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Profitable Q3. No need to thank me ;)

Jason71

Active Member
May 8, 2019
3,074
3,079
Shropshire
That'll piss off the short sellers and FUDsters. I don't think I saw a single estimate of profit. No wonder the shares are up.

Saw a great story today about how sales in Norway are down like 97% or something.
The story was comparing the first month volume M3 deliveries started in Norway to this month where, as we all know, Tesla don't ship any vehicles to Europe at the end of the quarter so the next month nothing gets delivered i.e.totally meaningless. Funnily enough the author was short on TSLA!.
I mean there are some genuine reasonable arguments out there as to why Tesla's business model might not pan out but there sure is a lot of BS out there as well.
 

nightowl

Member
Sep 2, 2019
337
230
Berkshire
I suppose I'm very late to the party but there's likely more good things to come - how would I go about obtaining shares? I see a lot of scare and mistrust on the Internet surrounding Tesla but ignoring the long delivery times at present and the fairly disjointed ordering process involving e-mail/phone/SMS/website and long silence periods I reckon Tesla is going to continue to develop and thrive.
 

Jason71

Active Member
May 8, 2019
3,074
3,079
Shropshire
I suppose I'm very late to the party but there's likely more good things to come - how would I go about obtaining shares? I see a lot of scare and mistrust on the Internet surrounding Tesla but ignoring the long delivery times at present and the fairly disjointed ordering process involving e-mail/phone/SMS/website and long silence periods I reckon Tesla is going to continue to develop and thrive.
I would recommend traveling back in time and buying them yesterday. or better still about 8 years ago. Failing that wait a week or 2 the post proffit bump with probably fade a bit. Oh sorry you wanted real advice on share dealing. sorry no idea :)
 
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VanillaAir_UK

Well-Known Member
Jun 17, 2019
8,480
6,022
Surrey, UK
You need to specifically register to buy US shares - a formality but not instant.

Tesla shares are actually way down at the moment if you look from one point of view, and way up from another pov. In last year, they have been above $350 and below $200 so are very volatile, even on a daily basis, +/- 4% or more is not unusual. I think fair value is a little up from where we are atm, but not a huge amount, but I've been wrong in the past so missed out on big payout by bailing early. Unfortunately much more affecting share prices than just company performance and it doesn't help that things are sometimes over promised and under delivered.
 

VanillaAir_UK

Well-Known Member
Jun 17, 2019
8,480
6,022
Surrey, UK
I couldn't resist and sold my shares - they had surged well above my sell price (and I personally believe they are now currently over valued) so happy even if they do continue to rise. TBH, its a rollercoaster ride I'm happy to take a break from for a while. Plus personal experiences (of Tesla) do not match the view that I had of them when I invested.
 

pjuk

Member
Mar 27, 2019
233
130
North London
Yeah there aren't many in the Cxx (CEO etc.) position who'd call someone a "pedo guy" or jokingly announce expected share prices on Twitter :eek:

Just imagine if world leaders starting tweeting such rubbish...

H&L I my opinion is pretty decent for share dealing. You will need to fill out a W-8BEN form for tax purposes but that’s about it.
 

xdcthedoc

Member
Sep 5, 2019
133
76
uk
I couldn't resist and sold my shares - they had surged well above my sell price (and I personally believe they are now currently over valued) so happy even if they do continue to rise. TBH, its a rollercoaster ride I'm happy to take a break from for a while. Plus personal experiences (of Tesla) do not match the view that I had of them when I invested.

Arghh.. the temptation is strong.

I got in at $180 and now wavering from my original plan of sticking with them for at least 10 years!

Would be nice to just take the profit and run... but have FOMO on the remote chance that Tesla is going to develop into some insane energy giant / robotaxi fleet wielding mega corp of the future.

Might just stick along for the ride.
 
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jammer1

Member
Aug 2, 2019
29
59
London
Just imagine if world leaders starting tweeting such rubbish...

H&L I my opinion is pretty decent for share dealing. You will need to fill out a W-8BEN form for tax purposes but that’s about it.
I have done it on Revolut. Very quick and easy. Put my FSD money in there 6 weeks ago.
 

xdcthedoc

Member
Sep 5, 2019
133
76
uk
In that situation why not sell enough to get your initial investment back and then whats left owes you nothing so you wont mind if it flops or flys.
Sure - totally viable position - though ultimate payout would be drastically reduced of course. If I needed the money right now it would be the way to go for sure. I am just taking a bit of a punt. Better odds than the casino :)
 

Rooster6655

Active Member
May 3, 2019
1,562
565
UK
Arghh.. the temptation is strong.

I got in at $180 and now wavering from my original plan of sticking with them for at least 10 years!

Would be nice to just take the profit and run... but have FOMO on the remote chance that Tesla is going to develop into some insane energy giant / robotaxi fleet wielding mega corp of the future.

Might just stick along for the ride.

Depends on whether you need the money or not and relative to how much you have invested.

As you got in at the best price your laughing either way but for those who brought in at 375+ they probably will be happy to sell out of the position when possible
 

GrumpyManUK

Member
Jun 21, 2019
80
81
Herts, UK
I have zero experience in share dealing but took the jump with some Tesla shares a couple of months ago. I took the advice of only investing in what I am prepared to lose and I'm in it for the long run.
 
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Rooster6655

Active Member
May 3, 2019
1,562
565
UK
I have zero experience in share dealing but took the jump with some Tesla shares a couple of months ago. I took the advice of only investing in what I am prepared to lose and I'm in it for the long run.

Thing is with Tesla it is a bumpy ride and a long term position will likely pay off if everything goes to plan, short term there are of course some nice opportunities as long as you don't risk what you can't afford and buy at the peak before a sudden drop.
 

NorfolkMustard

Active Member
Apr 18, 2019
2,215
2,204
M3P w/FSD
+ Pickup truck unveiling next month, battery investor day early next year, model Y deliveries early next year. Shanghai Gigafactory production, solarroof V3

- Gigafactory Germany I think may be expensive and slow in comparison to Shanghai
 

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