No it isn't back to where it was, it is still at the all time high. The drop was after hours. After hours trades are notoriously wrong due to the small number of shares traded.
The drop was after hours. At the close of the market FB hit an all time high with a market cap of over $618 billion. Definitely a good time to buy, just like Tesla is a good buy based on yesterdays dip.
That isn't investment. That is gambling. You just got lucky. Presumably you still hold the stock so you haven't "made" anything. There was no dividend paid, no stock buyback, nothing.
Yep. I want to be Elon Musk. Sorry I didn't realize I triggered you snowflake. You seem quite focused on what I am doing though. I guess you want to be me.
I'm not impressed by money either. I think Musk is a jerk and a conman who has convinced a lot of tech guys that he is taking them to Mars and away from the common folk. That is really the root of the fanboyism, along with his willingness to produce tech toys like Tesla. It is ridiculous. Instead of wishing to flee Earth they should focus on fixing it.
I don't get it. Why would you (a presumably average income person) "invest" in Tesla? I truly don't understand it. Is it because you think you are going to make a lot of money off of it? It is already at a skyhigh valuation and carries extreme risk. The risk to reward ratio is very very high. There are much better valued stocks out there. Do you think you are investing in a company that is making the world "better"? If so, why not give the money to Greenpeace? Or invest in a mutual fund that has a basket of "green" stocks? It doesn't make any sense to buy Tesla stock, especially for an individual. The only logical ones are the "shorts" at this point, because they can make a lot of money if the stock falls. In exchange they are taking a huge risk, because the stock may not fall at all. In summary, I don't understand why an individual would invest in Tesla.
Fanboys will defend Musk until the bitter end. He is going to take them to Mars you know. Away from all the common folk here on Earth. Hero worship. Disgusting really. Meanwhile there are people actually changing the world in a positive way, but ignored because they aren't egomaniac billioniares.
No, I never said that. I said your talking points were word for word from the Tesla press release. Why say "less than 10"? It is 9? Is it 8? Is it 1? But since you asked: yes I think Tesla is lying about their production numbers. I also think they are rushing production. Many companies do this in order to keep their stock valuation. I also think all this will come out in court when the shareholder lawsuit starts. In addition there is a whisteblower who also makes some claims. I know, you don't belive any of these people: you believe Tesla. But you shouldn't. Tesla is not your friend and Musk is not your savior. He is just an egomaniac rich dude who has figured out how to make lots of money. He isn't saving the planet producing cars for the 1% or installing overpriced solar arrays or shooting military satellites into LEO.
What? That isn't what a troll is. A troll is a personally intentionally trying to get an emotional reaction by posting something. It has nothing to do with "not disclosing business interests". Good lord.
It is the same idea. People get emotionally attached to companies. I don't get it. Neither Apple or Tesla are "green" in any way, unless you consider "green" to be money. I guess they are attracted to the "exclusive" image.
OK when is this going to happen? Other manufacturers are making affordable EVs RIGHT NOW. Tesla has been around for 15 years. Still no affordable EV. Just rich people toys. You guys think that Tesla invented the EV. It didn't. It still hasn't made an affordable EV, and chances are it never will. If you want affordable EVs, Tesla isn't where you should be putting your money!
How can the shorts be "running scared"? The stock is down 12% over the last 12 months in a strongly up market. The short interest has INCREASED over that period (meaning more shorts). By the way, analysts aren't making decisions on blog posts made on the Internet! The analyst gave his real reasons for the downgrade: "His new rating is based on his expectation that Model S and Model X sales will slow given competitive pressures, the expiration of tax credits, and potential cannibalization from the Model 3. He believes that more people are cancelling their Model 3 reservations than in the past". These are all rational reasons. You fanboys are irrational.
How is this "insightful"? I have been in a few Teslas. They are nice cars. What does that have to do with shorting a stock? You short a stock if you think the valuation is too high. That is the only reason. It doesn't mean you don't "like" Tesla, or "like" their products. That is immaterial. I don't short Tesla because of irrational people like you. Logically this stock should be in the single digits.
The main question is: why did you buy at $263? It makes no sense. Even if Tesla made millions of cars at 25% margin it wouldn't justify the multiple you are paying. The problem I have with Tesla is that it is a *niche* producer of cars for the 1%. It isn't helping the environment. It isn't mass producing cars to replace ICE. It is a company producing cars for rich tech guys. There are other EV makers out there that are actually producing low cost EVs. Did you ever consider buying stock in those companies? Buying stock in Tesla is just gambling at this point. It isn't even a good gamble. You can pretend to know what Tesla is doing, but you really don't know. You don't know what their margins are ("teardowns" are a joke). You don't even know their production rate. You can't trust what a company says. If you want to invest in a company because you really believe that EVs are the future, then invest in a basket of stocks. But you "invest" because you are a Musk fanboy. I get it, there are tons of them, but it doesn't make for a sound investment.
No laptop vendor thinks it is a better idea to put in a throttled processor. Faster processors cost more money. The fact is that vendors are sacrificing performance for aesthetics.
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No, he is enjoying all those sweet Tesla dividend payments.
This is a bummer. My entire portfolio is Facebook, Netflix and Tesla. Let me go check to see how they are doing...
Cmon. Canada. I know you are Canadian, but cmon. Canada? University of Alberta?
University of Alberta? This seems um.....unlikely.
There is no AI. This is just algorithms/computer programs. They don't always work. It isn't magic.
No it isn't back to where it was, it is still at the all time high. The drop was after hours. After hours trades are notoriously wrong due to the small number of shares traded.
The drop was after hours. At the close of the market FB hit an all time high with a market cap of over $618 billion. Definitely a good time to buy, just like Tesla is a good buy based on yesterdays dip.
But you wear a different colored badge.
That isn't investment. That is gambling. You just got lucky. Presumably you still hold the stock so you haven't "made" anything. There was no dividend paid, no stock buyback, nothing.
Yep. I want to be Elon Musk. Sorry I didn't realize I triggered you snowflake. You seem quite focused on what I am doing though. I guess you want to be me.
A whole 24 people? That should solve the problem.
I'm not impressed by money either. I think Musk is a jerk and a conman who has convinced a lot of tech guys that he is taking them to Mars and away from the common folk. That is really the root of the fanboyism, along with his willingness to produce tech toys like Tesla. It is ridiculous. Instead of wishing to flee Earth they should focus on fixing it.
I don't get it. Why would you (a presumably average income person) "invest" in Tesla? I truly don't understand it. Is it because you think you are going to make a lot of money off of it? It is already at a skyhigh valuation and carries extreme risk. The risk to reward ratio is very very high. There are much better valued stocks out there. Do you think you are investing in a company that is making the world "better"? If so, why not give the money to Greenpeace? Or invest in a mutual fund that has a basket of "green" stocks? It doesn't make any sense to buy Tesla stock, especially for an individual. The only logical ones are the "shorts" at this point, because they can make a lot of money if the stock falls. In exchange they are taking a huge risk, because the stock may not fall at all. In summary, I don't understand why an individual would invest in Tesla.
Fanboys will defend Musk until the bitter end. He is going to take them to Mars you know. Away from all the common folk here on Earth. Hero worship. Disgusting really. Meanwhile there are people actually changing the world in a positive way, but ignored because they aren't egomaniac billioniares.
No, I never said that. I said your talking points were word for word from the Tesla press release. Why say "less than 10"? It is 9? Is it 8? Is it 1? But since you asked: yes I think Tesla is lying about their production numbers. I also think they are rushing production. Many companies do this in order to keep their stock valuation. I also think all this will come out in court when the shareholder lawsuit starts. In addition there is a whisteblower who also makes some claims. I know, you don't belive any of these people: you believe Tesla. But you shouldn't. Tesla is not your friend and Musk is not your savior. He is just an egomaniac rich dude who has figured out how to make lots of money. He isn't saving the planet producing cars for the 1% or installing overpriced solar arrays or shooting military satellites into LEO.
What? That isn't what a troll is. A troll is a personally intentionally trying to get an emotional reaction by posting something. It has nothing to do with "not disclosing business interests". Good lord.
"Fewer by 10" is straight from the Tesla press release. Amazing. In fact all the talking points are straight from Tesla.
It is the same idea. People get emotionally attached to companies. I don't get it. Neither Apple or Tesla are "green" in any way, unless you consider "green" to be money. I guess they are attracted to the "exclusive" image.
OK when is this going to happen? Other manufacturers are making affordable EVs RIGHT NOW. Tesla has been around for 15 years. Still no affordable EV. Just rich people toys. You guys think that Tesla invented the EV. It didn't. It still hasn't made an affordable EV, and chances are it never will. If you want affordable EVs, Tesla isn't where you should be putting your money!
How can the shorts be "running scared"? The stock is down 12% over the last 12 months in a strongly up market. The short interest has INCREASED over that period (meaning more shorts). By the way, analysts aren't making decisions on blog posts made on the Internet! The analyst gave his real reasons for the downgrade: "His new rating is based on his expectation that Model S and Model X sales will slow given competitive pressures, the expiration of tax credits, and potential cannibalization from the Model 3. He believes that more people are cancelling their Model 3 reservations than in the past". These are all rational reasons. You fanboys are irrational.
How is this "insightful"? I have been in a few Teslas. They are nice cars. What does that have to do with shorting a stock? You short a stock if you think the valuation is too high. That is the only reason. It doesn't mean you don't "like" Tesla, or "like" their products. That is immaterial. I don't short Tesla because of irrational people like you. Logically this stock should be in the single digits.
The main question is: why did you buy at $263? It makes no sense. Even if Tesla made millions of cars at 25% margin it wouldn't justify the multiple you are paying. The problem I have with Tesla is that it is a *niche* producer of cars for the 1%. It isn't helping the environment. It isn't mass producing cars to replace ICE. It is a company producing cars for rich tech guys. There are other EV makers out there that are actually producing low cost EVs. Did you ever consider buying stock in those companies? Buying stock in Tesla is just gambling at this point. It isn't even a good gamble. You can pretend to know what Tesla is doing, but you really don't know. You don't know what their margins are ("teardowns" are a joke). You don't even know their production rate. You can't trust what a company says. If you want to invest in a company because you really believe that EVs are the future, then invest in a basket of stocks. But you "invest" because you are a Musk fanboy. I get it, there are tons of them, but it doesn't make for a sound investment.
...now with twice as many drivers as before! Progress.
No laptop vendor thinks it is a better idea to put in a throttled processor. Faster processors cost more money. The fact is that vendors are sacrificing performance for aesthetics.
No you don't. If you did, you would understand that open source libraries are used everywhere.