Welcome to Tesla Motors Club
Discuss Tesla's Model S, Model 3, Model X, Model Y, Cybertruck, Roadster and More.
Register
  • We just completed a significant update, but we still have some fixes and adjustments to make, so please bear with us for the time being. Cheers!

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

adiggs

Active Member
Sep 25, 2012
4,196
11,469
Portland, OR
Now the SP is slightly above 1k, are the MM sad or is it that being so close is sufficient to them?

Even though they're slight over 1k (by .90), they'll get the lion's share of the benefit. They'll owe .90 on the remaining open 1000 calls (actually - I think those get delivered in the form of shares, which under the wrong circumstances can be even more painful, but I digress).

At just under 1k those 1000 calls would have been worthless, it would've been the 1000 puts that were just barely ITM, but again small amount. There was about $50M between each of the 995, 1000, and 1005 strikes at the start of the day. That evolves as the day goes along, but that gives the start of an idea of how much they were affected plus or minus (along with any retail option sellers that were riding their coattails). That's in the context of ~2.7B (is what I remember, start of day), so it's not nothing, but there's a limit to how much tinkering is needed when you're within dimes of the target.


As larger context, I sold some of those 1000 calls for ~7.50 and bought them back at 1.00. If the market makers see a similar ratio, then they still did ok earning 7.5x on their overall position. I think they did a LOT better than that (but don't have any actual knowledge, experience, etc.. to say something worthwhile). They probably spent a little or a lot hedging that position as well which would have eaten some or a lot of that 7.5x anecdotal profit.

(I have guesses at the actual market making dynamic that make sense to me - but they're guesses, which can be reasonably approximated as worthless if you're going to use them as the basis for any money-involved decisions).
 

CorneliusXX

Active Member
Jun 19, 2015
2,060
16,124
London
Thanks for that. There are at least two areas in that video that I just noticed have what appear to be foundations for large format aluminum diecasting.

So perhaps four or five large format diecasting areas (at 2:15, 2:40, 2:52, 4:13, and 6:24)? Unless I am mistaken and some of these are foundations for other purposes.

I have numbered the foundations in the attached image.
I noticed that too and am curious to know the answer re foundations. They seems to be spread out which at first glance seems odd. I'd assume they'd want to have all the casting areas near eachother? Perhaps it's redundancy in case one of the machines goes pop. Or perhaps Tesla has figured out how to produce 5-6 large castings for the Y to simplify production further than has been discussed.

p.s. In your photo you missed the largest once under construction near the loading ramp on the north end.
upload_2020-6-19_21-24-38.png
 

Rarity

Member
Jan 29, 2009
864
3,546
I noticed that too and am curious to know the answer re foundations. They seems to be spread out which at first glance seems odd. I'd assume they'd want to have all the casting areas near eachother? Perhaps it's redundancy in case one of the machines goes pop. Or perhaps Tesla has figured out how to produce 5-6 large castings for the Y to simplify production further than has been discussed.

p.s. In your photo you missed the largest once under construction near the loading ramp on the north end.

No, I caught that one. It's #5 in the image.
 

Attachments

  • Diecasting Foundations Gigafactory Shanghai.jpg
    Diecasting Foundations Gigafactory Shanghai.jpg
    178.6 KB · Views: 22

lafrisbee

Active Member
Dec 13, 2019
1,585
5,060
Indialantic FL
I know, but that would turn it into a "stunt"



I don't see Tesla upgrading the entire network with robots in the near future. It would more than double the cost to maintain the network and limit the speed at which they could expand it to more locations. And all for very little additional real-world functionality. But, sure, it would be cool.
A few thoughts since we have the dead air space...
The FUD/bears haven't brought it up BUT IT IS COMING NOW BECAUSE I WROTE ABOUT IT RIGHT HERE RIGHT NOW.
The auto-chargers are coming... The Disabilities Act is going to make not having a way for the disabled to get their BEV's charged a lucrative area for the Ahole lawyers. That is if FSD Doesn't make it extremely profitable to upgrade all the super chargers first.
but also consider how cool it would be...get out at the Bob Big Boy for a slice of strawberry pie right at the door. Eat your pie while your car goes charge.... you'll be able to schedule it to get back to the front door regardless of charge.
 
  • Like
Reactions: capster

jhm

Well-Known Member
May 23, 2014
9,315
30,981
Atlanta, GA
Off for Juneteenth? Nike, Twitter other corporations observe holiday

This article puts corporate observance of Juneteenth into some context. It does not seem that very many companies actually shut down for it. For example, Target offers it as a paid holiday, yet the stores are fully operational right now. My employer, a major bank, simply encourages us to take some time to learn about Juneteenth. Likewise Bezos is encouraging employees to "take some time to learn, reflect and support each other."

So in this larger context, it does not seem Tesla seem out of step from how other companies are observing Juneteenth. Perhaps Juneteenth should evolve as a holiday in the coming years, but businesses are just waking up to what this might look like.

Let me virtual signal for a moment to say that I observe Juneteenth with my religious community. It is actually a week long observance. Notably last Sunday we held a viewing the documentary "Emanuel" with discussion. I recommend the film on the 2015 shooting of the Emanual 9 in Charleston. We also have special worship services and a music program. Usually we have a summer festival gathering (barbeque), but that was cancelled due to covid19. Our bishop has been working closely with our African Descent Lutheran Association to help broaden the observance of Juneteenth. So even churches are learning how to step up our Juneteenth celebrations.
 

lafrisbee

Active Member
Dec 13, 2019
1,585
5,060
Indialantic FL
What exactly is "unpaid PTO"? I thought PTO meant "paid time off."

Does anyone know if MLK, jr, Day is a paid holiday for Tesla? Perhaps Tesla should set up floating holidays so that employees can elect the specific holidays they wish to observe. For example, one might like to swap Columbus Day for Juneteenth.
Big corps avoid the BullSh!T by having X number of paid holidays, AND letting the employee take a certain number of other "holidays" off they want. The number of days I see most often is 3 extra ones... You do not have to state why it is a holiday to you. You just put the request in in time and you are GUARANTEED the day off because it is YOUR Holiday...unlike normal days off, they are virtually guaranteed because of crap like religion. And yes I consider Homecoming at Auburn a Religious experience.
 

Knightshade

Well-Known Member
Jul 31, 2017
11,253
14,707
NC
The auto-chargers are coming... The Disabilities Act is going to make not having a way for the disabled to get their BEV's charged a lucrative area for the Ahole lawyers.

I do not believe the actual ADA supports your notion here.

Not even gas stations are required to help the disabled if there's only 1 person working at the time... (they're only required to if they have 2 or more working at the same time) and obviously superchargers have 0 people working at them.
 

lafrisbee

Active Member
Dec 13, 2019
1,585
5,060
Indialantic FL
That day in September, we when the terrorists attacked the World Trade Centers, I was employed as a construction electrician, building four new peaker power plants immediately adjacent to the Harbor Generating facility next to Lomita, California.

Not long after, I went to work as an Electrical Mechanic for the Los Angeles Department of Water & Water. Even though I was a journeyman electrician, I was assigned to a forty month training program covering utility generation, transmission, sub-transmission, and distribution; importantly, this training covered the construction, installation, operation and maintenance of these utility disciplines. I have built generation, switching, receiving, and distribution stations; while being directly responsible for their maintenance and upkeep. The labor involved in maintaining current generation technology is staggering. The maintenance required fo solar power begins with a bottle of Windex.

After years of experience in station maintenance and construction, I was assigned as a solar power inspector.

I am fluent in the regulatory requirements of co-generation, and yes I understand the challenges of “regulatory capture” and the power of the lobbyists employed by the utility industry. Bored with the details of my resume, I only wanted to point out that I’ve seen both sides.

I fully aware of costs, technical complexities, and upkeep requirements of a wide range of generation methods. I also know the weaknesses of the renewable generation companies (i.e. Tesla) and the weaknesses electric utility firms.

Technology evolves at a faster pace than bureaucratic organizations (utilities) can keep up with. The utilities are indeed embedded into the Earth — I realize they are not going away.

That said, Tesla is uniquely positioned to take wide swaths of utility revenue streams. And, I believe Elon Musk to be a seasoned warrior in the battle against regulatory capture.

Pipe dream? Okay, keep telling yourself that.
SIDEBAR: ARE YOU SH!TTING ME!? Have we become that politically correct out in Cali? "Los Angeles Department of Water & Water?
 

lafrisbee

Active Member
Dec 13, 2019
1,585
5,060
Indialantic FL
I do not believe the actual ADA supports your notion here.

Not even gas stations are required to help the disabled if there's only 1 person working at the time... (they're only required to if they have 2 or more working at the same time) and obviously superchargers have 0 people working at them.
I appreciate your insight. And I can understand the reasoning...now, just to flesh this out a bit... Are you an Ahole Lawyer?:cool: Or do you represent them? Cuz lawyers' gonna law.
 
  • Funny
Reactions: capster

LN1_Casey

Draco dormiens nunquam titillandus
Mar 6, 2019
2,006
9,957
Oahu, Hawaii
I appreciate your insight. And I can understand the reasoning...now, just to flesh this out a bit... Are you an Ahole Lawyer?:cool: Or do you represent them? Cuz lawyers' gonna law.

I think the point of that law is access. They have to have reasonable access to it. So elevator or ramp if there is stairs somewhere. Disabled people have to be able to get in and out of cars on their own (or how would they do it to drive?) and as long as the chargers are reachable by wheel chair, Tesla should be good.

Now, a handy cap sized space maybe something else. Allows them to open the door wide to get in and out.
 
  • Love
Reactions: UncaNed

Causalien

Prime 8 ball Oracle
Nov 19, 2012
3,738
13,522
Pothead's Republic of Canukstan (PRC)
I read WSB daily during the quarantine for some laughter and the hilarious repetition of the same avoidable mistakes.
One thing that dawned on me right now is how far ppl on this forum have progressed in their investing/trading abilities after gaining all sorts of knowledge from different walks of life.

I know this sounds exactly like TSLAQ, but the difference compared to the TSLAQ gang is that, whereas ppl in TSLAQ were bragging about their credentials, I know many ppl here have hidden their true credentials (from the few I've met) because they are comfortable enough in their lives to not need the limelight.

4 digits stock price, a number which I didn't dare to imagine at any stage of the fight: Here we are. It's a number that any investor who've been in TSLA since the beginning would have taken as victory, but the real fight for climate change is far from over. The green future is worth fighting for as we have temporarily seen during the lock down, how nice the planet can be without pollution.

Welcome to the new battleground @ $1000
 

Knightshade

Well-Known Member
Jul 31, 2017
11,253
14,707
NC
I appreciate your insight. And I can understand the reasoning...now, just to flesh this out a bit... Are you an Ahole Lawyer?:cool: Or do you represent them? Cuz lawyers' gonna law.


yes, lawyers ARE gonna law.

Which is why they probably won't file lawsuits for things that don't, in any way, violate the law.

Like unmanned superchargers not automatically charging your car for you.

As I said- not even MANNED gas stations are required to help a disabled customer under the ADA if there's only 1 person working. Let alone the 0 persons working at a supercharger.

Now- if Tesla decides to open superchargers with attached/co-owned-by-tesla convenience stores with multiple employees working at the same time- there might well be some basis for a suit at any such location (if they don't offer disabled assistance). Otherwise, not so much.
 

About Us

Formed in 2006, Tesla Motors Club (TMC) was the first independent online Tesla community. Today it remains the largest and most dynamic community of Tesla enthusiasts. Learn more.

Do you value your experience at TMC? Consider becoming a Supporting Member of Tesla Motors Club. As a thank you for your contribution, you'll get nearly no ads in the Community and Groups sections. Additional perks are available depending on the level of contribution. Please visit the Account Upgrades page for more details.


SUPPORT TMC
Top