Tesla Motors

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dualstow
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Tesla Motors

Post by dualstow » Fri Feb 15, 2013 11:27 am

I keep hearing about Testla Motors in the news.

From a Walmart thread:
1NV35T0R (Greg) wrote: That's around where I am. I've got about 4% of my portfolio in Tesla (TSLA) which probably isn't a good idea. But I'll consider one stock as my VP and see where that goes as I build my PP around it.
That was back in May '12. If you've held on, Greg, you must have done very well!
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Re: Tesla Motors

Post by Greg » Wed Feb 20, 2013 8:44 pm

I got to my own rebalancing band on them as part of my VP and sold off half of my portion. That being said, I'm up about 35% still since I originally was purchasing them start a bit more than a year ago when it was around $26 a share.

I still hold 40 shares of it for funzies.

Ultimately, I really like Elon Musk as a business-man, and I'm an idealist for moving towards electric cars so I want them to get bigger not just because I'd make more money but because I believe in their product.

Update: Perhaps I spoke too soon, after earnings went out yesterday the stock tanked. :( Boooo....
Last edited by Anonymous on Thu Feb 21, 2013 9:56 am, edited 1 time in total.
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Re: Tesla Motors

Post by dualstow » Mon Apr 01, 2013 3:50 pm

up 16% today. what do you say, Greg?
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Re: Tesla Motors

Post by Greg » Mon Apr 01, 2013 5:22 pm

dualstow wrote: up 16% today. what do you say, Greg?
:) I am a slightly richer man today (assuming it doesn't tank tomorrow)
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Re: Tesla Motors

Post by smurff » Tue Apr 02, 2013 10:38 pm

Tesla Motors has a dealership office at The Westchester Mall in White Plains, NY.  I was in the mall last week shopping, and noticed it.  Ordinarily I don't care about cars, but after that trip I have a new car to drool over:

http://www.teslamotors.com/roadster
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Re: Tesla Motors

Post by Greg » Wed Apr 03, 2013 5:00 pm

I couldn't afford one of their cars now (other than wiping out all of my taxable accounts) but certainly for someday a dream to own a used one.
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Re: Tesla Motors

Post by Reub » Wed Apr 03, 2013 5:22 pm

They were selling a used one, a 2010 2-seater, at the Tesla showroom in the mall today. It was going for 84 G's.
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Re: Tesla Motors

Post by Greg » Thu Apr 04, 2013 9:22 am

Maybe once it gets down to 40Gs I'll start to look interested.
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Re: Tesla Motors

Post by dualstow » Mon Apr 22, 2013 8:40 am

I walked by a Model S the other day in the parking lot of a hotel. It wasn't that striking-- if the wife hadn't pointed it out, I wouldn't have noticed. But, when I read TESLA on the back, I got pretty excited and took a good look. Can I get a solar charger for one of these? ;-)
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Re: Tesla Motors

Post by melveyr » Mon Apr 22, 2013 12:53 pm

Tesla is highly levered and not profitable. Buying equity in that company is like buying an out of the money call option... Something to keep in mind
everything comes from somewhere and everything goes somewhere
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Re: Tesla Motors

Post by Greg » Mon Apr 29, 2013 5:41 pm

Sold my shares in Tesla today after the large increase lately. Might buy into it again if it drops. Otherwise I'm good.
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Re: Tesla Motors

Post by dualstow » Mon Apr 29, 2013 8:55 pm

1NV35T0R (Greg) wrote: Sold my shares in Tesla today after the large increase lately. Might buy into it again if it drops. Otherwise I'm good.
Smart!
Good news everyone: AOC and Maxine Waters are going to oversee Wall Street.
All should be well from here on in. O0 #stockscreamroom
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