The cost of a new Tesla electric cars in the U.S.A. start at over $100,000 USD which makes it doubtful that a whole lot of them would be sold in Poland.
The worrying thing for Tesla is the more cars it sells the bigger losses it makes. Thats only 25,000 cars sold.
There is a long waiting line for them right now because they can not make them fast enough.
And for you doubters that mocked me, it has only been two weeks now and Tesla stock (TSLA) just hit my strike price today @ $357 !
Go back up to post #72 and read what I said about buying 10 call option stocks on Tesla which I did.
If, before September 15th, the price moved up to $350, or 6.5% above where it was friday, you could make as much as $20,000 for the $330 strike price and $10,000 for the $340 strike price.
I got mocked about free rocks.
Well Marsupial & mafketis, instead of being such wise asses when someone gives you advice about investing maybe you should listen and learn.
My contract is up 67% in two weeks.
Plus the100 regular shares that I bought for $312 on July 6th (post #52) I just cashed out on @$357 today (30 days held) and made another $4500 on those 100 regular shares.
I bought 200 shares of their stock back in March at $243 per share. (TSLA)
And I am still hanging unto my those original 200 shares of Tesla which has made me another $22,800 to date.
I still believe that Tesla stock could hit $1000 per share in three or four years.
So Harry, what ya'll think of my day trading skills now old boy ? :-)
polinv mentioned the heavy short position of a lot of big investors.
That's true, but most of them are under water on their positions, and some are now significantly in the red.
I read somewhere yesterday that the short people had lost $800 million on their short positions just on Wednesday and Thursday of this week.
There would have been further big losses today.
If TSLA continues to creep up, many of them are going to throw in the towel and cover their positions.
I believe that the value of the short position is $12 billion.
When some of those people begin to panic and start to buy to cover, there is going to be a short term surge in the price.
After the good earnings report this week my trading charts are showing the price began to move a lot and some of them may already be beginning to buy to cover their positions.
Anyway, as I said before, only time will tell.
Thanks to Trump, we've had a good market this year.
Back on topic however.........
Poland doesn't seem to have the market for electric cars presently because of the cost and infrastructure it takes to operate them.