What's More Exciting - Owning the Stock or the Car?

What's More Exciting - Owning the Stock or the Car?

I didn't think anything could be as fun as owning the car, but after the last two weeks of the market, I'm starting to wonder...

negarholger | 17 mai 2013

The car.
Exitement you can have with many stocks, car you have only one choice at this time.

noel.smyth | 17 mai 2013

yea no doubt, it surreal. the car has been amazing from the get go, but now it seems the world is taking notice. Great two weeks! Honestly cant decide which is better, love them both.

AlMc | 17 mai 2013

You can love them both. Stock appreciation leads to ability to purchase car.

c.bussert67 | 17 mai 2013

The stock makes me loose sleep when it looks like it does now. Crazy!
The car is much more relaxing... | 17 mai 2013

The car (I drive the S-- I am just along for the ride on the stock)

c.bussert67 | 17 mai 2013

Ugh, I left a door open for Brian on that one. See what sleep deprivation does?

Mike C | 17 mai 2013

Love them both, but gotta say the car because I have control over its acceleration.

carlk | 17 mai 2013

@CnJsSigP you are darn right. I woke up 3AM everyday last couple of weeks and could not get back to sleep. I want to check the market (pre-market) that will not be open in a few hours to see how much my TSLA came up.

kenliles | 17 mai 2013

the stock- as it paid for my GENIII a few times over; Once in get the car, I'm guessing I'll change my vote though

Brian H | 17 mai 2013

Cn, yeah, lose.

I seriously think MS-driving is a kind of psychological and physical therapy, though. Make for a few fascinating research projects. Subsonics? Instant responsiveness?

jillalameda | 17 mai 2013

I can't believe anyone who owns a Model S is even asking this. Do you seriously love money more than your MS (and yes, I have stock too).

bradslee | 18 mai 2013

NNT, now Cobrar1339, is back to trash our thread again! I flag it.

Cattledog | 18 mai 2013

Jill - I too vote car, after all I paid approx. $90K for the car when I paid $6K for the first 200 shares of stock. Could have been all stock at that point. Since then it has been all stock purchases, so with multiple data points, I still vote car.

I just turned 50 this year, provides a lot of clarity. Many 'what are you waiting for' moments.

BTW - I love neither money nor cars, it's not good for any of us in the long run.

Cattledog | 18 mai 2013

BTW - I am running a poll on my blog, started late last night so not many data points yet, but currently running 50% car, 33% stock, 17% 3-year car ownership through TSLA financing with half the $ returned after turning car in 3 years later. (Had to offer a third choice!)

stevenmaifert | 18 mai 2013

The stock isn't worth anything until you sell it. Driving Model S is here, now and priceless!

dstiavnicky | 18 mai 2013

After my test drive I ordered my car (which I absolutely love) and bought 2,000 shares of TSLA.

Now I've drive the best car in the world FOR FREE!

c.bussert67 | 18 mai 2013

You nailed it! Plus one more point I like to bring up in having owned several classic mustangs is that the appreciation of these cars will mimic those classics of yesteryear. The car will be your stock!

carlk | 18 mai 2013

Just want to add money allows you to buy anything including MS --and happiness that follows. :-) How exciting the stock can be also depends on how many shares you own. I'm lucky enough to own quite a lot of shares. The reason I bought the stock is I subscribe to Peter Finch's way of picking a good company with good product you know before Wall Street discovered it. If you haven't heard the name he's arguably the greatest stock investor ever lived. There is no question MS is the best product we've seen for a long time.

Captain_Zap | 18 mai 2013

Peter Lynch- One Up on Wall Street
I think this will be one of those 10 baggers he talked about.

The car is more exciting. It's the most fun ride I have had in a long time. Besides, it's changing the world. That is exciting!

carlk | 19 mai 2013

Yes he got plenty of ten-beggers in his investment live. He said find a good company and invest for long term. That's what I will do with TSLA. He also said if you sell two-baggers you will never get a ten-bagger. I hope one day TSLA will become a ten-begger.

DouglasR | 19 mai 2013

@carlk - If hopes were horses, ten beggars would drive Teslas.

Tesluthian | 19 mai 2013

I think it's possible for Tesla to be a 100 bagger. The IPO price was $17, so that's a share price of $1700 , say by 2025. Apple did it in a 25 yr period, 1985 to 2012.

A 1000 bagger for Apple ($2,000/share) is still possible. And if Jobs had stayed healthy, in another $25 yrs I would say a 10,000 bagger ($20,000/share of Apple) in 20 yrs would not have been out of the realm of possibilities. But returns like this are quite rare, like an albino horse winning the Triple Crown and setting an unbeatable record in each race. Stranger things have happened.

The CEO makes a difference. I consider Elon Musk an even better CEO than Steve Jobs, maybe one of the best of all time. His three companies could be serial1000 baggers. While Tesla stock has tripled in less than a year, Solar City stock has quintupled in less than 6 months. The scary/fun part is SpaceX may be Elon's most profitable company by far, and is not gone public yet.

So where does the price of Tesla stock go from here ? $1000/share is quite doable in 20 yrs. That's a 50% per year return if you buy at $100/share. A $10,000 investment now could return $100,000 in 20 yrs. Compare that with CD's, savings accounts or the average diversified stock return of 8-10 % with dividends re-invested.

That's not even much of a stretch for someone like Elon. Stranger things have happened. And some things only happen once in a lifetime. I think you can bet on Elon Musk to beat the competition by a wide margin like this one did, and whose records still stand after over 30 years.

jk2014 | 19 mai 2013

Two-bagger, ten-bagger, tea-bagger... This company (together will all other elon companies) will prove to be bigger than all Peter lynch's investment combined by a magnitude of 10.

jk2014 | 19 mai 2013

What would lynch call an early investment in Rockefeller, Vanderbilt, and Edison? On this type of investment, it only takes one...