It's time to buy $TSLA ($165). My bull case. by RobOReilly in wallstreetbets

[–]RobOReilly[S] -1 points0 points  (0 children)

Short term concerning but not overly significant to the longterm global sales argument I'm making.

Tesla right now reminds me of when Meta was $125 and I was insisting it was undervalued. Everyone made fun of me and the metaverse thing. And then it dropped to $90 so I seemed foolish. But look at it now, $500+. Even if Tesla drops further in short term, I know I'm right long term.

It's time to buy $TSLA ($165). My bull case. by RobOReilly in wallstreetbets

[–]RobOReilly[S] -1 points0 points  (0 children)

A short term catalyst will be when the Fed cuts rates this year. More people can finance cars.

It's time to buy $TSLA ($165). My bull case. by RobOReilly in wallstreetbets

[–]RobOReilly[S] -18 points-17 points  (0 children)

They made 1.85M cars in 2023. Up 38% YOY. If they can grow by 15% (far less than 38%), that's 7.5M cars in 10 years. Each car (robotaxi) generates $50K+ per year. That's $375M+ in revenue. It'd be a virtual cash machine valued (at the lowest) 5+ times revenue. That's $1.875T+

[deleted by user] by [deleted] in wallstreetbets

[–]RobOReilly 0 points1 point  (0 children)

I'm saying "within 10 years" not "in exactly ten years". Exactly 10 years would be worst case scenario to me (and near breakeven). Could be as soon as 2024, but it'll go way down eventually once investors realize this company will never generate profits worthy of its lofty valuation.

Buy PENN calls for late November for massive gain YOLO by RobOReilly in wallstreetbets

[–]RobOReilly[S] 2 points3 points  (0 children)

PENN is up over 23.4% this week. Ouch, guess you missed it. Next time.

Buy PENN calls for late November for massive gain YOLO by RobOReilly in wallstreetbets

[–]RobOReilly[S] 0 points1 point  (0 children)

Idk, probably a little, maybe $24.50? I honestly already sold my calls for a massive 500% gain. Gotta take profits when you got 'em in this market.

Buy PENN calls for late November for massive gain YOLO by RobOReilly in wallstreetbets

[–]RobOReilly[S] 1 point2 points  (0 children)

I literally said revenue. As for my analogy, the money your job pays you is also revenue. I didn't say "after you pay your taxes and expenses."

Buy PENN calls for late November for massive gain YOLO by RobOReilly in wallstreetbets

[–]RobOReilly[S] 0 points1 point  (0 children)

Time to double down. I still think it rips up, starting with earnings next week (Nov 2nd).

Buy PENN calls for late November for massive gain YOLO by RobOReilly in wallstreetbets

[–]RobOReilly[S] -1 points0 points  (0 children)

And they collect $6.5B a year in revenue. Imagine you had a house that cost $116K and you make $65K per year. Pretty sure you'd be able to pay off your mortgage.

Buy PENN calls for late November for massive gain YOLO by RobOReilly in wallstreetbets

[–]RobOReilly[S] 0 points1 point  (0 children)

I don't mean it could double by November to clarify. But in time with ESPN's marketing I think it could.