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

[alexxs88]

In 2020, ARK’s price target for Tesla in 2024 was $1,500 bear case and $7,000 base case, presplit. $100-$466 split adjusted...which is almost very close to the range TSLA has traded from It's $400+ ATH set Nov 2021 (over 2 yesrs early) to it's more recent ~$140 low set Jan 2023. This was all without robotaxis, which I believe would have constituted the bull case. I would have to go back to reread the report to see for certain.

It's much more useful to look at the underlying assumptions of their valuation. Thinking they can manufacture 10m cars with close to 30% margin (iirc) showed me that Ark has no idea how manufacturing works. The market was irrational for a lot of 2020 and 2021, so I'm not putting too much weight on the market caps achieved during that period. By any growth company. The vast majority of them will never get close to that ever again

 

[Richard007]

Amazing artwork in Mexico City - I’ve seen a few teslas here every day in Roma neighborhood.

 

[SOULPEDL]

Hopefully we break $200 tomorrow! LFG!

View attachment 1060405

This is on YOU!

 

[CitizenKane]

Was there anything yesterday that was remotely connected to TSLA so I can comment on the circus that seems to emblematize the fall of an empire...

 

[jkirkwood001]

This is on YOU!

View attachment 1060492

Still, with maxpain at $190, there gonna be a ton of downward pressure today. Still green pre-market, let's see how that holds up. Better than Biden in the debate I hope (whoops, couldn't resist).

 

[jkirkwood001]

So basically they will argue the plaintiff legal fees on July 8th and then discuss the recent vote end of July or early Aug.

Makes lots of sense to argue legal fees before a final decision on pay package/s.

This looks to be setting up to a pay the lawyers a huge fee and then rule the pay package is now valid with the recent vote.

https://twitter.com/x/status/1806413903007789131

I think you mean 'INvalid', otherwise your post doesn't make sense. Or at least, loses a lot of its sarcasm.

 

[SO16]

https://twitter.com/x/status/1806412818134053264

Great news but goes to show how incentives affect sales.

Incentives affect sales even more when people think they are coming in the future and will wait for them. If incentives were stable (available or not), sales wouldn’t be affected as much.

 

[Stretch2727]

I think you mean 'INvalid', otherwise your post doesn't make sense. Or at least, loses a lot of its sarcasm.

Probably a mistake on my part to mix in sarcasm.

I meant it's heading down a path where Elon gets his pay as she is willing to listen to arguments on the recent vote but the lawyers also get a big settlement as she will pretend the second vote never happened to decide their pay.

 

[SO16]

Some interesting Tesla history.

 

[Snerruc]

There is a UTube channel called Ray and Zack that deals with car sales. Yesterday they were talking about Ford and the drop in sales. F150 market share down 22%. They were checking Mach E and Lightning sales around country, and Mach E averaged a 3 YEAR Supply af cars to sales! Lightning was better only because less stock. As an aside the Model Y was number two in both 23 and 24. Ray was surprised it wasn’t no1 this year. NOTE this is percent of sales not absolute number of sales. I don’t think we can complain too much about how Tesla is doing.

 

[Usain]

Hopefully we break $200 tomorrow! LFG!

Mission accomplished:

 

[Leftlane22]

View attachment 1060476Amazing artwork in Mexico City - I’ve seen a few teslas here every day in Roma neighborhood.

I’m sure there is amazing artwork in Mexico City - but this isn’t an example. That’s lazy and ugly.

 

[Featsbeyond50]

So basically they will argue the plaintiff legal fees on July 8th and then discuss the recent vote end of July or early Aug.

Makes lots of sense to argue legal fees before a final decision on pay package/s.

This looks to be setting up to a pay the lawyers a huge fee and then rule the pay package is now valid with the recent vote.

https://twitter.com/x/status/1806413903007789131

I interpret this to mean McCormick is setting the stage to award a large payment to the attorneys. Why else exclude the re-vote of the compensation package from consideration? The revote basically proves the lawsuit was not in the interest of shareholders and the attorneys should get nothing. Not considering it allows the opportunity to give the attorneys what they (she) want.

Further, if the rumored backlash in Delaware is accurate, McCormick may be incentivized to rule the way she really wants to while she can.

 

[ThisStockGood]

End of quarter looking much better, what comes to Spain, Netherlands, Denmark, Sweden and Norway.

Electric Vehicle registrations in Europe: 15 countries, majority of BEV market

I took delivery of a Model 3 SR MiC in Køge, Denmark a week ago. The lot was PACKED with shiny new cars and many, many customers were there to pick up their new Tesla. Especially Model 3s. The end of quarter push this time is impressive (again).

It's amazing. Totally in love

 

[unk45]

Was there anything yesterday that was remotely connected to TSLA so I can comment on the circus that seems to emblematize the fall of an empire...

There is no emoji nor are there words to describe the day after.

 

[Featsbeyond50]

This was not a sensor failure, the Waymo detected the pole but had assigned a low damage score to the object and proceeded into it because the pole was within the driveable space and not separated by a hard curb or something along those lines.

Here’s the recall report:

https://static.nhtsa.gov/odi/rcl/2024/RCLRPT-24E049-1733.PDF

I like this. I'm going to feed Dan O'Dowd by telling him toddlers have a low damage score.

 

[M|S|M MYP]

This is on YOU!

View attachment 1060492

Guess this is on you then?

 

[Featsbeyond50]

I interpret this to mean McCormick is setting the stage to award a large payment to the attorneys. Why else exclude the re-vote of the compensation package from consideration? The revote basically proves the lawsuit was not in the interest of shareholders and the attorneys should get nothing. Not considering it allows the opportunity to give the attorneys what they (she) want.

Further, if the rumored backlash in Delaware is accurate, McCormick may be incentivized to rule the way she really wants to while she can.

What's your take @ShareLofty ?

 

[ShareLofty]

I interpret this to mean McCormick is setting the stage to award a large payment to the attorneys. Why else exclude the re-vote of the compensation package from consideration? The revote basically proves the lawsuit was not in the interest of shareholders and the attorneys should get nothing. Not considering it allows the opportunity to give the attorneys what they (she) want.

Further, if the rumored backlash in Delaware is accurate, McCormick may be incentivized to rule the way she really wants to while she can.

She will throw out the second shareholder vote just like she did the first. She listed several problems with the original 2018 comp plan. The revote fixed one. The rest remain including that the comp plan was negotiated by Elon with himself. The directors weren’t independent and didn’t act on behalf of shareholders. Also the Judge doesn’t care about rumors or boomer mommys letter writing campaign.

 

[Featsbeyond50]

She will throw out the second shareholder vote just like she did the first. She listed several problems with the original 2018 comp plan. The revote fixed one. The rest remain including that the comp plan was negotiated by Elon with himself. The directors weren’t independent and didn’t act on behalf of shareholders. Also the Judge doesn’t care about rumors or boomer mommys letter writing campaign.

What you said here is simply additional opinion which I share. I think it's highly likely she will invalidate the second vote. It falls in the category of "rule the way she really wants".