Why I hate the stock market. Unprofitable Tesla is now worth more than profitable Ford which sells 28 x as many cars

uncorrecamundo wrote:

Elon Musk = Thomas Edison? For what? Starting a payment processing company?

Private space industry doesn't impress you?

cgoon wrote:

Howard Dean wrote:

Tesla play nicely into the carbon scam. People don't think rationally or logically when it comes to issues of climate. Tesla and others have done a phenomenal job of playing on the fears of the gullible.

I wonder how many people who buy green stocks actually fell for the global warming hoax. A lot of them probably know all about Al Gore's scheme to get rich and figured they might as well go along for the ride. I doubt anybody investing in the stock market really gives a shit about the environment. I mean this many people can't still believe in global warming. Can they?

Forget Tesla, based on this guy's post, I'm going to invest in tinfoil hat features.

Ben Graham (Warren Buffett's teacher) said in the short term the stock market was a voting machine but in the long run it was a weighing machine.

But look at Amazon, it has a massive mtk cap and non-dominant profits. But it may be a child of the global tax system.

It's common to hate things you don't understand.

Chest Rockwell wrote:

It's common to hate things you don't understand.

It's common to create a narrative to justify overpaying for a stock.

rojo wrote:

Tesla's market cap is 47 billion. Ford's is 45 billion.

Yet Ford made $4.8 billion last year and Tesla lost $773 million.

Everyone seems excited because Tesla delivered more than 25,000 vehicles this quarter. So what? Ford sold more than 17 million vehicles in the US alone last year. Ford sold more than 237,000 vehicles last month - month not quarter- so they sell even right now are still selling about 28 times as many vehicles as Tesla and in a profitable manner.

The people that suck up to the tech sector blow me away. Look how this article is written.

If you think that Tesla is overvalued, I assume your Ivy League education taught you how to place that bet and make a killing if you're right.

First off, I'm sorry I haven't read the whole thread but regarding your title...did you consult w/your twin brother Wejo first? I believe and read somewhere on this site that he was a finance major....no?

DiscoGary wrote:

Imagine a car sized battery blowing up like some of those cell-phone or laptop batteries do. That's part of the engineering problem they have to work through. It'll happen, and when it does, electric cars will kill off the combustion engine as quickly as digital music killed off analog. Invest in nuclear power plants.

Nuclear power has nothing to do with solar efficiency.

rojo wrote:

Why I hate the stock market. Unprofitable Tesla is now worth more than profitable Ford which sells 28 x as many cars

Thanks for pointing out that you have no understanding of the stock market.

People often hate that which they are ignorant of. So you have plenty of company.

I agree, except for... wrote:

DiscoGary wrote:

Imagine a car sized battery blowing up like some of those cell-phone or laptop batteries do. That's part of the engineering problem they have to work through. It'll happen, and when it does, electric cars will kill off the combustion engine as quickly as digital music killed off analog. Invest in nuclear power plants.

Nuclear power has nothing to do with solar efficiency.

Who said anything about solar efficiency? Battery efficiency affects demand for nuclear energy and nuclear potentially affects demand for solar energy too (since nuclear is cheaper).

Ghost of Igloi wrote:

Chest Rockwell wrote:

It's common to hate things you don't understand.

It's common to create a narrative to justify overpaying for a stock.

Tesla may or may not be overvalued. That is irrelevant to the point that Chest Rockwell was making.

januberry wrote:

Ghost of Igloi wrote:

It's common to create a narrative to justify overpaying for a stock.

Tesla may or may not be overvalued. That is irrelevant to the point that Chest Rockwell was making.

OK, but not irrelevant to the point I was making.

Howard Dean wrote:

Tesla play nicely into the carbon scam. People don't think rationally or logically when it comes to issues of climate. Tesla and others have done a phenomenal job of playing on the fears of the gullible.

Well then, why don't use use your logic, and rational thought to predict what the majority of people are going to do. This can easily make you some money in the stock market.

Best of luck you critical thinker, who denies what the overwhelming majority of scientists who don't work for BP and Shell state, but call yourself rational anyway.

Let's get real wrote:

First off, I'm sorry I haven't read the whole thread but regarding your title...did you consult w/your twin brother Wejo first? I believe and read somewhere on this site that he was a finance major....no?

You are wrongly assuming the ivy league school taught the brosjos something.

They have posted enough here to show they don't even have the reasoning capability of a community college student, this thread included.

I love how many battery techs and Auto tech savants the lrc produces as well.

Does it get any worse than using Moore's law to justify something that has nothing to do with silicon? I don't think so.

I will be checking this thread frequently.

HardLoper wrote:

I agree, except for... wrote:

Nuclear power has nothing to do with solar efficiency.

Who said anything about solar efficiency? Battery efficiency affects demand for nuclear energy and nuclear potentially affects demand for solar energy too (since nuclear is cheaper).

How about you put your money where your mouth is and make a purchase of a decent amount of shares in nuclear energy. Post your receipt here. I'd love to see how confident you really are.

You truly sound like a looney claiming that a tesla is going to explode from battery malfunction. Maybe if the scientists who deny climate change designed teslas that was plus be the case.

Trump knows something. I'm lookingto invest in coal powered cars. What company is leading that sector?

rojo wrote:

Flat Lining wrote:

Tesla is taking an all-in approach to electric and is far ahead of the US automakers which are taking the wait-and-see approach.

That's just not true. The Chevy Bolt is far ahead of anything Tesla has ever made in terms of price/range.

Rojo, the post says "all-in approach". Tesla does not make gasoline fueled vehicles. The Chevy Bolt is a wait-and-see vehicle. The vast majority of Chevrolet vehicles are gasoline fueled.

If you can understand the above you will understand why Tesla has more potential for upside than Chevrolet has.

Ford is the past. Tesla is the future.

Ford has been around for a 100 years. When was the last time they were at the cutting edge of something? Sure, they sell a lot of cars now. But if Tesla is able to deliver on affordable cars for the masses, then Ford would lose a massive amount of market share. I would divest in Ford while you're ahead. They are a dying company.

dutiest wrote:

Apple has been criticized for years even as it has so often run out 5-10 billion dollar profits per quarter and holds well over $100 billion in cash in tax havens with no idea of what to do with it.

The money is not in "tax havens." It was earned by sales in foreign countries using products made in foreign countries and sold by foreign employees. In other words no Good Old USA involvement. The engineering and design was partly done in the USA and the money those people made was taxed in the Good Old USA. But a part of the engineering and design is done in foreign countries.

The US has no claim to that "tax haven" money. But the US could provide incentives to Apple to get them to invest that foreign money in the US. The US wants to tax that money as if it was all made in the US so Apple pays the foreign taxes and the money stays out of the US. Apple will continue to expand Globally while the US is left out of the "tax haven" money.