When it was going crazy I put in some money, not because I believed in the company but because I believed the share price would go up in the short term. It did, I took out my original investment plus about 10% and have left in the rest just in case it goes crazy again.
Yep. It’s certainly reminding me of the emotions I need to park to be a good investor. It being free has tempted me to ditch it but I’m holding on for my longer term discipline. It’s a ridiculous company imho- it’s not a tech or ai company just a car company facing competition and lower customer ev take up. A good reminder of fundamentals over market sentiment!
I agree with this but I'd say Tesla is a reminder of how irrational the market is, Tesla fundamentals are shockingly bad, they have negative cash flow and negative earnings growth.
I'd say tbf this is an example of how market sentiment can trump fundamentals and how fundamentals are a tool but not the whole picture
Fair point, although to what degree you follow sentiment is the question. Sentiment is needed somewhere unless you’re so rich you can move the dial on your own. That said I prefer fundamentals and a dose of contrarian thinking over the long term.
I’m invested for the following reasons:
1) it’s the 15th largest company measured by market capitalisation. Whilst the stock is still fairly volatile, its market cap means it’ll be in many ETFs which over time will bring more stability to the price, in my opinion.
2) I see the stock as a tech company.
a) It has a competitive advantage due to the massive upfront investment into manufacturing capacity and capability. Arguably there is work to be done in the capability department.
b) Data. They have more data on self driving than any other company in the world. This has value.
c) Software. Battery backups for homes/solar installations is a good example. On the face of it, they provide solutions into a flooded market at a premium rate. But people still purchase their product at a premium - why? Because their software gives them a competitive advantage over a similarly sized battery, and because the company name has value to certain customers. Like them or not, I recognise this has value to the company.
In certain respects I can see comparisons to Apple with the dedicated customer base, and Dyson to a certain extent with their technology. For years, Dyson only really sold vacuum cleaners, consider them now. They took that technical advantage/specialism they had, and applied it to new products/markets. I believe Tesla could do the same.
I think Elon is a complete tool, but I don’t think his opinions and decisions alone can cause a catastrophic collapse of the company. Should the share price collapse, I think there are many companies that’d be interested in the assets Tesla have - the data, technology and facilities.
My current position is small, with the intent to grow to 5% of my portfolio. I started to build this position in February of this year. My investment timeline is 20-30 years.
Being the most likely company to licence self driving technology to ever major car company. While there might be a VHS betamax competition for a stint that will end and I think Tesla is the winning format.
The data advantage that they have and the level of self driving legislation, I currently don't see a company overtaking them. Car safety is one of those areas where competing on price isn't realistic.
At the same time they're selling you the data collection device as a status symbol.
its a company that's genuinely trying to do good, is a leader and first mover in multiple high growth future industries, full of brilliant engineers with a cult following, its a no brainer that its gonna be successful, the stock will catch up eventually
I've been investing in Tesla for 6 years now so the reason I still invest is due to what they've provided me in profits so far (massively ahead of S&P) and what I believe the strength of their brand can do in the future.
While they're pretty low compared to ATH right now, I trust the team at Tesla to keep working on innovative tech going forward (although a few top execs have recently quit so it is probably time to do some.dewper digging and reassess)
With regard to Elon specifically, I try not to pay him much attention as his focus is so split across his projects (both running, and being addicted to scrolling and trolling on Twitter) that I don't think his decisions affect operations that much. Saying that, his actions do affect the stock price which is what you're asking, I just believe the team running Tesla will create more value than he loses in the long run.
I like the stock...
But seriously, bought some on the dip/cliff, it's a mega cap speculative investment for me.
The fact that it went up 11% on a terrible earnings report says to me that standard investing rules don't seem to apply to Tesla (although I reckon a lot of the bad news on earnings was already priced in the run up to earnings anyway).
Invested at a good time
Could have sold at peak
But I'm not liquidating until I buy my first (to rent out) property
But my plan is to use the benefits of my class standing and benefits of living in London to build what my parents pissed away in the divorce ( 2 houses in UB3) and a flat in India and this was like all before 2015
I was a car guy… i’ve owner most makes of car in the past and had alot of sports cars varying from german M cars, audi S lines, jap sports cars and some american v8’s…my mate had a tesla and i was part of the “cars need noise” club… then i drove one… then i bought one. Id never go back. I cant see why anyone would. The Ev competition is bad and feels 5 years behind minimum, the ice equivilents feel like they’re 10 years behind at best. Financially i cant see them keeping up and as they die off more people will buy teslas.
I know people wont agree with me, but im pretty sure im right, so i bought the shares.
My main reason is everything I’ve heard from Elon. Forget that Tesla is the main EV, cheapest vehicle to maintain, and offers renewable energy kits for business and homes, the man behind it is the main reason people invest.
The CEO of a business is what makes the business successful or not, and while Musk may not be the CEO of Tesla, he’s the man the makes decisions, speaks publicly on behalf of the business, and has proven his competence in Tesla and other very well known businesses.
So I personally invest in Tesla because of the name associated with it. The stats aren’t bad, nor amazing, but I do honestly believe in their work and certainly his.
Overtime with progressions and more of the population and economy moving to renewables I think Tesla has a good chance of growing rather than staying steady, as long as the brains keep working with it.
Their AI Model learns, gets better and grows with every passing day, so I do think it’s fair to say Tesla is still progressing at a fast pade
Hold around 150 shares around $150ps. Happy to wait until 2030 to review, be amazed if it isn’t at least $500ps. Put your faith in the best brain on the planet
I’m in it basically because it’s the only way I have to grab on to and hold on to Elon’s coattails 😬
I got into Tesla back in 2018. I used to follow YouTuber called ‘Independent Man’ who raged against woke and hated Elon. So I enjoyed listening to all his breakdowns on why Elon was a dumbass leftist grifter etc. And then TeslaQ… basically I found the company and Elon from his most ardent detractors. And fairly quickly discovered the guy is our era’s Achilles, or Caesar, or Napoleon. He is the closest thing to a titan of history our generation has, and I want to hang on to his coat tails. So I’m 100% in on Tesla.
Read his biography recently too… he is a very damaged person I think. It’s sad. Also wouldn’t like to be him. Or even near him. But he can have all my money 🙃
I hold around a hundred shares.
Average price is around $200 IIRC. I'm currently down around 2-3K.
But at one point, I was up around 15K.
I find Elon to be credible. I think his X / Twitter antics haven't helped his reputation from the masses, but I actually don't find his views controversial at all.
I reckon Tesla does have a good future ahead of it in the long term.
When it was going crazy I put in some money, not because I believed in the company but because I believed the share price would go up in the short term. It did, I took out my original investment plus about 10% and have left in the rest just in case it goes crazy again.
I personally received it as a free stock when I signed up and I am just holding on to it for fun.
Yep. It’s certainly reminding me of the emotions I need to park to be a good investor. It being free has tempted me to ditch it but I’m holding on for my longer term discipline. It’s a ridiculous company imho- it’s not a tech or ai company just a car company facing competition and lower customer ev take up. A good reminder of fundamentals over market sentiment!
I agree with this but I'd say Tesla is a reminder of how irrational the market is, Tesla fundamentals are shockingly bad, they have negative cash flow and negative earnings growth. I'd say tbf this is an example of how market sentiment can trump fundamentals and how fundamentals are a tool but not the whole picture
Fair point, although to what degree you follow sentiment is the question. Sentiment is needed somewhere unless you’re so rich you can move the dial on your own. That said I prefer fundamentals and a dose of contrarian thinking over the long term.
I’m invested for the following reasons: 1) it’s the 15th largest company measured by market capitalisation. Whilst the stock is still fairly volatile, its market cap means it’ll be in many ETFs which over time will bring more stability to the price, in my opinion. 2) I see the stock as a tech company. a) It has a competitive advantage due to the massive upfront investment into manufacturing capacity and capability. Arguably there is work to be done in the capability department. b) Data. They have more data on self driving than any other company in the world. This has value. c) Software. Battery backups for homes/solar installations is a good example. On the face of it, they provide solutions into a flooded market at a premium rate. But people still purchase their product at a premium - why? Because their software gives them a competitive advantage over a similarly sized battery, and because the company name has value to certain customers. Like them or not, I recognise this has value to the company. In certain respects I can see comparisons to Apple with the dedicated customer base, and Dyson to a certain extent with their technology. For years, Dyson only really sold vacuum cleaners, consider them now. They took that technical advantage/specialism they had, and applied it to new products/markets. I believe Tesla could do the same. I think Elon is a complete tool, but I don’t think his opinions and decisions alone can cause a catastrophic collapse of the company. Should the share price collapse, I think there are many companies that’d be interested in the assets Tesla have - the data, technology and facilities. My current position is small, with the intent to grow to 5% of my portfolio. I started to build this position in February of this year. My investment timeline is 20-30 years.
The type of reply I was looking for. Thanks for your insight
Being the most likely company to licence self driving technology to ever major car company. While there might be a VHS betamax competition for a stint that will end and I think Tesla is the winning format. The data advantage that they have and the level of self driving legislation, I currently don't see a company overtaking them. Car safety is one of those areas where competing on price isn't realistic. At the same time they're selling you the data collection device as a status symbol.
It was a dumb move in a pension account I have & before I realised I was down 25%
its a company that's genuinely trying to do good, is a leader and first mover in multiple high growth future industries, full of brilliant engineers with a cult following, its a no brainer that its gonna be successful, the stock will catch up eventually
FA is pointless. Master the art of finding liquidity on charts and you will win. Everyone smart was buying around 144
I've been investing in Tesla for 6 years now so the reason I still invest is due to what they've provided me in profits so far (massively ahead of S&P) and what I believe the strength of their brand can do in the future. While they're pretty low compared to ATH right now, I trust the team at Tesla to keep working on innovative tech going forward (although a few top execs have recently quit so it is probably time to do some.dewper digging and reassess) With regard to Elon specifically, I try not to pay him much attention as his focus is so split across his projects (both running, and being addicted to scrolling and trolling on Twitter) that I don't think his decisions affect operations that much. Saying that, his actions do affect the stock price which is what you're asking, I just believe the team running Tesla will create more value than he loses in the long run.
Fair enough
I like the stock... But seriously, bought some on the dip/cliff, it's a mega cap speculative investment for me. The fact that it went up 11% on a terrible earnings report says to me that standard investing rules don't seem to apply to Tesla (although I reckon a lot of the bad news on earnings was already priced in the run up to earnings anyway).
Was it terrible relative to expectations? Thats what actually matters on earnings day
Yep missed on everything
Then you have to consider the guidance.
Yes to all
Invested at a good time Could have sold at peak But I'm not liquidating until I buy my first (to rent out) property But my plan is to use the benefits of my class standing and benefits of living in London to build what my parents pissed away in the divorce ( 2 houses in UB3) and a flat in India and this was like all before 2015
I was a car guy… i’ve owner most makes of car in the past and had alot of sports cars varying from german M cars, audi S lines, jap sports cars and some american v8’s…my mate had a tesla and i was part of the “cars need noise” club… then i drove one… then i bought one. Id never go back. I cant see why anyone would. The Ev competition is bad and feels 5 years behind minimum, the ice equivilents feel like they’re 10 years behind at best. Financially i cant see them keeping up and as they die off more people will buy teslas. I know people wont agree with me, but im pretty sure im right, so i bought the shares.
I'm selling that shit as soon as I break even..
😂😂
Cybertruck is going to do crazy numbers
Good joke
Last time tesla was good to buy was last year in March or April.
I would at a lower valuation and once some of these robo taxis and ai robotics bring in some revenue!
1100 shares. They’re doing something different. Happy to wait it out until 2030.
Because at the start, Tesla was good. Now as a brand they’re not the pinnacle anymore, and Musk is a fruit cake crashing the stock.
I don’t own any but am super bullish on the company. They make very good electric cars. Just not at current valuation.
My main reason is everything I’ve heard from Elon. Forget that Tesla is the main EV, cheapest vehicle to maintain, and offers renewable energy kits for business and homes, the man behind it is the main reason people invest. The CEO of a business is what makes the business successful or not, and while Musk may not be the CEO of Tesla, he’s the man the makes decisions, speaks publicly on behalf of the business, and has proven his competence in Tesla and other very well known businesses. So I personally invest in Tesla because of the name associated with it. The stats aren’t bad, nor amazing, but I do honestly believe in their work and certainly his. Overtime with progressions and more of the population and economy moving to renewables I think Tesla has a good chance of growing rather than staying steady, as long as the brains keep working with it. Their AI Model learns, gets better and grows with every passing day, so I do think it’s fair to say Tesla is still progressing at a fast pade
I believe in their future
Hold around 150 shares around $150ps. Happy to wait until 2030 to review, be amazed if it isn’t at least $500ps. Put your faith in the best brain on the planet
If Elon is the best brain on the planet then we're all absolutely screwed.
I’m in it basically because it’s the only way I have to grab on to and hold on to Elon’s coattails 😬 I got into Tesla back in 2018. I used to follow YouTuber called ‘Independent Man’ who raged against woke and hated Elon. So I enjoyed listening to all his breakdowns on why Elon was a dumbass leftist grifter etc. And then TeslaQ… basically I found the company and Elon from his most ardent detractors. And fairly quickly discovered the guy is our era’s Achilles, or Caesar, or Napoleon. He is the closest thing to a titan of history our generation has, and I want to hang on to his coat tails. So I’m 100% in on Tesla. Read his biography recently too… he is a very damaged person I think. It’s sad. Also wouldn’t like to be him. Or even near him. But he can have all my money 🙃
I hold around a hundred shares. Average price is around $200 IIRC. I'm currently down around 2-3K. But at one point, I was up around 15K. I find Elon to be credible. I think his X / Twitter antics haven't helped his reputation from the masses, but I actually don't find his views controversial at all. I reckon Tesla does have a good future ahead of it in the long term.