Will it continue in the open market, hummm
5000$ before close, split share value 1000$, then 5000$ by end of next week. Yolo
I’ve sold my house and invested in Tesla.
I’m confident sales will go through the roof of EVs during a recession.
i better add more money to my CFD account then haha
At this point, I am not even confident that TSLA will burst soon. It seems to go just one direction, up
not a bad investment if you did… crazy the tesla bug, its really contagious
I have a trigger to sell at $15000.
Inception.
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Present under
I own Tesla but don’t get emotionally attached to it, it’s just a stock like any other and corrections are to be expected at some point and they could be significant. People are fickle and love a rising stock when it starts plummeting they will ditch it like there is no tomorrow.
Don’t you think it’s created enough support levels to weather any correction though?
it’s corrected in the past -50% in about a month (900ish -> 400ish) , something similar again wouldn’t be unusual and people getting into Tesla should expect that, it’s certainly risky IMO. impossible to predict when of course.
Everyone has their own opinions but I think this will pop. Why the sudden price rise during Covid? Why is a split increasing value? We are entering a recession and the auto industry gets hit hard, appreciate Tesla isn’t only auto but it’s a large portion. Seems a religion rather than a stock to me. I like Tesla and what they stand for but fundamentally it doesn’t add up.
The way I look at it for it have a drop it will have to rise first, I think the split will help any sudden drop. think there was a week where it dropped from $1600 odd to $1300 odd and that could be the correction people were anticipating.
I’m all in too, 100%: https://youtu.be/9ngVJYTMNeI
FOMO and TINA and wide accessibility to stock market on a basis of pennies, makes anything possible.
Every fiber of my being at the moment is screaming short short short but i shall not listen to the pesky demon. I am aware that there’ll be a moment of pure millionaire making moment for not only Tesla but for all EVs. Unfortunately I am not proficient enough to time that moment. “a girl can dream tho”
@trader787 i just like day/swing trading it, i won’t commit currently, and would need to see 50%+ off the price to consider longterm.
@Gfclappah definitely agree, it doesn’t add up
@daindian i was stupid and done a FOMO on Tesla, that figure was actually $1700+, I purchased at $1714 after positive earnings… it then dropped to approx $1350 (nearly up by a $1000 in the past few weeks).
@kali yes keep the pesky demon at bay as i recall the short shorts twitter post
hope you realise he was sarcastic, and English is not my native language but:
@Hectares its a struggle!! I actually went ahead and tied all my money into a no-win no loss asset in my option trading platform. So even if I am tempted I can’t do anything before Sept 3rd.
I have the self discipline of a golden retriever, show me a tennis ball and I’m lost
As Charlie Munger clearly laid out in 1994, we are very flawed and must fight our natural tenancies: https://www.youtube.com/watch?v=IngHiWnmcSs
He also said he wouldn’t buy Tesla, or short it hahaha, 38 seconds in: https://youtu.be/WL0TOaltX5w?t=38