311–320 of 387 posts
Musk confronted Bill Gates for shorting Tesla [1] then proceeded to sell tons of TSLA himself. What a hypocrite! He is still selling TSLA, most recent sale was 12 days ago for $3.6 billion. [1] https://www.cnbc.com/2022/04/23/elon-musk-tweets-that-he-con...
Scary
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Elon doesn't exactly tweet like a rational logical being at the moment. It seemed to me he was praising the tweet because it mentioned him and said he was going to be president of the US (or something like that) so he thought it was cool. Then he just snuck back in and denounced it later when he remembered he has a security clearance. He's already taken calls with Putin and randomly decided to announce Ukraine should…
It all feels very Trumpian; once he’s outside his comfort zone (very visible with the software engineering and politics in particular, in Musk’s case) he tends to just take his lead from whoever flatters him most, and promote/repeat this complete nonsense. This is actually quite odd behaviour. Most high-profile people, confronted with something they don’t understand, will keep quiet; looking stupid is too much of a r…
Short term we may see the price drop a lot, but long term it's never a great idea to bet against Elon Musk
It'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…
I’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.
We'll see what the 4th Quarter holds but it's still possible that EPS will grow and the price will still tank as it becomes clear that the market becomes saturated with Elon's big ego.
Even $68 is would mean a P/E of around 20 which is still ~3 times higher than Ford's.
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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…
Uh, they already have debuted, and not even this year
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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…
They should have brought out another lower cost, smaller car by now. Why haven't they built a commercial van? Why is there no family MPV? The investment in FSD is ultimately a distraction that wastes resources and slows growth.
One day FSD will be a reality, but that shouldn't be their primary goal.
after tesla deflates, who s next
Earlier quoted context omitted.
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.
P/E is still 33 as we head into a recession, and Musk continues to anger the traditional customer base that cares about environmental issues. He might make up with Maga republicans, but many of them want a Ford Pickup. We'll see what the 4th Quarter holds but it's still possible that EPS will grow and the price will still tank as it becomes clear that the market becomes saturated with Elon's big ego. Even $68 is woul…