• Starting today August 7th, 2024, in order to post in the Married Couples, Courting Couples, or Singles forums, you will not be allowed to post if you have your Marital status designated as private. Announcements will be made in the respective forums as well but please note that if yours is currently listed as Private, you will need to submit a ticket in the Support Area to have yours changed.

TSLA-Musk - How low will they go?

rockytopva

Love to pray! :)
Site Supporter
Mar 6, 2011
20,694
8,049
.
Visit site
✟1,248,555.00
Faith
Pentecostal
Marital Status
Single
Seeing Tesla set a fresh one year low. How low will she go? Any predictions on the TSLA stock? I would say $74 within the next year.

 

rockytopva

Love to pray! :)
Site Supporter
Mar 6, 2011
20,694
8,049
.
Visit site
✟1,248,555.00
Faith
Pentecostal
Marital Status
Single
Upvote 0

Neutral Observer

Active Member
Nov 25, 2022
318
121
North America
✟42,625.00
Country
United States
Faith
Christian
Marital Status
Single
Seeing Tesla set a fresh one year low. How low will she go? Any predictions on the TSLA stock? I would say $74 within the next year.
I bought some today. Watched Cramer really diss on it, and while I agree with him that the enthusiasm around this stock is gone, I think that the valuation is starting to look interesting. They'll almost certainly miss estimates for the next year or more, but long term I'm willing to take a risk on it. Between crypto and TSLA I'd rather bet on TSLA. As for $74 I don't see it happening, but it all kinda depends on what happens with Twitter. Still I'd call $100 more of a serious bottom.

Just my thoughts.
 
Upvote 0

rockytopva

Love to pray! :)
Site Supporter
Mar 6, 2011
20,694
8,049
.
Visit site
✟1,248,555.00
Faith
Pentecostal
Marital Status
Single
I bought some today. Watched Cramer really diss on it, and while I agree with him that the enthusiasm around this stock is gone, I think that the valuation is starting to look interesting. They'll almost certainly miss estimates for the next year or more, but long term I'm willing to take a risk on it. Between crypto and TSLA I'd rather bet on TSLA. As for $74 I don't see it happening, but it all kinda depends on what happens with Twitter. Still I'd call $100 more of a serious bottom.

Just my thoughts.
It seems to have bottomed. Lingering fears of recession.
 
Upvote 0

rockytopva

Love to pray! :)
Site Supporter
Mar 6, 2011
20,694
8,049
.
Visit site
✟1,248,555.00
Faith
Pentecostal
Marital Status
Single
Upvote 0

rockytopva

Love to pray! :)
Site Supporter
Mar 6, 2011
20,694
8,049
.
Visit site
✟1,248,555.00
Faith
Pentecostal
Marital Status
Single
Upvote 0

rockytopva

Love to pray! :)
Site Supporter
Mar 6, 2011
20,694
8,049
.
Visit site
✟1,248,555.00
Faith
Pentecostal
Marital Status
Single
Upvote 0

essentialsaltes

Fact-Based Lifeform
Oct 17, 2011
42,154
45,266
Los Angeles Area
✟1,007,790.00
Country
United States
Faith
Atheist
Marital Status
Legal Union (Other)

Elon Musk, the CEO of Tesla, recently made his first margin call for a loan to Twitter


Elon Musk, the CEO of Tesla, may have regretted buying Twitter, or at least the financing method he used. Musk has already received his first margin call. The call implies a requirement to pay up cash or offer additional collateral following the arrangement he struck with bankers to help finance his purchase of Twitter.
...
However, the initial loan-to-value ratio for the $12.5 billion facility component of Musk’s Twitter financing was 20%.

As a result, the $12.5 billion loans required $62.5 billion shares as security. That agreement’s initial margin call occurs when the loan-to-value ratio drops below 35%.

[And that recently happened due to the drop in TSLA's price.]
 
Upvote 0

rockytopva

Love to pray! :)
Site Supporter
Mar 6, 2011
20,694
8,049
.
Visit site
✟1,248,555.00
Faith
Pentecostal
Marital Status
Single

Elon Musk, the CEO of Tesla, recently made his first margin call for a loan to Twitter


Elon Musk, the CEO of Tesla, may have regretted buying Twitter, or at least the financing method he used. Musk has already received his first margin call. The call implies a requirement to pay up cash or offer additional collateral following the arrangement he struck with bankers to help finance his purchase of Twitter.
...
However, the initial loan-to-value ratio for the $12.5 billion facility component of Musk’s Twitter financing was 20%.

As a result, the $12.5 billion loans required $62.5 billion shares as security. That agreement’s initial margin call occurs when the loan-to-value ratio drops below 35%.

[And that recently happened due to the drop in TSLA's price.]
I am a stock investor... Do you think $108 was the low? I am currently invested in...


Where I am enjoying my monthly dividend and a small capital gain as well. Is the current $120 price on TSLA an investment or a dead cat bounce?
 
Upvote 0