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

[Fact Checking]

If they can get this through and approved before the market closes, my calls are going to have a good time.

It's still unclear - the Republican Senate, recognizing the life-threatening urgency of the coronavirus crisis, went into recess and will only be back on Monday:

Igor Bobic on Twitter

"Sen Lisa Murkowski, pinch hitting for McConnell, files for cloture on the motion to proceed on the FISA bill. 5:30pm Monday. The Senate is officially in recess."

"Senate is leaving town till Monday, meaning whatever the House passes tonight or tomorrow on the coronavirus outbreak will have to wait till then"​

 

[thait84]

It's still unclear - the Republican Senate, recognizing the life-threatening urgency of the coronavirus crisis, went into recess and will only be back on Monday:

Igor Bobic on Twitter

"Sen Lisa Murkowski, pinch hitting for McConnell, files for cloture on the motion to proceed on the FISA bill. 5:30pm Monday. The Senate is officially in recess."

"Senate is leaving town till Monday, meaning whatever the House passes tonight or tomorrow on the coronavirus outbreak will have to wait till then"​

What is wrong with them?

 

[Right_Said_Fred]

The coronavirus infected this thread again with the ever recurring discussion whether it is like the flu or not. As a courtesy I moved that avalanche of posts to the correct thread (Coronavirus), instead of deleting them. Any other posts on this subject will not be so lucky. This thread is about Tesla.

 

[Richard007]

Sold 50 shares at $850 to have cash for a model 3. Not selling my 844 other shares.

All things must pass.

 

[Fact Checking]

What is wrong with them?

Political calculus: Senate Republicans might be afraid of their base, and want to sample the level of toxicity in the fever swamps over the weekend. If it's not too bad they might be willing to deal.

This deal is basically a capitulation by Republicans. The leverage is with the Democrats, as I pointed it out three days ago:

And the conditions of House Democrats are pretty clear:

"House Speaker Nancy Pelosi will meet with her committee chairs Monday night to talk through potential options, and the California Democrat and Senate Democratic Leader Chuck Schumer laid down a marker Sunday night for what any package should include, including paid sick leave, enhanced unemployment insurance and widespread, free coronavirus testing."
​

The Trump administration doesn't want any of that:

• Paid sick leave, standard in every European country, is for some reason anathema to U.S. conservative mantra.
• Unemployment insurance, standard in every European country, is socialism pure.
• Widespread, free coronavirus testing would just expose the real infection numbers.

So I don't think these tax measures have much chance to go through the House - and any new legislation has to be introduced there first. My best guess is that Republicans want to pin this crisis on Democrats.

Good luck with that: Democrats don't have to do anything but passive-aggressively provide a few plausible excuses for why the Republican measures are not fast enough for this great crisis and that Republicans should stop playing election year politics and should start supporting common-sense measures to stop the virus, such as widespread and free virus testing, paid sick leave to keep the sick at home, and unemployment insurance for those laid off due to the coronavirus slump, ASAP.

And Republicans might need a few more market crashes for the Democratic negotiation leverage to hit home.

Political calculus is applied on the other side as well: Pelosi likely leaked the deal being cut to make sure any failure to agree isn't pinned on them.

TSLA is going to flow with the macros until this is over, I believe, so discussing the stimulus package is essential to Tesla right now.


Mod: I agree that the stimulus package is essential to market sentiment and thus TSLA and therefore belongs in this thread.

RSF

 

[Lessmog]

TSLA has dropped another $100 since I wrote this. I am watching a car crash in slow motion - paralysed from doing anything. I remain 90% in high risk long term calls - aargh....

Elon being the ultimate prepper is on the money. Imagine if this pandemic killed 10% - it would be like walking dead within a couple of hours.

How am I still sleeping?

1. Potential to make it into S&P500 in just 6-12 weeks. Given the macros, could Elon make some decisions to get this done now? If so, the squeeze is on and there is nothing that the sneezes can do about it.,
2. Also, nothing will stop the best minds in the world from cracking the FSD puzzle.

I am expecting the battery day to be delayed to the summer now but who knows. Maybe Elon will think that the world could do with some upbeat news. Maybe Greta will sing us a song to cheer us up.

Hey, that's a Greta* idea!

Her mom is actually an opera singer and once Eurovision Song Contest participant (unusual combination, right?) -- but the event should be broadcast rather than a live concert, for at least two reasons: 1) no congregation of many people in one place reduces contagion, 2) much less travel reduces emission.

* my all-time fav Autocorrupt intervention

 

[Tslynk67]

So my thinking for today is to sell my 100 trading shares and buy 12 more of those June 2022 $1500’s...

let’s see how pre-market goes, I’m thinking of 600 - maybe even sell a call on that strike for today.

 

[Causalien]

What is wrong with them?

lol. I got a deja-vu from 2008.

 

[vikings123]

Deiss was just on Bloomberg Europe.

• China is recovering, most plants worldwide are operational.
  
• Sales are picking up in China, government is really helping with their policies.
• Concerned about Italy sourcing as they are dependent on Italy and might have to shut down some plants because of supply chain issues.
  
• Says liquidity concerns are overblown, most feds are willing to step up.
  
• It’s unclear what the COVID19 impact will be on deliveries at this time, needs more time to provide guidance on 2020 deliveries.
  
• ID 3.0 ramp up is looking good
• Optimistic about markets recovering in the short term.

 

[chrsk]

Early premarket in Frankfurt is 570$.. Might be a good day

 

[WarpedOne]

Damn, I wan't my second chance @420 :|

 

[thait84]

Early premarket in Frankfurt is 570$.. Might be a good day

Even better now! TSLA Stock | TESLA Stock Price Today | Markets Insider

 

[Fact Checking]

Even better now! TSLA Stock | TESLA Stock Price Today | Markets Insider

Yeah, around $590 now that Nasdaq pre-market trading is open.

 

[traxila]

Yeah, around $590 now that Nasdaq pre-market trading is open.

Wow what a roller coaster.

Want to thank you all for the great information and analysis presented by posters like Fact Checking.

These are interesting times and everything I needed to both understand the situation, protect my loved ones and even profit from events has been posted repeatedly both on this and other threads in TMC. Now execution is quite another thing... Makes you understand what it means to have both a correct strategy and discipline to execute in a timely fashion. Seems so easy to be right and still get crushed in this market.

I wish all the best to everyone here and hope that everyone stays healthy. I hope we emerge from this together to a stronger Tesla and a renewable energy world.

 

[Thekiwi]

I've been to the Tesla factory several times. The manufacturing line workers are rather spread out. At lunch they sit closer at tables, but they could be spread out. Additionally they are mostly all 20 and 3o somethings.

just being “spread out” isn’t enough, seeing as the car itself passes through every station, so one person unknowingly infected can potentially spread it to everyone else who works on the car after them.

I think the odds of Fremont closing temporarily at some point in the next month is fairly high.

 

[FrankSG]

When the dust settles — and it will, just like all dust ups before this — there will be fewer people on the planet, but not significantly fewer.

Will there? Don't forget that people are pretty good at making new people.

I bet that so far since this crisis started, total human population has increased, not decreased.

TSLA has dropped another $100 since I wrote this. I am watching a car crash in slow motion - paralysed from doing anything. I remain 90% in high risk long term calls - aargh....

How long term? If 2022, I think that more likely than not you'll be fine, and Tesla will be back on track.

 

[Silentk]

Spotted on Twitter:

J.Hillmann on Twitter

 

[lklundin]

TSLA trading at around $555 in Frankfurt - back up roughly in line with overnight macro index improvements due to the potential U.S. stimulus deal.

I haven't seen any Republican response to the deal outlined by Pelosi - if they end up opposing it I'd expect another drop.

Last night, AH ended under 520$ - So I am very pleased to see a bit of green this morning.

Also, if anyone is worried about their TSLA being in the red, take a lot at traditional auto, several went down more than Tesla. I could well imagine the quarterly results of the competition to look bad.

 

[lklundin]

What is wrong with them?

Their money is more important to them than the country?

 

[lklundin]

Spotted on Twitter:

J.Hillmann on Twitter

On this topic IB sent out a bulletin this morning, that due to unprecedented volatility in the global markets they expect to increase their margin requirements 50% from current levels.