tslalala
Member
Frighteningly accurate: Elon faked us out with his macro comments (when it was really him all along).
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Frighteningly accurate: Elon faked us out with his macro comments (when it was really him all along).
This comment by Gary is incorrect. I have estimated that Elon will pay $2.3B in federal taxes this year.nvm
gary did the tally exercise here
and here
…a lot of sales
This comment by Gary is incorrect. I have estimated that Elon will pay $2.3B in federal taxes this year.
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Hope the burnt hair thing that sold out were delivering something good (The flames began Q1 2023)
Q4 earnings, potential new model 3 unrevil, or anyother surprises.......
As for right now, my hair is burning. Hope you all have a green day soon
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LOL! This is great. So the bottom is still about seven months away.July 2023
Musk has continued to sell shares every month, bringing his % ownership of Tesla down to 1%.
TSLA has gone from underperforming macros by 30% to 90%. Share price has reached Gordon Johnson's target.
Chicken Little was a genius afterall.
@Artful Dodger is still trying to convince people it was the "market-manipulators" fault.
@dl003 wakes up every morning pre-market and stares in the mirror for 5 minutes anti-hyping himself: "you know nothing Jon Snow".
The Selling Options thread has been abandoned and barred up. Anyone who was even near a scent of leverage has been wiped out, now gone and forgotten.
@Gigapress is still plotting random scatter plots trying to convince people there's no market effect of Musk dumping all his shares.
There are no more mentions of couches. There are no more mentions of buying stock at all.
The Investor's thread is now an entire wasteland. The mods have left. Everyone was forced to pack up and move their families to Alaska much to @AudubonB 's chagrin.
Total capitulation.
Then absolute silence.
But then..
A single flower blooms in a field of desolation.
A Cybertruck traverses a flooding river and saves a trapped family.
A Megapack saves expensive medical equipment from breaking down during a hurricane.
An elderly lady in need of immediate medical help is able to have her Model Y drive itself to the ER.
Hope is reborn.
Elon is the one that piled up the explosives and told the MSM to have fun with them. That was my point about communication.Ever think the FUD MSM Press who was already on a negative slant w/Tesla and EM in general might have just a little to do with it?
Asking for a friend.
Commercial rules are different in the IRA.Most of the IRA applies to North America not just the USA.
I don’t believe that.Elon is the one that piled up the explosives and told the MSM to have fun with them. That was my point about communication.
Omar posting this says a lot.Frighteningly accurate: Elon faked us out with his macro comments (when it was really him all along).
Yes, right around the time he runs out of TSLA shares!Agreed.
Do we ever think this will end? Are we cursed forever now to have Elon selling his TSLA shares to prop up Twitter? Surely at some point this must stop, right?
OR, he knows bad news is coming and he sold before said negativity drops the share price even lower.
Both options are possible, the truth is we have no idea WHY he sold now, at what seems like the worst possible time to do so. We can only speculate until time reveals the answers to us.
This might then mean he will need to sell more shares to pay his taxes ?This comment by Gary is incorrect. I have estimated that Elon will pay $2.3B in federal taxes this year.
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This might then mean he will need to sell more shares to pay his taxes ?
I think Elon feels bad about it, but he is in a situation where he has to make tough choices, and can't do much about it.
Welcome to the business world.Not sure that empathy is his strong suit.
AspergersThat assumes he is thinking rationally. My current feeling is that he isn't. Whatever is going on in that mind, it is mostly driven by impulse and emotion. It's reflected in his many recent actions that have already helped get us to this point.
That would be the best possible explanation IMO. If I he was trying to front run bad 4Q news, that would be bad. Though I have been critical of him lately, I don't think he would do that.
It's much simpler than that. Look at the chart and where he sold.I was thinking last night that Wall Street has been purposefully pushing TSLA lower (and holding it there) since Elon bought Twitter. TSLA had settled down (along with most other stocks) around ~300 a share until Elon pushed forward. Once this happened, Wall Street knew Elon had to sell shares and would likely sell them on the open market. Wall street did the same math that we did and figured out he needed a ton of coin for the purchase. Cue the huge pushdown. They want shares on the cheap.
Why are we still there now? Other large tech companies have mostly recovered or bottomed out in this macro. Wall street is pissed at Elon for not playing by their rules and instead selling on the open market, not through the dark pools or pre arranged sales via Morgan Stanley/Goldman.
My gut tells me that the emergency board room meeting for Tesla on Sunday and again on Tuesday were as follows. Sunday, Elon tells the board he is selling on Monday. Tuesday the board tells Elon that he cant sell this way anymore because it is crushing the stock, investors, employees, etc.
I dont care that Elon sells, I care that he has some beef with Wall Street and thinks he can outsmart them. Wall street has hundreds of PHD mathematicians and Billions of dollars. He might have burnt them in 2019 with the greatest short burn ever, but they are enacting revenge on him now and hes been backed into a corner.
I dont know when this ship turns around and the stock has a green day, but Wall Street is out for blood and Elon is in their crosshairs.
Elon has SpaceX, Tesla, Nuralink, Boring and Twitter as his 5 babies. He loves his eldest SpaceX, he loves his youngest Twtr. So Tesla is feeling the brunt it looks like (imagine alcoholic dad )I think Elon feels bad about it, but he is in a situation where he has to make tough choices, and can't do much about it.
Most of the market reaction is a massive over reaction caused by macros and perceptions, rather than company fundamentals.
When Elon originally decided to buy Twitter, he didn't expect the current interest rate and market environment.
IMO if people can hang in Elon intends to eventually "make it right", but to "make it right" the Twitter project needs to succeed.
I don't think folding on Twitter is an option for Elon. he has to make it work.
For those that can't hang in, there is no "make it right" and IMO they are selling at a very bad time, but maybe they have no choice.