The Conservative Cave
Current Events => The DUmpster => Topic started by: CC27 on April 02, 2024, 02:47:01 PM
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momta (4,078 posts)
Hmm...Truth Social AND Tesla?
Both companies' stocks are plunging. It's almost as if people don't like investing in companies run by raging lunatic assholes.
https://www.democraticunderground.com/100218829774
Wrong again moron.
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In the real world, Truth Social's stock price is rising, https://www.msn.com/en-us/money/markets/djt-stock-drops-trump-s-stake-in-truth-social-parent-is-falling-in-value/ar-BB1kVDoO .
Tesla's stock price is down about $8 per share from yesterday, slightly less than a 5% drop, and it has been trending downward for at least 6 months. It's silly of me to think this way, but I suspect Tesla's performance in the car marketplace particularly and that of EVs generally probably has much more influence on Tesla's stock price than Elon Musk's refusal to silence Trump and other Rs & conservatives.
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I think the urge to own an EV has lost its shine. I listened to a former EV owner, who was talking about some of the shortcomings of owning one. The lack of places to get them serviced the shortage of spare parts because they’re so expensive to fix insurance is 25 to 40% higher the constant worry of finding a place to charge it if you’re out on the road.
I think this is an idea that’s not quite ready for prime time maybe for some that don’t drive much for the average car owner not so much
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Remember when owning a Tesla (or other EV) was a status symbol for leftists?
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momta (4,078 posts)
Hmm...Truth Social AND Tesla?
Both companies' stocks are plunging. It's almost as if people don't like investing in companies run by raging lunatic assholes.
https://www.democraticunderground.com/100218829774
Dumbass, the entire fkn MARKET tanked almost 400 points today. Damn, are you all this fkn stupid? Nevermind, rhetorical.
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lapfog_1 (29,171 posts)
28. Tesla is the Beta Max of VCRs
In a classic repeat of Beta Max v. VHS.
VHS won. Beta was better but more expensive.
Plus the early adopters of EV already HAVE EVs. The rest of us can't afford them at Tesla prices. So we wait on getting a cheaper alternative and a build out of the needed infrastructure to support them. Plus there are too many stories of the damn things catching fire.
What makes NO damn sense about this swill is that Tesla, while not the cheapest, is still the #1 selling EV in the country. As for catching fire, that's a danger of battery-powered vehicles in general, not just EV cars. A house burned down near me from a Golf Cart catching on fire. ....AND THIS IS WHY WE'RE KEEPING OUR DAMN GAS VEHICLES.
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It amazes me how close they can come to getting it, yet still get it wrong.
lapfog_1 (29,171 posts)
28. Tesla is the Beta Max of VCRs
In a classic repeat of Beta Max v. VHS.
VHS won.
No, DUmbass. EVs are the betamax of VCRs.
Evs have lost. The internal combustion engine has won.
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Remember when owning a Tesla (or other EV) was a status symbol for leftists?
That's so 2 years ago! :-)
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and EVs can't perform well in very warm or very cold climates, and you have to keep replacing the tires, and it has no resale value at all.
momta (4,078 posts)
Hmm...Truth Social AND Tesla?
Both companies' stocks are plunging. It's almost as if people don't like investing in companies run by raging lunatic assholes.
https://www.democraticunderground.com/100218829774
Hey Kathy, you wanna see what a raging lunatic asshole looked like sixteen years ago?:
(https://scontent-dfw5-1.xx.fbcdn.net/v/t1.18169-9/1935901_1105274126128_1788773_n.jpg?_nc_cat=101&ccb=1-7&_nc_sid=5f2048&_nc_ohc=u_qoFG3JIdgAX-koY7A&_nc_ht=scontent-dfw5-1.xx&oh=00_AfCfe5goi_vUkaxo_OalmIV1uQe8E2bUZE2oHWo5iIg-MQ&oe=66341E40)
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I bought a few shares of Trump Media ticker DJT this morning at the opening bell prices at $47.00 it closed at $52.00 that's a $5 gain.
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lapfog_1 (29,171 posts)
28. Tesla is the Beta Max of VCRs
In a classic repeat of Beta Max v. VHS.
VHS won.
Only won because of porn.
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It amazes me how close they can come to getting it, yet still get it wrong.
No, DUmbass. EVs are the betamax of VCRs.
Evs have lost. The internal combustion engine has won.
It goes without saying, but never rely on a DUmmy's thoughts on the economy or the stock market to be intelligent. And a lot of other things. But they certainly collectively know how to leech off the government teat and beat a drug test.
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and EVs can't perform well in very warm or very cold climates, and you have to keep replacing the tires, and it has no resale value at all.
...
Batteries don't "like" really cold and really hot weather. Remember the 1960s/1970s Sears Die Hard commercials set in cold weather? Die Hard batteries did not do well in the hot weather of AZ's Valley of the Sun.
Really cold and really hot weather are double-whammies for EVs. The high or low temperatures significantly reduce the potential range, and having to use the cars' heater or AC reduces the range even more. Why Warmista EV drivers who live in hot climes are not worried about the effects of Global Warming on their EVs eludes me.
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In the real world, Truth Social's stock price is rising, https://www.msn.com/en-us/money/markets/djt-stock-drops-trump-s-stake-in-truth-social-parent-is-falling-in-value/ar-BB1kVDoO .
Tesla's stock price is down about $8 per share from yesterday, slightly less than a 5% drop, and it has been trending downward for at least 6 months. It's silly of me to think this way, but I suspect Tesla's performance in the car marketplace particularly and that of EVs generally probably has much more influence on Tesla's stock price than Elon Musk's refusal to silence Trump and other Rs & conservatives.
Well, there's the problem right there.
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Well, there's the problem right there.
Sometimes I'm a Snarkasaurus Rex.
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WRT Tesla:
Tesla Shares Fell Nearly 9 Percent in First Quarter as Demands for EVs Slows
https://www.theepochtimes.com/business/tesla-shares-fell-nearly-9-percent-in-first-quarter-as-demands-for-evs-slows-5620151 (https://www.theepochtimes.com/business/tesla-shares-fell-nearly-9-percent-in-first-quarter-as-demands-for-evs-slows-5620151)
Tesla sales fell sharply in the first quarter, marking the automaker’s first year-over-year decline in quarterly deliveries since 2020 and fueling Wall Street’s concerns over the company’s growth expectations this year.
The Elon Musk electric vehicle (EV) manufacturer on Tuesday said it delivered 386,810 vehicles from January through March, down 8.5 percent from the 423,000 it sold during the same period last year. FactSet analysts expected the Austin, Texas-based company to deliver 457,000 vehicles.
The company’s news comes amid increased competition worldwide, slower electric vehicle demand, and lower prices that failed to attract more buyers.