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

[traxila]

There is no evidence whatsoever that Elon is selling any TSLA shares. TSLA is moving with the market on one of the worst down days for the NASDAQ this year. So why make up reasons? Not to mention that it would be moronic for Elon to sell TSLA shares today to pay for a transaction that won't go through for months, if ever.

Nice to hear your bearish bet on TSLA has paid off for you.

That is not a fair assessment. While the whole market is getting pounded, none of the major techs are showing anywhere near the price decline OR much more importantly, the HUGE volume TSLA is showing right now. There is major liquidation going on right now in TSLA, unlike the other big techs who are basically tracking their daily volumes. They may finish above by the EOD based on ugly market right now. TSLA has already blown away daily volume by over 8 million shares.

So the short answer is that someone is selling A LOT more TSLA shares than usual. If not Elon, then major institutional players? But they don't tend to concentrate on one stock. There would be large volume across the board. The evidence is there that a major player is liquidating specifically in TSLA, and it is hard to ignore that Elon may have sudden cash requirements based on events.

 

[Cherry Wine]

There is no evidence whatsoever that Elon is selling any TSLA shares. TSLA is moving with the market on one of the worst down days for the NASDAQ this year. So why make up reasons? Not to mention that it would be moronic for Elon to sell TSLA shares today to pay for a transaction that won't go through for months, if ever.

Nice to hear your bearish bet on TSLA has paid off for you.

"No evidence"? How about high volume selling and an outsized move even relative to TSLA's beta that very closely (exactly?) mimics his sales last year on the day after his buyout offer was accepted. There's evidence, but no smoking gun, and I think it's perfectly reasonable to speculate that Elon could be selling today. He's shown us that he is simply unconcerned with massive drops in the TSLA stock price, and seems quite passionate about the Twitter acquisition.

He's surprised us before, and - "moronic" or not, disappointing as it would be - I wouldn't put it past him.

 

[ZeApelido]

The selling will continue until morale improves.

 

[TheTalkingMule]

This volume isn't THAT high. Could easily just be a massive de-risking move combined with hedgefund or MM shovedown effort.

What's the worry? We got's da earnings!

 

[mongo]

Since Elon is effectively going to be buying shares of TWTR from brokerages, and brokerages are also in the habit of selling shares, wouldn't it make more sense that, *IF* he needed to sell TSLA to buy TWTR he would do so via block pricing agreement at some discounted price with said brokerages?

TSLA has had multiple -10% days in the past with no sales by Elon.

Recent large moves:
March 22 was 35 million shares on a 7% rise.
Feb 24, 45 million, +14%
Jan 27, 47 million, -11%

 

[Question]

If Shanghai factory is not affected by China lockdowns this dip is unreasonable. Q1 annualized p/e is only 78. Can't believe we are here already.

 

[AZRI11]

TSLA needs to close above 900 or we lose support, and probably drop below 800 before the next climb.

 

[Question]

TSLA needs to close above 900 or we lose support, and probably drop below 800 before the next climb.

I don't think technicals are that strong indicators. Sure, you can trade stock profitably by using them, but it's small few percentage edge per each trade. It's not like we drop 100$ if some indicator is not fulfilled.

 

[SN_8]

We need something to laugh about today.

https://twitter.com/x/status/1519015230868705280

 

[StealthP3D]

We need something to laugh about today.

https://twitter.com/x/status/1519015230868705280

Wow! Jim Farley is looking pretty desperate. He no longer has that quiet self-assuredness that he had last year. I think the truth has started to sink in for him.

 

[TheTalkingMule]

If you can't fathom what Wall Street is "thinking" today, just take a look at this chart. The little blue dots are their "reality", green is what's actually happening on planet Earth in 2022. Where is that next green dot?

 

[M|S|M MYP]

Wow! Jim Farley is looking pretty desperate. He no longer has that quiet self-assuredness that he had last year. I think the truth has started to sink in for him.

He almost looked scared saying "We plan to challenge Tesla....." In fact, he looked scared during his entire speech.

 

[ZeApelido]

That's what I keep telling the mods here about my vanishing posts!

https://twitter.com/x/status/1519020176884305920

 

[brantse]

Is there a specific window of time, after earnings, that Elon would be allowed to sell shares? If so, how long is that window open? Clearly, if he's selling shares, this wouldn't be part of a predetermined selling plan, since he just found out yesterday that Twitter accepted his offer.

 

[Ogre]

We need something to laugh about today.

https://twitter.com/x/status/1519015230868705280

That's someone no-one would have believed just 2 years ago... or today.

Not even the audience buys it.

Ford should pushing the range on their transit vans. That way when his CEO gig is up he can live out his cousin's dream and live in a van by the river.

 

[corduroy]

Wow! Jim Farley is looking pretty desperate. He no longer has that quiet self-assuredness that he had last year. I think the truth has started to sink in for him.

Ever since I found out he is Chris Farley's cousin, all I can see is Tommy talking in front of Callahan Auto Parts.

 

[Doit]

We need something to laugh about today.

https://twitter.com/x/status/1519015230868705280

Jim: ..to become the top EV makers in the world, that's something no one would've believed two years ago...
Body language of everyone, including Jim: we don't believe that today, or two years from now

Thanks for the laugh

 

[BioSehnsucht]

Re: Elon selling Tesla to pay for Twitter - I thought he had to plan his purchases / sales of Tesla stock well in advance to avoid any insider trading concerns, so it seems unlikely that he'd be able to move that fast after the plan was approved by Twitter board, and if it really isn't going to finalize until end of year, no need to dump stock now. Seems more likely someone is big mad and getting out, or getting in (shorting)?

 

[2daMoon]

That's someone no-one would have believed just 2 years ago... or today.

Not even the audience buys it.

Ford should pushing the range on their transit vans. That way when his CEO gig is up he can live out his cousin's dream and live in a van by the river.

View attachment 797772

Clearly, stand up comedy isn't Jim's forte'

 

[traxila]

Re: Elon selling Tesla to pay for Twitter - I thought he had to plan his purchases / sales of Tesla stock well in advance to avoid any insider trading concerns, so it seems unlikely that he'd be able to move that fast after the plan was approved by Twitter board, and if it really isn't going to finalize until end of year, no need to dump stock now. Seems more likely someone is big mad and getting out, or getting in (shorting)?

He may have been ready to go. He was last time. He is a pretty smart guy, people say.

My understanding is that you can schedule sales and then cancel them last minute, but not the other way around. Which makes sense from shareholder perspective.

We will find out.