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

[buttershrimp]

Yep, someone post updates in real time!

 

[Maxstorz]

Thanks for the real time updates live feed!

 

[buttershrimp]

I'm hoping for a 100 PT for Elon.... followed by a rage rally.... he seems to be at his best when everyone doubts him and a steady stream of FUD is spewing.

 

[AimStellar]

ARK to publish updated TSLA price target within next two weeks, “hopefully this weekend.”

 

[M|S|W]

 

[Chunky Jr.]

If this collapse was Tesla specific, I'd be more worried, but since it is sector wide, it just seems like a colossal market overreaction

 

[EVDRVN]

I'm hoping for a 100 PT for Elon.... followed by a rage rally.... he seems to be at his best when everyone doubts him and a steady stream of FUD is spewing.

He just announced he's moving to Portugal.

 

[MXWing]

Did Cathie Wood just say:
"No one else has designed their own *sugar*?" (in respect to AI chips, being 4 years ahead of NVDA back at the time)

 

[asburgers]

Cathie on CNBC recap:
- Does not think rates are the reason for the dip: Market never priced in 0.5 or 1.5 rates; over time has been normalized to 3 to 5%
- Investors used to low rates, have shaken investors; a bit of confusion and paralysis + rapid rotation into value
- Bond market has been in a 40 year bull market
- Perspective: This happened in Q4 2016 after Trump was elected; market priced in a strong cycle (ARK strategies went negative)
- Believes bull market broadening out to incorporate value sectors - she believes this is better than market narrowing
- Bull market is strengthening and will play in ARK's favor over long term
- Regarding TSLA: Publish new forecast within 1-2 weeks; confidence has gone up for 2 reasons (1 - did not lose market share of EV although will lose share as more vehicles come out, share is not 80% in US market and over 20% world wide; 2- autonomous FSD beta offering over the weekend was massive and much higher demand than analysts expect therefore price targets up)
- Self driving tech: TSLA has been staging autonomous very differently than other companies (national strategy vs market-by-market for WAYMO, etc). This is misunderstood.
- Comparison to AMZN's 9 year flat share price in the 90's is not the same as the market was not ready for the technology (ie. internet was not widespread); and AMZN did not show substantial profitability while TSLA has already passed through that phase (leading on battery tech, AI, cost is lower, in-house chip design like AAPL).
- Largest pool of data is going to win AI game
- This is TSLA's market to lose - we're not in the tech/telecom bust

*end part 1*

 

[Maxstorz]

Was wondering why chat died, guess it would have helped to hit refresh. Welcome back all.

The chat live feed was 90% of investing roundtable

 

[Words of HABIT]

Just trying to make sense out of the +30% drop in TSLA.
-Most everyone upgraded their tech equipment in 1999 for fear of Y2K bug causing tech boom in 1999 and bust in 2000.
-Most everyone upgraded their tech equipment in 2020 due to Covid causing tech boom in 2020, are we now seeing the bust in 2021?
-Rotation out of tech growth into value stocks which are surging due to rising interest and rising bond rates, still at historically low rates.
-EV startups riding Tesla's coat tails have been significantly over valued (NIO, Lucid, XPeng...), their pullback pushing down TSLA.
-Bellweather tech Apple falling (refer to 2nd point) pushing down tech heavy Nasdaq and TSLA.
Tesla still executing 5 year and 10 year plan very well. Tesla has already won, however short term headwinds will remain for TSLA until GF Berlin and GF Texas execute on production ramp up late 2021 and early 2022. This is when Tesla and TSLA will really pull away from the crowded EV wannabies while the competion flounders. Patience will be rewarded and HODLers will be tested if not already.

 

[lascavarian]

Where can we watch live?

On CNBC now.

 

[RobStark]

Huh, it looks like the counts for all previous likes, informational, etc have been wiped out

Just like all my hard earned lime green reputation rectangles were wiped out last time.

 

[asburgers]

Cathie on CNBC Part 2:

- Bitcoin: Low correlation vs most asset; highest correlation is with real estate
- Bitcoin will behave more like the fixed income market (side note: Gary is grouchy about this comparison on twitter)
- Fintech: Believes that two of the biggest sectors that will be disrupted will be energy and financial services
- Future will have 2 or 3 megabanks
- Long term, there will be carnage in financial services and energy - short term is ok

- Nothing has changed in ARK's long term projections
- Rate of return has changed from min 15% to 25% per year over 5 years
- Most underappreciated stock in the portfolio: NVTA (will be leader in molecular diagnostics)

 

[Tslynk67]

To change the theme to dark or light, you need to go to Preferences under your account name popup

Would be nice if it flipped at sunset, but it's a start - better for sneaky reading the forum in bed while the missus is asleep

 

[Yoona]

This upgrade is AMAZINGLY beautiful, especially in dark mode. Thank you, techies!!!

Everyone: RELAX. TSLA was $109 exactly a year ago. We're still 400% up.

 

[RobStark]

Mary Musk?

 

[phantasms]

So QQQ didn't close at that ~311 area. What does that mean? Doomed for the week?

 

[StarFoxisDown!]

Hmmm TSLA got back to about a 2X multiple of the macros.......do I smell a bit of strength there?

Or am I just that desperate for some positive signs and the stock just rolls over tomorrow like it's done every time it show any bit of strength????

 

[nwdiver]