Every YouTube Tesla bull have to go through the phase of discovering the power of click bait titles, James is too experienced to not do it at least once.
Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
Well E*TRADE has updated the price of TSLA to the post-split price, but the option prices are still completely out of whack.
gabeincal
HODLer / Theta seller
I don’t remember having to double click the key to ‘start’ the car...? I would normally sit in my 2016 S, shift into D and drive... Bad memory?
Probably has passive entry turned off. (Which was added to prevent hackers from extending the fob signal and stealing your car.)
⚡️ELECTROMAN⚡️
Active Member
My Schwab account says my net worth tripled. Living the dream.
Joe F
Disruption is hard.
As some (myself included) have gotten a laugh out of seeing their brokerage account balances blown through the roof, at least temporarily, there’s something you can do to change that laughter into almost tears.
Figure out how much you paid for your shares, now imagine if you had sunk all of that into the TSLA IPO, and never sold a share. Sobering thought, huh?
Oh, and I captured my Fidelity screenshots today. Someday I hope to see those figures again.
Figure out how much you paid for your shares, now imagine if you had sunk all of that into the TSLA IPO, and never sold a share. Sobering thought, huh?
Oh, and I captured my Fidelity screenshots today. Someday I hope to see those figures again.
Prunesquallor
His cardinal virtue? An undamaged brain.
Sure. And In that scenario, if TSLA had tanked a year ago, the majority of your investments would be intact, whether you had put them in ARKW or not. The question then Is would the remainder of ARKW subsequently have performed better than the remainder your personal picks?
To me, the real question is what should ARK do when one of the fund components goes totally ballistic like TSLA? Their strategy seems to be limit to 10% and use the profit-taking as an engine to reinvest into the process of finding the next winner. (If they keep accumulating a single stock that dwarfs the other fund components, they stop serving a useful purpose - anybody can do that). The ultimate endpoint would be a diversified portfolio (at least 10 companies) full of winners - relatively resilient to an unexpected failure of a couple of them.
That may or may not make sense based on your conviction of the expected growth rate of TSLA. Certainly over the last year, nothing matched the performance of TSLA alone. If you believe that will continue through your investing horizon, no need to mess with diversification.
Which is what I think Lodger said
Absolutely, unless you have a second car (hopefully another Tesla).
JusRelax
Member
Are you Elon Musk?
Fun fact: If Elon Musk's shares are recorded in any way similar to some of the brokerages that recorded the stock split but haven't cut the price by 80%, He'd already be recorded as the richest man in the world! (And it's not even close, haha)
wipster
Gold Member
Well I'm back to being NQA Teslanaire again, with 5 times more shares worth 442.68 each... can't wait until Monday morning (but I'll probably still sleep in).
Have a great Sunday!
Ameliorate
Member
mrdoubleb
Supporting Member
According to our own TMC tally they've sold 111.119 cars in Europe last year. Barely missed the Top list.
Artful Dodger
"Ducimus, lit"
"TESLA - Nobody Does It Better - Carly Simon" | Music video by Warren R.
mickificki
Member
Food for Thought ... from @JPR007 ... makes a case justifying a SP of $3442 in 2020 (thread).
https://twitter.com/jpr007/status/1299926974056423427
https://twitter.com/jpr007/status/1299926974056423427
I support this valuation (by not selling any share). But the problem is that it's not me or you deciding this. The market will need about 200m owners of tsla and 1400b of capital supporting this valuation.
Lycanthrope
S3XY old dude
Ha! I had a Sierra Sapphire Cosworth in the early 90's - they were dirt-cheap in the UK due to outrageous insurance costs. I bought from a colleague who had owned from new, a Sunday morning only car, with 15k miles on the clock, mint condition for £350. I doubled the mileage, then sold it a year later for £4500, the maintenance was beginning to pile-up, it needed a new head-gasket and that was quite an expensive job, which I couldn't really afford at the time.
Spend the money instead on a Ducati 900SL, damn that was a beautiful bike and sounded like thunder with the illegal carbon-fibre pipes.
Lycanthrope
S3XY old dude
Yeah, done all that... Nothing changed for me.
Note that the "previous day portfolio" isn't always correct - for me it shows -3 c4000, whereas it should be -5
A bit worrying that "some" calls adapted, not all, TBH I would have expected this to be an overnight batch conversion, can't be that hard, surely...?
And this still assumes that growth in 2021 and 2022 will be 50%. It seems to me that growth in both years will be 100% (so greater than 1 million production in 2021 and 2 million in 2022). This we can predict reasonably accurately from the progress in Shanghai, Berlin and Austin and that Tesla will be production constrained with Model 3, Model Y and Cybertruck, especially with expected cost reductions due to economies of scale, learning curve and localised production.
If we assume higher growth for the next two years then reverting to 50% growth, then we get his predictions pulled forward by about 1.5 years, to mid 2026.
What this means for the share price is that the discounted price would be above $2000 at 10x P/E multiple, at higher multiples (a case can be made for 50x P/E multiple) this could lead to share prices all the way up to $10,000.
This seems incredible, perhaps I have made a mistake (?!?!).
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