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

[traxila]

Nah, I think its because the Spoon just added someone not named tesla View attachment 594264

People are still trading on that?

 

[Fobble]

Hight AH activities. Two headlines I can find, but not sure if they are the cause of AH:

LAPD Warns Tesla Owners That Rims, Tires Popular With Thieves
5:13 pm ET October 1, 2020 (Benzinga) Print

While the popularity of Tesla Inc (NASDAQ: TSLA) increases, more people are becoming aware of the brand. While this is good news for the company, it can sometimes be bad news for owners of the popular electric vehicles.

The Pacific Division of the LAPD has tweeted a warning to Tesla owners to make them aware that the car's tires and rims are hot targets for thieves.

The account shared a picture of a Tesla Model 3 up on supports with missing wheels. They also advise drivers to use sentry mode, and to park in well-lit areas.
========================================

Tesla Stores In China Reportedly Flooded With Orders After Model 3 Price Cut
4:16 pm ET October 1, 2020 (Benzinga) Print

Tesla Inc (NASDAQ: TSLA) has set in motion the plans to expand battery production and lower prices following its battery day event. This is already being seen in a price reduction of the Model 3 in China, along with a switch to new LFP batteries.

Now it seems the price increase could be overwhelming Tesla employees in China.

Wonder how crazy MIC Model 3 sales was on the first day of price cuts. According to a sales rep, all stores were flooded with new orders and store employees hardly had time for meals & communicating with customers. Q4 will be insane. pic.twitter.com/vHN4CsrMor

 

[insaneoctane]

Unless electricity is WAY more than I think it is in China I dunno how saying "If you skip getting a $3000-5000 refund we'll give you far less than $3000-5000 in free charging" is going above and beyond.

I mean- smart business move for sure- let the folks who won't bother doing the math decide not to get refunds...but economically for the CUSTOMERS it's probably WAY better for them to return and rebuy and save more money than they'll get out of 3 years of supercharging for most.

Going above and beyond would be simply, automatically, cutting a refund check to anyone still in the 7 day period when prices were cut.

Returning a car that you probably love isn't easy or convenient. Being offered an incentive not to likely moves the knob. Bean counters can calculate the cost of just refunding ALL sales with the 7 day period vs (SC perk cost + cost of X% of returns) and likely decided on what you see offered.

 

[M|S|M MYP]

Response to AJ article?

That article has been out for a while now...however...they conveniently published it again right before Tesla is set to announce Q3 deliveries.....

 

[vikings123]

Looks very fishy, wonder if the numbers got leaked. Volume is significant too. Either that or it’s just a good old shakeout.

 

[EnergyMax]

I could see China requiring Tesla to use Alibaba neural net on their cars at some point. I highly doubt Tesla vehicle sales would be banned.

 

[bkp_duke]

Hight AH activities. Two headlines I can find, but not sure if they are the cause of AH:

LAPD Warns Tesla Owners That Rims, Tires Popular With Thieves
5:13 pm ET October 1, 2020 (Benzinga) Print

While the popularity of Tesla Inc (NASDAQ: TSLA) increases, more people are becoming aware of the brand. While this is good news for the company, it can sometimes be bad news for owners of the popular electric vehicles.

The Pacific Division of the LAPD has tweeted a warning to Tesla owners to make them aware that the car's tires and rims are hot targets for thieves.

The account shared a picture of a Tesla Model 3 up on supports with missing wheels. They also advise drivers to use sentry mode, and to park in well-lit areas.

Thanks. Reminds me I need to get some wheel locks.

 

[StarFoxisDown!]

Looks very fishy, wonder if the numbers got leaked. Volume is significant too. Either that or it’s just a good old shakeout.

There's absolutely no way numbers got leaked. The only source is Tesla's own website and they've never accidently leaked numbers before.

Also we've seen many times of the stock price getting driven down to stoke fear so I'm not surprised

 

[Robocop]

If some scrappy EV startup wants a leg up building a factory in Michigan, it'd be very cool to do modern EV's with this exact branding. Detroit Electric Co. Detroit Electric - Wikipedia I'm sure somebody could buy the rights to that and make something pretty cool. Like a 100 yr old Tesla.

 

[vikings123]

Nah, I think its because the Spoon just added someone not named tesla View attachment 594264

I thought the market was over this S&P crap. Maybe not lol. The stock dipped right around the time that announcement was made so who knows.

edit: Seeing some big buyers lining up. This will recover so quickly.

 

[jerry33]

Thanks. Reminds me I need to get some wheel locks.

That stops high school thieves, it slows professionals down by at least five seconds.

 

[Dancing Lemur]

It’s just the daily 5:15 drop back for an encore.

 

[Singuy]

Drop happened exactly 5:15 right? So most likely spoon related. Wow can't believe we are still trading on that.

 

[StarFoxisDown!]

I thought the market was over this S&P crap. Maybe not lol. The stock dipped right around the time that announcement was made so who knows.

Anyone trading that S&P news just now and not realizing P/D likely out in the morning would have to be probably the most uninformed trader in the history of wall st.........unsurprisingly I wouldn't be shocked if that's what happened

 

[ninpb]

Now it seems the price increase could be overwhelming Tesla employees in China.

Wonder how crazy MIC Model 3 sales was on the first day of price cuts. According to a sales rep, all stores were flooded with new orders and store employees hardly had time for meals & communicating with customers. Q4 will be insane. pic.twitter.com/vHN4CsrMor

Online ordering not available for Chinese customers?

 

[Driver Dave]

I’m not making this up:

on yahoo finance Adam Jonas just predicted Tesla sales in China would be zero by 2030.

Sell!

Tesla's China sales will see a 'steady decline' to nothing beyond 2030: Adam Jonas

It's amazing how Adam Jonas can discuss many many things, and then make one pretty far out there stupid prediction at the end, and *that* is the headline yahoo finance uses.

Here is my prediction.

Can you imagine as more and more people wake up to how wrong these analysts usually are... especially in the case of TSLA where Morgan Stanley's customers missed out on a 10x return listening to guys like Adam Jonas using his imagination instead of facts.
I see services like Robinhood tied to robo-advisors fueled by machine learning eventually taking over and:

Morgan Stanley will see a 'steady decline' to nothing beyond 2030

Valid as anything...

 

[Tyler34]

I cant remember who, but several here speculated that the SPoon would add someone else right around Tesla battery day or P/D report coming out just to F with us. Guess they were right

Spoiler

It didnt phase us

 

[Robertj]

I’m not making this up:

on yahoo finance Adam Jonas just predicted Tesla sales in China would be zero by 2030.

Sell!

I emailed the writer and asked what drugs Jonas was on

 

[M|S|M MYP]

That stops high school thieves, it slows professionals down by at least five seconds.

Lol...exactly....those wheel locks slows down pros by maybe a min max...the time it would take to break those locks is laughable. A 'friend' told me this while i was in high school years ago

 

[kbM3]

Tesla's China sales will see a 'steady decline' to nothing beyond 2030: Adam Jonas

It's amazing how Adam Jonas can discuss many many things, and then make one pretty far out there stupid prediction at the end, and *that* is the headline yahoo finance uses.

Here is my prediction.

Can you imagine as more and more people wake up to how wrong these analysts usually are... especially in the case of TSLA where Morgan Stanley's customers missed out on a 10x return listening to guys like Adam Jonas using his imagination instead of facts.
I see services like Robinhood tied to robo-advisors fueled by machine learning eventually taking over and:

Morgan Stanley will see a 'steady decline' to nothing beyond 2030

Valid as anything...

Jonas believes nationalism will kick in later this decade to protect their manufacturers against Tesla.

I would assume some of this will happen, but obviously not as drastic as what Adam Jonis predicts.