With so much conversation around demand issues, I'd have expected @Krugerrand to be buying so many shares that the market finds a bottom here. Not sure why that's not happening.
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I meant the previous bottom 17/6/22 - Tesla was down to 204 and Nasdaq was at these levels
Why in the hell would any leader of the 'free' world say anything like that unless it was to instil mass fear for control, and to help transfer wealth from scared investors to Wall Street. Those kind of comments make me feel not so 'free.' It has been a constant barrage of 'fear' for several years now, from one crisis to the next. And in every instance there were many posts here about people selling into fear and then people regretting it later after things quickly reversed. I myself am guilty for selling some shares into the Covid dip before DC gave WS about $4.2 Trillion at the bottom of the market so it could completely reverse to their benefit in a matter of weeks. Its getting to be a bit like the Dark Ages until the Gutenburg Press was invented and people could be informed through other conduits. Thank goodness for TMC..............it might get frustrating from time to time here, but at least we have input for the moveable-type printing press here, and it has really helped to inform me over the years.
thats delusional, the threat of additional sales is OmnipresentSo Amazon and 50 other Tech companies lost on twitter and China deliveries too?! /S
Or is it the FED raising interest rates, andjaw-boning down the U.S. economy?
But go ahead tell yourself whatever makes you fall asleep bitter.
And yet I still leveraged a little more today. Sorry, out of cash.
Maybe they are unsure about range and stuff. Corn chips = much lighter payload than beverages. Based on some rudimentary calculation, an 18 wheeler trailer full of chips is about 10k lbs(including the pellet). Beverages are around 50k lbsTo haul corn chips? They can do better, right?
Seems you missed my edit. I didn't see they're doing Beverages too. So even better to compare extreme ends for them... good data!Maybe they are unsure about range and stuff. Corn chips = much lighter payload than beverages. Based on some rudimentary calculation, an 18 wheeler trailer full of chips is about 10k lbs(including the pellet). Beverages are around 50k lbs
Precisely.It is similar to what Trump did. Supposedly Trump told Putin directly that if Putin invaded Ukraine, Trump would hit Moscow.
Biden and the military both have said publicly that if Russia used nukes, there would be serious consequences. Those consequences haven’t been spelled out, but seems that Biden had in mind retaliating in kind. At any rate, this hyperventilating about WW III misses the point of these messages. It is to check the hand of Putin. Whether or not the US bombs Moscow has very little to do with what we say we will do. Threatening something and appearing to very serious about following through with that threat is very much needed.
We want Putin to not use Nukes so we have to convince him we would use nukes in retaliation if he did so. If the US public gets scared from these messages, well, too bad, this is necessary at this point.
Some pot stocks are green and a little higher today
I feel Gary is probably thinking share buybacks from Tesla themselves. Gary has been pushing for this for some time now, and Elon has stated he's open to the notion of it.
I thought pot stocks are always greenSome pot stocks are green and a little higher today
Tesla losing a third of its value over twitter and China in the last month.
though twitter is the main culprit.
Just my 0.02 here - I expect Tesla to slow-roll Semi deliveries in Dec, and then really start pushing things hard come Jan.
Why? Any of their customers with a decent accounting team is going to want that 40k/vehicle IRA tax credit that goes into effect Jan 1, 2023.
None of the demand arguments mention BEV credits in USA as of January, or China BEV credits that kicked in beginning October (@Singuy at least I believe that is what I read from you. Please correct if otherwise).Very good points.
Anyone who thinks Tesla has "demand concerns" in China needs to realize that demand grows massively when you have finished product, ready to deliver on demand, and the price seems reasonable. How much does demand grow when someone with money can just walk in and take one home? It will vary from culture to culture, but I think China and the US are near the top of that list.
The reason legacy auto has stocked millions of cars in big sales lots around the country for many decades is simply to capture all those sales of people who want to see and sit in the car before they buy it. A car is the second most expensive thing most will buy and many will not do it based upon an invisible car that is scheduled to be delivered in a few months, with no guarantees. Buyers are also very price sensitive with as little as $1000 being the difference between sale and no sale.
"The competition is coming" is an old and tired refrain but that doesn't stop it from being continually resurrected and deployed. I want to see another EV maker approaching the same margins Tesla has before I get worried that Tesla will not be able to continually increase profits by absorbing an increasingly large part of all auto sales.
not selling, but the risk he might later on is there, that’s what the mkt perceivesI don't think that's it. I have been following Tesla for many years probably 2 hours a day and I will say right here and now
musk is selling
Is he selling his complete S&P 500 portfolio?musk is selling
I assume that is why they stopped the orders? seems like Tesla is trying to not have such a long wait for paid orders as they have in the past...wishful thinking, but it goes along with the question & comment on Optimus regarding when one can order one / or actually receive one & no point in orders if receipt wont be for years?If this 11,000 order number is true (and order numbers are sequential), there is going to be quite a backlog.
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