NewInvestor
Supremacy Member
- Joined
- Dec 17, 2014
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Still $560 despite negative news. How to load up at this price? May load more if below $500. Have to look at risk reward ratio.
Still $560 despite negative news. How to load up at this price? May load more if below $500. Have to look at risk reward ratio.
EMAIL FROM ELON MUSK TO COMPANY
From: Elon Musk
To: Everybody
Subject: Costs are extremely important!
Date: Dec. 1, 2020 [time redacted]
At a time like this, when our stock is reaching new heights, it may seem as though spending carefully is not as important. This is definitely not true!
When looking at our actual profitability, it is very low around 1% for the past year. Investors are giving us a lot of credit for future profitability but if, at any point, they conclude that’s not going to happen, our stock will immediately get crushed like a souffle under a sledgehammer!
Much more important, in order to make our cars affordable, we have to get smarter about how we spend money. This is a tough Game of Pennies, requiring thousands of good ideas to improve part cost, a factory process, or simplify the design while increasing quality and capabilities. A great idea would be one that saves $5, but the vast majority are $0.50 here or $0.20 there.
In order to make the electric revolution happen, we must make electric cars, stationary batteries and solar affordable to all.
Thanks and great working with you as always,
Elon
Goldman Sachs upgrade Tesla to buy. Spike up during AH. those who bought yesterday congrats?
He like sandbagging or jiak humble pie
Go in target <540!Still $560 despite negative news. How to load up at this price? May load more if below $500. Have to look at risk reward ratio.
Go in target <540!
Sent from Samsung SM-T830 using GAGT
from this articles mean 18th dec need to buy in 50++ billions worth of tesla?
https://www.cnbc.com/2020/12/01/sps...uRRuz2ytAFwZJdDfr5F-1YHXwugmGNDgTKJ4zIYyDnqRU
Still $560 despite negative news. How to load up at this price? May load more if below $500. Have to look at risk reward ratio.
How do you calculate risk reward for such stock...? The movement has been parabolic.. if it ever crash it will likely to drop like a rock too..