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Tesla is on sale! $TSLA

NinaStarks

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Tesla is currently trading at 690.69!


Are you purchasing ?




39 Year Old Earned 12 Million from Tesla Stock! Retires!



Tesla drops as much as 13%, turns negative for the year
Pippa Stevens
105797035-1614083201704-105797035-1552679214210gettyimages-1130604361.jpg

Tesla CEO Elon Musk speaks during the unveiling of the new Tesla Model Y in Hawthorne, California on March 14, 2019.

Frederic J. Brown | AFP | Getty Images

Tesla stock slid again Tuesday as investors rotated out of high-flying tech names.

Shares of the electric vehicle maker dipped as much as 13% — the stock’s worst day since September — before recovering most of those losses. At 10:30 a.m. on Wall Street, shares were down 3%.

Tesla shed 8.55% on Monday, and the stock is now down more than 15% for the week. With Tuesday’s losses, Tesla turned negative for 2021.

The car maker is the poster child for disruptive tech stocks, which investors favored in the depths of the pandemic. However, the prospects of new stimulus measures and a widescale vaccine rollout have recently made beaten-down and cyclical sectors more attractive to investors.

Tesla is on track for its third straight week of losses. The stock also broke below its 50-day moving average for the first time since November. Moving averages are technical indicators used to determine momentum.

The company is also now exposed to the swings in bitcoin prices after buying $1.5 billion of the cryptocurrency. Bitcoin has dropped 10% in the last 24 hours to break below $50,000 on Tuesday, according to data from Coin Metrics.

Tesla finished 2020 as one of the top-performing stocks of the year. That momentum carried into 2021, with the stock hitting an all-time high on Jan. 25. However, since that high, the stock has tumbled 28%.

The company is not the only tech name that’s experienced selling pressure in recent sessions.

On Monday, the tech-heavy Nasdaq Composite dropped 2.5% as Apple, Amazonand Microsoft fell more than 2%. The Nasdaq added to those losses on Tuesday, dropping 1.7%.

Tesla shares tumble from their record high

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NinaStarks

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How many shares should one buy?

After research, only put in what you can afford to lose or do not need. I think the shares will recover before the end of this month.

I will grab a couple because I have extra cash in my brokerage from a recent sale .
 

Ilurkedforyears

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Tesla is currently trading at 690.69!


Are you purchasing ?




39 Year Old Earned 12 Million from Tesla Stock! Retires!



Tesla drops as much as 13%, turns negative for the year
Pippa Stevens
105797035-1614083201704-105797035-1552679214210gettyimages-1130604361.jpg

Tesla CEO Elon Musk speaks during the unveiling of the new Tesla Model Y in Hawthorne, California on March 14, 2019.

Frederic J. Brown | AFP | Getty Images

Tesla stock slid again Tuesday as investors rotated out of high-flying tech names.

Shares of the electric vehicle maker dipped as much as 13% — the stock’s worst day since September — before recovering most of those losses. At 10:30 a.m. on Wall Street, shares were down 3%.

Tesla shed 8.55% on Monday, and the stock is now down more than 15% for the week. With Tuesday’s losses, Tesla turned negative for 2021.

The car maker is the poster child for disruptive tech stocks, which investors favored in the depths of the pandemic. However, the prospects of new stimulus measures and a widescale vaccine rollout have recently made beaten-down and cyclical sectors more attractive to investors.

Tesla is on track for its third straight week of losses. The stock also broke below its 50-day moving average for the first time since November. Moving averages are technical indicators used to determine momentum.

The company is also now exposed to the swings in bitcoin prices after buying $1.5 billion of the cryptocurrency. Bitcoin has dropped 10% in the last 24 hours to break below $50,000 on Tuesday, according to data from Coin Metrics.

Tesla finished 2020 as one of the top-performing stocks of the year. That momentum carried into 2021, with the stock hitting an all-time high on Jan. 25. However, since that high, the stock has tumbled 28%.

The company is not the only tech name that’s experienced selling pressure in recent sessions.

On Monday, the tech-heavy Nasdaq Composite dropped 2.5% as Apple, Amazonand Microsoft fell more than 2%. The Nasdaq added to those losses on Tuesday, dropping 1.7%.

Tesla shares tumble from their record high

Subscribe to CNBC PRO for exclusive insights and analysis, and live business day programming from around the world.


Too rich for my blood. I think it’s going to go down some more.
 

Ilurkedforyears

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I agree it’s too high but it’s on sale
I
I agree it’s too high but it’s on sale


You have my support! Go for it.
I do believe in Elon’s ability. His ex-wife said he started the company in response to Global Warming.

*Not that you need my support. But, I think you understand the spirit of the statement.
 

PettyLesbian

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So are people thinking it’s an overvalued stock? Does that mean that what something is amiss with the money at Tesla? I’m confused!
 

MoodyD

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Ugh I have money to invest but I have no knowledge on investing!!! Any tips or quick self help anything so I can ride the wave!? I have 500 to 1k to play with

edit: I don’t understand the wtf rating... but okay
 
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NinaStarks

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FYI if you can’t afford to foot the bill on Tesla right now there are ETFs and funds that hold TSLA.

ARKK $135.24 (.75 expense ratio) and any S&P fund ...


I do not own ARKK but I do own S&P funds
 

Ilykeggs

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FYI if you can’t afford to foot the bill on Tesla right now there are ETFs and funds that hold TSLA.

ARKK $135.24 (.75 expense ratio) and any S&P fund ...


I do not own ARKK but I do own S&P funds

I came in here to say this. Same for apple. I have 30% of my 401k in the s&p 500 so I don't have to buy each and very single one of these bigger stocks. I've got some ETF'S in different industries as well.

I recommend index funds and ETF to everyone over buying individual stocks.
 

Sexc_

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I came in here to say this. Same for apple. I have 30% of my 401k in the s&p 500 so I don't have to buy each and very single one of these bigger stocks. I've got some ETF'S in different industries as well.

I recommend index funds and ETF to everyone over buying individual stocks.
omg i need to learn more about this! because i buy individually! UPDATE: so i did research and i found this information helpful you basically investing into the whole market instead of doing each stock individually! but my question is where can buy the share at? i am interested in index funds! do you use vanguard?
 
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Ilykeggs

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omg i need to learn more about this! because i buy individually! UPDATE: so i did research and i found this information helpful you basically investing into the whole market instead of doing each stock individually! but my question is where can buy the share at? i am interested in index funds! do you use vanguard?

Vanguard has an ETF similar to the S&P 500 called $VOO.
 

roritea

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please I would like to know where you buy these shares, what website or trading platform you use to buy these stocks?
After research, only put in what you can afford to lose or do not need. I think the shares will recover before the end of this month.

I will grab a couple because I have extra cash in my brokerage from a recent sale .[/QUOT
 

flon25

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It’s my goal to own at least 40 shares of Tesla. I have 8 lol. I have some ARKK.
 

NinaStarks

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Tesla shares spike after company posts record quarterly deliveries, gets analyst upgrade​

Emily McCormickMon, April 5, 2021, 9:15 AM
Shares of Tesla (TSLA) jumped more than 7% in early trading Monday morning after the electric-vehicle maker posted record quarterly deliveries between January and March, topping Wall Street's expectations and prompting at least one firm to upgrade the stock.

The company delivered 184,800 vehicles in the first quarter, Tesla announced on Friday. This more than doubled last year's 88,400 first-quarter deliveries, and exceeded its prior quarterly record of 180,570 hand-overs from the fourth quarter of 2020. The stock market was closed on Friday in observance of Good Friday, leaving traders several days to digest the results.

Deliveries of Tesla's more affordable Model 3 and Model Y vehicles comprised the vast majority of the overall first-quarter tally, with these combined coming in at 182,780. Tesla produces both models at its Shanghai Gigafactory, which began making deliveries just over a year ago. By contrast, Tesla handed over 2,020 of its more expensive Model S and X vehicles in the first three months of this year.

"We are encouraged by the strong reception of the Model Y in China and are quickly progressing to full production capacity," Tesla said in a statement.

Production also grew strongly in the first three months of the year, increasing to 180,338 Model 3 and Model Y vehicles combined. This came even as automakers across the industry contended with a months-long global chip shortage, and as coronavirus-related disruption continued to weigh on supply chains globally.

Wedbush analyst Dan Ives upgraded the stock to Outperform from Neutral in the wake of the company's delivery figures and added it to the firm's "best ideas" list. Ives also raised the company's price target to $1,000 from $950, with a $1,300 target in a best-case, longer-term scenario. Tesla shares closed Thursday's session at $661.75.

"In our opinion the 1Q delivery numbers released on Friday was a paradigm changer and shows that the pent-up demand globally for Tesla's Model 3/Y is hitting its next stage of growth as part of a global green tidal wave underway," Ives wrote in a note Sunday. "We now believe Tesla could exceed 850k deliveries for the year with 900k a stretch goal, despite the chip shortage and various supply chain issues lingering across the auto sector."

The company logo is pictured on a Tesla Model X electric vehicle in this picture illustration taken in Moscow, Russia July 23, 2020. Picture taken July 23, 2020. REUTERS/Evgenia Novozhenina


The company logo is pictured on a Tesla Model X electric vehicle in this picture illustration taken in Moscow, Russia July 23, 2020. Picture taken July 23, 2020. REUTERS/Evgenia Novozhenina

Tesla delivered just under 500,000 vehicles in 2020.

While "robust" demand out of China and Europe were likely behind the first-quarter deliveries beat, a "green tidal wave" in the U.S. is likely to stoke further domestic demand as well, Ives noted. President Joe Biden's more than $2 trillion infrastructure plan included a range of policies that would boost clean energy investment, and benefit companies like Tesla in this arena.

"A dynamic we believe is significantly underestimated by the Street is the current EV tax credit situation manifesting domestically in the U.S.," Ives explained. "With Tesla (as well as GM) hitting its 200,000 unit tax ceiling, there has been a price disadvantage vs. competitors within the U.S. not being able to utilize the $7,500 EV tax credits."

"We believe this dynamic is about to change in a big way for Tesla as we expect Congress to ultimately remove the ceiling on the EV tax credits as part of the broader $2.3 trillion Biden Infrastructure Plan and also moving this potentially to a ~$10,000 credit to catalyze EV consumer demand," he said.



Emily McCormick is a reporter for Yahoo Finance. Follow her on Twitter: @emily_mcck
 

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