Recent content by CuriousSunbird

You are admirably optimistic, if somewhat unrealistic.

Unlikely to be direct effect on Tesla is the lawsuit is primarily aimed at the board members personally. I don't know if or to what extent Tesla has indemnified the board members, but typically corporate indemnities would not cover the kind of allegations that are being made here.

Only during the 420 period.

No doot aboot it.

Most brokerages are going free-trades now.

I drive the gas version now. It's a really nice car. Hope Volvo offers the subscription deal on the PHEV versions.

Easy. Drive to Saudi Arabia.

They will expense the rent periodically and reduce the prepayment asset accordingly.

I think you're right on 1-5, but on 6, Tesla has said in its filings that it maintains relatively little D&O insurance (as reported here: https://www.bizjournals.com/denver/news/2019/02/01/elon-musk-tweets-highlight-need-for-directors-and.html).

As I recall, the Q1 price cuts led to about a $90 million write-off. Given they’re still working on the Q2 financials, it will be interesting to see whether they take the hit for this one in Q2 or Q3.

From the CS report - this is something you don't see every day:

If anyone wants to read the full reports, they are available on E*Trade to all customers.

Seekingalpha loves Tesla - articles about Tesla get far more views than any other non-FAANG stocks. If Tesla went away, so would a significant proportion of their advertising revenue.

I'm speculating, but my guess would be that his previous hedge was the convertibles that got redeemed in Q1, thus necessitating a replacement hedge.

Few hedge funds will take unlimited exposure on a position, however much they believe in it. Out of the money calls are a natural way to cap potential loss.