TSLA Market Action: 2018 Investor Roundtable

[ktrivedi70]

This is great news for Tesla. Research a bit about the new lawyer and his firm.
Williams & Connolly LLP is a prominent law firm based in Washington, D.C.. In 2019, it was ranked the most selective law firm in the United States. This new general counsel is the Chairman of Williams & Connolly. The firm has 200~300 attorneys, not a small firm. Everything Elon is setting up is top notch, he will not settle for the second best.

Statement from this new lawyer:
“Tesla’s mission is bigger than Tesla—one that is critical to the future of our planet.”
“It’s hard to identify a mission more timely, more essential, or more worth fighting for”

Statement from the leaving lawyer: “Being part of Tesla for the last five years has been the highlight of my career, Tesla has been like family to me, and I am extremely grateful to Elon, the board, the executive team, and everyone at Tesla for allowing me to play a part in this incredible company.”

I have no clue and also don't care if this news will affect the stock in near term. I expect Tesla to have spectacular growth in the next 3 years, and the next 10 years.

Edit: "In 2019" should be "In 2019 Vault Ranking List"
They are #1 among the most selective law firms;
#1 Best law firms for white collar defense and internal investigations.

I wonder if this is a sign that Tesla may be aggressively taking on some if the legal battles that they've been dancing around or halfheartedly dealing with over the years. 1) NADA/state's laws on selling without dealers 2) slander/defamation 3) market manipulation

 

[thx1139]

Donald J. Trump on Twitter
Donald J Trump: "China talks are going very well!"

He was ordering Chinese food

 

[AlexS]

Does shorts know that they are now fighting George Soros. He has at least 35 millions in March bonds. Fighting heavy weight champion is never good idea. He wants to convert on really nice gains in February.

 

[Wooloomooloo]

We have lift off...

$10 off a 52-week high and 15% of the average daily volume in 10 mins. Did someone lose a bet with Elon?

 

[EVNow]

NASDAQ shooting up as well.

 

[Todd Burch]

Hope KarenRei ain't still waiting for dat tree fiddy.

 

[tivoboy]

That was some serious volume in the front five minutes.

Someone here had feb380 calls from a while back. If we get that over ~40$ I think I’d call that a win. Maybe think about letting someone pay you to hold any remainder. ;-)

 

[sweter]

December just keeps on giving and its only 1st week!

 

[defc0n]

Sold again for now Will watch and see how things unfold.

 

[JoaoD]

This was the highest volume move since 29th November according to Yahoo Tsla charts.
Considering the stock level I would say there was some short covering done this morning, possibly a margin call.

 

[NicoV]

Went to the Ghent store to take a look at the Model 3. There was a steady flow of people looking at the Model 3 without long wait times, the store personnel said it has been similar to that since it was on display yesterday. They thought the people that had to see it ASAP had gone to the Zaventem store a week ago. They thought most of the reservation holders would go for the long range or performance edition, and only a low percentage would wait for the short range. They also said that new reservations for a LR or P would be delivered in H1 2019.
My wife seems to like the one that was on display (MC red with black interior). For the moment only Tesla employees can start ordering (in Belgium) but normally everbody should have had the chance to order before the end of the month.
To me that looks like they want to get as much orders as possible before the start their EU batch, so that they can produce as efficient as possible.

 

[brian45011]

I need "an advice"
I have most of my Tesla holding in my 401k IRA and some in my 401K Roth IRA. Since I have little doubt that the share price will increase. Would it not make sense to move as much as I can from the traditional IRA to the Roth and pay the tax hit now?

My timeline is roughly two years before I would start to cash out of any stock.

WEBINARJAM | Trump Tax Strategies for the Affluent (requires registration but if you are ~65 +/- worth watching)

 

[Cherry Wine]

Bounced off $377 twice now I think? Seems to be first big resistance of the day.

 

[anthonyj]

I’m pulling an ARK... had to sell some of my calls to keep my options under $50,000. This is all profit so I don’t care if I lose it. Feels good to take some risk off the table. Will be kicking myself soon tho

 

[Fact Checking]

We’ll probably get some selling into this pre market pop and an open over 370. Mid 36x during the day is highly likely. But this pre 371$. I’m loving it.

$10 stronger so far - might be early stages of forced short covering?

Unusually high volume as well, considering the seasonality of December trading.

 

[Dan Detweiler]

Love watching this...hate that I'm no longer a beneficiary. I hope all the faithful make a killing.

Dan

 

[pyromatter]

Tesla CEO Elon Musk on smoking pot, impulsive tweets

 

[UncaNed]

Hope KarenRei ain't still waiting for dat tree fiddy.

Wouldn't surprise me at all if it still happened. This IS TSLA, after all...

 

[homer214]

A 30 second SB commercial cost ~$5M depending on when it airs.

It would be reshown and talked about all over the media dozens of times.

I wouldn't advertise a car per se but make it a brand building ad.

Talk about The Mission. And the fact that Teslas are Made in America by an American company that are powered almost exclusively by American sourced energy which leads to National Energy Independence. Waive the Stars and Stripes a little. Chevy and Ford Truck Style.

While demand is solid in the US and increasingly worldwide, an absolutely soul grabbing branding ad might be just the thing to rocket sales and SP into the new year and beyond. Sorry for the off market post, but it looks like TSLA is doing splendidly today.

 

[Unpilot]

What does toothbrush taste like anyway?