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Due to the time involved manually typing, I missed a little at the pinnacle today, but sold my small stake in TSLA, which has been up more than $40 today, I think it was up about $39 when my shares sold. I plan to pluck some more, perhaps as early as 3:59 PM. Oppenheimer investment bank had raised target from $385 (which is much lower than current) to $612, while topless secretaries go-go danced on the boardroom table, and Springsteen's "Born to Run" blared from the entire office. As I'd mentioned somewhere, recently, I don't like having a lot of TSLA, just a taste, because I've seen it drop $40 in one day as well.
  1. Despite further decreases in the cost of gasoline/crude oil, electric vehicles will soon become much more commonly seen throughout most of the US. Tesla will be have 10 percent of US auto sales by 2024. Hidebound conspiracy nuts hardest hit!

26 posted on 01/13/2020 9:49:03 AM PST by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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The rest of the week, for TSLA? Reminded me of that Gordo Cooper soliloquy by Dennis Quaid near the end of "The Right Stuff" -- a hurtlin' piece of machinery. I think it's still foolish to not put a toe in, but just a toe, and if it burns off some capital, put in a couple more toes, so the average toe length is shorter when it goes up again.
Telsa isn't limited by falling sales, which is mythical -- it is constrained by its manufacturing capacity. The Tesla facility in Sparks NV (cute) produces nearly half the world's batteries, and when completed, may wind up being the largest building footprint in the world (5.8 million sq ft).
So-called Business Insider has a recent op-ed, "Elon Musk's plan to build a new Tesla factory in Germany makes no sense. Here's why." It s/b "Matthew DeBord's latest Tesla op-ed makes no sense."

30 posted on 01/20/2020 8:00:37 AM PST by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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