Why are people loosing faith in Musk?
Tesla tanking
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249 Replies |
Last: 1 yr ago by hph6203
because you can't tell the difference between "loose" and "lose"
It's all your fault.
Also, their valuation was well above P/E and there are better more disruptive ventures to get involved in like HUMBL.
It's all your fault.
Also, their valuation was well above P/E and there are better more disruptive ventures to get involved in like HUMBL.
About time. Just a stupid valuation.
Valuation way too high and increased competition. It makes zero sense why Tesla should ever be valued at more than the combined value of world's 7 largest auto makers. They've done a lot for EVs, but they will never dominate the entire auto industry once the traditional car makers make the switch.
AggieFrog said:
Valuation way too high and increased competition. It makes zero sense why Tesla should ever be valued at more than the combined value of world's 7 largest auto makers. They've done a lot for EVs, but they will never dominate the entire auto industry once the traditional car makers make the switch.
Which they already are posturing to do so. How many Tesla's have you even seen driving around?
I seem them everywhere in DallasTibbers said:AggieFrog said:
Valuation way too high and increased competition. It makes zero sense why Tesla should ever be valued at more than the combined value of world's 7 largest auto makers. They've done a lot for EVs, but they will never dominate the entire auto industry once the traditional car makers make the switch.
Which they already are posturing to do so. How many Tesla's have you even seen driving around?
TxAG#2011 said:I seem them everywhere in DallasTibbers said:AggieFrog said:
Valuation way too high and increased competition. It makes zero sense why Tesla should ever be valued at more than the combined value of world's 7 largest auto makers. They've done a lot for EVs, but they will never dominate the entire auto industry once the traditional car makers make the switch.
Which they already are posturing to do so. How many Tesla's have you even seen driving around?
30,000 dollar millionaires.
They stand out and I see more all the time, but still very small percentage of total vehicle sales. They sold 500k vehicles in 2020 - Toyota alone sold 2.1M in the US in 2020. All Tesla sales in 2020 is roughly equivalent to the number of Rav4s sold in 2020.TxAG#2011 said:I seem them everywhere in DallasTibbers said:AggieFrog said:
Valuation way too high and increased competition. It makes zero sense why Tesla should ever be valued at more than the combined value of world's 7 largest auto makers. They've done a lot for EVs, but they will never dominate the entire auto industry once the traditional car makers make the switch.
Which they already are posturing to do so. How many Tesla's have you even seen driving around?
Not enough. I'd happily buy your bitters if you promise to deliver them to my house in a Tesla.Tibbers said:AggieFrog said:
Valuation way too high and increased competition. It makes zero sense why Tesla should ever be valued at more than the combined value of world's 7 largest auto makers. They've done a lot for EVs, but they will never dominate the entire auto industry once the traditional car makers make the switch.
Which they already are posturing to do so. How many Tesla's have you even seen driving around?
deadbq03 said:Not enough. I'd happily buy your bitters if you promise to deliver them to my house in a Tesla.Tibbers said:AggieFrog said:
Valuation way too high and increased competition. It makes zero sense why Tesla should ever be valued at more than the combined value of world's 7 largest auto makers. They've done a lot for EVs, but they will never dominate the entire auto industry once the traditional car makers make the switch.
Which they already are posturing to do so. How many Tesla's have you even seen driving around?
Done deal. I'll tape a "T" to my car. You'll never know the difference!
The stock is fairly valued with it's Q4 2058 earnings estimates after Space X allows Tesla to be the sole transportation provider on Mars.oldarmyjess66 said:
Why are people loosing faith in Musk?
Good time to buy the dip.
When you see the bears crawl out like this it usually isMedaggie said:
Good time to buy the dip.
Tesla is about as likely to ever have fundamentals that match its current value as GameStop.TxAG#2011 said:When you see the bears crawl out like this it usually isMedaggie said:
Good time to buy the dip.
and?AggieFrog said:Tesla is about as likely to ever have fundamentals that match its current value as GameStop.TxAG#2011 said:When you see the bears crawl out like this it usually isMedaggie said:
Good time to buy the dip.
Look at market techincals. Most of the stocks that had damn near parabolic moves during COVID are taking it on the chin during this correction in tech. TSLA is getting hit hard, but so are others. TSLA will see highs again before it sees lows again.
TxAG#2011 said:and?AggieFrog said:Tesla is about as likely to ever have fundamentals that match its current value as GameStop.TxAG#2011 said:When you see the bears crawl out like this it usually isMedaggie said:
Good time to buy the dip.
Buying Tesla shares is pure speculation, not investing. It will come crashing back to earth eventually.
What is 'back to earth'? Are you saying that TSLA isn't long for this world? Because there are several busted hedge funds that said the same thing and Musk is laughing his ass off as the 2nd or 3rd richest person in the world.AggieFrog said:TxAG#2011 said:and?AggieFrog said:Tesla is about as likely to ever have fundamentals that match its current value as GameStop.TxAG#2011 said:When you see the bears crawl out like this it usually isMedaggie said:
Good time to buy the dip.
Buying Tesla shares is pure speculation, not investing. It will come crashing back to earth eventually.
The entire tech market is in a correction. Do you think TSLA will revisit 52wk lows or 52wk highs first?
I'm not biased in this as I own no TSLA shares, However I do day trade the **** out of it regardless of which direction it is going.
Irish 2.0 said:What is 'back to earth'? Are you saying that TSLA isn't long for this world? Because there are several busted hedge funds that said the same thing and Musk is laughing his ass off as the 2nd or 3rd richest person in the world.AggieFrog said:TxAG#2011 said:and?AggieFrog said:Tesla is about as likely to ever have fundamentals that match its current value as GameStop.TxAG#2011 said:When you see the bears crawl out like this it usually isMedaggie said:
Good time to buy the dip.
Buying Tesla shares is pure speculation, not investing. It will come crashing back to earth eventually.
The entire tech market is in a correction. Do you think TSLA will revisit 52wk lows or 52wk highs first?
I'm not biased in this as I own no TSLA shares, However I do day trade the **** out of it regardless of which direction it is going.
Do I think Tesla will be around in 20 years? I'd bet 50/50 that it won't. By back to earth I mean a share price that reflects the reality of what it actually produces, which is a fraction of its current price. That might be in a few months or years, who knows. But the valuation right now is unrealistic.
If Tesla opened 50% lower tomorrow I wouldn't touch it. Not a stock I want to own. Too much competition on the horizon and the whole "it's more than a car" thing is a bunch of bs. Wait till GM and all the others pop up. Won't be long.
So all these other tech companies like apple and roku are also pure speculation also? Why are they crashing?AggieFrog said:TxAG#2011 said:and?AggieFrog said:Tesla is about as likely to ever have fundamentals that match its current value as GameStop.TxAG#2011 said:When you see the bears crawl out like this it usually isMedaggie said:
Good time to buy the dip.
Buying Tesla shares is pure speculation, not investing. It will come crashing back to earth eventually.
That's cool. I personally like buying stocks that make me money.Hendrix said:
If Tesla opened 50% lower tomorrow I wouldn't touch it. Not a stock I want to own. Too much competition on the horizon and the whole "it's more than a car" thing is a bunch of bs. Wait till GM and all the others pop up. Won't be long.
Same. Would much rather own AAPL or AMZN at these levels. GL!
Cathie Wood of ARK was on CNBC Monday talking about Tesla. She said they invented their own AI chip and are way ahead of Nvidia. She also said they have so much more data than everybody else and will dominate autonomous driving vehicles, which will be huge. She went on to say Tesla is so far ahead of everybody else the others will never catch up.
I was very impressed to learn Tesla could repair your car remotely by accessing your software.
Initially I made the mistake of valuing Tesla as a car company. Now I view Tesla as a technology company, invented and run by a genius that is changing the world. Musk is also Tesla's largest shareholder so his money is where his mouth is.
This summer we were in our boat in the Gulf awaiting the return of one of Musk's spaceships which was landing on a dime out there. And I thought "I'm making a mistake not investing in this genius". I finally bought the stock at $314.
I was very impressed to learn Tesla could repair your car remotely by accessing your software.
Initially I made the mistake of valuing Tesla as a car company. Now I view Tesla as a technology company, invented and run by a genius that is changing the world. Musk is also Tesla's largest shareholder so his money is where his mouth is.
This summer we were in our boat in the Gulf awaiting the return of one of Musk's spaceships which was landing on a dime out there. And I thought "I'm making a mistake not investing in this genius". I finally bought the stock at $314.
Quote:
Tesla is so far ahead of everybody else the others will never catch up.
Lol "Never".
This is a valid take. Maybe not perfect, time will tell. But it's most definitely not just a car company. For example TESLA is also getting into the home power backup market with their Powerwall units. Right now you can go to Tesla.com/powerwall, enter your address and monthly utility bill and they will tell you the installed cost of solar panels for your home, the cost of however many Powerwalls it will take to support your home off the electric grid for in my case 10 days and any tax or utility incentives that may be available. IMO they will find countless other ways to leverage their head start in rechargeable battery technology and be a strong performer for a lengthy period of time.pfo said:
Cathie Wood of ARK was on CNBC Monday talking about Tesla. She said they invented their own AI chip and are way ahead of Nvidia. She also said they have so much more data than everybody else and will dominate autonomous driving vehicles, which will be huge. She went on to say Tesla is so far ahead of everybody else the others will never catch up.
I was very impressed to learn Tesla could repair your car remotely by accessing your software.
Initially I made the mistake of valuing Tesla as a car company. Now I view Tesla as a technology company, invented and run by a genius that is changing the world. Musk is also Tesla's largest shareholder so his money is where his mouth is.
This summer we were in our boat in the Gulf awaiting the return of one of Musk's spaceships which was landing on a dime out there. And I thought "I'm making a mistake not investing in this genius". I finally bought the stock at $314.
A fearful society is a compliant society. That's why Democrats and criminals prefer their victims to be unarmed. Gun Control is not about guns, it's about control.
My financial advisor thinks Tesla at $560 is the buying opportunity of a lifetime. He didn't feel that way when you could get it a year ago at $350 pre-split and it's up 9x in a year.
EV play is a speculative bubble. Lots here made a killing early on so congrats! That's part of the rise of this stock. I think that part of the stock will crater in due time
EV play is a speculative bubble. Lots here made a killing early on so congrats! That's part of the rise of this stock. I think that part of the stock will crater in due time
LOYAL AG said:This is a valid take. Maybe not perfect, time will tell. But it's most definitely not just a car company. For example TESLA is also getting into the home power backup market with their Powerwall units. Right now you can go to Tesla.com/powerwall, enter your address and monthly utility bill and they will tell you the installed cost of solar panels for your home, the cost of however many Powerwalls it will take to support your home off the electric grid for in my case 10 days and any tax or utility incentives that may be available. IMO they will find countless other ways to leverage their head start in rechargeable battery technology and be a strong performer for a lengthy period of time.pfo said:
Cathie Wood of ARK was on CNBC Monday talking about Tesla. She said they invented their own AI chip and are way ahead of Nvidia. She also said they have so much more data than everybody else and will dominate autonomous driving vehicles, which will be huge. She went on to say Tesla is so far ahead of everybody else the others will never catch up.
I was very impressed to learn Tesla could repair your car remotely by accessing your software.
Initially I made the mistake of valuing Tesla as a car company. Now I view Tesla as a technology company, invented and run by a genius that is changing the world. Musk is also Tesla's largest shareholder so his money is where his mouth is.
This summer we were in our boat in the Gulf awaiting the return of one of Musk's spaceships which was landing on a dime out there. And I thought "I'm making a mistake not investing in this genius". I finally bought the stock at $314.
What's the advantage of the power wall vs a generator? Just that I don't need to keep diesel around?
You sell power back to grid with autobidder
You'd be wrong
Most folks who are buying power walls and panels. Also own 20kw home generators.
Tesla is a tech company - research V2X.
I am not disputing current valuation as a car company. Just suggesting widening your aperture
I am not disputing current valuation as a car company. Just suggesting widening your aperture
You don’t trade for money, you trade for freedom.
$30,000 Millionaire said:
Tesla is a tech company - research V2X.
I am not disputing current valuation as a car company. Just suggesting widening your aperture
Take Revenues R:
R = C + E + O
R = Total Revenue
C = car sales
E = emission sales
O = all other sales
Can you do the work for us and find the values for the above variables and then divide O by R and tell us what the resulting ratio is?
O / R = ?
Then let's make a visual pie chart of these three slices:
O, C and E.
Once we have the data in front of us, make the case for the value of technology Tesla has that would fall into the Other category.
Champ Bailey said:LOYAL AG said:This is a valid take. Maybe not perfect, time will tell. But it's most definitely not just a car company. For example TESLA is also getting into the home power backup market with their Powerwall units. Right now you can go to Tesla.com/powerwall, enter your address and monthly utility bill and they will tell you the installed cost of solar panels for your home, the cost of however many Powerwalls it will take to support your home off the electric grid for in my case 10 days and any tax or utility incentives that may be available. IMO they will find countless other ways to leverage their head start in rechargeable battery technology and be a strong performer for a lengthy period of time.pfo said:
Cathie Wood of ARK was on CNBC Monday talking about Tesla. She said they invented their own AI chip and are way ahead of Nvidia. She also said they have so much more data than everybody else and will dominate autonomous driving vehicles, which will be huge. She went on to say Tesla is so far ahead of everybody else the others will never catch up.
I was very impressed to learn Tesla could repair your car remotely by accessing your software.
Initially I made the mistake of valuing Tesla as a car company. Now I view Tesla as a technology company, invented and run by a genius that is changing the world. Musk is also Tesla's largest shareholder so his money is where his mouth is.
This summer we were in our boat in the Gulf awaiting the return of one of Musk's spaceships which was landing on a dime out there. And I thought "I'm making a mistake not investing in this genius". I finally bought the stock at $314.
What's the advantage of the power wall vs a generator? Just that I don't need to keep diesel around?
Solar charge.
The fanatic prepper would have both.
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