ValueAnalyst
Closed
I'm horrible at calling short-term price action, but I wouldn't be surprised if TSLA made a move to $310 today even though it seems like MMs are trying to pin it at $305.
Not an advice
Not an advice
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A good read, even taking into account the old echo-chamber effect. I love this quote:
I like to remind skeptics that years ago it has hard to believe Musk when he said SpaceX (SPACE) would propulsively land space capsules and rockets with the precision of a helicopter. Before SpaceX, propulsive landing had only been seen in science fiction movies. When I first heard Musk make this pronouncement, I thought to myself, “this guy is either delusional or a genius.” Well, now I know which one it is.
When the dip happened right after earnings I was disouraged. Then I drove our tesla model X and I realized its foolish to worry long term. So I bought on the downtrend, at 313, at 311 and at 296. Now that it reversed I'll wait for the next downtrend
didnt sell any since I had to free up cash to buy the Model X Charlie Munger,
Q: What are your thoughts about Elon Musk [CEO of Tesla, SpaceX, SolarCity] and what he's doing?
Munger: I think Elon Musk is a genius and I don't use that word lightly. I think he's also one of the boldest men that ever came down the pike. Put me down as saying I've always been afraid of the guy whose IQ is 190 and he thinks it's 250. I like to think there’s a little of that risk with Elon. He is a certified genius.
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As soon as Tesla gets profitable, and Warren understand the moat that Tesla has. Be ready for a 5% Berkshire participation.
Q: What are your thoughts about Elon Musk [CEO of Tesla, SpaceX, SolarCity] and what he's doing?
Munger: I think Elon Musk is a genius and I don't use that word lightly. I think he's also one of the boldest men that ever came down the pike. Put me down as saying I've always been afraid of the guy whose IQ is 190 and he thinks it's 250. I like to think there’s a little of that risk with Elon. He is a certified genius.
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As soon as Tesla gets profitable, and Warren understand the moat that Tesla has. Be ready for a 5% Berkshire participation.
Reciprocity
Active Member
Some people forget how many times Elon and his people have done the impossible. Even some of us believers need a reminder every now and again. But some people will focus on the fact that Elon probably said he would land that rocket in 3 months, and it actually took 6 months. Or even worse they would say the 16 story rocket missed the center of the X on the drone ship by at least 2 feet, and that is clearly not not helicopter accuracy, here is a link to Airbus's helicopter site to prove it!
I dont care if he is not accurate with his time estimates, and I dont care if he doesnt ever deliver half the crap he says he will, they (Elon and his people) will still deliver 10x more then most ever believed they could. I still find myself think, how the hell is he going to pull that off. It has forced me to really open my mind and not think so hard about how it is to hard and more about how can it be done. I mean, Elon says its possible so it must be possible. I think that is half his super power. He seems to will large groups of people to accomplish things that they wouildnt have been able to do if he wasnt forcing them out of their comfort zone.
dmckinstry
Model X 2019
Except for the fact that Tesla has a good idea of what they will do with it. They can just change their timing on when they'll do it.
Mike Smith
Active Member
TSLA should rise in anticipation of the shareholders meeting on June 6. The quarterly CCs are used to mainly discuss current results, whereas the yearly meeting is used more to discuss the future plans and direction of the company, which always puts Tesla in a better light.
ValueAnalyst
Closed
I think you may be underestimating how much cash Tesla will be spitting out starting 2H18.
Even if they build ten gigafactories simultaneously, that's $10B of capex per year (assuming $1B per year spent on each and five years to completion). And that investment starts spitting out more cash, so it's endless.
This is why Apple, Facebook, Google, and Microsoft are all sitting on hundreds of billions in cash. At some point, spending can't keep up with cash generation.
According to my DCF, Tesla will get there in 2021, which is when I expect stock buybacks to start.
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ValueAnalyst
Closed
I'm horrible at calling short-term price action, but I wouldn't be surprised if TSLA made a move to $310 today even though it seems like MMs are trying to pin it at $305.
Not an advice
I think I got lucky this time.
I'm sticking to stock only with reasonable use of very low-cost margin (as opposed to lottery-ticket style OTM short-term call options).
Having said that, piecing together the very positive earnings report, combined with shorts' inability to keep TSLA down, and upcoming Model 3 final reveal event, we may be setting up nicely for a short-squeeze in the coming weeks.
FYI, Sohn investment conference is next week. Einhorn (TSLA short) is a speaker. CNBC will be covering.
SOHN – Conference Foundation
SOHN – Conference Foundation
ValueAnalyst
Closed
close enough! good call.I'm horrible at calling short-term price action, but I wouldn't be surprised if TSLA made a move to $310 today even though it seems like MMs are trying to pin it at $305.
Not an advice
Over a dollar off. How dare you make such predictions. ;-)I'm horrible at calling short-term price action, but I wouldn't be surprised if TSLA made a move to $310 today even though it seems like MMs are trying to pin it at $305.
Not an advice
Great price action. Moving back above the 21day SMA will keep MOMO traders interested.
ValueAnalyst
Closed
ValueAnalyst
Closed
If he talks up his TSLA short, and TSLA squeezes shorts in the same week, I'd be curious to see what his clients then do.
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