You are forgetting that shorts sold borrowed shares. My guess is some short positions are being forced to close in order to return the shares to the lender. The lender is then selling the shares to stop their losses. Just my 2 cents.
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Bought at 279.33, will buy again if it continues to fall around 275-ish
mltv
Member
waiting for this for a long time: traded NVDA for TSLA 1:1.
Good idea, you seem to be a well-rounded and calm individual
New short term (pre earnings) target has a 26x. Save 10-20% of dry powder to buy in 25x range prior to Q4 earnings in 2019 or solid advancing higher highs over $310.
Does the term "don't try to catch a falling knife" mean anything to you? Why not wait for a solid plateau?
shlokavica22
Member
Driver Dave
Member
He gets cruelly attacked from guy with suspicious lifestyle.
He gets rightfully upset and points out the suspicious lifestyle. (I'm pretty sure he has more precise information that he isn't sharing)
And then he gets attacked more for pointing this out.
Wouldn't that drive you bonkers?
If Elon is correct, and I suspect there is a strong chance he is, the media is getting mad at him and not the pedo.
Isn't that crazy?
It's like saying Larry Nassar is a bad man. And people attack *you* for it.
Now if it is totally baseless, yes, not good of course, but I strongly suspect there is some strong basis to all of this and Elon didn't just make it all up.
Maybe if the guy gets arrested the stock will pop back up.
What a crazy ride this is.
Regardless of all this TMZ like nonsense, Q3 numbers will be good, and away we go again back up.
Chartered321
Member
The way certain humans react to stock price movements with greed and fear it amazes me...
Krugerrand
Meow
Adding to my earlier rebuttal: they do when a few billion is quite likely to turn into a lot of billions. That’d simply be called investing.
Kind of like when Daimler gave Tesla $50M way back in 2008 when Tesla was going to go bankrupt without that cash infusion and then a few years later were rewarded with hundreds of millions. Daimler got a board seat at some point back then, which didn’t provide them any kind of particular control. If I recall correctly, that seat voted with the rest of the board every single time. Later Daimler was rewarded with hundreds of millions and the board seat went bye-bye.
The real kicker is that back then when Tesla was private and the recession hit there was a really good chance they’d fail and Daimler would lose their investment. All of us long term retail investors thank Daimler everyday for the risk they took. We also never understood why they got out right when things started to come together for Tesla. I’d have loved to be a fly on the wall when those decisions were made. While they got paid handsomely for the initial investments, if they’d stayed they’d have a crap ton more return. I believe there was some sort of changing of the guard at Daimler at that point that may have been the reaon for the cashout. One of the oldie members might recall better than I.
Now, those that were wanting to get a piece of a private Tesla were about as guaranteed of turning their investments into a grossly ridiculous pile of money as can happen in business. Demanding control over Tesla would have been greedy. Maybe you ask because you just have to ask as a matter of principle, but if you think there was any chance to take control you hadn’t been paying attention. That’s called Bachelor Degree of Elon Musk 101.
A weak, sleepless, Musk combined with a share price below 300$ could be a possible door opener for a hostile take over. A Premium of more than 60% or so could be hard to resist for most share holders.
Why those who were willing to pay 420 for "guaranteed of turning their investments into a grossly ridiculous pile of money" are not buying now? Paying 280 instead of 420 would turn the investment into even more grossly ridiculous pile of money.
Ps. you're using that word again.. You give a lot of guarantees.
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Daimler and VW had very clear motives for their actions. Surprised you cannot see them.
TintDepot.com
Member
WentOffGrid
Member
corduroy
Active Member
Bought more @$280. First time adding stock as a car owner!
Krugerrand
Meow
You’re making more out of it than needs be. Everyone has a different definition of good experience and bad experience. I’ve seen someone complain because there wasn’t any coffee and that hit their bad radar.
Here’s the truth of it; people will be people. They love to tell a good story and will embellish to make it a great story. They love to tell a bad story and will embellish to get boatloads of sympathy. Somewhere in the middle will be the truth.
People tell of horror stories from dealerships, yet they keep buying from them - for decades. And no, they don’t change brands because of it. They change brands when the car they take home gives them more trouble than they are willing to deal with over whatever period of time matches their patience.
My delivery experience was a whatever moment in time. Could have been better, could have been worse. In the end completely irrelevant because the car I bought is da bomb! I will for sure be buying a Y. Probably a pickup at well. And that Roadster will take all my willpower to passby. Maybe used. The spouse has already been all over my butt wanting to upgrade the 3. I can only hold them off so long.
The delivery experience passes real quick when the product is as badass as it is. That’s the truth of people; short memories and what have you done for me lately. Those handful that stomp off because the delivery service wasn’t fit for royalty are generally pain in the butt customers anyway that cause more hassle than they are worth.
And yes, of course I think Tesla should continue to work on and improve the efficiency, consistency and pleasantness of the delivery experience for its customers.
MartinAustin
Active Member
I've also been thinking this. The media still has to put it together. Congratulations Singuy for saying it first
Tesla will be showing off their Model S & X based off 21-70 batteries by the time the Mercedes is coming to market. (There will probably be a production stoppage and some advance warning due to the massive factory overhaul.) There may be a "dual-layer battery" and "single-layer battery" version of the platform, so you can get your 300-mile-ish range, or something approaching 600 miles. (note these cars are larger and don't have the aerodynamics of the Roadster 2.0 so don't expect a guaranteed 600 miles of range). The competitors, and their 180-to-250-mile range options, will look terrible.
Back to TSLA!!! I bought some at $290.00 yesterday and some at $280.00 this morning. Expecting later this year I will see nice profits on those lots.
It's weird to see zero coverage of TSLA stock in the media, despite the downward movements.
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