Gyroscopic Investing

Cool! One drove by me the other day and it was so silent. I wonder what a city with all electric cars would sound like.

I've heard nice things about their cars, BUT...

Their business model does not impress. I have lost confidence in their management, one in particular and would not consider buying on a speculative basis while that individual is still prominently involved with the company's management. They have serious cash flow issues and are apparently having trouble keeping up with the bills. And lastly I think their stock is hugely overpriced. It's been pushed up by a lot of what I like to call "ideologically driven " investing. Tesla has a lot of very cool proprietary technology which is worth serious money. So I don't see the company going broke soon. But they have problems. I'm not really a stock analyst but I did stay at a Holiday Inn Express once a few years ago so...

Barring dramatic changes to my above listed concerns, I'd call Tesla a "Sell" at anything over $100 a share and no better than a "Hold" under that until the pot smoking clown departs the BofD.

I agree wholeheartedly. This is one of those companies that you can love as a consumer, and shun the stock.

Basic research is a money loser. Would you rather people werent throwing money at Tesla, and the R&D were fully funded by taxes?

https://subsidytracker.goodjobsfirst.or ... sla-motors

?

if ever there were a false choice...

Oh, I wish Greg the roboticist were here to give his thoughts on Tesla tanking.
I wonder if he is even still running a pp.

Amazing turnaround. Tesla is nearly $500 per share.
I never would have guessed it! Haven’t owned it for a long time.

dualstow wrote: ↑Thu Jan 09, 2020 7:41 am Amazing turnaround. Tesla is nearly $500 per share.
I never would have guessed it! Haven’t owned it for a long time.

I ended up in TSLA early this month as part of a trading system I have...+15% in a ~ week.

Kbg wrote: ↑Thu Jan 09, 2020 8:37 am

dualstow wrote: ↑Thu Jan 09, 2020 7:41 am Amazing turnaround. Tesla is nearly $500 per share.
I never would have guessed it! Haven’t owned it for a long time.

I ended up in TSLA early this month as part of a trading system I have...+15% in a ~ week.

Nice!

650

+50% since I bought, absolutely insane. I don’t see it ending well. Normally when stocks go vertical like this it is a matter of time to see the reverse happen.

I mean, who thinks they’re really worth more than Volkswagen. What a joke.

Tesla gets subsidies. Does Trump want them losing to China?

boglerdude wrote: ↑Sun Feb 02, 2020 1:18 am Tesla gets subsidies. Does Trump want them losing to China?

Why would any American want an American company to lose to a Chinese one?

In a more general sense, I wish electric car companies all the best. I'm hoping that I currently own my last gas-powered car.

Tesla jumps 19.9%, biggest one-day gain in 6 years...
https://www.cnbc.com/2020/02/03/tesla- ... -time.html

This stock no longer inhabits the same plane of reality that I live in.

People like moonshots. Thus, the value factor

$900

Feels like dotcom stuff. No sane way they are valued here. Hope people have the sense at some point to take profits.

Tesla and Amazon have been talked about for years as great shorts, can't be sustained, etc. But they certainly have sustained long enough to put many shorts in the poor house.

Another reason I will never own an individual stock. Always ends in tears. Falls, and can't sell, or rises and get out too early. Rarely was satisfying.

Can someone explain this to me please? Irrational exuberance? This company by all measures is not worth this valuation.

Looks like a combination of irrational exuberance and a classic short squeeze. Tesla has been one of the more heavily shorted stocks for a while and the recent run up has absolutely murdered the shorts. So there has been a scramble to "cover" their positions before they loose even more money. Which in turn is adding gasoline to the fire. Tesla is one of the most over valued stocks I've seen in a while. I am guessing no one here owns any but if any one does; I'd be pounding the "sell" button with a baseball bat.

Must be more than that, Jon. They were talking about it all morning on CNBC with some old guy saying that it’s going to go up further. It really does seem crazy, this valuation.

At some point, the talking heads were asking, “What if he can actually make the cars?” The word ‘fraud’ is no longer used and some of the initial criticisms have melted away.

I don’t own it, so I want to see it crash as soon as possible. A friend of mine ordered the cybertruck, though.

MangoMan wrote: ↑Tue Feb 04, 2020 4:17 pm I keep telling you guys: Best car ever. Never going back to gasoline.

Ever go on a long enough drive you had to stop at a charging place? How much time did that add to your trip?

A trading system I run put me in TSLA in January and as of tonight up 100% exactly. Sold half Monday. It’s nice to get lucky every once in a while.

Kbg wrote: ↑Wed Feb 05, 2020 6:32 am A trading system I run put me in TSLA in January and as of tonight up 100% exactly. Sold half Monday. It’s nice to get lucky every once in a while.

Well done!

Down 10% this morning (930 EST)

340PM: hear that popping sound?

Thanks, closed my position at the open today. Time will tell if it was a good decision...as the saying goes, better to be lucky than good, and luck it was.