Best stock market returns ever for a presidents first 100 days
OT: Stock and Investment Thread
- Thread starter RU05
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The street is not that excited. 60% of revenue came from selling regulatory credits and BTC. No go on 1mm cars in 2021. Have to dig deeper than headline.
I hope you mean invest it with more options. I always worry when people say they are trading their retirement account.
Thanks for the clarification. I think if that’s the case, it’s almost better no one was in the driver seat. It’s two idiots doing something that shouldn’t have been done.
I think you are looking for some measure of automated perfection. From what I can tell, FSD will be level 4 automation not level 5 - at least initially. I bought my Tesla this past summer and plunked down for FSD. I'm happy to wait for it. If anything, Telsa will learn a lot from the accident and make changes. You may be letting perfection be the enemy of the good. I can assure you that non-FSD Telsas are much safer than regular autos, and FSD will make it even safer. It is a ridiculous expectation that FSD = no accidents & no deaths.
Berlin giga coming online early. Model Y to be the best selling car in the world by end of 2022.
#wow
I think you misunderstood my point. A lot of upside value is derived by the future potential of robotaxi/FSD. My point is only related to stock valuation, not safety. However, I think new cars are just as safe as a Tesla.
I agree. Personally I do rebalance AA but don’t “trade” in retirement accounts. I suppose if someone wanted to “trade” with a small percent of that account it’d be okay but I wouldn’t use it as a trading platform. That’s just me, though.
Did you read more about the earnings? He really juices it with regulatory credit sales and BTC. Guessing w/o it, they don’t beat.
Sold 10% of BTC and took the profit to get the Berlin plant completed sooner. Amazing move! Innovative thinking like that is why TSLA is so successful.
TME is already up ~8% in 2 weeks vs 1.5% for S&P. More gains still to come. Stay in the trade for now.
curious, I make no claims to being a CFP but, how do you transfer your 401k to a IRA unless leaving a company or retired?
BOOM! Who needs to make money on cars when you can earn reg credits and cash in on BTC!
I left my last company 11 years ago and retired in 2010. I also had two other 401K from two other companies I worked for that I moved over.
gotcha and makes sense. thanks for clarifying as I thought I might be missing something!
I recently did 2 rollovers, old 401k's to IRAs. Overall, we have 7 retirement accounts. I only trade in the brokerage account (lightly) and in one of our rollover IRAs (also lightly). Together these accounts make up 30% of our retirement assets. Update the other accounts quarterly, as needed.
This doesn't account for our YOLO crypto account. And even this is mostly a long hold.
So, they have no cash on hand and were forced to sell BTC to fund the Berlin plant? I did read that he just hit his 11 billion option payout with this report.
yeah, tsla not looking so good really notwithstanding the coming battery change
Nice increase from last quarter! Great job by the team. Quickly heading to 30%.
What data? Let me help you out. Corolla sold 1.2mm in 2019. Tesla’s 50% YOY growth in total cars sold is less than that by 2022. LOL.
TSLA bulls eagerness to denounce any contrarian or skeptical observation about the company or its performance is fascinating. If we assume these bulls are indeed long term holders with conviction, they should welcome the negative headlines. Anything that suppresses the price today will allow them to accumulate more shares at lower prices, enhancing long term returns. The rational approach would be to welcome negative views, unless the conviction is on a less sturdy foundation. And it might very well be, as it’s hard to have conviction around a business that has so much of its value in the distant future.
TSLA, looking at the data sans reg credit sales and BTC the core business missed on revenue and continued to generate losses. BTC accounted for 25% of net income. I have no dog in this fight but I can't see how that is positive.
I will say that I can see other companies jumping into the BTC game however
I will say that I can see other companies jumping into the BTC game however
My daugther has type 1 diabetes so I am always looking for the next thing. Take a look at SENS. I bought at 1.80 they have an FDA approved medical device CGM implant last year but have had some issues with money sounds like they may be straightened out if so the sky is the limit, but there is some risk. I still love VTVT drug Simplici just got breakthrough nod after phase 2 to help with phase 3 funding.
There’s no point trying to discuss TSLA with the usual suspects. But then again what should any of us expect from a stock and investment thread of a Rutgers football forum.
I have been, and continue to be, a skeptic on cryptocurrency and its derivatives. Of course, the price has trended higher over time, so I may very well be wrong. But I don’t invest in instruments which can’t be valued objectively. On that front, I see no path for it to be an effective currency. Nor do I see it as an effective store of value / inflation hedge. To date, what data suggests that its price movements have anything to do with inflation? I’ve seen no analysis that credibly links the price to actual or expected movements in CPI, even allowing for CPI to grossly understate true price inflation. The scarcity of BTC is also unconvincing. Items with finite volume are hardly immune from price deterioration. It seems to me that the price depends upon an increase in mob acceptance, which is why proponents are so quick to shout down any questions regarding cryptocurrency. like I said in my post about TSLA, such activity is irrational for long term holders with conviction. With TSLA, I do think people can develop conviction at a price. It’s possible. I don’t see how it’s possible with BTC. But mob acceptance is absolutely critical to further price increases, so perhaps their defensiveness in the case of an instrument that can’t be objectively valued is quite rational.
won't disagree on crypto on it's face but I do like ETH which is differnt than BTC. I do trade some crypto and made a nice penny on doge, btc and eth this past 12 mos. I'm investing in ETH but trade BTC only now
Man I wish I was in on
Estimated growth looks very good but current price to sales of $172x is very rich.
@ScarletNut mentioned SENS a couple months ago, a little after what was a mega run had started, going from .41 in mid Dec and was up over $5 in Feb. Recently came back to that $1.80 level you mentioned and has bounced up to 2.24 today in extended.
Estimated growth looks very good but current price to sales of $172x is very rich.
Especially when all you have to do is tweet about BTC and your fanboys slurp and move it higher.
ETH =
Seriously, ETH has direct value and utility with smart contracts, defi, and NFTs.
Wow, it was too expensive before the price hike. Now it will take 200 years to breakeven.
This guy is starting to look more like a BS artist than a visionary.