5:1 Tesla stock split

Cyber_Dav

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Why would I want to own Tesla? Once I have cybertruck I will be so gone. Money is for buying stuff and if you already have everything you want what's the point of more?
The thing is, I can't actually buy the Cybertruck yet. So the money was sitting there and I couldn't use it to buy stuff. So early this year I put the price of a Cybertruck into Tesla stock. I got in kind of late, but my stock has more than tripled. So, free Cybertruck.

And that answers the question of why I want to own Tesla.

disclaimer: Never invest money you can't afford to lose. I have no idea what any stock will do tomorrow. I may still lose it all by the time it should be ready to be used to buy a Cybertruck.
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Akgolf

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The thing is, I can't actually buy the Cybertruck yet. So the money was sitting there and I couldn't use it to buy stuff. So early this year I put the price of a Cybertruck into Tesla stock. I got in kind of late, but my stock has more than tripled. So, free Cybertruck.

And that answers the question of why I want to own Tesla.

disclaimer: Never invest money you can't afford to lose. I have no idea what any stock will do tomorrow. I may still lose it all by the time it should be ready to be used to buy a Cybertruck.
Same here.

I couldn’t afford any Tesla(used or new) in 2017 when I put a portion of my IRA into Tesla. That portion could now get me four tri-motor Cybertrucks.
 

Jhodgesatmb

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If you donate to charity they all start calling.... Don't do it!?
Sadly, you are right about the reality that charities sell information [like every business], and I stopped giving to certain charities once I found out and ascertained the fact when they said they wouldn’t stop. I told them that they were giving up a lot more than they were gaining and said goodbye. I think I would rather give and see what happens downstream than to make assumptions up front that apply to everyone. It is certainly a conundrum of our times though.
 

Daweism

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Sadly, you are right about the reality that charities sell information [like every business], and I stopped giving to certain charities once I found out and ascertained the fact when they said they wouldn’t stop. I told them that they were giving up a lot more than they were gaining and said goodbye. I think I would rather give and see what happens downstream than to make assumptions up front that apply to everyone. It is certainly a conundrum of our times though.
We need a "Yelp for Charities" database...
 

Jhodgesatmb

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We need a "Yelp for Charities" database...
There is one, but I forgot where I put the link. It evaluate charities along several metrics. I do not know if they have 'doesn't sell donor information' as an evaluation metric.
 


Teslaman

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Got >200 shares of TSLA, soon to be >1000. Was tempted to take some profit (current cost basis <600)), but I want to see 2 things: The effect of the split, and the effect of the battery day announcement.
 

Daweism

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Got >200 shares of TSLA, soon to be >1000. Was tempted to take some profit (current cost basis <600)), but I want to see 2 things: The effect of the split, and the effect of the battery day announcement.
Sitting on 65 shares post split, the first stocks I ever bought lol. Hoping battery day pushes it up a lot!
 

Red61224

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Got >200 shares of TSLA, soon to be >1000. Was tempted to take some profit (current cost basis <600)), but I want to see 2 things: The effect of the split, and the effect of the battery day announcement.
Just don't do like Uncle Jed did back in the day and move to Beverly, I here the neighborhood has done gone downhill, shucks. In a few years you may very well be a millionaire, go long.
 

Handy Artie

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The thing is, I can't actually buy the Cybertruck yet. So the money was sitting there and I couldn't use it to buy stuff. So early this year I put the price of a Cybertruck into Tesla stock. I got in kind of late, but my stock has more than tripled. So, free Cybertruck.

And that answers the question of why I want to own Tesla.

disclaimer: Never invest money you can't afford to lose. I have no idea what any stock will do tomorrow. I may still lose it all by the time it should be ready to be used to buy a Cybertruck.
If you keep your savings in cash nowadays at 1.3% CD interest rates you are not keeping up with inflation which devalues the dollar an average of 50% every 20 years. Owning shares of good public and private companies is the secret to beating inflation in our current bloated federal government system.
 


SparkChaser

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OP
OP
Youaregoldone

Youaregoldone

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I wish people would not misuse that term. Here's an example of exponetial growth: Stock price today $2000; one year from now $2004; two years from now $2006.01.

Here is another: today $2000, 1 week from now $1809.67, 2 weeks from now $1637.46.
 

RonM

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Stocks are not for the faint of heart. Research, rec

Stocks are not for the faint of heart. Research Research Research But if $1835 is too rich for you, consider at the end of the month you will have 5 shares for every share you purchased. That comes to $367 per share. Consider that Musk is expanding world wide and sinking big bucks into TESLA, what does that sound like? AMAZON! If you want a lighter investment look at LAC, they mine lithium in Nevada. And who’s in Nevada? Tesla Giga Nevada (or Gigafactory 1) is a lithium-ion battery and electric vehicle subassembly factory near Reno, Nevada. And what’s coming up in late September? Battery day! Do your research. Start small and have fun. :geek: :oops::)
I hope some people looked at LAC, just paid off my dual CT with FSD, taxes and all! o_O:sneaky::geek:
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