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

[Krugerrand]

800 these days...

Longs, shorts, MMs...

I know who the longs are and we really should stop smoking, but I can’t decide between the other two.

Wait, now I know. The shorts are Lee, all cool and thinking they still got this. The MMs are Eli trying to decide which side is going to win so they can temporarily partner up to take down the other.

 

[Dare]

CNBC will be covering TSLA after the commercial break.

Also I realized last week that if you have Sonos you can listen for free via TuneIn Radio which is included with speaker purchase.

 

[SageBrush]

The day traders who buy on MM manipulated dips and sell a few hours later must be feeling pretty smug.

 

[StealthP3D]

Yeah but Bay Area mobile homes are still selling for 5 million right?

Only the newer deluxe double-wides with metal carports.

 

[StealthP3D]

CNBC will be covering TSLA after the commercial break.

I knew it! CNBC had a big short position all along! It's about time they finally covered...

 

[Artful Dodger]

That was only a week ago?!

Yes, here's a candlestick chart from the Opening on Mon, Feb 3, 2020: (Open: $673.83)
Today's Open was $800.47 so yeah that's up $126.64 or +18.8%

Also note that the Upper-BB also increased from $663.51 a week ago to $849.00 at the Open today. That's some real TSLA progress, because it defines the 'sell' signal for certain short-term/technical traders:

REMINDER: THIS CHART IS 1 WEEK OLD

Did I hop into an alternate simulation that runs through my life 10x faster than normal?

"Yes, you've entered the TSLA Zone..." [insert preferred Meme here]

Cheers!

 

[rsm287]

They must be really trying hard to knock it down considering the macros are so positive.

 

[Krugerrand]

maybe it's just me, but it seems used S's are priced more competitively than used 3's

They are and I’ve pointed that out as an option. Still, to get into their price range they’d be missing out on a lot of the new stuff (people are weird that way and range is still King) and the S is still a bloody boat and too big for some.

 

[StealthP3D]

I know a few people who’d love to get into a Tesla, but just can’t swing for a new one. They’ve been looking around for used 3s and there just aren’t any that don’t scream, ‘****! That price isn’t much different than a brand new one?!”

True, Model 3's are in very high demand. All those people arguing in 2017 and 2018 that they would depreciate faster than typical cars in their price range look positively silly now. Before they only looked probably silly.

 

[Bobfitz1]

RobStark said: ↑
I am sure the French and German governments will be happy to see Tesla take 80% plus EU automotive market share.
The Japanese government will be happy to see Tesla take 80% plus Japanese automotive market share.
The Chinese government will be happy to see Tesla take 80% plus Chinese automotive market share.
Thats how things work in the real world.

He’ll keep them happy by building state of the art gigafactories in their countries while innovating new technologies and taking over German firms like Grohmann and rewarding the workforce with stock options.

It's not up to Elon Musk to make French, German, Japanese governments happy. If their countrymen running their nations ICE companies aren't or can't get to production levels needed for EV to replace new ICE sales in the next 5 - 10 years, it's now becoming clear to those execs and politicians in their countries, that Tesla will just keep ramping their EV production until they do.
This is the virtuous cycle of ratcheting the pressure up each year on these companies as Tesla grows 50%+. On the Autobahn you either speed up or get out of the way.

 

[azaz]

the fomo buyers are not piling on cause of what happened last Tuesday

 

[Unpilot]

the S is still a bloody boat and too big for some.

Hmm...to/too big you say?

 

[lklundin]

To get the cash, you must need not care about the money. Think Forest Gump.

Right. I did actually put all my savings in what used to be a fringe auto maker - and now look at where we are...

 

[dl003]

the fomo buyers are not piling on cause of what happened last Tuesday

Good

 

[rsm287]

TSLA is now the biggest holding in Scottish Mortgage Trust (SMT) at 12% of the £9.1bn global fund:

Tesla surge takes it past Amazon to be Scottish Mortgage’s number one

In response to concerns over the heady multiples to profits at which Tesla shares trade, Anderson and Slater have denied that they are insensitive to valuations, arguing that they are simply pricing in the considerable upside they see.

‘We cannot be certain in these opinions but we think the rewards for shareholders, if they prove to be justified, considerably outweigh the risks. As ever, we do not want to interrupt the potential for exponential compounding,’ Anderson explained in Scottish Mortgage’s annual report two years ago.

As a 'closed-end' investment trust is seems they are not required to cap holdings in individual companies to 10% (not like ARK).

 

[Unpilot]

Volume over 8 million in the first hour

 

[dl003]

What is good? Oh... Ignored content. Blissful feature.

FOMO buyers not piling in. In the long term they add no value. In the short term they mess up trade calculations. I prefer we go this week as organic as possible. I also don't wanna change my name to Anthonyj.

 

[Fact Checking]

Upward volatility almost sounds like oxymoron. lol
So you saying as price get around 900, due to high amount of Call options that could be executed, which will create downward pressure due closing of the call options?

No, the opposite effect: approaching and in particular breaking through price levels creates upward pressure, due to the delta hedging effect.

 

[KarenRei]

Funny how being up 36 points / almost 5% feels like a let-down

 

[rsm287]

Here are the best stocks besides Tesla to play the electric vehicle boom, Morgan Stanley says

Does anyone have access to CNBC PRO? Curious to know what other companies that clown is recommending as alternatives to Tesla! (probably worth a chuckle or two!)