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

[ninpb]

https://phys.org/news/2020-09-small-self-organizing-autonomous-vehicles-significantly.html

Summary: we don't need 100% autonomy to fix traffic. Just 5% clustered AVs can dramatically improve flow provided they act as flow leaders.

I chuckled at the thought of trying to hold back a coal roller but I am very hopeful about the 5% part.

How can people be against any type innovation that attempts to improve life especially traffic. We need FSD to succeed! Better if this is all done in a few months before I have to start getting back on the freeway please.

 

[Ericna]

I just sold a $500 put for Friday for $38 for my weekly casino play. Happy to add another 100 shares at $462 if it doesn’t work out.

Damn, and just after he made a few million from the calls he bought. RIP Jack.

If I know him he had all his stock positions that needed to be dealt with closed down and settled. I bet he left his wife with TSLA shares yet though! Great guy...

 

[mikevbf]

I know this info was in an earlier post, but I think it worth another link to different writer. This is BIG. Tesla becoming a utility is going after a bigger market than auto:
Tesla tests the circuits for German energy market push

 

[Spacep0d]

I seem to remember from philosophy class that theories can not be definitely proved, only falsified. So every concept remains a theory for ever. Karl Popper, I think.

A law is a theory established by clear observations, such as the law of gravity (and there's gravitational theory too).

A theory will generally have grounds for falsification and testable conditions via peer-review. Cold Fusion was falsified in this fashion. Theories without grounds for falsifications are suspect, and might be better described as groundless assertions or constructs.

Biologist J.B.S. Haldane was asked what could destroy his confidence in evolution, and his famously-quoted quip was, "Fossil rabbits in the Precambrian".

Evolutionary Biologist Jerry Coyne also makes a good case that absence of evidence which *should* be there can be counted as evidence of absence. When proving that humans landed on the moon, there are many ways to do this and many sources of evidence to corroborate the claim. One can refer to the laser reflector placed by an astronaut from one of the six manned missions to the moon.

If one is to believe that someone placed the reflector, it should bounce a laser back to Earth when tested, and it does exactly that (every day, as it happens). It's testable. So, if the claim is that a laser reflector was placed but nobody can test it, this contributes to falsification of the claim. Peer-review can corroborate the claim as independent agencies are able to bounce lasers off the reflector and receive a signal.

Bottom line is that theories require grounds for falsification, so they can in fact be falsified (assuming they make it to 'theory'), as a valid scientific theory should enjoy widespread assent and consensus after many attempt to falsify it.

 

[jpsgoneev]

Well I bought at 488 and 484. Got one limit order for a lower amount. I'm gonna grit my teeth and hang in there! New investor nerves!

Been there, done that. Live and learn.
In a few months, the difference will seem insignificant.

 

[dl003]

Well I bought at 488 and 484. Got one limit order for a lower amount. I'm gonna grit my teeth and hang in there! New investor nerves!

I feel for you. In 10 years you'll be looking back, having made only 938% on your money instead of the full 1000%. What a tragedy!

 

[M|S|M MYP]

Never thought id be so happy to see $450 today .....

 

[Krugerrand]

Bloomberg - hour ago: Germany Promises Elon Musk Whatever He Needs For Tesla Berlin Plant

Excerpt:

Germany’s economy minister promised Elon Musk the government will help in whatever way needed to get Tesla Inc.’s Berlin plant up and running as soon as possible.

“We are very proud of your car plant in Brandenburg and we wish you good luck with that,” Peter Altmaier told Musk at a meeting of Angela Merkel’s caucus group in Berlin. “You’ll have every assistance you need.”

Yes, I found that funny. Like, what else are they going to say to his face?

Elon, buddy, we’re going to drag our feet and make life as difficult as possible so a) we can look like monkeys and footballs on the world stage, and b) watch our car mfging pride get trampled by Americans when we have a chance to save ourselves from the embarrassment and economic destruction.

When you find yourself between a rock and hard place, you channel your inner Andy Dufresne and start chipping away. (Shawshank Redemption)

 

[Singuy]

My biggest question is how are revenue free EV stocks less volatile than tesla? They should track Tesla at 2-3x, not 0.5 to 0.25x. Almost feels like Tesla is the speculative stock here.

 

[Spacep0d]

I feel for you, only making 938% on your money instead of the full 1000%. What a tragedy!

Jon Snow, could you expound? I bought post-split. What is this 938% figure?

 

[corduroy]

Today's chart

 

[dl003]

Jon Snow, could you expound? I bought post-split. What is this 938% figure?

In 10 year when you look back at today, you'll have missed out on 62% of gain...out of 1000.

 

[Joe F]

That's it. I'm never gonna eat spicy food for dinner on a weeknight again! Stomach pains kept me up all night, and barely had 3.5 hours sleep broken up over 7 hours.

I thought it would be a slow day, and decided to take a nap as I just couldn't keep my eyes open any longer.

I. Slept. Through. The. Dip.

I pulled a @wipster

 

[mikevbf]

And if you are wondering if the S&P is taking Tesla's energy business into account:
Tesla's market cap eclipses largest US energy companies, global automakers

 

[floydboy]

I wouldn't be surprised if VW or similar try to buy Lucid as it has all the tech WV are sorely missing. Not sure if the Saudi's would want to sell though.

I also think the Saudi's wouldn't want to part with Lucid. My feeling is that they'll want to turn Lucid into the 'Bentley' of electrics and that they may be willing to burn a lot of money to do it. Especially if it means undoing Tesla's past rejection and outdoing them in specs.

 

[S3XY]

Are they essentially reversing the order of your transactions since they both occurred the same day? So, as far as the IRS is concerned, you bought some shares and then sold them instead of selling some shares and then buying them?

That seems fishy, but I guess it's doable depending on the time accuracy of what's being reported.

That is my understanding of the situation. But if you think about it, your tax return is only granular down to the date. You don't have to disclose the time of day of each transaction.

 

[woodisgood]

And if you are wondering if the S&P is taking Tesla's energy business into account:
Tesla's market cap eclipses largest US energy companies, global automakers

I honestly didn’t know what to make of that tweet.

It called attention to TSLA, and was either saying “Look at how ridiculous this is, how could we possibly add this bubble stock?!”
or “What an amazing company that we look forward to adding to our index shortly.”

 

[M|S|M MYP]

I honestly didn’t know what to make of that tweet.

It called attention to TSLA, and was either saying “Look at how ridiculous this is, how could we possibly add this bubble stock?!”
or “What an amazing company that we look forward to adding to our index shortly.”

Read on the twitterverse last night and made me laugh:

"This just in...Tesla will meet tomorrow to discuss if they will allow the S&P committee to join them"

 

[Singuy]

I actually feel for them -- and anyone else looking to get in on the EV market.

Tesla started at the high end in order to fund the low end. For anyone else to enter seriously they are looking at the high, mid and low ends.

low end: this just isn't going to work well as -- even after getting everything spun up -- profit margins will necessarily be slim and at the beginning there will be a lot of money spent without any return until after fully up for years.

mid range: while not as tight as trying to enter at the low end it still has costs and facing stiff competition from Tesla's offering. Outdoing ICE is quite possible, but new entrants will still have an uphill battle and legacy makers have the weight of sunk costs working against them.

high end: while it is relatively easy to outperform ICE in this realm, shooting for any titles is tough because Tesla was not content with having made the starter money on the high end and has kept pushing the limits. Musk obviously likes high performance and whether it is plaid model S or the new roadster it will be hard to keep any title, no matter how narrowly focused it is (nurburgring, best quarter mile, whatever).

You can't do low end since you can't secure enough batteries or parts. Just like when Tesla started, lucid will get third rated bottomed tier supplier support because people are like who the F are they? No supplier will give them too much thought as bankruptcy is real and you have Volkswagen pounding at the door wanting batteries.

Tesla's stock price instantly made people forget just how difficult it is for new car companies, and then add a 3x multiplier for being a new EV car company.

 

[mikevbf]

I honestly didn’t know what to make of that tweet.

It called attention to TSLA, and was either saying “Look at how ridiculous this is, how could we possibly add this bubble stock?!”
or “What an amazing company that we look forward to adding to our index shortly.”

Who do you think is Tesla's biggest competitor in renewable energy generation and/or distribution globally? (more interested in the and companies)