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Comments by "" (@mrpmj00) on "Jim Cramer unveils the 'magnificent 7' stocks investors keep pushing higher during the pandemic" video.
Zoom is overpriced compared to Microsoft Teams/Skype.
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SQUARE is not really making money, its got a lot of BITCOIN toy money
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Peloton is an overpriced bike compared to the Amazon bike at 1/10th the price, not to mention Apple watch.
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Who uses Paypal? When I use Ebay, my payment is hooked up via Paypal but ultimately that is attached to my credit card.
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10/2/2020: Tesla sales crashes in Europe: https://www.latimes.com/business/story/2020-10-02/tesla-reports-q3-deliveries-record?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+latimes%2Fbusiness+%28L.A.+Times+-+Business%29 ---------------------------------- 10/2/2020: Norway used to be Tesla's biggest market....not anymore! Volkswagen Sold Nearly Twice As Many ID.3s In Norway In September As Tesla Sold Model 3s https://www.forbes.com/sites/jimcollins/2020/10/01/volkswagen-sold-nearly-twice-as-many-id3s-in-norway-in-september-as- tesla-sold-model-3s/#5d4f2458a745 ------------------------------------- 10/2/2020 Tesla Faces China Wipeout By 2030, Morgan Stanley Analyst Says https://finance.yahoo.com/news/tesla-faces-china-wipeout-2030-090559425.html ------------------------------- 10/8/2020: In 2021, VW sells 90% of EV cars in Tesla's main market of Norway https://finance.yahoo.com/news/volkswagen-expects-90-electric-car-153750916.html --------------------------------- 10/9/2020: Tesla drives off the road https://www.youtube.com/watch?v=TJYBMoehFXI
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I bought Amazon, Apple, Nvidia, Facebook, Microsoft, Google, Wells Fargo, CRM, Lululemon, Broadcom (AVGO), Adobe
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Netflix doesn't have any more good shows (I've been watching siince March) so now I've turned to Amazon Prime.
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TESLA: There's only a 5 year world supply for lithium batteries (and Tesla is using up too much of that for the few , compared to how little a smartphone uses for everyone). Current electrical infrastructure can't supply the electricity to all homes. Powerlines contribute to forest fires. Lithium batteries are mined by African children. Lithium batteries create toxic disposal wastes. There needs to be a law that prioritizes lithium for smartphones over electric cars because cars have petroleum and hydrogen alternatives. Providing more lithium batteries for EV cars is just opening a can of worms because the electrical grid cannot support every house. Not everyone can or wants to incur the cost of solar panels (which from my friend's experience only lasted 7-10 years) I have 4 cars, 2 cars (kids' cars) are parked outside. A battery manufacturer should sell to the highest payer. Ford, GM, and VW have deep pockets and they can pay more for the batteries and put Tesla out of business. An electric truck makes no sense because tests have shown that the battery drains faster when it has to pull. Hydrogen vehicles make more sense in trucks than EV. Hydrogen vehicles fuel up in 5 minutes like gas cars and they have a 1000mpg range; EV you have to wait 45+ minutes (and you have to wait for the guy in front of you to finish his charging) THere isn't a plugin at every corner like a a gas station and the charge is 50 minutes+ (assuming you aren't waiting for the guy before you to finish his charging) Gas stations pay tax to maintain roads, EVs don't That would cause a lot of unemployment.
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