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Will teslas stock price play a factor in your ability to buy the model 3.

Discussion in 'Model 3' started by DQ10, Jun 26, 2016.

  1. DQ10

    DQ10 Member

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    In my case it would. I don't need to buy the model 3 or the S60d but being older it would be hard for me to rationalize buying if the stock was not in the $300 range.
     
  2. Tiberius

    Tiberius Member

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    #2 Tiberius, Jun 26, 2016
    Last edited: Jun 26, 2016
    No. I might regret this, but what is the correlation between stock price being $300+ (over 10x the current GM stock price) and you buying a car you apparently don't need anyway? Elon himself said he felt the stock was overweight when it first broke the $200 mark.

    You either like the car and trust that Tesla will be able to effectively support it or you don't.
     
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  3. strykeroz

    strykeroz Member

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    You've got me intrigued too. Are you intending to cash out Tesla shares to buy your next car?
     
  4. JeffK

    JeffK Active Member

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    These two things are unrelated no matter how old you are. If stocks are your only source of income and/or you have other gambling problems I might point you to the National Problem Gamblers Helpline at 1-800-522-4700.

    The stock price has more to do with how people perceive the company vs how the company is actually doing. The stock price should have zero impact on your ability to purchase the car. If it does, then you probably cannot responsibly afford the car in the first place.

    I'm with the others in wanting you to explain further. You said you're older so I'll give you the benefit of the doubt that you make wise decisions financially. Assuming you have the cash on-hand, can you elaborate as to why the stock price would affect your decision?
     
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  5. FirstSea

    FirstSea Member

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    No, I have Tesla stocks because I trust the company's future, plus I don't see the stock reaching +$300 until the 3 begins to be delivered.
     
  6. bonnie

    bonnie Oil is for sissies.

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    In fairness to the OP, there are many people on this forum who have said that TSLA stock paid for their car. If the OP has his/her retirement well laid out and made an investment in TSLA in the hopes of using a future profit to buy a Model 3, it wouldn't be the first time on this forum. It doesn't make it a bad decision nor is it indicative of a gambling problem - it simply means that some people are only rewarding themselves with a Model 3 IF a particular investment pays off. It could be TSLA, could be another stock, could be some real estate.
     
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  7. Tiberius

    Tiberius Member

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    I wouldn't say I'm intrigued... more like bewildered.

    So far, OP only said he's watching the stock price. Let's not roll out the jump to conclusions mat quite yet.
     
  8. Krugerrand

    Krugerrand Active Member

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    Yeah, let's not roll out the jump to conclusions mat quite yet:

    You either like the car and trust that Tesla will be able to effectively support it or you don't.

    If stocks are your only source of income and/or you have other gambling problems I might point you to the National Problem Gamblers Helpline at 1-800-522-4700.
     
  9. JeffK

    JeffK Active Member

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    #9 JeffK, Jun 26, 2016
    Last edited: Jun 26, 2016
    Marty the Dahlquist DQ10 fan is 65 and has been trading a long time. What is it, since you were about 12 or 13 years old (1963)?

    For the last two years, you've been saying you're going to get a Tesla because of lower maintenance costs and Tesla's lack of dealerships. You even went to Burbank at 7 in the morning to wait in line for your reservation.

    Like me, you have a Gen II prius. I know you have to be excited about the Model 3, I know I am. You aren't going to really let the stock price stop you and truly affect your purchase, are you?
     
  10. Tiberius

    Tiberius Member

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    #10 Tiberius, Jun 26, 2016
    Last edited: Jun 26, 2016
    "You either like the car and trust that Tesla will be able to effectively support it or you don't." = FACT

    "If stocks are your only source of income and/or you have other gambling problems I might point you to the National Problem Gamblers Helpline at 1-800-522-4700." = JOKE (that someone else made, btw)
     
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  11. Krugerrand

    Krugerrand Active Member

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    :rolleyes:

    In fairness to the OP, there are many people on this forum who have said that TSLA stock paid for their car. If the OP has his/her retirement well laid out and made an investment in TSLA in the hopes of using a future profit to buy a Model 3, it wouldn't be the first time on this forum. It doesn't make it a bad decision nor is it indicative of a gambling problem - it simply means that some people are only rewarding themselves with a Model 3 IF a particular investment pays off. It could be TSLA, could be another stock, could be some real estate. = NOT JUMPING TO CONCLUSIONS
     
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  12. Dwdnjck

    Dwdnjck Member

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    I am hoping it pays for an X, not just a 3.
     
  13. bonnie

    bonnie Oil is for sissies.

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    You may have missed the other posts in this thread that I was responding to ...

     
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  14. Doug_G

    Doug_G Lead Moderator

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    • Like x 1
  15. ohmman

    ohmman Maximum Plaid Member

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    mod note: one post moved to snippiness. Please, let's discuss the topic and not the participants.
     
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  16. Warrentt

    Warrentt Member

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    For me no.

    As long Tesla doesn't go bankrupt from acquiring Solar city then it shouldn't affect how people buying the Model 3 unless your sole of method of finance is from using the profit to purchase the car.

    On Teslsa forum, one poster thought/expect Telsa stock should reach $1000 in 5 years or so:rolleyes:
     
  17. Tiberius

    Tiberius Member

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    Ok thanks for chiming in, very constructive. Do you have something to add?
     
  18. Krugerrand

    Krugerrand Active Member

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    Nope, I'm good if you're good. ;)

    Adding: I saw what you posted. Very mature of you.
     
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  19. bonnie

    bonnie Oil is for sissies.

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    Thanks, o. :)

    fyi, I always enjoy the display of maturity when, finding a name-calling post is disliked, a person retaliates by 'well I'll dislike all of your posts in this thread!'.

    Adorable.
     
  20. N5329K

    N5329K Member

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    No, it won't have any effect on my ability to buy it, but it may well have an effect on my willingness. The past is littered with companies that had a great idea, great execution, but then made a bad turn, a bad call, and died. Stock prices are a pretty good measure of how a company is perceived. It's not everything by a long shot. But I'll be watching the Solar City hugger mugger closely and with a special eye to any bleed through in Tesla's ability to deliver the Model 3.
    Robin
     
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