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Elon has

At the beginning of the day on Friday Elon had 410.794 million shares --> worth $151.2 billion.

By the end of the day Elon had 413.362 million shares --> worth $163.7 billion --> an increase of almost $12.5 billion in one day.

He knows what is coming.

Note my TSLA allocation is now 42% after it ripped this morning. Tesla gapped up $25. I was buying Synthethic Longs for $25 w a $300 strike only a few days ago... stock is now $425.

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TequilaB

on a rampage, as you say :)

Tj StarScream

Im te.pted to rotate or take profits into mstr..but at this point tsla has more upside and safer than btc..so yeah im in a pickle..

zxcxz

So Musk performed a stock buy-back?

melz

wish i took some profit , could have bought back and had more shares. every share counts . but too nervous to make a move .

Kevin Parsons

I did that, dropped 2/3 of the shares in my ISA this morning and bought back when the rsi started bottoming out a bit. Bagged a couple of extra shares but nothing too substantial!

Nicky DC

To me it is extremely overvalued as I think their car business is now nearly worthless. They have old models, a toxic brand worldwide, disappearing credit revenue streams, and no way to ever make the cars profitable with those headwinds. The capital needed to fix that isn’t worth it to me because I don’t think they will ever sell enough cars to pay for the outlay. I think Musk knows this and I think he needed an easy way to keep the stock up so he buys a tiny amount of stock (for him personally, and for a company with a trillion dollar mkt cap) in order to get the headline he wants. But that doesn’t make anyone more likely to buy his cars.

Drewcifer

Are the new models also old? The cars are already profitable. I think you should do your own research.

marshmellow

Im up 40% on tesla. All do to james.

rkcrypto

Re: $TSLA, with daily RSI @ ~ 80 and the price appreciation over the last several weeks it’s due for a breather, if not a pullback. Easy decision for me to sell shares today along with a call expiring Friday and next Friday 26th. In addition, I’m anticipating market volatility this week between the Fed rate cute Wednesday (historically leads to a market sell off), JP’s speech ,and Triple witching Friday (https://www.bankrate.com/investing/triple-witching/). Many assets are overbought and therefore a 5-10% pullback in the S&P500 would be a healthy reset before the next leg up. If the markets due pullback, assets that are overbought like $TSLA, Tech stocks, GOLD, SILVER, and Crypto will most likely have a greater pullback.

Theresa

What level did you use for covered calls? I've been hesitant to sell them bc I'm always afraid Tesla will rip

Crypto-Cephalon

He's just trying to get back above the Oracle dude.

Degen Dude

I have just come into some money after selling my home and want to invest $100k into Tesla but the price has just shot through the roof. I’m super bullish but am thinking it might pull back to allow me a better entry point. Any advice?