Only way this makes sense is if it costs $22k or less and qualifies for the rebate. That puts it as a nice $15k commuter/ college kid car people can afford.
Depends on the sizing. If you have 6b free cash flow, spending 1b on scooping up ridiculously undervalued shares while keeping 5b for rainy days may be a good investment, also to send a signal about how you value your own trajectory.
Same story I've read in this thread for years. "Next quarter! That's when wall street will see value and tsla will rise"
A billion buyback is like virtue signaling.
You may have the made the unstated assumption that more money == more progress. This is not true with Tesla, the are spending money on growth as quickly as they can without wasting it. They can not force lithium mining permits with more money. They can not conjure up engineering talent out of thin air; they have to grow it.
It will happen again. Just like after Q3 2019. Continued earnings growth will eventually push the stock higher.
I'm still holding my shares and buying more when I can. My post was commentary on the behavior of this thread.
| Time (ET) | Report | Period | Actual | Median Forecast | Previous |
|---|
| 10 am | Leading economic indicators | Oct. | -0.8% | -0.4% | -0.5% |
Well buy-and-hold folks, you can start shaking your heads now. I just put my brass balls and peanut brain on the table, and converted my shares to LEAP call spreads. I'm basically all LEAP call spreads now (250 / 400). I just can't see the share price staying this depressed for 2 years given even a conservative growth in earnings and PE ratio. And I'm willing to risk a lot on that bet.
Shorter term - 1 year: This means my trade moves ~ 2x with TSLA price changes. Don't have to wait until expiration to exit.
1.5 - 2ish years:
> ~$350 share price: 500% return on investment (vs 110% for shares)
~ $300: 150% ROI (vs 70% for shares)
~ $280: Same as holding shares
< 250:
So you can monitor my mood over the next 2 years with this simple breakdown.
If the stock is under $250 in 2 years, don't be surprised if I disappear only to be seen on Twitter raging on how VW software is far superior to Tesla's.
Shuffled them to Jan 25, 250's so still have 2 more years for a turn around all have Jan 24 500-600 CC's(hedge) against and the CC's are doing well Personally, I think a token buyback is a good idea. It just serves as a reminder to the market that this is an amazingly innovative company with strong cash flow and if you don’t wanna buy shares someone else will so don’t take this company for granted. It does not have to be $10 billion. I agree they should keep a lot of cash to minimize risk. Even a small buyback changes the narrative.
I think so as well; the watch tool went from 80% to 75% though.Leading economic indicators | Economy may be in a recession already, Conference Board says (4 hrs ago)
Time (ET) Report Period Actual Median Forecast Previous
10 am Leading economic indicators Oct. -0.8% -0.4% -0.5%
I think the FED will slow rate hikes to 0.5% at the Dec FOMC meating, and will see a Santa Claus rally.
Cheers!
What a silly post.
