TSLA Market Action: 2018 Investor Roundtable

[Artful Dodger]

Hard to believe that the bulk of 400,000 orders were non-US. I'd be willing to believe that 10% of that number would be just from CA.

There were never 400K orders. That was the number of reservations. Big difference. An order is $2.5K and isn't refundable.

 

[MarcusMaximus]

It's all digital; there's no "physical" policy to print. I just emailed my insurance company to ask whether they could print something out to make Tesla happy. I simultaneously sent Farmers an email to see if they do one-day policies. Hopefully I'll find some "[email protected]-acceptable" solution tomorrow; I only have a few days to get this resolved.

Take a screenshot and print that?

 

[EVNow]

Hm.... I have a nice amount of cash incoming. In about 2-3 days I can use €. To convert it to $, I need 3 days more for the settlement period... If I'm lucky, the SP stays low until then.

It all depends on tomorrow's Fed statement.

 

[adaptabl]

8k in US, 400k was worldwide.

Most were for the 35K model less the 7.5K federal rebate and any state rebates.

 

[JRP3]

It's all digital; there's no "physical" policy to print.

Why not just make something official looking and print it out. I doubt this tool would know any difference, he just "needs" to be handed a piece of paper with words on it.

 

[kyzhk]

calls are on sale, I am getting some as lottery tickets (using profits from day trading covered calls and puts). Hopefully FOMC goes well and everything back to last week level.

 

[Fact Checking]

Q4 downside: The Fred tax of P3D discounts. 50m?

No way IMHO: if the take-rate for Performance is 10% then this limits the total number of Q3 Performance deliveries to ~5,600. But I'd say about half of those were P+ already, and this only affects the P- sales, and not all of them will be taking the refund.

$5m for every 1,000 refunds.

 

[EVNow]

heck my support levels posted yesterday. (okay, here I'll put them in again. 334$, 325$, 319$).. ;-)

So, we bounced back of 334 couple of times today. But tomorrow can be wild - depending on what Powell says. Nasdaq itself can be 2% up or 5% down. If its like today, TSLA can go 8.5% down - below that $319 !

 

[adaptabl]

No way IMHO: if the take-rate for Performance is 10% then this limits the total number of Q3 Performance deliveries to ~5,600. But I'd say about half of those were P+ already, and this only affects the P- sales, and not all of them will be taking the refund.

$5m for every 1,000 refunds.

There is no refund for p3- buyers. The effect of 0 dollars.

 

[gene]

You know, I had been shaking my head in disappointment about this feature. I really hate toilet humour, to the point that if something I'm watching decides to focus on toilet humour, I usually stop watching it. I mean, grow up people. And when Tesla came out with this, my reaction was, "grow up, Elon" :Þ

However, now that I realize that this is actually PRANK MODE, I have an entirely different viewpoint on this feature!

Karen, what had me laughing so hard was the visual of a few Tesla engineers sitting around making and choosing which if the fart sounds to use. In case you do not know, there are about 8 choices of sounds all with "interesting" titles.

With all the seriousness of news/fud/shorts/longs/charging speeds/competition or not is coming/on and on and on...etc, etc.....it is fun just to throw some humor into the mix. Oh yeah, and the "romantic mode", that's priceless!! Seriously, I would never buy another car without it.

 

[Ellec]

There is no refund for p3- buyers. The effect of 0 dollars.

Elon Musk on Twitter

 

[MP3Mike]

No way IMHO: if the take-rate for Performance is 10% then this limits the total number of Q3 Performance deliveries to ~5,600. But I'd say about half of those were P+ already, and this only affects the P- sales, and not all of them will be taking the refund.

$5m for every 1,000 refunds.

Actually it was only the P3D+ that got the $5k refunds originally. (Which have started showing up in mailboxes.)

But Elon just tweeted that the P3D- qualifies for the $5k refund as well.

My guess is that almost everyone that knows about it will take it. (As $5k in the hand is worth way more than FUSC.)

 

[tsunamiofhurt]

But Elon just tweeted that the P3D- qualifies for the $5k refund as well.

Timing may not be random here. I believe some of the P3- buyers are/were suing.

 

[Fact Checking]

Actually it was only the P3D+ that got the $5k refunds originally. (Which have started showing up in mailboxes.)

But Elon just tweeted that the P3D- qualifies for the $5k refund as well.

My guess is that almost everyone that knows about it will take it. (As $5k in the hand is worth way more than FUSC.)

Even if every single Performance sale qualifies and takes the refund it's about $25m max, and anecdotally there's people who don't want the refund.

 

[Ratanpara]

I think If Tesla executes well I do not see big trouble for Tesla ahead, First quarter worldwide high trim model 3 demand around 3-4 K weekly , 2-3 domestic, If things work out with china Model S X demand will increase, at end of first quarter if Model 3 standard battery is not ready may be standard interior will be introduced so with mid range 46 K go down to 42,250 with Federal rebates and with some states rebates it will be under 40 K, I could see some downward price adjustment on Auto pilot price , maintaing same margin with higher volume.

 

[anthonyj]

Timing may not be random here. I believe some of the P3- buyers are/were suing.

Absolutely ridiculous. So Tesla isn’t allowed to offer incentives or discounts? I very much dislike Fred

 

[AWDtsla]

No way IMHO: if the take-rate for Performance is 10% then this limits the total number of Q3 Performance deliveries to ~5,600. But I'd say about half of those were P+ already, and this only affects the P- sales, and not all of them will be taking the refund.

$5m for every 1,000 refunds.

Affects all P sales in Q3, both were getting refunds. Take rate for the refund will be interesting.

 

[defc0n]

I sold at $350.14 @ 9:32am (yes I'm still a believer in that being close to a daily top). Chart to me suggests there should be a new bottom at either $334, $325, or $310. Depends how much the FUD machine can pump before Q4 deliveries. A good chance I won't buy again until shortly before then.

Bought other stocks in hopes of a Fed bump tomorrow.

 

[Nocturnal]

Even if every single Performance sale qualifies and takes the refund it's about $25m max, and anecdotally there's people who don't want the refund.

Plus those who don't know about it.

 

[AWDtsla]

Plus those who don't know about it.

We had a blog that is getting picked up across popular news aggregators. I would think most owners would have found out already.