Interesting question.
My initial read on it was Elon was not suggesting he was currently in SV, but that when he comes here, he crashes at friends' places rather than in his own home, since he doesn't own a home here.
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
My initial read on it was Elon was not suggesting he was currently in SV, but that when he comes here, he crashes at friends' places rather than in his own home, since he doesn't own a home here.
MartinAustin
Active Member
Makes it sound like they had not already done a national security review on the guy they keep giving classified satellite launch contracts to
Artful Dodger
"Neko no me"
People were in a hurry to get their money in. That's fine, but this was the 3rd retest of the 52-wk low, and an important rejection of the $200 level (strong spike of volume at 10:20 to push it below, only lasted 10 min). Hugh volume today, whale feeding time. Overall, stop-loss orders (mostly Retail) were eagerly hoovered up by large funds (and likely MMs looking to recharge their inventory of TSLA).
Neuralink's 'show & tell' delayed by one month, Elon Musk says | REUTERS (Oct 23, 2022)OT, I saw something about a Neuralink demo coming on Halloween (Oct 31). Scary? Will the pigs talk to Optimus?
Cheers!
ZachF
Active Member
It’s doubly dumb because I’m pretty sure he already goes through constant security reviews for ITAR reasons wrt SpaceX.
Krugerrand
Meow
Disagree. They need to make a certain amount of money for several reasons. It doesn’t do Tesla any good to sell their cars at lighter margins while they need to expand and R&D the crap out of stuff and, and, and. Additionally, Tesla has to be financially stable to withstand recessions and WS attacks and, and, and.
Agree, they want to get the most number of EVs on the road, but not at the expense of the company. Therefore, prices remain (relatively) high with gobs of margin until the next model down is ready for the people.
MartinAustin
Active Member
ZachF
Active Member
/cloudfront-us-east-2.images.arcpublishing.com/reuters/6N63PPBDDFMHNBTU3JELN43WMY.jpg)
Tesla's Musk eyes potential investment in Mexican border state -sources
Tesla Inc Chief Executive Elon Musk is considering investing in the northern Mexican state of Nuevo Leon, which borders Texas, two people with knowledge of the matter said on Monday.
Giga Mexico?
Not sure whether I am the one driving or the one screaming though.
Joe F
Disruption is hard.
My read: Almost bankwupt, he’s shaking friends couches now for loose change. He’s one of us now.
Q - are Bill Gates and Elon Musk hedging each other while putting society on the path to sustainability?
...laugh away...
...laugh away...
Amazing that a company that prided itself on taking the long view has become so shortsighted now.
KBF
Model X owner (formerly Cdn Signature Model S)
AFAIK Honda's even worse. They decided to essentially drop EV development and go all-in with Fuel cells...
-at least Toyota's acknowledging their mistake (5 years late)
thesmokingman
Active Member
You can't make this *sugar* up.
www.cnn.com
Toyota finally found a way to keep wheels from falling off its electric SUV | CNN Business
Last June, Toyota warned owners of its first mainstream electric vehicle, the BZ4X, to stop driving their SUVs and have them transported to dealers because of a scary problem: the wheels could fall off after driving even just a few miles.
www.cnn.com
This line sums it all up quite nicely...y'know what they say about assumptions?
"Toyota's planning had assumed demand for EVs would not take off for several decades, the four people said."
Musk continues the Potemkin village rouse by planting a non-functional Cybertruck exoskeleton inside GigaAustin.
MountainRatMat
Member
Very good points, Tesla is a profitable business and they need to keep it that way (and most on here, including me, are betting they do with skin in the game).
I think we are saying very similar things with some nuance.
Artful Dodger
"Neko no me"
Early pre-market price movement w. heavy volume supports this notion. This was a combination of hedgies jumping on the China price cuts, trying to force their narrative "when in jeopardy, attack" and China macros:
The SP dropped $2 in the 5 minutes before the Open. That wasn't Elon selling, either. The plunge to $200 took 4 attempts before that level finally broke at 10:25 a.m. It was then followed by strong support and heavy buying as the stop losses were quickly hoovered up. This has the fingerprints of hedgies all over it.
It can be both, as hedgies love to front run the events they expect. That's how Elon selling $7B in shares can knock $100B off the Mkt Cap.
Gigapress
Trying to be less wrong
And triply so because the US government back in June invoked the Defense Production Act as authorization for executive orders accelerating domestic production of renewable energy products on the basis that these are now considered critical for national security.
President Biden Invokes Defense Production Act to Accelerate Domestic Manufacturing of Clean Energy
DPA Invocation Will Boost American Production of the Critical Technologies Necessary to Lower Energy Costs, Support the Clean Energy Economy, and Strengthen National Security.
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