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Can't Tesla fund their own loans? (high interest, demand impact, etc)
Who they lend to doesn't have to be bad risks. Why would they do that? The reason to get into financing is because the interest rates are dumb for the product, not to lend to bad risks. -Crissa -
Bought TSLA stock today
But the market doesn't work that way. The vast majority of of investors don't price in growth. Which is why growth companies, even if they're dependable, are much more volatile. You end up with the market fundamentals, and the push-pull between lucky go lazies and those who actually do their... -
Can't Tesla fund their own loans? (high interest, demand impact, etc)
I would prefer they keep up the demand curve with financing rather than buybacks, but that's just me. Everyone will have different priority listings ^-^ -Crissa -
Can't Tesla fund their own loans? (high interest, demand impact, etc)
True, but they're maxed out on Gigafactory construction expertise right now, apparently. -Crissa -
Bought TSLA stock today
He's certainly not helping any, though. His sell-offs are suppressing the price, and his trolling is harming the brand. None of my friends are willing to promote Tesla technology anymore, and several won't even talk to me about space stuff, either. Because it reminds them he's provided a... -
Bought TSLA stock today
Very little of the stock drop is due to him being a troll, despite the narrative. -Crissa -
Bought TSLA stock today
The more news says the CEO is sinking the company, the more the company's stock will sink. Image and narrative over hard numbers. -Crissa -
Elon Talks Economy, Possible Discounting, Demand Issues, Stock Sales, and TSLA on on Twitter Spaces
I think these are interesting, but they're just blowhards yapping in front of a camera. Just because someone has a camera doesn't make their arguments better. It makes them worse, usually. -Crissa -
Elon Talks Economy, Possible Discounting, Demand Issues, Stock Sales, and TSLA on on Twitter Spaces
"This experiment with socialism" is what gets you unemployment benefits, clean food and water, social security, and even things like freeways and fire fighting. It sounds like something super-off-topic around here, and a category violation. Democracy and socialism aren't in conflict. They... -
Elon Talks Economy, Possible Discounting, Demand Issues, Stock Sales, and TSLA on on Twitter Spaces
You're not, because we've been in the longest expansions since the 30s. Also, people keep choosing variable rates, which are terribly consumer unfriendly. But don't confuse consumer debt with federal debt, which isn't variable, and benefits us all when it buys stuff like roads and hospitals... -
Tesla drivers say they've faced more incidents of road rage since they started driving the electric cars
There will always be those who want to blow smoke. It's the stragglers the laws are for. Right now the fastest four-doors are BEV. And they're beating out ICE powered vehicles smaller and four times more expensive. You're right. They'll mostly wonder why anyone would want to trudge along in... -
Tesla drivers say they've faced more incidents of road rage since they started driving the electric cars
You can buy what you want. Just don't expect to be able to release exhaust downtown or in the park or on spare the air days. And there's no reason we should allow someone to manufacture and sell something that's spewing toxins everywhere. -Crissa -
Elon Talks Economy, Possible Discounting, Demand Issues, Stock Sales, and TSLA on on Twitter Spaces
Depends what kind of debt it is. If inflation outpaces the loan, then the loan shrinks in comparison. In that way, inflation is good for the little guy in debt. -Crissa -
Elon Talks Economy, Possible Discounting, Demand Issues, Stock Sales, and TSLA on on Twitter Spaces
This isn't true. At least, not any more than it is on a regular year where they had a factory labor interruption. Every time the manufacturer screws up - like they did this year not paying their workers during a covid lockdown - and ends up in the news, they reorganize the supply. Like Rob... -
Tesla drivers say they've faced more incidents of road rage since they started driving the electric cars
Only way to push back against it is to... push back against it. -Crissa -
Tesla drivers say they've faced more incidents of road rage since they started driving the electric cars
The glass isn't bullet proof and Tesla never claimed it. -Crissa -
Elon Talks Economy, Possible Discounting, Demand Issues, Stock Sales, and TSLA on on Twitter Spaces
There's going to be snap-back from halting inflation. But as to what it'll be, no one really knows. We've not has these conditions previously. I don't expect a recession, but those expecting one will take actions - like laying off thousands and stopping financing - that will precipitate one... -
Elon Talks Economy, Possible Discounting, Demand Issues, Stock Sales, and TSLA on on Twitter Spaces
Australian's Consumer Debt to Income is nearly entirely tied to the price of houses. Not just new houses, existing stock. Can't go without a place to live. So... -Crissa -
Bought TSLA stock today
Not to get political, but it's why ethics, laws, and regulations exist. Because some people will optimize in unhealthy, unfair, and unethical ways if that optimizes for their comfort or survival. -Crissa -
Bought TSLA stock today
Money in the absence of other controls doesn't promote ethics, hence, it promotes the lack thereof. It's one thing JBee and I agree upon, because it's plain as day. One variable alone of course will not track for another one. It's why breeding dogs for pug noses or pretty wolf coats breeds...