Champ Bailey said:

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LOYAL AG said:

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pfo said:

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Cathie Wood of ARK was on CNBC Monday talking about Tesla. She said they invented their own AI chip and are way ahead of Nvidia. She also said they have so much more data than everybody else and will dominate autonomous driving vehicles, which will be huge. She went on to say Tesla is so far ahead of everybody else the others will never catch up.

I was very impressed to learn Tesla could repair your car remotely by accessing your software.

Initially I made the mistake of valuing Tesla as a car company. Now I view Tesla as a technology company, invented and run by a genius that is changing the world. Musk is also Tesla's largest shareholder so his money is where his mouth is.

This summer we were in our boat in the Gulf awaiting the return of one of Musk's spaceships which was landing on a dime out there. And I thought "I'm making a mistake not investing in this genius". I finally bought the stock at $314.

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This is a valid take. Maybe not perfect, time will tell. But it's most definitely not just a car company. For example TESLA is also getting into the home power backup market with their Powerwall units. Right now you can go to Tesla.com/powerwall, enter your address and monthly utility bill and they will tell you the installed cost of solar panels for your home, the cost of however many Powerwalls it will take to support your home off the electric grid for in my case 10 days and any tax or utility incentives that may be available. IMO they will find countless other ways to leverage their head start in rechargeable battery technology and be a strong performer for a lengthy period of time.

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What's the advantage of the power wall vs a generator? Just that I don't need to keep diesel around?

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They don't sell the Powerwall without solar panels. With that combo you're home can run for a really, really long time particularly in sunny Texas. I agree with whomever made a comment about it being a fanatical prepper thing but I don't think there's a much better solution on the market today for extended off the grid power than to have solar panels and batteries. I have a propane tank in my yard and I'm thinking about installing a propane powered Generac because it's $4K vs. the $60K Tesla wants but I can't deny that their solution would last infinitely longer than would the propane in my tank. It's silent and requires no consumable fuel. That's an excellent solution.

Don't let your political leanings cloud your investment judgement.

I got in Tesla when it was $93/share (before the split) and it's been the third biggest moneymaker outside of AMZN and MSFT.

Irish 2.0 said:

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Look at market techincals. Most of the stocks that had damn near parabolic moves during COVID are taking it on the chin during this correction in tech. TSLA is getting hit hard, but so are others. TSLA will see highs again before it sees lows again.

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LOYAL AG said:

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Champ Bailey said:

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LOYAL AG said:

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pfo said:

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Cathie Wood of ARK was on CNBC Monday talking about Tesla. She said they invented their own AI chip and are way ahead of Nvidia. She also said they have so much more data than everybody else and will dominate autonomous driving vehicles, which will be huge. She went on to say Tesla is so far ahead of everybody else the others will never catch up.

I was very impressed to learn Tesla could repair your car remotely by accessing your software.

Initially I made the mistake of valuing Tesla as a car company. Now I view Tesla as a technology company, invented and run by a genius that is changing the world. Musk is also Tesla's largest shareholder so his money is where his mouth is.

This summer we were in our boat in the Gulf awaiting the return of one of Musk's spaceships which was landing on a dime out there. And I thought "I'm making a mistake not investing in this genius". I finally bought the stock at $314.

---

This is a valid take. Maybe not perfect, time will tell. But it's most definitely not just a car company. For example TESLA is also getting into the home power backup market with their Powerwall units. Right now you can go to Tesla.com/powerwall, enter your address and monthly utility bill and they will tell you the installed cost of solar panels for your home, the cost of however many Powerwalls it will take to support your home off the electric grid for in my case 10 days and any tax or utility incentives that may be available. IMO they will find countless other ways to leverage their head start in rechargeable battery technology and be a strong performer for a lengthy period of time.

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What's the advantage of the power wall vs a generator? Just that I don't need to keep diesel around?

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They don't sell the Powerwall without solar panels. With that combo you're home can run for a really, really long time particularly in sunny Texas. I agree with whomever made a comment about it being a fanatical prepper thing but I don't think there's a much better solution on the market today for extended off the grid power than to have solar panels and batteries. I have a propane tank in my yard and I'm thinking about installing a propane powered Generac because it's $4K vs. the $60K Tesla wants but I can't deny that their solution would last infinitely longer than would the propane in my tank. It's silent and requires no consumable fuel. That's an excellent solution.

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You can get battery back up systems for a lot less than 60k....

Maybe not a large or full home power, but there are some battery stakes out there with solar that can run a lot of home equipment if power goes out.

bmks270 said:

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LOYAL AG said:

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Champ Bailey said:

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LOYAL AG said:

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pfo said:

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Cathie Wood of ARK was on CNBC Monday talking about Tesla. She said they invented their own AI chip and are way ahead of Nvidia. She also said they have so much more data than everybody else and will dominate autonomous driving vehicles, which will be huge. She went on to say Tesla is so far ahead of everybody else the others will never catch up.

I was very impressed to learn Tesla could repair your car remotely by accessing your software.

Initially I made the mistake of valuing Tesla as a car company. Now I view Tesla as a technology company, invented and run by a genius that is changing the world. Musk is also Tesla's largest shareholder so his money is where his mouth is.

This summer we were in our boat in the Gulf awaiting the return of one of Musk's spaceships which was landing on a dime out there. And I thought "I'm making a mistake not investing in this genius". I finally bought the stock at $314.

---

This is a valid take. Maybe not perfect, time will tell. But it's most definitely not just a car company. For example TESLA is also getting into the home power backup market with their Powerwall units. Right now you can go to Tesla.com/powerwall, enter your address and monthly utility bill and they will tell you the installed cost of solar panels for your home, the cost of however many Powerwalls it will take to support your home off the electric grid for in my case 10 days and any tax or utility incentives that may be available. IMO they will find countless other ways to leverage their head start in rechargeable battery technology and be a strong performer for a lengthy period of time.

---

What's the advantage of the power wall vs a generator? Just that I don't need to keep diesel around?

---

They don't sell the Powerwall without solar panels. With that combo you're home can run for a really, really long time particularly in sunny Texas. I agree with whomever made a comment about it being a fanatical prepper thing but I don't think there's a much better solution on the market today for extended off the grid power than to have solar panels and batteries. I have a propane tank in my yard and I'm thinking about installing a propane powered Generac because it's $4K vs. the $60K Tesla wants but I can't deny that their solution would last infinitely longer than would the propane in my tank. It's silent and requires no consumable fuel. That's an excellent solution.

---

You can get battery back up systems for a lot less than 60k....

Maybe not a large or full home power, but there are some battery stakes out there with solar that can run a lot of home equipment if power goes out.

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Never said you couldn't. About half of that is the solar panels by the way. In fact I think it was about 55% solar. I honestly have no idea what solar panels or batteries for my house would cost from anyone else as I've not shopped it. Not sure that's the point. I responded to a post about a generator as an alternative to Powerwall and that's not really an apples to apples comparison. For $60K they are telling me my home will never be without electricity. No generator can do that without support from another product, ie diesel or propane. The real though point is that Tesla is more than a car company which is part of what this thread is about and they entering other markets with their premium brand name and their battery technology.

LOYAL AG said:

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bmks270 said:

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LOYAL AG said:

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Champ Bailey said:

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LOYAL AG said:

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pfo said:

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Cathie Wood of ARK was on CNBC Monday talking about Tesla. She said they invented their own AI chip and are way ahead of Nvidia. She also said they have so much more data than everybody else and will dominate autonomous driving vehicles, which will be huge. She went on to say Tesla is so far ahead of everybody else the others will never catch up.

I was very impressed to learn Tesla could repair your car remotely by accessing your software.

Initially I made the mistake of valuing Tesla as a car company. Now I view Tesla as a technology company, invented and run by a genius that is changing the world. Musk is also Tesla's largest shareholder so his money is where his mouth is.

This summer we were in our boat in the Gulf awaiting the return of one of Musk's spaceships which was landing on a dime out there. And I thought "I'm making a mistake not investing in this genius". I finally bought the stock at $314.

---

This is a valid take. Maybe not perfect, time will tell. But it's most definitely not just a car company. For example TESLA is also getting into the home power backup market with their Powerwall units. Right now you can go to Tesla.com/powerwall, enter your address and monthly utility bill and they will tell you the installed cost of solar panels for your home, the cost of however many Powerwalls it will take to support your home off the electric grid for in my case 10 days and any tax or utility incentives that may be available. IMO they will find countless other ways to leverage their head start in rechargeable battery technology and be a strong performer for a lengthy period of time.

---

What's the advantage of the power wall vs a generator? Just that I don't need to keep diesel around?

---

They don't sell the Powerwall without solar panels. With that combo you're home can run for a really, really long time particularly in sunny Texas. I agree with whomever made a comment about it being a fanatical prepper thing but I don't think there's a much better solution on the market today for extended off the grid power than to have solar panels and batteries. I have a propane tank in my yard and I'm thinking about installing a propane powered Generac because it's $4K vs. the $60K Tesla wants but I can't deny that their solution would last infinitely longer than would the propane in my tank. It's silent and requires no consumable fuel. That's an excellent solution.

---

You can get battery back up systems for a lot less than 60k....

Maybe not a large or full home power, but there are some battery stakes out there with solar that can run a lot of home equipment if power goes out.

---

Never said you couldn't. About half of that is the solar panels by the way. In fact I think it was about 55% solar. I honestly have no idea what solar panels or batteries for my house would cost from anyone else as I've not shopped it. Not sure that's the point. I responded to a post about a generator as an alternative to Powerwall and that's not really an apples to apples comparison. For $60K they are telling me my home will never be without electricity. No generator can do that without support from another product, ie diesel or propane. The real though point is that Tesla is more than a car company which is part of what this thread is about and they entering other markets with their premium brand name and their battery technology.

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You could buy 10 generators for that amount. You won't be without power.

bmks270 said:

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LOYAL AG said:

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bmks270 said:

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LOYAL AG said:

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Champ Bailey said:

---

LOYAL AG said:

---

pfo said:

---

Cathie Wood of ARK was on CNBC Monday talking about Tesla. She said they invented their own AI chip and are way ahead of Nvidia. She also said they have so much more data than everybody else and will dominate autonomous driving vehicles, which will be huge. She went on to say Tesla is so far ahead of everybody else the others will never catch up.

I was very impressed to learn Tesla could repair your car remotely by accessing your software.

Initially I made the mistake of valuing Tesla as a car company. Now I view Tesla as a technology company, invented and run by a genius that is changing the world. Musk is also Tesla's largest shareholder so his money is where his mouth is.

This summer we were in our boat in the Gulf awaiting the return of one of Musk's spaceships which was landing on a dime out there. And I thought "I'm making a mistake not investing in this genius". I finally bought the stock at $314.

---

This is a valid take. Maybe not perfect, time will tell. But it's most definitely not just a car company. For example TESLA is also getting into the home power backup market with their Powerwall units. Right now you can go to Tesla.com/powerwall, enter your address and monthly utility bill and they will tell you the installed cost of solar panels for your home, the cost of however many Powerwalls it will take to support your home off the electric grid for in my case 10 days and any tax or utility incentives that may be available. IMO they will find countless other ways to leverage their head start in rechargeable battery technology and be a strong performer for a lengthy period of time.

---

What's the advantage of the power wall vs a generator? Just that I don't need to keep diesel around?

---

They don't sell the Powerwall without solar panels. With that combo you're home can run for a really, really long time particularly in sunny Texas. I agree with whomever made a comment about it being a fanatical prepper thing but I don't think there's a much better solution on the market today for extended off the grid power than to have solar panels and batteries. I have a propane tank in my yard and I'm thinking about installing a propane powered Generac because it's $4K vs. the $60K Tesla wants but I can't deny that their solution would last infinitely longer than would the propane in my tank. It's silent and requires no consumable fuel. That's an excellent solution.

---

You can get battery back up systems for a lot less than 60k....

Maybe not a large or full home power, but there are some battery stakes out there with solar that can run a lot of home equipment if power goes out.

---

Never said you couldn't. About half of that is the solar panels by the way. In fact I think it was about 55% solar. I honestly have no idea what solar panels or batteries for my house would cost from anyone else as I've not shopped it. Not sure that's the point. I responded to a post about a generator as an alternative to Powerwall and that's not really an apples to apples comparison. For $60K they are telling me my home will never be without electricity. No generator can do that without support from another product, ie diesel or propane. The real though point is that Tesla is more than a car company which is part of what this thread is about and they entering other markets with their premium brand name and their battery technology.

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You could buy 10 generators for that amount. You won't be without power.

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And? Did you miss the part where I said I'm looking to buy a generator? It's an indisputable fact that solar panels and batteries can power a home indefinitely with no additional cost and generators cannot do that. It is unquestionably a better solution. The question is cost/benefit and everyone has to define that for themselves. I promise you there's a market for their solution and the more potentially frozen windmills Texas erects the larger it's going to become.

pfo said:

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Cathie Wood of ARK was on CNBC Monday talking about Tesla. She said they invented their own AI chip and are way ahead of Nvidia. She also said they have so much more data than everybody else and will dominate autonomous driving vehicles, which will be huge. She went on to say Tesla is so far ahead of everybody else the others will never catch up.

I was very impressed to learn Tesla could repair your car remotely by accessing your software.

Initially I made the mistake of valuing Tesla as a car company. Now I view Tesla as a technology company, invented and run by a genius that is changing the world. Musk is also Tesla's largest shareholder so his money is where his mouth is.

This summer we were in our boat in the Gulf awaiting the return of one of Musk's spaceships which was landing on a dime out there. And I thought "I'm making a mistake not investing in this genius". I finally bought the stock at $314.

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This is a hot take from someone wanting to protect the value of their investment. Tesla's appearance of being further ahead on self driving is a bit of smoke and mirrors. Their AI chip is not significantly different from other infencing chips being built by a numbee of companies. The main reason nvidia has done well in this space is the AI algorthims are still contantly evolving so a more programmable chip allows for faster development. The tesla chip is targeting a specific algorithm which will limit its ability to adapt.

The other issue is that right now there is no way to prove the correctness of AI algorithms. For a lot of uses that is not a coencern but for self driving it means you also need a non-AI version of the algorithm that is checking the results of any critical decisions.

Do others have the data to power the ai engine? Nope.

Interesting time to release the article.....

FunkyKO said:

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Do others have the data to power the ai engine? Nope.

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It is about more than just data. Most of the car manufactures have more than enough data to train the AI engine.

They don't

I'm kicking myself for not getting TSLA in 2019 when it was just $40. Could have seen 22x profit in less than two years.

dmart90 said:

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AggieFrog said:

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TxAG#2011 said:

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AggieFrog said:

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TxAG#2011 said:

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Medaggie said:

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Good time to buy the dip.

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When you see the bears crawl out like this it usually is

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Tesla is about as likely to ever have fundamentals that match its current value as GameStop.

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and?

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Buying Tesla shares is pure speculation, not investing. It will come crashing back to earth eventually.

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TBH - I thought the same thing about Amazon 25 years ago... Oh well.

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It's alright, jump in to $TSNPD / HUMBL. It's speculative but could potentially be something huge. Take a gamble with me my boy!

Tesla is losing market share in mature EV markets.

Tesla barely makes a profit.

I don't see any way they become the worlds most profitable company. Elon Musk has never been one to care for profits, he runs his companies on debt and burns dollars.

bmks270 said:

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Tesla is losing market share in mature EV markets.

Tesla barely makes a profit.

I don't see any way they become the worlds most profitable company. Elon Musk has never been one to care for profits, he runs his companies on debt and burns dollars.

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never stopped the US gov't

HalifaxAg said:

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bmks270 said:

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Tesla is losing market share in mature EV markets.

Tesla barely makes a profit.

I don't see any way they become the worlds most profitable company. Elon Musk has never been one to care for profits, he runs his companies on debt and burns dollars.

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never stopped the US gov't

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Doesn't work for private companies, unless he creates his own crypto currency.

Biggest risk for Tesla is probably Elon himself given how unstable he is.

pfo said:

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Cathie Wood of ARK was on CNBC Monday talking about Tesla. She said they invented their own AI chip and are way ahead of Nvidia. She also said they have so much more data than everybody else and will dominate autonomous driving vehicles, which will be huge. She went on to say Tesla is so far ahead of everybody else the others will never catch up.

I was very impressed to learn Tesla could repair your car remotely by accessing your software.

Initially I made the mistake of valuing Tesla as a car company. Now I view Tesla as a technology company, invented and run by a genius that is changing the world. Musk is also Tesla's largest shareholder so his money is where his mouth is.

This summer we were in our boat in the Gulf awaiting the return of one of Musk's spaceships which was landing on a dime out there. And I thought "I'm making a mistake not investing in this genius". I finally bought the stock at $314.

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As far as autonomous driving vehicles, GM is actually on par or ahead of Tesla with regard to the technology (look up Cruise).

Tesla's moat is very quickly dwindling. Their valuation will eventually come crashing back to reality unless they can find something else revolutionary. How long it takes for that to happen is impossible to say, but it undoubtedly will happen eventually.

I saw a stat the other day about market share of the EV market, I think it was worldwide. Ford, GM, and VW all have 2-4x times the sales of EV vehicles compared to Tesla. I'm sure BMW, Mercedes, Volvo, Toyota, and Honda are not going to be left behind either.

It's not even close. Stop

Tesla is expected to hold on to 18%

Like two mew factories coming online that will spit out 2-4 million new units that will all be accounted for?

Or drop In battery price that forces the competition to sell their Evs at a loss while ice vehicle sales also slump.

You mean that kind of revolution?

FunkyKO said:

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Like two mew factories coming online that will spit out 2-4 million new units that will all be accounted for?

Or drop In battery price that forces the competition to sell their Evs at a loss while ice vehicle sales also slump.

You mean that kind of revolution?

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Delusion.

I remember when Apple came out with the Iphone and I finally got one. I liked it but never bought stock thinking the valuation was too high. I still have my iphone and few updated versions after 10 yrs. My whole family has iphones. Does Samsung make better phones or equivalent phones - YES. Is Samsung easier to use especially its open source/picture management - YES. Does Apple have anything that a Samsung does not have - Not really.

So why am I still buying apple? Because that is what I am used it, that is what my family is used to, and its because its a good phone. Its the ecosystem.

This is the same feeling I got when buying Tesla, except no one really makes a EV even close IMO. This is why I bought Tesla. Once a household buys Tesla, I doubt they will buy anything else b/c of the Ecosystem. I have a Tesla charger at home, know where all the Tesla Superchargers are, Have Tesla Chargers at work, know the car inside out and like it. Even my wife that cares very little about cars takes it when I am not using it.

Unless something drastically changes, we will always have a Tesla in the house. Every car I get for my kids when they go to College will be a Tesla.

It will be an interesting 10 yrs but I believe it will go as Apple did 15 yrs ago.

Wrights law.

Everyone else is 10 years behind in battery cost.

Self driving. Tesla hired the lead guy from Nvda. There is a reason Nvda is wanting the ai company from SoftBank.

Wake up Ford is selling the mustang whatever they call it at a loss while at the same time not selling a vehicle that creates a profit. See the dilemma?

Exactly.

Medaggie said:

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I remember when Apple came out with the Iphone and I finally got one. I liked it but never bought stock thinking the valuation was too high. I still have my iphone and few updated versions after 10 yrs. My whole family has iphones. Does Samsung make better phones or equivalent phones - YES. Is Samsung easier to use especially its open source/picture management - YES. Does Apple have anything that a Samsung does not have - Not really.

So why am I still buying apple? Because that is what I am used it, that is what my family is used to, and its because its a good phone. Its the ecosystem.

This is the same feeling I got when buying Tesla, except no one really makes a EV even close IMO. This is why I bought Tesla. Once a household buys Tesla, I doubt they will buy anything else b/c of the Ecosystem. I have a Tesla charger at home, know where all the Tesla Superchargers are, Have Tesla Chargers at work, know the car inside out and like it. Even my wife that cares very little about cars takes it when I am not using it.

Unless something drastically changes, we will always have a Tesla in the house. Every car I get for my kids when they go to College will be a Tesla.

It will be an interesting 10 yrs but I believe it will go as Apple did 15 yrs ago.

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I don't get the same feeling for Tesla vs Iphone

One is a personal device that you use many times per day and prefer due to the ecosystem/software/elegance, the other is a vehicle that gets you from point A to point B and you may only use it a handful it times per day at most.

While there are cheaper, and perhaps technically superior, smartphones, none feature the software I enjoy using so regularly.

For a car? I don't care. If it looks decent enough, fits my consumer needs in terms of style/capacity, and gets me to point A to point B for a cheaper amount of money, I will go with that brand. If it happens to be Tesla, great, but I don't see them having a huge cost advantage over time. There's nothing preventing another car manufacturer from using the same Tesla supercharger network.

Apple also had huge margins on their phones and can justify them due to the network effect. Tesla will have much more difficulty achieving this. Margins will be razor thin eventually.

Apple was able to grow into its market cap, but Tesla will need perfect performance in multiple areas and exhibit similar dominance with 50% market share. Unlikely to happen, in my view.

Nothing keeping others usingSupercharger network.....huh? Yeah, Tesla could.

Or pay Tesla a premium fee. Hello? It ain't free

18% market share would be plenty. Side note. China changed laws for what constitutes a "car".

Who says vehicle purchase is the way to go? Autonomous taxi could do away with vehicle ownership.

Apples margin on phones is 35%

Tesla per vehicle margin 27%. Battery is majority of cost.....and if battery price comes down, which it will.......

I remember this same discussion when it was with Apple 15 yrs ago. I remember when everyone had a flip phone and apple came out with their phones.

Apple became successful and everyone said the same thing with apple. Anyone can make a phone look like Apple with the same app. Many phone companies tried, failed, and became bankrupt.

Now Apple makes alot of $$ b/c of their ecosystem/tentacles and very little from their original core product - PC . Cloud, Watch, App, etc. They essentially print money right now.

EVs will be the dominate car over ICE in the next decade and Tesla has a big head start. We could be saying something similar in 10 yrs with their Cars contributing very little in profit. We could be talking about Subscription services, Car Apps, Battery storage, Solar, FSD, and whatever else they will create.

Will be interesting bring up this thread in 10 yrs. I could be wrong.

What if Tesla is the Palm or Blackberry of EV?

It might be. Musk has said if someone can do it better, then we deserve to go bankrupt