Tesla, the investment

[CordMcNally]

And everyone else since then?

Depends where they bought it. I do feel bad for the people who put their life savings into it.

[VagabondMD]

Speculation stock. Always has been. One stock we never got into despite owning several of their products.

Amazon had lofty valuations too being only real online 800# gorilla with warehousing. ebay/walmart/target survived the punch and regaining market share taking the shine off Amazon

Tesla no different with VW, GM, and Ford taking the initial gut hits. 2023 will be interesting to see as market share erodes for Tesla and they will be forced to price adjust for losing their very healthy margins as the legacies catch up.

The question for Tesla is can it pivot like Southwest did to become a staple carrier or will Tesla fade like Netscape, etoys, myspace, or implode like Enron?

[getting popcorn out]

Did you say Southwest?

Elon Musk destroys a decade of goodwill and profitability in the two months since buying Tesla.

Southwest says: Hold my beer...

[uksho]

Will be interesting to hear from someone heavy in Tesla/ Amazon. Are they holding it or selling it !

[Brains428]

https://threadreaderapp.com/thread/1606811132488032257.html

a twitter thread consolidated. It's about Tesla valuation.

[xraygoggles]

People that bought 3 years ago have still 3x-4x their money.

So what? BTC is up 15,000x since birth.

The vast vast majority of ppl bought during the ascent of this bubble - or near its apex. Now forever baggies.

"

• Retail investors bought a net $15.2 billion of Tesla this year through Dec. 16, according to Vanda Research data.
• That's a record for Tesla, the firm said, well ahead of the $5.6 billion of net buying over 2020 and 2021 combined.

"

https://www.wsj.com/livecoverage/sto...ikCWBq4e3QELJm

[xraygoggles]

I wonder if BCBiker ever sold his decamillionaire gains, or if he round tripped it.

[StarTrekDoc]

Did you say Southwest?

Elon Musk destroys a decade of goodwill and profitability in the two months since buying Tesla.

Southwest says: Hold my beer...

Yes, southwest is %#$!$ in its pants this week too.

Glad we stayed home these holidays.

Tesla the board - really needs to put the screws to Musk to pay get back to work at Tesla or go away and be that guy on twitter fulltime. you never know, he just may do that the way he's making decisions these days.

[CordMcNally]

Tesla the board - really needs to put the screws to Musk to pay get back to work at Tesla or go away and be that guy on twitter fulltime. you never know, he just may do that the way he's making decisions these days.

I don't think his presence or absence has necessarily affected what has happened with Tesla over the last few months. The stock was way, way overpriced.

[xraygoggles]

Sophisticated investors, institutions, pensions, hedge funds etc want someone at the helm who is lucid, predictable, & has the company's reputation/viability/best interests at heart.

Pretty sure going full Alex Jones on Twitter doesn't help - neither does hobnobbing with oil barons and Jared Kushner at the World Cup. Not to mention continuously dumping on shareholders near local tops. That wasn't the only reason ofc, but to say his antics didn't do significant material damage to the company is kinda weird.

[Tim]

Did you say Southwest?

Elon Musk destroys a decade of goodwill and profitability in the two months since buying Tesla.

Southwest says: Hold my beer...

Depends upon which target market segment you are polling.

[VagabondMD]

I don't think his presence or absence has necessarily affected what has happened with Tesla over the last few months. The stock was way, way overpriced.

It is more about his behavior on Twitter and how that reflects on his reputation as an innovator, genius and leader. As Paul Krugman wrote in his op-ed piece today (paraphrasing), based on what he's seen of him in the public eye, he would not trust him to watch his cat, let alone be the CEO of a $350B (and shrinking) company.

[Tim]

It is more about his behavior on Twitter and how that reflects on his reputation as an innovator, genius and leader. As Paul Krugman wrote in his op-ed piece today (paraphrasing), based on what he's seen of him in the public eye, he would not trust him to watch his cat, let alone be the CEO of a $350B (and shrinking) company.

But Paul Krugman is an unbiased source?

Never bought Tesla as an auto. Because the “signaling” was perceived as more of benefit than the reality of the benefit of being an early adopter.
Never bought Tesla as an individual stock. The reality is the valuations were being pumped as an early adopter technology company.

None of those is based on a bias at all. Pure agnostic judgments. I try to keep investment and purchase decisions unbiased.

I don’t watch anyone’s cat, so the opinion expressed is useless to me. Btw, I don’t have any cats, so I can’t really gain knowledge about how to pick a political correct cat sitter.

[GIMD]

For those who said TSLA is too expensive, at what price do you consider it to be fairly valued? After the precipitous drop this year, I'm itching to buy the stock once it hits below $100/share.

[StarTrekDoc]

For those who said TSLA is too expensive, at what price do you consider it to be fairly valued? After the precipitous drop this year, I'm itching to buy the stock once it hits below $100/share.

So are a lot of folk sitting in the sidelines watching this whole sheetshow

[Panscan]

For those who said TSLA is too expensive, at what price do you consider it to be fairly valued? After the precipitous drop this year, I'm itching to buy the stock once it hits below $100/share.

Well you will have your chance today.

If valued as a car company with similar multiples it would be 50-70