Looks like Tesla stock has taken off again, as trade deals get ironed out. Back in the $300's. Short stock holders across the market may be holding an empty bag in general.
I closed my short on Friday and glad I did. Lost a little, more like tuition in the school of hard knocks. Bob Wilson
The stern coach has taken on a four-year contract. Unexpected harsh blows are still possible. Brace yourself.
Bad news (even when theoretically on the horizon) always seems to buy more clicks than good news. Kind of a mystery. Yea - both political sides effectively embrace it. In the early days of Tesla - beginning its Stratosphere rise, many of the 'experts' continually said it's got to crash soon - even as it continued upward. Looks like they even missed it's 'settling in' by several years.
i'm trying to figure out who is buying and why. i don't see much on the horizon, musk has lost interest, cars aren't selling, cyber truck a bust, robots? self driving cars? or maybe they are just counting on past performance to break through again.
The calming of the tariff wars are a big part of it. So far, no delays to the start of robotaxi in Austin. Tesla energy is still ramping up as well. In my mind, Elon staying away from making bombastic, political claims is staunching the bleeding.
up 34% in the last month despite reports of inventory increases and delivery declines. Can you say mine.
I guess my 2,000%+ over my 50 year holding period DOW stock that has always provided a dividend more than 2% and compared to my purchase price gives yearly 100%+ of purchase cost that is always plowed back into stock. Bought in the early 70'sv at a 15% discount and 15% company match and at the lowest price within the year. I tried to tell my workers that, if they could, they couldn't turn down that deal. Even if you sold at the end of the year, you were making 15% or much more. HON
Tesla Stock has continually surprised me with its resiliency. Not a fan of the Company - don't own any of the stock. The Companies wealth of Product Diversity seems to insulated it from dramatic swings. It is good to see the cancel culture attacks on this company across the globe fail so miserably and its value shine through. As far as owning things myself I am more of a fan of @mikefocke owning the whole market not a particular segment of it and hedging my bets with equal amounts of investment in fixed financial products (cds, fixed short term annuities, money markets etc.) for those market down times when I need money to fund our retirement.