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

[Big Time]

YES

 

[MABMAB]

 

[M|S|M MYP]

I remember the days like this when $TSLA went up this much pre-split...my macros at work would plummet....nothing's changed as far as the work macros plummeting today

 

[S3XY]

Nah, it's NKLA and BRK in a stock-only merger. I hear the new ticker symbol will be NARK.

/s

Cheers!

And a close second was BLA.

 

[SO16]

No we are all terrible financial advisors. "In Elon We Trust" is not some kind of financial advice I would expect from a professional. It's easy to look back today and think we were all geniuses but there were some real crazy blind faith risks over most of Tesla's entire business model people here took on. Lets not forget there was a time Tesla looked to be not investable grade even for someone like me. When Elon's team couldn't ramp the Model 3 and then said something along the line of "we don't know what we are doing since we never done it before"..I was sure not in a hurry to put my money into this company. Only when they actually ramp the Model 3 to 3-4k/week did it give me the confidence while no demand FUD helped me buy in at 5 year lows.

It took 5 years for Tesla to break out. Most people I know who doesn't have a lot of FU money sitting around would not have the patience for those 5 years of crazy volatility with barely any returns.

It’s not blind faith in Elon that kept me invested for all these years. It’s understanding/evaluating the product, the company and having a clue on what the future will bring as well as able to see how difficult it will be for legacy auto to shed their past. Even during the dark days of Tesla, it was mainly due to FUD that we knew was false.

And I’m also not talking about people wanting short term gratification. If people want that, go to a casino. Tesla is the LONG game.

 

[TheTalkingMule]

Looking for $6 today and keeping my last one til Friday open. Call me an optimist

Edit: $6 filled @ 1:05

AAAAnnnd 16 minutes later we're at $8.25

If you guys wanna sign up for my investing class, let me know.

 

[UnknownSoldier]

MAXQ is before 1st stage separation, FYI.

Haha, you can tell how closely I listen to the commentary during SpaceX launches

 

[Rockster]

Days like today make it very difficult for me to focus on my real job. Retirement is on my radar and every day like today pushes me closer and closer.

 

[M|S|M MYP]

When?

Right after $699.... .... This is a good time for all us HODL'ers....i remember like it was just yesterday that $TSLA hit $308 in AH. Had added some at $345 and then $320 and then...ran out of powder.

 

[EVortex]

It’s not blind faith in Elon that kept me invested for all these years. It’s understanding/evaluating the product, the company and having a clue on what the future will bring as well as able to see how difficult it will be for legacy auto to shed their past.

And I’m also not talking about people wanting short term gratification. If people want that, go to a casino.

Without vision there is no mission. Elon’s vision of what Tesla will be and his execution in making it happen are beyond amazing.

 

[lafrisbee]

Sorry, I am too jacked into the financial markets that everything I say just seems obvious to me. So I do not understand when someone do not understand the specifics. Like.... which part?

I got that. Just as the Bank Manger understands quarterly interest and a 10 yr old is just thinking he is stealing from the bank.

 

[Drax7]

If I’m wrong it will work out better for me financially.

If I’m right I get to hold on to my extremely cynical and conspiratorial view of the market.

Win-win

is it true we all live in quiet desperation

 

[cusetownusa]

So, fun fact -- i've now made about a million more dollars from Tesla stock since the last time my financial advisor begged me to sell it (September).

Sounds like your financial advisor should hire you to be his financial advisor.

 

[tezzla]

Days like today make it very difficult for me to focus on my real job. Retirement is on my radar and every day like today pushes me closer and closer.

I retired last year and moved 100% of my 401k into Tesla, now I look forward to weekdays just to watch the SP.

 

[SO16]

Without vision there is no mission. Elon’s vision of what Tesla will be and his execution in making it happen are beyond amazing.

Oh I agree. It’s not that I’m discounting what Elon has done. Quite the contrary. He has done amazing work. But it took me to really appreciate the product before investing.

 

[lafrisbee]

It seems to me that a great many financial advisors are essentially just following a bunch of simple rules, and that they tend to not understand investing at a deep level. Some advisors, undoubtedly, are truly good. My rule of thumb is that any great, experienced advisor should be wealthy enough to retire if they choose, and they should be willing to talk about their own experience. Such an advisor should listen carefully, with an open mind, if a client explains their rationale for wanting to hold an out-sized position in TSLA. My opinion is that a good advisor might not necessarily be a "financial advisor" - they might be a respected, close friend or professional contact. We don't use a "financial advisor".

I could write paragraphs about what you wrote had me considering that Financial Advisors seem like Catholic Priests in the investment world.

 

[juanmedina]

what is the SP target for Friday?

 

[capster]

Copy Cat. GM to offer insurance based on driving.
GM to offer auto insurance that uses data from connected vehicles to price rates — CNBC

 

[Right_Said_Fred]

I’m looking forward to a thorough analysis by Rob Maurer of what to expect in the coming 25 trading days. His insights have been very helpful in the past.

I hope he can shed some light on how much demand for shares we can expect.

I personally think we may see up to 8 million shares on average per trading day being taken out of the market until 21 December: 5 million for the S&P 500 index funds, 1-2 million for funds shadowing these index funds, 1 million for shorts covering (I believe the number of 46 million shares shorted can halve if we go to 600+), and 0,5-1 million for MMs covering for call buying by private investors.

 

[Robocop]

As we approach a ATH. Does anybody remember the after-hours ATH from end of August? I believe we briefly touched $530, then a big Sep drop. Official ATH is $502 but wasn't sure how to google for distant after hours charts.