Replies to post #65409 on Tesla Inc (TSLA)

[boston745]

Bigger impact than water shortage caused power issues, as hydro makes up small percentage of the electric grid, is rising natural gas prices. The increased shipments to Europe and demand in the US has driven it to new heights. That makes up about 38% of electricity so power bills are going to see significant increases as utility companies pass the higher costs to consumers.

This year has seen an odd hot/cold makeup with the northern tier seeing colder than usual and winter storms into May, while southern tier seeing hotter than usual spring temps (this causes increased natural gas demand for heating/cooling). That comes together in the middle of the US along with moisture streaming from the gulf, creating a dangerous mix of floods, tornados, & lightning storms. This is hitting the breadbasket of the US. It'll be interesting to see what hurricane season brings.

[la-tsla-fan]

jbs: Great post, written with your eyes wide open!

There is no question that the current housing prices are unsustainable. Prices of other stuff may be in a temporary bubble also; however, those may be sustainable because the feds have pumped up the bank accounts of the poor and middle classes.

When home prices crash they may make 2007-2009 seem like a slight downturn!

The main question is one of timing. It is POSSIBLE to make enough on investments before the crash to weather the crash. Remember 1999 and the first quarter of 2000.

However, rest assured that whatever Biden and company say, the BIG R is coming. I have a strong feeling that it will be moderated until the mid-terms. THEN, all hell will break loose.