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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
He's waiting for the 'electric' Corvette before any rides in the Plaid S.
Todd Burch
14-Year Member
I think they're just following their fund's rules. It's not like Cathie's sitting in the corner twiddling her fingers saying "now is the time to sell, the Tesla story is dead." They're just trimming as Tesla rises per their rules.
CLK350
Member
I also felt that way - thinking it out further, thanks to the many useful posts/ feedback here., I've also come to see this as part of the necessary political realities: Biden has to get the votes in states that count for his party, as the Midwest which is heavily unionized. That what the event was about.
It is realpolitik . Note, winners may not even know /do what is best once they win - in the business world GE's Walsh was touted as a genius, well OK he did bring in great returns, until GE became so profit oriented they lost/ sold their engineering prowess (to the Chinese) and became a shell of what they once were. Profit/ money is not all that counts.
Elon and his team are aware of all of this dynamic. Securing China's support was masterful. On Tesla/ SpaceX side is technical prowess and production power/ efficiency like nothing we have ever seen before.
The 21st century global fights are no longer about securing a cheap oil supply for the US, maintaining the USD hegemony is no longer a given. Blockchain tech is threatening all of the world currencies, banking systems, and so all have to adapt. Space, cyber wars are the new hot areas. Russia, China and the Arab world all have their agendas/ strategies.
So I would say the trend is all for Tesla/ SpaceX, our leaders know this.
How this is playing out is real time entertainment of the first order - sit back, enjoy the show - and i would say, do what you can to help those less fortunate*
[*OT] I was blown away noticing just recently what Twitter's Jack Dorsey** has done (**) Elon and Jack are on friendly terms, quick PS for newcomers.
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How does it "seem personal"? TSLA is up and they have identified other opportunities to move some of their TSLA profits to. And even after the recent sales the funds are still above the 10% threshold that doesn't allow them to buy more TSLA:
- ARKK: 10.19%
- ARKQ: 12.03%
- ARKW: 10.37%
Artful Dodger
"Neko no me"
Might not even be that complicated: Feb 23, 2021
Tesla Request For Austin Area Free Trade Zone Meets Little Push Back - AutoSpies Auto News
Tesla Request For Austin Area Free Trade Zone Meets Little Push Back
Buckminster
Well-Known Member
Y aren't you Taycan your ex out in an X?
When are we expecting the numbers from China? I haven't noticed any leaks yet.
I'm just glad some of my cash might wind up funneling back to Tesla. Well, and of course knowing that my kids will be almost 100% driving around in the world's safest cars, rather than just 50%.
Just watched a news segment with an interview with a dealership sales rep, he was super happy about selling the electric F-150 and getting rid of the ICE vehicles.
Some thoughts:
1. Everyone could easily move to be on the same boat now rather than fighting it or worrying about their jobs/lives/families
2. Government support of the EV push likely will indirectly benefit the level of crap Tesla has to take in the US and other areas
3. Tesla sells parts and designs to the entire ecosystem as an integrator play alongside selling their own products
The checkmate is in to transition to sustainable EV's! Some of these things some of us have known for awhile and were hoping it'd play out this way.
Some thoughts:
1. Everyone could easily move to be on the same boat now rather than fighting it or worrying about their jobs/lives/families
2. Government support of the EV push likely will indirectly benefit the level of crap Tesla has to take in the US and other areas
3. Tesla sells parts and designs to the entire ecosystem as an integrator play alongside selling their own products
The checkmate is in to transition to sustainable EV's! Some of these things some of us have known for awhile and were hoping it'd play out this way.
JRP3
Hyperactive Member
Even I've sold some shares recently, some of the ones I rage bought on the drop along the way. My rule is the inverse of ARK, when TSLA starts making up more than 90% of my portfolio I sell some. Though it's not really a strict rule, more of a suggestion.
Mon or Tuesday....
Knightshade
Well-Known Member
Might not even be that complicated: Feb 23, 2021
Tesla Request For Austin Area Free Trade Zone Meets Little Push Back - AutoSpies Auto News
Tesla Request For Austin Area Free Trade Zone Meets Little Push Backwww.autospies.com
This was already debunked last time we went over this.
That's not how FTZs work, nor even the point of them.
FTZs are about avoiding duties/taxes on importing/rexporting goods. The use for Tesla is that normally you have to pay duties and taxes for all imported raw materials and semi-finished goods- then if you send off the finished product outside the US you can apply for refunds, which take a long time.
If you have a FTZ, those initial duties and taxes apply only once you sell your finished product on U.S. soil, whatever you instead export is exempt from duties/taxes, hence no need to apply for a refund on those.
So exported cars from Austin would avoid this "pay taxes then ask for refunds" issue. Cars sold on US soil would just pay them normally when sold.
But note the SALE MUST STILL BE ON US SOIL. Which would be in Texas if they don't move the car out of state first. Where Tesla can't legally sell vehicles.
On top of that- If Tesla DID want to use an FTZ to pretend a Cybertruck was actually "made" outside the US (even though FTZs are still US soil and part of the state they're in) and is being "imported" via the zone- that'd be worse
Foreign trucks are subject to a 25% customs duty.
Todd Burch
14-Year Member
Paltry volume today, again. Maybe we have to wait until later in the summer for volume to come back.
Knightshade
Well-Known Member
There is no such 10% threshold.
They have more than 10% of a fund in a number of companies.
There used to be 20 or 30 percent thresholds in certain ARK funds but even those no longer exist.
Ark Funds Changes Weighting Caps: Could This Mean A Higher Tesla Allocation? - Tesla (NASDAQ:TSLA), ARK Innovation ETF (ARCA:ARKK)
Cathie Wood and her Ark Investment Management funds are well known for having large weighting in high conviction stocks like Tesla Inc (NASDAQ: TSLA). The percentages in several names could increase with new wording from the company.
www.benzinga.com
I think we will be waiting until almost all of the following take place:
close to full ramp of Berlin
close to full ramp of Austin
announcement of the $25k model in China
full 100% complete and approved FSD
without achieving these, progress continues to move along at a pace that is "priced in" to the stock and won't drive additional volume.
Or they could just split the stock again, that would do the trick.
More thoughts... TSLA was up the last 5 days. Why didn't ARK sell earlier, at the higher price? The delayed ARK Selling tells me they saw something coming, which may simply be the realization that it's done running up. I don't think it's automatic, someone picks a day, time, and amount right?I didn't think we were up really. I guess we can call 700+ up.
Anyway, seems like a good time to buy now. See if they follow me.
Artful Dodger
"Neko no me"
So MMs have now taken advantage of low volume to naked-short their way to their 1st SP goal for Friday: we've now broken below $700
Must be nice to own the ability to sell unlimited shares w/o having to buy them first (or even locate them).
#SECdoURjob
Must be nice to own the ability to sell unlimited shares w/o having to buy them first (or even locate them).
#SECdoURjob
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