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Old Nov 8, 2024 | 06:25 PM
  #3856  
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I truly have no idea what you’re talking about lol
Old Nov 8, 2024 | 06:33 PM
  #3857  
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I'm not surprised. Most people understand it's highly hypocritical to short a stock in a company that is reducing carbon output and at the same time saying CO2 is the greatest threat facing humanity.
Old Nov 9, 2024 | 05:11 AM
  #3858  
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Originally Posted by LeX2K
I'm not surprised. Most people understand it's highly hypocritical to short a stock in a company that is reducing carbon output and at the same time saying CO2 is the greatest threat facing humanity.
I totally disagree. My investment choices and my personal opinions about the goals of a company are separate.

You said it yourself, investing with emotion is a big mistake. Smart investors invest to make money. Admonishing people for investing in or shorting or not investing in Tesla because you are so in love with Musk and the company is exactly that, investing with emotion.

Shorting Tesla, a company that is often considered overvalued is a legitimate but risky investment move.

Last edited by SW17LS; Nov 9, 2024 at 05:13 AM.
Old Nov 9, 2024 | 10:40 AM
  #3859  
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Last edited by LeX2K; Nov 9, 2024 at 10:43 AM.
Old Nov 9, 2024 | 11:06 AM
  #3860  
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Just speaking for myself, I invest to make money, as much as I believe in Tesla, if they didn't make me money, I wouldn't invest in them. I'm probably going to take some heat for this, but if shorting TSLA made me money, I would be shorting it. I do make some exceptions as I mentioned earlier, there are companies I wouldn't take a penny from on moral grounds.

As far as those that continue to short TSLA, I don't know what their reasons are (and I don't really care), I don't hold anything against them. I do laugh at them because of the continued losses they take time after time, but other than that, I don't give them a further thought.

I don't hate Bill Gates at all, I built my career on supporting Microsoft Software, I have several certs from Microsoft (MCSE Win NT, MCSE Win 2000, MCSE Win 2012 and MCP or Microsoft Certified Professional) and I still support MS systems to this day
Old Nov 9, 2024 | 11:57 AM
  #3861  
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Originally Posted by AMIRZA786
Just speaking for myself, I invest to make money, as much as I believe in Tesla, if they didn't make me money, I wouldn't invest in them. I'm probably going to take some heat for this, but if shorting TSLA made me money, I would be shorting it. I do make some exceptions as I mentioned earlier, there are companies I wouldn't take a penny from on moral grounds.
100%...investing is to make money.

Now if somebody is supporting a company or a cause they believe in to help that company achieve what they are trying to achieve without an expectation of financial gain, thats different...thats a donation not an investment. Lex is expecting Gates to behave like he's doing that and thats not what he's doing...its just investing. Tesla doesn't need donors.

As far as those that continue to short TSLA, I don't know what their reasons are (and I don't really care), I don't hold anything against them. I do laugh at them because of the continued losses they take time after time, but other than that, I don't give them a further thought.
Super risky thing to do. I don't short anything, personally. I make long term investments and that has always worked well for me.
Old Nov 9, 2024 | 09:12 PM
  #3862  
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Musk is house hunting in Bel Air. This will be on the top of his list:

Old Nov 11, 2024 | 06:48 AM
  #3863  
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TSLA up 7% again already today... crazy.
Old Nov 11, 2024 | 08:39 AM
  #3864  
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Originally Posted by jrmckinley
TSLA up 7% again already today... crazy.
Lets just say, if I sold right now, I've made pretty good money since jumping back in Friday...but I'm holding

It's at $352 right now, BTW as I write this
Old Nov 11, 2024 | 08:42 AM
  #3865  
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Originally Posted by AMIRZA786
Lets just say, if I sold right now, I've made pretty good money since jumping back in Friday...but I'm holding

It's at $352 right now, BTW as I write this
It was $244 on Nov 4th. Up $108/share in a week (over 40%). It's wild.
Old Nov 11, 2024 | 08:55 AM
  #3866  
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Originally Posted by SW17LS
I totally disagree. My investment choices and my personal opinions about the goals of a company are separate.

You said it yourself, investing with emotion is a big mistake. Smart investors invest to make money. Admonishing people for investing in or shorting or not investing in Tesla because you are so in love with Musk and the company is exactly that, investing with emotion.

Shorting Tesla, a company that is often considered overvalued is a legitimate but risky investment move.
I think (and could be wrong) where this is coming from is a story that I just heard a week or so ago about Musk talking to Bill Gates in-person and learning that Gates had shorted TSLA. Gates explained to Musk that several of his trusted financial gurus had advised him that TSLA was extremely overvalued and Musk apparently asked him something to the effect of "You don't need the money, and yet you claim to support the cause that the company stands for, so why would you bet against us?" Fast forward a couple of years and Musk is sitting on a stage being interviewed by Andrew Sorkin and Musk says something to the effect of "I'm sick of seeing people pretending to be good while doing bad". This is the now-famous interview where Musk says on several occasions for people to "GFY" if you are going to try to blackmail him or try to leverage him by not paying for ads on X, etc. He calls out Bob Iger at Disney and maybe a couple others.

I believe Musk takes this type of situation with Gates very personally because he sees the hypocrisy in it and it bothers him. I'm not trying to suggest how anyone here should view this, I'm just explaining where I think the prior post is originating from. Some people can separate the 2 things (making money and some level of ethics/morals about what you believe being in contradiction) and other's can't. It seems clear that Musk is very bothered by someone who wants to reduce the carbon footprint on earth but will bet against a company leading the charge in the EV sector.
Old Nov 11, 2024 | 08:58 AM
  #3867  
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Originally Posted by jrmckinley
It was $244 on Nov 4th. Up $108/share in a week (over 40%). It's wild.
I actually was going to buy on Nov 4th, but I ended up getting distracted and I missed out, but opportunities always come back
Old Nov 11, 2024 | 09:42 AM
  #3868  
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Originally Posted by AMIRZA786
I actually was going to buy on Nov 4th, but I ended up getting distracted and I missed out, but opportunities always come back
You already have GAINS friend.

Cha ching $$$ ⛳
Old Nov 11, 2024 | 10:19 AM
  #3869  
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Originally Posted by AMIRZA786
I actually was going to buy on Nov 4th, but I ended up getting distracted and I missed out, but opportunities always come back
I was planning to do the same and throw a nice sum in there as I knew it would pop if Trump won. I did buy earlier this year when it was below $200.

I think it has a chance to go to $500 + depending how much support it gets from new Admin policies.
Old Nov 11, 2024 | 10:28 AM
  #3870  
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Originally Posted by RNM GS3
I was planning to do the same and throw a nice sum in there as I knew it would pop if Trump won. I did buy earlier this year when it was below $200.

I think it has a chance to go to $500 + depending how much support it gets from new Admin policies.
I sold EVERYTHING at $252, made some Porsche money, missed the pre-election opportunity, but got back in @ $299, so I'm happy

I agree, it's at least going to hit $400, that's what I think now that it has broke through the $300 ceiling

Last edited by AMIRZA786; Nov 11, 2024 at 10:29 AM.



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