Wow, we were still in the 800's when I wrote that post, barely over 2 weeks ago. There is no way I envisioned the stock price getting to 1200 in that short of time. So I think I'll move my trigger to 1400.
Then again, some of you may have thought that if I buy a Model S, especially a blue one with white interior and a stealth wrap, others would want to buy a Model S, thus increasing demand, production and/or margins, and consequently share price. If any of you bought stock in reliance upon my post, I might be obligated to place that order. None of you did that, did you?
One of the things that we do is wait until some equity or price average catches up. Without looking up current values, I recall that recently the 200 day moving average of TSLA was about $700. We get to feel comfortable making moves based upon that price. If we had some psychological hook based upon TSLA price of $1200, we feel better when that long term average would be $1200.
In other words, if we wanted 1M in assets to retire or buy a car, we would not do it the day that number was reached, but would do it when it had been 1m for a year or so. (There are 253 trading days in a year)