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re: Tesla and Elon sycophant has lost $700K on TSLA so far by some estimates
Posted on 4/16/24 at 7:30 am to evil cockroach
Posted on 4/16/24 at 7:30 am to evil cockroach
She hasn't lost until she sells. She strikes me as someone that is just going to keep acquiring though.
2
Posted on 4/16/24 at 9:22 am to plaric
quote:
She hasn't lost until she sells
While technically true for investors (professional traders must use “mark-to-market”), the fact that she’s borrowed to purchase some of these shares means that she has an ongoing cost of ownership. And since TSLA doesn’t pay a dividend, she’s not receiving any income from the stock to cover the HELOC interest. So to make a net profit, her eventual exit will have to include her interest costs.
Posted on 4/19/24 at 10:29 am to plaric
quote:
She hasn't lost until she sells.
Bingo, market got ahead of Tesla, but Telsa has established itself as the GM or Ford of the EV market. So goes the ev market, so goes Tesla. EV market is just having some issues right now, but it is the future of cars regardless of what people think.
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