Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable

[izemize]

I Bought 64 more shares at 190 i now have 166 shares with a average buying price of 268.
I'm 22 years old, and have every dollar to my name invested in tesla now and am holding for at least 10 years.
By 2030 I will be able to get a house or a cardboard box depending how this goes hahaha.
Jokes aside I don't really mind losing it all, as i will finish my computer science degree in three years any way, and you earn what i have spent on Tesla in one year .

I will take the risk that I won't be too popular here with my opinion but... If you want to invest all your money, diversify. Greed and FOMO are never good advisers. You might end up earning a lot of money, but nobody sees into the future and nobody really knows what will happen next. There are a lot of very experienced long time investors here, most of them are very bullish on Tesla. Let's see what they say about your position.

 

[samppa]

I Bought 64 more shares at 190 i now have 166 shares with a average buying price of 268.
I'm 22 years old, and have every dollar to my name invested in tesla now and am holding for at least 10 years.
By 2030 I will be able to get a house or a cardboard box depending how this goes hahaha.
Jokes aside I don't really mind losing it all, as i will finish my computer science degree in three years any way, and you earn what i have spent on Tesla in one year .

Good plan!
I've also been really tempted to sell everything else I have (some etfs and stock) and go all in on TSLA.. but haven't yet been able to make myself do it. Currently about 50% of my portfolio is TSLA, wont need the money for 10 years or longer.

 

[SPadival]

Couple of articles:

Complimentary article on The Hill, of all places. AOC, please read this

Tesla's advantage? 'It's the software, stupid.'

H/t Spiegel's Mom on Twitter

And If Audi's first entry in the electronic vehicle market is any indication, Tesla needn't worry. As an owner of both an Audi and a Tesla, I've been eagerly awaiting the arrival of a Tesla competitor, and I was excited to take the Audi electric for a test drive.

My excitement was short-lived. It's a flop; a lemon. Calling it a 21st-century Edsel is not an overstatement. The car drives okay, and although it has a much more limited range than a Tesla, it is - as advertised - a functioning electric automobile.

Our @ZachShahan has published a magnum opus of dum dum short tweets:

Tesla Short Sellers Have A Horrible Record On Tesla Production & Sales — Truly Funny Tweets

 

[BioSehnsucht]

Ferrari IS NOT PART OF VW GROUP.

Lamborghini is part of VW Group.

Ferrari was part of FCA but was spun off into its own independent company 3.5 years ago.

Ferrari still sells V8 engines to FCA for Maserati but that will end soon.

Oops, I misremembered - then my comments can apply to Lambo instead. What's funny is I double checked by googling "ferrari vw" and the first hit is an article from 2017 saying they were bought by VW, but I didn't actually click through, and it's an April 1st article

 

[aagosh]

Daily Affirmation #1 | Elon's business philosophy in a nutshell:

• When you follow your dream, others can too
• Don’t make excuses; make progress
• Just because you're struggling doesn't mean you're failing
• Don’t stop when you’re tired; stop when you’re done
• Work hard in silence; then launch your Roadster

Cheers!

Beautiful - I need to frame this.

 

[StealthP3D]

I can very well vouch for it. My investment manager at UBS advised me to not touch Tesla and cited various reports that shows there is no future. Luckily I went against it ;-)

My stockbroker at a big NY brokerage kept trying to talk me out of Qualcomm so I fired him and opened up an on-line brokerage account and made QCOM my biggest holding (by far) right before it went up over 2600% in 1999, the best performing stock of the best performing year of the NASDAQ. It split 2:1 and 4:1 that year so I ended up with 8 shares (plus some spin-off shares) for every share I started with. I didn't sell a single share until the last trading day of the year (the exact top) and I sold the remaining shares the first three months of 2000. My broker's recommendation to get out of QCOM was based on telecom analysts reports which said their CDMA technology was crap, that the networks would crash under load. It was made up BS to pump Motorola, Ericsson and Nokia who supported their own older, inferior competing technology. Never believe an analyst when you know better!

If I recall correctly, I started buying it when it was around $47-49/share. Right when I thought it should be starting to take off the FUD came on fast and furious. I had never seen so much FUD in my life (I see a lot of parallels with the TSLA FUD). The price went all the way down to around $32 (IIRC) so I did the natural thing, I bought more, a lot more, since we had just sold our house. I broke every rule of sensible diversification 101 (except for "thou shalt not buy on margin"). When it took off it was unbelievably awesome, like igniting a Falcon Heavy. One minute it's sitting there peacefully, maybe a few wisps of vapor swirling around, the next, all hell has broken loose and it's rocketing towards the sky. Of course, it had some gut-wrenching corrections but they were very short and sweet as it continued to rocket higher. Family and friends were baffled that I wasn't taking any chips off the table that summer. As fall came around I knew it was becoming over-valued. But I also knew we were in the biggest tech boom I had ever seen. I decided to continue holding it because it had gone from the biggest dog to the darling that everyone wanted. There was no more FUD. Common wisdom on the street was no portfolio was complete without QCOM. Now all the analysts loved it. I knew it was mania but I decided to let it ride until I thought the roller coaster had reached the top of the track.

TSLA has a lot of potential but it will be more of a grind with many risks along the way. And the ugly monsters who want them to crash and burn are everywhere. Yes, do your research but don't let the "analysts" make you doubt the results of your work. They do not publish the product of their work for all to see for free for your benefit.

 

[Artful Dodger]

OT -- P. Admin:

...paging @snotty

We're over HERE!

CH33RS!

 

[Tslynk67]

I also think Ferrari would lose it's halo after roadster 2, just look at Swiss watch sales. Heck we don't even have a great smart watch yet! Apple watch is only ok.

Difficult one to judge - I think Ferrari is a status symbol, like a Rolls Royce and Bentley used to be, but now are considered rather vulgar. That being said, a Tesla is also a status symbol, but one for all of us virtue-signalling, snowflake liberals.

 

[sunny-value]

I will take the risk that I won't be too popular here with my opinion but... If you want to invest all your money, diversify. Greed and FOMO are never good advisers. You might end up earning a lot of money, but nobody sees into the future and nobody really knows what will happen next. There are a lot of very experienced long time investors here, most of them are very bullish on Tesla. Let's see what they say about your position.

For a 22-year old everything is fine. You can drink all night and go to take an exam in the morning; you can put all your money into a single stock because 99% of your money is yet to be earned. This is exactly the right age to take really big, almost stupid risks that have huge potential upside. Either you'll make a lot of money or get an education worth more than what you lost. And I think you greatly underestimate the earnings potential of a CS degree.

 

[Tslynk67]

View attachment 416488

Lookin’ pretty relaxed. New EM Twitter icon.

How does he drink the coffee with the space-suit on? How can it be that the coffee is hot enough to have steam coming off it?

Bad science Elon!!

 

[Artful Dodger]

*Valid until any roadwork cone gets moved 50m 50cm

FTFY.

 

[Tslynk67]

Couple of articles:

Complimentary article on The Hill, of all places. AOC, please read this

Tesla's advantage? 'It's the software, stupid.'

H/t Spiegel's Mom on Twitter

And If Audi's first entry in the electronic vehicle market is any indication, Tesla needn't worry. As an owner of both an Audi and a Tesla, I've been eagerly awaiting the arrival of a Tesla competitor, and I was excited to take the Audi electric for a test drive.

My excitement was short-lived. It's a flop; a lemon. Calling it a 21st-century Edsel is not an overstatement. The car drives okay, and although it has a much more limited range than a Tesla, it is - as advertised - a functioning electric automobile.

Our @ZachShahan has published a magnum opus of dum dum short tweets:

Tesla Short Sellers Have A Horrible Record On Tesla Production & Sales — Truly Funny Tweets

Spiegel's Mom on Twitter

 

[LN1_Casey]

How does he drink the coffee with the space-suit on? How can it be that the coffee is hot enough to have steam coming off it?

Bad science Elon!!

I don't know which situation is more concerning; that, A) an actual person in the suit that Overlord Musk launched to Mars, or B) That his space suits has become sentient.

 

[LN1_Casey]

FTFY.

LEAVES ON THE LINE.

 

[SteveG3]

Perhaps the best way to help someone influenced by FUD recognize how nakedly aggressive yet backwards it so frequently is,

share how the FUD looks in hindsight,

Tesla Short Sellers Have A Horrible Record On Tesla Production & Sales — Truly Funny Tweets | CleanTechnica

I don’t simply suggest this rhetorically... sharing this very very revealing compilation widely could help. Towards the end are examples of the NY Times and Business Insider yelling FUD.

 

[bhtooefr]

Visible is the sentence “Don’t Panic”

It's Musk's Roadster, with Starman.

 

[Tslynk67]

It's Musk's Roadster, with Starman.

How could it have landed on Mars? Needs the Space X cold-thruster package...

LEAVES ON THE LINE.

Wrong type of snow!

 

[Prunesquallor]

overall this is a cool post, but i will quibble with this one point in certain instances -- as a software engineer, i sometimes get "in the zone" and start coding for 15 hours straight. and sometimes when i'm convinced i'm at my most productive, i run into a problem that frustrates me for an inordinate amount of time. then i go to bed, wake up in the morning, and solve the problem in 5 minutes. (or go to bed in the morning, and wake up in the early afternoon, to be honest... but you get the point)

anyway, i guess i'm saying it's ok to stop when you're not done yet, if it's to get some much-needed rest.

Back when I was coding, I’d solve the problem in my sleep!

 

[anthonyj]

I don't play with margins but people like Rob from Tesla Daily got margin called.

No short seller put a Molotov cocktail to Rob’s Tesla and said “use margin or the Tesla fries”

Looking through some of dads old papers, I’ve seen Disney’s value get cut in half in short time. Yes I’ve accounted for the split. But Disney! A much more stable and mature company than Tesla, that paid dividend yet the stock still got hammered? Just be careful when walking into Wall Street’s Casino, never bet the house. Maybe bet your dog or spouse on TSLA but loans are a no no

 

[InDaClub]

OT but this is my public service announcement (I never got the memo). TMC needs to make this a sticky.

I can't believe Twitter is still allowing scam artists to commit fraud in Elon's name. It's a very clever and seemingly successful scam. Tell your family and friends that Elon is not giving away Ethereum.

For the love of god stop sending 'Elon Musk' your Ethereum. It's a scam.

Fake 'Elon Musk' scams Twitter users out of cryptocurrency