Kicking myself for not getting Telsa Friday

Stock is down 250 points from its high point over the last year and now you think you missed the boat because it’s gone up a whopping 10 points?

Almost as bad as your Green Bay take… if you like the stock then buy it… 10 points is nothing

Not one thing has changed fundamentally. And if you thought it was good at 105, 116 aint that bad of a deal.

I think Tesla is going to go lower and stay that way until they change some things and innovate. I just dont think Musk gives a shite about it right now, it just doesnt get him going.

Are you buyin this for a quick flip or a long hold?

Everyone has liquidity in January. Take advantage, if you'd like, in the short term, but don't expect it to last.

Long term hold

Tesla has a lot of head winds with every major car manufacturer and a pack of upstarts getting into the EV market.

Be glad you aren't holding it from when it was $400.

The Model 3 prices have plummeted. Slightly used loaded ‘22s are way under $50k vs a $70k sticker. Standard range ‘21s are deep into the $30k. I don’t see how their orders are going to improve over the short/medium term with resale values like that. Plus there are no new product changes on the horizon besides the the truck.

The silver lining is maybe their QC and service can get back on track with the lower demand.

I think Rivian has a better short term outlook.

It can't hold 123, just a matter of time before it test 100 and below imo.

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Had a buy order for 15k at $105 when it was at 106 Friday morning

I think that was a super good value

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For a short term trade, it probably would have been. If I hadn’t been traveling that day, I would have probably unloaded a basket of short puts in the low/mid 80s, expiring this week or next, like I’ve done a couple of times. But with earnings approaching, and IV likely to climb substantially over the next couple of weeks, I’m content to wait and get more premium at lower strikes.

With TSLA having some negative sentiment clouds hanging over it lately, I don’t particularly want to get assigned if they miss earnings expectations or report poor forward guidance. No one knows ahead of time, but the prospect of a hard (or even soft) recession in the face of rising competition in the EV space won’t help either. All that to say, I’m not anxious to be long in this price range for the time being.