Tesla’s trillion dollar valuation is fast approaching

How do they able to exaggerate the sale of Apple products?

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all kind of research and data is created. its headline number. not actual revenue and cost number.

this from Europe.

All I understand from here, HK2 may be buyinghouse, similar kind of knowledge and discussions.

just type Tesla in Craigslist cars and truck section. You will so many one or two years old Tesla for sale.
Its either People fleeing SF Bayarea or they not satisfied with the product.
other makers late model vehicles are usually product Demo/courtesy vehicles that dealer put for sale after few months.

https://sfbay.craigslist.org/search/cta?query=tesla

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I got a Tesla Y, it is an amazing car. Very smooth auto driving on the freeway and feel safe. You guys should try a test drive

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Well documented info. Not the issue stopping people from getting a new car. For me, hardly drive, less than 5000 miles per year. Already 10 years, still feel pristine.

We have other people on here that have had problems. Worst is a wreck. 6 month to get parts. Theses cars are limited toys for rich urbanites with garages and other cars. Limited range. Charging problems especially without a garage. Reliability and parts issues. No thanks. I prefer ICE especially for me in Tahoe and on the farm.

https://www.google.com/amp/s/www.highsnobiety.com/p/tesla-least-reliable-new-car/%3Fformat=amp

Plus the cost of ownership is outrageous.
This X depreciated over $50k in 4 years. Gas savings is peanuts compared to this loss of equity. Almost $1.50/mile depreciation.
If you want to be green, donate $10k/year to an environmental charity instead.

https://sfbay.craigslist.org/eby/ctd/d/2016-tesla-model-p100d/7181709428.html

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Did you check out the depreciation of a comparable $100K Gas car? For e.g. check out the Mercedes Benz S Class, 4 years old with @50k miles(12k/year for 4 years).

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The point is Teslas are all about ego and showing how “green” you are. Lots of better ways. Buy a used Prius. It will help save the planet more effectively. Donate the rest to saving polar bears or to other feel good nonsense.
Electric cars are all hat and no cattle.

Prius goes from 0-60 in 10 seconds.

I also tried a Chevy Bolt. It’s handling was worse than my 15 year old cars.

Test drive a Tesla Model 3, you will figure out how good of a ‘sporty’ car it is.

Having said that people for whom “cars are appliances” they will never get it.

My Prius got 38mpg at 100mph. Want to go fast buy an airplane or a motorcycle.
I have owned several performance cars. A corvette, Supra, 2 RX7s, 2 Porsches, Mustang GT. Jaguar XK8 convertible.
Driven the S. Been in a GTR at 150mph. That car has scary acceleration 0-60 in 2.7 seconds.

The Jag was the best. Got the most attention from women. The rest just appealed to teenage boys :sunglasses:

Tesla is much better @27% better than Prius.

on the freeway/solid ground + safety(motorcyle 7 times more fatalities than cars).

Many here are missing the point as you do not accept changes in technology, voting only the old used-to technologies.

Simply state, it is a change from old phone/blackberry to touch sensitive iPhone kind of change.

I have driven Two Nissan leafs, Two GM bolts almost covered 200k miles with it last 6 years. Tesla , being expensive, we have not leased it. More over, WFH stopped driving a car, now the current bolt is just used for shopping.

There is no match to EV cars, economical advantage over the old cars. EV revolution already started and unstoppable and Tesla paved the way for workable EV revolution!

That is why TSLA jumping from $200 to $2000+ a real 10x stock as market acknowledge the change in technology.

I have been telling many years, TSLA is innovation and it is hard to beat TSLA, no one believed it.

JIL… you prove my point. You are huge promoter of Tesla and even you don’t think they are worth it.

How come Tesla sales are down? Stock increases are based on a hope and prayer. Self driving is a long way off and so is the charging infrastructure.
The technology is second to the coolness factor
Bolts aren’t cool. Teslas are. People buy cars on emotion and impulse. Tesla can only appeal to a limited sub market. The average buyer wants an F150 ford pickup
Sports cars make up less than 2% of the current market. SUVs and pickups dominate the market.

I belong to the…

Anyhoo, you still miss the point. There is no push factor for me to get rid of existing car.

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Average car lasts twelve years. It will take at least 50 years to go all EV. Maybe hydrogen cars will become dominant by then

Even though I understand the TSLA and its innovation, I foolishly missed the boat.
Since I was confident that algorithmic trading can beat S&P market (this is correct) and I never understood buy/hold of TSLA (and AAPL) that can beat my algorithm too.

See I bought TSLA and AAPL at deep bottom prices, but later traded (miserably missed the boat). See my date of purchases, just after market bottomed on Mar 23, 2020.

Now, market is acknowledging TSLA’s innovation, change in future. No matter how the sales are now, market (mainly big banks, funds) is pricing all future TSLA returns say 20 years from now.

Many times I have told people to read about corporate valuation books, they are good for buy/hold and will be pricing them (current price = all future returns).

This is exactly like buy 1M home in RBA, hold for 20-30 years, sell it kind of principle.

My failure to understand buy/hold principle of TSLA or AAPL does not mean the market valuation is wrong.

Whereas my son, just 3 years out of college, just bought TSLA with his Roth IRA money at $200, now worth $400k (holding it). Believe it or not, he is the one suggested me to buy TSLA when it was $41.

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the point is all that $400b invested in Tesla would have better invested in developing better fire fighting planes and helicopters. now people are caught pants down with worthless technolgy.
that cannot tow for significant distance or any offroad capability at current point.

I meant the car not the stock.

I was about to lease TSLA, but now we are in WFH, no need of car. I returned one GM Bolt after lease (45k used), keeping the another bolt (used 30k out of 45k allowed) not driving any more. When office resumes, we may need a car, that is long way.

BTW: TSLA reduced the leasing prices to match GM bolt. Looks like insurance is bit high for TSLA than GM bolt. Second TSLA cars are immediately available, but GM bolts are backlogged normally.