forums

Off-Topic Stock Market & Crypto Discussion

Advertisement
Bird4um said:
Anyone in Trade Desk? Held too long. Sold out of my position. Lost half. 🤮
Click to expand...
I’m still in it. Gotten good gains from it, but the last of my shares have taken a tumble. Don’t have much left so it doesn’t hurt as much.

Current avg is 58-60
 
Advertisement
www.businessinsider.com

Elon Musk buys $1 billion worth of Tesla shares as he looks to gain more control over the EV maker

Tesla's share price rose roughly 6% in premarket trading on Monday after an SEC filing revealed Musk's purchase.
www.businessinsider.com www.businessinsider.com

It’s gonna go after alltime highs.

IMG_3114.png
IMG_3117.png
 
Cmuri said:
www.businessinsider.com

Elon Musk buys $1 billion worth of Tesla shares as he looks to gain more control over the EV maker

Tesla's share price rose roughly 6% in premarket trading on Monday after an SEC filing revealed Musk's purchase.
www.businessinsider.com www.businessinsider.com

It’s gonna go after alltime highs.

View attachment 335695View attachment 335696
Click to expand...
Yeah this is his first time buying shares since 2020.
And he buys $1B shares worth and is about to get a potential $1T pay package (which I'd support given its so performance - based like his previous one)....

I will be interested to see if this stock goes down after Q3 earnings when the incenvitve goes away and sales substantially decline. IF FSD isn't bringing in insane revenue by the end of the year I can see another dip.... And if that happens I'll buy more, idgaf. If I'm betting on things in the stock market, I'm going to back Musk succeeding at reaching his milestones that gets him a $1T pay package, that'd require like a 8-10x to the stock price....
 
Calinative said:
Yeah this is his first time buying shares since 2020.
And he buys $1B shares worth and is about to get a potential $1T pay package (which I'd support given its so performance - based like his previous one)....

I will be interested to see if this stock goes down after Q3 earnings when the incenvitve goes away and sales substantially decline. IF FSD isn't bringing in insane revenue by the end of the year I can see another dip.... And if that happens I'll buy more, idgaf. If I'm betting on things in the stock market, I'm going to back Musk succeeding at reaching his milestones that gets him a $1T pay package, that'd require like a 8-10x to the stock price....
Click to expand...
Google hit all time high
 
Calinative said:
Yeah this is his first time buying shares since 2020.
And he buys $1B shares worth and is about to get a potential $1T pay package (which I'd support given its so performance - based like his previous one)....

I will be interested to see if this stock goes down after Q3 earnings when the incenvitve goes away and sales substantially decline. IF FSD isn't bringing in insane revenue by the end of the year I can see another dip.... And if that happens I'll buy more, idgaf. If I'm betting on things in the stock market, I'm going to back Musk succeeding at reaching his milestones that gets him a $1T pay package, that'd require like a 8-10x to the stock price....
Click to expand...
Lit.. lithium ETF hits all time highs. Has shares of Tesla.
 
Though I will say buying $1B in shares, which obviously would lead to the stock going up, which you own a large % of, is like a infinte money glitch lol. Like He could buy $1B in stock, it raises his net worth by a legit $40+B, and then he can take out loans on the new "worth" and literally have enough to fund 20 more presidential campaign investments lol. ***** kinda crazy.
 
Calinative said:
Though I will say buying $1B in shares, which obviously would lead to the stock going up, which you own a large % of, is like a infinte money glitch lol. Like He could buy $1B in stock, it raises his net worth by a legit $40+B, and then he can take out loans on the new "worth" and literally have enough to fund 20 more presidential campaign investments lol. ***** kinda crazy.
Click to expand...
As Tesla being my 2nd biggest position. I approve of this message lol
 
Advertisement
Calinative said:
Yeah this is his first time buying shares since 2020.
And he buys $1B shares worth and is about to get a potential $1T pay package (which I'd support given its so performance - based like his previous one)....

I will be interested to see if this stock goes down after Q3 earnings when the incenvitve goes away and sales substantially decline. IF FSD isn't bringing in insane revenue by the end of the year I can see another dip.... And if that happens I'll buy more, idgaf. If I'm betting on things in the stock market, I'm going to back Musk succeeding at reaching his milestones that gets him a $1T pay package, that'd require like a 8-10x to the stock price....
Click to expand...
Fed incentive going way helps them relative to their competitors, I think.

For the wealthy who may choose to switch from Tesla to German EV/Rivian/Lucid because of Musk the incentive doesn't matter since they made too much money to qualify. I'm not sure they're going to follow through on their threat: FSD far better than other brands and they'd be paying a pretty substantial price premium on a new EV and not sure they'd be getting better value. They're not going to switch back to an ICE car either.

For folks who qualified for the incentive (or would have) a Tesla much better value than getting a Ford/gm/Nissan/Kia EV, IMO. Also, since the tax bill zeroed out the penalty for CO2/emissions (whatever it was) there's not really an incentive for other automakers to produce loss making EVs to bank regulatory credits. Also no longer a market for Tesla to trade their surplus credits, which has been a big factor in their EPS.

I think from a market structure (stock) perspective if Tesla closes the quarter strong near or above the Q4 ATH it's going to squeeze way higher. It's pretty much the same setup as the end of Q4 '19 (bottomed years ago, chopped for years, average cost basis of short heavily underwater, etc). It went up 8.5x in a year then. Doubt it repeats that move but I think it'll be one of the better large caps to own over the next couple of years.
 
flips said:
Fed incentive going way helps them relative to their competitors, I think.

For the wealthy who may choose to switch from Tesla to German EV/Rivian/Lucid because of Musk the incentive doesn't matter since they made too much money to qualify. I'm not sure they're going to follow through on their threat: FSD far better than other brands and they'd be paying a pretty substantial price premium on a new EV and not sure they'd be getting better value. They're not going to switch back to an ICE car either.

For folks who qualified for the incentive (or would have) a Tesla much better value than getting a Ford/gm/Nissan/Kia EV, IMO. Also, since the tax bill zeroed out the penalty for CO2/emissions (whatever it was) there's not really an incentive for other automakers to produce loss making EVs to bank regulatory credits. Also no longer a market for Tesla to trade their surplus credits, which has been a big factor in their EPS.

I think from a market structure (stock) perspective if Tesla closes the quarter strong near or above the Q4 ATH it's going to squeeze way higher. It's pretty much the same setup as the end of Q4 '19 (bottomed years ago, chopped for years, average cost basis of short heavily underwater, etc). It went up 8.5x in a year then. Doubt it repeats that move but I think it'll be one of the better large caps to own over the next couple of years.
Click to expand...
I agree long-term. But no matter how you look at it there should be a pull forward of demand/volume to Q3 from Q4, and then Q1 is always the worst for develoveries. So it's certainly setting up for a below expected Q4 and possibly a horrible Q1. And then I'd think from there it'll be great especially since another 6m->1yr FSD will really start to take over...
 
Calinative said:
I agree long-term. But no matter how you look at it there should be a pull forward of demand/volume to Q3 from Q4, and then Q1 is always the worst for develoveries. So it's certainly setting up for a below expected Q4 and possibly a horrible Q1. And then I'd think from there it'll be great especially since another 6m->1yr FSD will really start to take over...
Click to expand...
I get what you're saying, but there's going to similar pull forwards for all EV sales. I doubt any of the EV makers (or divisions within Ford/gm/Kia & Hyundai) are going to offer firm guidance on deliveries for the next quarter without the incentive. They're all operating under the same conditions with the same immediate uncertainty, but I think Tesla's best positioned to weather the storm. Like I would be surprised if Polestar, Rivian, and Lucid are all around in a decade. They're also the only one who can point to substantial growing near future revenue streams from a)opening up the supercharger network to the flood of pulled forward EVs b)robotaxi
 
Back
Top