TSLA Market Action: 2018 Investor Roundtable

[gtrplyr1]

Yes it would. We just all want to make lots of money for doing next to no work.

Yep. nailed it.

That and ..... I was planning on pulling the trigger on my Model3 when TSLA hit $500 .... which would obviously put that plan on hold.

I'd recommend that everyone relax ... taking this private would be a huge endeavor and there is a very good chance that the original number of $420 (pulled out of thin air) would change drastically. I'm not going to sweat any of this but I'll enjoy watching the shorts sweat .... this has got to be really bad news for shorts any way you slice it.

Cheers to the longs

 

[f?Re]

BTW , at $42



That plan would be rendered irrelevant if they go private.

Private companies can set compensation in any way they see fit.

This is correct.

Did the same as pz1975 and set orders for remaining with 420 strike + value for remainder, FYI

 

[Muaddid]

what the hell
my jan 2020 400$ call just went from having a nice +15% day to -3%

 

[Causalien]

I believe what will happen is that the stock will shoot past 420 and forcing elon to raise his buyout price.

An offer like this will bring forward all the future potential valuations and disregard any short thesis. The market will now value tesla on rainbows and unicorns.

Musk is right to do this at this time (for his benefit) , when short pessimism is highest and before tesla shows a profit.

 

[Toolsmack]

So why isn’t the current share price a screaming buy if this is true? 16% guaranteed return from $360 to $420. Why isn’t the share price reflecting this?

 

[aubreymcfato]

Ah....the heart truly shows itself with you guys complaining. I never got into TSLA to become rich, I invested because of the mission. Now who's whining?

I admit, I invested for both. I like the mission, and this was a major drive for investing in Tesla (I would have invested in Apple, Baidu, Amazon, Netflix instead). I also wanted to earn enough money to buy a Tesla, one day (and solar PVs and a powerwall). Tesla has been my only investment, one I committed 3 years ago, and I thought I could decide when to part from it, on my own terms. I really hope Elon knows what he's doing, but if he continues with the mission, I'll live.

 

[Mike Smith]

what the hell
my jan 2020 400$ call just went from having a nice +15% day to -3%

As I said previously, if you have out of the money calls you need to think about what a buyout at 420 means.

 

[elliott82]

What about calls under 420$, what happens to them if TSLA taken private?

 

[Mkorpal]

So why isn’t the current share price a screaming buy if this is true? 16% guaranteed return from $360 to $420. Why isn’t the share price reflecting this?

I’m guessing most don’t believe it. A single tweet isn’t proof of anything.

 

[MarcusMaximus]

Ah....the heart truly shows itself with you guys complaining. I never got into TSLA to become rich, I invested because of the mission. Now who's whining?

I only invested ~$7k(now $8.4k), definitely not enough to get rich at pretty much any price, but what I could put on hold to help the mission. That said, while I'd support and vote for this proposal, I'd be sad to do so. Being long feels like I'm a part of Tesla and a part of their mission.

 

[SGordB]

The sudden pullback began exactly to the minute (11:48 AM CST) Musk made that tweet. I THINK he was being facetious, but he spooked a lot of traders.

Oops. My mistake: SP popped from ~$357 to $371 immediately after his tweet; then back down to the low $360s two minutes after. Mr. Market said: "you had me going there for a minute, Elon."

 

[avoigt]

1. 
   
   
   Verified account 14m14 minutes ago
   Morning, can you confirm if you would retain control over the company? It wouldn't be an outright sale?
   

Elon Musk‏Verified account @elonmusk
Replying to @FredericLambert
I don’t have a controlling vote now & wouldn’t expect any shareholder to have one if we go private. I won’t be selling in either scenario.

 

[Mike Smith]

What about calls under 420$, what happens to them if TSLA taken private?

You'll sell them before it goes private.

 

[Causalien]

What about calls under 420$, what happens to them if TSLA taken private?

You lose all volatility and time premium

 

[Tenable]

What about calls under 420$, what happens to them if TSLA taken private?

You get converted to shares at the strike and liquidated. You lose all time value.

 

[JRP3]

Seriously? A little decorum, would be nice, I am not here to watch kids fighting in the playground.

How much money has TT007 cost you?

Not one penny, I never bought into his BS. I've explained quite clearly why I feel the need to counter his garbage posting.

 

[UnknownSoldier]

What about calls under 420$, what happens to them if TSLA taken private?

I'm holding J19 $400 calls, what do I do? I've never seen anything like this before ever.

 

[ggies07]

I admit, I invested for both. I like the mission, and this was a major drive for investing in Tesla (I would have invested in Apple, Baidu, Amazon, Netflix instead). I also wanted to earn enough money to buy a Tesla, one day (and solar PVs and a powerwall). Tesla has been my only investment, one I committed 3 years ago, and I thought I could decide when to part from it, on my own terms. I really hope Elon knows what he's doing, but if he continues with the mission, I'll live.

I bought my shares in 2012 right before the Model S went into mass production. It was always about the mission and if I made some extra money along the way, then great.

That is a nice plan, I was going to use my profit for another down payment on a Tesla years from now for my wife, but if it's better for the company to go private and spread sustainable energy/production at a faster rate, than so be it. The world environment is caving in on our species.

 

[ggr]

My take on the tweet (just my humble opinion):
1. Usually the premium is more like 30-50%, which as of this morning's open would be around $442-$510. $420 is too light.
2. I think Elon would have to recuse himself from the vote (but not certain about this)
3. Not all the institutional shareholders would get to participate in the private funding, for example the 401(k) backers like Fidelity. They won't agree unless they feel the price is right.
4. If the market thought this was a done deal, the price would have gone a lot closer to $420 than it did.
5. If he's serious, the fact that the stock is currently only $36x is an arbitrage opportunity.

 

[Causalien]

Well, I guess this is the end of the party for tesla investor chat.

I will probably miss you all.