Tesla stock price

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Just heard today that Trump will ease off on tariffs for USMCA covered cars and goods, at least temporarily. He doesn't want the supply chain to grind to a halt. I think he is still in negotiation mode and will squeeze as much as he can out of the process. Where or how it ends, hard to predict. Could go on for a while.
 
R P said:
Just heard today that Trump will ease off on tariffs for USMCA covered cars and goods, at least temporarily. He doesn't want the supply chain to grind to a halt. I think he is still in negotiation mode and will squeeze as much as he can out of the process. Where or how it ends, hard to predict. Could go on for a while.
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That would be logical, though I haven't detected much logic in Trump's tariff gyrations. Personally, I have my eye on a Kia EV3 or EV4 in a couple years, so I sure hope Kia decides to build them in the US. Seems like they could.
 
Well, if you know Trump it is all about power and leverage, to get what he wants. He needs to be strong. But he can be flexible, too, and will change his tune or path very quickly if that suits him. He keeps both his adversaries and "victims" off balance, and will exploit weakness. Unfortunately that also extends to long time friends of America, like us Canadians. Guess he forgot how we took in US stranded airplanes at Gander on 9/11.

Canadians travel a lot to the US on vacation, esp in the winter. We like to go to Maui every Nov or Dec, because we love it there. But it is sure getting darn expensive, esp now with our 70 cent dollar.
 
<AHEM>You have a higher option of Trump than I do but I'm here for TSLA stock talk:
  • 2025 Q1 - production and sales numbers report by Wednesday which are unlikely to change my mind about selling my TSLA last year and going short on 10 shares. There will be some buzz about the numbers but IMHO, it is noise.
  • $70 paper profit - based on Friday's close, my 10 share, $270 short-sell. Regardless, I will close it out when it gets to $195/share or one week after the 2025 Q1 financials.
Bob Wilson
 
Over the weekend, Trump insisted to reporters he's holding firm on all the auto tariffs, and "couldn't care less" about the effect on prices. That's bad for everyone, with some EV models taking more of an immediate hit, as noted above. Meanwhile, Tesla is down about 3.5% as of about 2 p.m. Eastern time today.
 
Stock up today. Sometimes happens when bad news is out. Conversely stocks sometimes drop after good news is out. All depends what was going on to the lead up.

Also heard that Musk might be stepping down from his Doge leadership to refocus on his business. That also could help revive the stock.
 
If I closed today, I would book a $120 loss. But I’m not ‘day trader’ oriented.

First week of May or $195 will close me out.

Bob Wilson
 
Sounds like the tariffs were worse than expected by the markets. If the futures hold (way down right now), could be a big down day tomorrow. That would likely include TSLA, too.
 
Man, it's a blood bath. All the big names are down 4-8% at the open.

i thought i already bought the dip. Here's another dip. we have to be priced in/near the bottom (broader market). right?
 
Canada was exempt from this latest tariff announcement, but our markets here still got hit. But I did buy a couple stocks that I had my eye on. Both are up already, one substantially, so I have already made a couple thousand since this morning and they continue to go up. So I am not complaining.

I am also looking to buy some US stuff, but I don't think we have hit bottom there yet. There is going to be big retaliation against the US, so it is far from over, I think.
 
I have not studied stock market crashes in detail but the one's I've observed don't happen in just a day. They typically take several months before the "dead cat" bounce. There will be considerable "rubble" to sort through.

The banks and large funds don't panic until they have a 30 or 90 day performance report coming due. When they seek to move their capital, hold on to your horses.

Bob Wilson
 
Well, there are crashes and there are bear markets. I would say we are in a bear market right now if the stock downturn continues. A dip is a slight pull back, maybe 5% over a few days, followed by an upturn resumption. Those happen regularly and are good buying opportunities. But a big sharp drop like today could also be called a crash. If we get a small bounce tomorrow morning, that could be called a dead cat bounce. They are usually followed by more markets downside.

I don't think we hit bottom yet, or anywhere near bottom in this latest downward trend. The tech high flyers with the high multiples have been the biggest losers so far. But the broader market industrials, incl a lot of good steady eddy companies, have also been swept down with the down draft. Those are often good buys during these times. And in any downturn there are the defensive stocks, usually utilities, telcos and the like, that hold up, or even go up during downturns. The big institutions (banks, funds, etc) often rotate their client money into them.

TSLA, if you are wondering, is in the high flying tech category. So besides tough fundamentals at this time, it is also being caught in the tech downswing.

Personally, I am hoping for another big downturn tomorrow, or at least in the morning. I have my eyes on a few US stocks and ETFs that I may want to buy, but don't wish to catch a falling knife. So will be watching for some type of bottom, even if it looks like a short term flattening out. I tend to trade frequently in times like this, and will not hesitate to sell if it looks like it will drop further.

I liken a bottoming to a bouncing ball. First you get a big bounce followed by smaller and smaller ones until it rolls flat. Of course still have to watch it doesn't roll over a cliff again. But that's when you really watch fundamentals and outlooks as well.

I have been trading like this for a few decades, which basically allowed me to retire very early. Even when I was still working there were some years I made more money from my trading than from my work. I have slowed down now, though, and generally only trade when the opportunities are very obvious, like now.

BTW, your financial advisors will always tell you to hold and you can't time the market. There are good reasons why THEY say that, but that's another long story. I fired mine decades ago, and never looked back.

Anyway, definitely some opportunities out there now, and more to come. Take your pick....
 
I remember two significant crashes:
  • 2008 Home Equity - fixed by the next President
  • 1987 Reagan crash - fixed by Bill Clinton
Both were due to systemic problems that triggered massive stock market losses. However, emergency actions by Congress and the subsequent Presidents correct the problem(s) and we dug ourselves out the the hole.

The current crash has been triggered by resurrecting the policies of Herbert Hoover:

Doing the same thing over and over and expecting different results​

Bob Wilson
 
 
R P said:
Well, there are crashes and there are bear markets. I would say we are in a bear market right now if the stock downturn continues. A dip is a slight pull back, maybe 5% over a few days, followed by an upturn resumption. Those happen regularly and are good buying opportunities. But a big sharp drop like today could also be called a crash. If we get a small bounce tomorrow morning, that could be called a dead cat bounce. They are usually followed by more markets downside.

I don't think we hit bottom yet, or anywhere near bottom in this latest downward trend. The tech high flyers with the high multiples have been the biggest losers so far. But the broader market industrials, incl a lot of good steady eddy companies, have also been swept down with the down draft. Those are often good buys during these times. And in any downturn there are the defensive stocks, usually utilities, telcos and the like, that hold up, or even go up during downturns. The big institutions (banks, funds, etc) often rotate their client money into them.

TSLA, if you are wondering, is in the high flying tech category. So besides tough fundamentals at this time, it is also being caught in the tech downswing.

Personally, I am hoping for another big downturn tomorrow, or at least in the morning. I have my eyes on a few US stocks and ETFs that I may want to buy, but don't wish to catch a falling knife. So will be watching for some type of bottom, even if it looks like a short term flattening out. I tend to trade frequently in times like this, and will not hesitate to sell if it looks like it will drop further.

I liken a bottoming to a bouncing ball. First you get a big bounce followed by smaller and smaller ones until it rolls flat. Of course still have to watch it doesn't roll over a cliff again. But that's when you really watch fundamentals and outlooks as well.

I have been trading like this for a few decades, which basically allowed me to retire very early. Even when I was still working there were some years I made more money from my trading than from my work. I have slowed down now, though, and generally only trade when the opportunities are very obvious, like now.

BTW, your financial advisors will always tell you to hold and you can't time the market. There are good reasons why THEY say that, but that's another long story. I fired mine decades ago, and never looked back.

Anyway, definitely some opportunities out there now, and more to come. Take your pick....
Click to expand...
After a new lows market opening, we are now getting a big bounce back. Even TSLA is now positive. Now we have to wait and see if this will just be a dead cat bounce and the markets will resume their downward trend, or if we have tickled the bottom. Usually bottoms have to be tested 3 times and hold to confirm a bottom.

I am still waiting to buy some stuff, and am a little disappointed we didn't continue to go down. While we may have hit bear market territory, stocks are still way over valued, esp the high flying techs. Corrections are always healthy, but I don't think it has gone down far enough. We need to see more angst and panic selling when margins are called to weed out the greedy speculators. I haven't seen that yet.

The trading day is still young, and will just have to wait and see if we have see how the ball bounces.
 
Well, after about an 8% swing from the lows of the day after opening, and the market highs shortly afterwards, the ball bounced around most of the trading day, ending in small bounces and settled at about half of the swing, with DJ down about 350 at final trade. With today's talks of tariff negotiations with several countries, most notably Japan and Israel, looks like some countries could come to an agreement with the US. Once a couple settle with a template or model established, more could follow.

The first upswing after the lows was due to a false rumour there might be a 90 day pause. And it shows how the markets can swing up at any potentially good news. The rest of the world had a bad day last night, so will likely also have a bounce back tonight/tomorrow. So my guess is the N/A markets will be up tomorrow morning, whether it sticks I guess depends on what else transpires. TSLA should go up with the markets.

I am still hoping for more downturns going forward, as I don't believe this tariff thing will end any time soon.
 
If Trump really believes tariffs will magically bring back U.S. manufacturing and fund his income tax cuts for his wealthy donors, we're in for a long, rough ride. If he just wants to "make deals" and hand out favors, well, we'll see. There's nothing like rational economics at work here. Even Elon Musk sees that. Tesla got hammered today, but it's hard to say how much is Elon's/Tesla's image problems and how much is the chaos the tariff situation has caused for the industry, for which the uncertainty is nearly as toxic as high tariffs. I have disagreed with just about all prior presidents on lots of things, but this is... different.
 
I disagree with: "income tax cuts for wealthy donors". Wealthy folks don't have income, they have cap gains. So, i'm not sure that's the goal here.

I think what hyundai is doing is what the expected outcome of all this is supposed to be: https://gfmag.com/capital-raising-corporate-finance/hyundai-avoids-trump-tariffs/

Is what going on ok or normal, no..... 84% is the latest number i hear on China. It's a bit absurd. And the thing is, probably a vast majority of the stuff shipping here are simply being put together in China for US companies.
I also think back to the 70s when the 'cheap food' push happened. What we were left with is processed garbage, cheap corn, gov subsidies, and suddenly a country full over obesity and diabetes. Now, we're pushing back on that and as a country we're the healthiest we've been in recent years.

I mention that because I think that's good parallel. We had a run of 'cheap' products, realized it wasn't good for us, and now we are taking steps to bring that balance back. The approach very well may be all wrong and stupid - i don't know, i'm not an economist - but I think it's at least the first wrong answer that's trying to do something to fix it.
 
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If markets are any indication (up at this time today), seems like the US is winning the battle so far, with countries lining up to renegotiate their trading relationships. Even TSLA is up today.
 
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