Why 80% of my portfolio is Tesla

So I checked my trading accounts, and 80% of my portfolio  (by value) - not including Google (because I work there) or RRSPs - is TSLA. Some might think that I'm too heavily weighted on one company, I disagree. Why? Because everyone I know wants to work for Tesla or SpaceX. Not, Amazon, Facebook or Apple.  Why? Because Tesla  is making a huge  difference. Their mission statement is: "Accelerating the world's transition to sustainable energy"  And they are accomplishing it! Also, Tesla is getting things done! They are coming out with new cars, factories, solar roofs, and batteries faster than anyone could have predicted.  The pace is exciting. The impact you can make, not to your own wealth, but to the whole world is enormous. If you are smart and capable, do you really want to work at a startup, where maybe, just maybe, you might make a small difference (and make some money) - or work for Tesla where even if you were a minor cog in the wheel you would make a big diffe

Comparing ICV to EVs to cellphones

 I still hear friends complaining that EV (Electric Vehicles) are too expensive compared to ICV (Internal Combustion (gas) Vehicles). Or they are worried about the range or battery life... Bloomberg thinks that peak ICV already here, the number of ICE vehicles sold will continue to decline year over year until there you can't buy them anymore - they are correct. Tesla vehicles are better in every way (safety, performance, reliability, price) than gas or diesel cars, already. You might think the price is higher for EVs, but only the purchase price, if you consider the total cost of ownership, Teslas are cheaper. Cheaper because they have far better resell value, because charging is way cheaper than filling with gas (and getting cheaper), cheaper insurance, less maintenance, and more reliability. Never mind that you aren't killing the environment or children . It's like comparing a feature phone with a smart phone: A feature phone is: Cheaper to buy! Batter lasts longer (li

wny am I happy about the death of some people?

Unfortunately, I'm staring to be happy that certain people have died.  Like Fred Koch and, more recently, Donald Rumsfeld.. Frankly these are both people that should be celebrated for dying and not continuing the evil they perpetrated. More succinctly, they should be remembered for doing more evil than good during their lifetime and it is overall better that they have died than live a minute longer on this earth. These people can't repent but others (like Mitch) should link about their legacy. How many of us will be so happy that they are dead. Donald isn't the worst of them, but should be remembered for all of the evil that they have committed.

The Electric Unicycle is the Perfect Personal Transporter

Segway Way back in 2001, the Segway "human transport", code named Ginger  (think Ginger Rogers), was all the buzz.  Segway promised to change the world with it's two-wheeled self-balancing personal transporter. It was amazing, but pricey ($5,000 USD) and slow max of 16 km/h. However, self-balancing really is the way to go, but the battery tech wasn't there in 2000's. Spinnick597 Wikipedia Electric Unicycle (EUC) Electric Unicycles, like the Inmotion V11 above, is the natural evolution of the self balancing Segway. It has bigger tires (18") which helps get over obstacles and absorb shocks. It also has a suspension which absorbs even more.  What makes an EUC the perfect transporter is that it is: Compact Long ranged Off-road capable Hands free Not a motorbike Let me go over each and compare to other electric vehicles: Compact You can't get much smaller or lighter without going for a smaller wheel ( electric shoes ?). You can just throw it in the trunk, whi

When gas is rare

Photo by  Mehluli Hikwa  on  Unsplash Currently the price of gas in North America is at the lowest value we've seen in a decades because of the pandemic and a price war started by Russia. This whole situation is not great for gas stations of course because people aren't driving and their profits increase with great gas prices.  This also points gas price volatility, both down and and up. Some gas stations will go bankrupt, some owners will retire a little earlier, but eventually there will be less gas stations. As more and more people are buying battery electric vehicles (BEV), the writing will be on the wall. Who would want to open a new gas station in this climate?  Could you guarantee that there will be more gas guzzling customers in 5 years? As you have to drive further and further to gas up, the practicality of charging your car at home becomes more and more attractive. With less competition from other gas stations, the opportunities to price gouge will be h

10 Reasons why Tesla makes their own seats, maybe

It's pretty odd that Tesla makes their own seats for their cars. There are only four seat manufacturers  worldwide that all other car manufacturers use.  Tesla is the only major car company that makes their own seats. Why? Here are my guesses as to why they do this: 10. Tesla wants to make seats better than what other car companies can offer. Seats are half of the car experience, if they aren't super comfortable for long rides you won't want to buy the car. My neighbor was on the fence, but ten seconds sitting in my Model 3 and he had already decided to pull the trigger. 9. Tesla has high quality vegan leather seats that the other seat manufactures might not be able to offer. 8. New car smell, Tesla doesn't want it, and seat manufacturers probably do things to make smell worse. 7. Tesla wants to make super durable car seats for the autonomous vehicle (AV) future, where the car is being used all the time, like a taxi - and the traditional seat manuf
Tesla Model 3 Pros/Cons Cons The doors and trunk often need to be slammed to make sure they are closed properly. The frunk can't be closed without getting smudge marks on the hood. The bluetooth software to unlock your car doesn't work quickly every time, although it's mostly Android's fault. Parts of the central screen can be hard to read. It's expensive. Pros The supercharger network is the best in the world. Fast and cheap and so easy to use, and is a key selling point. The car's acceleration is instant and so addictive. Brings a smile every day! The traction control is unbelievably good. The handling and suspension are really good. Probably the safest car on the road. The whole car, and not just certain parts, can be fixed over the air by Tesla. Some days I wake up and the car can do new things. The car is connected to the Internet, for free! The battery will basically last forever, because Tesla protects it with careful software an