Battery based electric vehicles of today and tomorrow.

[PuffyC]

Another Enron is coming

If you think Tesla is Enron you should short them and make yourself wealthy. It's super easy and doesn't even cost you much so sky's the limit.

 

[Whidbey]

If you think Tesla is Enron you should short them and make yourself wealthy. It's super easy and doesn't even cost you much so sky's the limit.

Investors have lost a ton of money attempting to short Tesla. Financial analysis shows the company is grossly overvalued however there are believers that keep buying propping up the stock price. So my advice is, don't do it!

 

[PuffyC]

Here's a financial columnist's opinion on how the 'next Tesla' companies are progressing. To summarize, there's a lot of smoke & mirrors.

Bloomberg - Are you a robot?

The author is solid. He used to put together deals like the present EV startup investments. I'm subscribed to his daily articles like this one. [His experience includes]" ...investment banker at Goldman Sachs, a mergers and acquisitions lawyer, and a clerk for the U.S. Court of Appeals."

"every one of them firmly believes that it will be between “the next Tesla” and “much bigger than Tesla.” ...and maybe one or two will be companies in the recent crop of SPAC-funded electric-vehicle startups. But will Nikola Corp. and Fisker Inc. and Lordstown Motors Corp. and Canoo Inc. and Arrival Ltd. and Faraday & Future Inc. and Lion Electric Co. and Proterra Inc. ... all be the next Tesla? Seems implausible. Some of these things are not going to work out.

"they all need lots of money to start making vehicles, so they all go to investors to ask for money ...

"It is one thing to say “we hope to sell a zillion electric trucks in 2030”; it’s another thing to say “we already have trucks rolling off the assembly line” when you don’t, as Nikola Corp. more or less did. That is the sort of, uh, let’s say fraud-adjacent behavior

"Lordstown Motors Corp. was so excited about making and selling electric trucks that it went around telling people it had already sold a bunch of them. But in fact it had not, oops:


"...The stock closed down 18.8% yesterday.

He goes on to look at EV startups from an investment perspective:

"The story of electric-vehicle startups is closely tied to the story of special purpose acquisition companies, and every time an electric-vehicle company does something disappointing it is natural to conclude that SPACs are bad. Here is DealBook today:



In summary - he says big investment banks can afford to gamble, investing in several startups, and perhaps one of the investments will have spectacular results, while an individual investing in a single startup is facing steep odds.

​

It will definitely be similar to the dot com boom where most startups failed. Any time disruptive tech comes onto the scene you have a gold rush of people wanting to cash in and that attracts the shysters. What this should be telling you is that EVs are truly the next big thing, otherwise you wouldn't see everybody and their dog trying to grab a piece of the action. Invest wisely and you'll be rich, invest poorly and you'll be broke, and IMO Lordstown was always a poor investment. There are plenty more where they came from too.

 

[PuffyC]

Investors have lost a ton of money attempting to short Tesla. Financial analysis shows the company is grossly overvalued however there are believers that keep buying propping up the stock price. So my advice is, don't do it!

Do not listen to this man! If EVs are a conspiracy and Tesla is a fraud like Enron then you'd be a fool to not short the stock.

 

[MoKelly]

Do not listen to this man! If EVs are a conspiracy and Tesla is a fraud like Enron then you'd be a fool to not short the stock.

Only if the fraud was revealed within the timeframe the stock has to be repaid to the broker.

Frauds often take years to be revealed.

MoKelly

 

[PuffyC]

Only if the fraud was revealed within the timeframe the stock has to be repaid to the broker.

Frauds often take years to be revealed.

MoKelly

There's no time limit on short positions, all you gotta do is cover the interest. Plus if people here have already figured it out then the SEC and the big money investors will not be far behind.

 

[buckeyefarmer]

If you think Tesla is Enron you should short them and make yourself wealthy. It's super easy and doesn't even cost you much so sky's the limit.

No, was talking the other startups with no product.

 

[California]

Enron? I thought he was referring to the present energy shortage crisis in Texas that 'nobody saw coming', ... ie manipulated by energy brokers.

 

[/pine]

If you want to short Tesla just watch the put-call ratio...it's still crumbs but you can hide behind the big guns/smart money...!

 

[Grumpycat]

I disagree. AGW is real. it's just that the Kool Kids™ can't be honest about it. Or about anything else.

We found that out when we hacked the e-mails out of East Anglia University. The lying and deception was, and still is, mind-boggling. (a lot of that info has been scrubbed, so if you're interested, you better read it while you still can)

They just can't be honest. About anything. Ever. Not ever.

Some of their 'causes' have merit and should be taken seriously but they just can't stop lying.

The truth is, if these people took up a cause calling for free beer to all working men every Friday Night, I would not believe them. I know there would be a deception somewhere. They're pathological liars. IOW, they lie when the truth would work just as well, or better. Or (even more scary), they honestly don't know when they're lying. That is the biggest difference between them and us.

But I think it's really the fact that, they don't care that they lie. They just simply don't care.

To them, their cause is so Holy, so important, so beyond the understanding of us Lumpen Proletariat that they lie with impunity. They are the only True Believers. Saviours. **** Superior

Believe it.

I can't tell which way you are arguing.

Earth's last glacial period ended about 10,000 years ago. We are now in an interglacial warming period which historically lasts 10,000 to 15,000 years. So I'm at loss as to how Man has been warming the Earth the past 10,000 years? And what about all those ice ages prior to that?

Simple minded "Anthropogenic Global Warming" say "it must be true" because if one lights a match then things get warmer. They ignore the science which says heat must be extracted from the system to create the chemicals used in the match head. Heat is extracted in growing the wood for the stick of the match.

Simple minds look at the "greenhouse effect" of going from 0 to 50 PPM CO2 and declare certain doom! But the effect is logarithmic not linear. At 300 PPM we have 92% of the possible greenhouse contribution due to CO2. Double to 600 PPM and we'll be about 95%. Going from 150 to 300 PPM made hardly any difference and there isn't any more greenhouse effect remaining. But that is totally inconvenient as CO2 must be controlled even if it requires a totalitarian world government.