3 ms·

Tesla's stock has massively under-performed over the past 5 years (will be up 8% over that period if the after hours price action holds). The opportunity cost o

Tesla's stock has massively under-performed over the past 5 years (will be up 8% over that period if the after hours price action holds). The opportunity cost of owning it has been huge while the rest of the market ripped up.

greglindahl 7y ago
Yes, if you pick the most embarrassing time period for a given stock, it probably massively under-performed. Alternately, you can pick the most flattering time period.
- ajross 7y ago
  It was a statement about a 5-year period in a stock issued just a few weeks longer than 9 years ago. Are you seriously making a cherry picking argument?
  - greglindahl 7y ago
    The period chosen misses a 10x run-up just before it.
- Despegar 7y ago
  Its under-performance over 2 and 5 years explains why it's been such a great short. Investors like Chanos have a basket of shorts so any one stock ripping up would hurt but wouldn't kill them. And the shorts ultimately let them be even more net-long the market.
deleted 7y ago
[deleted]
almost_usual 7y ago
Up 8%? It's down 10%+, what made you think it would go up? Rest of the market ripped up? The S&P is up 20% this year while Tesla has gone down 20%. Edit: >The opportunity cost of owning it has been huge while the rest of the market ripped up The S&P is up over 50% in five years. TSLA could go up 20% tomorrow (and ignore today's after hours change) and the S&P would still be outperforming TSLA.
- spullara 7y ago
  He meant up 8% over the five year period.
  - almost_usual 7y ago
    >The opportunity cost of owning it has been huge while the rest of the market ripped up Still doesn't make any sense. The S&P is up over 50% over five years. Outperforming TSLA by almost 3x (including the after-market change it is 5x).
    - jkqwzsoo 7y ago
      No, that’s exactly what “opportunity cost” means.
    - simonebrunozzi 7y ago
      I think the term we are looking for here is "alpha" [0], and you want a "good" stock to generate "alpha" in respect to the overall market. [0]: https://www.investopedia.com/terms/a/alpha.asp https://www.investopedia.com/terms/a/alpha.asp
- eanzenberg 7y ago
  Sheer will-power
- toopricey 7y ago
  He was using "ripped up" as a positive term, I assume synonymous with "Shot up" or "went up". You're agreeing with him, both of yall are saying Tesla has massively underperformed the market
  - almost_usual 7y ago
    That makes a lot more sense, I interpreted "ripped up" as "torn to shreds".
- lukevdp 7y ago
b_tterc_p 7y ago
As a non owner of a vehicle or stock... I don’t see a reason why the average interested watcher should care. There’s significant speculation and huge financial forces putting unusually large efforts to push this stock up or down. Personally I don’t think it matters or changes the likelihood that they’ll eventually succeed or not succeed.

greglindahl 7y ago

Yes, if you pick the most embarrassing time period for a given stock, it probably massively under-performed. Alternately, you can pick the most flattering time period.

ajross 7y ago
It was a statement about a 5-year period in a stock issued just a few weeks longer than 9 years ago. Are you seriously making a cherry picking argument?
- greglindahl 7y ago
  The period chosen misses a 10x run-up just before it.
Despegar 7y ago
Its under-performance over 2 and 5 years explains why it's been such a great short. Investors like Chanos have a basket of shorts so any one stock ripping up would hurt but wouldn't kill them. And the shorts ultimately let them be even more net-long the market.

deleted 7y ago

[deleted]

almost_usual 7y ago

Up 8%? It's down 10%+, what made you think it would go up? Rest of the market ripped up? The S&P is up 20% this year while Tesla has gone down 20%. Edit: >The opportunity cost of owning it has been huge while the rest of the market ripped up The S&P is up over 50% in five years. TSLA could go up 20% tomorrow (and ignore today's after hours change) and the S&P would still be outperforming TSLA.

spullara 7y ago
He meant up 8% over the five year period.
- almost_usual 7y ago
  >The opportunity cost of owning it has been huge while the rest of the market ripped up Still doesn't make any sense. The S&P is up over 50% over five years. Outperforming TSLA by almost 3x (including the after-market change it is 5x).
  - jkqwzsoo 7y ago
    No, that’s exactly what “opportunity cost” means.
  - simonebrunozzi 7y ago
    I think the term we are looking for here is "alpha" [0], and you want a "good" stock to generate "alpha" in respect to the overall market. [0]: https://www.investopedia.com/terms/a/alpha.asp https://www.investopedia.com/terms/a/alpha.asp
eanzenberg 7y ago
Sheer will-power
toopricey 7y ago
He was using "ripped up" as a positive term, I assume synonymous with "Shot up" or "went up". You're agreeing with him, both of yall are saying Tesla has massively underperformed the market
- almost_usual 7y ago
  That makes a lot more sense, I interpreted "ripped up" as "torn to shreds".
lukevdp 7y ago

b_tterc_p 7y ago

As a non owner of a vehicle or stock... I don’t see a reason why the average interested watcher should care. There’s significant speculation and huge financial forces putting unusually large efforts to push this stock up or down. Personally I don’t think it matters or changes the likelihood that they’ll eventually succeed or not succeed.