Puts in Tesla with the stock at $738, something I usually never do but I can't resist with it up at this level.
Tesla going to be a lot higher than 1200 in my opinion. May take a year or two but it has a Jobsesque appeal written all over it. But I agree that before that happens it will inevitably fall at a point or two
I have a very small position, but still up 56% now in a very short period of time, amazing how fast this thing moves
I will share an investors perspective on owning Tesla. I feel I have a reasonable handle on Tesla from the perspective of technology, strategy, and (to a somewhat lesser extent) business. I don't have much of a clue what the stock price is going to do today, tomorrow, or the day after. My entire strategy is to find a company that I believe in, make sure there is value in buying it, and then holding for ten years. The couple of short term moves I've made on Tesla have been luck and opportunity to move some capital into a more fundamental portion of our portfolio. Tesla is not a primary holding for us. The way it's turned out, I left a lot of money on the table by not sticking to the long term plan. I don't regret those moves but they were far, far less profitable than holding. I have returned to the long term Tesla plan with our Tesla position. I will focus on technology, manufacturing, business, etc. Most of all, I will just hold.
The stock trades up to $800 tomorrow I'll buy a couple of two-week options put contracts. I'll sell out once I get 100% profit.
TSLA passed $810 overnight. Currently at $806. This seems like an epic short opportunity but with Tesla, it's tough to know what a stable price will be. We are going to find out how debt conversion will impact the stock price. Chinese market pullbacks and giga Shanghai shutdown seem to have left Tesla entirely unaffected. That is a head scratcher. Meanwhile, the Chinese stock market has stabilized.
Tesla is still at $885, 15 minutes before the start of trading. I share your view there is probably an epic short in here, somewhere. I have no idea what is going on. I've considered the possibility an ai investor has run the price up. Whatever happens, remember: No one ever lost money betting against Tesla.
Recent pictures confirm the model Y has a cast frame. As I understand it, this will knock 20% out of the GA process. Keep in mind, general assembly is not the entire build. GA is where sub-assemblies are out together to complete the car. Still, this explains why the new GA5 at Fremont is so short. It's clear, the strategy is to increase the complexity of sub-assemblies to improve the efficiency of GA lines. In particular, S/X general assembly has a ton of room for optimization. I would expect a whole new platform for these two vehicles in the next two years. They don't need the platform for S/X production but they need the factory space for 3/Y production. As Tesla tightens their production processes, they are making the barrier of entry into bev production higher. At this point, I wouldn't want to own Toyota stock and I'm extremely skeptical about Ford. I would bet on BMW not making it in 10 years. GM is on the right path. I expect Tesla and gm will be the major american auto manufacturers in 2030.
I'm over 50. I am likely the most boring person you would ever meet. ... And I just followed "Negrostockdamus" on StockTwits because I respect his insight into Tesla. What the.....
Hello everyone, Thank you for all this useful information! I was not excepting that when I subscribed to this forum. It's very nice I also did learn a lot about Tesla shares on this blog, when I began trading. I hope it will be useful to all of you and that I can contribute to this forum and help some traders. Best
Free fall from almost $1000 That run was a little insane, congrats to anybody that managed to squeeze money from it. Now gravity takes over.
Meanwhile, at Giga New York, reports are emerging of a big hiring drive to staff solar roof, supercharger, and battery lines. I didn't know they were doing anything with batteries in New York. Reports indicate a manufacturing ramp to hit large scale manufacturing goals for spring 2020.
So after this wave of hype dies down, where do you see TSLA settling in for a support level? I cant see it holding close to $1000 over the next few months.