Tesla prices increased across its entire model range
#31
Lexus Fanatic
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Pales in comparison to the hit his net worth has taken given TSLA and most every other stock going in the toilet. Even mighty Amazon shares are down big YoY.
#32
Lexus Champion
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#33
Lexus Champion
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I parked a lot of money and am waiting for the crash to start, then I'll be buying in when it's low. Except rivian, I'm badly screwed on that one for now so it is gonna just stay where it is lol!
#34
#35
Lexus Fanatic
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Rivian 52 week range $19.25 - $179.47 that's bizarre. Elon did say several months back a recession was inevitable looks like we're just starting to dip into it. Knowing that why are people spending money hand over fist on luxury items? Wait times for a Tesla keep getting longer and longer even with ridiculous prices increases are people simply going into deep debt and not giving a toss?
Pretty much all desirable goods are in short supply and/or vastly over priced something has to give.
On the bitcoin thing Tesla's hasn't gained or lost anything until they sell.
Pretty much all desirable goods are in short supply and/or vastly over priced something has to give.
On the bitcoin thing Tesla's hasn't gained or lost anything until they sell.
#36
Lexus Champion
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#37
Lexus Champion
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Rivian 52 week range $19.25 - $179.47 that's bizarre. Elon did say several months back a recession was inevitable looks like we're just starting to dip into it. Knowing that why are people spending money hand over fist on luxury items? Wait times for a Tesla keep getting longer and longer even with ridiculous prices increases are people simply going into deep debt and not giving a toss?
Pretty much all desirable goods are in short supply and/or vastly over priced something has to give.
On the bitcoin thing Tesla's hasn't gained or lost anything until they sell.
Pretty much all desirable goods are in short supply and/or vastly over priced something has to give.
On the bitcoin thing Tesla's hasn't gained or lost anything until they sell.
#38
#39
Lexus Champion
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You don't have long to wait, it's coming soon. As long as you are not day trading, it's best to not look at your holdings and ride it out. I never sell in a market like this unless it's an emergency. I have Apple shares for example that I've been holding since 2010, this would be a time to buy more. Tesla is the same, it's stock has dipped recently, but if you look at the stock over a 5 year period, it's more than 500 percent up. In 5 more years it's probably going to double that
#40
Lexus Fanatic
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I had a pulse on the rhythm of the markets for the most part. Now forget about it I stopped all day trading.
#41
Instructor
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I'm not day trading, I just didn't like how above trend a lot of stuff was so I parked. Now I'm waiting to see if it will be a relatively quick/safe bounce back or if it is going to be REALLY bad as the trends are hinting it might, I am personally predicting much worse than 08 but hopefully I am wrong. If it is going to be that bad I will withdraw and buy a bunch of properties and rent them out since I rather that inconvenience vs the current crop of companies failing entirely.
#42
Lexus Champion
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I pulled at about the same time actually, I didn't like the direction and when the money printer stopped that was the end of the fun. I am hoping RS crashes badly so I can buy something for sane prices to see a nice 2-300% return on top of rental income.
#43
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”As intangible assets, digital assets are initially measured at cost. They are treated as indefinite-lived intangible assets - Asset Practice Aid):
As a result, the indefinite-lived intangible asset should not be amortized and should be tested for impairment annually or more frequently if events or changes in circumstances indicate that it is more likely than not that the asset is
impaired. In practice, this impairment testing has been interpreted to mean that digital assets should be impaired to the lowest fair value observable within a period. Impairment losses are presented in net income and not reversed”
#44
Lead Lap
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because it does not meet the definition of stock or cash. It is an intangible asset. Thus :
”As intangible assets, digital assets are initially measured at cost. They are treated as indefinite-lived intangible assets - Asset Practice Aid):
As a result, the indefinite-lived intangible asset should not be amortized and should be tested for impairment annually or more frequently if events or changes in circumstances indicate that it is more likely than not that the asset is
impaired. In practice, this impairment testing has been interpreted to mean that digital assets should be impaired to the lowest fair value observable within a period. Impairment losses are presented in net income and not reversed”
”As intangible assets, digital assets are initially measured at cost. They are treated as indefinite-lived intangible assets - Asset Practice Aid):
As a result, the indefinite-lived intangible asset should not be amortized and should be tested for impairment annually or more frequently if events or changes in circumstances indicate that it is more likely than not that the asset is
impaired. In practice, this impairment testing has been interpreted to mean that digital assets should be impaired to the lowest fair value observable within a period. Impairment losses are presented in net income and not reversed”
#45
Lexus Champion
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I'm not day trading, I just didn't like how above trend a lot of stuff was so I parked. Now I'm waiting to see if it will be a relatively quick/safe bounce back or if it is going to be REALLY bad as the trends are hinting it might, I am personally predicting much worse than 08 but hopefully I am wrong. If it is going to be that bad I will withdraw and buy a bunch of properties and rent them out since I rather that inconvenience vs the current crop of companies failing entirely.