Is a long-term holder
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
chk: I fully understand your frustration. Fortunately my fsd, now up to 12.5.1, runs fine on m HW4 car. I was just notified that 12.5.3 is now installed on my car. Neo word yet on the latest upgrade.
IF you do. you ain't seen nothin' yet!!
chk: TSLA opened at 217.85 on Monday morning. It closed on Friday evening at 220.89. Is that what you consider "a high rate of speed"?
I am very interested in your price target on TSLA, and how you estimate it. Keep in mind that TSLA has not made much profit over the years. Here are the last five years EPS.
2019: (0.33)
2020: 0.21
2021: 1.63
2022: 3.62
2023: 4.30
The eps figures ate taken from. https://www.wsj.com/market-data/quotes/TSLA/financials/annual/income-statement and are based on fully diluted number of shares. Current P/E forward = 69, current P/E (back) = 61.8 (forward/P/E > back P/E shows negative growth).
Typical P/Es for Auto companies: GM about 6, Ford: about 7, STLS: about. 8 Toyota about 9; MB, BMW about 4-5. VW<4.
See https://companiesmarketcap.com/automakers/automakers-ranked-by-pe-ratio/
Did you take action after the double top breakout or were you waiting for the triple top breakout>
Isn't that exactly what shorts do?
George, please elaborate. Why? Is that your gut speaking or do you know something?
JJ: You still think fundamentals matter much less than technical factors?
YUP! No place for weak stomachs!
Geirge, do you have any specifics information about why you said 3 pm?
Has anybody noticed how even on days where TSLA is down substantially in pre-market trading, it usually manages to find its way into positive territory?
Yes. Indeed with the market not helping AT ALL.
Hey Moon
Welcome back. I saw your posts earlier but have not been able to reply because of an issue woth my account.
I see that you are still basically a technician. Do you think the recent rally in the stock was because of technical factors alone?
As you know I think that fundamentals actually control. However, the push required can vary based on technicals. Do you think that now momentum is sufficient to carry the stock for a day, at least?
Monica, i hope you accumulate as many as you can; however, use ONLY money that you do not expect to need for at least 5 years.
I had an end-of-June deadline to get my margin account down to reasonable levels.
I accepted the challenge. Mainly because I agreed with her. Unfortunately the ONLY way to reduce my margin was to sell ALL of my unencumbered TSLA stock so I put in sell orders The majority of my sales were at $195 with a smaller number getting me $215.
I think that is enough. Going forward. I will be more careful. My darling wife keeps reminding me of the fact that we will never run out of money. And our children are well-settled. The ONLY reason I still trade is that it is so easy to make money, given our clueless. And it gives me something to do,
You better believe it! How could that company which should be priced as an auto company keep this up?
Not as nice as $1000 on the non-split basis, i.e, $333
That makes at least 2 of us!
Oh no! Another technicals believer!
Even the most bearish analysts KNOW that. The problem is: How can you model unknown cash flows in a defensible manner?
I do not think that having FSD installed gives you the option to activate, or not..
Crudeoil: while your post captures the past fairly well, you are ignoring two vital factors;
1, past performance is no guarantee for the future
2. How can an analyst capture the impact of brand new technology?
Please focus on point number 2. In my opinion, every model I see of TSLA in 2025
and later, even the ARK model, is based on wild-ass guesses. How can anybody put numbers on a concept? I think even the most bearish analysts realize (whether they are allowed to broadcast it or not) that TSLA is more than just an auto company. For instance Toni Sacconaghi’s target price estimate was lowered in March from $150 to $120. If you were to use a p/e of , say Toyota, the price target should be no more than (8.24 times projected TSLA earnings for 2025) i.e 8.24 x 2.22 = $18!!
The lowest price target on TSLA that I can find today is $22, about 1/8 th of current price yet the consensus analyst recommendation on TSLA is BUY!
Chk: actually I am hoping for some fireworks at the 2nd quarter earnings call which is in July
Diamond: i am willing to bet anybody that we see $2,600 in 3 years,
Psst. Don’t give away the secret just yet!
JJ: coming from you, that post was a stunner. Not exactly bearish, is it?
Does anybody know what happened at 9:30 to TSLA?
Hi boston, i should know better! BUT every time I read your nonsense, I feel compelled to respond.
Sorry here goes.
As a person of science, I am truly astonished that you believe,
Perhaps today?
JJ: are you still bearish?
Well, short it then!
An incredibly honest post by an admitted bear! You rock, JJ
Sounds like wishful thinking on your part .
JJ: ALL your posts are about technical analysis which I have zero interest in. Thetefore, i am adding you you to my ignore listt.
And what do you think will happen then?
moon: i read through the entire post by boston who has graced my IGNORE list for a long time. so I do not normally read Boston’s posts, I do know that he is always on jod EMF kick, having convinced himself that ev’s sre more prone to attack by EMF forced than IC cars. FINALLY I think I understand why.
Because they have larger computers!
i do not think I will chsnge my ignore list just yet, though!
JJ: ignore fundskentals at your own peril!!
george: they would br awesome
By the way, what do you think of markrt teaction to the semi announcement ? i think THAT represented at most $50 million increase in annual revenue! Just wait for a FULL FSD release!!!
i have been buying full FSD for all MY cars. Finally, I am sooo hlad!
considering all the bad publiclty!