TSLA Market Action: 2018 Investor Roundtable

[RobStark]

Legend has it that Tesla rose to fame without ever paying the media for advertising. It might be a fantastic Super Bowl ad. But it would destroy a legend - one that keeps on promoting forever, for free.

Tesla has proven you can sell 250k cars per year in the US to early adopters.

Not 2.5M cars per year in the US to a mainstream audience without any advertising.

 

[humbaba]

It’s actually the longs that are manipulating now. Creating bear traps to squeeze more weak retail shorts

I'm curious what longs are doing that is manipulating the stock?

I do like the ~1% lead on NASDAQ, but given behavior this morning I'm not counting on it lasting. (Which probably means its going up -- where's @tivoboy with a more accurate assessment?)

 

[wipster]

Looks like a little mid morning Viagra was slipped into the coffee!

 

[shrspeedblade]

Since it's the Christmas season, softly off in the distance, "Do you hear what I hear?"

(SSSSQQQQQUUUUUUUUEEEEEEEEEEEEEEEZZZZZZZZZZEEEEEEEEEEEE!)



J/k, I expect a slow grind up, but you need to have some fun on days like today!)

 

[Cherry Wine]

Could be a bounce off of $369 (lower BB on 1min chart). Lower BB on 5min is much lower.

 

[BrooklynEV]

In my Amertrade news feed for $TSLA, they had the article about the Moody's rating of this new auto lease bond. As soon as that posted, the stock shot up. Now they pulled it and replaced with two articles about Musk retiring the "honorific" title of Chairman in 3 years. Anyone else noticing this?

 

[BrooklynEV]

It's back in my feed now. That was strange and aggravating.

 

[Cherry Wine]

If there's this much excitement over the rating of the auto lease bond, an upgrade will send this stock up significantly imho. Thoughts?

Also, I wonder if some algos / jumpy traders read the news as an upgrade of Tesla overall by Moody's (unaware of the auto bond issue).

 

[KarenRei]

I was looking for an excuse to sell some $250s Feb '19s to upgrade to a higher strike price. Sold when the stock was ~$372. Now comes the question... hold onto the cash until later in the day, or buy the replacements immediately... hmm.... I'll give the stock a bit of time, I think.

If it gets up to ~$374, though, I'm buying immediately. ~$372 isn't a sell point for me.

 

[RobStark]

Daimler is buying over $20 billion in battery cells to support electric vehicle plans
Electrek for those that can't stand Fred anymore...

"Intends to purchase..."

 

[Pezpunk]

i timed this just right.

 

[wipster]

Looks like a little mid morning Viagra was slipped into the coffee!

Well it was good while it lasted...

 

[Curt Renz]

Well it was good while it lasted...

The TSLA pull back from the day's high appears to be macro related.

 

[gtrplyr1]

Tesla has proven you can sell 250k cars per year in the US to early adopters.

Not 2.5M cars per year in the US to a mainstream audience without any advertising.

Tesla will never be able to educate consumers with 30 second clips that cost way too much. The BEST advertising for selling cars will be the 250k cars they sell in the US and their owners.

I'm convinced that Tesla never needs to pay for advertising ... especially since Tesla's target market is very internet savvy ....

Let Ford, GM, BMW and all the rest of the "established" car players continue their race to the bottom ... I want NO part of that business nor do I consider them competition for Tesla. Wake me up when a company is selling a reasonably priced EV in mass. EDIT: When ANOTHER company ... : )

Cheers to the longs.

 

[wipster]

The TSLA pull back from the day's high appears to be macro related.

It's a good thing the day and week are still young! All joking aside (I agree, weird for me), I love the general direction of the SP and the company and I really look forward to the first few days of January when the deliveries are announced.

To the Moon Alice! Maybe even Mars!

 

[Fact Checking]

The TSLA pull back from the day's high appears to be macro related.

Yep, after a good start macro turned a bit lousy:

• NASDAQ gave back most of the overnight gains and only bounced back a bit from yesterday's closing levels.
• Dow gave back most of the gains as well and is below yesterday's closing now.
• Dollar is strengthening and Euro weakening - possible Brexit worries

But the Moody's rating news for theTesla Finance bonds obviously discredited the short thesis even more, the whole bankwuptcy and 'have to finance from the market' thesis still looms large in short seller circles and they better cover while macro is still lousy.

 

[avoigt]

Ihor Dusaniwsky‏ @ihors3

Ihor Dusaniwsky Retweeted Justin Charron

Seeing additional $TSLA short covering today ... several hundred thousand shares of net covers so far this morning

Ihor Dusaniwsky added,

9:23 AM - 11 Dec 2018
Ihor Dusaniwsky on Twitter

 

[MarcusMaximus]

Tesla has proven you can sell 250k cars per year in the US to early adopters.

Not 2.5M cars per year in the US to a mainstream audience without any advertising.

Tesla can’t produce 2.5M cars per year in the world, let alone the US. At some point, they’ll probably need to advertise. That time is not even close to being here yet.

 

[EVNow]

Looks like another slow fade.

Nasdaq pickup up 20 points starting at 12:20. Tesla faded $1.

 

[M3Rider]

Ihor Dusaniwsky‏ @ihors3

Ihor Dusaniwsky Retweeted Justin Charron

Seeing additional $TSLA short covering today ... several hundred thousand shares of net covers so far this morning

Ihor Dusaniwsky added,

9:23 AM - 11 Dec 2018
Ihor Dusaniwsky on Twitter

How come they get to cover into a falling SP when the rest of the market is up? Doesn't make sense.