The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Dogberry, why would we email Elon and the chief financial officer when we already have Tesla's public relations spokesperson here? We are asking you because we know you are on Tesla's payroll.
"When is the bubble going to burst?" You asked Koffee. Well ....how long is a piece of string? It could happen anytime. Guessing when this leveraging scenario will come to an end is not necessarily the aim of the game. The aim is to position assets in alignment with fundamentals and to have a realistic economy that works in tandem with a stock market that is not over inflated with cheap money from insane fiscal policies. Robert Kiyosaki was speculating that the crash could come in October but he is one of many other people throwing wild guesses at the wall and hoping to get lucky enough to say I told you so. The next economic depression seems to have already began as the scapegoat has been chosen. China was the scapegoat for coronavirus and now Evergrande is adding as the catalyst for the next great depression trigger. China will be blamed regardless and we already have so many other gravy trains crashing and adding to the problems. We have the threat of inflation not being transitory, the threat of a deflationary deleveraging, the threat of an inflationary deleveraging and a whole host of other issues that threaten economic stability and the stock market will be like Swiss cheese when it's all set and done. Timing is everything but planning is a must. Tesla will be a souffle under a hydraulic press when the pressure starts. Chamath exited his Tesla positions and Cathie is unloading quietly whilst claiming to be using the funds to rebalance the outflows of her ETFs and investments and to ship around for discounts. In an inflated asset bubble? Discounts? Where?
I think Dogberry is on commission or Tesla's payroll to promote Elon and his Ponzi schemes. Surely you must rationalise at some point and think about all the facts and figures presented before you. Tesla is the torch bearer for this hyper inflated asset bubble about to burst. I would like to see Tesla conquerer the the trucking industry, even the SUV market will do, just to prove the critical side wrong. As pointed out, the demands of a heavier class of vehicle on power are much more difficult to meet than a regular saloon or small passenger vehicle. The big cybertruck with its cartoonist appearance will be delayed into the etheric realm and even if does come out, it will be largely compromised and not what was Initially promised by Elon.
Elon is Charles Ponzi reborn in the flesh. Every week he has a new gimmick to manipulate the share price and if you also look at the insider trades of Tesla shares, they mirror a pyramid scheme. The director and people in the board, buy and sell their own shares in high volume constantly and it make no sense except to conclude share price manipulation. Elon did not invent the electric car or Tesla. He stole company through unscrupulous deals with Ebberhard and Tarpenning who became his corporate victims. He also never solely invented PayPal as repeatedly claimed by the Tesla cult and fanboys. He is not a saint, he is a convicted securities fraudster who uses social media to misdirect investors. The crypto world is another damning case of his manipulation of the financial space. His company is not green, it is stained in dependency on oil and fossil fuels plus his raw materials mines actively use child labor slaves.
Evidence links below
Elon's conviction on fraud charges
https://www.sec.gov/news/press-release/2018-219
Elon's use of child labour slaves for batteries
https://www.thetimes.co.uk/article/blood-batteries-fuel-the-fortune-of-elon-musk-qkhlvp5dr
Dogberry is like Ray Charles when it comes to worshipping Tesla. He cants see anything wrong. He has no common sense whatsoever. Tesla is falsely marketing "Full self driving" as if it is anything close to that. At least other manufacturers don't claim to have a full self driving car and lie with hype like Tesla. It's a glorified cruise control with fancy features and nothing more.
I also heard about the quality issues with Tesla cars. Perhaps they built in a rush with little experience in how car manufacturing works. They may have to adapt the Japanese model of kaizen in their process. Continuous improvement always betters new starters in a mass market. VW will churn out some good EVs in the near future.
Yeah it's a great car I part exed my c8 A6 for the 93.4kWh Carbon Black Auto quattro 4dr. I just wish I had thought more carefully about rear seating for my little ones as the booster seats just take up the room. It's a great car but I will get a bigger one once I've found something I like better. I have still yet to try a Tesla and see what the hype is all about.
People like Cathie Woods, Chamath and Elon Musk should be studied with serious caution. According to Cathie, Tesla is going to increase in price by at least 10x in the next 5 years and then she also claims the current market conditions are not being caused by the money printing and low interest rates. She says it's all because of disruptive momentum and pure innovation from the tech sector. What total nonsense. I am excited just to know that there will be a time when I laugh hysterically at the cult who are deserving of the consequences.
I'll stick to my socks and vaseline thank you. Elon and his fraud bots can go in the same pile of $h!T as Madoff and Ponzi. They belong behind bars.
That fraud robot represents Elon musk's true self. He is a con man with an endless bag of tricks and intelligent engineers and smart scientific minds under his control due to having capital. Once the market shifts and sentiments changes, we will see what a smart genius he is after all.
In the end......the house always wins. Just remember that. In the wise words of Haim Bodek, "I came to the conclusion that, we are nothing but play things for the owners of the stock market". In the end if the shorts get their cake, there will be no more noise from the likes of dog and Koffee
Dogberry, there are not that many Tesla cars in the road for that figure to be a comparative or a rational counter argument. Your point has no value or basis. Koffee my point here is that you need to be prepared to come work for me as a coffee boy to fetch my brew in the morning and also wear something comfortable for your knees so I can use you as a footstool whilst sipping coffee and reading a wall Street journal about Tesla's epic fall from grace. And Dogberry, also bring a dog collar for yourself so we can play fetch later. I have Dog biscuits for you too. You guys need to consider diversification before Elon ruins your lives.
https://www.bbc.co.uk/news/business-58235479.amp
Bezos is now suing NASA over Space Xs tender with NASA. T the same time there is an investigation into self driving Tesla's and the accidents they have been involved in. It's all crumbling at a pace before our eyes. Let's see what happens with the other pending lawsuits against Elon.
It's only drivel to people who can't understand or comprehend a macroeconomic breakdown of why companies like Tesla can not sustain such a level of hype. You fail to appreciate an educated analysis from someone like Jep because your greed blinds you Koffee. Open your mind and eyes to see what Jep is saying in his writing. It's a forward looking economic analysis with little bias against Tesla and more realistic in terms of fiscal policies that have caused this situation to arise. The writing is on the walls, once the governments begin to implement more realistic approaches that will realign the economy, there will be hell to pay for over leveraged assets and securities. Not just Tesla but the whole market. Tesla is just the unfortunate victim of its own hype success. It's a great company with a future but just not in tandem with its own valuation. It will correct, just wait and see. Then we can talk about what a crazy time this was. Greed is a blind fold to common sense.
Who is going to be buying an overpriced Tesla that still pollutes the world through a carbonised supply chain? Decarbonisation has already failed on Tesla's part when it comes to how they source parts, build their factories and mine the minerals to build components. Tesla is not a green company and their cars are overpriced with some quality improvements needed. Give it time and let's see the resulting recycling catastrophic impact of getting rid of a Tesla electric car at the end of its life. You only seem to talk about the good points and ignore the base reality of Tesla's initial mission statement of making a totally green car from production throughout to end of life which is pretty much a failed mission statement. Yes the car is green and outputs zero but to produce it and recycle it and to source the components and supply, it is far more dirty than an oil rig spillage. Tesla can sell 20million cars per year and still not hold a 15k valuation. Their energy business is still not as dominant as you speculated and their neuralink project.....well what happened to that? The Musk worshipping will come.to.an end when your faith is tested by a serious crash and reality check. Peace and love.
Absolutely well put there Jep. Maybe investing is not for everyone indeed. He made my day with that post earlier :-). I haven't laughed so hard yet still felt some sympathy. Tesla is a roller coaster.
For expert advice please seek financial advice from approximately qualified persons and professionals. I am in no way an advisor or such qualified persons. I am a janitor at a local soup kitchen for the homeless. My sympathies for your recent incurred losses. I do hope you recoup them soon. I do however hold the opinion that we may have finally reached the "Capitulation" phase of the market cycle whereby people feel the fear of missing out on potential gains at its greatest. Your feelings of loss are a market wide indicator of a epic level bubble about to burst. The timing is never easy to pin point but we are indeed at the point of change and Michael Burry will be proven correct once again in the case of Tesla. In relation to your decision to sell your holdings at Xpeng or Tesla , i am unsure as to what advice I gave you or anyone here as I am always clear that I am just a regular person with no idea about market movements or advice. Once again please seek expert advice from approximately qualified persons or entities. Remember to stay safe out there and invest wisely in this crazy market.
Tesla is starting to sound more and more like it's bedfellow Bitcoin. 15k per share? On what basis is that hype and tripe based on? Are they going to be working on teleportation to other planets?
You sir may need to learn from reality and I have a feeling it's only a matter of time before you realise what everyone here is saying. Tesla has potential but most of the real achievements are not anywhere near materialisation. This one man band can only go on for so long which is why we say enjoy the ride whilst its here because it my not be here this time next year.
Who is going to buy an overpriced Tesla during an economic depression? By the time these factories run and make use of economies of scale at full capacity, there will be no one financially secure enough to consciously consider buying a Tesla. These cars aren't for the average wage donkey, they are for those with money, savings, security and expert field employment and good pensions. These cars aren't as green to produce or recycle as they seem and are actually putting a large carbon footprint out just to produce in mass numbers. Tesla isn't the company to have high hopes in as it is a one man band. Without Elon it would just get eaten by the lions of the motoring industry. P.s also tell Elon not to get too ambitious or brave by getting on one of his own space X rockets like Bezos and Branson did with their own because if that over-engineered rocket blows, your money is gone with it.