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

[Tslynk67]

https://www.emotionlesscapital.com/post/the-nikola-fyre-fest

A four-minute read, and I know way more than I want to about Nikola Motor...

From EmotionlessCapital:
"In a world full of ridiculous unicorns, Nikola might be one of the most insane stories we have seen in a long time."

Where's the "holy mother of god" button when you need it?

 

[Tslynk67]

Not to worry, I expect a calamitous plummet on Wednesday. OPEC is apparently not cooperating and demand is dead.

Last time this happened it pulled down the markets with it...

 

[HG Wells]

After a catnip appetizer, you wouldn’t care let alone notice the bacon wrapped rat kebabs.

I rather like the ratatouille.

 

[JohnnyEnglish]

Some interesting news on how the move to renewables is progressing in the UK:
No coal used for power generation for 2 months

The reference to gas also being in decline is relevant for Tesla as gas provides much of the 'peaker' generation which could be replaced with Megapack deployments or virtual power plant.

 

[CorneliusXX]

Professor Shirley Meng, one of the most respected engineers researching battery tech, seems to disagree with CATL's statements that the battery they developed with Tesla can be considered a million mile battery:

https://twitter.com/YingShirleyMen1/status/1270203469526261761

View attachment 549529

It sounds more like she wants confirmation rather than disagreement.

 

[Chocochip]

This quote doesn't necessarily mean the US is saturated. It could mean that Tesla is producing more than they anticipated at this time, and decided to cash in on more of the EU credits than they initially planned, and thus are expanding their distribution countries.

I think by "the West" @loco meant Western Europe. If the email quote is accurate, it could indicate that Tesla is struggling to empty its European (left-hand drive) inventory by the end of the month, and they'd rather ferry a batch of cars to an adjacent as-of-yet untapped market than have the cars sitting on the balance sheet in inventory for Q2.

 

[hobbes]

It sounds more like she wants confirmation rather than disagreement.

Sounds to me she is criticizing the low energy density, so there is a trade-off between that and the durability.

 

[Johann Koeber]

All eyes are on VW boss Diess. Apparently there have been fights among the board members.

But former Audi boss Rupert Stadler is going on trial for "fraud, indirect false certification and criminal advertising". He is charged with knowingly having sold manipulated cars.

Former VW boss Winterkorn might also have a trial in Braunschweig. The final decision has not been made.

Ex-Audi-Chef Stadler wird Prozess gemacht


My take:
Finally criminals are brought to justice. It is taking so long. The Stadler trial is expected to be completed in 2022.
I am very surprised that not many protest against VW, which was probably run by criminals.

 

[UncaNed]

Is there a link to Ron Baron online?

 

[Lbkmxp100d]

Is there a link to Ron Baron online?

It’s on CNBC so if you have way to watch that you will get interview

 

[Dharma]

Is there a link to Ron Baron online?

live audio

 

[TheTalkingMule]

Last time this happened it pulled down the markets with it...

As well it should. This exuberance is completely irrational. I expect oil and the legacy carmakers to tank into August as US oil fails en masse. There's no real way to bail them out or provide enough life support.

 

[ThisStockGood]

live audio

bummer... “this station is not avaiable in your country” - please summaries when broadcasted

 

[Unpilot]

In response to CNBC question.."should you sell and take profit?

Ron Baron " I would like to get more money to buy more Tesla"


"I think we will make 10X more in tesla in the next 4/5 years"

 

[EVMeister]

bummer... “this station is not avaiable in your country” - please summaries when broadcasted

Interesting. I can listen in the UK. Good old Brexit, ey?

 

[Singuy]

Where's the "holy mother of god" button when you need it?

I brushed Nikola off after the CEO said how he is one of the few people in the world who can out Elon with absolutely nothing to show for expect a bunch of aspirational ideas.

 

[willow_hiller]

Small milestone.

Elon once tweeted that Model Y would appear for referral rewards once production had exceeded preorders https://twitter.com/elonmusk/status/1238938566924763136

The Model Y appeared for referral awards this morning:

 

[EVMeister]

I brushed Nikola off after the CEO said how he is one of the few people in the world who can out Elon with absolutely nothing to show for expect a bunch of aspirational ideas.

The CEO of the company is actually Mark Russel (who?) Magic Milton is Executive Chairman - Nikola Corp | About.

 

[Dharma]

bummer... “this station is not avaiable in your country” - please summaries when broadcasted

He expects Tesla to 10x in next 10 years, SpaceX to 20x over same time frame. He didn't want to go on CNBC earlier because he felt his optimism could come across as insensitive given the current situations. First thing he learned in the business is to invest when times are bad, which is what he did during March. Mentioned a few tickers, Penn Gaming, Schwab, Tesla, SpaceX are the ones I remembered. There might have been a few others. Went into SpaceX more about their edge with reusable rockets and starlink. That's pretty much it.

 

[Sanny]

Honestly, this whole Nicola thing bothers me. I fear that when it goes bust all the media in the world will make parallels with Tesla (completely unjustified but who cares) and we will have to fight one more credibility crisis.