You don't have a list at all because you don't know.
Can I ask why you read and post in this thread? It's about a company you strongly dislike, a car you will never own, run by a man you hate and think is pure evil. Explain it to me.

 

Alright, I guess I need to be fired as a peacekeeper 😂

 

So no young companies ever fail? No IPOs turn out to be a bust? To come up with specific companies I would have to go and research them and I don't have any interest in doing that. Just Google "failed IPOs" and "failed public companies"

Let me ask you this, since it was such a no brainer to bet big on Tesla early on, why aren't you a billionaire since clearly you did that right? The reality is that it was very risky to bet big on Tesla early on, their financials were not good. Those bets have unquestionably paid off for those investors, but that doesn't mean that investors like me are wrong because we don't bet on shaky young companies like that. I do just fine investing with much lower downside risk. AMIRIZA has tried to explain this to you too.

Why do I post in this thread? Because I'm a member here same as you and I post where I want. I do not dislike Tesla as a company, I own their stock. Nor would I say I would never own a Tesla. I do strongly dislike Elon Musk. Other people with Teslas are posting here with the same experiences with service I relayed people I know have had, go attack them

 

Coming to your office is great. What sorts of things can they do on site like that?

 

My window switch panel completely broke off and the mobile team was able to fix it. So I think they can do a lot of parts replacements, but I don't think they do anything that requires the car to be lifted, like tires.

The one thing that makes Tesla service not great is the lack of interaction. It's impersonal. You enter on the app what your issue is, you get a repair estimate work order, and they either show up or you drop off on site. Even dropping off, you park at a spot, and on the app you tell them you're here, and then you get just leave. Pick up is the same thing. They really mastered the COVID humanless interaction

 

They can most stuff that doesn't require taking the car apart, needing lifts etc. Most services can be performed by a tech that don't entail something like changing the battery pack, motors, suspension etc. I've actually gone into a Tesla service center in 2023 due to a rattle, in that case they wanted me to come in, turned out just to be a seat belt. In my case, they gave me loaner, fixed the issue then notified me to pick up my car.

You have to remember, Tesla service centers have been around in California going all the way back to 2012, so they are more established because they have to deal with potentially hundreds of thousands of cars. Everyone I know who owns a Tesla here and had to take it in has had good experiences, but that doesn't mean that there aren't people who have had bad ones as well

 

Oh yeah...and this. Which I'm fine with. Tesla perfected humanless interaction. Now if you have an issue, you can get help, like this morning when I needed to change my location, I just messaged in the Tesla app and got a response immediately

 

I didn't do it right got in too late relative to what I should have done. I sold AMD stock in 2005. Mistakes were made. I finally wised up and used my brain, I thought long and hard about Tesla and the future of transport and energy that's why I invested. And for a more irrational reason I didn't want to miss out on the next Apple.
Sure, but if you dropped $10,000 on Tesla on IPO...... I've wasted way more money on stupid crap. Problem was for many years I didn't THINK, didn't consider long term. Didn't see opportunity. Not only did I fail to use my brain and consider investing in companies with massive growth potential, for who knows how long I didn't think about investing AT ALL.

Had a conversation with a certain person in their 20's I asked them if they had any investments. I got a funny look, never crossed their mind. I said at minimum buy an index fund in 30 years you'll be very happy you did. Why didn't I do that? Because I was dumb.
My bad I could have sworn you said you would never own a Tesla, ever.
You want him fired but still buy Tesla stock this is completely illogical. But moving on.

I listened to most of the earnings call did you? I've never heard Elon more upbeat he was borderline euphoric.

 

If you dropped $10,000 on every promising IPO you would lose your shirt. Just look back at past IPO performances. Thats basically gambling, not investing. Sure with hindsight it looks so clear... but if you invested in Tesla at their IPO look at all of the downturns and things you would have had to have held strong through to still be hanging on today...all those people who bailed out had good reason to do that.

I never said any such thing.

Elon is a much bigger occupant of your mind than he is my mind. Whether he's the CEO of Tesla or not would not have any impact on whether I would buy a Tesla or not. I don't even know who the CEO of Mercedes is, or Chrysler without googling them...but I bought those cars.

I don't listen to earnings calls. Him being upbeat doesn't do anything for me lol

 

That was my strategy when I retired 20 years ago. Through the recessions, market turmoil, boom and bust cycles taking the long view has worked out better than I could have hoped.

 

This is the way I look at it. Elon has a definite vision, but that vision isn't clear to everyone. When most people think of Tesla, they think of it as a car company, which it is, but it's other things as well. Which is why it's valuation is so high, and goes through swings. When I first invested in 2020, that's all it was to me, a company that makes electric cars. But by then they had the Model 3 which was a big hit, the stock was something like $80 and I said, what the heck. But I'll tell you one thing...at IPO I wouldn't have even considered putting a penny in it. Call it ignorance, I knew who Elon Musk was, but I didn't know much about him except he wanted to build electric cars that will eventually self drive. And at that time there were so many companies working on autonomous driving, from Google to Uber. So I would say in this case I got lucky. Now I understand better in exactly what I am investing in. I think Tesla will make good on Autonomous driving, AI and Robotics. And if they succeed in Trucking (Semi), they are going to turn the whole trucking industry upside down

 

Yep, and have we missed opportunities along the way that could have made us rich? Sure. But that doesn't change the fact that it works.

 

Yep, and you sleep better at night knowing that long term you can weather the ups and downs. A good financial advisor helps too lol.

 

Totally!

 

@SW17LS did you ever find out how many Tesla shares you own? Just curious.