Going by its P/E, its still overpriced compared to every other car manufacture, but its getting back down to a rational level. Its only 6x Ford and GM and about 4x Toyota.
Tesla stock falls again, toward longest losing streak in more than 4 years
301–310 of 387 posts
Re: Tesla stock falls again, toward longest losing streak in more than 4 years
#302I’ve been short since $300. I predicted $100 but now I think it could hit $68. We shall see!
If you're currently making $200 a share, why would you risk your $200 profits to chase another $30 to $40 bucks/share? I say, just take your win and go home. Close out your short and buy yourself a nice dinner. You deserve it. EDIT: Maybe hold onto a few shorts for fun. But if you're already winning this hard, you really should just take profits. Its not like you can get much more profits out of this.
Re: Tesla stock falls again, toward longest losing streak in more than 4 years
#303Earlier quoted context omitted.
Someone who's dependant on us goverment contracts defense/nasa really shouldn't be interacting with high ranking russian officals.. even if it's for the lulz espcially since the us has sanctions targeted at medvedev by name, it's no joke
To be fair that's one of the good(?) parts of Twitter. I'm not sure if he's personally sanctioned but the former president of Iran also strangely likes trolling American politicians and commenting on sports. Sometimes gets replies from their social media interns. https://twitter.com/Ahmadinejad1956/status/10372992643161661... https://twitter.com/Ahmadinejad1956/status/10521783680729456... Actually I'm surprised Irani…
Re: Tesla stock falls again, toward longest losing streak in more than 4 years
#304Re: Tesla stock falls again, toward longest losing streak in more than 4 years
#305Short term we may see the price drop a lot, but long term it's never a great idea to bet against Elon Musk
Re: Tesla stock falls again, toward longest losing streak in more than 4 years
#306I’ve been short since $300. I predicted $100 but now I think it could hit $68. We shall see!
If you're currently making $200 a share, why would you risk your $200 profits to chase another $30 to $40 bucks/share? I say, just take your win and go home. Close out your short and buy yourself a nice dinner. You deserve it. EDIT: Maybe hold onto a few shorts for fun. But if you're already winning this hard, you really should just take profits. Its not like you can get much more profits out of this.
Re: Tesla stock falls again, toward longest losing streak in more than 4 years
#307Earlier quoted context omitted.
I always used to laugh when people would bring up battery tech and solar when talking about TSLA's absurd valuation, but I think it's starting to become more relevant as it approaches a more realistic market cap. It's still too high though.
Yeah, if it was 2x or 3x Ford, I'd consider it a stronger buy. I think the real test will not be its P/E, but how the other big car companies debut their EV and driver-assist (or driverless) tech. It just feels like Tesla is still the market leader in that tech. If someone else beats them at that game, it would not be good for their stock price. But, conversely, if they stay on top, maybe that high valuation will sti…
Re: Tesla stock falls again, toward longest losing streak in more than 4 years
#308Re: Tesla stock falls again, toward longest losing streak in more than 4 years
#309It's time to fire the CEO. Musk is like the Manager who brought a club from 3rd division to the Premier League, but he was paid spectacularly and the club doesn't owe him nothing more than a fair handshake and a great send-off with a guaranteed spot in the club HOF. It's time to thank him and bring in an adult who can guarantee a top-4 Champions League spot consistently season after season, otherwise the club will fo…
But then Eddie Howe moved to Newcastle and is on track to get them into the coveted Champions League spots... Is that a risk you wish to take?
Re: Tesla stock falls again, toward longest losing streak in more than 4 years
#310I’ve been short since $300. I predicted $100 but now I think it could hit $68. We shall see!
If you're currently making $200 a share, why would you risk your $200 profits to chase another $30 to $40 bucks/share? I say, just take your win and go home. Close out your short and buy yourself a nice dinner. You deserve it. EDIT: Maybe hold onto a few shorts for fun. But if you're already winning this hard, you really should just take profits. Its not like you can get much more profits out of this.
If you have reason to invest on the thesis that the stock will go down to $68 from $109, being short from $105, $150, or $300 is all the same at this point.