Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable

[JRP3]

This is not a black swan event. More like a black rhynosaurus.

Damn, were def screwed now.

 

[jhm]

Disney bankwupt

Don't do that! The bots are watching!

 

[SMAlset]

Electrek was reporting that Tesla is withdrawing US employees working on GigaBerlin over coronavirus concerns.

Tesla withdraws US employees working on Gigafactory Berlin over coronavirus concerns, report says - Electrek

Business Insider 2 hours ago was reporting some leaked Tesla memo about what they are doing about worker safety as the virus spreads. It's BIPrime so can't read. Lead text talks about it's factories in the U.S. Maybe someone has access and can share? Timing on that 2 hours ago could support your guess @dw4ngg .

BI's story is also available if you get Apple News+ btw. (again don't have access).

Christ, are we taking businessesinsider and elektrek articles as facts now? thats scarier than this virus tbh.

Well as for the Electrek article of the GigaBerlin pull out of US employees, guessing you don't want to get it from CNBC either, but with the latest WH move to cut off most of Europe for 30 days or so I consider the news trustworthy.
Tesla reportedly sends employees back to US from Germany ahead of Trump travel ban

Not seeing any other coverage on the leaked memo mentioned in the BI article. It will get picked up by some other news source I'm sure unless someone here subscribes or gets Apple News+ and reports back on the content.

 

[clmason]

I sold all of my Tesla shares today. Nice profit, but not nearly as great as it would have been, if I had been wise enough to sell a few weeks ago. Unfortunately, the coronavirus suddenly arose out of left field to upset both my technical and fundamental analysis. I'll consider whether to get back in after the dust appears to have begun to settle.

Ouch! This comment holds a lot of weight coming from Curt. As an opposing view, I'm 41 with a much longer investment horizon. I'm holding and will consider buying more.

 

[Singuy]

Ouch! This comment holds a lot of weight coming from Curt. As an opposing view, I'm 41 with a much longer investment horizon. I'm holding and will consider buying more.

I feel like everyone is jumping off the ship because they have just spotted an iceberg and remembers what happened to the Titanic. Any cure will completely reverse the sentiment. Plenty of drugs already out are having good efficacies. Kaletra or Hydroxychloroquine are so promising that our hospital has already stocked up on hydroxychloroquine seeing it's a pretty credible treatment method from data gathered in vitro and per S. Korea/China.

 

[MikeQ]

I sold all of my Tesla shares today. Nice profit, but not nearly as great as it would have been, if I had been wise enough to sell a few weeks ago. Unfortunately, the coronavirus suddenly arose out of left field to upset both my technical and fundamental analysis. I'll consider whether to get back in after the dust appears to have begun to settle.

I sold EVERYTHING (all my stock, not just TSLA) on the first day the market started heading south. Wife and I are retiring and in our early 50's. We're doing a 72t to get around the early distribution penalty from our retirement accounts. Since the balance of your account when you start the 72t is what determines your annual distribution until 59 1/2, it was vitally important that I protect the balance until we start the 72t. Glad I did or I don't think we'd be retiring when we'd planned.

 

[Creekstalker]

Ouch! This comment holds a lot of weight coming from Curt. As an opposing view, I'm 41 with a much longer investment horizon. I'm holding and will consider buying more.

Yeah, I'm just buying a couple shares a week. Higher powers telling me I should've accumulated more and deciding I deserve a second chance.

A little gut-wrenching to be sure, but nothing like the dip to $180 because it was only TSLA going down then. It'll be interesting to see how quickly things bounce back. So thankful for that cap raise.

 

[goinfraftw]

Tesla - Stock Price History | TSLA

From year-close, 2019: $418.33
To today-close: $560.55

~34% gain.

So, if you paid no attention for ~2.5 months to anything happening to TSLA since 12/13/2019 to today, you'd be pretty happy with the results of your investment.

...wonder what's going to happen with the P&D report in the first week of April. Also, Q1/2020 earnings call.

 

[Artful Dodger]

After-action Report: Thu, Mar 12, 2020: (Full-Day's Trading)

VWAP: $564.15
Volume: 18,907,368
Traded: $10,666,592,071.65 ($10.67 B)

Closing SP / VWAP: 99.22%
(TSLA closed BELOW today's Avg SP)​

Comment: "Systems Crash"

 

[woodisgood]

Being in my late 30s, holding on...

Wish I had sold everything so I’d have dry powder to take advantage of the clearance prices, but instead will have to settle for bag-holding. What can you do?

Highly leveraged in non-retirement account (not margin, mostly LEAPs that still might turn out ok)...I was thinking about hedging strategies and/or SPY puts but hadn’t pulled the trigger and the black swan showed up earlier than anticipated (yeah, that’s how it works, I know). Bought some on dips all the way down not realizing it was really going to be a bottomless pit...
10% discount? Yes please!
Another 10%? Don’t mind if I do!
15%? Ok!

How much lower will we go...

 

[juanmedina]

Well that's depressing

 

[scaesare]

C is Carbon

From Types of Lithium-ion Batteries – Battery University


"Lithium Nickel Manganese Cobalt Oxide (LiNiMnCoO2) — NMC"

 

[Pras]

Well that's depressing

I don’t agree with his dooms day view. People going in the shock under-react and when in deep shock overreact. Already in my community in NJ schools have been closed and people are taking good measures. agree on his point of lack of federal response but the local and corporate response has been good.

I was always suggesting 20-30% drop and we are there. 30% of wealth destruction is a lot, even in a recession scenario. To recoupe this markets have to now rally 43%. Sure it takes 3-4 year assuming 8-10% annual growth. The great recession’s drop of 42% was extreme because of the biggest asset class value (housing) being destroyed by 30-40%. Also the banks, the backbones of economy failed. We are not there and I don’t think we will be there.

Also the stock indices seems to have great run up till Feb 12th but mostly due to some large contributors like Faang. Most small and mid cap valuations have been very humble. For example the russel 2000 index was only up like 30% in the last 5 years as of its February peak. Now it is down 10% in the last 5 years. Think commodity or industrial. House value hasn’t been very high lately. Housing saw very modest growth despite lower interest rates.

anyway Chamath has more money and fame so he can say his views loudly.

 

[Cherry Wine]

Well that's depressing

I have a lot of respect for Chamath. His assessment gives me serious pause.

 

[Singuy]

I have a lot of respect for Chamath. His assessment gives me serious pause.

His assessment assumes there is a long term affect of the virus. With treatment coming online using off the shelf drugs and people being more mindful at what they do, people will eventually just learn to live with it vs waiting for complete eradication. You only wait for eradication if there are no treatment options. By this coming season a vaccine should be completed.

So are we going to full shutdown mode? I am leaning toward no given that we have some pretty positive data for treatment measures put in by the Koreans and the Chinese.

 

[Singuy]

Disney World is closing as of Sun till the end of March. Universal Studios also shut down

Yup, sky is falling.

Orlando is shut down..lol.

 

[Artful Dodger]

How much lower will we go...

You're 30 and in good health? Got a job, a residence, friends, family? You're fine, and you'll continue to be fine.

Panick™ is just a way to get you to drop your shares so the big shortzes can cover. Why is nobody here talking about this simple fact? Short Interest has gone down 6+ million shares WHILE the MMs have systematically walked the SP down from 969 to now 525 A/Hrs on Thu. It's cuz they know the value of TSLA. Simple fact; long view.

If it helps you get prospective, don't value your Tesla holdings in USD. Value them as a unique asset that no other company in the entire world possesses. One so powerfully attractive for the future we want that the CHINESE GOVERMENT is bending over backwards and making unprecedented changes to their own laws just to entice Tesla to build their 1st International factory there. And giving them a 'police escort' through the bumps along the road.

The China story is just starting. In about a year, Model Ys will be rolling off a new line in Shanghai. Soon after that, the China Design Studio will set a bold new direction for the future with the Tesla "World Car". This is LITERALLY going to CHANGE THE WORLD.

And you'll be what, 42 by then?

Imma let you do Berlin. Go'head. It'll be fun! Oh, and Texas... YOU HAVE TIME!

See what I'm sayin'? Goes to $425 this month like UBS wants? They're trying to scare folks to cut'n'run so they can scoop up those future profits. (need I say 'Duh' right here?)

I believe this is a 2+ Trillion company. Nothing in the latest viral news, or bear raid, changes that.

Imma HODL'er. Simple™.

Cheers!

 

[Unpilot]

I'm 64 and I will eat rice and beans before I let the lousy bastages have my shares.
Yeah I'm long and strong!

 

[woodisgood]

You're 30 and in good health? Got a job, a residence, friends, family? You're fine, and you'll continue to be fine.

Panick™ is just a way to get you to drop your shares so the big shortzes can cover. Why is nobody here talking about this simple fact? Short Interest has gone down 6+ million shares WHILE the MMs have systematically walked the SP down from 969 to now 525 A/Hrs on Thu. It's cuz they know the value of TSLA. Simple fact; long view.

If it helps you get prospective, don't value your Tesla holdings in USD. Value them as a unique asset that no other company in the entire world possesses. One so powerfully attractive for the future we want that the CHINESE GOVERMENT is bending over backwards and making unprecedented changes to their own laws just to entice Tesla to build their 1st International factory there. And giving them a 'police escort' through the bumps along the road.

The China story is just starting. In about a year, Model Ys will be rolling off a new line in Shanghai. Soon after that, the China Design Studio will set a bold new direction for the future with the Tesla "World Car". This is LITERALLY going to CHANGE THE WORLD.

And you'll be what, 32 by then?

Imma let you do Berlin. Go'head. It'll be fun! Oh, and Texas... YOU HAVE TIME!

See what I'm sayin'? Goes to $425 this month like UBS wants? They're trying to scare folks to cut'n'run so they can scoop up those future profits. (need I say 'Duh' right here?)

I believe this is a 2+ Trillion company. Nothing in the latest viral news, or bear raid, changes that.

Imma HODL'er. Simple™.

Cheers!

Much closer to 40 than 30 but your point is taken. I’m not panicked, didn’t mean to come across as such. Just annoyed. Hindsight is a real *****, normally, but apparently especially in financial crisis situations.

 

[Artful Dodger]

Much closer to 40 than 30 but your point is taken. I’m not panicked, didn’t mean to come across as such. Just annoyed. Hindsight is a real *****, normally, but apparently especially in financial crisis situations.

Size your bet right, close your eyes, relax and let it happen...

Advice.™