One trading day later, closed another 10% down at 123 euro.And natural gas kept going down this week.
Currently at 140 euro, another 10% down this week: ICE Futures and Options
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One trading day later, closed another 10% down at 123 euro.And natural gas kept going down this week.
Currently at 140 euro, another 10% down this week: ICE Futures and Options
It’s better to be lucky than good. Sounds like the same advice I was given at 900 pre-pre-split. Am I bitter and jealous of your good fortune? Yes! Nice work you bastard.It hurts right now, but just pay it. It's a sunk cost; best not to ever get in trouble, or "creative", with government payments.
I think @StealthP3D or @Artful Dodger once talked about selling at highs enough to fulfill needs while TSLA was at ~$1200. I took that to heart (alongside advice from family, friends, and financial advisor) and moved a partial amount at TSLA around $1150 last year to get into passive income streams for this exact reason among a few others. I've been very happy with that decision for the entirety of this year and just riding everything out as there was likely to be a blowback from a 15-20x increase in 1.5-2 years.
At this rate we might even crack Friday's opening SP!
I won't believe anything until StarFox comments.
Investors might think that growth would lift Tesla stock out of the zombie zone, but the reverse could be true. The larger Tesla’s car business gets, the more investors will treat the company like a car stock, giving it a valuation like those of other auto manufacturers, according to Trainer.
“If we assume Tesla sells 9% more vehicles than Toyota [in 2031] Tesla has 56%+ downside,” Trainer wrote. The logic is that for Tesla to get that big, its operating profit margins would have to fall to match those of its competitors. For Tesla, sales 9% higher than Toyota’s and comparable operating profit margins would yield roughly $44 billion in 2031 operating profit.
It’s a big number, but only 80% higher than what is now expected for 2023. According to Trainer’s financial model, that justifies a current share price of only $90 for Tesla stock, while the price was above $200 on Monday morning.
It’s better to be lucky than good. Sounds like the same advice I was given at 900 pre-pre-split. Am I bitter and jealous of your good fortune? Yes! Nice work you bastard.
A dream that is by any neutral viewpoint false , particular in light of Elon being wrong year after year on this subject. Similar to selling snake oil as a cure all. Selling of vaporware year after year. Hardware has never been able to do the full self driving job even though first, second and third revisions have been sold as able to do so. What a joke that keeps being peddled.The price of fsd is proportional to it's potential usefulness over the ~10 yr life of the car. Fsd is actually very cheap for what you get (a software and hardware vertical stack with $billions and countless hours invested). There's no competition.
"Again" could potentially be every day. Nearly every comment Musk makes is viewed by some people as the most heinous thing ever said.I don't disagree, @Ogre . I applaud Elon for being incredibly pragmatic and unemotional - it's enabled him to make brilliant business decisions.
But as we all know, that's not the same as being diplomatic. And just like family Thanksgiving dinners can quickly disintegrate into feuds and rash actions when people voice political opinions, many don't think Elon is 'authorized' to opine about global affairs - and in fact, it's dangerous and counter-productive when he does. On another forum I defended Elon by arguing that Twitter is simply the most democratic public forum there is, "Elon the Billionaire" didn't buy followers, ignore him if you prefer.
But being 'right' (like every opinionated Thanksgiving guest of course won't please all the people. And as this is an investor forum, do we really believe such posts from Elon will be positive for TSLA? Again, my short OP didn't say yay or nay about what Elon said. I just said "here we go again"!
A dream that is by any neutral viewpoint false , particular in light of Elon being wrong year after year on this subject. Similar to selling snake oil as a cure all. Selling of vaporware year after year. Hardware has never been able to do the full self driving job even though first, second and third revisions have been sold as able to do so. What a joke that keeps being peddled.
A thing’s value is not determined by the money and time put into it, it’s worth whatever value it provides.Fsd is actually very cheap for what you get (a software and hardware vertical stack with $billions and countless hours invested). There's no competition.
“If we assume Tesla sells 9% more vehicles than Toyota [in 2031] Tesla has 56%+ downside,” Trainer wrote. The logic is that for Tesla to get that big, its operating profit margins would have to fall to match those of its competitors. For Tesla, sales 9% higher than Toyota’s and comparable operating profit margins would yield roughly $44 billion in 2031 operating profit.Now I've seen it all. According to this "analyst," Tesla selling more cars will be...wait for it...bad for the stock. Just some Monday morning humor for you.
Tesla Could Be a ‘Zombie Stock’ as Interest Rates Rise
New Constructs CEO David Trainer says the EV maker's stock, down nearly 40% so far this year, has more room to fall.www.marketwatch.com
A thing is not worth the money put into it, it’s worth whatever value it provides. FSD in its current form does not provide anywhere near what it costs. Anyone who bought it say 5 years ago and is now ready to trade in that car got ripped off, and that’s sad. They paid full price for a product that was never released beyond beta testing.
It's certainly due to news that Tesla is hiring. Considering the hit we took when they had a hiring freeze, it must be the news that Tesla is hiring everywhere right?TSLA up today because market front running great earnings!...
- checks RIVN
Never mind.....
Uh oh... first the gigaposts, now referring to themselves in 3rd person....Or maybe Gigapress needs to publish on a blog…
Awesome US figures. Thought they deserved some love.
No one paid full price for a finished product. That was very clear when they bought it.
5 years ago, OEMs were charging 2-7k for simple TACC, either directly or indirectly through trim upgrades. Tesla was charging 3-5k for FSD 5 years ago. To expect a finished robotaxi for the same price as TACC is unreasonable, IMO, considering we knew it was a product in development. The cost is proportional to low / high risk of it being unfinished.
What does this have to do with investing?I'm in that last boat. Paid $7500 for EAP after delivery, and snagged FSD upgrade for 2k. So no complaints at all.
The only downside currently is that I would have upgraded my model 3 to a 2022 while waiting for my CT but the 15k FSD purchase (and not getting enough value on the used sale) killed it for me.
Exactly how many quarters will they be able to continue saying "Due to Parts shortages..." and get away with it?
Thanks for clarifying that Elon is a liar. Also Tesla made false statements on the order page saying: automatic driving on city streets available by end of 2019.Like I said, the cost of FSD is proportional to its likelihood of usefulness for the life of the car.
People expecting a true robotaxi for $5-10k are the one's that are dreaming.
What I'm saying has no relation to Elon's confidence about FSD at x, y, z point of time.