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HardtackOrange t1_j5xu047 wrote

She did it again. How tf is Tesla +33% YTD ?

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BeerPizzaGaming t1_j5ypaaz wrote

Wait until 2 quarters from now. Lots of pull forward demand. These were accounting tricks that were used to bring in revenue and profits early for last quarter from this quarter (something which could not be done if in a dealership model).
Tesla will likely do the same for this quarter based upon how much actual demand/ sales there are. Tesla is likely to hit this quarter due to the IRA applying through March. IF Tesla's do not qualify come April due to the battery sourcing requirements, OR if there are enough materials to source from the Tesla graveyards around the country, we could see a slump the following quarter or revenue and profits beat due to the sale of those raw battery materials to others.
I would never invest in the company because it is way, way overvalued in my opinion, but I will give Tesla credit they are maneuvering nimbly and staying in the news. They are keeping their investor base happy despite some really negative news stories and yet they are able to distract just enough from anything bad that comes out to keep it from impacting the stock price too much.
I honestly think this might be some shady xxxxx investment fund propping up the price due to some back door dealings (not that back door you degenrates).

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RobertsonvsPhillips t1_j5ypnrw wrote

How is it up +33% YTD? a cult, I mean a group of loyal followers dumping money in continuously...

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MetamorphicHard t1_j5ywv0y wrote

Bro is using YTD and it’s not even the end of January yet. A true regard

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ndvDogeDiamondHands t1_j5yx8wo wrote

Did you notice this is WSB? I mean the place where we pride ourselves in the cult of failed enterprise such as BBB Y, GM E, WKH S and God knows how many more...

We freely help ourselves in 0DTE of pre-Ch11 walking dead and you suggest that buying a profitable company is a cult?

I beg to disagree and take my upvote thanks to your display of outstanding regardation.

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HoneydewInMyAss t1_j5z018b wrote

That's not the question...the question is, how did she know?

Insider trading is just an open secret now.

Everyone was calling her a fool a month ago, but now she's a genius?

No, she's fucking corrupt.

People will talk shit about Pelosi all day, but pretend Cathie Wood is getting mystical tips from biblical numerology?

They're all just nakedly corrupt.

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HowdoImakemoney1 t1_j5za3m8 wrote

Bro what she’s been getting killed for over a year. She lowered her cost avg on tsla that makes up a strong % of her fund. No insider you’re just pissed

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Mpy71 t1_j5y9u7e wrote

It dropped like 40% in a few weeks for no material reason, just speculative fud. Not surprising at all.

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Magnasparta1 t1_j5ydigu wrote

You mean the fact that Elon sell shares like crazy and keeps doing so? Oh wait he said he wouldn’t anymore and he’s not lying this time right?

No quarrels with the company but Elon is like a looming threat and boon at the same time. Imagine the stock price rn if he didn’t troll investors with twitter. Crazy.

Even without all that, still wouldn’t buy TSLA. Not yet, keyword: Yet. Consumer buying power is being demolished on a global scale. I just follow the cash and credit lines and a bubble is forming. Unless he cuts prices more idk how people are going to afford to pay. I don’t think the market has priced this in and others can’t convince me otherwise.

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Cramerhater t1_j5yfmf1 wrote

Have you seen the price of a GM or Ford truck lately? They are off the charts.

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Magnasparta1 t1_j624sis wrote

Trucks can have that kind of pricing power because typically they are bought as a business expense. I expect retail sales to slow from trucks dramatically.

Also I don’t think comparing a truck to an electric car is helpful for prediction of TSLA performance.

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wondersparrow t1_j5yfea4 wrote

If every unit made, is sold quickly, how is it time to lower prices? We saw one adjustment when sales slowed, I am sure more will happen when the time comes.

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Magnasparta1 t1_j624f37 wrote

Im not saying it’s time to lower prices right now. I just think there will be another time where lowering the price again might be necessary to make sales. Consumer spending power is peaking, not destroyed yet.

Americans are spending what they don’t have. Units will be sold until banks aren’t willing to lend anymore.

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BeerPizzaGaming t1_j5ypxwh wrote

With the number of Tesla graveyards they are poised to make a killing once the EV battery material sourcing requirement kicks in. They will keep just enough raw materials for their own batteries and then sell the rest to others at a huge premium. People are literally paying $22K for a new battery assembly when the can fix some issues for less than $10 from their local hardware store if they knew what to look for and do.
If there is a case of "right to repair" against Tesla (or Apple and Samsung) then load up on as many Puts as you can.

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RetardGoneDumb OP t1_j5xu9ff wrote

It's literally -47%

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HardtackOrange t1_j5xuaor wrote

Year to date?

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RetardGoneDumb OP t1_j5xv2h1 wrote

22/01/24 $300, 23/01/25 $150. Roughly. Now what's that? +33% or -50%?

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WR_MouseThrow t1_j5xvag3 wrote

Relevant username lol.

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RetardGoneDumb OP t1_j5xvbu3 wrote

Feels like home here

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a_seh_01 t1_j5y10nt wrote

Ytd stands for year to date(1st jan to current date), not year on year.

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RetardGoneDumb OP t1_j5y13wu wrote

That's what I mixed it up with, but several others already stated that thanks 🤷🏼‍♂️

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EatsRats t1_j5ylvx4 wrote

So year to date means the star of the year (January 1, 2023) to today.

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duxpdx t1_j5xw0lo wrote

YTD is Year to date which means from the start of the current year to the current date. That is January 1st 2023 to the current date.

It is not the performance over the past 365 days.

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