Tesla, the investment

[Jaqen Haghar MD]

just wait till that tesla version comes out....

I was actually excited for the cyber truck.... until I saw it.
I literally thought it was a practical joke.

Expectation vs reality I guess...

[Zaphod]

I was actually excited for the cyber truck.... until I saw it.
I literally thought it was a practical joke.

Expectation vs reality I guess...

Also disappointed. While very cool in a cool sort of way, it wasnt a truck, not like I'd consider.

[Nysoz]

Supposedly it looks better in person than through pictures. I think the thing that makes it look strange to me is the no side mirrors. I wonder if it would look more 'normal' with side mirrors. I'd be interested in getting one or something similar so I wouldn't have to worry about scratches, door dings/dents, or rust anymore. I mean it's planned to be made with the same metal as the spacex rockets/starship which I think is neat. With the whole form follows function thing and how the body is structural I'm interested to see how it would do in a crash test and crumple zones before buying one though.

From an investor standpoint, I'm cautiously looking forward to it because there's 500-700k+ reservations (only $100 deposit so who knows how many will actually go through). sandy munro also did an estimate about how much it'll take to tool out a factory to build it and it's way cheaper than a traditional auto plant especially when you don't need a paint shop.

https://insideevs.com/news/396785/sandy-munro-cybertruck-cash-cow-tesla/

[xraygoggles]

Cybertruck is a joke. Looks like crap.

Not only that, but who is the market they are appealing to? Wannabe tough guys in tech? Effeminate F-150 drivers? These are oxymorons btw.

[EntrepreneurMD]

VTSAX, VFIAX buying TSLA today at about $670/share, at one heck of a valuation. Just sayin'. Would most of us buy it today?

[East coast]

VTSAX, VFIAX buying TSLA today at about $670/share, at one heck of a valuation. Just sayin'. Would most of us buy it today?

Wouldn't VTSAX already have bought it all along?

[EntrepreneurMD]

Wouldn't VTSAX already have bought it all along?

Oh yeah it does seem so. I guess it's so diluted with the total market with just a 3% YTD advantage over VFIAX, although both are respectable this year relative to historical norms.

[Random1]

VTSAX, VFIAX buying TSLA today at about $670/share, at one heck of a valuation. Just sayin'. Would most of us buy it today?


I would buy it today at 670 if I could someone to buy it from me in the near future for $700

But I would just buy and hold, the time Telsa grows earnings enough to justify the price, it will be worth more than then entire VFIAX combined. Good thing they are selling cars and not tulips.

[xraygoggles]

Quad witching today. Should be some fireworks today after hours when a lot of large buy orders go through. There may be a lot of selling on Monday as well, due to speculators cashing out. Volatility should be off the charts. If someone wanted to take advantage of the insane IV, could sell some options, but highly speculative.

[Nysoz]

yep quad witching. some people think most of the buying will be done 345 pm or so during the closing cross. if not then possibly after hours or monday. I kinda want to sell way otm naked calls/spreads but that's a terribly dangerous game. I'm using as much margin as I feel comfortable so I'm just sitting on my positions. if it squeezes up to $1000 I'm buying puts

[Zaphod]

yep quad witching. some people think most of the buying will be done 345 pm or so during the closing cross. if not then possibly after hours or monday. I kinda want to sell way otm naked calls/spreads but that's a terribly dangerous game. I'm using as much margin as I feel comfortable so I'm just sitting on my positions. if it squeezes up to $1000 I'm buying puts

Its a totally smart play based on IV, but IV is high because it happens. If you keep the spread sized matched to your number of shares, it would be lossless really. Wouldnt sell covered as you'd likely be more upset if it just rocketed. Puts seem cheap.

[Brains428]

I'm still confused as to how the inclusion works. The index funds will sell shares of other stocks to maintain cap weights?

[Nysoz]

I'm still confused as to how the inclusion works. The index funds will sell shares of other stocks to maintain cap weights?

yeah, index funds will sell a small portion of everything else to buy TSLA. unknown how exactly they'll do it but the 70M shares of TSLA traded in the last 15 seconds of trading shows they used closing cross and quadruple witching for liquidity.

[Tim]

Definitely event driven. This market is way disconnected from the economy or fundamentals.
FedEx had what analysts seem to interpret as an outstanding quarter. Down over 5% but Tesla is now included in the S&P 500.
Mr. Market is capable of continuing or reversing much longer than I can tolerate. Good luck playing Tesla.

[Nysoz]

Yep all speculation about the s&p inclusion. So looks like all index funds bought in at $695.

Personally my price target was $720 in 2022. So I might be forced to sell some shares between now and then with all my covered calls.

I wouldn’t be surprised if this dips back to high 400s low 500s when things settle down.