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

[StealthP3D]

What a misleading headline on my newsfeed:

Tesla’s stock sinks into correction territory after disclosure of another large seller

Another large seller besides Baillie Gifford???

Oh, you mean Tesla itself selling stock as part of the capital raise, lol

Then there is this gem:

Many on Wall Street label a decline of at least 10% to up to 20% from a significant peak as a correction, while a decline of 20% or more is defined as a bear market. A close below $448.49 would make the correction “official,” while a close at or below $398.56 would mark a bear market.

First, "bear market" typically refers to the larger market, not one stock. I have heard the term applied to individual stocks occasionally, but only after they had been in a prolonged decline (we are talking months here), not from simple day-to-day volatility and corrections.

 

[Lycanthrope]

Holy crap, what is happening?

Madness, fancy, the stock has crashed, to the price is was on Friday close...

 

[henchman24]

Based on the wishful thinking GTC orders I had in that actually triggered, I cannot even begin to describe how brilliant an S and P announcement today would be.

Had to go and jinx it, didn’t I?

Hope you did! I get paid Friday and need to buy more shares before the run!

 

[Yragorn]

I saw the dip at 408USD, but I held myself since I ran out of actual cash since I bought at 440.... Too much of a risk to buy low and expect it to go up, i'd be screwed if it remained low or crashed even more

 

[S3XY]

What a misleading headline on my newsfeed:

Tesla’s stock sinks into correction territory after disclosure of another large seller

Another large seller besides Baillie Gifford???

Oh, you mean Tesla itself selling stock as part of the capital raise, lol

Apparently they didn't realize I reversed my trade.

 

[vikings123]

You have to feel bad for the new retail investors who got into TSLA on Monday or Tuesday. I wonder how many of them got shook out because of this dip.

 

[traxila]

You have to feel bad for the new retail investors who got into TSLA on Monday or Tuesday. I wonder how many of them got shook out because of this dip.

Meh.

Small matter of tuition that needs to be paid.

 

[Open Interest]

Man that was a plunge! Just like the old days.

 

[Curt Renz]

Bloomberg - hour ago: Germany Promises Elon Musk Whatever He Needs For Tesla Berlin Plant

Excerpt:

Germany’s economy minister promised Elon Musk the government will help in whatever way needed to get Tesla Inc.’s Berlin plant up and running as soon as possible.

“We are very proud of your car plant in Brandenburg and we wish you good luck with that,” Peter Altmaier told Musk at a meeting of Angela Merkel’s caucus group in Berlin. “You’ll have every assistance you need.”

 

[BlackS]

Geez, I go to bed and it's over 490 and I wake up and it's down in the low 400's. What am I gonna do with you guys?

Just kidding, blame it on Bailie Gifford... all the more shares for everybody else eh?

Knew you were awake for some reason......

 

[Congo Line]

Cryptocurrency Market Update: Coinbase and Binance go offline amid crypto bloodbath

Despite the thinking that bitcoin serves as a potential diversification asset which is non-correlated to equities and currency, to my (amateur) eye it seems like it has lately been acting as a 'risk-on' asset and correlating with risk-taking esp Nasdaq. So I can't help but wonder if this shock to bitcoin today was at least in some part a trigger which resulted in temporary effects on the Nasdaq and TSLA.

 

[CorneliusXX]

If anything, the Lucid Air has a higher chance of stealing market share from the Taycan't than from the Model S. It aims for the same market demographic. So Porsche gets to keep an increasingly narrower niche: affluent people who want eco credentials and are die-hard Porsche fans. Looking forward to Porsche's next reason for why they're dialling down production numbers next year.

I wouldn't be surprised if VW or similar try to buy Lucid as it has all the tech WV are sorely missing. Not sure if the Saudi's would want to sell though.

 

[S3XY]

I had a feeling there was going to be a decent dip today. Which is why I was trying to sell my Roth shares. I can't add any more cash so I was trying to swing some additional shares today. Oh well, I only missed out on picking up a handful more.

 

[anthonyj]

You have to feel bad for the new retail investors who got into TSLA on Monday or Tuesday. I wonder how many of them got shook out because of this dip.

Good. Now they can buy from me at double the price

 

[mikevbf]

... and right back to Max Pain:

View attachment 583564

It may be Tesla's stock, but it shur'nuf is the MM's Casino.

Cheers!

Those over achievers. Don't they know it's only Wednesday.

 

[Nocturnal]

Bloomberg - hour ago: Germany Promises Elon Musk Whatever He Needs For Tesla Berlin Plant

Excerpt:

Germany’s economy minister promised Elon Musk the government will help in whatever way needed to get Tesla Inc.’s Berlin plant up and running as soon as possible.

“We are very proud of your car plant in Brandenburg and we wish you good luck with that,” Peter Altmaier told Musk at a meeting of Angela Merkel’s caucus group in Berlin. “You’ll have every assistance you need.”

It's nice that Germany has recognized the importance that Tesla holds in terms of the Germany auto industry. It's not a "German" company, but their presence helps ensure that technology and skills with EVs will be developed regionally.

 

[Lycanthrope]

You have to feel bad for the new retail investors who got into TSLA on Monday or Tuesday. I wonder how many of them got shook out because of this dip.

Part of the initiation ceremony, up next, crazy Elon Tweet...!

 

[BlackS]

Part of the initiation ceremony, up next, crazy Elon Tweet...!

I like to refer to that as 'hazing' "

 

[dww12]

So tomorrow: Uptick Rule AND possible Snake Jazz & Saxophone and BofA price hike AND wash out of Robinhood? Could you ask for a better bull set up?

 

[Robocop]

Part of the initiation ceremony, up next, crazy Elon Tweet...!

Don't even.