/biz/ - Business & Finance

[Anonymous No.30405847]

Now that Elon has destroyed Tesla's stock by buying Chinkcoin, where is the bottom?
Burry was predicting a 90% crash.

[Anonymous No.30405958]

Absolute MINIMUM- my guess would be 2-300. Realistically I don't see it going below 400.

[Anonymous No.30406027]

>>30405847
He's being taught a lesson by the big players

[Anonymous No.30406105]

>>30405958
The PER is insanely high. If it doesn't bottom lower than $400 the bubble never resets imo.

Fundamentally what justifies the price of Tesla? it's just a car manufacturing company. Sure they have an hedge in the amount of recharging points but that's about it, the rest as far as I can see Elon's marketing at work. And perhaps meme cars like Cybertruck make people hyped.

[Anonymous No.30406291]

>>30405847
What happens to tesla's bitcoin if tesla goes bankrupt? Do they have to liquidate it?

[Anonymous No.30406342]

>down 4%

[Anonymous No.30406377]

>>30406291

if tesla runs out of cash they will obviously liquidate the bitcoins to keep operations running

or they will just dilute with more stock again

[Anonymous No.30406461]

>>30406105
in favour of tesla is at least their ability to scale with electronic cars. their battery building and mines, they have infrastructure that other car companies do not have and will take years to compete with.

[Anonymous No.30406646]

>>30406461
The problem with this is that it's valued as if it still has that advantage years from now too. There's nothing preventing other car companies from closing that gap in the time that it takes Tesla to realize its valuation.

The price is based on the assumption that Tesla will continue innovating above and beyond other car manufacturers-- however, they only have the lead they have right now due to being the first one to focus on the new paradigm. It's not like Elon has Tesla-exclusive super engineers locked up in his basement.

[Anonymous No.30406676]

>>30406342
its down 33% from the high of 900 a couple weeks ago

>>30406105
>ITS NOT A CAR COMPANY ITS A TECH COMPANY REEEEEEE

>>30406461
their complete market domination is priced in but it will never actually happen. too many competitors are stepping up to take a piece of the pie. Obviously every single established auto company is transitioning to offer some EVs, and then you have an avalanche of startups trying to be the next tesla. fisker, rivian, workhorse, nio, etc etc etc (they are all extremely overvalued, dont invest, EV is a huge bubble)

[Anonymous No.30406903]

Is it still time to short Tesla?

[Anonymous No.30406964]

>>30406903
it fell pretty hard last week

honestly you should go long on monday
I am betting it goes back to 650 by end of day

and then

sub 600 again by friday

[Anonymous No.30407008]

>>30405847
>Burry was predicting a 90% crash.
link?

[Anonymous No.30407029]

>>30406027
He's actually teaching them a lesson.

[Anonymous No.30407212]

>>30405847
Elon still wants to go private with $420 valuation.
Fuck short sellers.

[Anonymous No.30407295]

>>30407212
>tfw you realize he said that before the 4:1 split so really he meant at $105 stock price in the current conditions

Fuck tesla cultists

[Anonymous No.30407300]

>>30406105
Tesla's tech is still years ahead of the competition.

[Anonymous No.30407384]

>>30405847
Hope so then they'd be a great buy based on the underlying company.

[Anonymous No.30407391]

>>30405847
>Burry was predicting a 90% crash.
This will be one of the few times he's wrong. But it won't matter to him. He won't ever be poor.

[Anonymous No.30407478]

>>30406105
They have all the data and driving algo that no other have. It's still more hype than anything else but they've already succeeded as becoming a "lifestyle" company like Apple.

[Anonymous No.30407498]

>>30406646
look at lucid air they have far better engine tech and lots of ex tesla employees

[Anonymous No.30407553]

>>30407300
It really isn't. Have you sat in one of their cars? Feels like something a guy in the 1980s thought people in the year 2000 would be driving.
My civic feels more advanced. Model S is a fucking joke at its price point and the rest are glorified ipads wrapped in substandard interiors.

[Anonymous No.30407707]

>>30406105
Do u know how per works? With TSLA barely making profits it's irrelevant

[Anonymous No.30408511]

>>30407300
They're still decades behind competition as far as car manufacturing goes.
>but muh software
10 years that could be a middleware solution. BMW produces cars, some other software only company produces AI for those cars, a third company produces batteries. There really is no reason for all of this to be one company, those are very different businesses.

[Anonymous No.30408765]

>>30406676
It has to go to $100 if Burry is right

[Anonymous No.30408869]

>>30405847
How do I short a stock?

I’ve been in crypto for years and have no idea how stonks work. Never did a derivative or any trade because I see them as risky but 100x leveraged short of Tesla seems smart for Monday.

[Anonymous No.30408950]

>>30405847
imai look good. break 450 will be bad. 1h train 4h train now not comfirm up. down 180 max.

[Anonymous No.30409408]

>>30407008
yes link

[Anonymous No.30409746]

You know this shit is going to $9k, right anon? If the stock market actually gave a fuck about p/e, Tesla would have 1/1000 it’s current market cap.

The fact that half of the conversations about anything market related name drops either Tesla or Wood means the hype is there. Hype = volume. Volume = $$$. Just look at those gme apes.

[Anonymous No.30409942]

>>30406027
idiot
he is the government who is the catholic church
who is the jew

[Anonymous No.30410424]

>>30408869
Im too paranoid to do shorts or longs. I've heard you can go negative and owe money to the exchange.

[Anonymous No.30410469]

>>30409746
Whats the total amount of Tesla shares? do they print new shares at a particular rate?

[Anonymous No.30410484]

>>30405847
>added to the SP500 at 695
thanks for nothing

[Anonymous No.30410529]

>>30406461
probably have worse infrastructure than VW, GM, toyota

[Anonymous No.30410577]

>>30409746
gme is a tiny company lol

[Anonymous No.30410610]

>>30408765
god I hope so
there's going to be a bailout 100% now that it's in the big ETFs and that's just easy money

[Anonymous No.30410886]

>>30407300
Imagine being this delusional retard.

[Anonymous No.30410920]

>>30408869
Tesla is way too volatile for that and you don't have the capital or experience to hold a short with that much leverage.

[Anonymous No.30410968]

Every EV company is down retard. EV bubble has popped

[Anonymous No.30411206]

>>30410968
That's not an argument in terms of the special Tesla bubble mongo.

>>30407300
In which way? what I've read is Tesla has many rechardging points, but tech wise what does it do specially? Other than making cars cheaper.

[Anonymous No.30411330]

>>30406461
t. ford

[Anonymous No.30411422]

>>30409746
go back

[Anonymous No.30411475]

>>30405847
I sold TSLA this week around $550 and I feel like a total loser for doing so. It always goes back up.

I bought TSLA ~$800 prior to the split so I made a nice profit, but still. Feels bad man

[Anonymous No.30411600]

>>30411475
How high do you think it can go?

With Chinkcoin retards buy into the whole "theres only 21 million coins" cultish narrative

What is Tesla's sales pitch to sell buyers a promise of price rise?

What we have now is a bubble, and it doesn't help the company has linked itself to shitcoins

[Anonymous No.30411674]

>>30405847

[Anonymous No.30411979]

>>30411600
>What is Tesla's sales pitch to sell buyers a promise of price rise?

Growing company. Buying TSLA might be a meme but buying a Tesla isn't a meme - people want their cars and are willing to pay a premium for the brand. I don't know. TSLA stock always finds a way and I shouldn't have panic sold.