No, growth is NOT accelerating as the last quarter proved (8% growth is bad) and the stock has a NEGATIVE P/E ratio. That is why the stock fell. So to answer your question: no that is not enough growth to support the stock.
So I am not OK with giving taxpayer backed incentives for the rich so they can have easier lives. Keep that crap in Norway. If you want to "save the environment" do something useful with the money.
That isn't the REASON. How are you saving the environment with incentives on CARS? Totally insane. If you wanted to help the envronment there are a million better ways to give incentives to than cars.
The FASTEST selling EV was the iPace. The idea that $60k+ cars are "saving the environment" borders on the insane, but is just simply basic stupidity. EVs aren't saving anything.
How are you going to "save the environment" by providing tax breaks for metal boxes so rich people have easier time commuting to work? It doesn't make a dent in anything. If you want to "save the environment" you shouldn't be driving around in ANY CAR.
No it wasn't, moron. The best selling EV in Norway cumulative is the Leaf. The FASTEST selling EV LAST YEAR was the iPace. Christ, people are so dumb here. They call me a "troll" because they don't know any facts.
Uh, that is because the price of the stock is based on the idea of EXPONENTIAL FUTURE growth. Growth of 8% isn't going to cut it. I don't understand how people don't understand the basics. The growth is slowing. It doesn't support a stock price that high, unless there will be continuous massive growth.
They aren't saturated yet, but it is getting there. Growth is SLOWING. I don't think you know what that means. Eventually you run out of suckers to sell $60k+ cars to.
It isn't impressive at all. You give rich people tax-breaks, no tolls, free parking, no import/purchase tax, no road tax, ability to drive in bus lanes and you will have a large number of them will run out and get one to complement their Range Rover. The Jaguar iPace is the fastest selling EV there. These isn't "wide acceptance" at all.
More BS. "So many people". That amount to about 44,000 cars sold in a year. That means 0.008% of the population bought an EV. More hype from Tesla shysters trying to pump up the stock by convincing everyone that people are buying $60,000+ cars in large numbers.
The reason is tax-breaks, no tolls, free parking, no import/purchase tax, no road tax, driving in bus lanes. Saving the environment isn't one of those reasons. The fastest selling EV there is the Jaguar iPace. Clearly it is rich people taking advantage of a government program to make their lives easier while commuting.
People who are interested know the difference between a GoPro and a knock off. Gopro isn't losing money because people are accidentally buying the knockoffs (or even knowingly). The market for action cameras is saturated, and everyone who wants a Gopro already has one. In addition the fad is over, so there aren't new people looking to buy.
Christ. How dumb. The problem is that the few degrees warmer is going to kill you first because it is happening in decadal time. You have a couple of thousand years to worry about how to handle an ice age.
I said the growth was slowing and eventually the market is saturated. Obviously no market with any growth is 100% saturated, but the massive growth is over. In particular Tesla and Apple are finding that out the hard way. There are only a limited number of people in those markets. I know you are a young technocrat and Apple/Tesla fanboy, but you are too inexperienced to know that the valuation of these companies are based on massive growth not "earns reports". Once the growth slows, they have a harder time borrowing money against their valuations. Many companies learned this the hard way - the tech industry is littered with them.
It definitely is easier. My point is if you make good hardware you will survive, no matter what the big tech companies do. In fact the big tech companies eventually drop out of markets once the profit margin drops or they aren't selling enough.
Uh, no. Apparently you haven't been following the trends. Tesla and Apple have not been growing nearly as fast as they have been, especially on the high end. The market for $1000+ iPhones and $60k+ Teslas are very limited and the market is punishing them now as the demand has evaporated. The vast majority of people are not like you, or like the people you know.
I didn't say anything about "poor quality". Everything listed (GoPro, Parrot, etc) were FADS. They are just gadgets that are cool for a while and a lot of people with excess cash buy them, but eventually everyone who wants/can afford one, has one already. Copy cats are for people who couldn't afford the original and has little effect.
If you have good useful hardware you will survive and beat the big tech companies. The problem is that these gadgets are just junk and rely on fads. Eventually you run out of people to sell to and your market is saturated. Only a small percentage of people want a drone, or a fitbit, an action camera, or a $60k+ electric vehicle (like Tesla found out), or a $1000+ phone (as Apple is finding out). There isn't an infinite market of consumers out there with excess money. Once the fad is over you have saturated your market.
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No, growth is NOT accelerating as the last quarter proved (8% growth is bad) and the stock has a NEGATIVE P/E ratio. That is why the stock fell. So to answer your question: no that is not enough growth to support the stock.
So I am not OK with giving taxpayer backed incentives for the rich so they can have easier lives. Keep that crap in Norway. If you want to "save the environment" do something useful with the money.
That isn't the REASON. How are you saving the environment with incentives on CARS? Totally insane. If you wanted to help the envronment there are a million better ways to give incentives to than cars.
The FASTEST selling EV was the iPace. The idea that $60k+ cars are "saving the environment" borders on the insane, but is just simply basic stupidity. EVs aren't saving anything.
How are you going to "save the environment" by providing tax breaks for metal boxes so rich people have easier time commuting to work? It doesn't make a dent in anything. If you want to "save the environment" you shouldn't be driving around in ANY CAR.
Not last year. It was the iPace.
No it wasn't, moron. The best selling EV in Norway cumulative is the Leaf. The FASTEST selling EV LAST YEAR was the iPace. Christ, people are so dumb here. They call me a "troll" because they don't know any facts.
Uh, that is because the price of the stock is based on the idea of EXPONENTIAL FUTURE growth. Growth of 8% isn't going to cut it. I don't understand how people don't understand the basics. The growth is slowing. It doesn't support a stock price that high, unless there will be continuous massive growth.
They aren't saturated yet, but it is getting there. Growth is SLOWING. I don't think you know what that means. Eventually you run out of suckers to sell $60k+ cars to.
It isn't impressive at all. You give rich people tax-breaks, no tolls, free parking, no import/purchase tax, no road tax, ability to drive in bus lanes and you will have a large number of them will run out and get one to complement their Range Rover. The Jaguar iPace is the fastest selling EV there. These isn't "wide acceptance" at all.
More BS. "So many people". That amount to about 44,000 cars sold in a year. That means 0.008% of the population bought an EV. More hype from Tesla shysters trying to pump up the stock by convincing everyone that people are buying $60,000+ cars in large numbers.
The reason is tax-breaks, no tolls, free parking, no import/purchase tax, no road tax, driving in bus lanes. Saving the environment isn't one of those reasons. The fastest selling EV there is the Jaguar iPace. Clearly it is rich people taking advantage of a government program to make their lives easier while commuting.
People who are interested know the difference between a GoPro and a knock off. Gopro isn't losing money because people are accidentally buying the knockoffs (or even knowingly). The market for action cameras is saturated, and everyone who wants a Gopro already has one. In addition the fad is over, so there aren't new people looking to buy.
Christ. How dumb. The problem is that the few degrees warmer is going to kill you first because it is happening in decadal time. You have a couple of thousand years to worry about how to handle an ice age.
I said the growth was slowing and eventually the market is saturated. Obviously no market with any growth is 100% saturated, but the massive growth is over. In particular Tesla and Apple are finding that out the hard way. There are only a limited number of people in those markets. I know you are a young technocrat and Apple/Tesla fanboy, but you are too inexperienced to know that the valuation of these companies are based on massive growth not "earns reports". Once the growth slows, they have a harder time borrowing money against their valuations. Many companies learned this the hard way - the tech industry is littered with them.
It definitely is easier. My point is if you make good hardware you will survive, no matter what the big tech companies do. In fact the big tech companies eventually drop out of markets once the profit margin drops or they aren't selling enough.
Add all the features you want, but once the fad is over, it is over. Fitness trackers are a definite fad.
Uh, no. Apparently you haven't been following the trends. Tesla and Apple have not been growing nearly as fast as they have been, especially on the high end. The market for $1000+ iPhones and $60k+ Teslas are very limited and the market is punishing them now as the demand has evaporated. The vast majority of people are not like you, or like the people you know.
I didn't say anything about "poor quality". Everything listed (GoPro, Parrot, etc) were FADS. They are just gadgets that are cool for a while and a lot of people with excess cash buy them, but eventually everyone who wants/can afford one, has one already. Copy cats are for people who couldn't afford the original and has little effect.
If you have good useful hardware you will survive and beat the big tech companies. The problem is that these gadgets are just junk and rely on fads. Eventually you run out of people to sell to and your market is saturated. Only a small percentage of people want a drone, or a fitbit, an action camera, or a $60k+ electric vehicle (like Tesla found out), or a $1000+ phone (as Apple is finding out). There isn't an infinite market of consumers out there with excess money. Once the fad is over you have saturated your market.
Don't worry. AI and autonomous driving and quantum computing are right around the corner. That will fix all these issues.
No they recently started actively deleting comments about a month ago.
Yeah. It isn't. Moron.
It isn't, but the idiots who climb it might have done something. Youtube is full of hipsters climbing that bridge.
Because you just take it out of a box and put batteries in it and use it to create Youtube videos for revenue. Consumerist BS.