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

[SO16]

Second largest tech tuber reviews the Model Y. This is how FUD have consequences. This was not a positive review IMO. Bit of a mix bag plus a huge rant about why Tesla sucks by bringing up FUD.

I agree. Way too much FUD in that review.

He says he didn’t buy a Tesla because he doesn’t support how Tesla does some things. But yet he’s okay with Chevy and others with what they do? Give me a break.

 

[BabyBull]

A LEAPS question to all.

Yesterday my Ameritrade account was showing 2023 Mar17 leaps to be 130$ bid but open interest was 0 for all the available OTM calls. Today it is up by 20$ and the open interest numbers is a lot.

What happened? Did a bunch of people wrote calls overnight?

These are soooooo expensive. The ITM ones are even way more expensive. Who buys at these crazy prices? What logic do you use to calculate if buying leaps is cheaper vs stocks?

 

[Prunesquallor]

Even though today is a Thursday, it is a weekly options expiration day because of the holiday tomorrow. Big call option writers (mainly hedge funds and market makers) may want to protect some of their positions by attempting to push the TSLA share price downward into today's close. They can cover any shorts on Monday, but the options expire today. They would likely prefer a close at $700, although $710 may be more reasonable. However, they'll have to fight the money managers performing end-of-year window dressing.

Settling nicely onto UBB, between $700 & $710. There's your answer.

 

[DutchDriver]

Come ooonn TSLA keep on climing you can do it!!

 

[Boomer19]

Even though today is a Thursday, it is a weekly options expiration day because of the holiday tomorrow. Big call option writers (mainly hedge funds and market makers) may want to protect some of their positions by attempting to push the TSLA share price downward into today's close. They can cover any shorts on Monday, but the options expire today. They would likely prefer a close at $700, although $710 may be more reasonable. However, they'll have to fight the money managers performing end-of-year window dressing.

yeah. significant pattern change back to 707-708 now

wonder if we’ll get back up to 715 or more like we did earlier

edit: even worse. looks like it’s trying to take away all of today’s gains at this point. would be nice to rally back up a bit to be convincingly into the 700s for year end

 

[Singuy]

I agree. Way too much FUD in that review.

He says he didn’t buy a Tesla because he doesn’t support how Tesla does some things. But yet he’s okay with Chevy and others with what they do? Give me a break.

Well the media hides what GM does and amplifies every little thing what Tesla does...and they amplify everything with a negative slant which makes Musk seem like a defensive prick. There are many people out there who thinks Musk skews more closer to Trump as his personality.

 

[HG Wells]

Looks like the Robin Hood crowd is closing out their calls.

 

[ggr]

Even though today is a Thursday, it is a weekly options expiration day because of the holiday tomorrow. Big call option writers (mainly hedge funds and market makers) may want to protect some of their positions by attempting to push the TSLA share price downward into today's close. They can cover any shorts on Monday, but the options expire today. They would likely prefer a close at $700, although $710 may be more reasonable. However, they'll have to fight the money managers performing end-of-year window dressing.

I am not sure that all the benchmark funds are in yet, either. Yes, the MMs are pushing hard to get back down to $700, but may not succeed. There's still a closing cross too.

 

[Paul_SF]

Happy New Year to all! Thank you for your knowledge and participation! See you all in 2021!

 

[elasalle]

A LEAPS question to all.

Yesterday my Ameritrade account was showing 2023 Mar17 leaps to be 130$ bid but open interest was 0 for all the available OTM calls. Today it is up by 20$ and the open interest numbers is a lot.

What happened? Did a bunch of people wrote calls overnight?

These are soooooo expensive. The ITM ones are even way more expensive. Who buys at these crazy prices? What logic do you use to calculate if buying leaps is cheaper vs stocks?

Retail investor here, but I did, but only to manage positions, -- against Sold Jan 23's from a while back. Closed most of the Jan 23's, but decided to shadow 4 of them with 5 March Calls. Different strikes, but roughly same Delta - but with march 23 having more leverage. cheers!!

 

[wipster]

Damn, thinking about taking a nap!

 

[Prunesquallor]

Settling nicely onto UBB, between $700 & $710. There's your answer.

I take it back. My prediction: $699.95.

 

[joh01652]

These Stocks Will Win No Matter Who Wins the EV Race

Motley Fool continues to demonstrate that they just don't get Tesla. Here's an article that claims to pick wins no matter who wins the EV race.

They begin with the unsupported assertion that EV stocks are overvalued "anyway you look at it." Apparently they are ignorant of Tesla bull theses.

So if they are not recommending Tesla as a way to play the EV race, what do they recommend? NextEra Energy, a power producer with renewable assets; Switchback Energy, which is a SPAC for CargePoint; and a biomethane producer I've never heard of. Allegedly these three are winners no matter who dominates the EV market. But is that true specifically if Tesla were to overwhelmingly dominate.

NextEra has done a good job pivoting to wind, solar and battery generation. But does this position them to enjoy growth it Tesla brings more EVs to market? No. What Motley Fool overlooks is that Tesla Energy produces more power than what Tesla and its EVs produce. Tesla Energy is first in line to benefit from power demand growth from EVs it brings to market. Tesla Energy is a direct competitor to NextEra. So it is not at all certain that NextEra wins no matter who wins the EV race.

ChargePoint may have a valid subscription-based business model. But it is in direct competition with Tesla Superchargers. The vast majority of Tesla owners will not need a subscription to ChargePoint. The greater share Tesla has of the EV market, the less residual demand there is for ChargePoint. So again, ChargePoint is not a winner "no matter who wins the EV race."

Finally, the assertion behind biomethane is that heavy duty commercial vehicles can't all run on batteries so their must be an EV angle for biomethane producers, "no matter who wins the EV race." This is wrong on so many levels, not the least of which is a bloated natural gas industry outbidding each other for the same crumbs of decline demand. But specifically if Tesla wins with the Semi, the who CNG vehicle investment thesis falls apart.

To recap, if Tesla wins the EV race, the future is uncertain for these three alternative investments. Specifically, Tesla competes directly with each of them if you appreciate the full scope of where Musk is leading Tesla. It is curious that Motley Fool (and others) are so eager to find alternatives to investing in Tesla that they miss out on the full scope of investing in Tesla.

It's simple: if you really want to invest in EVs, start with Tesla. Take the time to appreciate all the ways Tesla will extract value from every segment of the EV value chain. Then consider residual opportunities for other companies to participate in the new ecosystem.

Agreed. The only reason I have a Chargepoint account is because I travel frequently and they often have free Level 2 chargers I use when I'm stationary or not in a hurry. Otherwise I only use Tesla's SCs. It cost $10 to start the account.

 

[Unpilot]

Damn, thinking about taking a nap!

Do it!

 

[JustSaying]

It definitely was a great year for Tesla investors.
I wish to thank everybody here for the sharing of all your knowledge and wit.
Tonight I will drink from this special bottle with gratitude for this and will toast to the health of you all.
Have a lovely evening and to reading in this thread with pleasure next year.
Stay safe and healthy!

View attachment 622908

Agreed, no two buck chuck tonight,
Thank you Mr. Musk...

 

[strago13]

Masterclass in walking the SP down.

 

[Sancho]

Even though today is a Thursday, it is a weekly options expiration day because of the holiday tomorrow. Big call option writers (mainly hedge funds and market makers) may want to protect some of their positions by attempting to push the TSLA share price downward into today's close. They can cover any shorts on Monday, but the options expire today. They would likely prefer a close at $700, although $710 may be more reasonable. However, they'll have to fight the money managers performing end-of-year window dressing.

I assume that the big players have already hedged or liquidated their positions on options expiring today. For example, many of the folks that sold 700 calls did so several weeks ago, and made their profits before this week. Another group made their profits through Wednesday of this week. By the time it gets to today, the lion's share has been liquidated or sold. The folks either winning big or losing big today are for the most part day traders and algos. Just about anyone now in the last hour with open short or long positions on 12/31 700s are short term traders (and by short term here I mean minute by minute) and amateurs. It may well land exactly at 700, but that's just the day traders and algos doing their thing.

 

[Mike Smith]

TSLA is up less than the S&P since the inclusion date now, so this could be the bottom.

 

[Boomer19]

they’re really going to sell it back below 700? losers. pretty subpar way to end the year.
despite 2020 treating many of us well, good riddance to it as far as i’m concerned. ive had enough.

 

[Duffer]

The Tesla Shop recently lowered the diecast prices of the Model S, 3, and X to $175 while the Roadster and Semi remained at $250. The Roadster and Semi are now $175 as well.

The end of quarter sales push is real!

That's curious, I've never met a Tesla owner who told me they had a subscription to another charging network. Perhaps this is a more local phenomena.

It would be nice to hear from others. You can count me as a Tesla owner who has never used a non-Tesla charger.

My employer has several ChargePoint stalls located in our parking structure. I charged there until my Tesla home charger was installed. I keep the ChargePoint card in the "cubby" for those Bay area shopping trips. It's nice pulling into a full lot and parking in the ChargePoint stalls up front.