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

[samppa]

Same here. Wonder how many people are being forced to HODL because of the tax ramifications of selling after huge gains? The other option is just to retire early in order to get into a lower tax bracket.

Taxation in my country on capital gains: if I sell now, gain is calculated from original purchase price and taxed at 34%. FIFO rules, so you can't choose which shares you sell.
BUT if hodl over 10 years, you can calculate gains by using 40% of current selling price as original purchase price.
This is called "hankintameno-olettama" and no, I have no idea howto translate to english.

But with large gains, you save a lot in taxes if holding over 10 years.

 

[[email protected]]

I‘d love to get a forensic on that drop from someone more knowledgeable and deeper access than me. Anyone for the team?

 

[StarFoxisDown!]

Macros are suddenly cratering, is there some news?

They're all at all time highs and have been in constant uptrend for the past 2-3 weeks. Gotta retrace somewhat at some point for the rally to continue to have legs/substance.

 

[MTL_HABS1909]

The perfect expression for days like this:

 

[Boomer19]

amazing

 

[smorgasbord]

I didn’t except the stock split to cause the stock to go up this much. Oh wait, it hasn’t been split yet.

I didn’t expect Battery Day to cause the stock to go up this much. Oh wait, we didn’t have It yet.

I didn’t expect the S&P announcement to cause the stock to go up this much. Oh wait, it hasn’t been announced yet.

You didn't expect the buy the rumor, sell the news?

 

[lafrisbee]

GOD BLESS THE MM's.
And their buyback begins.....
Where is that geico pig with his head out the window going WHEEEEEeeeeEEEEeeeee.

 

[uselesslogin]

This is my random post to say hi I’m still here and boy has this turned out well for me. I sort of regret having no trading position through COVID but not really. OK carry on then.

 

[canoemore]

GOD BLESS THE MM's.

So happy for you (really). I would have been super stressed in your shoes.

 

[Big Time]

Yesterday’s drop lasted about an hour. Hoping for the same.

 

[BlackS]

So happy for you (really). I would have been super stressed in your shoes.

Days not over

 

[mikevbf]

Anyone else feel like someone is shaking the apple tree to see how much shares they can free up before the S&P?

 

[canoemore]

Days not over

True

 

[Big Time]

Battery day
S and P
Q3
Split
Battery day
S and P
Q3
Split

 

[Boomer19]

-22 premarket, +140, -7 not big enough 5hour action to make the red headline!

one day tsla will make the big leagues

 

[vikings123]

Anyone else feel like someone is shaking the apple tree to see how much shares they can free up before the S&P?

Sure whatever makes you feel better . It is sad to see TSLA driving under influence. The autopilot mode in the morning was working well lol.

 

[jkirkwood001]

Taxation in my country on capital gains: if I sell now, gain is calculated from original purchase price and taxed at 34%. FIFO rules, so you can't choose which shares you sell.
BUT if hodl over 10 years, you can calculate gains by using 40% of current selling price as original purchase price.
This is called "hankintameno-olettama" and no, I have no idea howto translate to english.

But with large gains, you save a lot in taxes if holding over 10 years.

Kiitos.

(I just wanted to say that to you, @samppa , like Kari after watching and loving 'Bordertown'! )

 

[OrthoSurg]

View attachment 581361 -22 premarket, +140, -7 not big enough 5hour action to make the red headline!

one day tsla will make the big leagues

Stock making a $140 move back and forth, not making a headline.

 

[Lycanthrope]

View attachment 581296

The most astonishing thing is that there are 716 "analysts" ranked lower than Gordy!

 

[PeterJA]

...As someone who strongly believes in Tesla, I have put my money where my mouth is. That said, I refuse to wear rose-colored glasses and somehow believe that the current positive alignment of business progress, analyst appreciation, supportive macro-environment, FOMO, S&P 500 inclusion, etc. will all last for years.

1) business progress
What part of Tesla's business progress do you refuse to believe will last for years? The factories? The innovation? Consumer demand for the best cars in the world? Industry demand for batteries cheaper than gas peaker plants? New products dreamed up by the world's best engineers (vans, home HVAC, VTOL aircraft, boats, ships, who knows what) when the current product map is complete?

2) analyst appreciation
What analyst appreciation? Sell-side analysts have been chasing TSLA's runup, not leading it.

3) supportive macro-environment
What supportive macro-environment? We're in the middle of a global pandemic. Other parts of the macro-environment (climate change, pollution concerns) will not end soon.

4) FOMO
When do you think FOMO will end if Tesla keeps increasing production, margins, innovation, new markets and products?

5) S&P 500 inclusion
When do you think this will end? Certainly front-running will end when inclusion happens, but then 26M shares will be permanently removed from the float by index funds, and probably many more by benchmark funds.

My glasses are not rose-colored, IMO, but crystal clear. I refuse to wear shite-colored glasses just because TSLA has suffered big drops in the past.

It is a mistake of logic (linear thinking, reasoning by analogy) to believe because TSLA behaved a certain way in the past that it will always behave that way in the future. Things change. Tesla has changed. They didn't have factories and design teams ramping up on three continents before, or "mind-blowing" new battery technology, or a "quantum leap" rewrite of FSD software, or Autobidder software creating exploding demand for utility-scale batteries and virtual power plants. Now they do.