So happens I'm in New York. It's just not the New York you're referring to. There's the New York where Spider Man lives, and then there's the New York where the cows and cornfields live.

------ Original Message ------
From: "Eric Kuhnke" <eric.kuh...@gmail.com>
To: "af@afmug.com" <af@afmug.com>
Sent: 9/2/2016 3:54:21 PM
Subject: Re: [AFMUG] OT Stock

The model S is becoming quite common in Seattle/Vancouver/Portland. To the extent that noone turns their head to look at one anymore. If I had an extra $100k laying around I would not be spending it on a luxury car. Many better uses than that.

The economy/cost of living here is considerably different than places you can buy a house for $68,000. The cheapest standalone house in the city limits of Vancouver on the MLS right now, basically a shack that is a teardown, is around $1.4 million. Cost of living equals New York or San Francisco.




On Fri, Sep 2, 2016 at 12:49 PM, Adam Moffett <dmmoff...@gmail.com> wrote:
I'm always struck dumb by these conversations. I've seen one or two Corvettes, but they only come out in the summer. A Mustang or a Camaro is the most "luxurious" car I'm likely to see day to day. My house was $68,000. I got a Hyundai Accent for $10k. Debating between a $50,000 or $100,000 car seems foreign to me.

At a dealership I saw a Viper on display, but seeing one on the road is like a UFO sighting.

I've literally never seen a Tesla. That would be like seeing a NASA moon rover on the street with Buzz Aldrin at the wheel. Severe rubbernecking would take place.




------ Original Message ------
From: "Eric Kuhnke" <eric.kuh...@gmail.com>
To: "af@afmug.com" <af@afmug.com>
Sent: 9/2/2016 3:31:11 PM
Subject: Re: [AFMUG] OT Stock

I sort of agree with you on the model 3. But for the model S, it's great in its market niche. If I were in the market for an Audi A8, BMW 750 or large Mercedes S-class, the full size luxury sedans they're competing with...

In Vancouver and Seattle I have seen considerably fewer full size gasoline luxury cars and a lot more new model S driving around in the last 2 years.

I would rather buy a model S/P100D and enjoy ludicrous mode.

On Fri, Sep 2, 2016 at 12:28 PM, Travis Johnson <t...@ida.net> wrote:
The Model 3 is going to be a mess for their stock, once it actually releases in 2018.

"Starting price of $35,000"... but that is a bare-bones model, and includes the Fed tax break... which by the time they actually release cars, their allotted amount of tax credits may already be used up by their current cars. I'll bet more than half of the people ask for their deposits back once they see the car is $50,000.

I've driven BMW, Mercedes, Audi, Porsche, Ferrari, and even a Lamborghini for a test drive, and there are much better cars for $50k than what this Model 3 will be. There are WAY better cars than their current Model S for $100k+. The whole company is riding the "hype train" and at some point, it will run out of track. They can't keep losing $10k on every car they sell and stay in business forever.

Travis


On 9/2/2016 11:07 AM, ch...@wbmfg.com wrote:
You have the model 3 coming out in the next year.� I am pretty sure you will see it take a jump for that event. Right now I am trying to take advantage of the solar city acquisition and rocket explosion.�
�
From:Chris Wright
Sent: Friday, September 2, 2016 11:05 AM
To:af@afmug.com
Subject: Re: [AFMUG] OT Stock
�
TSLA prices feel so predictable right now. Every quarter change they tank because the books are so dire. Every mid-quarter they ride the hype train all the way back up when Elon does another update or unveiling.

�

Chris Wright

Network Administrator

Velociter Wireless

209-838-1221 x115

�

From: Af [mailto:af-boun...@afmug.com] On Behalf Of Tyson Burris @ Internet Communications Inc
Sent: Friday, September 02, 2016 9:17 AM
To:af@afmug.com
Subject: Re: [AFMUG] OT Stock

�

I think you will be safe to buy long term in the 185-195 range.� The chart is starting to push oversold.

BTW.� Should have bought UBNT @ $26 when I was telling everyone it was a double down bet.

�

Tyson Burris, President
Internet Communications Inc.
739 Commerce Dr.
Franklin, IN 46131
�
317-738-0320 Daytime #
317-412-1540 Cell/Direct #
Online: www.surfici.net

�


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From: Af [mailto:af-boun...@afmug.com] On Behalf Of Chuck McCown
Sent: Friday, September 2, 2016 10:39 AM
To:af@afmug.com
Subject: Re: [AFMUG] OT Stock

�

The short term thing is how I work TSLA.� Hopefully it will drop into the $190s today and I will hold it for a few months.� Get it back up in the $240s.

�

I just hate seeing Wells returning the lowest of my portfolio.� I have some nice index funds and others that are doing about 9%.�

�

�

From:Travis Johnson

Sent: Friday, September 02, 2016 8:01 AM

To:af@afmug.com

Subject: Re: [AFMUG] OT Stock

�

Wells Fargo is paying a 3.0% dividend right now... Tesla pays nothing. Tesla is also highly overrated according to everyone in the stock market. If it's a short-term thing, you may do OK... long term, you have to factor in the 3% you were making on Wells ($1,500/year) and compound that into the value.

Wells is still one of Warren Buffet's biggest holdings.

Travis

On 9/1/2016 5:55 PM, Chuck McCown wrote:

I am buying Tesla in the morning.� Just dumped 1000 shares of Wells Fargo to do it.�

�

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