It's definitely on the high side, but it's possible. They sold $179 million in Q4 of last year.
Good catch, had that report open as I typed my post but I read 179 as 129. Not sure if I should blame my poor eyes or the dyslexia.
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It's definitely on the high side, but it's possible. They sold $179 million in Q4 of last year.
WSJ, which is NOT a reliable source (lied way too often), spread rumors in August that the Saudis were considering increasing their stake above the current 4.5%. (I found several sources which thought it was 4.5% or 4.6% right now.)
In 2 years my older daughter will get her drivers license. I guess I will get a barebone 35k model 3 for her.
My son is just learning for the exam to get driving licence (year 2000). I asked myself which generation will make licence for Autonomus drive only?
I agree. As you and I both track the 13F activity we know Fidelity did not increase their holdings in Q2 but actually reduced them. Nasdaq mistook a revised 13F and instead added the revised amount to the reported Fidelity holdings and for some reason will not correct their listings. That will surely cause some upset when the new reported holdings come out around November 15th and will show Fidelity selling off over 10-12 million shares in relation to their erroneous Q2 number of 21 million.
Nasdaq is certainly not doing Tesla any favors by misreporting the Fidelity holdings.
Exactly! And, why is not Einhorn's CNBC statement that "Tesla will end up like Lehman Brothers after Musk's deception is revealed" libelous? This is what I see every time I Google Tesla's stock price.
WSJ, which is NOT a reliable source (lied way too often), spread rumors in August that the Saudis were considering increasing their stake above the current 4.5%. (I found several sources which thought it was 4.5% or 4.6% right now.)
Tesla has a great product. Anyone notice the gas prices lately? $4 a gallon in Southern California. Anyone care to guess when it’ll get to $5?
Tesla's Battery In South Australia Breaks Stranglehold Of Natural Gas Industry | CleanTechnica
Bloomberg tried to tell MbS that Elon is crazy, the interviewer straight up said it to him and MbS just blew him off though he admitted he has never met Elon. Couple other interesting things from that interview, MbS himself has not driven a Tesla but he has ridden in one. This may not be of any significance, as MbS isn't known for being a car enthusiast and there is no reason why someone like MbS would ever drive his own car anywhere or anytime except for his own pleasure. He also says that Tesla is free to open a store in Saudi Arabia if they want, Apple is opening their first in Riyadh because foreign ownership is being allowed to be 100% soon.During his interview with Bloomberg last week, MbS stated the following:
MBS: Actually, we, PIF invests in a lot of companies in the United States of America, especially in the stock market. And Tesla looked like a good opportunity for PIF and we bought a few shares there. We have almost 5% of the company.
The Prince did not directly answer a question about whether the Saudis plan to invest further in Tesla:
Bloomberg: Do you have any plans to invest more in Tesla?This extended Q&A segment is also of interest to TSLA investors:
MBS: We’ve invested in Tesla like any other financial investor in the stock market. There are discussions with a lot of companies, a lot of funds, but we’ve announced nothing in that area.
So, we wait for news from The Future Investment Initiative conference [FII].
Bloomberg: Are you seeing some of this coming in the non-oil sector too? Because oil has been -- historically you’ve seen a lot of oil investments but the crucial thing is non-oil FDI.
MBS: We believe it’s both. We believe we will have an amazing deal in October, in two weeks from today. So it will be big numbers. It will be in FII [The Future Investment Initiative conference] and it’s far away from oil. This deal is just what’s happening in Saudi Arabia – so there is one deal in FII and there are other deals that will be announced there.
Bloomberg: Any details we can get – what industry even?
MBS: It’s far away from oil.
Bloomberg: Is it technology?
MBS: Maybe. But this is in Saudi Arabia with big numbers.
Bloomberg: Is it anything to do with cars?
MBS: We will see. You know, we are two weeks away from that date.
Cheers!
During his interview with Bloomberg last week, MbS stated the following:
MBS: Actually, we, PIF invests in a lot of companies in the United States of America, especially in the stock market. And Tesla looked like a good opportunity for PIF and we bought a few shares there. We have almost 5% of the company.
The Prince did not directly answer a question about whether the Saudis plan to invest further in Tesla:
Bloomberg: Do you have any plans to invest more in Tesla?This extended Q&A segment is also of interest to TSLA investors:
MBS: We’ve invested in Tesla like any other financial investor in the stock market. There are discussions with a lot of companies, a lot of funds, but we’ve announced nothing in that area.
So, we wait for news from The Future Investment Initiative conference [FII].
Bloomberg: Are you seeing some of this coming in the non-oil sector too? Because oil has been -- historically you’ve seen a lot of oil investments but the crucial thing is non-oil FDI.
MBS: We believe it’s both. We believe we will have an amazing deal in October, in two weeks from today. So it will be big numbers. It will be in FII [The Future Investment Initiative conference] and it’s far away from oil. This deal is just what’s happening in Saudi Arabia – so there is one deal in FII and there are other deals that will be announced there.
Bloomberg: Any details we can get – what industry even?
MBS: It’s far away from oil.
Bloomberg: Is it technology?
MBS: Maybe. But this is in Saudi Arabia with big numbers.
Bloomberg: Is it anything to do with cars?
MBS: We will see. You know, we are two weeks away from that date.
Cheers!
If long-term holders keep accumulating, eventually it gets to the point where all the shares being traded short-term are the ones fabricated by short-sellers. That's when you can get an honest-to-goodness short squeeze.
I'll report one then. On my 2014 P85 I had the drive unit replaced (due to the infamous "milling" sound) with a P version in October, 2016. A year later they had to replace that drive unit with another P version. All they wrote on the service report was that it was "faulty". Surprised me.(1) The motor/drivetrain costs under $5000 (probably a lot less, may be more like $2000). Drivetrain replacements were due to a *design issue*. There have been no reported drivetrain replacements since the "P" revision was released in late 2016.
Tesla is still in it's multi-year upward channel. As long as it doesn't break below ~$255.
They are fools if they don't at least do a blog post or a PR on the fact they have produced the 100.000th Model 3. You know the car the MSM refers to as the "struggling Model 3 haunted by production issues".Elon's been re-Tweeting quite a lot the last 24 hours, but it's all positive stuff, so don't get your knickers in a twist...
And now Troy's reporting this:
View attachment 342160
No idea if this was posted already. Saw this on Reddit. The full Macquerie Report on today's $430 price target.
Dropbox - tsla_macquerie_tws.pdf