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

[traxila]

Thanks for correcting. Yes, I think Elon is implying (and has been hinting at this for a while) that he is beginning to see significant input cost declines, and that the fed is at risk of making a policy mistake by hiking rates too much.

Certainly the fed has a lot of data, but we see how well they used that data when making the decisions that got us here. I think I'll side with the guy who is building out businesses and industries that exceed many of the worlds nation's GDP than the federal reserve.

Fed has to deal with the rest of the population, not just industrial cues.

Problem we have right now is spiking rents and lack of housing, a shortage with its seeds going back to the Great Recession. We need more housing for that to really relent. The Fed is raising rates, which discourages new housing. A real conundrum for the policy makers in the end.

Another real issue to consider short term is the impending rail strike. Want to see some short term energy price spikes? Hope this does not happen.

And then of course we have the typhoon bearing down on Shanghai. Let’s see how Tesla prepared for it.

 

[OrthoSurg]

MODERATOR-ALTERED POST

I’ve been alerted that posters neither see a précis as to why a post is deleted, nor even by which Mod. Assuming this is so - we baklava-munchers high atop Mt. Olympus mightn’t be aware of all occurring to hoi polloi - then this morning what is turning to smoke on the Altar of OnTopicness can be discerned by by their color, as well as the identical alteration of the post.

With that, today‘s message is: NO more numerology. Ox entrails are less mind-stultifying, as well as less inaccurate.

 

[M|S|M MYP]

https://twitter.com/x/status/1569951402004447234

$TSLAQ: Tesla stopped renting parking lots and now store their unsold cars on trains.

 

[ZsoZso]

How long before TSLA overtakes QQQ ?
Place your bets!

Spoiler

My bet is Wednesday afternoon

It happened! I got the day right...

 

[Artful Dodger]

Musk is brilliant. He’s not infallible. He was wrong about covid being over a few months after it started. I’m sure he’s been wrong about many things but he knows how to hire and evaluate smart people to steer him straight.

Argh... for the 500th time, Elon NEVER said that, the MEDIA pretends he said that, and YOU repeat it blindly. What Elon tweeted was that COVID was trending to zero. The trend changed. Unlike the media, Elon is willing to change his opinion when faced with new evidence. That doesn't take brilliance, it takes intellectual honesty.

Elon Musk on Twitter: "@PPathole Based on current trends, probably close to zero new cases in US too by end of April" / Twitter (March 19, 2020)​

Not saying he’s wrong. But I’m not gonna blindly accept he’s right over head of an org that exists to decide what’s best for these things.

... so, maybe don't blindly accept the MEDIA then, either? You should be aware of their pervasive bias against Elon, their willingness to twist his words or outright lie about what he says, and understand who FUNDS their bias.

 

[2daMoon]

Looks like folks are taking advantage of the sale prices.

 

[JRP3]

What Elon tweeted was that COVID was trending to zero.

Except that it wasn't. Elon was wrong. It happens. See my sig for reference.

 

[M|S|M MYP]

Except that it wasn't. Elon was wrong. It happens. See my sig for reference.

Or to sum it up...."Be less wrong"

 

[elasalle]

Ford asks dealers to invest in EVs as it chases Tesla-like profit

The automaker is asking its nearly 3,000 dealers to invest upward of $1 million for upgrades to sell all-electric vehicles.

www.cnbc.com

Dealers jacked up prices ...
now Ford is selling EV licences .. 500K, 1.2M ..... well played Ford licenses to shill

 

[canoemore]

I was half-hoping for the sale to continue - I enjoyed my routine of buying a share every couple of days as the price continued to languish. If only we didn't own a stock that is such an out-performing juggernaut!

 

[mars_or_bust]

MODERATOR-ALTERED POST

I’ve been alerted that posters neither see a précis as to why a post is deleted, nor even by which Mod. Assuming this is so - we baklava-munchers high atop Mt. Olympus mightn’t be aware of all occurring to hoi polloi - then this morning what is turning to smoke on the Altar of OnTopicness can be discerned by by their color, as well as the identical alteration of the post.

With that, today‘s message is: NO more numerology. Ox entrails are less mind-stultifying, as well as less inaccurate.

 

[ZsoZso]

MODERATOR-ALTERED POST

I’ve been alerted that posters neither see a précis as to why a post is deleted, nor even by which Mod. Assuming this is so - we baklava-munchers high atop Mt. Olympus mightn’t be aware of all occurring to hoi polloi - then this morning what is turning to smoke on the Altar of OnTopicness can be discerned by by their color, as well as the identical alteration of the post.

With that, today‘s message is: NO more numerology. Ox entrails are less mind-stultifying, as well as less inaccurate.

 

[JRP3]

Bullish sign, new SA article title: Exploding EV Competition Could Send Tesla Under $100

 

[M|S|M MYP]

Biden hops into Corvette, declares Detroit 'back' at EV-focused auto show

President Joe Biden took a victory lap on Wednesday at the Detroit auto show as he highlighted automakers' electric-vehicle push, including billions of dollars in investments in battery plants, on the back of new government support.

www.reuters.com

I thought Tesla was a US automaker

 

[redan]

More German beaurocracy?

https://twitter.com/x/status/1570053726727184385

From Google translate:

At the beginning of June, the Grünheide main committee approved the plans of the US electric car manufacturer to expand its factory premises and recommended that the local council initiate a procedure for a new development plan. However, Christiani took the item off the agenda shortly before the municipal council meeting. There is still a need for clarification, he said at the time. This is the reason why the development plan is not on the agenda for the next meeting either, Christiani explained on Wednesday. He could not estimate whether the topic will be dealt with this year.

 

[TheTalkingMule]

Bullish sign, new SA article title: Exploding EV Competition Could Send Tesla Under $100

Not sure if it was discussed here yet, but I'm reading this update on the competition....

Ford asks dealers to invest in EVs as it chases Tesla-like profit

The automaker is asking its nearly 3,000 dealers to invest upward of $1 million for upgrades to sell all-electric vehicles.

www.cnbc.com

It sounds like me trying to defend the SolarCity business model in 2015.

I mean.....Ford absolutely cannot compete with Tesla on margins, even if they had a zero cost dealer-free distribution system.

Now they want dealers, who are 100% gonna lose all profit after the maintenance-free EV takes over, to "invest" $1M in order to be allowed to sell EVs. The EVs that are 100% going to lead to their demise. Lol!

In many ways it's a great move by Farley to put the onus on the dealership network. But it simply reframes the same trainwreck. He's supposed to be avoiding the trainwreck.

 

[Joe F]

Bullish sign, new SA article title: Exploding EV Competition Could Send Tesla Under $100

Love that SA is predicting another 3 for 1 split soon...

 

[TheTalkingMule]

Nice fat volume today with clear buying interest, following yesterday's super strong performance relative to macro.

MMD has commenced, but history tells us high-volume MMD's don't last too long.

 

[ZachF]

More German beaurocracy?

https://twitter.com/x/status/1570053726727184385

From Google translate:

At the beginning of June, the Grünheide main committee approved the plans of the US electric car manufacturer to expand its factory premises and recommended that the local council initiate a procedure for a new development plan. However, Christiani took the item off the agenda shortly before the municipal council meeting. There is still a need for clarification, he said at the time. This is the reason why the development plan is not on the agenda for the next meeting either, Christiani explained on Wednesday. He could not estimate whether the topic will be dealt with this year.

Build another factory in a European country that doesn’t have a terminally stupid government.

 

[Nocturnal]

More German beaurocracy?

https://twitter.com/x/status/1570053726727184385

From Google translate:

At the beginning of June, the Grünheide main committee approved the plans of the US electric car manufacturer to expand its factory premises and recommended that the local council initiate a procedure for a new development plan. However, Christiani took the item off the agenda shortly before the municipal council meeting. There is still a need for clarification, he said at the time. This is the reason why the development plan is not on the agenda for the next meeting either, Christiani explained on Wednesday. He could not estimate whether the topic will be dealt with this year.

We just need to get Brandenburg to put a few hundred billion into TSLA and own 12% of the company just like Lower Saxony does with VW. Then those approvals would fly out the door.