Just sold my Ferrari to buy more TSLA | Page 40 | FerrariChat

Just sold my Ferrari to buy more TSLA

Discussion in 'Ferrari Discussion (not model specific)' started by JERRYZ, Feb 11, 2014.

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  1. Tamahal

    Tamahal Formula Junior

    Mar 8, 2019
    480
    Full Name:
    TAMAHAL
    I’ve owned my model S for 6 years now and have 100k miles on it. It’s a good car no complaints, and yes I’d get another Tesla.


    Sent from my iPhone using FerrariChat.com mobile app
     
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  2. m5shiv

    m5shiv Formula 3
    BANNED

    Feb 25, 2013
    1,259
    SF Bay Area
    Full Name:
    Shiv
    I'm waiting for my tri motor Cybertruck
     
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  3. becker

    becker Formula Junior

    Feb 20, 2001
    339
    Arlington VA
    Full Name:
    Becker Cuéllar
    For a commute car I see the savings but for a road trip still at least for me it is chancy on getting stranded or u have change your route ... My last one a couple of months ago I did a Seattle DeathValley Seattle little drive and I like to do secondary roads to add hiking and stuff not sure I can use a Tesla for that.
     
  4. Tamahal

    Tamahal Formula Junior

    Mar 8, 2019
    480
    Full Name:
    TAMAHAL
    In California there is a supercharger every 100 miles, charge anxiety is a mute point. But I totally understand if charging is an issue. It’s never been for me. Don’t get me Wrong , I’m not a hardcore Tesla supporter, just like my model S.


    Sent from my iPhone using FerrariChat.com mobile app
     
  5. XSpeed

    XSpeed Formula Junior

    Jan 6, 2019
    408
    Full Name:
    SX
    Don't know about the stocks but the car falls apart after 200kmh. the noise, the instability and shaking, i hated every part of the tesla while driving it.
     
  6. becker

    becker Formula Junior

    Feb 20, 2001
    339
    Arlington VA
    Full Name:
    Becker Cuéllar
    I happened yo walk into a Tesla @ Tyson corner just to see what's the fuzz about it, they were about to close & starting talking to the guy ..he said the P model is good also for the track he said he can prep one up 4 a test drive was leaving for the West coast next day so I didn't get to try it... we talked what u see on most of the videos they take off and beat a porsche up to 90-100 then it is sayonara might be what u r saying
     
  7. randkin

    randkin Formula 3
    BANNED

    Aug 2, 2015
    1,497
    Somis, CA
    Full Name:
    Randy
    I don't know but the video at the Ring with the Tesla S broken down at the side of the road getting ready for a tow while the Taycan cruses by kind of says it all. The Tesla seems to be a very fast grocery getter but not well equipped for the track. Not that I think a 6k Taycan is really a track car either. I haven’t driven either yet but I will likely drive a Taycan to see if I want it for a DD but it won’t replace my other Porsches or 612. It could replace my Pano TS??

    I really doubt the charging facilities will be very convenient for several years and charging a Taycan at Walmart is not my idea where I want to spend 22-30 minutes hanging out waiting for a charge.
     
  8. mchas

    mchas F1 Veteran
    Silver Subscribed

    Oct 5, 2004
    5,903
    Los Angeles
    Full Name:
    Mark
    TSLA stock price the day this thread was started was right around $200/share. Today it is at $492/share. 2.5x increase. Definitely a better return than an F430 over the same time period. Looks like @JERRYZ hasn’t been on here in a while but I hope he has held the stock this whole time!
     
  9. Natkingcolebasket69

    Natkingcolebasket69 F1 World Champ

    i think he did. Speculating of course. U got believe in it and be in it for the long run with that stock because it sure has been a roller coaster!
     
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  10. Schatten

    Schatten F1 World Champ
    Owner

    Apr 3, 2001
    11,237
    Austin, TX
    Full Name:
    Randy
    Really really late response on this but... the broken down Tesla S was a development car for the Tesla Model S Plaid. (Spaceballs reference). You can tell the diff with extended fenders. Chassis still in Dev.

    As for the stock, hot damn it’s doing well.
     
  11. randkin

    randkin Formula 3
    BANNED

    Aug 2, 2015
    1,497
    Somis, CA
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    Randy
    Randy - You are right about the stock it certainly has been hot lately perhaps this can be best described as "irrational exuberance"? They did finally make a small profit for one quarter last year.
     
  12. Tamahal

    Tamahal Formula Junior

    Mar 8, 2019
    480
    Full Name:
    TAMAHAL
    Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login

    Just hit 100k on this bad boy... exterior and interior holding up well (8/10). Major expenses have been tires for me. I have the 21” rims and the tires have to be replaced every 15k miles. With the occasional flat here and there , I’ve replaced the set of tires 7-8 times now. Besides that I changed a window regulator for $350ish and replaced front breaks for $750ish, been a fun car. But..... but ...... there is no comparison to my F430, no way no how. Anyone who sells their Ferrari to buy a Tesla is crazy.


    Sent from my iPhone using FerrariChat.com mobile app
     
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  13. AshAP

    AshAP Karting

    Apr 14, 2018
    142
    Full Name:
    Ash
    JERRYZ likes this.
  14. Natkingcolebasket69

    Natkingcolebasket69 F1 World Champ

    Looks like JerryZ was a genius as of today :)
     
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  15. FLORIDAsnakeEyes

    FLORIDAsnakeEyes Formula 3

    Jul 7, 2015
    1,146
    Sarasota, Florida
    Full Name:
    OC
    I have to admit. Tesla is crushing it. I like their cars. But nothing, nothing is a Ferrari but Ferrari.

    Sent from my SM-F900U using Tapatalk
     
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  16. dodici

    dodici Karting

    Mar 24, 2007
    99
    Bay Area, CA.
    Full Name:
    Dale
    I did it a little differently than the title of this thread. Kept my Ferrari, invested in Tesla, just ordered my Tesla. An incredibly inexpensive car today when it was paid for with 8 year old Tesla stock.
     
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  17. paulchua

    paulchua Cat Herder
    Lifetime Rossa Owner

    Jul 1, 2013
    15,979
    Menlo Park, CA
    Full Name:
    Paul Chua
    Just wanted to keep tabs.

    Assuming say he sold his 430 Spyder back in 2013 for $150,000 and invested it all in Tesla on the day he posted this.

    Today would have had an intraday high of $754,273.

    @JERRYZ wherever you are, I hope you are enjoying - well done sir.
     
  18. Natkingcolebasket69

    Natkingcolebasket69 F1 World Champ

    Assuming he never sold too!

    This has been a bitcoin-esque rise to say the least!

    I don’t have that many shares of Tesla but every time I have been looking at my stocks lately it’s bee Sky rocketing !


    Sent from my iPhone using Tapatalk
     
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  19. paulchua

    paulchua Cat Herder
    Lifetime Rossa Owner

    Jul 1, 2013
    15,979
    Menlo Park, CA
    Full Name:
    Paul Chua
    I remember there were a lot of skeptics. I guess when even GM is paying millions to market it's 100% electric "Hummer" on the Superbowl, people are starting to realize what you and I see everyday in the Bay Area for years now.....

    I guess what I never understood is the hate. I like ICE, but I also like Electric.

    It was never an either/or proposition. I can like Techno AND Classic Rock.

    I can like Tube Amps AND Solid State.

    I can enjoy my iWatch AND Patek Phillipe....

    list goes on and on and on....
     
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  20. ChipG

    ChipG Formula 3

    May 26, 2011
    1,722
    Santa Monica, CA
    Today the Intraday high was 968.99 that's just crazy.
     
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  21. Natkingcolebasket69

    Natkingcolebasket69 F1 World Champ

    Agree it’s about embracing change. That being said, in the other state I live, FL... it’s like a different country. CA is like its own word leading the change but you don’t see the rest of the world so ready just yet.
    I use a fiat electric to commute and I love it, and I love the f car and it’s sound too. I think as a car guy there is nothing wrong I being open to liking everything or at least consider other options;)


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  22. ChipG

    ChipG Formula 3

    May 26, 2011
    1,722
    Santa Monica, CA
    I have always said the other car manufacturers have not gone the 100% electric route like Tesla because it has not been profitable in the past but now that battery cost is really coming down (the most expensive part of an electric vehicle) almost every car manufacturer has the ability to make better cars than Tesla and they are this close to making it happen. In 5 years I'll revisit this post :)
     
  23. paulchua

    paulchua Cat Herder
    Lifetime Rossa Owner

    Jul 1, 2013
    15,979
    Menlo Park, CA
    Full Name:
    Paul Chua
    Though not a luddite, I'm generally skeptical of new things myself. I would be a liar if I said I didn't have my doubts about Tesla, I thought it would go out of business. I also didn't support it from any environmental perspective, especially knowing the fact that it was government subsidized.

    The a-ha moment for me though was 0-60 in 2.3 and 1/4 in 10.4 seconds for 150K. That's just objective fact nobody can deny. Now it's one thing if the car self destructs after a few runs like this, but our Teslas have been running well for years.

    Once I saw this and knew these 3 things

    1) The price will only go down
    2) Reliability will only go up
    3) It will only get faster

    I knew Tesla 'made it.'

    Can it still go out of business? Of course!! Just like many other car companies that needed bailouts in 09' to keep the lights on....

    I think all the other auto manufacturers know this now too.

    Does this somehow mean I hate Ferrari? Heavens NO!! If anything I love Ferrari even more, knowing it offers something that is yet one more thing that is not a commodity.
     
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  24. randkin

    randkin Formula 3
    BANNED

    Aug 2, 2015
    1,497
    Somis, CA
    Full Name:
    Randy
    The talk is many traders sold Tesla short thinking it would tank and when it went up they had to jump and cover their shorts thus driving it up even more. Tesla has been a real roller coaster currently on a big up swing, anyone think there maybe some big sell offs in the future?​
     
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  25. ChipG

    ChipG Formula 3

    May 26, 2011
    1,722
    Santa Monica, CA
    CNBC had some good points about its shareholders this morning, most green people have a tendency to hold green investments 10 times longer than an institutional investor. Also, Robinhood (an investment app for millennials) over 1 million of them bought at least 1 share of TSLA in the last week.
     

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