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Old 06-29-2010, 10:58 AM
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Default TESLA? Electric Car Stock Old Pete?

Is any one else into this ??

TSLA [NOTE THIS IS A 10 Year old thread updated today]


Tesla IPO opens at $19 a share
11:37a ET June 29, 2010 (MarketWatch) SAN FRANCISCO (MarketWatch) -- Tesla Motors shares opened at $19 a share in their public debut on the Nasdaq, above the $17 offer price from the Silicon Valley maker of the high-end Roadster electric sports car. After opening more than 11% above the IPO offer price, Tesla shares settled back to $17.76 in recent trades. Tesla sold 13.3 million shares in the IPO and priced the deal above its expected range of $14 to $16 a share due to strong demand. Tesla, of Palo Alto, Calif., is the first American car maker to go public in a half-century.

Last edited by LI Sound Grunt; 01-08-2020 at 09:05 PM.
Old 06-29-2010, 01:05 PM
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Damn, wish you had posted at 10 am, I forgot all about this and would have bought in. LOL. Up 30% now.
Old 06-29-2010, 02:10 PM
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Look to see the CEO take out tens of millions as he owes major money to soon to be exwife. This company has never made a dime and the cars cost over $100,000.
Old 06-29-2010, 02:11 PM
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I bet that baby will settle in a month to 8-10
Old 06-29-2010, 02:13 PM
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Originally Posted by hhi angler View Post
Look to see the CEO take out tens of millions as he owes major money to soon to be exwife. This company has never made a dime and the cars cost over $100,000.
I recind my perspectus to 2-3 dollars after the ex- wife thing
Old 06-29-2010, 04:28 PM
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I hope you all bought it at 18 this noon when I told you

http://finance.yahoo.com/q?s=tsla


maybe not too late yet ?????

First thing that worked for me since Ford....

I am drinking tonight
Old 06-29-2010, 05:25 PM
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Originally Posted by KJS View Post
Good on you I missed that one. It might not be a long term play but definitely was a short term play.....................if you sold.
I hear you - but I sold Ford at 5 and am still kicking myself for that one....but then again this is NO Ford......
Old 06-29-2010, 06:29 PM
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No criticism taken - you are of course right - I should get out now and it will make up for most of my BP loss

I sound like a big time trader here but in truth I have just mentioned all the individual stocks I own and then just have some very doggie energy and mineral sector EFIs and two basically index based mutual funds.
Old 04-01-2013, 05:42 PM
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OK is it time to sell all now? It's up to 45. I can take a decent long term gain. I sold half back when it hit 33 or so in a month or so later via a trailing stop loss.
Old 04-01-2013, 06:31 PM
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Didn't they run out of money numerous times? I thought I read that they lost money on every car they sold.
Old 04-02-2013, 05:31 AM
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http://money.cnn.com/2013/04/01/news.../tesla-profit/
Old 05-20-2013, 12:15 PM
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OK lets say you bought the IPO at 18 and were gonna sell at 45 and now it's 80-90. Would you sell just because you have a great gain for once - or would you hold cause they are issuing more stock at around 80 -90, and the company is unigue which is why you bought it in the first place. Or maybe just put in a trailing stop loss a couple bucks below the current price.?

http://www.fool.com/investing/genera...sla-stock.aspx
Old 05-20-2013, 12:48 PM
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Originally Posted by LI Sound Grunt View Post
OK lets say you bought the IPO at 18 and were gonna sell at 45 and now it's 80-90. Would you sell just because you have a great gain for once - or would you hold cause they are issuing more stock at around 80 -90, and the company is unigue which is why you bought it in the first place. Or maybe just put in a trailing stop loss a couple bucks below the current price.?

http://www.fool.com/investing/genera...sla-stock.aspx
Don't ask me, I sold after a $20 runup before the earning announcement. I though sure after the crazy upside in such a short time, it would have to drop. All that short pressure to boot. Wrong again. It shot up another $50/share and is holding.

I think we are looking at a different breed of cat here.
Old 05-21-2013, 08:07 AM
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My understanding from a commentator on cnbc a few days ago was that there was a very high short interest in the stock before earnings which had to cover after they were announced.The question is will new buyers see a reason to step in here or at a lower price?If the only interested buyers are those who were short the stock to cover their positions this could potentially retrace back to pre earnings levels.I don't follow the stock,haven't looked at the chart,and am not making a prediction,just outlining a possible scenario.This sort of return is not an easy one to accomplish and a very easy one to watch disappear if not careful.Congratulations on a good trade.Good luck.
Old 05-21-2013, 05:24 PM
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Good point. My understanding is that there is just as much or more interest in seeing this puppy at $200 on its own legs.

As I said, All signs pointed to drop with conventional wisdom after earnings and that's when it really took off. Go figure.
Old 01-08-2020, 03:57 PM
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-UPDATED 10 YEAR OLD THREAD -

https://www.reuters.com/article/us-u...-idUSKBN1Z72MU

Hope you all bought in 2010 when I did (see above) at 18.



Last edited by LI Sound Grunt; 01-08-2020 at 09:08 PM.
Old 01-08-2020, 04:12 PM
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Don't let Pete see this
Old 01-08-2020, 04:42 PM
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Irrational market cap.
Old 01-08-2020, 05:04 PM
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might buy some tomorrow
Old 01-08-2020, 05:08 PM
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Originally Posted by thalasso View Post
don't let pete see this
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