Well, I'm out. This morning I sold my last shares of TSLA at $475 and change. I bought in Sept '18 at about $260, so that's 83% gain in 16 months. Can't complain about that. But I will complain if it keeps shooting up over 500 or more. We'll see.

Today's price is about six FOLD higher. I was thrilled to discover I kept a few shares in another account and missed them when I got out in January. They're now worth as much as everything I sold. Small comfort.

 

And yet, Mr Musk is making declarations such as this:

Elon Musk warns employees Tesla's stock could 'get crushed like a soufflé under a sledgehammer'​

 

It's a little overvalued at 1115 P/E, might be time for a big correction. Wow its at $564 now.

 

And yet, Mr Musk is making declarations such as this:

Elon Musk warns employees Tesla's stock could 'get crushed like a soufflé under a sledgehammer'​

It does seem like a big drop is more likely than a big jump. But see my previous experiences.

I believe the bullish case that Tesla is going to wrap up the transportation market. The competitors are too slow and not nearly as strategic. Tesla is just too far ahead. But today's stock price appears to already factor in complete success.

 

who knows Google grew just fine even without a product and earnings.

 

https://electrek.co/2021/07/30/tesla-megapack-caught-fire-giant-battery-project-australia/

There’s up to 3 MWh of battery cells in a single Tesla Megapack and when a thermal runaway event like this happens, you can expect a very strong fire.

More than 150 people from Fire Rescue Victoria and the Country Fire Authority responded to the blaze, and it is expected to burn throughout the night for 8 to up to 24 hours.

The CFA’s Assistant Chief Fire Officer Ian Beswicke said:

“If we try and cool them down it just prolongs the process,”

The good news is that the fire didn’t propagate to the other Megapacks around it.

 

This is happening right here were I live:

Tesla to announce Nuevo León factory in January 2023, Milenio reports​

The plant, which according to Milenio will assemble cargo trucks, would be built in a strategic quadrant in the municipality of Santa Catarina, near kilometer 51 of the Monterrey-Saltillo highway and 38 minutes away from downtown Monterrey, Nuevo León.

 

Yup, they are building a 5.5 Billion USD Hyundai factory near here. Just heard it's an electric vehicle and battery factory! Huge employer for 8,800 new jobs in a somewhat rural area with good access to I-95, CSX's main New York to Miami rail line, and the Savannah Port.

 

Down 50% -- time to dump this loser.
I suppose some may see it as a buying opportunity, but it is no longer a novelty.

 

Apparently, some of the major shareholders are not amused with Elon's Twitter shenanigans. Calling for his removal from the board of directors. That should be interesting to watch from the sidelines.

 

Apparently, some of the major shareholders are not amused with Elon's Twitter shenanigans. Calling for his removal from the board of directors. That should be interesting to watch from the sidelines.

The rapid destruction of Twitter may be the top epic fail of the 21st Century.

 

The rapid destruction of Twitter may be the top epic fail of the 21st Century.

Current leaders are Lehman Brothers and FTX (corporate) and Putin's invasion of Ukraine as leader in nearly all other categories.

 

Current leader is FTX.

We should vote on it!

 

We should vote on it!

Lehman Brothers was a $60B collapse. Bigger than Musk's purchase price of Twitter.

 

I'm setting my self up for later years. Just bought many sets of a new NFT, was lucky and got in before they all sold. Was told they will increase in value many times over.

 

I still have some Bear Bryant Coke bottles I'll sell ya. Supposed to be VERY valuable!

 

I still have some Bear Bryant Coke bottles I'll sell ya. Supposed to be VERY valuable!

Do you have any Billy Beer?
https://wour.com/43-year-old-billy-beer/

 

I'm setting my self up for later years. Just bought many sets of a new NFT, was lucky and got in before they all sold. Was told they will increase in value many times over.

Were you able to buy the one with the lasers being shot through the eyes before they were gone?

 

Nope, it didn't stay around very long and after the first six pack...

 

I'm setting my self up for later years. Just bought many sets of a new NFT, was lucky and got in before they all sold. Was told they will increase in value many times over.

Prices are already more than double the original $99 - $230

https://www.coindesk.com/web3/2022/12/16/trump-nft-collection-sells-out-price-surges/