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

[StarFoxisDown!]

Tesla price action today make the price action yesterday bizarre. Mon-Wed, stock was beating macro's or holding up much better than macro losses. Thursday reversed the trend as Tesla was down more than macro's. Today....it's holding up against the heavy down day across everything

 

[brian45011]

Not gonna pay for a Barron's subscription. Anything more interesting than "disruptive is the future" and "tesla to 6000". Not that I don't like her, but at this point its a lot of rehashing the same old thing.

"Our most important assumption is [demand for] electric vehicles, given the battery-cost declines and the new chemistries coming out of Tesla. We believe the average electric-vehicle price will drop below the average auto price in the next two years. In five years, a Toyota Camry will still be around $25,000, but a 200-mile-range electric vehicle will probably be $15,000."

 

[Unpilot]

Darnit, that was my one free article, and I closed the tab. I like her saying something like "We don't talk about Tesla much, because no-one believes us."

I think she was saying no one believed her with a valuation at $4,000 so they don't talk about it much now that she has raised it to $6,000

 

[brian45011]

Bloomberg - Are you a robot?

Mod: Everyone, please, don't post links like this without telling the reader something about the content. In this case:
Lyft Operating Chief to Depart After Moving Last Year From Tesla
--ggr.

Mea maxima culpa. It is Jon Mcneil who left Tesla in early 2018 after earning most, if not all, of a $700k bonus plan awarded four months earlier. Tesla's sales head to get $700,000 payout on meeting targets - Reuters

 

[Unpilot]

Damn the short's seem to have unlimited powder!

 

[StarFoxisDown!]

Vincent (@vincent13031925) | Twitter

Bit more info about the Barron's article

 

[MarcusMaximus]

This is not a fact, even with your greatly expanded definition of dividends.
There is no fundamental limit to growth. A company can expand into new products, new industries, new regions, new planets, new galaxies - the universe is infinite.

Not infinite

 

[elasalle]

Green

 

[j6Lpi429@3j]

If Elon is reading this thread there is a golden opportunity here, to declare a brand new class of shares called INFINITY Shares, which are exactly the same as existing shares, but have zero entitlement to dividends. They could call them 'sod all preference shares'.
Apparently a lot of people would buy these as they are effectively no different to those silly old fashioned shares that are entitled to dividends.
BTW I own a very profitable company. I am happy to issue non-dividend paying shares to anybody willing to buy them. I'll keep the only two dividend-paying shares, but thats not important in any way...

 

[K_Dizzle]

Damn the short's seem to have unlimited powder!

It would be great to see shorts pile in here. There was some big accumulation recently and it was not them covering shares. Let’s get a beyond meat scenario

 

[Nocturnal]

Seeing Teslas all over the place today in a small-medium city in Southern Indiana. Granted it’s a progressive city though, but still surprising me today just how many compared to prior days.

Really blowing up in KC over the past few months.

 

[EVMeister]

Not gonna pay for a Barron's subscription. Anything more interesting than "disruptive is the future" and "tesla to 6000". Not that I don't like her, but at this point its a lot of rehashing the same old thing.

I managed to read it before it was paywalled. Don't remember much of it, but I do remember the 3 price targets Cathy Wood had for TSLA in 5 years time:

- Bear case = $600
- Bull case (automobiles only) = $1400
- Bull case (+Tesla network) = $6000

Would be nice to see Tesla energy factor into things. Maybe in her future models it will.

 

[RobStark]

H1 2019 Sales by Auto Group

PHEV + BEV

1. Tesla (160.009)
2. BYD (141.459)
3. Renault-Nissan-Mitsubishi (100.736)
4. Geely Group (69.795)
5. BAIC (68.933)

BEV only sales

1. Tesla (160.009)
2. BYD (96.475)
3. Renault-Nissan-Mitsubishi (73.848)
4. BAIC (68.933)
5. Hyundai-Kia (42.605)

EV Sales: H1 2019 sales by OEM (Updated)

 

[Singuy]

If Elon is reading this thread there is a golden opportunity here, to declare a brand new class of shares called INFINITY Shares, which are exactly the same as existing shares, but have zero entitlement to dividends. They could call them 'sod all preference shares'.
Apparently a lot of people would buy these as they are effectively no different to those silly old fashioned shares that are entitled to dividends.
BTW I own a very profitable company. I am happy to issue non-dividend paying shares to anybody willing to buy them. I'll keep the only two dividend-paying shares, but thats not important in any way...

In the year 2050 when Tesla decided to issue a dividend higher than expected, the infinity share holders felt short changed...hence the start of the infinity wars.

 

[Nocturnal]

Okay, well you redefined the argument by introducing (a) infinite time and (b) redefining (broadening the notion of) dividends. When you frame it like that, yes I agree with you, as I think most people would. But that was not the context of the original discussion. Most investors (including myself) would disagree with the original argument that companies that don't pay (or don't plan to pay) *traditional dividends* have no value.

If a share is known that it will never pay a dividend then technically it is worthless. All stock ownership is based on the net present value of future dividends. Otherwise we are just trading air.

I suppose a tiny bit of residual value would remain because acquiring 51% of all shares of a company would grant you voting control.

 

[kengchang]

Damn the short's seem to have unlimited powder!

You only have to fulfill margin requirements when you short sale

 

[StarFoxisDown!]

Granted volume is pretty low today, but someone has definitely been accumulating today. The price action since 11 am eastern time has been steady and practically ignoring the macros.

 

[Krugerrand]

I think some our "long" enthusiasts need to take an investments 101 course paying particular attention to the equity valuation model chapters...

This long has been in since 2012.

Yep, I really need to take an investments for dummies course. Really screwed up. Badly.

Thanks for the not an advice.

 

[StarFoxisDown!]

While small gains, Tesla actually rising in the past 5-10 mins while Nasdaq is actually dropping. Last hour here will be interesting

 

[NannerAirCraft]

Scalped some short term calls on this rise just now. Still going after I sold.