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

[SOULPEDL]

Free charging in europe is gonna be a real stresstest for the network.
Already a lot more busy then normal and the peak will be in a few ours when everybody is going home from work.

Not a lot of media coverage but when lines start forming i am expecting a lot of articles.

Fun to watch tesla app to see it getting busier.

edit: also fun to watch SP

Great advertising!!! I hope there's a 1,000 traffic jams as a result of free charging so that everyone learns about it and how they also do this for disasters!

In the end, folks be sayin... "Wait what? 10 years... Super Chargers have been around for 10 years? I thought Tesla was new?"
To which we'd reply... "Are you new?"

(Edit to add that the SC system is being stress tested in a non-emergency situation. This is an EV charging and infrastructure drill.)

 

[Buckminster]

https://twitter.com/x/status/1696519161428476258

Peak gas in China

 

[Drax7]

“Biggest step change in asset value in history” Elon Musk
when fsd is approved .

hmmm,” the game’s afoot “ , Shakespeare

 

[AndrewZ]

https://twitter.com/x/status/1696519161428476258

Peak gas in China

When does China hit peak coal?

 

[betstarship]

Call the interns. Something is broken. TSLA went UP all of a sudden.

Whatever is the opposite of "The Sky Is Falling" could be appropriate to say at this moment.

I'm sure this too will pass, but, WHEEEEEEE, it is fun in the moment.

Edit: @JusRelax seems to have provided the answer.

It's RIVN too

 

[Artful Dodger]

Call the interns. Something is broken. TSLA went UP all of a sudden.

Whatever is the opposite of "The Sky Is Falling" could be appropriate to say at this moment.

More here:

zerohedge on X: "This was the biggest 3-month drop in US job openings on record, excluding the economic shutdown during covid. https://t.co/avRWGp6ULe" / X​

Moar here:



Cheers to the Job Seekers!

 

[Singuy]

Looks like the market liked the JOLTS... Mary should name the next GM EV the JOLTS.....

View attachment 969219

I can rationalize a lot of things but this just has me for a spin.

I get that people want lower interest rates...but the rational is

*we want to see bad so the fed can make it good vs it actually being good because when the economy is good, the fed will want to make it bad.

What?!@

The market just wants the stimulation of the economy vs an actual good economy.

 

[UncaNed]

Free charging in europe is gonna be a real stresstest for the network.
Already a lot more busy then normal and the peak will be in a few ours when everybody is going home from work.

Not a lot of media coverage but when lines start forming i am expecting a lot of articles.

Fun to watch tesla app to see it getting busier.

edit: also fun to watch SP

Perhaps that's the idea- the resulting stresstest data will be useful to Tesla.

 

[Drumheller]

Tsla is underperforming many others on my watch list.

 

[Nakata]

Last post about free supercharging europe.

Cool link to follow supercharger usage.

SUC MAP

 

[lascavarian]

“Biggest step change in asset value in history” Elon Musk
when fsd is approved .

hmmm,” the game’s afoot “ , Shakespeare

Game indeed, I wonder which way?

 

[GOVA]

Last post about free supercharging europe.

Cool link to follow supercharger usage.

SUC MAP

Looks quite fine to me 1700 hours there or so. I'd say, get moar chargers for sure if we expect the growth.

 

[madodel]

More here:

zerohedge on X: "This was the biggest 3-month drop in US job openings on record, excluding the economic shutdown during covid. https://t.co/avRWGp6ULe" / X​

Moar here:

View attachment 969233

Cheers to the Job Seekers!

Who is "Joe Openings? But it looks like he's finally coming off of his COVID highs.

 

[AndrewZ]

I can rationalize a lot of things but this just has me for a spin.

I get that people want lower interest rates...but the rational is

*we want to see bad so the fed can make it good vs it actually being good because when the economy is good, the fed will want to make it bad.

What?!@

The market just wants the stimulation of the economy vs an actual good economy.

The market wants rates to come down while the economy is still good and will optimistically price that in when it seems to be happening.

In historical reality, rates stay high until actual economic damage occurs. When people start facing job insecurity because higher interest rates have sufficiently cooled the economic engine, as will likely be necessary to stamp down inflation and ensure it doesn't flare back up when rates are cut, reduced consumer spending flows through to corporate profits and affects the earnings side of the equation. Multiples expand with the rate cuts but earnings continue coming down, and that has historically been when the market bottoms.

 

[phantasms]

The market wants rates to come down while the economy is still good and will optimistically price that in when it seems to be happening.

In historical reality, rates stay high until actual economic damage occurs. When people start facing job insecurity because higher interest rates have sufficiently cooled the economic engine, as will likely be necessary to stamp down inflation and ensure it doesn't flare back up when rates are cut, reduced consumer spending flows through to corporate profits and affects the earnings side of the equation. Multiples expand with the rate cuts but earnings continue coming down, and that has historically been when the market bottoms.

Thank you for stating the obvious which most, including CNBC, seem to forget. I look forward to emptying my 5.3% yield Marcus savings account and buying the dip in the next 12 months or so.

 

[insaneoctane]

Funny FUD...
Elon Musk's Tesla almost ran a red light during a FSD demo

• Elon Musk's Tesla almost ran a red light at a Palo Alto intersection while demoing FSD software.
• A video appeared to show Musk taking the wheel after the software misread a traffic signal.
• The billionaire live-streamed the drive on X, formerly known as Twitter.

......
During the video, the Tesla CEO may have violated California law by holding his phone during the live-streamed drive. When contacted about the potential violation, the Palo Alto Police Department told The Verge they wouldn't be issuing a fine because police didn't see the incident themselves.

 

[Artful Dodger]

Who is "Joe Openings? But it looks like he's finally coming off of his COVID highs.

Barista work, I presume?

 

[Buckminster]

Threads of the day:
Bitcoin, Cryptocurrency and Blockchain Discussion Thread SEC lose - TSLA up
Dogecoin Above could mean Dogecoin ETF. Also, X approved for Crypto.
FSD discussion H100s could be as much as a 7X compute increase

Also:

https://twitter.com/x/status/1696554317702943114

Same day as Elon Biography comes out.
No replies pls

 

[AudubonB]

Job Openings report -

Decade after decade, some BLS data are notorious for being poor, and subject to revisions that can be quite substantial. I do not know if today’s JO are one such; regardless, it sure seems the market both likes that as well as giving far more credence to Dan Ives than to that pathetic “almost ran a red light” hit piece.

 

[jkirkwood001]

For all you Canucks .. what is is going on in Canada? -9% in 1H23???
View attachment 969200

After just returning from a trip around Iceland and then Scandinavia, I'm embarrassed by this stat.

I think a big factor is the pro-fossil fuel policies of the government in our largest province, Ontario (pop. 15.1 million, about 39% of the whole country). Currently there is no provincial incentive to buy an EV in Ontario. A rebate up to CA$14,000 per EV was discontinued in 2018 (months before I was delivered my Model 3 ). There is a federal incentive of CA$5,000 for BEVs.

EDIT: As someone who volunteers for a Renewable Energy Coop, I also know there are no general incentives to build more renewable energy projects in Ontario (our hydro monopoly will not pay for energy above the local demand generated by a new solar or wind farm). Yes, we just promised Stellantis and LG $15 billion over 10 years to build a battery plant, but that's not a general fund. (Can you imagine US governments giving, pro-rated, $150 billion dollars to the private sector for one project which, in the end, should be profitable on its own??)

EDIT: Of course, Alberta, our 4th largest province (pop. 4.5 million) and home to the infamous "oil sands", also lacks an EV incentive.

We have a fight against Big Oil in Canada!

As time goes on, a financial incentive will be less and less important for consumers to choose an EV over an ICE. But for now, it still helps with the up-front sticker shock.