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

[TSLA Pilot]

I have compiled a list of reasons to feel good about today:

1.

You're kidding, right?

How about:

"1. Buying more shares, AS A LONG-TERM INVESTOR, at a huge discount from the ATH."

 

[Joesantelli]

Why not sell weekly PUTs for like $300 or something? Then if it continues to drop, you'll have some nice shares and lower base price, and if it doesn't, pocket the difference.

Yep planning to sell 280 puts that's the absolute lowest I see it going

 

[Favguy]

Ok hit my price minimum price target of 320 have to sell for now will join back if we see sub 300

Er... I think you might be doing this the wrong way around, this is where you buy, selling, had you wanted to, was last week at $500!!

 

[Nocturnal]

MarketWatch - 2 hours ago: Investing legend known for his annual predictions says the world could be in for a big surprise — in a good way

I'm firmly in the camp that believes the market still has upside at this point. The Fed isn't targeting inflation, but employment. No matter who wins government money will continue to flow. We will either see somewhat higher taxes and lower trade volatility, or the same lower taxes and current volatility. We are testing 3 different vaccines on real humans right now. I'm not rotating into value traps myself.

 

[woodisgood]

ARK started buying again today.

 

[MTL_HABS1909]

Same here, will sell and get back in later

I may join you guys.

 

[Knightowl]

Yep planning to sell 280 puts that's the absolute lowest I see it going

This is tesla remember? you lack imagination, I expect it to go lower than 280 but alas I will not have dry powder to buy more at that point.

 

[henchman24]

When I see the 25% drop

When I remember the current price is still higher than most of July

When I see the shorts are going to double down on Q3, and know a squeeze is still to come

 

[Sofie]

Well...I still have that screenshot on my phone back from eons ago (last week) when my TSLA holdings were over 1.3 million. That will be a fun little memento for the next “however long it takes” until we see that happen again.

Now, the worst part of it all: time to figure out what my hobbies used to be to pass the time at work before Tesla.

 

[JusRelax]

ARK started buying again today.

I like seeing ARK buying:

 

[JonathanDandrea]

These stock gyrations have nothing to do with the company’s health and getting 5 billion to build factories at a near ATH is great. The jump after the stock split was absurd and in no way justified. I am long so just buying more as Tesla’s fundamentals are stronger now than a week ago regardless of the short term stock price.
Zoom out on the price chart everything is rosy.

 

[MABMAB]

If I were a bear or a market maker I’d be feeling good reading all the weaping and gnashing of teeth goin on round here

 

[Cherry Wine]

Seeing all the sale posts on here is starting to give me that tingling sensation of an imminent bottom.

 

[jhm]

I am so excited by this pullback. The next ATH will be over $502.50. So buying at $319 right now sets you up for a 58% gain. That's a BFG!

 

[Nocturnal]

I think it's great that Tesla pulled 5 billion in cash from speculators and traders. That cash is going to make us some money guys.

My net change for the day

-100 shares
+ 250 shares
+ 3 calls for 11/20
- 3 Sept 18 puts

 

[Unpilot]

Finalized my purchase of a Model 3 for my son...and bought 100 shares.

Now that is a good day!

 

[dakh]

I think what I was mainly asking about was your thought of being under 500 for the next couple od years. As someone pointed out, Gary's PT is for the next 6-12 months and I think his growth predictions are still too cautious. His PT will likely be much high in 6 months. I would caution anyone making trades and allocations based on thinking the stock is going to trade in a range for an extended period of time(more than 1-2 quarters) because you risk being left behind

Yes that's pretty much why I posted, I'm not convinced one way or another, it just starts to look like that to me. I'm playing this side to see if someone can dismantle this argument.

If I revised my upper limit to $600, would that make any difference? $700?

$500 wasn't justified by any specific projection just as much as $340 is not. We saw this price action before. We know reasonably well what to expect of Tesla in the next couple years in automotive, kinda guessing on energy/solar, and sort of have a slight clue on self-driving. There isn't any radically new information/events that we know of that will radically change TSLA's value. If they suddenly appear, that's a whole different story. And we know how the market values TSLA based on current information. So it is logical to conclude that unless we're not done with this price discovery, it'll stay within range until some big news or a further step up in sentiment, which is pretty high already.

If I were to re-phrase what you're saying in terms of price discovery, the argument is that Tesla being consistently profitable and growing 40-50% annually is not yet priced in. I think it is, at least the automotive side.

 

[lafrisbee]

On the Model Y speculation going to EU next quarter.

I like to stop by our local store occasionally. There were about 10 new Model 3/Model Y total on the whole lot. That's it. They were all in one place and a big area cleared for what looked like an area for the end of quarter push. I am pretty sure all those cars were spoken for as the build dates were mostly very late August and even a few from last week. It was nice to see the parking lot with room to separate the new cars from the service cars. I could not find one new Model S/X.

A look online for local inventory cars shows only 3 new Model S in the whole NYC area, No new Model X, a handful of Model 3. There are no Model Y inventory cars as of yet.

I have a neighbor that ordered a Model Y 3 weeks ago and still no delivery date.

I have casually watched inventory online and physically for many years. One reason I like to visit the stores to see if the cars there somewhat line up with what we are seeing online.

Given low inventory I don't think they will be building the Model Y for EU next quarter. It's actually quite bullish as the number of cars I am seeing overall in stock is quite low now, especially given the higher run rates. Even used model 3 prices seem to be getting a bump from the lack of available new cars.

Pure speculation ...
This could signify another stage in maturity for Tesla, and the people that can play the SP manipulation game are GTFO (getting the F out) because they are smart enough to see that it is no longer gameable.
Tesla is doing something. Something Elon said would happen at this time. I do not know what it is. But it seems like every metric of Vehicle sales is whacked to the good side.

These big gaps in buying and receiving a vehicle could be technology related. Not software but hardware. The break might be needed because it will be obvious to the workers on the floor, and the "secret" will be out. A massive leap in software wouldn't require the shift in availability. So they need to clear out one iteration, and retrain the workers on the new one. My limited perspective looks towards batteries or FSD as a huge factor, but it could be a new electric motor. It likely isn't FSD/Software.

 

[Prunesquallor]

Ok hit my price minimum price target of 320 have to sell for now will join back if we see sub 300

ARK started buying again today.

ummm..
THIS is what the professionals do.

 

[JustSaying]

Am I the only one who thinks GM putting down $2 billion for a stake in Nikola isn't a big risk for a company of their size? Sounds like a lot of money but it really isn't in the big scheme. If things don't work out, they won't be much worse off. It's a lottery ticket.

Nikola, on the other hand, made out like bandits. They should break out the champaign and lift Trevor on their shoulders.

Think about this for a minute: Tesla paid $150 million for Grohmann and $218 million for Maxwell. The ROI on these two can't be measured.

TSLA is in good hands.

GM spends "OPM", as such the GM exec's appear to be making decisions that gets them to their near term retirement pay outs.
Elon as a large shareholder in Tesla makes decisions based on the long term.
A notable quote of the current GM CEO is "My father was a die maker for 39 years so I had a basic understanding of the automobile industry and what the manufacturing world was like"
Oh, the power of Osmosis.