Tesla stock thread.**presentd by Young Joc

BigMoneyGrip

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Elon Musk being the equally autistic and egotistical douchebag that he was raised to be shot himself in the foot.

Their charging structure is for Teslas only.. They're not universal charging stations that have delta charge ports which most EV's moving forward will be compatible with...You know who is quietly installing a shyt ton of those in the initiative called "Electrify America"? VW

https://media.electrifyamerica.com/en-us/releases/149
EA charge ports are shyt compared to Tesla charge ports however there is an ev adaptor that’s not available for commercial use yet where you can charge a non Tesla ev on a Tesla supercharger.. I saw a cac charging his VW ID4 on a Tesla super charger.. Had them Tesla owners mad as fukk because they thought he was icing them out and come to find out he charging his shyt.. Tesla owners trying to yap with him and how he got that adaptor lmaoo
 
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5n0man

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Theu basically had no competition last 10yrs.
VW/gm/Toyota/Hyundai/kia/ford all invested heavy on ev now
Seen an electric mustang the other day, didn't even know what I was looking at. Tesla is no longer the only decent looking EV on the market, plus their build quality isn't as trash as Teslas.
 
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staticshock

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Its not really only that tho

Tech bubble finally comin' to an end, and Tesla, tho a car manufacturer was receivin' tech co valuation

Imagine Tesla bein' worth more than toyota, biggest car manufacterer in the world, thats just ridiculous

PE investment thesis movin more conservative in the followin years, bringin a shortage of money to high risk / high reward investments such as tech companies

What do you mean by this
 

JLova

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Seen an electric mustang the other day, didn't even know what I was looking at. Tesla is no longer the only decent looking EV on the market, plus their build quality isn't as trash as Teslas.

Tesla had a head start, but car manufacturers are rapidly catching up. The novelty has worn off. Plus build quality of teslas is not on the same level as the luxury brands.
 

JLova

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What do you mean by this
Tech has had a huge run up the last decade especially the last 2 years. A lot of these companies were getting massive loans, massive valuations and VC money to grow. Problem is with the market volatility and what’s to come, tech stocks have fallen off a cliff. Layoffs have already started and more to go.
 

jj23

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Those Rivians already on the streets… saw one on I-77 in NC cruising down the highway like it was nothing.. Tesla is done

Ford bout to him them with the F150 lighting EV too
And in the high end market, the Taycan is already superior.

He gonna be in trouble.
 

staticshock

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Tech has had a huge run up the last decade especially the last 2 years. A lot of these companies were getting massive loans, massive valuations and VC money to grow. Problem is with the market volatility and what’s to come, tech stocks have fallen off a cliff. Layoffs have already started and more to go.


Dumb question, but do you believe this will have an impact on housing cost & rent?

Didn’t San Francisco, Austin & other cities started jacking up prices because these tech workers made good money? If tech is on the downswing, it’ll be nice to see prices go down as well because it’ll be less people able to afford it
 

JLova

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Dumb question, but do you believe this will have an impact on housing cost & rent?

Didn’t San Francisco, Austin & other cities started jacking up prices because these tech workers made good money? If tech is on the downswing, it’ll be nice to see prices go down as well because it’ll be less people able to afford it

Good question. The impact is coming from rapidly rising interest rates and inflation. The Fed is trying to reign in inflation and is increasing rates to do that. They are trying to kill assets which will kill demand and bring down inflation. I mean, supply constraints have played a major role in higher inflation, but the war in Ukraine blew shyt up. Don’t see that war ending anytime soon, so the stock market is reeling due to this uncertain future. We know rates will continue to go up, but for how long? Won’t know until inflation is handled.

As far as tech worker prices increasing. Yes thry did and that translates to higher prices for services and products. I don’t think prices will go down though. Not down to original levels. Remember that there are other factors at play that contribute to prices. Gas! That’s a huge factor and supply constraints with high demand means thise prices stay elevated. Looks like Americans are still spending so this is going to be a long ride.

Also read up on Quantatative Tightening. QT plays a huge role as well and
 
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