It looks like you're new here. If you want to get involved, click one of these buttons!
Subscribe to our Patreon, and get image uploads with no ads on the site!
Base theme by DesignModo & ported to Powered by Vanilla by Chris Ireland, modified by the "theFB" team.
Comments
Hindsight and magic crystal balls are a wonderful thing.
Never mind the stock price yesterday or today, I'm more interested in what the long term future for Tesla is, what do the company financials and projections look like?
Do you reckon they will be still around in 10-15 years or will they become the Blackberry of the EV world?
Will we actually have the conviction to carry on transitioning from ICE cars or will we row back as we have with the use of coal to produce electricity?
the stock price was way in excess of any likely future profits
that doesn't mean that it was too late to get a bit of ponzi-scheme tulip-bulb action and make a profit
As I look back and consider where to direct new money for 2023, on reflection, It's been a very challenging year for investors, with the one in a hundred year bonds market crash, decimating many "safe" high bond content funds, with those bonds elements unlikely to recover for 5-10 years or so.
REITs have been hard hit, stocks are down globally with only really the FTSE 100 barely keeping its chin just above the water line, due to the surge in the energy stocks it holds. Commodities have held up well. UK investors in US funds protected from the full effect of the downside by the fall in the pound, but still down. UK high dividend stocks have probably paid out well though.
Should have been some opportunities for traders amongth the carnage I would have thought?
I think 2023 may be equally choppy, I don't think this bear market is anywhere near over yet, there needs to be blood on the streets, despair and complete capitulation first...so, if that is to come, then I will be buying stock fund units at even lower prices.
I have a day job, so am avoiding that at present, since it needs attention through the trading hours
On my shares in my SIPP I was down about 5% then up about 1%, my mate said sell, and I didn't so now about 5% down again, so not a bad place for me really. We're basically looking for undervalued stocks with manageable debts in the light of interest rate hikes. Looking for firms with few short term debts,
I've invested quite a bit in low LTV REITs that are undervalued
I have to disagree with this based off of my own portfolio, granted I'm not a ''activist investor'' nor an ''ethical investor'', so I have invested in a lot of sins, and I pick stocks, I've taken a punt on a index fund, purely to get real world numbers for comparing Lego to an index fund, and gold, and as I mention above, my portfolio - without the index fund, is up close to 15%, that's inflation beating.
https://metro.co.uk/video/huge-line-teslas-queue-electric-charging-point-south-mimms-services-2844577/
I saw that, we had temps as low as -18.3 degrees C here last week, the few people in the village who have EVs couldn't charge them full stop it was that cold for the batteries for those days
I hadn't realised the cold would cause this much trouble
Why don't they have heaters on the battery packs?
it's been out for a year or so now
https://www.jcb.com/en-gb/campaigns/hydrogen
basically can handle longer and harder usage cycles than EV
And that is with the phone in my jeans pocket with some body heat transfer. So I imagine a EV with say 300 miles range to have maximum 50% of that in the depth of winter when it's below 0c.
That is just not going to work since the behaviour of the battery too would be out of character, it hits a wall and plummets, rather than it's normal (close to) linear curve in use so you might find youself in trouble all of the sudden thinking you have like 50% left when it would stops working.
Hydrogen is what I'm betting on - I believe there's a long haul test flight using hydrogen happening very soon, if not lpg, which is already in use and current ICE can be converted to very easily. I believe the king has a hydrogen powered car, he was promoting a company that's doing R&D and building them, not so long before the queen's death, can't remember the company's name, but it's British, and the car he was filmed in front of and taking for a spin was a dark blue colour.
Bandcamp
Where hydrogen is likely to be really good is in shipping (in the form of ammonia) and aviation (by via man-made hydrocarbons).
And as for heaters on batteries, some Teslas have them..!
My humble EV has a battery warming system for (very) cold weather (still not been needed) and has a range of about 160 miles in the cold vs 200 miles in Summer.
TLDR - on average, Winter range (Norwegian conditions) is 82% of Summer range. Can be as high as 90% or as low as 70%.