If macros fall through their June lows, this is definitely happening.
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
The £/$ is so bad today I am almost at a gain for the day!
Nope.... I don't think Tesla will have a "demand" problem for the foreseeable future. There is just too much pent-up demand.
The global demand has just barely been touched.
The IRA was passed quickly and unexpectedly. Even more, the contents of the bill were unexpected as well.
I wonder if that caused some reevaluation of master plan 3. I think it might have caused Elon to think more seriously about getting into raw materials processing in a big way.
Bond market has gone insane... if there is hope that this dip will turn around next week, it is that cooler heads will prevail there.
bkp_duke
Well-Known Member
I've never been good at timing the market. I'm very happy with the price at which I purchased these and the time-horizon for them. If I missed a little change, so be it.
So, the mini-budget was worse than I feared. The fall in the pound and increase in guilt yields shows that the market agrees with me.
Only the top 20% are better off, with most of the increase going to the top 5%. The bottom half will be worse off, as limited tax reductions are more than offset by increased cost of imported goods (including food), higher mortgage/rent costs and wages falling further behind inflation. This is a bet on trickle down economics to increase growth - that hasn't worked in the past when tried, so is unlikely to work now.
Inflation is likely to be higher for longer, so the Bank of England is expected to raise interest rates more agressively. This is more than likely to deepen and lengthen the recession the UK is already in. High interest rates are forecast to cause a slump in the housing market, some say be 30%. A gradual reduction in housing costs is probably good, but a fast reduction is likely to be very bad for the economy.
For Tesla in the UK, the fall in the pound will inevitably cause price rises (in pounds), however the top 5% who have benefitted from this budget are those who are most likely to buy a Tesla, and they have benefitted more than the likely price rise. This should cause a small increase in demand for Teslas, especially S and X which are bought by the 1% who have benefitted even more.
bkp_duke
Well-Known Member
Because the orders filled, and the price still kept going lower?
bkp_duke
Well-Known Member
100 bps would just be bonkers in the face of at least flattening inflation (per the Fed's metrics) and most likely decreasing inflation (everything else we see).
I agree, this is an overreaction.
TheTalkingMule
Distributed Energy Enthusiast
Nice to see MM's walking TSLA up for a change! Or at least allowing and supporting modest dip buying pressure.
Max pain was like $297 at open, but is likely around $291 by now. I assume they'll settle for $281 to keep the $280p spike out of the money.
Minimal effort. Moderate profit. Zero risk. Must be nice!
Max pain was like $297 at open, but is likely around $291 by now. I assume they'll settle for $281 to keep the $280p spike out of the money.
Minimal effort. Moderate profit. Zero risk. Must be nice!
TheTalkingMule
Distributed Energy Enthusiast
You guys can argue about missing the bottom when they've 5x'd by November. I guess theoretically 6x would be nicer.
This year Wall Street has taught me a lesson I'll never forget. Every last drop of cash I have is sitting as margin on my blown up put spreads(BPS). I'll get them expired this year, but have officially missed this golden opportunity.
ALWAYS have cash ready for when there's blood in the streets.
Edit: On rereading this it's not very clear that I'm celebrating TMCer victories here, not hating. Just to clarify. Cheers!
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Paracelsus
Active Member
Those 'Inflation Reduction Act' solar and storage residential and commercial project loans are getting more expensive by the day....................
ZachF
Active Member
Europe’s renewable resources are greatly inferior to the US. Average US capacity factor for solar is 23% compared with 10-12% for Europe outside of Spain, where it’s ~20%. It also doesn’t help that energy demand is inversely correlated to solar production. In wind, US achieves capacity factors onshore that Europe does offshore, and onshore is about 2x cheaper. Wind is largely inferior overall to solar because of medium-term variability, basing your grid on wind would require a lot more overbuilding and storage than solar.
All in all, you can expect a renewable investment in the US to produce ~double the electricity while requiring less backup and storage than in Europe.
@TheTalkingMule
www.marketwatch.com
$8 a gallon gas? RBC energy guru on why Americans should brace for higher oil prices
Any U.S. consumers who think $5-a-gallon gasoline is a thing of the past might want to listen to what Helima Croft has to say.
www.marketwatch.com
ZachF
Active Member
Are there any mechatronics technicians here looking for a new gig?
Reuters recently reported the company is ramping up ambitious plans to develop the Tesla Bot, also known as Optimus, with internal meetings and hiring for about 20 positions including software and firmware engineers, deep learning scientists, actuator technicians, and internships.
"Tesla is on a path to build humanoid bi-pedal robots at scale to automate repetitive and boring tasks," one job posting for a mechatronics technician stated. "Most importantly, you will see your work repeatedly shipped to and utilized by thousands of Humanoid Robots within our factories."
finance.yahoo.com
Reuters recently reported the company is ramping up ambitious plans to develop the Tesla Bot, also known as Optimus, with internal meetings and hiring for about 20 positions including software and firmware engineers, deep learning scientists, actuator technicians, and internships.
"Tesla is on a path to build humanoid bi-pedal robots at scale to automate repetitive and boring tasks," one job posting for a mechatronics technician stated. "Most importantly, you will see your work repeatedly shipped to and utilized by thousands of Humanoid Robots within our factories."
Tesla job listings detail Elon Musk’s vision for 'thousands of Humanoid Robots within our factories'
Tesla (TSLA) job postings reveal the electric vehicle maker is doubling down on humanoid robots.
If anyones been following European registration data, seems like Berlin has gone through a material increase in production and has been sustained. This is of course trailing data. The actual production increase happened 2-3 weeks ago
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