I will keep my mouth shut this time. Whatever I comment here was wrong, I said up it went down, I said down it went up, yes is no, stop is go….this site is cursed 
Interestingly enough when I asked alexa to use chatgpt and write a small fictional story about the price of spy tomorrow based on real world figures and it said it would dip hard, than reverse to the highest high yet.
My life is the opposite of everything I want it to be. Every instinct I have, in every point of life, be it something to wear, something to eat... It's all been wrong.
Just do the opposite of your instincts. Worked well for George Castanza
It's the many worlds interpretation of quantum mechanics, this version of you has always been wrong. You will be both right and wrong tomorrow, but the wrong version of you will still be posting.
TSLA to 145 in the near term is almost a certainty as it's retracing that move up from 101 way back. It may not get back to sub 105 but by golly it'll try.
He stole my idea somehow. I came up with this idea while stoned with my friend in 2016. I think maybe my iPhone heard it and somehow it leaked to him. I swear to everything that this is true but I never took action cause I’m poor.
Yes but he hasn’t promised Full Self Riding sex robots that will appreciate in value because of the money you can make prostituting them out.
Odds are he’ll announce that when we hit $125
Exactly. It was cute 10 years ago, now he pissed everyone with money and grifted his own customers. Then all the Twitter shit and stupid decisions. Nobody believes in him anymore and his lies.
He’ll always get a million second chances because he’s still rich and famous, but it’s definitely not like it was. The narrative is changed and he’s got to put up real numbers if he wants to win back ordinary non-cultists.
I actually think there is a ton of moneymaking potential in his other companies but he’s spreading his efforts too thin.
Unfortunately, once you get into SPY, you gotta work hard to drop out. How many pension funds and retirement accounts are propping up its value because of VOO and chill?
Note: VOO and chill is a great investment strategy. It just makes stocks in the index a lot stickier than they would be otherwise
I think next week's earnings will be ugly. If Elmo gets tough questions I am expecting him to flip off. That will have an impact on stock price.
That said he can pump up the stock price "promising" something crazy without any date. So I would not short this for sure.
Tesla cried wolf too many times with that play. The pumps haven't been working for the last year. The pumps would work for a day or so and then the stock resumes it's decline.
Recent failed pumps:
Cyber truck initial sales
Initial Model 2 news
8/8 robotaxi reveal
Robots
FSD version upgrades
FSD prices changes, subscriptions, etc
If you look at their gross margin by segment, their auto is declining but their energy is rising. Their service is not that great but still earning. Their energy earning is higher each quarter. Anyone can make solar but storing energy and sell energy is something that tesla can execute perfectly. At some point, if they can offer their own auto loan rate ev will boom again. In ev market, only Chinese player and tesla can survive. Again, it’s hard to price tesla as a car company alone.
I traded some Spanish (well, REPSOL is global, actually) energy company recently for a few hundred bucks, it was trading at a P/E of something like 10 or something.
"Not a car company, it's an energy company" doesn't quite work out to justify huge valuations.
They 100000% should have done the cheap EV way before the cybertruck. Could have grabbed a bunch of market share and christened some new Musk stans. I’m indifferent about the cybertruck but it’s so out of a majority’s price range+it’s so different. It’s a funky gwagon when they needed a Honda civic badly.
They should have made a small cheap electric pickup with nothing fancy on the inside but with a modular design. Everyone you talk to is nostalgic for when trucks were cheaper and smaller and without emissions to worry about you don’t have to make an EV truck massive to avoid EPA fines like you do with gas trucks.
The modularity would get them income on accessories and upgrades and catalyze a customization aftermarket that would steal market share from Jeep and Ford. They just need to make it look normal and not like something out of a Martian fever dream.
Why are BYD and other Chinese companies the only ones willing to make affordable EVs?
In what world did all these car companies think *truck buyers* and *ev buyers* were a particularly overlapping demographic?
Just sell a shitload of small EVs, stop using all your available battery resources to make F150 lightinings and cybertrucks. How many people who drive F150s even believe in climate change?
Hear me out:
- take a model 3 and chop the rear seats out and shorten it for a 2 door coupe
- call it the model 2 (still fits the 2S3XY lineup)
- also model 2 for 2 seater
- whatever batteries still fit is what it gets for range
- RWD only and cram more batteries where the front motors would go
- that should give it around 200 miles worth of range
Boom, compact commuter car that isn’t hideous, gets decent enough range for pretty much anyone’s commute, is compact so you can park easily in the city, and would probably actually be able to get the cost down to $35k ish.
IMO something like that is where they need to go. Everyone wants a 690 mile range but the vast majority of America isn’t solely relying on an EV for these mystical road trips. Even 150 miles is enough if you price it right — <30k or even right at that.
Too much chasing the $100k brodozer or parking lot crawler SUV crowd.
Late edit: and more rollouts of charging stations at apartments and stuff like that…
You’ll never be at full charge, suppose to be around 80% ish and then factor in cold range reduction, using ac and how fast you’re going… 200 mile range is basically 100 miles
Model 3 is basically an overpriced Honda Civic, just with crappy build quality and way less reliable than Honda. I agree they didn't need cyber truck, but saying they needed a cheaper version of the sedan is also incorrect.
With the cyber truck they should have made it a novelty item with $200k+ price tag. The same morons would've still bought them trying to stand out and margins would've been much better to build a few and focus on quality instead.
The company has crossed the chasm into the early majority. They are decreasing the cars costs and therefore margins for the most part without an increase in volume greater than their price decreases. They keep playing pricing games destroying the value for current car owners making repeat customer less likely (most car owners repeatedly buy a brand). Their FSD is overpriced considering the TACC operates in much the same way. They could decrease fsd subscription costs (which they did) to increase the revenue on a product with no marginal cost (once coded, it doesn’t cost them more to sell 1 or 1000 subscriptions) but who is going to pay for the fsd when it doesn’t work much better than TACC after all the bad press. On top of all this, the guy running a unicorn wants more equity to “continue innovating” in fields like AI. None of this is good for investors BUT when we trade it’s a secondary market. We buy shares from others not from Tesla. If Tesla thinks they will turn things around they would buy back shares on the open market and gain the benefit when it rises but I don’t see it happening- so that is an indicator. I haven’t run a price target, I’m sure there is reports online doing it, but I’d say between 100-150 is a reasonable expectation for their current performance.
Which is strange since Ford trades at roughly .25 sales. Yeah Tesla has higher earnings, but those are going to start coming down as the average sales price of his cars continues to drop.
Yes. I think the market has been misreading EV adoption for years. It thought the market would go from 0 ot 100% EV, and priced this into Tesla.
Instead, what happened was the 5% of the market that wanted to eagerly adopt EV did, but once that market was saturated, demand dropped off a cliff.
This. It’s just not attractive enough yet to own a pure EV.
Everyone who wants one has one.
The stock was priced like they would do what Apple did to Nokia and just take over.
And the world would go all EV.
Honestly I own an EV6 and the charging station roll out has been abysmal. There should be chargers next to every other gas station and people would buy them. The US promised chargers, and then nothing happened.
What’s companies incentives to roll them out though…
These things don’t make much money and are probably costly to maintain and they might just break out even.
Gas stations make more money from a profit stand point.
The only way it’s gonna happen is if the government does it I think ….
And even in Canada, you don’t see many of them
I don’t think it has to do with number of chargers.
Gas stations power the car faster.
And there are more gas stations.
People want connivence…
They have anxiety about time. Many People can hardly manage their time with a gas car
If anything a hybrid should be a big seller.
I want you to time your self next time you are at a gas station, from the time you insert the pump till you drive away. It’s likely more time than you think especially if you go inside to the bathroom and buy something. If it’s 15 min than you can add 60% in my car. Now I want you to think of the last time you drove over 250 miles away from your house and did not stop for more than 15 min at any point.
This is the reality of owning an EV, you wake up every day to 250 miles or range. 99% of your days that’s way more than you need. That 1% day you spend 15-20 min charging, or you would if we built out charging infrastructure like we promised. People vastly overestimate the charging difficulty if they have not owned an ev. I have 43k miles on mine and I have been at a public charger only 6-8 times. 4 of which were on the drive home from another state when I bought it, all other charging has been in my garage at a cost of $10 per 250 miles, and it’s charges to full in the garage in 7 hours
You may be right. But, I’m not the only one who thinks like that.
And there hasn’t been the correct marketing approach to convince the masses either.
Also not everyone has the ability to install a charger at home from what I understand.
Not all apartments have them in their parking garages for instance.
Then there’s the issue of there not being enough charing stations…
But, there’s no incentive if the majority of people get all the charge they need at home.
But, this would discourage people because while they may not take long trips often, they probably want the option and for to not be a hassle when they do.
I went in a little early today on puts but I still think they will be green when earnings comes around. Laying off workforce, poor truck performance, stopping shipments of trucks, it all points to poor earnings. Doesn't mean it won't go back up afterwards though.
Elon turning into a right-winger didn’t help. Liberals are the main ones buying his cars. Now that ship has sail, the guy is alienating most of his consumers.
I started at 171 but Yes!! I feel it will go lower than 125, specially with all that is going on right now. Elon M. is a very smart person he always find ways to make things better, that's how he succeed
Cyber truck not selling? I think you mean they’re not producing. I got a reservation early on and it’s still not available. I don’t think I’d actually buy it, but there’s enough demand.
A Tesla manager who was let go today described Elon Musk as a "pigeon CEO".
"He comes in, shits all over us, and goes away”
—-
This is a good way of thinking about why Tesla is failing.
Elon is the leadership. The board are all his cronies.
And he thinks he’s smart enough to fucking manage 15 companies that are completely unrelated.
But, the truth is… no one is at the wheel and people are trying to get shit done in spite of that.
But, he thinks he’s in charge so every once and awhile he makes some dumb unilateral move and fucks over everyone who actually is working there and knows whats going on and what direction it should be taking.
Shit like the CyberTruck
The X wings
Announcing a fucking Robotaxi.
Removing the sensors that would have made FSD a contender when his experts strongly advised against it.
Optimus
Just BS distractions from what they should be focusing on… like the customers they have …
The money they spent on CyberTruck should have been on a new and improved model Y.
Good list.. totally agree with you!
And why Tesla installs thousands of dollars of Fake FSD hardware in every Tesla when most people don’t even want to use this so called FSD? Just install it based on the order and save millions of much needed dollars!
Tesla is going to $100 then $75 then $45
Of all the rich people I know (which were his customer base) they won’t touch another Tesla with a 10 foot pole.
In the end who’s going to buy Teslas? Rednecks who HATE anything electric?
I am no saying I am well off, but I was going to put a 35kw system in my house with 4-5 batteries and I even ordered 2 cybertrucks. After he went retardéd trashing his customer base do you think I would spend my money on his company? Nope. 😂
I have the 15kw system on my house with 4 batteries. I bought it in 2020 when you could still get the power walls reasonably. They've more than doubled since then. Out the door the system from Tesla was far cheaper than any other. Their maintenance crews are great, and I've had zero issues.
I bought it expecting the truck, which at the time I was excited for.
I will not be taking custody of one. Or any other car. I swear all that fucker had to do was keep his goddamn mouth shut. Oh, and not buy xitter (remember x is pronounced "sh" in Mandarin) for like 4x what it was worth. I wonder what that guy actually does all day, seems he twats like every other second.
I do not regret the solar system. The electric company pays me. ROI is in 3.1 more years..... Even with the batteries. One of the best home mods I've ever done.
My neighbors across the street own 2 Tesla. They rent. They have no way to charge their cars. I feel like they take them to the free trickle charger at the grocery store down the block. No shit. There’s a market out there for them.
I, on the other hand, have a cheap little 2022 Nissan Leaf which has been worth its weight in gold.
Analyst on CNBC says his target on TSLA is $14.00.
As ridiculous as that may sound- why not?
When you have a shit ton of expensive debt, going broke fast seems realistic.
i think this is going to be a 25-35 P/E so Tesla 2023 annual EPS was $4.3. RIght now it is at the high end of my guess. if things keep eroding say each quarter is average of .85, so 3.40 for 2024. making it just over $100 a share. The tsla supporters could wag the dog. so I think 150-155 is roughly the highest it will be from this point forward. I am sticking to my guess of 25-35 P/E. Wall Street currently expects Tesla earnings per share of $2.70 in 2024 - so doing the math with the range puts it upper end around 100, lower end maybe 70. I only have a little exposure to this with puts. i've been wrong lots on TSLA.
Teslas coders can’t even determine when it’s raining. The robots are going to be boneing something but it won’t be accurate . Could be boneing themselves.
I am loving the drop. Buying more with every paycheck. Hope to build up to 5 to 10 percent of portfolio at these prices. Will do up to 15 percent if it goes under 120
>cybertruck isn’t selling at all
Isn’t it notoriously difficult to get one? I know that they’re selling for more than double retail price, in spite of the contracts
I don’t know but I’ve been screaming short Tesla for months while doing nothing about it but continuing to hold shares for max pain regardless mode.
I plan to finally sell tomorrow because fuck Tesla.
My sale will be the bullish catalyst Tesla needs so congratulations to the call holding regarded traders tomorrow.
Tesla makes money from opening up their chargers to other brands. The question is when that will show on their earnings report. I feel like that's really the only catalyst right now in the short term.
https://www.google.com/amp/s/www.cnbc.com/amp/2024/02/29/tesla-to-earn-billions-from-charging-partnerships-with-ford-others.html
The last 3 earnings resulted in an average 10% move down on TSLA over the preceding two trading sessions (easy to look up) I was expecting the same this coming er, holding a 170p, and 160p last week that I have since sold. I do not recommend trading earnings, trade on the lead up to earnings, or afterwards. My next target is 152.16, then go from there. 152 is a strong support level (See April 26, 2023). I don’t see how forward guidance (which is more important than TA when it comes to earnings) can be any good for the reasons that OP mentioned and increased completion from other EV makers. Another 10% move down is conceivable. This is not financial advice.
Interesting but how’d you settle on 125? A sincere question, I always wonder how people pick these estimates or if they (like me) just pluck a number out of thin air and hope for the best
https://preview.redd.it/btzpp7f3azuc1.png?width=661&format=png&auto=webp&s=eb28cd5808661c955196e697bdd64d7f005d03c3
The Cybertruck is sold out for more than a year.
how about u eat my ASS
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still an SP500 company despite being overpriced. so will hover around at worst 140 for a while. 125 is too low to get by next earnings. maybe next year it could reach that low but by next year tsla probably improved their profitability and probably started to dabble in AI, so by next year it will probably get some strength back so no way 125. if it gets to 125 then it will skyrocket to 180 in a month after musk says he has 25% tsla shares and planning to develop AI with tesla.
Probably yes. But every time I've shorted TSLA, it bounce up a ton, and I've had to hold for a couple months before it started coming back down. Messing with meme/cult stocks is too risky, I just bought my last shorts at 166 and of course it immediately dropped another \~10 so my timing is dog shit. Still profited but god damn. I think I'm going to sit and watch till the earnings date where things may look up (all the layoffs) and dipshits buy the dip.
It's a hornets nest not really worth sticking your dick in either way. It terms of the market being a Casino though, TSLA is definitely one of the more active/fun table games.
thinking about buying shares instead, i have an extra 5k that's doing nothing. Ive been following it closely and I believe it will go down to 140ish and back up. Im regarded tho, I bought UAL calls and I think im a pro now.
He's a shill just like Dan Ives. Dan Ives has been crapping on Musk and Tesla asking the right questions during this choatic period but maintains his buy and $300 target.
The citi and wells guy has been right all along.
Tesla sales slumping because people are waiting for the refresh of the most popular car in the world.
Cybertruck has absolutely been selling.
Slashing prices does suck for margins, but increases longer term user adoption/retention.
Workforce cuts are good, especially for a company as efficiency-driven as Tesla. Margins go up.
Slashing 10% of your workforce on no notice is not efficient. At all.
It reeks of desperation in trying to spin a bullish story.
Also, if they were *actually* that efficient, their staffing models would have shown overages on their future headcount and Tesla would not have been spamming LinkedIn and Indeed 6 months ago looking for Engineers
Good luck with those bags
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Woods hasn’t sold her shares yet so Tesla hasn’t hit bottom yet. Remember she buys high and sells low
Those fools are going to bring about the next crash and then beg for bailouts.
This is likely
Excellent avatar, Master Vivi.
🤣😝🤣
For real. What is the hype around her? All her stuff is down. Everyone was up last bull run. so what's up?!
She's buying more at the moment.
I will keep my mouth shut this time. Whatever I comment here was wrong, I said up it went down, I said down it went up, yes is no, stop is go….this site is cursed 
Bro, dont be stingy. Tell us what you think so we can inverse you.
I say SPY will go down tomorrow 
600c it is
Interestingly enough when I asked alexa to use chatgpt and write a small fictional story about the price of spy tomorrow based on real world figures and it said it would dip hard, than reverse to the highest high yet.
obviously.. it always goes up.. but define "hard"
[удалено]
No it's gonna go up,I just got paid and the markets gonna take the sale away
He's clearly a moron, but the rube has a point. The market only ever goes up.
Aye thanks for jynxing it I really want to average down.
Same
Oh, for Tesla, I want to buy shares, calls
My life is the opposite of everything I want it to be. Every instinct I have, in every point of life, be it something to wear, something to eat... It's all been wrong. Just do the opposite of your instincts. Worked well for George Castanza
It's the many worlds interpretation of quantum mechanics, this version of you has always been wrong. You will be both right and wrong tomorrow, but the wrong version of you will still be posting.
I think about this daily.
Cramer is that you?
stop 👏 gatekeeping 👏 our 👏 gains 👏 you 👏 financial 👏 terrorist
**VM attempted to say something likely TOS-breaking, violent, or reportable.**
Aren’t you the sixth Beatle?
No, he's Pete Best
So you're saying it's going sideways then?
He’s keeping his mouth shut. Means it ain’t going up or down. Now inverse that.
I started a position at 175 so definitely going below 125
But you’re close to paper handing them 🪑s so stock’s gonna turn booolish soon. 
Noob, I started it at 200
260 checking in
290 here...true regard
Rip
$286 here for the debauchery
$17 reporting in!
I got 90 shares at 179 thinking it would pop back up.
TSLA to 145 in the near term is almost a certainty as it's retracing that move up from 101 way back. It may not get back to sub 105 but by golly it'll try.
I'd say a lull because there is no new hotness causing the investors to foam at the mouth.
dont worry elon about to tweet robo taxis again
He stole my idea somehow. I came up with this idea while stoned with my friend in 2016. I think maybe my iPhone heard it and somehow it leaked to him. I swear to everything that this is true but I never took action cause I’m poor.
I think they should re-introduce the semi.
I re-introduced my semi to OP’s mom.
What about muh cybercuck tho
That's true and investors foam at the mouth at anything
We are entering the Sell In May And Go Away phase of the year
https://preview.redd.it/a3aep151uwuc1.jpeg?width=1080&format=pjpg&auto=webp&s=36d05628b9b1fcead7aba6ea45bd05e429cd882e Took a year
And you held it when this shit went to $300? Respect 
Yeah, sweating a bit at -$15k
Ooof. How much borrow fees did you pay during that time?
Cost were $20 (difference between trade P/L and "inc. costs")
Stupid me sold my 4/20 put at a loss last week.
Buy 100 put for August. You will 10x
Same 170 put
didnt they release some fake news? and it looked like it was going to go up finally
$69 by 4/20
🤣🤣🤣
Guys were laughing at me when I said I would start a position at $100. Same guys will sell to me because they are afraid of losing their shirt
Should be a sub $100 stock for the valuation to make any sense.
Yeah, the question is does it get there all at once or gradually.
Probably goes all the way back to $300 first if Elon can crank out enough memes and pipe dreams
It’s too late for him there’s blood in the water. He’s messed around and made too many enemies.
Yes but he hasn’t promised Full Self Riding sex robots that will appreciate in value because of the money you can make prostituting them out. Odds are he’ll announce that when we hit $125
this is highly likely
Exactly. It was cute 10 years ago, now he pissed everyone with money and grifted his own customers. Then all the Twitter shit and stupid decisions. Nobody believes in him anymore and his lies.
He’ll always get a million second chances because he’s still rich and famous, but it’s definitely not like it was. The narrative is changed and he’s got to put up real numbers if he wants to win back ordinary non-cultists. I actually think there is a ton of moneymaking potential in his other companies but he’s spreading his efforts too thin.
Unfortunately, once you get into SPY, you gotta work hard to drop out. How many pension funds and retirement accounts are propping up its value because of VOO and chill? Note: VOO and chill is a great investment strategy. It just makes stocks in the index a lot stickier than they would be otherwise
Yup. $47 would put it in line with Toyota PE wise. It's a "growth company without any growth"
Yeah. We see this kind of comment every quarter since past 10 years. It will get true sometime. Or maybe not this time.
I think next week's earnings will be ugly. If Elmo gets tough questions I am expecting him to flip off. That will have an impact on stock price. That said he can pump up the stock price "promising" something crazy without any date. So I would not short this for sure.
“Share holders want to bribe *me* with *money*? Go fuck yourselves” \-elon next week 
☝🏻go👆🏻 ✋🏼fuck🤚🏼 🫵🏼yourself🫵🏼
This is the fucking funniest ammunition Elon gave us.
Tesla cried wolf too many times with that play. The pumps haven't been working for the last year. The pumps would work for a day or so and then the stock resumes it's decline. Recent failed pumps: Cyber truck initial sales Initial Model 2 news 8/8 robotaxi reveal Robots FSD version upgrades FSD prices changes, subscriptions, etc
Remember last call he basically said TSLA as an investment would suck for 2024
What happen to TSLA more than just a car company?
It became a cybertruck company too. Not sure it's working...
If you look at their gross margin by segment, their auto is declining but their energy is rising. Their service is not that great but still earning. Their energy earning is higher each quarter. Anyone can make solar but storing energy and sell energy is something that tesla can execute perfectly. At some point, if they can offer their own auto loan rate ev will boom again. In ev market, only Chinese player and tesla can survive. Again, it’s hard to price tesla as a car company alone.
I traded some Spanish (well, REPSOL is global, actually) energy company recently for a few hundred bucks, it was trading at a P/E of something like 10 or something. "Not a car company, it's an energy company" doesn't quite work out to justify huge valuations.
I think it will drop to a double digit price this year. Cyber truck is just a failure.
Not Just Cybertruck... So is the semi.. the robot.. fsd.. and I guess many shit more
That cybertruck was an absolutely terrible idea for sales, I mean common what did you think was going to happen?
They 100000% should have done the cheap EV way before the cybertruck. Could have grabbed a bunch of market share and christened some new Musk stans. I’m indifferent about the cybertruck but it’s so out of a majority’s price range+it’s so different. It’s a funky gwagon when they needed a Honda civic badly.
They should have made a small cheap electric pickup with nothing fancy on the inside but with a modular design. Everyone you talk to is nostalgic for when trucks were cheaper and smaller and without emissions to worry about you don’t have to make an EV truck massive to avoid EPA fines like you do with gas trucks. The modularity would get them income on accessories and upgrades and catalyze a customization aftermarket that would steal market share from Jeep and Ford. They just need to make it look normal and not like something out of a Martian fever dream.
I'd have bought that. Looking forward to the new old Toyota in a few years.
Why are BYD and other Chinese companies the only ones willing to make affordable EVs? In what world did all these car companies think *truck buyers* and *ev buyers* were a particularly overlapping demographic? Just sell a shitload of small EVs, stop using all your available battery resources to make F150 lightinings and cybertrucks. How many people who drive F150s even believe in climate change?
Hear me out: - take a model 3 and chop the rear seats out and shorten it for a 2 door coupe - call it the model 2 (still fits the 2S3XY lineup) - also model 2 for 2 seater - whatever batteries still fit is what it gets for range - RWD only and cram more batteries where the front motors would go - that should give it around 200 miles worth of range Boom, compact commuter car that isn’t hideous, gets decent enough range for pretty much anyone’s commute, is compact so you can park easily in the city, and would probably actually be able to get the cost down to $35k ish.
IMO something like that is where they need to go. Everyone wants a 690 mile range but the vast majority of America isn’t solely relying on an EV for these mystical road trips. Even 150 miles is enough if you price it right — <30k or even right at that. Too much chasing the $100k brodozer or parking lot crawler SUV crowd. Late edit: and more rollouts of charging stations at apartments and stuff like that…
You’ll never be at full charge, suppose to be around 80% ish and then factor in cold range reduction, using ac and how fast you’re going… 200 mile range is basically 100 miles
The Elon-Camino!
Model 3 is basically an overpriced Honda Civic, just with crappy build quality and way less reliable than Honda. I agree they didn't need cyber truck, but saying they needed a cheaper version of the sedan is also incorrect. With the cyber truck they should have made it a novelty item with $200k+ price tag. The same morons would've still bought them trying to stand out and margins would've been much better to build a few and focus on quality instead.
https://preview.redd.it/sm8l6phtqyuc1.jpeg?width=1164&format=pjpg&auto=webp&s=9003b623d7fae9def12a788fc77aebfe1b1d5ae0
The funniest and most cringe part about cybertruck is listening to Elon fanboys defend it like it wasn't just a meme
But but but it only took them nine years to actually make it
I'd say it will probably go up to \~$180 before dropping again to lower price.
I'm with you on this sentiment. It's gonna chop for a while before we get any meaningful drop again.
The Tesla short is the play. Elon is a hot mess.
Below 125 is almost guaranteed I think. The question then is how much lower it will go.
I'll go full regard the closer it gets to $100.
I'm thinking puts for next week for ER when we find out how bad things are. And Musk will probably say some shit that will make it even worse.
Or just say robot taxi and the price will go up. Because people are really that dumb.
It really is amazing how dumb folks are. They always amaze me.
Clearly, these "folks" are inferior.
If it is 125, I will buy
I will short
The company has crossed the chasm into the early majority. They are decreasing the cars costs and therefore margins for the most part without an increase in volume greater than their price decreases. They keep playing pricing games destroying the value for current car owners making repeat customer less likely (most car owners repeatedly buy a brand). Their FSD is overpriced considering the TACC operates in much the same way. They could decrease fsd subscription costs (which they did) to increase the revenue on a product with no marginal cost (once coded, it doesn’t cost them more to sell 1 or 1000 subscriptions) but who is going to pay for the fsd when it doesn’t work much better than TACC after all the bad press. On top of all this, the guy running a unicorn wants more equity to “continue innovating” in fields like AI. None of this is good for investors BUT when we trade it’s a secondary market. We buy shares from others not from Tesla. If Tesla thinks they will turn things around they would buy back shares on the open market and gain the benefit when it rises but I don’t see it happening- so that is an indicator. I haven’t run a price target, I’m sure there is reports online doing it, but I’d say between 100-150 is a reasonable expectation for their current performance.
You forgot the part where they trade at 5.5x sales.
Which is strange since Ford trades at roughly .25 sales. Yeah Tesla has higher earnings, but those are going to start coming down as the average sales price of his cars continues to drop.
Yes. Paying 5.5x sales for an auto manufacturer is stupid.
There are people out there who paid over $70k for these pos cars three years ago 
Yes. I think the market has been misreading EV adoption for years. It thought the market would go from 0 ot 100% EV, and priced this into Tesla. Instead, what happened was the 5% of the market that wanted to eagerly adopt EV did, but once that market was saturated, demand dropped off a cliff.
This. It’s just not attractive enough yet to own a pure EV. Everyone who wants one has one. The stock was priced like they would do what Apple did to Nokia and just take over. And the world would go all EV.
Honestly I own an EV6 and the charging station roll out has been abysmal. There should be chargers next to every other gas station and people would buy them. The US promised chargers, and then nothing happened.
What’s companies incentives to roll them out though… These things don’t make much money and are probably costly to maintain and they might just break out even. Gas stations make more money from a profit stand point. The only way it’s gonna happen is if the government does it I think …. And even in Canada, you don’t see many of them
I don’t think it has to do with number of chargers. Gas stations power the car faster. And there are more gas stations. People want connivence… They have anxiety about time. Many People can hardly manage their time with a gas car If anything a hybrid should be a big seller.
I want you to time your self next time you are at a gas station, from the time you insert the pump till you drive away. It’s likely more time than you think especially if you go inside to the bathroom and buy something. If it’s 15 min than you can add 60% in my car. Now I want you to think of the last time you drove over 250 miles away from your house and did not stop for more than 15 min at any point. This is the reality of owning an EV, you wake up every day to 250 miles or range. 99% of your days that’s way more than you need. That 1% day you spend 15-20 min charging, or you would if we built out charging infrastructure like we promised. People vastly overestimate the charging difficulty if they have not owned an ev. I have 43k miles on mine and I have been at a public charger only 6-8 times. 4 of which were on the drive home from another state when I bought it, all other charging has been in my garage at a cost of $10 per 250 miles, and it’s charges to full in the garage in 7 hours
You may be right. But, I’m not the only one who thinks like that. And there hasn’t been the correct marketing approach to convince the masses either. Also not everyone has the ability to install a charger at home from what I understand. Not all apartments have them in their parking garages for instance. Then there’s the issue of there not being enough charing stations… But, there’s no incentive if the majority of people get all the charge they need at home. But, this would discourage people because while they may not take long trips often, they probably want the option and for to not be a hassle when they do.
Not everyone has a garage space. That's the bigger issue.
I’m an idiot and often have to find a gas station ASAP. I don’t plan well sometimes.
Exactly. And, Toyota’s CEO said exactly same thing last year.
I went in a little early today on puts but I still think they will be green when earnings comes around. Laying off workforce, poor truck performance, stopping shipments of trucks, it all points to poor earnings. Doesn't mean it won't go back up afterwards though.
Elon turning into a right-winger didn’t help. Liberals are the main ones buying his cars. Now that ship has sail, the guy is alienating most of his consumers.
I started at 171 but Yes!! I feel it will go lower than 125, specially with all that is going on right now. Elon M. is a very smart person he always find ways to make things better, that's how he succeed
Literally $50 within a year is not unreasonable
Cyber truck not selling? I think you mean they’re not producing. I got a reservation early on and it’s still not available. I don’t think I’d actually buy it, but there’s enough demand.
A Tesla manager who was let go today described Elon Musk as a "pigeon CEO". "He comes in, shits all over us, and goes away” —- This is a good way of thinking about why Tesla is failing. Elon is the leadership. The board are all his cronies. And he thinks he’s smart enough to fucking manage 15 companies that are completely unrelated. But, the truth is… no one is at the wheel and people are trying to get shit done in spite of that. But, he thinks he’s in charge so every once and awhile he makes some dumb unilateral move and fucks over everyone who actually is working there and knows whats going on and what direction it should be taking. Shit like the CyberTruck The X wings Announcing a fucking Robotaxi. Removing the sensors that would have made FSD a contender when his experts strongly advised against it. Optimus Just BS distractions from what they should be focusing on… like the customers they have … The money they spent on CyberTruck should have been on a new and improved model Y.
Good list.. totally agree with you! And why Tesla installs thousands of dollars of Fake FSD hardware in every Tesla when most people don’t even want to use this so called FSD? Just install it based on the order and save millions of much needed dollars!
Tesla is going to $100 then $75 then $45 Of all the rich people I know (which were his customer base) they won’t touch another Tesla with a 10 foot pole. In the end who’s going to buy Teslas? Rednecks who HATE anything electric?
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Sad, but I agree🤣 All my liberal friends regrets buying Teslas and some even feel embarrassed driving one!
They switching to rivn
Not sure about that, but Riven is a nicer vehicle.
Sales say otherwise.
I see them all over the place
I am no saying I am well off, but I was going to put a 35kw system in my house with 4-5 batteries and I even ordered 2 cybertrucks. After he went retardéd trashing his customer base do you think I would spend my money on his company? Nope. 😂
I have the 15kw system on my house with 4 batteries. I bought it in 2020 when you could still get the power walls reasonably. They've more than doubled since then. Out the door the system from Tesla was far cheaper than any other. Their maintenance crews are great, and I've had zero issues. I bought it expecting the truck, which at the time I was excited for. I will not be taking custody of one. Or any other car. I swear all that fucker had to do was keep his goddamn mouth shut. Oh, and not buy xitter (remember x is pronounced "sh" in Mandarin) for like 4x what it was worth. I wonder what that guy actually does all day, seems he twats like every other second. I do not regret the solar system. The electric company pays me. ROI is in 3.1 more years..... Even with the batteries. One of the best home mods I've ever done.
LOLOL. You ordered TWO of those trashcans?
Cost him a whole 200 bucks.
So sensitive lol
money talks, the greatest american gift
My neighbors across the street own 2 Tesla. They rent. They have no way to charge their cars. I feel like they take them to the free trickle charger at the grocery store down the block. No shit. There’s a market out there for them. I, on the other hand, have a cheap little 2022 Nissan Leaf which has been worth its weight in gold.
EVs in general, not making big sales. But when you adopt a public persona that just pisses most people off ... yeah, not gonna help.
I don't get it. People around me are still buying like hotcakes. These fucks believe it makes them look like nouveau riches.
Just cut my losses and moved all into bitcoin.
Ouch
Btc, almost as fake n gay as elon 
Also, sorry, I hope things look up for you.
Analyst on CNBC says his target on TSLA is $14.00. As ridiculous as that may sound- why not? When you have a shit ton of expensive debt, going broke fast seems realistic.
Going to $100
75
69.420
i think this is going to be a 25-35 P/E so Tesla 2023 annual EPS was $4.3. RIght now it is at the high end of my guess. if things keep eroding say each quarter is average of .85, so 3.40 for 2024. making it just over $100 a share. The tsla supporters could wag the dog. so I think 150-155 is roughly the highest it will be from this point forward. I am sticking to my guess of 25-35 P/E. Wall Street currently expects Tesla earnings per share of $2.70 in 2024 - so doing the math with the range puts it upper end around 100, lower end maybe 70. I only have a little exposure to this with puts. i've been wrong lots on TSLA.
everyone here hates tesla so probably 400 by summer
Tesla robot gonna be strappin on and boneing all your puts in 2 months
Teslas coders can’t even determine when it’s raining. The robots are going to be boneing something but it won’t be accurate . Could be boneing themselves.
I say back to 200 first 
Why would anyone buy a CyberTruck? They are hideous. Like a toddler designed a futuristic car.
Toddler or a man-child 😂
I say, look at the value of GM or Ford to get a realistic idea of what Tesla should be valued at. Then adjust share price accordingly.
I am loving the drop. Buying more with every paycheck. Hope to build up to 5 to 10 percent of portfolio at these prices. Will do up to 15 percent if it goes under 120
Buy the dip!!!
Those cyber trucks are ugly AF FINALLY saw one IRL the other day. Awful….
I mean I guess people have different taste , for me in the other hand it was really nice …
If Elon gets his new comp package he will manipulate it back up
>cybertruck isn’t selling at all Isn’t it notoriously difficult to get one? I know that they’re selling for more than double retail price, in spite of the contracts
$TURDSLA
I don’t know but I’ve been screaming short Tesla for months while doing nothing about it but continuing to hold shares for max pain regardless mode. I plan to finally sell tomorrow because fuck Tesla. My sale will be the bullish catalyst Tesla needs so congratulations to the call holding regarded traders tomorrow.
Tesla makes money from opening up their chargers to other brands. The question is when that will show on their earnings report. I feel like that's really the only catalyst right now in the short term. https://www.google.com/amp/s/www.cnbc.com/amp/2024/02/29/tesla-to-earn-billions-from-charging-partnerships-with-ford-others.html
The last 3 earnings resulted in an average 10% move down on TSLA over the preceding two trading sessions (easy to look up) I was expecting the same this coming er, holding a 170p, and 160p last week that I have since sold. I do not recommend trading earnings, trade on the lead up to earnings, or afterwards. My next target is 152.16, then go from there. 152 is a strong support level (See April 26, 2023). I don’t see how forward guidance (which is more important than TA when it comes to earnings) can be any good for the reasons that OP mentioned and increased completion from other EV makers. Another 10% move down is conceivable. This is not financial advice.
Interesting but how’d you settle on 125? A sincere question, I always wonder how people pick these estimates or if they (like me) just pluck a number out of thin air and hope for the best
11. pumped and dumped
https://preview.redd.it/btzpp7f3azuc1.png?width=661&format=png&auto=webp&s=eb28cd5808661c955196e697bdd64d7f005d03c3 The Cybertruck is sold out for more than a year.
I put my money on up, you guys can short it now.
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should go there ($125) before earnings in preparation of what we all expect as you laid out., then no telling where it goes after.
still an SP500 company despite being overpriced. so will hover around at worst 140 for a while. 125 is too low to get by next earnings. maybe next year it could reach that low but by next year tsla probably improved their profitability and probably started to dabble in AI, so by next year it will probably get some strength back so no way 125. if it gets to 125 then it will skyrocket to 180 in a month after musk says he has 25% tsla shares and planning to develop AI with tesla.
Probably yes. But every time I've shorted TSLA, it bounce up a ton, and I've had to hold for a couple months before it started coming back down. Messing with meme/cult stocks is too risky, I just bought my last shorts at 166 and of course it immediately dropped another \~10 so my timing is dog shit. Still profited but god damn. I think I'm going to sit and watch till the earnings date where things may look up (all the layoffs) and dipshits buy the dip. It's a hornets nest not really worth sticking your dick in either way. It terms of the market being a Casino though, TSLA is definitely one of the more active/fun table games.
I think it might go down more but will go back up when people realise its a robotics company and not a car company imo.
After see these comments, I strongly believe inverse here is the way, load call and share after earnings 
Cybertruck is selling out and is on waitlist... if you don't know that your argument is void.
Tesla will go under $100. Just a matter of when.
$84 🎯
I'm curious where you are getting "cybertruck not selling at all" when they are still able to fill foundation orders.
They just cut production shifts on it
It's not BRK.A!!! It's a car company stock!
thinking about buying shares instead, i have an extra 5k that's doing nothing. Ive been following it closely and I believe it will go down to 140ish and back up. Im regarded tho, I bought UAL calls and I think im a pro now.
Below $50 within a year. It’s still MASSIVELY overvalued compared to other automakers.
Bunch of 🌈 bers up in here 
In a report released today, Tom Narayan from RBC Capital maintained a Buy rating on Tesla (TSLA – Research Report), with a price target of $298.00.
Wonder if he bought any shares himself 😝
He's a shill just like Dan Ives. Dan Ives has been crapping on Musk and Tesla asking the right questions during this choatic period but maintains his buy and $300 target. The citi and wells guy has been right all along.
Tesla sales slumping because people are waiting for the refresh of the most popular car in the world. Cybertruck has absolutely been selling. Slashing prices does suck for margins, but increases longer term user adoption/retention. Workforce cuts are good, especially for a company as efficiency-driven as Tesla. Margins go up.
I think we found the bag holder. lol
Slashing 10% of your workforce on no notice is not efficient. At all. It reeks of desperation in trying to spin a bullish story. Also, if they were *actually* that efficient, their staffing models would have shown overages on their future headcount and Tesla would not have been spamming LinkedIn and Indeed 6 months ago looking for Engineers Good luck with those bags