New to the stock market scene, but curious, is now a good time to buy Tesla stock? Should I wait till it drops more or do you guys think it’ll never go back up?
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If you buy. It will drop. If you by calls it will drop. The moment you sell your calls at lost. It will skyrocket. If you buy puts. It will sky rocket. I think you get the picture
Might go up, might go down
Should I bet on red or on black? I’m new here.
I wonder how many people said this at $150
you sure you want to take advice from gamblers living in their moms basement? go for it
Dude, get into mutual funds. Forget this sub, never install Robin Hood, and thank me quietly in the future.
Edit: index funds, preferably. I was speed shit posting and shouldn’t have said mutual funds. Either is preferable to anything done here.
The “expert” today on CNBC said buying Tesla would be like roasting marshmallows over a dumpster fire.
#sir
I have a general rule I’ve learned from lots of losses :
Pay attention to momentum.
Right now the momentum for Tesla and the general market does not look pretty.
Why NSFW?
It’s a great time to buy a Tesla, my buddy just got 7500 off and 10k miles worth of free charging. The stock…not so sure about.
“Trying to catch a falling knife”
Personal I think it can still half.
No one tell him
You’re balls deep going into one of the greatest recession of all time and you want to buy one of the most overvalued stocks there is?
This sub is definitely for you! Welcome
Wait – it will drop to below $100 soon
50% chance to win， just pick a side
Better regret missing the bounce than regret buying as it keep dipping
If you are asking this question unironically, you will be left holding the bag my friend. Word of non-financial advice from a very regarded individual, never go full bag holder.
Sir this is a Wendy’s
Tesla = New Wendy’s bus ticket.
I’m guessing the same people saying to buy tsla at 300 the same people saying to sell it here at 100. Top buyers and bottom sellers
You’ll make about 2, 3. Maybe 4.
Lol. Lmao. Lmfao.
From my experience, if you get this feeling now, let it drop another 10%, then another. Then it’s time to wait another 10% and buy
fuck no wtf
No. It’s 30 dollar stock.
I’d let it dip lower before buying.
Musk is still at the helm, which means more ups and downs.
We don’t know where the class action lawsuits will go. CA banned them from using “Full Self Driving” marketing, so what’s the replacement language going to be? Maybe “Wishful Thinking Driving”.
I’m not a financial advisor, though.
Back in 2019/2020,
At this price, pre split Tesla would be trading at ~$1600 per share… I wouldn’t buy that shit if you asked me
There is no reason to be buying tsla at this point. Selling, yes.
stonks? hell no
Not a great time. Elon still has some serious delusions of grandeur to come to terms with.
New to the stock market? Stay away from TSLA for… let’s say 6 months. Or maybe a week? Or YOLO any savings you have at 9am on $85 strike price puts expiring the 30th.
When Elon stops putting out Twitter files then maybe
Absolutely not, that ship is sinking. Elon exposed himself to be a goddamn moron and the competitors are making huge gains. If you want to buy, do it, but when you post your loss porn remember that someone warned you.
Buying back in between 50 and 75 dollars.
No, watch price action after next earnings, then decide. Probability is not looking good with too many negative factors. In addition, when recession is in play, valuation of companies becomes important again. Tesla is a growth stock and not a value stock, at this price.
Old fart wisdom for you wish somebody would have told me. No matter what, most important advise, always have a stop loss in your head of when to get out. If a stock goes down 8%, 75% of the time, it will go lower. Ultimately meaning, risk management is the more important than gains. Anybody can make money in bull market and think your a genius, but times like these, can take 3 to 10 years to make back up major loses. So, mitigating loses is the focus/key to making money, not profits. Read that over and over until you understand it is the key. Specially since you are not a Warren Buffet (I know that because Buffet would never consider buying Tesla). Buy and hold into loss is one of the dumbest things you can do, unless you buy companies like him, which most people don’t. Also, even he knows when to cut his losses, make no mistake about that either. That is the greatest wisdom which would have changed my life much faster. I sold all my stocks months ago, glad because they all went down and will continue to go down. I will know next 2 months which will lead the market in 2023 through valuation. Be patient, most know intuitively what the market is going to do, but lack patience to wait for it to unfold as they thought, takes months most of the time. Good luck, wait for storm to pass, study market cycles, your in a big one.
Maybe some more dropping .. let momentum slow down
$60. When PE is 10
Will tesla go below $100
GUH!!!
Dont catch the falling knife. Wait until its trend changes
Don’t buy the falling knife. Wait for the clear trend reversal
Just buy the s&p500 . Your welcome