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As the late, great Charlie Munger once said: “If you’re not willing to react with equanimity to a market price decline of 50% two or three times a century you’re not fit to be a common shareholder and you deserve the mediocre result you’re going to get compared to the people who do have the...

Elon is disrupting multiple industries, simultaneously: media, energy, and of course transportation. The hit pieces on Elon will intensify as he disrupts them more and more. So whenever we see an article, we must read it with an open mind. What is their agenda? What are they not informing...

One quarter doesn't make a trend. More importantly, the refreshed Model 3 isn't even fully ramped up. So they take every opportunity to criticize and paint Elon in a negative way they (the media) can, because Elon Bad. No wonder traditional media is slowly dying.

He made the right call about Enron and came out very well. That right call made him think that he can again figure out which other companies are "fraudulent" and of all the companies that he could be suspicious of, he chose Tesla. Well we all know how that turned out. Never bet against Elon.

And a real dumb take as well as Tesla has actually turned on heated seats for free on some base models in Canada.

The more TSLA chops sideways, the larger the increase. I hope the stock stays low like this for a long time so I can accumulate more. No one knows when the next run-up will be, but once RoboTaxis are announced and the revenue impact is realized, the market will immediately price it in. Just...

One thing I love about Tesla is that they are happy to pay their fair share of taxes. Tesla could save money by headquartering in Ireland (like Apple and other tech companies), but they choose to stay in the States and help pay taxes. This means more to me than anything else.

Few points: - This in no way, shape, or form "screws" Tesla - Tesla doesn't need this money; they are now fully self-funded but others need help - The $13B is to make EVs. Don't we want more EVs? - Lastly, this $13B is a loan. It has to be repaid. Tesla also had received loans from DOE in the...

Margin you say? Which bank would allow them the loan from just the refundable deposit? Answer: none. As I said, it's a red herring when people talk about deposits. It is not cash to Tesla nor is it an asset. It's a liability and Tesla is legally prohibited from using it.

You raise a great point about Tesla and its standards. Something else that really impresses me: while the majority of tech / IT companies have a safe haven for their taxes (aka, they have their head office registered in Ireland to save on taxes), Tesla is the only US company that is...

This is false. By law, Tesla cannot touch or use any of the deposit money. It shows up as a liability in Tesla's balance sheet. Stop spreading incorrect information. BTW, Tesla has had enough cash to build out multiple factories. They don't need to use the deposit money.

Yeah, but is it lost on you that the Corolla costs half of what Model Y costs? The fact that the Model Y is at the top in terms of sales despite being 2x as much expensive as the 2nd best tells you something.

So lets take this a bit further: why do you think their operating margins are so much higher than other manufacturers? It's because of their capabilities in software, which allowed them to design and then build the machine that builds machines (aka cars in this case). That is what everyone...

That's a very valid point. And this is the reason why Tesla's market cap is still only 0.6 Trillion vs. what it could (should?) be once everyone realizes what Tesla is about to do. The market still thinks of Tesla as just a car company, albeit as an elite one. I say give it some time (say 5...

100%. We have never seen a mega-cap company grow at this pace in history. Never. And here is the kicker: Tesla is just starting their growth. I fully expect Tesla to be the largest AI company in the world, within a decade. A lot of folks are sleeping on what FSD can do, not to mention...

Umm... didn't Tesla earn more net profits than both GM & Ford combined in 2022? And Tesla only had 4 models vs. GM and Ford's combined 70 models. And Telsa only sold 1/10 of the cars than both GM And Ford combined. Now imagine Tesla's profits when they sell 10M vehicles per year. Their...

I watched a few Sandy Munroe's videos when they tore down vehicles. Basically, Tesla's manufacturing advantage is so large that no other manufacturer comes even close. The way Tesla continues to advance is just phenomenal. Unfortunately, legacy autos are royally screwed because they don't...

You're not giving other manufacturers enough credit. Now I agree that many big names legacy auto WILL fail. But there will be a few remaining, for leftover scraps. Tesla cannot possibly build 80M+ cars per year. We need others to pick up the scraps. To that end, I hope enough automakers...

If RoboTaxis are the norm, then yeah you are absolutely right. But I think people still want a different product, even though that said product is objectively inferior to the best product (Tesla). People are funny this way. Psychology plays a huge role that's why I maintain that there will be...

That's a good point. And I think we all agree that Tesla will never, ever have 100% market share. But I can tell you that Tesla is likely to take majority of the profits. Let me give you an example. Apple's iPhone has a total world-wide market share of less than 20%. Yet it takes in 90%+...