Not fairI'll see that and raise you:
View attachment 538186
From my backyard.
In the Santa Cruz mountains, 12 minutes from the Valley
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Not fairI'll see that and raise you:
View attachment 538186
From my backyard.
In the Santa Cruz mountains, 12 minutes from the Valley
This doesn't sound like a good idea. Will be popular but first crash will make very negative headlines:
Elon Musk on Twitter
Pokemon Go whilst driving. You're going to have multiple kids in the back seat demanding their parents drive in different directions - left for Pikachu says the son, right for ice cream says the daughter...
This doesn't sound like a good idea. Will be popular but first crash will make very negative headlines:
Elon Musk on Twitter
Pokemon Go whilst driving. You're going to have multiple kids in the back seat demanding their parents drive in different directions - left for Pikachu says the son, right for ice cream says the daughter...
Hello everybody, new here... I am a Tesla fan, Tesla supporter, Tesla enthusiast and Tesla investor here (from Northern Europe, so excuse my non-perfect English...). However, I have a huge problem, and I am a bit desperate and I need suggestions from you all here! I have been investing in Tesla since 3-4 years, and I was very happy with the results of my investment. I have 100% invested in Tesla, because I believe that 10 years from now Tesla will be the leader in all car production worldwide... no doubts about that. The few dinosaur companies left will not be able to compete with the genius of Elon... however, the recent events have put a serious trouble in my offshore brokerage account. After the last ER and CC, I went all-in Tesla, borrowing half way my margin limits, during the surge AH on Wednesday... I thought that - if in the middle of a pandemic - Tesla is the only company that can post a juicy profit, an incredible YoY growth and is light ahead of the competition, the market will reward the share price, right? and in fact I was so happy, 10% up in AH and amazing expectations for the rest of the week... I was intending to hold the shares in margin for 2-3 weeks, and sell them after the run up to 1,000 or so (my personal target was 1,200 a share, following what happened last time Tesla showed amazing profit and margins all over the books...). However, already on Thursday the stock was a bit weak in the afternoon, and I thought it was the shorts and the other haters in Twitter pushing it down, probably helped by some big short like Spiegel and Einhorn... right?... so I doubled down, reaching my absolute top on margin, because I was sure Elon and the longs would surely do something to help the share price that was so high in AH after ER... I also sold some weekly puts at 750 to get some cash right away on the account... then, on Friday morning Elon made that strange tweet, selling everything and going away, and Tesla is too high price... and oh my God my account has completely crashed and my brokerage has issued a huge margin call that I have no idea how to meet... I know Elon surely had his reasons to tweet like he did, we know he is there for us and for the cause, but what the heck why during market hours and why without more precise explanation of his plan? What shall I do now??? I have no idea, I kind of hope it does a huge reversal on Monday, I have 3 days to meet the margin call... shall I hold or give up immediately... I can liquidate other things to cover the call, and open a mortgage on the house...that should be sufficient... the most scary thing of all is that I had no courage to say anything to my wife... she will kill me if she finds out, I promised her so many presents with the results on my investments... any suggestion, idea or forecast what happens on Monday welcome...
$800-$850 was a high price considering COVID and the lost production and uncertainty. I suspect the shares will drift down into a summer trading range of mid-500's or so before climbing towards the end of the year on building sales and production. Anyone who thinks this means I think it's a good idea to sell either doesn't understand what I just wrote or doesn't understand stock investing very well.
While no one knows what the share price will do, I think this is what Elon is thinking it will do as well. Markets are funny beasts.
Can't vote for a president that suggested people to drink bleach but I agree Trump would win.
... on who's behalf Elon has spoken up. I won't be surprised if Tesla buys at least a supporting interest in any struggling supplers. They'll do whatever it takes:
Zachary J. Kirkhorn -- Chief Financial Officer
"As Elon mentioned, it is extremely important that we remain on track to achieve our long-term plans and technology road map. We are taking the near-term actions required to continue those investments. Model Y in Shanghai and Berlin are proceeding as planned and we're making progress on improving capacity for Model Y in Fremont and Model 3 in Shanghai."
Clearly, those long-term plans include to continued health of Tesla's supply chain in the short term.
Cheers!
Tesla did show good faith of shipping PPE and ventilators. How did that work?
Forget about Bill Gates and Zuckerberg-Chen foundations, B & Z never put all their fortune on the line. Their charity is just a drop of their net worth. Did B send out ventilators or PPE to help those in need? None, nada-none! But B got all the praise for his philanthropy while costing him almost nothing.
If I were Elon I would shred all my good faith as well.
Priceless. Getting endorsement and actively pushing people to buy the freedom car Tesla is now a symbol of is crazy. On one side it's the symbol of climate change, on the other it's now an American flag. Musk has all his bases covered. Kind of what happens when he give zero F while other CEOs couldn't dare to dream of being so liberal with their mouth. This is what happens when you have 1% market share and the rest is for you gain vs other companies in which they have everything to lose with such rants.Wow, that whole segment was a pure advert for Tesla - how much would that have cost to air if it was a paid ad??
Hello everybody, new here... I am a Tesla fan, Tesla supporter, Tesla enthusiast and Tesla investor here (from Northern Europe, so excuse my non-perfect English...). However, I have a huge problem, and I am a bit desperate and I need suggestions from you all here! I have been investing in Tesla since 3-4 years, and I was very happy with the results of my investment. I have 100% invested in Tesla, because I believe that 10 years from now Tesla will be the leader in all car production worldwide... no doubts about that. The few dinosaur companies left will not be able to compete with the genius of Elon... however, the recent events have put a serious trouble in my offshore brokerage account. After the last ER and CC, I went all-in Tesla, borrowing half way my margin limits, during the surge AH on Wednesday... I thought that - if in the middle of a pandemic - Tesla is the only company that can post a juicy profit, an incredible YoY growth and is light ahead of the competition, the market will reward the share price, right? and in fact I was so happy, 10% up in AH and amazing expectations for the rest of the week... I was intending to hold the shares in margin for 2-3 weeks, and sell them after the run up to 1,000 or so (my personal target was 1,200 a share, following what happened last time Tesla showed amazing profit and margins all over the books...). However, already on Thursday the stock was a bit weak in the afternoon, and I thought it was the shorts and the other haters in Twitter pushing it down, probably helped by some big short like Spiegel and Einhorn... right?... so I doubled down, reaching my absolute top on margin, because I was sure Elon and the longs would surely do something to help the share price that was so high in AH after ER... I also sold some weekly puts at 750 to get some cash right away on the account... then, on Friday morning Elon made that strange tweet, selling everything and going away, and Tesla is too high price... and oh my God my account has completely crashed and my brokerage has issued a huge margin call that I have no idea how to meet... I know Elon surely had his reasons to tweet like he did, we know he is there for us and for the cause, but what the heck why during market hours and why without more precise explanation of his plan? What shall I do now??? I have no idea, I kind of hope it does a huge reversal on Monday, I have 3 days to meet the margin call... shall I hold or give up immediately... I can liquidate other things to cover the call, and open a mortgage on the house...that should be sufficient... the most scary thing of all is that I had no courage to say anything to my wife... she will kill me if she finds out, I promised her so many presents with the results on my investments... any suggestion, idea or forecast what happens on Monday welcome...
Musk might be inspired by this:
I was able to avoid liquidating in 2019 when the stock dropped below 250 by buying Puts every week to make my margin calls go away. My brokerage account has a "Margin Calculator" that lets you see what you need to buy to make the margin call go away. You might need to buy Puts with 500 SP, or maybe 300. Plug the numbers into the calculator (to see how many you need to buy and at what SP). In the end I spent a few thousand dollars buying Putts that I knew would expire worthless every week in order to hold onto my shares that are now worth much, much more. Good luck.
P.S. - I could not do the trades on-line because with the margin call, it said I didn't have the money to buy the Puts. However, by calling and talking to a broker each week, they would let me buy the Puts on margin because doing so would make the margin call go away immediately.
P.P.S - I was buying one week at a time because we were close to the bottom when the SP got around the 200 level. If I bought new Puts on the Friday (before the expiring ones expired), I would have been able to do them online because I would not have a new margin call yet, but it was cheaper to buy the new Puts each Monday. Because the SP could drop a lot over the next month, you will need to decide if it makes more sense to spend more to buy Puts that expire 1-3 months from now rather than one week from now. The problem is you will need to buy a lot of them (possibly enough to cover all your shares), and they will probably expire worthless in the end, so you have to figure out what money you are willing to throw away to keep your shares.
No, selling calls earns you just a little bit of money, probably not enough to cover the Margin call. If the Margin call is big enough, and let us assume you own 3,000 shares, you might need to buy 30 Puts to cover all those shares. What I found interesting is that the Puts you buy can have a surprisingly low SP, which means they don't cost too much. This is where the Margin calculator comes into play. For example, you would plug into the calculator buying 30 Puts with 300 SP and see what happens. It might make the margin call go away completely. IF not, you try with a SP of 350, then 400, until it works. Obviously, the higher the SP, the more they cost, so you want to buy the Puts with the lowest SP possible that will meet the Margin requirement.Interesting information, thanks for sharing. Wouldn’t selling calls also have the same effect?
Putting mercury in the air and water is not the opposite of bad policy.
Trump administration weakens mercury rule for coal plants
I could post a huge list of other bad policies, but it belongs in the politics thread. Take your contempt for leftist "types" there.
So did you read my comment from March 26, 2020 (which I linked to yesterday)? In that estimate, I called for a single shift to resume production, 50% production rate for the remainder of Q2 (restart date somewhere between the 1st and 15th of May), 75% production rate in Q3, and not returning to full rated production capacity until Q4. And still making 500K production achievable in 2020.I love your optimism but supply chains and ramping up of manufacturing operations is complex. It is clear Elon and Zach are worried about the uncertainty. Even if we start mid May you are not going to get to peak production for at least 3-4 weeks.
Hello everybody, new here... I am a Tesla fan, Tesla supporter, Tesla enthusiast and Tesla investor here (from Northern Europe, so excuse my non-perfect English...). However, I have a huge problem, and I am a bit desperate and I need suggestions from you all here! I have been investing in Tesla since 3-4 years, and I was very happy with the results of my investment. I have 100% invested in Tesla, because I believe that 10 years from now Tesla will be the leader in all car production worldwide... no doubts about that. The few dinosaur companies left will not be able to compete with the genius of Elon... however, the recent events have put a serious trouble in my offshore brokerage account. After the last ER and CC, I went all-in Tesla, borrowing half way my margin limits, during the surge AH on Wednesday... I thought that - if in the middle of a pandemic - Tesla is the only company that can post a juicy profit, an incredible YoY growth and is light ahead of the competition, the market will reward the share price, right? and in fact I was so happy, 10% up in AH and amazing expectations for the rest of the week... I was intending to hold the shares in margin for 2-3 weeks, and sell them after the run up to 1,000 or so (my personal target was 1,200 a share, following what happened last time Tesla showed amazing profit and margins all over the books...). However, already on Thursday the stock was a bit weak in the afternoon, and I thought it was the shorts and the other haters in Twitter pushing it down, probably helped by some big short like Spiegel and Einhorn... right?... so I doubled down, reaching my absolute top on margin, because I was sure Elon and the longs would surely do something to help the share price that was so high in AH after ER... I also sold some weekly puts at 750 to get some cash right away on the account... then, on Friday morning Elon made that strange tweet, selling everything and going away, and Tesla is too high price... and oh my God my account has completely crashed and my brokerage has issued a huge margin call that I have no idea how to meet... I know Elon surely had his reasons to tweet like he did, we know he is there for us and for the cause, but what the heck why during market hours and why without more precise explanation of his plan? What shall I do now??? I have no idea, I kind of hope it does a huge reversal on Monday, I have 3 days to meet the margin call... shall I hold or give up immediately... I can liquidate other things to cover the call, and open a mortgage on the house...that should be sufficient... the most scary thing of all is that I had no courage to say anything to my wife... she will kill me if she finds out, I promised her so many presents with the results on my investments... any suggestion, idea or forecast what happens on Monday welcome...
If an effective therapy and / or vaccine appears, then we should expect full confidence Restored. The odds of this being realized in the short run appear small.
I see this happening and was thinking yesterday about this very topic, so here is my idea... roughly.This doesn't sound like a good idea. Will be popular but first crash will make very negative headlines:
Elon Musk on Twitter
Pokemon Go whilst driving. You're going to have multiple kids in the back seat demanding their parents drive in different directions - left for Pikachu says the son, right for ice cream says the daughter...