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I would contend that this has more to do with being a value investor than it does with market timing.
Anyone have a clue where Elon is/has been the past 2 weeks?
This Market is a POS. Swings up 2% on 300k shares traded, then drops when volume falls off cliff and market falls. What a freaking disgrace. Will someone please just get rid of Greece and end this stupidity?
Anyone have a clue where Elon is/has been the past 2 weeks? I really hope him or Blankenship have something meaningful to say during earnings. Let's hope he's not devoting too much time to Space X. I'm off to sleep for the next 10 hours, so you won't hear any more from me until after earnings. The weather today is complete rubbish. No point in being awake. I'm sure you guys will be thrilled to not hear from me for a while :tongue:
Yep, my 29.99 fired. That's the bulk of my money for the car in TSLA, so it's all up to the stock now as to whether or not I can actually buy the car come November-ish My theory is if the stock tanks then there's probably good reason not to get the car anyway (and I can live with my current car for a bunch of years if needed).For the very first time I have bought TSLA! At 29.9
I strongly believe that 90+% of the Tesla stock woes these last 2 days has been due to its association with the VERY disappointing RAV4-EV announcement.
It wasn't obvious to me and I follow Tesla. I thought it was disappointing given how often it's touted that Toyota is a partner with Tesla. If it's such a minor compliance thing, that's not worth touting much. If it's not a compliance thing, then the price and expected sales are disappointing.Really? You think anyone was really surprised that it was merely a compliance product? To me that was obvious from the beginning.
Really? You think anyone was really surprised that it was merely a compliance product? To me that was obvious from the beginning.
I just think TSLA is a volatile stock, and any sudden market movements are hugely amplified.
The partnership with Toyota got Tesla some access to their parts supply chain. That was the big win for Tesla.
I didn't think it was just a compliance car, I guess I had some blind faith that Toyota really was trying to be a greener and more responsible company since they are the first out with a Hybrid in the first place. Sadly you are right Doug, they wanted nothing more then a compliance product that will not sell and even worse, bring the EV market down further. I see this whole thing as a punch in the face from Toyota!
Welcome the real world! The stock market is not some idealized, predictable system like planets circling the sun and following Newton's laws. The market does NOT make sense and is NOT predictable. As for Greece, it's part of the same real world. Its woes are directly related to the credit crisis, which happened because mortgage sellers figured out a way to game the system and make a potload of money at the expense of the world's economy. Every decade or so, financial crooks figure out a way to do that. Always have, always will. It's part of the real world.This Market is a POS. Swings up 2% on 300k shares traded, then drops when volume falls off cliff and market falls. What a freaking disgrace. Will someone please just get rid of Greece and end this stupidity?
Space X is his principal interest. That's where his heart is. Don't invest in a company if you cannot accept the managers for who they are. Elon was running Space X and Space X was his bigger interest, long before you bought your shares of Tesla, so you've go no right or grounds to complain about how he spends his time.Anyone have a clue where Elon is/has been the past 2 weeks? I really hope him or Blankenship have something meaningful to say during earnings. Let's hope he's not devoting too much time to Space X.
I don't think the RAV4EV will hurt EV acceptance over all. Sure, it's disappointing that Toyota is not getting into EVs in a big way. But enough other companies are that if Toyota chooses to become irrelevant it will hurt nobody but themselves. The partnership still helps Tesla because it gives them some added street cred. Not to mention a little bit of cash flow and the NUMI factory, which was critically important.