Tesla stock on an absolute tear (C'mon haters!)
 

52 week high, up 60% this quarter (helps that it was at rock bottom), and best quarter performance since 2013. I say Tesla momentum keeps on going. What do you say?

https://www.cnbc.com/2019/12/18/tesl...week-high.html

I truly don’t care about Tesla stock. Good for them. Nice cars, great concept. Wish them well. Really awesome Cybertrick. Doubt they will make it. I care more about Toyota to be honest and where they are going in the future

Not a hater, but if you haven't noticed the market as a whole is on a pretty decent tear. LOTS of things are at a 52-week high. To add some perspective, TSLA is up 16.74% YTD. My diversified portfolio of index funds, which even contains some low-risk municipal bonds, is up 22.32% over the same period. I'll stick with the significantly-less-risky investment with the (so far) significantly higher return. :)

Clearly less risk in a diversified portfolio - I'm not suggesting to bet the farm on any single stock. Just pointing out that things are starting to align for Tesla, especially with what they're doing in China, that could continue propelling the company (and therefore, stock) forward. Some members here were saying Tesla wouldn't make it through the year without filing for bankruptcy. I'm glad they're surviving and thriving as I personally believe it is good for the entire auto segment.

Totally respect that viewpoint, albeit slightly different from mine as I do care about Tesla and I do think they will make it.

A high level question: do you think where Toyota goes in the future is partially, heavily, or not-at-all influenced by Tesla?

microsoft/apple both up over 50% ytd :peep:

TSLA has done well for me. Up over 60% since I bought the stock five months ago.

True, but not sure I remember reading here, or anywhere else, that either of those companies would be bankrupt by end of 2019. :peep:

Yeah. I hear crickets on that front since last quarters earnings :rolleyes: The doom and gloom predictions are pretty laughable looking back.

This is what happens when the so called experts confuse their personal wish fulfillment with expertise. Happens a whole lot on this forum as well.

https://www.cnbc.com/2018/09/18/tesl...-bob-lutz.html
Remember this is a guy that has been in the industry for decades. How did he get it so wrong? Easy, he wants Tesla to go out of business. The bolded is especially egregious a few minutes of research would show this is completely wrong.

My take: Tesla is still not out of the woods a downturn in the market, people souring on the brand and a few other things could sink the ship. But I'd say the odds of Tesla going under at this point is low. They are one leap in tech away from dominating.

The quote you posted is very reminiscent of the "we've always done it this way" approach. None of these huge automakers want Tesla to succeed, and none of them can understand the brand or the leader.

As people like him say Tesla has no advantages, I wonder what they think when they see new manufacturers enter the EV space (think of Porsche recently) who come in at a higher price point with lower mileage range. I also wonder as more competitors enter the EV space with lower range and higher prices if that is also helping drive Tesla's stock higher.

Great stock to own but there's no way I'd pay $60K for the subpar build quality found in many of the Model 3.

A used model S sounds like the best deal assuming you want to drive a Tesla. A buddy is buying 70Ds at auction for mid/upper 30s and they seem to have decent build quality since they were built inside.

Up 85% on apple. Made the mistake of selling my Microsoft stock 11-12 months ago when the market has a few massive red days when it was down by 1000+ some of those days if I recall. Shook me up and I was an idiot for selling, regret it almost daily when I see MSFT in green and hitting all time highs.

Been trading Apple for many years, wish I always held and kept adding to my portfolio instead of short term trading it. What I have currently is fair and being up 85% right now is great, so no complaints.

Don't have to care about a brand/make to like or not like a stock. Its more about the potential to make money and the valuations which matter. If a company I don't give 2 F's about is going to have amazing blowout earnings and positive future potential and success, I'd buy into it (after doing research ofcourse). Its about the money in the markets.


Agreed, they been saying the market will crash for how many years now? The articles I read about it are almost comical, no one can nor will ever predict it or even make a good guess.

They been saying Apple shares are overvalued for many years now. When you look at the chart you'll see just massive uptrends. For the people who listened to the articles/analyst and got scared to invest EVEN a year ago, you have lost the chance to almost DOUBLE your money in a year lol.

Take the media and these 'finance experts' with a grain of salt. Do your own research.

Tesla is extremely volatile for me to invest in, great company regardless. Its had its dark days that's for sure.

The best way and only way I would trade Tesla is through options, buy short term option contracts a week or 2 prior to earnings. Risky, absolutely but if you get the right call option you could strike gold. I've seen it happen.

Congrats on the 60% gain on it though, its been a wonderful year in the markets!