They really don't know how? Or they would really rather not miss out on those additional profit sources? A not insignificant fraction of new car buyers do pay cash. The salescreatures have no excuse for not knowing how to handle it. They just have a lot of financial incentive to discourage it.
A message received today "Available for immediate delivery, select your new Model 3 or Model Y in a variety of colors and configurations. Get a free quote to trade-in any used vehicle and apply credit to your purchase." The end of the quarter push is upon us.
Can Tesla (TSLA) Stock Drive To $3,000? | Nasdaq- 2025 prediction Why Tesla stock could be worth $1,300, according to one analyst | Fortune - 2021 prediction It is a shame many of these analyst never have to answer to the gullible people they may influence
My (hopefully unbiased and no blinders) unprofessional opinion on owning stock and trading..... There are 3 reasons to buy/own a stock : Dividend income. There are many out there that pay 9-12% dividends a year. You truly believe the company, as represented by the current stock price/market cap, is under valued. Therefore, you expect stock price appreciation. Momentum, you believe there is someone out there that will buy at a higher price later today or tomorrow than you paid for it today. If #1 doesn't hold true for a company, because it has no dividends, then #2 or 3 better be in play. If #1 doesn't hold true and #2 doesn't make sense, then there is no reason to own the stock unless #3 is in play. It's a losing proposition. #2 is typically pretty easily determined. #3, momentum, only lasts so long before gravity returns the situation to earth, and a lot of people learn the hard way.
#4: A rising tide lifts all boats. Well, most boats. Diverse baskets are much safer than single boats, so the occasional sinkers don't cause loss of the entire cargo basket. Some claim no distinction between #3 and #4, but over the generations of stock markets, the overall tide was risen enormously with both population and economic growth. Gravity has never returned it to the original starting or even previous generation levels. A good portion of that "rising tide" is just the "sinking shore" mentioned below. But ignoring this currency devaluation is financially hazardous. If instead of floating on the boat, one stays roped to the piers on shore, there is a big risk of getting dragged underwater:
Morally, this is fine, and can easily fall under #2 if you really believe in the company. Financially, ......................maybe, not so much. There's plenty of companies out there that I agree with what they're doing, have mission statements from the land of unicorns, but are pissing away money left and right. For me, that doesn't make them a wise investment.. I have better things to do than throw my money away. If I had unlimited funds and wasn't worried about the well being of my family, etc, then that could be another story.
They were saying that 100 years ago during the "Roaring 20's".......AFTER a worldwide dampanic.....and just before....................
the thing about musk is that he thinks differently. there are always articles about 'he can't do this or that' 'he's crazy', 'he tweets too much, and gets in trouble'. but through it all, he keeps succeeding. the stock may or may not be overpriced according to old fashioned formulas, but most stocks are these days. that's why i'm in dividend stocks with solid companies that provide required services and goods. but even someof those took a hit through the pandemic, whilst more volitile companies skyrocketed. i inherited exxon at $80. dropped to 40 and is currently at $63. i'm hoping it crawls back close to 80 so i can sell. not a company i'm interested in supporting. of course, after i sell, they will get more and more into alternative power, and i will regret it.
The best part of that video was when he stopped satirically hyping Tesla stocks and started actually hyping medical quackery that sponsored his video! It was wonderfully ironic!
My expectation is: local minimum price June 23-25 as accumulated FUD reaches a local peak local price jump June 30-July 2 as Q2 2021 are released wild card: release Full Self Driving before June 30 and book income Given past practice, I'm thinking about making a margin buy. Bob Wilson
None of these reasons, 1-5 are typically the sole reason. #5 is not for me either. Tesla, IMO, is a disruptive company. I recognize that possibility, and got in on the ground floor. I also support their mission statement and have seen strong evidence that it isn't simply lip service. While I am a strong believer in dividends, but I don't limit myself to only buying dividend stocks if a great opportunity comes along. Tesla's mission statement is very straight forward, it is to accelerate the world's transition to electric cars.
