TSLA is toast? <--- epic selloff

[maxinger]

It is going to hit 4 digits ( 1000 ) soon.

 

[Overnight]

...Europe is mandating EVs and in 10 years the excitement of being part of a new generation of environmentally conscious buyers will fade and Tesla will be one among a dozen or more options on the market...

Europe mandating EVs. It's insane. I wonder where they think electricity comes from. Oh, it comes from the plug.

 

[VicBee]

Europe mandating EVs. It's insane. I wonder where they think electricity comes from. Oh, it comes from the plug.

You're like an old skipping record! Every time you bring this up I give you the same answer. Traditional energy sources like oil and coal and gas will continue to exist, even if their share of the energy market is on a downwards trend due to alternative energies build up. In fact, several modern countries are already almost entirely run on natural resource energies.
Using oil/coal/gas to power an electric generator is not the same as using oil to run vehicle engines. Coal will be the first to go (and Aussies will have to figure out other ways to make money) and that's a good thing, until enough capacity is built to replace oil as well.

 

[ironchef]

What was the nature of your impression? Did he have a halo above his head? Did he touch you and your pain was gone? Was he super charismatic? Because during demonstrations he is a blabbering idiot.

Like Howard Hughes, he funded Space-X with his own money. At the time my impression was a young man with tremendous self confidence, great presence, smart and an out of the box thinker.

 

[Overnight]

You're like an old skipping record! Every time you bring this up I give you the same answer. Traditional energy sources like oil and coal and gas will continue to exist, even if their share of the energy market is on a downwards trend due to alternative energies build up. In fact, several modern countries are already almost entirely run on natural resource energies...

Name them, and tell us how their entire infrastructure runs on nothing but electricity, with no fossil fuels required for it.

 

[KCalhoun]

All that matters is price action

 

[VicBee]

Name them, and tell us how their entire infrastructure runs on nothing but electricity, with no fossil fuels required for it.

Electricity in Portugal:
In 2017 electricity was generated by 13% hydropower, 20% windpower, 65% thermal power and 2% others (geothermal power and photovoltaic).
Electricity in Norway:
96% of its electricity comes from hydropower
Electricity in Costa Rica:
Costa Rica produced 98% of its electricity last year without fossil fuels
Electricity in France:
The electricity sector in France is dominated by nuclear power, which accounted for 71.7% of total production in 2018, while renewables and fossil fuels accounted for 21.3%

"11 countries leading the charge on renewable energy | Climate Council" https://www.climatecouncil.org.au/11-countries-leading-the-charge-on-renewable-energy/

Is that enough?

 

[KCalhoun]

It is going to hit 4 digits ( 1000 ) soon.

anything's possible... I'm using loss of 800, at 794, as S1 level... if it gets there watch out belowww.... s1=640 (50sma), 900 =r1

 

[newwurldmn]

I think a positive catalyst for Tesla is Elon Mush could step down from the CEO position. let someone else run the company. I think Elon is not a smart person when it comes to managing a company. he could be a director or Chief Technical Officer for Tesla.

he only increase shipments of production cars 10 fold in 5 years (from 50,000 to 500,000) What a dumb Person!

 

[ironchef]

I think a positive catalyst for Tesla is Elon Mush could step down from the CEO position. let someone else run the company. I think Elon is not a smart person when it comes to managing a company. he could be a director or Chief Technical Officer for Tesla.

The Board of Directors of Apple had the same thought and fired/replaced Jobs. You know the outcome.