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

[Tes La Ferrari]

AAPL, AMZN, MSFT and GOOG did the reverse in the last few mins. Were MM's dumping them and buying TSLA ?

 

[brianhn1]

AAPL, AMZN, MSFT and GOOG did the reverse in the last few mins. Were MM's dumping them and buying TSLA ?

Lockness monster

 

[Big Time]

View attachment 666941

Would you be up for explaining how you interpret/use the ADX Plus and Minus?

 

[Khamul]

Maybe it's this?
BREAKING: Tesla Finally Finds Its Way to the S&P 500 ESG Index.

Edit: Put in a link to a proper article.

 

[Discoducky]

Fantastic. Now I hope we can stop reading about how unions work.

Same here. I wish they could all be moved here or somewhere more appropriate. Much rather talk about how closing cross activity might relate to opening cross tomorrow.

 

[jbcarioca]

Tesla has no insurance underwriting operations right now. They are simply brokering insurance policies to an underwriter sub. In California at least, Markel Insurance Company has done the underwriting for all of the policies.

To actually underwrite the policies, Tesla would need to massively rework their operations compared to how it's been rolled out so far. For now, Markel seems content to take the risk to insure Tesla vehicles.

In Texas, the policies are underwritten by Redpoint County Mutual Insurance. In Illinois, they'll be underwritten by a subsidiary of American Family Mutual.

EDIT - source

At present Tesla is only gathering data on which to base new offers. The present insurance offers actually provide reams of data but nothing else. real advances will only happen after substantial data analysis allows better underwriting and service options. As previously mentioned Tesla Financial services, all of it, is roughly equivalent to the Original Roadster. Once the next generation is ready we'll know whether Tesla has a "secret sauce". I believe they will.

 

[GOVA]

Elon deployed Project Dojo to trick the algos. AI at work.

 

[15Peter20]

Was that a tiny infinity squeeze? Half an infinity or so?

 

[Cherry Wine]

Maybe it's this?
BREAKING: Tesla Finally Finds Its Way to the S&P 500 ESG Index.

Edit: Put in a link to a proper article.

Hmmmm

https://twitter.com/x/status/1397926991198703617

 

[Prunesquallor]

Tesla Will Have to Ship Its Texas-Built Cars Out of State to Sell Back to Residents

The Texas Legislature has run out of time to advance a bill that would've allowed Tesla's direct sales approach—and it doesn't meet again until 2023.

www.thedrive.com

Can anyone with insight advise what are the odds of the law being changed before production starts in Austin?
or will they have to ship cars made in Texas out of Texas before Texans can buy them ?

Pretty embarrassing. A Special Session extension Is possible, but according to the article, unlikely. Next session isn’t until Feb. 2023.

 

[Artful Dodger]

What just happened?

Gamma Squeeze! 2.334M shares traded in the final minute. ROFL shortzes...

Cheers to the LONGS!

 

[wipster]

Gamma Squeeze! 2.334M shares traded in the final minute. ROFL shortzes...

View attachment 666949

Cheers to the LONGS!

So you're saying it was actually a short "sneeze"?

 

[wipster]

Pretty embarrassing. A Special Session extension Is possible, but according to the article, unlikely. Next session isn’t until Feb. 2023.

Well pretty quick, Texans won't have to license their guns or have background checks done or have any training required, so maybe they'll just kill each other to get a Tesla.

Better put some alligators in that moat...

 

[jbcarioca]

I think there is opportunity for Tesla to create 10 yr auto loans. Tesla vehicle time value is going to be better than most boats on 10 yr loans. Especially CyberTruck where the SS body doesn't rust out. Existing Demand doesn't warrant this, but it's an ace still.

Speaking of CyberTruck, could you imagine $10,000 off of a Dual Motor? This is not a % discount, it's off the top. Meaning, a $25K car could go as low as $15K. Or make one for $10K and it's FREE! (I'm sure there's a minimum somewhere in there.)

Ford's discount... still crazy expensive for 300 mi range. Not on the same planet even.

View attachment 666864

Ten year auto loans, frankly, make no sense for the borrower in almost no cases. No matter how wonderful Tesla can make them, depreciation and interest make 'negative amortization' for several years on such deals since almost everyone opting for such loans also is financing 100% or more of the vehicle cost, including taxes, even when Tesla does not have typical worthless 'dealer adds'. New car buyers in the US average around 39 months before they trade for newer. Tesla-specific data on that is inconclusive because the fleet has been growing so quickly, but such trade data as exists suggests Tesla is fairly close to typical behavior in the US. Such outliers as exist are resulting in an increasing number of extremely high-utilization cars with >150,000 km and >100,000 mile cases becoming more common. Even among those it's improbable that longer financing terms would be advantageous to very many solvent people.

~~~This time I’ve not edited surreptitiously, but, for clarification, I believe the first sentence should have ended “...in almost all cases.” For the non-lusitanians here, double negatives are par for the course in Brasil.~~~

 

[Artful Dodger]

Maybe it's this?
BREAKING: Tesla Finally Finds Its Way to the S&P 500 ESG Index.

Edit: Put in a link to a proper article.

That happened on Apr 26, 2021 (and it didn't move the SP when it was news then, either)

S&P DJI Announces Additions and Deletions to S&P 500 ESG Index: Tesla In, Facebook Out - ESG Today

Index provider S&P Dow Jones Indices (S&P DJI) announced a series of additions and deletions to the S&P 500 ESG Index as part of its April rebalancing. New additions to the index include Tesla, Walmart and Dollar Tree. Removals include Facebook, Costco and Wells Fargo. The S&P 500 ESG Index is a...

www.esgtoday.com

 

[ChefBoyardee]

Someone switching from AMC to TSLA?

 

[jbcarioca]

It’ll get challenged in court by not only Tesla but states like Texas.....and the union stipulation will be struck down very quickly. Which is why I don’t think any political or the Biden campaign will keep any wording of requiring union. It would hold up the entire infrastructure bill in courts for a long time

After endless debate on this issue it is getting old. Nearly everyone agrees it will never happen because it cannot pass the Senate, probably not even the House. However, it is good PR for union supporters to have it proposed.

With that it si already too much. This debate really has nothing to do with Tesla. It should stop, should it not?

 

[15Peter20]

Not me! Diamond AMC hands, all $200 worth.

 

[Curt Renz]

Tesla Will Have to Ship Its Texas-Built Cars Out of State to Sell Back to Residents

The Texas Legislature has run out of time to advance a bill that would've allowed Tesla's direct sales approach—and it doesn't meet again until 2023.

www.thedrive.com

Can anyone with insight advise what are the odds of the law being changed before production starts in Austin?
or will they have to ship cars made in Texas out of Texas before Texans can buy them ?

I first linked this here 8 years ago, but a repeat may be an appropriate response to this Texas legislative nonsense.

Forbes - 2013: Strangling Innovation: Tesla vs. 'Rent Seekers'

Excerpt:

Rent Seekers are individuals or organizations that have succeeded with existing business models and look to the government and regulators as their first line of defense against innovative competition. They use government regulation and lawsuits to keep out new entrants with more innovative business models. They use every argument from public safety to lack of quality or loss of jobs to lobby against the new entrants. Rent seekers spend money to increase their share of an existing market instead of creating new products or markets. The key idea is that rent seeking behavior creates nothing of value.

These barriers to new innovative entrants are called economic rent. Examples of economic rent include state automobile franchise laws, taxi medallion laws, limits on charter schools, auto, steel or sugar tariffs, patent trolls, bribery of government officials, corruption and regulatory capture. They’re all part of the same pattern – they add no value to the economy and prevent innovation from reaching the consumer.

 

[DarkandStormy]

What happened? Are we meme-ing to the moon?

Market manipulation via heavy call option buying.