To avoid worry, I've submitted a "buy to cover" order: The 2025 Q1 financials are scheduled for April 29, 2025 which is 53 days from now. When this order expires, I'll issue a "buy to cover" at market price. Once completed, I'll sweep all of my money back to help pay for the last phase of my solar roof project. Bob Wilson
Stock will continue to fall, when you heil Hitler twice and support far right Nazi politics not only in the USA but as well in Germany ..well yeah most people don't want to be associated with such disgusting behavior. Tesla board really needs to kick musk out ..he is no longer a positive for Tesla
Yes and no. Many investors think Musk "is Tesla" and the thought of losing him is anathema. I feel like we are witnessing a slow motion train wreck but at age 75, I've seen this before. Bob Wilson
If they had a real board, they would kick him to the curb. Once he bought twitter, he was no longer an effective leader Aside from the fascist bump in November, look what he has done to the stock price since that day. Essentially flat to its peak in December, the S&P500 is up, what,20 percent in that time
Bob I'd say most investors think of Elon as Tesla which is exactly why the stock is falling like a rock. As ENirogus the issues with elon started when he bought twitter
It's suddenly less of a slow-motion train wreck: Tesla stock is down another 14% today -- a couple hours still to go, but it's hard to imagine that it won't be a very bad day. And Electrek is out with a brutal take on the source of the problems (hint: it rhymes with "tusk"). https://electrek.co/2025/03/10/the-legend-of-the-tesla-killer-finally-came-true-and-its-elon-musk/ At some point the question becomes whether the board is willing to go the full Jim Jones route with their leader. Despite my criticism of Musk, this company has done some good and important things, and could again. It's worth saving.
I was away skiing today, so missed all the big market action. All the high flyers with their lofty valuations took a big hit today. We were over due for that. And TSLA, despite the recent downturn, still has one of the highest valuations totally unsupported by the fundamentals. So I think there is a lot more downturn to come. And yes, all the Musk haters are cheering. Personally, I was waiting for a market crash, and hope it continues. We need to wash out all this hype that has been driving up stocks way beyond what their fundamentals can support. A lot of this was driven by pure greed, and I can't feel sorry for those that lost money on those types of stocks. However, when markets crash, a lot of good stocks and companies go down as well. That's what I watch to buy. The problem is that you never know for sure where the bottom is, and it hurts to catch a falling knife. But if you wait too long to jump in, you kick yourself afterwards, too, for missing the bounce back. Done that enough times, too. Anyway, interesting times, and TSLA will be certain to capture its share of attention in the next while.
Guess who is buying EVs,...haha. Is the anti-EV sentiment shifting? What's next, will they keep the EV rebate? I wouldn't rule out anything... And I see TSLA rebounding after another early trading big drop. Maybe there is a new customer base coming..., haha. TSLA is nothing short of entertaining, that's for sure...
I would be more impressed if he reversed this: The General Services Administration (GSA) is reportedly planning to shut down and remove all of its electric vehicle (EV) chargers nationwide, deeming them "not mission critical". The agency intends to begin instructing employees to remove the chargers, which are used for both federally owned EVs and employees' personal vehicles, as early as next week. Bob Wilson
TSLA still on the roller coaster, up today, along with the markets. And despite the super high valuation (121X earnings). Musk said yesterday that he plans to double US production in the next couple years. That might have something to do with today's rise as well.
April 1st we’ll get the sales numbers for Q1. April 29 we get Q1 financials. A week later, I close my position. Bob Wilson
The whole market has been a bloodbath the past few weeks. Looks like there's some minor recovery today. Will it continue? That's anyone's guess at this point. A lot of political posturing with tariffs, the wars and peace talks, etc etc and the bird flu is even disrupting the market. Tractor supply has no chickens. Can't re-stock fast enough. It's crazy. I bet they are going to have a stellar quarter. Tesla has always been a bit outside of norms, in that it's P/E has been 10-100x other 'standard' company valuations. A lot, if not most, of the future profits were already baked in. I hold a few shares, nothing significant. I'd consider buying more in the upper 100s. Otherwise, i'll hold and see what happens 5 -10 years from now. If i had a large position, I would have sold some at the $400 mark a few weeks back to lock in some profits.
True, but Tesla is entering uncharted territory here. Just how despised can the CEO of a consumer products company make himself before the company tanks? I think the line has already been crossed.
Well, Tesla has been a meme stock for years. It would seem to have a rational share price in the $50 range, P/E whatever. Obviously stocks are valued assuming growth, which is where the fun is, but when you have a crazy CEO damaging growth, the collapse rivals a Ponzi scheme. Love or hate Elon, it is hard to see a way forward with him.
Waymo seems to be ahead of Tesla with FSD. This can't help TSLA. https://electrek.co/2025/03/14/waymo-ceo-tesla-robotaxi-launch-fake/
A Full Self Driving owner operator, I could not get past the title, “Former Waymo CEO on Tesla’s robotaxi launch: ‘there are many ways to fake a robotaxi service’” It is easy to make a claim not backed up by hands on experience or evidence. If FSD is faked, it sure fools me with every mile I drive. But don’t let my hands on observations keep anyone from Fear, Uncertainty, and Doubt. I am shopping for my second Tesla with Full Self Driving. If you scare off other buyers, I can get a better deal. (Wait a minute . . .) Oh yea! Full Self Driving and Tesla cars, especially Model Y, are ‘death machines!’ YOU WILL DIE IN A HORRIBLE TESLA BATTERY FIRE! Do not buy!! Bob Wilson
