3 ms·

And this is why i will not buy a Tesla... but I will buy their stock. Companies with sh!tty consumer attitude do well.

netsharc 7y ago
I'm not so sure about the stock. This line in the article: > The car was sold at auction as a result of a California Lemon Law buyback, as the car suffered from a well-known issue where the center-stack screen developed a noticeable yellow border. makes me think that soon (say the next 2 years) there will be a shitload of Teslas - which were bought during their mass adaption time - which will start malfunctioning because of wear, and the company will be in pretty deep shit, with a lot of customers with no cars and long waiting times for the service. Hmm, and how is their parts distribution network?
salawat 7y ago
So what you're saying is you like companies with shitty consumer attitude? Because that right there is exactly how you get them and ruin the business landscape for everyone else. I mean, you're incentivizing the behavior by extending them the funding to operate. "The Market" is you, and you are "the Market".
- pm24601 7y ago
  Well, sadly yes. Amazon is a horrible company (https://www.theguardian.com/technology/2020/feb/05/amazon-workers-protest-unsafe-grueling-conditions-warehouse https://www.theguardian.com/technology/2020/feb/05/amazon-wo...) in many ways. Yet the stock has made Jeff Bezos a bizzilionaire. I have no plans to ever work for Amazon even as a software developer - but I wish I had bought the stock. I held Wells Fargo for awhile - specifically because they bragged about how good they are about extracting fees from customers. I would never bank with them, I use credit unions exclusively. With the Trump deregulation mania encouraging stuff like this (https://www.cnn.com/2020/02/07/us/florida-weed-killer-spraying-red-tide/index.html https://www.cnn.com/2020/02/07/us/florida-weed-killer-sprayi...) I will need lots of money to escape as a climate refugee.

I'm not so sure about the stock. This line in the article: > The car was sold at auction as a result of a California Lemon Law buyback, as the car suffered from a well-known issue where the center-stack screen developed a noticeable yellow border. makes me think that soon (say the next 2 years) there will be a shitload of Teslas - which were bought during their mass adaption time - which will start malfunctioning because of wear, and the company will be in pretty deep shit, with a lot of customers with no cars and long waiting times for the service. Hmm, and how is their parts distribution network?

salawat 7y ago

So what you're saying is you like companies with shitty consumer attitude? Because that right there is exactly how you get them and ruin the business landscape for everyone else. I mean, you're incentivizing the behavior by extending them the funding to operate. "The Market" is you, and you are "the Market".

pm24601 7y ago
Well, sadly yes. Amazon is a horrible company (https://www.theguardian.com/technology/2020/feb/05/amazon-workers-protest-unsafe-grueling-conditions-warehouse https://www.theguardian.com/technology/2020/feb/05/amazon-wo...) in many ways. Yet the stock has made Jeff Bezos a bizzilionaire. I have no plans to ever work for Amazon even as a software developer - but I wish I had bought the stock. I held Wells Fargo for awhile - specifically because they bragged about how good they are about extracting fees from customers. I would never bank with them, I use credit unions exclusively. With the Trump deregulation mania encouraging stuff like this (https://www.cnn.com/2020/02/07/us/florida-weed-killer-spraying-red-tide/index.html https://www.cnn.com/2020/02/07/us/florida-weed-killer-sprayi...) I will need lots of money to escape as a climate refugee.