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

[henchman24]

The world's largest hedge fund dumped all their Tesla last quarter in favour of meme-stocks AMC and GameStop.

Ray Dalio's Bridgewater dumps Tesla, bets on meme stocks AMC and GameStop

Ray Dalio's Bridgewater Associates, the world's largest hedge fund, has parted ways with its stake in Tesla and placed new bets on meme-stocks AMC and GameStop during the first quarter.

ca.finance.yahoo.com

Seeing TSLA up 5% is great, however with GME up 8%, AMC up 9% and RIVN up 11% tells me the Market is stilll far too frothy. I'm looking forward to when there is a clear separation in price action between true growth companies with positive earnings such as Tesla compared with underperforming negative earnings companies like GameStop, AMC and Rivian. Seems to me there is still a lot of stupid money out there that needs to become smarter and the market will zig zag its way to separate the wheat from the chaff. When this happens, we now know Bridgewater Associates will need to buy back Tesla to stay relevent. Others will need to follow.

Even with that...GME is down 30% on the month (Tesla 22), AMC 25%,and Rivian 28%. What you should see money returning there as is an increased appetite for risk with in the market. That's good for Tesla.

 

[M|S|M MYP]

Why is $760 important? Was that a support level that broke on the way down?

Because it's higher than $750 j/k... 2 green days in a row would be a nice start.

 

[bballshinobi]

The world's largest hedge fund dumped all their Tesla last quarter in favour of meme-stocks AMC and GameStop.

Ray Dalio's Bridgewater dumps Tesla, bets on meme stocks AMC and GameStop

Ray Dalio's Bridgewater Associates, the world's largest hedge fund, has parted ways with its stake in Tesla and placed new bets on meme-stocks AMC and GameStop during the first quarter.

ca.finance.yahoo.com

Seeing TSLA up 5% is great, however with GME up 8%, AMC up 9% and RIVN up 11% tells me the Market is stilll far too frothy. I'm looking forward to when there is a clear separation in price action between true growth companies with positive earnings such as Tesla compared with underperforming negative earnings companies like GameStop, AMC and Rivian. Seems to me there is still a lot of stupid money out there that needs to become smarter and the market will zig zag its way to separate the wheat from the chaff. When this happens, we now know Bridgewater Associates will need to buy back Tesla to stay relevent. Others will need to follow.

Bridgewater only had 25,500 shares of TSLA.... that's chump change for them. I am sure we have at least 5 members on this board that have more shares.

 

[Cosmacelf]

The world's largest hedge fund dumped all their Tesla last quarter in favour of meme-stocks AMC and GameStop.

I literally had to double check this wasn’t a fake article. What a world we live in right now!

 

[Words of HABIT]

Even with that...GME is down 30% on the month (Tesla 22), AMC 25%,and Rivian 28%. What you should see money returning there as is an increased appetite for risk with in the market. That's good for Tesla.

Many here would state that Tesla is one of the least risky stocks in the Market (least affected by inflation with a one year waiting list for their products, positively affected by the high oil/gas prices, exponental growth and profits, yada yada.) When the Market returns to sanity, not risk, only then will TSLA hit its stride. We are not there yet, but it is coming.

 

[SmokyPeat]

Looks like my 5% call this morning wasn't too far off the mark! Wish I could do that consistently.

 

[henchman24]

Many here would state that Tesla is one of the least risky stocks in the Market (least affected by inflation with a one year waiting list for their products, positively affected by the high oil/gas prices, exponental growth and profits, yada yada.) When the Market returns to sanity, not risk, only then will TSLA hit its stride. We are not there yet, but it is coming.

I would argue that with people too (I'd really argue it is the best risk/reward stock on the market), but the opinions here are of ultra bulls. Simply put, right now anything over 30-35pe is risky. Tesla at 100 is very risky for most people. Tesla's current valuation is based on future earnings and growth to get there. That is risky.

 

[Singuy]

I would argue that with people too (I'd really argue it is the best risk/reward stock on the market), but the opinions here are of ultra bulls. Simply put, right now anything over 30-35pe is risky. Tesla at 100 is very risky for most people. Tesla's current valuation is based on future earnings and growth to get there. That is risky.

Yup, as Google hit PE of 18, I don't know how having a trailing PE of 100 and a forward PE of 60 considered cheap to wallstreet.

 

[Mengy]

Yup, as Google hit PE of 18, I don't know how having a trailing PE of 100 and a forward PE of 60 considered cheap to wallstreet.

To be fair though, Google isn't growing revenues at 50%+ per year either.

 

[Singuy]

To be fair though, Google isn't growing revenues at 50%+ per year either.

Already priced in, that's why they have a pe of 18. Just saying if Google is 18, tsla being under 100 isn't some kind of mis-pricing relatively speaking. Another way of saying this is if wallstreet won't buy google at PE of 18, then its not surprising if they also dont find tesla cheap at PE of 100.

Now you can argue that the entire tech sector is stupidity priced when Walmart had a Pe of 30.

 

[UnknownSoldier]

The world's largest hedge fund dumped all their Tesla last quarter in favour of meme-stocks AMC and GameStop.

Ray Dalio's Bridgewater dumps Tesla, bets on meme stocks AMC and GameStop

Ray Dalio's Bridgewater Associates, the world's largest hedge fund, has parted ways with its stake in Tesla and placed new bets on meme-stocks AMC and GameStop during the first quarter.

ca.finance.yahoo.com

Seeing TSLA up 5% is great, however with GME up 8%, AMC up 9% and RIVN up 11% tells me the Market is stilll far too frothy. I'm looking forward to when there is a clear separation in price action between true growth companies with positive earnings such as Tesla compared with underperforming negative earnings companies like GameStop, AMC and Rivian. Seems to me there is still a lot of stupid money out there that needs to become smarter and the market will zig zag its way to separate the wheat from the chaff. When this happens, we now know Bridgewater Associates will need to buy back Tesla to stay relevent. Others will need to follow.

You know that Bridgewater and Ray Dalio are the inventors of quant trading, right? They literally trade on algorithms and technicals. They do not care about fundamentals at all. They will never need to buy back Tesla unless their algos show another 10x is coming soon.

 

[henchman24]

Yup, as Google hit PE of 18, I don't know how having a trailing PE of 100 and a forward PE of 60 considered cheap to wallstreet.

Not a Google forum here, but I'm buying there too. Arguably right with Tesla on the risk/reward for me. That should be a 35 pe stock easily IMO and a very good case for 40.

 

[betstarship]

Boring Company's Vegas Strip Loop Nearing Final Approval - Connect CRE

Casino operators have said above-road surface congestion is stymying growth opportunities at the ever popular venue. The newly drilled tunnels will drastically reduce drive times around the heavily congested Las Vegas Strip, and for the users fares will be somewhere between an Uber ride and a...

www.connectcre.com

"The underground loop being built by Elon Musk’s Boring Company will allow Tesla programmed vehicles to travel over 100 mph through the underground tunnel with no congestion. It’s expected to receive full approval at the June 2 Las Vegas City Council meeting.

The cost of the project is being funded by the Las Vegas Convention and Visitors Bureau, the casinos who will have stops along the way and the Boring Company, who will be tasked with operating the system and receiving the revenue generated by the rides.

At full build-out, the Loop will have 51 stations and take 57,000 passengers an hour."

 

[Nocturnal]

Boring Company's Vegas Strip Loop Nearing Final Approval - Connect CRE

Casino operators have said above-road surface congestion is stymying growth opportunities at the ever popular venue. The newly drilled tunnels will drastically reduce drive times around the heavily congested Las Vegas Strip, and for the users fares will be somewhere between an Uber ride and a...

www.connectcre.com

"The underground loop being built by Elon Musk’s Boring Company will allow Tesla programmed vehicles to travel over 100 mph through the underground tunnel with no congestion. It’s expected to receive full approval at the June 2 Las Vegas City Council meeting.

The cost of the project is being funded by the Las Vegas Convention and Visitors Bureau, the casinos who will have stops along the way and the Boring Company, who will be tasked with operating the system and receiving the revenue generated by the rides.

At full build-out, the Loop will have 51 stations and take 57,000 passengers an hour."

I'll start to feel really bullish about Robotaxis whenever they start using FSD in the vegas loop.

 

[Ohmster]

Impressive but fully expected.

1. Tesla Model Y: 52,051
2. Tesla Model 3: 47,682
3. Tesla Model S: 9,250
4. Ford Mustang Mach-E: 6,957
5. Hyundai Ioniq 5: 6,265
6. Kia EV6: 4,901
7. Tesla Model X: 4,899
8. Nissan Leaf: 4,401
9. Kia Niro Electric: 3,549
10. Volkswagen ID.4: 2,926

“….the important thing to keep in mind is that those numbers are not representative of the demand for these vehicles but rather the production capacity or US allocation for each.”

Tesla has the top 3 electric cars in the US, and it's not even close

Tesla currently has the top three electric cars in the United States so far in 2022, and the competition isn’t...

electrek.co

 

[Ogre]

Boring Company's Vegas Strip Loop Nearing Final Approval - Connect CRE

Casino operators have said above-road surface congestion is stymying growth opportunities at the ever popular venue. The newly drilled tunnels will drastically reduce drive times around the heavily congested Las Vegas Strip, and for the users fares will be somewhere between an Uber ride and a...

www.connectcre.com

"The underground loop being built by Elon Musk’s Boring Company will allow Tesla programmed vehicles to travel over 100 mph through the underground tunnel with no congestion. It’s expected to receive full approval at the June 2 Las Vegas City Council meeting.

The cost of the project is being funded by the Las Vegas Convention and Visitors Bureau, the casinos who will have stops along the way and the Boring Company, who will be tasked with operating the system and receiving the revenue generated by the rides.

At full build-out, the Loop will have 51 stations and take 57,000 passengers an hour."

Probably been said before, but what a fantastic place to have their first major installation.

It has huge peak traffic which is perfect for illustrating how effective the system is. It is also located in a place where massive numbers of people go on a regular basis. If you are the mayor of a big city and thinking about installing a tunnel system it is super easy to evaluate the system.

Also a fantastic way to get millions of people riding in the apparently uncomfortable back seats of a Tesla Model S.

 

[TheTalkingMule]

To be fair though, Google isn't growing revenues at 50%+ per year either.

Neither is Tesla. We're growing at 81-87% per year.

 

[Electroman]

Boring Company's Vegas Strip Loop Nearing Final Approval - Connect CRE

Casino operators have said above-road surface congestion is stymying growth opportunities at the ever popular venue. The newly drilled tunnels will drastically reduce drive times around the heavily congested Las Vegas Strip, and for the users fares will be somewhere between an Uber ride and a...

www.connectcre.com

"The underground loop being built by Elon Musk’s Boring Company will allow Tesla programmed vehicles to travel over 100 mph through the underground tunnel with no congestion. It’s expected to receive full approval at the June 2 Las Vegas City Council meeting.

The cost of the project is being funded by the Las Vegas Convention and Visitors Bureau, the casinos who will have stops along the way and the Boring Company, who will be tasked with operating the system and receiving the revenue generated by the rides.

At full build-out, the Loop will have 51 stations and take 57,000 passengers an hour."

100 mph in a tunnel? Hmmm.. not ready to drink that cool aid yet.

 

[Knightshade]

100 mph in a tunnel? Hmmm.. not ready to drink that cool aid yet.

neither are local regulators, the current system isn't allowed to operate anywhere near that fast.

 

[dhanson865]

I'll start to feel really bullish about Robotaxis when they start using FSD in the vegas loop.

They won't even let them use Autopilot in the Vegas loop so I wouldn't use the Vegas loop as a forward indicator about robotaxis.