This thread smells of Bitcoins…
You mean my other great investment? I put 10k, was already as low as 3500 this march and now im at 13.5k!
I was thinking: if all the money goes into Tesla shares, they could become a currency. They’d be used for transactions whereas Bitcoin would be some kind of gold?
https://www.cash.ch/news/top-news/geld-warren-buffett-kauft-er-heimlich-aktien-von-tesla-1664776
Rumour has it that Warren Buffett may have been buying lots of Tesla shares in the past weeks, building up a position worth almost 11B.
After years of procrastinating, this thread finally convinced him.
well he invested in byd in the past … but he would be quite late. interesting nevertheless.
A man, sitting on cash, decided to invest in TSLA in the last days. Where do I know this story from?
This is interesting, if true. Despite all the P/E stuff not making sense, as @Julianek pointed out already, the guru of investing goes for TSLA.
Headline: at 90, Buffett goes full YOLO & FOMO
And now the price gets pumped further because Buffett rumours get out.
What a sentiment perpetuum mobile!
I stumbled upon this documentary about John DeLorean and his eponymous motor company over the weekend.
Even if the creator of the video hadn’t spelled out the comparison to Elon Musk (twice), I couldn’t have help noticing some similarities to Tesla. And it’s not due to similarities of the stainless steel cars either.
“The Delorean factory was state of the art, with new production processes that had never been tried before”
Dagogo is just a YouTuber, he makes entertaining stories, but that’s it.
Tesla was already in this situation, when they started producing the model 3. They were almost out of cash and they battled with production issues. The next challenge could be the cybertruck, but at least they’ve got a leg to stand on, should they run into troubles again.
Elon Musk was always close of bankruptcy. Also with SpaceX, they got 1 launch left before the whole project was shut down. Luckily it succeeded.
That was only three years ago. Makes investing huge amounts in the company (esp. compared to sales) seem a huge bet.
Guess that narrative of barely escaping bankruptcy to then rising to dominate the world only makes it (him) more popular with their (his) fans though.
3 years ago Tesla was priced accordingly. $60, not $585. So almost 10x less.
The future is here The steering wheel looks kinda ridiculous. In the next model they should get rid of it and the pedals too. For the couple of cases where you would like to manually steer the car… you could do it with an XBOX controller or sth
Apparently the priority was to get rid of the passengers …
1T market cap next step, then 10T? Lol.
Bad news is, I don’t think I’m gonna buy any more TSLA at these prices. Meh… I keep reminding myself of the time when I started this thread, the price was still under $1000 ($200 after split). I would have double the stock at the same cost. But at the same time I’m happy that I put this limit order for $400. It won’t let me FIRE but at least I got some skin in the game.