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

[Words of HABIT]

Tesla Competitor Polestar Starts Trading on Nasdaq Today — Should You Buy Stock?

Swedish electric vehicle company Polestar -- founded by Volvo and Zhejiang Geely Holding -- is starting trading on the Nasdaq today, June 24, following a special purpose acquisition company merger....

finance.yahoo.com

First day of trading for Polestar, PSNY on Nasdaq, closing down >7%. Not much faith in the competition. Currently valued at $23B.
"CNBC noted that most SPAC mergers with EV companies haven’t been successful for investors. “Even the relatively more successful cases of Lucid Group, Fisker, and Nikola are currently trading 67%, 69%, and 92% below their post-merger highs, respectively.”

Polestar Automotive Holding UK PLC (PSNY) Stock Price, News, Quote & History - Yahoo Finance

Find the latest Polestar Automotive Holding UK PLC (PSNY) stock quote, history, news and other vital information to help you with your stock trading and investing.

finance.yahoo.com

 

[SO16]

Source? Reddit?

Rebalancing. But I’m not counting on a huge move.

Tesla topples Meta as fifth largest stock on Russell indexes | finder.com

Tesla will replace Meta as the fifth largest company in the FTSE Russell indexes when their composition changes. See rebalancing impact on other stocks.

www.finder.com

 

[Accident]

Some bullish trades in the last hour

https://twitter.com/x/status/1540420178692820992

 

[SmokyPeat]

Source? Reddit?

I'm watching Hit that bid, and Yashu quoted Gary Black predicting a rally at close.

 

[SOULPEDL]

Tracking S&P today, very odd, no surprises? What... is the teacher coming?

 

[henchman24]

I'm watching Hit that bid, and Yashu quoted Gary Black predicting a rally at close.

I think people are basing that idea on the SP500 inclusion rally... this is a much, much smaller amount of shares being moved.

 

[thesmokingman]

Here we go...!!!

 

[wipster]

Nice way to end a turbulent week!

 

[SmokyPeat]

Not really a rally, but got a little bump at close.

 

[StarFoxisDown!]

Nice way to end a turbulent week!

Debbie Downer here to spoil your good mood.

TSLA underperformed it’s beta for the week and significantly underperformed after Tuesday’s trading.

So overall, a weak week for TSLA……and the underperformance continues lol

 

[wipster]

Debbie Downer here to spoil your good mood.

TSLA underperformed it’s beta for the week and significantly underperformed after Tuesday’s trading.

So overall, a weak week for TSLA……and the underperformed continues lol

Could have been worse!

 

[2daMoon]

Can I have more under performance like this next week please?

 

[StarFoxisDown!]

Can I have more under performance like this next week please?

Sure thing! And then in two weeks when the macro’s tank back down to their previous lows, TSLA will be in the 500’s

They effectively walked this stock down nonstop over the past 2 months and are practically salivating at the thought of getting more TSLA at an extreme discount.

Hopefully we either get a big surprise to P/D numbers or the macros stabilize which could prevent a further run on this stock

 

[Ohmster]

Did they really need to add the idiot at the end to negate the overall message from Credit Suisse?

Credit Suisse cuts price target on Tesla, still positive on the stock

Credit Suisse's Dan Levy joins 'Closing Bell' to discuss Tesla stock, which was climbing today along with the broader market. With Risk Reversal's Dan Nathan.

www.cnbc.com

 

[henchman24]

Keep perspective. Past year Nasdaq -15% Tesla +9% Past 3 months Nasdaq -16.8% Tesla -27% Past month... Nasdaq +1.5% Tesla +15%. This week was weaker than the month(Tesla +8.5% vs +5.5% for Nasdaq), but we had Elon scaring people with burning money and estimates coming down. We may have new lows come at some point, but the market will have to go significantly lower than Nasdaq lows of the 16th to reach the Tesla lows of late May. 10k Nasdaq could certainly be tested (economic news would be the likely catalyst), but about there is what it would take to get Tesla below May lows. That said, some bad earnings or sales could change this relationship. As it stands, Tesla isn't falling nearly as far on the bad days and out pacing on the good days... numbers over the last 4-5 weeks support that overall (you can find specific days that vary).

 

[ZenRockGarden]

Despite Q2 coming with obvious known downside and strain (China plant closings, parts shortages, slower-than-expected 4680 rollout) I am eager to see the figures from Tesla, especially when set against competitors.

In the face of all of the above, Tesla is going to keep printing money. Their positive margins on cars will grow, they'll have essentially zero interest expenses, and will have very worthy-looking ramps happening in the final month of Q2 at both Berlin and Austin, with more factories planned. This will be in stark contrast to essentially everyone else in the EV space who will be losing money on every vehicle they make. Go ahead - bring on the austerity and bad economy, it'll just make Tesla stronger against the competition.

 

[elasalle]

https://twitter.com/x/status/1540430299078737923

 

[BornToFly]

Ford copying Tesla again

Ford eliminates end-of-lease purchase option for EVs - Autoblog

Ford appears to have designated June as the month for realigning customer rights. A few days ago came word that dealers would be able to insert language int

www.autoblog.com

Ford looks at Tesla and thinks their 3 year old EVs will be worth something too?...

 

[Max Plaid]

Stop wasting your time - @nativewolf is not a TSLA investor or Tesla owner - he has said so on many occasions - He/They are only interested in investing in sustainable forestry.
Therefore, I would take any comments as a side bar and not actual parlance for TSLA or Tesla.
Cheers to the Longs!

FTFY

 

[M|S|M MYP]

Ford looks at Tesla and thinks their 3 year old EVs will be worth something too?...

The real truth is they are preparing for their own "ROBOTAXI fleet", complete with blues cruise....only applies to straight roads and no curves. Maybe they are in talks with Tesla for use in the Boring Tunnels

Have a great weekend y'all....The epic run for $TSLA will happen soon.....2 weeks maybe?