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Tesla hits $1T market cap

I can’t tell you how many on PDF told me Tesla would never reach $1T. Here we are a year later, and myself over $300k in profit, laughing our asses off.


That is great, but is that 300k realized or unrealized capital gains right now? What happens when the CEO is high on a blunt and tweets something stupid again? :D
 
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I am in no way a Tesla hater and Elon Musk has proved that an electric car can be as good if not better than a petrol/diesel one.

However, Tesla do not have unique technology like Apple(M1 chips and MACOS) does and they will be caught up rapidly by the established car makers. In Europe VW has 22% of the EV market and they are ramping up and will soon surpass Tesla's 24%.

Apple, Microsoft and Amazon are really worth more than 1 trillion US dollars but Tesla maybe 100 billion US dollars at most.
 
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That is great, but is that 300k realized or unrealized capital gains right now? What happens when the CEO is high on a blunt and tweets something stupid again? :D


Why sell when I can hold to 2030, become a multimillionaire, and retire early at 40? Short term corrections mean little to me, I just buy the dip. Tesla’s trend is massively up. We’re in inning 2 of 9.
I am in no way a Tesla hater and Elon Musk has proved that an electric car can be as good if not better than a petrol/diesel one.

However, Tesla do not have unique technology like Apple(M1 chips and MACOS) does and they will be caught up rapidly by the established car makers. In Europe VW has 22% of the EV market and they are ramping up and will soon surpass Tesla's 24%.

Apple, Microsoft and Amazon are really worth more than 1 trillion US dollars but Tesla maybe 100 billion US dollars at most.

Oh boy this won’t end well. I’m saving this for future accountability.
 
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Why sell when I can hold to 2030, become a multimillionaire, and retire early at 40? Short term corrections mean little to me, I just buy the dip. Tesla’s trend is massively up. We’re in inning 2 of 9.

So unrealized. But it sounds like a plan! Good luck!
 
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I am in no way a Tesla hater and Elon Musk has proved that an electric car can be as good if not better than a petrol/diesel one.

However, Tesla do not have unique technology like Apple(M1 chips and MACOS) does and they will be caught up rapidly by the established car makers. In Europe VW has 22% of the EV market and they are ramping up and will soon surpass Tesla's 24%.

Apple, Microsoft and Amazon are really worth more than 1 trillion US dollars but Tesla maybe 100 billion US dollars at most.

Well they better get going as the Tesla Model 3 was the top selling car overall in Europe in September (yes, that includes gasoline/diesel cars too!).

Screen Shot 2021-10-26 at 4.10.42 PM.jpg
 
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Tesla :coffee:

For a company which has made no profit , every one sure believe in this company
 
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Tesla :coffee:

For a company which has made no profit , every one sure believe in this company

LOL! Why do you keep repeating that lie over and over and over month after month?
You love living in a perpetual ignorance stupor with sour grapes or something?

6 days ago 3rd quarter 2021

2nd quarter 2021

1st quarter 2021

4th quarter 2020

3rd quarter 2020

2nd quarter 2020

1st quarter 2020
 
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Greatest speculative mania since the tech bubble in the late 1990’s and early 2000’s. Tesla market cap might go to $2 trillion before it comes crashing down once the bubble pops.

1635304187741.png
 
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Sir G, why one should hate good technology? It is for the benefit of all alike.
I will always go for good tech in reference to what I could afford else it would remain on my wish list.

O bhai, pls don't call me sir. :pissed:

Bro, bhai or something more "equal" is better.

Moving onto your question....it's not about hating the "good tech" but who own the tech. :D

Whoever owns a superior tech is gonna be the envy of a lot of people and those same people are going to downplay that tech. As has been seen and can still be today on this forum and the wider internet. :)
Tesla :coffee:

For a company which has made no profit , every one sure believe in this company


No profit?? :cheesy:



Basic internet search:

1635305639539.png



:rolleyes:
 
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P/E ratio of 329!! When (and there will be a crash at some point), it will crash like anything.
I read something interesting sometime back. US share market capitalisation to GDP ratio is the highest among large nations. That's double for that of China, as an example.
 
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Greatest speculative mania since the tech bubble in the late 1990’s and early 2000’s. Tesla market cap might go to $2 trillion before it comes crashing down once the bubble pops.

View attachment 787990
The excitment of making money from a rising stock is too strong for young people to beleive that it can come down one day.
It happens in every crash.
Tesla stock price is contrary to all the basic rules of stock valuation. The main worry for any stock holder should be to be able to sell in time.
 
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it's the same as the Gmestop meme stock.


The questions to ask yourself is this?

Just how much can all the car companies in the world be worth once the transition to EV vehicles has been made?

How much of a share can Tesla have after the market has settled down and the other car companies(VW/Toyota etc) have easily replicated exactly what Tesla has done?

There is absolutely nothing unique about Tesla as in either battery technology or indeed the self-automation software. They may be a little ahead in automation but the other car companies have got hundreds if not thousands of the best software engineers on the planet also working in this area. Even then Tesla has overhyped the automation as it is only practical for motorway driving as the AI and road infrastructure would need to be radically improved to even think of autonomous cars in the towns and cities.

Tesla has done a great job by gaining an early lead in compelling EV vehicles but they are and will be caught up by the end of this decade, then will end up as one of the major players in this field but probably without a ridiculous trillion US dollar valuation.
 
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