- Aug 4, 2000
- 30,935
- 2,653
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This inspired me to buy 200 shares of SPCE @ 21.47 today.
Edit: Sold shares. Converted position to call options.
Last edited:
This inspired me to buy 200 shares of SPCE @ 21.47 today.
Edit: Sold shares. Converted position to call options.
KB
Diamond Member
- Nov 8, 1999
- 5,406
- 389
- 126
I saw one of my positions had a one-day return of 16624900 % and was perplexed. Then I remembered the spin-off. Its a good deal, PFE is actually up after the spin-off and I just got a bunch of free shares of the spinoff.
And GE is about to break $10. That's where my calls are. I am going to lose a little on it but not much; maybe a few hundred bucks.
A lot better than when I was down like $14000.
A lot better than when I was down like $14000.
JTsyo
Lifer
- Nov 18, 2007
- 12,031
- 1,131
- 126
- Aug 4, 2000
- 30,935
- 2,653
- 126
I'm no expert. Like I said, I was inspired. All the EV cos are competitors yet they've all rallied simultaneously.
I figure if there is renewed excitement for the commercialization of space, SPCE is the way to play it.
Long 24 contracts $23@1.73 Dec 18
ponyo
Lifer
- Feb 14, 2002
- 19,688
- 2,811
- 126
Elon, make S&P pay. Make them pay dearly for their previous dumb attempt to market time TSLA S&P 500 addition while preaching to the general investing public that they shouldn't try to market time with their investments. Those old money hypocrites. If they come and beg you to do another equity raise to provide more shares and liquidity for this add event, please tell them you're good and have plenty of cash and they can go fvck themselves for snubbing you back in Sept. Squeeze the S&P. Squeeze the shorts. Squeeze them all. No mercy.
RearAdmiral
Platinum Member
- Jun 24, 2004
- 2,280
- 135
- 106
- Aug 4, 2000
- 30,935
- 2,653
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That's odd. My takeaway was he was suggesting Nickola. I know he's a big fan of Trevor.
If anything, this could be the trigger that finally kills off the market as a whole. I can't be the only one looking to reduce exposure to the S&P over this.
ponyo
Lifer
- Feb 14, 2002
- 19,688
- 2,811
- 126
lol. TSLA will make up around 1% of the S&P 500. If you think 1% can kill 99%, you're special kind of bear. You've been talking about market doom and gloom as long as I can remember. Don't be a dumb bear. You're betting against stacked deck and rigged game.
I'm definitely not against S&P. I think index investing is the best for majority of people. It's not for me but I see the appeal. The reason why index is so hard to beat is that they're constantly updating their list of companies and replacing the under performers with winners. So I would never bet against S&P longterm. You have to be major idiot to even consider it.
S&P will be way better off in the long run with Tesla in the index. Tesla will power S&P this and the next decade.
It's more the implication that they are adding a stock because of memes. Probably would be like 1.5-2%. The S&P is also getting too tech heavy, but at least the other big name tech companies are very profitable even if their valuations are crazy.
ponyo
Lifer
- Feb 14, 2002
- 19,688
- 2,811
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They're adding Tesla because Tesla is super important, not because of memes. You need to quit relying on stupid sites like Zero Hedge to spoon feed you garbage propaganda and start thinking for yourself. Tesla will be one of the most profitable company if not the most profitable company in the S&P the next decade.
It's a car company in a time when people are driving less. It's a dying industry. They're adding it because of the market cap (ironically enough), and that's being driven by all the memes.
zinfamous
No Lifer
- Jul 12, 2006
- 111,828
- 31,302
- 146
They aren't really the same. SPCE is more about space tourism, but at least for the first part, just doing low orbit martini trips for super wealthy wasps.
- Aug 4, 2000
- 30,935
- 2,653
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Ouch.
www.cnbc.com
Consumer Reports is no longer recommending Tesla's Model S and is panning the reliability of the new Model Y
The latest Consumer Reports' annual Auto Reliability Survey also dropped a Toyota brand from No. 1 for the first time in 15 years.
Ouch.
Consumer Reports is no longer recommending Tesla's Model S and is panning the reliability of the new Model Y
The latest Consumer Reports' annual Auto Reliability Survey also dropped a Toyota brand from No. 1 for the first time in 15 years.
Nothing for/against Tesla - I sincerely have no stake in it nor do I care... but Consumer Reports is a giant piece of worthless garbage that I would never take advice from.
I'm not a huge fan of CR either but the problems do exist. This isn't the first time I've read about them.
Tesla will have major problems as they move towards producing millions of vehicles a year. Every car company does. Do you believe China is being honest about the reliability of their nascent EV industry? Of course not. Parts are falling off of those cars.
It's going to be a bumpy road. Why do you think the head of Toyota felt confident in raising the big finger at Tesla last week?
That being sad - TSLA will be fine in the long run. I bought a share so when the "If you invested $1000 in TSLA 20 years ago you'd have _____" articles pop up I can say I DID.
- Aug 4, 2000
- 30,935
- 2,653
- 126
Last edited:
- Aug 4, 2000
- 30,935
- 2,653
- 126
Its not just TSLA, a lot of late model EV co's are having quality issues lately. Audi, KIA and Porsche all were cited for all sorts of problems with their electric vehicles.
Thats why I stick to good ol' fossil fuels.
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