This was the Apple guy:What a great idea !
Along those lines, if Tesla was to find a way to give every shareholder of record a "Tesla digital wallet", and then even deposit $0.10 a share into the wallet as a dividend on occasion, would that not require all the "naked shorts" to periodically buy back the shorted shares?
I do recall reading somewhere that Tesla had recently hired the person who created Apple Pay. An electronic "Tesla Digital Wallet" with the side benefit of messing with the shorts would be delightful !!
Thanks very much for this very helpful and entertaining analysis!
On the topic of the GigaPress, someone with a reasonable insight in both the engineering and the economics went through quite a diverse set of sources and made a video with their estimate of the cost of one gigacasting, with some rather bullish findings. Their English pronunciation is not perfect and while the presentation is interesting enough, I will just post the estimated, main numbers (assuming among other things a 10% scrap rate):
1) 7/8 of the cost per unit is the cost of the raw aluminum,
2) depending on wage level (China vs US) and some other variables, unit cost is in the range 167$ - 273$.
If these numbers are anywhere near realistic, I think we can expect Tesla to try to Gigacast as much as possible...
I dunno. It seems to me that a year end PT of $1,200 has to assume some upside catalysts. To be honest, I mostly agree with the conclusions. Sure, looking back, one can say this analysis is coming out too late and the milk has already been spilled. But I don't disagree there are still risks for the first half of the year. Short term risk with long term certainty is exactly my current opinion.The reason I say it's a garbage note from that analyst is that it calls out something that is "a risk" that's a year out when the analyst in the same note is keeping their PT at 1200 for end of 2021.......all while the analyst seemingly doesn't acknowledge any upside catalysts for 2021. It honestly reads at a fear mongering note. If appears Tesla is on track for 900k+ deliveries by Q2 P/D numbers, the stock won't be affected by Cybertruck being pushed by a quarter. They also don't seem to be that knowledgeable about what's going on because they fail to mention that there's multiple pieces of anecdotal evidence that the Semi will start deliveries this summer. Giga Austin and Giga Berlin are both moving ahead of what anyone thought was possible even 6 months ago.
Honestly, there's no reason to put out that note except to stoke fear of further sell offs and to put doubt in investor's mind about another Cybertruck delay. We've seen no anecdotal evidence that the Cybetruck is falling further behind and we've seen plenty of evidence that the Semi is ahead of schedule.
Again sorry, but to put out a note for no reason other to say "even better entry points could lie ahead" and "Temporary selloffs seem likely, because over the next six months, there is a "high degreee of unpredictability in Tesla's production ramp" with zero evidence AFTER the stock has lost 40% of it's value is fear mongering. It's one thing to put out a note with new/updated risks and potential positives. He puts out a note emphasizing only risk and further price drops when no new information or evidence has come out. It frankly comes off as the analyst doing his buddies a favor to stoke fear to get a cheaper price before Q1 P/D numbers come out. There's zero reason for that note to come out when Q1 earnings are 4 weeks away...at which point we'll get an update on production on all things from Tesla themselves
I just finished reading the book. Highly recommended.I hope so, but I doubt it and I was constantly amazed how Elon was always working more hours than many of my engineers. It's fun reading Liftoff as I don't feel so bad now about how much he pushes his teams.
My friend Sam Stovall is the chief investment strategist at CFRA. Today he published his latest policy notes.
This bull market just celebrated its first birthday, in which the S&P 500 surged 76.1%. This was the highest first-year gain since 1945, outpacing the average of 37.5% for all prior bull markets and the 68.6% jump for the 2009 bull; the average second-year return simmered down to a more-normal 11.8% gain. This bull’s advance recouped 148% of the point loss of the 2020 bear market, making it third highest behind the first-year bulls of 1949 (+162%) and 1982 (+157%). Of the 12 prior bull markets, only the bull starting in May 1947 faltered after just 395 calendar days, while the bulls of October 1966, May 1970, and December 1987 succumbed before surpassing 1,000 days. The remaining bulls lasted from four years (October 1957) to nearly 11 years (March 2009). Finally, history says, but does not guarantee, that an above-average first-year gain has typically translated into a longer-duration bull market, whereas tepid first-year gains usually led to below-average durations.
One very important fact about bitcoin is that it allows you to take responsibility for your own finances.Probably the headline is overly dramatic, but it is true that unlike a credit card payment (and in many cases also a bank transfer) a mistaken BTC transfer is impossible to reverse. I would guess that someone who has anough BTC to buy a Tesla already knows this, but the fact remains that normal consumer protection is absent for a BTC payment.
I really don't know what to make of this BTC business - I hope I am just unable to see the genius of it...
Probably. Note that US markets are closed on the 2nd for Good Friday.
Right - close the loop:This might be another reason why Tesla is getting into the insurance business..?
Has anyone actually put a window of time on the MMD? On average? Or are people just watching candlesticks in the morning and waiting for inverted hammers, etc.?Couch cushion success. An auspicious total number of shares would result. Waiting for tomorrow’s MMD.
Is it indicative of the level of threat the Mach-e is posing, that I’ve seen a grand total of 1 in the Bay Area so far..?
Shares of Canadian miner Musk Metals pulled back Wednesday after a more than 50% surge following the company's deal to acquire a prospective lithium property named "Elon".
A customer wiring a Bitcoin transaction transfer to the wrong recipient cannot be reversed.
One very important fact about bitcoin is that it allows you to take responsibility for your own finances.
When the banks tell you that you need them to keep you safe, you do, if you can’t take this responsibility yourself.
Personally, I would rather be responsible for myself than accept all the baggage that comes with believing that I am unable to do so.
However, there are people who need to be protected from themselves making mistakes, and the banks are there to take care of them.
As a practical matter, I would never transfer more than a few hundred dollars in bitcoin without sending a very small amount first to verify the address I want to remit to… Then I can be very confident if I copy and paste that same address for the larger transfer. This verification is worth the cost of one extra transfer fee of maybe $10
If it's a typical MMD day, then you're pretty safe buying around 730 PST / 1030 EST. Some days the exact bottom is ~15 minutes to either side of that, but you wouldn't be unhappy buying at the half hour. Of course, there are days like today where even though there was a MMD around that 730/1030 time, we dropped much lower later in the day.Has anyone actually put a window of time on the MMD? On average? Or are people just watching candlesticks in the morning and waiting for inverted hammers, etc.?