Finance Thread - What stocks are you in, etc.

[gunn]

Back in 2018-ish I almost bought $250-ish worth AMD when it was like $9/share. Instead, I opted for some other scam of a stock and lost like 50% of its value. When I cashed at a loss AMD was already on the up-and up.

On the plus side Jonathan, if you lost $125 of value you wont need to spend multiple years to tax harvest the full value of the loss.

 

[dDUBb]

Bought weed stocks.

Same here, it all goes Up in Smoke.

Anyone still holding? Take your profits, folks.

I've got a buy in point around 265 after cashing out at 275; so the tax situation is a done deal and ive consolidated my gains / loss to a near zero point - I'm just floating the cash for day trades if I can catch something on the upswing.

 

[Trunk Monkey]

Brave.

Anyone still holding? Take your profits, folks. Spend some to buy my tbird if you want

Tesla Sales Fall Off A Cliff Globally, Including Germany, Australia, And China | Carscoops

German sales were down by a massive 76.3% last month, with Australia posting a similar 71.9% decline

www.carscoops.com

The TSLA action is temporary in the big/long-term picture. I'm looking at it as a buying opportunity.

Is your car for sale?

 

[gunn]

The TSLA action is temporary in the big/long-term picture. I'm looking at it as a buying opportunity.

Is your car for sale?

TM:
The world is turning away from Tesla's cars and Elon because of his demagogic behavior.
So what do you think will be the long-term driver of Tesla share value beyond its current meme level price (
- Robotaxis? They can't even operate autonomously in the tunnels (one way roads, no traffic) under vegas and instead rely on drivers. Their sensor suite has been hamstrung by relying on visual light sensors only (no radar and no lidar like every other autonomous vehicle company) so they lag far behind their competition.
- Robots? Some were actually remote controlled in the Oct 2024 event. That doesn't exactly inspire confidence.

--
On the tbird, yeah, I decided to sell it. Realistically, I'm not going back to Lemons racing. Most of my free time which I allocate on cars are working on my current car project which is still in progress (the Mondial EV conversion which is probably a year away from running on the street). I'd rather sell it as a full package to someone who will race it vs scrap it and sell the components. If you come out to pickup the package, you are welcome to stay in my guest apartment for a few days until you load it up and drag it home. Consider it a mini-vacation
https://forum.birdcats.com/threads/...ar-manual-swap-all-race-spares-sf-ca-6k.1151/

I will either use the garage space to store the UTV and prep it for the 2026 Mexican 1000 (less exciting for my wife) OR it'll stay empty until I finish my Mondial and start my NEXT car project. My wife wants a classic BMW like a 2002ti or an old alfa sedan which I would restomod. I'm thinking either car needs a K20C1 and if I go 1974 or earlier, it'll be CA smog exempt. In theory, I could keep my tbird's spare engine/trans, properly rebuild it not for lemons but with CNC aluminum heads, but I've had a growly V8 now with the tbird. I want a ricer motor.

 

[XR7-4.6]

Tesla Sales Fall Off A Cliff Globally, Including Germany, Australia, And China | Carscoops

German sales were down by a massive 76.3% last month, with Australia posting a similar 71.9% decline

www.carscoops.com

 

[dDUBb]

if I go 1974 or earlier, it'll be CA smog exempt.

1975, but .. hold that thought for a minute.

If Lenos law passes; well be looking at a 35 year benchmark = 1990 and earlier smog exempt. Small catch. But in the long term .. that 1995 Tbird could be street legal and then some in another 5 years.

 

[XR7-4.6]

1975, but .. hold that thought for a minute.

If Lenos law passes; well be looking at a 35 year benchmark = 1990 and earlier smog exempt. Small catch. But in the long term .. that 1995 Tbird could be street legal and then some in another 5 years.

That’s great to hear!

 

[gunn]

1975, but .. hold that thought for a minute.

If Lenos law passes; well be looking at a 35 year benchmark = 1990 and earlier smog exempt. Small catch. But in the long term .. that 1995 Tbird could be street legal and then some in another 5 years.

I actually drove that tbird to/from my office sometimes in the first two years it remained street legal which was definitely a sight with a dude in a dress shirt and a helmet in traffic on Hwy 280. We'd drive it to/from Sears Point for the first 3 races (last time with the bosozoku exhaust sticking out of the trunk).

If I could go newer, I think the only car which appeals to me would be the "shark nose" E21 BMW 3series. E30s are so basic.
I would go for the classic Alpina or alpina style rims though. I love those things. Not going to buy anything until the Mondial is done though... and that car is almost done being repainted (eliminating one more excuse). Need to testfit my caliper brackets and order the real ones once I confirm fitment, reinstall the interior, mount the front battery box, order/install the custom axles, and add the high voltage wiring. Once that is done, the long tail will be 1) install prius power steering 2) add a restoair HVAC behind the dash (it looks like heatpump systems are starting to be commercialized), and 3) install a modern 1DIN stereo + maybe surround cameras.

 

[CDsDontBurn]

1975, but .. hold that thought for a minute.

If Lenos law passes; well be looking at a 35 year benchmark = 1990 and earlier smog exempt. Small catch. But in the long term .. that 1995 Tbird could be street legal and then some in another 5 years.

SB712 kinda sucks right out the gate though. It seems to have some restrictions on what needs to happen to the car, and from what I understand, it needs to meet a "collectible" status. As long as there are loopholes in that system where there lots of room for interpretation is available, it's going to still be a suck-fest here in California for older cars.

Jay Leno backs new California classic car smog bill. See if your vehicle applies

California State Sen. Shannon Grove and former “The Tonight Show” host and classic car enthusiast Jay Leno joined forces Wednesday in an effort to keep more classic cars on the road.

www.nbclosangeles.com

 

[dDUBb]

it needs to meet a "collectible" status.

Collector / classic insurance .. simple enough; as long as it's not your daily driver.

 

[Trunk Monkey]

TM:
The world is turning away from Tesla's cars and Elon because of his demagogic behavior.
So what do you think will be the long-term driver of Tesla share value beyond its current meme level price (
- Robotaxis? They can't even operate autonomously in the tunnels (one way roads, no traffic) under vegas and instead rely on drivers. Their sensor suite has been hamstrung by relying on visual light sensors only (no radar and no lidar like every other autonomous vehicle company) so they lag far behind their competition.
- Robots? Some were actually remote controlled in the Oct 2024 event. That doesn't exactly inspire confidence.

--
On the tbird, yeah, I decided to sell it. Realistically, I'm not going back to Lemons racing. Most of my free time which I allocate on cars are working on my current car project which is still in progress (the Mondial EV conversion which is probably a year away from running on the street). I'd rather sell it as a full package to someone who will race it vs scrap it and sell the components. If you come out to pickup the package, you are welcome to stay in my guest apartment for a few days until you load it up and drag it home. Consider it a mini-vacation
https://forum.birdcats.com/threads/...ar-manual-swap-all-race-spares-sf-ca-6k.1151/

I will either use the garage space to store the UTV and prep it for the 2026 Mexican 1000 (less exciting for my wife) OR it'll stay empty until I finish my Mondial and start my NEXT car project. My wife wants a classic BMW like a 2002ti or an old alfa sedan which I would restomod. I'm thinking either car needs a K20C1 and if I go 1974 or earlier, it'll be CA smog exempt. In theory, I could keep my tbird's spare engine/trans, properly rebuild it not for lemons but with CNC aluminum heads, but I've had a growly V8 now with the tbird. I want a ricer motor.

Hi Gunn,

Yes, I've seen the articles. Yes, I'm aware their sales are dropping globally, cars and chargers are being set on fire, etc. I've seen all the hate directed towards TSLA due to Elon's demagogic behavior. No, I don't agree with or condone his behavior. I honestly wish he'd stay out of politics. Is this short term noise? Yes, I believe it is.

There are many exampes of CEO's bringing hate upon their companies and yet those companies continue to thrive. To name a few:

• Uber and Travis Kalanick (2017)
• Amazon and Jeff Bezos
• Facebook/META and Mark Zuckerberg
• Disney and Bob Chapek

Elon's antics and backlash from that aside, I agree, autonomous vehicles (Robotaxi's & Full Self Driving [FSD]) are far from perfect... Yet.

You have to crawl and walk before you can run. This applies to everything that they're working on; Robotaxi's driven by FSD, robots, etc. I don't expect their robots to be at DATA from Star Trek: TNG or Bishop from Aliens level today. We're decades away from that. But progress is being made. Don't discount the future because we're not there YET!

To address the range of sensor suites that you mentioned, radar and LiDAR add expense and complexity to the vehicle. Radar has been shown to have issues with certain driving conditions (like rain and snow) and can sometimes lead to false positives or other problems in FSD. LiDAR is costly, has limited range and requires powerful processing capabilities to convert point clouds into usable 3D models or maps. Tell me, how exactly is Tesla lagging behind the competition?

TSLA's lead in FSD is huge. They are head and shoulders above the closest competitor. Can you name another company anywhere close to where Tesla is in this field that isn't relying on geofencing or restricting itself to a particular driving application or niche ?

Another segment that TSLA is heavily invested in and growing market share is their energy products including the charging network, Powerwall, Power packs and Megapacks. Other nonphysical energy services that TSLA is involved in include Grid Services, Virtual Power plants and Energy software.

In short, Tesla's long term growth trajectory will be driven by:

• Tesla is now a car company. They're currently working to ramp up and enhance manufacturing efficiency. They have reduced production costs from 84K per vehicle in 2017 to 36K per vehicle in recent years. New and expanded factories, new models (i.e. Tesla Semi) and upgrades of current models will continue despite the current political backlash.
• Tesla's next evolution will be FSD and Robotaxi's probably some time between 2030 and 2033
• Concurrent to cars and FSD growth in the energy sector will continue and finally ...
• Tesla robots (Optimus). When that happens is anyone's guess but for the hell of it, provided we don't destroy ourselves before then, let's say 2040.

… and then there’s this …

On your car and parts: Thanks so much for the offer to stay a few days at your guest apartment, it wouldn't be the first time I've crashed out at another members home. (Thanks to all who have hosted me over the years.) I won't be traveling to San Fran. but I'll look through the list of your parts.

You've got some great projects planned! Can't wait to see what you get into next.

 

[dDUBb]

Holy shit. I pulled out already .. but where does it go from here ??

 

[gunn]

1) well, we will have to agree to disagree on the

View attachment 10819

Holy shit. I pulled out already .. but where does it go from here ??

Uhm, down.

TM: as far as other cars which work better than Tesla, Mercedes Benz is actually the only mfg to have certified level 3 driving in the US, which allows for the driver to do non driver tasks under certain conditions (hwy, low traffic, etc)

DRIVE PILOT Automated Driving

Check out the new Mercedes-Benz automated driving system, DRIVE PILOT, which uses advanced sensors, a high-definition map, and more for your driving safety.

www.mbusa.com

Teslas system is only level 2 which still requires the driver to remain attentive and intervene when necessary. A lot of users don't, in large part because of the marketing and also because users are lazy. It's not fully self driving, much like a kid holding the wheel while the parents steer is not fully self driving.

Waymo is far ahead. If you are ever visiting SF, try it out. The shit works. My parents were skeptical and it took one ride to convince them that this tech is real.

There is also the longterm model of what happens when the car is level 4? If the car gets into an accident, does the victim sue the car owner or the driver? The owner didn't write the software but does own the car. What if he's drunk and behind the wheel? When the autonomous vehicles are offered as a service, the legal responsibility is on the owner of the vehicle and the SW being used (in waymos case today, that's all waymo).

Tesla would find it very hard to sell a fully autonomous vehicle without offering some level of indemnification for the owner/operators. That's going to get pricey and is an ongoing expense. I think instead they prefer having the owners pay a lump sum to unlock FSD (without having to take responsibility for their mediocre rSW).

 

[dDUBb]

Waymo is far ahead. If you are ever visiting SF, try it out. The shit works. My parents were skeptical and it took one ride to convince them that this tech is real.

Yeah holy shit .. last week I was driving down 19th Avenue and one of the lights was flashing red .. by the time I got to the intersection I've got busses and cars and people and more cars going or creeping into the intersection.. it's fucking chaos. Should have just cut over to highway 1. I finally make it through the intersection and breath a sigh of relief. Then I look over to my left and there is a fucking Wayne just cruising along like nothing.

Uhm, down.

Obviously but the market as a whole is down which makes for some potential upswing / day trading. I've got some cash to play with right now.

 

[gunn]

Try not to catch the falling knives. We've got more rollercoaster shit to get through.

 

[Trunk Monkey]

This market instability brought to you by you know who!

Anyway, I took a swipe at the AMZN falling knife today and bought a few shares of it.

Obviously but the market as a whole is down which makes for some potential upswing / day trading. I've got some cash to play with right now.

Yes. Market as a whole moves don't scare me as much as the bottom falling out of individual stocks.

Wish I had more dry powder to deploy.

 

[dDUBb]

Fuck Jeff bezos.

I just paid $16 for a fucking oil filter.

 

[Trunk Monkey]

Going to do some more market shopping today. Looking to add to PLTR and SOFI

 

[gunn]

Fuck Jeff bezos.

I just paid $16 for a fucking oil filter.

Was it from Canada or Mexico? My recent parts order for my Audi tbelt/WP was 2x the last time I had that job done.

The labor has doubled as well. Man, I actively dislike working on that car but as little as my wife drives, it doesn't really make sense to replace it when the parts are worth the same as the running car.

 

[dDUBb]

Going to do some more market shopping today.

Same here. Made a few day trades early morning and managed to bump my cash up 12% .. meanwhile my portfolio only went up 0 87% with most everything in the green today.

Was it from Canada or Mexico?

Pretty sure it's from China .. and the premium filter ( for the Vette .. ) is double the price of the standard filter.