took some off in the june lows but obv wish it was more. it's a small percent of my investment $ so i'm not sweating it too much. long term short with add on rips.

it would probably take a lot to change my mind on the company still. maybe a full year of profits with steady stabilized demand. and uhh, i guess legit FSD/robotaxis would also change my mind.

Under 40, household net worth > $1MM but never made a trade that didn't involve selling employer stock options or sticking money in an ETF. Read this thread for entertainment and ASAP is annoying.

Back to lurking

Thanks for answering the question, congrats on your success so far!

ASAP meeting the thread

We might need a separate thread for discussion of net worth (and ASAP containment).

There has been almost no outright hostility between bulls and bears itt recently and we need to stir things up. TSLAQ are prob too busy doing toaster baths while the electricity is still on, and TS seems to have given up completely and turned bullish (retrospectively), which is disappointing, but not surprising.

TeslaQ is busy on the streets giving blowjobs to pay their margin calls.

Finally, someone with a low content but appropriate, entertaining comment with a good point at the end. Those margin calls have to be coming, nice volume on the move last couple of days. +$30 (8%) since the post failed EV tax credit lows.

I mean I have nothing against bears or shorts. I can't expect or force them to have the same opinion and if they want to make their bet that is fine. Their narrative has been dragging down the price for a long time presenting excellent buying opportunities, I'm fine with the market working that way.

What I am not ok with is ******s (TeslaQ) that are actively trying to bring down a company with a smear campaign that goes far beyond simply placing their bet and defending it. These people can go straight to hell, and if this price action continues there are going to be a lot of entry and exit wounds combined with second hand gun sales pretty soon.

Should we expect a capital raise soon given Elon tried to sell the company at $420? Even if it tanks the stock 15-20% they may figure what the hell, no chance even Elon expected the move off the lows and his expectations are insane.

I remember the last bull victory lap around these levels...lol. Kelvis in particular had some snide unhappy comments as it all came undone

With these new valuations, some metrics (TTM):

Market cap

Ford: $37 billion
Tesla: $72 billion

Sales

Ford: $160 billion
Tesla: $21 billion

Profit:

Ford: $3.68 billion
Tesla -963 million

P/E

Ford: 7.74
Tesla: -92.6

Dividend yield:

Ford: 6.79%
Tesla: (negative with constant stock dilution)

You pay twice as much for 1/7th of the sales, massive losses vs huge profit, stock dilution - and that's while going after the easiest niches using government subsidies and $7 billion in investor capital/dilution.

Anyone who is bullish here isn't very bright. And even these horrid numbers have even come at the cost of growth, as capex has been cut below replacement level.

Their narrative has been dragging down the price? You are demonstrably completely detached from reality. The stock has been brought down by Musk's incompetence at failing to meet his own deadlines, burning massive amounts of cash, committing securities fraud, being incompetent at profitable car making, being erratic and loony, fraudulent self-dealing bringing in bankrupt Solarcity for himself and his cousins (which placed large burdens on Tesla's finances), and most recently by demand dying for a time from terrible service and quality.
Strangely though none of the bulls were talking about the great buying opportunities at $190 (when I was suggesting people should get long). And the way your posting has gone from sad rage-posting to somewhat calmer as it's gone above the $420 "funding secured" level you thought was actually real and not fraud, I assume you're getting close to breakeven depending on how much you panic sold on the way down.

Signs you're in a cult for creepy losers #420: Being vindictively gleeful that those disagreeing with you might commit suicide, complete with graphic wishful images, and blaming them for your own incompetence in understanding reality, and your cultdaddy's incompetence at running a car company even with everything handed to him.

Why are so many Musk follower really creepy losers? No one sane writes something like the above, or most of your other posts. I guess losers can identify with him, feel like they could be him? It's the only explanation I can come up with.

Uh lol wow hahaha. Christmas came early... I think he's a little tilted.

Go cry me a river, mr Spiegel.

At least we know 100% that in no way does he have the emotional control to have been long calls, hey bud I'll make you a deal... Post a screenshot of one of the trades you made on the long side since the May/June's lows that matches a post in this thread and I'll never post here again. Ever.

How do you get tilted out of that? Weird.

The hilarious thing is that the shorts are a good chunk of the reason the stock ever got as high as it did. Short squeezes are such a powerful force, even in car companies (look at VW for a history lesson, or any number of bios).

Anyone who thinks the shorts have had a net negative effect on Tesla are delusional. They've been a major positive for Musk, not least as a scapegoat for his own failures and incompetence, and to gain die hard fans like Kelvis who are so completely deranged they fantasize about shorts killing themselves and say they should "go to hell". Yeah, that guy is making rational investment decisions

It's all a fwaud :"(((((

FWAUD

FWAAAAAAUD

And I said TeslaQ can go to hell, not all shorts, illiterate ******.

Yup, totally sane and making rational investment decisions.

Yeah well, just like in poker, better lucky than good. Come on bro just post your $40 trades in Tesla to show us you are really making money off it.

i think you would expect that from a normal company.
but people also expected that one year ago at $300+ and instead we got that ugly raise at $240 in may.

i doubt that will go up again. most of their capex is down through finance leases right now.
principal payments on those were up 120% y/y q1-q3, about $80m/q now.

Give him some time to photoshop.

All predictions have them profiting again this quarter. Will be interesting to see how that plays out

Either way they are getting liquidated.

I have been thinking the Shanghai factory carries a lot of risk in the long-term due to the uncertain nature of Chinese laws and regulations, and macro factors beyond Tesla's control, even if the small picture economics are excellent (maybe more so in that scenario). The seemingly cosy relationships Tesla is enjoying could turn frosty very quickly imo.

Unless there is a significant and durable change in Chinese policy I find it hard to imagine Tesla being allowed to achieve a high level of success domestically there. Maybe China will really open up to foreign owned firms in the years to come, but I am not confident that will happen. Especially if they achieve full autonomy. That would literally = a US firm having access to infinite robots in China and all the data they collect. Many foreign firms have approached China with optimism only to be thwarted and disappointed.

Still, in the short-term I expect more good news to flow from the Shanghai factory.

China wants to go green, they also want to protect their own auto industry, which itself has a lot of electric players such as byd

It wouldn't surprise me if they are using Tesla to help get more charging station infrastructure built before laying on them an imposing tariff or finding a legal loophole to deem their cars unfit for the roads

This is a tried and true methodology they've done to a number of foreign enterprises who came in with open arms only to find business far more difficult with sudden roadblocks once they got what they needed from the company and then moved on

Not saying this will necessarily happen to Tesla and other companies like Apple have managed to succeed there despite the difficulties but there is a very real risk that China will never be anything more than a niche market for Tesla

They might do that, although I don't think they will be pushed back in a niche market but rather Elon would completely shut down operations, decommission superchargers, default on the Chinese loans and deactivate every single Tesla ever sold in China.

That's not to say that will keep the Chinese from doing it, and it would be a total loss for Tesla, but they won't get away with taking their charger network or anything like that.

You have no idea how the world works, do you? Not even at a basic level.

First, the Chinese would apply pressure subtly, like they do to every company they want to screw over. Delay licenses. Put things up for indefinite "review". Use provisions in their contract to get the factory back (they're already in there). Hell, they simply lower Tesla's social score on some pretext and make them toxic to deal with/buy in China.

Musk couldn't do **** about this, just like none of the other large, capable companies that China has screwed over had any recourse. Your power-fantasy of him shutting down all paid-for Teslas in China over the air in a massive act of criminal damage and theft from his customers is just comically deranged.

You seem to have some creepy nerd fantasty where Elon is all powerful and can't be messed with, where the his "enemies" (the shorts) are sucking dicks and blowing their brains out ("entry and exit wounds"? lol?). You're just showing how much Musk is a running a well-cultivated cult of personality. He's completely owned your mind. It's really odd to see such things said over a stock. Imagine if you said that about Apple shorts or Netflix shorts, or Tim Cook.