Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable

[UnknownSoldier]

I didn't buy enough LEAPs during the dip earlier this week.

 

[Todd Burch]

Great news, but that can't be causing this big spike, right?

 

[ZeApelido]

Dat exponential though

 

[Nocturnal]

Sorry to interrupt the party and this may have been covered already, but has everyone watched the new Sandy Munro video?

At 7:35 he starts addressing the Model Y report and, paraphrasing, refers to the Y build cost reduction as compared to the Model 3 as “shocking.”

Could be some insight into the profitability of the Y program.

I heard that on TMIO. As Rob pointed out, there have probably been improvements to the 3 since Sandy tore that down but still. A guy like him saying it's "shocking" implies a material difference. If the Y is 10% more efficient because it has the same specs as the 3 with 10% more weight, then I'm comfortable swagging a 10% improvement in production cost.

 

[tinm]

1482!

 

[wipster]

Now go Ferris wheel, go!

 

[heltok]

VW Funds = Volkswagen?!

Tesla in yellow...

 

[Mo City]

Could be the explanation for the spike: https://twitter.com/AsherWildman13/status/1281623831589814272?s=20

Surprise press conference from Florida Governor about Tesla upcoming.

Would DeSantis announcing 74 charging stations cause this kind of run? I doubt it.

Gov. DeSantis announces installation of 74 Tesla charging stations in Orlando

 

[UnknownSoldier]

Is this spike because of the Rivian news? I was still going to add more calls...

 

[SOULPEDL]

LOL, did I time a TSLA buy correctly? I mean that never happens.

Wanted to accumulate some additional core shares. Took a chance and bought at low 1380s this morning.

Now TSLA is at 1430.90.... This never happens! LOL

I know right? What's interesting now is that a 50 point rise is still just 3.5% and within the daily noise range. Meh, just 50? (Edit... 70).

I do feel like I'm missing out some with my 50/50 plan. But everyday I'm ready for the floor to drop on the macros so I can lean in harder. There is comfort feeling OK if TSLA moves either direction. I'm still up btw, just cautious. Remove CV and Potus, and I'd still be at max investment like last year.

DELETE!

OMG what's happening?

 

[Todd Burch]

Would DeSantis announcing 74 charging stations cause this kind of run? I doubt it.

Gov. DeSantis announces installation of 74 Tesla charging stations in Orlando

Me too. Seems to be something else.

 

[Johann Koeber]

Note to self... stop selling covered calls.

Edit: I expect at least a Like from @StealthP3D

Did just this with TSLA @$1408 today. Painful (taking a lot of losses) but absolutely worth it. No short calls for me till the short squeeze is secured.

See you at $3,000 ?

 

[Zero CO2]

Confession time...

It's either write this post or perch myself on the window ledge. (Ground floor. Not much good there.) This is the only audience to whom I can bare my tortured soul.

Some years ago, I bought a bunch of TSLA at $200. (I'm not savvy enough to trade options. I'm more comfortable buying and holding long-term when I believe in the strength and vision of a company.)

Through it all I held fast and didn't sell. When TSLA went down to $150 and cries of 'bankrupt' were coming from every talking head on Wall Street, I just smiled and sat tight. I watched the reversal and held on, all smiles, until the pandemic hit. Until it was apparent that the pandemic was going to have a significant impact on the world and the Tesla factory closed.

At that point, I made the dumbest financial mistake of my life to date: I sold all my TSLA at around $750. Not because of any reduction in faith. I was trying to be clever. "There's going to be a dip back to $500-ish range due to the results of the plant closing and the general economic impact," my idiotic brain told myself. "I'll buy back in at that point and have even more shares."

And the downturn never happened.

My wife steadfastly shared my long-term faith in Tesla (which is still unwavering) but she, too, believed that the world's most volatile stock would dip and give us a chance to get back in. So we waited for a dip. And opportunity after opportunity passed us by as we waited for a dip that never happened.

So here we sit. Still sitting on cash that while missing every opportunity to reinvest in TSLA.

I'm absolutely tortured at the horrible decision I made by trying to be clever. My wife is far more zen about it. We locked in profit and she does a better job of focusing on that.

And, though it all, I can't stop beating myself up for exiting at $750. I'm so anguished over this that I can't let it go. I told my wife "I want to punch myself in the face until I'm unconscious, wake up, and do it again."

This is the only place who would possibly understand my pain. All of my friends and family would hear this and say "Oh, you didn't make enough on your TSLA stock and you're sad now. Boo hoo. Piss off."

So now we're faced with a decision: I want to just get back in now at market price and forget about the mistakes of the past and she wants to wait for a dip that may never happen before getting back in.

My belief is that long-term we're looking at $2500 - $3500 in the next three to five years and just jumping back in now is the best thing to do. Trying to be clever is what got us into this mess in the first place and I don't want to make that mistake again. My wife still believes that the world's most volatile stock won't disappoint and we'll see a dip again. Certainly not down to where we exited, but possibly nearer to $1000 or a tad lower.

That's my pain and our current struggle.

Thanks for listening.

Dollar cost average back in over the next few months ... i can easily see $1000 or lower in the near term ... now i need to take my own advice ... i thought similar to you in that we would see a drop ... it may still happen ...there are unprecedented layoffs coming from large companies i did not sell TSLA but i did sell some other weak holdings and now am sitting on cash that if I had dollar cost averaged i would have gotten another $60K worth of TSLA under $1000 per share which was only 6/29/20 by the way ... i was foolishly waiting for a dip to $750 which at this point does not look likely ....

not advice

 

[ZeApelido]

Can't be because of a few charging stations...

 

[Off Shore]

Stop it. You're the only one here who thinks "I'm confident" is a promise. Either we're a bunch of retards or you're reaching.
Pardon my French but this nonsense has gone on long enough.

There is a solution...

 

[hoang51]

Great news, but that can't be causing this big spike, right?

I concur, I don't see how that announcement is the cause of the spike in shares. I'm thinking something else is responsible for the spike.

 

[kanweg]

Well, that didn’t last very long, did it? It just dropped a couple of bucks.

This is (almost) where I’d dreamt to be at the end of the year. Which appears to make sense: Summer was in April and may and currently it looks like fall here.

 

[StealthP3D]

Someone 'splain what's happening? I thought we were gravitating toward $1400ish today? I mean, not complainin' .

Isn't it obvious?

People want to buy TSLA and people who hold TSLA don't want to sell it very badly.

I think we already know why.

 

[Todd Burch]

Well, that didn’t last very long, did it? It just dropped a couple of bucks.

It's still lasting.

Edit: Turbulent around this range. I've seen $1477 and $1470 within a minute.

 

[TheTalkingMule]

IMO, Tesla should split the stock (preferably 20 for 1), and it should be announced along with the ER on July 22. Assuming all conditions are met for S&P inclusion, post-split share count of about 3.7B would greatly increase the liquidity of the shares. We don't want lack of liquidity to be a reason the committee declines to include.

Do we want to bail out the institutions who have been hammering TSLA for years at the semi-behest of fossil interests? I'm all for a stock split, but long after inclusion. Let these guys feel the burn.