Another way to look at it. He gets very important data from people who are willing to pay to provide it to him. That's some business model.

Also apparently the tech is fun and good enough for early adopters to try it out and tinker with it. Which could imply there's actually something there.

I think there were some articles talking about how Tesla cars were not uploading data to Tesla servers, not the sort that would help them train AI anyway.

So how did they get their cars to behave like this in traffic (even though it's nowhere near perfect) without getting feedback from the cars themselves?

Excited for the sequel thread: "Twitter showing cracks?"

Would anyone deny that generally white collar crime is not 'really' illegal by design and the goal is mainly that the gov't has an ability to rake any ill gotten proceeds, is the goal. As long as we can agree on an acceptable rake, please make as much ill gotten gains as possible.



As Musk takes in hundreds of Millions, he likely faces a few hundred thousand in fines (the rake).

Also if his bid to buy Twitter is not successful, which I doubt very much, it was ever designed to be, I am betting he then sells all his newly accumulated shares, which he almost certainly bought on Margin, against his Tesla holdings, at the newly inflated price netting many more Hundreds of Millions for him.



Elon Musk delayed filing a form and made $156 million

Elon Musk was eleven days late in publicly declaring he had amassed a large stake in Twitter. That omission may have earned him $156 million, according to a half dozen legal and securities experts.

That's because of a 50-year-old law that requires investors notify the Securities and Exchange Commission when they surpass a 5 percent stake in a company. Musk reached that benchmark on March 14, according to the filings. But he only made his public disclosure on Monday.

In between, he continued to buy stock at the price of around $39 per share, bringing his total stake to 9.2 percent. After his disclosure, Twitter's share price rose roughly 30 percent and is now above $50 per share.

The late filing netted Musk $156 million, said David Kass, a finance professor at University of Maryland's business school. "I really don't know what's going through his mind. Was he ignorant or knowledgeable that he was violating securities law?" he said. Whoever was handling the trades for Musk should have known, Kass said.

The disregard for securities laws - whether intentional or accidental -- highlights the way billionaires and powerful individuals can skirt federal rules and even tax code to continue to build their wealth.

Musk's windfall may come with a slap on the wrist in the form of a fine from the SEC, but will likely be limited to hundreds of thousands of dollars, according to the legal and security experts.

The SEC could also argue in court that Musk needs to part with the theoretical profit, but that would be a long shot, said Adam Pritchard, a professor of securities law at University of Michigan's law school...

Reading more from Elon,

- “...If it is not accepted, I would need to reconsider my position as a shareholder."

This almost certainly looks like when he bought crypto, announced he was all for it, then offloaded it for a huge profit on the derps who drove the price up.

You guys hear that?

It’s the sound of TSLAQ’s minds breaking.

You’re a trillion dollar company with a 200pe that still only delivers cars and false promises.

When are good quarters priced in? How do you gain 100 billion in market cap because of a good quarter?

I’m not part of teslaq but this is all fake

It should actually be concerning to people the amount of influence and power that musk has. He’s not a good dude and he’s taking the world for a ride. It’s basically two steps removed from a tyrael corp

I think ttm p/e is something like 130x? Forward p/e is <100. Unless you think they're a pure fraud and fiddle with the numbers this was a really good quarter. All of their profit is from their automotive business + reg credits. You can discount these credits and the results are still good. Fully discounting credits seems unreasonable as well since everybody and their mother wants to push 'green energy' (which is a complete joke but that's another tangent).

Even if they don't deliver on any of their 'false promises' but keep their car business growing at a reasonable clip then TSLA stock price seems reasonably valued. They are ramping up Berlin & Texas and there's still a long waitlist to get a TSLA. The promises are a freeroll on top of their car business.

Like I have said before, I think there is a fundamental difference in how bears and bulls view Tesla. Bulls think Tesla has some magic sauce that allows them to grow exponentially, bears think that Tesla is like every other company but just got lucky the first few times. Well it’s been a lot of times now, maybe time to do some bayes.

The true weirdness begins when the strange words and non-sequiturs begin to make sense, begin to sound *coherent*. Some scream and run away; but then the rest of their lives are defined by their violent hatred of those shards of alien thought forever embedded in their minds.

A million appreciating robotaxis in 2019

#SpecialSauce

Still waiting for anything except for a car. Optimus is the new carrot. That one will be “worth more than the cars”.

Still selling Panasonic battery tech, still orders of magnitude behind the competition on fsd, still no service wing, still no CS, literally nothing but cars

The secret sauce is people buying into musk the meme

So I guess this thread will live on a few more years. More cracks, more record deliveries more record earnings, P/E rapidly decreasing or stock price going up, bears still always right.

Guess nobody remembered to quote me on these numbers. I was a bit low for 2021, we will see what the pandemic brings for 2022, but I think 1.5M is still about right.

If this is the bear case then it seems like TSLA is a slamdunk buy since their car business alone is destroying competitors. Does anybody have any good bear arguments?

The CEO said they will start mass producing cars without steering wheels and pedals in 2024

If they are only a car company then they are about 20x overpriced

That’s not even debatable. The bull case is they will replace taxis, battery producers, and supply 90% of the worlds cars

The middle ground between bear and bull cases is so vast that you can’t even fathom that middle ground

And just to reign you back in a little. If there was nothing but the cars, would people be excited about the cars? Do you not think that all the other promises are why people are interested? Do you really think the cats alone are driving the stock price? That they are valued with google, apple, and Amazon because they supply a minuscule portion of the worlds cars? No, the valuation is based on the belief that Tesla will deliver wolrld changing tech, paradigm shifting stuff. That’s the gap between the bear and the bull cases. Bulls believe the grift and bears don’t.

Again, you are so used to being punched in the mouth you can’t even see the nuance in front of you. Congrats on being right but you think everyone who disagrees with you is tooth and it’s actually insufferable

You really fail to see the repeating pattern in this thread. The title says it all. TSLA showing cracks. It has been so many cracks showing and examples of how stupid the company, the ceo and the bulls are. Yet the company has not gone bankrupt, the ceo is not in jail and bulls have not lost all their money. In fact rather the opposite. Still bears keep saying pretty much the same thing, moving the goalpost slightly and still claiming that the stock is massively overvalued, never questioning if their mental model that has failed to predict the past needs to be updated.

Tesla still owns 90% of the Bitcoin they originally purchased around 32k which is easily found on the 10-Q.

I agree.
I also don't think that Tesla is a car company.

I purchased a model 3 over a year ago. Everyone in my family who has driven it loves it.
We were so impressed that I ordered a model Y.
I will be trading in a BMW that has been driven less than 100 km in the last year, nobody wants to drive it anymore.

20 years ago I used to beat down on Apple thinking that the Ipod and Iphone were just music players and phones.
The vigor with which devotees raved about the product has an eerie similarity to Tesla today. Unfortunately I was
on the other side of that call and missed a great opportunity.
in the analogy I see ICE cars as land line phones and Nokia and Motorola
have not figured out how to mass produce and can't get parts for phones yet.

Three years ago I told my kids not to buy Tesla because it did not generate any profits.
Now I am all in. Will buy another 50k Tesla Stock in the next 6 months. I am expecting that Musk will be selling
Tesla Stock for cash to help finance the purchase of Twitter and hope to buy at sub $800.

With Musk pledging billions of his TSLA shares as collateral for his Twitter buyout, not to mention the attention he'll be giving it, you can add social media to the list of apparent businesses TSLA is in.

20 years ago apple was worth what, 100x less? At 800 Tesla will still be worth 900 billion.

I guess the though is Tesla will be the first quadrillion market cap? Lol, k.

10% moves in a day seem healthy. Nothing to see here.

Just as an update SARK now up about 90%, since my post at the beginning of the year and finally Telsa showing some weakness. Tsla still number one holding, but get this arkk sold some tsla and bought of all things GM

Still not impressed by the lady who runs the fund, she is richer than I will ever be, so who am i to criticize. But I think Sark still has quite a bit to rise.

Shanghai plant is shut down fully now? Or just certain cars? How much will that impact sales?