Drumheller
Active Member
I am shocked that I am posting a Gary Black tweet but this one delivers entertainment value.
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
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GrandEnigma
Member
3hrs into the day and we are trading flat, how boring.
this has been happening for years for those who buy a Tesla and realize the profundity of the EV revolution
I hope you guys are dusting off those Sparta memes. We may need them soon.
Welcome to the winning team!
funny how the advertising drum beat stops when the stock is back on a roll ...
We just stopped at the Superchargers with Magic Dock in Verona NY. There are 12 Superchargers. There was one other Tesla there and no other cars. There is definitely plenty of room for more utilization in Upstate NY.
(This is the site where the Tesla sales center will be opening at Turning Stone Casino).
Edit: Same in Parish NY... 8 superchargers and we're the only car here. First time traveling with bikes on the Y. Big hit to range, so we made an extra stop.
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I am deeply concerned that I may be shaping young minds.
No /s?
My ticker showing +5.6%. Maybe yours is broken. Try unplugging it and plugging it back in!
jkirkwood001
Active Member
Todd Burch
14-Year Member
I try to like Gary Black because he's usually supportive of Tesla, but I find every time that he just becomes another Wall St talking head who speaks as if he knows the cause for every rise and fall in the stock, but really doesn't. Easy when there's no way to prove anything one way or another.
He's too wishy-washy for me. I like my bulls strong, with steel balls, who flinch at nothing.
He's too wishy-washy for me. I like my bulls strong, with steel balls, who flinch at nothing.
The disconnect back then was that he had a significant number of highly lucrative investments, including several in closely related fields. While applauding the efforts back then he wasn't convinced TSLA was the best way for him to go. Given his record I would not argue.
Now the situation is very different, not least because his view of current events is that TSLA is rapidly becoming a global standard of excellence.
For most of us who were in in 2011-2015, TSLA has been far more a choice of conviction than it was a rational choice of risk and reward. For me at the time, bluntly, I removed money I'd put in Kiva loans and put it in TSLA. That is, I was prepared to lose it all. My friend shared empathy for that choice was was not prepared to make a similar choice.
Now, however, all the early logic still applies but now a hard-headed rational money management perspective sees a company that is more profitable than any peer, growing quickly, but now successfully becoming a utility-like franchise, but with massive upside.
Bluntly, When Ford and GM capitulate everyone, not just EV fans, sees huge upside. When the same people see that Tesla is now a public utility participant, in the unregulated sphere...they suddenly realize they've a huge growth opportunity that has been ignored by nearly everyone.
So that has been the impetus for the change my friend's thinking, as I understand it.
Just in case not everyone understands, a change in BlackRock perspective is more influential than perhaps any other single investor. In honesty I must admit I have some historical bias that influenced this post.
I am starting to see more teslas around here lately, but I fully expect sales to pick up now that there is a Delivery Location that isn't 4+hours away. Plus, there is supposedly a Service center opening up here in Syracuse soon which will help with sales as well. I have talked to a lot of people over the years that have been hesitant to buy a Tesla due to having no service centers nearby.
Lucky timing.
My portfolio is still down about $3million compared to January of 2022. (and that is pretty much all attributed to TSLA, stock + options)
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There is a large dose of rumor is such conclusions. Apple makes hefty profit on new product sales. They do not subsidize anything. The major OEM's make money selling vehicles, although they lose money one some of them. The notion that parts and service pay for the product is false. Parts and service add to the profitability, and to tend to be more stale than are new vehicle sales.
The only categories in which products are intentionally sold at a loss to generate long term profits are those which have ver expensive closed system support. Typical honest example as printers, access devices (e.g. cable boxes, decoders, military equipment in some categories when sold with long term support contracts.)
We should realize that 'loss leaders' exist only when the outcome has net-certain follow-on benefit and when the seller is desperate.
TesslaBull
Member
Drumheller
Active Member
GrandEnigma
Member
Looks like the mid day fight will be to shove it below $245 to protect all those $250 calls from hitting.
Welcome to the future - now go get those referral rewards
Check loot box on top right area of your tesla mobile app.
Every drive will remind you of how unbelievable it is that so many people don't know how this feels yet.
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