I would be VERY careful about buying Tesla stock if I were you

Discussion in 'Stock Market' started by Old Texas Reb, Jul 31, 2018.

  1. bear513
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    bear513 Diamond Member

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    Looks like you didn't read the latest news... What the fuck is he thinking? Is he going mentally I'll?


    .
     
  2. Picaro
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    Picaro Gold Member

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    Some new hire left, and he took a hit off a joint. Big deal. It's just gossip, and we know gossip is what day traders and other gamblers thrive on, since they have no way of knowing what kind of shape any company is in, unless they're the CFO, and quite a few of those don't actually know, either. Somebody reports tomorrow Musk just shit a gold turd in his morning bowel movement and the price jumps; some clown has a wreck in a Tesla, rumors drop the price, and on and on and on and on.
     
  3. bear513
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    bear513 Diamond Member

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    I read it was on a podcast and the airforce is looking into it because he has security clearance.
     
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  4. bear513
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    bear513 Diamond Member

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    P.s. but I do agree with the rest of your post.
     
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  5. Picaro
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    Picaro Gold Member

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    But it was legal where he took a hit, though. I guess the Feds will insist on theirs in this case. State law should trump the Fed on this one, imo. I'm not a fan of Musk, or Tesla, for the record, and don't care if he makes another $20 billion, or loses his ass and has to learn how to make french fries., either way I sleep just as well.
     
  6. bear513
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    bear513 Diamond Member

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    It's not with the law I assume ..




    Here is part of the story


    Air Force is looking into Elon Musk's pot smoking: Source


    Elon Musk's pot smoking: Source
    Michael Sheetz | Ryan Ruggiero
    Published 10 Hours Ago Updated 8 Hours AgoCNBC.com
    • The U.S. Air Force has begun looking into Elon Musk apparently smoking weed on a podcast, a source at the military branch tells CNBC.
    • Musk's SpaceX provides services for the Air Force, with multiple high-value contracts.
    [​IMG]
    Source: YouTube
    Elon Musk smokes marijuana during the Joe Rogan podcast.
    The U.S. Air Force has begun looking into Elon Musk apparently smoking weed on a podcast, a source at the military branch told CNBC on Friday.

    Musk's SpaceX provides services for the Air Force, with multiple high-value contracts. Marijuana use is prohibited for someone with a government security clearance, Fox Business reported, and is the central issue in the Air Force's inquiry
     
  7. Toddsterpatriot
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    Toddsterpatriot Diamond Member

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    Toddster now thinks he's 'psychic' and 'wise',

    Wiser than you.

    just because the price dropped on some news and gossip or other he had nothing to do with

    The price dropped? But you said....

    Yes, you do look more than a little retarded now ... somebody just offered a premium for the company. I was right all along, and you're still just a troll with zero biz sense.

    I would be VERY careful about buying Tesla stock if I were you


    If you were right, how could the price have dropped from $347.64 on August 14, 2018 to $263.24 on Sep 7, 2018?

    Maybe you're confused about the word "offered"?
     
  8. Pavel Svinchnik
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    Pavel Svinchnik Member

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    The earnings per share is a loss, -11.84. At a price of $263.24, that gives a P/E of -22.233. When earnings go negative, the P/E is frequently reported as zero.
     
  9. MarathonMike
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    MarathonMike Platinum Member

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    Is anyone investing in NIO the Chinese version of TESLA? They claim their electric cars are faster than Tesla's. Their stock price is whipsawing all over the place.
     
  10. MarathonMike
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    MarathonMike Platinum Member

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    Wow I didn't think it would be the SEC that would sue Musk!
     

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