-
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?
- Thread starter rockytopva
- Start date
essentialsaltes
Fact-Based Lifeform
- Oct 17, 2011
- 42,404
- 45,533
- Country
- United States
- Faith
- Atheist
- Marital Status
- Legal Union (Other)
I literally have no opinion. I figured out Musk was off his rocker some time ago and have no intention of investing in anything associated with him, so I haven't researched the company at all. I made (past tense) a lot of money on STKS and CIM. Right now I'm just holding.
Upvote
0
- Dec 1, 2011
- 22,365
- 18,324
- Country
- United States
- Gender
- Male
- Faith
- Atheist
- Marital Status
- Private
- Politics
- US-Others
Whatever you think of him Musk has been an effective hype man, pre-divorce and full throttle mid life crisis that showed how mercurial he is, that managed to sell the dream of Tesla making it gain a tech company like valuation. It looks like he has sped along the process of people seeing it's a somewhat innovative car company, not Microsoft. Now we're looking at the valuation settling to something more sane than being worth more than the rest of the automotive sector combined.
Upvote
0
Judging by the trading volume it looks like $100 will be the low. I would be tempted to buy but I am uneasy about 2023.
finance.yahoo.com
Two Year...
bigcharts.marketwatch.com
Tesla, Inc. (TSLA) Stock Price, News, Quote & History - Yahoo Finance
Find the latest Tesla, Inc. (TSLA) stock quote, history, news and other vital information to help you with your stock trading and investing.
finance.yahoo.com
Tesla Inc., TSLA Quick Chart - (NAS) TSLA, Tesla Inc. Stock Price - BigCharts.com
TSLA - Tesla Inc. Basic Chart, Quote and financial news from the leading provider and award-winning BigCharts.com.
Last edited:
Upvote
0
Hans Blaster
Raised by bees
- Mar 11, 2017
- 21,954
- 16,542
- 55
- Country
- United States
- Gender
- Male
- Faith
- Atheist
- Marital Status
- Private
- Politics
- US-Democrat
At this point (not having realized it fell below $115/share), I'd have to say below $100 is a certainty, below $80 is likely, and below $50 is possible. TSLA was *way* overvalued. They had a stock price like a run-away tech stock, when it is a manufacturing company. They can't just boost their income by selling more copies of their software or standing up a new server farm to cover their web traffic. They have to actually manufacture more cars and provide warranty service for several years after manufacture.
Upvote
0
Neutral Observer
Active Member
- Nov 25, 2022
- 318
- 121
- Country
- United States
- Faith
- Christian
- Marital Status
- Single
FYI, bought some more at @ $110. Was tempted to buy even more when it dropped to around $106 AH but held off hoping that it would eventually drop below $100. It still might, it's gonna be a tough couple of Qtrs. At the moment I'm looking good, but as we all know that could change really quickly. Always best to have a plan and stick to it. Currently the plan is... wait, I've got a good opening position for the time being so I'll hold there.
Upvote
0
Neutral Observer
Active Member
- Nov 25, 2022
- 318
- 121
- Country
- United States
- Faith
- Christian
- Marital Status
- Single
In my mind EV's are going to be around for the foreseeable future, so you have to have a position somewhere in that space, be it a manufacturer, or a supplier. I already have some chip stocks, so the logical thing was to buy some stock in a manufacturer. But which one? There are so many small startups. I ended up pairing Tesla with Ford. I've got equal positions in both.
So far, so good. But it could be a tough year. Then again I don't have a one year time horizon.
So far, so good. But it could be a tough year. Then again I don't have a one year time horizon.
Upvote
0
Low today of $106.63. Watch your heads me maytees! This one is falling hard!
finance.yahoo.com
Tesla, Inc. (TSLA) Stock Price, News, Quote & History - Yahoo Finance
Find the latest Tesla, Inc. (TSLA) stock quote, history, news and other vital information to help you with your stock trading and investing.
finance.yahoo.com
Upvote
0
Low today of $105.60. As a planes autopilot might suggest... Red Alert! Whoop Whoop! Red Alert! Whoop Whoop! Pull up! Pull up!
Upvote
0
$104.70... Mayday! Mayday! Shes dropping fast with the pilot sound asleep at the wheel! Brace... Brace... Brace! Prepare for impact! - Tesla, Inc. (TSLA) Stock Price, News, Quote & History - Yahoo Finance
Upvote
0
DaisyDay
I Did Nothing Wrong!! ~~Team Deep State
- Jan 7, 2003
- 41,953
- 19,930
- Country
- United States
- Gender
- Female
- Faith
- Unitarian
- Marital Status
- Married
- Politics
- US-Others
Two children and two adults survive after Tesla plunges 250 feet off California cliff
Fire officials said the children, 4 and 9, were in car seats that "saved their lives."
www.nbcnews.com
It's pretty impressive that no one was seriously hurt.
Upvote
0
Neutral Observer
Active Member
- Nov 25, 2022
- 318
- 121
- Country
- United States
- Faith
- Christian
- Marital Status
- Single
You have to learn not to get too caught up in day to day price fluctuations, it'll give you ulcers. Today's price drop was interesting, but not shocking. It's just back to where it was a week ago. You're either willing to take a position at this price level or you're not. Do your due diligence, evaluate the company/stock and make up your mind. Do you think that Warren Buffett is worried that Apple has dropped 30% from its high? Probably not. He probably sleeps just fine. (I own some AAPL too) If owning stocks is gonna keep you up at night every time they drop you should probably stick with a nice safe mutual fund.
Otherwise trust your research, know what you're buying and why, and have a plan. I know it can be frightening, but so long as you don't overextend yourself, you'll get used to it. As they say, this too shall pass.
Upvote
0
Hans Blaster
Raised by bees
- Mar 11, 2017
- 21,954
- 16,542
- 55
- Country
- United States
- Gender
- Male
- Faith
- Atheist
- Marital Status
- Private
- Politics
- US-Democrat
Upvote
0
And one must be cautious, I believe, of what is called the "Dead Cat Bounce" in which a troubled stock is given some kind of temporal hope, and then the reality of the situation sets in, causing it to fall further another day.
Tesla, Inc. (TSLA) Stock Price, News, Quote & History - Yahoo Finance
Find the latest Tesla, Inc. (TSLA) stock quote, history, news and other vital information to help you with your stock trading and investing.
finance.yahoo.com
Upvote
0
DaisyDay
I Did Nothing Wrong!! ~~Team Deep State
- Jan 7, 2003
- 41,953
- 19,930
- Country
- United States
- Gender
- Female
- Faith
- Unitarian
- Marital Status
- Married
- Politics
- US-Others
Two children and two adults survive after Tesla plunges 250 feet off California cliff
Fire officials said the children, 4 and 9, were in car seats that "saved their lives."
It's pretty impressive that no one was seriously hurt.
California doctor who drove Tesla off cliff to be charged with attempted murder
A doctor whom police say intentionally drove his Tesla off a California cliff - injuring his two children, his wife and himself - will face attempted murder and child abuse charges when released from a hospital where he was in stable condition on Wednesday.
www.reuters.com
Looks like it was meant to be a murder/suicide.
Upvote
0
TSLA $102.20 - Opening at a 52 week low... How low will they go?
finance.yahoo.com
Tesla, Inc. (TSLA) Stock Price, News, Quote & History - Yahoo Finance
Find the latest Tesla, Inc. (TSLA) stock quote, history, news and other vital information to help you with your stock trading and investing.
finance.yahoo.com
Upvote
0
Similar threads
