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Forum => Kenya Discussion => Topic started by: Nefertiti on November 25, 2020, 01:48:10 AM

Title: Tesla hits top 10 at 500B ... Musk eclipses Bill Gates
Post by: Nefertiti on November 25, 2020, 01:48:10 AM
https://techcrunch.com/2020/11/24/tesla-is-now-worth-half-a-trillion-dollars/

https://www.bloomberg.com//billionaires/
Title: Re: Tesla hits top 10 at 500B ... Musk eclipses Bill Gates
Post by: Nefertiti on November 25, 2020, 01:48:54 AM
Pundit this is a healthier obsession than yours with Ruto.
Title: Re: Tesla hits top 10 at 500B ... Musk eclipses Bill Gates
Post by: KenyanPlato on November 25, 2020, 02:02:35 AM
This is nuts. Telsa cult is not backing down. Dow will go to 40,000 by end of next year. I am puting all my Christmas earnings in the market. Pundit likes to plant cypress and blue gum trees. He is a really Kenyan villager
Title: Re: Tesla hits top 10 at 500B ... Musk eclipses Bill Gates
Post by: RV Pundit on November 25, 2020, 02:21:20 AM
It will end with tears.
Musk looks a like trump to me - a man without morals and humility.
I will invest in Bill Gates 10 times more.
Title: Re: Tesla hits top 10 at 500B ... Musk eclipses Bill Gates
Post by: Nefertiti on November 25, 2020, 08:29:55 AM
It will end with tears.
Musk looks a like trump to me - a man without morals and humility.
I will invest in Bill Gates 10 times more.

How are your trees doing?
Title: Re: Tesla hits top 10 at 500B ... Musk eclipses Bill Gates
Post by: Nefertiti on November 25, 2020, 09:40:16 AM
This is nuts. Telsa cult is not backing down. Dow will go to 40,000 by end of next year. I am puting all my Christmas earnings in the market. Pundit likes to plant cypress and blue gum trees. He is a really Kenyan villager

Pundit lacks the gray cells to game the market.
Title: Re: Tesla hits top 10 at 500B ... Musk eclipses Bill Gates
Post by: Georgesoros on November 25, 2020, 02:11:07 PM
Robina,
You had to rub it in :(.
Well ...... You said it
Title: Re: Tesla hits top 10 at 500B ... Musk eclipses Bill Gates
Post by: RV Pundit on November 25, 2020, 02:57:10 PM
Says a George Soros wannabe. I had friends who swear by stocko exchange. They took me to Nairobi Stocko market at Nation Center way back in 2002 :) - super focused saving campus food money to invest in shares:). Now nearly all of them have one common feature - their bile towards gov of kenya. Their paper wealth evaporated into thin air - after they say Jubilee mismanaged the economy :) :). 4

Meanwhile my real estate investment are ever appreceating and solid...and I don't have to spend time trying to analyze and game the market..something even wallstreet wizards are incapable of.
Robina,
You had to rub it in :(.
Well ...... You said it

Title: Re: Tesla hits top 10 at 500B ... Musk eclipses Bill Gates
Post by: RV Pundit on November 25, 2020, 03:00:43 PM
No investment beat trees. I have 20 acres - I spend maybe 100 shs per tree - and eventually when I sell it - well it could go as high as 5,000 - in 10yrs. I will continue to invest in trees as my long term investment - 10-15yrs. If Ruto goes in - I will invest another 20-40 acres. And I will still have land - that would have appreciated - and I can settle on.

Now all the fads - all the hits and misses - annually - your overall return will be what less than 10%  - unless you have the uncanny ability to pick winners year in year out - daily - which we know is impossible. As they say you cannot beat the market.

How are your trees doing?
Title: Re: Tesla hits top 10 at 500B ... Musk eclipses Bill Gates
Post by: Arcadian_Dreamer on November 25, 2020, 04:48:55 PM
It will end with tears.
Musk looks a like trump to me - a man without morals and humility.
I will invest in Bill Gates 10 times more.

Now that he lost you turned on him, you were his biggest groupie. You are funny  :D

As for Tesla, It is grossly overvalued. In 30 years all cities we be on the walkability wave which is just bubbling up. The future of cities will be car free. Barcelona, Paris are converting busy streets into pedestrian walkways. The era of the automobile will soon come to an end.

Quote
In central Barcelona, one in three streets will soon become “green axes” that prioritize people on foot and bikes instead of cars. On those streets, 21 intersections will be converted to public squares, so no one in the area is more than around 650 feet from a small park.

Paris mayor is working on 15 minute concept whereby every amenity shopping entertainment school is within 15 minutes.
Title: Re: Tesla hits top 10 at 500B ... Musk eclipses Bill Gates
Post by: RV Pundit on November 25, 2020, 05:29:56 PM
Never never been Telsa fan or any of Musk ideas. But I agree - car ownership - will become a thing of the past - as more telecommuting is embraced - and more cities go green - electric car need electricity - which also need coal or thermal energy.

It will end with tears.
Musk looks a like trump to me - a man without morals and humility.
I will invest in Bill Gates 10 times more.

Now that he lost you turned on him, you were his biggest groupie. You are funny  :D

As for Tesla, It is grossly overvalued. In 30 years all cities we be on the walkability wave which is just bubbling up. The future of cities will be car free. Barcelona, Paris are converting busy streets into pedestrian walkways. The era of the automobile will soon come to an end.

Quote
In central Barcelona, one in three streets will soon become “green axes” that prioritize people on foot and bikes instead of cars. On those streets, 21 intersections will be converted to public squares, so no one in the area is more than around 650 feet from a small park.

Paris mayor is working on 15 minute concept whereby every amenity shopping entertainment school is within 15 minutes.
Title: Re: Tesla hits top 10 at 500B ... Musk eclipses Bill Gates
Post by: Arcadian_Dreamer on November 25, 2020, 05:38:00 PM
Never never been Telsa fan or any of Musk ideas. But I agree - car ownership - will become a thing of the past - as more telecommuting is embraced - and more cities go green - electric car need electricity - which also need coal or thermal energy.

You still don't get it. We are moving away from automobiles whether combustion engine or electric powered towards walking bicycling heck even public transportation is not needed. If your work, school, shopping and entertainment are less than 15 minutes why do you need motorized modes of transport. 
Title: Re: Tesla hits top 10 at 500B ... Musk eclipses Bill Gates
Post by: RV Pundit on November 25, 2020, 05:49:18 PM
That sound a little idealistic. But first combustion in cars will be banned this decade in many developed world. Then few electric cars will remain - heavily taxed - and most of logistics - will be sorted through online or electronic shopping or shipping.

For me the most important predictor is tech - not town re-planning. Unless we were to adopt communist villagization ideas - it seem impossible to guarantee everyone will be happy to find work, school, shopping and all that where they live.

Telecommuting, telemedicine, online ordering/shopping, mobile money, online shipping, online eat outs  - will eliminate a lot of useless traffic off the road. Most of the commute happen in rush hours for work and school - nearly 90% of work can be done from home - as Corona has humbly demonstrated - meaning 90% of traffic at rush hours can be taken off.

Personally I now can stay for maybe a week without ever needing to really get out of the house.

You still don't get it. We are moving away from automobiles whether combustion engine or electric powered towards walking bicycling heck even public transportation is not needed. If your work, school, shopping and entertainment are less than 15 minutes why do you need motorized modes of transport. 
Title: Re: Tesla hits top 10 at 500B ... Musk eclipses Bill Gates
Post by: Arcadian_Dreamer on November 25, 2020, 06:35:22 PM
That sound a little idealistic. But first combustion in cars will be banned this decade in many developed world. Then few electric cars will remain - heavily taxed - and most of logistics - will be sorted through online or electronic shopping or shipping.

For me the most important predictor is tech - not town re-planning. Unless we were to adopt communist villagization ideas - it seem impossible to guarantee everyone will be happy to find work, school, shopping and all that where they live.

Telecommuting, telemedicine, online ordering/shopping, mobile money, online shipping, online eat outs  - will eliminate a lot of useless traffic off the road.

Personally I now can stay for maybe a week without ever needing to really get out of the house.

The public's main complaint with automobiles is not pollution per se but traffic jams and how cars make public spaces unsafe. Cars take over cities forcing everyone to dash and scurry from the constant danger of being hit. Focusing on electric cars is misguided, because we haven't done anything about the danger automobiles pose to us, it also prioritizes urban sprawl. It is not idealistic, read about how new urbanism is changing planning in America.

Tech is not going to be the savior here but proper town planning, changing zoning laws to allow for mix use schemes. Cities were always mixed use in the past, commuting 30 minutes was unheard of, it is only in the last 60 years with the invention of the car that we got this sprawl and separation of home and place of work. Good thing cities like Paris, Brussels, Milan are rediscovering the good urbanism that used to be the norm before the advent of automobiles.

Telecommuting, telemedicine, online shopping are fads which will run out of steam. They are not scalable, only work for small segment of population mostly tech savvy and is unreliable. Analogue is the future not digital. I used to read kindle books but I buy physical books now.
Title: Re: Tesla hits top 10 at 500B ... Musk eclipses Bill Gates
Post by: RV Pundit on November 25, 2020, 06:54:58 PM
Interesting; I like the mixed use zoning laws. Yes eliminating rush-hour traffic is all that is needed to bring sanity to urban life.  Telecommuting is not a fad - it's being done almost globally now...yes online shopping 30yrs later is still 10-15% of shopping...and most of the service require human touch...but the missing puzzles are slowly being filled in.

Who knows..Robina could invent a augumented/virtual reality shopping..where you enter a supermarket..pick a basket...pick items..read labels...window shop...and eventually check out :)

But yes human are social beings; there will still be space for social interractions.

That sound a little idealistic. But first combustion in cars will be banned this decade in many developed world. Then few electric cars will remain - heavily taxed - and most of logistics - will be sorted through online or electronic shopping or shipping.

For me the most important predictor is tech - not town re-planning. Unless we were to adopt communist villagization ideas - it seem impossible to guarantee everyone will be happy to find work, school, shopping and all that where they live.

Telecommuting, telemedicine, online ordering/shopping, mobile money, online shipping, online eat outs  - will eliminate a lot of useless traffic off the road.

Personally I now can stay for maybe a week without ever needing to really get out of the house.

The public's main complaint with automobiles is not pollution per se but traffic jams and how cars make public spaces unsafe. Cars take over cities forcing everyone to dash and scurry from the constant danger of being hit. Focusing on electric cars is misguided, because we haven't done anything about the danger automobiles pose to us, it also prioritizes urban sprawl. It is not idealistic, read about how new urbanism is changing planning in America.

Tech is not going to be the savior here but proper town planning, changing zoning laws to allow for mix use schemes. Cities were always mixed use in the past, commuting 30 minutes was unheard of, it is only in the last 60 years with the invention of the car that we got this sprawl and separation of home and place of work. Good thing cities like Paris, Brussels, Milan are rediscovering the good urbanism that used to be the norm before the advent of automobiles.

Telecommuting, telemedicine, online shopping are fads which will run out of steam. They are not scalable, only work for small segment of population mostly tech savvy and is unreliable. Analogue is the future not digital. I used to read kindle books but I buy physical books now.
Title: Re: Tesla hits top 10 at 765B ... Musk eclipses Jeff Bezos
Post by: Nefertiti on January 07, 2021, 10:08:41 PM
Elon Musk is officially the richest man on earth

https://www.ft.com/content/d9d04268-d617-4187-bc05-ce52ea257892
Title: Re: Tesla hits top 10 at 500B ... Musk eclipses Bill Gates
Post by: Arcadian_Dreamer on January 08, 2021, 02:06:43 AM
Vaporware
Title: Re: Tesla hits top 10 at 500B ... Musk eclipses Bill Gates
Post by: RV Pundit on January 08, 2021, 03:54:01 AM
Selling only 500k cars..whose half the cost is a battery from china.Mutalia sana
Title: Re: Tesla hits top 10 at 500B ... Musk eclipses Bill Gates
Post by: KenyanPlato on January 08, 2021, 04:46:58 AM
Never bet against a cult
Title: Re: Tesla hits top 10 at 500B ... Musk eclipses Bill Gates
Post by: Georgesoros on January 08, 2021, 05:31:50 AM
Says a George Soros wannabe. I had friends who swear by stocko exchange. They took me to Nairobi Stocko market at Nation Center way back in 2002 :) - super focused saving campus food money to invest in shares:). Now nearly all of them have one common feature - their bile towards gov of kenya. Their paper wealth evaporated into thin air - after they say Jubilee mismanaged the economy :) :). 4

Meanwhile my real estate investment are ever appreceating and solid...and I don't have to spend time trying to analyze and game the market..something even wallstreet wizards are incapable of.
Robina,
You had to rub it in :(.
Well ...... You said it


RIP Stocko. I miss that woman.
Title: Re: Tesla hits top 10 at 500B ... Musk eclipses Bill Gates
Post by: Nefertiti on January 08, 2021, 04:15:42 PM
All you gloomsters - even bitcoins are still bullish. If you picked up early and not a speculator these are much better assets than real estate or t-bonds. Volatile yes but super-liquid and the average performance outstrips the risk. The trick as usual is discerning great stocks to pick early on.

Personally I prefer the Frank Quattrone to Warren Buffet formula. Quattrone targets promising startups; Buffet underleveraged corporates. Most fools go for junk SMEs masquerading as startups... Njamba comes to mind. His briefcase management consultant junk with cooked books.
Title: Re: Tesla hits top 10 at 500B ... Musk eclipses Bill Gates
Post by: Nefertiti on January 08, 2021, 04:36:27 PM
Selling only 500k cars..whose half the cost is a battery from china.Mutalia sana

You're right if Musk drops dead so would Tesla pop off. One man guitar.

The battery is the deal actually. Noone is able to crack them just as noone has managed to crack SpaceX reusable rockets. If Musk had only Tesla we could question it as a fluke - but look around. SpaceX has literally killed Amazon Blue Origin, Virgin Galactic, Lockheed-Boeing - heck even Russian Roscosmos and the Chinese! SpaceX bills 60m usd per launch vs 200m industry average and nothing these guys can do despite poaching his scientists and engineers over 5 years. From 2014. That some real hard, cold power not a fluke.

Now Tesla battery technology is better than all competition. For few years they are struggling to copy. Tesla supercharger are on man highways in US, EU and Far East. Tesla Autopilot is eons ahead of Ford or GM Cruise. While these vantages are beatable especially by the Chinese subsidy model - most auto business especially EV in China are private autos. Volkswagen has all but given up on the autonomy race to Tesla as Model 3 sales grow in Germany.

My view is that only Apple or Google tech types can successfully compete with Tesla. Not Toyota or Volkswagen whose only advantage is price thanks to scale. When that is gone they are dead.

Of course Musk is also cracking traffic and brain chips... hold on for super-brilliant swines coming soon :zen:
Title: Re: Tesla hits top 10 at 500B ... Musk eclipses Bill Gates
Post by: Georgesoros on January 08, 2021, 04:54:14 PM
Selling only 500k cars..whose half the cost is a battery from china.Mutalia sana

You're right if Musk drops dead so would Tesla pop off. One man guitar.

The battery is the deal actually. Noone is able to crack them just as noone has managed to crack SpaceX reusable rockets. If Musk had only Tesla we could question it as a fluke - but look around. SpaceX has literally killed Amazon Blue Origin, Virgin Galactic, Lockheed-Boeing - heck even Russian Roscosmos and the Chinese! SpaceX bills 60m usd per launch vs 200m industry average and nothing these guys can do despite poaching his scientists and engineers over 5 years. From 2014. That some real hard, cold power not a fluke.

Now Tesla battery technology is better than all competition. For few years they are struggling to copy. Tesla supercharger are on man highways in US, EU and Far East. Tesla Autopilot is eons ahead of Ford or GM Cruise. While these vantages are beatable especially by the Chinese subsidy model - most auto business especially EV in China are private autos. Volkswagen has all but given up on the autonomy race to Tesla as Model 3 sales grow in Germany.

My view is that only Apple or Google tech types can successfully compete with Tesla. Not Toyota or Volkswagen whose only advantage is price thanks to scale. When that is gone they are dead.

Of course Musk is also cracking traffic and brain chips... hold on for super-brilliant swines coming soon :zen:

Robina, GM, Ford etc invented cars. Toyota, Honda perfected it.
Title: Re: Tesla hits top 10 at 500B ... Musk eclipses Bill Gates
Post by: Nefertiti on January 08, 2021, 05:18:35 PM
Selling only 500k cars..whose half the cost is a battery from china.Mutalia sana

You're right if Musk drops dead so would Tesla pop off. One man guitar.

The battery is the deal actually. Noone is able to crack them just as noone has managed to crack SpaceX reusable rockets. If Musk had only Tesla we could question it as a fluke - but look around. SpaceX has literally killed Amazon Blue Origin, Virgin Galactic, Lockheed-Boeing - heck even Russian Roscosmos and the Chinese! SpaceX bills 60m usd per launch vs 200m industry average and nothing these guys can do despite poaching his scientists and engineers over 5 years. From 2014. That some real hard, cold power not a fluke.

Now Tesla battery technology is better than all competition. For few years they are struggling to copy. Tesla supercharger are on man highways in US, EU and Far East. Tesla Autopilot is eons ahead of Ford or GM Cruise. While these vantages are beatable especially by the Chinese subsidy model - most auto business especially EV in China are private autos. Volkswagen has all but given up on the autonomy race to Tesla as Model 3 sales grow in Germany.

My view is that only Apple or Google tech types can successfully compete with Tesla. Not Toyota or Volkswagen whose only advantage is price thanks to scale. When that is gone they are dead.

Of course Musk is also cracking traffic and brain chips... hold on for super-brilliant swines coming soon :zen:

Robina, GM, Ford etc invented cars. Toyota, Honda perfected it.

Yes. Then Tesla digitized them. Ford is a mainframe. Toyota a desktop. Tesla an iPhone.
Title: Re: Tesla hits top 10 at 500B ... Musk eclipses Bill Gates
Post by: Nefertiti on January 08, 2021, 05:20:08 PM
Georgesoros i hope you don't hold your pension in massive Safcom stocks like Pundit and Njamba. They are worth next to nothing. Worse than Ford.
Title: Re: Tesla hits top 10 at 500B ... Musk eclipses Bill Gates
Post by: RV Pundit on January 08, 2021, 05:21:43 PM
Wait until electric cars go mainstream. Right now Telsa is just a status symbol  - a ferrari. Toyotas and VW once they unleash their behemooth will be shipping millions of units - while you're overvaluing a junk.
Title: Re: Tesla hits top 10 at 500B ... Musk eclipses Bill Gates
Post by: Nefertiti on January 08, 2021, 05:31:57 PM
Wait until electric cars go mainstream. Right now Telsa is just a status symbol  - a ferrari. Toyotas and VW once they unleash their behemooth will be shipping millions of units - while you're overvaluing a junk.

Possible for Tesla to implode but unlikely. Projections are a big marketshare from present 0.5% - akin to iPhone beating Nokias and Siemens to a pulp. Cause paradigm shift - so long as Tesla continues to be rated the most innovative company in the world expect stock to skyrocket.
Title: Re: Tesla hits top 10 at 500B ... Musk eclipses Bill Gates
Post by: RV Pundit on January 08, 2021, 05:43:38 PM
It could go Blackberry. Iphone was backed by strong company with long history making softwares and PCS - Apple. It was not one wonder kid. Nokias and Siemens are still out there selling switches and base stations.

Tesla is akin to Blackberry.

Possible for Tesla to implode but unlikely. Projections are a big marketshare from present 0.5% - akin to iPhone beating Nokias and Siemens to a pulp. Cause paradigm shift - so long as Tesla continues to be rated the most innovative company in the world expect stock to skyrocket.
Title: Re: Tesla hits top 10 at 500B ... Musk eclipses Bill Gates
Post by: Nefertiti on January 08, 2021, 05:58:08 PM
This is the issue. The innovative company will DEVELOP advantages including features, delivery, services, name it - not the dinosaurs who can't make top 50. Blackberry was just first-to-market but not innovative. Paradigm shift has made cars to be more than transport boxes - way iphone brought combined Ipods via Itunes. And all games and apps via Appstore. Nokia was archaic mobile phoneline not a mobile computer like iphone.

Tesla let you design your order online- add or remove features- push patches online - update Autopilot using data from the entire fleet. It akin to Google on wheels. Toyota is stuck in Kaizen generation of assembly lines and conveyor belts - they are experts in history.


Tesla Is #1 In Transportation Among World’s 50 Most Innovative Companies 2020

Quote
Tesla took 3rd place in the ranking of the most innovative companies in the world, becoming the only automaker to get on this list and 1st place in the ranking of the most innovative transport companies in the world.

https://www.tesmanian.com/blogs/tesmanian-blog/tesla-is-in-top-3-of-the-world-s-50-most-innovative-companies-2020
Title: Re: Tesla hits top 10 at 500B ... Musk eclipses Bill Gates
Post by: Nefertiti on January 08, 2021, 06:44:12 PM
Even in innovative transport list Toyota, Volkswagen are not top 10. While Tesla is #1. You have NIO and many startups. The closest Toyota comes to Tesla is this BCG ranking. Nowhere else Toyota beat the cut.

https://www.forbes.com/sites/louiscolumbus/2020/06/28/the-most-innovative-companies-of-2020-according-to-bcg/
Title: Re: Tesla hits top 10 at 500B ... Musk eclipses Bill Gates
Post by: RV Pundit on January 08, 2021, 07:00:39 PM
During its BlackBerry was churning out patent but to compare little Tesla with industry giants you're an idiot