Comments by "" (@mrpmj00) on "Why this analyst has an outperform rating on Tesla: 'It's about the process tech'" video.

  1. Tesla's playing accounting games to report fake profits. 10/21/2020: core business of selling cars is at a loss. Tesla's profit is from selling clean air credits to other manufacturers. https://www.youtube.com/watch?v=VHKtmy5uNJo 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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  2. 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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