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

Doneski

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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).
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SparkChaser

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I am in the 400k area of delivery so there is still time for my stock to cover it. Currently about 30k
 

charliemagpie

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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

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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

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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

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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

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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

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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.

Update: that said, right now I could not afford what I have reserved, so I have to hope that the stock goes back up to the split price.
 
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PointHope

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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

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p̶r̶i̶u̶s̶ c̶,̶ y̶o̶t̶a̶ p̶i̶c̶k̶u̶p, ⼕丫⻏?尺セ尺ㄩ⼕长
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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

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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

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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 !
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