Tesla Business and News Thread
I keep buying the dip and rarely selling during euphoria what's wrong with me. I keep saying it I have so much regret for not being able to see the future think I have a problem. I feel that way because on some level I know for example buying Nvidia stock. But I was too chicken to go all in.
Fun fact: in 2013 I was bitcoin mining back then it was an utter disaster. So much fraud and trying to connect to a node was iffy at best. I gave up after 5 coins and change I could have been insanely wealthy if I had just kept going. I think it took almost 2 years to mine 5 coin, a bunch of CPU cycles were wasted due to connection issues and other nonsense.
Back around the 2015-2016 era some of us started a company around mining Bitcoin. Electricity wasn't a problem because my friend lived at a co-op in SF with free electricity that was specifically setup for startups. The issue was hardware, we ordered equipment from a company called Butterfly Labs, but they never delivered and ended up going out of business. We did a bunch of calculations, and it turned out that we would just end up breaking even, so partners began pulling out. Good God, we would all be rich today had we just stuck to it....
I was going to execute on Nvidia a couple of weeks back when it was around $588, but decided not too. Now it's $917
. Life's just not freaking fair. But, I have a boatload of TSLA, and for the most part I've made money, I know if I sit on it everything will be fine. Or I'll sell it when it hits $300, then it will hit $500, which will just be my luck
Last edited by AMIRZA786; Mar 7, 2024 at 08:54 AM.
But overall, if you look at lists such as top 100 companies to work for, they are full of huge companies who treat their employees well, usually owned by a billionaire.
Even for Musk or Steve Jobs, there are many people who love building something new and are willing to work 16hrs a day to do it. Anyone who ever worked in a startup will tell you that.
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But overall, if you look at lists such as top 100 companies to work for, they are full of huge companies who treat their employees well, usually owned by a billionaire.
Even for Musk or Steve Jobs, there are many people who love building something new and are willing to work 16hrs a day to do it. Anyone who ever worked in a startup will tell you that.
Some component of ruthlessness is required for success in business.
Why can't you see the future? Get it together.
You either believe in Tesla or you don't. If not, sell when you're at least par.
Celebrating Lexus & Toyota from Around the Globe
Back around the 2015-2016 era some of us started a company around mining Bitcoin. Electricity wasn't a problem because my friend lived at a co-op in SF with free electricity that was specifically setup for startups. The issue was hardware, we ordered equipment from a company called Butterfly Labs, but they never delivered and ended up going out of business. We did a bunch of calculations, and it turned out that we would just end up breaking even, so partners began pulling out. Good God, we would all be rich today had we just stuck to it....
I was going to execute on Nvidia a couple of weeks back when it was around $588, but decided not too. Now it's $917
. Life's just not freaking fair. But, I have a boatload of TSLA, and for the most part I've made money, I know if I sit on it everything will be fine. Or I'll sell it when it hits $300, then it will hit $500, which will just be my luck
I did sell a bunch when it first breached $300 to clear margin on my wife's request. I shouldn't listen to my wife
- Removal of stalks
- Falcon wing doors
First on removal of stalks. He had a hard time using the turn signals, and secondly it began to rain. He hit the windshield wiper button, and his only choice was Auto. He could not figure out how to manually adjust the speed. Not a good start.
On the Falcon wing doors, he said that first of all they are cool, but impractical. They open too slowly, are extremely heavy, and they block the side pillars because of the extra support they need. He also mentioned that his wife would never drive it.
Overall he thought it was a cool car and an attention getter, but it took him way too much time to figure it out, it doesn't deliver value for its price like the Model Y, and removal of the stalks was "the stupidest move ever". He has an appointment to test drive a Kia EV9
The sad part, I'm not getting my Tesla referral points 😢
I put waaayy more into the semiconductor ETF, SMH during that time as I didn't want all that risk in one company. Played it safe, but I'm not mad at SMH's return over this time period either.
they can't make sell roof tiles.
they can't make sell semis.
they can't make sell many powerwalls.
their "full self driving" isn't.
their products are mostly for consumers, not business.
they're really the model 3/y company.
and they may become the cybertruck company too at some point, but that's probably a couple of years away.
that's just a reality check. nothing wrong with it, but it's hard to sustain giant p/e valuations.
they will need to have a bumper cybertruck quarter maybe, or a real fsd breakthrough to stair step again.
i do believe they will climb again at some point though. i didn't sell...
stocks like arm and nvidia are just positioned so well to meet the moment, with less capital needs, pretty much insatiable demand, in demand BY the big tech companies in a race, etc.
glad i have both of those too and the big techs for 'diversification'.

- Removal of stalks
- Falcon wing doors
First on removal of stalks. He had a hard time using the turn signals, and secondly it began to rain. He hit the windshield wiper button, and his only choice was Auto. He could not figure out how to manually adjust the speed. Not a good start.
On the Falcon wing doors, he said that first of all they are cool, but impractical. They open too slowly, are extremely heavy, and they block the side pillars because of the extra support they need. He also mentioned that his wife would never drive it.
Overall he thought it was a cool car and an attention getter, but it took him way too much time to figure it out, it doesn't deliver value for its price like the Model Y, and removal of the stalks was "the stupidest move ever". He has an appointment to test drive a Kia EV9
The sad part, I'm not getting my Tesla referral points 😢















