Although to balance things out, the best punt i ever saw was back around the turn of the millenium just before the dot com bubble burst. A client of the bank i worked for at the time invested in an Israeli tech company, at 70p per share and sold them at £21 each. 30 fucking times his investment. And he didnt stick £500 in either. Those are one offs though.
-si- Well yeah, obviously. But we’re not talking penny stocks here with stuff like nio and hyllion. Just lower value stocks that are priced in on potential. I will always balance with ETFs and dividend stocks so its an educated guess with a bit of risk management thrown in
-si- True, but also, a lot of investors shorted Tesla and are now utterly fucked, yet my original investment with Tesla is now worth 8 times what I put in, so…
Anyway, I might not be able to retire on it, but it’ll defo help with the mortgage.
You would think the rest of the car industry are working like mad tings behind the scenes to produce their own version of what tesla are doing now? How long are they going to be the front runners for?
-si- yes but they are all still wedded to internal combustion as their cash cow. I would say places like hyundai are the best bet for established car makers but VW can never be ruled out if they can make egolf etc a long ranger. I can see the car market change beyond recognition and some big names folding.
-si- Who cares, as long as I cash out before they get caught. The infrastructure will keep them in the game for a long time imo. Also helps having a space ship company doing lots of your research and design etc.
Aren’t diesels already confirmed as out the window in the coming years? The hybrid/electric option will be the future for all of those companies, you would imagine.
Most of them are struggling to get their battery supplies sorted and have money tied up combustion production lines etc. so in the show rooms they’re still actively talking people out of buying their own electric cars. But as Tesla prices come down, the second hand market gets bigger, Nio and the like join the fray with good options, the battery ranges continue to grow (new ID3 will have a version that does over 400miles), who will want a hybrid. It’s like asking for prog and getting deep house. Nobody wants that.
I have a hybrid lol. Will be swapping it out in a couple of years mind you
I will be getting an electric car in the next couple of months purely because I will pay 0% BIK. Oh and saving the world etc !
Tesla stock has went super nova today in anticipation of the split tomorrow.
Wally Trading on the split adjusted stock not until the 31st though.
Wally ‘has went’
Wince
Wally supernova? it’s up six percent?
Millsy Wut?
Wally “has gone”…you’re welcome.
See your post doofus.
The absolute fucking shame of it <puts noose around neck>
Wally with this and Fall Guys its perhaps best. Can i have your tesla shares?
Millsy Aye, nae bother. Give me a day to cut the Mrs and kids out the will and put you in.
