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

[Lycanthrope]

Everything just dropped rapidly - I guess that's the "no stimulus deal today, folks"?

Aha, not today, not tomorrow either!

 

[mrmage]

Lol!! Let me tell you about balls of steel... 100% of my life savings have been in TSLA since early 2012. In February this year, I borrowed an additional £40k and added 100% of it to my holding. It's now at a point where on particularly volatile days the value of my holding fluctuates by more than your entire ROTH!

And I'm as tranquil as the Money Calm Bull... (Google it, it's a British thing)

I think the reason I'm so calm is I treat my ownership of TSLA as if it was my own growing business. I feel I'm a part owner of one of the most transformative companies in the world today, with enormous potential. It's not just a shareholding to me.

Or maybe I'm just too stupid to realise how precarious my financial situation is by doing what I've done!

To be fair, someone over 50 with a lower net worth is under much more stress than a person whose net worth is significantly higher even if the % tied into Tesla is the same. Losing or gaining 50% won't change the lifestyle of the latter that much, but is a life changer for the other.

 

[RobStark]

So one person has an issue with their roof install and it's considered news?

Yeah, chances are underlayment failure is unique to one house.

 

[MTL_HABS1909]

Nice drop. Totally normal.

Edit: Seems macros are tanking. Not sure what happened....

 

[farzyness]

Nice drop. Totally normal.

Edit: Seems macros are tanking. Not sure what happened....

Someone else posted above - likely a no deal on new rounds of stimulus.

 

[Favguy]

To be fair, someone over 50 with a lower net worth is under much more stress than a person whose net worth is significantly higher even if the % tied into Tesla is the same. Losing or gaining 50% won't change the lifestyle of the latter that much, but is a life changer for the other.

I agree. For what it's worth, I'm 52 now, when I invested all in TSLA I was 43 and only had £33k in life/pension savings and a very low total net worth with very little property equity. I thank Elon Musk & Tesla everyday for transforming my life financially beyond anything I was expecting.

 

[Joesantelli]

For those that said they can't think of any externals factors when I said due to political factors we will likely see sub 370 this week.

Now you know what I meant

 

[Prunesquallor]

Nice drop. Totally normal.

Edit: Seems macros are tanking. Not sure what happened....

Maybe this?

https://www.washingtonpost.com/nati...ral-tests-positive-coronavirus-pentagon-says/

 

[Mo City]

BREAKING: CBS News reports top U.S. military officials quarantined after COVID19 exposure:
Chairman of Joint Chiefs of Staff
Vice Chairman Army chief of staff
Naval Operations Chief
Air Force chief of staff
CyberCom Commander
SpaceForce operations chief

https://twitter.com/DavidBegnaud/status/1313526334577152000

Markets will eat this up.

 

[elasalle]

Everything just dropped rapidly - I guess that's the "no stimulus deal today, folks"?

 

[Singuy]

Trump just tweeted that he is stopping all negotiations on a COVID stimulus until after election. Baby taking football and going home.

Weird tactics
Wouldn't it be easier to vote him out if he is in the way of a stimulus deal? Negotiate with the democrats or be the democrats...hmmm.

Weird strategy with a -14 point deficit right now.

Really thought he would want a win before the elections, sending out personal messages like last time to not forget to thank him.

 

[Cherry Wine]

Folks, it's Trump pulling the plug on stimulus talks that is tanking the market. Pentagon staff testing positive has been in the news for hours with no reaction.

 

[Kenypowa]

Nice drop. Totally normal.

Edit: Seems macros are tanking. Not sure what happened....

For a moment I thought SEC is onto Elon again. LOL.

 

[phantasms]

Many of our top government officials have COVID...because....reasons.
Trump just tweeted no new stimulus until after the elections.
That'll do it.

Also....there's the pending him going back to the hospital in a few days. I'm not saying I want this to happen exactly I'm just saying I fully expect this to happen.

I wonder what the bottom will be here.

 

[ZsoZso]

Trump just tweeted that he is stopping all negotiations on a COVID stimulus until after election. Baby taking football and going home.

That's a good explanation for general market tanking, as it influences a lot of financial activity and business.
But I am still trying to wrap my mind around how many people were planning to buy a Tesla car from the stimulus money ? I can't imagine being a whole lot of people hoping to get THAT much stimulus...
So, how exactly does this influence Tesla business ?

 

[Sudre]

Now that was a buying moment. Now I have to hope things return for the sake of my trading account

 

[phantasms]

That's a good explanation for general market tanking, as it influences a lot of financial activity and business.
But I am still trying to wrap my mind around how many people were planning to buy a Tesla car from the stimulus money ? I can't imagine being a whole lot of people hoping to get THAT much stimulus...
So, how exactly does this influence Tesla business ?

In great depressions automotive sales tend to take a bit of a hit, generally.

 

[thx1139]

That's a good explanation for general market tanking, as it influences a lot of financial activity and business.
But I am still trying to wrap my mind around how many people were planning to buy a Tesla car from the stimulus money ? I can't imagine being a whole lot of people hoping to get THAT much stimulus...
So, how exactly does this influence Tesla business ?

Its a general sell off.

As for why Trump is doing this. He is trying to blackmail the US citizens to vote for him. You know very well if he loses no stimulus will occur until end of January.

 

[LN1_Casey]

Jeep Cherokee, I take a little break from the market and I come back to it cliff diving. Ugh. It's like the market isn't accepting that Tesla just posted record production and delivery numbers last week.

Looks like the lotto call I bought for my birthday this Friday won't pay off. Ah well.

 

[RobStark]

Yeah, chances are underlayment failure is unique to one house.

Which is why Tesla ditched the new underlayment ~2 months later.

But it is probably a random house.

Which Electrek agreed to follow before the solar roof project got started.