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Tesla stock

Posted on 12/20/12 at 9:12 am
Posted by Jwodie
New Orleans
Member since Sep 2009
7194 posts
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.
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 12/20/12 at 9:24 am to
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.
Posted by gatorsimz
cafe risque
Member since Feb 2009
8135 posts
Posted on 12/20/12 at 9:44 am to
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.
Posted by bryso
Member since Dec 2006
27130 posts
Posted on 12/20/12 at 9:49 am to
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 $

Posted by baytiger
Boston
Member since Dec 2007
46978 posts
Posted on 12/20/12 at 10:09 am to
isn't Tesla traded as a proxy for SpaceX to some extent?

Posted by GenesChin
The Promise Land
Member since Feb 2012
37706 posts
Posted on 12/20/12 at 6:20 pm to
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
Posted by gatorsimz
cafe risque
Member since Feb 2009
8135 posts
Posted on 1/3/13 at 11:15 am to
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.
Posted by C
Houston
Member since Dec 2007
27816 posts
Posted on 1/3/13 at 11:24 am to
quote:

TEU


Why have they dropped their dividend 3 qts in a row?

Posted by gatorsimz
cafe risque
Member since Feb 2009
8135 posts
Posted on 1/4/13 at 2:17 pm to
TEU up to 4.95/share today. A 19.5% increase from 12/20. Wish I had the balls
Posted by Jwodie
New Orleans
Member since Sep 2009
7194 posts
Posted on 5/20/13 at 3:10 pm to
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 5/20/13 at 3:12 pm
Posted by Geauxld Finger
Baton Rouge
Member since Jan 2005
31667 posts
Posted on 5/20/13 at 3:18 pm to
solid bump
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