Bought TSLA stock today

[OUTLAW]

Yeah, but now in 3 years you can earn 15% on your money guaranteed. Makes stocks like tesla dead.
what they need to do is introduce media that will announce a huge country of India investment that will spur growth.

 

[Ogre]

The problem with buying these huge dips on stocks that are down 50, or 70% is that there are a lot of sellers on the way back up that put pressure on new buying. That limits the ability for s stock to recover.

It’s a push. When the SP is on the rise, shorts want to get out and need to buy shares to cover.

Right now short interest in Tesla is absolutely massive.

When the SP starts to move, momentum will pick up.

Also, while a few people will be dumping shares to break even, lots of anticipation we’re are the bottom of a trough and plenty of people have been sitting on the sidelines waiting for the right moment to get back in.

 

[Quicksilver]

Sold my hoard of aluminum cans.......buying five more shares tonight.

 

[flowerlandfilms]

I purchased 2 at $113 last night.
I'm enjoying being able to afford it again.

 

[Crissa]

So if you look at Bmw, GM and Ford, they all trade around 3 to 4 times forward earnings. Even at these levels, Tesla is trading at 33 times forward earnings, so even here they are getting a huge benefit from being looked at as something else besides a car company.

Do BMW, GM, or Ford have increased earnings over the past five years?

Why do you compare yesterday's earnings to the stock price and not tomorrow's?

-Crissa

 

[HaulingAss]

The stock price is driven by Elon Musk's collapsing personal brand. The stock price can't help but come back in line with comparable car companies.

This comment makes me wonder if you even know what you're talking about when it comes to a company's financials and earning potential. But you can clear up that question by answering a simple question:

Can you name one car company that is remotely comparable to Tesla? If not, simply name the closest comparable car company.

 

[HaulingAss]

Yes, I was reading on social media about some people that are ready to jump off the bandwagon as soon as they can sell with no loss. If a lot of shareholders think like that, it could take longer to recover. But good thing I'm in it for the long haul (at least multiple more years).

You sound like a seasoned investor the way you are attempting to model share price movements based on the stated trading plans of some social media users.

 

[HaulingAss]

Yeah, but now in 3 years you can earn 15% on your money guaranteed. Makes stocks like tesla dead.
what they need to do is introduce media that will announce a huge country of India investment that will spur growth.

Maybe you are unaware that Tesla, the company, not the stock, has been growing, on average, well over 50% per year. Why would I want 4% annual returns? I don't even know if that's going to keep up with inflation. I could lose buying power.

 

[Luke42]

Maybe you are unaware that Tesla, the company, not the stock, has been growing, on average, well over 50% per year. Why would I want 4% annual returns? I don't even know if that's going to keep up with inflation. I could lose buying power.

Tesla-the-business is doing great! They're moving the metal, and changing the world.

TSLA-the-stock is in a bubble, though, and its price is uncorrelated with the value of Tesla-the-business.

As a clueless amateur investor, I cashed out just after a local maximum in 2021 when the stock price was 2.3x what it is today, with a life-changing 10x return. I paid a ton of capital gains in 2022, but that was OK because I gained capital.

I didn't say much about it at the time because I didn't want to fight with people like you about it.

They taught me in B-school that winning an argument can sometimes lose you money. ?‍

 

[HaulingAss]

Tesla-the-business is doing great! They're moving the metal, and changing the world.

TSLA-the-stock is in a bubble, though, and its price is uncorrelated with the value of Tesla-the-business.

Your argument is that Tesla the business is doing great but TSLA the stock should keep going down until it's valued like other comparable auto companies.

But you didn't answer the question, can you name one autocompany that is remotely comparable to Tesla?

I think it's a fair question since you said Tesla should be valued similarly to other comparable auto companies. Which ones are comparable?

And if you only made 10X on your Tsla investment by selling near the top, that implies you paid (roughly) around $575/share before the first split. My other question to you is why you were willing to value it so much higher than any other auto company in terms of price/earnings or other valuation metrics?

Please note: This is not about trying to argue, it's about me trying to make some sense about what you are telling us. Without explaining these discrepencies, your story has gaping holes in it. Can you fill them in so it doesn't look like you are just spouting off about nothing?

 

[Luke42]

Your argument is that Tesla the business is doing great but TSLA the stock should keep going down until it's valued like other comparable auto companies.

But you didn't answer the question, can you name one autocompany that is remotely comparable to Tesla?

I think it's a fair question since you said Tesla should be valued similarly to other comparable auto companies. Which ones are comparable?

And if you only made 10X on your Tsla investment by selling near the top, that implies you paid (roughly) around $575/share before the first split. My other question to you is why you were willing to value it so much higher than any other auto company in terms of price/earnings or other valuation metrics?

Please note: This is not about trying to argue, it's about me trying to make some sense about what you are telling us. Without explaining these discrepencies, your story has gaping holes in it. Can you fill them in so it doesn't look like you are just spouting off about nothing?

I'm using BMW, Ford, and GM as comps - but not blindly.

BMW because their volume and brand position is similar to Tesla at this time.

Ford and GM because I believe Tesla will become one of the American Big 3 when they become a fully mature company.

If the market were pricing TSLA-the-stock accurately, the market cap would be similar to BMW's -- because Tesla-the-business's volume is a little lower, but their growth prospects are a little higher.

But you're going to call me an idiot, a fool, and an amateur for thinking this -- as you have before. But, I sold at about 2.4x today's price, and locked in life-changing profits, so I'll get over it. ?‍

 

[OUTLAW]

It’s a push. When the SP is on the rise, shorts want to get out and need to buy shares to cover.

Right now short interest in Tesla is absolutely massive.

When the SP starts to move, momentum will pick up.

Also, while a few people will be dumping shares to break even, lots of anticipation we’re are the bottom of a trough and plenty of people have been sitting on the sidelines waiting for the right moment to get back in.

get back in for w

Do BMW, GM, or Ford have increased earnings over the past five years?

Why do you compare yesterday's earnings to the stock price and not tomorrow's?

-Crissa

The 33 times are indeed for Forward earnings.

 

[LoneWolfO6]

I'm officially invested in a couple of hundred shares.
Holding till Nov 2049 when I will start my mandatory withdrawals.
The only thing that would change my mind would be if SpaceX goes public. If that happens, I will swap 100% of the portfolio into SpaceX.

You can also buy GOEV (Canoo) for $1.22 a share. If the Canoo inner circle ever stop spending investors money, excessively joyriding the USA, and actually start production you could be a billionaire?!

 

[Ehninger1212]

You can also buy GOEV (Canoo) for $1.22 a share. If the Canoo inner circle ever stop spending investors money, excessively joyriding the USA, and actually start production you could be a billionaire?!

mmm...

......HARD PASS

 

[charliemagpie]

Most people don't know Tesla like we do.

Most people would look at a lowering stock price as a negative, and wouldn't think about risking their money on a fledging business.

Most people would observe the volatility of the stock and figure it's not a stable company, and mostly day traded.

Most people give in.

Today I read 'People have figured out Tesla is just a car company'

If we don't realize, powers who control what we read are pulling strings to create a narrative to lower the TSLA price, we aren't awake.

The fundamentals will create a new price level.. Nevertheless, the FUD will reign at any level, until we kill the head of the snake.