Buying a bit more this morning with this dip. Market seems to not understand the future of mobility and what Tesla is doing. Their ride hailing fleet revenue could dwarf their vehicle sales revenue within 3-5 years. Sounds like people were universally impressed that took the full self driving demo yesterday.
Looks like if you wait untill tomorrow you might save 10-20$ a share, but then of course if you wait another day or two you might save another 10-20$. Quarter one earnings after the cliff sales fell off during quarter one might not help.
Are you putting your money where your mouth is or are you just spouting into the void because you can?
What I'm not doing is encouraging anyone to get involved in this stock. Current and historical p/e ratio for Tesla (TSLA) from 2009 to 2018. The price to earnings ratio is calculated by taking the latest closing price and dividing it by the most recent earnings per share (EPS) number. The PE ratio is a simple way to assess whether a stock is over or under valued and is the most widely used valuation measure. Tesla PE ratio as of April 22, 2019 is 0.00. While Toyota is... Current and historical p/e ratio for Toyota (TM) from 2006 to 2018. The price to earnings ratio is calculated by taking the latest closing price and dividing it by the most recent earnings per share (EPS) number. The PE ratio is a simple way to assess whether a stock is over or under valued and is the most widely used valuation measure. Toyota PE ratio as of April 22, 2019 is 10.62. Tesla's beta is .05 Toyota's beta is .71 I'm just suggesting that you might save 40$ per share by waiting four days. I'm short 1000 at 375$ And another 1000 at 350$, but what's money?
Thank you for disclosing your short position. While I obviously disagree with your thoughts I do at least admire you putting your money where your mouth is. And I also admire that you aren't doing anything unethical like some of the other shorts in recent news. As a short, what are your thoughts on the future of their ride hailing network?
Did not the SEC take Musk to task for that? Shouldn't those shorting a stock face the same consequences for making such statements to influence prices?
..... says the voice of one who'd apparently rather invest in Mitsubishi back in 1941 .... who needs USA technology anyway - skreu consequences - as long as the bottom line pencils out .
Source: Factbox: T. Rowe Price sheds most of its Tesla stake - Reuters (Reuters) - T. Rowe Price, once the second-largest investor in Tesla Inc after Chief Executive Officer Elon Musk, has shed most of its stake in the electric carmaker in a series of transactions over the last two quarters. Funds managed by T. Rowe Price Group Inc owned a 10.12 percent stake in Tesla as of September. It sold roughly half of that stake in the quarter ended December and 92 percent of its remaining stake in the following quarter. . . . T. Rowe, which managed more than $1 trillion in assets, started investing in Tesla in 2015 and the electric carmaker said in 2016 it was among its top five investors. It appears T Rowe Price achieved about $100/share profit over ~1.5 years. Bob Wilson
In addition to volatility, I suspect they had a 'come to Jesus' with Elon explaining they are not allowed to hold stock in private companies. Bob Wilson
