Tesla...

snooloui

Tesla is the MySpace of EV companies.

AnotherJoe

Ray_Singh-Blue said:

AnotherJoe said:

I'm calling it now, £50k in those 4 (VW/Audi is one) will be worth less than £40k in 5 years time, and £40k in Tesla will be worth 5x. So  you'd be losing £160k. 

Shsll we have a gentleman's wager? Currently the 5 biggest companies by market cap are: Saudi Aramco 1.7 trillion USD Microsoft  1.4 Apple 1.3 Amazon  1.2 Alphabet        0.9 They look like fun cars , but I bet a packet of wine gums and a toothbrush that in 5 years time Tesla won't be worth 3.3 trillion USD (5x current market cap). Loser posts said confectionery and dental hygiene products, to arrive by Christmas 2025. Or alternatively donates value of 1 share in Ford Motor company to a charitable cause.

You're on

Thrugelmir said:

AnotherJoe said:

Ray_Singh-Blue said:

I'm seriously considering buying auto manufacturers. Not Tesla, but some of the others which together are worth less: Toyota, Honda, Ford, General Motors, VW, Audi.

£10K in each in my SIPP. A bet that at least one of them comes through to challenge Musk.

I'm calling it now, £50k in those 4 (VW/Audi is one) will be worth less than £40k in 5 years time, and £40k in Tesla will be worth 5x. So  you'd be losing £160k. Ford, FWIW is currently losing money on every car they make. At current rate of spend they have 4 years left.

Thrugelmir said:

Tesla is the Betamax in the battle for video domination. Longer term mainstream will opt for the cheaper options. Faster charging solid state batteries are on the way.  

Youve been suckered in by Mr Toyoda's BS speech last week. Plenty of reasons it wont happen as far and fast as currently* hyped. But even if SS has the advantages that are currently touted, it has to reach the price, density and cycle life and cost** that Tesla's new batteries have and after that, there's no reason Tesla cant make their own SS batteries. Its not as if Tesla will be blindsided or cannot switch.

A final thought. If SS is "nearly" here from Toyota and has all teh advantages that are touted for it, why are they bothering with Fuel Cell cars that cost 5x to make and 5x to fuel compared to EVs?>

* no pun intended

** a factor thats always omitted from SS hy"breakthrough" messages.pe.

Tesla is a premium brand. Where's there mass market vehicle? 

Its 3 years off. All part of their top secret plan. Google it.

Thrugelmir

AnotherJoe said:

Ray_Singh-Blue said:

AnotherJoe said:

I'm calling it now, £50k in those 4 (VW/Audi is one) will be worth less than £40k in 5 years time, and £40k in Tesla will be worth 5x. So  you'd be losing £160k. 

Shsll we have a gentleman's wager? Currently the 5 biggest companies by market cap are: Saudi Aramco 1.7 trillion USD Microsoft  1.4 Apple 1.3 Amazon  1.2 Alphabet        0.9 They look like fun cars , but I bet a packet of wine gums and a toothbrush that in 5 years time Tesla won't be worth 3.3 trillion USD (5x current market cap). Loser posts said confectionery and dental hygiene products, to arrive by Christmas 2025. Or alternatively donates value of 1 share in Ford Motor company to a charitable cause.

You're on

Thrugelmir said:

AnotherJoe said:

Ray_Singh-Blue said:

I'm seriously considering buying auto manufacturers. Not Tesla, but some of the others which together are worth less: Toyota, Honda, Ford, General Motors, VW, Audi.

£10K in each in my SIPP. A bet that at least one of them comes through to challenge Musk.

I'm calling it now, £50k in those 4 (VW/Audi is one) will be worth less than £40k in 5 years time, and £40k in Tesla will be worth 5x. So  you'd be losing £160k. Ford, FWIW is currently losing money on every car they make. At current rate of spend they have 4 years left.

Thrugelmir said:

Tesla is the Betamax in the battle for video domination. Longer term mainstream will opt for the cheaper options. Faster charging solid state batteries are on the way.  

Youve been suckered in by Mr Toyoda's BS speech last week. Plenty of reasons it wont happen as far and fast as currently* hyped. But even if SS has the advantages that are currently touted, it has to reach the price, density and cycle life and cost** that Tesla's new batteries have and after that, there's no reason Tesla cant make their own SS batteries. Its not as if Tesla will be blindsided or cannot switch.

A final thought. If SS is "nearly" here from Toyota and has all teh advantages that are touted for it, why are they bothering with Fuel Cell cars that cost 5x to make and 5x to fuel compared to EVs?>

* no pun intended

** a factor thats always omitted from SS hy"breakthrough" messages.pe.

Tesla is a premium brand. Where's there mass market vehicle? 

Its 3 years off. All part of their top secret plan. Google it.

Building manufacturing capacity is hard to keep a secret.  Car plants are sizable operations.

Heisenberg01

Well I dumped half of the exposure to Tesla before the addition, and then half again before the new year.Also sold all my Baillie Gifford American and moved it to Bailie Gifford managed.
I can now stop frantically searching for news of a Tesla crash every day.

Secret2ndAccount

Heisenberg01 said:

Well I dumped half of the exposure to Tesla before the addition, and then half again before the new year.Also sold all my Baillie Gifford American and moved it to Bailie Gifford managed.
I can now stop frantically searching for news of a Tesla crash every day.

Why did you have to sell it all? Won't you be gutted if it goes up another 100?

Malthusian

Secret2ndAccount said:

Heisenberg01 said:

Well I dumped half of the exposure to Tesla before the addition, and then half again before the new year.Also sold all my Baillie Gifford American and moved it to Bailie Gifford managed.
I can now stop frantically searching for news of a Tesla crash every day.

Why did you have to sell it all? Won't you be gutted if it goes up another 100?

 They didn't sell it all. 2% of BG Managed is in Tesla, and I can't speak for the rest of their portfolio.

They'll probably be as gutted as me (who has never owned any individual Tesla shares). Or as gutted as I was when Random AIM Share PLC went up 100% the other Wednesday.

Heisenberg01

Secret2ndAccount said:

Heisenberg01 said:

Well I dumped half of the exposure to Tesla before the addition, and then half again before the new year.Also sold all my Baillie Gifford American and moved it to Bailie Gifford managed.
I can now stop frantically searching for news of a Tesla crash every day.

Why did you have to sell it all? Won't you be gutted if it goes up another 100?

Nope.
I have been very lucky,and am content to cash in my chips and invest more sensibly.