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

[Pras]

The insurance thing is a bigger thing than I had originally thought. Previously I thought that Tesla will partner with an established insurer like State Farm to offer Tesla specific rates and take the risk for it. However, it seems Tesla is now using a Fronting company (I think it is State National insurance) which allows Tesla to basically offer insurance more directly and pocket all profit net of the service fee offered to the fronting company. Interesting to see how they build the pricing model. (disclaimer: just speculating here)

Could be a small but a growing revenue. Let’s see.

 

[mongo]

The insurance thing is a bigger thing than I had originally thought. Previously I thought that Tesla will partner with an establish insurer like State Farm to offer Tesla specific rates and take the risk for it. However, it seems Tesla is now using a Fronting company (I think it is State National insurance) which allows Tesla to basically offer insurance more directly and pocket all profit net of the service fee offer to the fronting company. Interesting to see how they build the pricing model. (disclaimer: just speculating here)

Could be a small but a growing revenue. Let’s see.

And it's progressing

We’re working on it. Takes time to get all regulatory approvals. Almost there for the larger US states. At least 6 to 12 months for Europe/UK.

Twitter

 

[Carl Raymond]

Certainly true, but even a bright boy might be better off if someone hired a nanny (re: Twitter).

I disagreed because I feel it’s no way to treat one of the top minds and greatest contributors to this century. Elon gets off on Twitter, it’s his reward. Take it from him and why should he bother? It has to be spontaneous.

Further, I’m tired of people failing to recognise the thousands of positive tweets versus two questionable. Let he who has never posted an error cast the next stone.

 

[BornToFly]

It seems like a lot of the SP drop the last few months was due to T. Rowe Price selling most of their TSLA shares. Now that it is so low, I wonder if they will get back in to cause a short squeeze and make more money?

 

[JRP3]

If Tesla can find an automaker willing to sell a plant, they could stand up the semi and Roadster very quickly. Stamping presses will be the critical path.

I've assumed the Roadster would be composite. Semi cab could be as well.

 

[JRP3]

Truth serum time:

Leaving everything else aside, wouldn't you have felt better if a Twitter sitter had a chance to edit out the "True, we may not succeed" comment in his tweet on 4/20?

Why? He's said it before and it's true. The shorts say it many times a day.

 

[Todd Burch]

IMHO when we see some long term bulls turn sour & sell/leave publicly, it's usually the sign of bottom. Old bulls left, new bulls bought in at this cheap level and huge volume, will start new cycle.

I bought soon after the IPO and I’m still all in. Model S Reservation in the 1500s, Dec 2009. Do I count as an old bull?

Still here, long and strong. Will probably buy some on Monday if we’ve bottomed.

 

[anthonyj]

I feel so conflicted... TeslaCharts liked my tweet...

Marcus Maximus on Twitter

That’s actually a parody account

 

[EVNow]

I disagreed because I feel it’s no way to treat one of the top minds and greatest contributors to this century. Elon gets off on Twitter, it’s his reward. Take it from him and why should he bother? It has to be spontaneous.

That is why I propose an app that sends all his tweets for approval by a lawyer. 99% of the tweets will just get approved in seconds - the few that don't can be edited by EM. It lets him use Twitter like he does normally and the few seconds it takes to approve would not even be noticeable.

 

[Carl Raymond]

That is why I propose an app that sends all his tweets for approval by a lawyer. 99% of the tweets will just get approved in seconds - the few that don't can be edited by EM. It lets him use Twitter like he does normally and the few seconds it takes to approve would not even be noticeable.

No, it doesn’t let him use it as normal. The world would know that every tweet we saw had been screened. It’s humiliating for Musk. He’s a grown up and does not need a babysitter. It’s the SEC who are being childish with the hyper-vigilance. Put a babysitter on their knee jerk legal actions.

 

[MarcusMaximus]

That’s actually a parody account

Is it? I still can’t tell. TSLAQ certainly seems to think he’s for real and one of their hero’s. I do agree, though, that some of his past stuff seems to be more making fun of them... Poe’s law in full effect.

 

[anthonyj]

Is it? I still can’t tell. TSLAQ certainly seems to think he’s for real and one of their hero’s. I do agree, though, that some of his past stuff seems to be more making fun of them... Poe’s law in full effect.

Noo, I mean click his profile. The L in Tesla is actually a capital i. That one only has 500 followers. I follow him because he’s funny. The real Teslacharts has 25k followers I think.

 

[Webeevdrivers]

So any speculation on how valid the Bloomberg counter is. Reading 5909 model 3’s per day. Between the S X and 3 that’s over a thousand cars day.

 

[anthonyj]

So any speculation on how valid the Bloomberg counter is. Reading 5909 model 3’s per day. Between the S X and 3 that’s over a thousand cars day.

Super duper unreliable. Actually garbage. They said 80k Model 3s were produced in Q1

 

[Causalien]

I realized something profound while I was in bed and delusional from a very bad infection in Varanasi whilst on my journey of enlightenment. Funny how history repeats itself while I am in bed recovering and TSLA goes through this. I've found something I want to do in my retirement.

Don't worry, the oracle will still be oraculous, but I will be busy with the other pursuit.

 

[copyhacker]

An appeal to every scriptwriter out there who believes in a sustainable future.

Write in a scene that demands an EV, or even better, demands a Tesla. e.g. requires ludicrous acceleration for a getaway, or uses romance mode, or uses summon, or requires stealth to creep up on the bad guys hideout etc. I’m not a scriptwriter, so this sounds naff, but a good scriptwriter should be able to make it fabulous, dramatic or hilarious.

Here you go.

 

[Joe F]

But, keep in mind that when you make fun of those that sell (at what you presumed to be a low price), you may get made fun of for buying. Let's hope those who sold those shares to you, whom you made fun of, also had thick skin. Well, actually, they're probably pretty happy.

Yes, I’m sure they’re here, and no doubt grateful to you for standing up for them.

Or, it was institutional selling, or more likely, shorts, that I’m sure could care less about a comment I made in jest at the panic selling, directed towards no one assembled here.

So, long day today and I guess my skin in areas is worn a tad thinner, but if it makes you feel better about yourself chastising me about this, I hope you feel better now. I know I do, now.

 

[EVNow]

No, it doesn’t let him use it as normal. The world would know that every tweet we saw had been screened. It’s humiliating for Musk. He’s a grown up and does not need a babysitter. It’s the SEC who are being childish with the hyper-vigilance. Put a babysitter on their knee jerk legal actions.

The app has to let him use it as normal - that's the whole point. Infact it will let him use it more carefree, not needing to worry about where he might be crossing the line.

Even the most senior and accomplished journalists and authors still go through editors for this reason. It is not "humiliating".

 

[MarcusMaximus]

Noo, I mean click his profile. The L in Tesla is actually a capital i. That one only has 500 followers. I follow him because he’s funny. The real Teslacharts has 25k followers I think.

Ah, right you are.

 

[Buddyroe]

Yes, I’m sure they’re here, and no doubt grateful to you for standing up for them.

Or, it was institutional selling, or more likely, shorts, that I’m sure could care less about a comment I made in jest at the panic selling, directed towards no one assembled here.

So, long day today and I guess my skin in areas is worn a tad thinner, but if it makes you feel better about yourself chastising me about this, I hope you feel better now. I know I do, now.

Only point I'm trying to make is, be careful when you brag and boast about someone else's loss - you never know when it will come back on you.

I'm not chastising you, only pointing out that I did the same thing to you that you did to whoever sold their shares to you.

But, let's let it go and hope for a rebound next week. We're both long and we both want the same thing - for Tesla to be immensely successful and the stock to go up and up and up! Nuff said.