Markets, Student Loans, Electric cars, TSLA

Breakaway - Investing & Finance

Aug 26 2022 • 29 mins


The Markets

Down 13% YtD.

I don’t think we’ll see new highs until 2024. Just gonna bounce around.


The Fed.

Jerome Powell: “Restoring price stability will likely require maintaining a restrictive policy stance for some time,”

Student loan debt relief

The president’s plan cancels $10,000 in federal student-loan debt for borrowers making under $125,000 a year or couples making less than $250,000 a year.

Ultimately, the average cost of tuition has increased more than 144% since 2001 on average, even after accounting for inflation.

  1. It's not “fair”.  Nothing is though!
  2. The bigger issue is it doesn’t fix the underlying issue. Let markets drive supply/demand.
    1. Literature/history major.
    2. Optometrist example.
  • Need to fix underlying issue: University costs are rising faster than cost of living and fueled by college administrators that are incentivized to encourage students to borrow.
  • We should used a market-based approach to student lending. Universities should be on the line. Should approve. Market based. Grades and Major.
  • Some states are going to levy taxes on forgiven debt.


https://lendedu.com/blog/student-loan-debt-by-school-by-state/


Novak Dkokovic


Electricity Prices


Electric Vehicles

  • California Switch to electric vehicles by 2030.
  • Tesla Stock split. 900 to 300.
  • Tesla 10.69.2 set to release in a couple of weeks. “Wide Beta” version.
    • FSD price increased to $15k. Very bullish.
    • Investment grade rating.
    • Record Q3 and Q4 deliveries and profits.
    • Semi release in Q4 and CyberTruck in 2023.
    • Continued ramping of factories and likely announcement of new Giga.
    • Macro-level: Energy prices driving Solar consumption.
  • Tesla Virtual Power Plant program.



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