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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
That money is to prevent a liquidity crisis in the banking system and ensure no banks suddenly fail. It's not something that means a lot for the economy, nor is it meant to be. No one wants sudden credit defaults. The Fed only does what it can do, after all, and this is one of the few things they can do.
I have never seen such a sequence of terrible decisions by people in charge. Massive failure all around.
It is so bad I almost want to believe they had a plan to crash the economy rather than think they are so dim.
Sad.
I think I might start saying I'm Canadian, just visiting this crazy country.
I think at the moment we see bear trap for short term as repo relief should be rather good news as repos were over subscribed recently, now that problem should be gone for some time.
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Why even gold Is in disaster mode today? Isn't gold supposed to go up in market like this??
I have some spare change from earlier....more SPY puts? Maybe some BA puts, they are down 50% already but I don't see the bottom there. Man, if I had puts on airlines and cruise companies I could have retired today. Unbelievable.
Been asking the same question to myself.
Hard to process all this at once, eh?
Gold dropped in 2008 too as margin calls came through only to take off once the dust cleared and the Fed responded with QE. I'm expecting something similar soon.
Glamisduner
Active Member
beautiful, I was able to buy back my tesla shares today at a lower cost. I think I'm going to continue to buy shares every time the price drops.
ByeByeJohnny
Active Member
Yeah, kinda this. We might go down further but it's very unlikely a similar fall will happen again anytime soon. we'll need an insane uptick in a fairly short time for that to happen.
But even more what I wrote. I now have the shares I aimed for. For someone with little savings going 100% into Tesla and taking numerous chances that could have gone bad several times I have zero intention to try to time the market anymore. And having 'worked' this hard to get these shares I'm not gonna risk them again. I plan to sell one each month when I retire in 10 years or so. And if it passes $2000 before that maybe I'll retire earlier.
Rashomon
Member
I'm 75 percent reinvested, perhaps prematurely. Saving the 25 percent cash to see what happens over the next week or three. My IRA is down about 15 percent from its February peak, instead of the 40 percent or so if I hadn't cashed out. The 15 percent paper loss is from trying to catch a few falling knives. With purchases today, I have more TSLA stock than ever, and need it back to 630 or so to recover to my peak.
It will be interesting to see what the production/delivery numbers for TSLA look like, and whether this turmoil costs a few thousand deliveries before Q1 end, and how that effects Q1 profitability. Cars are very deferrable purchases, but as the overall car market volume shrinks this year, EVs may well grow in absolute terms, and even more so on a market share basis. The macro situation is going to make it harder for existing automakers to devote resources to the electric transition, and harder still to accept selling EVs below manufacturing cost to satisfy CO2 emission standards.
If this turns into a relatively nasty recession, Tesla has the option of slowing its growth plans slightly, perhaps delaying the central US factory by a couple of quarters or more. The flexibility for Fremont to allocate between M3 and MY production is going to be critical; hopefully that flexibility is there.
And this turmoil, unless we exit it very quickly with a strong market and economic bounce back, is likely to strongly influence US elections. A Biden presidency with a Democratic house and near 50/50 Senate is likely to result in policies that will benefit Tesla on EV, solar, and energy storage sales. However, if this turns out to be a relatively short-lived panic, voters won't remember it by November.
It will be interesting to see what the production/delivery numbers for TSLA look like, and whether this turmoil costs a few thousand deliveries before Q1 end, and how that effects Q1 profitability. Cars are very deferrable purchases, but as the overall car market volume shrinks this year, EVs may well grow in absolute terms, and even more so on a market share basis. The macro situation is going to make it harder for existing automakers to devote resources to the electric transition, and harder still to accept selling EVs below manufacturing cost to satisfy CO2 emission standards.
If this turns into a relatively nasty recession, Tesla has the option of slowing its growth plans slightly, perhaps delaying the central US factory by a couple of quarters or more. The flexibility for Fremont to allocate between M3 and MY production is going to be critical; hopefully that flexibility is there.
And this turmoil, unless we exit it very quickly with a strong market and economic bounce back, is likely to strongly influence US elections. A Biden presidency with a Democratic house and near 50/50 Senate is likely to result in policies that will benefit Tesla on EV, solar, and energy storage sales. However, if this turns out to be a relatively short-lived panic, voters won't remember it by November.
I guess Ralph Nader was correct... Tesla's rise was the end of all lol
Glamisduner
Active Member
I'm not sure, this might just be the tip of the iceberg.
Sean Wagner
Member
A resignation at the top would do it. Nothing else attacks the root cause.
And be glad you didn't buy Renault!
$24.42 at its peak two years back
From a distance it kinda looks like a stock to get into, surely it will come up from here? Well maybe a bit, before the whole company goes down the shitter...
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Naah, there are very few believers left who think that gold is still money. Unless it cures corona, you are better off buying other assets. You can't do much with that piece of metal.
Not so sure about that. Gold is pretty heavy. Drop a large ingot on someone and they're not likely to give you any more trouble.
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