I may not be able to buy a Cybertruck unless something changes. Anyone else?

Doneski

New member
First Name
Don
Joined
Oct 17, 2020
Threads
1
Messages
3
Reaction score
10
Location
Boston MA
Vehicles
Cybertruck hopefully in 2023, Subaru Forester now.
Occupation
Business analyst
Country flag
I’m sure I’m not the only one in this boat:
- My Tesla stock has lost $100,000.
- I can’t afford the 1st Cybertruck on order (dual motor) unless the stock bounces back by the time mine is made (600,000 th.)
- I can’t justify the 2nd (tri motor) unless the first can make money as a robotaxi (like Elon promised).

 

SparkChaser

Well-known member
First Name
Leigh
Joined
Sep 10, 2020
Threads
16
Messages
329
Reaction score
490
Location
San Francisco CA
Vehicles
CyberTruck Ticket Holder, Ford Ranger, Mini Coup
Occupation
Airline Inspector
Country flag
I am in the 400k area of delivery so there is still time for my stock to cover it. Currently about 30k
 

charliemagpie

Well-known member
First Name
Charlie
Joined
Jul 6, 2021
Threads
18
Messages
1,351
Reaction score
2,228
Location
Australia
Vehicles
cybertruck
Occupation
retired
Country flag
Yes here too. I said as much in a recent post. More of a hypothetical.

I am not worried.
If Tesla doesn't recover, we will all go down. It will be a bigger issue, not just a recession.

In March 2020 TSLA stock went through the same thing.. Much worse than now.

6 months later the stock went up 5 fold or whatever.

Whatever the current tribulation, when it's time to recover , TSLA IMO will b alive on the other side.

IMO not only will the stock price increase to adjust this last 12 months improvement, it will increase in accordance with 2023 1st and 2nd qrt results.

Plus, it will restore a higher PE. A quick doubling or tripling is not out of the question.
 

Ogre

Well-known member
First Name
Dennis
Joined
Jul 3, 2021
Threads
128
Messages
7,968
Reaction score
19,577
Location
Ogregon
Vehicles
Model Y
Country flag
I’m sure I’m not the only one in this boat:
- My Tesla stock has lost $100,000.
- I can’t afford the 1st Cybertruck on order (dual motor) unless the stock bounces back by the time mine is made (600,000 th.)
- I can’t justify the 2nd (tri motor) unless the first can make money as a robotaxi (like Elon promised).
We talked about this a while back. You should never rely on any stock being a specific value when you need it.

That said… we’re 6 months from the first possible customer deliveries and you are unlikely to see your truck for at least a year after that. Likely 2 years. It’s very likely Tesla will not be in this rut for 2+ years. Unless you sold probably just hang onto the stock. The next couple quarters might open some eyes up.

If/ when it recovers, set aside the Cybertruck funds in a nice safe savings account.
 

charliemagpie

Well-known member
First Name
Charlie
Joined
Jul 6, 2021
Threads
18
Messages
1,351
Reaction score
2,228
Location
Australia
Vehicles
cybertruck
Occupation
retired
Country flag
Correct...
Relying on the price to buy a CT is not a commitment,... just don't buy it.

But if you had a mortgage settlement... Don't fly from the seat of your pants.
 


jerhenderson

Well-known member
First Name
Jeremy
Joined
Feb 20, 2020
Threads
6
Messages
1,159
Reaction score
1,744
Location
Prince George BC
Vehicles
Cybertruck
Occupation
Correctional Officer
Country flag
I’m sure I’m not the only one in this boat:
- My Tesla stock has lost $100,000.
- I can’t afford the 1st Cybertruck on order (dual motor) unless the stock bounces back by the time mine is made (600,000 th.)
- I can’t justify the 2nd (tri motor) unless the first can make money as a robotaxi (like Elon promised).
hold. there's the semi coming, CT production around the corner, a massive 4Q, more gigafactories and Elon is whipping Twitter into shape. this blip will pass.
 

Crissa

Well-known member
First Name
Crissa
Joined
Jul 8, 2020
Threads
96
Messages
11,205
Reaction score
18,384
Location
Santa Cruz
Vehicles
2014 Zero S, 2013 Mazda 3
Country flag
I’m sure I’m not the only one in this boat:
- My Tesla stock has lost $100,000.
- I can’t afford the 1st Cybertruck on order (dual motor) unless the stock bounces back by the time mine is made (600,000 th.)
- I can’t justify the 2nd (tri motor) unless the first can make money as a robotaxi (like Elon promised).
It's unlikely Tesla's stock will remain so low when they release the Cybertruck.

-Crissa
 

Jhodgesatmb

Well-known member
First Name
Jack
Joined
Dec 1, 2019
Threads
42
Messages
2,378
Reaction score
3,334
Location
San Francisco Bay area
Vehicles
Lexus Rx450H Tesla Model 3
Occupation
Researcher
Country flag
Yes here too. I said as much in a recent post. More of a hypothetical.

I am not worried.
If Tesla doesn't recover, we will all go down. It will be a bigger issue, not just a recession.

In March 2020 TSLA stock went through the same thing.. Much worse than now.

6 months later the stock went up 5 fold or whatever.

Whatever the current tribulation, when it's time to recover , TSLA IMO will b alive on the other side.

IMO not only will the stock price increase to adjust this last 12 months improvement, it will increase in accordance with 2023 1st and 2nd qrt results.

Plus, it will restore a higher PE. A quick doubling or tripling is not out of the question.
I bought Tesla stock because I believe in the company. I thought I might be able to to better than my money market (at the time, 2%) or treasury bill (not much better) and maybe pay the taxes. Even with this slump I am far better off than I would have been with either of those investment vehicles, and like you I am certain (Certain) that Tesla is going to do well. We also have at least 12 months and that is forever in the stock market.
 

PointHope

Well-known member
First Name
Axle
Joined
Sep 16, 2021
Threads
3
Messages
77
Reaction score
76
Location
Thailand
Vehicles
RN113415***,RN113855***
Occupation
Resource Management
Country flag
I’m sure I’m not the only one in this boat:
- My Tesla stock has lost $100,000.
- I can’t afford the 1st Cybertruck on order (dual motor) unless the stock bounces back by the time mine is made (600,000 th.)
- I can’t justify the 2nd (tri motor) unless the first can make money as a robotaxi (like Elon promised).
Buying some BTC now might be a good idea. Will likely be 100k by the march 2024 halving.
Hashrate and difficulty indicators are stronger than ever.
 


Newton

Well-known member
First Name
Newton
Joined
Apr 2, 2020
Threads
16
Messages
1,013
Reaction score
1,386
Location
East Bay Area, CA
Vehicles
p̶r̶i̶u̶s̶ c̶,̶ y̶o̶t̶a̶ p̶i̶c̶k̶u̶p, ⼕丫⻏?尺セ尺ㄩ⼕长
Country flag
I was never sure id be able to buy it, still not.
Elons slow progression into madness combined with other Ev trucks (vans more importantly) coming makin me not too hyped anymore

...had a bitcoin back in the day, sold it for a whopping $1k lol :{
 

Eye of Elon

Well-known member
First Name
Paul
Joined
Nov 30, 2019
Threads
3
Messages
200
Reaction score
410
Location
Vancouver WA
Vehicles
Toyota Yaris
Occupation
Driver
Country flag
The truck is coming out at the worst possible time, high interest rates and low stock prices. You can sell your TSLA low or get an expensive loan.
 

jerhenderson

Well-known member
First Name
Jeremy
Joined
Feb 20, 2020
Threads
6
Messages
1,159
Reaction score
1,744
Location
Prince George BC
Vehicles
Cybertruck
Occupation
Correctional Officer
Country flag
I was never sure id be able to buy it, still not.
Elons slow progression into madness combined with other Ev trucks (vans more importantly) coming makin me not too hyped anymore

...had a bitcoin back in the day, sold it for a whopping $1k lol :{
indications are the other trucks won't be cheaper !

 

 
CYBERBACKPACK
Top