Tesla in Nov 1 2017

Over they past 6 months, I have spoken to a number of “traders” and “investors” that want to hold a long term, “large” position in Tesla. They believe it is a 10 year story that is only at the beginning.

They generally don’t care about short term movements. I don’t personally have that mentality but there are a number of companies over the last 5 years that the investor would have benifited from the long term view.
 
If Tesla is Amazon and today is 1999, you have to hold and go through the 2000 and 2008 rough patches. You would’ve done well but you would’ve also lost half the value both times and still held on. Not an easy thing to do. If you did that, you would’ve done well at over 10x. I love Tesla but I am not prepared to marry it for the next 10 years.
 
Pekelo said:
Because after the earnings drop, Elon will start to tweet about the new semi and the price will go up?
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OK. rather late entry actually.
better trade option betting price will go up very gently.
 
I expect the stock to drop $15 after the usually disappointing earnings, but after about 2 days it should be back to $320ish, because again, the semi reveal is coming.
 
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