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

[UnknownSoldier]

Unless Elon is betting on Northern Ireland reuniting with Ireland and therefore returning to the EU, it would make no sense to build a factory there which is outside the EU's territory.

Also building a factory anywhere on the British Isles fundamentally makes no sense because cars would need to travel by boat to reach continental Europe. Even if the UK was still part of the EU, it would still be a terrible idea.

 

[StealthP3D]

I'm guessing this is Tesla responding to an increased likelihood of the Federal tax credit coming back. They can't increase prices by $7k across the board without facing criticism, and they cannot yet produce enough SR to satisfy the demand that would be induced by tax credit. So they've ceased sales of the SR and expect to capture some of the tax credit as additional margin when those who would have bought an SR stretch for the LR instead.

Or could be related to that recent news of Tesla replacing the sprung structure for the Model Y at Fremont with a permanent one. Maybe they just won't have the space to make the SR while they're building the new assembly line.

That's all logical and reasonable speculation. We may never learn the specifics but one thing is pretty certain: It was a logical first principles response to facts on the ground that we may never know.

What kills me are the people who jump to unwarranted conclusions and say things like "oh, golly gee whizz, this really reflects poorly on them, maybe they are a bunch of totally disorganized amateurs" as if that's even worth discussing.

I'll say this: If the performance of the company to date was the result of a bunch of disorganized amateurs then, quick, hire a bunch more disorganized amateurs!

 

[EVWatcher]

That's all logical and reasonable speculation. We may never learn the specifics but one thing is pretty certain: It was a logical first principles response to facts on the ground that we may never know.

What kills me are the people who jump to unwarranted conclusions and say things like "oh, golly gee whizz, this really reflects poorly on them, maybe they are a bunch of totally disorganized amateurs" as if that's even worth discussing.

I'll say this: If the performance of the company to date was the result of a bunch of disorganized amateurs then, quick, hire a bunch more disorganized amateurs!

But as random people are twitter and forums like this were are orders of magnitude smarter than the people of the companies we envy and obsess over. Come on.

 

[insaneoctane]

I'm guessing this is Tesla responding to an increased likelihood of the Federal tax credit coming back. They can't increase prices by $7k across the board without facing criticism, and they cannot yet produce enough SR to satisfy the demand that would be induced by tax credit. So they've ceased sales of the SR and expect to capture some of the tax credit as additional margin when those who would have bought an SR stretch for the LR instead.

Or could be related to that recent news of Tesla replacing the sprung structure for the Model Y at Fremont with a permanent one. Maybe they just won't have the space to make the SR while they're building the new assembly line.

I suspect this is the right answer. Ask yourself what levers Tesla has to deal with the likely impending tax credit...if they are supply limited and suddenly overnight, consumers can get their Tesla for $7K less, that produces a serious backlog. Might as well temper it a bit and increase margins while they are at it. This stuff is quite complicated IMO

 

[StealthP3D]

When it comes to technological innovation, Trevor turned the dial up to 1.

Is that on a scale of 0-10 or 1-10?

 

[RobStark]

But as random people are twitter and forums like this were are orders of magnitude smarter than the people of the companies we envy and obsess over. Come on.

Corporate Aristocrats should never be questioned.

Once corporations reach ultimate success, like Boeing and General Electric, they are never run into the ground.

 

[EVWatcher]

Is that on a scale of 0-10 or 1-10?

He did get it to roll down a hill so well peopl

Corporate Aristocrats should never be questioned.

Once corporations reach ultimate success, like Boeing and General Electric, they are never run into the ground.

Interestingly I think this raises an interesting point about the entrepreneur leader vs the hired gun replacement CEO. Whoever does eventually succeed Musk is going to get a hell of a lot more scrutiny than Musk ever did, which is saying something.

 

[Lycanthrope]

Sorry to interrupt the BTC, fork and earthquake discussions, but pre-pre-markets looking very ugly this morning, tech down, EV's down even more. Only green stuff on my watchlist are the WSB darlings

 

[NooB_cat]

Sorry to interrupt the BTW, fork and earthquake discussions, but pre-pre-markets looking very ugly this morning, tech down, EV's down even more. Only green stuff on my watchlist are the WSB darlings

Was just going to ask if anyone knows why everything has dropped so much pre market?

 

[Johan]

Was just going to ask if anyone knows why everything has dropped so much pre market?

"The market"; NASDAQ futures down, Dow futures down, gold up, Bitcoin up (the new gold?). TSLA just has a multiplier which goes both ways...

Still - what gives? Uneployment - but these are hardly news? And it seems stimulus is being pushed through congress?

 

[EVWatcher]

"The market"; NASDAQ futures down, Dow futures down, gold up, Bitcoin up (the new gold?). TSLA just has a multiplier which goes both ways...

Still - what gives? Uneployment - but these are hardly news? And it seems stimulus is being pushed through congress?

Bitcoin is down 6%

 

[SN_8]

Are we going to get some help today from the lower BB/50MA?

 

[ProfTournesol]

"The market"; NASDAQ futures down, Dow futures down, gold up, Bitcoin up (the new gold?). TSLA just has a multiplier which goes both ways...

Still - what gives? Uneployment - but these are hardly news? And it seems stimulus is being pushed through congress?

interest / bond market

 

[Christine600]

"The market"; NASDAQ futures down, Dow futures down, gold up, Bitcoin up (the new gold?). TSLA just has a multiplier which goes both ways...

Still - what gives? Uneployment - but these are hardly news? And it seems stimulus is being pushed through congress?

The US 10 Year Treasury is climbing - currently 1.362%

Tesla is only making profit thanks to bitcoin. /s

 

[Christine600]

Source: https://twitter.com/elonmusk/status/1363783322770448386

 

[Pezpunk]

What kills me are the people who jump to unwarranted conclusions and say things like "oh, golly gee whizz, this really reflects poorly on them, maybe they are a bunch of totally disorganized amateurs" as if that's even worth discussing.

I'll say this: If the performance of the company to date was the result of a bunch of disorganized amateurs then, quick, hire a bunch more disorganized amateurs!

"If Tesla did it, then it must be smart" is dangerous point of view. Anyone who thinks a company they invest in is incapable of making mistakes is an irresponsible investor.

 

[WarpedOne]

"If Tesla did it, then it must be smart" is dangerous point of view. Anyone who thinks a company they invest in is incapable of making mistakes is an irresponsible investor.

No, irresponsible investor is the one who criticizes the decisions but does not stop being investor.

You think they are doing it wrong => you take the money and run

 

[TheTalkingMule]

Sorry to interrupt the BTC, fork and earthquake discussions, but pre-pre-markets looking very ugly this morning, tech down, EV's down even more. Only green stuff on my watchlist are the WSB darlings

The GME battle is back on. I think we'll see others swoop in to buy up these shares at the open.

 

[Pezpunk]

No, irresponsible investor is the one who criticizes the decisions but does not stop being investor.

You think they are doing it wrong => you take the money and run

You only invest in companies you believe are inherently perfect and fundamentally beyond criticism? Impressive. But why bother posting here if everything Tesla does is perfect and unquestionable?

I invest in companies i believe in. That doesn't necessitate me believing they're incapable of making mistakes.

 

[WarpedOne]

>> You only invest in companies you believe are inherently perfect and fundamentally beyond criticism? Impressive.

What is impressive is cognitive dissonance in giving them your money (i.e believing they will do better than you could) and then criticizing their decisions.
Criticism only comes from and always means "I know better".

>> But why bother posting here if everything Tesla does is perfect and unquestionable?

Questioning is seeking insight, criticism is knowing better.


>> I invest in companies i believe in. That doesn't necessitate me believing they're incapable of making mistakes.

What good will come out of your public criticism?
Will they do better?
Will they correct what you see as a mistake?

... beyond funny.