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Tesla Surges Above $500, Leaving Analyst Targets in the Dust

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Re: Tesla Surges Above $500, Leaving Analyst Targets in the Dust

#5
For a while TSLA had an absurd amount of short positions against it, IIRC something like an order of magnitude more than other companies. Perhaps we are seeing a short squeeze? I'd love to see data (and interpretation) on how this has changed.

Re: Tesla Surges Above $500, Leaving Analyst Targets in the Dust

#6

The horror stories about 3 month wait for parts and the videos of water intruding into new vehicles, are keeping me away.

I love Tesla for its effect of pushing the EV industry forward. And I love Tesla early adopters for largely funding and justifying investment in this.

But yeah, every time I daydream about owning a Tesla, I realise that it's my daydream about owning an Apple Newton.

Re: Tesla Surges Above $500, Leaving Analyst Targets in the Dust

#7
How do Tesla owners feel about the quality of their cars? I'm genuinely curious.

This is merely an anecdote, but in my experience it seems like the overall quality of similarly priced automobiles from more traditional luxury carmakers is much higher. The only significant advantage of the Tesla is the fact that it's 100% electric.

Also, this is merely a subjective personal preference, but I just don't like the style of Teslas very much. The lack something, and the style has a cheapness to it.

With that said, TSLA has been helping my portfolio, so I appreciate that.

Re: Tesla Surges Above $500, Leaving Analyst Targets in the Dust

#9

For a while TSLA had an absurd amount of short positions against it, IIRC something like an order of magnitude more than other companies. Perhaps we are seeing a short squeeze? I'd love to see data (and interpretation) on how this has changed.

You can't fight meme magic. Old skool investors don't understand this yet. They see Elon smoking pot and they short. They see him dancing, they short again. They see his bumbling presentation skills and smashed CyberTruck windows, have a laugh and put one more billion against him. And then they open his twitter and you can imagine what they do when they see him posting absolute units of a sheep...

https://fortune.com/2020/01/10/elon-musk-tesla-stock-short-s...

Re: Tesla Surges Above $500, Leaving Analyst Targets in the Dust

#10

The horror stories about 3 month wait for parts and the videos of water intruding into new vehicles, are keeping me away.

so i have an x and when it rains we do sometimes get some water into the back seat when raising the trunk... but to keep this in perspective... the car is like an iphone compared to your flip phone. 2007 was a long time ago so maybe people forget just how impactful that phone was when people first tried it out. That is the exact same experience I have had when first owning and S and now an X. A minor issue like water when raising the trunk on an exceptionally rainy day is just that minor when you compare it to the amazing feeling you get when the over the air update alert hits your phone and you start to wonder whether you'll get the latest update to detect stop signs. Or as I recall in 2014 - an audio up/down control near the passenger seat. Imagine if you were annoyed at the UI in your current car. With all of it's physical buttons that is it. You have no luck unless you buy a different car. In a Tesla if the UI is an issue they'll push an update and you'll have a new car without buying one. Let alone the buying experience of a Tesla vs anything else. Go online swipe your credit card... wait sometime and show up at a Tesla store and drive away with your car or they deliver it to your house. No haggling, no sleazy car salesman just a new car that gives you that feeling of an iphone in 2007 vs the old flip phone.... I am sure i sound like a fan boy... and I know my wife wishes i'd stop talking about it but it's pretty freaking worth it and nice.
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