Casual Tesla analysis

sold the 2050/2100 way too early, should have trusted daddy to pin us to 2100

bought some 2350/2400s for next week, top hasn't blown off yet

EDIT: there are threads like this pretty much every day on reddit fwiw: https://old.reddit.com/r/stocks/comm...rday_caved_in/

This is the internet dude. A thread packed full of Tesla bears and they've all made fortunes. TS the biggest winner no doubt just ask him.

When Tela is successful it's because the market is rigged and everyone is dumb but them. Move along no bias to see here.

I posted screenshots of my six figure position a while back. I could say the same for you. I bet you've made out like a bandit on your 5 shares!

i wonder how much this dude has lost ^

I'm so FOMO just watching TSLA on the sidelines the entire time. Was almost tempted to jump in and buy a couple 2050 Sep 4 today, but decided I've missed the boat and just accept it.

That said pretty sure TSLA to $2500 next week.

Diamond hands!!!! My 2100/2150 spread expired worthless. I was so close to closing it too when it hit 2095

Possible but doubtful. We will prolly consolidate or drift down here for a bit. The fomo of the stock split is done. I think selling an iron condor is the play here


Sold 2 2400/2450 credit call spreads for 2.8 aug 28 Gonna try and leg into an iron condor

I was actually the only one saying it was going up. I think it's over valued now at 1000x earnings

If Tesla can sell 5m cars per year (total new cars sold in 2019 USA) for 50k at a 5% profit, they would have around 12 billion in profit. That should make them worth over their current market cap correct?

they would need a profit of 12 billion the stock would be fairly valued.

They would need to sell 170 billion top line imo. They aren't any where near that, and probably won't be for another 5 years. Stock is over valued. Also competition will eventually heat up, once people steal their tech.

Everything has to go absolutely perfect for this company for this stock to keep going up. Slam dunk battery day - level 5 automation - scalability. Stock has priced in over 7 years of growth. This stock is probably sell off to the 21 - 50 ema. If you wanted to buy, i'd wait for that. I'm buying on the split to sell shortly after.

https://auto.hindustantimes.com/auto...414005829.html

seeing some completely 100% earnest bull takes justifying share price/elon's stock compensation because he needs the money to get us to mars

Call options bro. Let's say best scenario tsla doubles to 3500. Wow, congrats, you made a whopping $1750 on the absolute best case scenario.

what is downside risk lol???

Shhhh no downside, just printing stax.

Literal real time posted trades 10 bagged. So you don't need to "ask me" at all.

Tesla isn't successful. Their business is still doing terribly.

The stock price however is a giant retail-fueled bubbled like shitcoins were in 2017 ($350 billion -> near zero) or pot stocks were in 2018 ($100 billion -> near zero), even like big cap tech is right now (individual stocks like Apple added a trillion each since corona with no meaningful improvement in fundamentals)

It's not "rigged", it's the exact opposite: it's an ocean of retail morons chasing each other higher. Happened in 2000 and it's happening again. Institutions who have to file 13Fs net sold Apple, FB, Amazon etc in Q2 while they soared 100% off lows. Giant retail bubble= the most visible crap/cult stock inflates. Usually the crappier the better (see: every bubble ever).

Getting long a massive fraud with an ultra high beta (Tesla is 3-10x the market) can be really profitable if you get lucky on the timing and the market helps you out - whether it's penny stocks or Tesla. Enjoy the price but don't believe your own bullshit. It's all paper until you sell.

I'm looking into these options

Incoming 2300.

Wtf

lol I think 10-15 pages back I made a joke about tsla hitting a trillion market cap...well now who's joking?

It's Friday Boyz, do you know what that means?? 0dte strangles on Tesla!!!!

seems a little optimistic

Monday is the split.

Will there be blood? It has had two big days pre market back to back but lost steam as the day went on

Very over extended on the 8h and 1D chart. RSI above 80 can't hold.


The monthly chart is where it gets interesting.



If you compare this to BTC back in 2017 you will find something eerily similar. A 90 RSI on the monthly chart cannot hold. This is a prime short if you can stomach the variance. I shorted it 2 times selling 15 delta calls - this week and last week and it was 2 nights of restless sleep on Thursday. Luckily I profited both weeks with 100% profit, but it just wasn't worth the few grand I picked up. My position was also down over 100% at one point but I held strong because I trusted the fundamentals and maybe got lucky?




I don't think TSLA pulls a BTC and crashes 80% but I do think a 10-20% correction will come. I will start a position as soon as it retraces the 21 EMA and add more shares if it drops to the 50 and will be looking at some vertical credit put spreads as well.

I'm actually kinda surprised at the split. I would've thought Elon would take the Buffet approach and keep that juicy price sky high as a prestige type of thing. But hey, I guess when you're trying to appeal to avg robinhood user you want the price to be accessible.

Do you think Amazon will split? I could see that being sky high