I haven't followed this stock much in the last year but I noticed that it's nearly worth as much as FB and could soon be closing in on a trillion dollar market before you know it. Is this stock fairly priced? It seems like something might be a bit awry here, but I can't put my finger on exactly what it is.

Actually, I know this stock is doomed to fall because I heard a poker player talk about what a genius he is for buying this stock 8 weeks ago and now he has 30% of his portfolio in it.

Yes, yes I do. In my bubble, at least every other family has a Porsche. There's even a few Teslas. Not sure I've ever seen a VW in real life.

Richer than Putin?

100% chance of 20 million vehicles in 10 years makes them worth as much as Ford + GM together, which is about 8% of the current market cap, or a stock price of $70. Plus substantial discounting for the 10 years to get there.

random 3k upvoted post with a few awards on /dataisbeautiful about Tesla
People just really believe the lies ¯\_(ツ)_/¯

Elon richest person in the world

We did it!!!

Never gives to charity, moved out of cali to avoid paying taxes, networth greater than cumulative tsla revenue generated... but he needs it because he'll use it to get us to mars

1 month away from bankruptcy to zero cracks in the armor.

Amazing.

Yeah. "Fully self driving feature complete by the end of 2019" and "one million robotaxis earning $10 billion in profit for Tesla in 2020" and "Tesla cars will appreciate and be worth $100K to $200K each in 2020" was the greatest fraud of our generation. If you're going to lie, lie big.

That and probably selling national security secrets to China for endless Chinese money and favors did the trick.

The bubble market for pure crap helped a lot too. NIO is up 1100% to $76 billion for example, or equal to Ford + GM or 2x old Tesla.

In bit of trivia, "Pedo Guy"'s lawyer is on Twitter calling Chief Justice Roberts a pedo guy. Weird world.

If he can keep finding ways to invest capital raises it will probably catch up to the market cap. But no way I would put serious money into it that I couldn't afford to lose. I like F Ford a lot here tbh.

Hard to imagine Lin Wood not being clinically insane, i mean he has totally gone off the deep end

Holding him to the robotaxi call for 2020 is a bit rough, given COVID.

Give him until end of 2021.

I want to short Tesla hard, but the puts are so f-ing expensive and the market can stay irrational longer than blah blah blah

5th highest P/E

I have never shorted it, but thought about it multiple times. If I had I would be rekt right now. The higher it go's the more obvious the bubble is. The chart looks like it might go parabolo hardcore right now, I'm guessing this is the last weeks or days before it sinks like the titanic.

God help me I think I need to short.

Like we have never heard bears say this at every price point in the past. And the strange thing is that all the bears who shorted the stock are up a lot by timing the market. Well played bears, really impressive that your day trading skillz beat the hodlers in bull market. .

is there a price, any price, where you would say this looks like a bubble and not based on fundamentals at all? if so, what is it?

just embrace it and don't be the last guy dancing when the music stops.

What did I do to you to make you so mad?

was also looking at puts, don't see how money can be made, at least with calls it's more likely to have a string of 2-5% days. Tesla just doesn't really dip for more than a day or two.

who's buying? is it funds? algos? retail? i have no idea

most smart people i heard talk think it's a perpetuum mobile of retail (call) buying, option-market-maker hedging and index buying.

Wife just told me she made an appointment to test drive a Taycan next week. Will report back.

Wife just told me she wants me to start buying Tesla shares, start trading Tesla options. Will report back.

"Tien, it went up 6% today!"

I don't see any reason why Tesla wouldn't just keep printing stock offerings. They could accumulate 500 billion in cash before the bubble pops, at this rate

I bought some Tesla puts a few days ago. So far I'm down a little bit, but loving the fact the puts are up today when the stock is up 6% today.

a few days ago stock price was $100 lower lol

maybe they just keep doing 5b offerings at a time until elon has decided enough is enough, makes some grand speech about we did it and mars and stuff, then does like a 100b offering and that's that

So like it works like this? Ppl buy a zillion calls, MMs buy shares to hedge, price goes up, repeat. It only ends when ppl stop buying calls? What if that's never

And bears say **** like "feels like 1999" which yeah maybe but like right now there are so many people just casually buying options which im sure wasn't the case in 1999

Calls are f-ing expensive too. Options are expensive period because there is so much uncertainty and the volatility is priced in. You might get lucky to make money on one or the other, but it's high risk for low reward imo. Even selling options seems dumb on TSLA. It could double next month or drop 50%. I think there is little doubt it is a bubble though. EMH guys claiming this is an accurately priced stock are lol. Most of the market is in a bubble, and tech meme stocks are the main source of gas.

I’m not mad, it’s just a sad study of human nature seeing all bears here fail to take in new information and instead doing some serious mental gymnastics to rationalize their original thesis and keep pointing out cracks everywhere to justify this thesis. Like I said a few years ago, Tesla could go to $1T and bears will still claim that they were right and Tesla is a bubble. Which will probably happen any day now.

Tesla will never make a profit, Tesla will go bankrupt anyway now, Tesla has zero moats, Tesla has no technological advantages, Tesla is dead in the race for FSD, Tesla is cooking the books, Tesla demand is dead, the competition is coming anyday now, if the serious automakers wanted they could enter the market and crush Tesla etc etc. Have you heard anyone in this thread admitting that they were wrong on these statements?