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

NOLA_Mike

Grouchy
May 11, 2013
2,260
3,808
Hammond, LA
Does this sound right to anyone (that I'm safe selling my 2021 calls at a profit in the next 30 days after selling my 2020 at a loss today)?

You can sell anything you already own for a profit without reseting or disturbing the wash sale rule. You just can't buy back during the 30 days. If you do, then your loss gets rolled into the basis of what you bought back within the 30 days and you can't claim the loss until you sell those shares/options.
 

KarenRei

ᴉǝɹuǝɹɐʞ
Jul 18, 2017
9,619
103,830
Iceland
Anyone remember a guy called Whitney Tilson? I made a bet with him some months ago on Tesla having a profitable quarter.

Fair play to the guy, he just emailed me that I won the best and he'll donate $100 to a charity of my choice.

You could reward his good sportsmanship by choosing a charity that he'd like as well :) Paying it forward.

That's a small gap up. I'm showing AH at $306. That's barely a 20% gap up which is not that much for a stock like TSLA. Don't get me wrong, 20% is 20% but in the bigger picture, it's peanuts.

Um... it'd be the second biggest single-day move ever for this stock in percentage terms. The biggest in absolute terms.

That said... I don't see this stopping after one day. You've got the delayed process of shorts covering, you have analyst upgrades, etc etc. Remember how Q3 '18 played out (man, I love Q3s.... ;) )
 

kbM3

Active Member
May 22, 2017
1,900
9,872
Orlando
Cannot believe Early Access members may have full autonomy with oversight from home to work this year, with likelihood of no intervention. This seriously seems to good to be true!

If they pull this off, do my Jan. 2020 $450 calls I had written off, stand a chance?
 

Fact Checking

Well-Known Member
Aug 3, 2018
7,517
120,116
Vienna
Let me guess. You're asking for a "friend" who was too embarrassed to ask for himself? ;)

I'm pretty sure @bhtooefr is inquiring about the potential timing of a margin call driven short squeeze that Ihor is hinting at.

I believe it's a longer process - the first forced buy-ins would happen tomorrow in after hours trading. But extremely margin squeezed accounts might be emergency liquidated intraday already.

Most institutional shorts won't be squeezed - at these price levels at least.
 

Skryll

Member
Mar 12, 2016
965
3,753
San Francisco,CA
I'm pretty sure @bhtooefr is inquiring about the timing of a short margin call driven short squeeze.

I believe it's a longer process - the first forced buy-ins would happen tomorrow in after hours trading. But extremely margin squeezed accounts might be liquidated intraday already.

TDA has a 5 day rule, but not sure if that applies when very deep under water.
 
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MarcusMaximus

Active Member
Jan 2, 2017
3,789
16,514
Los Gatos
Also, in 5 years Tesla will not be the major player in the EV market. They will be swamped with competition and had better figure out how to make them cheap enough to sell for well less than $35,000 and still make profit. That's what everyone else will be doing.

People have been saying basically this since 2012. As we see with *checks* every other major brand currently making EV’s, it turns out it’s not so easy to make that turn-around. No doubt others will be trying to ramp up cheap and good EV’s, but the old guard is going to have to find a way to very quickly and enormously up their game on cost, quality, range, power, and software if they want a hope for survival.
 

StarFoxisDown!

Active Member
Jan 23, 2019
2,621
19,903
Seattle
Just finished watching the CNBC bit with Gene. The reactions of their panel are hilarious. They were all practically saying the same thing "Oh wait for the call.....something could happen...you never know"

So easy to see that they were hoping for some bit of news like another Exec departing the company to try and paint something bad for Tesla.
 

Antares Nebula

Active Member
Feb 26, 2019
1,152
6,772
Med USA
Regarding Wash Sales. I think I'm ok to sell one option at a loss, and a different one I already owned with a gain. It sounds like the point of the rule is to not sell at a loss, and THEN repurchase the same/similar within 30 days, to fake a loss....

Does this sound right to anyone (that I'm safe selling my 2021 calls at a profit in the next 30 days after selling my 2020 at a loss today)?

It's not selling of anything that triggers wash sale. It's the buying of something (similar) within (+ -) 30 days of selling something at a loss. To wit, when did you buy that 2021 call?
 
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PeterJA

Member
Sep 26, 2013
955
9,058
San Diego
I can't see that happening. Yeah, there is enough Tesla frenzy that they are selling everything they can make, but I'm pretty sure the other 99% of car owners see them as transportation and will wait for EVs to get some track record at the standard price range before they jump on the bandwagon. You can buy a 150 hp lower end car for $20,000. When you can get a comparable EV with 200 mile range for that price then we can start to talk about EVs making inroads. Until then EVs will be ramping up, but it will still not be the main driver in the auto market.

Also, in 5 years Tesla will not be the major player in the EV market. They will be swamped with competition and had better figure out how to make them cheap enough to sell for well less than $35,000 and still make profit. That's what everyone else will be doing.

Dude, you have a lot to learn about Tesla, and their competition. I recommend you start here:

Master Plan, Part Deux

Tesla At Least 4–5 Years Ahead Of Competition — According To German Auto Industry Expert | CleanTechnica
 

bhtooefr

Active Member
Apr 16, 2018
1,156
6,543
Newark, OH, USA
Let me guess. You're asking for a "friend" who was too embarrassed to ask for himself? ;)
I'm pretty sure @bhtooefr is inquiring about the timing of a margin call driven short squeeze that Ihor is hinting at.
Bingo. I'm trying to time a bit of profit taking (now that I actually have profits), not avoid a margin call myself.

(And I'm pretty sure it's a not-a-short-squeeze. :p)
 

Prunesquallor

His cardinal virtue? An undamaged brain.
Dec 19, 2018
3,209
33,869
Houston/Galveston
Ye
Tesla can't make all the world's EVs...yet. They need tens or hundreds more factories all over the world to do so, not to mention a locked down and plentiful supply of lithium and other battery raw materials.

So until then, have to offer a hand to the companies most willing to come along. Not doing so slows the mission.
Maybe, but you charge them the maximum you can without bankrupting them to make them pay for their lack of vision.
 

SMAlset

Well-Known Member
Mar 4, 2017
9,068
9,786
SF Bay Area
People have been saying basically this since 2012. As we see with *checks* every other major brand currently making EV’s, it turns out it’s not so easy to make that turn-around. No doubt others will be trying to ramp up cheap and good EV’s, but the old guard is going to have to find a way to very quickly and enormously up their game on cost, quality, range, power, and software if they want a hope for survival.

And I don't think many will be able to do their own software and rely on 3rd parties and all that could bring with it. Extra costs as not in-house and not as much control, especially when updates are needed. As it is only a few will be producing their own batteries.
 

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