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I mentioned stock buyback several times from 2017 to 2020. In the long run Tesla probably will spend $1~2T on share buyback. It's better to get the program started even if starting with small amount. Buyback has many benefits. Tesla can get the program ready, pull the trigger only when shorts...

"...... he turned down a job offer from Tesla AI team because they pay half of the rest of the industry" Tesla AI pays well. Unless he got a job offer for a data labeler.

AI and FSD progress.

It Tesla solves FSD first, they could build many factories, sell vehicles at or below cost. Under this scenario, global dominance could happen.

I didn't see the posts which StealthP3D disagreed with, so I don't have an opinion on those posts. In my view StealthP3D is highly experienced. His views are usually very reasonable and insightful. Don't feel offended if someone disagree with the posts you like. Everyone can freely express their...

I have been adding TSLA whenever there is a good opportunity. Latest addition happened last week around 600. My TSLA shares are not for sale. Total share count is higher than ever.

I think Burry is way overrated. Shorting housing market was not that special. A lot of people saw the housing collapse coming in 2008. I closed my stock positions by end of 2007 anticipating housing and stock market crash in 2008. Soros even wrote a book about the crisis and how to prepare for...

I guess he is talking about TSLA and NIO. TSLA is way better.

It’s outrageous they charge you 10% margin rate. It’s risk free for them too. Contact another brokerage ask them what’s the best rate they can offer. Tell them your account is one million and carries quarter million margin. Not only the new brokerage will offer you much lower rate, very likely...

Traditional approach: Cost of customer acquisition (for roof) Roof material Labor for roof installation Cost of customer acquisition (for solar panels) Solar panels Labor for panel installation Tesla's approach: Roof material Installation Tesla's...

They moved Cybertruck and Roadster to the side (upper right conner).

While the Coronavirus is kind of under control in China, I'm worried other countries might have to implement same measures that China took. It could have significant impact to global economy.

I think the real news is Renaissance Technologies added 3.26 million shares. Probably that's the main reason why the stock went up yesterday. Their Medallion fund does quantitative trading, which has a long term track record of ~70% gain per year before fees. Their larger fund runs like a normal...

It's not really a jump. They had ~15k cases which used to be called suspected cases. They didn't have enough test kits to quickly confirm all of them. Now they just categorize these as positive cases, because all of them have the typical symptoms and lung images. It's the right move they should...

Berkshire Hathaway bought 10% of BYD in 2008, later BYD issued more shares, so Berkshire's stake is slightly less than 10%. Munger invested into BYD long before 2008, his investment did very well for a while, then it came 2008. Similar to many capital intensive companies, BYD was ready to...

Agree with Karen about MFranc123's intention. Right now my account is mostly TSLA shares, plus some long term Calls. All long, no margin, no hedging. I feel very comfortable. I welcome bear attacks. If they can drive it to $200, please do it. I would happily add more shares whenever I can. At...

That's great to hear. I did the same yesterday, removed leveraged positions, Calls were either closed or covered. feel so calm about the pullback. I was able to add more shares today, wouldn't mind if they keep pushing lower. We might get a cup-and-handle base then another all time high; or a...

When I estimate Tesla's long term, I only focus on vehicle production/selling business. Then double that number to factor in the rest (Tesla Energy, Tesla Insurance, Tesla Services, Tesla Financial, etc.). Then add FSD and Tesla Network, I value this part independently, then times a factor...

Ron talked about "going private" at 30:15. Hopefully this will clear the wrong post I made yesterday.

@StealthP3D, thanks for correcting me! Yesterday I was half sleeping and went through the video at high speed. I was wondering why Ron Baron declined if Tesla asked him to do that. Now it makes sense.

Several factors played roles in Elon's decision to cancel going private. One major reason is they couldn't figure out a way so small retail investors can stay on. Elon talked about this. He said the accredited investor rule doesn't make sense. I think that's why SEC started working on it. I...

Talking about this, Ron Baron said in 2018 Tesla asked him to set up a vehicle so retail investors can stay in Tesla after going private. He declined. (I think) Elon needs a vehicle that holds 50% in Tesla and 50% in SpaceX, all small investors can stay in. I think SEC is working on the...

Anyone who knows the answer to this question, would become a billionaire very quickly. It's all probability. 30-minutes chart looks good for now. These things can change within seconds.

Cases will increase, that's not a problem. They predicted the number will peak in a week or so. The most important indicator is: will Chinese factories start on Feb 10th as planned. If they do, the crisis is over. If they postpone another week, still fine. Longer than that is a problem. I'm...

Ralph Nader is not clueless. He is the one who is trying to do the real manipulation. First he had major issues with Tesla's Autopilot, tried hard to get it banned. I said looks like he was shorting TSLA, many people didn't believe. Now he is talking about the stock directly. Realize many...

VW was squeezed to 20X of it's intrinsic value. At that time every one knew VW shouldn't be a one trillion dollars company. The main short, who sold naked Calls, jumped train track. TSLA is still undervalued. People can argue about this valuation, the long side thinks it's undervalued...

This pullback actually has some benefits. Some shorts bought short term calls to avoid margin calls. It's a good thing so they get burnt on both positions.

Ralph Nader is getting squeezed, I'm not surprised by that. Deserve it.

Before this rally he went to TV and said TSLA is the best short. So Eisman is done for now, that's good. He probably shorted more than he can handle. He needs to be burnt one more time. Next time he can short 2000, cover at 3000.

I used profit from options to add more shares, and sold mid term OTM calls against these shares. If it stays flat, the option premium will reduce my cost a bit, I can sell covered Calls again. If it goes up, I will let go the trading shares. Then sell OTM Puts. If it drops a lot, I plan to buy...

It's good to learn. Just don't bet the whole account. Years ago I lost almost $100k in my first option trade, in one day. Because I didn't understand it. First, practice with small amounts. After you make gains, only play with the house money. Second, think about how likely you will get it...

I was a little extreme. Realizing that learning investment early is important, I started to teach my kids at age 5. I made up little stories like this one: If I have a magic wallet that can generate one dollar a year, how much are you willing to pay for the wallet. That's the basics of P/E...

Nothing is 100% certain in investment, even more so in the trading world. Everything I say is an educated guess. We should make rational decisions based on probability and expected return.

I have a friend, a few years ago we were chatting about work, personal interest... He doesn't have lots of knowledge about stocks, but he read a lot online. He said he was worried about economy, so he sold all his stocks, waiting for a recession to get in again. That was in the end of 2012. My...

Those chartists who have no knowledge of business fundamentals are likely to fail. The most intelligent and experienced investors/traders are on this board.

My Calls are still there. Everything seems fine.

The CCC rating on Tesla bond is wrong. If they want to short this case, they should short the bond rating agency. If they understand this they wouldn't be shorting Tesla bond in the first place. On the other hand, legacy car makers' bond should be avoided. But they think that's safe.

Andrew Left thinks everyone has an IQ of 90 like himself.

The Baillie Gifford guys are over rated, wait for BlackRock. I watched all of their interviews in the past. Shorts will hate BlackRock.

The market cap doesn't matter. Shorts may think it only worth $10B. Longs may think it worth $1T. It just doesn't matter at this moment. Right now it's demand and supply driving actions. People are buying Call options because we are going to join index. Nobody can supply so many Calls. Those...

Wait for BlackRock and Index news. Shorts are losing their shorts.

I'm very happy that Saudi sold. This is a good development for Tesla and it's bullish to me. Remember Saudi fund sold covered Calls and used that money to buy Puts. Most likely their shares got called away.

ARK sold so many TSLA shares so early. They basically missed the TSLA rally. Those who sold their TSLA and moved to ARK should learn the lesson. We discussed this outcome last year.

Last Friday I bought February $800 calls, wanted to test the theory that every Monday the stock tend to rally. Wow. So you guys have been making big bucks without letting me know?:D Only bought small amount, but big percentage gain. I converted the gain to permanent shares. I think these few...

Seems to me the borrowing interest rate will not rise significantly. There are too many potential lenders. Shorts' pain comes from rising stock price. They get margin calls.

There is a lot of misunderstanding about VW squeeze. That squeeze actually happened in a span of several years. It started at a fair value, slowly rise for a few years (Porsche family accumulating), then a bigger rise, then a major pullback, then the epic squeeze to one trillion dollar market...

One share can be traded 1000 times in a day, it doesn't mean that's 1000 shares for shorts to cover.

Instead of selling, I used trading profit bought more shares in the past several weeks. Wouldn't hesitate to buy more at $1000.

At some point Tesla's sales will reach 2T and P/S of 2, with 100 million total shares. That implies $40,000 share price is very likely in 10 years. Shorts thought @$30 it was the best short opportunity in the world. Then again they thought @$200 was the best short opportunity in the world. And...

Gene Munster's assessment is usually right. Why Is TSLA Still Surging? | Loup Ventures Nobody gets right 100% of the time. Those who gets 75% right, and generally follow good logic are in the top rank. Edit: Gene is saying the market cap should hit $360B in a few years based on 20% revenue...