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Tesla Inc TSLA

Tesla, Inc. designs, develops, manufactures, sells and leases high-performance fully electric vehicles and energy generation and storage systems, and offers services related to its products. The Company's segments include automotive, and energy generation and storage. The automotive segment includes the design, development, manufacturing, sales and leasing of high-performance fully electric vehicles, and sales of automotive regulatory credits. It also includes sales of used vehicles, non-warranty after-sales vehicle services, body shop and parts, paid supercharging, vehicle insurance and retail merchandise. Its consumer vehicles include the Model 3, Y, S, X and Cybertruck. The energy generation and storage segment includes the design, manufacture, installation, sales and leasing of solar energy generation and energy storage products and related services and sales of solar energy systems incentives. Its lithium-ion battery energy storage products include Powerwall and Megapack.


NDAQ:TSLA - Post by User

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Post by Bertandersonon May 11, 2023 3:21pm
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Post# 35443874

Stocks and Housing Market Continues to Edge Higher

Stocks and Housing Market Continues to Edge HigherDid someone forget to tell the stock market to crash? Amid a string of bank failures and bailouts this year, the S&P 500 index has somehow sneaked nearly 4% higher, not counting dividends. This is a very resilent housing market and stock market. Regardless of any additional bank failures, tightening credit, persistent high interest rates and steady inflation, the markets continues to move higher. Is it reasonable to say, don't miss out and keep buying stocks and homes! I don't think so. Two examples of inflation like I've never seen before include: one bedroom apartments for rent at $3000/month today versus $2000/month just 3 years ago; also I went to rent a U-Haul truck for a trip I've done many times before but haven't in the last 4 to 5 years...it was $800 4 years ago and it is now $3100 for the same truck not including the increased cost of fuel. I don't believe the declining reported inflation numbers are reflecting true increased costs that the average person is experiencing. How can it? I'm very afraid, something has to give and it might be 6 months from now or maybe sooner. Buy stocks and homes at your own risk!
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