALONE, not including other Gigafactories but they try to pump out more EVs on the newly built Gigafactories like Berlin and Texas at the end of the year. And it still is not fast enough to delivery to the customers.

Those have reserved for Cybertrucks around the world was over 1 millions, Tesla announced that they will refund the money for those who live in Europe and Australia because of the backlogs.
 
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This might be Heresy, but I am about to Sell my 1992 (Original 1st owner) NSX... and put the money into TSLA stock. I am just having more driving enjoyment from my 2018 Tesla Model S than my 1992 NSX. It's faster, too.
It goes onto BringATrailer.com next week ?!?!?!
Yes, mixed emotions about selling my NSX....

-- Michael
 

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This might be Heresy, but I am about to Sell my 1992 (Original 1st owner) NSX... and put the money into TSLA stock. I am just having more driving enjoyment from my 2018 Tesla Model S than my 1992 NSX. It's faster, too.
It goes onto BringATrailer.com next week ?!?!?!
Yes, mixed emotions about selling my NSX....

-- Michael
It'l be interesting to see which is the better investment in 5 Years. I'm hedging my bets by owning my 94 NSX and TSLA for the long run - pretty sure my 18 Model S value will be in the tank by then.
 
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