Krugerrand
Meow
Pfft! Lightweight. I have a BMI of 420.I'm more of what you would describe as obese on TSLA, and consume more of those marshmallow LEAPs seemingly daily.
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Pfft! Lightweight. I have a BMI of 420.I'm more of what you would describe as obese on TSLA, and consume more of those marshmallow LEAPs seemingly daily.
Remember Tesla does not SELL cars, solar systems and storage systems. They provide what smart companies and consumers WANT TO BUY.I think we're dramatically underestimating the implications of this retail shift. To full on abandon high traffic retail is to say demand is clearly far outstripping supply for at least the next handful of years. And then you get the cost savings....good luck to those with a dealership model(i.e. everyone).
Looks like similar volume today, not insane but up a good bit from the doldrums of pre-earnings. If we can safely assume this isn't real selling, then we can only assume this volume with flat/down SP action is buying that's being counteracted by MM shorting.
I wonder how long they can keep hoovering up these orders? Used to be there was a 2 day delay in market reaction to bullish news as MM's tried to absorb the early reaction and temper euphoria. Maybe this is one of those? Will they need to start hedging as call/LEAP open interest builds?
It’s a temporary vulnerability. Starlink will be up and running shortly. Then I will know.Huh. Given all the bluster I assumed you would have had the surveillance in place to know one way or the other. This blind spot will likely be of interest to @Unpilot.
I think the problem for Tesla is compounded. I don’t think a “regular” car company would have the same scaling problems that Tesla is having. The only reason I think that is because no other car company is even considering ramping production as fast as Tesla is. There problem seems to be with the upstream manufacturers keeping up with Tesla. They are having problems scaling at a rate that meets Tesla’s demand for their parts.The assumption here is that it is a blunder, rather than say an issue with parts, or simply part of a production ramp.
We have been told volume production of a new/refreshed car is hard. We know there a parrs supply issues at present and significant new technology in the refreshed S.
We also know Q2 results were stellar regardless.
Here in Oak Brook, IL Lucid took over the exact store Tesla left over a year ago. The shopping mall is higher end and rent is expensive. The below photo is older as the store is open. There is a Beta 2 candidate Air in the show room. Talk to the Lucid rep for good 10 minutes. IMO everything with Lucid down to the feel of the showroom has a Tesla feel. I signed up for a future Test drive as the salesman made everything sound amazing. I’ll see for myself if it’s hot air or not.Imagining LUCID opening a store next to Tesla at the mall only to find Tesla store closed
"Overweight" means that they recommend being overweight TSLA in your portfolio. It's a good thing.
It's maybe useful to point out that Magna manufactures the Jaguar iPace and a number of others. Right now they make models from JLR, Toyota , BMW, and Toyota.
Among those eight Tier One suppliers all make huge volumes of components including engineering and control/management of whatever they supply. For the prime users of these approaches the supplier independently designs whatever they supply. That is very efficient when no new technologies are needed. In new technologies, not so much. Thus we have VW id. 3 and many others, including Chevrolet Bolt.
Tesla, for the initial Model S was constrained in manufacturing, design and above all, very nearly unable to get supplier cooperation. As Elon said, 'we could not get the A team and sometimes could not get anyone at all'. Mercedes came to the rescue and had their suppliers provide many major Model S parts. As I recall, two air conditioner compressors from MB supplier, one for battery BMS and one for cabin. Suspension parts, switchgear and much else was taken form the Mercedes parts catalog without alteration.
That approach served Tesla well in the beginning, because otherwise they would not have been able to launch the Model S.
Soon, part by part, Tesla discovered better ways to accomplish something. Soon, less quickly, Tesla grew enough so respectable suppliers would actually deal with Tesla. Then, Tesla began, little by little, learning to do better by themselves, even seats (almost no other OEM made their own seats). Following many improvements Tesla borrowed a proprietary Inconel from SpaceX and gave us Ludicrous.
When Model X came along Tesla ended out designing and building many things that suppliers couldn't do. The FWD were to made by a supplier, which could not do it, so Tesla did it themselves and invited ne seniors and other thing to make them work. The vertical integration crept up bit by bit.
When Model 3 arrived Tesla began wholesale reinvention of numerous things, many of which Tesla made themselves. With Model Y and reconsideration of how to approach manufacturing after the initial mess with Model 3 came the realization that there were 'too many parts'. Then came bigger presses, even bigger bigger presses, then Gigapress and coming very soon even bigger Gigapresses. Along with those developments came hundreds of complete redesign elements including the SpaceX creation of Octovalve.
I gave just a few examples to illustrate how Tesla arrived at the highest vertical integration in the auto industry essentially by borrowing from SpaceX, which had itself been forced to vertical integration because they could not buy rockets.
Now teal designs their own FSD chips builds their own Supercomputers to get to FSD, sometime...
Today, watch Sandy Munro do teardown of BEVs. From IPace, VW, GM and Ford we see supplier dominations many dozens of different chips and complete independent major components. We see suppliers dictate complete subsystems, because the OEM does not want to do it themselves. We see dozens of different and incompatible fasteners. We also see no genuine systems integration.
The lesson for us all is that Tesla is reinventing manufacturing just as SpaceX did before it. The result is spectacular when it works. However, the learning curve has mistakes, misjudgments and uncertain timelines.
As we look at Tesla failures to deliver on time and with smoothly perfected whatever the item is we ned to remember that Tesla is redefining the automobile, redefining grid services, redefining energy storage and, in spare time, inventing a solar roof. None fo that is precisely predictable.
Were this to have been a 'normal OEM' Magna-Steyr or Valmet would be doing contract manufacturing. There would be other suppliers from the @UkNorthampton list doing most major systems. They would work. They would be reliable. They would not make anything innovative.
As we criticize Tesla faults we need regularly to remind ourselves what is actually happening.
Nothing about that makes me any less irritated that my Plaid has not been delivered, a month after promised (sort of..).
As we value TSLA shares we really need to remind ourselves that one major part is manufacturing innovation. That single thing keeps Tesla advancing versus all the OEM's who know exactly how do do this because they've done it for 'a hundred years'. Every analyst seems unable to comprehend just how consequential all this is.
It's always a "short attack"Just dropped to 642 from 650 with no news and low volume. Is this another short attack?
I am slightly confused by the shortage of airbag control modules. If they are the same for all vehicles, the other manufacturers scaling back production should free them up for Tesla.
Elon addressed airbag deployment software in his latest appearance on the Joe Rogan Experience #1609. During the podcast, Elon said that Tesla not only measures the weight of the person in each seat, but they also know which part of the seat they are sitting on. The airbag deployment is software controlled to match the individual occupant. Tesla goes WAY BEYOND regulatory requirements for safety in this respect, and indeed in every aspect of their car design.
Was being capped below 650 while the other growth EV stocks were sharply rising, then when the algos decided to sell off the sector, $TSLA was allowed to fall too - Max Pain is currently $647.50 for this Friday (likely will drop a bit before then to $645), so MM's keeping it under controlJust dropped to 642 from 650 with no news and low volume. Is this another short attack?
So more of a @Krugerrand the Hut eh? When you say your mountain, I now can picture it, and it ain't pretty.Pfft! Lightweight. I have a BMI of 420.
Sigh......new day same action.
Everyone loves to use the "excuse of the day" for a why TSLA stock continues to underperform. One day its the 10-year note. Next day a bitcoin drop. Next day China regulation. Next day the entire auto sector is down. Next day the entire tech sector is down. Each time the stocks that were down, rebound the next day while TSLA does nothing or continues further down.
Point being, I think we can stop looking for any excuses on any given day about why TSLA stock underperforms.....day after day after day. Anyone that thinks this is simply MM's doing the controlling for option purposes I think is being a bit naïve. To have this level of continual underperformance combined with consistently very low volume compared to just 7 months ago wreaks of market manipulation on multiple levels/fronts.
Seems pretty clear the stock isn't moving until the vast majority of funds that wanted in, whether through stock or options, get what they want.
Exactly. We're entering the window of time where the furthest out LEAPs are a stone cold lock. That's why I think the floodgates have to be released soon.Btw, not being a debbie downer........they will be forced to pay up eventually and given how amazing Q2 earnings were, it's going to be faster than even I predicted. The Accountant made a post with a chart a couple weeks ago comparing Amazon and Tesla's P/E's during their growth runs and how their P/E/s dropped over the 5 year time span while the stock price went up.
Given the amazing margins all around on Q2 and what we can project out going forward, Tesla's P/E compression will happen faster than what he showed in that chart. A bout a third faster.
Meaning, while Wall St is blatantly manipulating the stock from many different angles, I've never been more confident in the LEAPS I bought yesterday. Holy cow what a gift
Speaking of double takes, Morgan Stanley views TSLA as Overweight, but then goes on about it being a "Double Flywheel" of momentum bc of its lead. Doesnt make sense, why overweight then decribe how they will dominate the future. Was in news on TD site, an error maybe?
While it is clear to me that the stock is manipulated, the lack of interest in TSLA also helps. Problem? No. The market is functioning as expected. I see the market collectively as a greedy coward, always taking the path of least resistance. While interest in TSLA surely had picked up over the last year, the level of understanding of its fundamentals is still non-existent. When the uninformed vast majority faces "competition", "chip shortage", and "delays", the natural tendency will be to ignore the stock. I dipped into margin yesterday, as mentioned earlier, and felt pretty good about it. When the stock finally takes off, when I don't know, the herd mentality is going to swing in the opposite direction, creating a rip your face off rally. If there is something I'm disappointed about, it's our low level of intelligence as a species.Sigh......new day same action.
Everyone loves to use the "excuse of the day" for a why TSLA stock continues to underperform. One day its the 10-year note. Next day a bitcoin drop. Next day China regulation. Next day the entire auto sector is down. Next day the entire tech sector is down. Each time the stocks that were down, rebound the next day while TSLA does nothing or continues further down.
Point being, I think we can stop looking for any excuses on any given day about why TSLA stock underperforms.....day after day after day. Anyone that thinks this is simply MM's doing the controlling for option purposes I think is being a bit naïve. To have this level of continual underperformance combined with consistently very low volume compared to just 7 months ago wreaks of market manipulation on multiple levels/fronts.
Seems pretty clear the stock isn't moving until the vast majority of funds that wanted in, whether through stock or options, get what they want.