MTL_HABS1909
Active Member
I referred my wife last June and still had over 5000km as of a few days ago. Now they’re gone. But again, what’s the point of them expiring? It costs Tesla almost nothing. This looks bad....
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
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I referred my wife last June and still had over 5000km as of a few days ago. Now they’re gone. But again, what’s the point of them expiring? It costs Tesla almost nothing. This looks bad....
Darkfox021
Member
Yes, looks like my miles have disappeared. I expected this in December (my assumption was the original offer was 6 months).
That usually means it's time to sell, except to those of us who never sell.I have noticed a marked improvement in the mood of the contributors on this thread today ... go TSLA green
They are a liability that they have to carry on the books, which companies like to clear off. Also, the offer came with a clearly spelled out expiration. And it sounds like you got a 3.5+ month grace period already...
MTL_HABS1909
Active Member
Tesla in Montreal never told us they expired. If there is an expiry date, they really need to state it up front. I see a lot of people taking this badly. As a shareholder, I see this as more revenue which is good, but potential bad press. Oh well, another day as a TSLA investor...
@ReflexFunds gave a pretty good theory for that couple of months before. It is a self reinforcing process. It starts with some extensive call purchase activity combined with good news. The option market makers hedging becomes a self-reinforcing huge movement. I expect this sharp price increase might top out somewhere above 800 or more. I doubt an all time high, but I have no idea. Note to myself: Go out to the news stand and buy WSJadvance copies for a week in advance. You can offer extra for it. In case the newsstand is closed due to Corona virus this plan does not work.) It should be fun. (Note to myself: No need to watch the ticker. It will move without me.)
Why would they have to tell you? Referrals were all supposed to be done online and shouldn't have involved Tesla employees, and the referral rules were posted online. I know that they have made exceptions to the rules for some people and added the referral code after an order was placed, or when an order was placed by a Tesla employee, but they weren't supposed to. (Part of the reason for that was to prevent some of the fraud that was occurring.)
Edit: I do see that the person ordering with your referral link isn't given any indication that the miles expire, maybe that is on the referring person to share the rules with the people that they refer? Or does only one side of the bonus expire?
XHabjab
TSLA Bull
Artful Dodger
"Neko no me"
After-action Report: Tue, Apr 14, 2020: (Full-Day's Trading)
FINRA Short/Total Volume = 62.8% (54th Percentile rank Shorting)
FINRA Volume / Total NASDAQ Vol = 53.8% (60th Percentile rank FINRA Reporting)
Comment: "TANning whether?" ( TSLA+13.6% / AMZN+6.7% / NFLX+7.0% )
Read more about the After-hrs dip in my comment #155368.
VWAP: $621.06
Volume: 22,481,660
Traded: $13,962,405,288.16 ($13.96 B)
Closing SP / VWAP: 105.11%
(TSLA closed ABOVE today's Avg SP)
Volume: 22,481,660
Traded: $13,962,405,288.16 ($13.96 B)
Closing SP / VWAP: 105.11%
(TSLA closed ABOVE today's Avg SP)
FINRA Short/Total Volume = 62.8% (54th Percentile rank Shorting)
FINRA Volume / Total NASDAQ Vol = 53.8% (60th Percentile rank FINRA Reporting)
Comment: "TANning whether?" ( TSLA+13.6% / AMZN+6.7% / NFLX+7.0% )
Read more about the After-hrs dip in my comment #155368.
Last edited:
ByeByeJohnny
Active Member
I live on a different continent, don't own a Tesla and have not bought any car for 30 years and I knew Tesla referral miles are for 6 months.
This info can't be hidden that well.
I’m sorry, but I had to disagree based on the “listen to your wife” advice. I LOVE my wife, but we have very different investment philosophies. She would have sold our TSLA position long ago; me...I bought more recently at 630, 560 and 360.
This is true we wouldn't even have bought much if it was up to her...
But do you think I am going to tell her that?
Artful Dodger
"Neko no me"
Yeah, it's $1.2 Million bucks worth (vs SP @ $676):
Options can be executed After-hrs, upon instruction of the broker by the Options owner. This is a good move if TSLA's SP continues back to its fair value price (currently around $750 according to Wall.St)
Somebody's sorry they sold those Calls...
Mo City
Active Member
My wife is completely tuned out of investment decisions. I do much better without her knowing and questioning things.This is true we wouldn't even have bought much if it was up to her...
But do you think I am going to tell her that?
Agreed. Frankly I was surprised that my 5k I received we’re hanging around so long. I’m very happy that Tesla is doing everything they can to make it a profitable quarter. Now please discount basic AP and give me an AWD to P upgrade. lol
I guess I’ll have to purchase another Tesla with my code to get some free miles.
Monro is being a dick (that’s a technical term) in this video. He’s disappointed that the world’s cheapest EV SUV cross over isn’t using a brand new highly advanced wiring system that no other car in the world is using? And then he’s disappointed there isn’t vehicle to vehicle charging capability? Does anyone have that?
Obviously Monro isn’t looking to sell any of his reports to Tesla...
So the drop in the after hours we see quite often is actually not glitch, but call executions?
He is at most 'meh' . He should be analyzing toaster ovens, not Tesla. Now, he gradually takes stuff apart and states the obvious.
There are other ones, such as Ingineerix dude who provide much better analysis in terms of cutting edge tech that Tesla has been doing.
Munro is going to be always 17 cars behind. It is okay, but please don't over do it.
MTL_HABS1909
Active Member
Good for you I guess. Not everyone was aware...
Referral km's
Edit: I will stop posting about this here. Just brought it up because some people are unhappy and knowing TSLA, it may have an effect.
Honestly, this feels like a short squeeze but why all of a sudden now? I haven't seen any catalysts that would trigger one. TSLA is even more inscrutable in the Age of Corona. Study the blade, I guess. And don't doubt your vibe.
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