Should I buy TSLA shares?

End of year probably

Awesome, congrats!

Tesla is a bull! I’m holding it through ARKW and VT also…

Got also 1700% return on NIO where i’m turning 4k in to 74k… the market is going crazy!

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Congrats, doesn’t beat my Bitcoin from 2k to 230k (technically 350 to 230k) tho :stuck_out_tongue:

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Gains like these are just bonkers:

  1. That bitcoin did not produce anything
  2. You just clicked buy and did nothing
  3. You earned more than some people are able to save up their whole life

Of course, until you find a buyer at that price, these gains are virtual. But it’s crazy that people are willing to pay so much money for something virtual, which at the beginning was worth practically nothing.

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Let’s not turn this into a “bigger d***” contest. :slight_smile:

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That’s why I found it strange to say “Elon Musk is the richest person”, as for what I heard it’s mainly because he own 18% of TSLA stocks. He’s “the richest” now only because of the increase. Which is virtual.

And even if we want to cash out like right now, to turn those stocks into cash, having that huge amount of stocks go short would obviously drive the price to go down, no? So he would not even be able to sell all of it at the current price?

I’m still quite noob with how the market work, so maybe my understanding is wrong. Obviously it’s all hypothetical just for the case study (why on earth would he want to sell everything right now lol).

Some days, I check my account on IB. It’s just crazy to see on your daily P&L (gain or loss) an amount which is higher than my monthly salary…

I thought it was the whole concept of buyand hold :wink:

Yes, it would depend on the daily volume. Unless you are elon musk, you won’t influence the stock price. If Elon sold 18% in one day, the price will go down

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This applies to all the people from the richest top list. You have to really understand what that valuation means. It’s just the price of the last transaction x total number of shares. But then you have these retarded visualisations where they put dollar notes in a swimming pool or they want to distribute this non-existent money between poor people. I constantly see comments under Musk’s tweets where people say he or Bezos could eradicate poverty or student debt or whatever problem with his wealth. Not only is this a complete miscalculation, but it also would be counterproductive to kill a business just to help a few people live better for a month. But people believe such legends…

How would the business be killed without stock ownership by Musk? Because tesla valuation is based on Musk worshiping? :smiley: If Musk dies today, by how much does the stock crashes?

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Probably because nobody ever really tried… there are a few countries where 1000 CHF would get you thru more than a month.

50%+ (20 chars minimum…)

Just imagine if Musk announced today that he wants to “feed the poor” and he is selling all his TSLA stock. I don’t think he would sell at anything close to $800 per share… Then, without him with the voting power, with his power scattered over the fresh buyers, I think with time the company’s risky spirit would evaporate.

I just don’t get people’s logic. Whenever someone builds something, they instantly want a piece of it…

Listen to Chamat

https://www.cnbc.com/video/2021/01/07/palihapitiya-on-musk-the-worlds-richest-person-should-be-somebody-thats-fighting-climate-change.html

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Doesn’t have to be overnight… shares outstanding increased by 7%+ per year for tesla so he could do it over 4 years and would likely not even be visible. Didn’t Bezos have to give a large amount of shares to his ex-wife which she then sold?

Edit: he doesn’t even have a controlling stake, so really it shouldn’t make much difference. And there’s other way to do it (like donating the shares, won’t affect the stock price, they can sell a few hundred millions at a time).

I like to listen to Chamat, he always speaks logically and calmly. You know, it would be cool if people with beliefs started voting not only with their wallets in shops, but also in their investment plans. Not have your whole wealth locked into your house and pension fund which pulls the strings for you. Be active in investing in the things you believe in. I’m sure that big part of TSLA valuation is the promise of sustainable future. People want to drive clean electric cars, want to put solar on their roofs and look how powerful they can be. They can lift a guy who promises this to the “richest” man in the World. Have a vision, work very hard and honestly towards it, be rewarded for it.

@nabalzbhf: I won’t go further into this theoretical discussion, because I find the idea pointless

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Close your eyes and imagine you’re in the year 2030. Let me paint a picture of how Tesla could look like.

Took me 14 hours to create. Hope you enjoy it :slight_smile:

P.S. the benefit of having a time-consuming hobby like YouTube is that you don‘t check stock prices so often :joy:

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Yesterday was a bit disappointing: only +7.84%, to $880.

Hey Remo, I watched your video. If you’re interested in some feedback from a YouTube junkie:

  • great audio quality, nice that you’ve got a good mic and (I guess) good room with not much echo
  • ok video quality (somehow not so crisp on my screen)
  • cool background (but maybe I’d go for a physical one like Now You Know, Tailosive or MKBHD)
  • cool consistent thumbnail theme
  • your English has a strong German accent and you speak in a stiff manner, maybe try to loosen up a bit
  • for me the content was not anything new. I saw Now You Know talk about it, other channels too. I know it’s hard but I guess the key is to distinguish yourself somehow. For example Steven Mark Ryan comments on TV interviews with a lot of sarcasm and brutal honesty (sometime’s he’s even too edgy for me)
  • I guess what you’re saying sounds a bit unconvincing. You paint a picture of year 2030 but you don’t give concrete arguments why this will happen, why Tesla can do this and why others cannot
  • In order not to be too critical: I have a comparison between you and my friend who recently started a YouTube channel. Your content & production quality is much better. I think you really deserve more than a few hundred views per video. I guess it’s a pain to invest 10+ hours and not reach a bigger audience :frowning:
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I may be biased because I speak German and am used to German accents. That said, I think he doesn’t have a strong accent, to be honest. His accent is distinctly Swiss German, but sounds “quite neutral” overall to me, and highly intelligible. I mean, I have heard lots of native accents that are much harder to understand (for instance, former Manchester United manager Alex Ferguson).

Again, in terms of content, he is - by his own admission - “painting a picture” here.
He basically predicts (3:37) Tesla to become a (technological) monopoly by 2030.

Here’s the thing: there’s very little facts to support that picture. Other, even “legacy” car makers have got competing electric cars rolling off their assembly lines today. They may not have the range or efficiency that Tesla has - but they aren’t that far behind. They arguably have nicer interiors and are of higher build quality.

As for Tesla’s non car-related businesses, just looking at the financial statements, they’re hardly having any actual business today. Much less one that’s seems destined to grow to hundreds of billion within the next 10 years.

Solar panels and batteries? It’s not as if they had a great competitive advantage today. They’re still heavily reliant on Panasonic for their battery production. And don’t get me started on the “smartness” of their energy generation/storage products. It’s not rocket science. If I had just one $ for every crap under the sun that get slapped with a “smart” label nowadays…

As for the comparison with Apple, their iPhone - or smartphones more generally - transformed a lot of the way everyone communicates with each other and has access to information. Within a decade.

Cars on the other hand have been around for many decades of years. So has public transportation. And Tesla will largely be shipping cars to replace cars.

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If I may chip-in, Remo.
Don’t get me wrong, personally I’d be stiffer than a ironing board, but I agree on a bit of loosening up, or moving a little (but not too much flailing), that may loosen the speech rhythm a bit at the same time.
We can’t all be an Ozzy-man though.

What strikes me kind of uncommon for such videos & implies (for me) a touch of “amateur” are the headphones. Why do you need those? Or maybe you could get ones less conspicuous?

Cheers