Amazing Amazon


#505

In the luxury/entry luxury segment


Many more in the next 3-4 years…


#506

To think Tesla as a car company might be too short sighted now. Think of it as a company that revolutionizes energy usage.


#507

Revolutionary companies earn more than 14% gross margin. Their income statement says they’re a car company. Their long-term profit potential is limited by their weak gross margin. Combine that with needing billions to increase manufacturing capacity, and it’s not a compelling argument to own it.


#508

Scaling will need a lot of money+ time, both of which are scarce for tesla UNLIKE the competitors & from what I understand the technology isn’t hard to replicate.

TESLA’s moat is

  1. supercharger network
  2. sporty cars/people who love cars, like to drive their cars

#509

@marcus335 I ask people their favorite 3 tickers. What are yours?


#510

NTNX, SHOP, and BABA.


#511

No, Tesla’s only moat is Musk. He has a cult following.


#512

People love the products(not just because it’s electric). Model S was/is the highest rated car by Consumer reports ever.


#513

Model S also has a lot of reliability issues.

Buying Tesla cars also buys into Elon Musk’s cult. It’s not just the car. It’s the whole package. It’s not unlike buying Mercedes for status signaling. The whole package makes people feel good. People who feel good rate their cars high. It’s a subjective thing.


#514

No need to listen to Debbie Downers. There can be a million reasons not to invest in a stock. Follow your own instinct.


#515

Except BABA, i have both. Cool!


#516

I have BABA but not the other 2.


#517

Tha’ts also cool.
What are your favorite tickers - other than TSLA and BABA? Give me your other favorite 3.


#518

AAPL, GOOG, and FB :grin:


#519

:scream:


#520

OK, but maybe let me re-ask - since these are already blown, how much do you see them going? I own FB and GOOG fair amount. but i don’t expect them to go 10x again.


#521

Yes not expecting them to go 10x. But they are safer investments.

10x material for me would be BIDU, TSLA, and NFLX.


#522

Non-10x is easy. AAPL, AAPL, AAPL.


#523

10x: put your life savings into FB calls. You can 10x your net worth in 2 years.


#524

:scream: Please don’t push lemmings off the cliff…