TSLA Market Action: 2018 Investor Roundtable

[Drax7]

What a great idea! Jerry Brown would be awesome.

Ex governor Arnold loves cars and the environment
Would be a cool ambassador

 

[dmckinstry]

She's from Australia, where everyone is driving on the wrong side of the road - and they are all upside down as well!

Being from UK Buckminster probably considers the rest of us to be driving on the wrong side.

 

[skybluecgreen]

Ex governor Arnold loves cars and the environment
Would be a cool ambassador

Let's get both!

 

[Ghostman]

New motor trend article regarding today's track mode update. Pretty cool read.

Tesla Model 3 Performance Track Mode (Release Version): Ludicrous Handling - Motor Trend

 

[Chop110]

Whether it's rebalancing or other, we are seeing some serious price capping at around 352-353.

 

[Toolsmack]

I got a feeling a push to get under 350 is coming soon

 

[Buckminster]

Being from UK Buckminster probably considers the rest of us to be driving on the wrong side.

Tis important so that you can stab your enemies with your right handed gladius on the road as well as these new fangled forums.

 

[Carl Raymond]

I've been watching the closing action last few sessions. Somebody def has a strong interest in seeing the price close low. Two days ago they drove it down about $6. Yesterday it felt like the market was waiting for it, snapping up the cheaper shares "thanks for selling below market, we'll take those". The effect was a only a $2 drop.
Let's see if enthusiasm for the closing hour sell has dissipated today. It's like watching Braveheart.

 

[BioSehnsucht]

You can help. Look at what Mike Cannon-Brooks is doing on Twitter and help promote "fair dinkum" energy. The name is a bit naff but it seems to be getting some momentum. It also helps that one of our few billionaires is leading the charge.

The only place I've ever seen the phrase "fair dinkum" was in The Moon is a Harsh Mistress (where the protagonist/narrator refers to the computer that runs everything on the moon, which has become secretly self aware, as a "fair dinkum thinkum"). Never realized this was actually a phrase used anywhere.

 

[Chop110]

I got a feeling a push to get under 350 is coming soon

Waiting for the hammer to fall!

 

[Artful Dodger]

Ihor Dusaniwsky‏ @ihors3 26 minutes ago

$TSLA short interest $10.92 billion, 31.38 million shares shorted, 24.40% of float. 780k shares covered over the last week and 3.2 million shares in the 3rd & 4th quarters. Seeing additional covering today, over 300k net covering this morning. Shorts down -$141 mm on +1.8% rise​

 

[erha]

Volume is low these days. And it seems like price manipulation is not happening like it used to. Could we expect more boring days with slow and steady price appreciation?s

 

[BioSehnsucht]

Mazda plans electric push to avoid EU emissions penalties

Just to avoid penalties. Nothing else...

Mazda is kind of a weird case. For a while they were trying to make a hydrogen powered rotary engine, never quite got it to work in a way that could be commercialized. They've avoided all EV avenues even HEV/PHEV, but developed a not-quite-HEV method of using a combined starter/generator and a supercap or special battery or something to do something like a HEV but only for a very small amount of energy storage for a short amount of time. Which, let's be real, does make a difference, it's just not a proper HEV much less a PHEV.

They put a lot of R&D effort into avoiding the path well traveled, and while it allowed them to get a lot more out of gasoline engines, it sort of painted them into a corner.

 

[BioSehnsucht]

It kind of works better the opposite way. Clearly Tesla is Neo, and the short-sellers would be Agent Smith.

Except, if I remember correctly, at the end of the trilogy of movies it's implied that perhaps nothing he does even matters, it's just another method of appeasing the human mind so that it believes the simulation ...

Well okay, Elon has said that there's a chance we're living in a simulation. Checks out after all!

 

[SpaceCash]

Stocktwits finally coming for me. They seem to officially be ok with me talking all kinds of crap to the shorts though!

Volume is low these days. And it seems like price manipulation is not happening like it used to. Could we expect more boring days with slow and steady price appreciation?s

I am wondering if the torrent of complaints about WSJ and SEC has caused shorts to slow/stop their more blatant/gross manipulation out of fear? Maybe they have been rebuked behind closed doors? Maybe they're about to capitulate by EOD?

 

[BioSehnsucht]

Tesla (TSLA) surpasses BMW’s valuation as one soars and the other slips
Tesla (TSLA) surpasses BMW’s valuation as one soars and the other slips

'Funny' story about BMW. I used to own a 2006 BMW M3 (actually used to own earlier 1995 model as well). At a $60K+ purchase price, I thought this would be my 'last' car. A friend spent over $100k to buy a circa-2013 Model S P85. I thought he was crazy.. until 2 years later, when I test drove a Tesla. I traded in the M3 for a 2015 S P90D (over 2x the price of the M3). Then, in 2017, purchased an S P100D for the extra range and the possibility of FSD with autopilot 2.5 (and free lifetime supercharging, before it went away). The 2015 went to another family member. I love the hatchback, the huge amount of storage, and the fact that the S is an excellent highway cruiser (as I got older, I don't attempt to drive the S like I used to drive the more nimble M3, thankfully).

Every couple of months I get a letter from my former BMW salesman asking me if they can get me into a new BMW. I've been tempted to reply that I've since bought two Teslas that each cost 2x the price of the M3 bought in 2006. But I never wrote it.

Seems like BMW was betting on Tesla's failure and found out the hard way that the market is shifting much more rapidly than anyone had thought. Which other automaker is next?

Similar story, different price bracket. My previous car was a 2008 Mazda 3, now I have a Tesla Model 3. For the last ~5-6 years local Mazda dealership sends me flyers trying to get me to come test drive the new model and trade in the old one (apparently up until the last year the used market desire for the old one was still enough that they were offering incentives to trade in specifically my model / option package). Every time I would take my car in for service (no time / energy to do my own oil changes any more, just started paying the dealership to do it, and it was walking distance from my office) they'd try to get me to look at new cars. Of course I've been waiting on the Model 3 since before we knew it was called the Model 3, so there was no chance in hell they'd get me to go for a new Mazda 3 ...

 

[wipster]

Is this a private joke? Anyone want to catch me up?

Aussie Mate! We always drive on the right side of the road!

 

[Buckminster]

It's really game over for the competition now:
Tesla starts Track Mode rollout for Model 3 Performance
This is yet another great example of Tesla using typical Silicon Valley Agile software development - Wikipedia
Almost 18 months after the first production car, here comes what some of the competition will see as a fundamental "must have" feature required for day one to compete. What's the alternative, compete with a commoditised VW at $20k - good luck with that...

 

[Earlian]

Are we seeing the boring repetition of yesterdays last hour (Strong start, but than going down till the end)?

Hopefully we get something new today....

 

[Tslynk67]

It's really game over for the competition now:
Tesla starts Track Mode rollout for Model 3 Performance
This is yet another great example of Tesla using typical Silicon Valley Agile software development - Wikipedia
Almost 18 months after the first production car, here comes what some of the competition will see as a fundamental "must have" feature required for day one to compete. What's the alternative, compete with a commoditised VW at $20k - good luck with that...

I think there's room for both. Small VW-style compacts are super-popular here in continental Europe, I guess UK too?

If Tesla were to produce such a car in that price range they would seriously destroy all other manufacturers.