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Careful there, the last time I suggested that a sharp sudden move down without any obvious reason why was caused by Elon selling shares, I was threatened with a ban. This isn't me telling a joke, I know you're a mod.

If they hit 1.4M, all the articles will talk about how they failed to hit 1.5M. If they hit 1.5M, all the articles will talk about how they failed to hit 2M. In 2030, if they hit 19M, all the articles will talk about how they failed to hit 20M. The media has it's narrative and it will never...

They will announce what date you need to be shareholder of record at the same time as they announce what the date of the split will be.

Gary's question was actually not a bad one. A succession plan is good to have, even if the current CEO plans to remain indefinitely, in case of any kind of a catastrophe. Elon should consider at least having one man prepared to take over the duties of the CEO. Zach would be a perfectly good...

This dude though. He said a bunch of nonsense but he managed to mention something important. If you disengage Autopilot/FSD by grabbing the wheel, it remains in "normal" cruise control and the car continues to move forward to maintain speed. THIS IS NOT GOOD BEHAVIOR. If you grab the wheel to...

I wonder when we will know the split is officially approved and announced. It's interesting to note that Elon was an economics major in college, so hearing him musing about macroeconomics is a rare treat.

Elon: "Earth CAN, and WILL be saved." We're holding you to this, Elon...

Elon acknowledging that Chuck Cook's Left Turn of Doom is the most important left turn in the world 😂

I'm disappointed that they couldn't get enough votes to pass proposals 2 and 3, again. The American-style voter apathy extends to corporate governance as well apparently. Shareholders need to vote their shares, it's an essential part of governance of a pubicly traded company. Sigh.

I saw a documentary about what not to do when you encounter a bear cub in the wild. I think it was called "The Revenant"

I'm old enough to remember when every new phone that came out was the "iPhone Killer" and the media repeatedly proclaimed "Apple is doomed, competition is coming!" This is educational, you just had to keep holding AAPL while all the "iPhone Killers" ended up doing nothing and competition was...

Your mistake here is thinking Zerohedge is a source.

They will likely produce about 2k to 3k vehicles this year but they'll keep pretending some higher number is possible until December 31st.

If I could start a company and write an app, I would probably be starting "AirCnC" right about now...

Now there's a name I haven't heard in a long time. I wonder how Jim Chanos is doing these days?

If you're ready to stop, just stop. That's what I did, and I ended up quitting a month before TSLA went from 1200 to 600 this year. I'm not fazed. I know I'll get it back and more.

There are many reasons why even a UK that was a part of the EU would not be a good site for a Gigafactory. The biggest one has long been the presence of the English Channel separating the UK from mainland Europe. That would have disqualified the UK already even before they left the EU.

This is actually relevant to Tesla, because Apple has built a brand with a high customer loyalty and this is something that Tesla is also doing, with what I believe will be similar results. https://www.sellcell.com/blog/cell-phone-brand-loyalty-2021/ So you can see here that Apple has by far...

To be fair to you, 14 years later in 1999, Apple was on the verge of bankruptcy after years of decline under various uninspired managers. Many investors who might have held from 1985-1999 would have seen almost no returns during that long period. The company was turned around by the return of...

Nothing has changed since then. Apple is timeless and omnipotent. If you're a young person today and your bubble isn't blue, you're going to be ostracized and have no friends. The power that Apple has over American society is actually terrifying if they ever used it for evil purposes.

Haha that's only uh a $3.7T valuation or something, at that point we would have surpassed both Apple and Saudi Aramco's valuations... I mean it's likely by 2030 but I'm not going to sit here and hold my breath. When it happens, it happens.

Apple's market is extremely inelastic, because if you want an iPhone there is only one supplier and Apple's ecosystem lock-in is by far the strongest of any platform. Even gasoline seems to be a more elastic demand market than Apple product is judging from recent events.

Tesla has been known for years to lowball trade-in offers. It's the price you pay for convenience. If you don't like it, you can sell third party using Carmax or Carvana. Keep in mind that some states only charge sales tax on the net cost of a car, so say if you traded that car in for $41k and...

It's clear that this was thrown together rather quickly, I'm sure they will have to go back and figure things out more thoroughly later on if they want to actually tie meaningful financial benefits to this like priority access to Starlink IPO shares. I'm one of the guys who decided to just try...

My avatar remains the best of all possible options.

I should have just been a CMG investor, much less drama and I could have just held it for a decade and become a billionaire 😂 GOOG and MSFT looking oversold and priced in, let's see how the rest of the week goes.

I give Elon about 3 days before he can't help Tweeting out a new meme...

The Decade Volcanoes are not imaginary and most people who live near one have learned to accept that at some point their entire city will be destroyed like Pompeii famously once was. https://en.wikipedia.org/wiki/Decade_Volcanoes

Fremont will likely be where the Roadster is built and once space is freed up it will be more useful as a development facility than a factory for mass production. I would expect at some point they will no longer need to build 3/Y in Fremont at all, and it will be for just S/X/Roadster and also Semi.

Herbert Diess is a solid manager with a wealth of experience on how to run operations of one of the world's largest automakers. He would be a fine choice to be the head of Tesla Europe and keep the region on the straight and narrow.

Leveraged ETF's, whether correlated or inverse, at a value of 1x, 2x, or 3x (or sometimes even higher!), are financially very complicated instruments. I don't pretend that I or anyone else really understands how they work but their track records for solvency are abysmal. Most of the time...

I don't really think so, but there are way bigger companies whose revenues are entirely tied to advertising like Meta (Facebook) and Alphabet (Google).

2 million EV's worldwide by 2026 total? Meanwhile Tesla is on track to build 2 million EV's a year in 2023? I don't know how Ford plans on catching Tesla unless Ford is now using Mary's Math like at GM.

It's been a long time since we've had anything to smile about. The thing that makes me happiest is when CNBC suddenly forgets about us the moment we start going up though. Strange how that works every time!

We're already valued at a trailing PE of around 80 and forward PE of around 40. I think we're holding up pretty well under the circumstances, and once the market begins to recover we'll be able to take off again.

Honestly, nothing about this Q2 makes me happier than finding out they dumped 75% of their Magic Internet Money and even took a profit!

This is an astonishingly stupid accounting rule but I've come to realize in recent years that most accounting rules are stupid to some degree.

The MM's will definitely want it to be near Max Payne by Friday to kill all options players regardless of direction played. So we'll see. I'm guessing flat by EoW.

It's actually not a joke that the familiar BMW quick click for 3 blinks on turn indicator is an option that costs extra. Base included option is just blink on full actuation. Since it's just something that's programmed in software, Teslas have always had this by default but now you know where...

You would still be overpaying. That company has never consistently made a profit in a decade of being publicly traded.

DING DONG THE WITCH IS DEAD ... Maybe. 😂

I'm pretty sure with the total world motor vehicle fleet that needs to be replaced at 1.4 billion vehicles we won't be worrying about unbreakable cars ending the world auto market for a very very long time.

Now that they have successfully implemented closed loop production once before, I suspect the next Shanghai lockdown will not be as consequential. This is doubly true because at some point Chairman Pooh must realize that crashing China's economy over and over again is going to cause him and his...

The auto business by itself is already plenty to be bullish about with Tesla. Stuff like FSD and robot is just for pie in the sky daydreaming. It's nice if/when it happens but I don't need that to be bullish at all.

We're going to have like a $300M to $400M BTC impairment this quarter though. I'm not counting any chickens before they are hatched in Q2.

Apparently Elon was on vacation for a week, and the Pope was lucky enough to meet him! Elon's kids...look just like him.

The absolute state of trying to buy a Tesla right now:

Tesla open sourced their patents but their stipulation was that anyone who used Tesla's patents also needed to share theirs IIRC. At the time I guess Tesla still thought there could be a spirit of jolly cooperation to accelerate the transition to sustainable energy.

https://www.bloomberg.com/news/articles/2022-07-01/toyota-runs-out-of-us-tax-credits-for-evs-joining-tesla-and-gm Seems that Toyota has already exhausted their 200,000 vehicle subsidy for that EV tax credit before they even sold a single BTUZ4YZG in the US because it counts towards hybrid...

On the contrary, I don't think Burry is an idiot at all. The problem with short sellers is they make their careers calling one Big Short that pays off huge and then they spend the rest of their lives calling a crash every year and hoping it comes true. And Burry's Big Short only paid off huge...