-
Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
Ha! I turned off the computer and took a little nap, so I have a few hours of catching up to do. I may have to eat some of these words but:Yup, sold at the exact bottom lol.
"Well I guess hard times flushed the chumps"
-- Ulyss3s Everett McGill
Cheers!
@Prunesquallor So Hoss, when we pickin' up Fremont an moving it to Houston?
Yep, I believe Elon needs a change of scenery. Now that he's dumped that gaudy Cali real estate, I’d suggest a nice ranch out in the Hill Country. Can't be too far west - Bezos owns all that - maybe a few thousand acres near Llano (good wine) or Luckenbach (Willie still throws parties there, and he can get the good stuff). Working ranch with lots of animals for the new young'un to play with. Can’t be too far from Austin because:
a) Yeah, I'll go with Jarrell for TeraTexas (aka New Fremont). Great location logistically - I-35 goes, well everywhere, but 290 would be a great route for roboSemi convoys to/from the Port of Houston.
b) He can get back on the good side of little Grimesy by buying her her own club on Sixth Street. She would be a natural there.
c) He can easily drop in and visit his (presumably) new buddy Greg Abbott and lend a hand putting together any future Texas pandemic policy. If he wants to get more politically involved, he can help finish the Texas flip to Blue [ducks]. Or not.
Speaking of pandemic policy, I gotta go. Meeting some friends at a bar (reservation only, 25% max occupancy).
P.S. Amazing man. With a few tweets he can dive-bomb that SP right to 200.
Last edited:
BOBTHEJOCKEY
Member
Yes Tesla stock price is too high imo if the factory will be closed for another month. It's Elon Musk adding a little more fire power to his fascist rant about opening the Fremont factory as soon as possible. People vote with their wallet. It's his way to get the Alameda County authorities to pay attention.
It sure was noticed.
Cannabis user Elon Musk launches into incoherent Twitter rant that sends Tesla shares tumbling 10 percent after he boasts his company's stock is 'too high' and pledges to 'sell all of his physical possessions'
Elon Musk Twitter rant sends Tesla shares tumbling by 11% | Daily Mail Online
Cannabis user Elon Musk launches into incoherent Twitter rant that sends Tesla shares tumbling 10 percent after he boasts his company's stock is 'too high' and pledges to 'sell all of his physical possessions'
Elon Musk Twitter rant sends Tesla shares tumbling by 11% | Daily Mail Online
feigen66
Member
To be fair, if you read the report that Elon links from USTODAY did not accuse doctor but hospital administration:
Fact check: Medicare pays hospitals more money for COVID-19 patients
Doctors from a corporate run hospital did not get paid for whatever treatment you get. It is hospital has incentive to get paid.
That's very two different things.
It's all paper work with insurance really, but the wording does make difference on claim.
What do you think Musk is worried about really?
Is it that he will have to furloughed / cut more employees for a few more weeks?
Is it simply he thinks a few weeks is going to hurt Tesla's financials so much (directly)?
Is it worry over suppliers - if so how many suppliers are in the Bay Area?
Like what is eating at him so much over a few farking more weeks delay?
Is it that he will have to furloughed / cut more employees for a few more weeks?
Is it simply he thinks a few weeks is going to hurt Tesla's financials so much (directly)?
Is it worry over suppliers - if so how many suppliers are in the Bay Area?
Like what is eating at him so much over a few farking more weeks delay?
I don't believe that is really his opinion today. That is the problem.The count is now that Elon did tweet in the last years 5 times that the stock price is too high or overvalued.
Excluding other 4 times Baird counted makes 9 times in total so he repeated what he said before over time quite often. Stock went up for good reasons and will continue to do so including ups and downs of course
Third Row Tesla Podcast on Twitter
I remember a few of them but they don't matter. They did not before and they do not today.
A CEO can have an opinion.
Just one last thing to point out. While this tweet event is similar to the past ones.....the company itself is in a vastly different place and it's really hard for me to fathom people selling out of their position because of a tweet at this point. If you're selling based strictly on your morals about what Elon is tweeting, ok you should sell and that's fine. But based on the actual fundamentals on the stock, it's incredibly stupid to sell right now. Sure in the past when a lot of Tesla's valuation was based on future growth, there could very real fear of a considerable drop in the share price when this type of event happens. That isn't the case today. The numbers and fundamentals are there and it's simple math to see what Q3 and Q4 are going to be if they get back to full production. I don't think people are properly realizing the margin growth of full scale Model Y and MIC China in combination with the gross margin progress they've already made. We're talking 25% margins without credits and 30% with credits(which are going to start to become a more reliable part of the margin due to Europe credits). When you apply that margin to full production out of Fremont and Giga 3, we are going to get crazy good earnings starting in Q3. I'll gladly wade through the murky waters for 3 months to get to that point.
In my case, it's not worth selling anything as long as the share price stays above the 550 area due to tax reasons. Anyone with a sizable position is gonna be in the same boat as me. So then the question becomes, do I really think it's going below 550 and the answer is no. I'm not going to guarantee that it won't go below 550 for a couple days or intraday but at 550........based on the numbers today....not 2 years of future growth, the stock would be the craziest deal ever.
In my case, it's not worth selling anything as long as the share price stays above the 550 area due to tax reasons. Anyone with a sizable position is gonna be in the same boat as me. So then the question becomes, do I really think it's going below 550 and the answer is no. I'm not going to guarantee that it won't go below 550 for a couple days or intraday but at 550........based on the numbers today....not 2 years of future growth, the stock would be the craziest deal ever.
every single pure death count suggests that we have an undercount not an over count of C19 deaths. This information is freely available (Alberto Cairo on Twitter). Also Elon keeps getting baited in to this new thing where he thinks right wingers showing him videos of C19 deaths with C19 present in body but maybe not cause of death is evidence of some sinister conspiracy when the facts are this is exactly how flu deaths are recorded as well. Is there maybe a small amount of medical fraud going on, possible. But the pure death counts show we are clearly undercounting not over counting. There is no massive conspiracy here.
Also the intubation thing was a couple weeks back and he did basically accuse doctors/hospitals of intubating because they get more money from it.
If you and Musk genuinely believe there is some conspiracy around these facts, seek help.
Elon has said that the stock is overvalued more than 5 times over the years. And each time, the stock has come back.
Momentum? Hah. No one here can predict with a high success rate what the stock is going to do over the next 6 months.
So it took 5 years before anything happened. So what? You could have invested in FB from IPO and have a more steady gain and still not be where we are today with TSLA.
Pezpunk
Active Member
i don't care about the drop in stock price. i care about the mental state of the leadership, which is currently mired in fringe conspiracies and erratic twitter tantrums that could plausibly result in punitive action from the SEC.
from my perspective, the emotional reaction would be to cover your eyes and ears and shout "ALL HAIL MUSK" until any dissenting opinions are shouted down. a more reasoned approach would be to take it as an upward adjustment of overall risk.
I have no idea what goes on in his mind, but he does tweet a clue.
My guess would be, he is saying to Claire, 'Everything in my life is important, but right now none of it matters compared to you and that miracle of a baby that is going to be born in a few days.'
How? By selling his houses in LA? Or by hurting investors, many of which are his employees? How is this creating pressures on the county? "If you don't let us open, I'll take my employees' net worth down the toilet and let's see you deal with them" - that kind of influence? Sorry I fail how his rants today create any pressure on the authority.
Well, surely didn't expect the events of this week, having gone from extremely happy and excited about the SP and the company to feeling like my heart had yanked from body in less than 2 days. And with a baby coming Monday, I have absolutely no idea now what to expect from the tweets of Musk in the coming weeks. Hopefully Alameda will pull their heads out of their collective arses and allow Fremont to carefully restart, with lessons learned from GF3, and Battery Day is the success we're all expecting.
But regardless of the Musk tweets, planned or not, I still believe in the future success of Tesla Motors and Energy. While this pandemic has been painful for humanity, it has allowed us all to see what happens when ICE vehicles are taken off the road, for even a short time, and that in itself may be the biggest marketing opportunity ever available to BEV's. And if Tesla can reduce pricing for American made vehicles the way they have in China, that makes Teslas even more attractive to the masses.
While the next month may be painful, the remainder of the year and afterward still represent the best opportunity available to achieve our common goals.
But put your cowboy hats on boys and girls, the rodeo is just beginning...
But regardless of the Musk tweets, planned or not, I still believe in the future success of Tesla Motors and Energy. While this pandemic has been painful for humanity, it has allowed us all to see what happens when ICE vehicles are taken off the road, for even a short time, and that in itself may be the biggest marketing opportunity ever available to BEV's. And if Tesla can reduce pricing for American made vehicles the way they have in China, that makes Teslas even more attractive to the masses.
While the next month may be painful, the remainder of the year and afterward still represent the best opportunity available to achieve our common goals.
But put your cowboy hats on boys and girls, the rodeo is just beginning...
he couldn't accept he was wrong about the severity of c19 and turned to information sources that would validate his priors no matter how fringe (see John McAfee) they are.
ByeByeJohnny
Active Member
Is it so hard to understand that many are upset because of strange and unnecessary behavior. Regardless of the short term OR eventual longterm result.
I have my shares. Haven't sold any. I'm still 100% sure this stock will go to the moon. I was 100% sure it would be with Elon at the helm. Now I'm only 90% sure that last part will happen.
I even agree with Elon that it's time to open stuff up. Not for the same reasons though.
Krugerrand
Meow
But I don't want to be a wall Mart greeter
I’m definitely not going to need an island greeter, but I am going to need a water boy to serve the participants in my new anger management classes.
You should apply, but I can’t guarantee you’ll get the position. There’s a skill testing question involved that must be answered correctly without the use of a calculator/calculator APP. I’m not sure you’re up to the task.
Because Genius can be Stupid Sometimes
Some perspective. Nasdaq down 3% today, and it's common for TSLA to follow the macros at 2-3X, which means "the tweet" had arguably a 1-4% marginal effect on today's 10% decline.
Similar threads
- Locked
- Locked
- Locked
