1st $500B man...

[JeffKeryk]

Musk and his Tesla company will be belly up any day now, right?

1st $500B man... Good thing Elon went back to work for his companies...

The Tesla roller coaster continues.

 

[AZjeff]

Careful, your infatuation is showing....

 

[TheOilWizard]

Careful, your infatuation is showing....

OP is showing facts, though...

 

[oilboy123]

Made some money off the first stock buy, then lost a lot on the 2nd buy. Now gained it all back and then some. Wild riding company........

 

[JeffKeryk]

Careful, your infatuation is showing....

Yeah, shoulda bought TSLA instead of the car in Dec 2018. It would be about $800K today... Sheesh.
I liked the car, but not that much!
But better late than never. All good.

 

[JeffKeryk]

Made some money off the first stock buy, then lost a lot on the 2nd buy. Now gained it all back and then some. Wild riding company........

Long term for the win... I'm 3x to the good but have been close to even at times... Roller coaster!

 

[oilboy123]

Long term for the win... I'm 3x to the good but have been close to even at times... Roller coaster!

Glad I left it in......

 

[alarmguy]

The stock is around the same price it was in Nov 2021 and Dec 2024
Lots of ups and downs. So to pick one point in time is easy. It's a trading stock, like bitcoin or a speculation stock. No floor below the stock at 200 times earnings its just the hope that one day they will make money to justify the price. That is ok, if one knows the risk of a stock with wilds swings (roller coaster) since the stock market in general and some tech stocks have far exceeded that performance.

It's like exploring for oil or gold ... maybe they will one day make it work.

It's all good, I want to see the stock at 1000 along with the rest of the well known nasdaq stocks.

Here is an example when I say picking a point in time is easy to show ...

3 year Tesla chart up 73% The P/E ratio is a whopping 266% (stock up 73%)

__________________________________________

3 year META chart (Facebook) P/E ratio of 26% (stock is up 428%)

It all depends on the point in time you choose to compare. However of the two which one looks more stable and which one looks like a trading stock. All depends on your style. The overall P/E ratio of the Nasdaq is 28

 

[AZjeff]

My risk tolerance can't take that. If I had toss-away money maybe.

 

[SC Maintenance]

Tesla sold almost 1/2 million vehicles last quarter. Front loading before the EV credit expiry?

Don't bet against Elon, but still probably predictable that the next couple quarters will miss. Buy the rumor sell the news.

 

[JavierH19]

Money grubbing slime isn't happy with his 500 billion so he wants to replace even more American citizens with cheap h1b's to get his net worth up another 500 billion. Yet he wants us to think he's a proper American that cares for the American people. What a joke. All of that cheap America first posturing never meant anything.

 

[JeffKeryk]

My risk tolerance can't take that. If I had toss-away money maybe.

That's how I started. Tech, in general, is Uber volatile. But when it's right, it's really right.

 

[JeffKeryk]

Tesla sold almost 1/2 million vehicles last quarter. Front loading before the EV credit expiry?

Don't bet against Elon, but still probably predictable that the next couple quarters will miss. Buy the rumor sell the news.

I would argue that Tesla is a tech company that sells cars.

 

[JeffKeryk]

Money grubbing slime isn't happy with his 500 billion so he wants to replace even more American citizens with cheap h1b's to get his net worth up another 500 billion. Yet he wants us to think he's a proper American that cares for the American people. What a joke. All of that cheap America first posturing never meant anything.

That's a separate topic.

 

[97prizm]

Musk and his Tesla company will be belly up any day now, right?

1st $500B man... Good thing Elon went back to work for his companies...

The Tesla roller coaster continues.
View attachment 303010

Just asking but if Tesla is so great why is Mercedes Benz the only company with certified level 3 sae driving capability In the USA? If its so easy shouldn't Tesla be able to get level 3 no problem? Just asking. When you have enough money you can make up and say anything you want. Keep in mind 30 years ago if someone said Sears would be gone people would have laughed. Now where are they ... Gone?

 

[Big E]

"Their Germans are better than our Germans"-Bob Hope.

 

[JeffKeryk]

Just asking but if Tesla is so great why is Mercedes Benz the only company with certified level 3 sae driving capability In the USA? If its so easy shouldn't Tesla be able to get level 3 no problem? Just asking. When you have enough money you can make up and say anything you want. Keep in mind 30 years ago if someone said Sears would be gone people would have laughed. Now where are they ... Gone?

This is not about comparing cars; that's another topic. It's about market cap which is why it is under the General tab.
TSLA market cap is $1.5T, MBZ is $62B. I will let you do the arithmetic.

By the way, the new MBZ AMG GT XX EV is flat out incredible.

 

[SC Maintenance]

I would argue that Tesla is a tech company that sells cars.

Sure. But near term it’s about cars. And the long / short funds in the east village

 

[JeffKeryk]

Sure. But near term it’s about cars. And the long / short funds in the east village

Isn't the market a forward looking entity?

 

[edyvw]

Isn't the market a forward looking entity?

And that is based on what? Tesla, as long as he is there, will never recover in Europe, and in the US, they are also declining.
So, the market is betting on something else, which is government contracts.