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

[22522]

your posting is very timely... i had a meeting with my bank this morning who suggested i entrust my retirement acct (full of TSLA) over to them so that they can diversify it (aka sell all) into cash/bonds/GIC/ETF/funds/etc. For their service, i would get 7.15% ROR minus 1% fees. Everything is "very low risk" since "trust officers at VP level will actively manage my money and they have been doing this for a long time".

oh, i ALSO need to take out a HELOC loan against my home equity just in case they need buffer cash to "rebalance" the retirement acct that i sign over.

Rich Dad Scam #8: “Build a diversified investment portfolio for the long term”

Ignore Rich Dad Scam #8, “Invest for the long term in a diversified portfolio of stocks, bonds, and mutual funds,” and instead increase your financial education to work toward true diversification.

richdad.com

Rich Dad Scam #8: “Build a diversified investment portfolio for the long term”

TLDR:
- Financial planning is an industry created by the banks to make money off the financially illiterate

- ... you’re putting control of your money in someone else’s hands

- Nearly every financial planner will tell you that in order to be financially secure, you must diversify. By this they mean to invest in stocks, bonds, and mutual funds. Unfortunately, this is not true diversification. Rather it is diversification in only one asset class, paper assets—the class where banks make big money in the form of fees. Virtually ignored are the other asset classes, real estate, commodities, and business.

This post is really helpful and amazingly accurate for lots of people. Thank you.

Getting into SpaceX/Starlink with a Baron fund is a way to get access to Friends of Elon opportunities.

If one wanted to follow Peter's advice on winnowing out a set of story stocks, Cathie will identify the initial set, but her rules don't let her concentrate as winners emerge. I wonder if her rules were required to attract money from people who have bought the diversification story you told. She is hobbled by that story.

Thank you for helping me sort out Cathie's real world constraints.

 

[jerry33]

So kind of like Sheetz here in PA? Sheetz is also installing a LOT of Tesla superchargers at their gas stations here, so is Wawa.

When I get my LR MY next year I'll have to make a road trip south to the closest Buc-ees with a supercharger to see what all the hubbub is about!

In my over twenty years living here, I've never stopped at a Buc-ees. I guess I'll have to try them once the Superchargers are opened.

 

[jamaatta]

OT(?): I haven't seen this noticed here:

A German 100 % BEV company Sono Motors is now in Nasdaq. (Sono Group N.V., Ticker: SEV)

They are still on early stages, planning to bring Sono Sion to the customers on H1 2023.

"Sion
A spacious electric car with a range of up to 305 kilometers that charges itself through the power of the sun.

Powered by the Sun
248 solar cells seamlessly integrated into the body of the car can add 112 km, on average (up to 245 km) per week, of driving range to the car's battery, through the power of the sun. This creates full self-sufficiency on short distances."

Sono Motors on the Stock Market

Sono Motors is a public listed company. The success story of the first affordable solar electric vehicle continues.

sonomotors.com

 

[winfield100]

Average True range is an indicator of volatility, that is the up down bounces, around ~4 weeks ago a 20 day moving average of ATR bounced UP, implying volatility is up (large price swings perhaps

Last 6 months

Last 6 Weeks, with additional BBands graph, overall, to me, looks upwards and there was a "discontinuity" maybe 4 weeks ago, seeming to me, trending up, BUT with more volatility due to jump in ATR. (plus weird numerology trolling everywhere based on 420 and "soixante-neuf" for the juvenile minded ((99% of males)))

 

[Christine69420]

Rumor Mill: First Model Y Leaving Assembly Line at Giga Berlin Brandenburg

Timestamp 5:59

Very nice! And at 7:58 you can see the cars driving up and down the test track (behind the trees).

I have not seen a test track at Giga Texas yet. It's interesting how different the progress at these two sites are. Rumors relayed by the drone pilots say cars are being made in Texas too - but I haven't seen any - except for the Model Y suspended from the roof inside the factory.

 

[15Peter20]

OT(?): I haven't seen this noticed here:

A German 100 % BEV company Sono Motors is now in Nasdaq. (Sono Group N.V., Ticker: SEV)

They are still on early stages, planning to bring Sono Sion to the customers on H1 2023.

"Sion
A spacious electric car with a range of up to 305 kilometers that charges itself through the power of the sun.

Powered by the Sun
248 solar cells seamlessly integrated into the body of the car can add 112 km, on average (up to 245 km) per week, of driving range to the car's battery, through the power of the sun. This creates full self-sufficiency on short distances."

Sono Motors on the Stock Market

Sono Motors is a public listed company. The success story of the first affordable solar electric vehicle continues.

sonomotors.com

Cheeky bar stewards show it charging a Tesla.

 

[Unpilot]

Long time member, owner (x4), and hider in the shadows of this thread for the last few years (thanks to all of you for all that I have learned from this specific TMC thread!).

First post:

An investment in TSLA is an investment in Elon. They are quite obviously intertwined. If anyone wants to see what the boss is doing and once again inspire your continued investment in him , TSLA, and humanity see the link:

Amidst the share sale, tax and political conversation I find the video above once again awe-inspiring and grounding towards our mutual mission.

Anyone want to take one for the team....and link to the Elon parts?

 

[nativewolf]

TLDR:

- diversification is for idiots. And he plays snippets of comments echoing the same from high profile investors including Buffett.

- do your research identify 1 or 2 stocks and stick with it.

- And lastly <drum roll> while he continues to hold his current 95% position of $TSLA, every cent of new money is now going to ARKG (genomics).

Fair to say that diversification is about preserving wealth but even that is a bit of a trap. It is a recognition that the future is uncertain and in our current point in time there is nothing more disruptive than TSLA.

Alternatively-Warren Buffet famously failed to invest in anything silicon valley or technology related at all. His firm would be worth 10x more than it is if he had only bought into the handful of strong emerging stocks such as Cisco or Intel or Qualcomm when he had the chance. His lack of diversification actually hurt his performance (which is pretty humorous). Now TSLA comes along and will likely disrupt many of his core businesses (rail and utilities). Remember that he and Munger saw electric cars coming and decided that they would not miss the boat this time. They studied and studied...and bought BYD. So kudus to Buffet for recognizing change and at 80+ and Munger was 90 then, making groundbreaking bets. BYD wasn't a bad bet either- I imagine that they'll do just fine. His big mistake was to only invest in the 1 company and not 2. In the past he'd often invest in 2-3 so he could really dig into operations. I'd be curious to know how/why Munger ruled out TSLA to focus on BYD. I'm still impressed that at 90 they said that's the future and made bets.

 

[chiller]

Anyone want to take one for the team....and link to the Elon parts?

6h 50m (should be direct link)

 

[elasalle]

 

[StapleGun]

Who was it tossing around the 11/11 nonsense just a couple of days ago? I sure don’t recall.

They had the theory wrong. Elon was signaling an 11:11 split.

 

[LeChef92]

OT(?): I haven't seen this noticed here:

A German 100 % BEV company Sono Motors is now in Nasdaq. (Sono Group N.V., Ticker: SEV)

They are still on early stages, planning to bring Sono Sion to the customers on H1 2023.

"Sion
A spacious electric car with a range of up to 305 kilometers that charges itself through the power of the sun.

Powered by the Sun
248 solar cells seamlessly integrated into the body of the car can add 112 km, on average (up to 245 km) per week, of driving range to the car's battery, through the power of the sun. This creates full self-sufficiency on short distances."

Sono Motors on the Stock Market

Sono Motors is a public listed company. The success story of the first affordable solar electric vehicle continues.

sonomotors.com

Tested their car in 2018. Solar modules on cars with a small surface just doesn't add real benefit. Especially if the modules are covered with plastic foil, efficiency will be max. 8% at delivery and close to 0 after 8 years. It's just nice marketing for the uninformed. In the german tesla forum the opinion regarding Sono is rather harsh: They are a scam. Sono Motors: Sion (Link to german tesla forum regarding sono).
In 2018 they had more sales and marketing staff then engineers according to the person in charge at the test drive event in Zurich.

I don't know what they are currently promissing, back then they planned to work with Magna.
Their offer is far to good to be real. Do yourself a favor and categorize them close to Nikola.

 

[Lessmog]

Long time member, owner (x4), and hider in the shadows of this thread for the last few years (thanks to all of you for all that I have learned from this specific TMC thread!).

First post:

An investment in TSLA is an investment in Elon. They are quite obviously intertwined. If anyone wants to see what the boss is doing and once again inspire your continued investment in him , TSLA, and humanity see the link:

Amidst the share sale, tax and political conversation I find the video above once again awe-inspiring and grounding towards our mutual mission.

Maybe already supplied (I got engulfed in the video ) but the relevant time is hopefully linked here. If I did it right.
The whole thing is EIGHT HOURS so it's better to have some aimpoint; around 6:50. Elon is on last, of course.

 

[dww12]

Off topic but anyone else having trouble selling covered calls from their account? Mine won’t let me as of yesterday even though I had sold 10 as part of a spread on Monday and then bought the sold ones back on Tuesday to be 10 long. I can call it in to a broker but can not do it myself. I called in three times yesterday to see if it was fixed and they said they had people working on it. Does not look like it is fixed this morning. Conspiracy in me says the only reason you can’t sell CCs is if you don’t have shares, I have the shares but what if my brokerage has sold too many short and they can’t or are getting close to can’t and this is some sort of throttle? Merrill Lynch.

 

[Lessmog]

TL;DR - Tesla is a ride...of a lifetime and Elon is, for better or worse, in good times and bad, in complete control and we will all benefit from it immensely. Maybe much more starting 12/9.

Elon is not your average billionaire, nor will he act like he has any money, at all, ever, he's an engineer, with the heart of a physicist, soul of a maker, drive of an innovator, spirit of an entrepreneur and the will of a true warrior. He works tirelessly and we had too many, way too many 'drives' (where we produced AP code for him to drive) well after working hours as well on the weekend. I pushed code to his car while it was parked at his house 100's of miles away and then patiently waited for his feedback which usually was within hours (unheard-of for a CEO). Do you think Gates or Balmer did that for me while I worked on Windows? (ok, Sinofsky did, he was cool) or XBOX? I soaked up all the feedback I could get from Elon. But I digress...
Elon is, has and will continue to tweet emotionally about things that have no basis or connection toward Tesla, SpaceX, Neurolink or Boring.
For those of us born in the mid 70's (and possibly more) his references are pure gold and give perspective as well.
For those of us born in the 2000's and into tech, he is the only person to work for, hands down, doesn't matter what he says on Twitter.
For those of us that don't fall into those two timespans, it is most likely much harder to read those tweets. I, for one, am in the former 70's category, and don't like reading them, but realize I'm not Elon and when I put myself into his shoes, I realize he is being harassed by politicians and I understand lashing out, but to a degree. I'm reminded of this poem and I think it sums up his will up pretty well. He knows the planet will die if we do nothing, he knows that the tech can be built to stop it, so he's doing it and the reward is ONLY for the planet to NOT die. If you think he's in this for the money, power or even the american way you will most likely not be able to predict, with any confidence, his next move.

And he inspired people to guess like this:

https://twitter.com/x/status/1461111661310398469

I did think about linking to that Twitter thread, which I found through @truth_tesla even though it is literally littered with numerology. Because Elon! It is, as breadcrumbs go, a whole disintegrated bakery store.

Tl;Dr -- It all boils down to Something 12/09 hints.

 

[Unpilot]

Top of the morning,

fellow Travelers.

 

[Unpilot]

6h 50m (should be direct link)

Thank you!

The CC is hilarious.

 

[insaneoctane]

Spoiler: Stuff

The fact that the largest car factory in the world is opening up in the USA and it will be making EVs should merit an appearance, in saner circumstances… but they’ll probably just pretend it doesn’t exist and flatter GM and Ford for “starting the EV revolution”.

Why don't we have a sad reaction emojee?

 

[insaneoctane]

Just a point when you choose for your 1st next generation EV a huge weighty inefficient vehicle that wont sell much and will require huge battery packs you really arent interested in producing EVs in volume. How many CUVs or Sedans could be built with each battery a Hummer will need?

But, they can charge ridiculous prices for the hummer.... While they would lose money on the 2 sedans they might break even on the Hummer. GM will go from HUGE margins for an ICE Hummer to ~zero margins on the HummerEV IMO.

 

[TheTalkingMule]

They're making station wagons when the minivan has already taken over.