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

[Mengy]

Buffet bought DVA.

But BH has owned DVA for some time. I don't think this is the mystery stock, that isn't supposed to be revealed until after close today, correct?

 

[Yuri_G]

Ok, it's clear that Gates just doesn't like Tesla and maybe EVs in general. I mean come on. Yes meat and cement are huge contributors but do you think we will have an easier time getting people to drive a Tesla or give up hamburgers?

He said that companies like Tesla are doing great work on “easy stuff, like passenger cars” but that we need to tackle other industries to make a bigger climate change difference.

“We’re basically not doing enough on the hard stuff: steel, cement, meat,” he said. “And sadly, the things people think about — the electricity, passenger cars — are a third of the problem. So we have to work on the two-thirds. And if all you pay attention to is those short-term metrics, not the green premiums across the board, then you miss out on what is the longest lead time, which is the hard stuff.”
Bill Gates: Unlike Elon Musk, I'm not a Mars person (cnbc.com)

He gave props later in the interview.

"Well, it’s important to say that what Elon did with Tesla is one of the greatest contributions to climate change anyone’s ever made. And you know, underestimating Elon is not a good idea."

Opinion | Innovation, Not Trees. How Bill Gates Plans to Save the Planet.

 

[AimStellar]

He gave props later in the interview.

"Well, it’s important to say that what Elon did with Tesla is one of the greatest contributions to climate change anyone’s ever made. And you know, underestimating Elon is not a good idea."

Opinion | Innovation, Not Trees. How Bill Gates Plans to Save the Planet.

Wow, thanks. Much appreciated (and overdue, IMO) to hear this from Gates.

And most certainly not part of this week's 60 Minutes coverage.

 

[AimStellar]

Also, great news all: It snowed in Texas, so global warming is fake.

Thanks, CNBC.

/sarcasm

 

[Paul_SF]

Ok, it's clear that Gates just doesn't like Tesla and maybe EVs in general. I mean come on. Yes meat and cement are huge contributors but do you think we will have an easier time getting people to drive a Tesla or give up hamburgers?

He said that companies like Tesla are doing great work on “easy stuff, like passenger cars” but that we need to tackle other industries to make a bigger climate change difference.

“We’re basically not doing enough on the hard stuff: steel, cement, meat,” he said. “And sadly, the things people think about — the electricity, passenger cars — are a third of the problem. So we have to work on the two-thirds. And if all you pay attention to is those short-term metrics, not the green premiums across the board, then you miss out on what is the longest lead time, which is the hard stuff.”
Bill Gates: Unlike Elon Musk, I'm not a Mars person (cnbc.com)

Elon did say on Rogan that at one point Gates had a short position on Tesla. Which is a pity and so sugary. Unfortunately.

edit: allegedly. He said he heard, not confirmed.As stated by asburger.

 

[asburgers]

Elon did say on Rogan that at one point Gates had a short position on Tesla. Which is a pity and so sugary. Unfortunately.

To be fair, he said that "he heard that". Not confirmed info.

 

[Singuy]

To be fair, he said that he heard that. Not confirmed.

A retired CEO with that much wealth must have some under management by hedge funds which most likely has a short position on Tsla. Gate doesn't have the time to research Tesla and then build up enough conviction to purposely short it. The guy is so busy in third world countries unlike Michael Burry who doesn't do anything else useful with his life.

 

[ByeByeJohnny]

Elon did say on Rogan that at one point Gates had a short position on Tesla. Which is a pity and so sugary. Unfortunately.

We don't know. I doubt Gates does the day to day trade decisions for all of his investments. If someone running a portion of that did a smallish short against Tesla at some time it might not have been more significant than that Gates should have given better clarifications to those trading what would be a no-no position. Again, it might be worse but we don't really know.

I remember one of Dave Lees discussions, probably two months back where he asked Emmet Peppers about betting against Tesla. Emmet was like 'I wouldn't do that, not even if I thought I would profit from it'. Dave was visibly surprised. I don't remember his response word for word but it was pretty clear, including his facial reaction, that Dave would invest against Tesla if he could make some money from it.

 

[Beltsbear]

Tesla owns 79% of the electric car market in the US, and that needs to change - Electrek

From the article:
Here are the top 10 electric cars by sales in the US in 2020:

1. Tesla Model 3: 95,135
2. Tesla Model Y: 71,344
3. Chevrolet Bolt EV: 19,664
4. Tesla Model X: 19,652
5. Tesla Model S: 14,430
6. Nissan Leaf: 8,972
7. Audi E-tron: 7,089
8. Porsche Taycan: 3,943
9. Hyundai Kona EV: 2,964
10. Kia Niro EV: 2,807

Tesla is destroying the EV auto competition in the U.S., not even close. And when you add in huge solar&storage growth over the next few years, makes perfect sense for me for BH to start a position in one the biggest S&P 500 companies. BH isn't stupid, they can read a balance sheet as well as anyone. And yeah, they have Amazon and Apple in their portfolio--at some point they will buy Tesla.

This is without a federal tax credit. Everything from number 6 to 10 gets a big advantage.

 

[Singuy]

Tesla owns 79% of the electric car market in the US, and that needs to change - Electrek

From the article:
Here are the top 10 electric cars by sales in the US in 2020:

1. Tesla Model 3: 95,135
2. Tesla Model Y: 71,344
3. Chevrolet Bolt EV: 19,664
4. Tesla Model X: 19,652
5. Tesla Model S: 14,430
6. Nissan Leaf: 8,972
7. Audi E-tron: 7,089
8. Porsche Taycan: 3,943
9. Hyundai Kona EV: 2,964
10. Kia Niro EV: 2,807

Tesla is destroying the EV auto competition in the U.S., not even close. And when you add in huge solar&storage growth over the next few years, makes perfect sense for me for BH to start a position in one the biggest S&P 500 companies. BH isn't stupid, they can read a balance sheet as well as anyone. And yeah, they have Amazon and Apple in their portfolio--at some point they will buy Tesla.

Not enough batteries in conjunction with EU massive fines pushed Tesla to a 79% market share and growing. I was reading the reports published in 2014 about EU's fine and goal of having average fleet hitting below 95kg CO2/100km. Seems like the only mass production cars that can achieve this are diesel and hybrids. Of course diesels cars were caught cheating so then this is why the future of BMW is hybrids. If you can build 5 hybrids with the usage of 1 battery pack worth of cells for a i3/i4 or whatever, you want to build the 5 hybrids or else get massively fined.

 

[wipster]

This whole pin it to 800 on a Monday thing is weird, no?

Yeah, even more because it's Tuesday...

 

[Pezpunk]

Ok, it's clear that Gates just doesn't like Tesla and maybe EVs in general. I mean come on. Yes meat and cement are huge contributors but do you think we will have an easier time getting people to drive a Tesla or give up hamburgers?

He said that companies like Tesla are doing great work on “easy stuff, like passenger cars” but that we need to tackle other industries to make a bigger climate change difference.

“We’re basically not doing enough on the hard stuff: steel, cement, meat,” he said. “And sadly, the things people think about — the electricity, passenger cars — are a third of the problem. So we have to work on the two-thirds. And if all you pay attention to is those short-term metrics, not the green premiums across the board, then you miss out on what is the longest lead time, which is the hard stuff.”
Bill Gates: Unlike Elon Musk, I'm not a Mars person (cnbc.com)

that doesn't sound critical of Tesla at all. He's just pointing out that in terms of climate change, passenger cars are merely one vector of the bigger picture.

 

[ZeApelido]

View attachment 637332

Sawyer is De Meritted.

 

[ABCTG]

View attachment 637139 View attachment 637139

Tesla Solar Roof - What happens when it snows?

 

[Curt Renz]

Benzinga - 24 minutes ago: Adage Capital Partners Reports Share Stake In Airbnb Of 115,000 Class A Shares, Takes Share Stake In Tesla Of 659,500 Shares, Dissolves Share Stake In American Airlines

Adage had no TSLA shares at the end of Q3. It bought 659,500 shares in Q4.

 

[stealthyc]

I don’t think the word “merely” should be used for the single largest contributor of C02 emissions.

That is a US centric view, globally it is definitely not the largest.

Emissions by sector

 

[phantasms]

Yeah, even more because it's Tuesday...

I’m sure I typed Tuesday, must be that new spotty internet service that I started using today.

 

[saniflash]

I’m sure I typed Tuesday, must be that new spotty internet service that I started using today.

View attachment 637346

I'd have expected you to be older based on your contributions here

 

[phantasms]

I'd have guessed you to be older based on your contributions here

My daddy clicked “I’m over 18” on my Robinhood account two years ago and now I’m a teslanair!

 

[Johan]

Berkshire didn't buy TSLA.

SEC FORM 13-F Information Table

New holdings that I can see are:

Chevron

The stupid old man bought Chevron stock for 3,5 billion dollars! Un-be-F-ing-lievable.