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

[bkp_duke]

Somehow . . . I suspect the man with the most advanced AI team on the planet is going to be automating a LOT of the work done by humans over at Twitter. Significant downsizing in staff ahead. They better dust off and brush up those CVs.

 

[bkp_duke]

Whoooooaa there....no one's disagreeing with your mom. Quite the opposite. My Flag Day price target is $1388.40 (20x$69.420)

I'm just trying illustrate the point at which I literally sell the house and buy shares. After 3Q earnings. If $12 in trailing earnings and an 80 PE isn't enough.....

Selling the house would be foolhardy. Just get a big fat HELOC on it and have your cake and eat it too.

 

[Marc_K_inNJ]

Somehow . . . I suspect the man with the most advanced AI team on the planet is going to be automating a LOT of the work done by humans over at Twitter. Significant downsizing in staff ahead. They better dust off and brush up those CVs.

He will also be getting rid of the entire censorship department…

 

[Marc_K_inNJ]

It just hit me. Now Elon will be in charge of approving the SEC tweets…!

 

[traxila]

This is what I got. I would imagine I am not alone.

Maybe it is restricted only to accounts with 250,000 plus shares in it.

No, not really.

Either way, draw your own conclusions. Something here tells me it might be a 20 for 1 stock split.

 

[Xd85]

Apologies if asked before. Does the split ratio change the impact of naked shorting covering on the SP? I would think 19 more real shares bids up the price more than 4 more?

Eh who cares about pizza

 

[AudubonB]

This is what I got. I would imagine I am not alone.

Maybe it is restricted only to accounts with 250,000 plus shares in it.

No, not really.

Either way, draw your own conclusions. Something here tells me it might be a 20 for 1 stock split.View attachment 797464

My read:
That looks legitimate, and it looks as though someone in the Investment Banking side is in for a world of hurt for releasing confidential information.

There is, however, another possibility, and that is that someone is playing with false flags, which means the above-mentioned person, and his or her group, could find themselves in a world of hurt, at the bottom of a viper-filled pit, slowly being showered with HF.

 

[Budding]

Fred would be right if Elon banned him from Twitter. You have the right to speak but I also have the right to ignore your rambling.

 

[Ogre]

He will also be getting rid of the entire censorship department…

There will still be content moderation. Things like child pornography and threats will still need to be managed or there are massive legal problems.

Hopefully they add more controls so people can self-moderate. Individual users should have a lot of control over who can DM them and should be able to block replies from certain people.

 

[Cattledog]

I don't really care for his reporting, but Fred has an excellent level of snark.

Fred fell right into the trap...

 

[Discoducky]

This is what I got. I would imagine I am not alone.

Maybe it is restricted only to accounts with 250,000 plus shares in it.

No, not really.

Either way, draw your own conclusions. Something here tells me it might be a 20 for 1 stock split.View attachment 797464

Would you be willing to contact them to find out if this was released in error?

Now I wish I had an account with them. Fidelity and eTrade haven't clued me into anything...Geez!

 

[Sofie]

This is what I got. I would imagine I am not alone.

Maybe it is restricted only to accounts with 250,000 plus shares in it.

No, not really.

Either way, draw your own conclusions. Something here tells me it might be a 20 for 1 stock split.View attachment 797464

What was the understanding by some that 20:1 would be the best option (most painful to shorts, was it?)

 

[StealthP3D]

This is what I got. I would imagine I am not alone.

Maybe it is restricted only to accounts with 250,000 plus shares in it.

No, not really.

Either way, draw your own conclusions. Something here tells me it might be a 20 for 1 stock split.View attachment 797464

That's bizarro. Because they claim they have been notified that a corporate action of a security in your account WILL undergo corporate action (20 for 1 stock split). And yet I'm positive Tesla did not tell them there WILL be a 20 for 1 stock split because, legally, that would require shareholders to approve more shares. And Tesla has not publicly announced any specific intended split ratio either.

This kind of notice would typically not go out until a split was approved and the date and split ratio was announced. There is no reason for it. It's almost as if they are trying to use it to drum up sales of shares from anyone ignorant enough to have to call them up to see what this is all about.

 

[Cherry Wine]

This is what I got. I would imagine I am not alone.

Maybe it is restricted only to accounts with 250,000 plus shares in it.

No, not really.

Either way, draw your own conclusions. Something here tells me it might be a 20 for 1 stock split.View attachment 797464

Seems odd given that Tesla has not even asked for a shareholder vote to increase authorized shares yet.

EDIT:

That's bizarro. Because they claim they have been notified that a corporate action of a security in your account WILL undergo corporate action (20 for 1 stock split). And yet I'm positive Tesla did not tell them there WILL be a 20 for 1 stock split because, legally, that would require shareholders to approve more shares. And Tesla has not publicly announced any specific intended split ratio either.

This kind of notice would typically not go out until a split was approved and the date was announced. There is no reason for it. It's almost as if they are trying to use it to drum up sales of shares from anyone ignorant enough to have to call them up to see what this is all about.

Exactly!

 

[StealthP3D]

What was the understanding by some that 20:1 would be the best option (most painful to shorts, was it?)

Some people think a higher split ratio would cause more pain for those caught naked short. I don't think it matters as long as it's at least a 2:1 or so.

 

[traxila]

Would you be willing to contact them to find out if this was released in error?

Now I wish I had an account with them. Fidelity and eTrade haven't clued me into anything...Geez!

I am not sure. Based on the reactions here, it seems like someone may be in trouble and that I have opened a can of worms for them. I thought this was standard boilerplate. Sure seems like an auto mass mailing to me.

FWIW, IBKR, CITI and TD have not clued me in either, so I dunno what going on.

I get that more shares need to be authorized at the meeting. In the end the question I have is what exactly does “preliminary information” mean anyway?

 

[thx1139]

Somehow . . . I suspect the man with the most advanced AI team on the planet is going to be automating a LOT of the work done by humans over at Twitter. Significant downsizing in staff ahead. They better dust off and brush up those CVs.

I would think the staff, if they want, will have lots of opportunities within Elon companies.

 

[Singuy]

I am not sure. Based on the reactions here, it seems like someone may be in trouble and that I have opened a can of worms for them. I thought this was standard boilerplate. Sure seems like an auto mass mailing to me.

FWIW, IBKR, CITI and TD have not clued me in either, so I dunno what going on.

I get that more shares need to be authorized at the meeting. In the end the question I have is what exactly does “preliminary information” mean anyway?

My feeling is Tesla notified banks that they have the intention for a 20x increase in share count for a 20:1 split pending shareholder approval. That number came from somewhere, Chase can't just make it up.

 

[OrthoSurg]

Tesla might not pay to advertise.
But Elon has just spent 44B to buy Twitter and everybody in the world is talking about it. The more you talk about something and the more people buy the product. This will have indirect positive effect on Tesla sales, again. Hope Rob Mauer is right and Tesla doesn’t have to poll another TSLA sale to fund his Twitter purchase and should all his TSLA shares remain for the building of Mars first colony.

 

[traxila]

My feeling is Tesla notified banks that they have the intention for a 20x increase in share count for a 20:1 split pending shareholder approval. That number came from somewhere, Chase can't just make it up.

Yeah, ultimately I do not see how this can be considered material information, as a split has already been announced and the actual numbers are just math.