Should I Buy Tesla Stock Right Now? - Page 4
Username or Email Address
Do you already have an account?
Forgot your password?
  • Log in or Sign up

    Welcome to VWvortex - The Volkswagen Enthusiast Website.
    You're currently browsing VWvortex site as a guest. Please sign up or sign in and take part in the conversation. VWvortex has over 750,000+ registered users discussing a wide variety of Volkswagen related topics. Take a minute to sign up to enjoy all the features of VWvortex.
    The Car Lounge

    View Poll Results: Should I Buy Tesla Stock Right Now?

    Voters
    90. You may not vote on this poll
    • Yes

      22 24.44%
    • No

      47 52.22%
    • Talking about stocks is showing off

      21 23.33%
    Page 4 of 17 FirstFirst 1234567814 ... LastLast
    Results 76 to 100 of 401
    1. #76
      Member Itgb's Avatar
      Join Date
      Jul 18th, 2008
      Location
      San Diego
      Posts
      375
      Quote Originally Posted by Nealric View Post
      Meteoric rises tend to be rather dangerous for just about any stock. It means euphoria has set in, which tends to indicate the end of the cycle. Almost $200 in 3 trading days is looney tunes.
      Everyone wants to hop on the train. This has bitcoin written all over it.
      2019 Subaru Ascent | 2010 Audi A4 Avant | PAST: 2016 VW GTI, 2006 MB E55 AMG, 2006 Scion xB, 2005 Volvo S60 2.5T, 2003 BMW M3, 1986 MB 190E 2.3-16

    2. Remove Advertisements

      Advertisements
       

    3. #77
      Geriatric Member absoluteczech's Avatar
      Join Date
      Sep 12th, 2006
      Location
      The Orange Crush
      Posts
      42,205
      Quote Originally Posted by Nealric View Post
      Meteoric rises tend to be rather dangerous for just about any stock. It means euphoria has set in, which tends to indicate the end of the cycle. Almost $200 in 3 trading days is looney tunes.
      so perfect time for Hawk to buy. At it's peak

    4. #78
      Member Nealric's Avatar
      Join Date
      Feb 16th, 2013
      Posts
      8,612
      Quote Originally Posted by Itgb View Post
      Everyone wants to hop on the train. This has bitcoin written all over it.
      Bitcoin in early 2018 was a good example example of a blowoff top fed by euphoria. I suppose one could make a lot of money in this stage if you could call the top, but it's playing with fire- most are going to hold on too long and get burned.

    5. #79
      Senior Member AZGolf's Avatar
      Join Date
      Jun 6th, 2000
      Location
      Phoenix area
      Posts
      34,777
      Quote Originally Posted by Itgb View Post
      Everyone wants to hop on the train. This has bitcoin written all over it.
      Bitcoin isn't real, but Tesla is. The trouble is that manufacturing companies are generally valued based on a percentage of their income, and when making physical goods there's only so much income you can make, and growth can only be so fast. Tesla's stock is growing way, way beyond what seems like a reasonable level even for a fast growing manufacturing company. It's truly bizarre. It's not bitcoin because that doesn't exist, but the comparisons of P/E ratios to other companies that rely on selling physical goods to consumers is fair.

    6. #80
      Member Samson's Avatar
      Join Date
      Dec 2nd, 1999
      Posts
      12,495
      Fun fact: In the time since the OP posted this, the stock has gone up about 13.02%. The answer was yes. Now, say you bought some at that point... hypothetically speaking. Do you sell it now? Hmm.

    7. #81
      Member
      Join Date
      Oct 22nd, 2007
      Location
      Syracuse, NY
      Posts
      4,644
      Quote Originally Posted by MylesPH1 View Post

      I’m just speculating, and I’m even less qualified to give financial advice than Jim Cramer, but the next recession will probably be what tips a large amount of people into switching to electric transport.
      I don't know, the problem with recessions is that they tip people out of buying stuff in general. Depending on how we'd come out of it could mean any number of things for EVs, but I have to imagine the short term would, unfortunately, be bad for them.

    8. #82
      Senior Member Mike!'s Avatar
      Join Date
      Jun 17th, 2002
      Location
      Ontario & Ohio
      Posts
      20,592
      Quote Originally Posted by Samson View Post
      Fun fact: In the time since the OP posted this, the stock has gone up about 13.02%. The answer was yes. Now, say you bought some at that point... hypothetically speaking. Do you sell it now? Hmm.
      You play around with stop losses, IMO to let it ride a bit. Analyst upgrades and increased price targets, plus the ongoing short squeeze still give it a bit more upside. Consider a limit sell past ~$750 or ~$800.

    9. #83
      A short squeeze is happening, but bigger than that, Panasonic announced they reached profitability on their US operations. So they are making money on the gigafactory now. Inevitably there will be a dip, but there is more positive news to come from Tesla and it will come this year (battery advances, S&P500 inclusion, deferred asset recognition).

    10. #84
      Senior Member AZGolf's Avatar
      Join Date
      Jun 6th, 2000
      Location
      Phoenix area
      Posts
      34,777
      Quote Originally Posted by Mike! View Post
      You play around with stop losses, IMO to let it ride a bit. Analyst upgrades and increased price targets, plus the ongoing short squeeze still give it a bit more upside. Consider a limit sell past ~$750 or ~$800.
      I hate stop loss orders. Close to two decades ago when Ameritrade was still a new thing and I first started trading stocks, I recall using stop-loss orders a couple times. What I observed was that randomly, some order would go through and clear out every single order on the sell side in a flash, but then the trading price was right back up to where it started. It looked every bit like manipulation designed to get automated orders to sell at below the current price. It happened to be twice and then I stopped using orders and just set alerts instead. So I would randomly get alerted to a price event happening and by the time I looked it up, that was generally not the real price anymore anyway. Honestly: I gave up a few years ago and won't touch individual stocks anymore. I own TSLA via a broader mutual fund for example, but I won't touch the individual stocks anymore. The robotraders are simply impossible to compete with as a sane human being who actually has a full time job already and can't afford to be at war with trading bots all day.
      Last edited by AZGolf; 02-03-2020 at 12:29 PM.

    11. #85

    12. #86
      Member Itgb's Avatar
      Join Date
      Jul 18th, 2008
      Location
      San Diego
      Posts
      375
      Quote Originally Posted by AZGolf View Post
      Bitcoin isn't real, but Tesla is. The trouble is that manufacturing companies are generally valued based on a percentage of their income, and when making physical goods there's only so much income you can make, and growth can only be so fast. Tesla's stock is growing way, way beyond what seems like a reasonable level even for a fast growing manufacturing company. It's truly bizarre. It's not bitcoin because that doesn't exist, but the comparisons of P/E ratios to other companies that rely on selling physical goods to consumers is fair.
      I was only referring to the speculation that's happening right now with Tesla, but yes agree with everything you said.
      2019 Subaru Ascent | 2010 Audi A4 Avant | PAST: 2016 VW GTI, 2006 MB E55 AMG, 2006 Scion xB, 2005 Volvo S60 2.5T, 2003 BMW M3, 1986 MB 190E 2.3-16

    13. #87
      Senior Member LT1M21Stingray's Avatar
      Join Date
      Sep 13th, 2006
      Location
      Somewhere close to Lyon Mountain.
      Posts
      24,720
      Quote Originally Posted by Samson View Post
      Fun fact: In the time since the OP posted this, the stock has gone up about 13.02%. The answer was yes. Now, say you bought some at that point... hypothetically speaking. Do you sell it now? Hmm.
      When the janitor and everybody else talk about buying a stock, it's time to sell.
      Quote Originally Posted by Mk1Madness
      Back when making your car faster and better handling was the big thing.
      Quote Originally Posted by Tavarish
      The car's best safety feature includes ejecting you in the moment of impact and wishing you the best of luck.

    14. #88
      Member Samson's Avatar
      Join Date
      Dec 2nd, 1999
      Posts
      12,495
      Quote Originally Posted by LT1M21Stingray View Post
      When the janitor and everybody else talk about buying a stock, it's time to sell.
      You may or may not mean it this way, but I take that to mean that I'm the janitor. I take no offense.

      Edit - I sold it and made enough to buy many mochas. Good enough.
      Last edited by Samson; 02-03-2020 at 03:12 PM.

    15. #89
      Buy low, sell high.

      Buy on the rumor, sell on the news.

      But seriously, folks, the only sure thing, the secret I'm about to divulge, the one tenet I've held for many decades that has made me a happy, healthy man:
















      Never throw a brick straight up.


    16. #90
      At over $138 billion, has Tesla passed the following companies in market cap from its gains TODAY alone...
      Costco
      Eli Lilly
      PayPal
      NextEra Energy
      Accenture
      United Technologies
      Philip Morris
      Amgen
      IBM
      Thermo Fisher Scientific
      Union Pacific
      Honeywell
      Broadcom
      Lockheed Martin
      AbbVie

    17. #91
      Member Nealric's Avatar
      Join Date
      Feb 16th, 2013
      Posts
      8,612
      Quote Originally Posted by 2000JettaGLXVR6 View Post
      At over $138 billion, has Tesla passed the following companies in market cap from its gains TODAY alone...
      Costco
      Eli Lilly
      PayPal
      NextEra Energy
      Accenture
      United Technologies
      Philip Morris
      Amgen
      IBM
      Thermo Fisher Scientific
      Union Pacific
      Honeywell
      Broadcom
      Lockheed Martin
      AbbVie
      I work for a nearly 100 year old Fortune 500 company with earnings similar to Tesla's. Tesla's market cap increased by more than our entire market cap in just today's trading

    18. #92
      Senior Member AZGolf's Avatar
      Join Date
      Jun 6th, 2000
      Location
      Phoenix area
      Posts
      34,777
      Quote Originally Posted by 2000JettaGLXVR6 View Post
      At over $138 billion, has Tesla passed the following companies in market cap from its gains TODAY alone...
      Costco
      Eli Lilly
      PayPal
      NextEra Energy
      Accenture
      United Technologies
      Philip Morris
      Amgen
      IBM
      Thermo Fisher Scientific
      Union Pacific
      Honeywell
      Broadcom
      Lockheed Martin
      AbbVie

      It's pretty amusing for sure. Still: The reason for the valuation is future business. Tesla is hoping to grow at least 5x or something from their current 400k cars a year and limited solar and home battery deployments to perhaps 2M cars/year and extensive solar and battery deployments. While I'm still somewhat in amazement that it's real, Tesla managed to book almost $25 Billion in revenue last year. So growing 5x from there puts them at $125B, or just a bit below Costco, from your example which sits just over 6x Tesla's 2019 revenue. The truly optimistic people are the ones who think Tesla could be the next Volkswagen or something with a truly global presence and moving 10 million cars a year in addition to the rest of their admittedly slow moving energy portfolio. If their energy portfolio goes on a tear though in addition to massive growth in global sales volume then I guess it all makes sense. It's still a high risk play I'm only comfortable with due to TSLA being a small part of my overall mutual funds but when I sat down to see if the math even added up, it's actually not ridiculously far from reality if Tesla does grow 5-10x over the next 5-10 years.

      Found a closer comparison using the list above, I think.
      Tesla: Market cap of $137.5B on Revenue of $24.6B.
      Accenture: Market cap of $136.6B on Revenue of $44B.
      Abbvie: Market cap of $122B on Revenue of $33B.

      Again, Tesla is significantly higher valuation per dollar of revenue, but it's not even double of what Accenture is. The numbers for Abbvie weren't totally different either. Obviously revenue is only tangentially related to profits, but Tesla is still very much in growth mode where they are reinvesting current would-be profits into the company's growth of revenue by expanding the product lines. It's the next 5-10 years where we'll see if the grand Tesla experiment worked or not.
      Last edited by AZGolf; 02-03-2020 at 04:17 PM.

    19. #93

    20. #94
      Senior Member LT1M21Stingray's Avatar
      Join Date
      Sep 13th, 2006
      Location
      Somewhere close to Lyon Mountain.
      Posts
      24,720
      Quote Originally Posted by Samson View Post
      You may or may not mean it this way, but I take that to mean that I'm the janitor. I take no offense.
      I did not mean to say you were the janitor. But I see your point.
      Quote Originally Posted by Mk1Madness
      Back when making your car faster and better handling was the big thing.
      Quote Originally Posted by Tavarish
      The car's best safety feature includes ejecting you in the moment of impact and wishing you the best of luck.

    21. #95
      Member BlakeV's Avatar
      Join Date
      Oct 24th, 2015
      Location
      Original join 1999
      Posts
      2,297
      Quote Originally Posted by 2000JettaGLXVR6 View Post


      And the P/E ratio is conveniently blank.

    22. #96
      Member Nealric's Avatar
      Join Date
      Feb 16th, 2013
      Posts
      8,612
      Quote Originally Posted by BlakeV View Post
      And the P/E ratio is conveniently blank.
      Technically undefined, but forward P/E is over 200 based on 2020 estimates.

      https://www.nasdaq.com/market-activi...ngs-peg-ratios

    23. #97
      Member Hawk's Avatar
      Join Date
      May 7th, 2010
      Posts
      13,064
      So... if Elon Musk got hit by a bus tomorrow what would happen to the stock?

      In other words how much of the company's value is dependent on his genius and innovation (like say Steve Jobs was to Apple) and how much could the company carry on just fine without him?

      Apple stock has continued to new heights without Jobs, but there are no more product innovations, just different sized screens.

      I wonder what would happen to Tesla stock without Musk.

    24. #98
      Member Nealric's Avatar
      Join Date
      Feb 16th, 2013
      Posts
      8,612
      Quote Originally Posted by Hawk View Post
      So... if Elon Musk got hit by a bus tomorrow what would happen to the stock?

      In other words how much of the company's value is dependent on his genius and innovation (like say Steve Jobs was to Apple) and how much could the company carry on just fine without him?

      Apple stock has continued to new heights without Jobs, but there are no more product innovations, just different sized screens.

      I wonder what would happen to Tesla stock without Musk.
      Put it this way, I don't think there's an insurance company that would write key man insurance sufficient to cover the loss. If almost any other CEO had made statements like Musk during the "funding secured" debacle, they would have been sent packing.

    25. #99
      Quote Originally Posted by Hawk View Post
      So... if Elon Musk got hit by a bus tomorrow what would happen to the stock?

      In other words how much of the company's value is dependent on his genius and innovation (like say Steve Jobs was to Apple) and how much could the company carry on just fine without him?

      Apple stock has continued to new heights without Jobs, but there are no more product innovations, just different sized screens.

      I wonder what would happen to Tesla stock without Musk.
      I think Apple's stock price is indicative of everything being fine with Tim Cook. Only real people I've heard say Apple is dead without Jobs have no idea what they're talking about.

      And Microsoft's stock price is indicative that nothing has to work correctly if you shove enough contracts down big business and government throats.

    26. #100
      Member 2.0_Mazda's Avatar
      Join Date
      Nov 3rd, 2010
      Location
      Montreal, Quebec
      Posts
      3,639
      F***ck. I should have bought stocks

    Page 4 of 17 FirstFirst 1234567814 ... LastLast