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Tesla is buffing out Foundation Series badging for non FS resale

Crissa

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Will $80k “FS“ buyers still get the 35” premium wheels and tires? Interior badging on the dash? The FS storage console on the floor? Hold down cleats in the bed, etc?
Anything that's installed probably will remain installed.

Honestly, sounds like alot of work to downgrade them... but we don't know what inspections they failed or what they're really doing. It's all rumor so far, and we can see actual Foundation Series in their inventory they're selling.

So... ?‍♀

-Crissa
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Gilbertus

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Please Elon, send me mine to Luxembourg/Europe. I'll will gladly pay my reservation I have since 2019, but not the FS price.
 

GatorCyber

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Funny. Nothing here on the forum. Fred Lambert is obviously envious that he sold off all his $TSLA in the low 200s and has missed this last double up. He's at it again today about a HW4.1 chip on the verge of a recall.
 

mbdsb

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Sorry to be the bearer of bad news but...
IMG_F3FDA6214151-1.jpeg
Exactly. That 15-20x multiple a bunch of us got buying in 2019 or earlier and then selling in 2021 or later was pretty sweet.

The recent spike is nice, but it's still a less than 3x multiple for people who bought in 2021 or later.

Unless you're using leverage, options, ...
 

HaulingAss

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Exactly. That 15-20x multiple a bunch of us got buying in 2019 or earlier and then selling in 2021 or later was pretty sweet.
I started buying TSLA in the first half of 2019 when I realized they were going to turn profitable later that year. But the price was still falling. On June 4, 2019 I doubled the position I had been building at $184 and change per share. That puts my split adjusted cost basis at $12.32 per share. So far I've already multiplied that by over 37 times.

I'm not bragging, I'm just saying the getting was potentially better than you indicated. By a lot!

The recent spike is nice, but it's still a less than 3x multiple for people who bought in 2021 or later.
In April of this year, just 8 months ago, there were multiple days when you could have easily bought TSLA shares for between $139 and $150.

That's more than a 3X multiple in well under a year. The reason more people didn't take advantage of it is a good indication of just how few people understood the false narratives being propagated by the media. They ranged from Tesla is dead last in the race to autonomous driving to no one wants to buy a Tesla anymore to Tesla failed in their battery manufacturing efforts. It's pretty hard to invest in Tesla if you are a person who thinks the media is giving you an accurate picture of what's really happening.

I just took profits on 10% of my shares, but plan on holding most of the rest of it through any corrections on the way to $2000/share. I wouldn't have taken profits so early in Tesla's growth curve except certain state tax rules encourage us to take some profits each year, and the wife and I want to buy a new place to live (and we choose to live mortgage free).

A multiple of 3X might not sound like much to you, but that is just the tip of the iceberg. Because investment gains compound. String together three 3X's and you have a 27X (but only if you can string together the three 3X's without selling each time and paying capital gains). That's why buying and holding growth companies can be so life changing. It's the power of compounding growth and deferring capital gains until you need the money.

I will never complain about tripling my money in less than a year (or even if it takes three years)! Because compounding. People who always only look at the short-term picture, or sell every time they have a stock that doubles or triples, rarely get into the good part of the compounding growth curve.
 
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DfibRL8R

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Exactly. That 15-20x multiple a bunch of us got buying in 2019 or earlier and then selling in 2021 or later was pretty sweet.

The recent spike is nice, but it's still a less than 3x multiple for people who bought in 2021 or later.

Unless you're using leverage, options, ...
No options, just all in since 2013
 

Speednet

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IronJoe

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You sold???!!! TSLAQ!!!






;)
Off topic, but I was on the Model 3 forums back when we were waiting for delivery (1st day res holder) and I remember a bunch of folks selling $TSLA stock to pay for their new Model 3. It was kind of a fun idea, as you invested in the company and that investment had grown to the point where you could buy one.

I just did the math and at 2017-18 prices, those shares would be worth well over a million dollars today. RIP ?
 


YDR37

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So this guy owns a Cyberbeast and a Model 3, apparently in Texas. His Model 3 was parked and got hit by a pickup, as shown on the posted video. So he took it to a Telsa service center and found this:
Was at Tesla collision center for my model 3 and saw a ton of cyber trucks. I asked they are here and he said they are sanding off the foundation labels to make them non foundation series. So straight up taking off the words foundation on existing vehicles
There are 30 perfect condition foundation cyber trucks at the Tesla collision center and they said they are converting them to normal.
They are no longer selling foundations and the leftover ones apparently are going to be sold as normal trucks
 

BannedByTMC

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Fred Lambert lost all credibility as an EV journalist long, long ago. Sensationalized, poorly-researched, anonymous-sourced, and general FUD-spreading writing, are now his MO. Sad, but true.
Not Fred Lambert ?
So this guy owns a Cyberbeast and a Model 3, apparently in Texas. His Model 3 was parked and got hit by a pickup, as shown on the posted video. So he took it to a Telsa service center and found this:
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