Elon Musk now the richest in the world this morning

The stock could crash back to him being worth $20billion and nothing would change. Think about the absurdity of it all. It’s paper . Peace
 
It better be. That hurdle should not be too hard to overcome.

DevBru said:
Nice, only thing is, expected to be at least $40K more expensive over the cheapest Tesla model S.

It better be of much better quality for that price.
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DiceAreCast said:
It better be. That hurdle should not be too hard to overcome.
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The problem is a starting price of $110K isn't going to take away a huge load of Tesla's business.

If there will be a car that competes with the model 3 for technology, has better quality and is in the same price range, then Tesla might be in trouble, but i don't see that happening any time soon.

Except for maybe Chinese manufacturers like you mentioned, the thing is, here in the EU people don't really trust Chinese car manufacturers and i don't think there will be a big rush on them when they finally enter the European market, at least not in the first few years until the prove to be reliable. The first Chinese car is coming to Europe later this month if there is no delay, the Link & Co, not fully electric, based on the Volvo XC40 but they have gained very little interest so far.
 
I think all major Japanese and German car manufacturers are very close to releasing EVs that rival if not trump current Tesla. This and the next 2 years should be very interesting in the EV segment. I.4, I.next, Id.4, e-golf,... This is just some of the many that directly will compete with the Tesla entry models.

DevBru said:
The problem is a starting price of $110K isn't going to take away a huge load of Tesla's business.

If there will be a car that competes with the model 3 for technology, has better quality and is in the same price range, then Tesla might be in trouble, but i don't see that happening any time soon.

Except for maybe Chinese manufacturers like you mentioned, the thing is, here in the EU people don't really trust Chinese car manufacturers and i don't think there will be a big rush on them when they finally enter the European market, at least not in the first few years until the prove to be reliable. The first Chinese car is coming to Europe later this month if there is no delay, the Link & Co, not fully electric, based on the Volvo XC40 but they have gained very little interest so far.
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S2007S said:
Yep and there is no such thing as inflation...

:p:p:p:p:p:p:p:p:p:p:p:p:p:p

Haaaaaaaaa


Trillions and trillions of free money. But yet no inflation what so ever....yep
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Inflation is coming and it will be monstrous. All grains and base metals are up 30-60% in the last 6 months. And this is happening after several years of commodities under performance.

The commodities new bull cycle has officially started. Inflation is coming.

upload_2021-1-7_21-33-2.png
 
DiceAreCast said:
You are not happy because of your jealousy. Stop looking at others and stop being so angry that the "right ride" is over.
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WRONG, not happy cause POOR!!, Love the Musk, fellow none PC Geek, good to see 1 billionaire trying to make the Earth a better place.
 
narafa said:
Inflation is coming and it will be monstrous. All grains and base metals are up 30-60% in the last 6 months. And this is happening after several years of commodities under performance.

The commodities new bull cycle has officially started. Inflation is coming.

View attachment 248419
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Yep, price hikes and fammine to come, better tap Elon up for some cash :)
 
DiceAreCast said:
You talked about some psychological market behavior. Completely different. Tesla is driven by its ability to finally make a profit and its inclusion in the spx due to people buying this car of horrific quality standards. Mercedes soon comes out with an EV with 56 inch display spanning the entire console and a range of 700km. Good bye Tesla. In 5 years you will have at least 5 Chinese EVs that are of superior technology and quality to Tesla.
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And it'll cost 2x's the price no doubt, stop hating on Tesla's, if rich I'd have 1 in a heart beat.


Ask any TSLA Short, how bad an idea it is to bet against a visionary LOL
 
narafa said:
Inflation is coming and it will be monstrous. All grains and base metals are up 30-60% in the last 6 months. And this is happening after several years of commodities under performance.

The commodities new bull cycle has officially started. Inflation is coming.

View attachment 248419
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Yea but the fed says we have max 2% inflation in the U.S
 
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