Tesla Stock

[johnhking1 96]

On 5/21/2024 at 1:02 PM, wmw999 said:

Mine on the other hand was a Ford Falcon with slashed seats, rust holes in the floor and roof covered with duct tape, and paint so bad it ran in the rain. Didn't last long, but I only paid $150 for it

Wendy P. 

Mine was a 1962 VW Beetle, paid $175.00.  I bought this car and my airport from the same guy.

[normiss 800]

Used car market ain't what it used to be....

[CygnusX-1 43]

I honestly wonder why Brent hasn't updated this thread praising the performance of Tesla stock for the past 2 months? 

[SkyDekker 1,465]

I think Tesla was supposed to be bankrupt by now according to Brent.

[billvon 2,991]

1 hour ago, CygnusX-1 said:

I honestly wonder why Brent hasn't updated this thread praising the performance of Tesla stock for the past 2 months?

Don't egg him on.  He'll post a video that states "Tesla stock is doing very well" and then claim he was right all along.

[gowlerk 2,192]

59 minutes ago, billvon said:

Don't egg him on.  He'll post a video that states "Tesla stock is doing very well" and then claim he was right all along.

Tesla stock started rising when Musk started talking up the bright future of AI and robots it will be selling sometime "soon". I'm not a believer, he has a history of manipulating stock prices. 

Edited July 4, 2024 by gowlerk

[CygnusX-1 43]

4 hours ago, gowlerk said:

... when Musk started talking up the bright future of AI and robots it will be selling sometime "soon".

Isn't that exactly what a CEO is supposed to do? 

[headoverheels 333]

14 hours ago, CygnusX-1 said:

Isn't that exactly what a CEO is supposed to do? 

Only if it is true.

[gowlerk 2,192]

16 hours ago, CygnusX-1 said:

Isn't that exactly what a CEO is supposed to do? 

Pump up the stock? Didn’t he have a little trouble with the SEC over that?

[billvon 2,991]

On 4/4/2024 at 7:24 AM, brenthutch said:

If you haven’t sold yet it might be time to get out.

As a reminder, Brent said this only 8 months ago when Tesla stock was $180.

It is now $420.

I bought it at $1.87.

If you're looking to make money, you could use BH as a great guide; just invest in whatever he pans.

[nigel99 474]

9 hours ago, billvon said:

As a reminder, Brent said this only 8 months ago when Tesla stock was $180.

It is now $420.

I bought it at $1.87.

If you're looking to make money, you could use BH as a great guide; just invest in whatever he pans.

Out of interest how much of that $420 is buying access to power?

I know you’re a big advocate of renewable energy, and your investment in Tesla sounds like it was long before the insanity, but I can’t stand Musk and on principle will not support his businesses.

[JoeWeber 2,720]

1 hour ago, nigel99 said:

Out of interest how much of that $420 is buying access to power?

I know you’re a big advocate of renewable energy, and your investment in Tesla sounds like it was long before the insanity, but I can’t stand Musk and on principle will not support his businesses.

Bill doesn't fret such things, he just likes playing the fields.

[SethInMI 174]

it is hard to see what the person buying TSLA at $400 is expecting to get company profits and growth that will support that valuation.

Even with Elon cozying up to Trump, the fact remains this is not an EV friendly administration. 

My guess is people are believing what Elon is saying, that ending the tax credits hurts Tesla less than other manufacturers, so in weird logic that will help Tesla gain market share by forcing others out of the market. Also the stigma of EVs will go down, MAGA-nites will start buying Teslas, and those in the middle will buy what they want which will increasingly be Teslas as they become more price advantaged.

One other thing that is likely pushing the stock is the robotaxi and increasing self-driving progress.  GM/Cruise just exited the robotaxi market, and Telsa is going full on into it. The thinking is Telsa likely will be the first automaker in the US with wide Level 3 and this will drive sales.

[billvon 2,991]

15 hours ago, nigel99 said:

Out of interest how much of that $420 is buying access to power?

Like - charging power or political power?  Zero in both cases.

Quote

I know you’re a big advocate of renewable energy, and your investment in Tesla sounds like it was long before the insanity, but I can’t stand Musk and on principle will not support his businesses.

Yeah, I don't support him either, and will be getting rid of that stock over the next few years.  There's too much of it to dump all at once, but there are a few tricks I can use to get rid of some of it.  

And selling after a 224x rise is not the worst financial decision in any case.

[JoeWeber 2,720]

2 hours ago, billvon said:

Like - charging power or political power?  Zero in both cases.

Yeah, I don't support him either, and will be getting rid of that stock over the next few years.  There's too much of it to dump all at once, but there are a few tricks I can use to get rid of some of it.  

And selling after a 224x rise is not the worst financial decision in any case.

You have too much of a $1.3Trillion Dollar company to dump at once? Alrighty then. So would you enjoy your own private airport for your flying and jumping pleasures? 

[billvon 2,991]

1 hour ago, JoeWeber said:

So would you enjoy your own private airport for your flying and jumping pleasures? 

Sure!  Send it on over here if you have an extra one lying around.

[JoeWeber 2,720]

12 minutes ago, billvon said:

Sure!  Send it on over here if you have an extra one lying around.

Well, in fact, I do have one extra at the moment. However we do have a rigorous application process that, for you, can be expedited. Can you sign your name?

Edited December 11, 2024 by JoeWeber

[billvon 2,991]

1 hour ago, JoeWeber said:

Well, in fact, I do have one extra at the moment. However we do have a rigorous application process that, for you, can be expedited. Can you sign your name?

Dang I knew there was a catch.

[nigel99 474]

6 hours ago, billvon said:

Like - charging power or political power?  Zero in both cases.

Yeah, I don't support him either, and will be getting rid of that stock over the next few years.  There's too much of it to dump all at once, but there are a few tricks I can use to get rid of some of it.  

And selling after a 224x rise is not the worst financial decision in any case.

Honestly good on you. I’ve got a lot of admiration for people who make good investments. 

The power question wasn’t meant to be a pun :) I know in your case it’s irrelevant and I haven’t seen the change in stock price, but I wonder how much it is driven politically since he became Elonia.