TailingsPond + 874 GE 16 hours ago 4 hours ago, Ecocharger said: You really are out of touch with reality. Read and learn, non-economist, Once again not your words. Address the massive Tesla growth. 1 Quote Share this post Link to post Share on other sites
TailingsPond + 874 GE 14 hours ago (edited) 6 hours ago, Ecocharger said: Nonsense, you give us complete nonsense. Address the massive Tesla increase using your own words. Simple. Anything less is just a bot regurgitating biased internet garbage. The numbers I posted are real numbers in real time. Not opinion, not forecasts, real numbers. You can address the realty of Tesla massive price increase or deny reality and post some other opinion blog because you can't write for yourself. Edited 14 hours ago by TailingsPond 1 Quote Share this post Link to post Share on other sites
TailingsPond + 874 GE 14 hours ago People should not call themselves economists when they can not comment on the economy for themselves. The changes in WTI price and Tesla share price are real numbers that could be addressed, but are not. Capitulation is a loss, inability to use own words is a failure. 1 Quote Share this post Link to post Share on other sites
TailingsPond + 874 GE 14 hours ago (edited) 6 hours ago, Ecocharger said: Read your morning quota of real analysis for a change, https://oilprice.com/Energy/Crude-Oil/Canadian-Oil-Stands-To-Profit-From-Trumps-Energy-Agenda.html Just to be clear you think this Irina Slav writer for oilprice.com can provide a better economic analysis than yourself? Obviously she is a better writer than you, but is she really an economist? I wonder how much a writer for oilprice gets paid. I'm guessing significantly less than a successful economist. I also have good reason to believe you are not employed as an economist, so maybe stop with that shtick. Edited 14 hours ago by TailingsPond 1 Quote Share this post Link to post Share on other sites
Ecocharger + 1,458 DL 13 hours ago (edited) 30 minutes ago, TailingsPond said: Just to be clear you think this Irina Slav writer for oilprice.com can provide a better economic analysis than yourself? Obviously she is a better writer than you, but is she really an economist? I wonder how much a writer for oilprice gets paid. I'm guessing significantly less than a successful economist. I also have good reason to believe you are not employed as an economist, so maybe stop with that shtick. You obviously have no idea what you are talking about, so I will make this brief. First, Tesla is suffering just like other EV manufacturers. As an ill-informed non-economist, you are incapable of understanding even the most basic data. Read the analysis of genuine market analysts. https://www.investors.com/news/tesla-stock-a-buy-or-a-sell-elon-musk-donald-trump/#:~:text=Wall Street consensus also has,decline vs. %243.12 in 2023. "Wall Street consensus also has 2024 Tesla earnings firmly below last year's level. That signals another year of earnings declines for this growth stock. Analysts currently expect Tesla earnings per share of just $2.42 in 2024, according to FactSet. That would be about a 22% decline vs. $3.12 in 2023." "Musk set sky-high expectations for the "We Robot" event. But after showing off a Cybercab and Robovan late on Oct. 10, the market seemed unimpressed with Musk as he once more claimed full autonomous driving will come "next year" but did not offer any details or updates of an "affordable" EV." Tesla is falling again, sad story. https://www.forbes.com/sites/dereksaul/2024/11/12/tesla-stock-dips-3-as-post-election-surge-cools-off/ "Shares of Tesla slipped Tuesday as part of a broader cooling off among the hottest trades following last week’s election of Donald Trump" Second, the run-up in Tesla stock had little to do with EVs. "Tesla’s core ambitions like electric and autonomous vehicles, solar energy and robotics “is going to involve government and industrial partnership on a scale some have compared to the Manhattan Project, US Highway Act or the Apollo Missions,” Jonas added." "...accelerate Tesla’s journey beyond autos,” wrote Morgan Stanley " In other words, a further dependence on government help, which might not be forthcoming. Other non-EV sales benefits might include "“streamlining” regulatory approval of Tesla’s self-driving cars and the potential for Tesla to secure further market share in the U.S. with the potential cutback of federal tax credits for electric vehicles." Tesla might gain market share when the rest of the EV sector declines. Edited 13 hours ago by Ecocharger Quote Share this post Link to post Share on other sites
Ecocharger + 1,458 DL 13 hours ago (edited) 3 hours ago, TailingsPond said: Once again not your words. Address the massive Tesla growth. You really do indulge in counterfactuals, showing an enormous lack of knowledge. https://www.reuters.com/business/autos-transportation/teslas-oct-china-made-ev-sales-fall-53-yy-2024-11-04/ "U.S. automaker Tesla (TSLA.O), sold 68,280 China-made electric vehicles in October, down 5.3% from a year earlier, data from the China Passenger Car Association (CPCA) showed on Monday. Deliveries of China-made Model 3 and Model Y vehicles fell 22.7% from the previous month." Edited 13 hours ago by Ecocharger 1 1 1 Quote Share this post Link to post Share on other sites
TailingsPond + 874 GE 3 hours ago (edited) 10 hours ago, Ecocharger said: First, Tesla is suffering just like other EV manufacturers. Explain the massive increase in share price. They have made billions in the last month. Many, many billions. If that is suffering give me some! +50% in last month, + 86% last 6 months, market cap of 1.05 trillion. Who gives a crap about selling cars when you are making so much cash off investor confidence? Money is money and they are not suffering. Have you never heard of venture capitalism? You don't actually have to make a product or run a profit, you only need to convince people that in the long-term the company will be successful. The data is clear, the investors have dollar voted for Tesla. People are still buying into them even after the big price jump. If you had had the wisdom to buy into Tesla 6 months ago you could be happily selling a portion of your shares as profit taking. +86% in 6 months is one damn fine investment! You of course didn't do that because you are likely broke with your "down is good (oil) up is bad (Tesla)" economic theories. You're making yourself into more of a clown, just saying. Edited 3 hours ago by TailingsPond Quote Share this post Link to post Share on other sites
TailingsPond + 874 GE 3 hours ago (edited) 10 hours ago, Ecocharger said: You really do indulge in counterfactuals, showing an enormous lack of knowledge. They made billions. You refuse to address all the money they are making! Do banks need to sell cars to get rich? Making money has a lot less to do with selling products than you think. 5% less sales? Wow, nobody cares about that when you are making loads of money!!! +86% in last 6 months, unreal gains. Very happy investors. You guys should work selling used cars not predicting the economy at a financial institution or large corporation. %5 less sales matters to the guy on the car lot, not to the big boys with billions of bucks. Once you have a lot of money you don't actually have to do anything to stay rich. Money works for you. Edited 2 hours ago by TailingsPond Quote Share this post Link to post Share on other sites
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