TSLA's beta was at most something like 1.5 and its beta has stayed, for the most part, close to 1, and mostly under 1.

Here is the beta over three periods as well as the stock price development in the past 2 years.

I don't understand what you think that graph shows. TS said he was long Microsoft over Apple five years before the graph was posted, and the posted graph shows Microsoft outperforming Apple. Maybe there's more to it, but again, that post and graph is far from compelling evidence of whatever it is you're trying to convince people of about TS.

somi,

This is a good time to ask yourself "Does the graph show what it is claiming to show?"

I know you don't really think critically about these things, but maybe this once give it a shot.

I am excited for earnings call even tho I think Tesla is a buy into earnings. I mean what bad news would they reveal that isn't already known? Clearly they will lie about production, lie about cash needs, low about model y, like about Chinese factory


Sure seems like a 5% bounce up

i'm in.
about 20% interested in their explanations and outlook and 80% because of elon talking incoherently about anything and everything.

"With the adoption of the new revenue recognition standard starting January 1, 2018, lease accounting generally applies only to vehicles directly leased by us without using bank partners. As a result of this change, only 8% of our deliveries in Q1 were subject to lease accounting."

Are there some shenanigans going on here? Last quarter that number was 23%.

First earnings call I've listened to... wow these guys are running a clown show.

Unable to provide any specifics on battery production cost metrics, or their production speed lagging vs competitors, or the reasons behind the "planned" production shutdowns. Random deflection about how their factories are two of the largest buildings in the world. Proclaiming that manufacturing is primarily a software problem (and Tesla is well-positioned because they have the best software in the industry), and that the Model Y will be a "manufacturing revolution." Cutting off questions about capex and reservations/configurations because they're "too dry". Dismissing the strategic implications of opening up the supercharger network because "moats are lame."

Lol, holy **** at this call


Elon just said he studied physics in college


This is amazing

This entire call is an unmitigated disaster.
I'm tempted to triple down on my short.

You have not been disappointed

Elon just pulled the "I studied physics in college" trump card out


Bullish

ARE YOU NOT ENTERTAINED?

Dude, he studied physics in college


Also shade at porche now


The questions have been awesome so far, no idea why he passed at talking for an hour on jonas softball

Elon def not opening questions to even the biggest tesla fanboys anymore

"Moats are lame"

We don't think about the semi much, no model y in 2019


Keep talking elon

There is no way in hell the market and the analysts are not going to punish him for this call.

I bought many dimes worth of June lottery puts for lulz because I was doing well in basketball betting, holy hell I'm wondering if I'm going to get 7 figs off of this now.

"People are too focused on what happens in a few weeks or a few months."

Analyst: what do you estimate capex to be for 2018?

Elon: next, boring questions not allowed

This thread is a great read.

Here's the thing everyone here seems to be missing about Elon.

Pretend you didn't actually care about money, but truly about just getting into a position where you have the ability (resources/infastructure) to build and create whatever the hell you want. To accumulate enough money to do that yourself (on your dime) would take several lifetimes. So if that was me and those were my #1 life goals period, I'd probably go about it exactly like Elon is doing. I don't think for one second he believes his own bull**** in these calls. What I do believe is he has his own calculated reasons for saying it.

I honestly think he DNGAF about shareholders or any of that stuff. He's playing this 'role' so he can continue to build/fund and create his visions: send rockets into space, populate the world with electric vehicles, have solar power become more widely adopted, build flamethrowers. This is what he cares about. Listen to him talk. Do you think he wants to be known as A) the guy who had 9 profitable quarters in a row and appeased shareholders and played it safe? Or B) The guy written into history books as the first person to colonize mars (profits be damned?). Hint: He's an idealist. He's chosen the critical path to get this done -- maybe somewhere shareholders will profit along the way, but that will be a secondary effect and not his primary goal.

And remember: These are all great things, and hopefully the 99.99% of us that are being dragged along for this ride recognize this for what it is. What everyone is missing is him doing this != being a good investment to buy into. Soon as you start to realize he's doing whatever it takes to be in a position in order to do all those above things, his behaviour/actions makes sense.

A necessary part of this story is throwing out carrot sticks to all these (got to borrow Toothsayer language here cause it's great) cucks who believe in him verbatim (and not in spirit) and are trying to lazily profit off it. I honestly think he does not give a **** about profiting or appeasing shareholders (no more than as a means to an end to keep this engine running for optics) and it's calculated by him to continually play up this PR stuff (next quarter, next year..) with as much leeway as stakeholders provide him so he can continue to build out these projects and actually have a go at innovating his dreams into reality. And honestly, even if he doesn't pull it off and his innovations go nowhere and Tesla goes bankrupt I tip my hat to him for trying, seriously. You only have 1 life, the only losers in this story will not ever be Elon for trying/failing at his dreams (as an aside: why would you knock someone for that? Especially when if they came through it would be a massive net positive to society). But that title will fall to the large institutional funds that got taken along for the ride. Zero sympathy there and fk em for not being able to figure it out sooner anyhow. He's playing 3D chess with a bunch of people staring at a checkers board in order to continue to have the funds & the network around him so he can have a swing at doing what he genuinely wants to do.

Seriously, how can anyone hate this guy? Maybe if you own his stock. I don't see why any anyone else would. End of the day he's out there keeping his hustle going, and convinced enough people to throw billions at him. I also believe that he believes he's using those resources given to him to the best of his ability -- perhaps that could be seen as fraudulent in a technical shareholder sense, but not in an idealistic sense. I care much more for the latter and don't really care to dive deeper into the former. So here's where I'm at.

I'm firmly on team #Elon.
I'd also never own 'Musk' stock to make money. I would consider it a donation towards mankind and not expect any sort of positive ROI. However;
I'm definitely cheering for Tesla/SpaceX to pull it off. In a parallel world I think the world would be worse off if these companies did not exist.
Viewing this in probabilities I think the most likely outcome is Tesla shareholders will probably get wrecked one day. However;
Go Musk. Keep doing what you gotta do to make these long-shots happen.

As much as I want them to be bankrupt, I would be so sad to not have earnings calls to look forward to


Also that post is pretty dumb

if you think the big institutions are going to be the ones losing their money, you're in for a surprise.

/plus, what you're basically saying is: 'it might be fraud, but it's ok because he's building rockets.'

Syndrome: If you want to actually poke holes in it or tear it down through logic, please do. I'm not attached to it. It's a theory, not an absolute. It's something I thought of while listening to his earning calls/seeing him on media. I've seen passionate idealists, and it's clear to me he's an idealist. What I do know for certainty is idealists 'operate' on different wavelengths than bureaucracies/corporations.

Elon probably thought the questions were dumb because if he gets Model 3 even close to his production targets (4k a week by September vs. 5k in 2 months from now like he said), he'll advance the financials by enough to satisfy any analyst.

He's probably right.

He's also probably VERY short on sleep due to trying to get Model 3 production up.

I think Wall Street will be really weirded out but then the stock will quickly recover because it's never been a secret that Musk DNGAF about shareholders except as a source of funding to build **** he wants to build.

PS: whole physics **** is dumb. By all accounts, Musk is great at grasping the roots of engineering problems very quickly even with limited formal academic background.