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Personally I think Tencents has huge possibilities, basically everything you do online in China goes through them in some way. That said, it's hard to bet against Musk, he seems to be an unstoppable genius. His new ideas like creating a new uber using private owners self driving cars could be huge.

If I was a stockpicker I'd probably go for both, but considering I'm probably in the last few years of my working career I'm just going to be safe and go with the index.

Thanks for the votes. I bought Tencents 60% of offshore value and TSLA 30%. 

What does he know about Tesla, he uses technical graphs on the share price...    and he was born in Pretoria 

July 04, 2017, 04:15:00 AM EDT By Robert Guy, Barron's


Tencent (700.HK) shares took a beating on Tuesday afternoon after the People's
Daily newspaper called its popular game Honor of Kings  game "poison".

The sharp criticism of Tencent, which has more than 900 million users of its
WeChat messaging app, raised concerns Beijing could be set to crackdown on the
online games industry, which are a big revenue generator for Tencent.

The game has more than 80 million daily active users, which means one in every
17 Chinese person is playing the game at any time, according to a commentary in
the People's Daily, the Chinese Communist Party's mouthpiece newspaper.

A few tragic examples of overindulgence in the game were listed in the article:
a 13-year-old jumping off a building after being scolded for playing the game,
and a 17 year old who almost died of cerebral infarction after playing non-stop
for 40 hours.

"Don't commit evil,'' the People's Daily wrote in its July 4 commentary. ``As a
company that does good for the world, we will get better rewards in the long run
even if we want to sacrifice some short-term profits.''

Tencent has imposed a one-hour a day limit on the playing of the games by
children younger than 12, while children between 12 and 18 are limited to two
hours a day. Barron's writer Daniel Shane covered the new rules earlier today:
Please read Tencent to Limit Playing Time of Honor of Kings for Children Amid
Addiction Concerns.

Barron's  writer Isabella Zhong wrote in late May about the opportunity for
Tencent and rival NetEase (NTES) to profit from the growing popularity of online
games. China has overtaken the U.S. to become the world's largest online gaming
market and some analysts expect the market to be worth $30 billion by 2018. For
more details please read Tencent vs NetEase: Let the Games Begin.

Tencent shares last traded down 3.6% after falling as much as 5.1%.

(Sounds good, addictive, like smoking).

This is for me 

07/08/2017 | 09:24am BST
Australia Rocks! exclaimed Tesla CEO Elon Musk on Twitter as the entrepreneur revealed details of his firms latest groundbreaking project the installation of a 129 MWh lithium-ion battery in Southern Australia.

The project will see Tesla team with French renewable energy firm Neoen which developed and owns Europes largest solar farm, Cestas to install the facility, which is being supported by the South Australia governments $550 million energy plan.

Musks legion of Twitter followers quickly dug out a tweet sent in March stating that Tesla will pledge to have the system installed and working 100 days from the date of the contract signature, otherwise the energy will be delivered for free. Musk confirmed that he will be standing by this pledge. In California, Tesla completed the installation and commissioning of an 80 MWh battery farm in just 88 days. This project, however, is far larger.

The battery will be installed near Jamestown in the mid-north of South Australia, and will be paired with the Hornsdale windfarm to help stabilize the volume of intermittent renewable power being fed into the grid.

Despite Musks evident confidence on social media, the tycoon was nevertheless slightly cautious when pressed by reporters in Adelaide about the technical challenges facing Tesla and Neoen.

When you make something three times as big, does it still work as well? he mused. We think it will, but there is some risk in that. We are confident in our techniques and the design of the system.

Musk added that he believes the battery will offer a fundamental efficiency improvement for the grid, and that its ability to help flatten demand peaks will serve to bring down electricity bills for consumers.

South Australia state premier Jay Weatherill, who confirmed the deal, remarked that the project is a key part of the governments $550 million energy plan. Im thrilled with the selection of Neoen and Tesla, whose experience and world leadership in energy security and renewables will help South Australia take charge of its energy future, Weatherill said. Battery storage is the future of our national energy market and the eyes of the world will be following our leadership in this space.

The media circus that generally follows any Tesla announcement will, in this instance, be welcomed by locals, many believe. The eyes of the world may have missed the repeated blackouts that have struck the state since September last year blackouts that prompted some in federal government to blame the use of renewables.

However, the Australian Energy Market Operator has confirmed that a cocktail of factors have contributed to South Australias outages, with higher-than-anticipated demand a leading cause for the blackouts.

(c) 2017 MediaQuest Corp.