Tesla and Uber Unlikely to Survive...
Discussion
DonkeyApple said:
RobDickinson said:
I actually considered buying at 260 but it's not easy or quick from nz and I had a lot of other things going on.
I think it could head up to 500 (short term)
That’s not true. It is easy and it is quick. There are numerous online brokers with which to open an account online in just minutes, fund electronically and have full, open access to the US market. I think it could head up to 500 (short term)
Just what is it and your tremendous desire to speak not the truth!
The only reason you didn’t buy is because you didn’t believe in it enough. And if you think it’s going to 500 then you can still fill your boots. With all the profits you could finally buy that EV which you claim to own but again, don’t.
If you want some truth then look to my post last month where I indicated you should look for positive price action in the run up to the results and much more recently where I highlighted that TSLA was holding station as the US market was in a heavy sell off. But these were words of wisdom from a market professional so you wouldn’t have listened. You’ you won’t listen that some of us reckoned targets would be hit this Q. You won’t listen to being called on the complexity of trading US ticks from NZ and you will almost certainly still be claiming you drive an EV.
La la la la. Rob’s not listening.
Even I did for quite a while
Edited by p1stonhead on Wednesday 24th October 09:34
p1stonhead said:
Can’t imagine it’ll be anything but bad news considering the last few months. Let’s see.
Personally, I stick with what I was discussing with Burwood the other week which is that I think they will hit key metrics for Q3 but that we will see opaqueness with regards to the sustainability of positive revenues. Anyone published any reasons for bringing the data forward?
DonkeyApple said:
p1stonhead said:
Can’t imagine it’ll be anything but bad news considering the last few months. Let’s see.
Personally, I stick with what I was discussing with Burwood the other week which is that I think they will hit key metrics for Q3 but that we will see opaqueness with regards to the sustainability of positive revenues. Anyone published any reasons for bringing the data forward?
I'll say again. I think their existence is good for consumers. Choice is good.
Im not so sure they can make money and be sustainable. By that I mean, real money 'billions p.a'. Committed battery and capital spending on production facilities, new tooling etc must be at £7-8B over 3 years. New factory in China is 2 of that or more? new giga factory is 5b. It's a false economy when it's just debt and more debt and one day you earn a few Shekels. The model is complex which makes the stock a huge gamble. Compared to Robs 'no brainer' investment.
RobDickinson said:
I don't want one that big or expensive.. This thread isn't about me going bust.
But you are a ‘fan’ more than anything else. You won’t in any way accept any negative comments about Tesla ever across multiple threads. Strange that a fan wouldn’t have a car regardless.
Burwood said:
DonkeyApple said:
p1stonhead said:
Can’t imagine it’ll be anything but bad news considering the last few months. Let’s see.
Personally, I stick with what I was discussing with Burwood the other week which is that I think they will hit key metrics for Q3 but that we will see opaqueness with regards to the sustainability of positive revenues. Anyone published any reasons for bringing the data forward?
I'll say again. I think their existence is good for consumers. Choice is good.
Im not so sure they can make money and be sustainable. By that I mean, real money 'billions p.a'. Committed battery and capital spending on production facilities, new tooling etc must be at £7-8B over 3 years. New factory in China is 2 of that or more? new giga factory is 5b. It's a false economy when it's just debt and more debt and one day you earn a few Shekels. The model is complex which makes the stock a huge gamble. Compared to Robs 'no brainer' investment.
From a trader’s perspective the fact that the stock has held up during the US sell off was hugely interesting and suggested short covering at a time when the shorts should have been prospering which in turn tends to infer that someone has seen the Q3 data.
For me the two key short term metrics that needed to be met in order for the company to stand a chance of gaining the funds required to meet any of the enormous future goals are the speed at which they can finally offer the $35 car and the real monthly sales figures. The announcement the other day that they will soon be delivering on those pre-orders for the cheaper car is potentially a huge positive unless it is a fudge and that they will be doing this at a loss but the key for the future of the business lies almost solely on the crucial data re new orders and that the growth rate there is large enough to replace the fulfilment of the pre-orders of the last couple of years.
p1stonhead said:
But you are a ‘fan’ more than anything else. You won’t in any way accept any negative comments about Tesla ever across multiple threads.
Strange that a fan wouldn’t have a car regardless.
I've pointed out and know many negative things about Tesla, few are mentioned in here. Strange that a fan wouldn’t have a car regardless.
p1stonhead said:
RobDickinson said:
I don't want one that big or expensive.. This thread isn't about me going bust.
But you are a ‘fan’ more than anything else. You won’t in any way accept any negative comments about Tesla ever across multiple threads. Strange that a fan wouldn’t have a car regardless.
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