Member Info for Dogberry101

I will post this about Tesla prices being reduced for standard range models 3 and Y in USA.
Rob does excellent analysis on all Tesla stories. I thought I would preempt the bears and shock horror lack of demand nonsense.
https://www.youtube.com/watch?v=tmzxuM7xncg

There was much talk on Bloomberg about the issues in Texas. I was amazed that the announcer was saying perhaps we need to re-think the renewable energy mix and skew it back towards fossil fuels.
Then a lady professor from Austin came on and she was quite scathing.
1) Texas has only 20% renewables in the mix.
2) Because it is normally really hot in Texas fossil fuel infrastructure could not operate with the cold weather water in the pipes was freezing locking valves and oil getting too thick to pump.
3) Excess capacity well Texas has hardly any so even minor glitches have big knock on effects
4) Connectivity most places have a linked together grid so supplies can be moved around unfortunately Texas is not one of most places.
Renewables and batteries would I am sure have been a great help.

Well done Koffee.
I see Chiefchump is still trying to spread the FUD I guess his short is not doing so well.
I spent some time this morning looking at the latest drone fly overs of the new Tesla factories in Berlin and Austin and the latest Limiting Factor episode on Teslas new battery plus the review of Sandy Munro's Tesla road trip and it was all very encouraging.
After all said and done if Tesla can continue to sell every vehicle they make without advertising in a year like this last year they can do anything.

Webba
Well said.
This investing lark is difficult and the odds are really stacked against P.I's what with vested interests automated trading algorithms FUD mongers and mass media paid for by advertisers which does tend to skew objectivity and veracity.
My view on investing is research as much as possible invest in companies with an edge an advantage; preferably under the radar of the wider market and stick with it until either it is successful (re-assess and take a profit to de-risk or stick with it ride the winners) or or obviously not going anywhere bite the bullet and sell.
Trading is for machines anyone who thinks they can consistently beat the machines is dreaming.
Anyone who can consistently buy low and sell high is telling at best half the story.
Finally successful big investors must have a bit of self fulfilling prophecy about them Warren Buffet for instance decides to buy into Coca-cola so he buys big every day for months billions of dollars thats got to influence the price.

Luke obviously you will not be investing here then. But you may be shorting so trying to spread FUD is your stock in trade.

Humanity has been digging up and extracting metals for thousands of years and at an increasingly higher rate for two or three hundred years. Modern extraction of metal from ores must be far more efficient than in the days of yore given that Jubes can profitably extract metal by re-processing relatively modern tailings. So does anyone have any idea of the amount of historical tailings there are around the world? More important how much metal they contain that Jubes can get out?

I was thinking similarly. I have had a bit of a dig around the Conroast process and the I.P. for it appears to be belong to Jubilee so others will either have to licence the technology or develop their own which will be time consuming and fairly expensive.

BB
Finally I would give them the following advice I think it was from Dennis Healey "When you find yourself in a hole stop digging."

BB
Its no use engaging or arguing with these birdbrained vultures they are totally incapable of understanding massive the market disruption that has only just started. Let them squander more of their money to add to the billions the shorters have already lost shorting Tesla.

Have a look on YouTube for a strong Bull view on Tesla from someone who has made Billions in investing (and not just on Tesla.)
https://www.youtube.com/watch?v=MNR4rU_UAN4

Chiefchump
What's all this about car manufacturers being in good shape?
Some VW, Toyota, BMW are in fairly good shape Nissan, Fiat Chrysler, Ford and GM are far from good shape.

I have just had a look at Cobalt in this project apparently there are 90,000 tons of contained Cobalt which we do not appear to have any plan currently to cash in on at the current rate of $47,500 a ton can we really have no interest in this?
What about a joint venture with a company like Jubilee Minerals( JLP) who have experience and great skill in re- processing mine tailings to extract secondary minerals and small amounts of primary product left by the miners first processing.
JLP are looking to diversify away from South Africa a Zambia and have experience in joint ventures and off-take agreements.
Any thoughts anyone?

Its been years now and still no jumpers.

Al
I'm there too and its got to go a lot higher for mine to even break even but it is going in the right direction and there may even be a destination.

Sage
Some more details from the same source.
https://www.youtube.com/watch?v=5hCd0Gm8Ces
Comparisons of Tesla with other high end EVs are about 4 minutes in.

Sage
Do view this https://www.youtube.com/watch?v=IGKS0EW2SQY
It is a Youtube Tesla Daily and gives the lowdown on the Bitcoin purchase. It also has some interesting customer satisfaction content.
Would I sooner have a beautifully engineered Porche than a Tesla? Well no actually, you are not comparing eggs with eggs here are you?
The Tesla will cost less (hell of a lot less) go further per charge (much further) and be a lot easier to get into and out of and depending on which Tesla go faster as well.

I am taking them into account as the world goes electric there will be a tipping point and when nearly everyone is driving electric there will very little call for petrol so petrol stations will will be closing down there will be less call for maintenance so ICE vehicle garages will close down. So even if you can maintain the vehicle yourself (unlikely with complex ICE combustion engines) where will you be able to get the fuel?
Remember also that as the new industry rises the costs get less due to economies of scale and as the old industry goes into decline there is less utilization of their infrastructure so it becomes progressively more expensive to operate.

Carlton
Electricity is going to be the ubiquitous fuel that fuels everything in the future including domestic and commercial heating and it will be really difficult to separate electricity for the car from electricity for the central heating or hot water so it will be either a tax on road miles or vehicle excise duty.

Tricky
Electric cars are a no brainer they cost much much less to run (electric is cheaper than petrol or diesel and maintenance is almost non-existent) and prices of new EVs are only going one way -down. There will be no need to ban ICE vehicle sales economics rules people will change because it is cheaper option.

Major FUD alert today. These are obviously not invested here but they may be short.