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And by pics I mean links to support your assertion. I think you still did not get my point. On the surface, his tweet caused the drops. But actually the shorts wielded influences with propaganda machine caused the drops, his tweets are just the alibi they use these times . If he shuts up and nobody pays attention to the persecution of tsla, shorts will freely create more lies and further destroy tsla. In a word, the current pain could be pale to the potential pain shorts can cause. Did you consider this possibility?
It's really interesting to see 2 types of people:
1. Ones that absolutely don't understand how you could be upset from a short term "loss". Elon is in this camp.
2. Ones that do get upset. I was quite intrigued seeing his all-time supporter(bottom), who leaves positive responses to almost all his tweets bark back at him.
Seems like a problem that some people that claimed to be supporters get upset? Some who trade options also call themselves supporters, although that's not really investing.
- how do you feel about emergencies? Say, tommorrow you (or relative) get sick and you need to withdraw a lot to pay for the treatment. Well, you're long and have 10 years to get your money back, right? Not really, you need money today and you only get back 2/3. Well, you have 10m and have enough for 10 emergencies. Congratulations! You have a full right to not understand why somebody would get upset. I think 10 years life savings would fit into this category nicely and correlate to cancer treatment costs which may or may not be covered by insurance.
- how about you're long in tax sheltered account and your short term account is 1/3 short after the tweets? When you opened it, you thought the chance you would need this money is pretty low. But some smaller emergency did happen, so it's not 10 years you lost, but maybe 1.
Agree that all investment is risk yada yada, your own fault. Just saying that longs are not the only supporters. Tesla did not benefit from your long money(and my money specifically), unless you bought at IPO.
So, somebody who's not "long", but was recommending products to their friends, would be more valuable to Tesla.
It is possible that some of these recommenders are upset and it is possible that this is related to tweets. Longs are not the only ones Elon should be concerned about.
There’s a good chance they are trying to do what’s best for Tesla investors but their input came from shorts complaints and media. Heck, even Gene Munster, ultra bull, suggested something similar. Not saying SEC or Munster were right.
The SEC gets complaints all the time from a lot of people and hedge fund managers. That's not something new.
If we are to make the SEC the enemy, I think we're going down the wrong road. Blame them, accuse them, call them names, and fight against them. That game is going to be uglier than most anyone here can imagine.
Now, I don't agree with the SEC and I think they're overboard in this situation. But you've got to think outside the box. Listen to their press conference when they announced the charges against Elon. They are very articulate in expressing the problem they're solving is protecting the public and shareholders from an out-of-control CEO.
EVNow
Well-Known Member
That's why you need insurance. Medicare For All can't come fast enough.
In any case, its beyond foolish to be playing with TSLA with that kind of (emergency) money. Put the emergency money in a CD ladder, not stocks.
The more I think about this, the more sure I become. IMO, Elon's slamming Tesla for a reason. Don't know if it's a buy-back, a squeeze strategy, or a go private part deux... doesn't matter. He's not that stupid to keep shooting his own feet while simultaneously hitting on all cylinders where it really matters. So he has a plan and none of us see it. I never was the religious type, I don't always need to fully understand things, but I sure as hell try to figure them out and this is what's most logical for me. Unfortunately, if you're not long or options trading, sorry wrong strategy. You don't save the world overnight.
Fact is, in the past month, I have not lost a single thing. I own exactly the same amount of Tesla (bit more) as compared to last month. Again, nothing has changed, "ignore the headlines." Common, no one else sees this? If I'm correct, I expect it to drop further. Maybe for 2 weeks if Saudi has anything to do with things. Buy what you can afford, all the way down. But sell, and you miss it all my friends in a flash.
Fact is, in the past month, I have not lost a single thing. I own exactly the same amount of Tesla (bit more) as compared to last month. Again, nothing has changed, "ignore the headlines." Common, no one else sees this? If I'm correct, I expect it to drop further. Maybe for 2 weeks if Saudi has anything to do with things. Buy what you can afford, all the way down. But sell, and you miss it all my friends in a flash.
sundaymorning
Active Member
Thanks for doing this Dave. I was wondering what on earth happened to you...the Tesla community could really benefit from your contributions right about now. Part 1 made a lot of sense, looking forward to part 2&3, more so on your suggestions on how to fix this fiasco.
sigh, another maladjusted troll.
yeah, you’re right, elon’s worthless. completely full of *sugar*. never accomplished a thing. it’s all just a dog and pony show.
whereas you, on the other hand...
Your zoomed into far there Smokey4141. It’s lower on the left higher on the right. That’s why we are called long investors. We are looking at the big picture. That’s why most people just ignore you and your ilk. You’re too busy looking at too narrow of a picture of reality. Long term, that’s how Elon thinks, and that’s why what he does excites me.
Bob Lutz says bankwupsy any day now. So does Sméagol and firebird. I mean, who you going to believe some random people on the internet? Or Bob Lutz, c’mon?
I used to think the same. Not anymore. I now think he is a genius in many areas but just plain dumb in this. Maybe because he has been successful for so long, that for the things that he thinks strongly about 'pedo' and 'short', he has trouble controlling his emotion
EVNow
Well-Known Member
For better or worse, EM has started a fight with SEC. Yes, it was better to have not tweeted that infamous tweet without doing the homework (as I've argued many times here).
But now that we are here, it is not unreasonable to ask why SEC took this action - and has done nothing about shorts or their practices (or for that matter 2008). SEC is mostly missing in action - except suddenly in this one case ?
I think we need to get some of our reps (Senators/Congressmen) to look into this. Can you imagine this happening in any other country ?
that’s possible, but i’m not so sure.
you can check a statement to find out if you are earning interest income for stock yield enhancement plan.
if so, and you want to opt out, just write or call the help desk and ask to be removed from the program.
the problem is that it’s all or nothing. you can’t select which stocks you want (probably unless you’re a big wig, or you work for one of the securities you own and you’re not allowed to lend as a regulatory requirement)
I'm not objective. I admit. I love Elon and I didn't doubt any second about him and I never will.
We want and love that Elon & his teams develop superior rockets, superior cars, energetic infrastructure, tomorrow satellites, AI hybrid devices...all to help humanity.
What drives Elon? Problems of humanity. He designed his products as solution to the problems of humanity which were no rocket program for mars, ICE cars that killing us, utility that killing us. He always pointed what is the problem and solving it, always.
Does he act different now? No! He just changed the area of his focus. The principle of changing bad thing for humanity is the same!
When he pointing abot SEC...do we think that with SEC is everything ok? I know that they are protecting bad guys who destroys good things. Is this good for humanity and also for themselves for longer term? I do not think so!
Shortes? They are earning money by problems in the companies. They are earning money where are also not problems in the companies. There are no difference for them between bad and good companies as they earn the money. Their motto: They will earn money even if the Earth is doomed tomorrow. They don't care. We are talking about Earth, our home, our lives.
Elon pointed all this. Some people want that his twitter will be quiet?! Not pointing any more what is bad in humanity? Why? Because they are afraid that SP will go down? The paradox is that all these good products are made on a base of problems! Without problems there will be no superior products. If you fogy problems you won't see the problem solving products!
Do we think that we can separate Elon from solving problems? Because that they want by silence on his twitter!
If we go back to the superior products and to implement them you hit to a lot of obstacles (bad things) which need to be changed: SEC, dealing network (legislation), press supported with money of affected power centers, shorters destroying everything...this is small revolution with a rapid change in the centres of power.
Shorters are showing us today that they have the power. Yes, they have. They don't want the change. But we are talking about Earth...us. We have to change if we want to survive. We just have to.
I identified that shorters (@FirebirdAlpha) are trying to attack demand for Tesla's car by linking negative press about Elon by saying that people will not by cars because of Elon. This try is doomed because people are not buying cars because of Elon any more but because of superiority of the car by any parameter. If there will be no Elon people would still buy Teslas.
The shorters power will clear some long lines. The remaining one will be true believers. Each day by falling SP our lines are more solid and probability for opposite trend is increasing. There are no negative facts! This is important. There is only tons of FUD which fogy the fact view. Good thing is that we reached breaking point of profit and Tesla is less depend on WallS. We all are pised when good news do not reflects SP. Next opportunity to change that is earnings report. I do not know if SP will increase having in mind that we have powerful enemy in front which represent all bad on Wall Street. We have to defeat him. Do not think that this will be easy.
Do we want a better world?
As my roots saying: We do not choose the enemy according to his power which stands in front of us, but according to the holiness behind us! We are in war and God save the longs!
We want and love that Elon & his teams develop superior rockets, superior cars, energetic infrastructure, tomorrow satellites, AI hybrid devices...all to help humanity.
What drives Elon? Problems of humanity. He designed his products as solution to the problems of humanity which were no rocket program for mars, ICE cars that killing us, utility that killing us. He always pointed what is the problem and solving it, always.
Does he act different now? No! He just changed the area of his focus. The principle of changing bad thing for humanity is the same!
When he pointing abot SEC...do we think that with SEC is everything ok? I know that they are protecting bad guys who destroys good things. Is this good for humanity and also for themselves for longer term? I do not think so!
Shortes? They are earning money by problems in the companies. They are earning money where are also not problems in the companies. There are no difference for them between bad and good companies as they earn the money. Their motto: They will earn money even if the Earth is doomed tomorrow. They don't care. We are talking about Earth, our home, our lives.
Elon pointed all this. Some people want that his twitter will be quiet?! Not pointing any more what is bad in humanity? Why? Because they are afraid that SP will go down? The paradox is that all these good products are made on a base of problems! Without problems there will be no superior products. If you fogy problems you won't see the problem solving products!
Do we think that we can separate Elon from solving problems? Because that they want by silence on his twitter!
If we go back to the superior products and to implement them you hit to a lot of obstacles (bad things) which need to be changed: SEC, dealing network (legislation), press supported with money of affected power centers, shorters destroying everything...this is small revolution with a rapid change in the centres of power.
Shorters are showing us today that they have the power. Yes, they have. They don't want the change. But we are talking about Earth...us. We have to change if we want to survive. We just have to.
I identified that shorters (@FirebirdAlpha) are trying to attack demand for Tesla's car by linking negative press about Elon by saying that people will not by cars because of Elon. This try is doomed because people are not buying cars because of Elon any more but because of superiority of the car by any parameter. If there will be no Elon people would still buy Teslas.
The shorters power will clear some long lines. The remaining one will be true believers. Each day by falling SP our lines are more solid and probability for opposite trend is increasing. There are no negative facts! This is important. There is only tons of FUD which fogy the fact view. Good thing is that we reached breaking point of profit and Tesla is less depend on WallS. We all are pised when good news do not reflects SP. Next opportunity to change that is earnings report. I do not know if SP will increase having in mind that we have powerful enemy in front which represent all bad on Wall Street. We have to defeat him. Do not think that this will be easy.
Do we want a better world?
As my roots saying: We do not choose the enemy according to his power which stands in front of us, but according to the holiness behind us! We are in war and God save the longs!
I genuinely think Elon needs help. I can understand he felt he has been wronged. Most of us here felt the same. However that is not how he should react, which not only hurt us small investors, more importantly, it hurts the employees who are in the trench fighting along with him. It's not good for his own health either. Overall bad for his mission, which he cares a great deal.
On the other hand there would be no space x or Tesla if not for him. Afterall, there was only one single person who had a dream of landing rockets and achieved that. So no, kick him out is not the solution.
I hope the wise folks here would be able to reach out to some of his friends and form a supporting group for him.
On the other hand there would be no space x or Tesla if not for him. Afterall, there was only one single person who had a dream of landing rockets and achieved that. So no, kick him out is not the solution.
I hope the wise folks here would be able to reach out to some of his friends and form a supporting group for him.
Long money is not specifically emergency money. You could hope that the risk of getting sick that way is 5% and your investments shouldn't stop completely b/c of such a small risk.
But thinking of this risk might make you upset when your investment goes down short term.
Also, insurance... I don't really know what's covered what's not until you face it. There could be some subscript that you missed. Hypothetically speaking, you could have relatives that are not your immediate family and are not covered. Yes, you should've bought private insurance for $2k/mo, but maybe you don't have the extra money right now and what's invested is tax sheltered and also not the best option to withdraw at a penalty and a loss.
I don't know why all other people get upset, I'm just speculating on some potential reasons.
In fact, the simplest explanation would be losing your job tomorrow & you don't have tons of other savings.
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I guess you stated the root of the problem. He doesn't understand how to pick a fight.
There are just too many problems in this world that even Elon Musk can't solve. And he should not try to tackle every single one of them his way.
Again I do think he needs help. I wish the wise folks here can come up with some action plan where we can find someone that he listens to.
sundaymorning
Active Member
Tesla: The Model 3 is now the best selling luxury car in America - CNN
Please keep focus Elon. We’re almost there. No more self inflicted wounds, bring back the old Elon please, I miss him.
Please keep focus Elon. We’re almost there. No more self inflicted wounds, bring back the old Elon please, I miss him.
anthonyj
Stonks
People are focusing on the wrong thing here... they don’t realize what Elon is doing. He’s pulling money from SpaceX shares and going private with the Saudi’s. They’re scooping up these half priced shares. Elon always has the last laugh. Honey badger don’t care.
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