Stock Thread (23 Viewers)

[identikit]

i was talking to a woman last night who is very conservative and she bought a tesla a few years back she said that all of her conservative friends at the time gave her crap and called her a hippy yadda yadda now she says she is being flipped off and called a nazi by people she suspects are liberals she said she is getting rid of it and just wants to not be associated with tesla anymore and i suppose that is what a lot of people are thinking regardless of thier political affilitation i mean who wants a swastika painted on thier car take that to the bank brohans

Henry Ford was a Nazi sympathizer

So what...

It's a car

Intelligence and protesting don't go hand-in-hand

Mostly

Times are a little different now than 1939 I think we would all agree. Everything is polarized. I have a buddy that had a Tesla, last month he showed up in a Benz. Said he traded it in for a loss but he didn’t want to be in it anymore. A big chunk of this country and seemingly a lot of Europe are out on this guy. Has to count for something.

That's a great way to turn a profit

For someone else

 

[Desert_Power]

This market is a crackhead

Chances it falls apart into the close though?

 

[Ridgeback]

i was talking to a woman last night who is very conservative and she bought a tesla a few years back she said that all of her conservative friends at the time gave her crap and called her a hippy yadda yadda now she says she is being flipped off and called a nazi by people she suspects are liberals she said she is getting rid of it and just wants to not be associated with tesla anymore and i suppose that is what a lot of people are thinking regardless of thier political affilitation i mean who wants a swastika painted on thier car take that to the bank brohans

Henry Ford was a Nazi sympathizer

So what...

It's a car

Intelligence and protesting don't go hand-in-hand

Mostly

Times are a little different now than 1939 I think we would all agree. Everything is polarized. I have a buddy that had a Tesla, last month he showed up in a Benz. Said he traded it in for a loss but he didn’t want to be in it anymore. A big chunk of this country and seemingly a lot of Europe are out on this guy. Has to count for something.

That's a great way to turn a profit

For someone else

True, but principles are worth more than money, no?

 

[The_Man]

Sold, sold, sold at the opening bell . I thought to myself: "self, in one year, what will I have wished I had done on 2/21/25?" and I answered myself "I wish I had moved even more into that sweet money market that is paying 4.3% and gotten the heck out of an overpriced market before _____ hit the fan." You're welcome, future me. (Disclosure: allocation now about 50% equities, 20% bonds, 30% cash, a good dozen years until retirement.)

And if the market is up 10% a year from now, what do you do then?

Not questioning your decision in any way, seems incredibly reasonable to me. I’m always just curious how people who are timing the market think about the plan to get back in. You have to be right twice. To come out ahead of just staying the course.

I know people that got out in 2022, and they’re still sitting on a pile of cash waiting for the right time to get back in as the market ran away from them.

I moved about 50% to a Money Market a couple of days before the first so-called Tariffs were supposed to hit (S&P was at 6068). Short-term, I might put some back in after a Budget Deal is struck between the House and Senate but I expect a lot of turmoil and foolishness before that eventually happens. Longer-term, I am probably going to wait until much closer to the mid-term elections to see if they actually take place as scheduled.

Still making my monthly contributions into an S&P Index Fund though might change it to an S&P equal weight index fund. If I miss out on some gains with the 50% I've parked, I can live with it way more than how I'll feel watching things go off the rails (like I think they will) and having done nothing about it

The question of how / when to get back in is a very good one that I certainly don't know the answer to @SFBayDuck

I just went ahead and put one-quarter of the money I pulled out in January (in other words, 12.5% of my total balance) back in to my usual S&P index fund. Not trying to time a top or bottom, just trying to shield funds from what I think will be an overall downward trend for the time being - so putting a chunk back in after shielding it from a 4% drop seems like the kind of sensible win I'm happy with

(and I want to get this on the record, as some kind of accountability tends to help me make more reasonable decisions)

I've now put back half the money I moved to cash when the S&P was at 6068 (a couple of days before the first Canada/Mexico tariffs were supposed to happen). I put about 10% back in each time the S&P dropped 1% on the day - will probably put the rest back in if the Budget deal gets approved today. I'm currently 6.6% ahead of where I would have been - ready to happily walk away from my first and only venture in marketing timing and return to my tried-and-true approach of buying and holding everything in an S&P 500 Index Fund.

 

[identikit]

i was talking to a woman last night who is very conservative and she bought a tesla a few years back she said that all of her conservative friends at the time gave her crap and called her a hippy yadda yadda now she says she is being flipped off and called a nazi by people she suspects are liberals she said she is getting rid of it and just wants to not be associated with tesla anymore and i suppose that is what a lot of people are thinking regardless of thier political affilitation i mean who wants a swastika painted on thier car take that to the bank brohans

Henry Ford was a Nazi sympathizer

So what...

It's a car

Intelligence and protesting don't go hand-in-hand

Mostly

Times are a little different now than 1939 I think we would all agree. Everything is polarized. I have a buddy that had a Tesla, last month he showed up in a Benz. Said he traded it in for a loss but he didn’t want to be in it anymore. A big chunk of this country and seemingly a lot of Europe are out on this guy. Has to count for something.

That's a great way to turn a profit

For someone else

True, but principles are worth more than money, no?

 

[pecorino]

Thoughts on Dollar General (DG)? It is trading at a 50% discount from one year ago. If you're in the camp that a recession could be coming, it would seem to be a good name to own since everything costs like a dollar, in general.

 

[Capella]

i was talking to a woman last night who is very conservative and she bought a tesla a few years back she said that all of her conservative friends at the time gave her crap and called her a hippy yadda yadda now she says she is being flipped off and called a nazi by people she suspects are liberals she said she is getting rid of it and just wants to not be associated with tesla anymore and i suppose that is what a lot of people are thinking regardless of thier political affilitation i mean who wants a swastika painted on thier car take that to the bank brohans

Henry Ford was a Nazi sympathizer

So what...

It's a car

Intelligence and protesting don't go hand-in-hand

Mostly

Times are a little different now than 1939 I think we would all agree. Everything is polarized. I have a buddy that had a Tesla, last month he showed up in a Benz. Said he traded it in for a loss but he didn’t want to be in it anymore. A big chunk of this country and seemingly a lot of Europe are out on this guy. Has to count for something.

That's a great way to turn a profit

For someone else

#1 he’s not hurting and there’s also more to life than turning a profit in every exercise you take.

 

[identikit]

i was talking to a woman last night who is very conservative and she bought a tesla a few years back she said that all of her conservative friends at the time gave her crap and called her a hippy yadda yadda now she says she is being flipped off and called a nazi by people she suspects are liberals she said she is getting rid of it and just wants to not be associated with tesla anymore and i suppose that is what a lot of people are thinking regardless of thier political affilitation i mean who wants a swastika painted on thier car take that to the bank brohans

Henry Ford was a Nazi sympathizer

So what...

It's a car

Intelligence and protesting don't go hand-in-hand

Mostly

Times are a little different now than 1939 I think we would all agree. Everything is polarized. I have a buddy that had a Tesla, last month he showed up in a Benz. Said he traded it in for a loss but he didn’t want to be in it anymore. A big chunk of this country and seemingly a lot of Europe are out on this guy. Has to count for something.

That's a great way to turn a profit

For someone else

#1 he’s not hurting and there’s also more to life than turning a profit in every exercise you take.

Cool

 

[guru_007]

This market is a crackhead

Chances it falls apart into the close though?

I think we'll have a pretty good Friday. As I mentioned the other day, the market is oversold, and we did receive some pretty good economic news this week.
I do not think the selling is done by any means, but I think a lot of the programmed sales and shorts will not want to stay short over the weekend because, well, you never know what's going to happen over the weekend.
Monday will probably see us lose any of all of these gains however. There is just too much uncertainty in the near term for any strong sellers to storm back into the market so for the time being there will be more sellers than buyers.
just my

 

[Bob Sacamano]

i was talking to a woman last night who is very conservative and she bought a tesla a few years back she said that all of her conservative friends at the time gave her crap and called her a hippy yadda yadda now she says she is being flipped off and called a nazi by people she suspects are liberals she said she is getting rid of it and just wants to not be associated with tesla anymore and i suppose that is what a lot of people are thinking regardless of thier political affilitation i mean who wants a swastika painted on thier car take that to the bank brohans

Henry Ford was a Nazi sympathizer

So what...

It's a car

Intelligence and protesting don't go hand-in-hand

Mostly

Times are a little different now than 1939 I think we would all agree. Everything is polarized. I have a buddy that had a Tesla, last month he showed up in a Benz. Said he traded it in for a loss but he didn’t want to be in it anymore. A big chunk of this country and seemingly a lot of Europe are out on this guy. Has to count for something.

That's a great way to turn a profit

For someone else

True, but principles are worth more than money, no?

I struggle with this a little bit. I own a Tesla. I haven't cared much for Elon since the whole Thai cave incident, but it never pushed me to get rid of my car. Now we're 1000x beyond that incident, and I'd probably prefer to not own my Tesla, though Tesla corporate contributes to that preference as well. But whatever action I take has exactly 0 impact on Tesla corporate or Elon financially. In fact, unless I sell my car to another individual, it wipes a liability off their books, as they owe me free supercharging for the life of my car.

But it impacts me. My car is paid off, it's old, and moving to something else most definitely comes with a cost. So where's the upside in getting rid of it? To minimize the judgment of juveniles with no emotional intelligence on both sides of the aisle? People whose opinions I really DGAF about? Meh. I'll wash down a Chick Fil-A sandwich with a Bud Light I bought from Target, sleep just fine at night, and make a change when it makes sense. While also expressing my unadulterated opinion of the whole situation to anyone who asks me about my car and encouraging them to look elsewhere for their EV. It's enough imo.

 

[Bob Sacamano]

I should add, in the interest of full disclosure, that I have looked for replacement options. Unfortunately, another component of my not making a change is that I can't find the next thing I want to buy (that falls within the budget of someone who hates spending money on depreciating assets).

 

[FreeBaGeL]

i was talking to a woman last night who is very conservative and she bought a tesla a few years back she said that all of her conservative friends at the time gave her crap and called her a hippy yadda yadda now she says she is being flipped off and called a nazi by people she suspects are liberals she said she is getting rid of it and just wants to not be associated with tesla anymore and i suppose that is what a lot of people are thinking regardless of thier political affilitation i mean who wants a swastika painted on thier car take that to the bank brohans

Henry Ford was a Nazi sympathizer

So what...

It's a car

Intelligence and protesting don't go hand-in-hand

Mostly

Times are a little different now than 1939 I think we would all agree. Everything is polarized. I have a buddy that had a Tesla, last month he showed up in a Benz. Said he traded it in for a loss but he didn’t want to be in it anymore. A big chunk of this country and seemingly a lot of Europe are out on this guy. Has to count for something.

That's a great way to turn a profit

For someone else

True, but principles are worth more than money, no?

I struggle with this a little bit. I own a Tesla. I haven't cared much for Elon since the whole Thai cave incident, but it never pushed me to get rid of my car. Now we're 1000x beyond that incident, and I'd probably prefer to not own my Tesla, though Tesla corporate contributes to that preference as well. But whatever action I take has exactly 0 impact on Tesla corporate or Elon financially. In fact, unless I sell my car to another individual, it wipes a liability off their books, as they owe me free supercharging for the life of my car.

But it impacts me. My car is paid off, it's old, and moving to something else most definitely comes with a cost. So where's the upside in getting rid of it? To minimize the judgment of juveniles with no emotional intelligence on both sides of the aisle? People whose opinions I really DGAF about? Meh. I'll wash down a Chick Fil-A sandwich with a Bud Light I bought from Target, sleep just fine at night, and make a change when it makes sense. While also expressing my unadulterated opinion of the whole situation to anyone who asks me about my car and encouraging them to look elsewhere for their EV. It's enough imo.

Well sure, but whether you keep the Tesla or sell it isn't really what affects the stock. Whether you'd buy one if you didn't already have it does.

I'm in the market for an EV. Would most likely have been a Tesla without all this nonsense. Now it probably won't be.

I don't think I am alone on that.

On the flipside there are probably some people buying a Tesla specifically because of the politics. Enough to cancel out the people that were pushed away? Highly doubtful.

Of course, on the flippity flipside, Tesla's stock price often disconnects from their car sales, so maybe it won't matter.

 

[Bob Sacamano]

i was talking to a woman last night who is very conservative and she bought a tesla a few years back she said that all of her conservative friends at the time gave her crap and called her a hippy yadda yadda now she says she is being flipped off and called a nazi by people she suspects are liberals she said she is getting rid of it and just wants to not be associated with tesla anymore and i suppose that is what a lot of people are thinking regardless of thier political affilitation i mean who wants a swastika painted on thier car take that to the bank brohans

Henry Ford was a Nazi sympathizer

So what...

It's a car

Intelligence and protesting don't go hand-in-hand

Mostly

Times are a little different now than 1939 I think we would all agree. Everything is polarized. I have a buddy that had a Tesla, last month he showed up in a Benz. Said he traded it in for a loss but he didn’t want to be in it anymore. A big chunk of this country and seemingly a lot of Europe are out on this guy. Has to count for something.

That's a great way to turn a profit

For someone else

True, but principles are worth more than money, no?

I struggle with this a little bit. I own a Tesla. I haven't cared much for Elon since the whole Thai cave incident, but it never pushed me to get rid of my car. Now we're 1000x beyond that incident, and I'd probably prefer to not own my Tesla, though Tesla corporate contributes to that preference as well. But whatever action I take has exactly 0 impact on Tesla corporate or Elon financially. In fact, unless I sell my car to another individual, it wipes a liability off their books, as they owe me free supercharging for the life of my car.

But it impacts me. My car is paid off, it's old, and moving to something else most definitely comes with a cost. So where's the upside in getting rid of it? To minimize the judgment of juveniles with no emotional intelligence on both sides of the aisle? People whose opinions I really DGAF about? Meh. I'll wash down a Chick Fil-A sandwich with a Bud Light I bought from Target, sleep just fine at night, and make a change when it makes sense. While also expressing my unadulterated opinion of the whole situation to anyone who asks me about my car and encouraging them to look elsewhere for their EV. It's enough imo.

Well sure, but whether you keep the Tesla or sell it isn't really what affects the stock. Whether you'd buy one if you didn't already have it does.

I'm in the market for an EV. Would most likely have been a Tesla without all this nonsense. Now it probably won't be.

I don't think I am alone on that.

On the flipside there are probably some people buying a Tesla specifically because of the politics. Enough to cancel out the people that were pushed away? Highly doubtful.

Of course, on the flipside, Tesla's stock price often disconnects from their car sales, so maybe it won't matter.

100%

 

[Bob Sacamano]

Thoughts on Dollar General (DG)? It is trading at a 50% discount from one year ago. If you're in the camp that a recession could be coming, it would seem to be a good name to own since everything costs like a dollar, in general.

How much of this is increased competition? How much of that business are they getting back, even if there is a recession? Am I remembering incorrectly that they recently closed a bunch of stores? Or was that a competitor?

 

[Buckna]

i was talking to a woman last night who is very conservative and she bought a tesla a few years back she said that all of her conservative friends at the time gave her crap and called her a hippy yadda yadda now she says she is being flipped off and called a nazi by people she suspects are liberals she said she is getting rid of it and just wants to not be associated with tesla anymore and i suppose that is what a lot of people are thinking regardless of thier political affilitation i mean who wants a swastika painted on thier car take that to the bank brohans

Henry Ford was a Nazi sympathizer

So what...

It's a car

Intelligence and protesting don't go hand-in-hand

Mostly

Times are a little different now than 1939 I think we would all agree. Everything is polarized. I have a buddy that had a Tesla, last month he showed up in a Benz. Said he traded it in for a loss but he didn’t want to be in it anymore. A big chunk of this country and seemingly a lot of Europe are out on this guy. Has to count for something.

That's a great way to turn a profit

For someone else

True, but principles are worth more than money, no?

I struggle with this a little bit. I own a Tesla. I haven't cared much for Elon since the whole Thai cave incident, but it never pushed me to get rid of my car. Now we're 1000x beyond that incident, and I'd probably prefer to not own my Tesla, though Tesla corporate contributes to that preference as well. But whatever action I take has exactly 0 impact on Tesla corporate or Elon financially. In fact, unless I sell my car to another individual, it wipes a liability off their books, as they owe me free supercharging for the life of my car.

But it impacts me. My car is paid off, it's old, and moving to something else most definitely comes with a cost. So where's the upside in getting rid of it? To minimize the judgment of juveniles with no emotional intelligence on both sides of the aisle? People whose opinions I really DGAF about? Meh. I'll wash down a Chick Fil-A sandwich with a Bud Light I bought from Target, sleep just fine at night, and make a change when it makes sense. While also expressing my unadulterated opinion of the whole situation to anyone who asks me about my car and encouraging them to look elsewhere for their EV. It's enough imo.

I have started to see some humorous stickers people have been putting on their Tesla’s. Some are more innocuous than others ranging from stuff like “I bought this car years ago” to some that I can’t mention here because of the politics or spicy language.

 

[General Malaise]

I should add, in the interest of full disclosure, that I have looked for replacement options. Unfortunately, another component of my not making a change is that I can't find the next thing I want to buy (that falls within the budget of someone who hates spending money on depreciating assets).

Yeah, this is a tough spot. I know from speaking personally with you that you really like your car for what it is - a great car that doesn't require pesky gas. And not having a payment? Doesn't get any better than that! But now - through no fault of your own - this car has a stigma and it's hard to come up with a similar example in life.

Like, we've sort of become a Toyota family. Love the brand. But I'm in ZERO danger of the face of Toyota turning our cars into some sort of political lightning rod on wheels. I don't even know who the face of Toyota is and I'm fine with that. Just be a boring, mature, stay out of the limelight car company that churns out reliable vehicles and I'll be your buyer for life. I don't worry that some deranged soul is going to target my Sienna while I sleep at night or park it at the grocery store.

My co-worker drives a Tesla and he's terrified that somebody is going to damage it. What a shame.

 

[BassNBrew]

i was talking to a woman last night who is very conservative and she bought a tesla a few years back she said that all of her conservative friends at the time gave her crap and called her a hippy yadda yadda now she says she is being flipped off and called a nazi by people she suspects are liberals she said she is getting rid of it and just wants to not be associated with tesla anymore and i suppose that is what a lot of people are thinking regardless of thier political affilitation i mean who wants a swastika painted on thier car take that to the bank brohans

Henry Ford was a Nazi sympathizer

So what...

It's a car

Intelligence and protesting don't go hand-in-hand

Mostly

Times are a little different now than 1939 I think we would all agree. Everything is polarized. I have a buddy that had a Tesla, last month he showed up in a Benz. Said he traded it in for a loss but he didn’t want to be in it anymore. A big chunk of this country and seemingly a lot of Europe are out on this guy. Has to count for something.

That's a great way to turn a profit

For someone else

True, but principles are worth more than money, no?

I struggle with this a little bit. I own a Tesla. I haven't cared much for Elon since the whole Thai cave incident, but it never pushed me to get rid of my car. Now we're 1000x beyond that incident, and I'd probably prefer to not own my Tesla, though Tesla corporate contributes to that preference as well. But whatever action I take has exactly 0 impact on Tesla corporate or Elon financially. In fact, unless I sell my car to another individual, it wipes a liability off their books, as they owe me free supercharging for the life of my car.

But it impacts me. My car is paid off, it's old, and moving to something else most definitely comes with a cost. So where's the upside in getting rid of it? To minimize the judgment of juveniles with no emotional intelligence on both sides of the aisle? People whose opinions I really DGAF about? Meh. I'll wash down a Chick Fil-A sandwich with a Bud Light I bought from Target, sleep just fine at night, and make a change when it makes sense. While also expressing my unadulterated opinion of the whole situation to anyone who asks me about my car and encouraging them to look elsewhere for their EV. It's enough imo.

Well sure, but whether you keep the Tesla or sell it isn't really what affects the stock. Whether you'd buy one if you didn't already have it does.

I'm in the market for an EV. Would most likely have been a Tesla without all this nonsense. Now it probably won't be.

I don't think I am alone on that.

On the flipside there are probably some people buying a Tesla specifically because of the politics. Enough to cancel out the people that were pushed away? Highly doubtful.

Of course, on the flipside, Tesla's stock price often disconnects from their car sales, so maybe it won't matter.

I'm still of the opinion that the money for Telsa is in selling the electrons. They jacked their prices and the competition responded by increasing their prices more (I'm looking at you Rivian). that's the first negative thing I have to say about Rivian as the customer service experience has been amazing and the vehicle is significantly better than when I bought it.

Personally I think Tesla/Elon screwed up alienating woke hippies like me and they aren't going to capture the Monster Truck guys who like driving a slower inferior product.

 

[Bob Sacamano]

i was talking to a woman last night who is very conservative and she bought a tesla a few years back she said that all of her conservative friends at the time gave her crap and called her a hippy yadda yadda now she says she is being flipped off and called a nazi by people she suspects are liberals she said she is getting rid of it and just wants to not be associated with tesla anymore and i suppose that is what a lot of people are thinking regardless of thier political affilitation i mean who wants a swastika painted on thier car take that to the bank brohans

Henry Ford was a Nazi sympathizer

So what...

It's a car

Intelligence and protesting don't go hand-in-hand

Mostly

Times are a little different now than 1939 I think we would all agree. Everything is polarized. I have a buddy that had a Tesla, last month he showed up in a Benz. Said he traded it in for a loss but he didn’t want to be in it anymore. A big chunk of this country and seemingly a lot of Europe are out on this guy. Has to count for something.

That's a great way to turn a profit

For someone else

True, but principles are worth more than money, no?

I struggle with this a little bit. I own a Tesla. I haven't cared much for Elon since the whole Thai cave incident, but it never pushed me to get rid of my car. Now we're 1000x beyond that incident, and I'd probably prefer to not own my Tesla, though Tesla corporate contributes to that preference as well. But whatever action I take has exactly 0 impact on Tesla corporate or Elon financially. In fact, unless I sell my car to another individual, it wipes a liability off their books, as they owe me free supercharging for the life of my car.

But it impacts me. My car is paid off, it's old, and moving to something else most definitely comes with a cost. So where's the upside in getting rid of it? To minimize the judgment of juveniles with no emotional intelligence on both sides of the aisle? People whose opinions I really DGAF about? Meh. I'll wash down a Chick Fil-A sandwich with a Bud Light I bought from Target, sleep just fine at night, and make a change when it makes sense. While also expressing my unadulterated opinion of the whole situation to anyone who asks me about my car and encouraging them to look elsewhere for their EV. It's enough imo.

I have started to see some humorous stickers people have been putting on their Tesla’s. Some are more innocuous than others ranging from stuff like “I bought this car years ago” to some that I can’t mention here because of the politics or spicy language.

Yes. "I bought this before Elon went crazy" is a thing. Kia has an ad with a sticker on one of their EVs that says, "I bought this after Elon went crazy." It doesn't make me want to buy a Kia, but it's amusing.

I'm OK with the judgment. I won't be OK with tire slashing, car keying, swastika painting, etc. Same as I wouldn't be for it occurring to someone else's car or the object of the other side's hatred. But it is what it is. As always, people are dumb.

 

[Dr_Zaius]

I'll wash down a Chick Fil-A sandwich with a Bud Light I bought from Target, sleep just fine at night, and make a change when it makes sense.

That's one of the many things that sucks about things becoming hyper politicized. Everybody's going to have their line they will not cross and that's up to them and as it should be. But once a substantial amount of people start to make chicken sandwich or beer choices based on politics, you're now driving businesses to compete on politics rather than quality, and that's on the margin going to make quality go down over time versus the counterfactual.

 

[Capella]

Personally I think Tesla/Elon screwed up alienating woke hippies like me and they aren't going to capture the Monster Truck guys who like driving a slower inferior product.

Yea that’s the thing. This is an over generalization but 1/2 of the aisle will just buy the next electric car and the other half is driving F150s. So idk what the plan is domestically for Tesla.

 

[Bob Sacamano]

Personally I think Tesla/Elon screwed up alienating woke hippies like me and they aren't going to capture the Monster Truck guys who like driving a slower inferior product.

Yea that’s the thing. This is an over generalization but 1/2 of the aisle will just buy the next electric car and the other half is driving F150s. So idk what the plan is domestically for Tesla.

Nobody is going to own cars, so consumer sentiment for cars doesn't matter. You'll jump in the robotaxi that pulls up in front of your house, regardless.

 

[Bob Sacamano]

My college-aged daughter and her friends prefer Waymo to Uber most of the time, 'cause there's no concern about a creepy driver. They're imperfect, but they still order them.

 

[fruity pebbles]

I was looking at a Tesla, I’ve since ruled it out completely. I would honestly be worried someone dolt would key it or worse. I also don’t want the stock. I just don’t see who in mass is going to buy them right now and think their earnings over the next several quarters will be awful…….plus it’s still ridiculously overpriced.

 

[Runkle]

Personally I think Tesla/Elon screwed up alienating woke hippies like me and they aren't going to capture the Monster Truck guys who like driving a slower inferior product.

Yea that’s the thing. This is an over generalization but 1/2 of the aisle will just buy the next electric car and the other half is driving F150s. So idk what the plan is domestically for Tesla.

Nobody is going to own cars, so consumer sentiment for cars doesn't matter. You'll jump in the robotaxi that pulls up in front of your house, regardless.

I've always thought this but people don't seem to believe it. Everyone assumes we're going to keep paying six figures for basic sedans. IMO I'd much rather be shuttled around in some kind of super-safe crash-proof pod that cost some other guy half a million rather than try to fit everything into the form factor of a 1990 Ford Taurus for 100k of my own money but whatevs.

 

[jvdesigns2002]

I was looking at a Tesla, I’ve since ruled it out completely. I would honestly be worried someone dolt would key it or worse. I also don’t want the stock. I just don’t see who in mass is going to buy them right now and think their earnings over the next several quarters will be awful…….plus it’s still ridiculously overpriced.

One of my buddies who I went to high school with and we’ve both discussed our stock investment together with over the years recently asked me what my thoughts were solely in regard to if Elon was a net positive or net negative for Tesla and it’s stock. I want to make sure that this doesn’t trigger or devolve into a negative feedback loop of political talk—but I could not give an answer with any sort of confidence. Much of the appeal of Tesla stock in the past has been Elon—and many people (including myself) felt as though the high valuation came from the prospect that the company could easily be far more than just a car company over the years (much the same way that apple started off being a computer company—then got into phones, tablets, audio, entertainment.etc)—or how Amazon transitioned from being an online book seller to the behemoth that it is today (web services, content creator provider, massive logistics and goods company..etc). It’s an interesting question to ask. Elon still can dream big and seems to accomplish very impressive feats (space x, neuralink)—but he also doesn’t seem to care about rubbing people the wrong way—which certainly could be detrimental to his brand and his shareholders. Being that I currently don’t own any Tesla stock at the moment, I don’t really have a horse in this race, but I feel like either side could make an argument on if he’s a net positive or negative to the company right now.

 

[Bob Sacamano]

Personally I think Tesla/Elon screwed up alienating woke hippies like me and they aren't going to capture the Monster Truck guys who like driving a slower inferior product.

Yea that’s the thing. This is an over generalization but 1/2 of the aisle will just buy the next electric car and the other half is driving F150s. So idk what the plan is domestically for Tesla.

Nobody is going to own cars, so consumer sentiment for cars doesn't matter. You'll jump in the robotaxi that pulls up in front of your house, regardless.

I've always thought this but people don't seem to believe it. Everyone assumes we're going to keep paying six figures for basic sedans. IMO I'd much rather be shuttled around in some kind of super-safe crash-proof pod that cost some other guy half a million rather than try to fit everything into the form factor of a 1990 Ford Taurus for 100k of my own money but whatevs.

IDK if I believe it or not. I think that's Elon's vision, and I think it's likely eventually. But we're awfully resistant to changing things we like. And there are a lot of people (in this country) who like driving their cars and like those cars to have a certain sound.

 

[FreeBaGeL]

Personally I think Tesla/Elon screwed up alienating woke hippies like me and they aren't going to capture the Monster Truck guys who like driving a slower inferior product.

Yea that’s the thing. This is an over generalization but 1/2 of the aisle will just buy the next electric car and the other half is driving F150s. So idk what the plan is domestically for Tesla.

Nobody is going to own cars, so consumer sentiment for cars doesn't matter. You'll jump in the robotaxi that pulls up in front of your house, regardless.

I've always thought this but people don't seem to believe it. Everyone assumes we're going to keep paying six figures for basic sedans. IMO I'd much rather be shuttled around in some kind of super-safe crash-proof pod that cost some other guy half a million rather than try to fit everything into the form factor of a 1990 Ford Taurus for 100k of my own money but whatevs.

IDK if I believe it or not. I think that's Elon's vision, and I think it's likely eventually. But we're awfully resistant to changing things we like. And there are a lot of people who like driving their cars and like those cars to have a certain sound.

We'll probably get there one day, but it's a LONG ways away. Way too far to be making stock decisions today based on it, imo.

 

[Bossman]

i was talking to a woman last night who is very conservative and she bought a tesla a few years back she said that all of her conservative friends at the time gave her crap and called her a hippy yadda yadda now she says she is being flipped off and called a nazi by people she suspects are liberals she said she is getting rid of it and just wants to not be associated with tesla anymore and i suppose that is what a lot of people are thinking regardless of thier political affilitation i mean who wants a swastika painted on thier car take that to the bank brohans

Henry Ford was a Nazi sympathizer

So what...

It's a car

Intelligence and protesting don't go hand-in-hand

Mostly

Times are a little different now than 1939 I think we would all agree. Everything is polarized. I have a buddy that had a Tesla, last month he showed up in a Benz. Said he traded it in for a loss but he didn’t want to be in it anymore. A big chunk of this country and seemingly a lot of Europe are out on this guy. Has to count for something.

That's a great way to turn a profit

For someone else

True, but principles are worth more than money, no?

I struggle with this a little bit. I own a Tesla. I haven't cared much for Elon since the whole Thai cave incident, but it never pushed me to get rid of my car. Now we're 1000x beyond that incident, and I'd probably prefer to not own my Tesla, though Tesla corporate contributes to that preference as well. But whatever action I take has exactly 0 impact on Tesla corporate or Elon financially. In fact, unless I sell my car to another individual, it wipes a liability off their books, as they owe me free supercharging for the life of my car.

But it impacts me. My car is paid off, it's old, and moving to something else most definitely comes with a cost. So where's the upside in getting rid of it? To minimize the judgment of juveniles with no emotional intelligence on both sides of the aisle? People whose opinions I really DGAF about? Meh. I'll wash down a Chick Fil-A sandwich with a Bud Light I bought from Target, sleep just fine at night, and make a change when it makes sense. While also expressing my unadulterated opinion of the whole situation to anyone who asks me about my car and encouraging them to look elsewhere for their EV. It's enough imo.

Well sure, but whether you keep the Tesla or sell it isn't really what affects the stock. Whether you'd buy one if you didn't already have it does.

I'm in the market for an EV. Would most likely have been a Tesla without all this nonsense. Now it probably won't be.

I don't think I am alone on that.

On the flipside there are probably some people buying a Tesla specifically because of the politics. Enough to cancel out the people that were pushed away? Highly doubtful.

Of course, on the flippity flipside, Tesla's stock price often disconnects from their car sales, so maybe it won't matter.

I think Tesla stock will be ok. They still make a great "green energy" product that is not an import ... unlike most of the cars that we drive today.
The irony in all of this is that some of the proponents of green energy are now (allegedly) the ones protesting and damaging Tesla and it's products.
The proponents of the current administration and "drill baby drill", probably don't want and wouldn't consider owning an EV.

 

[Klimtology]

Wow What bad timing.

Lost $3400 on monday, and now it's all the way back.

:SAD:

 

[kevzilla]

My Fidelity accounts had their worst day ever and their best day ever. Consecutively. Up a net $75 for Thursday and Friday. Markets be cray.

 

[Bossman]

Wow What bad timing.

Lost $3400 on monday, and now it's all the way back.

:SAD:

Some in here believe it's going to get worse.
If it does, pick your spots to get back ... in a little at a time.

 

[Bossman]

Thank you @Todem

Unloaded all my Disney at $103 (currently $99) all immediately bought NVDA at $106 ($116) and AMD $96 ($101). Up well over 10% on this switch. Appreciate the nudge to eat my loss on that Donald Duck and move on.

Tailed you on this one at open this morning. Sold my DIS that has been doing nothing for me...
Picked up more NVDA.

 

[Klimtology]

Thanks Bossman!

Man this is brutal.

 

[Desert_Power]

I was looking at a Tesla, I’ve since ruled it out completely. I would honestly be worried someone dolt would key it or worse. I also don’t want the stock. I just don’t see who in mass is going to buy them right now and think their earnings over the next several quarters will be awful…….plus it’s still ridiculously overpriced.

I really liked test driving a Tesler over the last couple of years. My wife enjoyed it less as the immediate acceleration of the electric engine was a bit jolting. I thought the computer screen is pretty distracting compared to the physical buttons it replaces, but not a big deal. We got a Rav4 instead.

I kinda wanted to get the sedan version to get around town, but determined the initial quality was too low to trust.

Will not consider them again. I'd rather walk than buy a car owned by a guy who thinks doing multiple Sieg Heils is funny. Other markets will agree and continue to drive this stock lower.

 

[Desert_Power]

Thanks Bossman!

Man this is brutal.

If this whole thing isn't shtick, please feel free to shoot me a DM for a full financial analysis.

My initial analysis suggests you should invest in index funds and find a new hobby.

 

[NajehHejan]

Stonks go up again?

UWMC up a nice 4% today.

 

[Klimtology]

I'm thinking about getting back in.

Crazy? Selling low and buying high?

:Sad:

 

[pecorino]

I'm thinking about getting back in.

Crazy? Selling low and buying high?

:Sad:

If "get back in" means buying SPY puts, that's a great idea.

 

[Capella]

I'm thinking about getting back in.

Crazy? Selling low and buying high?

:Sad:

Do you have established goals? How long have you been in the market for? I think you need to set out a plan and follow it. Respectfully, I don’t think you have the nerve for this, at least not yet. You seem young. It takes time to develop that.

 

[fruity pebbles]

I'm thinking about getting back in.

Crazy? Selling low and buying high?

:Sad:

I mean you don’t listen anyways so…….

 

[Dr. Octopus]

I'm thinking about getting back in.

Crazy? Selling low and buying high?

:Sad:

Do you have established goals? How long have you been in the market for? I think you need to set out a plan and follow it. Respectfully, I don’t think you have the nerve for this, at least not yet. You seem young. It takes time to develop that.

He must be young - I'm not trying to belittle anyone's situation but at one point he was crying about losing $3,500 in total.

I'm not saying that's "nothing" but most of us probably gain or lose that in the first hour the market opens.

He should stick his extra money in AAPL or some other blue chip and let it sit there for a while - and start building a portfolio.

 

[jwb]

I'm thinking about getting back in.

Crazy? Selling low and buying high?

:Sad:

Do you have established goals? How long have you been in the market for? I think you need to set out a plan and follow it. Respectfully, I don’t think you have the nerve for this, at least not yet. You seem young. It takes time to develop that.

Yup. When you first start really following the market and making a trade or three, it can really tie you up in knots. You have to learn not to panic (or get too euphoric). It's very easy to get on the wrong side of the see-saw repeatedly: you panic and sell, and then right away regret it the first green day and feel you missed it so you buy back in higher than you sold and right away it goes down and crushes you and then it goes down again the next day and omg it's crashing so you sell again... rinse/repeat.

 

[dancingbones]

Took the opportunity today to sell some losers in my ROTH on this upswing - now sitting 95% cash across all tax sheltered accounts.

And I am quite comfortable sitting there right now.

 

[The Z Machine]

Took the opportunity today to sell some losers in my ROTH on this upswing - now sitting 95% cash across all tax sheltered accounts.

And I am quite comfortable sitting there right now.

Again, it feels like there's very little upside in this market right now. Treading water is OK in the midst of chaos.

 

[Ridgeback]

Took the opportunity today to sell some losers in my ROTH on this upswing - now sitting 95% cash across all tax sheltered accounts.

And I am quite comfortable sitting there right now.

I'm doing the same. More than happy to collect 4.5% tax/risk free.

 

[fruity pebbles]

Got some more META at 580.

 

[BassNBrew]

Having good luck trading UWMC for 5-10% gains on the swings.

 

[BassNBrew]

Got some more META at 580.

This will be huge in 1-2 years. We'll be looking back at this as a wealth creation moment.

 

[pecorino]

Took the opportunity today to sell some losers in my ROTH on this upswing - now sitting 95% cash across all tax sheltered accounts.

And I am quite comfortable sitting there right now.

Wow, I’m bearish but still nowhere near 95%. Bold call.

 

[fruity pebbles]

Took the opportunity today to sell some losers in my ROTH on this upswing - now sitting 95% cash across all tax sheltered accounts.

And I am quite comfortable sitting there right now.

Wow, I’m bearish but still nowhere near 95%. Bold call.

Yeah I’m about 50/50 right now but deploying cash pretty heavily in big tech today. I’ve always been good about raising cash near tops but I’ve always been late at bottoms thinking it’s going to keep going lower and waiting. This time I’m deploying cash in intervals and not waiting for the exact bottom dinner bell to ring. So today hitting Meta, Amazon and Google.