[quote]hyper-metabolic wrote:
… People buy the car because they want to live in the future and Tesla is closest thing to doing that. We are living in a world where nothing feels like it is moving…We all want to feel like we are moving forward…and Tesla provides that…and, that feeling is super powerful.
[/quote]
Well said.
Not directly Tesla related but still interesting.
Elon Musk planning Hyperloop test track in Texas. The transit system that can reach a speed of 700mph.
Guy makes video of passenger’s reactions to Tesla P85D insane mode. Pretty funny.
Dang guys, I think I’m going to sell today. Last night I scrolled back through this thread because I wanted to see what Adam Bomb posted. A comment I made predicting the stock would make another run caught my eye. I had to pull up a two year chart to see what the price did from that point and I didn’t like what I saw in the whole chart. I was right about the months following my comment though.
I don’t use technicals to any great degree. Mostly I just look for trend channels and, if I’m lucky enough to catch them when they occur, Break Outs or break downs. Break outs is what got me into the stock in the first place. I casually watched the stock because my friend and coworker is a Tesla geek. When the stock had two breakouts in quick succession I had to step in and buy. After buying I really started looking into the company and as you know ultimately became a big drinker of the Kool-Aid.
If you look at the two year chart you will see the stock has mostly enjoyed a very nice upward slanted trading channel which, in my opinion is the sweet spot for a stock. This is the pattern you want to see in stocks you own. Unfortunately in December that channel was broken and a new downward slanted channel has clearly formed.
I still love the company and believe in the vision but for now I think I need to be out of the stock.
It’s never a good sign when the stock starts making lower, lows. Eyeballing those lows would put the next move lower to $160 or so.
You had a good run, didn’t you?
You can always get back in.
[quote]Dr. Pangloss wrote:
You had a good run, didn’t you?
[/quote]
Oh yeah. My entry points were 88, 120ish and 170ish so I did very well.
The Model X is the problem. Tesla is having issues with the Falcon doors and that is prolonging it’s release. But they were beta-testing the new SUV in Long Beach recently, it seems they are getting closer to solving it.
Tesla is also going to unveil a home energy storage unit soon, within 1-2 months. I doubt it will right the ship but it could help with future revenue projections.
I feel that Musk has too much on his plate, between Tesla, Space-X, and the Hyperloop.
[quote]on edge wrote:
[quote]Dr. Pangloss wrote:
You had a good run, didn’t you?
[/quote]
Oh yeah. My entry points were 88, 120ish and 170ish so I did very well.[/quote]
You killed it. Everyone should have problems like yours.
What’s your all’s take on these home batteries Tesla is supposedly making?
I’m out. Now I’ve got some serious cash burning a hole in my pocket.
Max, I think the potential for serious revenue from home battery packs is probably 10-20 years out. I do agree though the giga-factory for batteries will be the next catalyst, but to supply the 35k dollar, mass market gen 3 car. That is, the successful execution of the giga-factory. That will make or break them.
[quote]usmccds423 wrote:
What’s your all’s take on these home batteries Tesla is supposedly making? [/quote]
I think we’re a long way away from everyone having solar panels and a wind tree in their yard with Tesla batteries to get them through the night. It’s a beautiful utopian image though.
I never bought in but if it dips like you think it may I might take that opportunity to jump in.
I’ve got such a bro crush on Elon at this point I just want to be a part of this stuff.
[quote]Dr. Pangloss wrote:
[quote]on edge wrote:
[quote]Dr. Pangloss wrote:
You had a good run, didn’t you?
[/quote]
Oh yeah. My entry points were 88, 120ish and 170ish so I did very well.[/quote]
You killed it. Everyone should have problems like yours.[/quote]
Looking forward to the Model X.
I got a ride in my first Tesla last week. Needless to say, the car is awesome. Two concerns though: it’s low enough that the bottom dragged over all the snow and ice left in the middle of the lane by other cars. Also, Chicago side streets have speed humps (low but long) and the Tesla drags over some of those.
A couple more inches of ground clearance would go a long way.
Doc,
You can adjust the suspension height I believe. Also, should you move forward and purchase a Model S, what color/wheel/interior configuration would you go with ?
[quote]on edge wrote:
I’m out. Now I’ve got some serious cash burning a hole in my pocket.
Max, I think the potential for serious revenue from home battery packs is probably 10-20 years out. I do agree though the giga-factory for batteries will be the next catalyst, but to supply the 35k dollar, mass market gen 3 car. That is, the successful execution of the giga-factory. That will make or break them.[/quote]
Good call. Technicals are looking very bearish.
Not sure if you’re into biotech much, but I’ve been following MNKD for a few years and sales just started. I’m expecting huge returns on this(TSLA like returns). Lots of info here if you want to do some DD: http://mnkd.proboards.com/
[quote]MaximusB wrote:
Doc,
You can adjust the suspension height I believe. Also, should you move forward and purchase a Model S, what color/wheel/interior configuration would you go with ?[/quote]
It seems like the air suspension is an option. Either my buddy didn’t order it, or he has it but doesn’t know how to use it (would seem the likelier choice knowing him.)
I"m not in the market for a Tesla. I buy my cars used and able to be repaired by any independent mechanic. I’ve had too many (expensive) repair bills with high end cars to go down that road again.
Although, since we’re daydreaming and all…a P85D in blue metallic with the panoramic roof, 21" gray turbine wheels, black textile seats, and matte obeche wood trim sounds about right. It’ll come in a hair under $103,000.
The only choice I need to make now is to determine which child won’t be attending college.
[quote]Ripsaw3689 wrote:
[quote]on edge wrote:
I’m out. Now I’ve got some serious cash burning a hole in my pocket.
Max, I think the potential for serious revenue from home battery packs is probably 10-20 years out. I do agree though the giga-factory for batteries will be the next catalyst, but to supply the 35k dollar, mass market gen 3 car. That is, the successful execution of the giga-factory. That will make or break them.[/quote]
Good call. Technicals are looking very bearish.
Not sure if you’re into biotech much, but I’ve been following MNKD for a few years and sales just started. I’m expecting huge returns on this(TSLA like returns). Lots of info here if you want to do some DD: http://mnkd.proboards.com/[/quote]
Damn a lot of that is over my head. I’ve got some reading to do!
When I spoke to the Tesla rep, he told me the most expensive maintenance on the car would be the tires. Things like oil changes, belts, exhaust, and transmission are all a non-factor. For the car to move, there are 17 moving parts, that’s it.
I asked about the regen braking, and he said you can go up to 150,000 miles before the brakes need to be changed, since most of your braking would take place from a slow speed to a complete stop. That sounds like a stretch to me.
College is overrated.
