Stock market

[neurosis]

He held an EV conference and specifically didn't invite Elon.
 How'd that work out?

So we're mad at Joe for NOT promoting a specific EV company?

[Del.]

I know that Dem's promote EV's.  Was Joe promoting a specific EV or EV company?

Mandatory EV

[mkd]

So we're mad at Joe for NOT promoting a specific EV company?

I'm more curious about your answer to my question, Mr. 

[ghuns]

...Was Joe promoting a specific EV or EV company?

He was specifically promoting the inferior quality EVs that are produced by companies with large UAW membership to the exclusion of, what is undeniably as superior product, produced in non UAW factories, that just happened to be owned by someone who stopped kissing the ring of the lefties.

[neurosis]

undeniably as superior product

Have you watched any of the "quality" video's on the Cyber Truck? Or how much it costs to have a Tesla serviced?

There was a guy making video's long before Musk became a pariah to the left that showed how cheap it was to fix what was costing a fortune to have repaired by Tesla. The guy would call to get parts and Tesla wouldn't sell them to him either because he wasn't approved or the parts were just impossible to get because they don't keep them in stock. They would tell him that cars with minor damage (could be subjective) were totaled.

The video's were entertaining but it gave the impression that unless you had a wad of disposable income, Tesla might not be for you.

I had an ex g/f who is pretty liberal that talked her husband in to buying her a $100k Tesla. I don't remember which model it was, but she had nothing but problems with it.  Mostly firmware. Shit that she paid for just didn't work.

I do think she was able to drive most of the way across the State on a charge. 

[SuperHoneyBadger]

There was a guy making video's long before Musk became a pariah to the left that showed how cheap it was to fix what was costing a fortune to have repaired by Tesla. The guy would call to get parts and Tesla wouldn't sell them to him either because he wasn't approved or the parts were just impossible to get because they don't keep them in stock. They would tell him that cars with minor damage (could be subjective) were totaled.

I watched Rich Rebuilds for awhile. Is that who you're talking about? He bought a Tesla that was flood damaged, rebuilt the battery and drive motors etc. I remember him talking about a damaged fender that totalled a car because the paint was so expensive to apply as the thickness had to be controlled to not interrupt sensors behind the panel. I also believe he swapped an LS into one? That's the ultimate troll, I would daily an LS9 Model S happily.

But yes, wall to wall problems, fit and finish, quality, elitist corporate culture. AND if you perform unauthorized service, when you do bring it to Tesla because you need something only they have, they can turn off advanced functions on you as punishment (towing, autopilot, etc).

It's a right to repair issue through and through. And that we 'own' fewer and fewer of the high tech items we 'buy'.

[neurosis]

I watched Rich Rebuilds for awhile. Is that who you're talking about?

I think he's the guy who fixed the battery issue that Tesla wanted something like $15,000 to repair for under $1000? 

I've seen a few others as well. Mostly talking about build quality and missing functionality that was paid for and never worked properly. I would be more skeptical about that if my ex g/f hadn't had the same experience.

[Incogneeto]

    

https://www.msn.com/en-us/money/companies/tesla-gains-56-billion-after-donald-trump-s-endorsement/ar-AA1AQ8ek?ocid=msedgntp&pc=U531&cvid=56d98f4602694839afce674a3350af46&ei=41

[Jeff]

   

https://www.msn.com/en-us/money/companies/tesla-gains-56-billion-after-donald-trump-s-endorsement/ar-AA1AQ8ek?ocid=msedgntp&pc=U531&cvid=56d98f4602694839afce674a3350af46&ei=41

Fascism.

[Dan_AKA_ROY23]

Today wasn't nice.   

[Smit]

Today wasn't nice.   

That's a nice way to put it.

[Dan_AKA_ROY23]

My boss values my advice but...didn't act on it.

I gave him a list of stocks to buy over a month ago. Oh well. All were green in last Friday's meltdown and today's carnage. Up pretty big. (BUD, PEP, KHC, ENB, SYY, VZ, CAG, GIS, HII (little down today, don't buy this one). Both IRA's moving higher. A lot of cash (VUSB, BIL), bond funds (AGG, IEF), value stocks.

I warned him to sell NVDA and TSLA. They're getting killed along with most Big Tech stocks.

Sell the shit in bad neighborhoods! The reward isn't worth the risk. Lose less than the benchmark S&P 500 and your purchasing power will increase.

3 sectors performing strong: Utilities (XLU), healthcare (XLV ...careful as RFK, Jr. anxiety a risk), and XLP (consumer staples - finished in the green today).

Bonds beginning to take off (not for good reasons but still...they're strong now)

Oil prices plummeted today. 10 yr. treasury sinking to 4.06% yield now. Potential positive catalysts. Mortgage rates are tied to the 10 yr. treasury yield. Lower rates on their way which could rescue a sick housing market.

Stay defensive. Don't trust big rallies (sell into them). Consider inverse ETF's as hedges in taxed accounts. (DOG, SH, PSQ, RWM ... all 1x, non-leveraged). Stay away from leveraged funds!

Patience is a very powerful weapon. The risk of further downside is high right now. There will be a time when we will have a choice of beaten down stocks. Some serious gains are around the corner (but that corner may be much further away).

[mkd]

My boss values my advice but...didn't act on it.

I gave him a list of stocks to buy over a month ago. Oh well. All were green in last Friday's meltdown and today's carnage. Up pretty big. (BUD, PEP, KHC, ENB, SYY, VZ, CAG, GIS, HII (little down today, don't buy this one). Both IRA's moving higher. A lot of cash (VUSB, BIL), bond funds (AGG, IEF), value stocks.

I warned him to sell NVDA and TSLA. They're getting killed along with most Big Tech stocks.

Sell the shit in bad neighborhoods! The reward isn't worth the risk. Lose less than the benchmark S&P 500 and your purchasing power will increase.

3 sectors performing strong: Utilities (XLU), healthcare (XLV ...careful as RFK, Jr. anxiety a risk), and XLP (consumer staples - finished in the green today).

Bonds beginning to take off (not for good reasons but still...they're strong now)

Oil prices plummeted today. 10 yr. treasury sinking to 4.06% yield now. Potential positive catalysts. Mortgage rates are tied to the 10 yr. treasury yield. Lower rates on their way which could rescue a sick housing market.

Stay defensive. Don't trust big rallies (sell into them). Consider inverse ETF's as hedges in taxed accounts. (DOG, SH, PSQ, RWM ... all 1x, non-leveraged). Stay away from leveraged funds!

Patience is a very powerful weapon. The risk of further downside is high right now. There will be a time when we will have a choice of beaten down stocks. Some serious gains are around the corner (but that corner may be much further away).

Been DCA'ing into VYMI and XLV. They are holding steady. AVUV and GOOGL and QQQ and XLK and.,.etc... getting slaughtered and this is just the start of the downturn.
 I was asking myself how I didn't go all in on SQQQ🤑🤣

[mkd]

Whenever Philadelphia wins the Superbowl the economy tanks. Google it🤣🤡

[mkd]

Blood bath😡😭