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

[Artful Dodger]

Intel seems to be selling some of its stake in mobile eye.

Intel to sell $1.5 bln stake in Mobileye - Reuters (17 hrs ago)

Intel to sell $1.5 billion stake in Mobileye

Intel Corp is offering 35 million shares of Class A common stock, or about a $1.5 billion stake, in Mobileye Global Inc , according to a regulatory filing on Monday.

www.reuters.com

 

[cusetownusa]

Tesla opening a new sales location in upstate NY...

Tesla to open its first Upstate New York sales showroom in deal with Oneida Indian Nation

Sales and service will be available just off NYS Thruway Exit 34 at Canastota.

www.syracuse.com

This will help sales in NYS.

 

[Cosmacelf]

This major geopolitical event might affect the stock market? Don’t know.

Mod: Yes, the news might have impact, but I tell all y'all that follow-up discussion will be short lived in this thread. --ggr

https://twitter.com/x/status/1666005613451591682

 

[Hiline]

We've had a few good weeks so people are getting back into rally mode.

I'm still skeptical of this year. I don't trust Powell and I fear we might see another rate hike yet, or some unforeseen negative catalyst to plunge the market down again. Economy is still too shaky for me to feel confident in it. To say nothing of Tesla's price cuts, lower margins, and CT line ramp costs.

Yeah I'm still holding cash and waiting on the sideline. Q2 earnings are going to be a disaster. Without ads coming online soon, Q3 earnings are not going to look much better. A crash right back down to $150 is not out of the question.

 

[Buckminster]

https://twitter.com/x/status/1666082864130314240

Useful...

 

[bkp_duke]

Intel to sell $1.5 bln stake in Mobileye - Reuters (17 hrs ago)

Intel to sell $1.5 billion stake in Mobileye

Intel Corp is offering 35 million shares of Class A common stock, or about a $1.5 billion stake, in Mobileye Global Inc , according to a regulatory filing on Monday.

www.reuters.com

Nothing screams "confidence" like selling your stake in something you spun off recently . . .

 

[Artful Dodger]

New Tesla showroom/ delivery/ service center coming to upstate New York.
Sales tax goes to the Oneida Indian Nation.
h/t Sawyer Merritt
Oneida Indian Nation to Partner with Tesla to Develop the First Tesla Electric Vehicle Showroom in Upstate New York

Great News! While Verona, New York is a little far from Lake Placid for a Service Center at 160 miles, it could be very handy for @narrow Den

Cheers to the Longs!

 

[StarFoxisDown!]

Yeah I'm still holding cash and waiting on the sideline. Q2 earnings are going to be a disaster. Without ads coming online soon, Q3 earnings are not going to look much better. A crash right back down to $150 is not out of the question.

Care to actually explain why you’re so sure Q2 is going to be such a disaster?

Cause all I see is data pointing to 440-450k deliveries, limited price cuts/discounts, mostly on the vehicles that don’t matter much to Tesla’s bottom line. The Y, which is by far the money maker is doing great this quarter. Increased IRA credits from Austin expansion. Increased IRA credits from Shanghai now supporting Canada which means all Fremont/Austin production goes to US deliveries. Gross margin tailwinds from both Berlin and Austin hitting volume production. There’s more too but I’m sure the point is clear.

Not saying Q2 earnings are going to be spectacular, but I see no reason to think they’re going to be a disaster. I do think they’ll blow away analyst expectations

 

[SarahsDad]

Court upholds ruling for Musk over Tesla-SolarCity deal — Reuters

A trial court properly found that Telsa Inc chief Elon Musk did not push the electric carmaker to overpay for SolarCity in 2016, the Delaware Supreme Court said on Tuesday, ending years of litigation over the $2.6 billion deal.

stocks.apple.com

 

[SarahsDad]

What’s with all this positive MSM coverage? The universe must be about to explode.

Tesla's Model 3 cheaper than Toyota's Camry in California with tax benefits — Reuters

Tesla Inc's rapid adjustment of its battery supply chain means all of its Model 3 vehicles qualify for federal U.S. credits that, along with other tax breaks, could lower its price to less than a Toyota Camry.

stocks.apple.com

 

[Buckminster]

https://twitter.com/x/status/1666106232409661442

?

 

[pitabun]

Confession time: I sold 2/3 of long TSLA holdings prior to Q1 results. Thought CNBC interview is abnormal of him, Epstein being in the same sentence as Elon was a red flag, so I sold. It sucks being on the sidelines waiting for macro environment to worsen. Went through the entire pandemic and now I sold? <shakes head>

 

[GrandEnigma]

https://twitter.com/x/status/1666106232409661442

?

Was that part of the debt ceiling deal? What else was removed and from what as it leads with "also".

 

[mongo]

Was that part of the debt ceiling deal? What else was removed and from what as it leads with "also".

Previous tweet:

BIDEN ADMINISTRATION WILL STRIKE ELECTRIC VEHICLE PROPOSAL FROM FINAL BIOFUEL QUOTA RULE WHEN RELEASED LATER THIS MONTH - SOURCES

https://twitter.com/x/status/1666106065157607425

 

[mongo]

Previous tweet:

https://twitter.com/x/status/1666106065157607425

Not IRA related.

Seems like biofuels plan would have allowed credits to EV OEMs for charging where electricity was generated from landfill sourced natural gas.

Biden delays bid to grant electric carmakers renewable fuel credits

 

[MartinAustin]

"Could Tesla's charging system become the national standard in the U.S.?"

 

[Curt Renz]

In early 2013, Craig Johnson of Piper Sandler positively alerted me about Tesla, leading me to my first TSLA purchase. His colleague Alexander Potter has a Buy rating on TSLA and $280 price target.
This morning Craig wrote:
TSLA—Shares have reversed a declining price channel.• Back above the 10-/30-week WMAs.• RS is trending toward positive territory and impressive TechniGrade ranking.• A close above $218 should open the door to a new leg higher.

 

[GOVA]

Yeah I'm still holding cash and waiting on the sideline. Q2 earnings are going to be a disaster. Without ads coming online soon, Q3 earnings are not going to look much better. A crash right back down to $150 is not out of the question.

Disaster? Not sure if funny or disagree or both, so I guess - good luck

 

[Ogre]

Yeah I'm still holding cash and waiting on the sideline. Q2 earnings are going to be a disaster. Without ads coming online soon, Q3 earnings are not going to look much better. A crash right back down to $150 is not out of the question.

I can’t understand how someone can invest in a company when they clearly think company management is completely incompetent. I get how people can be bearish about specific things, lots of things which are concerning, particularly around the Macro and delivery timelines. But the way you paint it seems to suggest you feel Tesla management is perfectly willing to blindly row that boat right into oblivion.

Why are you here? Why would you ever invest in a company when you clearly think management is incapable of seeing clear and eminent danger ahead? It’s not just this post, I see you repeating a lot of weak bear cases which require assuming Tesla management is filled with idiots.

 

[2daMoon]

If the trend continues to rise at a measly 1% a day the SP should be around 600 by mid-September.

Such a trend would definitely be my friend. ​

Now, all I need is a technical trader to agree and it is all but a done deal, right?

Right?​

/S (Shirley, I'm not serious)