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Tesla, TSLA & the Investment World: the 2019-2020 Investors' Roundtable

Discussion in 'TSLA Investor Discussions' started by AudubonB, Dec 28, 2018.

  1. TheTalkingMule

    TheTalkingMule Distributed Energy Enthusiast

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    CR being incentivized to support those who cooperate with their business model isn't a "vast global conspiracy", it's a flavor of what we've been seeing up close for years. Same reason CNBC supports their advertisers and sells time to hedge funds.

    Traditional print organizations are hanging on by a thread. They'll become more and more willing to take money as they near the end. That's just natural.
     
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  2. EV forever

    EV forever Supporting Member

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    But it doesn’t matter what work they are doing, correct? Can I pay my son for being my tech support? Do I need to produce any documentation? He is college and doesn’t have an income. He just turned 21, but is still claimed as dependent on our taxes. I really want to buy some TSLA for him to hold. Would be a great Christmas present. He is already a huge fan of Mr. Musk.
     
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  3. Lycanthrope

    Lycanthrope And the meek shall inherit the Earth

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    #219643 Lycanthrope, Nov 20, 2020 at 6:43 AM
    Last edited: Nov 20, 2020 at 7:15 AM
    I do believe you meant "pop", dear boy :eek:

    Hey, I bought a Roadster II :D

    This is what happens when $TSLA goes on a rip, we all buy more merchandise = more profits = higher SP = more merch!

    The REAL Roadster is still on the agenda, post-house, in the meantime I will place this in my office and fondle it daily.
    upload_2020-11-20_15-40-18.png
     
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  4. mongo

    mongo Well-Known Member

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    Roth IRA Contribution Rules: The Comprehensive Guide

    They would probably need to declare the income... (1099?)
     
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  5. Singuy

    Singuy Active Member

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    I don't think there's some kind of conspiracy with CR. I do think they apply old metrics to completely new products that put EVs at a disadvantage. However they do it to be consistent and to level the playing field. Things important for an EV is mere foot notes for ICE, therefore having Tesla falling behind in many of their metrics.

    For example, any software update that requires a car to be taken to the shop should be a reliability issue as it's a shop visit if we count panel gaps as a reliability issue. However a lack of OTA doesn't matter and has zero weight. So I think CR just needs to get with the time but Tesla is too fast of a moving target as they are defining what is more or less impt for the future of transportation.
     
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  6. Big Time

    Big Time Member

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    Will today be the battle for 515?!
     
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  7. TheTalkingMule

    TheTalkingMule Distributed Energy Enthusiast

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    Both sides throwing haymakers in the opening half hour. Should be like this all day.
     
  8. CLK350

    CLK350 Member

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    #219648 CLK350, Nov 20, 2020 at 6:57 AM
    Last edited: Nov 20, 2020 at 7:03 AM
    My apologies if this upsets some of you; in my opinion, WB is still *just* guided by profits no matter how these are obtained, no matter if they hurt people taking in the larger view. Not denying he did some great investments and didn't do direct damage in GE's Jack Welch style, still doesn't address my point: he's just guided by profits and has little understanding or interest beyond profit numbers.

    Too much work to document what pro traders know, but I'm listing below some not too great investments/ positions he took, all in the name of profits. With the same amount of capital to invest (wisely and profitably, as he knows how) he might have done much good, but nah, he just wanted profits looking at established businesses (well run, with a moat, etc). Imagine if he only had 1/10th of ARK's talented industry analysts!
    Because our system is based on pure profits and the true nature of capitalism has been perverted by greedy CEO's corporate and corporations well shielded from responsibilities when found guilty of criminal acts (see below for references).

    Alright, some tidbits on BRK's and WB I find problematic:

    - his investment/ loan "saving Goldman Sachs" from possible bankruptcy(1) - OK, that was pure financial maneuvering, possibly knowing full well that the US Government (with leaders mostly ex GS and beholden to the status quo anyway) wouldn't let them fail.

    - his investment in so many financial companies/ banks.
    Seriously, what do these banks produce, besides profits when gambling (illegally, now legally thanks to the half baked repeal of Dodd-Frank) with depositors money, and getting their losses absorbed by the Fed (aka us the taxpayers) when their gambles don't work out. Arbitraging, for economic benefit ha hahhahaha see how HSBC et all colluded on exchange (or was it interest rates). Doesn't really matter: please just Google "wallstreetonparade goldman sachs" to get a list of little reported scandals, use Citibank or HSBC, or Wells Fargo instead to find the other ones.
    Essentially whenever caught (and the SEC really tries hard not to), these financial institutions get a slap on the wrist, pay a token penalty, keep all their ill gained profits, AND continue on their brazen criminal behavior.

    - his "genius" investment in Coca Cola. Or See's Candies, bof ... really ..how much did they contribute to US obesity and medical procedures and drugs (however "profitable) ?
    Personally I much prefer companies like Vital Farms Bringing Ethically Produced Food to the Table | Vital Farms which are very profitable ( great IPO too! ) and do the right thing for animals and small family farms. To me that's a better use of the capitalist system.

    - finally his support for coal and gas companies, even tho climate change may be real, just because it makes business sense. Really?
    Warren Buffett bets $9.7 billion on a long future for natural gas
    Or " Buffett summed up his rejection of climate proposals succinctly at the 2014 Berkshire annual meeting: “I don’t think in making an investment decision on Berkshire Hathaway, or most companies — virtually all of the companies I can think of — that climate change should be a factor in the decision-making process.” from
    Here's what Warren Buffett thinks about climate change

    On Goldman Sachs many scandals gone by with little real punishment, or if you prefer Wells Fargo's scandals gone unpunished , same with Citbank ... Would we have suffered if these banks had been allowed to fail and their executives sent to jail? .. Iceland did that and came out well ahead while we are still kicking the can down the road with who knows what end in sight.

    So, all in all, with more power comes bigger responsibilities - that the current financial system does not discourage destructive decisions for people and the environment doesn't mean we should just not care about how our financial decisions end up affecting the rest of us and the planet. Elon Musk truly is a hero for doing the right thing even if the odds are not in favor, because it is the right thing to do. Imagine ... (yes, also the Beatles) .. He didn't mind risking his entire fortune too BTW. Compare to old Warren Buffet.. meh..in so many dimensions!

    [​IMG]


    (1) Here’s how Warren Buffett made $3.1 billion on his crisis-era bet on Goldman Sachs

    Does “We the People” Include Corporations?
    Corporations now enjoy privileges of personhood, and at the same time shields executives from illegal /criminal acts.
     
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  9. phantasms

    phantasms Supporting Member

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    I think it either closes at 498 or at 600. I'm betting on 498.
     
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  10. Big Time

    Big Time Member

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    They can’t hold this puppy down, gonna break its chain and go on an epic run north
     
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  11. Unpilot

    Unpilot Sell order in at $3999.99

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    Every time it peeks it's head above 500...BAM!
    And the volume isn't there to counter.
     
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  12. viridi

    viridi Member

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    Another manipulation Friday! Seeing a fair amount of capping, especially a bit earlier as TSLA tried to get above $501 for the second or third time, and just now when TSLA tried to get back over $500. Volume has been the friend or enemy of the cappers depending upon which way volume is trending. Should be another exciting day! At least for now, as many of us would have expected, $500 seems to be the magic number where defenses become the strongest.
     
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  13. StealthP3D

    StealthP3D Well-Known Member

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    Now there's a real challenge for AI, Identifying and reacting to a marked school zone!

    I wonder if Musk and team are up to this most vexing problem? o_O

    If this important problem is too hard for them, our investments could really suffer! ;)

    /s
     
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  14. Unpilot

    Unpilot Sell order in at $3999.99

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    Are you seeing the same orders to sell being put in and then pulled?
     
  15. S3XY

    S3XY Active Member

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    I'm no expert but my guess is that the IRS would expect to see W-2's or 1099's with enough income reported to cover the Roth contribution. That's just using a common sense approach. Tax laws don't always make sense though.
     
  16. JBRR

    JBRR Member

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    Lower than 30d avg volume so far - previous 2 days were markedly higher.

    When volume does pick up, can expect price to follow.
     
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  17. Sanny

    Sanny Member

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    When is it usually the lowest hour on Friday? Is it around 12pm EST? Asking for a friend.
     
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  18. CaliBear1

    CaliBear1 Supporting Member

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  19. Rockster

    Rockster Active Member

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    There's a reason my friends and I call them "The Wall Street Urinal."
     
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  20. pz1975

    pz1975 Supporting Member

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    Hey woah, this isn’t that type of forum.
     
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