Tesla, the investment

[burritos]

https://people.com/crime/father-who-drove-tesla-off-cliff-radiologist-passengers-wife-kids/

Good PR for tesla. Not so great PR for suicidal docs.

[Dont_know_mind]

Hmmm, I'm not sure I agree with this necessarily. One can make an argument that speculating with 10-20% of Roth money may be better than taxable - sure you don't get to TLH, but if you hit it big, you don't pay taxes.

I'm biased since I speculated a lot during 20-21 bubble market, in both Roth and taxable. My Roth gains are quite large for a relatively young account. The impt thing is IF you get lucky on some speculative plays, need to sell them - then go back to boomery folio.

I find the idea of trying to pack Roth space at some stage with stuff that can go up 10X attractive.

What is your Roth and retirement space allocated to currently?

[bovie]

I find the idea of trying to pack Roth space at some stage with stuff that can go up 10X attractive.

What is your Roth and retirement space allocated to currently?

Agree. Have said this in several threads in the past.

We have 100% of our Roth space dedicated to a 3x leveraged momentum strategy.

The ability to de-risk with a substantial amount of assets completely tax-free in a few decades is crucial.

Not to mention no tax drag or rebalancing barriers along the way.

[Panscan]

More price cuts in China in Y and 3 because there is so much demand…. It’s over

[Molar Mechanic]

More price cuts in China in Y and 3 because there is so much demand…. It’s over

You keep saying it. I bet if you type it in all caps it’ll happen sooner.

Companies that are growing at 40% YOY while shitting cash often go bankrupt.

[Panscan]

You keep saying it. I bet if you type it in all caps it’ll happen sooner.

Companies that are growing at 40% YOY while shitting cash often go bankrupt.

Everything is clearly fine based on being down 40% in a month. A cult. Nothing more, nothing less.

[Zaphod]

[CordMcNally]

Tesla isn't going anywhere any time soon. Is their stock overpriced? Yes. Does their stock likely fall another 50%-75%? That's my guess. I suspect they'll still be in the car business in 5 years but likely more appropriately priced with more tempered expectations.

[Zaphod]

Tesla isn't going anywhere any time soon. Is their stock overpriced? Yes. Does their stock likely fall another 50%-75%? That's my guess. I suspect they'll still be in the car business in 5 years but likely more appropriately priced with more tempered expectations.

Agree bankruptcy isnt a concern, but it doesnt matter for the true believers and 99% of stock holders who bought in the last 2 years. Even 50% is disastrous and no reason it cant be worse, once the shine is off things can get ugly quick. While it was a long time coming competition is truly here and for tsla to fight back will cost them money, aka a redesign, etc....

New ownership/representation, possible. not sure that will help price though, then is solidified as just care company.

[Tim]

Agree bankruptcy isnt a concern, but it doesnt matter for the true believers and 99% of stock holders who bought in the last 2 years. Even 50% is disastrous and no reason it cant be worse, once the shine is off things can get ugly quick. While it was a long time coming competition is truly here and for tsla to fight back will cost them money, aka a redesign, etc....

New ownership/representation, possible. not sure that will help price though, then is solidified as just care company.

“While it was a long time coming competition is truly here and for tsla to fight back will cost them money, aka a redesign, etc....”

In the automotive industry, you have technological changes, aesthetic design changes and changes in customer behaviors.

Tesla hit a sweet spot, but transition is inevitable.
Maybe it’s a battery company or just another automaker. Investors will look at competitive market share in the next 5 years . Unknown.

https://www.caranddriver.com/feature...electric-cars/
Style sells. Tesla has huge hurdle and competitive disadvantage here. The competition had decades of styling changes targeted to customer behaviors.

The pickup market is huge.

https://finance.yahoo.com/news/ram-reveals-ev-pickup-concept-that-will-compete-against-ford-gm-and-rivian-152441869.html

Tesla really has to pick up its game to remain competitive. Ford, Chevy and Ram are all in with more reliable product maps.
Same styling groups just different power source.

[xraygoggles]

I find the idea of trying to pack Roth space at some stage with stuff that can go up 10X attractive.

What is your Roth and retirement space allocated to currently?

I'm on a wait & see approach. Nothing exciting. Kinda boring rn.

Some Vti, some Treasuries (medium to long duration, no leverage), some high yields with low duration and relatively good credit-worthiness ie less junky; some cash.

Also have some shorts via 1x bear ETFs on some high beta names (including this thread's namesake ofc). Some cash.

[auggie1983]

can leverage Roth space and bulk up cash in non-Roth space. Something as simple as UPRO basically gives you 3x Roth space if a portion of your portfolio is SPY or fairly close to VTI

[bovie]

can leverage Roth space and bulk up cash in non-Roth space. Something as simple as UPRO basically gives you 3x Roth space if a portion of your portfolio is SPY or fairly close to VTI

Sort of. The problem with pure UPRO is that a drawdown of 70-90%—or higher—will kill you.

[Panscan]

Sort of. The problem with pure UPRO is that a drawdown of 70-90%—or higher—will kill you.

And vol drag in times like these. An oscillating flat market can also really hurt a 3x fund.

[auggie1983]

No doubt. I'm not advocating this. I'm just saying seems like a safer bet than trying to find a single stock that will 10x. Also I would venture that a 20 year time horizon and a goal of 50% Roth space 50% nonRoth with incremental investments of $6500 or whatever the Roth max is then into UPRO until the 50/50 is achieved will be the most likely way to meet that goal.