How weird. The post froze and I couldn't type in it. I was going to type that the impact on the other 499 stocks will be pretty diluted, but it'll still be downward pressure on them to sell off, counterbalanced by upward pressure that's concentrated on TSLA.
I'm hoping to make some money off of this. [Reply]
Originally Posted by Rain Man:
The other interesting part is that other stocks will be selling off to rebalance index funds. For every action, there is an equal and opposite reaction, I guess.
Originally Posted by Rain Man:
That sounds pretty awesome. Are you able to buy low during the pandemic, or is it in an area where it's been able to hold a customer base?
It is up in the Smokey mountains. The only time there was a down month was the month everyone had to shutdown. [Reply]
Originally Posted by Hog's Gone Fishin:
Hang on Rainman. I think we're talking 5 chicks now!
Edit , gotta back it up to the beginning .I can't start it there.
This analysis seems flawed on the premise to me, in that my initial research indicates that there are only a few hundred thousand taxis in the US, while he supposes putting 2M taxis and adding that plus 50% growth in the number of taxis each year. [Reply]
Originally Posted by Nightfyre:
This analysis seems flawed on the premise to me, in that my initial research indicates that there are only a few hundred thousand taxis in the US, while he supposes putting 2M taxis and adding that plus 50% growth in the number of taxis each year.
What he's saying is that there are going to be tons of people that do away with car ownership and just robo taxi . If I worked and lived in NYC you bet I'd be one of those people. If Tesla keeps those robo taxis in house they're looking at 3 trillion in profit in 2030.
Thus Tesla shares should be valued at $10,000 +. That = 5 chicks at one time. [Reply]
Originally Posted by Hog's Gone Fishin:
What he's saying is that there are going to be tons of people that do away with car ownership and just robo taxi . If I worked and lived in NYC you bet I'd be one of those people. If Tesla keeps those robo taxis in house they're looking at 3 trillion in profit in 2030.
Thus Tesla shares should be valued at $10,000 +. That = 5 chicks at one time.
I can certainly see a future where you have driverless public cars that you summon as needed, and car ownership drops and mass transit goes away. It would solve a lot of the inherent "last mile" problems of public transit, and it would decrease or eliminate the need for parking. It would be a major positive change.
I'd like to see something like this. I'd convert my garage to an apartment or an Airbnb. It'll also be good timing for me as I age and become a slow senior citizen driver who accidentally lurches my car into storefronts. [Reply]