Who still hold Tesla stock? Now Cry until no tear
#1

https://markets.businessinsider.com/news...sk-2022-12

“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
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#2

Heng I no buy Big Grin

Wherever you go, no matter what the weather, always bring your own sunshine Big Grin
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#3

I already dumped long time ago after stock split. Rotfl
Now I am very busy planning and putting my fund into fixed deposit.

“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
[+] 1 user Likes RiseofAsia's post
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#4

It is long known Tesla stock is many times overvalued and hyped up by vbloggers who pumped up the stock in order to sell at high price.

Even at current stock price it can fall by 90% and still be expensive compared with traditional auto companies

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#5

I issued many warnings about Tesla

https://sgtalk.net/Thread-Overvalued-fan...-will-fall

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#6

(23-12-2022, 07:42 AM)sgbuffett Wrote:  I issued many warnings about Tesla

https://sgtalk.net/Thread-Overvalued-fan...-will-fall

This is due credit
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#7

Only Mr. Mask is laughing. Still a billionaire after stock plunge since he is smart enough to unload some and hoarded billions. But not the retail investors. To lose out as richest person in the world - you think he cares?
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#8

MAS say alll investment carried risk.

do your own diligent.
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#9

(23-12-2022, 07:42 AM)sgbuffett Wrote:  I issued many warnings about Tesla

https://sgtalk.net/Thread-Overvalued-fan...-will-fall

you are genius
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#10

(23-12-2022, 09:15 AM)Newbie Wrote:  Only Mr. Mask is laughing. Still a billionaire after stock plunge since he is smart enough to unload some and hoarded billions. But not the retail investors. To lose out as richest person in the world - you think he cares?

Making money is one thing but this guy I realise has poor integrity. 

There are several women who were harassed by him
He made false accusations against others like cave rescuer when they simply criticise him.
He took drugs captured on YouTube
He lied that someone made an offer for Tesla
He exaggerated claims about self driving so much so his chief engineer left.
He disparage the working level people in Twitter ...if he wants to sack them just do it ...but he accused them of all sorts nonsense first with no proof.

If Elon Musk rises ....I don't want to have anything to do with him.

If he falls on his own sword ...so be it...

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#11

(23-12-2022, 10:13 AM)sgbuffett Wrote:  ....

If Elon Musk rises ....I don't want to have anything to do with him.

I think he won't care lah
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#12

Elon Musk is a crook? He acts like one.
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#13

In order to drive up the valuation of Tesla stock price and keep his fan boys happy, he rolled out cars with defects , perhaps knowingly. Some estimated that every single one of his cars has been recalled to fix problems. I think the actual figures may be close to that.
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#14

https://podcasts.google.com/feed/aHR0cHM...Y2NA?ep=14

Its worth only US23 dollar.
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#15

when price chiong like rocket, everyone praise him, when price dropped like bomb, everyone curse him.
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#16

Those that buy Tesla cars in Singapore is even more gongkia.
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#17

when buy any share, must buy low and sell high.

if cannot buy low, do not buy
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#18

(23-12-2022, 12:42 PM)FartSunKing Wrote:  https://fisca.sg/ArticleDisplay.aspx?ID=1270&fbclid=IwAR0R1hWcOdZIo3Amn0rYnI31Vta_ykwK92IjnscWW4pcaAGYPM3S7lYr5kE

Hero to zero story?

While stocks go up and stocks go down, Buffett in the 2020 annual.meeting explained the EV business ....in 1920s when the first car was invented 20+ companies went for listing 5 yrs later only 1 survived and  its stock was down 90%.
You can imagine the invention of car is a bigger disrupter during its time than EV of today.

Chicken Genius was a genius who cleverly ride the hype made 6million then exit before tesla fell sharply.

During the holding period he psyche himself to hold on to the stock by dreaming of the grand concept of Tesla with target of $4000 stock price. Once he saw if couldn't go there he exited ...profitably....

Unfortunately for Tan Kin Lian and kelvin they cannot leg ho of the pipe dream...the illusion is set heavily in their minds and they cannot exit.

While stocks have potential to go up 10x 20x 1000x ..look at Nike and Microsoft it is possible.

What is possible cannot be guaranteed.

An investor job is always to separate the hype from reality.
An important part is to look at the numbers and assumption behind the numbers.

It is by no means a simple process and often a judgment call.

My opinion is there is nothing to stop tesla fro.falljmg to $60 ...from $130 today.

Once traditional car makers come into the market Tesla will face enormous margin compression as the EV market simply transform into the regular car market ans car makers have PE ratio of 7 not 700.

Toyota stock fell 8% this Yr and Tesla, despite the hype, 55% drop.

Toyota stay away fro. EV because market was too small.
They have all the technology already to go in  and take market share.
[Image: 8Ypxjm2.jpg]

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#19

HOMILY JOHN LU SAYS TESLA MAY DROP TO ARD$100/** BASED ON 200% RETRACEMENT
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