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

[electracity]

Maybe he could focus on supplying Tesla with batteries and drive trains! Isn't battery production still the bottle neck for the company?

Rivian is selling this as part of the plan

 

[Ulmo]

It's over! Great.

 

[woodisgood]

C'mon Elon, tell us when we will see the B!!!

 

[SpaceCash]

WOW

 

[tinm]

What's with the 70MM Super Panavision widescreen extravaganza aspect ratio with the Q3 Update as provided at the SEC site?

tsla-ex991_154.pptx.htm

I mean, it's like the IMAX of earnings presentations. As is only appropriate, I suppose, but geez, I kinda miss the ol' 8 1/2 x11 PDF.

 

[Causalien]

All this good news at once, then the solar show Thursday, anyone feel like it was a planned hoopla comeback quarter intended at stock movement?

So far so good...

I just want the truck. Damn it. Why is there nothing on the truck.

 

[Ulmo]

Maybe he could focus on supplying Tesla with batteries and drive trains! Isn't battery production still the bottle neck for the company?

Rivian is selling this as part of the plan

Which part?

 

[Fact Checking]

No. EV technology will make people want to buy cars quicker. Instead of taking 20 years to replace the global fleet, it will happen in a shorter period of time. So short-term, demand for vehicles will increase. Tesla will be production constrained for many years to come.

Exactly: the EV transition is only 1% done, there's another 990 million vehicles to replace (!).

The EV industry will be supply constrained for the next 10 years.

 

[electracity]

All this good news at once, then the solar show Thursday, anyone feel like it was a planned hoopla comeback quarter intended at stock movement?

So far so good...

Short term SP doesn't matter much with 5 billion cash

 

[Big Dog]

No. EV technology will make people want to buy cars quicker. Instead of taking 20 years to replace the global fleet, it will happen in a shorter period of time. So short-term, demand for vehicles will increase. Tesla will be production constrained for many years to come.

Yeah, but who needs to own their own car when a RoboTaxi is just hanging around at the end of your cul-de-sac this December?

 

[colettimj]

Sorry if I missed it, but were there any questions on battery production?

 

[Heimdallr]

Bullish AF! Can't wait for the cyber truck reveal hopefully in November.

 

[woodisgood]

Just to repeat, 5% MORE HORSEPOWER coming to Model 3 via OTA in the next few weeks. WOW!

And what was this about one pedal driving? Like they're going to OTA full one pedal driving?

 

[MABMAB]

If more power is coming, how fast for perfromance 3 now? What 0-60 time?

 

[Prunesquallor]

Just to repeat, 5% MORE HORSEPOWER coming to Model 3 via OTA in the next few weeks. WOW!

God, like I need that. I’ll have to take some profit to pay for future speeding tickets.

 

[Antares Nebula]

There have to be short margin calls tomorrow! The stock might go really high the next two days before crashing back down. I don't know what to do about Wash Rules on my big loss on my 2020 250 calls. I have some 2021 calls that I didn't touch, that will be up big tomorrow. But I don't think I can sell them, right?!?

Not advice, but when I talked to my accountant last spring, he told me that wash sales apply when mixing stocks and options of the same underlying. He is also under the impression that this should be reflected in the 1099. So my guess is that you can't sell it without triggering wash sale rules.

Edit: I actually "researched" this briefly on the internet, and found a mix of professional opinions from CPAs themselves (some even claiming that it depends on the strike and expiration). What's even stranger is that the IRS does not have an explicit rule on this, but merely states something to the extent that if the security can be considered "reasonably similar", then wash sale rules apply. Honestly, I'm very surprised that they haven't given explicit clarification on this, after all options have been around for a while.

 

[Ulmo]

I just want the truck. Damn it. Why is there nothing on the truck.

He did say "This is not the right forum for product announcements." Is that still slated for next month? Anybody have a recent invite?

 

[ReflexFunds]

It was obvious after the 2Twh battery capacity announcement, but very happy to hear Elon confirm Tesla is now targeting annual vehicle production of 20 million per year.

 

[Right_Said_Fred]

Elon: year on year growth for solar and storage will be "gigantic".

 

[electracity]

Exactly: the EV transition is only 1% done, there's another 990 million vehicles to replace (!).

The EV industry will be supply constrained for the next 10 years.

I upvoted, but the ability of the market to respond to demand is remarkable. Shortages in major demand shifts are short lived. However, Tesla's advantage is IP which can't be duplicated by competitors quickly building factories.