ICE or EV?
- Thread starter irvinehomeowner
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NEW -> Contingent Buyer Assistance Program
And talk about current:
www.spglobal.com
Will ya look at that, top companies deal with science, technology, innovation, and hey, Tesla is there too…
https://www.bloomberg.com/opinion/a...uits-could-coinbase-and-binance-ever-be-legal
I told you…I will be right about EVs too…can’t really ever find a unicorn…but a sucker is born every day!
These appear to have to do more with the economy/finance topic, we talked about Tesla vs Ferrari stocks earlier as the topic of this thread is EV/ICE, but since you like strawman arguments, one can easily look at the S&P500 top companies I've posted, Tesla, Google, Apple, Microsoft, if you invested in those early on instead of oil or ferrari, you'd be owning buildings in newport instead of working there...
I don’t invest in Bitcoin, but looking at BTC and Binance BNB, counter argument is that if you’d invest from the beginning, you’d be up 8000% and 5600%. If sold at the high, it’d be 19000% and 14000%. Also if you just shorted Tesla without a hedge, during that run up you’d be in a world of hurt
And how about a cookie for you? Pretty much sums up the bold fonts and biased posts…
You posted your gains but not your losses (is that what you do in your spiel to clients), let me guess, you don’t have any…
Like I said, if you and your clients had invested in Tesla from the early days, or even Bitcoin, your comments about easy pickins and idealist never saw it coming falls flat on its face, but do carry on
Eventually, yes…I think it will fail..the same way no one thought Coutrywide would go under in the middle of the RE mania. However, unlike Countrywide, I never recommended or shorted TSLA. There are too many other easy ways to make money. Focus on one stock all you want but the vast majority of EV investments have been spectacular failures…Tesla has been the beneficiary of significant government largesse… my point then, as it still is, would be if you pull that government support, it would collapse. Even theses chinese teslas with their significant government support are still failing….the trend is not as robust as you may hope…
Chinese Tesla rival shares dive 11% after it forecasts a plunge in car deliveries
· Xpeng shares were down after the company reported earnings that missed expectations and forecast a plunge in car sales.
· Xpeng forecast deliveries of its vehicles to be between 21,000 and 22,000 in the second quarter, representing a year-over-year decrease of 36.1% to 39.0%.
· Xpeng’s revenue in the first quarter plunged 50% year-on-year to 4.03 billion Chinese yuan ($571.6 million).
· Xpeng has been hurt by a tough macroeconomic situation in China as well as rising competition from Tesla, BYD and electric car startups.
https://www.cnbc.com/2023/05/24/xpeng-xpev-q1-2023-earnings-report-deliveries-forecast-to-fall.html?__source=iosappshare|com.apple.UIKit.activity.Mail
Nio — Shares of the electric vehicle company dipped 2% in premarket trading after it reported that vehicle sales decreased 0.2% year over year. The company’s vehicle margin and net loss also worsened year over year.
https://www.tipranks.com/news/nio-down-after-margin-contraction-soft-outlook
No it’s and buts, those are just facts. Infinitely more, like more than 16000% during that time frame? Yeah right…. You and your clients would’ve retired in Newport if that were the case
And talk about current:
Just 7 companies are carrying the S&P 500 in 2023
Many of 2022's biggest losses have been reversed in 2023, though the rally has been narrow and is likely to be short-lived.
www.spglobal.com
Will ya look at that, top companies deal with science, technology, innovation, and hey, Tesla is there too…
morekaos
Well-known member
How Could Coinbase and Binance Ever Be Legal?
The SEC’s lawsuits show what crypto platforms shouldn’t do. But the US needs better rules defining what they can and should.https://www.bloomberg.com/opinion/a...uits-could-coinbase-and-binance-ever-be-legal
I told you…I will be right about EVs too…can’t really ever find a unicorn…but a sucker is born every day!
Attachments
Help me connect the dots, what does coinbase/binance have to do with Rivian?How Could Coinbase and Binance Ever Be Legal?
The SEC’s lawsuits show what crypto platforms shouldn’t do. But the US needs better rules defining what they can and should.
https://www.bloomberg.com/opinion/a...uits-could-coinbase-and-binance-ever-be-legal
I told you…I will be right about EVs too…can’t really ever find a unicorn…but a sucker is born every day!
These appear to have to do more with the economy/finance topic, we talked about Tesla vs Ferrari stocks earlier as the topic of this thread is EV/ICE, but since you like strawman arguments, one can easily look at the S&P500 top companies I've posted, Tesla, Google, Apple, Microsoft, if you invested in those early on instead of oil or ferrari, you'd be owning buildings in newport instead of working there...
irvinehomeowner
Well-known member
Quoted for futility.
morekaos
Well-known member
Trends and manias aren’t hard to spot when you know what to look for. The trick is turning that insight into financial gain. EV’s have all the hallmarks. Bitcoin, and online trading will always exist to some extent just as EV’s are here to stay for some extent but the complete takeover and massive change hoped for by idealists won’t. There’s money to be made and money to be lost.
irvinehomeowner
Well-known member
I used to respect your financial acumen... but you have been wrong on several calls that are pretty much no brainers.
Crypto is suspect and many agree... but EVs are going to be ubiquitous whether you like them or not.
Crypto is suspect and many agree... but EVs are going to be ubiquitous whether you like them or not.
Umm, ok, yes, stocks go up, they go down, can make money both ways (is this your spiel to clients?) but your posts are biased to prove your narrative with a nifty 20/20 hindsight tool and specific company at specific timeframes.Trends and manias aren’t hard to spot when you know what to look for. The trick is turning that insight into financial gain. EV’s have all the hallmarks. Bitcoin, and online trading will always exist to some extent just as EV’s are here to stay for some extent but the complete takeover and massive change hoped for by idealists won’t. There’s money to be made and money to be lost.
I don’t invest in Bitcoin, but looking at BTC and Binance BNB, counter argument is that if you’d invest from the beginning, you’d be up 8000% and 5600%. If sold at the high, it’d be 19000% and 14000%. Also if you just shorted Tesla without a hedge, during that run up you’d be in a world of hurt
morekaos
Well-known member
Yah but you didn’t do any of that..did you? People here and at ihb know I do what I say. Sold all my RE in 2005…when everyone thought that crazy and believed in the Unicorn….bought it all back in 2011-13 at enormous discounts. Also made my water home purchase with profits from shorting Countrywide New Century, frontier and Washington Mutual…easy Pickn’s but the idealists never saw it coming…that’s why I love you guys!!
And how would you know? Lol.Yah but you didn’t do any of that..did you? People here and at ihb know I do what I say. Sold all my RE in 2005…when everyone thought that crazy and believed in the Unicorn….bought it all back in 2011-13 at enormous discounts. Also made my water home purchase with profits from shorting Countrywide New Century, frontier and Washington Mutual…easy Pickn’s but the idealists never saw it coming…that’s why I love you guys!!
And how about a cookie for you? Pretty much sums up the bold fonts and biased posts…
You posted your gains but not your losses (is that what you do in your spiel to clients), let me guess, you don’t have any…
Like I said, if you and your clients had invested in Tesla from the early days, or even Bitcoin, your comments about easy pickins and idealist never saw it coming falls flat on its face, but do carry on
morekaos
Well-known member
Really? Which specific financial calls do you think i got so wrong? Which obvious “no brainers” have I missed?
irvinehomeowner
Well-known member
Uh... Tesla. You keep forgetting you said they would fail. You won't even admit it because you always dance to something else.
irvinehomeowner
Well-known member
That’s not what you said but why expect you to be truthful?
morekaos
Well-known member
Really? Well what did I say? It’s all out there I don’t erase things like Eyephone.
irvinehomeowner
Well-known member
You said Tesla will collapse (just like you keep saying about every other EV company until you get it right).
Do you still think so?
Do you still think so?
morekaos
Well-known member
Eventually, yes…I think it will fail..the same way no one thought Coutrywide would go under in the middle of the RE mania. However, unlike Countrywide, I never recommended or shorted TSLA. There are too many other easy ways to make money. Focus on one stock all you want but the vast majority of EV investments have been spectacular failures…Tesla has been the beneficiary of significant government largesse… my point then, as it still is, would be if you pull that government support, it would collapse. Even theses chinese teslas with their significant government support are still failing….the trend is not as robust as you may hope…
Chinese Tesla rival shares dive 11% after it forecasts a plunge in car deliveries
· Xpeng shares were down after the company reported earnings that missed expectations and forecast a plunge in car sales.
· Xpeng forecast deliveries of its vehicles to be between 21,000 and 22,000 in the second quarter, representing a year-over-year decrease of 36.1% to 39.0%.
· Xpeng’s revenue in the first quarter plunged 50% year-on-year to 4.03 billion Chinese yuan ($571.6 million).
· Xpeng has been hurt by a tough macroeconomic situation in China as well as rising competition from Tesla, BYD and electric car startups.
https://www.cnbc.com/2023/05/24/xpeng-xpev-q1-2023-earnings-report-deliveries-forecast-to-fall.html?__source=iosappshare|com.apple.UIKit.activity.Mail
Nio — Shares of the electric vehicle company dipped 2% in premarket trading after it reported that vehicle sales decreased 0.2% year over year. The company’s vehicle margin and net loss also worsened year over year.
https://www.tipranks.com/news/nio-down-after-margin-contraction-soft-outlook