MTL_HABS1909
Active Member
Absolutely insane that the NASDAQ is up 4.3% and TSLA is negative.
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
woodisgood
Optimustic Pessimist
Green energy and solar is getting hammered while the broader market is soaring. This is presumably a response to Republicans maintaining control of the Senate.
TSLA is conveniently lumped in with green energy today instead of tech.
TSLA is conveniently lumped in with green energy today instead of tech.
corduroy
Active Member
There is no way this wraps up in any neat and tidy way today. I expect lawsuits, recounts, and scorched earth tactics we can't even image to drag this out and drag the markets down. I'm afraid we are just getting started. 
Mo City
Active Member
ZachF
Active Member
TBH, (just my opinion yall) I find the country often seems to function best when there is a D pres and R legislator. Late 90s and 2010-2016 were pretty politically stable overall with good economic growth and declining/improving budget deficits.
Drumheller
Active Member
There is no way this wraps up in any neat and tidy way today. I expect lawsuits, recounts, and scorched earth tactics we can't even image to drag this out and drag the markets down. I'm afraid we are just getting started.
Agreed. Trump started that process last night when he claimed he had won but shady things happened. What he said at 2:30am made it clear he will not accept a loss and will do everything he can to stay in office.
A lot of people expressed that assuming Biden become president but Senate remains in Republican's hand, then bills could be sitting on Mitch McConnell's desk and possible TSLA friendly legislation has no chance to pass.
This is not how USA political system works.
House of Representatives could initiate a bill with hundred items inserted, one being TSLA friend bill, Senate cannot just shelf the whole bill because of one item, no matter how much they hate it. Then it become political horse trading, how much money I can give you to build that bridge to no where, how much military order I can guarantee that factory in your district so you can turn around to face your constituent and say "even though I hate the EV subsidy line item, but this money that I will get is just so sweet....",
The reason Obama was powerless during his years was because both house and senate were controlled by Republicans so he really could not do anything.
But as far as house is in Democrat's hand, then political dealing is live and well. There used to be time that past presidents made close to 100 phone calls per day to senators and congressmen gathering the support for their legislative initiatives.
Of course, Biden win is a big IF to me.
This is not how USA political system works.
House of Representatives could initiate a bill with hundred items inserted, one being TSLA friend bill, Senate cannot just shelf the whole bill because of one item, no matter how much they hate it. Then it become political horse trading, how much money I can give you to build that bridge to no where, how much military order I can guarantee that factory in your district so you can turn around to face your constituent and say "even though I hate the EV subsidy line item, but this money that I will get is just so sweet....",
The reason Obama was powerless during his years was because both house and senate were controlled by Republicans so he really could not do anything.
But as far as house is in Democrat's hand, then political dealing is live and well. There used to be time that past presidents made close to 100 phone calls per day to senators and congressmen gathering the support for their legislative initiatives.
Of course, Biden win is a big IF to me.
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Mo City
Active Member
Does Trump have any legit recourse outside of PA, which Biden probably does not need?
ZachF
Active Member
I'd say at this point Biden win is about 80% likely
Trump has no legal recourse anywhere, including PA. The most he can do is ask for a recount and that's up to the states unless the result is within a certain percentage. He's a dog that can bark but has no actual power to bite.
If Biden wins, Trump has no power to stop the process of swearing in a new president in Jan. He effectively becomes powerless the moment it happens......even if he refuses to come out of the white house.
Drumheller
Active Member
Legit? I don't have enough knowledge to say. However, I expect it to be a drawn out process with legal actions, media drama, and more polarization of thr populace so that by the time Biden takes office, a sizeable portion of the population claims it was stolen from Trump.
I hope I'm wrong on this
They're recounting WI, but 21k votes is a pretty big margin, it's not like the 500 "hanging chads" that scuppered Gore.
I pretty much expect a recount in WI, MI, NV, and PA.
Not going to change the results but will delay confirming Biden.
There is this company, Tesla. They are changing the world with innovative clean renewable energy related products and services. They have this stock, $TSLA, that many investors like to discuss on a forum.
Just thought I would mention it in case anyone is interested.
Just thought I would mention it in case anyone is interested.
Isn't there some saying about lameness?
Let's keep it neutral so we can keep up the convo. Thanks.
I look forward to the discussion returning to buying private islands and early retirement strategies. Oh, and useful info about TSLA
Biden has moved ahead in MI, now 25k - I'm using this site, which seems to have fresher data than many others: DDHQ Election Results
You have to register, but I just used the FecesBook login
Still scratching my head how what's looking like a likely Biden win could be seen as negative for Tesla (and renewables), the Senate being held by GOP looked very likely hours ago, it's only since Biden flipped MI that the stock go hammered.
Or it could just be the MM's - if they'd let it run 4-5% up from yesterday's close then they'd be needing to delta-hedge $450, which they may need to anyway, if it breaks-out from the strangle-hold.
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