Agree 100%. I wonder if the market will put two and two together regarding TSLA, after announcements such as this from VW today validates Tesla's strategy.
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Agree 100%. I wonder if the market will put two and two together regarding TSLA, after announcements such as this from VW today validates Tesla's strategy.
Many members of the TSLA investor's forum, apparently excluding MitchJi ; )
Then why are you always worrying when the stock drops a few dollars? That definitely isn't investing.
There is an element of gambling, especially for a company such as Tesla which is establishing itself. You cannot predict events like suspension gate, or some black swan event. The other option is to keep your money in the bank for basically no risk and low reward.
Presently, you eliminate risk, but you have a negative reward. The dollar isnt exactly holding up all that well.
You are conflating gambling with uncertainty.
To me, gambling implies an average expected value < 100%. To be sure, investing involves risk and uncertainty. But the economy is not a casino--it is not zero-sum. On average, companies generate real value and real wealth, and with proper research, diversification and asset allocation the expected return of an investment portfolio is > 100%.
With bold moves comes the perception of greater risks, and I think this perceptions of greater risks is the reason TSLA isn't trading higher at the moment. Ron Baron's talk propelled the stock upwards because it was a substantial reminder of the rewards that may lay ahead of Tesla, and it emphasized the lead that Tesla has over the competition. The fraudulent suspension story was powerful in the short term because it was a reminder that Telsa manufactures automobiles and a manufacturing defect can produce negative effects on the company (even if this wasn't such a defect, it was still a reminder of what could happen).
I don't believe that TSLA will trade in a narrow band between now and mass production of Model 3. Rather, the market is waiting for confirmation that the bold risks are going to succeed. Beating Q2 delivery targets would be a great step toward relieving some of these concerns because it demonstrates Tesla's competence in manufacturing after two somewhat disappointing quarters. Competence in manufacturing S and X translates into greater confidence in the ability to ramp up Model 3 production, which then helps validate Ron Baron's expectations. Once Tesla appears on track to deliver substantial quantities of Model 3 in late 2017 and throughout 2018, TSLA is off to the races. Add some means of quantifying TE substantial revenue contributions in the near future and the results will be stunning.
I don't believe that TSLA will trade in a narrow band between now and mass production of Model 3. Rather, the market is waiting for confirmation that the bold risks are going to succeed. Beating Q2 delivery targets would be a great step toward relieving some of these concerns because it demonstrates Tesla's competence in manufacturing after two somewhat disappointing quarters. Competence in manufacturing S and X translates into greater confidence in the ability to ramp up Model 3 production, which then helps validate Ron Baron's expectations. Once Tesla appears on track to deliver substantial quantities of Model 3 in late 2017 and throughout 2018, TSLA is off to the races. Add some means of quantifying TE substantial revenue contributions in the near future and the results will be stunning.
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As Steve Jobs said: "you're holding it wrong"... Replace 'you're' with 'I was'.
True gambling is betting with negative or breakeven odds. Betting with positive odds is investing in some form.
Some types of betting are often characterized as gambling if the variance is very significant, or odds are hard to quantify.
MitchJi
Trying to learn kindness, patience & forgiveness
Listen: we're getting way off topic... Hopefully this will put an end to it: there are some forms of investing that can be categorized as gambling AND even investing in straight equities can be viewed as gambling if you don't know what you're doing or your strategy isn't solid. I freely admit how I was investing previously was NOT the best method and I've taken a few days of solid research, paper trading and trial and error to determine that I can greatly improve my methods and turn it into something that doesn't even remotely resemble gambling.
This is why this is a great buy opportunity for those (us) paying attention. Not on the radar for most analysts (as far I can see).
Not a lot of math/science went into this, I admit. I am vacationing and have a small window of Internet service. I just think we see a big move either way...gut feeling....so, I guess this is 'gambling'...but again....small amount.
I will close one or both legs at any time but currently intend to hold thru announcement of Q2 deliveries
Everybody and their grandmother go EV and Self Driving - some earlier than others - Rolls-Royce by 2040. They got to be flipping kidding!
Rolls-Royce unveils first driverless car complete with silk 'throne'
Rolls-Royce unveils first driverless car complete with silk 'throne'
They put effort into this?
No folding second row seat. That is a non-starter. Also doesn't help it is the ugliest thing I have ever seen in my life. But definitely the second row needs to fold.
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