TSLA Crashes to $5 per Share

TrailerParkTed said:
In a true Capitalist Market where would TSLA or SpaceX be without all those juicy Socialism tax credits since it’s beginning? I was taught in high school economics that high margins attract new participants and old ones to retool.



Elon has lost something after screwing up by wasting $30B on Twitter. If he’s so stable how come MS can’t find debt buyers for Twitter? I respect your faith, if my memory is right you held ENPH or SEDG through some big drops 2020-21(?) until it went back up.
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There's no such thing as true capitalist markets. There are markets controlled by large corporate players and markets controlled by governments. European governments decided that EVs would be the future of vehicles and the rest of the world seems to accept 2035 as the date after which ice vehicles will no longer be sold in modern nations. America is ambivalent but supply and demand will put that challenge to rest.
Musk (for whom I have little patience) is entirely open to competition, if and when it comes. The goal is a sustainable future.

Now why did you have to bring up a painful past? :sneaky:
 
I'm not trying to convert you into disciples of Tesla or Musk. Simply, Tesla:
Built cars
Built trucks
Makes batteries, for cars, for homes, for power grids.
Makes unique solar roof panels
Is a registered electric company in the UK and Germany
Built a grid level energy management application
Build a computer chip that rivals the world's best
Building a self driving application
Operates an auto insurance business
Building a lithium raw materials processing plant

I'm sure I'm forgetting a number of other things Tesla is doing that no other business is doing.

I decided to invest because it's so obvious.
 
TSLA has been called a EV car company, a software company an Energy company, I'm sure I'm missing others :D. The bottom is- it went from 100 billion ( i might be off on this number) to 1 trillion in a matter of 2 years-----all I can say is;

CMON MAN :p
 
Rams Fan said:
Tesla is "an energy company" only to the extent that it bought Musk's floundering Solar City in order to bail it out.

As far as solar companies go, Tesla doesn't even crack the top 10. At least, I Haven't found any source that credits Tesla as having more than about a 6% share in the US.

Someone might say to you that "as long as you credit Tesla as being anything more than a car company you will puzzle at its overvaluation."

At the moment, the market action in Tesla shares indicates that that part of the market that is necessary to support higher prices in Tesla shares is not only not participating (save for Cathy Wood who propped Tesla up yesterday with an $11MM buy) but that part of the market is actively liquidating its positions.
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it's an energy storage company that dabbles in energy generation to gaslight investors for bailing out solar city. It's trying its hand in energy speculation which will be the easiest thing or other OEMs to follow if customers are willing to sacrifice battery life
 
VicBee said:
There's no such thing as true capitalist markets. There are markets controlled by large corporate players and markets controlled by governments. European governments decided that EVs would be the future of vehicles and the rest of the world seems to accept 2035 as the date after which ice vehicles will no longer be sold in modern nations. America is ambivalent but supply and demand will put that challenge to rest.
Musk (for whom I have little patience) is entirely open to competition, if and when it comes. The goal is a sustainable future.

Now why did you have to bring up a painful past? :sneaky:
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No disrespect meant about SEDG, I agree with you. Peace!
 
You think Tax Loss selling and more Elon dumping? Obviously it's panic selling, I thought $6.15 on my $152.5 puts was good. I figured they would crush $150 after selling, had to step away. Bought some $149s for $4, thinking about dumping them.
 
According to Tesla bull Gary Black today is the last day elon can trade out of TSLA shares until 2 days after earnings, which report near the end of January. Getting him out of the market may give TSLA the respite it needs to mount a decent reaction against the bearish trend. But if the general market does what the general market looks to be ready to do, TSLA will get dumped along with the rest of the market.
 
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