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

[hoang51]

Lat night I was debating the wisdom of buying in after hours at $76x.xx....but not anymore.

Don't let the TSLA train leave you too far behind. Yesterday, I wanted to buy TSLA in premarket, but ended up buying higher during regular market hours. It was a crazy opportunity, wife was questioning why I bought at $695. Her mentality was buy low, sell high. I told her I buy high, sell higher.

 

[sparcs]

Ehm... anyone else see SP touch $833 just now?

EDIT: $835

i missed it:

843.19 +63.19 (8.10%)
Pre-Market: 7:01AM EST

 

[bhtooefr]

I saw 846 for a moment.

 

[JRP3]

Note: I am not fond of this sport nor do I pay any attention to it. However I have met almost no US people who share my disdain.

Pleased to make your acquaintance.

 

[Highway2Heel]

Ron Baron on CNBC next.

Two years ago, Ron predicted TSLA at $800 by 2020. He had a target of $7000+ by 2030.

I hope he’s taking a well-deserved victory lap....complete with lighting a cigar with a paper copy of an Exxon stock certificate.

 

[sparcs]

at this price, doesn't Elon meet at least one of the criteria for his next stock options award?

 

[uselesslogin]

Double $420

 

[LST]

They are limited by their bylaws to 10% position on any 1 company stock.

"Unfortunately, she was unable to buy more Tesla for the ARK funds because she had already maxed out their holdings at a 10% cap."

I know, and that‘s exactly why I went out of ARKK.. and into TSLA options

 

[W84M3]

They need batteries for that. So the first sign of a solution to this problem should be the continued building of GF1 ... it's not even half finished AFAIK.

Yes, and where do they make batteries?

GF1 has, from all sources we've heard, massive labour problems. Building a new GF incl batteries on another location where there is no shortage on labour

 

[Highway2Heel]

Don't let the TSLA train leave you too far behind. Yesterday, I wanted to buy TSLA in premarket, but ended up buying higher during regular market hours. It was a crazy opportunity, wife was questioning why I bought at $695. Her mentality was buy low, sell high. I told her I buy high, sell higher.

For the record, I bought my first shares in late 2012 and watched in awe at the 2013 breakout...and this most definitely tops that euphoria.

 

[Highway2Heel]

at this price, doesn't Elon meet at least one of the criteria for his next stock options award?

Yes....he actually met his next criteria around 4:45 am EST this morning in pre-market. Tesla is past 150B in market cap.

 

[bhtooefr]

The criteria for the options awards are a 30 day and 6 month average being $100B and every $50B from there market cap.

Additionally, a couple operational goals will need to be met, and I'd have to see if they're close to being met yet, I feel like they may actually be the limiting factor on this.

So, the first three tranches on the market cap side vest at the current 180.24M shares outstanding vest at a 30 day and 6 month average price of ~$554.82, ~$832.22, and ~$1109.63.

This is a bit outdated as it's only accurate as of close, but the 30 DMA is $507.68, the 182 DMA is $299.02. So, no tranches have been hit yet.

 

[AudubonB]

Just noticed Goldman Sachs has placed ExxonMobil on “Sell”, stating “no compelling case to own the stock”.

“Sell” ratings on blue chip stocks, from “name” investment banks - these are typically rarer than a friendly Black Widow. And when they do occur, the justification virtually always is because the company is “Fully Valued”.

So, to assert there is no reason for anyone to hold shares - that is a shattering development. It is, indeed, on the same scale as what is happening to Tesla. Fascinating...and something for all to keep on your radar screen as the implications could pan out to be truly important.

 

[KarenRei]

Buy, or start a lithium mining company...

I have a small but growing interest in a lithium venture and a nickel venture, both sitting on massive, unconventional reserves. Of course, if you want a more guaranteed return, you could invest in larger, more established lithium and nickel firms with conventional resources.

 

[pz1975]

This week is one of those “Where were you when...” times of our lives. We will all come back and read these posts with nostalgia in the future sipping champagne on our private islands.

Hello me from the future!

 

[Highway2Heel]

I’d like to take a moment and remind everyone to check your accounts for any auto orders you may have placed and forgotten about. I doubt you want a sell order executing at $800 on the open today.

I think I have my sell order set at $15001.

 

[AudubonB]

Has anyone a link to, or name of the show, for Ron Baron’s appearance on CNBC? I’m trying to paw through CNBC.com for the specific title - I don’t stream the broadcast.

 

[strago13]

At some point we're in for a correction, right? That is the only sane / plausible outcome here? This wont just keep rising in perpetuity, right?

I just updated my sell orders because when you're gapping up $60 pre market and $120 on the previous day

 

[sparcs]

Has anyone a link to, or name of the show, for Ron Baron’s appearance on CNBC? I’m trying to paw through CNBC.com for the specific title - I don’t stream the broadcast.

The schedule says 6am to 9am Central is "Squawk Box"

 

[LJS22]

Has anyone a link to, or name of the show, for Ron Baron’s appearance on CNBC? I’m trying to paw through CNBC.com for the specific title - I don’t stream the broadcast.

You’ll want to watch, he’s killing it right now.