Tesla’s trillion dollar valuation is fast approaching

Do you all think TSLA stock was propped up by Model 3?

Not really.

The fact is :wink:

TSLA absorbed Solar-city

California mandated that all homes building by 2020 onwards must include roof top solar systems. SolarCity , one the top providers, gets big market share and future is bright side. In view of future growth of Solar City, TSLA shares were going up !

You have doubt in my statement: Check other Bay area solar company RUN, it is doubled now.

2 Likes

The dumbest law ever. Real smart to add to the cost of housing during the worst housing shortage ever. The liberal corruption and lobby groups in Sacramento makes the DC swamp look attractive.
90% all houses are probably not a good fit for solar. In fact if your electric bill is less than $200 there is no point. Trees, fog, bad orientation all make most homes unfit for solar. Let alone snow. Surrounding buildings and a host of other reasons. Bureaucracy makes lousy engineering and construction decisions.

The requirements are likely to add nearly $9,500 to the construction cost per home as state officials have declared a housing crisis. Home prices have soared in California, and housing stock has failed to keep up with demand.

So stupid it makes me ill. And I put solar on my house. I bought the right lot and designed the right house. Lot more to making solar efficient than just throwing panels on the roof.

1 Like

More regulation is like handing money to existing homeowners. Make the new home cost 3M, people can retire early in Hawaii

Don’t hate housing shortage. Love it! Does wonders to multiple home owners like us. Makes us laugh all the way to the bank. So I don’t know what you were pissed off with. Maybe you hate money.

I hate bureaucracy and stupid policies motivated by liberals and greedy lobbyists like Solar City.
I like money but hate waste. I will make money no matter what. Just need to know the rules then adjust.

I worry about the housing shortage because it motivates the rent control crowd. A shortage caused by bureaucracy and blamed on landlords.

1 Like

It’s an open World country… eventually like water, capital will flow to lower cost places once those places scale in terms of talent. There is a reason why companies are called multi NATIONAL & they don’t even think when it’s INTRA country.

Then get rid of your multi-fam. SFHs and condos have never been under rent control and will not be any time soon.

1 Like

We hope so… but you never know in Gavin Newsom’s CA. :slight_smile:

Newsom has an aristocratic background I thought. So he should not shortchange rich people aka landlords.

Ambition… he has big political ambitions… we’ll see…

This is America. Politicians are merely civil servants not dictators. Anyone putting too much weight on politics to influence their financial decisions is not thinking wisely.

If the electorate goes left(since they fail to educate themselves @capitalism, economic history etc), the politicians will respond to the customer/electorate by going more left.

1 Like

Are you worried about America turning communist? We Americans are dumb but not that dumb… :rofl:

Step 1 Socialism. Granted long ways away if It happens.

The key word here is “long”.

Wasn’t government giving money to buy houses now they are forcing a $9500 min charge. Stupid people elected stupid politicians and get the opposite of what they need

The tyranny of the majority a la SF

The younger generation is huge and prefers socialism to capitalism. Once the boomers die off it’ll be socialism.

I am not the only one who hates bureaucracy.
Larry Page does too. Bureaucrats shouldn’t be making decisions about engineering science construction or anything that requires more than third grade math to understand.

Page’s plan involved all of Google’s engineers reporting to a VP of engineering, who would then report directly to him—Page explained that he didn’t like non-engineers supervising engineers due to their limited technical knowledge.[9] Page even documented his management tenets for his team to use as a reference:

Don’t delegate: Do everything you can yourself to make things go faster.
Don’t get in the way if you’re not adding value. Let the people actually doing the work talk to each other while you go do something else.
Don’t be a bureaucrat.
Ideas are more important than age. Just because someone is junior doesn’t mean they don’t deserve respect and cooperation.
The worst thing you can do is stop someone from doing something by saying, “No. Period.” If you say no, you have to help them find a better way to get it done.[9]

2 Likes

How are you able to link housing shortage with bureaucracy is beyond my understanding.

Just look at this in terms of pure economics without any political factor:

housing shortage --> low supply --> high demand --> high price --> high asset value for landlords --> high net worth for landlords

Simple, straightforward, laughing to the bank analysis.

1 Like