Hi RTN. I haven't mentioned the company. In time, I will probably start talking about it but it will be in another thread, as it has absolutely no relation to Tesla.
I scooped a couple more shares of tsla. Still very sour about my options losses on margin that cost me so many shares fortunately after the run up, but still shares i wanted to hold for a decade. I hope the new peeps on the forum, see my disgust with market timing, when trying to decide how to beat the market fluctuations.
You will be fine. IGNORE the basketball effect and hold tight. The day TSLA folds or loses the majority, the World will be in serious trouble. A lot of people don't understand the move into BTC, it was a well engineered plan. I NEVER use margin, its tempting but can backfire.
You are giving Elon too much credit there. He said he didnt like bitcoin a few months before, at which point he went long. He is just pumping his own positions
We all did cosmo. JAMIE DIMON and tons more got the wakeup call my friend. The BUFFETTS/MUNGERS are dying out, welcome to the modern World. USD will be going digital, sooner than most believe. EV ,AI, FINTECH is the future. Get in and enjoy the ride or get left in the dust, your choice.
@Rustic1 Make no mistake. I never doubted the company. This was basically a forced margin call. Been in since $450 pre split. Im tsla fo liiife!
The White House's $2 trillion infrastructure and employment package, unveiled last week, includes $174 billion to fund electric cars, the proposal's single largest item in the transportation segment. For the next decade, the money will be used to fund the installation of 500,000 electric car chargers. But if the US can pull off electrification of its greatest contributor to #climatechange, it bodes well for decarbonizing the rest of the economy. According to Biden's strategy, the government must set a precedent by purchasing large fleets of electric vehicles. https://www.vox.com/22364340/electric-cars-biden-infrastructure-plan-evs-chargers Companies like TESLA and Ideanomics Inc. (Nasdaq-IDEX) who have a strong US presence will no doubt benefit from the Biden plan.
Buy Tesla Because It Could Be the Next Apple. Here’s How. https://www.barrons.com/articles/buy-tesla-because-it-could-be-the-next-apple-heres-how-51618232801 Tesla Is a 'Must Own' Stock Now, Says Morgan Stanley's Jonas https://news.yahoo.com/tesla-must-own-stock-now-175409321.html Booked profits for the weekly $700C call too soon as always. Holding strong with my LEAPs.
I've posted some dismissive ideas regarding Tesla, lately. Well, here is something more positive about them: If you feel that AAPL is reasonably priced, TSLA is just as profitable per market cap and TSLA is scaling at brake-neck speeds. So, TSLA may be the bargain many continue to claim it to be.
Please keep in mind... - The Apple comparison may not be justified - Apple may not be worth it's market cap - A lot of Tesla's income is not related to operations (ie: carbon credits and Bitcoin)
Tesla has more in the pipeline than most realize. They are not just a car company. They are well established forcing the newer makers to play the catch up game. Battery technology is second to none and improving daily. Alternative energy "solar city" etc. Bitcoin was a brilliant move, most are ignorant to the reasoning behind it. It wouldn't surprise me to see them become a major miner in the crypto field. You could basically consider them a conglomerate in their own sense. AAPL is not to be ignored, again some are ignorant of their vision as well. At some point they will be highly involved in the EV industry also, they will be a serious contender. We are entering the new age generation. AI, AE, EV, is just the beginning.
There is a compensation plan for the CEO... It hasnt been met yet. It willl be met. When its met, tsla will be worth much more than it is today. The goals have not been met. They will be met. Tsla will be worth much more in a couple yrs, than it is today.
