How can you love a stock that is overvalued with a nut job CEO?

That was admittedly on the brink of death 6 months ago.

And just had evidence of fraud related to solar City made public...

Almost like the bear thesis was a hair away from being actualized just 6 months ago. All these bear loons though! What a bunch of crazy fanatics

So salty!

sales were pretty much where i thought they'd be. so still planning to buy those puts, most likely in the 180-200 range.
might not wait for earnings though, there's now a pretty big expectation priced in so earnings might disappoint.
+ that note today was very weird, might point towards disappointing numbers.

In terms of #1, I think it’s worth more than my $195 basis and I’m not inclined to try to jump in and out. I believe they have a markedly superior product. In terms of #2, I also think he’s a visionary genius. Once the company is just mass producing cars, he should undoubtedly turn over the day to day to someone else.

To some extent, the “weeks from death” is related to the nut job CEO problem (he loves to tell a version of that story about at least 3 different points of his career) — they have extremely valuable IP and someone would probably buy them, although certainly not at the current price.

The main knock years ago was that the much more advanced car companies were going to leap in and destroy their business by producing dramatically better cars for less money, a prediction that has completely busted.

https://asia.nikkei.com/Spotlight/El...new-price-cuts

https://www.reuters.com/article/us-t...-idUSKBN1Z21W1

Ouch. They could have started a competing EV maker instead.

I think the "weeks from death" quote is overblown. A lot of the older established companies are living refinancing to refinancing. Musk was almost certainly semi-trolling when he spouted the quote. There was never a serious question over whether Musk could get refinancing if he asked for it.

The issue was the cost of funding. Some people, myself included, felt asking for funding only at the last minute unnecessarily increased cost of funding.

Not sure what the point of this is. Number of bears who said this in June:

is exactly zero. It gives you a good insight: Tesla bears are rational, intelligent, reasonable and nice people; Tesla bulls are emotionally invested, not very nice and not very bright. Take this weirdo:
Look at how Musk has completely ****ed up this guy's mind with his cult of personality. First Kelvis believed him at $420 "funding secured" before losing a fortune as the stock crashed on that blatant fraud. Then Kelvis believed him when Musk started implying the shorts were evil/bad people and blaming for the demise of Tesla (when it was actually all Musk's fault). Before Musk did this, no one acted like Kelvis is acting. This is straight up Musk creating a cult of personality and demonizing people who point out his fraud, and it's led to Kelvis glorifying the suicide of shorts? How completely messed up in the head is this guy? And how easy to turn into a cult member?

Dude there is enough salt already. Roads are ice free forever. I bet your own mother doesn't even give a rats ass about your whining.

I just learned... from a happy fan, that you can pay Tesla to download a DLC that lets model 3s go faster.

https://www.digitaltrends.com/cars/t...o-60-mph-time/

Lol. They are literally crippling their cars out of the gate with software so they can nickel and dime you a few more grand.

If other auto manufacturers were lukewarm about OTA software updates, I am sure they just got awfully hot and bothered about the possibilities of selling $2000 DLC packs.

I'm thrilled that Tesla is higher, and especially this high. It means at least another year of great trading opportunities. This is the best possible outcome for me. I trade short term (weekly expiring) and that dries up once it capitulates.

Meanwhile you've spent 20+ posts saying "salty" and posting short suicide porn including fantasizing about entry and exit wounds and saying that shorts deserve to "go to hell". How damaged are you? The people actually losing money here are mostly very nice people, who became emotionally invested in Tesla, and didn't cover the short despite very clear spots to do so, just like you didn't sell despite very clear spots to do so.

It's an interesting insight into the mind of a Tesla bull nonetheless, so thanks for posting.

Okay, that's enough of this...it's one thing to brag about being long Tesla and hitting all these gains, but these posts aren't productive.

I was not throwing shade nor rejoicing in other people losing money.

Shorting, and starting a competing company, have something in common: both are bets against the target (TSLA in this case). Same for buying a competitor's stock.

Shorting seems uniquely risky though.

do I think TSLA is overvalued? prolly


but **** momentum does such SUCH great things for you in this field

"in this field"?

momentum is in the direction of declining/ending subsidies and declining revenues

the stock has momentum, but it's going to be dirty when it eventually takes a turn

re-entered @442 with a 450 stop loss, theoretically it can just keep running on nonsense but worth the bet with a sketchy 10-k coming out and all the pressure on that AR balance that doesnt make sense.

Wow at this run up, feels like so many missed shots, but whatever.



Without sounding like a conspiracy theorist, can anyone make sense of the Lin Wood complete 180? That seemed so weird.


Also, lol at 'robo-taxi capable' walkback. Classic musk

@bagholderquotes is the best follow on twitter

Motley Fool predicting Tesla not yet at peak demand.

> orders tracking higher
> deliveries exceeding production
> demand for S&X increasing sequentially
> model 3 deliveries soaring (trailing-12-month M3 deliveries up 106% yoy)

https://www.fool.com/investing/2020/...-vehicles.aspx

Now we're quoting the Motley Fool? Good God. Revenue is down YoY for this quarter and last quarter. Down. Despite opening up to a much larger number of markets including all of Europe.

The claim that TTM M3 deliveries up 106% yoy is absolutely comical. Model 3 didn't enter volume production until Q2 2018! For example they delivered 8180 only in Q1 2018.

This is the kind of stuff you read on Yahoo stock forums.

Imminent demand death iyo?

Tesla just got nuked from orbit by Trump, Wilbur Ross, and the Department of Commerce:

https://www.federalregister.gov/docu...-to-the-export

Hard ban on the export of any self-driving software utilizing point clouds and convolutional neural networks (CNN) to all countries excluding Canada effective immediately.

In order to not get destroyed by billions in fines and jail time from the BIS, Tesla's general counsel has to immediately apply for licenses and pray to god that they have an export control compliance program that satisfies the BIS. Too bad they have no general counsel....

Guess someone in Trump's admin firmly has Tesla on its shitlist:

https://electrek.co/2016/09/11/tesla...ing-v8-update/

Everything I know about our government and corporations tells me that this is more of a suggestion than a hard ban. The fines would likely be negotiable as they tend to always be. There is not even a reaction aftermarket

It is not a suggestion; there's a comments period open, but basically this is set.

BIS is very different from your typical government agency. They really DGAF and want an excuse to go all in hard on violators, especially under the Trump admin. If you done goofed and you don't have an export compliance control program in place, they will make an example out of you and **** down your neck in terms of gigantic fines and prison time. ZTE was whacked last year and settled with a 1B fine for only allegedly providing 5G tech to Iran.

I don't expect a market reaction since not too many people understand how export control can screw your company. After this announcement, a prudent general counsel of Tesla would halt all non-U.S. FSD sales immediately and phone the BIS for licenses, and then do an audit on all of their non-US citizen researchers.

Too bad they don't have a GC.

In fact, I suspect that Tesla will assume they're like the SEC and do nothing assuming that they can hire counsel to save the day, if they are even aware of the implications of this announcement.
They will be shocked at how badly the BIS will **** them over if they do that.