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

[Ogre]

Including ex-employees, some of whom stole from Tesla.

Sorry, not sorry. Die Rivian.

Q: Which EV startup do you like most?
Musk: VW... ... some Chinese companies.

Musk is not a fan of Rivian or Lucid.

Nor was Musk or Straubel particularly favorable to the startups when talking about Tesla starting up.

Straubel said he didn't even think the current crop of startups has a real purpose. Then Musk suggested that these companies trying to go from nothing to volume production is akin to go from being a couch potato to trying to compete in the olympics.

 

[Singuy]

There's a huge correlation between spending and asset value. Since the market/btc crash, luxury items like watches (in which people have been saying is better than stocks) have been dumpster diving this past week. The most popular hype watches like AP, Nautilus, and Rolex Daytona have seen 20% draw downs in a day.

You don't even need to raise rates, the market crash will take care of inflation without a problem.

 

[Chunky Jr.]

Only 3 years?

Considering most estimates suggest 1m+ Reservations, and Musk’s estimate of 250k production rate you would think he would say “4+ years” here.

~ 100k first year
~ 350k after year 2
~ 600k year 3
~ 850k year 4

Hoping that is a hint that his production estimates are sandbagging a bit. Even if you go with 300k/ year it’s still well into year 4 before you hit a million shipped.

I'm guessing they expect a certain number of cancellations based on experience with other models and reservations, so 1M reservations could mean significantly less than 1M actual deliveries.

 

[Marc_K_inNJ]

And Elon adds: we have +3 years worth of reservations for Cybertruck, starting from the start of production.

Just to be fair, GM also has 3+ years of reservations for the Hummer EV….
They sold 1 last year, a few more this year and they have a few more reservations to fulfill the following year…

 

[Hock1]

Not trying to defend Cathy here, but I think the constant barrage of critical posts is getting a bit old

The critical posts that are getting old are, more than likely, defining a bottom.

 

[WattsHappening]

Guys, don't forget the plan. The plan is to be so stinking rich by the time the CT comes out, we might as well pick one or two up.

That’s exactly the plan and the only reason I can justify buying one when I really don’t need one.

 

[OrthoSurg]

* Tesla's yoy revenue growth is 80%. Earnings growth at 1Q was something like 658%. Just to be precise!

Even more shocking that the market throws all the NASDAQ in the same basket when some grapes are rotten and others are destined to make the finest wine of all time.

 

[heltok]

This video seems relevant for Tesla bot. Once control is solved(easy) and perception is solved(FSD is doing this) what you end up with is a vector space game and some human interface. Which this seems to almost solve already:

Give it two more years, more data, more compute and Tesla bot should be a done deal!

 

[Buckminster]

The good news is that Tesla M3 won the autocar best company car. Even better news is that Tesla has room for improvement - BMW won best manufacturer...

 

[Nocturnal]

There's a huge correlation between spending and asset value. Since the market/btc crash, luxury items like watches (in which people have been saying is better than stocks) have been dumpster diving this past week. The most popular hype watches like AP, Nautilus, and Rolex Daytona have seen 20% draw downs in a day.

You don't even need to raise rates, the market crash will take care of inflation without a problem.

Do you think it's a coincidence that every day there is a rally, one of the FED members come out and scare the market again?

Getting outside of TSLA slightly, but the US covid stimulus was a bit over 5 trillion dollars. If the overall market is down by more than that, we should start expecting everyone to chill out. Housing will start to cool as well. The lag makes sense as people take months to decide to buy or sell a home and it's hard to change course. (my theory, have not researched this)

1 Trillion evaporated in just a few days. How much are we down in total?

Tech giants lost more than $1 trillion in value in the last three trading days

The biggest names of the technology industry are becoming more affordable as investors take account of the latest U.S. central bank decision.

www.cnbc.com

 

[StarFoxisDown!]

It was my understanding (although bear in mind I have the IQ of a small mollusc) that ARK has rules that if one stock is more than 10% of the value of one of the funds then it needs to be rebalanced, no? So sure, you can argue that selling TSLA is a dumb move, but that's the nature of the beast...

Anyone buying into the fund knows, or should know, the basket of stocks and the maintenance mechanisms, of you think COIN, Unity and Roblox are crappy stocks then you wouldn't have bought into ARKK in the first place, right?

Not trying to defend Cathy here, but I think the constant barrage of critical posts is getting a bit old

The critical posts will end once ARK sells the last of their shares.......

https://twitter.com/x/status/1524118390607990786

So not too much longer now

 

[TheTalkingMule]

Even more shocking that the market throws all the NASDAQ in the same basket when some grapes are rotten and others are destined to make the finest wine of all time.

There's nothing inherently irrational about that. Intelligent people know that picking stocks is a fool's errand. Best to at most lump them into buckets.

Now obviously picking one stock is a different story.

Wall Street will be forced to pick winners and losers soon enough. When that happens, even a cursory glace at TSLA should make it an obvious choice for a tighter market.

Patience!

 

[betstarship]

Maybe...we should hurry up

Scientists give Earth a 50-50 chance of hitting key warming mark by 2026

The latest estimate from various forecast centers around the world say the planet is approaching a warming threshold international agreements are trying to prevent.

www.npr.org

 

[SOULPEDL]

Guys, don't forget the plan. The plan is to be so stinking rich by the time the CT comes out, we might as well pick one or two up.

Dual and Tri are still on my list; glad I don't have to decide today. I mean, who would dare sell TSLA now?

 

[larmor]

Dual and Tri are still on my list; glad I don't have to decide today. I mean, who would dare sell TSLA now?

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Gas prices are rising again I am sure a lot of existing pickup truck owners will be very keen on a cybertruck with that towing and payload capacity. Hopefully Tesla can keep the price of the cyber truck stable.

 

[Thekiwi]

I feel conflicted... Wtf?? Sell Tesla and buy GM?
What have I been missing? Is it the Cruise part? Some magical Ultimum Hocus pocus battery invention??

View attachment 802438

ARKS entire investment philosophy outside of its Tesla investment is apparently choosing unprofitable shitcos heading for bankruptcy - so buying GM seems completely normal practice to me.

 

[TheTalkingMule]

Pretty easy to pick on ark this week. Probably quite profitable to buy it's individual pieces this week and sit on it 5 years. Obviously can't just buy the funds, they'll "maneuver" their way to less profits.

 

[Thekiwi]

The critical posts that are getting old are, more than likely, defining a bottom.

Plenty of us have been critical of ARK for years - what is different now is no one is defending them here anymore (Thank goodness).

 

[Cal1]

Has anyone explained why she is selling Tesla while predicting extremely bullish future share prices? Maybe she did and I missed it.

 

[jerry33]

Has anyone explained why she is selling Tesla while predicting extremely bullish future share prices? Maybe she did and I missed it.

She's not in it to make money. Just to help start ups. Tesla no longer qualifies as a start up.