stopcrazypp
Well-Known Member
Yes, that is what I am planning to do in case I am late. I'll just do it on my phone. Hopefully Tesla prepared for this and the website doesn't bog down though.
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From long-term view, the stock is still very attractive. It is likely to earn $100~$200 per share by 2026. Sometimes people get too excited, get all in with margin, then for whatever reason, the stock temporary pullback (sometimes 60% pullback) then they get wiped out. I never sell my long-term holdings. I trade other stocks to make profit, then I add the trading profit to my long-term favorites. Tesla passing 200-DMA is a valid entry point. I have a stop loss for the trading portion.
Compare and contrast lines outside Santa Monica Toyota. Note if you cant spot them initially, they are the ones made with white paint.
You might be right. However, I'm curious what will happen in the last 30 minutes.
I'm still waiting for real short covering to kick in. The volume from today doesn't tells me there isn't excessive buying or selling, and certainly isn't much short covering.
Interesting for a direct comparison with Apple, here's the last line of the article:
"Tesla’s announcement comes the same day as Apple is releasing its iPhone SE, which doesn’t seem to be drawing such lines. There was a line in front of Apple’s store in Dusseldorf, Germany, but that was only because there’s a Tesla showroom next door."
OK, was reluctant to post right away, but after receiving confirmation, the photo was taken in Century City, Los Angeles store. The line is at least 1000 people strong!!
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Thanks for the heads-up! I'll hold my fire ;-) A brief digest:
The car was charging from an extension cord at a factory on Easter Saturday when -ire broke out. The expert interviewed self-describes as critical of Tesla, has never driven or ridden in one, expresses concern over the ten times greater energy in a Tesla battery as compared to hybrids which needs more cooling, takes care to point out this is the second -ire recently -- but completely elides all other -irebrands, which are considerably more frequent. Off the top of my head, pick any car brand: Porsche, Audi, Ford, Opel, Mercedes and so on. IIRC, Porsche recalled all of their highend model about six months ago due to overheating. And that's also a million kronor car.
The owners are shaken but seem to be Tesla fans still. The owner's son speaking to Sundsvalls Tidning pleads not to take the negative angle. Which they immediately rush to do. :-/
Shorts may not like it, Tesla and TSLA fan base has increased significantly today. It will continue to increase everyday. Shorts are fighting against tsunami.
I reserved my Model 3 at the Highland Park, Illinois store. A product specialist said at least 200 people had been there. It looked more like 300 to me when I left around 10:30 am CDT, a half hour after the store opening. An employee monitoring the queue said a lot more were at the Grand Avenue store on the near northside of Chicago, Illinois. I then drove for 15 minutes to the store at the Old Orchard Mall in Skokie, Illinois. Before 11:30 am CDT a product specialist told me there had been about 160 so far. They'll be open until 9:00 pm CDT and expect more during evening hours.
The person in front of me in the Highland Park queue drove down from Milwaukee, Wisconsin. The one behind me drove from Madison, Wisconsin. Tesla stores are outlawed in Wisconsin. A Highland Park product specialist anticipated that the online reservations this evening would far exceed all of those made in stores.
The person in front of me in the Highland Park queue drove down from Milwaukee, Wisconsin. The one behind me drove from Madison, Wisconsin. Tesla stores are outlawed in Wisconsin. A Highland Park product specialist anticipated that the online reservations this evening would far exceed all of those made in stores.
when I ordered in Raleigh this morning, I asked if they are closing at their regular 6pm time. was told they are going to stay open as long as someone is waiting on line. given that people may come to the store after work, there may well be a line at 6. just one rep, but if what he said was accurate, and applies to all stores, that could be an extra hour or two of reservations at these stores today.
Only please remember: prose, not poetry, folks! Stay off that stuff.
tinm
2020 Model S LR+ Owner
While everybody's in line or talking about everybody else in line, I've been spending the day contacting reporters and editors in the New Mexico media to remind them that while the rest of the world is in line for a Model 3, there are no lines in New Mexico today because people aren't allowed to buy cars here, thanks to the auto dealer protectionist laws, and that if and when they do inevitable Model 3 stories, they should include that special New Mexico angle in their stories. Just doin' my part to fight the good fight.
Fairly massive bear attack just now. This volatility is making my head spin.
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