We’re almost at 2,000 folks.

Akgolf

Well-known member
First Name
Jimmy
Joined
May 26, 2020
Messages
121
Reaction score
233
Location
Jones, OK
Vehicles
2016 Nissan Leaf and 2016 Toyota Prius V.
Occupation
Retired Computer Programmer, USAF
Country flag
When I retired in 2016 I put a small amount of my 401K into Tesla. Couldn’t afford a used anything from Tesla With the amount I purchased. Now I could get a new S, 3, X and Y!

Still holding.
 

VI Tesla

Well-known member
First Name
David
Joined
Nov 29, 2019
Messages
176
Reaction score
301
Location
Nanaimo
Vehicles
Model 3, Cybertruck
Country flag
When I retired in 2016 I put a small amount of my 401K into Tesla. Couldn’t afford a used anything from Tesla With the amount I purchased. Now I could get a new S, 3, X and Y!

Still holding.
I wish, could only afford a couple shares when I bought in. Hopefully when my Cybertruck comes in I can still put a dent in the price though.
 

DIYDharma

Member
Joined
Apr 10, 2020
Messages
9
Reaction score
10
Location
North East USA
Vehicles
Mercedes GL450, Mercedes ML350, Lexus ES330
Country flag
A historic day, closing at $2k. And people said this was insane. Well the stock is insane and is driving itself on autopilot.

Coming up with the 5 for 1 split, each share will likely be around $400 or more come 8/31. Couple that with battery day on 9/22, the stock will likely hit 500 on or after 9/22. Given Austin GF opening, another factory in Asia, Germany pumping out watts, and more SpaceX missions, speculating 800 or so by September next year.

Disclaimer: The above is just my theory (which could be wrong). - not investment advice - I'm not a CFA.
 

Jhodgesatmb

Well-known member
First Name
Jack
Joined
Dec 1, 2019
Messages
896
Reaction score
926
Location
San Francisco Bay area
Vehicles
Lexus Rx450H Tesla Model 3
Occupation
Researcher
Country flag
When I retired in 2016 I put a small amount of my 401K into Tesla. Couldn’t afford a used anything from Tesla With the amount I purchased. Now I could get a new S, 3, X and Y!

Still holding.
Good for you! Hind sight is 20:20 isn't it? Back in 2016 I didn't have any money to put into Tesla and wasn't a fan. When I realized what I was/wasn't doing I bought a few shares, but just fingers and toes. Not the entire nest egg, but I was hoping the investment would go up enough to pay for the taxes on my CT or, if I was really lucky, the camper. I don't know where this ride is going but I don't think I am going to lose money on it.
 

MEDICALJMP

Well-known member
First Name
Jeff
Joined
Apr 28, 2020
Messages
687
Reaction score
1,148
Location
Omaha, NE
Vehicles
Toyota Avalon, Rav4, Tri-motor Cybertruck
Occupation
Nurse
Country flag
Seems a fair amount of irrational exuberance in the stock price since the announcement of the split, but I am happy to take it. Besides, I am in it for the long haul.
 

Akgolf

Well-known member
First Name
Jimmy
Joined
May 26, 2020
Messages
121
Reaction score
233
Location
Jones, OK
Vehicles
2016 Nissan Leaf and 2016 Toyota Prius V.
Occupation
Retired Computer Programmer, USAF
Country flag
Good for you! Hind sight is 20:20 isn't it? Back in 2016 I didn't have any money to put into Tesla and wasn't a fan. When I realized what I was/wasn't doing I bought a few shares, but just fingers and toes. Not the entire nest egg, but I was hoping the investment would go up enough to pay for the taxes on my CT or, if I was really lucky, the camper. I don't know where this ride is going but I don't think I am going to lose money on it.
If I hadn’t retired and able to move my 401K to an IRA, I wouldn’t have been able to get shares. Timing was lucky. The financial advisor for the IRA talked me down to investing a third of what I wanted to invest.
 

Jhodgesatmb

Well-known member
First Name
Jack
Joined
Dec 1, 2019
Messages
896
Reaction score
926
Location
San Francisco Bay area
Vehicles
Lexus Rx450H Tesla Model 3
Occupation
Researcher
Country flag
If I hadn’t retired and able to move my 401K to an IRA, I wouldn’t have been able to get shares. Timing was lucky. The financial advisor for the IRA talked me down to investing a third of what I wanted to invest.
Good advice.
 

ReddykwRun

Well-known member
Joined
Dec 8, 2019
Messages
432
Reaction score
449
Location
US
Vehicles
Tri-motor, tricked out
Seems a fair amount of irrational exuberance in the stock price since the announcement of the split, but I am happy to take it. Besides, I am in it for the long haul.
Kathy Wood over at ARK Invest feels that within 10 years 12K / share at a minimum and leaning higher. Nice.
 

ReddykwRun

Well-known member
Joined
Dec 8, 2019
Messages
432
Reaction score
449
Location
US
Vehicles
Tri-motor, tricked out
When I retired in 2016 I put a small amount of my 401K into Tesla. Couldn’t afford a used anything from Tesla With the amount I purchased. Now I could get a new S, 3, X and Y!

Still holding.
Therein lies the conundrum. If you "pick the fruit" at say $3000 / share it's never going to be able to mature to $12,000 or beyond and you regret you bailed out at a low altitude. Hang on, we ain't seen nutin yet.
 

ReddykwRun

Well-known member
Joined
Dec 8, 2019
Messages
432
Reaction score
449
Location
US
Vehicles
Tri-motor, tricked out
Seems a fair amount of irrational exuberance in the stock price since the announcement of the split, but I am happy to take it. Besides, I am in it for the long haul.
I recall seeing the writings of some financial soothsayer state that Tesla was overvalued and had felt the value should have been lower, like from $1500 down to $900 / share so I sold and the price stalled and waited for a "dip", yea right, it only fell about $50 / share, then I read about the split so I jumped back in after-hours a week later. Glad I was not napping that would have hurt.
 

Daweism

Well-known member
First Name
Dawei
Joined
Jul 5, 2020
Messages
107
Reaction score
97
Location
Austin, TX
Vehicles
2014 Ford Raptor (Supercab)
Occupation
Tech
Country flag
We talking 12k a share post the 5 for 1 split?
 

Advertisement





 


Advertisement
Top