Tesla Motors

[Pointedstick]

Am I the only one wary of stuffing more and more high-tech crap into cars? The cynic in me thinks it's the only way they can sustain a moderate level of price inflation and keep their profit margins up. If they built a car today with the technology of a car from 1985 it would probably cost $3,000.

Yes, I know a lot of this is regulatory and that the NHTSA wouldn't let you build a car nowadays without automatic front back middle side up down force-predictive intelligently triggered nitrogen-filled carbon-neutral foam-cushioned airbags and all that jazz.

[Mdraf]

Did you also know that when the price of cars goes up from year to year the CPI does not count that as an increase? They say the added electronics and other gadgets add to the car value so the price is not counted as an increase in the CPI calculation.

[dualstow]

After a decade of self-driving cars, maybe we can go ahead and take out the airbags and seat belts, and just leave the heatairconditioningstereosystemmovingseats. And, you know, other new features to occupy us since we're not driving it.

[dualstow]

Neat! Thanks for the heads up.

[dualstow]

uh-oh
http://autos.yahoo.com/blogs/motoramic/ ... 05776.html

[Reub]

"Another Tesla Model S Caught Fire After A Crash In Mexico"

http://jalopnik.com/another-tesla-model ... 1453376349

If this continues Tesla could go the way of the Edsel.

[smurff]

Amazon is offering
Nikola Tesla: Imagination and the Man That Invented the 20th Century Kindle Edition
free for a limited time. Not sure when it ends.

http://www.amazon.com/gp/product/B00CATSONE/

Thanks, Pugchief.  I just got my free copy today, more than a month after you posted the details.

[smurff]

"Another Tesla Model S Caught Fire After A Crash In Mexico"

http://jalopnik.com/another-tesla-model ... 1453376349

If this continues Tesla could go the way of the Edsel.

But then again,

“We were able to contact the driver quickly and are pleased that he is safe. This was a significant accident where the car was traveling at such a high speed that it smashed through a concrete wall and then hit a large tree, yet the driver walked away from the car with no permanent injury. He is appreciative of the safety and performance of the car and has asked if we can expedite delivery of his next Model S.”?

If a car's design let me walk away after smashing through a concrete wall and a tree, I too would want another one.

[Reub]

Third known Tesla fire:

http://abcnews.go.com/Business/wireStor ... d-20815482

Stock was down over 7% today and 23% in a month. I would sell and buy GM.

[Jan Van]

I wonder how this compares to other makes/models.

In 2011 there were 187,500 highway vehicle fires.

[dualstow]

Up 12% in premarket trading this morning. Wow!

[dualstow]

It could always come crumbling down, but my $860 investment in Tesla shares is worth nearly 3800 today. Wow!

[Jan Van]

Dualstow, it's called "trailing stop order" :-)

[dualstow]

Dualstow, it's called "trailing stop order" :-)

Probably wise  Because there are wild swings (much like my wife's emotions), I am letting it ride.
If I had invested 8K instead of eight hundred, I'd probably have a limit sell order in place.

[Jan Van]

I'm only saying that because I made that mistake with Netflix. I sold a bunch at $180 to take a profit. Smart move eh!

[dualstow]

I'm only saying that because I made that mistake with Netflix. I sold a bunch at $180 to take a profit. Smart move eh!

I know Netflix is high now, but short of a crystal ball, it's not a dumb move. Ya'never know.

[Jan Van]

...it's not a dumb move...

You're too kind. It closed at $453 today :-)

[dualstow]

10% haircut today. Thanks for opening your big mouth, Elon Musk. 

[Reub]

According to the talking heads the large drop today in high fliers like Tesla is simply big money managers freeing up cash to purchase Alibaba on Friday. So Friday might be a good time to buy more Tesla or Facebook or Amazon or Netflix, etc.

[dualstow]

Oh dear lord
http://www.bogleheads.org/forum/viewtop ... 1&t=144024

[MachineGhost]

Oh dear lord
http://www.bogleheads.org/forum/viewtop ... 1&t=144024

Well, you could do a lot worse than Tesla.  Even I'm a fan of Musk now.  If Tesla makes it, it will literally change the world.  You don't get many opportunities like that in a lifetime.

[Reub]

According to the talking heads the large drop today in high fliers like Tesla is simply big money managers freeing up cash to purchase Alibaba on Friday. So Friday might be a good time to buy more Tesla or Facebook or Amazon or Netflix, etc.

I wish that I would have taken my own advice!

[dualstow]

Tesla took a big hit today. Revision in sales guidance. It was bound to happen.

[dualstow]

TESLA ...
Oh well, it's going to be a wild ride anyway.

Any idea when you'd sell dualstow? ...

...
Dollarwise, it's so small thatthe answer is never. I will never sell the shares. They'll probably go to my wife or nephew in 2070 or whenever I croak.

Sorry, dear nephew. Today is the day.

[dualstow]

Well, Tesla has seen better days. I wish them the best, but am very glad to be out of the stock.