Australian (ASX) Stock Market Forum

Electric cars?

Would you buy an electric car?

  • Already own one

    Votes: 10 5.1%

  • Yes - would definitely buy

    Votes: 43 21.8%

  • Yes - preferred over petrol car if price/power/convenience similar

    Votes: 78 39.6%

  • Maybe - preference for neither, only concerned with costs etc

    Votes: 37 18.8%

  • No - prefer petrol car even if electric car has same price, power and convenience

    Votes: 25 12.7%

  • No - would never buy one

    Votes: 14 7.1%
  • Total voters
    197
Jump to new
This noise stuff can be solved by something literally as simple as a reversing beeper like on a truck.

This is nonsense.
 
over9k said:
Chronus:

Yeah I'm waiting for a dip to buy into tesla. I was hoping that it might be today but traders liked the economic data more than the spike in virus data. Another couple of weeks of crappy virus data and it should probably be time to buy - maybe next friday or the one following.

Stimulus is still a couple of weeks away if not the end of the month. Need to get in before then. There should be a lot of bad virus data over the weekend so maybe even this coming monday.
Click to expand...

I like Tesla and I appreciate the company's vision and ideas. I think the company is good for industry innovation and creativity. I wish I had of bought Tesla very early; however I think that I have missed the boat. So it is a bit late for me.
 
Nah no way. Musk reckons it's like one quarter away from turning a profit. That'll put it on the indexes and then the big index funds etc will start buying. I'm basically just waiting for a dip/correction in the next few days/couple of weeks at most to buy into.
 
over9k said:
Nah no way. Musk reckons it's like one quarter away from turning a profit. That'll put it on the indexes and then the big index funds etc will start buying. I'm basically just waiting for a dip/correction in the next few days/couple of weeks at most to buy into.
Click to expand...

We trade to make money; if you can make a trade and make money, all good. I just find that trading Tesla looks very difficult.

Looking at long term investment horizons, I don't have the capital available to consider putting in. So I haven't done a great deal of research on the company.

Also I lost my day job due to COVID; so my risk appetite isn't very strong at the moment.
 
Last edited:
Just curious....

We had flooding early in the week and I drove through the flood to get to work. Obviously they are designed to withstand rain, so I would think the answer is yes. However, the water came up to the door. Can an electric car's battery drive through floodwater? Is distance underwater an issue?



jog on
duc
 
ducati916 said:
Just curious....

We had flooding early in the week and I drove through the flood to get to work. Obviously they are designed to withstand rain, so I would think the answer is yes. However, the water came up to the door. Can an electric car's battery drive through floodwater? Is distance underwater an issue?



jog on
duc
Click to expand...
An interesting question as i am crossing 1 causeway to come to my current home : flooded a couple of times normal year, dozens on wet year.i remember reading about a tesla driving around.australia and mentioning crossing flooded creeks
Any actual experience?
 
qldfrog said:
An interesting question as i am crossing 1 causeway to come to my current home : flooded a couple of times normal year, dozens on wet year.i remember reading about a tesla driving around.australia and mentioning crossing flooded creeks
Any actual experience?
Click to expand...

Off you go into the wild flooded rivers VC and send us back some info. :cool:
 
SirRumpole said:
Off you go into the wild flooded rivers VC and send us back some info. :cool:
Click to expand...
Well more or less what i had in mind, or previous experience? ideally not pink tainted glass views, i do not expect a tesla to match crossing creeks with diesel 4wd, but genuinely, is it an issue?
 
Chronos-Plutus said:
I like Tesla and I appreciate the company's vision and ideas. I think the company is good for industry innovation and creativity. I wish I had of bought Tesla very early; however I think that I have missed the boat. So it is a bit late for me.
Click to expand...

I guess it depends on if their vision comes about.

They Ould end up being the iPhone, and existing industry being Nokia.

If their self driving vision plays out, Tesla will own the robo Taxi market and kill Uber, its will own the trucking Market, and it will be the car of choice for consumers.

and then there is the solar panels business and stationary power storage business.

I didn't invest in Tesla either, but I can see their is a lot of value there, I just don't know how to value it, I kind of wish I had just bought some shares though, I have always been a fan of the company, but when it came to investing in them a seemed to have dark blue glasses when I should have just swallowed the pill and put the rose coloured ones on, hahaha
 
Value Collector said:
I guess it depends on if their vision comes about.

They Ould end up being the iPhone, and existing industry being Nokia.

If their self driving vision plays out, Tesla will own the robo Taxi market and kill Uber, its will own the trucking Market, and it will be the car of choice for consumers.

and then there is the solar panels business and stationary power storage business.

I didn't invest in Tesla either, but I can see their is a lot of value there, I just don't know how to value it, I kind of wish I had just bought some shares though, I have always been a fan of the company, but when it came to investing in them a seemed to have dark blue glasses when I should have just swallowed the pill and put the rose coloured ones on, hahaha
Click to expand...

Another example of glitz over reality imo.

Why would you invest in a company that has only once recorded an annual profit ?

The share price is inflated by Musk's hype.
 
Last edited:
SirRumpole said:
Another example of glitz over reality imo.

Why would you invest in a company that has only once recorded an annual profit ?

The share price is inflated by Musk's hype.
Click to expand...

Because there is very good reasons for them not to record a profit during their expansion phases, research and development are always loss making activities until one day they are not, So is building multiple factories and charging locations around the world.

So far they have delivered on all the "glitz" that is why I am kicking myself, I knew what they were planning, I knew it would be great for the share price if they pulled it off, But I thought the risk was to high, I have now learned, never doubt Elon, HAHAHA
 
SirRumpole said:
Yeah well, they may be doing ok for know, but mega egos have a habit of tripping themselves up or overreaching eventually.

I think I'd be cautious in investing in Tesla.
Click to expand...

As I said its not the type of company I can easily value (my little monkey brain has its limits).

But Tesla could become the dominate company in Cars, Trucks, Taxis and Power storage.

Check out this video, its pretty amazing stuff they are doing, its a long video but skip through and listen to a bit of each of the 4 speakers, they are kicking luges goals and are probably a decade ahead of the competition.

 
Talk to anyone in engineering: The real money with R&D is not the product you develop at the end but the technologies you develop on the way to creating the product that you can then apply/implement (or sell the ability to apply/implement) in all sorts of other areas.

You know, trickle-down (or out) tech.
 
Value Collector said:
I guess it depends on if their vision comes about.

They Ould end up being the iPhone, and existing industry being Nokia.

If their self driving vision plays out, Tesla will own the robo Taxi market and kill Uber, its will own the trucking Market, and it will be the car of choice for consumers.

and then there is the solar panels business and stationary power storage business.

I didn't invest in Tesla either, but I can see their is a lot of value there, I just don't know how to value it, I kind of wish I had just bought some shares though, I have always been a fan of the company, but when it came to investing in them a seemed to have dark blue glasses when I should have just swallowed the pill and put the rose coloured ones on, hahaha
Click to expand...

Yes; totally agree with your post. Tesla do have a very strong following of fans who are emotionally attached to the company. It is good to have sticky investors; I wish Tesla all the best and hope it all works out for them.
 
over9k said:
Talk to anyone in engineering: The real money with R&D is not the product you develop at the end but the technologies you develop on the way to creating the product that you can then apply/implement (or sell the ability to apply/implement) in all sorts of other areas.

You know, trickle-down (or out) tech.
Click to expand...

Yes true. Like the AI in self drive cars, could be used in a lot of applications.
 
And that's the thing - someone else can (will) think of a way to use your tech either standalone or in their own product(s) that you've never even thought of and so you can just licence it to them and make a ton of money in a product that doesn't compete with yours at all.

And with a technology as broad/ubiquitous as say, batteries, the possibilities are near endless. This is by no means narrow-application stuff.


I was hoping to add an old video of neil degrasse tyson talking about the ridiculous ways in which tech developed from spaceflight funding trickles out into the broader economy/world at large (which is his argument as to why cutting nasa budgets etc is so stupid) to emphasise my point but I can't find the bloody thing.
 
Last edited:
over9k said:
And that's the thing - someone else can (will) think of a way to use your tech either standalone or in their own product(s) that you've never even thought of and so you can just licence it to them and make a ton of money in a product that doesn't compete with yours at all.

And with a technology as broad/ubiquitous as say, batteries, the possibilities are near endless. This is by no means narrow-application stuff.


I was hoping to add an old video of neil degrasse tyson talking about the ridiculous ways in which tech developed from spaceflight funding trickles out into the broader economy/world at large (which is his argument as to why cutting nasa budgets etc is so stupid) to emphasise my point but I can't find the bloody thing.
Click to expand...
as often, great basis and facts but maybe not so right in conclusion: Tesla technology is open source..so no licensing....
I am not against tesla, admire the technology the guy even if he is a complete jerk, but he can afford
 
Top