Originally Posted by BWillie:
Tesla is in no shortage to receive funding though. They are given money hand over fist over and over again.
You should have bought Tesla's existing debt for pennies on the dollar. Their new issuances are junk bond ratings and the last time they tried to secure more debt they had to put the Fremont factory up as collateral.
Originally Posted by :
Musk said the company was “bleeding money like crazy” as it worked through the Model 3 production ramp in the spring and summer. He said the company “came within single-digit” weeks of death before it was able to meet its Model 3 production goals.
They've definitely been walking a fine line. It looks like they might be cash flow positive for a year for the first time if things keep up. That's huge, as I think it'd get them into the S&P 500. Amazon's been in the S&P since 2005 and cash flow positive every year since. [Reply]
Can someone explain r/wallstreetbets to me? Im a finance dummy, not a bit interested in high-risk trading for myself, but just curious how these huge money fluctuations work. [Reply]
Originally Posted by Rudy tossed tigger's salad:
Can someone explain r/wallstreetbets to me? Im a finance dummy, not a bit interested in high-risk trading for myself, but just curious how these huge money fluctuations work.
Stay away from that subreddit. It is not for real finance and investing discussion, but for "lulz." That sub is about gambling; not investing.
If you like reading about gambling on the stock market then it can be fun, but there are better ways to spend your time. [Reply]
Originally Posted by Bill Brasky:
Stay away from that subreddit. It is not for real finance and investing discussion, but for "lulz." That sub is about gambling; not investing.
If you like reading about gambling on the stock market then it can be fun, but there are better ways to spend your time.
Yeah, I read it purely for entertainment. Im just a little clueless to some of the topics. [Reply]
Originally Posted by Great Expectations:
I finally dumped IQ and bought a bunch of PG&E. I should recoup my losses in about a month. Look at PG&E’s chart.
PCG is the one that got away for me. I was seriously considering a position in the $3s after the last big power shutoff in NorCal, and stupidly, didn't pull the trigger. Would be 600% right now. Ugh. [Reply]
Originally Posted by Rudy tossed tigger's salad:
Can someone explain r/wallstreetbets to me? Im a finance dummy, not a bit interested in high-risk trading for myself, but just curious how these huge money fluctuations work.
They don't work. There's a huge confirmation bias in that sub. I would take their advice for entertainment value only. [Reply]