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  1. #1601
    Hackey Thread Lurker since 2010
    I could have bought an 11 pull and have 1000 gems left over, but all I got was this silly title.

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    Quote Originally Posted by Athas View Post
    So why is Tesla continuing to climb during all this? Just because he ordered workers back to the factory before they were legally allowed to?
    Part of it is California committing by 2035 to have all new cars sold in state not be powered by gasoline. They have a head start and have the hot item on the market.

  2. #1602
    Mr. Bananagrabber
    Sweaty Dick Punching Enthusiast

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    Also memes

  3. #1603
    I'll change yer fuckin rate you derivative piece of shit
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    But mainly because they were just announced for inclusion in the S&P500, meaning a ton of institutional investors and mutual funds and shit are going to buy them up to rebalance their index funds.

  4. #1604
    BG's #1 Hatsune Miku fan!
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    I'd like to know how much money he actually has in the bank.

  5. #1605

    Sweaty Dick Punching Enthusiast

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    the vast majority of his wealth, as it is with all these individuals, is in stocks

  6. #1606
    Duplicitous Jew with Political Aspirations
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    Quote Originally Posted by Andalusian girls View Post
    the vast majority of his wealth, as it is with all these individuals, is in stocks
    Sure but at a certain point this basically means limitless wealth. At any point whatever he wants he can leverage his imaginary wealth toward it and be awarded with his desires. He can even turn it into actual cash at the expense of temporarily reducing his imaginary numbers (which he can then raise again later).

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  7. #1607
    Pens win! Pens Win!!! PENS WIN!!!!!
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    Quote Originally Posted by Outlaw View Post
    I'd like to know how much money he actually has in the bank.
    None of these guys hold over 3-4 million (at most) in cash. If you’re not investing or leveraging your money you’re not making the most of it. Rich people don’t have lots of cash in their accounts.

  8. #1608
    Pay No Attention to the Man Behind the Curtain
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    Elon Musk about to beat Jeff Bezos for the #1 place:


  9. #1609
    Pay No Attention to the Man Behind the Curtain
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    There it happened:


  10. #1610
    Mr. Bananagrabber
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    Is there a logical reason anymore as to why Tesla stock keeps going up?

  11. #1611
    Caesar Salad
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    I mean...they keep expanding? They're opening up a factory in Berlin I think? The china one is roaring, they have another one being planned in India as well I think?

    Their tech is also getting better, and manufacturing is getting more streamlined. They're balancing cost saving in manufacturing with just rapid expansion, and lately there have been a few quality issues being reported, but put it all together and they're hella valuable. They just turn over that cash and grow grow grow

    And that's to say nothing of ICE being phased out. Especially with a state like California targeting 2035 on new ice bans. EV is the future, and Tesla was the first legit player to get their foot in the door and they're reaping the early rewards.

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  12. #1612
    Caesar Salad
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    China is right behind Tesla too with so many EV manufacturers working on their own line of cars. I really hope American companies can stay competitive...excluding Tesla from the critique of course lol

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  13. #1613
    The Fucking Voice of Actually
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    Logic, reason, and the stock market don't have anything to do with each other.

    The stock market runs on hype, and naught else.

  14. #1614
    Ironing this Thread
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    Quote Originally Posted by Krandor View Post
    Is there a logical reason anymore as to why Tesla stock keeps going up?
    No. Who knows what it'll do now. There's valuations of 100 still.

  15. #1615
    I'll change yer fuckin rate you derivative piece of shit
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    Lol @ +25B YTD

    We're 7 days into the year

  16. #1616
    Cardiac Cat
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    Quote Originally Posted by Salodin View Post
    I mean...they keep expanding? They're opening up a factory in Berlin I think? The china one is roaring, they have another one being planned in India as well I think?

    Their tech is also getting better, and manufacturing is getting more streamlined. They're balancing cost saving in manufacturing with just rapid expansion, and lately there have been a few quality issues being reported, but put it all together and they're hella valuable. They just turn over that cash and grow grow grow

    And that's to say nothing of ICE being phased out. Especially with a state like California targeting 2035 on new ice bans. EV is the future, and Tesla was the first legit player to get their foot in the door and they're reaping the early rewards.

    Sent from my SM-G975U using Tapatalk
    Toyota and Subaru are aiming at full EV for their entire lines by 2030.

    Sent from my SM-G960U using Tapatalk

  17. #1617
    Caesar Salad
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    That's mad late and hopefully it's as good as China's tech. Some companies solved the range problem by using replaceable batteries, and having battery stations be the new gas stations where a machine swaps out your battery for a charged one. The future is now boys!

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  18. #1618
    I'll change yer fuckin rate you derivative piece of shit
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    Don't take automaker EV promises seriously until you see them building or contracting their own versions of gigafactories.

  19. #1619
    Relic Horn
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  20. #1620
    HABS SUCK!!!!!
    Sepukku is my Hero
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    My biggest problem with "everyone will have electric cars" is that it tells everyone who doesnt have a house with a garage to go fuck themselves.

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