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TSLA at $161, anybody biting?

Posted on 12/13/22 at 10:16 am
Posted by oneg8rh8r
Port Ludlow, WA
Member since Dec 2003
2745 posts
Posted on 12/13/22 at 10:16 am
Long term, you have to believe this will be a deal. Right?

Any legit reasons against?
Posted by el Gaucho
He/They
Member since Dec 2010
54745 posts
Posted on 12/13/22 at 10:32 am to
Besides the fact that teslas are just a bigger version of those power wheel barbiemobiles I would say that the most important factor is that he’s no longer a darling of the left and when the “lefties” (hint hint wink wink) start pulling their hedge funds out of your stock it never does anything good again

This is why gun stocks trade so flat

Tesla will go to 40 at some point next year
Posted by j1897
Member since Nov 2011
3637 posts
Posted on 12/13/22 at 11:01 am to
Still no self driving
Still no solar roofs
Still no cybertruck
Still no Semi

Why would anyone buy this stock?
Posted by GeneralLee
Member since Aug 2004
13316 posts
Posted on 12/13/22 at 11:57 am to
I'm staging my rebuys in the $90-$145 range. Will get uglier before the bottom is in imho.
Posted by skewbs
Member since Apr 2008
2049 posts
Posted on 12/13/22 at 12:27 pm to
quote:

Any legit reasons against?


It is still VERY expensive and trading at a P/E of approximately 50. I'd hold off until that gets closer to 35, but then, it is obviously still on the expensive side.

Are you just trying to play the greater fool theory? Most are with this stock due to it's popularity.
Posted by leeman101
Huntsville, AL
Member since Aug 2020
1686 posts
Posted on 12/14/22 at 9:47 am to
Nope.
Not till under $100.

Like one poster said everyone is making EV's.

I've heard Tesla's strength is the battery technology. They have a few patents on battery technology.

This post was edited on 12/14/22 at 9:48 am
Posted by Triple Bogey
19th Green
Member since May 2017
6088 posts
Posted on 12/14/22 at 10:04 am to
Batteries are much better than what is out there in the market currently.

Supercharging network is years ahead of everyone else.

Actual software updates instead of getting locked into in-car tech that loses its value/relevancy over time.

Full self driving, AI, and all the other stuff is just a bonus.

Elon has created more shareholder wealth than any other CEO breathing. I'll hold and keep believing in him and his vision. Probably look to buy some more around the 125 area if it gets there.
Posted by SalE
At the beach
Member since Jan 2020
2459 posts
Posted on 12/14/22 at 5:25 pm to
$150
Posted by GeneralLee
Member since Aug 2004
13316 posts
Posted on 12/16/22 at 10:31 am to
About to break $150 support right now, yikes.
Posted by SalE
At the beach
Member since Jan 2020
2459 posts
Posted on 12/19/22 at 8:20 pm to
When Ron Baron goes south, get back to me.
Posted by Utah Tiger
Palm Beach, FL
Member since Sep 2005
1131 posts
Posted on 12/20/22 at 3:35 pm to
137.80
quote price arrow down-12.07 (-8.05%
Posted by skewbs
Member since Apr 2008
2049 posts
Posted on 12/22/22 at 10:16 am to
quote:

oneg8rh8r


If you liked it at $161, you're gonna LOVE it at $101.
Posted by DVinBR
Member since Jan 2013
13672 posts
Posted on 12/22/22 at 6:35 pm to
nobody saw an issue with a vehicle manufacturer with a market cap hundreds of billions higher than the largest vehicle manufacturer in the world?
Posted by SalE
At the beach
Member since Jan 2020
2459 posts
Posted on 12/22/22 at 7:42 pm to
I am holding a small amount waiting for a lower price to add
Posted by Bunsbert Montcroff
Phoenix AZ / Boise ID
Member since Jan 2008
5595 posts
Posted on 12/23/22 at 9:23 pm to
Tesla puts feels like it is the entire stock market right now…
Posted by SlidellCajun
Slidell la
Member since May 2019
11836 posts
Posted on 12/27/22 at 3:38 pm to
I’m giving it serious consideration

I don’t like stocks that are making new 52 week lows so I’ll wait.

I think we could be looking at a generational opportunity in the next 6 months.

If I see it bounce around and create a bottom then I’ll bite. The company has legit earnings and solid projected earnings so it’s not some sort of gamble on a hope.


This post was edited on 12/28/22 at 9:21 am
Posted by SalE
At the beach
Member since Jan 2020
2459 posts
Posted on 1/6/23 at 9:20 am to
Sold at @ $138...took the loss for taxes..then shorted.
Posted by TrouserTrout
Member since Nov 2017
6425 posts
Posted on 1/6/23 at 11:03 am to
Bought some today at $109.
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