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Jwodie 
LSU Fan
New Orleans
Member since Sep 2009
4043 posts
| Tesla stock (Posted on 12/20/12 at 9:12 am)
The stock is hovering around $34/share currently but many market experts say it's too high because it's based entirely upon baseless future hopes rather than the current production/sales of the cars (which are mediocre).
Anyone high on Tesla? With Toyota now backing the company, could be a good time to jump in when the stock falls back below $30/share.
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TheHiddenFlask 
Clemson Fan
The Welsh red light district
Member since Jul 2008
16420 posts
| re: Tesla stock (Posted on 12/20/12 at 9:24 am to Jwodie)
The only reason I would buy is the hope of a buyout.
They do some really cool stuff, but building a car company to a competitive scale is mot something I see anyone ever doing again.
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gatorsimz 
Florida Fan
cafe risque
Member since Feb 2009
5261 posts
| re: Tesla stock (Posted on 12/20/12 at 9:44 am to Jwodie)
Looks like a shitty overvalued company thats been in the red for the last 5 years. That price is entirely based on
quote:
baseless future hopes
If you want something to throw money at you should check out TEU. It's a younger company, pays a 21% dividend and sitting around its 52 week low. It's a good value at least.
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bryso
Clemson Fan
The Real Death Valley
Member since Dec 2006
26810 posts
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quote:
but building a car company to a competitive scale is mot something I see anyone ever doing again.
I agree that it will be tough for someone to get on the same level as honda, GM, ford, toyata, etc.
but there is plenty of room in every market for a company with the right track record to make some $
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baytiger 
New Orleans Saints Fan
Houston
Member since Dec 2007
40737 posts
| re: Tesla stock (Posted on 12/20/12 at 10:09 am to Jwodie)
isn't Tesla traded as a proxy for SpaceX to some extent?
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GenesChin 
Auburn Fan
The Promise Land
Member since Feb 2012
3462 posts
| re: Tesla stock (Posted on 12/20/12 at 6:20 pm to gatorsimz)
By TEU you mean the transportation company out of Greece?
Is it worth throwing money at? I don't have money to invest but I feel like a divident at 20% is a lot
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gatorsimz
Florida Fan
cafe risque
Member since Feb 2009
5261 posts
| re: Tesla stock (Posted on 1/3/13 at 11:15 am to GenesChin)
quote:
By TEU you mean the transportation company out of Greece? Is it worth throwing money at?
up to 4.53/share today, an 8.4% increase from 12/20 low when i posted that. not bad.
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C
LSU Fan
The Woodlands, TX
Member since Dec 2007
17525 posts
| re: Tesla stock (Posted on 1/3/13 at 11:24 am to gatorsimz)
quote:
TEU
Why have they dropped their dividend 3 qts in a row?
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gatorsimz
Florida Fan
cafe risque
Member since Feb 2009
5261 posts
| re: Tesla stock (Posted on 1/4/13 at 2:17 pm to gatorsimz)
TEU up to 4.95/share today. A 19.5% increase from 12/20. Wish I had the balls 
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Jwodie
LSU Fan
New Orleans
Member since Sep 2009
4043 posts
| re: Tesla stock (Posted on 5/20/13 at 3:10 pm to Jwodie)
quote:
The stock is hovering around $34/share currently but many market experts say it's too high because it's based entirely upon baseless future hopes rather than the current production/sales of the cars (which are mediocre).
Anyone high on Tesla? With Toyota now backing the company, could be a good time to jump in when the stock falls back below $30/share.
Now trading at $89.94/share.
This post was edited on 5/20 at 3:12 pm
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Geauxld Finger
LSU Fan
Baton Rouge
Member since Jan 2005
18230 posts
| re: Tesla stock (Posted on 5/20/13 at 3:18 pm to Jwodie)
solid bump
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