TESLA/$TSLA

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edmundedgar
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TESLA/$TSLA

Post by edmundedgar »

VanillaEssence wrote:
Thu Jun 24, 2021 7:24 pm
I think you can invest in foreign index funds from japan anyway right?
Yup. Individual stocks may be fiddly but everyone sells foreign index funds.

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Otona Cream Pie
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Post by Otona Cream Pie »

edmundedgar wrote:
Wed Jun 23, 2021 7:50 pm
I'd stay away from the meme stocks, you're likely paying a premium for other people impressed by publicity stuff. If you got into Tesla early then congratulations (and maybe consider taking some profits), but people putting in money now aren't likely to do as well. Also with Elon I get the impression that he's more interested in doing great things than looking after his investors, which is cool on a human level and he does great things, but combined with his tendency to bullshit and his disrespect for securities laws that are there to protect investors should make you hesitate to volunteer to fund his great things.
I think you're mistaken if you think Tesla is a "meme stock." For the record, I was balls deep before it took off and keep adding to it. I'm not a trader though, many people are (or are trying to) capitalize off the volatility of the stock price. I'm in for the long run, 5yrs minimum, likely 10. Why? Been in the car industry a long time and my take is Tesla is going to keep killing it for the foreseeable future. Selling out of everything they can pump out without advertising, without dealers, and despite the misleading reports, the demand continues growing. You often see a clown report a drop in market share in some specific market, during a specific timeline....and that usually correlates to some market that requires shipment of the vehicles and the time between shipments. An honest take would look at annual sales/market share, or even better, global annual sales/market share.)


Tech-wise, Tesla has a massive head start in soooo many ways and keep pushing the envelope. For example, their gigapress manufacturing method is pumping out more qty, at better precision, for less...any is not easily replicated by other manufacturers who lacked the cajones or materials engineering to try it. Like their new 4680 battery cells, the concept of 3 main pieces of a vehicle instantly from a mold allows them to keep lowering costs and increasing performance while simplifying manufacturing. These types of advancements will keep coming when you realize the brains graduating all over the place that want to go work there. It's a snowball effect that is already much bigger than most realize.

I also disagree that people getting in now will not do as well. We're looking at 40-50% growth each year for the foreseeable future and recently the stock price has been battered down by quite a bit of misleading info. $680 last night, I think we'll be at or over $1,000 by year's end. It can 10X again with what's in the cards and I'd say it's likely to become the largest company in the world when full self driving is fully released and it's non-automotive businesses get up to speed.

As to Elon, most of the neg. hype around his tweets is centered around overoptimistic timelines and jokes that have taken on a life of their own. No doubt he shitposts and is often overoptimistic but I'd argue that without a leader like him, the company wouldn't be executing on it's not so secret game plan that is being realized. How many CEO's of companies understand the engineering of their products like him? How many CEO's of companies make themselves available to everyone in the company? When he's not shitposting on twitter, he's getting alot done, fast...and that's only accelerating. I think most people simply can't fathom exponential growth and underestimate what's going on and how fast the company is expanding.
Zasso Nouka wrote:
Thu Jun 24, 2021 5:58 am
edmundedgar wrote:
Wed Jun 23, 2021 7:50 pm
Also if you're a Japanese taxpayer making enough to be investing in stocks you'll probably get better tax treatment investing in either Japanese-traded companies or Japanese funds. If you have regular income and you're staying until retirement, get an IDECO. This is quite restrictive - it has to be a fund not individual stocks, and I think there are restrictions on cashing out - but you get a tax break on what you put in. If you need the flexibility, get a NISA - that lets you put in a million-and-a-bit yen per year, with no tax on the gains, and you can use either a fund or individual stocks. If you buy individual Japanese stocks they send you presents as well as dividends, which is nice. Either stuff the money in an index fund (domestic or foreign or both) or just pick some stocks at random.
Are Japanese companies worth investing in ? The returns seem so much lower than putting it in American companies.
Good to know! I'm not making beacoup yen at the moment but I'm trying to change that with more time put into my side hustles. I've mostly avoided J-companies in the past due to all the scandals with the zombie companies exposing the serious lack of transparency at the listed companies here. It goes on in the US too but it tends to be more obvious. There are a few good ones with amazing returns but there is also the issue of J-stocks needing to be bought in multiples. (meanwhile in kaigailand, you can actually buy fractions of shares....not that I recommend that as you have no voting rights) My other issue is I'm not wifed up yet so there is the possibility I move back stateside. For now, all about that Roth.

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Otona Cream Pie
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Post by Otona Cream Pie »

This aged well :dance:
Oct 25 (Reuters) - Tesla Inc (TSLA.O) on Monday neared $1 trillion in market capitalization as the company founded by Elon Musk received its biggest-ever order — 100,000 electric rental cars for Hertz.

Tesla shares were up 7.5% at $978, hitting a new record high Monday, following the order. Shares were also buoyed by news of the company's Model 3 becoming the first electric vehicle to top monthly sales of new cars in Europe.
https://www.reuters.com/business/autos- ... 021-10-25/

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Zasso Nouka
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Post by Zasso Nouka »

That's quite a nice boost for the company. Electric cars make a lot of sense for hire & taxi companies, well they make a lot of sense for everyone but that's by the by, massively reduced maintenance and running costs have to be the main draws for companies like Hertz I would have thought.

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Otona Cream Pie
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Post by Otona Cream Pie »

I have a feeling the other rental agencies will follow. Less maintenance cost and customer draw will be huge. Some taxi companies are already loading up on them. The best part (for the stock) is free advertising and getting people their first spin in an EV. Oh, and there's also the matter than these were sold at retail. Balls of titanium to not discount a 42billion dollar order :lol: I certainly have more in my securities account I can borrow against from it :D

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Zasso Nouka
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Post by Zasso Nouka »

I'm seeing more and more Leaf's used as taxis over here so that's a positive in electric cars favour.

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Post by Otona Cream Pie »

Zasso Nouka wrote:
Thu Oct 28, 2021 1:12 pm
I'm seeing more and more Leaf's used as taxis over here so that's a positive in electric cars favour.
Nice, the taxi case would be perfect if they could charge at those taxi spaces in front of the stations. When that happens, it's over for gas-taxi's.

The way I see it as a non-hippy, muscle car lovin' 'merican, for us in general...it's less dependence on oil, cleaner air and less used oil/filters/elements to deal with. I'm curious how the gubmnt will try to make up for the loss of revenue in taxing gas though. The tolls here are already nuts.

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Zasso Nouka
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Post by Zasso Nouka »

Once taxi drivers realise they can make a huge saving on maintenance and running costs switching over becomes a no brainer.
Otona Cream Pie wrote:
Fri Oct 29, 2021 5:58 pm
I'm curious how the gubmnt will try to make up for the loss of revenue in taxing gas though. The tolls here are already nuts.
That's something a lot of countries are going to have to deal with eventually. So far gasoline and diesel have been a cash cow in terms of revenue.

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Otona Cream Pie
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Post by Otona Cream Pie »

Zasso Nouka wrote:
Fri Oct 29, 2021 7:50 pm
That's something a lot of countries are going to have to deal with eventually. So far gasoline and diesel have been a cash cow in terms of revenue.
Yep, can't replace that with an elec tax as that's getting cheaper and if you have solar, you can get buy without paying for it. Only thing I can think of is increased tolls but I think Japanese tolls are already world leading.

Speaking of taxes, the far left in the US is trying to pass a bill to tax unrealized gains on the wealthy...financial education is definitely not a high point but that's a new level of ignorance.

:doh:

Knock-knock, it's the IRS. We say you bought a lottery ticket. You haven't technically won the lottery yet but since your ticket could possibly earn you a million dollars, you owe us $500,000 now! If you lose, I'm sure we can offer a $500,000 tax credit on next years return :evil: (I'm sure we all trust that $500k certainly won't be wasted on bloated, ineffective, government projects pushed by corrupt politicians...it's not like the billionaires the bill will initially target have done anything for humanity)

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Zasso Nouka
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Post by Zasso Nouka »

I'm not being insulting here but it always amuses me when Americans call the Democrat party left wing or countries that have a national health system Socialist.

Personally I'm all in favour of taxing the rich to the hilt. Tax them at the normal rate up to the first 10 million say and then anything over that at 90 or 95% and count everything not just income. 10 million a year is enough for anyone to live on comfortably.