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

[mars_or_bust]

Trying to buy. Have bought. Will buy more.

The bottom here and in the macros will be when WS determines that they can see a light at the end of the tunnel. Things will happen ridiculously fast then, especially with interest rates as zero.

The difficulty is knowing what is being used as a data point.

Infections rate? Death rate? Countries involved? Determination of efficacy of treatments for Chloroquine and derivatives or Remdesivir? Progress in effective vaccine? Reopening of all shut down states? Or maybe a simple determination that the market is now priced for everyone to go bankrupt so great time to buy. Random inflection point determined by algos which then shove three trillions dollars into the market before you can click the mouse?

Any ideas?

When bad financial reports from companies (and there will be loads of these in the coming months from thousands of companies) stop causing stock price drops - that seems to me a good point to call it the bottom.

 

[traxila]

When bad financial reports from companies (and there will be loads of these in the coming months from thousands of companies) stop causing stock price drops - that seems to me a good point to call it the bottom.

Respectfully, I think that will be too late. Especially if the market continues to dive ten percent a day. At that rate bottom may be next week.

 

[Fobble]

It's not TSLA specifics, but it will help keep the world afloat.

Facebook announces $100 million program for small businesses impacted by coronavirus
Facebook announces $100 million program for small businesses impacted by coronavirus

 

[Queeg500]

I'll be buying a few more if we hit $420.69.

 

[EV Promoter]

Got already 415

 

[Fobble]

I'll be buying a few more if we hit $420.69.

You missed it. It went below already

 

[LN1_Casey]

Welp, there goes my theory that the SP would at least pause at 420.69, due to the pending buy orders at and around that price.

 

[Eugene Ash]

It's not TSLA specifics, but it will help keep the world afloat.

Facebook announces $100 million program for small businesses impacted by coronavirus
Facebook announces $100 million program for small businesses impacted by coronavirus

Are they giving away libras ;-)?

 

[JRP3]

I'll be buying a few more if we hit $420.69.

Blew right through that.

 

[Queeg500]

You missed it. It went below already

Unfortunately it was executed bang on.

 

[neezer]

Welp, there goes my theory that the SP would at least pause at 420.69, due to the pending buy orders at and around that price.

Yep, just like the theory that someone here back in late Jan or early Feb said this virus is nothing to see, move along, just another bad flu, who cares ... that aged beyond gracefully. :/

 

[tinm]

Ford’s market cap now $19.5B.

TSLA looks outright price-manipulated right now. Blue Horseshoe up to no good.

 

[ZeApelido]

Not my chart, but food for thought;



View attachment 522625

Recessions cause virus epidemics??!

 

[KarenRei]

Look at all that green....except TSLA...grrr

We all know the nature of coiled springs.

 

[ZeApelido]

Germany has drone deliveries until today.

I read it like this at first pole "Dude bro no way!"

 

[Johnny Ma]

Yeah, I unfortunately know what you are talking about. My wife and I have three living parents, aged 70 plus, one of them with a serious lung condition. For them the presence of the virus gives a chance of death between 10% to 25% - that is huge, and really really REALLY makes real the seriousness of this crisis. Long term, the odds of me or my wife or our kids getting the virus is probably more than 50% (not 0.1% as Elon very irresponsibly wrote in his email to his employees - I really hope this turns out to be fake news), which makes us all very careful when coming in contact with our parents/grandparents.


Singer3000 is unfortunately right - Elons almost Trumplike stance on this is beyond irresponsible - he seemed to have backtracked yesterday, but unfortunately he doubled down on this today... :-(

To be clear, Elon is a fantastic manager, and fantastic engineer, and a fantastic leader, and has a fantastic approach to solving problems from first principles, and only because of him Tesla will change and dominate the mobility and energy world (making me a much richer person in the process), but he (like all of us, without exceptions) has flaws - as evidenced by the cave rescue fiasco, and this ignorance of the danger of this pandemic. I suspect this flaw comes to the surface during extreme stress, and I suspect he is under extreme stress now due to the logistics nightmare all around the world. This obstinacy on everything in all fields is one of the things which make Elon (and Tesla and Spacex) truly great, but I suspect this obstinacy during extreme stress has a bug in it....

Disagree away. But please do not ignore the virus. Unless something happens unexpectedly (like warm weather maybe making the virus dormant, or a cure discovered), things are going to get really really bad in the USA also. Look at the UK, they thought they could take an easier approach, but the reality bit them hard, and they are following in this the EU lead.

Sounds like we have similar family situations. I know everyone's situation is different, but I have all of my close family who are at high risk self isolating for a little while now. One relative was sent to a property in a remote location. Funny thing about that is, this relative's chance of staying healthy probably increased.

But I'm in the epicenter of a breakout and panic has set in. Service industry workers are going poor. Children's medicine at the pharmacy has been raided. We're out of masks at the hospitals because of stealing. Panic has us sacrificing the healthy at the expense of the elderly and sick. Again, the elderly and the sick are in MY family, too, but this reaction is a hysterical panic and we're going to soon be reminded of the health consequences of unemployment and poverty.

I'm well aware of the projections for CV-19, but I strongly disagree with the "we must shut down the global economy" approach many countries are forcing us into. The global economy keeps us healthy.

Getting the factory going in Shanghai when it did couldn't have been luckier timing. Tesla and China learned that you don't need to shut down your business during the spread of COVID-19. And what luck to be in Germany, where, somehow, the Germans are showing that life can go on during this time with limited disruption to daily life. I hope the US starts making smarter decisions very soon, for the sake of all of us, but one thing's for sure, Tesla is going to weather this storm better than the rest of the industry.

 

[ProfTournesol]

From the drop of Tesla today, we can conclude the market sees Tesla still as a car company.

 

[FrankSG]

My biggest problem with him there is when he got hoodwinked by that dirty private investigator who told Elon what he wanted to hear. Elon should have just packed it up after it died down the first time. None of it mattered at that point but he showed that emotions can get the best of him. Maybe I like him better that way though....Still it was a mistake.

Ah, I don't know the details from all of that, so fair enough.

I was personally outraged, but not so much about Elon's actions as the public's reaction to them. This man who works like 80-100 hour weeks to save humanity, uses his bit of spare time to help build a submarine, gets ridiculed and called an attention-whore, then gets taunted by this piece of *sugar* diver, causing him to snap back and insult said diver. Yeah, Elon shouldn't have said it, but the maddest I've been in the past 5 years was at the public's overreaction to that tweet from Elon. The reaction should've been to point out his mistake and forgive him, not what it was.

 

[ZeApelido]

>> where people pick paper

What paper?
I haven't received or touched a single piece of paper when I got my M3.
I've signed on their smartphone, got the cards and drew off.

You fool, you should have taken all the paper for future toilet paper use...

 

[SOULPEDL]

Not sure if you are actually serious, but a ventilator & ICU care helps the very sick people breathe while giving the body time to try and fight off the virus. Without a ventilator, these people die.

Not having enough ventilators and ICU beds leads to a lot more people dying.

Correct... and lawsuits come pouring in.