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THE Electric Vehicle (EV) Thread pt 11

Discussions of conventional and alternative energy production technologies.

Re: Stock Market Crash! (merged) Pt. 22

Unread postby careinke » Sun 19 Sep 2021, 01:37:09

Plantagenet wrote:Lucky is 100% right here.

Tesla is way overvalued, and competition from Chinese and European EV makers is coming and if Tesla can't compete then Teslas stock is going to crash.

Even Cathy Wood at ARK ETFs, who used to be Tesla's biggest fan on Wall Street, has been selling off her shares of Tesla.

cathie-wood-keeps-selling-tesla-unloading-62-million-shares

So the Wall Street pros are selling out of Tesla......any individual investors still holding Tesla stock should be aware it is very very risky, IMHO.

Cheers!


Cathy Wood is also a strong supporter of Bitcoin and Eth. Of course that's not uncomon these days as 52% of institutional investors now have some stake in Crypto.

Peace, and welcome to the metaverse.
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Re: Stock Market Crash! (merged) Pt. 22

Unread postby Plantagenet » Sun 19 Sep 2021, 02:18:12

careinke wrote:
Cathy Wood is also a strong supporter of Bitcoin and Eth. Of course that's not uncomon these days as 52% of institutional investors now have some stake in Crypto.

Peace, and welcome to the metaverse.


You are exactly right, careinke.

And speaking of investing in cryptocurrency I hope you're doing great with your own crypto-holdings.

As for me------I totally don't get cryptocurrency and I know it.

I don't know how to put a value on it so I can't make myself invest in it.

When I comes to stocks I can look at what the company does and examine its earnings and check the analysts ratings and see what the Fed is doing and look at the competitors and make a judgement based on some elements of factual information. I see stocks go up and down and when a good stock is down at a low price then thats a good time to buy.

But crypto currency I just don't get. When is it at a low price so its time to buy? What is fair value? What makes it go up? What makes it go down? Why is it so volatile? I just don't get it.

You are braver man than I am, Gunga Din, when it comes to investing in crypto currency.

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Its time to buy more Bitcoin, Gunga Din!!!!

GOOD LUCK!
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Re: Stock Market Crash! (merged) Pt. 22

Unread postby careinke » Sun 19 Sep 2021, 04:48:01

Plantagenet wrote:
careinke wrote:
Cathy Wood is also a strong supporter of Bitcoin and Eth. Of course that's not uncomon these days as 52% of institutional investors now have some stake in Crypto.

Peace, and welcome to the metaverse.


You are exactly right, careinke.

And speaking of investing in cryptocurrency I hope you're doing great with your own crypto-holdings.

As for me------I totally don't get cryptocurrency and I know it.

I don't know how to put a value on it so I can't make myself invest in it.

When I comes to stocks I can look at what the company does and examine its earnings and check the analysts ratings and see what the Fed is doing and look at the competitors and make a judgement based on some elements of factual information. I see stocks go up and down and when a good stock is down at a low price then thats a good time to buy.

But crypto currency I just don't get. When is it at a low price so its time to buy? What is fair value? What makes it go up? What makes it go down? Why is it so volatile? I just don't get it.

You are braver man than I am, Gunga Din, when it comes to investing in crypto currency.

Image
Its time to buy more Bitcoin, Gunga Din!!!!

GOOD LUCK!


Plant, thanks for the well wishes. I am still doing well in Crypto, and have expanded into some very promising altcoins. I am anxiously awaiting the final quarter in the four year cycle where we go into a blow off top. I'll be taking profits then.

This is probably the best resource on all things crypto:
https://www.realvision.com/videos/crypto

You can get answers to almost all your questions answered with this one resource. The interviews are amazingly well done and much better than you will see on traditional media. Quite frankly when I found them I was blown away with the quality. Now I refer most of my friends there when I get asked about crypto. (Don't buy his pay stuff until you go through the free stuff which is a LOT, and free for the taking.)

Find the video between Raul Pal and Mike Saylor for one of the best top down looks at Bicoin.

Peace and welcome to the Metaverse
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Re: Stock Market Crash! (merged) Pt. 22

Unread postby Outcast_Searcher » Sun 19 Sep 2021, 18:16:32

theluckycountry wrote:This question may not be relevant because Tesla can always go back to the capital market to raise more funds either through debts or equity even if it doesn’t have the money to pay off existing debt.


And that EG, is how the world works now.

I am NOT a Musk fan, and in fact often criticize him for all his false claims and TSLA pumping.

However, in the real world, Tesla has been growing revenues by selling all the cars it can make rather promptly, for years, with revenue growing by a good 50% or so, typically. And like it or not, though it's not highly profitable, has been steadily increasing profits over time.

And I'm NOT assuming the various Tesla fanboi claimed ventures like automated vehicles, insurance, etc. ever make any money at all.

When Tesla ACTUALLY shows meaningful signs of "failure", re not being able to grow massively in the EV market, be SURE and get back to us.
Given the track record of the perma-doomer blogs, I wouldn't bet a fast crash doomer's money on their predictions.
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Re: THE Electric Vehicle (EV) Thread pt 11

Unread postby evilgenius » Sat 25 Sep 2021, 09:22:07

I wonder if the supermarket won't become important to the energy equation of the future? It's the only place left for regular charging. People don't go to the mall on a regular basis. Malls are also farther away from where people live. Supermarkets are usually close enough that if you charged there you wouldn't have to use up a lot of your charge just getting back home. Nobody wants to deal with getting 100 miles of charge only to lose 10 of it getting back from the mall.

When I drove for a living I used to make deliveries to care homes within neighborhoods. Some neighborhoods had little GI period houses with so many cars around them that there was no free space. That's what happens when houses house extended families. There will be more people of driving age. Charging all or those cars at once will be a problem. It's not just a random house here and there. In some neighborhoods, they are all like that. Mom and dad will get theirs. Older brother who pays the bills will get his. Everybody else will have to look for options at least some of the time. People also live in apartments where the charging situation will be sketchy.

Supermarkets don't have to offer only fast charging. Fast charging is fantastic, if battery tech has advanced enough so that it can be used regularly. Otherwise, many people would only use the supermarket to charge their car for however many minutes they were shopping for, as they don't drive that many miles in a week. Most people would be able to use the supermarket for the marginal charging they needed.
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Re: THE Electric Vehicle (EV) Thread pt 11

Unread postby Outcast_Searcher » Wed 29 Sep 2021, 17:24:55

evilgenius wrote:I wonder if the supermarket won't become important to the energy equation of the future? It's the only place left for regular charging. People don't go to the mall on a regular basis. Malls are also farther away from where people live. Supermarkets are usually close enough that if you charged there you wouldn't have to use up a lot of your charge just getting back home. Nobody wants to deal with getting 100 miles of charge only to lose 10 of it getting back from the mall.

OTOH, there's peoples' homes, re driveways, carports, and garages, which are actually the most common and reliable points for charging.

There's a reason there are growing standards to build new housing with the capability to have a L2 charge point installed.

But don't take my word for it. Simply google "charging evs at home".

Just because malls are largely collapsing as online shopping expands (duh) doesn't mean charging an EV is an impossibly difficult problem in the US, overall.
Given the track record of the perma-doomer blogs, I wouldn't bet a fast crash doomer's money on their predictions.
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Re: THE Electric Vehicle (EV) Thread pt 11

Unread postby vtsnowedin » Wed 29 Sep 2021, 18:14:34

Outcast_Searcher wrote:
evilgenius wrote:...
.... Supermarkets are usually close enough that if you charged there you wouldn't have to use up a lot of your charge just getting back home. Nobody wants to deal with getting 100 miles of charge only to lose 10 of it getting back from the mall.

OTOH, there's peoples' homes, re driveways, carports, and garages, which are actually the most common and reliable points for charging.

There's a reason there are growing standards to build new housing with the capability to have a L2 charge point installed.

But don't take my word for it. Simply google "charging evs at home".

Just because malls are largely collapsing as online shopping expands (duh) doesn't mean charging an EV is an impossibly difficult problem in the US, overall.

I quite agree with you Outcast. the average US commute is 32 miles round trip so an EV with just 160 miles of winter conditions range could be charged up once a week for all those that are average and below distance wise. So more then half of commuters are well served by currently available models. Then consider that all but a few spend twelve hours plus at home each day between sleeping, doing meal prep and consumption, child care etc. with the car parked outside or in the garage which could be hooked to a 240 volt service charger, and much of those hours will be off peak so should qualify for off peak charging rates. Then consider that it will take years to build enough EVs to meet the demand from that half of commuters (about 40 million is half). And even apartment dwellers that have dedicated parking spaces in attached parking garages could pay a market driven premium to have a charge port at their parking space. So I think the fear that there will be limited charging opportunities is well off the mark and will rapidly diminish as the EVs are rolled out.
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