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

[MC3OZ]

Thanks for including the link to this tweet.

The OP was asked the date of manufacture in that thread. He replies "the begin of 2019".

So it's unlikely this is the 'new battery pack', at least not as the car was delivered over a year ago. Either way, 'Oleg' has some 'splaining to do...

Didn't you post a screenshot yesterday of a Permit to build a new bty line? Was that permit issued for Fremont (info not included in screenshot; no link to source provided).

Dodger if it is a test mule for a new battery pack it may be a car that was returned under lemon laws, or one that Tesla has lying around for some reason.

 

[DutchDriver]

As a retired fisherman, I can tell you that ships are definitely of the feminine persuasion. Therefore it should be "her" cargo.

Thank you, didnt know that!

 

[M|S|M MYP]

This Unplugged Performance tuned Tesla Model Y just set a blazing fast lap time of 2:01.9 on prototype suspension and brake upgrades. In context the UP tuned Model Y is faster around Buttonwillow than the fastest registered lap time of the Porsche 997 911 Turbo and within half a second of the 997 GT3 track tuned car. All of this done in a crossover SUV that the night before comfortably allowed a full size mattress and a good night’s sleep at the track’s camp site. Good luck trying that in the Porsche!

 

[Artful Dodger]

“Tesla has a track record of collecting public subsidies from several states but not delivering on their promises".

While the UAW has a criminal record of collecting racketeering convictions...

Cheers to the longs!

 

[Artful Dodger]

but my TSLA portfolio has increased so much in the past year that I'm no longer inspired to wake up at 3:30am (here in Hawaii) in order to do short-term trades.

Love it! Can't decide if that's a 1st-World problem, or a bladder issue...

Cheers to the longs!

 

[MABMAB]

I am so glad they did not go private @420

 

[willow_hiller]

Dodger if it is a test mule for a new battery pack it may be a car that was returned under lemon laws, or one that Tesla has lying around for some reason.

I wouldn't be surprised if Zeus M3 isn't actually in physical posession of the 100 kWh pack. His Twitter history is rather thin, but on May 14, 2020 he tweeted about buying a scrap MCU: https://twitter.com/zeus7f1/status/1260876636502790144

My understanding is that some of the scrapped Tesla parts people sell on eBay literally come from dumpster divers outside of Fremont.

So it's possible this configuration screen belongs to an MCU that once came from a test mule that later was scraped.

 

[Fred42]

My personal guess is that there is a growing awareness of the potential of Tesla's energy business. Right now most investors are looking at TSLA as essentially an auto company with some associated battery/software/etc side businesses, but the potential market for grid scale battery services is immense and TSLA has the potential to utterly dominate that business.



An essential read from America's leading state for renewable power:

Newcomer Broad Reach Power to deploy increasingly large battery systems in Texas

US-based independent power producer (IPP) Broad Reach Power has said it will build 15 projects in Texas in 2020, each of them just under 10MW / 10MWh, with construction on six of them set to begin this summer.

The remainder are expected to commence construction later in the year, with the sites near the cities of Houston and Odessa in the southern US state. In 2021, the company expects to construct two much larger Texas facilities of 100MW / 100MWh output and capacity each.


Newcomer Broad Reach Power to deploy increasingly large battery systems in Texas


This is a whole new multi-billion dollar market that as of today essentially doesn't exist. (yes, there are a handful of significant grid-scale battery projects but nothing like what will exist in 10 years)

How does this fit in with the Texas legal constraint on battery storage?

 

[Papafox]

Love it! Can't decide if that's a 1st-World problem, or a bladder issue...

Cheers to the longs!

9:30am in New York is 3:30am in Honolulu during daylight savings time, thus the early wake up.

Regarding Roy Clark, that drive with his gang in the back of the van changed my life. It really made me aware of what life could be like if you made a living doing something you loved. I never went to law school, as planned, but instead became a pilot.

 

[Artful Dodger]

GS and MS have to try harder to bring down the SP

With the Fed buying Corporate bonds now, if Tesla does need capital, why would they 'AJ' it? That's $300M in fees saved for every $2B raised in capital.

And I bet the Fed interest rate on those bonds is a tad better than the dilution we get from a cap raise.

Cheers!

 

[jerry33]

How does this fit in with the Texas legal constraint on battery storage?

If the batteries are used by an energy generator (most likely solar or wind, but there's also nothing stopping a fossil fuel generation plant from using them) it's not an issue. The issue is when the energy provider (e.g. OnCore) tries to use them to help the consumer that the law takes into effect. Of course, it would make more sense for OnCore to use batteries because they get power from many energy generators and could better regulate the storage of electricity, but that would cut into the profits of the peaker generating plants.

 

[UnknownSoldier]

Wow, from -10 deep red macro day to positive 58. You option traders better have a crystal ball because guessing wrong is a good way to destroy your wealth.

I guessed right and I still sold my calls today. This market is wild and I have no idea what will happen in a day to day basis.

 

[Artful Dodger]

There was a bullish engulfing on May 4th also.

Yup, barely engulfed the previous Close with the Opening on May 4th:

So not all full-glorious engulfing, like today...

Cheers!

 

[Jack6591]

Elon Musk knows something???

Tesla Stock Forms Double Top Potential: No Hype, Just The Price Charts

That’s funny.

 

[willow_hiller]

New Supercharger utilization chart from Elon: https://twitter.com/elonmusk/status/1272674454749904904?s=21

China and Asia Pacific back up to 100% of pre-COVID levels. Europe and North America at 65% and 75% respectively, and rising.

 

[MarcoRP]

New Supercharger utilization chart from Elon: https://twitter.com/elonmusk/status/1272674454749904904?s=21

China and Asia Pacific back up to 100% of pre-COVID levels. Europe and North America at 65% and 75% respectively, and rising.

Well actually, China and APAC are actually superior to their respective pre-Covid levels. Right now they’re matching EMEA and NAM before the pandemic

Chart for reference

 

[Zero CO2]

Despite TSLA comprising more than 10% of three actively managed ARK ETFs, they didn't sell any of its shares today. Perhaps Cathie has reason to let it ride a little longer than she usually does.

i got notice they sold 2755 shares today ... this did not really surprise me

View attachment 551985

Fund Date Time Direction Ticker CUSIP Company Shares
1 ARKG 06/15/2020 1:00PM Sell CDXS 192005106 CODEXIS INC 147100
2 ARKK 06/15/2020 1:00PM Buy PSTG 74624M102 PURE STORAGE INC 399178
3 ARKQ 06/15/2020 1:00PM Sell MTLS 57667T100 MATERIALISE NV 13400
4 ARKQ 06/15/2020 1:00PM Buy ESLT M3760D101 ELBIT SYSTEMS LTD 2400
5 ARKK 06/15/2020 1:00PM Sell LC 52603A208 LENDINGCLUB CORP 75000
6 ARKQ 06/15/2020 1:00PM Buy KTOS 50077B207 KRATOS DEFENSE & SECURITY SOLUTIONS INC 49778
7 ARKQ 06/15/2020 1:00PM Buy AVAV 008073108 AEROVIRONMENT INC 8388
8 ARKG 06/15/2020 1:00PM Buy PACB 69404D108 PACIFIC BIOSCIENCES OF CALIFORNIA INC 47515
9 ARKK 06/15/2020 1:00PM Buy PD 69553P100 PAGERDUTY INC 61100
10 ARKK 06/15/2020 1:00PM Sell IOVA 462260100 IOVANCE BIOTHERAPEUTICS INC 70554
11 ARKW 06/15/2020 1:00PM Sell VMW 928563402 VMWARE INC 39500
12 ARKQ 06/15/2020 1:00PM Sell PRLB 743713109 PROTO LABS INC 7640
13 ARKW 06/15/2020 1:00PM Buy PINS 72352L106 PINTEREST INC 252689
14 ARKK 06/15/2020 1:00PM Buy Z 98954M200 ZILLOW GROUP INC 65409
15 ARKW 06/15/2020 1:00PM Buy SPOT L8681T102 SPOTIFY TECHNOLOGY SA 28788
16 ARKQ 06/15/2020 1:00PM Buy TWOU 90214J101 2U INC 22171
17 ARKF 06/15/2020 1:00PM Sell IBKR 45841N107 INTERACTIVE BROKERS GROUP INC 8810
18 ARKW 06/15/2020 1:00PM Sell SNAP 83304A106 SNAP INC 260915
19 ARKW 06/15/2020 1:00PM Buy PDD 722304102 PINDUODUO INC 54738
20 ARKQ 06/15/2020 1:00PM Sell TER 880770102 TERADYNE INC 13619
21 ARKK 06/15/2020 1:00PM Buy TWST 90184D100 TWIST BIOSCIENCE CORP 2642
22 ARKK 06/15/2020 1:00PM Sell SQ 852234103 SQUARE INC 49100
23 ARKQ 06/15/2020 1:00PM Sell XLNX 983919101 XILINX INC 9619
24 ARKW 06/15/2020 1:00PM Sell SE 81141R100 SEA LTD 22322
25 ARKW 06/15/2020 1:00PM Sell MELI 58733R102 MERCADOLIBRE INC 1673
26 ARKW 06/15/2020 1:00PM Buy TWLO 90138F102 TWILIO INC 13282
27 ARKQ 06/15/2020 1:00PM Buy ADSK 052769106 AUTODESK INC 5038
28 ARKQ 06/15/2020 1:00PM Sell SPCE 92766K106 VIRGIN GALACTIC HOLDINGS INC 46700
29 ARKW 06/15/2020 1:00PM Buy ROKU 77543R102 ROKU INC 19764
30 ARKK 06/15/2020 1:00PM Buy SQ 852234103 SQUARE INC 16465
31 ARKF 06/15/2020 1:00PM Sell SNAP 83304A106 SNAP INC 17505
32 ARKF 06/15/2020 1:00PM Sell WORK 83088V102 SLACK TECHNOLOGIES INC 29900
33 ARKF 06/15/2020 1:00PM Sell MELI 58733R102 MERCADOLIBRE INC 398
34 ARKF 06/15/2020 1:00PM Sell SE 81141R100 SEA LTD 3833
35 ARKF 06/15/2020 1:00PM Sell PDD 722304102 PINDUODUO INC 11851
36 ARKW 06/15/2020 1:00PM Sell TSLA 88160R101 TESLA INC 2755

 

[ruralectric]

Despite TSLA comprising more than 10% of three actively managed ARK ETFs, they didn't sell any of its shares today. Perhaps Cathie has reason to let it ride a little longer than she usually does.

View attachment 551985

Hmm. FYI, Sometimes I get several versions of the ARK daily trades in a single day due to missing data. Today I only got one and it is a bit longer than the one you posted, Curt. This one does in fact show that they sold some TSLA from ARKW.

Copied from an e-mail I got at 3:14pm PDT:

Latest Trades
Fund Date Time Direction Ticker CUSIP Company Shares
1 ARKG 06/15/2020 1:00PM Sell CDXS 192005106 CODEXIS INC 147100
2 ARKK 06/15/2020 1:00PM Buy PSTG 74624M102 PURE STORAGE INC 399178
3 ARKQ 06/15/2020 1:00PM Sell MTLS 57667T100 MATERIALISE NV 13400
4 ARKQ 06/15/2020 1:00PM Buy ESLT M3760D101 ELBIT SYSTEMS LTD 2400
5 ARKK 06/15/2020 1:00PM Sell LC 52603A208 LENDINGCLUB CORP 75000
6 ARKQ 06/15/2020 1:00PM Buy KTOS 50077B207 KRATOS DEFENSE & SECURITY SOLUTIONS INC 49778
7 ARKQ 06/15/2020 1:00PM Buy AVAV 008073108 AEROVIRONMENT INC 8388
8 ARKG 06/15/2020 1:00PM Buy PACB 69404D108 PACIFIC BIOSCIENCES OF CALIFORNIA INC 47515
9 ARKK 06/15/2020 1:00PM Buy PD 69553P100 PAGERDUTY INC 61100
10 ARKK 06/15/2020 1:00PM Sell IOVA 462260100 IOVANCE BIOTHERAPEUTICS INC 70554
11 ARKW 06/15/2020 1:00PM Sell VMW 928563402 VMWARE INC 39500
12 ARKQ 06/15/2020 1:00PM Sell PRLB 743713109 PROTO LABS INC 7640
13 ARKW 06/15/2020 1:00PM Buy PINS 72352L106 PINTEREST INC 252689
14 ARKK 06/15/2020 1:00PM Buy Z 98954M200 ZILLOW GROUP INC 65409
15 ARKW 06/15/2020 1:00PM Buy SPOT L8681T102 SPOTIFY TECHNOLOGY SA 28788
16 ARKQ 06/15/2020 1:00PM Buy TWOU 90214J101 2U INC 22171
17 ARKF 06/15/2020 1:00PM Sell IBKR 45841N107 INTERACTIVE BROKERS GROUP INC 8810
18 ARKW 06/15/2020 1:00PM Sell SNAP 83304A106 SNAP INC 260915
19 ARKW 06/15/2020 1:00PM Buy PDD 722304102 PINDUODUO INC 54738
20 ARKQ 06/15/2020 1:00PM Sell TER 880770102 TERADYNE INC 13619
21 ARKK 06/15/2020 1:00PM Buy TWST 90184D100 TWIST BIOSCIENCE CORP 2642
22 ARKK 06/15/2020 1:00PM Sell SQ 852234103 SQUARE INC 49100
23 ARKQ 06/15/2020 1:00PM Sell XLNX 983919101 XILINX INC 9619
24 ARKW 06/15/2020 1:00PM Sell SE 81141R100 SEA LTD 22322
25 ARKW 06/15/2020 1:00PM Sell MELI 58733R102 MERCADOLIBRE INC 1673
26 ARKW 06/15/2020 1:00PM Buy TWLO 90138F102 TWILIO INC 13282
27 ARKQ 06/15/2020 1:00PM Buy ADSK 052769106 AUTODESK INC 5038
28 ARKQ 06/15/2020 1:00PM Sell SPCE 92766K106 VIRGIN GALACTIC HOLDINGS INC 46700
29 ARKW 06/15/2020 1:00PM Buy ROKU 77543R102 ROKU INC 19764
30 ARKK 06/15/2020 1:00PM Buy SQ 852234103 SQUARE INC 16465
31 ARKF 06/15/2020 1:00PM Sell SNAP 83304A106 SNAP INC 17505
32 ARKF 06/15/2020 1:00PM Sell WORK 83088V102 SLACK TECHNOLOGIES INC 29900
33 ARKF 06/15/2020 1:00PM Sell MELI 58733R102 MERCADOLIBRE INC 398
34 ARKF 06/15/2020 1:00PM Sell SE 81141R100 SEA LTD 3833
35 ARKF 06/15/2020 1:00PM Sell PDD 722304102 PINDUODUO INC 11851
36 ARKW 06/15/2020 1:00PM Sell TSLA 88160R101 TESLA INC 2755

Edit: Ha! Zero CO2 beat me to it.

 

[StealthP3D]

If the batteries are used by an energy generator (most likely solar or wind, but there's also nothing stopping a fossil fuel generation plant from using them) it's not an issue. The issue is when the energy provider (e.g. OnCore) tries to use them to help the consumer that the law takes into effect. Of course, it would make more sense for OnCore to use batteries because they get power from many energy generators and could better regulate the storage of electricity, but that would cut into the profits of the peaker generating plants.

Is there anything preventing a startup energy provider from providing peaking services to OnCore (or other energy providers)? I mean, if you can run a profitable fossil fuel peaker plant, why not a profitable battery peaker plant?

I imagine there is a restriction on energy generators (wholesalers) buying electricity? If so, this is another one of those counterproductive protectionistic Texas laws that need to be struck down before Texas can claim to stand for free-market principles. It's crony-capitalism at it's worst.

This is what happens when power is concentrated in the hands of a few wealthy people and the "regular folk" just sit back and admire the rich people and let them do as they please. Which is to say the working people chose to take it up the butt (by being passive about it). It doesn't seem to fit the stereotypical image of the fiercely independent Texan who won't take any BS from anyone.

 

[juanmedina]

this guy does daily technical analysis fyi ... I don't know if he is any good but I been watching his videos for a while just for reference.