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    VWVortex


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    Type: Posts; User: unhappymeal

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    1. That's what came to mind for me as well. However,...

      That's what came to mind for me as well. However, for that analogy to hold, he would have to stop making Teslas and his competitors would have to stop researching autonomous vehicles.
    2. Fair enough. I'll add he has a penchant for...

      Fair enough. I'll add he has a penchant for making outright fraudulent statements, hence the SEC settlement and the litigation for defamation.
    3. That's a fair point and why I made the caveat...

      That's a fair point and why I made the caveat about monopoly. If they can maintain their lead, then yes, Elon will be right. Once the competition catches up, it will be a commodity like every other...
    4. I knew that was coming. Your car that is...

      I knew that was coming. Your car that is moonlighting while you are working is putting 60 hours of extra mileage on the car. The average person drives 20,000 km a year. Those extra 60 hours are...
    5. I think you are reading too much into Musk's...

      I think you are reading too much into Musk's post. He simply said it is worth $100k - $200k because it's generating revenue. Would a used F150 be worth more because someone uses it as farm equipment...
    6. Which brings me back to the monopoly point. If...

      Which brings me back to the monopoly point. If Tesla has a monopoly on autonomous FSD vehicles, then yeah, it might happen. However, we know that GM, Ford and VWAG are heavily invested into this....
    7. No, it will not be worth more. It is a...

      No, it will not be worth more. It is a depreciating asset. A Panther taxi is not worth more than it was ten years ago because it can generate revenue as a taxi. You still need to maintain it, which...
    8. For that to be true, he would need a monopoly on...

      For that to be true, he would need a monopoly on autonomous cars. Having said that, the car is earning you revenue while still depreciating due to wear, so no, it's never going to be worth $100k -...
    9. Elon Musk is probably on the ambien again, gets in a Twitter fight with a customer and asserts Teslas are appreciating assets

      Someone needs to take away this man's Twitter access or at least call Wharton so they can ask him to return his economics degree. Assets that make money still depreciate.
      ...
    10. Not a fan. Everywhere you go now smells skunky...

      Not a fan. Everywhere you go now smells skunky because cannabis follows the same laws as tobacco (can smoke in public, smoke on patios, etc.).
    11. What's not to like about highly expensive...

      What's not to like about highly expensive flights, passive aggressive people and "free" health care?
    12. I edited my post. You cannot use USD to CAD...

      I edited my post. You cannot use USD to CAD exchange rates because we are paid in CAD and salaries are not any higher in Canada than the US. It's the Big Mac Index principle.
    13. Canuck dollars, but I don't think it matters. We...

      Canuck dollars, but I don't think it matters. We are paid in Canuck dollars and our salaries aren't any higher.
    14. Is $800 a month a lot? In Ontario, thanks to our...

      Is $800 a month a lot? In Ontario, thanks to our lovely 13% sales tax, a brand new Accord 2.0 Touring on a 60 month term at 2% rings in at $834 a month.
    15. Yes, the cash flow is important, but like you, I...

      Yes, the cash flow is important, but like you, I set a term limit (based on the interest rates) and then hard cap myself at a dollar amount.
    16. Replies
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      ...and my Golf R has been one of the LEAST...

      ...and my Golf R has been one of the LEAST reliable cars I have ever owned. That's why we use aggregate data and statistics.
    17. So true. When we went to look at G90s, the sales...

      So true. When we went to look at G90s, the sales people kept on trying to come back with payment numbers. When I said that I don't care about payments and am more interested in the total cost and...
    18. Good thing we agree to pool our money and have an...

      Good thing we agree to pool our money and have an equal amount of disposable, no questions asked, income every month.
    19. Yet, those execs still are in place... I think...

      Yet, those execs still are in place... I think you are trying to construct a witch hunt where none exists. I don't condone the short sightestness of the Corporate world; however, I am not naive...
    20. You are putting words into my mouth. I said it's...

      You are putting words into my mouth. I said it's rational to do what the market is rewarding and incentivizing them to do. The stock market and Board of Directors almost always respond to the...
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