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

[Dr. J]

Minor headwind? Shouldn't be, but...
Outspoken Tesla chief Elon Musk faces $1 billion trial, test of temperament

 

[Artful Dodger]

What the hell is going on? Macros up, Model Y deliveries starting, TSLA down 5%?!?

Uh, let me guess without looking: SP is pennies off the Lower-BB?

Amiright?

 

[chrsk]

TBH why are stock markets even open right now? in a crisis...it doesnt seem like allowing rampant stock-trade panic hysteria helps anybody.

Well, cheap stocks for us

 

[lafrisbee]

I have a very capable imagination. But I can not imagine how this stock can be manipulated this strongly. Can someone provide some understanding?

 

[Lessmog]

Minor headwind? Shouldn't be, but...
Outspoken Tesla chief Elon Musk faces $1 billion trial, test of temperament

Did I see the same headline yesterday? Did not click it then either. Must be recycled fake news.
Or help us out and explain, please.

 

[jbcarioca]

Seriously. We would be better off if he just stayed on his golf course and spent time billing us for rooms.

Sorry I don't understand. Isn't that what he's doing except when he's tweeting new catastrophically stupid moves?

 

[EV Promoter]

Here trying to cacth the falling knife to re-enter in TSLA... what a difficult decision....
Thinking to re-enter in steps...

 

[jhm]

This isn't just coronavirus plus a long overdue correction, it's the death of fossil fuels. Global oil demand has likely peaked, 4 years earlier than expected due to coronavirus shock. Not a coincidence that TSLA rocketed then oil plunged.

I mention this not because it's an additional macro concern, but because it's WILDLY STIMULATIVE for the global economy. We're going to have ultra cheap fuel for an economy still running on oil, with a backdrop of trillions of dollars in renewable energy buildout.

Not to mention, ALL THAT MONEY that would traditionally flow back into fossil investments is now building up on the sidelines with nowhere to go. You know what you get from the once laughable Greek govt for parking your money there? Zero.

This cash will flow back into equities once coronavirus panic has passed in 2 weeks and the top landing spot will be TSLA. There is WAY too much money on the sidelines for this not to happen.

I think this is the deep story playing out. Coronavirus is revealing just how fragile demand for oil and gas are. An awful lot of wealth in the world is derived directly from fossil fuels (e.g. refining) or indirectly from its use (e.g. auto financing). The decline in fossil wealth will create a substantial restructuring of the global economy and geopolitical realities. For the most part, the market has been in denial about the end of the fossil age. The markets have traded on fantasies of BAU. But coronavirus reveals just how much the whole economy depends on dependable growth in demand for oil. It reveals our apocalyptic fears. It reveals just how deeply we cling to denial as a coping mechanism. If we are in this much denial about a virus, how much more pernicious is our collective denial of climate change? The economic and political order much change, must become more adaptable, but wealth and power are but manifestations of BAU. The market does not yet know how to make money in a post-carbon economy, and so it will pull money out of stocks and bonds until it has a clue.

Tesla is a clue.

 

[Mo City]

It is definitely going down to 500, there is a huge buy order of 62,261 shares at 500

A good time to buy would be at ~502.

 

[exLeaf]

buy buy buy!

did you?

 

[Chartered321]

This movement is typical of institutionals selling before sending out their downgrades. They missed the rally and now they're taking their revenge. I'm buying.

 

[Nocturnal]

Sorry I don't understand. Isn't that what he's doing except when he's tweeting new catastrophically stupid moves?

Yes exactly.

 

[ByeByeJohnny]

Can those lazy Californians wake up soon and start delivering some cars?

 

[Prunesquallor]

It is definitely going down to 500, there is a huge buy order of 62,261 shares at 500

Is THAT what this is all about?

 

[jerry33]

These short attacks are very very disturbing to me. There is absolutely now negative news on TSLA that warrants a 6% drop while the market is up. Blatant manipulation, when will this stop!

It won't, but fortunately, Tesla doesn't need the stock market at this time. Short term it's rough on the investors.

 

[Zero CO2]

TSLA longs .... nothing has changed in the 3-5 year view ...IMHO

oh wait yes it has TSLA loaded up on cash a few weeks back and it is becoming clearer that the legacy OEMs are now going to be fighting for their survival ...

 

[EV Promoter]

It is definitely going down to 500, there is a huge buy order of 62,261 shares at 500

Interesting, thanks

 

[mickificki]

did you?

nope, all out of cash...still holding on, not selling...

 

[JRP3]

Just bought back some of the shares I sold a few days ago.

 

[chrsk]

Interesting, thanks

Might trying to trigger some stop loss? I bet there is some around these levels, especially if they can push it bellow 500$