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TSLA Market Action: 2018 Investor Roundtable

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Has anyone been following Renaissance Technologies' investment in TSLA?

I noticed a while ago that they had increased their shares, but since they are known as a quant fund (with huge returns) I assumed this was some sort of hedge or piece of an options play. An article out today suggests it is a straightforward investment. Billionaire Hedge Fund Guru Jim Simons Finds Promise in MU & TSLA
The article writer doesn't seem to know much about what he's talking about. I'm sure it's still a quant trade, even if it's a straightforward stock purchase. (Momentum trade perhaps.)
 
This is all just a precursor to when the Q2 financials come out. That's when I think you will see serious movement one way or the other depending on how the news is spun. Wouldn't surprise me to see one last move downward if the delivery numbers can be interpreted as disappointing, even though we all know they were deliberately help back for the tax credit. Maybe around $340ish?
I expect negative spin on Q2 financials, but what do I know?

Then Q3 financials, when Tesla shows profit and positive cash flow, will be spun as "gimmickry".

Q4 financials, however, which come out in February, will be pretty hard for anyone to ignore. If as many of us expect they show a clear profit, it's going to be hard to force the stock price down even if there's a trade war and a recession and the Fed raising interest rates and a Presidential impeachment.

I don't think it's coincidental that the 2019 convertible bonds don't mature until March 1.
 
"Derived from" is fine. Lot of work to do yet though. (Anyone else remember how much work it was to modify the Lotus Elise design for the Roadster by *lowering the doorsill*? Yeah. That sort of stuff again.)

Of course there is work to do. It is a different vehicle.

And Roadster is before Tesla had experience in building anything.

They are running modified Model X on rails in tunnels right now.
 
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Honestly, I'm a bit concerned about how the China sanctions announced today are going to affect the hopefully soon to be announced Gigafactory over there and hence the expected rise in the SP. Anyone else have thoughts on this, especially if that's where the Y is expected to be built...
 
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Honestly, I'm a bit concerned about how the China sanctions announced today are going to affect the hopefully soon to be announced Gigafactory over there and hence the expected rise in the SP. Anyone else have thoughts on this, especially if that's where the Y is expected to be built...

Y will be on two continents (per Musk's same continent regionality comment)
China was removing tariffs/ joint ownership requirements on EVs recently, so they might exempt them now.
 
So, we know that the short-sellers are still piling in, from S3's information. But we're rising fast on high volume.

This says to me there are some big-money buyers. Anyone speculating on who they are? Funds doing end-of-quarter window-dressing? A big long-term buyer building up a big stake? Momentum funds? Tencent? Lots of little-money buyers (unlikely but you never know)? Quants? We won't find out until weeks later, of course.
 
So, we know that the short-sellers are still piling in, from S3's information. But we're rising fast on high volume.

This says to me there are some big-money buyers. Anyone speculating on who they are? Funds doing end-of-quarter window-dressing? A big long-term buyer building up a big stake? Momentum funds? Tencent? Lots of little-money buyers (unlikely but you never know)? Quants? We won't find out until weeks later, of course.
I wish one of them were me. "Big money" is not a typical descriptor associated with teachers though! LOL!

Dan
 
Let me rephrase; only old people who want to reduce constapation like dates. :D

Dates are delicious, Medjool dates in particular are very nice. But all sugar, so I don't touch 'em.

I used to feel the same way about dates. However I've found they are a great way to add sweetness to food without the same negative effects of refined sugar. Soak dates in water overnight to soften them and add them to fruit smoothies or other dishes, and/or use date sugar, (dried ground up dates), instead of sugar. Dates and date sugar are whole foods with fiber and other nutrients and as such they are absorbed more slowly without the same blood sugar spike as refined sugar.
 
this deserves wider audience:

your analogy to 2013-2014 run up is correct. i have similar thoughts. looking at quarterly and monthly charts as well as weekly my best guess is that the price rise from $244.59 bottom in April 2018 to current is similar to rise from August 2012 bottom at $25,52 to Nov/Dec 2012 $35.80
however, this time the SP may rise even faster and more relentlessly in a parabolic fashion. it's a fool's errand to guess the eventual SP high but based on Jesse Livermore's Time Element concept i would give it another 7 months before a major pullback so end of December 2018. even that will be only a minor pause before the next leg starts.
those who are heavily leveraged and superlong $TSLA are about to become super rich by end of 2018 provided they do not lose their nerve and sell prematurely
 
My guess is we see a nice dip after Q2 delivery numbers and Q2 financials. Seems to be the narrative of bears and general media. I’ll get trading cash ready for anything under 330. Worse case we near 300 I’ll add to my long term holdings. Win win.

I expect a dip after q2 deliveries number, I think they will underwhelm. But q2 earnings call and outlook, assuming 5k steady state by then, along with high margin model 3 cars sold out through 2018, profitability and China announcement. It will officially be the end of the beginning for Tesla and trigger the short squeeze Elon has mentioned.
 
this deserves wider audience:

...
those who are heavily leveraged and superlong $TSLA are about to become super rich by end of 2018 provided they do not lose their nerve and sell prematurely
Bolded part: it's possible, even probable, but you can't know that for sure.
You sound like you know and are expert, but you were already wrong with the same claim in 2017.
One possible outcome of being brave and leveraged is to end up bankrupt (I know, I've almost done it).
 
Honestly, I'm a bit concerned about how the China sanctions announced today are going to affect the hopefully soon to be announced Gigafactory over there and hence the expected rise in the SP. Anyone else have thoughts on this, especially if that's where the Y is expected to be built...

It looks like the market did not react much to the Chinese tariff announcement. My interpretation is that by now we are expecting both sides to get more serious and engaged in talks to please one another for the better good.
 
this deserves wider audience:

your analogy to 2013-2014 run up is correct. i have similar thoughts. looking at quarterly and monthly charts as well as weekly my best guess is that the price rise from $244.59 bottom in April 2018 to current is similar to rise from August 2012 bottom at $25,52 to Nov/Dec 2012 $35.80
however, this time the SP may rise even faster and more relentlessly in a parabolic fashion. it's a fool's errand to guess the eventual SP high but based on Jesse Livermore's Time Element concept i would give it another 7 months before a major pullback so end of December 2018. even that will be only a minor pause before the next leg starts.
those who are heavily leveraged and superlong $TSLA are about to become super rich by end of 2018 provided they do not lose their nerve and sell prematurely
TT007, why do you think they will be in danger of losing their nerve and sell prematurely? Do you foresee a majoe dip be fore recovering by the end of 2018? In that case, why not hold off until the dip and then leverage up?
 
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