But it's not.
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
Crypto is doing it's bit to raise the boats. Literally.
Climate change resolution, societally, is pertinent and has to happen. As an investment, I think the "has to happen" part is more important to de-risking the investment and the "pertinent" part is less attributed to Tesla.
For example, mass adoption of EVs and Clean Energy infrastructure is agreed upon as "has to happen", so its a lucrative investment. Now, when that actually happens and how is up to the market and the competitors within it. Lots of pathways on how to achieve this goal in terms of when. The best products/services are still moated well around Tesla for EV and Clean Energy over the long-term.
So, if I'm to guess...then I think Tesla is going to be worth a lot over a long enough time horizon. In the short-term, who knows?
No. Though, I bet you many are wondering if AI can come up with better solutions to fix the climate crisis than Tesla. Same goes with changing the population to adapt to the climate crisis as so much is being funded into healthcare right now too.
Yes, it has to happen. But right now, few are acting that way. If the "when and how" is left up to the market, it won't happen fast enough. Physics doesn't care about the free market.
So, if we are to fix the problem it will be up to governments, not the market.
As I said a few days ago, I do expect to reach a point where governments finally realize how badly they procrastinated. It will be too late to avoid monumental damage, but at that point they will be willing to pay companies like Tesla anything they ask for.
Krugerrand
Meow
MartinAustin
Active Member
That's the factory rubber. They're kind of a hybrid AT really.
That appears to be true right now. But when the incentive is high enough, they won't care about Elon's politics.
Just look at Starlink. Starlink is vital to Ukraine and the US military more than happy to pay Elon to make sure it is operational.
Buckminster
Well-Known Member
If bitcoin was going nowhere, it would have arrived there already.
If enough people believe something is valuable and it’s rare enough, it becomes valuable. Nothing beneficial from it is needed. The world is full of things whose perceived value far exceeds their utility.
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This seems like a demand lever, right? I wonder if pricing has caused some not to configure.
Likely the pricing of $TSLA rather than the CT.
WAY OT (somewhat. but quite appropriate to BTC)
@Tony73
December, 1963, Galaxy Magazine
story
"The Big Pat Boom", by Damon Knight
pp 82 - 88 pdf link included
Galaxy v22n02 (1963 12) : Free Download, Borrow, and Streaming : Internet Archive
(Contents information excerpted from The Internet Speculative Fiction Database)Art:The Star King (Part 1 of 2) by Ed EmshwillerThe Star King (Part 1 of 2) [2]...
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This reminds me of the movie "The Lost Leonardo" I've always understood why rare paintings are valuable, especially when they are by a dead artist, or by a student working with that artist. And whether or not they are, can sometimes be hard to determine,
At one time in history, I could even be convinced that Tulips were rare, and served a useful purpose..
I would question if a group of people believing something actually means that it is true, because at one time the majority of people believed that the sun orbited the earth.
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The requirements are steep.
First you need to own at least 500 shares
You also need to have not sold more than 50% of your shares since Feb 28 2021.
So you can have 50k shares but sold 30k shares leaving you 20k shares left and deemed ineligible. This is more of a loyalty test if anything.
Yes there are other items like that. Never said anything about BTC being the only non-beneficial item out there. It’s just on the pile with the rest of the non-beneficial items.
But it will probably go to a million or more and make lots of people rich at the expense of pollution. Yay. /s
I think you're right. That's certainly the case for us. I waited to reserve, expecting to buy one in 2025 or 2026.
If TSLA is trading at $400, I would absolutely order one now. But no way can I justify it with TSLA <$200.
Yeah, it's messed up because a person can have multiple accounts.
One account with 500/500 and you're fine, even if total holdings are 2,000/500 due to liquidating another account with 1,500...
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