Tesla's stock just hit a record $420
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Re: Tesla's stock just hit a record $420
#72Besides all the funding secured and pot jokes, can anyone explain what has happened to this stock recently? Over the last two months it has gone up roughly 30% after already having a big immediate jump after the last earnings. Is this mostly related to long term shorts finally closing their positions in the wake of those earnings? Or was there some big Tesla news that I missed that changed the perception of the compa…
Its probably because of the pickup truck that is priced very nicely (but don't rely on my personal opinion)
Re: Tesla's stock just hit a record $420
#73Earlier quoted context omitted.
EPA range of only 201 miles despite having a 93 kWh battery.
I would say that's less a disappointing bit and more just a factor of if it fits a potential buyer's needs. Even with ICE cars, people have always compared multiple cars' EPA/mileage, drivability, etc. It's hardly a new issue.
Yet the Tesla does 375 miles with a 100 kWh battery.
Do the math.
Re: Tesla's stock just hit a record $420
#74Re: Tesla's stock just hit a record $420
#75The stock is blazing! Weed jokes aside, the market has finally caught up to the fact that Tesla is years ahead of their competitors. I bought my Model 3 18 months ago and it felt like buying a car from the future. I think my feeling was correct. 2019 saw a number of serious competitors (Audi, MB, VW, Porche) release their first EVs and they've all been somewhat disappointing. Very solid first releases taken in isolat…
I’ve had my Model 3 just over a week. It’s great. I love it. But I can’t wait to get an EV in a few years from a mature manufacturer. I hope that mature manufacturer will be Tesla. Right now, though, after sales care is pretty much non-existant, I have rattles that I didn’t have in a car with over 100k on the clock, the handover was chaotic and rushed, the interior is cheap. Even so, I have no regrets. And I’ll recom…
I have a Mazda 6. I would say that Mazda is a mature manufacturer. Yet the Mazda, which I purchased brand new from the factory, sight unseen (big mistake), shook at high speeds (I found out later due to a warped brake rotor), sounded like the windows were cracked at all times and you couldn’t ever roll them all the way up (for which Mazda issues a TSB years later), pulled to the right because it came off the truck out of alignment, and made a crunch vibration in the pedal every time I pushed the brakes. The dealer refused to even acknowledge any of these problems. I had no recourse.
On the other hand, Tesla lets you return the car within a week if you don’t like it.
Re: Tesla's stock just hit a record $420
#76Earlier quoted context omitted.
It's probably not one single reason. Tesla has had a lot of good news lately, from reports about Elon behaving a little better (and winning that defamation lawsuit), to competing EV from companies like Mercedes and Audi not really selling well and securing a large area for GF4 near Berlin. The most impressive feat for me was how quickly they built GF3 and started production in China, but my tiny contribution to the s…
Other smaller stuff too: - Porche's Taycan EV is supposed to be the closest direct competition for Tesla cars, but its having production issues. - Tesla just pushed a new software update that includes a lot of useful features (voice keyboard/commands, an official camping mode, saving camera clips on honk, etc) - A lot of miscellaneous positive press is cropping up from the end of the year and end of the decade type r…
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Re: Tesla's stock just hit a record $420
#77Just for reference, the claim that "420" comes for a police code for marijuana possession is completely incorrect: https://en.m.wikipedia.org/wiki/420_(cannabis_culture)
Seems like a strange thing to go around correcting people on. I didn't even know it was supposed to be a police code, it's just some silly code word for weed that like 85% of American english speakers understand to mean weed.
The linked article made this claim, so it's perfectly fine to debunk it here.
Re: Tesla's stock just hit a record $420
#78Earlier quoted context omitted.
This sounds nice for Tesla, but it sounds utterly insane from a greater perspective that EVs can't charge at any electric charging station. How stupid does it sound if I said I needed to find a Ford gas station to fill up my car?
Gas stations do have different octane ratings and diesel. Every station just happens to have at least 4 options these days.
I have a car that "requires 91 or above". It runs fiiiine on the "regular" octane (87). Obviously, you don't want to do it for an extended period, and if you do use it, it's not a great idea to put your foot down.
I have run into very rural stations with only 87 and a bottle of octane booster behind the counter.
Re: Tesla's stock just hit a record $420
#79Earlier quoted context omitted.
Gas stations do have different octane ratings and diesel. Every station just happens to have at least 4 options these days.
> Gas stations do have different octane ratings and diesel. And none are manufacturer exclusive and virtually every gasoline powered vehicle made runs just fine on regular unleaded.
Yeah, pretty much all cars don't need it except for sports cars. Although it's pretty important if the car specifies that it needs high octane gas. I know one person trashed their engine cause they thought it was a gimmick... whoops!
I think newer cars have knock sensors, which just means you're engine will run rich and burn way more gas than you need to in order to protect the engine but I wouldn't risk it. If you can afford a sports car you should be able to afford the premium gas to go along with it.
Re: Tesla's stock just hit a record $420
#80stocks (on average) tend to always go up...
Except for those that go down, of course.