The FTSE

[ChicagoBlue]

Full disclosure: I am not a Tesla shareholder, but I do have a Model Y reservation made in November 2021 for a December 2022 delivery.



Tesla’s growth in auto manufacturing is growing beyond 50%, and other businesses are growing, too.

As for profits, Tesla margins would make Mary Barra pee her pants in excitement!

So, Tesla, ironically, is firing on all cylinders, with only the Shanghai shutdown causing issues. Austin & Berlin have, by any measure I’ve seen, been incredible successes and will provide a long runway for production.

All of that said, I don’t like owning stocks where the principal can dramatically drive down the price from the toilet with his phone in his hand…and has!

 

[dickie davies]

Selling lots of cars does not always equate to making a profit.

At some point Tesla needs to make massive profits to justify its valuation and so far it has only just about made a profit.

A bit like City (although the club is owned by three entities)

 

[Fred_Quimby]

Finally giving up our S & S ISAs. Probably not the best time but it has lost £3k over the last 9 months and the prospects don’t look good with zero growth forecast and the States not far behind. Get a better return in the BS. No wonder we are short on investment in this country.

 

[manchester blue]

Only one word for today. Brutal!

 

[flook]

Only one word for today. Brutal!

signs of stability in the last week blown away today, what happened???

 

[Jam Tomorrow]

signs of stability in the last week blown away today, what happened???

Boris fucking Johnson and the crooks in Downing Street.

 

[Blue Mist]

Boris fucking Johnson and the crooks in Downing Street.

What !! Did he cause America to crash as well ?
Wow, never knew he was so powerful.

 

[Jam Tomorrow]

What !! Did he cause America to crash as well ?
Wow, never knew he was so powerful.

Brexit, breaking international law, he’s a **** and a traitor, should be in the tower.

we are on course to be the 19th worst performing country in the G20,
Russia under huge sanctions being 20th. We have fruit and veg rotting in the fields, skills shortages left right and centre.

 

[manchester blue]

Boris fucking Johnson and the crooks in Downing Street.

Absolutely nothing to do with him. I know it’s the FTSE topic but it’s widely regarded as investment topic worldwide and practically every market has bombed today.

Stick to the politics forum for your issues with the PM and I’ll save my thoughts on where it would be with the Corbyn/Abbott dream team ;)

 

[Jam Tomorrow]

Absolutely nothing to do with him. I know it’s the FTSE topic but it’s widely regarded as investment topic worldwide and practically every market has bombed today.

Stick to the politics forum for your issues with the PM and I’ll save my thoughts on where it would be with the Corbyn/Abbott dream team ;)

Abbott and Costello would do a better fucking job :-)