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

[Highway2Heel]

Rocket fuel time...

 

[Mkorpal]

Well hello 800. Nice to see you again.

 

[Curt Renz]

$800 broke!

 

[KarenRei]

Who wants to try to hold down this rocket?

 

[avoigt]

Turbo S

 

[SunCatcher]

$800 broke!

That was like 3 minutes ago. $810.

 

[Mkorpal]

Geeze, broke out of 800 like crazy. We might get to that all time close after all.

 

[canoemore]

 

[ammulder]

I agree with you. My take away from the call was that they didn't need to raise money and they were self funding. Whether or not there were underlying tones that he doesn't want greedy bankers trying to get a cut of that money doing a capital raise is up for debate.

My positive takeaway is that even if at the time Elon was against raising money at the time, with the higher stock price and ideas on how they can use more money, Elon was able to change his mind and decide that a capital raise makes sense now. I'm always happy if people reevaluate their previous decisions and decide if it is the right call or not, versus just being stubborn and set in their ways. Elon doesn't mind course corrections and the potential blowback from it if he thinks it is the right thing to do.

I think Zach also made the point that when they "spent like crazy" it got inefficient. He noted that part of the way they got expenses under control (which seemed to be a big catalyst in Q3) was making sure the pace of growth was manageable. I can't believe I'm saying that while they're expanding Giga Shanghai for Model Y and also starting to build Giga Berlin, but there it is.

My take is that they could cover short-term growth with loans and free cash flow ($1B last year, right?). But there is always SOME threat of recession -- whether from virus or tariffs or the oil industry shrinking or whatever. Someone noted earlier in the thread that Ford only survived without a government takeover because they had plenty of cash on hand when the last recession hit. I think it's a fantastic idea to build up cash on hand at a point of strength in the business and stock, if only for that reason.

But we may discover in April that they have more factory buildouts in mind, and it would also be darn helpful to go into that with a stronger cash position. (Perhaps especially if the rating agencies are still dragging their feet on upgrades!)

 

[Singuy]

Oh damn. Did people really think 6 billion in cash wasnt good enough? Now it feels like some shorts/hedge covering being done.

 

[anthonyj]

Lmfao wtf shorts are fried

 

[Mike Ambler]

Build a plant for Semi

• Build more cell manufacturing capacity
  
• Deploy more solar
  
• Make Fancy Ketchup

Sooner

The first one!

Everything else (apart from solar and Ketchup) hing on this, right?

 

[Driver Dave]

Embarrassing time to have a headline like that...

 

[thait84]

Today is one of those days where it shows how risky it is selling near the money calls to capture premiums.

 

[Queeg500]

Anyone have in info/comments on the ~10M shares traded in on minute @$785 about an hour ago. seems like a huge volume! someone big?
View attachment 510785

or just normal?

I saw that too, but a couple of refreshes and it disappeared.

 

[Nocturnal]

So, did I miss anything today?

 

[Drax7]

Andrew left?

 

[Artful Dodger]

I feel a little dirty...have a sell order in at 799.99

Just a smidge..but still

I remind you (and everyone) that the Upper-BB is over $890 right now... jus' sayin' Friday's not over.

 

[Dare]

Feeling like a badass over here after I picked up a handful at $760.

what a great day...Cheers everyone!

 

[Rotte]

Pffft, I bought more shares than Larry Ellison!