According to Morgan Housel, a financial author, whether an investor is safety-oriented or risk-oriented is mainly shaped by early adult experiences, not by intelligence or education. It depends on where and when a person is born. The region I live in, including my country and the era, greatly influences a person’s economic outlook and ability. If you feel ‘no way,’ you might need to change your location. Even when evaluating others, if you estimate ‘no way,’ you should consider having them leave the place. In the Bible, when someone changes their life, the first thing God does is move them from one place to another. - Joseph’s “just my thoughts”
Tesla earns revenue through car sales, but its real profits come from other sources. Although Hyundai-Kia Motors sells more cars annually than Tesla, it does not have the same profit structure, which is unique to Tesla. Tesla capitalizes on environmental assets by selling carbon credits each year. While the company experiences overall losses in car sales, the sale of these carbon credits results in surplus income, positively affecting its stock price. Traditional automakers contribute to Tesla’s profitability by purchasing cars and paying fines for carbon emissions. This dynamic is also a key reason why Tesla establishes operations in regions with strict pollution regulations. - Joseph’s “just my thoughts”