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

[SOULPEDL]

What are other States doing with IRA NEVI (Edit: Corrected by @ItsNotAboutTheMoney) money set aside for EV charging? What should they do given NACS momentum?

Arizona (ADOT) seems to have ID'd corridors for growth, but makes no claim as to the technology or supplier (good move). Will they use CCS tech or plan for Superchargers? (Consider there are many EVs not able to use Superchargers yet.) But older tech might not be the best future proofing strategy - unless it's temporary and can be changed? Maybe they should take the funding and invest in property and power delivery with a temp setup?

Their goal is based on the fact that there is no interstate commonality (US standard) which is contributing to both confusion and failures. So is NACS now the standard they should adopt going forward?

I also notice their chosen corridors seem to match where we also need Superchargers, but maybe they all just follow general traffic volume - including Tesla.

2023 EV Plan Update | Department of Transportation

2023 EV Plan Update The

azdot.gov

 

[ItsNotAboutTheMoney]

What are other States doing with IRA money set aside for EV charging? What should they do given NACS momentum?

Arizona (ADOT) seems to have ID'd corridors for growth, but makes no claim as to the technology or supplier (good move). Will they use CCS tech or plan for Superchargers? (Consider there are many EVs not able to use Superchargers yet.) But older tech might not be the best future proofing strategy - unless it's temporary and can be changed? Maybe they should take the funding and invest in property and power delivery with a temp setup?

Their goal is based on the fact that there is no interstate commonality (US standard) which is contributing to both confusion and failures. So is NACS now the standard they should adopt going forward?

I also notice their chosen corridors seem to match where we also need Superchargers, but maybe they all just follow general traffic volume - including Tesla.

2023 EV Plan Update | Department of Transportation

2023 EV Plan Update The

azdot.gov

NEVI isn't IRA, it's Infrastructure Investment and Jobs Act

@MP3Mike started a thread about Oregon.

Oregon getting close to opening RFP for first year of NEVI funding

Oregon has just announced details about the RFPs for the first year of NEVI funding: NEVI and future MHD contracts bid info Their plan is to open for the RFPs in October, 2023, with four weeks for submissions, and then make the selection for who will get the funding in November, 2023. There...

teslamotorsclub.com

I added some comments about Maine, which has the Efficiency Maine (About - Efficiency Maine) handling the program. Efficiency Maine has handled all the other EV programs.

 

[ggr]

It seems like the short sellers have paid their go-to guy to write another, his third, paper purporting to have found the reason for SUA events in Teslas.

Breaking: NHTSA Petition Claims Tesla Sudden Unintended Acceleration Is Real (but Fixable)

A new petition received by NHTSA's Office of Defects Investigation (ODI) asks to reopen the sudden unintended acceleration investigation based on new findings

www.autoevolution.com

Anyone think they have a media blitz planned to try to take advantage of this?

In case anyone misinterprets, the NHTSA just received this report from some random reporter, and NHTSA has said nothing about it. Misleading headline, as usual.

 

[GhostSkater]

As always

https://twitter.com/x/status/1676634778622197763

 

[DFibRL8R]

What are the odds of this getting asked and answered in a satisfactory manner during the July 19th call?

It would make for a fun question for this group of investors to collaborate on getting the question formed "properly" that produces a likely helpful answer. Honestly, while I think I want the answer, part of me worries that the answer might be too aligned with the mission for my personal tastes...

This has been my experience over the years as a Tesla investor listening to the calls. The answers given tend to be more mission-focused than financially optimistic (different than most public companies where the executives really emphasize profit and spin things towards the optimistic financially). As a result, the WS analysts get spooked from what Elon says and the stock price suffers.

 

[Hock1]

Tesla’s $25k suv and sedan would sell like hotcakes in Europe. Over a million units a year. It’s kind of strange they are starting off with North American production

A big part of that reason is rental car companies. Hertz has learned that Teslas are way less expensive to operate and maintain, not to mention when the Teslas are sold they will have driven as much as 2-3 times more miles than ICEs and will have a smaller degree of depreciation. I.e., additional profits on resale. It's a no-brainer for every car rental company.

 

[KBF]

When Toyota sold its TSLA shares they had a gain. When investors bought those shares Toyota sold and they held them until now, and sold they made more money. This si not difficult to understand. Both gained. Nobody lost. Stock market transaction can and do often have gains for both buyer and seller. Nobody lost.
Surely this is not difficult for anyone to understand.
Stock trades are NOT zero sum games. They are not gambling.
OTOH, in derivatives the story is different, there winners and losers are preordained. As in Casinos, the house wins, all others lose, Short term the house keeps the marks happy by letting somebody win big once in a while for a short time.

As fro "get something for nothing" you really need to examine your premise. Moon shots usually succeed only with enormous preparation, rigorous analysis and very great care.

Unless one takes into account future earnings. Opportunity cost is real. I sold $100k of TSLA after it had merely multiplied by 5. I made a tidy profit, and put some into savings accounts/GIC's, some other stocks, and used some of it for buying stuff.

On those savings accounts, I also made a profit, but not as much as if I had left it in TSLA - significantly less. The difference in profit is the opportunity cost I lost by making a dumb decision (in hindsight, but I still have $$ and plenty of TSLA shares so I won't beat myself up too much...)

So maybe not a zero sum game by pure definition, but an argument could be made that it is in principle when you expand context.

 

[Maarten]

Apparently today is Chumbawamba - Tubthumping Day for TSLA.
For those who do not know:

 

[wipster]

In that long term, many of us such as myself will be dead.

Yes, but hopefully the beneficiaries of your will continue to HODL... OK, HODL most of it.

I personally plan on living forever.

 

[Hock1]

A big part of that reason is rental car companies. Hertz has learned that Teslas are way less expensive to operate and maintain, not to mention when the Teslas are sold they will have driven as much as 2-3 times more miles than ICEs and will have a smaller degree of depreciation. I.e., additional profits on resale. It's a no-brainer for every car rental company.

Unless one takes into account future earnings. Opportunity cost is real. I sold $100k of TSLA after it had merely multiplied by 5. I made a tidy profit, and put some into savings accounts/GIC's, some other stocks, and used some of it for buying stuff.

On those savings accounts, I also made a profit, but not as much as if I had left it in TSLA - significantly less. The difference in profit is the opportunity cost I lost by making a dumb decision (in hindsight, but I still have $$ and plenty of TSLA shares so I won't beat myself up too much...)

So maybe not a zero sum game by pure definition, but an argument could be made that it is in principle when you expand context.

I'd rather not continue the zero-sum-game however, when MMS and other criminal types are able to sell shares that don't exist and in essence, through eternal FTDs, never produce stock that has been sold to an unwitting buyer, isn't that by definition a non-zero-sum game, de facto?

 

[MP3Mike]

In case anyone misinterprets, the NHTSA just received this report from some random reporter, and NHTSA has said nothing about it. Misleading headline, as usual.

Nope. NHTSA received the petition directly from the PHD who wrote the SUA paper, and then opened an investigation, DP23002, on it on 6/29/2023. (I think they are required by law to open an investigation into all petitions they receive. It doesn't have to be an in-depth investigation, but they have to look at it to see if it warrants a full investigation.)

Just to be clear, at this point it is an investigation into the petition, not of the Tesla vehicles.

 

[SmokyPeat]

Unless one takes into account future earnings. Opportunity cost is real. I sold $100k of TSLA after it had merely multiplied by 5. I made a tidy profit, and put some into savings accounts/GIC's, some other stocks, and used some of it for buying stuff.

On those savings accounts, I also made a profit, but not as much as if I had left it in TSLA - significantly less. The difference in profit is the opportunity cost I lost by making a dumb decision (in hindsight, but I still have $$ and plenty of TSLA shares so I won't beat myself up too much...)

So maybe not a zero sum game by pure definition, but an argument could be made that it is in principle when you expand context.

Is that like a baseball player negotiating a contract based upon all of the homeruns he plans to hit in the future?

 

[Drumheller]

Let's go.

 

[Dikkie Dik]

View attachment 953445


Let's go.

Sooooo… how does it smell?

 

[Drumheller]

Sooooo… how does it smell?

Better than I expected. I expected just burnt hair smell, like putting your arm over a candle. It's actually a cologne with remnants of burnt smell. Not bad at all.

Will make that my last post on this since it's way off topic.

I do hope to see tsla rising to new all time highs soon.

 

[Stretch2727]

GM's lack of EV progress. They stopped highlighting total EV sales in the powerpoint deck.

Q2 2023

Hummer - 47 - Down 80% over last year.
Lyriq - 1348
Bolt - 13959 off the pace of Q1 of about 20K, up 100% over last year when the recall was still going on.

Tesla's estimated increase units in the US Q1 to Q2 (about 18K units) is more than the total GM US EV sales. The really bad thing is they are launching the Silverado and Blazer have not even gotten the Hummer and Lyriq off the ground. yes, Mary lead.

https://investor.gm.com/static-files/54224c7a-7000-42c4-8f7a-47f5aecc4e33

 

[space_s3x]

 

[KBF]

Is that like a baseball player negotiating a contract based upon all of the homeruns he plans to hit in the future?

Yup, projections only provable in hindsight. Every contract is a gamble in that sense. In the stock market, we can evaluate a share by past performance, but that may not be as profitable as projecting. In sports it's a bit trickier in that you're buying and selling humans (so to speak) - some GM's reward vets with nice contracts in recognition of past contracts where they outperformed their salary (whatever that truly means, but I shouldn't digress too much!). Then it sort of balances out and can create goodwill which in turn incentivizes loyalty etc.

I'd rather not continue the zero-sum-game however, when MMS and other criminal types are able to sell shares that don't exist and in essence, through eternal FTDs, never produce stock that has been sold to an unwitting buyer, isn't that by definition a non-zero-sum game, de facto?

Naked shorting is so ridiculous... Don't get me started... The game is rigged, and the only (well, most reliable) way to win is not to play (HODL).

 

[SunCatcher]

Better than I expected. I expected just burnt hair smell, like putting your arm over a candle. It's actually a cologne with remnants of burnt smell. Not bad at all.

Will make that my last post on this since it's way off topic.

I do hope to see tsla rising to new all time highs soon.

The real question is, does it smell like burnt short hairs? Now that would be seriously on topic.
And.. I think might even be what the manufacturer/seller/supplier (Boring Co.) had in mind with the creation of such a product, no?

Perhaps more insight will arrive on the 19th...

 

[Big Time]

Nice move !! Capped but I’ll take it! Hopefully we move closer towards 300 by week end