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Elon Musk takes over Twitter

Discussion in 'Sports and News' started by Alma, Apr 25, 2022.

Page 8 of 275
  1. Octave

    Octave Well-Known Member

    bigpern-

    These Tesla vehicular fire stories have been all over financial news for years.
     
    Octave, Apr 26, 2022
    #85
  2. playthrough

    playthrough Moderator Staff Member

    I'd never turn on a computer again with that kind of money. Never mind buying any kind of online platform.
     
    playthrough, Apr 26, 2022
    #86
    wicked likes this.
  3. doctorquant

    doctorquant Well-Known Member

    What you could have simply said ... "That's not right. At all."

    #didIdothatcorrectly?
     
    doctorquant, Apr 26, 2022
    #87
  4. Azrael

    Azrael Well-Known Member

    Azrael, Apr 26, 2022
    #88
  5. DanielSimpsonDay

    DanielSimpsonDay Well-Known Member

    yes but what about the new class of libertarian electrics
     
    DanielSimpsonDay, Apr 26, 2022
    #89
    SFIND and Azrael like this.
  6. Azrael

    Azrael Well-Known Member


    I'm just as surprised as you are:

    https://www.ericpetersautos.com
     
    Azrael, Apr 26, 2022
    #90
  7. bigpern23

    bigpern23 Well-Known Member

    That’s a better argument than Octave made. It got me looking up Tesla’s reliability ratings (which are dismal) and I noticed something funny. Despite the lousy reliability, owner satisfaction ratings remain quite high. Kind of reminds me how Ragu always points out that Tesla’s stock price defies fundamentals, yet investors love it.
     
    bigpern23, Apr 26, 2022
    #91
  8. DanielSimpsonDay

    DanielSimpsonDay Well-Known Member

    [​IMG]
     
    DanielSimpsonDay, Apr 26, 2022
    #92
    SFIND and bumpy mcgee like this.
  9. bigpern23

    bigpern23 Well-Known Member

    I’ve seen stories about cars catching fire by damn near every automaker over the years.

    PCLoadLetter made your argument for you. When they are on the road, they’re fantastic vehicles, but I’ll concede the point, because obviously they spend a lot of time in the shop.
     
    bigpern23, Apr 26, 2022
    #93
  10. wicked

    wicked Well-Known Member

    How much Chinese or Russian money is propping up Elon Musk?
     
    wicked, Apr 26, 2022
    #94
  11. The Big Ragu

    The Big Ragu Moderator Staff Member

    It's a car company that has sold around 300,000 cars in the U.S. each of the last 2 years. Owner satisfaction has remained so high in the face of quality issues, because most of the people buying them are shopping for a status symbol more than they are really shopping for a car.

    As for the stock, of course people have loved it. A lot of people have leveraged themselves to the hilt and ridden it to the moon in an era of unprecedented liquidity. I think the majority of those "investors" don't realize that they are actually traders, not investors, and my question is how much will they love a car company that trades at more than 200 times earnings (GM, which sold almost 15 times more cars last year trades at less than 6 times earnings), if the liquidity is being drained from markets, ostensibly because the people who created all of that love for Tesla stock (and all kinds of other malinvestment) feel forced to deal with the runaway inflation it all caused, and the momentum in Tesla's stock heads rapidly in the other direction.
     
    The Big Ragu, Apr 26, 2022
    #95
    SFIND, TigerVols and wicked like this.
  12. FileNotFound

    FileNotFound Well-Known Member

    Tesla drivers are almost as cult-ish as Apple users (and I count myself among the latter.)
     
    FileNotFound, Apr 26, 2022
    #96
    sgreenwell and OscarMadison like this.
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