OT: Tesla Stock ?

1) No Never
2) This is a company that is trying to sell the sizzle, there is no steak, and no prospects to become profitable, as long as the founder Elon Musk continues to take the profits from the automobile company and use them as his own personal piggy bank to fund his vanity projects.

"... no prospects to become profitable, as long as the founder Elon Musk continues to take the profits from the automobile company and use them as his own personal piggy bank to fund his vanity projects ..."

Yeah - supposedly he mentioned at one point that his reason for Tesla was to he could fund this true-passion of space-travel and putting people on Mars.

^ Don't forget he also is building a subway in I think Los Angeles with another company he calls the Boring Company !

^ yeah

Actually would be interesting if he built a few strip clubs while he was at it

They are a tech company sure.

Tech is more overvalued right now than it ever was at the peak of the tech bubble in 1999. I rode TSLA from 350 to 1000 the first time and made a lot of money, which I then lost when it went back to 350. Volatile does not even begin to explain that stock. I have about 20% of my stuff in TQQQ, TSLA and ZM short positions with a little VIX long. I am net long on tech though might as well try to fit into the clown car and shoot for 6000= p/e ratios.

To make money on an individual stock, you need to be smarter and more knowledgeable than other investors. Like the hundreds of Wharton and MIT finance graduates working 80 hours a week, splitting their time between crunching numbers on Wall Street and visiting Tesla plants, suppliers, and dealers. You know, the characters portrayed on the TV series Billions.
And, you are going to time Tesla purchases and sales better than these people ?

Absolutely I would put my picks head to head against theirs. Most actively managed funds can’t even beat an index fund and robinhood traders buying bankrupt companies have made money while billionaires have lost billions. The market does not give a fuck about your education, research, stock fundamentals etc. It’s a goosed casino has been for at least 2 decades now.

I actually feel bad for sell-side analysts right now lol

Game is rigged, so yeah buy. Tesla, Amazon, Apple, Starbucks, Microsoft.

Im too poor to invest in individual stocks i prefer rental properties

Dont listen to Mark, by now you should know that they get bailed out if they fail

AT&T *Dividens

@scrub

Are you a holder, or buyer, of TSLA?

👍

TSLA is now worth more than Toyota. It’s a crazy world.

The day they’re allowed in the S&P without any significant earnings or profit is the day I go full Ron Paul and buy silver dimes or some shit

I’ve been divesting equities and buying commercial real estate for the last 2&1/2 years now b

^ REIT or outright buying property as its sole owner?

^ With a few different partners and a few as sole owner, if you have an interest talk to me

Tesla bought the solar enterprise and doesn't turn a profit from it. Batteries is a very competitive business. Branding of the name with other products is probably their biggest competitive edge.

There is allot of dreams and hope in that stock price. Just because you make a good product doesn't ensure success. Profitability through good planning and management must follow.

I just see more appealing stocks that have a better/safer risk-reward.

"... With a few different partners and a few as sole owner, if you have an interest talk to me ..."

No dinero right-now, all in the market (god help me) - but def would like to pick your brain about it sometime and get some knowledge about it - gracias

De nada

Everybody, and their brother, is getting into electric, autonomous cars. Unlike Tesla, these other car manufacturers are setting up highly automated manufacturing systems to produce a high volume of cars with modern quality control. Plus, they already have a worldwide dealer network to sell and service cars.

Five years from now, all the current major combustion engine companies will have multiple all-electric models. The vehicles will be designed with all the lessons learned by Tesla. Their build quality will be superior to Tesla and, if anything goes wrong, there will be a service center nearby. They will use high volume and automation to bring the price point down.

Go back to the days of the Model T. Before then, cars were made in lower volume, at higher prices, with inconsistent quality. Ford built a huge plant and revolutionary manufacturing techniques to drive the niche players out of business. Tesla is a modern day example of those niche players.

I’m seriously looking at Hyliion right now. They have an actual product unlike the pump and dump known as Nikola. Can integrate with existing diesel trucks and has double the range and equal torque and acceleration of TSLAs EV semi.

TSLA sigh.

^ feels like 1998 all over again

Telsa is a few moves from decimating the car industry. And no im not fanboy. Give them 2 years and a 600 mile battery and its goodbye gas guzzlers. However Tesla could be another case of Blu Ray. 10 years of supremacy before autonomous cars become the norm and noone feels the need to invest in a car. the younger generation doesn't feel the need to go on long drives as it takes away from creating tik toks.

Sold a stake to lock in a 2x return and letting the remainder ride.

They aren't an auto company. They are a battery technology company that defies all the metrics.

It's also trading at 333 P/e compared to Apple's 25. Not saying it's a dumb buy but they sure as fuck better start backing this pixie dust shit up with some huge earnings.

^Tesla is about the sizzle if you want steak look elsewhere

I think they will go away like other car companies. Anyone want to buy some Willies stock?

If you had bought $5,000 of Tesla when this article posted in July 2020 at 652.81 you would have $7,402 at 966.41 today (Dec 13, 2021). Who said you don’t get great advice from TUSCL?

^ TSLA was trading around $300 in July 2020. Then, it was $850 in Jan 2021. If you bought in July, you look like a genius. If you bought in January, you’ve underperformed index funds.

As the sales departments of mutual funds have learned, you can “prove” almost anything if you are allowed to pick the starting date for a comparison.

You could say similar things about Bernie Madoff's clients. Until he got arrested.

My favorite idea right now is RICK. They released Q4 and FY2021 results today (Q4 ended 9/30/21). I view RICK as highly asymmetrical: far more upside potential than downside risk. I wish that I had started accumulating sooner; I've been accumulating in the 60s and will continue accumulating under 70.

To me, Tesla is the opposite of RICK. It has more downside risk than upside potential IMO. I can see RICK going 2x or 3x from here. I don't see Tesla going 2x or 3x; again, I see Tesla with way more downside risk.

But great decision to invest in Amazon/Facebook/Microsoft/Google. My portfolio would be much stronger if I had a much larger allocation to those winners.

I invest in index funds, with a little dabbling in Apple. Over the last 10 years, I’ve averaged 14% return. Could I have done better if I’d invested more in individual stocks ? Maybe, but not likely. Would I have done better with crypto ? If I’d gotten in early enough, absolutely.

But, 14% has been more than enough to steadily gain wealth. And, I have spent no time worrying about my investments. Simple. No stress. Good enough for me.

Tesla is popular and not a bad investment. The company and Musk the news a lot and it's very "sexy" for that reason.

Consider also the more boring but growth-oriented cyber security business sector. It has performed well for me.

I keep my retirement funds in an index and don't play with that.

I don't have the right temperament for meme stocks, I'm a fundamental value guy though I've done pretty well in a closed end tech mutual fund (FTEC).

My professional sector is life sciences and pharmaceuticals. That's the only place where I "pick stocks," and I do reasonably well there.

Most traders and investors have no idea what they're up against: sophisticated algorithms, armies of experts, and a lot of insider information circulating.

I just buy mutual funds. I'm going to run out of time before I run out of money. Amazon/Facebook/Microsoft/Google all have good cash cows at their core. They are all starting wildly speculative new businesses. Some logic to that, they know they were disruptors, and don't want to get disrupted by others. But if they are financing their speculative businesses by offering lots more newly-issued common stock, that's a big red flag.

"Huge play in batteries and solar"

They were early to the party and innovative.

But now that industrial giants are entering the market they won't have much of a future there.

Those Tesla roofs look cool, tesla wall sounds cool. But try and order one... Even with the astronomical price tag, good luck getting it delivered.

Their cars are great. Read about there assembly issues. The process is so poorly engineered they've got employees claiming workplace injuries from repetitive tasks in awkward positions. This is not high tech robotic manufacturing that all their competitors are experts in.

Every time they announce something, there's a huge waiting list of people signing up to get it in like 2 years. That's a good thing for them, mostly, but really, ford announced the e mustang and was delivering them in months...

The excitement creates speculation which pumps there stock which makes a bunch of gamblers money. It could do the same for you. Maybe?

As opposed to say Amazon, everything thinks is a retail company, tuesday they announced a cloud service interruption and look at the news of all the shit that was down, and those are just the very public facing internet services, never mind all the internal company application outages disrupting productivity all over the country.

Microsoft is becoming (if not already is) as large a cloud compute provider. And Google's a strong contender. Along with all the other shit these companies do.

For the resources it takes to make solar and batteries better than what they are now. I don't see much of a chance for Tesla against industrial giants like Siemens and Samsung, who are investing heavily.

But, hey, their cars are still pretty fashionable, at least on the West Coast. I'm having a hard time imagining them doing much in the Chinese market anymore.

I see Tesla as all sizzle no steak, I expect at some point, that multi billion dollar valuation is going to need to be justified, at that point there won't be anyplace to hide. This is a speculative stock, and when the music stops I don't want to be invested here.

@25, TSLA valuation is driven by one thing only, Elon Musk's formidable ability to market. As long as he can sell the electrified future, investors are golden. If he loses his touch or hits a personal scandal, it's going to fucking dive in a way that makes Lehman Brothers look like child's play. All about how much you trust him.

I don't trust my own mother that much.

^ Pretty much what I have said all along, There are plenty of good value driven stocks out there, I have had some success with equities, not really invested in mutual funds, but I do have a few ETFs in my portfolio. Since I retired I have made a few bucks here and there, I'm not going to lay my holdings out but I do use a professional manager, and my returns have been much better than 14% over the last 15 years.