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Old 10-18-2018, 10:24 AM   #5876
syndr0me
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Re: TSLA showing cracks?

@ellec_uk is another special follow if you are interested in that kind of stuff
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Old 10-18-2018, 10:44 AM   #5877
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Re: TSLA showing cracks?

There are a lot of "special" Tesla longs.

What's remarkable is that many are in tech (guaranteed >110 IQ), and yet they're incredibly dumb and gullible. I guess Elon has tapped the "sad nerd needs a hero" side and they're just influenced by that. It's weird though, I don't get how that overwhelms your basic rationality. You have to be a little daft to start with.
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Old 10-18-2018, 11:00 AM   #5878
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Re: TSLA showing cracks?

I wouldn't say most are in tech, i find most to be average middle class people who buy into the "mission"


The gullible part is dead on
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Old 10-18-2018, 11:17 AM   #5879
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Re: TSLA showing cracks?

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Originally Posted by syndr0me View Post
I wouldn't say most are in tech, i find most to be average middle class people who buy into the "mission"


The gullible part is dead on
Speaking about the twitter bulltards, not the model s and x demographic, thats rich people and people in tech
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Old 10-18-2018, 11:37 AM   #5880
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Re: TSLA showing cracks?

Completely disagree. Most big Tesla fans are in tech or engineering and making decent money. The heltoks of the world are propping up the stock.
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Old 10-18-2018, 12:01 PM   #5881
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Re: TSLA showing cracks?

There is literally nothing to support a long position. Regardless of their collective intelligence, Tesla bulls are Musks lackeys.
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Old 10-18-2018, 12:07 PM   #5882
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Re: TSLA showing cracks?

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Completely disagree. Most big Tesla fans are in tech or engineering and making decent money. The heltoks of the world are propping up the stock.
I think it's got a lot to do with environmental virtue signalling - he's the charismatic figurehead of a low carbon future.
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Old 10-18-2018, 02:14 PM   #5883
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Re: TSLA showing cracks?

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There is literally nothing to support a long position. Regardless of their collective intelligence, Tesla bulls are Musks lackeys.
A q3 pop on lower cash burn because they collectrd for a lot of undelivered cars, i dont see how q4 and q1 arent a total disaster without raising capital
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Old 10-18-2018, 02:20 PM   #5884
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Re: TSLA showing cracks?

Wouldn't that then be an exit opportunity?
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Old 10-18-2018, 02:39 PM   #5885
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Re: TSLA showing cracks?

Just saw this, Tesla receives waiver for private issuances only. No public equity issuing in foreseeable future unless im reading it wrong. This is HUGE news likey going unnoticed to many.

https://twitter.com/BSA19741/status/...631260162?s=19
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Old 10-18-2018, 02:39 PM   #5886
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Re: TSLA showing cracks?

Beliefs are not about believing. Tesla offers:

-Self identity/worth as someone who is ahead of the curve/smarter/cooler

-Status within preferred social reference groups

(regardless of what happens with Tesla, they built the first American car someone could proudly pull up to the country club in since ~1976 Coupe DeVille)

(the model 3 rules the staff parking lot at any HS)

-Conversational utility with other believers

-Dream of share price growth continuing, few people have the nerve to short successfully

-Most people watching CNBC *want* losing trades, this is why ARK gets on there with a 4k price target. Why their crypto trades get the direction wrong 95+% of the time. If you just ask people if they want to be a successful trader the answer the mind spits out is 'Yes'. Then when life asks them a hundred questions as it does (do I want to research 10ks, do I want to build my own spreadsheet models, do I want to challenge my beliefs, can I control my attention when the trade is moving against me) the revealed preferences are a bit different.
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Old 10-18-2018, 02:41 PM   #5887
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Re: TSLA showing cracks?

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Wouldn't that then be an exit opportunity?
Ya im just saying you could argue there is an opportunity to trade long here at some point, but the window is closing


Im not bithering hedging and i have a fairly significant short position, still know there is a likely a few more bumps.


The china lease joke reeked of desperation
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Old 10-18-2018, 02:43 PM   #5888
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Re: TSLA showing cracks?

They were never going to do a public offering anyway, will be a relatively "quiet" large convertible debt deal to make payments in January and March. Elon gets to save face on twitter compared to any kind of equity sale and they get the cash they desperately need.

There will definitely be a pump on Q3, but then it becomes a complete disaster even if the new cash can hold them for 6 more months.
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Old 10-18-2018, 02:50 PM   #5889
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Re: TSLA showing cracks?

Elon can call it a refinancing instead of a capital raise.
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Old 10-18-2018, 03:14 PM   #5890
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Re: TSLA showing cracks?

He will sell it that way, but typically refinancing is a LOWER interest rate than the existing debt - he's going to pay a much higher rate this time around. Bulls will not care though.
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Old 10-18-2018, 03:14 PM   #5891
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Re: TSLA showing cracks?

Worth a read if you are bearish

https://twitter.com/BSA19741/status/...885919242?s=19
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Old 10-18-2018, 03:43 PM   #5892
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Re: TSLA showing cracks?

Is yahoo terrible at everything?

https://twitter.com/YahooFinance/sta...679674370?s=19
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Old 10-18-2018, 03:45 PM   #5893
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Re: TSLA showing cracks?

Yahoo! Finance and Yahoo fantasy sports are good.
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Old 10-18-2018, 03:49 PM   #5894
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Re: TSLA showing cracks?

Yahoo massively overpaid for Broadcast.com and gave us Mark Cuban, and they passed on buying Google for $1 Billion back in the day.

Pretty much all you need to know.
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Old 10-18-2018, 03:53 PM   #5895
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Re: TSLA showing cracks?

Quote:
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Yahoo! Finance and Yahoo fantasy sports are good.
Yahoo fantasy is the nut low of fantasy


I feel like we are opposites on a lot of things
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Old 10-18-2018, 03:56 PM   #5896
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Re: TSLA showing cracks?

Quote:
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Yahoo massively overpaid for Broadcast.com and gave us Mark Cuban, and they passed on buying Google for $1 Billion back in the day.

Pretty much all you need to know.
My memory was 5b but not sure of that


I used to assume cuban was cool because of the pic of him holding the nba trophy at the urinal


The more i read about him tho it sounds like he isnt alm that sharp, he did hire bob tho so that was probably a smart play.
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Old 10-18-2018, 07:36 PM   #5897
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Re: TSLA showing cracks?

Tesla releases new 45k mid range Model 3 that they present as costing 33.2k after 7.5 credit and “6 years of gas savings” calculated by tesla

This reeks of desperation
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Old 10-18-2018, 08:50 PM   #5898
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Re: TSLA showing cracks?

High end demand is now confirmed dead. They're down to selling just below breakeven cars. If they can't raise (seemingly confirmed today, although the SEC could change their mind), the end isn't very far off. Perhaps they limp into 2019 with a few tricks.

The halving of the tax credit at the end of the year + a billion due + ASP coming down further and further below breakeven = they die without finding 5+ billion in new unsecured funding.
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Old 10-18-2018, 09:07 PM   #5899
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Re: TSLA showing cracks?

It almost seems too obvious at this point
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Old 10-18-2018, 09:16 PM   #5900
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Re: TSLA showing cracks?

Trying to think how this can appear bullish to anyone


Spurious help me out here
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