Tesla business discussion
EV ftw!!!
Joined: Nov 2002
Posts: 9,066
Likes: 622
From: Lake Ontario
Norway Still Addicted To Tesla
Growth continued for the Norwegian plugin EV market in May 2023, as combined plugin share hit almost 90%, up from 85% a year ago. Full electrics alone took almost 81% share, grabbing 7.5% more of the remaining market than last year. The overall auto market saw volumes of 13.342 units, up almost 16% YoY, and higher than May 2019. The Tesla Model Y was the month’s bestselling vehicle, miles ahead of others in volume.https://cleantechnica.com/2023/06/02...cted-to-tesla/
Lexus Champion
Joined: Oct 2019
Posts: 19,945
Likes: 3,839
From: California
Lexus Champion
Joined: Oct 2019
Posts: 19,945
Likes: 3,839
From: California
Norway Still Addicted To Tesla
Growth continued for the Norwegian plugin EV market in May 2023, as combined plugin share hit almost 90%, up from 85% a year ago. Full electrics alone took almost 81% share, grabbing 7.5% more of the remaining market than last year. The overall auto market saw volumes of 13.342 units, up almost 16% YoY, and higher than May 2019. The Tesla Model Y was the month’s bestselling vehicle, miles ahead of others in volume.https://cleantechnica.com/2023/06/02...cted-to-tesla/
Advanced
Joined: Sep 2018
Posts: 507
Likes: 55
I really don't want to say how many shares, but enough to be pretty comfortable when I finally decide to cash out. You are forgetting that TSLA had three stock splits since going public, so not only has the value jumped 900 percent in 5 years (400 percent for me), but the number of shares I now own has tripled.
I'm extremely comfortable with Tesla's position. Demand is high, YoY revenue has increased 38.34 percent despite inflation and a poor economy, and their market cap is $678B, putting them at the 9th most valuable company.
No I understand you are not giving me financial advice, but I do appreciate your input. You may have some insight I don't have, I'm always open to others points of view. Not every investment I've made has panned out. After all, I'm human
I'm extremely comfortable with Tesla's position. Demand is high, YoY revenue has increased 38.34 percent despite inflation and a poor economy, and their market cap is $678B, putting them at the 9th most valuable company.
No I understand you are not giving me financial advice, but I do appreciate your input. You may have some insight I don't have, I'm always open to others points of view. Not every investment I've made has panned out. After all, I'm human
As long as you're happy. We'll revisit this thread down the road. I have a feeling I'm going to end up on the right side of this.
Advanced
Joined: Sep 2018
Posts: 507
Likes: 55
Love Elon, but he's not stupid, and at the end of the day, it's just about $$$ for him, regardless of the shareholder. Frankly, he should've been thrown in jail for his "funding secured" bit. Better people have been punished far worse for lesser crimes. This is a man that cleverly dumped a huge chunk of Tesla shares without causing a run by claiming they were to buy Twitter.
Lexus Champion
Joined: Oct 2019
Posts: 19,945
Likes: 3,839
From: California
All companies no matter how big or great see their valuation plummet at some point or another. There can be a number of reasons for it, no company is immune from economic factors. When TSLA stock took a dive earlier last year, some saw it as an ominous sign. I saw it as a buying opportunity and picked up a block at around $108. Once it reaches $250 (and it will), the gains are going to pay off the model Y I just bought.
Will Tesla suffer the fate of companies like GM or Chrysler? It's possible if they become complacent. But for now I see a bright future
Lexus Champion
Joined: Oct 2019
Posts: 19,945
Likes: 3,839
From: California
I just need one side of the trade to win.
Love Elon, but he's not stupid, and at the end of the day, it's just about $$$ for him, regardless of the shareholder. Frankly, he should've been thrown in jail for his "funding secured" bit. Better people have been punished far worse for lesser crimes. This is a man that cleverly dumped a huge chunk of Tesla shares without causing a run by claiming they were to buy Twitter.
Love Elon, but he's not stupid, and at the end of the day, it's just about $$$ for him, regardless of the shareholder. Frankly, he should've been thrown in jail for his "funding secured" bit. Better people have been punished far worse for lesser crimes. This is a man that cleverly dumped a huge chunk of Tesla shares without causing a run by claiming they were to buy Twitter.
ClubLexus Stories
Celebrating Lexus & Toyota from Around the Globe
Lexus NX 350h: A Fuel-Sipping Secret Hot Hatch???
Michael S. Palmer
5 Best & 5 Worst Lexus Daily Drivers
Joe Kucinski
Top 5 Hottest Lexus & Toyotas in 2026 (Hardest To Buy)
Brett Foote
2026 Lexus IS 350 F Sport Review: The Last of Its Kind Still Rocks
Michael S. Palmer
Top 10 Most Confusing Things Lexus Has Ever Done!
Joe Kucinski
2026 Lexus ES Review: Lexus Re-Embraces Founding Principles
Michael S. Palmer
10 Lexus Bargains That are Cheaper Than a New Toyota RAV4
Joe Kucinski
8 Weirdest Things Lexus Has Ever Built
Verdad Gallardo
10 Lexus Designs That Have Aged Like Fine Wine
Verdad Gallardo
Advanced
Joined: Sep 2018
Posts: 507
Likes: 55
Lexus Champion
Joined: Oct 2019
Posts: 19,945
Likes: 3,839
From: California
Advanced
Joined: Sep 2018
Posts: 507
Likes: 55
I'll take that bet happily 😉. This thread goes all the way back to 2019, where many posters predicted Tesla's demise with great confidence and surety. It's great reading if you want to go back into time.
All companies no matter how big or great see their valuation plummet at some point or another. There can be a number of reasons for it, no company is immune from economic factors. When TSLA stock took a dive earlier last year, some saw it as an ominous sign. I saw it as a buying opportunity and picked up a block at around $108. Once it reaches $250 (and it will), the gains are going to pay off the model Y I just bought.
Will Tesla suffer the fate of companies like GM or Chrysler? It's possible if they become complacent. But for now I see a bright future
All companies no matter how big or great see their valuation plummet at some point or another. There can be a number of reasons for it, no company is immune from economic factors. When TSLA stock took a dive earlier last year, some saw it as an ominous sign. I saw it as a buying opportunity and picked up a block at around $108. Once it reaches $250 (and it will), the gains are going to pay off the model Y I just bought.
Will Tesla suffer the fate of companies like GM or Chrysler? It's possible if they become complacent. But for now I see a bright future
I don't know those other people going back to 2019. This is my first post on the subject matter. But, I'm sorry for their loss. They should probably stick to car chat...
Lexus Fanatic
Joined: Sep 2010
Posts: 26,184
Likes: 4,378
From: Alberta
Elon was called a clown, a bad manager, Musk is on a downward spiral, lack of dealerships will hurt Tesla etc. to scratch the surface. We hear the same arguments today, nothing was learned.
Advanced
Joined: Sep 2018
Posts: 507
Likes: 55
Lexus Champion
Joined: Oct 2019
Posts: 19,945
Likes: 3,839
From: California
Are you daytrading TSLA or "investing" like you said. If you make a quick buck on the demon drop from $100 from $400, that's great. I'm all for it. Big IF. It's not a mutually exclusive event with the longer-term bearish picture.
I don't know those other people going back to 2019. This is my first post on the subject matter. But, I'm sorry for their loss. They should probably stick to car chat...
I don't know those other people going back to 2019. This is my first post on the subject matter. But, I'm sorry for their loss. They should probably stick to car chat...
Advanced
Joined: Sep 2018
Posts: 507
Likes: 55