We Don’t Need No Flaming Sparky Cars, Rats Jumping Edition

Discussion in 'Environment' started by Weatherman2020, Aug 18, 2018.

  1. Weatherman2020
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    Weatherman2020 Educating Libs Since 1978

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  2. fncceo
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    fncceo Gold Member

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    Somehow, I thought the car of the future would be way cooler...

    [​IMG]
     
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  3. Weatherman2020
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    Weatherman2020 Educating Libs Since 1978

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    And it flies.
     
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  4. Old Rocks
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    Old Rocks Diamond Member

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    Tesla

    In February, with Tesla trading at $280, Goldman Sachs downgraded it to a sell causing a quick downdraft which accelerated after UBS issued a sell recommendation soon after. A week later, Gorden Lamtold us he was buying on the pullback. Today, the stock is at $338.

    Goldman and UBS think Tesla is overvalued because they compare it to other car companies. For example, Ford had sales of $151 billion in 2016 and has a market cap of $47 billion. Tesla’s 2016 sales were $4 billion but its market cap is $56 billion.





    Sound compelling? Ten years ago, Wall Street used to compare Apple to Microsoft to make the case that Apple was overvalued at $22. Just as Microsoft was not a good comp for Apple then, Ford is not a good comp for Tesla now. Here’s why.

    As Gorden said in February, electric cars are only Tesla’s first initiative. The products that Tesla will create in the next 10 years will “change the way we view renewable energy, transportation, and commerce.”

    3 Stocks Like Apple Was 10 Years Ago: Tesla, Nvidia And Alibaba

    I think that Tesla is the wave of the future. A young company with some teething problems, but with many products already proving their worth.
     
  5. Old Rocks
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    Old Rocks Diamond Member

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    Dumb looking vehicle. Wasted space all over the vehicle. Probably would have handled like a 1950's pig. Here is a car that handles well, 0 to 60, 1.9 seconds. 0 to 100 in 4 seconds. 8.8 quarter mile. 250+ mph top end. All for only $250,000. 600 miles per charge. And that is the base model.

    [​IMG]

    That is what a real roadster looks like.
     
  6. fncceo
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    fncceo Gold Member

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    I should buy one quick. When Tesla goes into Chapter 11, they'll become as rare as Deloreans.
     
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  7. Old Rocks
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    Old Rocks Diamond Member

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    You silly asses have been predicting that since Tesla started. Looks to me as if Musk will make it, and become one of the richest men in the world. Even if he goes broke, he will have made a difference. Which is more than most of us, including you, can say.
     
  8. skookerasbil
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    skookerasbil Platinum Member

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    :auiqs.jpg::auiqs.jpg::auiqs.jpg:
     
  9. skookerasbil
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    skookerasbil Platinum Member

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    Lol.....that's a fake car to over 99% of the public. You see....costs matter but not the progressives who navigate every day in makey-uppy land. That goofy roadster costs.....ready for this.....$250,000.00!!:ack-1::ack-1: And you drive for awhile and have to pull into some side of the road charge station and sit for an hour where the social oddball types who actually buy these cars are whipping out their pudleys for a few pulls. C'mon now....one can grab a 911 TurboS for cheaper.

    The normal Teslas are styled like Nissan Altima's with some aftermarket parts.

    Battery technology is gonna have to come into the 21st century before Tesla ever becomes more than a niche part of the market. Selling 200,000 cars is laughable
    :cul2::cul2:
     
    Last edited: Aug 20, 2018
  10. skookerasbil
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    skookerasbil Platinum Member

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    Many bigs in the car industry like Roger Penske ( what would he know? :spinner:) says good chance Tesla goes down.:springbed:. Too....in the real world, if you are Musk, you are fucking with alooooooooot of people. Billions of dollars across many markets. And we all know how that works out.....in the real world.:113:
     
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    Last edited: Aug 20, 2018

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