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

[Blue horseshoe]

C'mon y'all, lets all get along and relish in the 10th GREEN trading day in a row (hopefully)

 

[TrendTrader007]

Converted my entire portfolio into TSLL today
My buying of TSLL was a substantial portion of volume traded today
What is happening on weekly chart of Tesla is extremely significant
This is exactly similar to what happened in late 2019 and an early 2013
This is a major Bollinger band breakout on the weekly chart. I am still in Europe and traveling but when I get a chance, I’m happy to post more detailed explanation and more detailed charts
Not financial advice nobody should follow what I’m doing

 

[StarFoxisDown!]

Converted my entire portfolio into TSLL today
My buying of TSLL was a substantial portion of volume traded today
What is happening on weekly chart of Tesla is extremely significant
This is exactly similar to what happened in late 2019 and an early 2013
This is a major Bollinger band breakout on the weekly chart. I am still in Europe and traveling but when I get a chance, I’m happy to post more detailed explanation and more detailed charts
Not financial advice nobody should follow what I’m doingView attachment 945030

On a technical basis, yes the stock is set up break out.

But Tesla's execution and earnings have to cooperate for Q2 or else the stock will likely drop below that upper band and fall straight down to the lower band for support. So it's important to call that out here.

Having said that, it does feel like Wall St wants TSLA to go much higher and I wouldn't be surprised if Q2's earnings are given a pass IF they meet analyst expectations. The narrative will be about future growth products (Gen 3, Cybertruck, Energy). Always try to remember that Wall St wants max volatility and swings in a stock's price. The would probably love for TSLA to run all the way back to it's ATH since they've ridden it all the way down to $100 only to then reposition themselves for a good 30-40% drop and then flip again.

 

[JoRoMo]

View attachment 945029

 

[Knightshade]

Also after 10 green days there's statistically got to be one or more red ones soon, seems an odd time to move 100% of assets into a leveraged holding rather than doing it on the red day?

 

[2daMoon]

Pop goes the TSLA!!!

I haven't been hearing that tink, tink, tink noise of the crank being wound up for a while.

But, when I listen closely there is this extended booooiiiiiiinnnnng sound caressing my eardrums ever so softly in the background.

 

[M|S|M MYP]

Also after 10 green days there's statistically got to be one or more red ones soon, seems an odd time to move 100% of assets into a leveraged holding rather than doing it on the red day?

My buying of TSLL was a substantial portion of volume traded today - I would like to know what 'substantial portion of volume traded today' equates to.

 

[UncaNed]

It’s a company car and he wasn’t allowed to choose the car.
He will be allowed to choose his next company car. If his lease budget is not large enough I already promised him I’d refund him for the extra cost to lease a Tesla.
Now that Tesla has dropped the prices a lot I doubt my contribution will be needed.

You set an exemplary example for all dads!

 

[Dikkie Dik]

CyberTruck on track for production later this year.

Interestingly this article speaks of a minimum yearly production of 375K CyberTrucks.

Tesla reveals Cybertruck production plans to suppliers: Report

Tesla has reportedly shared its production plans for the Cybertruck with a group of suppliers, showing the automaker is still on track to deliver the first electric pickup trucks to customers later this year. The [...]

driveteslacanada.ca

 

[UncaNed]

Isn't it wonderful to have a car you can keep running in the garage without killing yourself and it actually makes the air more breathable?

So long as you don't keep your old ICE car for a spare, pull into the garage and forget to shut it off.

 

[2daMoon]

Perhaps $270 is next resistance level?

As the Vogon guard said to Arthur and Ford,

Resistance is futile! ​

 

[winfield100]

What is the latest wisdom on how to prevent lending out your shares if you have a margin account. Does having standing GTC share sales orders at moon prices do a thing? I'll happily let go of some if we should crush past the $1420.69 in the next few months, as unlikely as that is.

@Skryll
for one thing, pay off your margin, for another, contact the brokerage and get a specific answer from them.

 

[Artful Dodger]

There's are 121 GW wind projects currently pending in Finland, of which about half are onshore and half offshore. That's a lot. If there just would be a company in need of clean energy, plus maybe some lithium, nickel...

♫ Finland, Finland, Finland​

♫ It's the place I want to be ♫​

♫ With it's Mountains so Lofty, and so close the the Sea ♫​

♫ Finland, Finland, Finland​

♫ Finland has it all ♫​

Kippis!

 

[winfield100]

Buffett buying? Buffett buying!!!!

for a hint through a window dimly, follow the accumulation/distribution indicator, it's been generally pointing up the last ~4 weeks

 

[Southpasfan]

Converted my entire portfolio into TSLL today
My buying of TSLL was a substantial portion of volume traded today
What is happening on weekly chart of Tesla is extremely significant
This is exactly similar to what happened in late 2019 and an early 2013
This is a major Bollinger band breakout on the weekly chart. I am still in Europe and traveling but when I get a chance, I’m happy to post more detailed explanation and more detailed charts
Not financial advice nobody should follow what I’m doingView attachment 945030View attachment 945032View attachment 945035

Nice photos of Budapest! I found it interesting that the Chain Bridge, and for that matter all the others, had to be re-built after WWII as all were blown up by retreating Germans.

 

[GOVA]

Hadn't seen this mentioned

Tesla plans for 375,000 Cybertrucks per year, will have release candidates by late August

Tesla is planning to produce 375,000 Cybertrucks per year and have release candidates by late August, according to communications they...

electrek.co

Supplier info saying 375k CTs as the projected annual target, production candidates in August suggesting final production in October.

Which aligns well with what I had posted sometime ago - per store, CT showroom models in ~4 weeks on their floors. So, mid July, people can check them out in person.

 

[winfield100]

John A. Bollinger wrote the book. Cathie Wood wrote the screenplay.

View attachment 945026

... a little pink bunny wrote the review: "Egregious!".

Cheers to the Ticket Hodlr's

from what I see, the run began on 5/15

 

[larmor]

They even wrote about this in Business Insider...

Tesla owners are using air filter and 'bioweapon defense' mode to deal with wildfire smoke — Business Insider

Some Tesla Models come with "bioweapon defense mode." Using HEPA air filters and positive pressure, Tesla says you could ride out a military attack in one. Tesla owners posted videos of the mode in use amid thick wildfire smoke this week.

stocks.apple.com

It appears the MM don't enjoy thick dirty smoky air, and have realized that bioweapon defense mode is now relevant.

 

[Artful Dodger]

Elon: "Hmm, which 'most favorable terms' will I choose this year...?"

Add Spain to the list.

The biggest roadblock in European solar energy is connecting the grid from Spain to Germany thru France. Because of France's heavy investments in nuclear, they haven't (yet) permitted cheap renewable solar energy from Spain to be transmitted through France.

Perhaps Elon knows this, and it was a subject of discussion when he met Emmanuel Macron in Paris last month? France needs a win in this transition, getting some Tesla manufacturing facilities would help Macron at the ballot box.

 

[Artful Dodger]

from what I see, the run began on 5/15
View attachment 945043

Yup, as soon as the Tesla/Ford Supercharger deal was announced on May 26, 2023:

Martin Viecha on Twitter: "@Ford @Tesla This is fantastic news for EV adoption in the US!" / Twitter

♫ Hertz so good ♫