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

[woodisgood]

So the rule of thumb is that whenever you become nauseous and pukey with an overwhelming urge to sell and be done with the devil's lair known as WS you are to buy more, but so far it has only resulted in continuous vomiting for me.

Ah yes, catching the proverbial falling puke.

 

[RED MDL3]

Anyone else on here get an invite for Battery Day? I seemed to have won the drawing...responded with a copy of my ID/license as they asked about a week ago but have not heard anything since...if anyone else on here also is going then:

I’m in same situation as you: got the invite and sent my ID. Got email auto-response but nothing more.
Hopefully we’ll get confirmation and details a few days ahead.

 

[dakh]

Color me confused because if I'm not mistaken the post you made that I responded to said that you could see the stock being in the 250 to 500 range for a couple years.

How does this link support your statement?

The current TSLA price action supports my statement. None of the info in that link is some kind of huge revelation. Everybody knows those numbers. Yet, we're at 342 not 600. Like everybody knew similar numbers 2 years ago. Yet the price was what it was.

 

[Tslynk67]

My apologies in advance if this turns into a slugfest, but can anyone make sense of the latest threat from Trump toward companies doing business in China? Why is he crashing the market just before election?

He knows he has lost, scorched-Earth policy? Come to think of it, that has been going on the last 3.5 years...

 

[Mokuzai]

Anyone else on here get an invite for Battery Day? I seemed to have won the drawing...responded with a copy of my ID/license as they asked about a week ago but have not heard anything since...if anyone else on here also is going then:
1)did you get anything back yet (e.g. instructions for how to sign in at the address on Page Ave, where to park, etc.)
and
2)happy to meet up there (in a socially distanced manner/guidelines Tesla has) to chat

Feel free to PM me too if you'd prefer vs. responding on this forum

To the rest on here, I will be happy give my impressions of being there on here if no one else is doing that

I got the invite, submitted ID and heard nothing since. Others are saying they got an auto-reply from the inbox saying it’s only being monitored for invite responses.

A bunch of people are putting together a before/after thing and organizing it in Slack. Don’t need an invite to the meeting to be a part of this discussion.

Create Account

 

[Runarbt]

Have 5 billion more than last week.

Or a comment on GM+Nikola:

Found a longer explanation on twitter (@montanaseptic):

"It means that people have to manage with limited resources when the conditions are not favorable. It includes for example accepting a lack of comfort when one is used to nicer facilities, as it would happen in times of war.."

 

[StarFoxisDown!]

Yep, but you have to keep some of the "market doesn't get Tesla" discount. I think some of it used to be fair since uncertainty of execution was very high. Now Tesla seems "on rails" and will just fast-iterate the rest of the industry into oblivion. But that's in nobody's PT calculation yet. You could also argue this doesn't consider autopilot or energy. If either of those emerge as a quantifiable revenue stream, PT will need to be revised up. And will likely cause a breakout.

I think what I was mainly asking about was your thought of being under 500 for the next couple od years. As someone pointed out, Gary's PT is for the next 6-12 months and I think his growth predictions are still too cautious. His PT will likely be much high in 6 months. I would caution anyone making trades and allocations based on thinking the stock is going to trade in a range for an extended period of time(more than 1-2 quarters) because you risk being left behind

 

[StarFoxisDown!]

The current TSLA price action supports my statement. None of the info in that link is some kind of huge revelation. Everybody knows those numbers. Yet, we're at 342 not 600. Like everybody knew similar numbers 2 years ago. Yet the price was what it was.

We're at 342 because Tesla stock has turned into a casino with people gambling. Fundamentals around the company's value will present themselves again in 3 weeks when Q3 numbers are out

 

[TheTalkingMule]

Awfully modest volume today for an 18% drop in SP. We're already 13% above average, but this is the Tuesday after Labor Day and slightly heavier than summer volume was to be expected even on no news.

 

[Tslynk67]

Anybody else seeing/hearing stuff about Tesla selling Fremont Model Ys in Europe in Q4? I know that's not what they've said in the past, but Tesla is extremely agile.

Why would they do that if they can sell every one they can make in North America?

 

[TheTalkingMule]

We're at 342 because Tesla stock has turned into a casino with people gambling. Fundamentals around the company's value with present themselves again in 3 weeks when Q3 numbers are out

There's nothing wrong with "gambling" on S&P inclusion IMO. It's a perfectly understandable event where shares must be purchased. Believing the SP is going to go up due to lack of available shares is sound fundamental market thinking.

The casino feel is at least half caused by small retail investors who want to invest in Tesla regardless of price. We can call that foolish, but it's not really gambling. Nikola on the other hand......

 

[Compton]

Model S and X wait times have also been updated to 10-14 weeks in North America.

 

[mickle]

Anybody else seeing/hearing stuff about Tesla selling Fremont Model Ys in Europe in Q4? I know that's not what they've said in the past, but Tesla is extremely agile.

If they ever start shipping Y's out of North America, it is more likely they would start shipping them to Korea or Australia than Europe. Better to just wait for the German factory to get running before selling any in Europe.

 

[StarFoxisDown!]

There's nothing wrong with "gambling" on S&P inclusion IMO. It's a perfectly understandable event where shares must be purchased. Believing the SP is going to go up due to lack of available shares is sound fundamental market thinking.

The casino feel is at least half caused by small retail investors who want to invest in Tesla regardless of price. We can call that foolish, but it's not really gambling. Nikola on the other hand......

True, I have never had an issue with the run up in the share price because I've always been very confident that Q3 and Q4 fundamentals will offer solid support between $2,000-2,500. We just haven't gotten to that catalyst yet so any given snapshot of the value of the company doesn't mean anything. The stock could be at 300, 342, or 400 and I don't think it will matter at all when Q3 P/D and then Q3 earnings come out.

I still firmly believe Q3 will give a solid floor of 400 and Q4 will give a solid floor of 500. Stock could go higher than those levels thats just gravy

 

[Curt Renz]

CNBC Video - earlier this hour: Why Baillie Gifford remains 'very optimistic' about Tesla's future

 

[Christine69420]

The war against whom or what?

Shorts?
Climate?
Indexes?
Human extinction?
OEMs?

 

[Fred42]

I'm still confused as to what GM is gaining from this deal. Is a drawing of the badger worth 2 billion?
I don't see any other explanation. Why risk downside unless you were super confident in near term upside?

Spreading EV development costs over more vehicles lowers their unit cost for GM brand EV's.

 

[Joesantelli]

This sell off is just getting steeper danm

 

[Joesantelli]

19% is just ridiculous I'm glad I sold a bit at the top wish I sold more and bought back for half the price..

 

[Chunky Jr.]

If GM is doing all the work, what value does Nikola bring to the table? The renderings?

Nikola is more like a company building a PC clone by outsourcing everything, while Tesla is more like Apple taking advantage of vertical integration. I don't see how anyone can compare Tesla and Nikola.