This is probably one of the tax incentives that does not make sense, IMHO
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
IMO majority of the market is overvalued right now. What are they trying to do, buy the election?
Maybe they had the first prototype battery cell line working and need money to replicate it?
Krugerrand
Meow
Working around the clock; that’s what I like to see.
Yes. Trying to keep the economy hot. This is going to hurt during the next recession with record debt and no available monetary policy available.
Except it will be an "approved list" where you get an incentive to sell Tesla.
Anecdotal data point: Tesla insurance
Tossed another coin to my witcher last night and purchased a Tesla insurance policy for our Model X. The price was $20/mo less than the quote I received from my existing insurance agent, despite the latter quote pricing in loyalty, multi-car, and multi-line discounts. I'll lose out on the savings by losing the multi-car discount on our other vehicle, but I'd much rather kick the policy premium to Tesla than State Farm.
Since I haven't seen any quotes for Model X coverage elsewhere I thought people may be interested to know the premium cost (without going into too many details): ~$120/mo.
EDIT: Oh, I also forgot to add that the comp/collision deductibles for the Tesla policy are $100/$100 as opposed to $500/$500 as quoted from State Farm. So even better than a straight apples-to-apples comparison.
Tossed another coin to my witcher last night and purchased a Tesla insurance policy for our Model X. The price was $20/mo less than the quote I received from my existing insurance agent, despite the latter quote pricing in loyalty, multi-car, and multi-line discounts. I'll lose out on the savings by losing the multi-car discount on our other vehicle, but I'd much rather kick the policy premium to Tesla than State Farm.
Since I haven't seen any quotes for Model X coverage elsewhere I thought people may be interested to know the premium cost (without going into too many details): ~$120/mo.
EDIT: Oh, I also forgot to add that the comp/collision deductibles for the Tesla policy are $100/$100 as opposed to $500/$500 as quoted from State Farm. So even better than a straight apples-to-apples comparison.
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So, if I understand correctly, if we want the bears to feel max pain, which of course we do
, we should hope for a closing price above 800?
Fact Checking
Well-Known Member
Btw., "RT" is a Russian outlet, and this report is trying to inflame public opinion by not mentioning key facts, such as that Tesla is planting 3x as many trees, or the wildfire risk of these dense, monoculture pine forests.
The Russian anti-EV disinformation campaign is in full swing in Germany too.
Cirrus MS100D
Member
Some folks at the office were talking Tesla today and know "I'm that Tesla guy" and the topic of "Yeah, but for most folks, Tesla's are just too expensive right now... when Model 3 prices are more in-line with similar ICE... blah blah..."
While I don't disagree that the average person who has a hard budget of $20k is going to be able to make a stretch person for a Model 3, I pointed out that, thanks to Apple, "we" as customers have now been re-calibrated to see a $1000 smart phone as the going rate for "current/latest" technology. We were accustomed to getting crappy smartphones for $100-200 (often subsidized by the carriers...), $200-300 for the first iPhones, but then the iPhone 7 came out and we saw $650-800. Now we see $1200, roll our eyes, and plunk down the cash because Apple has re-calibrated our view of this thing in our pocket from "nice to have" to "I spend so much time using this product that they literally invented the technology to help me stop using it so much," ergo, many folks are fine with the massive price increase.
Tesla has re-calibrated us similarly to the cost of their product because of the value proposition - this isn't an ICE with batteries, it's truly a different class of product altogether.
Dare I say it on this Valentine's day: It's LOVE!
(apologies to Subaru)
While I don't disagree that the average person who has a hard budget of $20k is going to be able to make a stretch person for a Model 3, I pointed out that, thanks to Apple, "we" as customers have now been re-calibrated to see a $1000 smart phone as the going rate for "current/latest" technology. We were accustomed to getting crappy smartphones for $100-200 (often subsidized by the carriers...), $200-300 for the first iPhones, but then the iPhone 7 came out and we saw $650-800. Now we see $1200, roll our eyes, and plunk down the cash because Apple has re-calibrated our view of this thing in our pocket from "nice to have" to "I spend so much time using this product that they literally invented the technology to help me stop using it so much," ergo, many folks are fine with the massive price increase.
Tesla has re-calibrated us similarly to the cost of their product because of the value proposition - this isn't an ICE with batteries, it's truly a different class of product altogether.
Dare I say it on this Valentine's day: It's LOVE!
(apologies to Subaru)
GM is starting to feel a supply chain squeeze due to coronavirus. (in addition to outright production stoppages in Hubei)
Coronavirus pinching car-industry supply chains
Coronavirus pinching car-industry supply chains
mejojo
Active Member
...and a lot of naive people with distressed stock accounts......
Motor Mouth
Member
This does emphasize the failing to come close to that low-end market for EV's in general. TSLA's the closest, but there is an enormous addressable market if any auto maker can get even a semi-viable vehicle into that $25K range.
That attitude is silly because a model 3 lines up very well against 3 series BMWs in terms of price and features. "too expensive" is just a lazy dodge so they don't have to think.
Artful Dodger
"Neko no me"
Related to KarenRei's strategies about selling on the way up and buying on the way down, I'd like to do that with a sold put. I've sold puts before when the stock price was lower. I've got about $30k, which worked to sell 1 put when the stock was $300....I can't do that now, I can't cover the cost of a $600 put if exercised.
Seems like selling puts as a way to set a stock buy price isn't an option (no pun intended) with the stock at the price it's at and my budget. I've heard here about some places letting you buy fractions of a share. Is there an equivalent alternative to buy/sell fractions of a put/call?
Seems like selling puts as a way to set a stock buy price isn't an option (no pun intended) with the stock at the price it's at and my budget. I've heard here about some places letting you buy fractions of a share. Is there an equivalent alternative to buy/sell fractions of a put/call?
I find it cute that Bulls and Bears try to control today's narrative like MM gives a. 800 is what they want, 800 is what they will get.
Carl Raymond
Active Member
Devils advocate, assume you are right.
Where do the CPU, the software, the sensor-suite, the non-skateboard-CPU-interacting components fit into this scenario? Buying the skateboard is buying just a fifth (say) of the Tesla integrated package.
Without at least the CPU and the software, you still don’t get Tesla efficiency. To get Tesla range you now need to match mass and drag, good luck. Now that you have the CPU, you want non-skateboard components that talk to it - who will supply those at scale? Do Tesla supply software source code or compiled only. The former is a security risk, the latter makes Tesla responsible for updates - both unattractive.
Splitting out the skateboard not so simple as it seems, imho.
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