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Tesla/Lithium stocks discussion

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    #1352
    Mach 3
    Registered Users Posts: 233 ✭✭Mach 3


    lucky john wrote: »
    $1220 premarket. What's the opposite to "catching a falling knife"

    90,000 deliveries despite covid shut down. On the brink of S&P inclusion.

    Tesla holding the $1000 and the markets havn't crashed... win/win


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    #1353
    lucky john
    Registered Users Posts: 838 ✭✭✭lucky john


    I think TSLA has to be in stock split range at this price. Small investors will find it hard to part with $1400 for 1 share. Musk values the little guy/girl so I think he would be for such a proposal if it came up.


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    #1354
    Timmaay
    Registered Users Posts: 11,394 ✭✭✭✭Timmaay


    I bought afew shares 2wks ago at 980 (after that range looked like good support), hard to know what the hell to do now ha, cash in or just hodl on forever hmm.


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    #1355
    unkel
    Registered Users Posts: 64,886 ✭✭✭✭unkel


    lucky john wrote: »
    $1220 premarket. What's the opposite to "catching a falling knife"

    90,000 deliveries despite covid shut down. On the brink of S&P inclusion.

    And over USD1400 despite the rest of the market having taken a deep dive since COVID-19 hit us

    I really hope those foolish shorters in here have long abandoned their positions and taken their losses. H1 number of car sales in the USA are down on average 30% compared to last year. Every single manufacturer is down, except Tesla, they are up 20%


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    #1356
    Kilboor
    Registered Users Posts: 1,224 ✭✭✭Kilboor


    Worrying stuff for the shorters on here and in other threads who said they'd be shorting Tesla at 350 dollars.


    Bottom line is Tesla is a great ****ing product and people want it. You can't be much more bullish than that.


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    #1357
    fricatus
    Registered Users Posts: 5,081 ✭✭✭fricatus


    Kilboor wrote: »
    Bottom line is Tesla is a great ****ing product and people want it.

    And in a rapidly growing market!

    You can argue all day that they haven't made a full-year profit, or that Musk is an idiot, or whatever, but having by far the best product in a rapidly growing market is a recipe for 10 years of success.


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    #1358
    ELM327
    Registered Users Posts: 21,473 ✭✭✭✭ELM327


    Nearly 1400/share in pre market. Crazy. To think I did better than 2X my initial investments when buying at 350-450 USD and sold at 950. Should have held!


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    #1359
    Sabre Man
    Registered Users Posts: 2,029 ✭✭✭Sabre Man


    lucky john wrote: »
    I think TSLA has to be in stock split range at this price. Small investors will find it hard to part with $1400 for 1 share. Musk values the little guy/girl so I think he would be for such a proposal if it came up.

    Share splitting isn't as common as it used to be. In the US it's apparently quite common to be able to buy partial shares. AMZN is over €3,000 per share!


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    #1360
    ELM327
    Registered Users Posts: 21,473 ✭✭✭✭ELM327


    You can buy partial shares on Revolut too


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    #1361
    Jim2007
    Moderators, Business & Finance Moderators Posts: 10,026 Mod ✭✭✭✭Jim2007


    Sabre Man wrote: »
    Share splitting isn't as common as it used to be. In the US it's apparently quite common to be able to buy partial shares. AMZN is over €3,000 per share!
    ELM327 wrote: »
    You can buy partial shares on Revolut too

    Just go be clear you can't own a partial share... which means that the broker, not you. So if there was a situation like Lehman's for instance you would not enjoy the usual protections.


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    #1362
    pajosjunkbox
    Registered Users Posts: 374 ✭✭pajosjunkbox


    Bought in Feb 2016 when Tesla fell to $150. Sold about half when they doubled in price. Still have the remaining half. I think it could be time to sell . Never thought it would be this good of a run ! It was one of my first forays into investing !!!


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    #1363
    ELM327
    Registered Users Posts: 21,473 ✭✭✭✭ELM327


    It's insane to think I sold with over 2X my investment at 1k (which I thought was the top), and now they are closer to 2k than 1k.
    It's a bubble, people are going to get burned, but there's a bit of movement left looking at today trading! It hit 1,794.99 earlier


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    #1364
    Timmaay
    Registered Users Posts: 11,394 ✭✭✭✭Timmaay


    ELM327 wrote: »
    It's insane to think I sold with over 2X my investment at 1k (which I thought was the top), and now they are closer to 2k than 1k.
    It's a bubble, people are going to get burned, but there's a bit of movement left looking at today trading! It hit 1,794.99 earlier

    I'd say like bitcoin hitting 10k a few weeks ago at the halving this will hit 2k. Gonna set a sell order at 1960 which is 2x for me.


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    #1365
    unkel
    Registered Users Posts: 64,886 ✭✭✭✭unkel


    ELM327 wrote: »
    Nearly 1400/share in pre market. Crazy.

    And here we are, less than 2 weeks after you posted that and now near 1700/share

    During a world wide recession, possibly the biggest we have ever seen


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    #1366
    AmberGold
    Registered Users Posts: 1,284 ✭✭✭AmberGold


    Beats again, fudge but however!


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    #1367
    lucky john
    Registered Users Posts: 838 ✭✭✭lucky john


    AmberGold wrote: »
    Beats again, fudge but however!

    Explain the fudge


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    #1368
    AmberGold
    Registered Users Posts: 1,284 ✭✭✭AmberGold


    lucky john wrote: »
    Explain the fudge

    Regulatory Credits, not increased profits from car sales.
    Revenues the same as when the stock price was $180.00.


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    #1369
    lucky john
    Registered Users Posts: 838 ✭✭✭lucky john


    Credits are legitimate income based on Tesla correctly reading the future and investing billions in the right business. If other automakers
    had done the same and not spent millions..billions.. on engine emission cheats they wouldn't have been responsible for today's 420million
    purchase of carbon credits from Tesla. This is only the start of this revenue stream.


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    #1370
    AmberGold
    Registered Users Posts: 1,284 ✭✭✭AmberGold


    lucky john wrote: »
    Credits are legitimate income based on Tesla correctly reading the future and investing billions in the right business. If other automakers
    had done the same and not spent millions..billions.. on engine emission cheats they wouldn't have been responsible for today's 420million
    purchase of carbon credits from Tesla. This is only the start of this revenue stream.

    Market Cap $340bn
    Profit - government credit $300M


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    #1371
    lucky john
    Registered Users Posts: 838 ✭✭✭lucky john


    "Its seems very expensive up here -
    $35k car make a $35b co?
    2015 Tesla sld 51,095 vehicles
    GM sold ~10m

    Tesla lost $889m
    GM made $8.45b"

    Above is a quote from a poster on this forum in April 2016. Look familiar? You'll find plenty more like that over the years.

    Unfortunately the bears continue to be blind to what is happening with Tesla. They glance at the balance sheet every quarter looking for a few numbers that will justify their stance. It's been a very costly position for them in both missed opportunity and shorting losses. Yet they continue to take the advice of some of the biggest short losers and bear analysts that have been so consistently wrong on Tesla they should have been long fired.

    A balance sheet is the past. The value here is in the future.


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    #1372
    ELM327
    Registered Users Posts: 21,473 ✭✭✭✭ELM327


    AmberGold wrote: »
    Market Cap $340bn
    Profit - government credit $300M
    It's the same as the return on any other investment.


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    #1373
    Jim2007
    Moderators, Business & Finance Moderators Posts: 10,026 Mod ✭✭✭✭Jim2007


    lucky john wrote: »
    "Its seems very expensive up here -
    $35k car make a $35b co?
    2015 Tesla sld 51,095 vehicles
    GM sold ~10m

    Tesla lost $889m
    GM made $8.45b"

    Above is a quote from a poster on this forum in April 2016. Look familiar? You'll find plenty more like that over the years.

    Unfortunately the bears continue to be blind to what is happening with Tesla. They glance at the balance sheet every quarter looking for a few numbers that will justify their stance. It's been a very costly position for them in both missed opportunity and shorting losses. Yet they continue to take the advice of some of the biggest short losers and bear analysts that have been so consistently wrong on Tesla they should have been long fired.

    A balance sheet is the past. The value here is in the future.

    You have no idea if not taking a position in this company is to anyone's detriment on not because you don't what they are invested in nor what their performance is like.

    You are talking about a three year period in much hyped company version an investment horizon of say 30 to 35 years... anyone can have a good few years or happen to pick a good stock... but the real question is can you do it consistently over 35 years or so???

    And the balance sheet is always relevant as you will learn in time. Because when the hype runs it's course, it always comes down to whether or not you have the cash to survive.


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    #1374
    lucky john
    Registered Users Posts: 838 ✭✭✭lucky john


    Jim2007 wrote: »
    You have no idea if not taking a position in this company is to anyone's detriment on not because you don't what they are invested in nor what their performance is like.

    You are talking about a three year period in much hyped company version an investment horizon of say 30 to 35 years... anyone can have a good few years or happen to pick a good stock... but the real question is can you do it consistently over 35 years or so???

    And the balance sheet is always relevant as you will learn in time. Because when the hype runs it's course, it always comes down to whether or not you have the cash to survive.

    The same people have been writing off Tesla for 10 years, not 3 and it's less odds than 50/50 that I'll be here in 35 years to see them continue to be wrong.

    I would also say that very few are consistently right so been a bit right for a few years is something I for one would be quite happy to accept. I would also say that we are now in a time of huge change where many companies that once had a moat can no longer depend on it. Scruffy kids in jeans and trendy runners are coming for them with little more than a laptop. And very few of them will last more than a few year either as the next 20 year old steps up and takes them out. It's all about fast innovation now. The Fed can't keep failed multinationals afloat for ever.


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    #1375
    Jim2007
    Moderators, Business & Finance Moderators Posts: 10,026 Mod ✭✭✭✭Jim2007


    lucky john wrote: »
    I would also say that very few are consistently right so been a bit right for a few years is something I for one would be quite happy to accept.

    And I now that there are actually an awful lot of investors that do product very consistent results over the long term, because my job was providing performance and attribution reports on them.
    lucky john wrote: »
    I would also say that we are now in a time of huge change where many companies that once had a moat can no longer depend on it. Scruffy kids in jeans and trendy runners are coming for them with little more than a laptop. And very few of them will last more than a few year either as the next 20 year old steps up and takes them out. It's all about fast innovation now. The Fed can't keep failed multinationals afloat for ever.

    You are now repeating the same thesis that has been offered up by every new wave since the days of the railways being the new great technology... it usually involves the same idea: a new way of valuation - 'cause the accounts don't truly represent our reality... this time it is of course different... and then reality: you need an actual real business to make money!

    Oh and as for the "Scruffy kids in jeans and trendy runners are coming for them with little more than a laptop.", I spend a lot of my time every week dealing with them - trying to commercialise their ideas. And the big new idea of Fintech, it's called the "client advisor". It's taken a while... but they have finally realised that only a handful of companies can survive in Fintech without fee paying clients.


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    #1376
    KCross
    Registered Users Posts: 12,076 ✭✭✭✭KCross


    This is an interesting article
    https://www.benzinga.com/media/20/07/16755115/why-this-investing-pro-says-tesla-equity-offering-could-be-imminent

    https://twitter.com/garyblack00/status/1286257797483704321?s=20


    Tesla possibly being added to S&P 500 could trigger a large offering allowing it to further finance Giga Berlin and reduce debt.


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    #1377
    Jim2007
    Moderators, Business & Finance Moderators Posts: 10,026 Mod ✭✭✭✭Jim2007


    KCross wrote: »
    This is an interesting article
    https://www.benzinga.com/media/20/07/16755115/why-this-investing-pro-says-tesla-equity-offering-could-be-imminent

    https://twitter.com/garyblack00/status/1286257797483704321?s=20


    Tesla possibly being added to S&P 500 could trigger a large offering allowing it to further finance Giga Berlin and reduce debt.

    And the flip side would see a large dilution in value for shareholders who can't take up the offering....


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    #1378
    AmberGold
    Registered Users Posts: 1,284 ✭✭✭AmberGold


    Jim2007 wrote: »
    And the flip side would see a large dilution in value for shareholders who can't take up the offering....

    Should see a bounce in the stock price as then debt free!


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    #1379
    Jim2007
    Moderators, Business & Finance Moderators Posts: 10,026 Mod ✭✭✭✭Jim2007


    AmberGold wrote: »
    Should see a bounce in the stock price as then debt free!

    If a company doubles the number of shares issued and you do not take up the option, you have effectively halved your ownership in the company....

    The company would need to at least double in size and then some to compensate you for what you have given up... it would take a lot more than a bit of a bounce to make it worth while.


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    #1380
    Timmaay
    Registered Users Posts: 11,394 ✭✭✭✭Timmaay


    Slow bleed off back to 1400$ after all the madness afew weeks ago. Why do I have that stupidly irrational buy the dip feeling with it now lol.


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    #1381
    positron
    Registered Users Posts: 6,283 ✭✭✭positron


    It was $351 just 5 months ago! :D


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