Tesla sales in Europe for Q2 went down 40%, while other manufacturers sold much more. Competition is starting to hurt Tesla and take part of their marketshare. In the land of the blind, one eye is king. But soon it will not the land of the blind anymore. https://insideevs.com/news/434919/tesla-sales-western-europe-h1-2020/ https://www.bloomberg.com/news/arti...top-europe-s-sales-charts-isn-t-a-tesla-or-vw
Yes, agreed. The point was simply to salivate on that return, not on the skills or lack of. He's been a Tesla groupie since the beginning and holds several hundred shares at sub 275, including a 100 from 2010. I don't have the patience and wisdom to hold for that long. Heck, I was a Tesla detractor at the beginning of this year! But it's the video from a Tesla fan club (I posted it a few months ago on this thread) that turned me around to see what Tesla truly is and its potential. I started trading Tsla in late March this year. It's become my +80% day trading stock, on target to gross $1M by year end.
TSLA is doing very good last few days, Ive been making money which i take some of the profits of the table, and reinvest but i will proably just hold tesla and sell at different points, if you can get in cheap and sell high that is making money, Some sites say 2500 to 15000 tesla target so its a big number
You've got to feel real good with those profits. I wonder how you will feel in many years. Selling NFLX and APPL years ago are my biggest trading mistakes.
Interesting point there nursebee. If you've followed my posts on this thread, you know I have a friend who bought Tesla 10 years ago and holding (he did buy NFLX as well but sold after the split, regretting it ever since). With 800+ shares, he sold 30 when Tsla hit 2k (a mistake since it's now past 2100..) and vows to hold until 3k. I, on the other hand, started trading Tsla in late March this year. But I've been day trading, sometimes holding for 3-4 weeks like now, taking in profits that I reinvest. Of course I've got far more invested at any one time than he has had to, but I'm coming pretty close to the value of his returns and may even match it by end of this year, if buyers are willing to take a breather and let the shares pull back some. My point is, other than the stress that I inflict on myself day trading Tsla, I also get the satisfaction of cashing in.
I thought about this and I can only come to one conclusion... TSLA is the Bitcoin of stocks. I mean.... is what it is. Buy buy buy!
the biggest problem i see is selling it unless you know when to sell and buy and sometimes that is hard, because it cost more to get back in
very interesting bearish case for tesla Price target $87.00 Very strong reasoning Tesla is “trading at more than double VW’s (VOW3.DE) market cap, yet VW sold 11 million cars last year. Tesla sold just under 370,000 cars last year, looking to sell roughly 500,000 cars this year,” said Johnson. He notes that without the electric vehicle company’s credit revenue sales, it would’ve lost about $300 million in the second quarter of this year. “That’s essentially taxpayer incentives that they’re getting for selling credit revenues to other car companies, “ said Johnson.“The problem is all of those car companies are now selling electric cars, and Tesla is guiding their credit revenue sales to be down 50% in the back half of this year.” https://finance.yahoo.com/news/tesl...ality-predicts-87-price-target-180905935.html