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re: Investing In Tesla

Posted on 4/26/17 at 8:41 pm to
Posted by Old Money
Member since Sep 2012
36757 posts
Posted on 4/26/17 at 8:41 pm to
The biggest argument I see from the traditional (and corrupt) O&G industry is, "Where will all of the dead lithium ion battery waste go? Keep buying fossil fuels!"

That's a shitty argument

quote:

I've been hoping for a dip too, but Im pretty worried he posts 100-150% YoY revenue growth next week and possibly even a surprise profit to trigger the most epic squeeze ever. Do you watch the options market? 2018 and 2019 $500 and $600 calls have been bought recently but large trades going off in the 380s and 450s for all ranges from sept-jan.




I wish I can afford some leap calls. 1/18/19 500s are going for 14.00. Thats wild.
Posted by dabigfella
Member since Mar 2016
6687 posts
Posted on 4/26/17 at 8:45 pm to
I mean oil isn't going anywhere, its still used in a bajillion things other than cars but I think when we look back in 100 years and see that we used to dig up oil,refine it, and pump it into cars to power them we will laugh as we can also power cars using the sun and solar panels. It's sad when you see oil spills, that tanker truck explosion posted in the OT a few weeks ago, and dangerous things that come from oil.

Is tesla perfect today? no its not, hell its charging stations still rely on fossil fuels, but the long term goal obviously is solar panels powering the charging stations to charge the cars. It's not stuff thats going to happen overnight, but to me its the biggest power shift of our lifetime and tesla has an incredible product to lead the charge at this point. I wish other auto companies would follow suit but after being bearish for a long time, I finally understood why big auto doesn't/ can't.
Posted by barry
Location, Location, Location
Member since Aug 2006
50382 posts
Posted on 4/26/17 at 8:45 pm to
Lots of that electricity will be made with the shite tons of stupid cheap NG we are sitting on.
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