Forums

Join The Community
RegisterLogin

An easy way to pay for your new Tesla... buy stock

The stock dropped yesterday for no apparent reason. Now is the time to buy.
There is an inordinate number of people 'shorting' the stock* and when Tesla announces deliveries and production numbers the stock will jump. This will cause what is called a 'short-squeeze' and the stock will rise further. Then we'll get the subliminal celebrity-actual-daily-driver endorsements (like the Prius did).
I think we will easily break $40-42 (up $7) by end of January, $46-50 range by summer and once Model X starts getting reviews the sky's the limit.
I plan to buy enough stock to allow me to pay for the car in full within the first year of owning the vehicle. Now that's what I call car of the year!

* Clearly they haven't actually driven the car...

Nothing is easy. But if you are patient, and have a longer term horizon, it should work out.

If the President gets his proposed increase in the capital gains tax, it may take a little longer.

same strategy here - but a longer term view.

Same here too.

Elections have consequences. This means all of our taxes are going up. So factor this into the equation. As mentioned, short-term cap gains and dividends are going to get hammered. Payroll tax increase as well. The regime is now eying ways to tax our 401ks. Best bet is to get the low rate loan at PenFed and find ways to survive these upcoming tax increases.

My fear is that the dems will force Tesla to hire Union workers. Then I would dump the stock asap.

@Gator I don't think your fears are supported by the facts (unless your a FOX news viewer). I think Tesla is a good bet in the long run & I am invested. The stock will, however, be a bumpy ride. I anticipate the short squeeze will be followed by profit taking. I also supect there will be some quality control issues to fix after the 2012 delivery push is over.

Kevin, could you tell us what the quality control issues are? I believe , and that is only by reading this forum, that Tesla has done a superb job of quality control. Only issues reported appear to be minor and fixed immediately.

Mel- I don't have any insight into quality control issues (other than the same forum we both read). This is new technology with a rapid ramp up in production (I get my car in about 10 days). Minor stuff caught & corrected at a lower production rate improves the car. I consider myself a beta tester, but not all of us see it that way. I have no worries about Tesla & the customer service. I do think in January you will see an accumulation of small issues that Tesla fixes post-delivery. The benefit of the ramped up production and delivery will likely have a PR cost in a bunch of articles on small issues in the investor articles. Long term very good. Next year or so bumpy in my opinion.

I'm both a shareholder and a reservation holder of MS. I've invested approx. one MS equivalent into Tesla stocks, and so far my "savings" on the car is around 15% : )

I'm planning to continue to hold Tesla stocks after I take delivery of my MS.

Just test drove the MS yesterday (a PS85), there is nothing quite like it, it's AWESOME driving around in almost complete silence with the accleration of a M5 / E63 and in a car which weights as much as a RR! And the interior fit and finishing is excellent (certainly on par with BMW and Mercedes in the same category) and zen-like. I'm gladlly funding the development of MS and MX.

Go TSLA!!!

P.S. to the Tesla marketing folks reading this email, my X'mas wish is to get my P85 RHD very much sooner than later, and please please re-consider having electrical folding rear-view mirrors and front parking sensors on MS!

@Dave_2013 +1 on the sensors and mirrors! Also rear sensors - even easier to fit.

OK a how to do it guide titled: Easy Way to TESLA Wealth

1) Reserve a TESLA Model S

2) Withdraw $100,000 to pay cash for it. (of course you want a loaded 85 kWh performance!)

3) Finance the car for 1.49 to 1.99%.

4) Invest the $100,000 in TESLA stock.

5) When stock doubles, sell the stock & pay off the car loan.

Heck, Tesla is doing so well, why sell now, wait a while, maybe you can afford a second one for the wife!

PS to pay for the first Model S you need a 100% gain. To pay for the second Model S (or Model X) you only need an additional 50 % gain.

P.S.

I forgot to add, this is like a chain letter. The more people who you can convince to buy a Model S, or Tesla stock, the faster the early investors can double their money!

Given TSLA's future product pipeline, I heard a BMW 3-series competitor and a supercar are on the drawingboard beyond 2015, I was hoping to get X times of my initial investment. So don't sell TSLA too soon... they may turn out to be a pleasant surprise for your children (both the MS and the sotcks)!

@KevinR Here is the factual basis of my union comment. http://www.reuters.com/article/2010/05/21/toyota-uaw-idUSN2113644620100521 I post facts to keep others aware that may own the stock.

Personally, I think investing heavily in a single stock is very risky, particularly an upstart trying to disrupt an industry. So, you might well make massive returns by putting everything in Tesla stock, but you might also wind up with massive losses.

jat, that's true of course, and it's good that you make it explicit. On the other hand, in case Tesla becomes a complete loss, you won't want to buy the car either, so you don't need the money, anyway...! ;-)

VB. That's been my attitude. I put enough money into TSLA to have purchased the base model before tax credits. I want the 85kW-h version with quite a few options.

That article on union workers is from May. The UAW said "Our union's hope is that this venture will give first hiring preference to former NUMMI employees who are already trained and highly skilled,"

I don't see anywhere in the article mentioning Democrats forcing anything.

I own the stock and have a reservation for a MS. I'm nervous about it because it a fairly expensive stock, but ultimately bought it anyways after learning about the short interest. I believe the company will succeed and begin turning profits, expand their product portfolio and ultimately become either a major car maker, or be bought by one for a premium. I could also see them selling the skateboard platform to other car makers extensively.

One other thing. I'm don't gamble, but this reminds me of my friends who say they never bet on games where their favorite team is playing. They say the emotion blinds them to facts. This could be a similar scenario.

@gator, @fluxemag Look again, that article is not from May, it is from May of 2010. Ancient history.

@fluxemag- Maybe we can get Nate Silver to advise us? He does well with baseball & elections...

Which is my way of agreeing with you....I have more than money invested in Tesla.

Ghillair, what are you inferring? Do you have info that unions do not want to control Tesla?

@mel No I am not inferring that. Unions would loved to get into any employer they possible can. I was simple pointing out that the original post sighting union activity sited an article that was published 30 months ago when Tesla first bought the NUMMI facility.

Gator, that article was 2-1/2 years old.

When Toyota and GM formed their joint venture NUMMI in that same plant back in 1984, they hired many of the the same union workers back from when GM closed it in 82. With the new sense of empowerment from the Toyota manufacturing proces, NUMMI went from a very bad GM plant to a very very productive precision operation (with the same union workers).

So it wasn't the presence of a union that produced crappy quality.

Besides, no one forces a union down anyone's throat. If the workers at a plant want to form a union, they can. They democraticaly elect their leaders. If the workers no longer feel they want or need a union, they can democraticaly vote to disolve it. It's the only democraticly run orginization that exists in modern business.

Why do you want to strip workers of their rights to organize?

Ghikliar, I did not think that tesla had a union problem yet, but if that changes?

Dstiavnicky,

I purchased Tesla stock about 11 months ago. Traded in and out a few times when the timing seemed good, and to date am up 50%. Tomorrow, I might be up to 55%. Or down to 30%.

Get some if you like. But realize you're playing a game not unlike poker, but your opponents are computers that are making decisions much faster than you can react, off of data that's much better and more timley than you can access. Can you win? Yeah. Can you loose? Whoh yeah... Big time. So be careful out there, trade with your head, and don't take stock tips and advice casualy, and that goes for what I'm saying now.

But if you want to make a small fortune, here's how. Start with a large fortune, and become a novice day trader.

Good luck. Be safe.

I too am planning to pay off my car within a year from the stock. I also got in and out and in again, problem is that cost me $3.00 a share in profit. No more jumping in and out. I'm in and way ahead and am willing to wait it out.

+1 @jbunn

Lgagliardi, yep ah been there. Ah well.

For Dstiavnicky, or just general advice I was told or learned a few things that seem to make sense. Everyone should ignore these.

Every dollar you make comes at the expense of someone that just lost one. That's the trading part. So remember there is no such thing as a free lunch. Your profit is someone's loss. Remember that on a bad day. Karma's not just a car.

You can't time the market. Well, OK, at the end of the day, you can time it, but it's way to late for that.

It's all about learning the market tricks. And no matter how many you know, the market always knows one you don't.

The market is ALWAYS right. Doesn't matter if panic set in and noobs paid 1,000 a share for facebook. That's what the market did. We may not like it, it may have been stupid, but that's what happened. Always right.

Don't get sweaty palms. If you ever start to think with the right trade you can get it all back, quit. Doesn't hurt to have balls of steel (or ovaries), but when it stops being cerebal, quit.

Stock is not voting. It's not a charity. We don't have favorites or causes. It's about the market. Period.

You don't have to win on every trade. In fact, you cannot ever completley win on any trade. You could have always bought in a bit cheaper, sold a bit higher, and tomorrow all the numbers will change. Today's dumb trade might be tomorrow's smart move. Or you might double down on the dumb. Who can say. Soooo... Don't worry about being right everytime. Be right say 3 our of 5, or 4 out of 5. Place your trades so your risked money is smaller than your gains. Long term you will profit.

Don't get greedy. Pigs get slaughterd (Jim Cramer I think on this one).

I can't remember if there are more, but like I said, I'd ignore any advice you get.

Here's a Star Wars stock rule for ya:
Never gamble what you're not prepared to loose.

Swiped from Roa's smuggling rules, but it's a good rule to use.

I bought into Tesla as a hedge against them becoming the next Ford Motor company, or one of the Big 4. I used some surplus cash, so if the unthinkable happens and Tesla doesn't make it, I'm not gonna loose my shirt on it.


X Deutschland Site Besuchen