Posted by elementsix on 9th of Sep 2020 at 09:28 am
I'm long-term bullish on TSLA. Traders took this stock over
(thank you very much) and that should eventually settle down
a bit. Would like to have grabbed some overnight at $308! (down
+40%..
TSLA buy order in for $215 (GTC). That level would still be a
valuation not many people can get their heads around (including
me), but it looks like a good spot on the charts. Got filled
at AAPL 111 last week with the same strategy (I also think AAPL is
currently overvalued).
yes and and with NKLA and others, they are getting a bid lately
because of TSLA, but even though they have nice backing to me it's
about the logistics which takes years to build out
So let's say you buy a Nicola or Rivian - where the hell do you
get it worked on? If you live in LA or Silicon Valley, sure
no problem, but what about for me in IL in farm country (not
Chicago), do you think they would have anything around here? no
way. Logistics and support networks like that will take years
and years to build out, that's why to me those new ones are not big
competition at this point and wont' be for a long time. To me
established car makers Ford, Volvo, Toyota etc if they eventually
make decent EV's that people want at least they have dealers all
over the place, easy to get worked on much easier than a TSLA and
would be more of a threat to TSLA than say NKLA etc. But still I
can get a TSLA worked on in my area, yeah it's not as close as the
local dealership but they've built out enough logistics around the
country where you can get do these things somewhat close to you.
NKLA, Rivian, that's gonna take a long long time.
but again stocks don't move on logic, they move on emotion,
we've seen that. So the point is trade the charts if you see a
reason to, the technicals, as we've seen in this market stocks can
and will run up to crazy levels regardless of fundamentals etc
my discussion was not about stock price, but about actual
competition and threat to TSLA
Projections regarding widespread adoption of plug in electric
vehicles seem to ignore people that don't have garages or don't
park in their garages because they are too small or they are too
small because they also hold our sporting equipment (many of us in
beach areas of Southern California). I couldn't own a TESLA if I
wanted to - unless I wanted one so badly I was willing to move.
Seems like a bit of a suburban dream to me (and even a more
virulent pandemic couldn't scare me into the burbs
)
anybody know where you can fill up with hydrogen these days?
seems like a drawback unless its like back to the future and
you can put your garbage in for fuel.... I do like the design
however much better that the cyber truck...
Posted by elementsix on 9th of Sep 2020 at 10:04 am
I agree Matt. Looks like trade rotation out of TSLA and into
"competitors" but the fundamentals are so completely different in
the real world. While TSLA may have been way out of whack on price,
it could start looking more attractive at these levels, if you are
more long-term..
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Be careful, TSLA Bears have
Anyone wondering why Tesla is absolutely unwinding today needs to ...
Posted by disciple33 on 9th of Sep 2020 at 08:34 am
Be careful, TSLA Bears have been "right" scores of time before.
I'm long-term bullish on TSLA.
Posted by elementsix on 9th of Sep 2020 at 09:28 am
I'm long-term bullish on TSLA. Traders took this stock over (thank you very much) and that should eventually settle down a bit. Would like to have grabbed some overnight at $308! (down +40%..
TSLA buy order in for
Posted by jtsurfah on 9th of Sep 2020 at 11:53 am
TSLA buy order in for $215 (GTC). That level would still be a valuation not many people can get their heads around (including me), but it looks like a good spot on the charts. Got filled at AAPL 111 last week with the same strategy (I also think AAPL is currently overvalued).
yes and and with NKLA
Posted by matt on 9th of Sep 2020 at 09:53 am
yes and and with NKLA and others, they are getting a bid lately because of TSLA, but even though they have nice backing to me it's about the logistics which takes years to build out
So let's say you buy a Nicola or Rivian - where the hell do you get it worked on? If you live in LA or Silicon Valley, sure no problem, but what about for me in IL in farm country (not Chicago), do you think they would have anything around here? no way. Logistics and support networks like that will take years and years to build out, that's why to me those new ones are not big competition at this point and wont' be for a long time. To me established car makers Ford, Volvo, Toyota etc if they eventually make decent EV's that people want at least they have dealers all over the place, easy to get worked on much easier than a TSLA and would be more of a threat to TSLA than say NKLA etc. But still I can get a TSLA worked on in my area, yeah it's not as close as the local dealership but they've built out enough logistics around the country where you can get do these things somewhat close to you. NKLA, Rivian, that's gonna take a long long time.
but again stocks don't move on logic, they move on emotion, we've seen that. So the point is trade the charts if you see a reason to, the technicals, as we've seen in this market stocks can and will run up to crazy levels regardless of fundamentals etc
my discussion was not about stock price, but about actual competition and threat to TSLA
Projections regarding widespread adoption of
Posted by jtsurfah on 9th of Sep 2020 at 03:20 pm
Projections regarding widespread adoption of plug in electric vehicles seem to ignore people that don't have garages or don't park in their garages because they are too small or they are too small because they also hold our sporting equipment (many of us in beach areas of Southern California). I couldn't own a TESLA if I wanted to - unless I wanted one so badly I was willing to move. Seems like a bit of a suburban dream to me (and even a more virulent pandemic couldn't scare me into the burbs )
NKLA partnering with GM Article on
Posted by ridgetopab on 9th of Sep 2020 at 01:49 pm
NKLA partnering with GM
Article on Nikila and GM link - solves the servicing issue, huge manufacturing capability with GM too.
anybody know where you can
Posted by morton7 on 9th of Sep 2020 at 04:20 pm
anybody know where you can fill up with hydrogen these days? seems like a drawback unless its like back to the future and you can put your garbage in for fuel.... I do like the design however much better that the cyber truck...
I agree Matt. Looks like
Posted by elementsix on 9th of Sep 2020 at 10:04 am
I agree Matt. Looks like trade rotation out of TSLA and into "competitors" but the fundamentals are so completely different in the real world. While TSLA may have been way out of whack on price, it could start looking more attractive at these levels, if you are more long-term..