Share Investment, Discussion & Tips

[Fred Bloggs]

See....

"Tesla shares skid as Model 3 production hits rough patch"

You're going to have to do better than a piffling 2.5% drop!

[eek]

You're going to have to do better than a piffling 2.5% drop!

It's about 15% from the top of the market when Simon called it and probably has a way to go...

[simondolan]

It's about 15% from the top of the market when Simon called it and probably has a way to go...

Market cap is about $800,000 per car. Every other manufacturer about $30,000....

Once people start to realise Musk is a snake oil salesman it'll drop very quickly

[Fred Bloggs]

Thanks for the thoughts. I only buy shares I understand. Hence Tesla is rather off limits for me. I understand many hedge fund managers have lost millions though betting against Musk and Tesla.

[eek]

Market cap is about $800,000 per car. Every other manufacturer about $30,000....

Once people start to realise Musk is a snake oil salesman it'll drop very quickly

True but at the moment I feel there is the possibility of a little upside (given the insanity of the current market) -as such I'm happy to sit it out...

[simondolan]

Thanks for the thoughts. I only buy shares I understand. Hence Tesla is rather off limits for me. I understand many hedge fund managers have lost millions though betting against Musk and Tesla.

As you say- all about the timing. Difficult though to find a company so overvalued on every metric. Is valued as though a tech start up, in reality is a poor car company, subsidised to the hilt, run by a man who consistently launches bold plans and completely fails to deliver, without any proprietary knowledge and has massively well funded competitors from both the existing car market and new comers

[MarillionFan]

Market cap is about $800,000 per car. Every other manufacturer about $30,000....

Once people start to realise Musk is a snake oil salesman it'll drop very quickly

Nah. He's going to solve the worlds problems with rockets and moleships, I saw a video.

Once I finish my teleportation device though, I'll be shorting everyone.

[MarillionFan]

Market cap is about $800,000 per car. Every other manufacturer about $30,000....

Once people start to realise Musk is a snake oil salesman it'll drop very quickly

As you say- all about the timing. Difficult though to find a company so overvalued on every metric. Is valued as though a tech start up, in reality is a poor car company, subsidised to the hilt, run by a man who consistently launches bold plans and completely fails to deliver, without any proprietary knowledge and has massively well funded competitors from both the existing car market and new comers

You've just described every unicorn in Silicon Valley.

[simondolan]

You've just described every unicorn in Silicon Valley.

never occurred to them that unicorns don’t actually exist did it!

[Fred Bloggs]

What's happening at FreeAgent shares? Down 11% today. I've been watching these and I'm very tempted at this level.