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

[Tslynk67]

So, lets talk Ford...

• under DOJ criminal investigation for emissions certification
• brag they'll have "100 self-driving cars on the roads by the end of this year"
• up 8% on the news that they sold more pickups

That's the reality folks. F*ck anything else, it's the sales that matter...

F: Ford Motor Co - Stock Quote and News - CNBC

 

[anthonyj]

Cash on hand is same level as June 2018 and now there is 500 Mio worth more inventory with accounts payable "only" 200 Mio higher with a positive Q2 cash flow from solar recognised (see previous pages) ; yet they didn't raise then.

They only had Model 3 to build, next year they want to build Semi, Roadster, and Y. There is no way they can do that and ramp up Model 3 production without raising capital someway somehow

 

[JRP3]

Bought more at 243.45

 

[Artful Dodger]

Tesla's cash on hand is too low for the level of growth that they are promising, and they have proven that they can’t be self funding. Capital raise from equity would give a huge boost to investor sentiment and stock price

Peddle your crap in Shanghai. Bring Yuan. Then you too can have a Gigafactory in 9 months.

 

[tivoboy]

There’s no support here people. There just aren’t buyers.

 

[KSilver2000]

Bought more at 243.45

Could have had more for less money later today.

 

[Silent Ludicrosy]

It’s almost like Wall Street is betting against retail investors. Bought more this morning.

 

[farzyness]

There’s no support here people. There just aren’t buyers.

The fact that a trade was executed means that there's people buying.

 

[TheMrX]

There’s no support here people. There just aren’t buyers.

Care to share more information with us?

I see 243 as strong support : previous long term (1 year) support. So I consider it a really nice buying point.

 

[Chartered321]

Shortsellers are doing whatever they want now.
I'm buying shares with gearing x50 (2% margin) and stop loss 1%.
Today I've been margin called 2 times so far
I'm just trying to find the bottom..

 

[TheMrX]

Could have had more for less money later today.

I see some fog on your crystal ball...

 

[JRP3]

Bought more at 243.45

There’s no support here people. There just aren’t buyers.

Well...

 

[Artful Dodger]

It’s almost like Wall Street is betting against retail investors. Bought more this morning.

Lol, ya think? They're not BETTING against you, they're STACKING THE DECK against you. Good on ya for buying today. I'll hold mine too.

Cheers!

 

[Tslynk67]

There’s no support here people. There just aren’t buyers.

There are no sales without buyers...

 

[JRP3]

Could have had more for less money later today.

Could have done so a few seconds later, but I'm not pretending I can pin point the bottom with buys.

 

[Big Blue 1011]

It's interesting how people can view the same situations and see radically different outcomes. I guess that is at the heart of investing in general and TSLA specifically. The difference between Jim Chanos and Cathie Wood. I am looking at jumping back in once my retirement is squared away in May. I see this as an opportunity to get back in at a ridiculously undervalued price. I guess one of us is right and one of us is wrong and only time will tell which.

Good luck to you.

Dan

Or maybe somewhere in between. My problem with Chanos and Wood is that neither gives adequate weight (if any) to information or data that runs counter to their thesis. At least publicly. To me that makes them both spin meisters. Chanos thinks Tesla is going to $0; Wood's bear case is $700 vs $4,000 bull scenario. And yet she trades around the stock constantly. Not that there's anything wrong with that. Buy low, sell high and all that, and I very much appreciate ARK's real time transparency, but her actions don't always mirror her public pronouncements. Chanos has zero credibility and worse, zero transparency.

Rather than compare Wood to Chanos, I would look at the difference between Wood and Ron Baron. Both Uber bulls. IIRC, Baron bought TSLA around 2014 with an average price of $219. AFAIK, he hasn't traded around the stock. He makes many of the same arguments as Cathie Wood. Which one do you think has had a greater return on their investment? If I were to think in terms of the "right" vs "wrong" approach to the stock, that would be my comparison.

Just an observation, not advice.

.

 

[AndyH]

Really? 241?

Note to self: Must not look at SP since I'm way too long to be caring about this bulls***. Almost 3million in volume first half hour is still a good sign. Longs are eating this up. I bought some.

 

[EVMeister]

I see 243 as strong support : previous long term (1 year) support. So I consider it a really nice buying point.

Not strong enough. Although I don't think anybody should feel silly for buying at anywhere near the current prices. Really.

 

[defc0n]

If $243 is broken that's pretty bad. Not much support for a long ways beneath that. Good luck all (not currently holding).

 

[Artful Dodger]

Weel, Lookie Shortzie trying to trigger stop-loses at 240. Intraday low now at 241.09