Tesla

I like this company, hate this stock.

Elon looks brilliant in hindsight most of the time though. Did a second offering at almost the peak of their previous run just as covid was getting going. Have massive expansions starting up in 2 of the best places on the globe right this instant in economies not shut down, china and Germany.

I bought in the 400's multiple times and then sold between 600 and 700 and watched it keep going. This morning I bought a few shares at 698, just not wanting to see it go over 700 without me again. Uneasy purchase but as a trade I could flip them right now for 5%. Although I think there's almost a sure thing, it will be under 698 in the next 2 weeks in my gut.

I look at them as a software company and dealership disrupter more than just a car maker. Their driving software is years ahead of any other car maker. Their sell straight to consumer model is something the other makers could only dream of. Then you toss in their strides in batteries and alternative energy, you get a company with amazing potential.

The tail is just so far ahead of the dog though with this price, it's nuts.

ETA: Already sold have of what I bought this morning at 698 at 730.

I am getting so tempted to short it.....

Thought I heard on the radio yesterday, that Tesla there is still in full operation. Maybe I'm wrong about that.

Certainly still in top 5 places to want a business located right now in relation to covid I would have to think looking at their numbers.

In infection rate is nearly that of the US. Specific factories may be open but same goes in US. Mortality has been better. Just saying Germany economy hasn't been unaffected.

I know they aren't producing cars there yet, I never said that. They are "expanding" there. That article says they will start building in the next month, and was written over a month ago. So where are they now, I'm not sure, my tidbit was from a talking head discussing tesla yesterday during the big move. My point is that Germany is one of the best places in the world to have a major plot point of your company based currently; so it's a positive that they are expanding there currently rather than a country in more trouble, of which is most of the world.

I'm sorry, I knew that full operation implied that they were building a plant because I follow the stock. You can read that as many times as you want but it doesnt say what you read into it. No issue if you are clearing up how it could be conceived, fair enough. I did honestly think they were further along, and closer to completion of the plant they announced last fall which is why full operation was the term I used. I didnt say full production, we would need Elon musk to go to Germany and do a jig at rhe plant to music before cars roll off the line. But this semantics argument is stupid, I'll leave it be, I definitely did say germany wasnt a shut down economy which was wrong, but as far as it effects tesla apparently, not sure that matters.

But honestly this just makes the point stronger to me. They are still in the same full operations of expansion into europe that they were in before covid, and the lowered demand issue is even further away than I thought once they start producing vehicles. Seems like perfect timing and country selection if you are going to expand to Europe regardless.

Bought some more shares before close. Up $60 in the after hours. Just ridiculous