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

[bro1999]

Word. This 7 handle is getting ridic. Tree's been shooken dudes!

My Mar 19 call is up today despite TSLA tanking nearly 5%. If it can shift back into D, that will send call values skyrocketing. Just waiting for the rocket fuel to ignite.

 

[TheTalkingMule]

Any clues as to points of resistance at this point?

Generally resistance to these stop-loss pushdowns is lunch. Generally.

 

[TheTalkingMule]

My Mar 19 call is up today despite TSLA tanking nearly 5%. If it can shift back into D, that will send call values skyrocketing. Just waiting for the rocket fuel to ignite.

Yeah, you can make a pretty good argument that we've come to the end of this most recent "consolidation period" of low volume/volatility and it has to break one way or the other. IMO this morning action is MM attempting to make that direction down. If you don't buy into that, this is a free additional 6% as we prepare for the next leg up. To commence......Wednesday?

 

[UkNorthampton]

Some more sites spotted:-
https://twitter.com/Yaghus2/status/1362713474028220416 Wyton and Alconbury - 6000 cars

Note the speculation on Tesla replacing Merc/BMW due to UK company car changes (Benefit In Kind - BIK) - also applies to lots of EU where company cars are a big part of the new market.

View attachment 638043

Tesla effect - lease rates/OEM financials for other makes of car will suffer. I suspect independent lease companies (esp for company cars) will penalise legacy OEMs but support Tesla/EVs

I spoke with someone at the weekend about something else. I've never mentioned this subject with them before (dumping new/nearly new ICE cars by the thousand in storage areas).

Towards the end of the call, they changed the subject to talk about this! I can't verify anything.

Some notes:-

1) They mentioned other locations (I didn't know them)

2) Lots of break ins by thieves, stealing catalytic converters & subsystems with lots of chips (for the chips)

3) At least one legacy OEM cannibalising stored vehicles for engine parts.

4) Their own company (not cars) struggling to get chips they need

 

[vikings123]

Any clues as to points of resistance at this point?

On the daily chart 730 area and then 695. There's really not a whole lot of support when you look at the daily chart. Need something, you know a FSD subscription or Elon email leak lol.

 

[SpaceCash]

I'm buying more calls, this is goof city

 

[BlackS]

Eh...i just look at today as the spring still being coiled....nas is down across the board...no need to panic.

 

[Singuy]

On the daily chart 730 area and then 695. There's really not a whole lot of support when you look at the daily chart. Need something, you know a FSD subscription or Elon email leak lol.

Slight shift to covid recovery stocks like CCL and Disney. I wouldn't worry about today as tsla is just having a run of the mill dip vs my other high PE growth stocks. I don't mind tsla dip if everyone is suffering. Just hate those days when tsla is down and everyone else having a party.

 

[asburgers]

What's the macro driver today? I am unable to find anything coherent other than a "case of the Mondays".

 

[Artful Dodger]

Any clues as to points of resistance at this point?

We're testing support at start-of-year levels today: here's the YTD chart

Note we've already tested the Closing SP from the 2nd day of the year, and we've touched intraday SPs which occurred on the 1st day of 2021.

Cheers!

 

[SpaceCash]

Bought some April 16th 880s for $27

May dip into more leaps as that is what originally made me so rich, but holy cow they are EXPENSIVE NOW

 

[MTL_HABS1909]

I’ve recently bought at $796, $779 & $765. I’m really bad at catching falling knives

 

[Singuy]

What's the macro driver today? I am unable to find anything coherent other than a "case of the Mondays".

Tech rotation. All covid tech stocks are tanking while covid recovery stocks are getting love. This happened many times in the past when covud numbers come down.

 

[keydiver]

Best answer so far...
People are freezing or burning, either way batteries needed. I bet this is a shift in response to serious new orders on Powerwalls and Megapacks.

I agree, they may be diverting more cell production to Powerwalls. Considering that it has taken Tesla 3 years+ since I put down my Powerwall deposit (they never responded), and the local Tesla approved installer took 14 months to finally install them after I signed the contract, there must be a HUGE backlog of Powerwall orders. My installer told me that they have 155 installations waiting, but Tesla is only shipping them 2 or 3 Powerwalls at a time. For many customers it also meant holding up their solar installation, but this company finally decided to just install the solar and all the needed electrical panels, and come back later to install the Powerwalls when they come in. Florida could be a HUGE Powerwall opportunity, if they only had enough cells.

 

[Chunky Jr.]

What's the macro driver today?

From what I can tell, interest rates are ticking up

 

[insaneoctane]

Market Manipulators goal will be to try to use the low volume and restricted trading priviledge of the pre-Market to drive the SP below critical support levels. If they can get it to Open below these levels, they become a ceiling rather than a floor.

Classic manipulation, and the #SEC does nothing, ever.

#CONGRESSIONALOVERSIGHT

About the only thing we can do when this happens is capitalize on their manipulation by buying the dip.

 

[asburgers]

Tech rotation. All covid tech stocks are tanking while covid recovery stocks are getting love. This happened many times in the past when covud numbers come down.

I'm trying to work out the clues in the bond market and Burry's cryptic tweets alluding to USD implosion. I will limit my sodium intake if someone can ELI20.

 

[AimStellar]

I buy TSLA on days that end in Y...

First time buying/selling an option... Did I screw up? Please be honest.

 

[Krugerrand]

So if I invest the money from the kids college fund and then buy even more on margin, does that mean my kids have to stop school in 8th grade if stock keeps going down?

And get jobs.

 

[SpaceCash]

I buy TSLA on days that end in Y...

First time buying/selling an option... Did I screw up? Please be honest.

Ya done good! I can nearly guarantee this will pay off in spades. I was over 99% invested in TSLA calls, mostly leaps, from mid 2019 to Dec 2020. My return percentage has been so ridiculous it sounds like a fantasy.