TSLA Market Action: 2018 Investor Roundtable

[Fact Checking]

Yes...but.... when it comes to Tesla financial some people demand ironclad proof. Yet when it comes to demand...or inventory ..or who may or may not want the cars...well then these same people can get away with whimsy and opinion...and "facts" as they see/want them to be.

Yes, it's 100% unfair and asymmetrical, and this is what makes it easier for shorts to troll Tesla.

It is what it is, and what comes around goes around: in 1-2 short years it's going to be ICE and oil companies under a cloud of (justified) doubt, it's going to be them having trouble changing, ramping up and competing, and Tesla supporters are going to argue from a position of strength.

And yes, IMO that shift in the public debate is really going to happen, and once it starts it's going to happen rapidly: haven't seen many ULA vs. SpaceX online discussions go against SpaceX lately. Results remove doubts and shine light on the cockroaches.

Patience.

 

[KarenRei]

I've never laughed so much while losing money.

 

[theschnell]

Maybe I have a quaint perspective, but I would think investor confidence should be built on how well Elon is executing and I don't think you can find fault in how the company is doing and I don't see any evidence of that changing.

I would imagine between the Q3 production ramp, delivery hell, and this BS with the SEC, Elon has been through the crucible these last few weeks. If he blows off a little steam with a snarky tweet, who cares? It's probably better than keeping things bottled up.

It's TSLA. It goes up. It goes down. Maybe take a breath.

Wow man, you're chill. You might be right, but why does he have to make it so painful for all of us?

I'm afraid he's going to be taken out as CEO, which I think would be horrible, but he's writing his own resignation, whether he intends to or not.

 

[CuriousSunbird]

Maybe I have a quaint perspective, but I would think investor confidence should be built on how well Elon is executing and I don't think you can find fault in how the company is doing and I don't see any evidence of that changing.

I would imagine between the Q3 production ramp, delivery hell, and this BS with the SEC, Elon has been through the crucible these last few weeks. If he blows off a little steam with a snarky tweet, who cares? It's probably better than keeping things bottled up.

It's TSLA. It goes up. It goes down. Maybe take a breath.

Fine for retail to say that, but I don't think institutional investors will be so sanguine.

Let alone Panasonic. Can you imagine how the BoD of a Japanese public company will view this? They're not quite as free & easy as we are over here.

 

[lklundin]

Jeez, did he really just tweet that?

Sometimes I ask myself, how one feels as a self-made billionaire.

Maybe one difference is whether or not one taunts the authorities...

Definitely have to dig out some dry powder now... Or maybe not?...

 

[Dangleitus]

Please tell me Tesla is not the next GTAT.

I don't want to wake up tomorrow bankrupt.

If so I'm going to dig a hole in the ground and hide in it. Hopefully Elon doesn't bore into me.

Not yet. GT was a one trick pony which pivoted from one business to another without a contingency. Oh yeah, Tom sold shares a month ahead of filing. A lot of good people lost their jobs.

 

[Tslynk67]

Well, it's a bit of a head-scratcher, for sure... As Slartibartfast said, "Great things are afoot"!

 

[trayloader]

 

[neroden]

TSLA's valuation is heavily based on Elon as CEO, like it or not.

If he leaves, there's little doubt share price will plummet to under $100 / share.

Until Q3 financial numbers come out, perhaps....

At some point, a company which is selling the 4th most popular car in the US for ASPs of over $60,000, with structurally low variable costs and very high growth rates, is an attractive stock purchase. If luvb2b's estimates are even close to correct, $100/share is going to be a quarterly trailing P/E under 10, by January, which is extremely lowball for the structure of the company. Panasonic is not going to stop partnering with Tesla just because Musk leaves for medical reasons. People are not going to stop buying the cars, either.

 

[CuriousSunbird]

Does anyone know where Elon is right now? Is he in a timezone where this could reasonably be put down to a little too much brandy after a good dinner?

 

[mickificki]

Something about this is fishy. It seems awfully calculated. 15 minutes after market close, relatively unprovoked?

Don't want to wear a tinfoil hat, but.

Let’s blame it on grimes

 

[theschnell]

I'm surprised stock only down 3% or so in AH. Maybe I'm overly sensitive and overreacting? I don't know. This seems like a super dumb move to me...

 

[lklundin]

There's only so much we can take before your strongest supporters have to re-evaluate

Elon Musk is just stressing his point that he definitely does not want investors who cannot endure volatility ?

PS. Edited in an essential negation, sorry.

 

[azaz]

there is to be something else here. it comes off very random. Either he's reacting to that report about SEC still investigating Tesla or there is some news coming soon.

 

[neroden]

Fine for retail to say that, but I don't think institutional investors will be so sanguine.

Let alone Panasonic. Can you imagine how the BoD of a Japanese public company will view this? They're not quite as free & easy as we are over here.

Panasonic is very pleased with Tesla's corporate execution and is accelerating the installation of additional cell production lines at the Gigafactory. I don't think they have the same "cult of personality" view of Tesla that so many over here have; they recognize that Tesla is more than one person.

 

[CuriousSunbird]

Let’s blame it on grimes

The LSD thing? I don't think there was any evidence for that apart from the allegations of that rapper, who seemed pretty crazy to me.

 

[Tslynk67]

Elon Musk is just stressing his point that he definitely does want investors who cannot endure volatility ?

Yeah I wonder this too, but seems an extreme way to shake out the weak ones...

 

[Leo9]

I'm surprised stock only down 3% or so in AH. Maybe I'm overly sensitive and overreacting? I don't know. This seems like a super dumb move to me...

It's dumb, but it's just a joke. The stock has already lost a lot in the last 3 days.

 

[omarsultan]

Fine for retail to say that, but I don't think institutional investors will be so sanguine.

Let alone Panasonic. Can you imagine how the BoD of a Japanese public company will view this? They're not quite as free & easy as we are over here.

But this is the point--this is not a Japanese public company. This is TSLA run by Elon Musk. You want TSLA-like growth it comes with Musk-like behavior.

Would you prefer a sedate, well-behaved CEO and say 50K deliveries this last qtr--because the two things are linked.

 

[phil0909]

Does anyone know where Elon is right now? Is he in a timezone where this could reasonably be put down to a little too much brandy after a good dinner?

We know the hours he keeps. This would only narrow it down to about 24 time zones.