Quote (thesnipa @ Mar 2 2021 01:37pm)
My holdings are like 5% of my IRA, so like nothing by comparison.
but my fuckaround portfolio is about:
25% BTC
20% ETH
20% assorted shit coins, ADA being largest chunk and one im most excited about growth on
(all above in wallets or on binance exchange)
35% cash chunk i swing trade with on RH, not for everyone obviously, but im up 1k$ over a month and a half with a 1k initial buy in.
Fuck the IRA dude
Quote (ofthevoid @ Mar 2 2021 04:00pm)
I'm actually doing some work on GM for my capstone mba. They are essentially pledging that by 2035 they will only sell EV's. GM stock price has been on a real tear for the last year.
The issue with the legacy makers is Tesla has a real lead in the race, in battery tech, name & marketing recognition in the 'cool factor' etc. It's like all of the smartphone companies chasing Apple. A real game-changer would be Apple coming in with its big dick and putting some rando car maker like Hyundai into the spotlight.
They have a technological advantage, but I don't see anything stopping the big boys taking market share from them in EVs over the the long term
First, Toyota, BMW, Mercedes, Volkswagen and Audi are bigger names than Tesla and are more well known to the public. Even rands like Hyundai are ($90bn sales so roughly 3x the size of Tesla)
Second, all the car manufacturers are capable of significantly better volumes and economies of scale. They could flood the market with high quality and cost efficient EVs