Making cars is just a hobby to him.

Up 8% today!! About 5% of all my stock in in Tesla (through funds) and it just seems to go up and up. It has to crash soon. I’m hedged with other blue chip stuff and am in for the ling run so will ride it out but it seems astonishing that it has doubled in value in the last 6 months

    I can’t see it crashing unless something crazy happens - people have been saying it’s gonna crash for years and it’s not happened - Especially now the democrats (who are very pro EV are in) - It’s gonna hit $1000 per share soon I reckon. It’ll slow down eventually but it’s not gonna crash.

    Really good of Elon to pay me loads of money while he’s at his Mars colonisation mission imo.

    • Amps replied to this.

      Plus there was a stock split a few months back. Crazy market cap.

      Must say there is an awful lot of Model 3s on the road around here and this is sleepy wiltshire.

        Hursty It’s a status item at the moment. But it’ll become widespread when production ramps up properly which is what a lot of these investors are banking on. Same as the iPhone used to be when it first came out.

        Ironically, depending on what they come out with, with Project Titan (Apples EV self driving project), Apple may upset things for Tesla but I think they are too far ahead of the pack now.

            Wally
            It’ll gain better traction when build quality is up. Think there’s a facility being built in Germany.

            Agree with you ref the market proposition - right now they’re emperor’s new clothes, any easy sell to hipsters and the deluded who by chalk painted tat from ‘makers markets’.

                Is it too late for me to ‘lump on’ ref Tesla?

                  The move to EV is marching ahead at pace and Tesla is years ahead, but companies like Nio in China are also on the march and that’s where I’m hedging. Also, EVs need an infrastructure, so charging companies and mining companies are also worth a look.

                  Smallman1 nope. Just open a 212 account. And you can buy fractional shares.

                      Bitcoin is closing in on Tesla as we speak! Only a few million to go.

                      Good start to the day another 4%. I’m for selling at $950 throw it on Boeing then predictions are good possibly from March onwards.