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

[2daMoon]

So, TSLA, what can you do for an encore on Tuesday?

 

[GrandEnigma]

Here I step away for an hour and we drop $20, what happened? Hertz return the cars?

 

[amolina]

This is trading like a penny stock. Cannot believe. I am stunned.

We could drop 30 points in a heartbeat and still be up 100 on the day.

Global Capitulation?

More like a from the crypto markets. Dayum!!! Love it. Congrats to all. I stopped trading options a few months ago, since IV is down so much. But my HODL position is printing. Hell yes

 

[saniflash]

converted all my DITM LEAPS into common stock between ~1,030 and 1,045...20% more shares now than if I had held straight stock for the same time.

 

[⚡️ELECTROMAN⚡️]

I’ve been driving all morning through southern Cali on my way back home. Did I miss anything?

 

[Unpilot]

I’ve been driving all morning through southern Cali on my way back home. Did I miss anything?

Not really....the simulation just corrected for an error.

 

[goinfraftw]

*cough**ahem*

Wheeeeeeeeee

 

[Singuy]

I'd like to know how many packs are they selling for a little context here?

If only we can get some Say.com people ask questions about this product and their margins. But no one seems to care about energy.

 

[Krugerrand]

What, you bought new underwear?
Someone I used to work with (don't any more) explained how they can each be used four times: back-to-front, and inside-out.
Pro tip. But as mentioned, we are not close now. Maybe just as well.

I have not (but they’re still in good enough condition that should I end up in a hospital and need them cut off I will be upset - which I have had happen and it was a perfectly good pair of underwear!!!) and continue to be admonished by friends/acquaintances that I can afford not to dress like a hobo.

 

[2daMoon]

Tower: TSLA, what is your altitude?

TSLA: Yeah, we're cruising at 75 points above the Upper Bollinger Band.

 

[Pezpunk]

forgive me Elon for i have sinned. Actually sold a bit today, at 1,800% profit.

The hard part is figuring out what the heck to put that pile of cash into if not Tesla.

 

[Boomer19]

who’d have guessed $1,030 was the “sorry, there’s no way we’re letting you through” line in the sand today

 

[StarFoxisDown!]

\

who’d have guessed $1,030 was the “sorry, there’s no way we’re letting you through” line in the sand today

It's pretty amazing how stable the stock/chart has been today. To me that's just as impressive as the % gain.

 

[jhm]

I have Bloomberg TV on in the background. Their coverage consists of a lady saying it's ridiculous that Tesla is worth more than Facebook. Lol

On the online print side, their big Tesla headline....

Tesla Is the First Junk-Rated Company to Get a $1 Trillion Valuation​

We junk and proud!

 

[jbcarioca]

Herrz buys their cars, some with a buyback agreement from the OEM. Surprising Facts About the Rental Car Industry | The Motley Fool
This may align with Tesla's planned robo-taxi fleet.

Heinz is the ketchup company.

The buybacks were common back when US automakers built far more than they could seell. Back then Alamo (then independent) 'bought' almost the entire production of Buick Reattas and manufactured used cars three months later, with GM essentially paying them to do it. In those days Ford bought hertz as a used car maker, GM bought control of Avis and National. Then they were all about making used cars from ones they could not sell at retail.

More recently they all were more or less independent, and began merging. Th Motley Fool article was not wrong, exactly, but neglects the history.

When the COVID-19 pandemic came many went bankrupt, all over the world. In the process they sold off most of their fleets. Now rental prices are sky-high and supplies are tight almost everywhere, making Turn and others among the biggest players.

Out fo bankruptcy they're desperate for inventory that will not instantly become obsolete and will be as nearly maintenance free as possible. partly because service staff are very, very short and they reduced staff in large numbers during the pandemic.

This is the crucial context placing Tesla in an even better situation. This post builds on my earlier one focused on the EU and other country demands for new vehicles.

 

[MABMAB]

Tower: TSLA, what is your altitude?

TSLA: Yeah, we're cruising at 75 points above the Upper Bollinger Band.

Bollinger bands are user defined and can be stretched or tightened by the user.

 

[lafrisbee]

I’ve been driving all morning through southern Cali on my way back home. Did I miss anything?

YEAH! Great News! It rained on Northern California...

 

[TheTalkingMule]

60M shares is a decent amount of volume, but not insane. Looking at the 1 month chart, MM's must have been pretty heavily shorting TSLA to hold it back....and that unwound today.

Or perhaps just began to unwind.

 

[Webeevdrivers]

YEAH! Great News! It rained on Northern California...

Assuming you are not kidding, that is great news.

 

[Curt Renz]

TSLA surpasses $1000 share price and $trillion market cap.

And it results in a third day for an all-time closing high and another all-time intraday high.