The more the press folks are hopping around like five year olds about to wet themselves the less worrisome they are.
So, no.
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
So, no.
Yup press gets eye balls if there's volatility. Their ratings spike on days that are extremely red or green, and would love to do whatever they can to push one way or the other. When stocks move 0.25%/day up or down for months, no one is watching CNBC because that's like watching paint dry.
Market closes at 4 pm ET, financials are normally posted a half-hour after close, so typically a lot of action AH... one way or the other...
Surprised at lack of real rally going in EOD. The FUD here is pretty obvious and reasonable people know that this will not affect the company going forward. Really thought ending flat or close to it was probable. Did go down pretty far though...
Guess too many people have played this game before and know there is no hurry.
Just buy it on the day when the stock goes up 100 points!
Didn't get the 12 dollars on my sold put. It stalled at 12.75.
Eh, just means I will make more money tomorrow.
Knightshade
Well-Known Member
Just wrote the biggest check I've ever sent to the IRS, ... and felt really good about doing so.I hope I can send them lots more in the years to come. (If you know what I mean, and I think that you do
)
This covered tax due on a few shares moved from Rollover to Roth IRAs. I couldn't bear to sell shares to pay taxes, so, it seemed a good idea to borrow against margin instead.
Quick tip for the future- You put your IRS bill on credit cards. There's a <2% fee, but you can use the spend to satsify the required spending for one (or if it's a big bill many) sign up bonuses.
You can often get rewards back approaching 20-25% of your spend, making the 1.99% fee a no brainer. (potentially even higher than 20-25% if you travel much and tend to go business or first class).
That's bad actually.
it means every year you give the IRS an interest free loan.
Ideally you ALWAYS want to owe--- just enough to be below the underpayment penalty.
That means they gave YOU an interest free loan all year.
TheTalkingMule
Distributed Energy Enthusiast
This is good for us IMO. TSLA as a destination for your chips is now much more appealing relative to a couple months ago. S&P/DOW components at all time highs while TSLA stagnates 20-25% off ATH, treasuries below 2%.....there's no better home for your money than TSLA right now. Wasn't always so obvious in the recent past.
Long term macro worries......there's simply too much cash on the sidelines AND too much stimulus coming down the pike to worry about that. Start worrying next spring.
TheTalkingMule
Distributed Energy Enthusiast
I don't think that's the case. I think people are picturing two old people got into the back of a Tesla and it drove them into a tree. That's the narrative, and plenty of people think it's reality.
How long to unwind that nonsense? I bought a few calls today in case it become obvious overnight. Maybe it takes til some preliminary police reporting is available.
mejojo
Active Member
Just wrote the biggest check I've ever sent to the IRS, ... and felt really good about doing so.
This covered tax due on a few shares moved from Rollover to Roth IRAs. I couldn't bear to sell shares to pay taxes, so, it seemed a good idea to borrow against margin instead.
Out of curiosity, why a month early?
no they have there own, all you can do is reduce temperature to put fire out.
corduroy
Active Member
Us lucky self employed/business owners get to pay estimated taxes 4 times a year AND get to pay self employment tax that goes to social security and medicare.
dhanson865
Well-Known Member
Yes they do but unless you can launch them into space on short notice your best option is to pour thousands of gallons of water on them (assuming you mean a large tesla battery pack and not a small 12v battery).
Could Toyota's announcement of the 25 BEV's being introduced by 2025 have been a major downward driver today, as well as that which will not be spoken? Honestly, that concerns me more than anything else. I'm really surprised it took TMC so long as they have been making hybrids forever and as such have extensive experience in battery driven vehicles. In fact it was a ride in a Prius that helped me make up my mind about buying TSLA stock close to the IPO! It truly blew me away, and I knew then BEV's were the future for the auto industry.
This is more of a game changer than VW, Mercedes, GM, and/or Ford IMHO. Toyota already has dealers that know how to sell them and their service departments are experienced in working on them.
Will be interesting that's for sure.
This is more of a game changer than VW, Mercedes, GM, and/or Ford IMHO. Toyota already has dealers that know how to sell them and their service departments are experienced in working on them.
Will be interesting that's for sure.
dhanson865
Well-Known Member
ah yes, estimated taxes, I came close to having to do that one year when I sold some bitcoin but I was able to increase my withholdings in time to avoid writing a check.
I don't envy anyone that has to do estimated taxes on a regular basis, though I guess if the income is high enough I could put up with it.
In general there is no reason to ever pay the IRS early because the underpayment penalty is only 2% on the underpaid amount.
TheTalkingMule
Distributed Energy Enthusiast
Well for one thing it's just talk at the moment. And talk 4 years out at that.
For another.....this was literally the primary goal of the master plan, to pull the entire marketplace into EV. This is the most wildly positive Tesla development imaginable. You want to be at the top of the market for everything, not for 1% of everything.
Yeah been a rough ride for me here in NYC for the past twenty years. Am grateful for the opportunity to own my own businesses, but these cats over here refuse to acknowledge S Corps.
So I have to pay corporate income tax like I am Amazon of 9% to NYC (not really Amazon has much better accountants than me
).Then the amount left over goes onto my personals and gets hit again by NYC for 4%. That's right double taxation by NYC to the tune of 13%.
State wacks me for 9%.
Then the Fed comes over for 37%.
Am rounding but the cumulative is about 58% tax rate.
My opinion is that it should always max out at 50%. We can be partners, but lording over me sucks.
NYC a tough place to make new money in unless you are a real estate mogul or hedge fund trader. The tax breaks there are outrageous and endless.
And of course... they just raised the tax rates
I am and will be OK but, sheeesh.....
I think most of this forum is usually armchair forensics, repetition of points, and speculation based on tid-bits of facts.
Seemingly things are moderated based on palatability of the topic to moderators, as there is little doubt this topic can have a major effect on share price.
To me it's like saying lets not discuss Q1 results until Tesla officially releases them. By that time, it's too late to act on things. It makes little sense. In the moderators own words the chief reason is to suppress peoples speech, as they do not find it constructive.
I hope Elon's response counts as (1) Tesla's public statement.......
"Your research as a private individual is better than professionals
@WSJ!
Data logs recovered so far show Autopilot was not enabled & this car did not purchase FSD. Moreover, standard Autopilot would require lane lines to turn on, which this street did not have."
"Your research as a private individual is better than professionals
@WSJ!
Data logs recovered so far show Autopilot was not enabled & this car did not purchase FSD. Moreover, standard Autopilot would require lane lines to turn on, which this street did not have."
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