Domain: tiger-web1.srvr.media3.us TSLA books tomorrow for split. Anybody buying? | Money Talk
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TSLA books tomorrow for split. Anybody buying?

Posted on 8/16/22 at 10:13 am
Posted by DiamondDog
Louisiana
Member since Nov 2019
12985 posts
Posted on 8/16/22 at 10:13 am
I think the current price point is a little steep but I suppose its a buy if you believe in its long term growth.

Seems most have it at a HOLD. Kind of hard to pass on the split if you think it'll return to current value in 3/4 years.

I bought 20 for the ride earlier. Not real confident in the position though.

Tough call.
Posted by Hermit Crab
Under the Sea
Member since Nov 2008
7413 posts
Posted on 8/16/22 at 10:16 am to
quote:

Kind of hard to pass on the split if you think it'll return to current value in 3/4 years.


Posted by DiamondDog
Louisiana
Member since Nov 2019
12985 posts
Posted on 8/16/22 at 10:19 am to
Well am I wrong? Kind of the point of soliciting feedback
Posted by UpstairsComputer
Prairieville
Member since Jan 2017
1807 posts
Posted on 8/16/22 at 10:32 am to
quote:

Well am I wrong?


Yes. The split literally has nothing to do with it's value or growth prospects.
Posted by slackster
Houston
Member since Mar 2009
91491 posts
Posted on 8/16/22 at 11:17 am to
quote:

Seems most have it at a HOLD. Kind of hard to pass on the split if you think it'll return to current value in 3/4 years.


Do we think Tesla is going to go from a trillion dollar company now to a 3 trillion dollar company in 3-4 years? That’s what you’re saying, by the way.
Posted by FLObserver
Jacksonville
Member since Nov 2005
15950 posts
Posted on 8/16/22 at 11:25 am to
Already bought a few months back.
Posted by Diseasefreeforall
Member since Oct 2012
7294 posts
Posted on 8/16/22 at 11:28 am to
quote:

Do we think Tesla is going to go from a trillion dollar company now to a 3 trillion dollar company in 3-4 years? That’s what you’re saying, by the way.


It could if Tesla hits 4 million cars sold and the current 15 p/s multiple holds up. At some point all the Tesla multiples will come down but they're reflections of investor sentiment, which could still be roaring in 3-4 years. I wouldn't bet on it but it's definitely possible.
Posted by Hermit Crab
Under the Sea
Member since Nov 2008
7413 posts
Posted on 8/16/22 at 1:25 pm to
quote:

It could if Tesla hits 4 million cars sold and the current 15 p/s multiple holds u


That would be quadrupling their output in 3-4 years based on sales numbers I googled. That’s pretty tough to do.
Posted by DiamondDog
Louisiana
Member since Nov 2019
12985 posts
Posted on 8/16/22 at 1:30 pm to
You either think the company will grow or you don't. I don't think it'll triple or quad, but I think the business will continue to grow.
Posted by TDsngumbo
Member since Oct 2011
49842 posts
Posted on 8/16/22 at 2:34 pm to
I’ll gladly give you a dollar for four quarters.
Posted by ronricks
Member since Mar 2021
11471 posts
Posted on 8/16/22 at 2:40 pm to
Tesla is a technology company not a 'car' company. 'Cars' will be very little of what they will be doing in 10 years.
Posted by Jag_Warrior
Virginia
Member since May 2015
4292 posts
Posted on 8/16/22 at 4:51 pm to
quote:

Tesla is a technology company not a 'car' company. 'Cars' will be very little of what they will be doing in 10 years.


See, that’s the part that intrigues me about Tesla. I’m not a Tesla fanboi and I’ve never owned the first share (but have traded options around it many times). What you just stated made me think of how people thought (and some still think) of Apple as just a smartphone company. And their investment thesis revolves around that (mistaken) belief. But Cook has gradually shifted that company’s focus to services over time, and it’s only growing as an earnings contributor.

So, I can see how Musk seems to be shifting Tesla in that direction as well. And with that, it won’t just be about how many Model whatevers they sell per quarter… not as time goes on (if he’s successful).
This post was edited on 8/16/22 at 4:52 pm
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