Just sold my Ferrari to buy more TSLA | Page 10 | 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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Page 10 of 69
  1. Nospinzone

    Nospinzone F1 Veteran

    Jul 1, 2013
    7,376
    Weston, MA
    Full Name:
    Paul
    #226 Nospinzone, Mar 4, 2016
    OK, let me know when you've turned in your car, but don't wait for me. ;)
     
  2. Rifledriver

    Rifledriver Three Time F1 World Champ

    Apr 29, 2004
    34,103
    Austin TX
    Full Name:
    Brian Crall
    #227 Rifledriver, Mar 4, 2016
    Well we could kill off half of the adult population of developed countries.....that would help.

    We cant build more roads because the environmentalists won't let us. Any US city built since the start of the 20th century has little or no centralization so public transportation is for the most point pointless and people who can telecommute already are.

    Looks like plan A is our best bet.

    If Scotty could just beam me to work I'd be happy.
     
  3. Rosso328

    Rosso328 F1 Veteran
    Owner Rossa Subscribed

    Dec 11, 2006
    6,831
    Central FL
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    Paul
    #228 Rosso328, Mar 4, 2016
    Temporarily, yes. But at some point, a mysterious transporter accident would deliver 'Evil Rifledriver' goatee and all, doing visual inspections of belts, reusing discarded ignition coils, installing oversize chrome spinner rims, and telling us that 10 year old tires are "Good enough. Loads of tread left."

    No thanks. The risk is just too great.
     
  4. paulchua

    paulchua Cat Herder
    Lifetime Rossa Owner

    Jul 1, 2013
    16,093
    Menlo Park, CA
    Full Name:
    Paul Chua
    #229 paulchua, Mar 4, 2016
    haha...
     
  5. TooTimidAndCheap

    TooTimidAndCheap Karting

    Jul 19, 2015
    105
    #230 TooTimidAndCheap, Jun 27, 2016
  6. norcal2

    norcal2 F1 Veteran

    Sep 21, 2007
    6,815
    Sierra Nevada Triangle
    #231 norcal2, Oct 27, 2016
    Nice bounce...finally had earnings 205
     
  7. TooTimidAndCheap

    TooTimidAndCheap Karting

    Jul 19, 2015
    105
    #232 TooTimidAndCheap, Nov 2, 2016
    TSLA down 20% for the year, so far.
     
  8. ozziindaus

    ozziindaus F1 Veteran
    Silver Subscribed

    Aug 16, 2012
    9,799
    Detroit
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    Sam
    #233 ozziindaus, Nov 2, 2016
    And probably exactly where it was when this thread originated
     
  9. tbakowsky

    tbakowsky F1 World Champ
    Consultant Professional Ferrari Technician

    Sep 18, 2002
    19,387
    The Cold North
    Full Name:
    Tom
    #234 tbakowsky, Nov 2, 2016
    Telsa will go up big time.
     
  10. GTS Bruce

    GTS Bruce Pisses in your Cheerios

    Oct 10, 2012
    793
    Orchard Park NY
    Full Name:
    Bruce Roche
    #235 GTS Bruce, Nov 2, 2016
    Write when they actualy make a profit not including bogus eco green rebates and subsidies.
     
  11. norcal2

    norcal2 F1 Veteran

    Sep 21, 2007
    6,815
    Sierra Nevada Triangle
    #236 norcal2, Jun 8, 2017
    367.34 I hope the OP is still in...

     
  12. Kruegmeister

    Kruegmeister Formula Junior
    Owner Rossa Subscribed

    Nov 24, 2016
    478
    Michigan
    Full Name:
    Kruegmeister
    #237 Kruegmeister, Jun 8, 2017
    I couldn't live with hearing PWM hum over Exhaust V8 goodness...
    Acceleration is cool, but I'm the type that would take a good sounding slower V8 over a faster Turbo Charged V6
    Too each their own tho

    Just realized this was a Dino thread...
     
  13. GTS Bruce

    GTS Bruce Pisses in your Cheerios

    Oct 10, 2012
    793
    Orchard Park NY
    Full Name:
    Bruce Roche
    #238 GTS Bruce, Jun 9, 2017
    Plenty of time to still buy some Macy's stock before it zero's out.
     
  14. buddyg

    buddyg F1 Veteran
    Rossa Subscribed

    Sep 20, 2004
    5,455
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    Buddy
    #239 buddyg, Jun 19, 2017
    Tesla will have to make a profit at some point. They can't keep bleeding money month after month. Investor money will eventually dry up.
     
  15. WJGESQ

    WJGESQ Formula 3

    Dec 30, 2004
    1,477
    #240 WJGESQ, Jun 19, 2017
    ADMP is equally as frustrating.
     
  16. bkthomps

    bkthomps Formula Junior

    Dec 22, 2012
    293
    USA
    #241 bkthomps, Jun 19, 2017
    Buying single company stocks is a bad strategy these days, too many better options in mutual funds in my opinion
     
  17. Jana

    Jana F1 Veteran

    Mar 4, 2015
    9,872
    #242 Jana, Jun 20, 2017
    For long term hold, maybe, but I bought Tesla at $180 and Apple at $92. I'm pretty happy right now.
     
  18. Bas

    Bas Four Time F1 World Champ

    Mar 24, 2008
    41,426
    ESP
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    Bas
    #243 Bas, Jun 20, 2017
    They keep borrowing more and more, Tesla board is not transparent = red flags.
     
  19. JERRYZ

    JERRYZ Formula Junior

    Sep 1, 2004
    658
    Orange County, CA
    #244 JERRYZ, Nov 20, 2017
    Yes in Feb of 2014 it was at a high of $240/share. It's now over $300. So I agree with you to buy low and sell high.
     
  20. JERRYZ

    JERRYZ Formula Junior

    Sep 1, 2004
    658
    Orange County, CA
    #245 JERRYZ, Nov 20, 2017
    Like I said I lost interest in Ferrari so that's why I haven't been here for quite a while. I finally came back because I was at the Tesla Design Center last Thursday where the Roadster was released. I was curious what Tesla attackers from a few years ago were now saying. For $200k you can get a Tesla that looks like an exotic and OUTPERFORMS every exotic ever made. 620 miles of range. First production car to ever beat a 9 second 1/4 mile. It may not handle as well as an exotic on the track but what percent of miles driven are on a track?
     
  21. Gh21631

    Gh21631 F1 Veteran
    Silver Subscribed

    Feb 24, 2011
    8,338
    East
    #246 Gh21631, Nov 20, 2017
    This car doesn't exist and probably never will but they do need the hype...
     
  22. JERRYZ

    JERRYZ Formula Junior

    Sep 1, 2004
    658
    Orange County, CA
    #247 JERRYZ, Nov 20, 2017
    I am not a trader so still long. I plan on holding these shares until the middle part of the next decade. So all of this fluctuation in between is just noise.

    There is no competition coming from the big boys. Why do you think the Mercedes S class has seen declining sales every year since Tesla has been in full production? That is their flagship product. They claim they will have a competitive product in the next decade.That is a full 8 years of getting their ass handed to them. They would have had a competitive product on the road now if they knew how to build efficient EV's.
     
  23. BMW.SauberF1Team

    BMW.SauberF1Team F1 World Champ

    Dec 4, 2004
    14,244
    #248 BMW.SauberF1Team, Nov 20, 2017
    Thread created Feb 11, 2014.

    Tesla closed at 196.62 that day. Today 308.74. $0 in dividends. Up 57%.
    VOO (S&P500 ETF) closed at 166.75 that day. Today 237.21. $14.74 in dividends since then (link) so total $251.95. Up 51%.

    VOO is still better simply because it has far less volatility than Tesla. Tesla's 6% advantage is not worth that risk.
     
    carguyjohn350 and Ripped Fat like this.
  24. JERRYZ

    JERRYZ Formula Junior

    Sep 1, 2004
    658
    Orange County, CA
    #249 JERRYZ, Nov 20, 2017
    The prototype was giving test rides last Thursday night, the car does exist. And Elon ALWAYS delivers, he's just usually late. Big deal.
     
  25. JERRYZ

    JERRYZ Formula Junior

    Sep 1, 2004
    658
    Orange County, CA
    #250 JERRYZ, Nov 20, 2017
    That's funny that you think you are teasing us Tesla drivers with your exhaust note. We are actually laughing at your old technology as it is farting into the air. I used to love a good exhaust note. I modified my 430 to make it raspier and it sounded so sweet. But then the light went on and I realized i was driving old technology and the exhaust note represented that. When I hear a loud exhaust note today I comment "big bark, little bite". The exhaust "implies" top performance because that's what it meant in our recent past. But now I know that my car is MUCH faster than the noisy farter.

    Change takes time. Some people still chrome their wheels. Some people took forever to give up the tactile buttons of their Blackberry before they realized the world had left them behind for a smartphone. I prefer to embrace change when that change is a better product. So my silent Tesla acceleration satisfies me in knowing it's faster than any gas powered car on the road.
     
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