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

[TheTalkingMule]

Payrolls looking good and wages flat. That should be a double positive for markets.

Payrolls rose 390,000 in May, better than expected as companies keep hiring

Nonfarm payrolls were expected to increase 328,000 in May, according to Dow Jones estimates.

www.cnbc.com

 

[Krugerrand]

The last time I had stocks in a plane engineering company and they announced they were cutting 10% of employees to save costs, the stock price jumped 8% because investors liked the idea of cost saving. I am surprise the opposite is happening with TSLA even if the story was true.

I believe with past layoffs like this (it’s the third or fourth time Tesla has done this) the stock price was largely unaffected or went up as it is often seen by the in charge voices at the top of the world-o-meter money food chain to be a good thing.

 

[henchman24]

Payrolls looking good and wages flat. That should be a double positive for markets.

Payrolls rose 390,000 in May, better than expected as companies keep hiring

Nonfarm payrolls were expected to increase 328,000 in May, according to Dow Jones estimates.

www.cnbc.com

Market is going to spin that as now the Fed can do multiple 75bps raises!

 

[Singuy]

“due to economic headwinds and the fact that teslas operations are becoming more streamlined, we are cutting administration jobs and simplifying our corporate structure. Manufacturing jobs and hiring will remain in place as demand for our products remains strong. This move will make tesla a stronger company and help to minimize any effects from the macro economy”

There … was that so hard??

"If we don't cut jobs, Tesla will face bankruptcy during a real recession. We cannot be complacent " -is how Elon Musk will word it.

He doesn't believe in soft landings.

 

[bkp_duke]

And there's going to be plenty of great new employees to choose from as the labor market loosens up.

There already is. The labor stats don't tell the whole story. We posted a job opening for a sys admin last week, expecting we might get 2-3 applicants and have to scrape the bottom of the barrel in terms of talent. We got 30 applicants in 48 hours, and some of them have fantastic CVs. The "tight" labor market is rapidly unwinding, but the labor stats will be the last place this is shown because they by design are such trailing indicators.

 

[Krugerrand]

God help me if I start agreeing with Gary Black that a comms team is needed to provide better context and a more polished message in situations like this.

Meh. Rip the bandaid off. Keeps everyone on their toes.

In reality it doesn’t matter how the message is packaged, people hear what they want to hear and react how they want to react. Just read this thread and pay attention to individual people; we all have patterns. It’s more important to understand your own patterns and how they may or may not be affected by others and decide if you’re happy with all that or not.

 

[dww12]

I’ve got a “super bad” feeling about todays SP ….

Not sure they pointed out the reference but they said it on CNBC. Today is Superbad day.

 

[TheTalkingMule]

TWTR pulling up TSLA at the open. Joking, not joking.

 

[elasalle]

For what it's worth .. max pain is $750

 

[EVMeister]

For what it's worth .. max pain is $750

Not much.

 

[Discoducky]

Macros going south due to a strong jobs report....because that means that the Fed won't reverse or slow hikes...got it, makes total sense.

Dow falls 300 points, Nasdaq drops 2%, as major indexes notch weekly losses

U.S. stocks slid to close the week lower as investors digested a stronger-than-expected jobs report and its implication for monetary policy going forward.

www.cnbc.com

“Numbers this strong would likely reverse any hopes the Fed would consider a pause in rate hikes after the June/July increases, because it would signal the labor market remains very tight,” Tom Essaye of the Sevens Report said.

 

[henchman24]

Macros going south due to a strong jobs report....because that means that the Fed won't reverse or slow hikes...got it, makes total sense.

Dow falls 300 points, Nasdaq drops 2%, as major indexes notch weekly losses

U.S. stocks slid to close the week lower as investors digested a stronger-than-expected jobs report and its implication for monetary policy going forward.

www.cnbc.com

“Numbers this strong would likely reverse any hopes the Fed would consider a pause in rate hikes after the June/July increases, because it would signal the labor market remains very tight,” Tom Essaye of the Sevens Report said.

On cue! CPI next Friday will control the narrative on the Fed. Right now the Fed seems to have room to raise rates and keep the economy going. If CPI comes in weak next Friday, the market will suddenly believe in a soft landing and everything is perfect. If CPI comes in hot, we will have out of control stagflation. Zero in between!

 

[M|S|M MYP]

Guess my buy order of -9.9% below yesterdays SP may hit after all

Time to go fishing with my son! Have a good day y'all!

 

[elasalle]

Macros going south due to a strong jobs report....because that means that the Fed won't reverse or slow hikes...got it, makes total sense.

Dow falls 300 points, Nasdaq drops 2%, as major indexes notch weekly losses

U.S. stocks slid to close the week lower as investors digested a stronger-than-expected jobs report and its implication for monetary policy going forward.

www.cnbc.com

“Numbers this strong would likely reverse any hopes the Fed would consider a pause in rate hikes after the June/July increases, because it would signal the labor market remains very tight,” Tom Essaye of the Sevens Report said.

Elon has a plan for that

More jobs due to reopening, people coming back from retirement(with dip in portfolio) ... if wages go down that will help tame inflation as well ....

 

[M|S|M MYP]

4D chess - Elon says no more WFH
2 days later - Cutting 10% of staff (in reality, like 5% cause all the WFH people who did not wanna come into the office quit anyways)

 

[elasalle]

4D chess - Elon says no more WFH
2 days later - Cutting 10% of staff (in reality, like 5% cause all the WFH people who did not wanna come into the office quit anyways)

Looks like no one quit and he had to go with plan B
stock based compensation has taken a 50% hit from ATH. hard to quit, especially if internally you know how well the company is doing
+ at low prices, you can accumulate even more ... employees are all HODL .... so works out even better for them.

 

[henchman24]

Looks like no one quit and he had to go with plan B

This was going to be my response.

 

[JRP3]

Elon has created an easy excuse to can anyone who pisses him off with his recent directives to come to work.

Does anyone here think Elon needs an excuse to can people who piss him off?

 

[JRP3]

“due to economic headwinds and the fact that teslas operations are becoming more streamlined, we are cutting administration jobs and simplifying our corporate structure. Manufacturing jobs and hiring will remain in place as demand for our products remains strong. This move will make tesla a stronger company and help to minimize any effects from the macro economy”

There … was that so hard??

You're hired!

 

[Nocturnal]

Buying an unprofitable social media company when you have a super bad feeling about a recession is a bit odd though. Just saying.