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TSLA - the next Trillion dollar company?

By Hircus follow Hircus   2020 Aug 27, 9:12pm 786 views   33 comments   watch   nsfw   quote   share    


Anyone think this insane bubble might actually make them hit the 1T mark? lol

https://finance.yahoo.com/quote/TSLA?p=TSLA

Current market cap is 417B, so theyd basically only really need to double 1.5 more times from here, and they've already doubled a few times this yr.

I cant wait to see all the tears on the way back down lol.
1   clambo   ignore (5)   2020 Aug 27, 9:18pm     ↓ dislike (0)   quote   flag      

Tesla is like a game of musical chairs; sometime when the music stops you may be out.
2   BayArea   ignore (1)   2020 Aug 27, 10:43pm     ↓ dislike (0)   quote   flag      

I bought at 190 and sold 900.

I can’t believe what I’m seeing. There will be tears streaming down faces at the end of this
3   MisdemeanorRebel   ignore (3)   2020 Aug 27, 10:55pm     ↓ dislike (0)   quote   flag      

I'd love to get into TSLA as a auxillary way of getting into starship and boring. But way to rich for my blood.

In his defense, Elon has been talking down the stock. Even at 900 he said it was overbrought, if I remember right.
4   anonymous   ignore (null)   2020 Aug 27, 11:50pm     ↓ dislike (0)   quote   flag      

I feel silly buying UNFI.
5   rocketjoe79   ignore (1)   2020 Aug 28, 8:11am     ↓ dislike (0)   quote   flag      

I'm invested. I'm in for the long haul, but I'm not saying I wouldn't sell and get back in stronger after a dip.
6   Patrick   ignore (1)   2020 Aug 28, 8:28am     ↓ dislike (0)   quote   flag      

BayArea says
I bought at 190 and sold 900.

I can’t believe what I’m seeing. There will be tears streaming down faces at the end of this


I bought at 300 and sold at 1000 because I couldn't figure out how it could be worth that much.

Ouch, but then, there was really no way to predict this, and it seems utterly irrational.

I remind myself "You can't lose by winning." It was a great run.

Could be a big short squeeze: https://www.investopedia.com/terms/s/shortsqueeze.asp
7   Patrick   ignore (1)   2020 Aug 28, 8:28am     ↓ dislike (0)   quote   flag      

NoCoupForYou says
Even at 900 he said it was overbrought, if I remember right.



Yes, you remember right. That's one reason I got out at 1000.
8   Booger   ignore (7)   2020 Aug 28, 8:47am     ↓ dislike (0)   quote   flag      

I need to look up how expensive their opinions are, but I bet really expensive.
9   socal2   ignore (1)   2020 Aug 28, 8:59am     ↓ dislike (0)   quote   flag      

rocketjoe79 says
I'm invested. I'm in for the long haul, but I'm not saying I wouldn't sell and get back in stronger after a dip.


Me too. I got in around 700.

Haters are going to hate, but Tesla is going to dominate the automotive industry in the next 10 years. No one else is even close to doing what Tesla has already achieved. The Cybertruck alone is going to be one of the biggest disrupters in the auto industry in 50+ years.

Tesla spends nothing on advertising but have hundreds of thousands of pre-orders for cars that aren't even available yet. They have a massive cult following that are basically evangelists for the brand. What other car company has that much customer excitement?

We have battery investor day coming in a few weeks and Tesla will have 2 new factories (Berlin/Austin) up and running by next year and they continue to innovate and bring down the costs of production.......literally every month.

Whereas the rest of the auto makers are mostly old and sclerotic union shops held hostage to massive pension liabilities.
10   Hircus   ignore (0)   2020 Aug 28, 9:03am     ↓ dislike (0)   quote   flag      

I wonder how much money really needs to pour in the make it hit 1T? Technically, it only really needs to be the price of 1 more share if all current shareholders stopped selling until it was bid up that high, so we don't really need another 600B to pour in - its likely a number much lower. I picture all silicon valley techies buying TSLA on auto purchase each 2 weeks as being a big part of the driving force of this bubble.

I think 1T is a psychological milestone, and is well within reach, and I think were gonna hit it. Or maybe come close, and it crashes into the depths right after it touches 999B or something...

(this made me think - if you worked at a trading brokerage, you could see how many customer sell orders are configured and at what prices, such as at 975B, which would help you identify where price resistance will show up. Probably illegal to trade on that knowledge though. Although I guess open options also tell a similar story.)
11   FuckCCP89   ignore (5)   2020 Aug 28, 9:08am     ↓ dislike (0)   quote   flag      

I've had a small position in it since 2012 or 2013. It's still not life changing kinda money so I'll just keep riding it for shits and giggles.
12   rocketjoe79   ignore (1)   2020 Aug 28, 9:39am     ↓ dislike (0)   quote   flag      

I think the upcoming TSLA S&P 500 listing has already been priced in, as well as potential good news from the upcoming Battery Day on Sep 22. If Battery Day is a blockbuster, look for another bump. If it's "only" the announcement of a million mile battery and a 5% range increase, I think this is somewhat expected. If TSLA goes to $3k before the election, I will sell, and buy the dip -- after the election -- on the slight possibility of a Biden Win. If there is no dip, I've made a bad prediction, but I've already made 3X on my investment. No one ever got fired for taking profits.

Current predictions: -3% to the market if Biden wins, +5% if Trump wins.

People covering shorts has been part of the issue, not sure how many shorts are placed on TSLA right now. Anyone know how to tell?

This is not investment advice.
14   EBGuy   ignore (1)   2020 Aug 28, 4:50pm     ↓ dislike (0)   quote   flag      

I predict Tesla opens in the 400-500 range on Monday.
15   HunterTits   ignore (4)   2020 Aug 28, 6:20pm     ↓ dislike (0)   quote   flag      

Booger says


I bet 99.999% of 'college educated' Millennials don't get the tulip reference.
16   rocketjoe79   ignore (1)   2020 Aug 28, 11:57pm     ↓ dislike (0)   quote   flag      

I get that reference. But, Tulips aren't Technology companies. And the Short Sellers are some of the reason for the TSLA rise. Have to buy more to cover losses!
17   rocketjoe79   ignore (1)   2020 Aug 29, 7:43pm     ↓ dislike (0)   quote   flag      

Tesla has actually reduced the prices of their vehicles. The auto industry figures they are about 6 years behind his tech. Musk wants the EV to take over vehicle sales. ICE vehicles will be interesting token enthusiast heirlooms in the future. When Tesla vehicles can already dominate on the track and the dragstrip, what's left for 1200HP supercars? Especially when they cost +$250K.

The stock is a separate issue. But ask yourself this: has any other post-WW2 Company done this well with ZERO advertising budget? No commercials, no print ads, nothing. Sure, they have a website to facilitate sales, and allow you to explore product features and benefits. You literally cannot buy the product any other way.
18   zzyzzx   ignore (2)   2020 Sep 11, 7:32am     ↓ dislike (1)   quote   flag      

https://www.fxempire.com/forecasts/article/will-tesla-stock-price-crash-668207

Will Tesla Stock Price Crash?

I am a huge Elon Musk fan and believe Tesla will likely become the next Apple or Amazon. However, at its current valuation, a 50%+ collapse in the stock price seems inevitable.

Just today, Tesla surpassed Walmart’s market cap – how is that possible? Walmart has 534.66 billion in sales versus just 25.71 billion for Tesla.

The trend in TSLA is overbought. The MACD and the RSI (14) are diverging negatively, suggesting waning momentum. The stock is behaving like a commodity – not a business. I see the potential for a “buy the rumor sell the news” event after the stock splits. I think prices will correct at least 50%, and that is extremely conservative.


Another way to measure Tesla’s ludicrous valuation is through total revenue – let me explain. Hypothetically speaking, let’s say a company paid 100% of its annual revenue to shareholders as a dividend. Of course, this is not possible, but it helps make my point. In the example below, we will measure how many calendar days it would take to recover your initial investment if each company paid 100% of their profits to shareholders at today’s stock price.

Lastly, the combined market cap of Ford, GM, and Fiat Chrysler (the big three) is 90-billion, and in 2019 they produced 7,470,370 vehicles. Tesla’s market cap is 300% greater than all three (307 billion), and they delivered only 195,000 vehicles – ASTONISHING.
19   clambo   ignore (5)   2020 Sep 11, 8:27am     ↓ dislike (0)   quote   flag      

It’s definitely a bubble.
Buying shares today is like playing musical chairs; when the music stops someone is gonna be fucked.
20   FortWayneAsNancyPelosiHaircut   ignore (4)   2020 Sep 11, 8:35am     ↓ dislike (0)   quote   flag      

TrumpingTits says
Booger says


I bet 99.999% of 'college educated' Millennials don't get the tulip reference.


didn't that reference get really popular during the housing bubble last time?
21   NDrLoR   ignore (1)   2020 Sep 11, 8:44am     ↓ dislike (0)   quote   flag      

zzyzzx says
Will Tesla Stock Price Crash?
Enron
22   EBGuy   ignore (1)   2020 Sep 11, 2:18pm     ↓ dislike (0)   quote   flag      

Elon versus the Shorts....
The shorts will ultimately win -- the only question is will it be one month from now or 10 years from now (or never if the price of oil goes back to $100+)...
23   EBGuy   ignore (1)   2020 Sep 11, 2:40pm     ↓ dislike (0)   quote   flag      

Short Elon, or go long energy...
Since 2009, the weight of energy sector has halved and its currently just a bit more than 6%. The sharp decrease in oil prices has caused big worries for energy companies. In the beginning of 1980, energy was clearly the largest sector, making up 25% of the US stock market.
24   PMack   ignore (0)   2020 Sep 11, 6:22pm     ↓ dislike (0)   quote   flag      

Tesla is a car for suckers, so is their stock but hey, zillions of suckers are born every minute.
10 years of money-losing business a true embodiment of the "Get woke go broke" ( with the likes of Gillette ).
25   Eric Holder   ignore (0)   2020 Sep 11, 7:10pm     ↓ dislike (0)   quote   flag      

PMack says
Tesla is a car for suckers, so is their stock but hey, zillions of suckers are born every minute.
10 years of money-losing business a true embodiment of the "Get woke go broke" ( with the likes of Gillette ).


They don't lose money anymore.
26   PMack   ignore (0)   2020 Sep 12, 12:24pm     ↓ dislike (0)   quote   flag      

Not interested in paper-thin margin companies
27   Hircus   ignore (0)   2020 Sep 12, 12:34pm     ↓ dislike (0)   quote   flag      

looks like it hit a different psychological milestone and reversed - $500 per share

28   Hircus   ignore (0)   2020 Sep 12, 12:38pm     ↓ dislike (0)   quote   flag      

PMack says
10 years of money-losing business a true embodiment of the "Get woke go broke" ( with the likes of Gillette ).


Is tesla woke?

I wouldn't have guessed. Elon seems to occasionally vocally complain about leftist stupidity. Also, Peter Thiel, a right wing tech investor, is his buddy from the paypal days. But I wouldn't be surprised if some of the leftist CA tech employees have influenced company culture and norms.
30   rocketjoe79   ignore (1)   2021 Jan 30, 11:03am     ↓ dislike (0)   quote   flag      

None of these comments reflects Tesla's Energy Biz: The Consumer Vehicle Market is perhaps $90Bn/year. The Energy Market is About $900 Bn a year - and Tesla's Energy market is growing fast. The biggest holdback is Battery production, and he's addressing this with the new battery and way better battery tech going forward. One Commentator said: Paraphrasing: "Musk entering the Energy Market means he's playing with the Big Boys now."

Big boys like Energy Producers, Oil Companies, etc.
31   mell   ignore (6)   2021 Jan 31, 8:49am     ↓ dislike (0)   quote   flag      

Have to disagree on tsla. The shorts took it in the ass for many years now and Musk certainly deserves credit for being a visionary, but I don't think we will see $900 anytime soon again and there may be more drops ahead. Without credits which are expiring soon they are still losing money selling cars and the EV business will become cut throat with little margins. They better have other industries and techs to pick up the slack. I think if you rode it for a while for a big fat profit now would be a good time to sell at least half, even better back then at $900. Plus the market is looking shaky and broken right now with the short squeeze dislocations going on while the majority of stocks have been falling for the past week(s).
32   socal2   ignore (1)   2021 Jan 31, 9:13am     ↓ dislike (0)   quote   flag      

rocketjoe79 says
The biggest holdback is Battery production, and he's addressing this with the new battery and way better battery tech going forward.


I think this is key. I don't believe anyone is close to catching Tesla on battery tech AND production. Tesla is putting all that money to good use and scaling like crazy getting farther and farther ahead of the competition.

I plan on hanging onto my shares for 10+ years.
33   MisdemeanorRebel   ignore (3)   2021 Jan 31, 9:55am     ↓ dislike (0)   quote   flag      

DOJ is investigating Tesla And SpaceX...

... for not hiring ENOUGH Non-Americans.

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