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

[Artful Dodger]

Why is it still going up AH?

Notorious TSLA Bull Joe Spak/RBC upgraded TSLA this morning. After-hrs price action is likely a combination of margin calls and shortz capitulating.

Hopefully RBC is one of those quitters.

Cheers!

 

[2daMoon]

Here's my plan.
Bitcoin will keep going up faster than TSLA this year. If TSLA crashes and consolidates at a certain price range for months, I sell my bitcoin and go back into TSLA.
If TSLA goes up, doesn't matter, because bitcoin went up way more.

What if TSLA just consolidates at a certain price point for months, without any significant "crash" occurring?
(reference: this past year's chart)

What is the strategy then? Sell BTC and buy TSLA after taking the CapGains hit twice?

 

[Curt Renz]

Why is it still going up AH?

I see no news or significant macro-market activity, although some folks or algos may have special sources. It could be mainly covering by short sellers hoping not to be the last one left holding the bag.

 

[Mike Smith]

I see no news or significant macro-market activity, although some folks may have special sources. It could be mainly covering by short sellers hoping not to be the last one left holding the bag.

Also the market expects continuation tomorrow because we closed right at the high of the day.

 

[jkirkwood001]

I'm a day behind, so don't know if this has been addressed. But at least in the US, that is not how the tax credit works. The rich aren't getting money from the poor. The car buyer just gets a small reduction in their own tax bill, which if you are rich, is too high already (close to 50% federal and state).

So it's a graduated credit? That's progressive. In Canada, the rebate is issued independent of income, so wealthy get same rebate as those who earn less.

 

[Zero CO2]

Assuming it is pronounced like this

I gave you a funny rating... but a scary rating would be more fitting

 

[LN1_Casey]

I hope y'all are grateful. I sold a $950 covered call this morning for next week as a lure for the share price. Let's see if it'll take the bait.

 

[jkirkwood001]

Updated market cap history.

• Over the last 4 years, TSLA has grown at a rate of almost 5x per year
• TSLA is now worth almost half (48%) of Amazon (AMZN - $1.59 T)
• TSLA is worth more than a third (35%) of Apple (AAPL - $2.2 T)
• I've added Royal Dutch SHELL (RDSB) as a legacy energy data point comparison
• Shell is down 12.5% per year over the last 4 years
• I dropped Nikola
• I increased the left axis scale so we see Apple's market cap (but the legacy auto manufacturers are becoming ants!

 

[TheTalkingMule]

One of those times where I look at the stock and am seriously confused for a couple of seconds. "Am I looking at the time? Wait what was the price before?, Did it tank? This number does not make sense!".

Asked my girlfriend where we closed and she goes, "$816. Wait......eight? Eight hundred, right? That's crazy."

 

[Christine69420]

One week ago - last Thursday we closed at $705.

A few minutes ago today in the after market I saw $834.

A one week difference of $129.

Or up $645 in one week in pre split money.

 

[jhm]

Can we now drop FB completely, along with N? I truly dislike FB - it has no business being here. So we keep only AMAGT

GAMAT. GOOG+GOOGL has highest combined MC.

 

[JustSaying]

So I drink a shot of Woodford Reserve (Elons favorite whiskey) every time we set a new all time closing high in $100 increments.....pre split. So that means I need to drink for $3800, $3900, and $4000 today. Can you all stop buying for the next 3 minutes so I don't have to drink for $4100 too. Gonna be a fun afternoon.

I didn't know Woodford was Elon's favorite. Great stuff. Try a Woodford Reserve Manhattan "up" made with Carpano Antica Vermouth for your shots.
OT Woodford has a great distillery tour on the bourbon trail and you can arrange a stop at the Corvette Museum.
I confess that a 2020 ICE Corvette will soon be the horse in my barn (garage) that will be taken out for regular weekend exercise.
(Unless we soon get a Model S refresh then there will not be any room left in the barn)

 

[jhm]

View attachment 625412
This type of viewing of Tesla is new due to the S&P addition. It’s now included in News and Alerts in Robinhood.

Where's MAXN +13.45% and TDOC +12.07%. That's what I've been diversifying into.

 

[2daMoon]

CAN'T.STOP.WATCHING.AH.SP

Is there a sponsor I can call for support?

 

[WattsHappening]

Asked my girlfriend where we closed and she goes, "$816. Wait......eight? Eight hundred, right? That's crazy."

You weren't watching the ticker all day long and not getting any work done?

Oh wait, that was me.

 

[MC3OZ]

So the 8+ disagrees I got on my post isn't proof that a lot of people on this thread are delusional?

Also, I did follow my own advice. My bitcoin investment is rising faster than TSLA. Looking forward to getting back in after the mega TSLA crash.

There is a thread for those that want to play on the Bitcoin Roulette Wheel:- Bitcoin, Cryptocurrency and Blockchain Discussion Thread

 

[jhm]

Why is it still going up AH?

Gravity

 

[lafrisbee]

The real reason Jeff Bezos isn't richer than elon... Not the Alabama version from the 60's.

 

[Causalien]

Paging @Causalien

Nice to see all these Whiskies seeing the light of day. I did create a separate thread some time ago for this type of thing. Whisky / Whiskey back in the pre-split days.

Honestly not on my mind until the $2000 stimulus check.

 

[Nocturnal]

I didn't know Woodford was Elon's favorite. Great stuff. Try a Woodford Reserve Manhattan "up" made with Carpano Antica Vermouth for your shots.
OT Woodford has a great distillery tour on the bourbon trail and you can arrange a stop at the Corvette Museum.
I confess that a 2020 ICE Corvette will soon be the horse in my barn (garage) that will be taken out for regular weekend exercise.
(Unless we soon get a Model S refresh then there will not be any room left in the barn)

One of my favorites too. I drink Bulleit more because it's cheaper. You know, I can probably afford to upgrade. OT but if you like Woodford Angel's Envy is a good one to grab that isn't so well known.