Tesla share price

Username999

csgohan4 said:

if the bottle neck is the battery companies, would it be prudent to invest in them alongside/ instead of the end users for them?

Rumours abound that Tesla will be manufacturing their own batteries.
Who knows they may even cut out more middle men and mine Lithium themselves (or The Boring Company could do it!).

Thrugelmir

AnotherJoe said:

bowlhead99 said:

MPN said:

AnotherJoe saidLOL. I bought 4 last week for a quick buck, if they pop to $2k I'll sell those.

I'm keeping the rest until maybe $2.5k-$5k each.

And I would definitely buy into SpaceX / Starlink.

If you do think it could reach $2.5-$5K then now is probably a good time to buy more as the price has dipped to around $1500?

I'm short since day before results - it initially spiked up, but fortunately the September market is currently down to about $1486 which is about 6% lower than my $1574 entry.  Not a 'hold it and roll it forever' position though, as I'm sure that some people have made big losses trying to short it in the past when the market gets excited for one reason or another.

You're short Tesla? Thats gonna hurt when S&P500 inclusion is announced

That could go any number of ways. Be an opportunity for Musk to convert shares into cash. 

AnotherJoe

Thrugelmir said:

AnotherJoe said:

bowlhead99 said:

MPN said:

AnotherJoe saidLOL. I bought 4 last week for a quick buck, if they pop to $2k I'll sell those.

I'm keeping the rest until maybe $2.5k-$5k each.

And I would definitely buy into SpaceX / Starlink.

If you do think it could reach $2.5-$5K then now is probably a good time to buy more as the price has dipped to around $1500?

I'm short since day before results - it initially spiked up, but fortunately the September market is currently down to about $1486 which is about 6% lower than my $1574 entry.  Not a 'hold it and roll it forever' position though, as I'm sure that some people have made big losses trying to short it in the past when the market gets excited for one reason or another.

You're short Tesla? Thats gonna hurt when S&P500 inclusion is announced

That could go any number of ways. Be an opportunity for Musk to convert shares into cash. 

If you mean a capital raise the shares went up 30% within a few weeks of the last one. 

bowlhead99

Down 5-6% from where they opened this morning. If we all know all the S&P trackers need to buy them in six or seven weeks why would people want to exit... 
Maybe the investors were impressed by the results at AAPL, AMZN and FB yesterday and are cashing in their monster TSLA gains to hop onto whatever else looks like being flavour of the week.

Gadfium

Username999 said:

csgohan4 said:

if the bottle neck is the battery companies, would it be prudent to invest in them alongside/ instead of the end users for them?

Rumours abound that Tesla will be manufacturing their own batteries.
Who knows they may even cut out more middle men and mine Lithium themselves (or The Boring Company could do it!).

Lithium isn't "mined" as such. You drill a vertical borehole (small diameter) pump water down to dissolve the salts, then pump it back up and evaporate the water in drying ponds.

Thrugelmir

AnotherJoe said:

Thrugelmir said:

AnotherJoe said:

bowlhead99 said:

MPN said:

AnotherJoe saidLOL. I bought 4 last week for a quick buck, if they pop to $2k I'll sell those.

I'm keeping the rest until maybe $2.5k-$5k each.

And I would definitely buy into SpaceX / Starlink.

If you do think it could reach $2.5-$5K then now is probably a good time to buy more as the price has dipped to around $1500?

I'm short since day before results - it initially spiked up, but fortunately the September market is currently down to about $1486 which is about 6% lower than my $1574 entry.  Not a 'hold it and roll it forever' position though, as I'm sure that some people have made big losses trying to short it in the past when the market gets excited for one reason or another.

You're short Tesla? Thats gonna hurt when S&P500 inclusion is announced

That could go any number of ways. Be an opportunity for Musk to convert shares into cash. 

If you mean a capital raise the shares went up 30% within a few weeks of the last one. 

No, sell out a little. After all he collects a $2.5 billion share bonus if the S&P listing comes off.  Probably why this years annual General Meeting was postponed until September. Wants good news to deflect from the remuneration policy set by the company. That's going to come under scrutiny. 

AnotherJoe

Thrugelmir said:

AnotherJoe said:

Thrugelmir said:

AnotherJoe said:

bowlhead99 said:

MPN said:

AnotherJoe saidLOL. I bought 4 last week for a quick buck, if they pop to $2k I'll sell those.

I'm keeping the rest until maybe $2.5k-$5k each.

And I would definitely buy into SpaceX / Starlink.

If you do think it could reach $2.5-$5K then now is probably a good time to buy more as the price has dipped to around $1500?

I'm short since day before results - it initially spiked up, but fortunately the September market is currently down to about $1486 which is about 6% lower than my $1574 entry.  Not a 'hold it and roll it forever' position though, as I'm sure that some people have made big losses trying to short it in the past when the market gets excited for one reason or another.

You're short Tesla? Thats gonna hurt when S&P500 inclusion is announced

That could go any number of ways. Be an opportunity for Musk to convert shares into cash. 

If you mean a capital raise the shares went up 30% within a few weeks of the last one. 

No, sell out a little. After all he collects a $2.5 billion share bonus if the S&P listing comes off.  Probably why this years annual General Meeting was postponed until September. Wants good news to deflect from the remuneration policy set by the company. That's going to come under scrutiny. 

LOL its all over the press constantly.

And, I'll take some good news as well, why wouldnt any shareholder.

Gadfium

Thrugelmir said:

No, sell out a little. After all he collects a $2.5 billion share bonus if the S&P listing comes off.  Probably why this years annual General Meeting was postponed until September.

It was delayed because of pandemic and to coincide with Battery Day. It's expected that he'll give details of the Million Mile battery, more details about the transition way from cobalt and probably more details on the Texas site for the new Cybertruck Gigafactory.

Lots of interesting stuff. I would think that the likelihood is that the SP will increase further.

https://www.caranddriver.com/news/a32938647/tesla-battery-day-september-15/

Thrugelmir

AnotherJoe said:

Thrugelmir said:

AnotherJoe said:

Thrugelmir said:

AnotherJoe said:

bowlhead99 said:

MPN said:

AnotherJoe saidLOL. I bought 4 last week for a quick buck, if they pop to $2k I'll sell those.

I'm keeping the rest until maybe $2.5k-$5k each.

And I would definitely buy into SpaceX / Starlink.

If you do think it could reach $2.5-$5K then now is probably a good time to buy more as the price has dipped to around $1500?

I'm short since day before results - it initially spiked up, but fortunately the September market is currently down to about $1486 which is about 6% lower than my $1574 entry.  Not a 'hold it and roll it forever' position though, as I'm sure that some people have made big losses trying to short it in the past when the market gets excited for one reason or another.

You're short Tesla? Thats gonna hurt when S&P500 inclusion is announced

That could go any number of ways. Be an opportunity for Musk to convert shares into cash. 

If you mean a capital raise the shares went up 30% within a few weeks of the last one. 

No, sell out a little. After all he collects a $2.5 billion share bonus if the S&P listing comes off.  Probably why this years annual General Meeting was postponed until September. Wants good news to deflect from the remuneration policy set by the company. That's going to come under scrutiny. 

LOL its all over the press constantly.

And, I'll take some good news as well, why wouldnt any shareholder.

Suggests internal Governance isn't particularly strong. Chair has some explaining to do.

Username999

Well done SpaceX!
Astronaut's safely home.