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Posted: Yesterday 8:50:30 AM EST
Down almost 20% and still falling.

Is this the end of a great run?

Will it recover?

Elon Musk influences the market with simple tweets, what will he do to save Tesla stock and Bitcoin?

He has lost 15 Billion since tweeting that he believes Bitcoin and Ethereum are a little high.
Link Posted: Yesterday 8:52:52 AM EST
TLSA down 66 bucks.

Given how EVs are going to be the new thing (like it or not, thanks to legislation) and Tesla is on the cutting edge I always wanted to own some of their stock, but it's also got sticker shock.
Link Posted: Yesterday 8:53:19 AM EST
Originally Posted By Clarinath:
Down almost 20% and still falling.

Is this the end of a great run?

Will it recover?

Elon Musk influences the market with simple tweets, what will he do to save Tesla stock and Bitcoin?

He has lost 15 Billion since tweeting that he believes Bitcoin and Ethereum are a little high.
View Quote


Tesla stock can only be saved by actually generating sales and profits or the expectation of sales and profits that justifies it's price.

Bitcoin is another matter.  Nobody truly knows what fundamentals to measure a cryptocurrency by at this point and probably won't for a matter of years.  Bitcoin will take care of itself or it won't.


Link Posted: Yesterday 8:54:48 AM EST
[Last Edit: Yesterday 9:15:22 AM EST by mr_camera_man]
He's not dumb.  He did it to create a BTC buying opportunity.
Link Posted: Yesterday 8:56:28 AM EST
With all the states and federal EV mandates coming, fuck no, it will only go up.
Link Posted: Yesterday 8:56:47 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By woodsie:


Tesla stock can only be saved by actually generating sales and profits or the expectation of sales and profits that justifies it's price.

Bitcoin is another matter.  Nobody truly knows what fundamentals to measure a cryptocurrency by at this point and probably won't for a matter of years.  Bitcoin will take care of itself or it won't.


View Quote



Things will get sporty when transactions finally start coming from the Satoshi wallet.
Link Posted: Yesterday 8:57:59 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By woodsie:
Tesla stock can only be saved by actually generating sales and profits or the expectation of sales and profits that justifies it's price.
View Quote


This. They either need to sell a car to every person in America, or they need to increase their margins tenfold to justify their share price.

It would take some sort of new product announcement or proof that they can increase profit margins by a large amount in order to keep the price high.
Link Posted: Yesterday 8:58:15 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By testify4:
TLSA down 66 bucks.

Given how EVs are going to be the new thing (like it or not, thanks to legislation) and Tesla is on the cutting edge I always wanted to own some of their stock, but it's also got sticker shock.
View Quote

No, TSLA is down 106 since Monday.
Link Posted: Yesterday 8:58:36 AM EST
Its $714.00 right now. I think they are doing ok.
Link Posted: Yesterday 9:02:06 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By SFENDER:
Its $714.00 $677 in premarket right now. I think they are doing ok.
View Quote

Link Posted: Yesterday 9:02:10 AM EST
The entire NASDAQ took a walloping yesterday, and the futures are down 234 points this morning.

Looking like another very bloody day for techs.
Link Posted: Yesterday 9:03:15 AM EST
[Last Edit: Yesterday 9:04:10 AM EST by woodsie]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By TescoVee:
With all the states and federal EV mandates coming, fuck no, it will only go up.
View Quote


What you just stated doesn't guarantee the stock goes up.

Tesla actually has to sell the cars and generate the earnings to justify their share price.  Their market cap is substantially higher than car companies that sell 20x as many cars as they do.  Tesla couldn't sell that many cars in 2021 even if they had they miraculously had the demand for it.

Tesla also has credible competitors in 2021 unlike in prior years.



Link Posted: Yesterday 9:04:18 AM EST

The fact that E vehicles are the future is entirely irrelevant if the price the stock isn't based on a reasonable estimate of the present value of future income.  A whole shitload of people decided E vehicles are the future, and completely ignored the most basic 100 level rules of valuation.
Link Posted: Yesterday 9:04:20 AM EST
Looking at my portfolio, the entire market has "popped".
Link Posted: Yesterday 9:08:39 AM EST
Tesla's are electric toys for the rich, with new cars over $70,000.

Only rich pussy faggots want them.
Link Posted: Yesterday 9:10:38 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Deepsouth:
Tesla's are electric toys for the rich, with new cars over $70,000.

Only rich pussy faggots want them.
View Quote


Someone find shit in their Cheerios this morning?
Link Posted: Yesterday 9:12:17 AM EST
Their valuation is not justified by any rationale measures, but that is the case with a lot of things in our bubble economy. The Fed has murdered price discovery with cheap money.
Link Posted: Yesterday 9:12:46 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Deepsouth:
Tesla's are electric toys for the rich, with new cars over $70,000.

Only rich pussy faggots want them.
View Quote


To be fair even 100k is pretty cheap for a sports car that eats lambos for breakfast
Link Posted: Yesterday 9:16:48 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By ContrarianIndicator:
Their valuation is not justified by any rationale measures, but that is the case with a lot of things in our bubble economy. The Fed has murdered price discovery with cheap money.
View Quote


Cheap money? It's virtually worthless and fast approaching the status of "Monopoly" money. Hasbro has about as much street cred as the Treasury when they fire up the presses.
Link Posted: Yesterday 9:17:06 AM EST
Lucid is trading today...

CCIV
Link Posted: Yesterday 9:21:00 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Osprey61:
The entire NASDAQ took a walloping yesterday, and the futures are down 234 points this morning.

Looking like another very bloody day for techs.
View Quote


It's a good example of time in the market, and why you want a diversified portfolio. Too many people don't realize that investing is like running a marathon, not a sprint.
Link Posted: Yesterday 9:21:03 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Deepsouth:
Tesla's are electric toys for the rich, with new cars over $70,000.

Only rich pussy faggots want them.
View Quote



You don't know what you get with Tesla.  You don't find a big % of men tougher than I, I'm not rich, and very into women, big boobed women.  Yet, likely to get a tesla truck in about 3 years.  main reason is I'm tired of the constant repairs on the vehicles I have owned in the last 10+ years.   I know 2 people ith Tesla cars and want that kind of reliability and modern tech.
Link Posted: Yesterday 9:22:27 AM EST
Tesla's market cap is almost 2X that of Ford, GM, Fiat Chrysler, Toyota, Honda, and Nissan COMBINED.

Yeah that makes sense.  If you think that in the decade or so all cars sold will be Teslas.

It has a long way to fall.
Link Posted: Yesterday 9:22:34 AM EST
Elon Musk has pissed off other powerful people, including the Biden Administration.  TSLA is going to be left out in the cold in the next cash for clunkers, and Spacex is going to be heavily regulated.
Link Posted: Yesterday 9:25:59 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By TescoVee:
With all the states and federal EV mandates coming, fuck no, it will only go up.
View Quote


Indeed
Link Posted: Yesterday 9:30:25 AM EST
Their bubble hasn't come close to popping. They are massively overvalued.
Link Posted: Yesterday 9:30:28 AM EST
LOL.  the bubble hasn't popped at all.
Link Posted: Yesterday 9:32:38 AM EST
[Last Edit: Yesterday 9:33:29 AM EST by mucknuggle]
never mind. don't argue with six toe sister fucking dumbass rednecks. it only makes them happy.
Link Posted: Yesterday 9:39:58 AM EST
after the 5 to 1 split this summer it was just under $500 then it dropped to about $330 before it started its next run. Back in March last year it was at split adjusted price in the 70s
Link Posted: Yesterday 9:42:21 AM EST
The economics of scale means Tesla will never compete with the large global automakers .
Link Posted: Yesterday 9:43:38 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By SamBram:
Their bubble hasn't come close to popping. They are massively overvalued.
View Quote


This.
Link Posted: Yesterday 9:43:40 AM EST
Originally Posted By Clarinath:
Down almost 20% and still falling.

Is this the end of a great run?

Will it recover?

Elon Musk influences the market with simple tweets, what will he do to save Tesla stock and Bitcoin?

He has lost 15 Billion since tweeting that he believes Bitcoin and Ethereum are a little high.
View Quote


Accumulation and Distribution.
Link Posted: Yesterday 9:43:48 AM EST
If Musk doesn't stack physical silver, he's f*cked.  No silver, no electric cars.
Link Posted: Yesterday 9:44:40 AM EST
The value doesn't have real justification.  Electric cars are the future and the other makers will adapt when there is an actual demand for the cars.  Tesla will need pretty much every other automaker to go out of business to ever profits that justify current price.
Link Posted: Yesterday 9:58:26 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By rollin-tumblin:

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Discussion ForumsJump to Quoted PostQuote History
Originally Posted By rollin-tumblin:
Originally Posted By SFENDER:
Its $714.00 $677 in premarket right now. I think they are doing ok.






Buy, buy, buy. To the moon!
Link Posted: Yesterday 10:02:39 AM EST
It was Texas's fault.  actually he has some good points.

Failed To Load Title
 

But very similar arguments used to be made about petrol vs diesel.

https://www.liveabout.com/diesel-engines-vs-gas-engines-281659
Link Posted: Yesterday 10:05:43 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By ManyFacets:


To be fair even 100k is pretty cheap for a sports car that eats lambos for breakfast
View Quote

ignorance is bliss.
Link Posted: Yesterday 10:10:37 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By 79CJ7:
Tesla's market cap is almost 2X that of Ford, GM, Fiat Chrysler, Toyota, Honda, and Nissan COMBINED.

Yeah that makes sense.  If you think that in the decade or so all cars sold will be Teslas.

It has a long way to fall.
View Quote
This. It's fucking insane how overvalued it is.

Ford alone sold more SUVs in 2020 then Tesla sold total vehicles.
Link Posted: Yesterday 10:10:59 AM EST
A friend of mine from high school is an owner/operator of a tow truck.  He contracts with Coparts doing somewhere between 5 and 10 runs a day.

In our county of 300K people, he says he brings 3-4 Teslas to Coparts a week, totaled from battery fires.

I don't know if he's exaggerating, or spot on.  But, there is probably something going on for him to have even noticed.
Link Posted: Yesterday 10:20:23 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Stokes:
A friend of mine from high school is an owner/operator of a tow truck.  He contracts with Coparts doing somewhere between 5 and 10 runs a day.

In our county of 300K people, he says he brings 3-4 Teslas to Coparts a week, totaled from battery fires.

I don't know if he's exaggerating, or spot on.  But, there is probably something going on for him to have even noticed.
View Quote

I think something was misunderstood with that. I doubt ~10% of his entire business is hauling burnt Teslas. That's hundreds per year, probably more than are being sold in that county.
Link Posted: Yesterday 10:27:11 AM EST
If he doesn't jump on the bagillionaire demorat bandwagon like much of his counterparts in Silicon Valley, then the demorats in power will do everything they can to bring down the stock.  I don't think they will be successful, but they will hurt the stock from time to time.
Link Posted: Yesterday 10:28:26 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Nodak_Cruffler:

I think something was misunderstood with that. I doubt ~10% of his entire business is hauling burnt Teslas. That's hundreds per year, probably more than are being sold in that county.
View Quote View All Quotes
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Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Nodak_Cruffler:
Originally Posted By Stokes:
A friend of mine from high school is an owner/operator of a tow truck.  He contracts with Coparts doing somewhere between 5 and 10 runs a day.

In our county of 300K people, he says he brings 3-4 Teslas to Coparts a week, totaled from battery fires.

I don't know if he's exaggerating, or spot on.  But, there is probably something going on for him to have even noticed.

I think something was misunderstood with that. I doubt ~10% of his entire business is hauling burnt Teslas. That's hundreds per year, probably more than are being sold in that county.


If you don't stop for a moment and run the actual numbers, it sounds a lot scarier
Link Posted: Yesterday 10:28:30 AM EST
I love the thoughts of a Tesla and would own one if I could afford it.

The cost to play is too high. They need a model T and need to sell millions.

Musk is a smart guy but is out of touch on what most Americans can afford or justify purchasing.

The model 3 was supposed to fill this niche but still ended up costing like a MB. Most people want a well appointed $20k car not a $45-50k car.

The model T can be a bit slower to get the range and needs to be a CUV that soccer moms will drive and dads won’t be embarrassed to be seen in. $25-35k and they would jump out the factory.
Link Posted: Yesterday 10:30:30 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Jagrmaister:
Looking at my portfolio, the entire market has "popped".
View Quote


The Bidening
Link Posted: Yesterday 10:31:16 AM EST
Little known (or understood) fact...Tesla is profitable because they sell their overflow regulatory credits to other manufacturers, not cars to consumers.

BTW, at one point Harley made much more money from clothing sales than motorcycles. Probably still do.
Link Posted: Yesterday 10:33:37 AM EST
Originally Posted By Clarinath:
Down almost 20% and still falling.

Is this the end of a great run?

Will it recover?

Elon Musk influences the market with simple tweets, what will he do to save Tesla stock and Bitcoin?

He has lost 15 Billion since tweeting that he believes Bitcoin and Ethereum are a little high.
View Quote
Musk bought 1.5Bil in Bitcoin at 36-37K, it is still in the mid 40's, He has not lost on bitcoin.
Link Posted: Yesterday 10:34:17 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Nodak_Cruffler:

I think something was misunderstood with that. I doubt ~10% of his entire business is hauling burnt Teslas. That's hundreds per year, probably more than are being sold in that county.
View Quote


I'm skeptical of the claim as well, but it's his story, and no reason to tell him he's full of shit.  But, like I said earlier, there is probably a higher than expected rate of Teslas burning for him to notice.
Link Posted: Yesterday 10:35:22 AM EST
[Last Edit: Yesterday 10:36:55 AM EST by popnfresh]
In December it was below $400, it's far too early to call it a pop.

Get back to us with your pop talk when it's at $50.

People who were buying at $950 will probably hit hard now and send it over $1k.

I sold at $455 so the joke's on me.
Link Posted: Yesterday 10:35:41 AM EST
2.2 million EV’s were built in 2020.

It’ll be 20 million by 2025.
Link Posted: Yesterday 10:37:01 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Stokes:
A friend of mine from high school is an owner/operator of a tow truck.  He contracts with Coparts doing somewhere between 5 and 10 runs a day.

In our county of 300K people, he says he brings 3-4 Teslas to Coparts a week, totaled from battery fires.

I don't know if he's exaggerating, or spot on.  But, there is probably something going on for him to have even noticed.
View Quote

I don’t believe you.
Link Posted: Yesterday 10:37:51 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By woodsie:


Tesla stock can only be saved by actually generating sales and profits or the expectation of sales and profits that justifies it's price.

Bitcoin is another matter.  Nobody truly knows what fundamentals to measure a cryptocurrency by at this point and probably won't for a matter of years.  Bitcoin will take care of itself or it won't.


View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By woodsie:
Originally Posted By Clarinath:
Down almost 20% and still falling.

Is this the end of a great run?

Will it recover?

Elon Musk influences the market with simple tweets, what will he do to save Tesla stock and Bitcoin?

He has lost 15 Billion since tweeting that he believes Bitcoin and Ethereum are a little high.


Tesla stock can only be saved by actually generating sales and profits or the expectation of sales and profits that justifies it's price.

Bitcoin is another matter.  Nobody truly knows what fundamentals to measure a cryptocurrency by at this point and probably won't for a matter of years.  Bitcoin will take care of itself or it won't.



What if Bitcoin's value is simply a measure of tyranny?  Talk about a self-defeating situation.
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