Is $TSLA a buy here?
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Anonymous
| Lost their technological advantage and half the country won’t buy one. |
Anonymous
| A good part of Tesla's valuation was based on the myth of Musk. That's been irreparably compromised. That's not even getting into him permanently destroying a huge chunk of his market (regardless of product) domestically and internationally. |
Anonymous
It is a meme stock. It’s trading at over 100x P/E: orders of magnitude above actual value. Look at where it was before 2020. Europe is absolutely DONE with Tesla, that market is over. The US is getting there. Now it’s looking for more corrupt govt welfare like excepting American cars from tariffs or foreign ones. Pathetic. |
Anonymous
SpaceX is an idiotic idea. Literally fighting gravity to terraform Mars? Laws of nature will win this one. |
Anonymous
| Yes will buy if falls below 150 |
Anonymous
I'm not buying SpaceX, I think a future administration will cut all contracts and dump the company in revenge for what's going on now. I also doubt there are many people willing to trust Musk enough to let him blast them into outer space. |
Anonymous
I detest Leon with the strength of 1000 men, but it's not that easy to buy SpaceX stock as a regular person, because it's not publicly traded. What I do wish for now is a "Total Stock Market minus Tesla' index fund. Honestly very frustrated that just under 1% of my stock holdings are tied up with that guy, but they are going down every day! |
Anonymous
| No. I think the market for Tesla was saturated even before recent events. Pure EVs are not that practical in the US beyond those who already took the plunge. The safety records and sleight of hand on revealing that plus Musk’s erratic behavior will ultimately put Tesla behind traditional automakers. I, and most of my friends and family weren’t going to buy a Tesla before, and certainly won’t now. |
Anonymous
| When its own board is selling millions in stock, I'd think it's a bad thing. I am not a finance person at all, but this is what my gut tells me. |
Anonymous
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I rode in a cybertruck at an EV event with a nice and extremely enthusiastic driver. He asked me if I wanted to see it go driverless and I said yes.
The cybertruck proceeded to drive down the wrong side of the road (if there had been oncoming traffic that would've been really scary), then turned into a dead end. It had been programmed to go to a hotel. |
Anonymous
It probably detected a little kid walking in the dead end road. Needed to add to its kill count. |
Anonymous
Very easy to do this. Just buy spdr and short tsla. |
Anonymous
+1. CA pension fund has also sold 50% of its holdings and Canada is going to become a foe of Teslas too with this trade war. Don't see where the growth potential would come from. |
Anonymous
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I sold TSLA before it crashed. Not buying again, not because of politics, but because I don't think it's ever recovering, for all the reasons posters have explained. I have 15M invested in high tech and biotech, so no stranger to risk! But this is folly. |
Anonymous
| Doge issues aside, the CEO is MIA, can't be good for the company. |