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

[Lbkmxp100d]

any news out? we are up $9 ah. I don't see any news but maybe someone covering short.

 

[Causalien]

How long can SA survive with oil at this price. MBS could be more concerned about regime change than defaulting.

LOL, I was talking about Mortgage Backed Securities, but you brought up a good point. The oil war will actually bring about the demise of SA even faster. But it will take years. I believe it will be the next black swan event, but not today. I didn't think I'd see the fall of SA in my life time, but now there's a chance.

 

[Causalien]

Personally I think it's because a lot of folks aren't at their desks looking at their screens at work...

Did all the paid trolls get laid off?

 

[vikings123]

any news out? we are up $9 ah. I don't see any news but maybe someone covering short.

Shorts getting margin called is my guess. It is up 14$ now. Next week should be fun.

 

[Cherry Wine]

Personally I think it's because a lot of folks aren't at their desks looking at their screens at work...

I just don't have time to read / post here anymore. The departure of some prominent posters also makes the exercise less compelling, admittedly. (I don't entirely blame the mods; the posters in question chose to react the way they did -- a bit childish imo, but that is neither here nor there I suppose...)

 

[JusRelax]

We're up $24 now... index futures are barely up... very interesting indeed:

 

[Mo City]

There's an earnings call this month (4/22) where they'll have to share some real guidance on production and sales. That will offer investors some transparency. I don't want to be holding a Tesla position on that day.

The stock ended at $573 today... I'll send myself a reminder to check on 4/23 to see how accurate I am. I hope I'm wrong!

I was very doubtful about first quarter deliveries late last week and my strong gut feeling was the numbers would be much worse than expected. We all know how that turned out.

IMO, the COVID-19 outlook is the most important factor on where TSLA stands on the 23rd. COVID-19 is the one and only thing that prevents $573 from being a permanent distant memory.

 

[wipster]

We're up $24 now... index futures are barely up... very interesting indeed:

View attachment 530891

Damn... did somebody slip some Viagra to TSLA AH? Something good must have happened. Shame we're going to have to wait 3 days to see how this rolls out. Then again, if it lasts longer than 4 hours...

 

[dc_h]

I’ll post my loser, I didn’t buy April 17 625 calls for $7.20 this morning. Figured I’d let time value eat up some value and buy next week.i did sell some calls that expired worthless, which I’ll use to buy more stock or look for occasional high risk call buys. I’m generally a buy and holder, but have sold calls lately while we move sideways. Glad to have no open covered calls now.

 

[deffu]

We're up $24 now... index futures are barely up... very interesting indeed:

View attachment 530891

Tesla’s EV advantage is greater post-COVID-19, says analyst

 

[Nocturnal]

Oh Adam J you crazy knuckle head you.

I wish I had that cash a few weeks back to buy more than 1 $550 1/15/21 call. That one is going to pay off really well I expect.

Damn... did somebody slip some Viagra to TSLA AH? Something good must have happened. Shame we're going to have to wait 3 days to see how this rolls out. Then again, if it lasts longer than 4 hours...

Jonas' comment and the Chinese sales news sinking in.

 

[LJS22]

I’ll post my loser, I didn’t buy April 17 625 calls for $7.20 this morning. Figured I’d let time value eat up some value and buy next week.i did sell some calls that expired worthless, which I’ll use to buy more stock or look for occasional high risk call buys. I’m generally a buy and holder, but have sold calls lately while we move sideways. Glad to have no open covered calls now.

Tesla stock holders are spoiled if they consider a +100 week going sideways haha

 

[Nocturnal]

I just don't have time to read / post here anymore. The departure of some prominent posters also makes the exercise less compelling, admittedly. (I don't entirely blame the mods; the posters in question chose to react the way they did -- a bit childish imo, but that is neither here nor there I suppose...)

Same here. Paradoxically, working from home has given me less time to goof off and read about Tesla.

 

[Mo City]

Tesla’s EV advantage is greater post-COVID-19, says analyst

If that's all it is, this bounce will be near zero in short order.

 

[ckessel]

I’ll post my loser, I didn’t buy April 17 625 calls for $7.20 this morning. Figured I’d let time value eat up some value and buy next week.i did sell some calls that expired worthless, which I’ll use to buy more stock or look for occasional high risk call buys. I’m generally a buy and holder, but have sold calls lately while we move sideways. Glad to have no open covered calls now.

Yep, sold 515 calls for $15 when the stock was around 505 on Monday. I certainly did not expect this much movement in a week where we had already seen delivery numbers and the world is in a COVID holding pattern.

On the bright side. I got out at $595 a while back, bought back in at $445 and have sold weekly calls 3 times since. So, while the sold call this week has bitten me hard, as a whole I'm still better off than if I'd just held the entire time. We'll see if that's still true at the opening bell on Monday...

In the future, I think I'll sell my calls then take 1/2 that and buy calls farther out so I can still catch big upswings, make money on flat weeks, and have a fairly small loss if it hits that magic point in between.

 

[vikings123]

Tesla’s EV advantage is greater post-COVID-19, says analyst

This cannot be the reason, remember reading that quote somewhere premarket.

 

[MP3Mike]

The longer countries around the world have lockdowns, the more people in cities will get a glimpse of how much cleaner (and incidentally healthier) the city air is with fossil-fuel belching ICE cars.
That can only be good for Tesla.

Yep: Venson Automotive Solutions :

45% of people surveyed by Venson confirmed that the radical improvement on air pollution across the globe as a result of the demobilisation of transport, has made them reconsider their electric vehicle (EV) ownership plans. A further 17% said it reaffirmed the decision they had already made to make the switch to an EV.

 

[bpjod]

File this under N.S.S.:

"Palihapitiya: US shouldn't bail out hedge funds, billionaires during coronavirus pandemic"

Thanks for posting. Chamath is probably my favourite guest on CNBC. Here's a link to the whole 34 minutes rather than simply the last 3 minutes. It's someone's recording of their phone so a number of annoying notifications pop up, but it's the only instance of the whole interview that I could find.

 

[PeterJA]

This is good information and something that I think Wall Street doesn't get when they see the headline numbers thrown around. Our local restaurants (like many, I imagine) were probably running on razor thin margins, basically living hand to mouth to buy food, turn it into meals, pay their employees, rinse and repeat. How is a loan going to help them through this? Yes, the interest rate is cheap, but it's not "free money" - it's going to need to be paid back, which is going to further cut into their cashflow. Add in the hurdles of just filling out the paperwork and eventually getting the money, I suspect many small businesses are going to throw in the towel, which could have severe ripple effects down the line.

I hope I'm wrong and we do get a v-shaped recovery, but as other's have said, the overall market REALLY seems like it's gotten ahead of itself here. Our PA Governor just announced school closure for this academic year, see you in September. That's going to kill worker productivity even for privileged, thankful, and lucky white-collar WFH workers like me and my wife who are now also full-time school teachers for the next 9 weeks.

All this talk about "restart the economy on 5/4" (including the Tesla factories) seems wildly optimistic and if the market is banking on this proposition, it may be sorely disappointed when the stay-at-home orders are extended well into June.

I'm not selling a thing, but I am looking to buy if we make new lows on the year.

Actually, it is free money if used to retain or hire back employees, according to the NY Times.

The paycheck protection program is a forgivable loan intended to pay for eight weeks of a business’s payroll costs, so the company can retain workers or hire back those it has already laid off.

The government has also expanded the existing economic injury disaster loan program, which offers low-interest loans to cover most business expenses. A portion of those loans do not have to be paid back.

F.A.Q. on Coronavirus Relief for Small Businesses, Freelancers and More

I agree with the pessimists about the red tape and corruption that are likely with the stimulus programs. But I think the pessimists are underestimating the forces that want the economy back on track. Very big players want their profits and stock values back. They are gonna make it happen, IMO.

 

[ZachF]

Again missing the point. F and GM are on a significant sales downtrend with a likelihood of bankruptcy in the medium term future, while Tesla continues to grow massively. Anyone who thinks $940 was a flash in the pan should not be invested in this stock as they clearly cannot project into the future. All this to say that picking random dates to justify F and GM rebounding much faster than TSLA is laughable.

For a total reversal, I wouldn't be surprised if Tesla is soon the world's only profitable auto manufacturer....