Riding the TSLA momentum...

up from ~120 since Dec, almost doubled in a month, sorry to anyone who shorted it (i can think of one WSO'ER....)

For those who have it, what did you buy in at?

What do you think it will peak at this year?

Anyone looking to short it?

Is Tesla officially the Apple of this decade?

11 Comments
 
Best Response

Got in on 55. Its gains have already surpassed my salary last year hahaha. Happy panda.

Tesla is just run by people who know their shit. It's disrupting the car industry by leveraging electric powered systems to re-engineer and improve upon fundamental car design / potentially disrupt the utility industry / provide immense data on the IOT trend (which FYI, analysts aren't even talking about this yet but will be another catalyst in a few years).

 

Shorting a momentum stock like Tesla is a death sentence. You may be correct in the long run, but you will likely not be around to reap the gains. I remember reading a quote by Julian Robertson that said something along the lines of "there isn't a worse feeling than getting run over by a train that you know is going to derail 2 miles down the road". I probably butchered that, but you get the idea.

"Look, you're my best friend, so don't take this the wrong way. In twenty years, if you're still livin' here, comin' over to my house to watch the Patriots games, still workin' construction, I'll fuckin' kill you. That's not a threat, that's a fact.
 

I missed the boat. If it ever drops back into the mid 100's I would like to buy in, depending on the circumstances of how it gets there. Def not shorting it, though. I think with the next gen car getting closer to the middle class price audience, and a large scale battery production facility, there should still be some gain in the future after this last run settles down.

Array
 

Bought it at $21, which translates to more than a 1000% gain so far. I don't ever want to sell it; it's like my baby. I think it's going to hit $500 within the next couple of years. I wish I had bought more.

 

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