NASDAQ ~120% pop
- Thread starter HeSaidSheSaid
- Start date
as of today, Tesla's valuation is almost equal to the valuations of all the big car makers combined TSLA=335B ~ (GM=42B + F=27B + HOnda=47B + Nissan=33B + Toyota=224B)
•17 million cars were sold last year while Tesla sold only 365K
•GM also makes electric cars
•Ford also makes electric cars
•Nissan also makes electric cars
•Hyundai also makes electric cars
•China also makes electric cars (SAIC, FAW, Dongfeng, Chana, BAIC, GAC, Chery, BYD and Geely).
•Toyota also makes electric cars
•Honda also makes electric cars
•Germany also makes electric cars
.... it is a tight market, a lot of competitions.
NASDAQ is hitting all time high, yet its Advances and declines line is heading down
•17 million cars were sold last year while Tesla sold only 365K
•GM also makes electric cars
•Ford also makes electric cars
•Nissan also makes electric cars
•Hyundai also makes electric cars
•China also makes electric cars (SAIC, FAW, Dongfeng, Chana, BAIC, GAC, Chery, BYD and Geely).
•Toyota also makes electric cars
•Honda also makes electric cars
•Germany also makes electric cars
.... it is a tight market, a lot of competitions.
NASDAQ is hitting all time high, yet its Advances and declines line is heading down
I wouldn't count The Donald out just yet. I think the Dems are doing a good job of capitalizing on weaknesses and perceived weaknesses of the current administration, but I think POTUS still has a few rabbits left to pull out of the hat. He COULD win though I wouldn't bet even money on it.
Trump hasn't been all bad for the economy and for America. Look at the unemployment figures, fir instance, before the COVID pendemic. Look at the market, which was due for a major crash but quickly resumed the upward spiral in spite of all logic. My only real present concern is that some corners of government seem to think that being inclusive of all Americans is only an option. Oh, and he screwed up a few of my trades with his crazy tweets that rocked the market. And sometimes he really makes us all look like bozos in the world court of public opinion because seems like every time he opens his mouth, something stupid falls out of it.
If the Democrats weren't so interested in taking what's mine and giving it away to people who haven't earned it, and they weren't so rabidly against my constitutional rights particularly the Second Amendment, I would be more inclined to support them. As it is, I think they are very much the enemy. Then again, so is the Repiblican party, with their eagerness to ship jobs overseas (which thankfully, Trump at least is vocally against) and their illogical hatred for the Jones Act. I am a retired seaman and a union man for most of my career and I definitely see the benefits of having the same cabotage laws that most other countries for some reason can have without criticism or reactionarianism. The Trump administration at least gave the US maritime and shipbuilding industry plenty of support.
Trump hasn't been all bad for the economy and for America. Look at the unemployment figures, fir instance, before the COVID pendemic. Look at the market, which was due for a major crash but quickly resumed the upward spiral in spite of all logic. My only real present concern is that some corners of government seem to think that being inclusive of all Americans is only an option. Oh, and he screwed up a few of my trades with his crazy tweets that rocked the market. And sometimes he really makes us all look like bozos in the world court of public opinion because seems like every time he opens his mouth, something stupid falls out of it.
If the Democrats weren't so interested in taking what's mine and giving it away to people who haven't earned it, and they weren't so rabidly against my constitutional rights particularly the Second Amendment, I would be more inclined to support them. As it is, I think they are very much the enemy. Then again, so is the Repiblican party, with their eagerness to ship jobs overseas (which thankfully, Trump at least is vocally against) and their illogical hatred for the Jones Act. I am a retired seaman and a union man for most of my career and I definitely see the benefits of having the same cabotage laws that most other countries for some reason can have without criticism or reactionarianism. The Trump administration at least gave the US maritime and shipbuilding industry plenty of support.
Hey now, the Brits make an EV also. Prolly beats anything China can produce. Brilliant.
Appears to be made out of old stainless steel refrigerators.
When I was experimenting with electric propulsion in sailboats and also getting around on an electric bike that I had built, I threw a rod in the aluminum engine of my Ford Ranger. Repair was out of the question and a new engine would have cost more than the truck was worth. Took it to the junkyard. If I had thought clearly on it, I would have converted it to electric, using two (I had them on hand already) ME0913 motors at 96V (I had a 700a 96v pure sine wave PMAC controller on hand at the time) and probably attained low highway speeds using active cooling. I would have sacrificed some efficiency from needing electric pump for steering and power brakes, but it would have carried a nice big bank of batteries, no prob. Turns out later I found out that there are quite a few converted Rangers out there, most using a more typical single AC inductance motor and running off a 144v or 168v bank.
But as far as mass produced EV's go, let's face it. Tesla has a lock on "reasonably" priced high performance EVs. It is pretty hard to touch them on range, particularly. They are a great car, and if electric is ready for the big time, then Tesla is the star of the show. Sure, the stock price is heavily hype driven, but there is some substance there, in the viability and proven track record of the product. If I was buying an EV right now, it would definitely be one of the Tesla models, optimized for range.
It was meant to be a funny, Growley. Eating up those slow-moving kittens has made you cynical and grumpy.
Stop eating kittens!
actually I like President Trump. he's been vocal against China, and fighting for America's interests (trying to bring back jobs to America), (he's been good to my bottom line), but lately some of his decisions were just simply weird
... he's surrounded himself with not very bright people I think. He'd need someone like Karl Rove (President Bush's advisor) to give sound advice and turn around his campaign. Mr. Biden is going to tear Mr. Trump into pieces in the presidential debates... Mr. Biden already got Mr. Obama's support. He's going to get his campaign machine that got him two terms warmed up and ready to sweep Mr. Biden into the White house...as of now:
•Nasdaq Composite +24.0% YTD <<= can't sustain!
- S&P 500 +4.7% YTD
- Dow Jones Industrial Average -2.4% YTD
- Russell 2000 -5.0% YTD
Aston Martin was one of the James Bond's cars?
Really. So EPS will go down 5 fold (and thus negative) when they split their stock 5-1? How does that work exactly?
If you have $10k worth of shares pre-split and $10k in shares post-split, total earnings should be pretty much the same. Right? And if EPS is not negative before the split, it won't be negative after teh split. It will be approximately 1/5, just like the price per share. Right? Right.
I was lazy to look up Tesla's earning numbers when I wrote the response last night. That's why I also asked "has it made any money?" guess what, Tesla has never made any money. Here're the numbers:
2013: 0
2014: -0.14
2015: -2.30
2016: -2.87
2017: -8.66
2018: -1.33
2019: -0.20
so it means Tesla's EPS will even go further into the negative territory after the 5:1 split. Tesla will need to sell a lot of cars to make up for the split (EPS wise), and competition in this space is fierce. big auto companies have had marketing support, and distribution pipelines in place... Tesla is not going to make profit for some time in the future (it might need government bailout like the Big Threes). jusdging the numbers and TSLA's elevated stock price, one can say Tesla is a bloated pig! another sign of Tesla is a bloated pig: Elon Musk is the fourth richest person in the world, $90 Billion
Apple is also celebrating the world most valuable company $2 trillion!!! it is sign of NASDAQ fattened, ready for the slaughter house. Sell high, buy low like the wise uncle said!
Does the Fed Chairman prefer to work for a new boss?
: “Members agreed that the ongoing public health crisis would weigh heavily on economic activity, employment and inflation in the near term and was posing considerable risks to the economic outlook over the medium term,” the minutes said."