Chase it, chase it, its getting away... This isn't going to end well.As I type the stock is going up $10 a minute. Currently at $1540, a gain of 10% just today.
Pretty soon it will be worth more than all the other car companies combined.
Chase it, chase it, its getting away... This isn't going to end well.
A reported twenty billion in shorts, it doesn't end well for someone.Chase it, chase it, its getting away... This isn't going to end well.
Good analogy... I think people are in for a "shocking" experienceFile a petition to change Tesla's stock symbol from TSLA to TLB (Tulip Bulb).
These showed up on the Tesla website last week: https://shop.tesla.com/product/tesla-short-shortsA pretty rich valuation for a company with $2-3b in annual operating cash flows and $7b in shareholders' equity. Someone is in for a big disappointment.
This kind of thing comes along from time to time. Examples include JDS Uniphase, Enron, WorldCom, Cisco, MySpace, and Amazon. You never know until everything becomes clear in the rear-view mirror.
My point exactly, though Cisco's tech bubble speculators suffered mightily, it did survive.Amazon is still at it, Cisco is too, but the others you mention are dead and buried.
This kind of thing comes along from time to time. Examples include JDS Uniphase, Enron, WorldCom, Cisco, MySpace, and Amazon. You never know until everything becomes clear in the rear-view mirror.
I've been hearing this conversation on this forum for quite a while about Tesla. Yet nobody every admits they were wrong.
One can consult the old Tesla thread to see who said what.
Two questions:
What do you mean by “this kind of thing”? And why do you include Amazon on a list of companies that have for the most part crashed and burned?
Observation about Tesla: Seemingly lots of problems. The Stanphyl Capital letter to investors from June has a compelling list of reasons for its short position. But in my opinion, the CIO ignores a simple and obvious high probability aspect of our future. Y over Y for the next 50 years, electric cars as a percentage of total cars is gonna go up. In a post combustion engine world (20 to 30 years?) unless your thesis is Tesla is going out of business, I’d rather be long than short. And I also wouldn’t be afraid to enter even now.
(Note, I don’t own any TSLA.)
I've been hearing this conversation on this forum for quite a while about Tesla. Yet nobody every admits they were wrong.
One can consult the old Tesla thread to see who said what.
Two questions:
What do you mean by “this kind of thing”? And why do you include Amazon on a list of companies that have for the most part crashed and burned?
Observation about Tesla: Seemingly lots of problems. The Stanphyl Capital letter to investors from June has a compelling list of reasons for its short position. But in my opinion, the CIO ignores a simple and obvious high probability aspect of our future. Y over Y for the next 50 years, electric cars as a percentage of total cars is gonna go up. In a post combustion engine world (20 to 30 years?) unless your thesis is Tesla is going out of business, I’d rather be long than short. And I also wouldn’t be afraid to enter even now.
(Note, I don’t own any TSLA.)
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As I type the stock is going up $10 a minute. Currently at $1540, a gain of 10% just today.
Pretty soon it will be worth more than all the other car companies combined.