If we knew for sure we'd all be billionaires and not just lame old millionaires.
Could be any number of things both genuine and contrived.
Probably not any new or serious shortcoming in the company though imo
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
Could be any number of things both genuine and contrived.
Probably not any new or serious shortcoming in the company though imo
Probably the huge run up of all the tech stocks over the past hella long time, especially past 10 months. I'm full on Tesla bull and haven't sold a single share in my long account but this was inevitable. It's the reason I went full cash on everything other than TSLA some weeks ago, too early to be honest. Probably more to come. True longs consider it a gift.
Got some at $714. Just couldn’t let such a drop go unanswered. Also, closed out a March 850 covered call. Probably could have left that alone, but will try to sell another tomorrow.
My guess people that jumped on board that thought easy money saw the stock not doing much and are getting out looking for something else they think is easy money.
Maybe it was removing the Model Y SR from sale
Krugerrand
Meow
I knew I was going to waste my time trying to figure this out, but I've done the same before, and I'm going to do the same again. Would've been cool if he just tweeted that out when they removed it from the website, though
But it’s not new news. He’s gone on record before about where he thinks minimum range on Tesla vehicles should be.
The problem isn’t that he didn’t repeat via tweet what he’s already expressed. The problem is that people are hard-wired to be negative, think negative, and to imagine the worse possible outcome. You have to consciously make an effort to change the survival narrative your brain instinctually spews. It takes work to reframe situations into at least neutrality, but you want to aim for positivity.
You’re aware you do it. I’ve no idea why you wouldn’t make the effort to prevent another repeat performance. Instead you simply concede you’ll do it again.
Unless there’s a payoff for you that you prize above the angst you put yourself through.
So say The Buddha cat.But it’s not new news. He’s gone on record before about where he thinks minimum range on Tesla vehicles should be.
The problem isn’t that he didn’t repeat via tweet what he’s already expressed. The problem is that people are hard-wired to be negative, think negative, and to imagine the worse possible outcome. You have to consciously make an effort to change the survival narrative your brain instinctually spews. It takes work to reframe situations into at least neutrality, but you want to aim for positivity.
You’re aware you do it. I’ve no idea why you wouldn’t make the effort to prevent another repeat performance. Instead you simply concede you’ll do it again.
StealthP3D
Well-Known Member
1st principles thinking should not be used to try to explain every thing.
I have a strategy in place, where I sold CC's at high SP, high IV and am using the monies to buy the dips.
I added that as clarification, just so peeps know that I am not using my own money in buying more.
Sure market is unpredictable, but I thought it was a good time to get in at a lower SP with lower IV. Market has moved down due to inflation and rate increases worries. At this point my thought is that it too shall pass.
(+If this trade goes against me, it will mean that all the CC's I sold went for me. -- And at some point I will be balancing my single stock portfolio accordingly)
I sold bunch of CC's when many here said not to. Now I am buying Calls when there is fear and I will follow accordingly when greed comes along. ~ cheers!!
I wasn't speaking to the wisdom of any particular trade, I was simply suggesting that each consecutive trade must be looked at in isolation in order to judge the risk. If the trades are open at the same time, that could be a different matter. But because you have freewill to place additional trades (or not) the risk is independent. I know, this is not how humans naturally think about money and risk, but it's counterproductive to do it any other way if the overriding goal is to increase your net worth.
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Time to sell your kids, and also start talking to a good surgeon about your kidneys
Etna
Member
When I placed my order for a Model Y SR, my intention was to take delivery around mid-march but I got a call from Tesla a few minutes ago asking me to take delivery on Friday, or have my order cancelled. (I will take it)
The "off-menu" quote from Elon is apparently intended to liquidate remaining stock, unlike the Model 3 SR that was offered "off menu" for awhile.
The "off-menu" quote from Elon is apparently intended to liquidate remaining stock, unlike the Model 3 SR that was offered "off menu" for awhile.
You’re aware you do it. I’ve no idea why you wouldn’t make the effort to prevent another repeat performance. Instead you simply concede you’ll do it again.
I'm half-joking. I watch most of the freakouts and wild speculation on Tesla and just roll my eyes. I actually enjoy trying to figure out what's going on in the short term, sometimes, and it has no effect on my investment. I never trade on it. I haven't even thought about when I might sell my shares because it's too far off.
2daMoon
Mostly Harmless
Okay folks, I'll fess up.
This is all my fault.
I just wanted to see a bigger explosion once it rebounds, so, I wound up as many things up as I could.
This is all my fault.
I just wanted to see a bigger explosion once it rebounds, so, I wound up as many things up as I could.
That must be what triggered the sell off in the 260+ other NASDAQ stocks that are currently red on the day... /s
corduroy
Active Member
Someone ring the damn closing bell so we can stop the bleeding.
Nope, not yet. Order place for more at $707. Risk/Reward is very high now.
This stuff just "Manipulates" right into my account.
I've been super busy the past weeks without a chance to be active on TMC.... I did however buy at:
810
778
750
(now waiting for 710 - hoping for tomorrow, need to round out my share numbers...)
...liking this (while fully understanding that for some this must be horrendous price action )
810
778
750
(now waiting for 710 - hoping for tomorrow, need to round out my share numbers...)
...liking this (while fully understanding that for some this must be horrendous price action
)
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Krugerrand
Meow
You make it sound so difficult!
Definitely some skill required. We’ve got some attendees with next to no acting ability.
My sleep, but I see your pointNot at all, Maybe it's because I am now invested for 6 years that such a drop does not bother me at all
What changed with Tesla since the stock price was at $900?
Nothing
woodisgood
Optimustic Pessimist
Yeesh. All I have to say. Renewables getting absolutely blown to smithereens today and probably why TSLA down closer to 10% (like solars) rather than 2% like Apple or Google. I suspect the big boys are using the Texas situation to crash the sector and get in cheap.
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