Tesla/NIO/Nikola/SOLO

Right, but that’s comparing Tesla to Cisco. I’m not. I’m comparing them to Amazon, Apple and Microsoft. If you go and have a look, I would happily have bought all 3 of them at the height of the dot com bubble. They are worth many more times than that today. Price doesn’t matter. Intrinsic value of the business does.

Edit: Nio = Cisco

Hmm well true, but if you check how many years it took MSFT to break even from dot.com, 1999 -2016. Only after Azure kicked off growth did MSFT get back to growth path.

17 years to be under water is long even for long term :thinking:

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Actually, by around that time you would probably be about 100% up due to the dividends. Haven’t calculated it’s CAGR for the peroid, but:

Oh, the timing. This is a nice video:

There are a lot of companies who are fair priced, passing on those that one personally think are overvalued doesn’t mean timing the market.

You think TSLA is not overvalued thus it is logical you buy. I personally think it was overvalued at 900$ , but hey that’s 2 people having different opinions and risk tolerance.

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That’s totally fair, but there are others in the thread that are trying to time it by waiting for a dip that may never come. I’m just saying, if you like a company, you can’t wait, or it’s too late :grin:.

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Today Tesla has gone to the peak of $1776 and now down to $1497 and dropping - down by 3.08% from Friday.

Buy even more! :rofl:

Totally agree. Buy more when price drops.

For all we know that might be the dip everyone has been waiting for…!

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:eggplant: I’m sure quite a few got shafted, the chart seems to be showing that. :rofl:

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The market is incredibly inefficient, desperately so, in my opinion.

Hence why Boohoo is like the latest ride at Alton Towers, and Hertz recently.

Technically speaking again, the reliability of the indicator is strong.

Look at it’s history, for example the most recent dip was early June, where it dipped from 1027 to 909, a 10% drop.

I would put a ballpark figure of 1250, when it stablises again, which is an eye watering 33% drop from its high point of 1800.

If you’re in the long term, this will not be relevant, of course.

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I’m long NIO since 2 months for 350 shares at 2.75$. I’m looking to get out partially at 30$ in the next month and holding a majority.

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I disagree, market forces are causing big swings becuase there is impactful news or whatever that could help to determine it’s value. Even news about trading volume has an impact. The value of something is it’s current market value which is determined through the price mechanism. It is just a hypothesis and it is contested frequently, like many great hypothesis are.

But I think that if you believe that the value of something is anything other than what it is currently, it is market timing. Which is very difficult to do. Expected return is based on the level of risk you are willing to take. Risky stocks are still priced efficiently. If you want to take less risk expect less volatility and therefore gain/loss.

I like that advice! Took it on board and I’m glad I did considering the drop in price now. I hold S&P 500 and it’s doing pretty nicely so happy to let them take the reigns on this one should Tesla jump on board. May not bring me as big returns but I’m here for the long ride. Like you say it’s what I pay them for too :raised_hands:t2:

Hello, a while since I’ve been on here! Regarding Tesla, well, I think they’re overvalued and Nio is outselling them. And Audi and VW for that matter!

NIO has grown fast because it has smashed its sales for the past couple of months. 50% of its sales come from recommendations as a luxury vehicle and it is coming to Europe in the next 5 years.

The latest model prices and specs are being released very soon and it is expected to smash its July sales too… This is currently undervalued stock, with a solid future ahead and I go by listening to DongXii on YouTube and Nio Shareholders Club on FB (DavidNio) who have done extensive research and are both investors.

NIO has Government backing and uses Mobileye which is a better 360 than Tesla’s auto driving.

Why don’t I invest in Tesla? Well, there’s less bang for my buck. Tesla has to grow an awful lot to double, where as Tesla has to get to $30. Its currently under $15, but not for long as the mid August price will likely get to $20-25.

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Good insight on NIO Inc. I’m liking what they do and glad I got in when I did.

On Tesla, though, I think it was mentioned above that, it is far more than car sales. Overstacked regardless? Probably yes. Is that going to stop it from continuing upwards? That’s the question.

Well TSLA ā€œAutodrivingā€ has made some press:

Yeah saw that. Seems there’s a new Tesla news pinging into my inbox every hour.