Just drive it down to zero. Clearly the company will be bankrupt any day now. 
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
China weekly insurance registrations could have a big impact - probably asymmetrically to the downside if bad; maybe help stop the bleeding if stronger than expected. Those are due out, what, tomorrow?
bkp_duke
Well-Known Member
Watch that wash rule, if it is a taxable account.
Plus, if you have been in since 2012, that's a big cap gains hit to take.
Not advice, just food for thought.
Do a poll on twitter and see what the results are, lol.
One could argue that TSLA has much bigger issues right now other than "missed estimates" ....
Momentum is simply gone and the company narrative focuses on 1 man's erratic behavior.
We hold and hope that this turns around soon .....
BTW, 167 seems to be the next level of support for chartists ... I'm afraid we get there this week .... : (
The problem is there is massive TSLA Put buying at lower levels, which makes the MM sell shares to hedge. Short sellers are driving it down my buying Puts.
Knightshade
Well-Known Member
Oof.... James is usually optimistic to the high side... not as bad as he was a couple years ago, but pretty reliably higher-than-actual, so that's not great news....
/cloudfront-us-east-2.images.arcpublishing.com/reuters/HQ6MMWSOINJVPIHDSNZEMOUJ6M.jpg)
China COVID cases rise, hard-hit Beijing tightens entry rules
China's capital warned on Monday that it was facing its most severe test of the COVID-19 pandemic, shutting businesses and schools in hard-hit districts and tightening rules for entering the city as infections ticked higher in Beijing and nationally.
www.reuters.com
Maybe this explains weakness
The downward pressure is relentless, and until some new buying volume comes in to overcome it I don't see the fall stopping. A share price of $140 and a PE of 35 by the end of the year might sound silly, but if this trend doesn't reverse that's where we are heading (falling ~30% per month).
Here is his eps tweet
And here is the deliveries slide. He is higher than troy but not by much
cliff harris
Member
I would strongly recommend not doing this.
Its very hard to watch the stock fall if you have significant holdings. I've been buying since 2015, and have long experience of failed attempts to time the market. I'm one of the geniuses who bought on the day of the 'going private' tweet. Fun times...
There is zero way to predict when the market will turn. Maybe Elon is in a meeting right now finalizing the contract for the next twitter CEO? Maybe a drone flyover tomorrow morning will spot 100 finished semis being hosed down and made shiny for an unexpected delivery event bonanza? Maybe the semi specs are way, way better than expected? Maybe the cybertruck specs are better than expected and announced on dec 1st? (with updated reservation numbers).
You have stock in a company run by a CEO with a track record of massive surprises.
A new factory announcement could be any time, a new product could be any time. Someone could leak surprisingly good video of the tesla bot in the factory...
So my summary is: Don't risk it. You have lost 0$ until you sell. Personally, I'm not selling a single share until $225, and not a noticeable amount until $400 (where I'll sell 1/4 my stock, just to give me stability in retirement). I'm seven figures down from my highs in terms of Tesla stock value. Stop staring at the ticker and get something else done. If any of the events I list happen right after you sell, you will hate yourself for it
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Artful Dodger
"Neko no me"
James subtracts his differed tax asset (DTA) estimate of $0.45 from GAAP EPS (probably an error in calculation. Paging @The Accountant ).
Anyway, the direct comparable is Q3 Non-GAAP EPS at $1.12 to his estimated Q4 Non-GAAP EPS at $1.54 (without including any DTA). That's +37.5% in earnings.
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bkp_duke
Well-Known Member
China COVID cases rise, hard-hit Beijing tightens entry rules
China's capital warned on Monday that it was facing its most severe test of the COVID-19 pandemic, shutting businesses and schools in hard-hit districts and tightening rules for entering the city as infections ticked higher in Beijing and nationally.
Maybe this explains weakness
The CCP have been absolute MORONS in their dealing with COVID. Like . . . medical case study in what doesn't work.
A virus doesn't care about political will or national boundaries. And the CCP are so prideful about their own vaccines (which suck) that they have not allowed the mass inoculation of the population with the far superior western-designed and produced mRNA vaccines.
ZERO COVID is not a policy that is viable with an airborne pathogen such as this, and they are just causing undue economic and health harm to themselves, and by extension everyone that uses their production for goods.
Macro **really** sucks.
If it's not China COVID:Zero, it's the Ukraine War and Nuclear Proliferation...or its the European Energy Crisis:
oilprice.com
Many black swans.
If it's not China COVID:Zero, it's the Ukraine War and Nuclear Proliferation...or its the European Energy Crisis:
How Europe’s Energy Crisis Could Turn Into A Food Crisis | OilPrice.com
Energy inflation is wreaking havoc on Europe’s industrial activity, but its energy crisis is now running the risk of turning into a food crisis
oilprice.com
Many black swans.
The stock keeps breaking on no new information,
presumably discounting future negative macro events.
Macro, because tesla specific prospects appear as favorable
as ever. Even if they have to lower prices to move the higher
production, margins can be maintained as productivity increases
and cost of goods sold decline.
The IRA if it applies, should increase profitability .
Fear and FUD and technicals reign.
presumably discounting future negative macro events.
Macro, because tesla specific prospects appear as favorable
as ever. Even if they have to lower prices to move the higher
production, margins can be maintained as productivity increases
and cost of goods sold decline.
The IRA if it applies, should increase profitability .
Fear and FUD and technicals reign.
lafrisbee
Active Member
THE REAL REASON THE STOCK IS NOT DOING WELL:
Today the Cyber(nota)truck is three years old.
Post a photo of your "truck" if I am wrong.
Today the Cyber(nota)truck is three years old.
Post a photo of your "truck" if I am wrong.
Artful Dodger
"Neko no me"
Just drive it down to zero. Clearly the company will be bankrupt any day now.
Haha, wedgies don't care about that, they only want their money back from the 1st split in Aug 2020 (wedgies don't even read the news, they only look at their charts).
You just watch, the News* will magically change after they've got their money back.
*News is a product they buy and sell just like fear, uncertainty, and doubt.
Here's some more info even from the World Economic Forum:
www.weforum.org
Further, @Drax7, the energy transition is getting a boost from all of this going on and people moving on to newer technologies, but they're certainly not proven nor are they scalable ASAP (sans solar) over multi-quarter and multi-year basis to show adoption is robust.
5 things you should know about Europe's energy crisis.
A combination of factors has been pushing energy prices up and up leaving Europe’s energy sector on the verge of crisis. Many may struggle to afford energy this coming winter.
www.weforum.org
Further, @Drax7, the energy transition is getting a boost from all of this going on and people moving on to newer technologies, but they're certainly not proven nor are they scalable ASAP (sans solar) over multi-quarter and multi-year basis to show adoption is robust.
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