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

[henchman24]

Updated since May 24th close

TSLA 628.16 to 752.29 ... or 19.76%
Nasdaq 11,264.25 to 11,635.61.. or 3.29%

Even if we go from a more recent data point. 6/27 close

TSLA 734.76 to 752.29 or 2.39%
Nasdaq 11,524.55 to 11,635.61 or 0.96%

Also of note... 6/24 Nasdaq practically closed as the same level (11,607). That day Tesla closed at 737.12.

Tesla is performing better than the wider market and has been for a while.

 

[Drezil]

To be fair, pick nearly any number above current and you can find several TA guys telling you why that number is a strong resistance level-- same as for nearly any # below you can find several TA guys telling you why that number is a strong support level.

Then they'll all get into a deathmatch over which of the dozen or more different MAs is "the important one" and tell each other how the other guy drew his lines wrong to reach the wrong conclusions, etc...

And with so many guesses, each of them gets to be right occasionally, despite being wrong more often.


Reading tea leaves is better- at least then you can get a nice cup of tea out of it.

The secret is: do the predictions for support/resistance at market open and be right most of the time
It is what we do in the other tread with charting-tricks

 

[Artful Dodger]

Updated since May 24th close

TSLA 628.16 to 752.29 ... or 19.76%
Nasdaq 11,264.25 to 11,635.61.. or 3.29%

Even if we go from a more recent data point. 6/27 close

TSLA 734.76 to 752.29 or 2.39%
Nasdaq 11,524.55 to 11,635.61 or 0.96%

Also of note... 6/24 Nasdaq practically closed as the same level (11,607). That day Tesla closed at 737.12.

Tesla is performing better than the wider market and has been for a while.

Yes, The Powers That Be on Wall St. decided (well in advance) that Memorial Day would be the Bottom... like on Thanksgiving Day. All else is Kabuki Theatre.

Cheers to the Longs!

 

[Ogre]

Personally I have to disagree - I have wanted to hear the hive-mind's thoughts on the Tesla Energy side of things for a while. This was a good review. I have also been impatient to see them disrupt the energy market as thoroughly as they have the auto industry. I agree this has not happened yet. My takeaway from a lot of the good facts brought to light here (thank you all who brought up relevant history and current plans) us that, if the 4680 ramp is eventually successful in the cost-cutting and massive-scaling goals they set for it, then Tesla Energy will be set for significant market penetration if not outright disruption - disruption in particular when considering their stealth software Virtual Power Plant efforts.

Tesla has created this whole industry of grid attached storage. They have half a billion dollars of grid storage parked in Nevada right now.

I think there is some pretty significant disruption there already. Not so much in "home" solar, but quite a bit in the energy market.

Relatedly, I am becoming convinced that in 2024 the Model Y will be earth's best selling car of any type. The 4680's available then will be even cheaper and provide better range and use less energy in manufacturer that even those we have in mid 2022.

I would not be surprised if it happened by year end.

That said, I don't think the 4680 is going to be the star of the Model Y show anymore. It seems like 4680s are being shifted more to the Cybertruck and new products while the Model Y is sucking up excess 2170 supply and we're seeing lots of LFP cells coming to the Model 3.

I'm sure we'll see increasing numbers of 4680 Model Ys on the road, but the 2170 Model Ys will continue to grow for some years to come.

 

[Zextraterrestrial]

Al Root is a toolbox. My new nickname for him is TBX5000

I always read it as A, capital i...
is it an actual person?
and anything from Bloomberg, 'the street', 'marketwatch', reuters, completely agenda based BS trying to influence and not relating to reality whatsoever...surely missed a few, like any 'news' that comes up in TDA

 

[Accident]

Competition is coming....

Mazda reports just 23 sales of their all-electric MX-30 in June 2022

Many Mazda fans were excited when the Japanese automaker announced they were finally coming out with an all-electric vehicle in the form of the MX-30. That was until they saw the specs of the electric […]

driveteslacanada.ca

View attachment 826324

It’s a great option if you are buying an EV in 2014. A bit more range than a Leaf and more room than an e-Golf

 

[Chunky Jr.]

deal off? TSLA +9 AH

https://twitter.com/x/status/1545518146966228997

 

[Gigapress]

“I’d say more likely than not that in 2022 Model Y is the best-selling car or truck of any kind in the world”
- Elon Musk during the Q1 2021 earnings call.

https://twitter.com/x/status/1386821871199571968

 

[StarFoxisDown!]

Welp, we know why the stock has shown some strength this week…..people definitely knew about this

 

[henchman24]

Twitter deal being off will take a significant overhang off, but it won't be over quite yet. Next step is a lawsuit.

 

[henchman24]

Welp, we know why the stock has shown some strength this week…..people definitely knew about this

It has been far more than this week

 

[hobbes]

Reuters has the news on twitter deal termination, too:

https://twitter.com/x/status/1545520212522553350

 

[JRD1]

Link to the SEC filing for Musk cancelling the Twitter deal

https://www.sec.gov/Archives/edgar/data/0001494730/000110465922078413/tm2220599d1_ex99-p.htm

In addition to the 'spam account' question people have discussed, he also cites several other grounds for terminating the agreement including:

"Finally, Twitter also did not comply with its obligations under Section 6.1 of the Merger Agreement to seek and obtain consent before deviating from its obligation to conduct its business in the ordinary course and “preserve substantially intact the material components of its current business organization.” Twitter’s conduct in firing two key, high-ranking employees, its Revenue Product Lead and the General Manager of Consumer, as well as announcing on July 7 that it was laying off a third of its talent acquisition team, implicates the ordinary course provision. Twitter has also instituted a general hiring freeze which extends even to reconsideration of outstanding job offers. Moreover, three executives have resigned from Twitter since the Merger Agreement was signed: the Head of Data Science, the Vice President of Twitter Service, and a Vice President of Product Management for Health, Conversation, and Growth. The Company has not received Parent’s consent for changes in the conduct of its business, including for the specific changes listed above. The Company’s actions therefore constitute a material breach of Section 6.1 of the Merger Agreement."

More to be found in the 13D at the link above.

 

[ggies07]

Reuters has the news on twitter deal termination, too:

https://twitter.com/x/status/1545520212522553350

 

[Tachyon]

Back to focusing on Tesla .
Happy for Tesla.

 

[juanmedina]

Now sell Bitcoin and we are golden . I wonder if Elon will sell his Twitter stock and rebuy his Tesla shares.

 

[StarFoxisDown!]

It has been far more than this week

We’ll that’s debate . I enjoy our weekly debates on TSLA outperformance/ underperformance based on our own dates/time. I actually should have said outperformance today…TSLA didn’t even outperform its beta for the week

 

[Coolio2000]

Reuters has the news on twitter deal termination, too:

https://twitter.com/x/status/1545520212522553350

Good for TSLA, bad for free speech.

 

[riverFox]

Now sell Bitcoin and we are golden . I wonder if Elon will sell his Twitter stock and rebuy his Tesla shares.

Wasn't there taxes associated when he sold shares? Basically he wouldn't be able to buy back the same amount he sold...

 

[EVMeister]

At least we have a weekend discussion point we can focus on.