TSLA

[Stevedore]

So TSLA has had a nice move since the S&P announcement. Will it spike a bit more on the effective date when the associated index funds have to own it? Or will that already be priced in?

[Will]

Who knows? I own a single share as a lotto ticket, my only b.s. speculation in our portfolio.

I'm not invested in TSLA, I'm invested in the Tesla cult continuing to drink the kool-aid.

Cathy Wood could be right and this thing could be a 20x bagger from here. It's a pretty devoted cult. They can slap together shitty cars in tents, scare off in-house counsel repeatedly b/c of rampant fraud, spit in the SEC's face, etc. and the cultists just buy in even more.

[Dixievet]

[Steve_R]

Invest all your retirement funds in TSLA now. Timing the market always works well.

YW

[Stevedore]

Originally Posted by Steve_R

Invest all your retirement funds in TSLA now. Timing the market always works well.

YW

Approx 95% of my investments are in broad-based index funds. I bought TSLA for "entertainment" purposes, if you will, joking with my family that I was hoping to realize a gain sufficient to pay for a Tesla car. It's more than tripled since I bought it, but not enough to buy the car yet.

[Dixievet]

Originally Posted by Stevedore

Approx 95% of my investments are in broad-based index funds. I bought TSLA for "entertainment" purposes, if you will, joking with my family that I was hoping to realize a gain sufficient to pay for a Tesla car. It's more than tripled since I bought it, but not enough to buy the car yet.

My average price is sitting at $68/share

[Stevedore]

Originally Posted by Dixievet

My average price is sitting at $68/share

Excellent! I'm $160-ish.

(Do I recall correctly that you pre-ordered a Cybertruck?)

[Dixievet]

Originally Posted by Stevedore

Excellent! I'm $160-ish.

(Do I recall correctly that you pre-ordered a Cybertruck?)

I saw where Tesla has changed the truck production factory from 8/hrs a day to 24.

I hope I get mine in 2021 but will just have to wait and see

[The_Dude]

I gambled a few thousand a couple of months ago.

[Mick]

Years ago, I bought 1000 shares of Solar City. A few years later, TSLA bought them out with all stock, and I got a whopping 88 shares of TSLA for my 1000 SCTY. I later bought 12 more shares, bringing my cost basis to just under $400 per share. For years I sold calls at 400 any time there was money in them, until one of the big run-ups finally returned my $40,000 to me. I have never looked back.

Do any of you guys really think we are going to electric cars, and wind/solar power in the next 10-15 years? If not, unless you are very young, why would you invest in this company at current valuations?

[dvarapala]

Originally Posted by Mick

Do any of you guys really think we are going to electric cars, and wind/solar power in the next 10-15 years?

Yes - because Great Reset.