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Tesla going to over $6,000 per share

Tesla going to over $6,000 per share

Key Points:
- Ark Investment Management founder Catherine Wood said Tuesday that she believes Tesla could be worth more than $6,000 per share in the next five years.
- Underlying this bullish view is the assumption that Tesla won’t lose its considerable share of the electric-vehicle market, Wood told CNBC.
- Shares of Tesla hit another all-time high Tuesday. The stock has more than doubled since late September.

https://www.cnbc.com/2020/01/14/ark-invest-catherine-wood-tesla-stock-go...

(includes the interview with the crazy lady who once said Tesla was going to be worth $4,000 per share)

Tesla-David | 15. tammikuu 2020

I believe it. Holding long. Go Tesla!

GoldAK47 | 15. tammikuu 2020

But also keep in mind, a single event like a car on autopilot running over children could cause it to drop. (along with a million other scenarios) I wouldnt bet the farm on it either way.

TabascoGuy | 15. tammikuu 2020

No one said there wouldn't be dips along the way. Just think how fast it would get there if the media didn't treat everything Tesla does as a negative. You know, like they do for all of the other manufacturers.

andy.connor.e | 15. tammikuu 2020

@Gold

If that happens its just another buying opportunity. It wont stay down because of an incident.

jimglas | 15. tammikuu 2020

if so, I could retire
wait ..... I already retired

andy.connor.e | 16. tammikuu 2020

time to retire from retirement.

slee44 | 16. tammikuu 2020

I believe it, much better than bitcoin that once had reached 18k.
Go Tesla!!!

GoldAK47 | 16. tammikuu 2020

@andy.connor.e
No doubt, thats how I would look at it as well. (the stock side, not the tragedy)

Now if a democrat gets elected in november, its going to drop. This is pretty certain, since everything runs on speculation in the stock market. Dems will add taxes, which will cut profits, and lower stocks. Trump has done some amazing things for the stock market, its no secret that if you invest...you want Trump in office 4 more years.

jordanrichard | 16. tammikuu 2020

The stock market like the economy is cyclical. Whoever is the sitting President when things are great, gets praised. When things are not great, they get burned at the stake. As anyone knows, any policy changes don't always have an immediate affect so the incoming president inherits either a bouquet of flowers or a pile of sh...... and you don't know until that new president is in office.

finman100 | 16. tammikuu 2020

jesus christ that is NOT good for anyone! stupid is as stupid does.

donald is going to jail. F#$K it's just sad that people support such a poor example of a human.

15,000 lies not enough to "believe" ? failed and bankrupt businesses including a charity!?? a bogus university? speaks like a 5th grader...make that 2nd grader??

how do people live like that and get kudos? wow. just wow. think people. and gather some facts.

andy.connor.e | 16. tammikuu 2020

@Gold

See where i disagree with that is that Tesla is not a regular stock speculation. I look at their business state as it is today vs what it will be in 5 years. If all stocks drop due to a democrat, then it will only be temporary for Tesla. The reason i say that is because right now for Teslas business model; Model Y is not in production yet which is projected to have a higher demand than their total demand right now, Semi and new Roadster is not in production either yet which are both projected for either end of this year or next year, their energy section is projected to be 50% of their entire business which is right now not even at 10%.

I really dont see any reason that their stock would not continue to go up. Tesla has arguably not even gotten started yet.

andy.connor.e | 16. tammikuu 2020

I did also forget to mention that in less than 1 year they built an entire factory capable of 500k cars per year that is currently at 1k/wk. They are ramping up that factory, and they are also in process of building another one in Germany.

If anyone disagrees i would like to hear it, but i dont see any reason that the stock would not continue to increase as Tesla is only expanding at an exponential rate and getting their feet into more and more trillion dollar markets. Everyone tends to also forget they do insurance.

GoldAK47 | 16. tammikuu 2020

@andy
Nah, its still just speculation. What you pointed out is no different than other companies doing different things in their field. I get what you are saying totally, but its easy to get your heart mixed up with your wallet. You like the company obviously, but that doesnt make it any different. I think the stocks will continue to climb over the years. Depends on the policies of govnt to how fast that is.

@jordanrichard
Eh, yes to a point. But the cycles directly reflect the administration. You have someone wanting to raise taxed and punish wealth...well, stocks go down. (happens 100% of the time) You have trump in office, reducing regulations and cutting taxes, stocks go up. Why? because companies can turn bigger profits. The huge climb in jobs shows companies are thriving with these rules...hence stocks breaking records on a weekly basis it seems. The leftist media spins the stocks falling however they need to, but just watch the markets with administration changes....dont listen to crap on tv..just watch. Note it. Repeat.

@finman
Funny thing is, you call him dumb...but he beat everyone in your party. He is a billionaire that became president and has a supermodel wife...seems brilliant. How does your life compare, since you are more intelligent? Or...are you just brainwashed by the left that is angry they lost to a non politician that doesnt play with them? Why would he go to jail? lol what exactly is the crime? beating hillary...haha/ . So you are siding with the party that wants to increase taxes, and then add a wealth tax...so money that is yours gets taxed because you have it. Of course they market it to people as "its only for the evil rich people"....since thats not enough, how long before they add it to everyone? Why wouldnt they, it will be law? What ya going to do? Fight back? Oh no, you cant...you will have no guns, no money....but that doesnt matter right? Sit down, you are officially brainwashed.

TabascoGuy | 16. tammikuu 2020

Apparently ignorance is bliss just like they say.

SCCRENDO | 16. tammikuu 2020

Tesla is more than a car company. It is a disruptor. It has changed the dealership model. It also is an important step in preserving the environment. Once we get rid of Trump and his ;lackeys we can go back to addressing the environment. And Tesla will be king.

andy.connor.e | 16. tammikuu 2020

I guess you think Tesla is not any different from any typical company. Thats the problem!

andy.connor.e | 16. tammikuu 2020

And just for the record:

"I get what you are saying totally, but its easy to get your heart mixed up with your wallet."

I have not yet invested. I am by no means a rich person. So no, its not easy to get my heart mixed up with my wallet, because im actually an advocate to avoid stock market investing and would prefer to invest in assets like property. But i saw this as an opportunity to invest the money im saving for the cybertruck and have Tesla's success assist with the down payment. Why not? Not like im going to fork over $100k, so even if the stock goes down it was a risk i was willing to take with losses that are minimal enough not to chew off my left pinky finger.

But if im to reciprocate that kind of mentality, its easy to get your wallet mixed up in politics, like thinking Trump has anything to do with the market success.

SCCRENDO | 16. tammikuu 2020

@andy. To the contrary. I think they are very different. They are disrupters like Apple, Uber, Air B&B, Amazon. Less than half the country is invested in the stock market. And that is exactly the problem with the economy under Trump. I have made a fortune on the stock market particularly over the past year. Those who are not invested have not done so well. TSLA is my play money. I would never be stupid enough to put a large amount of money in TSLA. I have a very balanced portfolio. I likely have a lot of TSLA stock as part of my overall portfolio because I know Fidelity and Strategic Advisors like TSLA. I personally bought TSLA at $200. When I need the Model X for my wife I will cash in my TSLA to buy it.

andy.connor.e | 16. tammikuu 2020

I use airbnb for my home and pay for half my mortgage with it. TSLA will assist with the cybertruck. This year hopefully Tesla gets the solar roof to my area which will bring 26% total cost as federal tax credits with $5000 state tax credit. I could literally take all that cash and invest it into my home and increase its value. What to do! Maybe ill pump it all into $TSLA. Hard to judge, but on top of that my roof will be printing money instead of acting as a massive expense. Works in conjunction with the airbnb residents cranking space heaters, as well as the electric vehicle that i will add the next year. Compounding investments that increasingly pay off over time i say!

SCCRENDO | 16. tammikuu 2020

I am not sure you read what I said. Only a fool would pump all his money into TSLA. I have directly invested less than 1% of my money in TSLA. I likely have a lot more money than you so the amount I have in TSLA is still meaningful. My financial advisor has me at about 70 % stocks and 30% bonds and moving towards 60/40 with more value vs growth stocks and more high grade bonds in anticipation of the Trump recession. I am coming into a significant amount of cash from the sale of our property and group and will be putting that into a 2nd home to diversify out of the market. But I am an old man on the verge of retirement. As a young guy you could easily take a gamble. If your feelings turn out to be correct you will be able to but the TSLA of your choice. If you blow it you are still young and have plenty of time to make up losses

andy.connor.e | 16. tammikuu 2020

Its an insignificant enough amount of money that if the stock went down 50% it doesnt matter that much. But if it went up at all its doing 100% more than sitting in my account waiting to go down on cybertruck.

Someone closing on retirement would hopefully have more money than someone who graduated from college less than 4 years ago. If you have that kind of cash, why even bother taking risks.

Not really about feelings though. Tesla pulls through every time. They will be a mammoth organization in 5 years.

SCCRENDO | 16. tammikuu 2020

Because I can afford to take a fling. Some of the money was my settlement for diminished value when someone hit my Model S. If I lost the money who cares. I have not touched it since 2016. If I need new Teslas I will use it to buy them. If they money disappears I will have to use other money. If it goes above $6000 I will buy my kids and grandkids Teslas.

If this is the money you need to buy a cybertruck keep it in something low risk.

andy.connor.e | 16. tammikuu 2020

ya, its worth the risk to me. The stock going down 20% in the next 2 years seems less likely than it going up 20%. Especially given if they have very appealing/successful quarterly reports. Battery investor day is also around the corner, man i am looking forward to what is in stock. Production will have easily doubled by next year. When i crunch the numbers, it seems much more likely that value will go up than down. But hey, if it goes down ill eat the risk without chewing off any fingers for it.

Low risk investing wouldnt really yield significant enough results to risk it in the first place. Thats why i decided on just trying it out with TSLA.

andy.connor.e | 16. tammikuu 2020

Besides. Next year we could all be collecting our freedom dividend. What would you do then? probably another Tesla.

SCCRENDO | 16. tammikuu 2020

Andy. It could drop 50%

Maxxer | 16. tammikuu 2020

My aviation stock at bbd.b bombardier fell 35% today’s
I wish I had invested all in TSLA

Fuck Quebec companies and their worthless visions

GoldAK47 | 17. tammikuu 2020

@jordanrichard

Heres a quote from reuters, take it however you want..
" In presidential election years, the market is up an average of 17.9% when a Republican is elected versus an average of -2.7% when a Democrat is elected."
This is exactly what I have seen with my own eyes, and backs up my statement. You cant possibly think if a socialist like bernie or warren, or any of the loonies that want to tax us to death to get rich will possibly have a positive impact on the stock market...can you? One thing is for sure, whenever one gets elected, stocks will tumble, and they will blame trump. Then the cycle starts over....people have a terrible memory it seems. The free crap just sounds too good to pass up I guess.

Either way, none of us know what it will do, but I hope it does well and makes alot of people money. I hope we can all agree on that.

andy.connor.e | 17. tammikuu 2020

If Yang gets elected, everyone has $1000/mo extra in their pockets to spend on companies products to increase GDP across the board. Free crap is the best because as long as you eat the production continues.

I would think every american would agree they want it to do well.

jordanrichard | 17. tammikuu 2020

GoldAK47, did I mention anything at all about Sanders/Warren? I merely said that the economy goes in waves and whoever is the sitting President gets either praised of blame. Should we to blame Obama for the financial crisis in 2008? That melt down was stewing prior to him being President. What administration was in place before him...........

Also BTW, the perhaps in some people's world the stock market is all that matters, that's fine. If you want reality, leave Manhattan and try and find manufacturing jobs, find employers that actually give people the traditional 40 hours a week for hours vs the bare minimum hours to qualify it as "full time". Find employeers who purposely keep people hours under a cap so that the business doesn't have to offer health care options. A friend of mine worked for a company that was expanding, but when the employee headcount got to high, the owners created on paper another company and shifted those employee to the new "company" just so that they didn't have to pay benefits.

The list goes on and on. So go ahead and believe America is great again because the stock market is doing well. That mindset is like many here that there thoughts and concerns are CA centric, not realizing there are other states in the country. Wall Street is literally on a island and there are many on that island that forget there is a world on the mainland.

andy.connor.e | 17. tammikuu 2020

+1 @jordan

Stock market and GDP describes nothing about the health of this country and its people. Only the health of companies financials.

GoldAK47 | 17. tammikuu 2020

Jordanrichard
The stock market matters because it reflects the economy.

The obama administration went into recession because of speculation. Its kinda comical to hear people say, oh well it was something the last republican did and now its hurting the democrat. Just like they are trying to magically take credit for the economy now. When it tanks when the next democrat gets in, it will get blamed on trump. We already know all of this...its like clockwork. How come obama couldnt fix it in 8 years? Why did everything shoot up as soon as election night was over and still hasnt stopped climbing 3 years later? Yea....ok. Use your brain, you dont have to march with the democrats lock step on everything, just promise them their vote...thats all they need.

andy.connor.e | 17. tammikuu 2020

When a hurricane destroys a city and has to be rebuilt, that reflects positively on GDP because all the money spent on products and services to rebuild. We should have more natural disasters.

SCCRENDO | 17. tammikuu 2020

@GoldAK47. How come you Trumpists always have trouble with facts. The stock market tanked after the Bush housing debacle. Obama brought the economy back. Trump built on the Obama recovery. Some of Trump’s policies will likely lead to a crash at some point

https://www.bing.com/images/search?view=detailV2&ccid=lU%2BzEmKK&id=5E85...

andy.connor.e | 17. tammikuu 2020

@GoldAK47
Most of a presidents work does not start to be felt until about 3-4 years afterwards. Hence why the current president always has to spend their time in office fixing (in some cases) what the previous president messed up.

Also, "How come obama couldnt fix it in 8 years?"

What do you mean? That was the worst recession since the crash in 1929. IMO, he brought it back in less than a decade? Good for him. Then Trump inherited that momentum. How about paying attention to what @jordanrichard pointed out:

"in some people's world the stock market is all that matters, that's fine. If you want reality, leave Manhattan and try and find manufacturing jobs, find employers that actually give people the traditional 40 hours a week for hours vs the bare minimum hours to qualify it as "full time". Find employeers who purposely keep people hours under a cap so that the business doesn't have to offer health care options."

Yea Trump is going to fix all of that. Thats what his campaign ran on and did not fix a dam thing. He is not addressing the jobs that are being lost by Amazon and automation. Amazon closes 30% of retail stores and malls and thats the majority of jobs in this country, all while Amazon gets away with paying zero in taxes. Talk about an unsustainable system!

But at least GDP and stocks are up!

jimglas | 17. tammikuu 2020

AK
Obama inheritied the bush depression
truned the economy around
And cut deficit spending every year he was in office
Trump has exploded the deficit and transferred trillions to the 1%

andy.connor.e | 17. tammikuu 2020

who benefits from taxing china? I dont.

SCCRENDO | 17. tammikuu 2020

When China is tariffed and you buy their goods you pay the tariff

jimglas | 18. tammikuu 2020

american citzens pay the chinese tarrifs
the consumer pays the cost

andy.connor.e | 18. tammikuu 2020

cool! Too bad though because you cant create manufacturing jobs in this country when a company is going to just automate them all. Hence, the new issue.