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

[JimS]

(if I had not needed the endorphin "fix" of the casino of trading, and just DCA'd, i would have 20x the number of shares)

If we had not trimmed our TSLA positions before the splits we would have 53% more shares.

If we had not used the proceeds to invest in the “next Teslas” we would be a bit better off. (I don’t want to do the math on that one.)

If the dog hadn’t stopped to………rabbit.

 

[unk45]

$3B? We could have a whip-round hare and buy the company for that!

Factually, had we the credit lines we could buy the entire thing on margin and pay it off from dividends.
That would vastly increase my exposure to AAPL, but the increase in net worth could make several of us the world's wealthiest people by a huge margin. Elon would no longer be among the wealthiest, nor Arnault.
The capital gains alone could approach eliminating a national deficit or two.

I guess this is OT unless we could somehow buy TSLA for a similar discount from the present market price.

 

[amolina]

Check out this video showing thousands of BYD cars not being used. The creator of the video is extremely biased and talks a lot of unnecessary words, but good info point about how BYD got such a high number of EV's

 

[Electroman]

I need a green day, haven’t had one in a while

Agreed. It’s been a day since the last Green Day.

 

[StarFoxisDown!]

Check out this video showing thousands of BYD cars not being used. The creator of the video is extremely biased and talks a lot of unnecessary words, but good info point about how BYD got such a high number of EV's

There’s been enough anecdotal evidence for there to be at least a material chance that BYD is engaging in murky (channel stuffing their inventory and counting them as sales) to downright fraud (counting sales that they have of intention of ever actually selling). It's no secret that a good amount of their profit comes from government subsidies. They live off the Chinese governments teet.

Given the fact that BYD just the other day said openly they will not be entering the US market, sure you could take their word and say it's because of the IRA, but it could also be that they do not want to invite scrutiny. If their cost structure was so good, then even without the IRA, they should still be able to undercut a lot of legacy auto makers (who also aren't getting the IRA credit, or at least the full amount) and do decent sales.

 

[Knightshade]

There’s been enough anecdotal evidence for there to be at least a material chance that BYD is engaging in murky (channel stuffing their inventory and counting them as sales) to downright fraud (counting sales that they have of intention of ever actually selling). It's no secret that a good amount of their profit comes from government subsidies. They live off the Chinese governments teet.

Given the fact that BYD just the other day said openly they will not be entering the US market, sure you could take their word and say it's because of the IRA, but it could also be that they do not want to invite scrutiny.

Given they would remain a Chinese based company- what scrutiny do you image selling the US would bring that their selling in Europe does not, given the EU is certainly more highly regulated than the US?

If their cost structure was so good, then even without the IRA, they should still be able to undercut a lot of legacy auto makers (who also aren't getting the IRA credit, or at least the full amount) and do decent sales.

25% tariff on cars imported from China is a pretty massive hurdle to overcome even ignoring the IRA stuff.

 

[Marc_K_inNJ]

PSA: US markets will be closed this coming Monday for the Juneteenth holiday

 

[M|S|M MYP]

PSA: US markets will be closed this coming Monday for the Juneteenth holiday

You know you could have just waited till market close tomorrow to play Debbie Downer

 

[aubreymcfato]

I was at a birthday party at McDonalds (please don't ask... this what you've done to the world, US of A),
and a wild EV appeared.
This is the new Folgore, the EV from Maserati. Probably >200k€. This is the 94kWh version.
I was my son so I had to go, couldn't ask anything else.

 

[wipster]

sorry I made a faux pas, will y’all ever forgive me?!

Yes, but you may have to change your nickname to Small Time...

 

[wipster]

Oh good, there's some left. (Glaciers)
On our bucket list to sail around some Icebergs.

While they still exist...

 

[Marc_K_inNJ]

MM are working really hard to cap us. Probably trying to keep TSLA from crossing 260 for tomorrow’s close.
They must be having hard time with all the Macro tailwind
Hopefully the pressure will cause them to lose control a bit and rocket upwards (like the rest of the market)

 

[AudubonB]

With one hour remaining in the trading day, by my count TSLA has performed the Red/Green roundtrip cross twelve times today.
Reminds me of a certain high school date.

 

[Marc_K_inNJ]

Looks like TSLA is looking to monetize the NACS deal already...
Hey, wait those other OEM's didn't even implement it yet...

 

[2daMoon]

For any wanting to counter Hydrogen arguments, Lars offers some ammunition derived from recent research.

 

[JimS]

DeSantis Signs Bill Blocking Direct-To-Consumer Car Sales (With A Carveout For Tesla)

You'll be shocked to hear that dealer lobbyists support the bill.

jalopnik.com

I’m glad they carved out an exception for automakers of exclusively electric vehicles, but it seems like that could be challenged by ICE manufacturers, (to allow for direct sales), or ICE dealers, to disallow direct sales of electric vehicles).

Don’t read the last paragraph, it is too political.

 

[Unpilot]

All those wishing for a "pull back" ...or opportunity to buy at a lower price...sorry. I want a steam roller...a crushing of the short's.

Well the SP looks like it got steam rolled
..flat as a pancake all day

 

[StarFoxisDown!]

The recent run up in the stock price feels nice….until you realize Apple is 8% above its previous ATH, Nvidia is much higher than it’s all ATH, and Microsoft just hit an ATH.

Doesn’t really feel that nice now does it?

 

[growler23]

DeSantis Signs Bill Blocking Direct-To-Consumer Car Sales (With A Carveout For Tesla)

You'll be shocked to hear that dealer lobbyists support the bill.

jalopnik.com

I’m glad they carved out an exception for automakers of exclusively electric vehicles, but it seems like that could be challenged by ICE manufacturers, (to allow for direct sales), or ICE dealers, to disallow direct sales of electric vehicles).

Don’t read the last paragraph, it is too political.

Incredibly bullish.
There was a time that Tesla had so little political clout that there would have been no carve-out for EVs.
It would appear ... that time is past.

Still working on my avatar. Intended to show Tesla, these last few months, as punching (biting?) well above its weight. Underestimate at your own peril.

 

[Max Plaid]

Whip-round hare?

Damn Apple auto-incorrect!

Reminds me of a joke though about the bald man who tattooed rabbits on his head. From the distance they looked like hares...

Boom, tish! I'm here all week...