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don’t know why we think thats going to save us. i’d probably prefer to give less info at this time. if the numbers are good, eff everyone.
but don’t celebrate. have to do it the next 2-3 qtrs as well, pay 3/19 conv, before you start tapping heavily again on prod Semi, Y
Looking ahead to next week, I cannot wait to see what this joint Musk/SEC letter looks like--oh, to be a fly on that wall.
the shorts want you guys to turn on each other in mutiny. stop it, little elons
dqd88
Member
lol exactly. I don't know what to make of Elon calling out blackrock like this.
Yeah I wouldn't want to be Elon's lawyer right now. "No we can't put that in the letter it would tank the settlement..."
Of anyone is so bullish medium term. Feb 2019 calls back up at 340/350 have gotten really pretty cheap. Everyone calling for 385-400$ after eanirngs should look there for some nice leverage.
Agree completely. We have to connect several data points together to announce the new normal.
sundaymorning
Active Member
I feel the same. What made you come to this conclusion? Please share your thoughts.
dqd88
Member
Your link says they held 11.2 million shares as of June 30. That's a huge gap to 21M in the article. 16M at beg of year.
Weird
I dunno, the CUV segment is on fire right now. Conventional wisdom would be to get an offer into that market ASAP. You might end up deferring a some Model 3 reservation-holders who really want an CUV but Model 3 is not demand constrained right now so you'll pick up repalcements and the upside is you will also pick up a bunch of potential new buyers for whom a sedan was a non-starter.
I’m a big fan of Elon Musk and Tesla.
My 2c:
- Company is in a fantastic position, well on its way to sustained, large profitability in the very near future.
- Q2 results were good, it’s the reason share price jumped so high on the day after Aug earnings, the bears lost any credibility to their bankruptcy argument that day.
- Q3 results will be fantastic, regardless of whether gaap profits are a little either side of break even.
- Following Q3 results, Q4 & 2019 revenue and EPS projections will all be heading higher.
- 2020 and beyond projections will be raised as Tesla reveals more details in the near future about Model Y and Shanghai factory timelines.
The best way for Tesla to destroy the bear arguments and short sellers FUD is to simply continuing to execute as they are, they don’t have to do anything else. It’s why I will remain a long term shareholder as they execute the long term plan.
=====
Having said all that, I think the prospects of near term share price increases have been severely negatively impacted over the last 24 hours due to last nights twitter activity. While there are many here who still think Elon should defend himself with guns blazing at the SEC, I think that is a tiny minority of all Tesla Longs. Most Longs, in my opinion, were happy that he settled with the SEC, and want him to just forget about the shorts and realize that Tesla Company results will destroy them in due course. As that no longer appears to be his chosen course of action, I think very few longs will add to their position, and it’s completely understandable why some would be trimming their exposure today.
Not an advice, but I think anyone investing for the long term will do just fine holding there shares or adding at todays price. But anyone expecting that large share price falls can’t happen from here - I would suggest that it’s worth reevaluating that assumption while Elon remains in fighting mode vs the SEC, and that potentially the DoJ can still end up laying a criminal case at any point in time. I wouldn’t at all be surprised to see a share price back in the $1XX range.
My 2c:
- Company is in a fantastic position, well on its way to sustained, large profitability in the very near future.
- Q2 results were good, it’s the reason share price jumped so high on the day after Aug earnings, the bears lost any credibility to their bankruptcy argument that day.
- Q3 results will be fantastic, regardless of whether gaap profits are a little either side of break even.
- Following Q3 results, Q4 & 2019 revenue and EPS projections will all be heading higher.
- 2020 and beyond projections will be raised as Tesla reveals more details in the near future about Model Y and Shanghai factory timelines.
The best way for Tesla to destroy the bear arguments and short sellers FUD is to simply continuing to execute as they are, they don’t have to do anything else. It’s why I will remain a long term shareholder as they execute the long term plan.
=====
Having said all that, I think the prospects of near term share price increases have been severely negatively impacted over the last 24 hours due to last nights twitter activity. While there are many here who still think Elon should defend himself with guns blazing at the SEC, I think that is a tiny minority of all Tesla Longs. Most Longs, in my opinion, were happy that he settled with the SEC, and want him to just forget about the shorts and realize that Tesla Company results will destroy them in due course. As that no longer appears to be his chosen course of action, I think very few longs will add to their position, and it’s completely understandable why some would be trimming their exposure today.
Not an advice, but I think anyone investing for the long term will do just fine holding there shares or adding at todays price. But anyone expecting that large share price falls can’t happen from here - I would suggest that it’s worth reevaluating that assumption while Elon remains in fighting mode vs the SEC, and that potentially the DoJ can still end up laying a criminal case at any point in time. I wouldn’t at all be surprised to see a share price back in the $1XX range.
You just know Elon is trying to finagle the phrase "who wears short shorts" into the letter
RoadsterPlease
Member
mostly the recovery of the nasdaq told me that the worst is over. Also I feel like we the worst negative news of the past weeks is over. That the stock is back at 260 now is making me question this conclusion again. But when I zoom all the way out to a long term fundamental view I always see it happening clearly, the EV transition because of CO2, the self driving getting better and tesla network disrupting the transportation sector, master plan part deux pretty much.
dandurston
Member
Folks on here are saying that Elon's tweets don't matter if the fundamentals/profits are good. The problem with this idea is that Elon's juvenile tweets are affecting the fundamentals.
A year ago if you talked to someone about Tesla they might have been excited about the cars or spew some BS about the company, but pretty much everyone agreed they'd like a Tesla. Now when you talk to someone about Tesla the first thing that comes up is Elon's behaviour. People are started to be embarrassed to buy the cars because of Elon's juvenile antics and his apparent lack of judgement and ability to choose his battles.
I hardly want to talk to people about Tesla anymore because the first thing that comes up is Elon's behavour and I don't want to defend that. His petty battles are making the cars less cool, which affects sales and ultimately profits. I've been long since 2014 but I'm close to bailing on this because Elon has had a million chances to grow up and he's declining them all.
A year ago if you talked to someone about Tesla they might have been excited about the cars or spew some BS about the company, but pretty much everyone agreed they'd like a Tesla. Now when you talk to someone about Tesla the first thing that comes up is Elon's behaviour. People are started to be embarrassed to buy the cars because of Elon's juvenile antics and his apparent lack of judgement and ability to choose his battles.
I hardly want to talk to people about Tesla anymore because the first thing that comes up is Elon's behavour and I don't want to defend that. His petty battles are making the cars less cool, which affects sales and ultimately profits. I've been long since 2014 but I'm close to bailing on this because Elon has had a million chances to grow up and he's declining them all.
tinm
2020 Model S LR+ Owner
No doubt once the letter comes out, people will be studying the first word of every paragraph, to see if, taken together, they form some hidden sentence, as well as make note of the first letter of each line of text, in case there's a secret message there ("SEC, go f*** yourself"). What a world.
Off Shore
Off Topic Member
Many people, but I ignore most of them. The word you're looking for is nauseated.
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