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#4,601
Bigfatcock said:
Ram drivers are the biggest douche bags on the road. Followed closely by Kia drivers.

Tesla driver douchebagness has actually been pretty low in my experience.
Click to expand...
The “rollin’ coal” crowd cruising for cock are always bad, but Audi drivers, world wide, have always been the worst I’ve seen. In Europe, especially if they have Swiss plates.

On the road, no, the very few Teslas I’ve seen have been dicks. Out of the car, they’re right up there with gluten free cross fitters who won’t shut the fuck up about how good their shit smells.
 
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#4,602
Interesting that this woman, Beth M. Hammack, was chosen to step into the opening as the Cleveland Fed President.
Very little public info on her. Political appointment ?
___________________________________
A Goldman Sachs executive and finance industry veteran will take over as the new president of the Cleveland Federal Reserve.
The central bank district announced Wednesday that Beth M. Hammack, 52, will be the next leader of the central bank district when Loretta Mester steps down June 30. Hammack assumes the office officially on Aug. 21. In the interim, Cleveland Fed First Vice President Mark S. Meder will serve as the president.
“It is a great privilege to serve the Fourth District, and the country, in fulfilling our mission of fostering a strong, stable economy in which all Americans have the opportunity to prosper,” Hammack said in a statement. “I cannot wait to lead the Bank’s talented team, who deliver every day on our important mission.”
__________________________________
1717011678400.png




 
#4,606
Hobo Hilton said:
For anyone that doubts the game is rigged.

Exxon trouncing Salesforce since software stock replaced oil giant in the Dow four years ago​


Click to expand...
There will be a lot more getting hammered into the summer.
When the "investors" start to see their retirement accounts dropping... Going to be a rush for the door.
Between debt, numbers not meeting expectations and politics... Going to be a lot of money parked on the side lines.
 
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#4,608
One more example of why stock holders will never make a large profit off of TSLA stock. Note the drop off in volume.

_________________
1717271135036.png

Elon Musk accused of $7.5 billion insider trading in lawsuit from Tesla shareholder​



www.foxbusiness.com

Elon Musk accused of $7.5 billion insider trading in lawsuit from Tesla shareholder

Tesla CEO Elon Musk is accused of profiting $7.5 billion from insider trades by a shareholder who claims Musk knew about disappointing production and delivery numbers before they went public.
www.foxbusiness.com www.foxbusiness.com
 
#4,610
#4,615
S3th said:
Do some research and get back to me with the inaccuracy.
Click to expand...
Umm, no. I have more important shit to do, like, literally anything. I can discount it same as I discount any political commentary from Rachel Maddow, as they’re biased and agenda driven.

It’s hard enough to trust scientific studies as bias is rampant within them, and you think I’m going to take the word from an influencer on YouTube? I’m not a sheep.

One more thing: carbon is not a pollutant. It is the giver in all things life and the building block in all living organisms; without it we have nothing. The entire argument against carbon is an agenda driven con job.
 
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#4,616
The mirage in the desert is disappearing..... Keep walking and another one will appear.
___________________________

NEW YORK, June 4 (Reuters) - Some of Tesla's institutional shareholders are getting out, convinced that the electric carmaker's days of dizzying growth are in the rear-view mirror.
The company's shares are down nearly 30% this year and have fallen by more than 50% since their 2021 high, wiping out some $600 billion in market value as CEO Elon Musk has struggled with fierce competition and falling sales. Tesla's first-quarter results missed analyst expectations, though Musk said the company would release new models in 2025 that would be more affordable.

"It started to feel like the fundamentals were becoming detached from reality," said John Belton, a portfolio manager at Gabelli Funds whose firm sold its entire stake of 65,900 shares - acquired in early 2022 - in the first quarter of the year. “We think the stock works best when there are auto company fundamentals that justify the stock price.”
Tesla's nearly 14-fold increase in its stock the last five years has conditioned investors to hold on during periods of adversity and accept valuations that are more in line with technology companies than carmakers. This time however, even some of the company's diehard believers have become skeptical that the same kind of expansion lies ahead and think Tesla's shares have become too risky. Tesla did not respond to a request for comment on this story.

 
#4,617
Hobo Hilton said:
The mirage in the desert is disappearing..... Keep walking and another one will appear.
___________________________

NEW YORK, June 4 (Reuters) - Some of Tesla's institutional shareholders are getting out, convinced that the electric carmaker's days of dizzying growth are in the rear-view mirror.
The company's shares are down nearly 30% this year and have fallen by more than 50% since their 2021 high, wiping out some $600 billion in market value as CEO Elon Musk has struggled with fierce competition and falling sales. Tesla's first-quarter results missed analyst expectations, though Musk said the company would release new models in 2025 that would be more affordable.

"It started to feel like the fundamentals were becoming detached from reality," said John Belton, a portfolio manager at Gabelli Funds whose firm sold its entire stake of 65,900 shares - acquired in early 2022 - in the first quarter of the year. “We think the stock works best when there are auto company fundamentals that justify the stock price.”
Tesla's nearly 14-fold increase in its stock the last five years has conditioned investors to hold on during periods of adversity and accept valuations that are more in line with technology companies than carmakers. This time however, even some of the company's diehard believers have become skeptical that the same kind of expansion lies ahead and think Tesla's shares have become too risky. Tesla did not respond to a request for comment on this story.

Click to expand...
Reality always wins eventually.
 
#4,619
Emerson0311 said:
Reality always wins eventually.
Click to expand...
That comment pushed me back in my chair and brought out a laugh..... I was laughing with you, not at you.
I always enjoyed that look on one of my first year apprentices face when an old Journeyman would chew him a new ass hole for doing something stupid, without thinking. Later they would come talk to me about the incident. After a short conversation, my ending line was "Welcome to my World". Reality had arrived in their world.
 
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#4,621
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#4,623
The race to the $25,000 EV in the U.S. car market has been won, but not in the way the auto industry wanted.

Since January, Hertz Global Holdings has been in Tesla sales mode, with 20,000 electric vehicles from its global fleet, representing nearly a third of the rental-car company’s existing EV inventory, on the dealer lot. The move, viewed as a stumble in Hertz’s EV strategy — in 2021, it heralded plans to order hundreds of thousands of Teslas, Polestars and battery-electric GM models — also reflects a sobering up of the electrification hype within the U.S. auto industry, which has run into a consumer in 2024 spurning at least the expected pace of the transition away from gas-powered cars.

S3th​

EV slump, Hertz fire sale take used Teslas to ‘no haggle’ $25,000 price​


 
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#4,624
Tempting

teslamezcal.tesla.com

Tesla Mezcal

Smoky and floral with a smooth finish. Our limited-release Tesla Mezcal celebrates Oaxaca’s artisanal Tahona-milled mezcal with an alembic distillation process by intuitively combining the distinct flavors of native Espadín and Bicuishe agaves.
teslamezcal.tesla.com teslamezcal.tesla.com
 
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#4,625
And here's how they keep the index funds up. Eventually the rest of the world will catch on.

CrowdStrike, KKR, GoDaddy to Join Benchmark S&P 500​


Reuters) - The S&P Dow Jones Indices said on Friday that private equity firm KKR & Co, cybersecurity company CrowdStrike and internet services provider GoDaddy will join the benchmark S&P 500 before markets open on June 24.
Shares of CrowdStrike rose 6% in extended trading. KKR and GoDaddy climbed 9% and 3.6%, respectively.
The companies will replace recruitment services firm Robert Half, U.S. regional lender Comerica and gene sequencing machine maker Illumina in the index.

 
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#4,632
Cody S said:
was just looking at my Ira today, I only invest in the sp500, it's been doing really oddly well lately.
Click to expand...
12% YTD, Meh... In 2 years on my self directed Roth IRA I am up 110%... Try adding URNJ, CLSK. Pyramid in and set an initial 10% trailing stop loss order. Once your up 20% lock in gains and increase the stop to 15%
 
#4,637
doubloon said:
In the video I did not see a turn signal on the display associated with the lane change to the right but a turn signal was engaged in the display for the two lane changes left.

Do we know if the driver initiated the two signals left and maybe the AI acted in accordance with the driver's input ?

Since the driver can override speed limits maybe driver input can override traffic laws as well.
Click to expand...
actually yes it can work like that, sort it.
in my tesla with the fancy FSD I can use the turn signal and within approx 1 second it will begin switching lanes if clear.
but I have to hit the turn signal or it won't automatically switch lanes.
if I step on the gas it WILL NOT brake, so I could make it run stop signs or red lights that way probably, never tried.
when my tesla uses it's turn signal honestly it's always a little later when switching lanes than I would like. I'd prefer at least 2 to 3 blinks before beginning. tesla *maybe* gives you 1
but it'll change next month when they update it again so I don't worry about it.
yes teslas 99.9% of the time will follow all traffic laws, but...
it's a computer program in it's infancy...
it will absolutely not catch a stop light or sigh as quick as it could and then will slam on the brakes, or other weird things(rarely).
all in all I love my tesla and I really love my FSD.
It dries me everyday while I smoke and blast music. drove me to the coal tipple range in breathitt County for a bench rest match Saturday, didn't have to mess with anything even once.
you'd be stupid not to monitor it at this point though.
 
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#4,638
Hobo Hilton said:
$6 Billion..... GM must have had this money hidden in an offshore account while negotiating the labor contract.
The inside traders and US Senator's knew about this last week.

GM board approves new $6 billion share buyback authorization​

View attachment 8436488

Click to expand...

Why would GM need to hide cash anywhere? They're currently making enough to pay for this buy-back with about two quarters of earnings. And with the pause in EV investment (likely permanent, barring any regulatory shocks), there are no short-term capital expenditures of this magnitude on the horizon - just keep building the same stuff with a bit of new tech that's mostly provided by suppliers.

I remain highly skeptical of any company engaged in buy-backs because it indicates a lack of ideas on how to productively allocate capital, but in this case the math is straightforward. Just get ready for the crying once some "unforeseen event" puts them in a tight spot once again.
 
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#4,646
S3th said:
Audi is now offering 0% APR. Along with many others - the race to zero is quick when prices are high and consumers are poor.
Click to expand...

Just like Tesla, they are betting they can reel in a sucker now with a 5-6% discount over the prevailing rate, and hope that the Fed cuts in the near future so that they are not stuck servicing the loan at a loss. It's probably a good bet that rates will head in a downwards direction, but there's enormous downside risk that rates may go the other way, and default rates are likely to rise in the event that the economy slows enough to justify a rate cut.

In short, be very wary of any company attempting to juice its sales numbers with such tomfoolery.
 
#4,647
E. Bryant said:
Just like Tesla, they are betting they can reel in a sucker now with a 5-6% discount over the prevailing rate, and hope that the Fed cuts in the near future so that they are not stuck servicing the loan at a loss. It's probably a good bet that rates will head in a downwards direction, but there's enormous downside risk that rates may go the other way, and default rates are likely to rise in the event that the economy slows enough to justify a rate cut.

In short, be very wary of any company attempting to juice its sales numbers with such tomfoolery.
Click to expand...

They aren’t servicing the loans. I believe Santander is the participating bank. I’m not sure what deal is/was offered but I greatly disagree with your last point. I would much rather see Tesla offer 0.99% rates vs. reducing sales price. All OEMs are moving to 0%.
 
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