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

[UkNorthampton]

@Oveeus, I disagreed with your post. Tesla's mission is to acceslerate the world's transition to sustainable energy. Tesla wants other EV companies to succeed. We need more than Tesla to change the world. The more EV cars on the road, the better for Tesla and the better for humanity, as each EV will replace an ICE.

Original post:- "Tesla wouldn't want too many "amateur" (for lack of a better word) on the market tainting the EV image."

Elon might just have had enough of the old companies and thinks it's better to clear out the old guard, dealers, politics etc.

He may be perfectly happy with competitors, just not those dragging their heels. In which case, most LICE are amateurs and should be cleared out of the way. The lesson from fossil fuel (coal especially) seems to be that by persuading banks they are a liability means funding dries up, they close, FUD & lobbying money hopefully goes with them, but might increase during the last desperate moments until hope dies and realism sets in for polluters.

As for the rest of us, every ICE car that isn't sold is a win as it is intended to last many years as a polluter. Many new cars are SUVs - so not actually (much?) better than an older used car. These used cars will eventually go out of service. They go wrong, expensively, often.

 

[Mo City]

Shanghai composite is currently up 2% and U.S. futures are up ~.5%. That suggests a good opening.

Seems to be a lot of anticipation TSLA will blow up again Monday.
My wild guess prediction is a fairly pedestrian day and a close not too far from $1545.

 

[wipster]

Shanghai composite is currently up 2% and U.S. futures are up ~.5%. That suggests a good opening.

Seems to be a lot of anticipation TSLA will blow up again Monday.
My wild guess prediction is a fairly pedestrian day and a close not too far from $1545.

Pretrade in Frankfurt is $1,565... think it might be a wild Monday!

 

[StealthP3D]

See I don't believe it. The SR+ of the Y will have a similar range as the 3 SR+, which is their best selling car. So he knows that the public accepts the SR+ with flying colors. And he knows a SR+ Y will sell like hot cakes

The truth is likely a combination of factors. But I believe Elon when he says the range was problematic. Because when does range tend to matter? That's right, when you're on the Interstate going 75 mph. And that's precisely where the Model Y with a smaller battery would start to show it's limitations. But I agree with your other points.

 

[wipster]

Pretrade in Frankfurt is $1,565... think it might be a wild Monday!

Make that $1,591 premarket!

 

[Cherry Wine]

Pretrade in Frankfurt is $1,565... think it might be a wild Monday!

Just saw it trading at 1407 eur ($1593).

EDIT: 1414 eur ($1601).

 

[wipster]

Just saw it trading at 1407 eur ($1593).

Damn... hold on tight. It's gonna be hard to sleep in tomorrow!

 

[wipster]

Just passed 1,600 US...

 

[saniflash]

I think TT is a successful short term trader using high margins. I think to trade this way you need to change your thinking and positions a lot to try to time market highs to protect your high profits on any run up.
To a buy and hold trader he might seem to change his views week to week but to a short term trader it makes sense.
I trade this way too and I have been very, very successful as my edge comes from only being long on Tesla.
Brokerage firms tell us about 90 per cent of short term traders loose money, but the 1 percent of the winning short term traders can be very successful.

this sounds interesting. can you elaborate a little bit or point in the right direction where/how one can learn to be among the successful ones?

 

[Mo City]

Keep in mind the NASDAQ doesn't give a care about a few hundred shares trading on the Frankfurt exchange.

EDIT: Whoa! This is flipping nuts but it still may settle back down.

 

[Quesder]

Keep in mind the NASDAQ doesn't give a care a few hundred shares trading on the Frankfurt exchange.

yeah.... I haven't prepared my cash (i.e., sell MSFT) to buy TSLA yet. Tomorrow morning hopefully still have chance to buy at $1544-ish price.

EDIT: and NIO goes up too. 14.15 eur

 

[ebullio]

I suspect @Papafox is analyzing which island to buy, Lanai or Kaho'lawe

 

[Artful Dodger]

Damn... hold on tight. It's gonna be hard to sleep in tomorrow!

Hot too. Tradegate (Berlin) just passed 10K shares volume. Last trade: 1.430,80 EUR.

In USD that is $1,621.57 per share of TSLA.

Cheers!

 

[wipster]

Hot too.

View attachment 564079

Yep... 1,624...

 

[Tes La Ferrari]

I suspect @Papafox is analyzing which island to buy, Lanai or Kaho'lawe

Perhaps Oahu - SP willing..

 

[CorneliusXX]

I think that Elon is very disappointed with the other automobile companies and has decided to put the screws to them while accelerating the transition. Why else would he be building 2 factories at the same time and have plans for at least 3 more in the works.

Each price reduction makes it that much harder for any other manufacturer to create viable competition, without taking the path of total commitment. I think he would actually keep prices higher if others were doing their part and getting the whole industry to stop with the Tesla bashing and get on board the zero emissions path.

It sounded like he initially wanted to spark a change to EV's in other OEMs, however during the last decade he realised a market failure where entrenched interests are inhibiting what would be a natural technological change in the industry - so the only certain solution to "accelerate the transition to sustainable transport" is to grow Tesla as fast as possible. It's a kodak/blackberry moment all over again.

 

[CorneliusXX]

I'm concerned with how bearish you have become. Why limit it to "terrestrial" transportation. /s

If Tesla went further than that they would have to compete with Elon Musk. They're not that stupid.

 

[LN1_Casey]

Frankfurt 1434, ~ $1620.

Looks good to me.

Edit: lol, everyone is off hunting the German exchange this morning.

 

[chrsk]

1630

 

[Quesder]

yeah.... I haven't prepared my cash (i.e., sell MSFT) to buy TSLA yet. Tomorrow morning hopefully still have chance to buy at $1544-ish price.

EDIT: and NIO goes up too. 14.15 eur

This is crazy... never had so many members watching Frankfurt PREMARKET Live before.