This is not financial advice

Stock market is an interesting place. A fun topic to discuss.
Remember the story of the tortoise and the hare - which would you bet on to win the race over time?
I own both these stocks in a diversified investments - I hope they both do well.

 

I would take financial advice from this fellow:

Asset manager bet on Tesla in 2011, stock has surged 15,000%

 

I pay for future earnings and I see so many potential problems for Tesla.

Chinese supply restrictions.
Competition with new designs and features.
Twitter distraction.
Lawsuits.
Self driving promises lawsuits.
Government regulators.
Change of administration and its impact on the above.
The impact of the spouse's reaction to the cybertruck "you really want that ugly thing" .

Why buy at a extreme multiplier of current earnings if the headwinds are rising.

I've raised these concerns before. I was wrong short term. Lets see in two years where we are.

 

I like stocks and bonds in large indexes/baskets - not much of a fan of individual stocks.

Especially not a fan of investing in individual stocks.

As far as recommendations from stock pickers like the one in post 3, I will take a hard pass. I will feel better about it when they consistently do better than blindfolded, dart throwing chimpanzees.

If you wanted a really good deal or advice a few years ago there was an expert named Bernie.....

I am thrilled some of the large indexes we own contain Tesla and Toyota - I hope both stocks do very well.

 

you've been banging that drum for a lot longer than 2 years my friend

 

I own 1 stock, up 66 times over my term of ownership. Bought at a 15% discount to the lowest price of the year in an employee purchase arrangement.

My wife owns one stock, an inherited back stock held more for nostalgia than for serious investment but doing well over the 50 years she has owned it.

We too own 90% of our stock investments in a very very large mutual fund and it has lots of both the T stocks. One of Tesla's biggest owners.

That doesn't mean I don't follow the meme stocks. Bob and I have been having this discussion for years here. So far he has been right.

Figure out the number of cars and at what margins Tesla has to sell to produce the profits to justify the premium its stock costs over the market average. Then adjust for the risks. Xi could devalue Tesla in a heartbeat.

 

If China cut off rare earth metals, Tesla would just go back to induction motors.

 

what growth stocks aren't overpriced?

i suppose there's always crypto

 

Ah but how fast could it produce enough. All it takes is a quarter. Imagine a blow up in the straits and escalation ramps. Could slow things down in months. Recall how few cars were built during WWII.

 

Any disruption such as that will hurt everybody, and go beyond cars.

WWII was because the factories and materials for making cars were switched over to making war supplies.

 

Wow, I’ve never seen such a ‘sky is falling’ attitude
What if the world ends tomorrow? What will happen to Tesla then? Huh?

 

They are already moving away from rare earth magnets.
"Tesla stated today that, between 2017 and 2022, it managed to reduce rare earth usage in these new Model 3 drive units by 25% as it increased the efficiency of the drivetrain."
https://electrek.co/2023/03/01/tesla-is-going-back-to-ev-motors-with-no-rare-earth-elements/

One of the motors in the gen2 Volt didn't use rare earth magnets. I think it was the M/G1 equivalent.

 

Moderator: has bisco's account been hacked by someone who uses the shift key?

 

oddly, i typed that, but did not use caps, never saw that happen before

 

Was it on a difference device? My phone will auto cap sentences.

 

could have been my phone, but i use it quite often and haven't noticed. i'll try it and see.

 

I. Think. You. Are. Right