discussion comment
a year ago
From Twitter
Janet Yellen: “If the debt ceiling isn’t raised, there would be hard choices to make about what bills go unpaid.”
Wanna guess which bills will not go unpaid?
ILLEGALS cellphones.
ILLEGALS hotel lodging.
ILLEGALS medical.
ILLEGALS monthly assistance.
AND OF COURSE ZELENSKYS WELFARE CHECKS!
discussion comment
a year ago
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Papi_ChuloMiami, FL (or the nearest big-booty club)
And, as best I can tell, none of the value from this energy business is included in Tesla stock value. It just hasn’t gotten on the radar of the stock analysts, who view Tesla as a car company.
discussion comment
a year ago
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Papi_ChuloMiami, FL (or the nearest big-booty club)
Another business segment in its infancy where Tesla is the leader is large scale energy storage. These are huge batteries that are sold to utilities and large companies. They store energy when the grid has excess capacity ( early morning ) and release it when demand peaks. They can also be used as backup power. Or, they can be integrated with wind and solar farms.
This is a new business where demand has exploded. The total potential market is trillions of dollars. Tesla has a backlog in years of orders. Their profit margin on their battery systems is 40%. They are scrambling to add capacity.
discussion comment
a year ago
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Papi_ChuloMiami, FL (or the nearest big-booty club)
At the moment, Tesla stock is up 3% on the day. It’s up nearly 20% in the last 30 days, when I went all in on Tesla. The trend is your friend.
Of course, it could all come crashing down but I’m betting it won’t.
discussion comment
a year ago
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Papi_ChuloMiami, FL (or the nearest big-booty club)
The difference between those 5 stocks, and Tesla, is that Tesla is still in its infancy in most of its business segments. Tesla is innovating, and taking chances, in ways that more established tech companies no longer do.
But, unlike other tech start ups, Tesla can use its car business to self fund all its other initiatives.
discussion comment
a year ago
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Papi_ChuloMiami, FL (or the nearest big-booty club)
Tesla is using its AI, called Dojo, to train machines ( in this case cars ) to emulate human activity. They have millions of miles of video and other data about driving which they’ve fed into Dojo. Then, using AI, Dojo has figured out how best to drive in every situation. Then, it teaches the car how to do this.
I always figured self driving was a pipe dream. A thousand programmers could spend a hundred years writing code and never anticipate every driving situation. AI has solved that problem.
All the other AI companies are doing things like writing papers or researching science. No other company is using AI to train machines.
That’s where robotics comes in. Other robotics companies, like Boston Dynamics, write code to tell their humanoid robots to carry out specific tasks. Only Tesla is combining AI with robotics to train machines to carry out complex tasks currently done by humans.
For example, Tesla feeds data into Dojo about how factory workers do their jobs in various situations, then trains the robots to do this.
The robots are fairly simple to make. By adding AI software, the robots become extremely valuable. They can be trained to perform any repetitive job that human workers now perform.
You might build a $10,000 robot then sell it for $200,000 after training it with AI.
It’s the unique combination of AI with humanoid robots that sets Tesla apart from everyone else.
Elon Musk described Tesla’s business as a factory builder. With robotics, they could build automated factories for every industry.
discussion comment
a year ago
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Papi_ChuloMiami, FL (or the nearest big-booty club)
I’ve been a steady index fund investor all my life, except when I made a big bet on Apple, made some money, and sold much too soon. This time, I plan to stay invested in Tesla a few years and see what happens.
discussion comment
a year ago
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Papi_ChuloMiami, FL (or the nearest big-booty club)
https://youtu.be/pbRoQ1cZDXo
discussion comment
a year ago
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Papi_ChuloMiami, FL (or the nearest big-booty club)
https://youtu.be/gLpFfZjKhWU
discussion comment
a year ago
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Papi_ChuloMiami, FL (or the nearest big-booty club)
Let’s not forget the dirty dozen. He had a great scene dropping grenades on Nazis,
discussion comment
a year ago
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Papi_ChuloMiami, FL (or the nearest big-booty club)
In answer to the original question, I think it all depends on whether Biden agrees to a budget deal that accepts a lot of what House Republicans have passed.
The Fed has been trying to use Monetary policy to fix a Fiscal problem caused by government spending. If we get government spending under control, the economy will get much better very quickly.
discussion comment
a year ago
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Papi_ChuloMiami, FL (or the nearest big-booty club)
“ I just can't stomach putting more than 15% or so in a single stock.”
Neither could I until I analyzed Tesla. The upside potential from all these business segments is staggering. They have $20 Billion in cash and no debt. They are self funding all their growth. I just don’t see much downside.
Now, I kept enough money in cash and index funds so that I’ll be fine if Tesla goes in the crapper but I don’t think they will.
discussion comment
a year ago
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Papi_ChuloMiami, FL (or the nearest big-booty club)
A big part of Tesla’s value will come from Robotaxis.
Once Tesla figures out self driving ( likely in the next 12 months ), it’s a simply matter to configure a car to provide rides on demand without a driver. You use a $25,000 car which requires little fuel cost and no human labor to provide provide ride service for the life of the car. That might be a million dollars of revenue for each $25,000 car.
Once these are in place, the economics of ground transportation changes, especially in cities. If you can use an app to summon a car to transport you across town for $5, there is less need for everyone to own a car. Then, you no longer need parking lots. Etc.
The only thing stopping this is safe self driving software and Tesla is very close to that.
discussion comment
a year ago
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Papi_ChuloMiami, FL (or the nearest big-booty club)
Cathy Wood at Ark Investment predicts Tesla stock will be $2,000 by 2027. It’s currently $180 ( $160 a month ago ).
After doing my own research, I believe she is in the right ballpark.
I guess I’ll find out.
discussion comment
a year ago
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Papi_ChuloMiami, FL (or the nearest big-booty club)
For the first time in my long life, I’ve put a significant portion of my net worth into a single stock. Tesla.
I did this after a deep dive into all its business segments. I’m convinced this is similar to getting into Apple just before the iPhone. An explanation would take a half hour, so I won’t go into it.
There are about a dozen products and services I expect them to unveil over the next 18 months. I expect each announcement will cause the stock to pop. Their energy, artificial intelligence, robotaxi, self driving, and robotics businesses could all be trillion dollar businesses The current stock value doesn’t consider any of these businesses.
In just the first month, I’m up 10%. A good start.
discussion comment
a year ago
Biden: “ They want to put you in chains ! “
Does anyone still believe that ?
discussion comment
a year ago
I’ve read lots of suggestions about the need to establish a Welcome Wagon ( am I showing my age ? ) for educating people moving from Blue States to Red States. There are some pretty funny videos along that line.
discussion comment
a year ago
“California's budget deficit has soared to nearly $32 billion, Gov. Gavin Newsom said Friday “
discussion comment
a year ago
question on Quora...
"I am moving out of California due to the crime and homelessness for Florida, yet I do not want to be around the MAGA conservatives, what cities would be the best to look at when we start looking for a new home there?"
Suggestions ?
discussion comment
a year ago
Tax receipts for the state of New York are down a massive 40% from last April. I think the smart voters are fleeing to Florida and Texas.
A day of reckoning is coming for the blue states.
discussion comment
a year ago
The reason poor people voted for Trump is they believe they can be rich someday. All the Dems offer them is welfare and food stamps.
discussion comment
a year ago
Yesterday, Biden told the leaders of the G7 that he convinced Australia, Japan, and India to form an organization called the Quad. Prime Minister Kishida had to remind him that Trump actually put the organization together. Oops…
discussion comment
a year ago
BIDEN: "I've spoken at length with President Loon of South Korea."
South Korea's president is Yoon Suk Yeol.
- My first ROB experience -Alexis and bartender
I avoid any dancer who says she charges more for lapdances than the going rate. In my experience, it’s always a sign that she is hustling you.
I always find the dancer gets pissed off when she says “ I charge more for floor dances, but it’s worth it” and I say no.
discussion comment
a year ago
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Papi_ChuloMiami, FL (or the nearest big-booty club)
A new Tesla Model 3 sedan will be revealed soon. Days or weeks away.
I’m curious to see the price. The new Model 3 has been designed for manufacturing efficiencies.
The least expensive Model 3 currently is $36,250 ( $40,000 minus a $3,750 tax credit ). I would not be surprised if the new net cost was under $35,000. If the battery is made in US, qualifying for the full tax credit, it should be closer to $30,000. That would be a hell of a bargain.