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  • The Tesla Bubble Is Bursting [View article]
    >>I would rather mine lithium than pump oil out of the ground. Lithium is rechargeable for yrs. <<

    ...under controlled lab conditions where cost is not an issue?

    This has been refuted ad nauseum. Since JP is no doubt too busy to get an ulcer refuting Tesla acolytes, I will cite sources that say Lithium batteries will go into the landfill:

    I also like this part:
    " Between the costs of fire prevention, material separation and metal refining, all lithium-ion batteries and most other advanced batteries cost more to recycle than the metals are worth..."

    So instead of mountains of tires, we'll see mountains of discarded Tesla batteries from the Model S.
    Oct 6, 2015. 08:41 AM | Likes Like |Link to Comment
  • The Tesla Bubble Is Bursting [View article]
    And just to remind you, we should be focusing on the stock more than the product, and that means noticing Tesla's staggering cash burn rate:
    the company has burned over a billion dollars US in the first six months of this year:

    But this is to be expected when you only sell 120 cars in all of China.
    Oct 4, 2015. 04:38 AM | 2 Likes Like |Link to Comment
  • So Now We Learn Why Tesla's CFO Is Calling It Quits [View article]
    <<The sheer number of valid comments that DO NOT violate Seeking Alphas rules that are being censored here is both mind boggling and disappointing.>>

    I see a pot/kettle exchange in the making, because soon-to-be-unemployed TSLA employees on this site are fond of deleting my TSLA comments in other threads on the grounds that they are "abuse" -- when they only predicted things like an endless cash burn and a failure in China (unless those buyers paid $12,000,000 each for those 120 cars Elon sold...).
    Sep 11, 2015. 09:52 AM | 3 Likes Like |Link to Comment
  • Tesla: Actually, Consumer Reports Just Reiterated The Bear Case [View article]
    <<You've entered a realm of religious faith where facts are no longer relevant. >>

    I guess a lot of Tesla acolytes are familiar with that realm, because these are some facts from the Eco-Deadbeat car company's quarterly report:

    #1 - Tesla -- and BTW, I presume you're an underemployed Tesla employee with plenty of time on his hands -- is losing $4,000 on every completed sale; and ...

    #2 - Tesla has a CASH BURN of over $1 billion IN THE FIRST SIX MONTHS OF THIS YEAR.

    Is Consumer Reports going to buy all these firetrap cars?
    Sep 6, 2015. 08:26 AM | Likes Like |Link to Comment
  • More stimulus on the way as dove joins BOJ board? [View news story]

    ANSWER: In the US - stock buybacks at 0% interest, which reduces supply and creates a short squeeze.
    Feb 6, 2015. 02:22 AM | Likes Like |Link to Comment
  • U.S. car sales dazzle in January as $2 gas factors in [View news story]
    I see subprime auto loans are not even mentioned in this "news" alert. The CEOs think we're going to tie ourselves down to a five-year auto loan because of one season of cheap gas? Don't make me laugh.
    Feb 3, 2015. 08:03 PM | 7 Likes Like |Link to Comment
  • How Tesla's Deceptive Self-Defined Gross Margin REALLY Compares To Porsche's [View article]
    >>Wasn't Norton the best motorcycle ever made? They never needed maintenance and lasted forever... and they went under. Sad but true.
    Jan 9, 2015. 08:04 AM | 2 Likes Like |Link to Comment
  • Does McDonald's Need An Activist? [View article]
    I guess you've forgiven them for their "tainted meat scandal" in 2014.

    From CNN:

    From the Daily Mail:

    "Just fine," considering they should've thrown it out months earlier...
    Jan 5, 2015. 06:14 AM | Likes Like |Link to Comment
  • The Tesla Gigathreat [View article]
    (Apologies for the late reply.)

    DISCLOSURE: I am in J. Petersen's camp.

    <<Are you suggesting Elon/Tesla has no strategy or is a poor leader who does not have vision?>>

    I am stating that the project is going to fizzle out, that Tesla's acolytes are making vastly exaggerated claims for its sales potential, and its Free Cash Flow, the last time I could be bothered to check, was ROUGHLY $177 million IN THE RED. Yet they continue to make promises about supercharger networks and sales to Norway that turn out to be a pig in a poke. If they make a cheaper version of their Model S that has a longer range with a cheaper cost, then the resale value of used Model S's will be crippled. Plus, now I'm reading about defective drive trains that need to be replaced at a modest cost of $15,000...

    Even if this is a car for the 1%, the 1% didn't become the 1% by being stupid with their money.

    We know that the share value has been sustained by stock buybacks and QE purchases; if QE is well and truly over, then the bubble will burst.
    Dec 30, 2014. 07:55 AM | Likes Like |Link to Comment
  • The Tesla Gigathreat [View article]
    <<Elon isn't afraid to use his own money>>

    He seems to be going to the public and increasing the company debt at regular intervals. That has been written about in the media.

    <<Elon... still has a huge amount of passion and does what he does for the challenge of doing it.>>

    Enthusiasm is no substitute for a feasible strategy. Plenty of soldiers in WW1 had a great deal of enthusiasm at the start of the war, and they were slaughtered. Their leaders were aimless.
    Dec 22, 2014. 07:06 AM | 1 Like Like |Link to Comment
  • Student Debt Poised To Crimp U.S. Economy [View article]
    >> I see what you did there.
    Dec 21, 2014. 08:37 AM | Likes Like |Link to Comment
  • The Most Dangerous Market Since 2008 [View article]
    <<American now produces more oil than any other country.... That results in more demand for dollars. But you knew that already ...>>

    What I also know already is that several countries have been attacking the petrodollar recycling arrangement created by Henry Kissinger. Iran, for example, has been demanding that Japan pay for oil exports in yen, not USD, since 2007. And in future, we will see further arrangements made that will threaten the hegemony of the USD.

    See what you think of this article (it's a long one) --
    Oct 23, 2014. 01:51 PM | Likes Like |Link to Comment
  • The Most Dangerous Market Since 2008 [View article]
    << The Euro, Yen, and please do not say China. There is not viable alternative.>>

    Russia's and China's currencies are backed by gold, as they are acquiring a lot of it. America's money is not even backed by oil anymore, as countries around the world are de-dollarizing.
    Oct 20, 2014. 03:48 AM | Likes Like |Link to Comment
  • The Most Dangerous Market Since 2008 [View article]
    I don't think it's quite that simple.

    I hope we're all taking this into consideration --

    "the companies of the S&P500 itself... cumulatively repurchased a whopping $160 billion of their own stock in the first quarter [of 2014]!"

    That's correct. Even if the POMOs of free money are called to a halt, banks are still taking advantage of ZIRP to get deep into debt, buy bank tons of stock (causing occasional short squeezes, which further thrust share value upwards) and use that increase in equity to absorb other firms.

    This is madness. Eventually people will conclude that the dollar is worthless and readjust their holdings of international reserves, and then the currency markets will give the dollar a shock.
    Oct 19, 2014. 11:41 AM | Likes Like |Link to Comment
  • 4 Reasons The Jobs Report Stinks [View article]
    1) a job is a job - it doesn't matter if the person is 34 or 54. Just like a dollar is a dollar.

    You cannot be serious.

    David Stockman just wrote a column about the appalling shortage of "breadwinner" jobs here on SA --

    An excerpt --

    "...Over the course of 170 “jobs Fridays” since mid-2000, the latter have apparently never noticed the single most stunning fact embedded in the monthly BLS report. Namely, that outside of health and education there has not been one net new job created in the American economy since July 2000! Yes, not a single new job—as in none, nein, nichts, nada, zip!..."

    You'd do us all a favor by going back to "MST3K".
    Oct 5, 2014. 12:01 PM | 1 Like Like |Link to Comment