RobStark
Well-Known Member
You can drive a Salvage Title car in California, at least.
They are not necessarily junked for parts.
-
Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
- Status
You can drive a Salvage Title car in California, at least.
They are not necessarily junked for parts.
I still have an open $3000 limit sell order from the heady “going private” days of yore. I’m fine with leaving it open just in case.
tsunamiofhurt
Member
Seriously?!?!
We're all just guessing, of course, but InsideEVs has better sources than most people...
Krugerrand
Meow
And his hair.
And his willy.
And his shirt - has to be a weak long or stupid short.
And clearly he’s vegan (that’ll earn me a disagree or 10) and should eat a big, thick porterhouse slathered in mushroom gravy, loaded baked potatoe, two asparagus stems and three slices of Cheesecake Factory cheesecake. And wash it all down with a few shots of whiskey and puff of weed.
humbaba
sleeping until $7000
Well, my long position isn't changed by the shorts and their stock manipulation. But I'm not as sanguine as others about this changing just because profitability or cash independence is demonstrated over multiple consecutive quarters. Chanos was going after Solar City and when Tesla rescued them he switched to Tesla. He'll keep the stock pounded into the dirt for as long as he can because of pride. And the sad thing is I'm starting to think the shorts can do this -- largely thanks to complicit media.
Yes, it does cost them to keep all of those short positions. Sort of. I noticed Ihor saying that the funds don't actually have to keep money tied up, just have sufficient long positions. So they can keep Tesla shorted indefinitely on the strength of their other investments.
And, by manipulating the volatility of $TSLA, they are able to make money off their manufactured slides. So, in fact, the smart shorts are continuously milking $TSLA for money. Why would they ever give that up?
As I said, I think that in the long term $TSLA is only going to go up. But the shorts and their stock manipulation are, I think, around for the foreseeable future.
There's, like, four executive-level supply chain managers, if I remember correctly. Which makes sense. So this is one of four (with slightly different titles).
I still think they're just getting burnt out. Work-life balance needs to start happening at Tesla.
If you pause and think you know that market timing is hopeless. Be confident that 10-20 years from now TSLA will have likely outperformed other available options and the route it takes to get there and small ups and downs in that route, aren't really relevant and it's hopeless to try to time them.
I'd prefer fewer departures, or at least not hearing about each one, but I'd not going to get super worried until JB and Franz bolt.
The traders who are manipulating the stock to make money off of volatility will never go away, yes.
The groups who are campaigning for the automakers and big oil and the UAW will also never give up. (Though the big oil ones will run out of money in about 10 years.)
I believe the group who is trying to starve Tesla of capital will eventually realize that they can't do it and give up.
They don't know how to actually read P&L statements or balance sheets. All that time on Wall Street, and guys like Left and Chanos still don't know basic business economics 101, But they can read the bottom line with the intelligence level of an algobot, and eventually the profitability will be too much for them to deny and they'll give up.
I know I'm no good at it. There are people who can do it, though. I'm not going to bet my fortune on market timing, but I've been spending a lot of time learning and it may be worth making a small bet. (Like, maybe I'll take out 1/10 of my investment if the stock multiplies by 10.)
larmor
Active Member
Or they left for a better position, if i had a startup and need VC money, i would get the best possible people to ensure the best profile for getting funded...
Tesla has two dozen people at the VP level or higher, last I checked, and executive turnover is a fact of life in any business, let alone a Silicon Valley company in growth mode. But of course, that fact will never stop the hyperbole.
HopJokey
Member
The best strategy for long term wealth is to buy and hold without being leveraged. Now with that being said there are plenty of folks who can and do shorter timeframe type trading via options or strictly common shares.
Regardless of what type of investor you are the traits for success are universal - not trying to gain too much too fast, discipline, emotionally sound, proper capital/risk management, etc.
HopJokey
Member
One of my good buddies from high school and college worked in the supply chain management dept. for 8 months or so at Tesla during the 2016/2017 timeframe. The hours were insane and he couldn't take it and moved to a stodgy chill company that fit his style. No doubt Tesla is a seriously demanding company to work for similar to Amazon in its growth phase which will lead to turnover - it's something that Elon and co realize and are trying to address but at the same time doing something that's amazing and that's never been done before requires extraordinary effort from all parties which not everyone is cut out for.
But for every person who leaves there will be plenty others attracted to the situation and would like to join the mission of doing something wonderful. I myself wouldn't mind working at a demanding and challenging place like Tesla where I believed in the cause.
humbaba
sleeping until $7000
Amen to that. There are times I think it'd be nice to work for a company like Tesla. But then again... I have other priorities in life, and work is fairly low on the list. I do it so that the bills get paid (and my job is decent enough), but my family is my life. My employer is very flexible and definitely not in startup mode. Much more relaxed.
But for a younger me? I can sure understand the appeal of working for Tesla. Just not for everyone, or forever. Kudos to those that do it, and good call for those that decide it isn't for them.
Krugerrand
Meow
It can’t if you want TSLA at $1T and forcing others to get out of ICE/non-sustainability businesses in time to save us.
The pedal has to be mashed and held to the floor.
- Status
Similar threads
- Locked
- Locked
- Locked
- Poll
