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

[StarFoxisDown!]

Figured I'd poke my head in to see how much of a madhouse it is in here today. TMC didn't disappoint lol.

A couple of things:

- Can people stop with the SEC investigation or Elon removed as CEO already? Elon has made similar comments on Tesla share price in the past. No SEC action. SEC would have conflicts if they tried to investigate this time because Elon's legal team would only need to make the argument that because there was no investigation last time..Elon cannot be investigated now for making the same exact comment on twitter.

- Also, I see CEO's stating they think their stock is undervalued on a weekly basis. Just because Elon said overvalued instead of undervalued doesn't change the classification that the comment in either direction is a statement on the stock. So every single CEO that has said undervalued would get in just as much trouble as Elon saying overvalued. I get the differences in context and how it's upsetting for investors but it doesn't change the literal fact that if the SEC investigates....it would be on the ground that it's a statement about the finances of the stock/company and thus stating either overvalued or undervalued still is a violation.

- Absolutely crazy how doomsday it is here on a 10% drop when the stock was already down 3% during the day before the tweet and on a day when macro's are down heavily. Surely it can't be related to the trading action that we all witnessed yesterday (And no I don't think the facists comment made any difference to the stock price yesterday. It was walked down in a orderly fashion the same way it was walked down on P/D numbers)

- Also Tesla just crushed earnings. Q2 will be iffy but Q3 and Q4 are going to be monster quarters......How on earth can someone sell their shares when we're just 3 months away from those catalysts??? That just blows my mind tbh

 

[phantasms]

He hasn’t gone off the rails if you look at what’s important to him. He doesn’t care about day traders. Rightly so. I’m looking at this as yet another buying opportunity. I have sold at times in the past only to regret a few months later. Now I just buy since I’m a long way off of wanting to sell for retirement.

I 100% agree he shouldn't care at all about day traders. In fact one of the reasons I love him is he barely cares about long term traders either. I will also end the day with more shares than I started the day with.

I'm on the COVID is really bad bandwagon [I could be wrong] which is why I'm saying he's gone off the rails. It's the reason I didn't buy short term heavy before earnings. I played that correctly. It's ok to play short term and long term.

 

[Artful Dodger]

I have no idea what point you think you're making. I'd never invest in a Trump company.

You're investing in a Trump County. That makes 'tweeting' behavior relevant.

Remind me, where'd you stand on last January's Trump trade war against China?

What effect did that have on your holdings? Hold or sell?

 

[dw4ngg]

Well, I had to sell some of my Sep 2020 calls today at a not insignificant loss - still holding all my core shares though. I really didn't want to sell...and I'm not personally critical or feeling like the end of the world is upon us after Elon's tweets, but I suspect many others will feel this way (in fact, many have already stated as such on this board), so I want to "deleverage" during what I expect to be a more volatile near term future.

I don't know how much of what is being said is related to financial impact, but tbh, Elon has every right to express whatever he wants. And EVERYONE here who's invested long enough should know how his mind works, and therefore what his behavior is capable of.

Elon and Tesla have made me a millionaire (at least at the moment), so even with today's blip, I can't complain, and I am trying to look on the bright side and be appreciative. You have to take the good with the bad. And like everyone says, if you can't handle the heat, stay out of the kitchen.

Anyway, I'm hoping to pick up cheaper shares with the cash I've opened back up later once the dust settles from this. I expect some SEC action will be forthcoming in the next week or so.

 

[StealthP3D]

To be honest the reactions from other shareholders have impacted me just as much. I'm concerned that there are many who will see something obviously stupid and self destructive and pretend it's ok, or even a good thing.

You must have an odd definition of "obviously" because you have no idea what is really going on here.

 

[MaskOff]

It saddens me to inform that I also have got out of TSLA. I stayed put when the stock was on its way down to 360. I laughed at shorts and CNBC for their feeble attempts at detracting the company. I defended Elon's skepticism of our current response to COVID and still do. But, for me to see him deliberately tanked it to accomplish nothing, it hurt. I sold because I felt many other long-term investors were doing the same and that hurt so much more than the typical manipulation. The biggest problem is there was just so, so many ways he could get his point across and yet he chose the most damaging one to the people who have his back through this entire thing. I love Elon Musk but I'm deeply hurt by what he chose to do today.

NoOooOoO Not tHe hEckIn IvesTiRiNoOoooooooooooo .Uuuuuu cANt JusT tWeTiRuNOooo WhAT onUr mInDeRiNoooooooooOoooo

 

[powertoold]

100% agree he shouldn't care at all about day traders. In fact one of the reasons I love him is he barely cares about long term traders either.

It's more likely he knows that true longs will be fine (battery day will be most exciting day apparently). He's just shaking out his haters. That's why he said "bon voyage" a few days ago.

 

[JRP3]

You're investing in a Trump County. That makes 'tweeting' behavior relevant.

Remind me, where'd you stand on last January's Trump trade war against China?

What effect did that have on your holdings? Hold or sell?

Still not getting your point. The fact that you're comparing Elon's tweets to Trump should be frightening.

 

[mickificki]

NoOooOoO Not tHe hEckIn IvesTiRiNoOoooooooooooo .Uuuuuu cANt JusT tWeTiRuNOooo WhAT onUr mInDeRiNoooooooooOoooo

please stop. thank you.

 

[SO16]

I 100% agree he shouldn't care at all about day traders. In fact one of the reasons I love him is he barely cares about long term traders either. I will also end the day with more shares than I started the day with.

I'm on the COVID is really bad bandwagon [I could be wrong] which is why I'm saying he's gone off the rails. It's the reason I didn't buy short term heavy before earnings. I played that correctly. It's ok to play short term and long term.

Im torn on the COVID. On one hand I want to make sure health care isn’t overwhelmed. On the other, people do need to get back to work. It’s easy for me to say to stay home. But I actually make more money now than before the outbreak. For people who are burning through their savings, can’t get unemployment, they have a right to be concerned. Also don’t forget that Elon has already been through this at Shanghai and knows how to setup the factory probably safer than a grocery store. Also some of his suppliers may go bankrupt. That’s nothing to sneeze at. It’s time to start opening factories in a safe manner. The fed and state says it’s okay but not the local. That’s BS. And Zuck is for stay at home because his employees can work from home, no suppliers and Facebook usage is up. I do wish Elon had not tweeted some of those things like about 0 cases by end of April. But he was right about not needing all those ventilators.

And I work for a hospital.

 

[Rarity]

Neither Texas (where he is spending most of his time these days) nor Nevada have state income taxes, by the way...

 

[homer214]

Bought a symbolic share at $707.07 today. Will buy more next week if this trend continues.

Enjoying HW3 upgrade in my beloved M3 after excellent touch-less service experience this week. Will always be a long TSLA. Focus on making the best EV's and saving our planet.

 

[MaskOff]

please stop. thank you.

Please sell your shares. Thank you.

Good riddance

 

[Green Pete]

i just want everyone to pull up whatever they use to look at the stock market and look at F GM AMZN UBER BYND CBRL BA DJIA SPY and breath for a minute and realize the ENTIRE market is down, and Tesla is more volatile than most stocks all the time. The fact that Tesla is not MORE DOWN is proof that Tesla and Elon are pretty damn strong.

 

[Jackl1956]

My wife has cabin fever. She is sick and tired of being restricted to the house, sick and tired of not being able to go to work, and sick and tired of not being able to pretty much of anything else.

Now, imagine your Elon Musk, the guy who drives Tesla, the guy works twenty hour days to oversee manufacturing, the guy that sleeps on plant floor, the guy that drives Spacex, Starlink, reusable rockets, the Boring Company...

Do you suppose he suffering from cabin fever?

This will pass.

 

[bubb]

Sure is fun to debate all this crap but the question remains: Many investors want to know the detailed plan to reopen Fremont safely, and whether or not they are in active negotiations with the county and state regarding their plan. Or is the entire strategy to call them facists and engage in twitter sing-a-long?

 

[InDaClub]

Just got a memo saying TMC ran out of disagrees last night. A fresh new batch has been ordered.

I'll take the entire new batch, and can you please assign all of them to @azaz - that will save me a huge amount of time. Thanks!

 

[Artful Dodger]

reports that Elon's twitter was hacked

Lol, there's a 'Rodney Dangerfield' joke in there somewhere:

"Somebody stole my credit card last week."

"Did you report it stolen?"

"No, the thief is spending less than my wife".​

Cheers!

 

[StealthP3D]

Just need to know if Elon will be with Tesla after this. I’ll buy more shares if I could get a guarantee

If the short-sellers had their way, Elon would be gone in a NY minute!

Fortunately, only real shareholders get to vote for the CEO. In other words, Elon's not going anywhere. Thankfully!

 

[skybluecgreen]

Sorry if posted but Rob Maurer has a quick take on Musk's 'price is too high tweet.' I found it helpful.