bitkahuna

iTrader: (20)

100% you don't get to make a giant omelette without breaking a lotta eggs.

JeffKeryk

In Silicon Valley, so many C-Level execs are divorced and remarried with trophy wives; oftentimes much younger...

SW17LS

Oh no doubt

AMIRZA786

I ran Windows NT Workstation when everyone else was running Win 95/98. No plug and play, not a lot of driver support for high end video cards and other hardware, didn't support plug-ins like Flash and was not backwards compatible with 16 bit applications, but it was solid and I learned a lot getting PC games to run on it.

Back around the 2015-2016 era some of us started a company around mining Bitcoin. Electricity wasn't a problem because my friend lived at a co-op in SF with free electricity that was specifically setup for startups. The issue was hardware, we ordered equipment from a company called Butterfly Labs, but they never delivered and ended up going out of business. We did a bunch of calculations, and it turned out that we would just end up breaking even, so partners began pulling out. Good God, we would all be rich today had we just stuck to it....

I was going to execute on Nvidia a couple of weeks back when it was around $588, but decided not too. Now it's $917 . Life's just not freaking fair. But, I have a boatload of TSLA, and for the most part I've made money, I know if I sit on it everything will be fine. Or I'll sell it when it hits $300, then it will hit $500, which will just be my luck

spwolf

It is boloni that you have to be ruthless. Pushing extraordinary vision might be hard and demanding, building something that nobody did before.

But overall, if you look at lists such as top 100 companies to work for, they are full of huge companies who treat their employees well, usually owned by a billionaire.

Even for Musk or Steve Jobs, there are many people who love building something new and are willing to work 16hrs a day to do it. Anyone who ever worked in a startup will tell you that.

LeX2K

Back then I was doing power calculations thinking about potential profits lol. I know a guy that sold when BTC hit $300 or something like that he was so happy to pay for the electricity he burned. Good lord lol. I ran a stock AMD card that thing took a massive beating it never died. I still have it.
Why can't you see the future? Get it together.
You either believe in Tesla or you don't. If not, sell when you're at least par.

SW17LS

We’re not talking about companies, we’re talking about businesspeople. A company can be a great company to work for and treat their employees well and be founded by a successful person who is ruthless.

Some component of ruthlessness is required for success in business.

AMIRZA786

Well, I must believe in TSLA as I've only sold once since 2021, and it was to payoff my Model Y

LeX2K

Except you said your sell price is $300.

It is a gut punch watching basically every other tech stock go to the moon and TSLA drift into the ditch.

AMIRZA786

I can set all the sell price numbers I want, the question is, will I sell? So far set numbers have come and past...and I haven't sold yet. If I sell I either have to reinvest it somewhere else or it's because I have a big purchase

Allen K

iTrader: (4)

I should've kept all that NVDA I bought on margin a few weeks back

I did sell a bunch when it first breached $300 to clear margin on my wife's request. I shouldn't listen to my wife

AMIRZA786

My brother in law just got back from test driving the Model X...and it's a hard NO. There are several reasons, but here are the two main ones

• Removal of stalks
• Falcon wing doors

First on removal of stalks. He had a hard time using the turn signals, and secondly it began to rain. He hit the windshield wiper button, and his only choice was Auto. He could not figure out how to manually adjust the speed. Not a good start.

On the Falcon wing doors, he said that first of all they are cool, but impractical. They open too slowly, are extremely heavy, and they block the side pillars because of the extra support they need. He also mentioned that his wife would never drive it.

Overall he thought it was a cool car and an attention getter, but it took him way too much time to figure it out, it doesn't deliver value for its price like the Model Y, and removal of the stalks was "the stupidest move ever". He has an appointment to test drive a Kia EV9

The sad part, I'm not getting my Tesla referral points 😢

GFerg

I know continuing off topic but yea, I was buying NVDA end of 2022 around 150. Still have ALL of my shares. I want $1000, then I'm shaving. My only regret is that I didn't YOLO it all into NVDA. I put waaayy more into the semiconductor ETF, SMH during that time as I didn't want all that risk in one company. Played it safe, but I'm not mad at SMH's return over this time period either.

bitkahuna

iTrader: (20)

that's because they're not really considered a tech company. i know, i know...

they can't make sell roof tiles.
they can't make sell semis.
they can't make sell many powerwalls.
their "full self driving" isn't.
their products are mostly for consumers, not business.
they're really the model 3/y company.
and they may become the cybertruck company too at some point, but that's probably a couple of years away.
that's just a reality check. nothing wrong with it, but it's hard to sustain giant p/e valuations.
they will need to have a bumper cybertruck quarter maybe, or a real fsd breakthrough to stair step again.
i do believe they will climb again at some point though. i didn't sell...

stocks like arm and nvidia are just positioned so well to meet the moment, with less capital needs, pretty much insatiable demand, in demand BY the big tech companies in a race, etc.
glad i have both of those too and the big techs for 'diversification'.

patgilm

Like anything, you have to get used to having no stalks. All the gripes are just not getting used to it because it’s only a test drive. You know I don’t like the buttons for turn signals and I still make embarrassing blunders more the two years in with them but I wouldn’t say it is hard to use them, just not ideal/dumb. As for the windshield wipers, he just didn’t know how to use them, there are several different modes besides auto. The rear doors I do agree with him on.