Hertz order for 100.000 Tesla Cars prompts decline of Skyscrapers and High Rises as people relocate to Suburbs and Rural areas

Teslas murder drivers.

And I will be retiring in my 30s all because of a $6500 gamble that I took years ago (TSLA)

Armorers must get the Hell out of the United States of America f wrote:

Teslas murder drivers.

Tesla also murders pedestrians.

slamint wrote:

And I will be retiring in my 30s all because of a $6500 gamble that I took years ago (TSLA)

I’d sell soon if I were you. You need to sell a lot more than 100,000 cars to be a trillion dollar company.

A lot of solid competition coming out from the big guys, including BMW, Audi, and Mercedes. Not to mention Ford, VW and other specialized EV players like Lucid and Rivian.

I wouldn’t bet against Musk, but I don’t think Tesla can hold a market cap larger than the rest of the auto industry combined (or close to it).

Congrats on your solid gamble/investment.

Jogger262 wrote:

slamint wrote:

And I will be retiring in my 30s all because of a $6500 gamble that I took years ago (TSLA)

I’d sell soon if I were you. You need to sell a lot more than 100,000 cars to be a trillion dollar company.

A lot of solid competition coming out from the big guys, including BMW, Audi, and Mercedes. Not to mention Ford, VW and other specialized EV players like Lucid and Rivian.

I wouldn’t bet against Musk, but I don’t think Tesla can hold a market cap larger than the rest of the auto industry combined (or close to it).

Congrats on your solid gamble/investment.

I'd sell before China Joe and Treasury Monster Yellen implement the plan to tax your unrealized capital gains, and then tax you realized capital gains.

Jogger262 wrote:

slamint wrote:

And I will be retiring in my 30s all because of a $6500 gamble that I took years ago (TSLA)

I’d sell soon if I were you. You need to sell a lot more than 100,000 cars to be a trillion dollar company.

A lot of solid competition coming out from the big guys, including BMW, Audi, and Mercedes. Not to mention Ford, VW and other specialized EV players like Lucid and Rivian.

I wouldn’t bet against Musk, but I don’t think Tesla can hold a market cap larger than the rest of the auto industry combined (or close to it).

Congrats on your solid gamble/investment.

Tesla's worth has never been as a car company. It's valuation is based on the battery technology and the patents they hold. As the "big boys" in the industry start to throw their weight at EVs, the value of that same technology and those patents goes down. Tesla will be remembered in the history books as the ones who changed the automobile industry, but easily within 7 yeas they won't be the market leader in EVs...at all.

Nobody wants electric cars...They account for 2% of sales, mostly to guilt ridden liberals.

runnerboy70 wrote:

Nobody wants electric cars...They account for 2% of sales, mostly to guilt ridden liberals.

Come on, man.

While I don't disagree that mostly liberals buy them, its only 2% due to, well, the lack of availability and manufacturing of EVs. Only 1 company "mass" produces them (as of now) and that company is but a bit player in the US and worldwide automobile market...

I can get in my car and drive to Alaska or the tip of S. America...Why in the World would anyone buy a car that limits them to 300 miles? And a virtually untested technology... C'mon man...

runnerboy70 wrote:

Nobody wants electric cars...They account for 2% of sales, mostly to guilt ridden liberals.

Well, I WANT an electric car, but not for the main reason you think. I would love to be able to charge it at home and never have to go to a gas station...not for any cost savings, as I don't care about that, and not even for any environmental reasons...just for convenience. The environmental reasons are a bonus, but that's not what's driving my WANT of an EV.

Also, electric cars are more nimble, they accelerate way better than internal combustion cars, and they are quieter.

The reason I have not acted on my WANT is:

1) Range still sucks.

2) Takes too long to charge.

3) Charging stations not around enough yet.

They solve those issues, AND give me more options on the type of car I could get, then I'm all in.

runnerboy70 wrote:

I can get in my car and drive to Alaska or the tip of S. America...Why in the World would anyone buy a car that limits them to 300 miles? And a virtually untested technology... C'mon man...

Yeah, the range sucks. The lack of charging stations sucks. They solve those issues, then EVs will be what everyone wants.

How is the car limiting you to 300 miles? Between a charge..Absolutely (and that's probably on flat roads, subtract mileage for anything with hills) but it's not like the car blows up at 300 miles and you can never use it again. You literally just have to plug it in (well, find a plug first...which is a big issue in rural areas) and wait a bit.

Look I'm not a Tesla fanboy, at all. I don't think they are really that well made. I don't think that EVs are that much better for the environment. I also don't think over the lifespan of the car that for what you pay to own the EV, that you are saving that much (if anything) over buying the gasoline version of a similar car. Again, though, the more manufacturers that go EV, that will bring the cost of initial purchase price down. Right now its overwhelmingly one manufacturer, who faces supply issues to keep up with demand, so that means higher prices.

In addition, the lack of Tesla maintenance places is going to kill them. Where I live...the closest facility is almost 1.5 hours away. Need something done? Its literally going to be a whole day of your time. Now, compare that with Ford/GM/VW/etc where there is probably a dealership/service center within 30 minutes of where 90% of Americans live.

Back to the future with steam baby!

https://www.youtube.com/watch?v=B5-B2vhoPeU

Alternatively, woodgas, a truly renewable resource to fuel a vehicle. Proven technology since the Big One, WWII:

https://www.youtube.com/watch?v=8Ag6LoqcVsM

https://www.youtube.com/watch?v=5jm269vvsmA

Flagpole wrote:

The reason I have not acted on my WANT is:

1) Range still sucks.

2) Takes too long to charge.

3) Charging stations not around enough yet.

They solve those issues, AND give me more options on the type of car I could get, then I'm all in.

1 - 320 Miles on a LR Model Y isn't enough? 360 on a Model X isn't enough? 396 on a Model S isn't enough?

2 - 15-20 minutes is too long at a super charger? Just plugging in while you're at home to always have a topped off battery is too long?

3 - ~1150 in the US isn't enough? Road tripping and driving around have gotten soooo much easier since I switched to Tesla.

*They CAN be fast but not all are fast

*They most certainly are not "nimble" thanks to all the extra mass added because of the batteries.

runnerboy70 wrote:

I can get in my car and drive to Alaska or the tip of S. America...Why in the World would anyone buy a car that limits them to 300 miles? And a virtually untested technology... C'mon man...

I regret to inform you that your car cannot be driven between N and S America. Sounds like it is now pretty much useless.

CrispyChicken wrote:

Jogger262 wrote:

I’d sell soon if I were you. You need to sell a lot more than 100,000 cars to be a trillion dollar company.

A lot of solid competition coming out from the big guys, including BMW, Audi, and Mercedes. Not to mention Ford, VW and other specialized EV players like Lucid and Rivian.

I wouldn’t bet against Musk, but I don’t think Tesla can hold a market cap larger than the rest of the auto industry combined (or close to it).

Congrats on your solid gamble/investment.

I'd sell before China Joe and Treasury Monster Yellen implement the plan to tax your unrealized capital gains, and then tax you realized capital gains.

Haha. I wouldn’t take advice from any of us with your TSLA investment. There’s been many many headwinds and significant dips where most people would’ve bailed but you stuck to it. Sell it at your own discretion as if you would’ve listened to others, you would’ve sold way too early in hindsight.

But I’m curious how $6500 in TSLA is allowing to retire. Even if you bought it at around $6(post-split price), and currently priced at $1,042, that $6500 would equal $1.1 million and if you owe 20% for capital gains tax, that would net you $900K.

It’s very impressive gain but would be hard to retire in your 30s with that amount.

But I’d imagine you’d still want to hold on to TSLA as you’ve held for this long, where is the money to retire?

C'mon Man! wrote:

*They CAN be fast but not all are fast

*They most certainly are not "nimble" thanks to all the extra mass added because of the batteries.

Agreed. They are not nimble. Capable in the high end expensive versions, yes.

A Miata is nimble.

I’m a car nut and 0-60 times do not excite me much. It just doesn’t really matter on the street once you are below 5 seconds or so. I’d much rather have a slower car with 6 speeds and a clutch pedal.

That said I could see adding an EV to the house in 5 years or so, but it will be for my wife. She only cares about getting from A to B and hauling precious cargo around. I think at that point it will be accessible to take a 1,000 mile road trip with 1 stop for lunch and a charge. The Lucid Air has a range of 520ish miles. It’s also somewhere around $150K?