Is now a good time to buy Tesla Stock?

[Fandango]

@Leo Gura If you’re no longer investing in gold, where are you planning to move your capital next?

I’ve actually made money following your investing advice and I genuinely appreciate it. Your insights have been more valuable than professional financial advice.

Cheers!

 

[Space]

On 04/05/2025 at 1:30 AM, Hardkill said:

How is he not a greedy corporate tyrant who has amassed vast amounts of wealth through ruthless and unethical business practices, similar to Jeff Bezos or like John D. Rockefeller, Andrew Carnegie, and Cornelius Vanderbilt in the late 19th and early 20th centuries?

Even if he doesn't have any cash, how has he been able to buy media companies like X, donate large sums of money to political campaigns, and bribe voters with million-dollar checks?

He bought Twitter by selling a shit-ton of TSLA stock. I believe he paid the biggest private tax bill ever in history for it. But he also got massive investment from a load of private investors. A quick google search and you can find them.

All his donations come from selling TSLA, that's where >90% of his money is.

[Space]

On 04/05/2025 at 3:31 AM, Hardkill said:

In any case, why wouldn't Musk be able to use some of his assets from Tesla, SpaceX, or elsewhere in his net worth to buy more stocks during a dip?

More stocks in what companies? He doesn't do any private investing beyond his own companies. He's been very explicit about this for years. He may have invested a tiny bit in Bitcoin and DOGE (the cryptocurrency not the government agency), but I could be wrong on that.

Musk believes that Tesla will become the most successful company ever. And SpaceX is literally going to Mars. I imagine Musk is holding onto his Tesla stock as tightly as he possibly can.

And SpaceX is a private company, there is no stock for him to sell.

Edited Monday at 05:55 AM by Space

[Dodo]

Short answer: yes. Long answer: yeeeeeeeeeeeeeeeeeees.

[Schizophonia]

On 04/05/2025 at 3:51 AM, The Crocodile said:

What about totally getting rid of currency?

It would be stupid unless you want to live in a totalitarian, pol-potist state like.

Or I misunderstood what some Marxists mean by that.

On 04/05/2025 at 3:43 AM, Leo Gura said:

Leftists don't understand how basic business works

Communist economists understand the market very well.

Many communist leaders, including Marx himself, were "pro-work," believing that it was a duty to work hard.

 

The whole problem is that this work is partially plundered in a capitalist system by a class which owns the capital and means of production.

But the problem has never been the company itself.

Edited Monday at 09:38 AM by Schizophonia

[Leo Gura]

18 hours ago, Fandango said:

@Leo Gura If you’re no longer investing in gold, where are you planning to move your capital next?

I still think gold will go higher long-term, like over the next few years. But in the short-term it will probably stall and move side-ways.

Right now the market situation with Trump's potential for chaos and chances of a recession is not good for long-term equity investing. Investing long-term in equities now would be too risky. Markets will probably hit new lows within the next few months. So be very careful about equities. I don't think we've bottomed out yet.

I am actually going to use the next few months to run a few experiments with short-term trading to exploit this market chaos and side-ways movement. But this is not something I recommend you guys do. I am doing this for my own education and amusement.

Markets are going to be very volatile and chaotic over the next 6 months at least. Lots of dramatic ups and downs. This is bad for long-term investors and good for day traders.

I think Bitcoin is a good investment if it dips 10%+.

Quote

I’ve actually made money following your investing advice and I genuinely appreciate it. Your insights have been more valuable than professional financial advice.

Nice

Edited Monday at 04:38 PM by Leo Gura

[FourCrossedWands]

Breaking: Warren Buffett just got totally disgusted by the stock market and left Berkshire Hathaway 

[ZenRocker]

On 2025-05-05 at 0:26 PM, Leo Gura said:

I am actually going to use the next few months to run a few experiments with short-term trading to exploit this market chaos and side-ways movement. But this is not something I recommend you guys do. I am doing this for my own education and amusement.

 

Nice! -- This will be a good time to get some experience --- what strategies are you going to be trying/implementing?

[Leo Gura]

5 hours ago, ZenRocker said:

Nice! -- This will be a good time to get some experience --- what strategies are you going to be trying/implementing?

Don't know yet. I'll figure it out as I go along.

[The Crocodile]

12 minutes ago, Leo Gura said:

Don't know yet. I'll figure it out as I go along.