Tesla stock

[Tool18]

Momentum stock, very dependent on its strategic direction. , believe the fair price is 600 to 700 and will grow to 2k in 5 years as Long crazy musk is leading it

 

[Converged]

Momentum stock, very dependent on its strategic direction. , believe the fair price is 600 to 700 and will grow to 2k in 5 years as Long crazy musk is leading it

Do u think it will drop to 700 in near future?

Posted from PCWX using Nokia 3310

 

[Tool18]

Do u think it will drop to 700 in near future?

Posted from PCWX using Nokia 3310

Yes with a 30% probability . Their market cap is almost near Toyota the world largest car manufacturer when there’s no fundamentals for Tesla to be Go see their company P&L and provide you 2 links below . Finally please DYODD

https://www.stockopedia.com/share-prices/tesla-inc-NSQ:TSLA/

https://www.google.com.sg/amp/s/www...r-1000-is-tesla-stock-a-buy-sell-or-hold.aspx

 

[fzhfzh]

I bought about 50-60k USD of tesla stock at around $300. Held it all the way to now and will continue to hold. Bought the stocks right after I test drove a tesla model x and model s. Planning to buy a model x in the next 1 to 2 years. Almost every person who test drove a tesla or own one, are bullish of the stock.

People who are bearish on Tesla usually like to compare it to toyota, volkswagon etc traditional player's p/e ratio. Most of them usually have no experience with the car itself. If you test drove a tesla you would know. It feels exactly like how I used an iphone for the first time. Many people have thought iphone won't be game changing vs nokia phones, and they have proven to be wrong.

The reason why tesla stock is worth it's price is that while toyota, vw etc might have higher sales volume, they are plagued by their existing business model, unions, and dealerships. When I service my BMW, I have to go to the dealership. The dealership make most of their money from maintenance and service, and they try to rip me off every time. That's one reason I'm dumping my bmw and switching to tesla. BMW used to be one of the best selling luxury car in US, now it's in the gutters.

Time have proven again and again that it's extremely hard for incumbent businesses to adapt to disruptive technology. EV is one of them. VW, toyota, etc might see EV coming as the future, but their whole organizational culture is still ingrained in ICE cars. By the time EV becomes the mainstream, it would be too late for them. I see a world where Tesla would own more than 50% of the automobile market. Whereas the other players would fight for the not so profitable low end EV market like android makers nowadays.

 

[bakuten]

Model Y seems to have quite abit of issues. Alot are getting returned.

Once Q2 report come out and reflect the drop in profits.....may have another chance to load up for those who missed the boat.


Of course....if they somehow beat earnings expectations....then off to 2k it goes. Lol

 

[sharinganez]

I bought about 50-60k USD of tesla stock at around $300. Held it all the way to now and will continue to hold. Bought the stocks right after I test drove a tesla model x and model s. Planning to buy a model x in the next 1 to 2 years. Almost every person who test drove a tesla or own one, are bullish of the stock.

People who are bearish on Tesla usually like to compare it to toyota, volkswagon etc traditional player's p/e ratio. Most of them usually have no experience with the car itself. If you test drove a tesla you would know. It feels exactly like how I used an iphone for the first time. Many people have thought iphone won't be game changing vs nokia phones, and they have proven to be wrong.

The reason why tesla stock is worth it's price is that while toyota, vw etc might have higher sales volume, they are plagued by their existing business model, unions, and dealerships. When I service my BMW, I have to go to the dealership. The dealership make most of their money from maintenance and service, and they try to rip me off every time. That's one reason I'm dumping my bmw and switching to tesla. BMW used to be one of the best selling luxury car in US, now it's in the gutters.

Time have proven again and again that it's extremely hard for incumbent businesses to adapt to disruptive technology. EV is one of them. VW, toyota, etc might see EV coming as the future, but their whole organizational culture is still ingrained in ICE cars. By the time EV becomes the mainstream, it would be too late for them. I see a world where Tesla would own more than 50% of the automobile market. Whereas the other players would fight for the not so profitable low end EV market like android makers nowadays.

Where is ur base? US or SG?

 

[initialbeaute]

Model Y seems to have quite abit of issues. Alot are getting returned.

Once Q2 report come out and reflect the drop in profits.....may have another chance to load up for those who missed the boat.


Of course....if they somehow beat earnings expectations....then off to 2k it goes. Lol

Approx when will Q2 come? Hoping to load in lower. Now alrdy v high.

 

[fzhfzh]

Where is ur base? US or SG?

US. That’s why I’m bullish on Tesla, more and more Tesla cars on the road here everyday

 

[fzhfzh]

Model Y seems to have quite abit of issues. Alot are getting returned.

Once Q2 report come out and reflect the drop in profits.....may have another chance to load up for those who missed the boat.


Of course....if they somehow beat earnings expectations....then off to 2k it goes. Lol

It won’t matter. Every model have a lot of issues at the start. Tesla uses agile methodology from software development to car manufacturing. Every issue is fed back into the cycle and improved upon. You hear tons of issues for model x, but most of them it’s really for the first year cars in 2016. Cars after that really are not that problem prone. If you only read news you might have thought Tesla has more issues than Range Rover, but it’s just news click bait at work.

 

[bakuten]

It won’t matter. Every model have a lot of issues at the start. Tesla uses agile methodology from software development to car manufacturing. Every issue is fed back into the cycle and improved upon. You hear tons of issues for model x, but most of them it’s really for the first year cars in 2016. Cars after that really are not that problem prone. If you only read news you might have thought Tesla has more issues than Range Rover, but it’s just news click bait at work.

It actually matters.

Cuz i believe alot more orders are coming along the way.

Every returned vehicle is more time lost fixing it, leading to lesser production. Lesser production means lesser profits.

This also means....the tech is there working.
This lesser profit thing is good for people who are looking for a chance to buy in.

Anyway people who are valuing tesla as a auto company is making a big mistake.

IMO....It should be valued like a tech company. Think Tesla as apple and their cars as iphones.

 

[fzhfzh]

It actually matters.

Cuz i believe alot more orders are coming along the way.

Every returned vehicle is more time lost fixing it, leading to lesser production. Lesser production means lesser profits.

This also means....the tech is there working.
This lesser profit thing is good for people who are looking for a chance to buy in.

Anyway people who are valuing tesla as a auto company is making a big mistake.

IMO....It should be valued like a tech company. Think Tesla as apple and their cars as iphones.

I think they will beat profit again. Their model 3 is selling like hot cakes in China. Fixing time would not really be a significant factor in overall profit/loss

 

[win_man]

Broke record again! huat ah!

 

[Investsafe]

Huat ahh!!

 

[fzhfzh]

Huat ah, portfolio increased by another 10-20k today from Tesla. As I’ve said, repair rate is not going to have a meaningful impact on production. Tesla allocates certain amount of resources to repairs. If repairs increases people just have to wait longer, sometimes months, but for minor issues it’s fine.

 

[LetHerGo]

Is it too late to buy now?

 

[reddevil0728]

Is it too late to buy now?

depends on time horizon

 

[LetHerGo]

depends on time horizon

Can hold for 1 or 2 years.
Possible to go to $2000?

 

[reddevil0728]

Can hold for 1 or 2 years.
Possible to go to $2000?

if anybody got such foresight, they will be making unlimited profits already. DYODD

 

[loopconvoy]

hopped on too late. currently only 10+ shares and looking to add more and hold long term.

wondering if you guys have a price limit in mind where its not as worthwhile adding anymore at that point.

 

[Lycanboiboi]

hopped on too late. currently only 10+ shares and looking to add more and hold long term.

wondering if you guys have a price limit in mind where its not as worthwhile adding anymore at that point.

The recent surge is due to the anticipation of Tesla being included in the S&P500. If it does, the price will still go up. I personally believe they still have a long way to run.

Since S&P500 is by far the most popular index in US, many passive, safe and risk-averse investors who have been avoiding Tesla all these years are kind of forced to have a position it it whether they like it or not.

Tesla is one of the largest positions in my portfolio and i'm very bullish long term. Only up about 125% now, which is relatively small compared to other Tesla bulls since i was kind of late to the party too, but i'm still buying on the way up.

DYODD.