I bought more stock and options on that Cybertruck announcement pullback. I didn't catch the absolute low but that's ok because in the big picture, small difference in price is not going to matter much. And whether the current price is top or not won't matter in the long run because Tesla is going much higher. Like Apple and Amazon higher.
Why do I get the feeling @Blackjack200 is never going to show his face in this thread again?
As years go by, he's going to look dumber and dumber if that's possible.
I see you're still blind. I'll post again next Christmas. Let's see if you're still blind then.
Never heard of following the herd huh? Logic and stocks don't mix because people are involved.
electrek.co
Or we should tax the shit out of him because he's still going to be super rich. We shouldn't be waiting for rich tech bros to shower society with their golden philanthropy in the hopes that it may help society overall in the future.And at 247 I am up ~130%. Still holding.
And damn
Tesla (TSLA) market cap surges past $100 billion — triggering Musk's compensation plan
Tesla’s (TSLA) stock price surged more than 5% this morning, boosting its market capitalization to over $100 billion — and...
So @100+ billion market cap today he nets anoter 1.69 million shares... at 570 a pop. Can you spell Reeeeeiiiiiich?
Now with all that $$ what do you do with it?
Buy up a media franchise and lobby politics to give you a tax cut
Or
Do you put your money into rockets and whatnot. His money have a way of finding its way back to society of tomorrow.
There's no question in my mind Elon Musk will be the richest person on earth in couple of years. He's going to blow past Jeff Bezos and never look back. But if you think Musk is just doing it to be rich, you don't know Elon Musk. He has said repeatedly he will be the last person to sell Tesla stock. And the only reason he will sell Tesla shares at that point is so he can fully fund the Mars colonization mission.
Only 130%?And at 247 I am up ~130%. Still holding.
And damn
Tesla (TSLA) market cap surges past $100 billion — triggering Musk's compensation plan
Tesla’s (TSLA) stock price surged more than 5% this morning, boosting its market capitalization to over $100 billion — and...
So @100+ billion market cap today he nets anoter 1.69 million shares... at 570 a pop. Can you spell Reeeeeiiiiiich?
Now with all that $$ what do you do with it?
Buy up a media franchise and lobby politics to give you a tax cut
Or
Do you put your money into rockets and whatnot. His money have a way of finding its way back to society of tomorrow.
I'm up over 900% on my Tesla position since the June 2019 low. Of course I'm using margin and options to supercharge my Tesla return. And no, I'm not selling either. Not until Tesla is trillion dollar company. So Tesla stock price has to hit $5,500 for me to sell my entire position.
There's no question in my mind Elon Musk will be the richest person on earth in couple of years. He's going to blow past Jeff Bezos and never look back. But if you think Musk is just doing it to be rich, you don't know Elon Musk. He has said repeatedly he will be the last person to sell Tesla stock. And the only reason he will sell Tesla shares at that point is so he can fully fund the Mars colonization mission.
If you want to learn about Elon Musk, I recommend you watch this video. I haven't watched it yet but that's because I already know his story because I've read the book and pretty much read/watched everything he's said.
Only 130%?
Thanks! Yes, I'm happy and celebrating tonight. But this is just the beginning. Tesla is just a baby. Even with tonight's move, Tesla is just barely over $100 billion in market cap. Tesla is going to be over $1 trillion dollar company before end of 2030. In 15-20 years, Tesla will be bigger than Apple and the most valuable company in the world. So while $650 is great now, I won't be truly happy until TSLA is over $5,000. But baby steps. I'm highly confident Elon and Tesla will get there by end of this decade.
This is my TSLA positions tonight on this trading account. 1,100 shares and couple leap calls and covered calls.
I sold off 8 Feb 21 $500 calls I wish I could get back but I bought it to sell before earnings. So being disciplined and sticking with the game plan costed me extra $50k in potential profit. Oh well. Can't cry over profit. I've made over $600,000 trading TSLA on this trading account the past 6 months and close to million dollars in all 3 of my portfolios on TSLA. But like I said, I expect TSLA to eventually be trillion dollar company. So I'm in this for the long term even though I trade around my core position on this account.
Meanwhile, how many billions have the idiot shorts lost betting against TSLA over the years? TSLAQ crowd are so stupid and people like @Blackjack200 will never learn the most important lesson. Never bet against Elon. The guy lands rockets on boats out in the middle of the ocean and you think you're smarter than him or works hard as him? Do your own research instead of just following the idiot TSLAQ crowd like a lemming.
If you think about what if and past regrets, you'll drive yourself crazy. Nothing goes up straight forever. TSLA will sell off. TSLA is very volatile. But I expect any sell off to be short lived unless the macros turn really negative and the entire market sells off. This run up was partially short covering but I believe most of it was big institutions buying new positions. The big boys are finally starting to believe in Tesla story and they can do simple financial model that shows what many of the retail investors already know. Tesla is growing 50%+ a year and is about to print money. Their growth is going to be so insane this decade. They're growing way faster than Amazon ever did when it was at similar valuation to Tesla.
If you think about what if and past regrets, you'll drive yourself crazy. Nothing goes up straight forever. TSLA will sell off. TSLA is very volatile. But I expect any sell off to be short lived unless the macros turn really negative and the entire market sells off. This run up was partially short covering but I believe most of it was big institutions buying new positions. The big boys are finally starting to believe in Tesla story and they can do simple financial model that shows what many of the retail investors already know. Tesla is growing 50%+ a year and is about to print money. Their growth is going to be so insane this decade. They're growing way faster than Amazon ever did when it was at similar valuation to Tesla.
This was Amazon crazy run that really started in 2012-2013 in the $200.
I think Tesla will do around $8-12 EPS this year. They'll likely do $16+ next year. TSLA is growing at a rate very few big companies ever did. It's absolutely insane. With such high short interest, I wouldn't be surprised if TSLA goes above $1,000 this year. TSLA future is crazy bright. Now the big institution whales are finally waking up and seeing the potential and want piece of it. They're not getting my shares. I'm going to be in there with them and accumulating as many shares to hold as possible. Tesla is once in generation company and opportunity. I just can't believe some people are blind to this.
Still only $136 billion market cap. I'm telling you Tesla is headed to minimum $1 trillion. There will be stock splits along the way but at $1 trillion market cap, Tesla stock will be around $5,500. Before end of this decade, Tesla is going to hit that and more.Up to $750 today.
Man I Fd this up.
Let me tell you a story. I once bought lot of Apple stock when it was only worth $4 billion dollars. It wasn't just little bit. At today's shares, it would've been 210,000 shares. I sold those Apple shares to buy a restaurant after I made little money on it. That was over $60 million mistake on my part. It's because I didn't fully believe in Steve Jobs and Apple. I can't get those Apple shares back. But I believe I found another great leader and company in Tesla. I truly believe Tesla will be the largest company in the world in the next 20 years. This time I'm not throwing away my lottery ticket. In Musk I trust.
For every story like that, there are also a thousand others where people did trust CEOs who turned out to be snakes and got wiped out.
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