I’m Buying More Tesla Stock! (Why Visiting Los Angeles Increased My Conviction on TSLA)
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- เผยแพร่เมื่อ 15 มิ.ย. 2024
- Tesla stock has risen 42% in the past month, and many TSLA investors feel that they may have missed the dip. In this video, I share 3 reasons why my conviction in Tesla has increased after spending time in Los Angeles, and why I'll continue dollar cost averaging to buy more TSLA stock both before and after the stock split. Subscribe to stay updated to more videos on Tesla!
Timestamps:
0:00 Why I'm Buying More Tesla Stock?
0:37 #1 Seeing the Reality on the Ground
1:31 Santa Monica Tesla Supercharger
2:15 #2 Model Y Will Be The Top-Selling Vehicle
3:05 #3 Cost of ICE Car Ownership is Rising
3:59 The Story Behind The Numbers
Social:
🐦 Twitter: @darenyoong
Disclosure: I am long TSLA. This is not financial advice, and represents my personal opinions only. Always do your own research, and invest safe!
In 2019 while working in my tower crane I started noticing multi loader trucks passing every 3 hours. All packed with Tesla vehicles. That’s when I started buying Tesla stock.
Thanks for showing us the ground Daren ! Enjoy your time there=D Looking forward to more tours.
glad to see your channel grow! keep up the good work!
So excited for you Daren! I wish I was out there with you! Glad to see you and your wife are enjoying yourselves. Your thoughts are right on!
Thanks Peter! For someone coming from Singapore, it’s like seeing the future happen here. China and Norway would also be eye opening.
I am so glad you are taking the time off to explore Tesla. I am a new investor and I like watching you make videos!
Very good video Daren. Hope all goes smoothly in this trip. Thank you for your sharing
Thanks maxims! It’s been a joy learning more about Tesla here with the local community!
Thanks Daren..I'm always amazed by how you juggle the time between youtube, work and other commitment. I guess if it's something impt, you'll definitely make time for it!
Yesss!!!! It is extremely compelling when you see the actual developments happening right infront of you and NOT as usual with a 10-K. Great video as always 👍👍👍
Great content here my dude. Will definitely keep a lookout for your content!
My plans are to buy more Tesla stock. Thinking of selling some other stocks or crypto to buy more Tesla before and after the split.
I got mine in 2018 and started investing heavily. I love my car but never preach to people. Despite that everyone around me is buying one or wants to.
Hi Darren thanks for the live update. Added 6 Tesla Shares today! Tesla to the moon!!
Massive dump last night but I’m buying more ! Conviction guys! I see this company going so huge
Welcome to Tesla World in Los Angeles, Daren. We have 2 Model Y’s ourself with solar panels. Looking forward to your coverage of the Giga Factory in Texas.
nice job, nice field studying. its fun to explore
Love your videos Darren! Hope you’re enjoying California!
Thanks Lori! California is amazing. The Original Farmer’s Market, Getty Museum and Griffith Observatory we’re highlight!
Thanks for your sharing. Helps all Tesla investors stay focused and grow in their conviction. I own a Tesla model 3 in Singapore and I think nothing I have driven beats driving this car. Will keep investing in this company. Enjoy your trip!
Thank you for sharing the US teslas view for fellow Singaporeans!
nice video daren, shall continue to DCA as well
It's a strong reason to buy more and I can say here in my family we are planning to do the same. I really like how you look into your investments and test your thesis. The real world is an important component in following any company, especially for a company that produces a physical product.
Agree! People in the industry and those who use the products can often give a good view of where things are heading, years ahead of pure financial investors. Many Nokia engineers knew way ahead of the general public how transformative the iPhone was in the industry.
We have a Model 3 Performance and are looking to add a Model Y this year.
Chairs are under appreciated
Seeing hundreds of Teslas on the road every single day definitely helps with my conviction.
Even Tesla cars got the prices up by $10,000 more for high demand! What does that tell you? People still want to own one. Stay invested!
Nice owl shirt! 🦉
Thanks Daren! Managed to add 1 TSLA today!
Congrats Gerald!
Very good analysis of the current situation. I've bought my Tesla stock already but this info helps confirm my decision. Worth bearing in mind that production needs to increase quickly to make up for the massive valuation. I would recommend buying on the next dip.
Feel so good on tsla 😁👍
I am in the area you were filming daily. I am also a Tesla owner and see more and more hitting the road everyday. I keep forgetting that because there are so many Teslas in my area, that it isn’t the same everywhere else. It is easy for me to see that Tesla is the future because I am surrounded by it everyday.
I now have 355 shares. I’m hoping for a 10 to 1 stock split. That’ll give me 3550 shares. If it’s another 5 to 1 stock split, I’ll have 1775 shares. I’m a happy camper no matter what.
Come to San Francisco there are Teslas on every corner. There are 4 on my block alone.
Joes incompetence to control oil oligarchs turns out to be the best Tesla salesman
can you do a video about the analysis of Tesla FSD? because I have watched a lot of videos about it and it seems like it hasn't really been improved a lot since 2016 and people seem getting impatient to wait.
I am expecting a similar reaction with the opening of Austin as with Berlin. 4/20 will likely provide more information about the splt. Reaching a new plateau $1,200-$1,400 this month.
10 for 1 split in august with stock climbing to 300 afterwards. 3000 pre split ....this yr
Not a chance Tesla hits 3000 this year.
@@darylfoster7944 300 after 10 for 1 split gets us there
this is amazing
Yah Lah.. welcome! Enjoy your time here!
Thanks Ronald!
Tesla is popular in places where Gas/Petrol is expensive
Liked!!
I bought 6 more shares yesterday also!,
Gas prices rising is a good point to adopt EV. However, how does it compare to electric cost? since most electricity is generated by coal/LNG and the cost of those is still going up?
I am a Tesla shareholder. I was just curious about your view on it.
Number 4 . After taking to Vincent and he’s so bullish and then I am sold . Joking . Nice video as always man . Keep it up !
Hi Vincent! Really good meeting you and your lovely family! Take care!
@@graceonearth thanks Grace . Hope to see your family soon in Singapore .
So good seeing you and your family, Vincent!
We ALL believe in Tesla
Demand for EVs in general but particularly Tesla is growing, there is a few EV go chargers at the mall I work at I always see cars now Teslas, Nissans and Audi mostly, evs are only at 1 percent of cars in USA, plenty of growth left I have 150 shares of Tesla I wish it goes down so I can buy a few more
Current MACD chart for Tesla share price shows that Tesla share price is peaking. From the viewpoint of technical analysis, it is not good to accumulate Tesla share now (6 Apr 2022). Not sure if the opening ceremony at Giga Texas on 7 Apr will have a stronger positive effect on Tesla share price. For the Giga Berlin opening date on 22 Mar 2022, Tesla share price went down for the next 3 trading days before going up again.
common replies i got from my frens when i tell them about investing in TSLA
"too ex liao la", "i wait till it drop till 500 then i buy"
then they go invest in lucid, rivian, perhaps hoping them to be the next Tesla, without knowing Tesla IS the next Tesla.
meanwhile my portfolio up 50% while my frens' are down more than 50%
I was nervous getting in over $400/share.
Glad that you start to use hand gestures when talking, it looks more natural compare to the past videos, keep it on👍
Are you relocating to US?
Tesla car is much cheaper there compare to SG.
Thanks Terence! Am here for a 10 day trip and will be back in Singapore by mid-April. Yes, can buy 3 Teslas here in US for the price of 1 Tesla in Singapore!
I would be down 10% in 3 days if i followed your advice and bought more tesla after this video
Its over bought and at all time high
Higher interest will make people unable to afford the car
The stock is priced for 5 years in the future it can stay flat for years before you see another leg up again
Well come to America
Hi Daren: Thank you for making such a marvelous video on TESLA. I am inspired by your content. I sincerely hope that you and your lovely spouse enjoy Santa Monica and the City of Angels. I continue to invest in TSLA in stocks and using Chicken Genius or Ken's method sell put stock option for the DCA. I truly enjoy your journey of TSLA investment.
Welcome! Los Angeles has been lovely! Great food, weather and got a chance to meet several friends. We've just reached Austin for the 2nd part of our US journey.
What do you think on Q1 earnings?
Very impressive results!
While I was shoeting tsla. Made mone6 to buy plaid
Bro, love your channel man, so envious that you are in the USA right now (bad outbreaks in the region where I am working so stay home work right now).
Teslas are also everywhere here by now (but I doubt in as dense as CA ~ also not much model S and Xs)
I love my performance model Y. When I floored it at sports mode, it has the same feeling as a mild rollar coaster drop (never gets tired of showing people lol). However, I don't like the back side view of it (the model 3 looks great all around, but not the model Y).
I get the slight feeling that cars around me show me some 'respect' when driving, e.g. moving after a traffic light from a 3 lane to a 2 lane, very very few cars try to 'outrun' me anymore.
Also, compared to my RAV4, when going on work trip or staycations, I cannot put in my luggage standing up (I can do that with my RAV4). And its highly restrictive to those really big size luggages (those 30" ones) where even if you lie them horizontally on their sides (not on their back), it's too high for the doors to close if you put them too close to the edges. I think the floor can be removed, haven't tried that part out yet.
Daren, be careful, be alert in LA or any big city in the USA. Random, violent crime is non-existent in Singapore, sadly not so in the United States.
Agree!
gas is still very cheap in the us compared to other countries
I have 350 TSLA, when can i retire?
Congrats, Zendefone1! Will depend on lifestyle and location haha. Some feel that amount is a good starting point to retire a simple life in Thailand or Philippines.
@@DarenYoong Thanks Darren. Will continue to work towards it. :)
the competition is coming. imo the best you can hope for is a double up by 2030.
Tesla is building an ecosystem that will be 10x bigger than Apple in revenue. The stock price is way under value.
yup. let's hope it keeps going dowm in the short term. I ain't selling anytime soon, only buying. I might even live off tesla dividends one day when they are producing so much revenue of humanoid robots and robo taxis.
I live about one hour South of Los Angeles. Today while waiting at a traffic light I counted the other vehicles. We were 12 in total: 7 Teslas, 1 Rivian, 2 Toyota Prius and 2 ICE pick-up trucks. Made me hope humanity might actually win the climate war! Thank you for visiting So Cal and I frequently charge up at those Santa Monica Superchargers! 😄
Thanks for sharing your experience Cathy! We've spent the past 2 days in Austin and Texas and we don't see as many Teslas here yet (compared to Los Angeles). I believe this will change rapidly in a few years.
@@DarenYoong GigaTexas is a huge catalyst for Austin EV adoption. Have fun today!
First!
No doubt Tesla is a great company. Not just in EVs but also their satellite internet. However, it is their competitors that have grown and improved tremendously. This will add pressure to Tesla’s growth.
Nio!!!
Tesla ist ein Auslaufmodell
over price!
LFG
Yeah ur in a bubble , enjoy averaging down to 100
New chickengenius? Voice is exact same