[M3WC]

Anyone riding Tesla stock since beginning of the year?

Up 33.61% YTD.

[M3WC]

Originally Posted by M3WC

Anyone riding Tesla stock since beginning of the year?

Up 33.61% YTD.

Tesla popped off today. Make that 48.26% YTD. Back up over $160...+15.84.

WTF? Looks like they might have overcome all of the FUD from end of last year.

[chad86tsi]

160.27 USD
-116.10 (-42.01%)past year

[M3WC]

Originally Posted by chad86tsi

160.27 USD
-116.10 (-42.01%)past year

Yes the auto sector got wrecked last year, legacy automakers like Ford and GM are down over 30% on 1Y chart. Go back a few pages the tombstone for Tesla was being etched. Since Jan 1st Tesla stock has out performed legacy automakers by 4-5x in returns, up nearly 50%. Not a single person in this thread had that happening 15+ pages back. I am honestly amazed at the quick turn around, even with almost the entire mainstream media attacking Elon. They weathered the FUD well, guess the cult is alive and well. With that said I have little hope for auto sector in general in 2023.

[GrussGott]

Originally Posted by M3WC

Not a single person in this thread had that happening 15+ pages back.

I wouldn't go letting your humble pie cool just yet ...

(1.) There's a bit of trend: Tesla is -42% y/y
April 2022, $TSLA = $380+ vs today = $160



(2.) Here's what I predicted on Seeking Alpha on Jan 10th:



I was off by $30/share but not bad I'd say!

(3.) Let's see your predictions and hold each other to our predictive talents!

I'll note that all predictions are worthless, but the exercise of predicting is invaluable.

[M3WC]

Originally Posted by GrussGott

I wouldn't go letting your humble pie cool just yet ...

(1.) There's a bit of trend: Tesla is -42% y/y
April 2022, $TSLA = $380+ vs today = $160

(2.) Here's what I predicted on Seeking Alpha on Jan 10th:



I was off by $30/share but not bad I'd say!

(3.) Let's see your predictions and hold each other to our predictive talents!

I'll note that all predictions are worthless, but the exercise of predicting is invaluable.

Another big day for Tesla stock. Went above your $180 late summer peak price briefly today. Closing at $177, up another 11%.

Tesla now -36% y/y. Right inline with legacy automakers, Ford is -32% y/y.

Don't have any predictions, actually astonished they weathered the extreme FUD by all media outlets.

[GrussGott]

Originally Posted by M3WC

actually astonished they weathered the extreme FUD by all media outlets.

That's such a sad whine by all the Muskateers:

buh buh Tesla's only worth the top 10 car companies combined! damn MEDIA FUD!

with that, again, I'll point you to the graph and ask you to note the volatility (& trend) in less than 1 year:

April $400! "it's elon!"
May $200 " it's the media FUD!"
Aug $300 "yay for Elon!"
Oct $200 "it's the media FUD!"
Dec $100 "MEDIA FUD!"
Jan $170 "yay for Elon! He beat The Media FUD!"

Sooooo ... can you guess what might happen next??

Media's FUD prediction: extreme $TSLA volatility with a continuing downward trend.

[Tejas1836]

Once the short squeeze is over, it's back down we go.

[GrussGott]

Originally Posted by Tejas1836

Once the short squeeze is over, it's back down we go.

yeah, man the stonks on this thing are

never expected that to stick around like it has but holy shit

Lots of great exit points for retail investors, but they won't use 'em