Yeah the stock is factoring everything in.
I’m starting to ask myself if it is also factoring in the fact Elon Musk might announce a electric sonic spacecraft during battery day too.
Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
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I’m starting to ask myself if it is also factoring in the fact Elon Musk might announce a electric sonic spacecraft during battery day too.
vikings123
Active Member
Just look at the volume for these call contracts from 2200 to 2500. It is very likely some big fish sold a bunch of contracts to trigger that drop.
Big Time
Member
MTL_HABS1909
Member
Alright everyone...its been a fun ride...i sold off everything at $2285. I am going to take the proceeds and buy a CT, pay off the house....oh wait....just realized it was a dreamcarry on $TSLA
Wow that would actually have been a pretty good move.....
I made a big &$*#up too.
I sold my 420 shares at 650$ when it crashed during covid.
I had bought at $305 and $905, had average cost of $600.
then I bought back at $800. Sold it all at $1150 because I let others convince me it would go down in the $700 on the Covid second wave.
There was only a meteoric rise and I bought back 240 shares at $1550.
I went from 420 shares to 240 shares, not high.I can enjoy the ride up, but I lost half my clothes during the roller coaster ride.
Mo City
Active Member
That was one spectacular drop.
This is the TSLA we all know and love.
This is the TSLA we all know and love.
humbaba
sleeping until $7000
If that is the case, why do you need the money? I don't get it. Is it really just burning a hole in your investing account?It's a nice theory. But in this case, the only reason I need the money "now", is because I've invested them in the first place and they have grown 10x in 2 years.
I've actually contemplated selling some of my holding, but not seriously. If Tesla was doing solar where I live and I couldn't get a loan (likely) then I might consider selling some to get it. I'm still undecided on how I'll swing the cybertruck, but I may have to sell some shares for it as well. Will just have to see if I can get another loan when the time comes. Even a poor interest rate is going to be less than the stock appreciation.
When I first started buying I was pretty aggressive considering my financial situation and talked my wife into some of it as "just for now, we can sell it once the stock goes up" some nonsense like if it doubled we could sell half and the left over would be "free shares". That was late 2018 and around $300/share and I still haven't sold a single share. At this point it wouldn't be short term capital gains tax, but even without selling shares my situation has changed and I might actually owe taxes next year so I'm still holding off and, at this point, I expect to keep holding off until I hit mandatory withdrawals from the IRA or $TSLA hits at least $7000/share (pre-split). At $10k/share I could even consider retiring. (Those numbers go up with inflation, but down with continued stock purchases, so for pure speculation purposes I consider it a wash.)
Favguy
Member
wipster
Gold Member
Glad to hear it my friend! Now find out how that storm just hit TSLA... does look like a big wave doesn't it?
Just following the market. AAPL and AMZN have also dropped.
Pezpunk
Active Member
i know it's hard to get used to, but a 100-point drop is tiny when the stock is at $2200. think of it as the stock going from $22.80 to $22.00. Big whoop.
now, if it drops 100 points NEXT week, then we can freak out...
Bought 5 of these for my Q3 contribution:
[email protected]
Member
- Mar 30, 2010
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Ahh...the trailing stop loss trigger. As expected. That reversal is encuraging.
Big Time
Member
They def have more....maybe not today..but there's def more in the future
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