frommi Posted July 11, 2020 Share Posted July 11, 2020 S&P500 index inclusion. Will drop like a stone if this process is finished. If Musk is smart he eliminates all debt with share issuance now. Link to comment Share on other sites More sharing options...
SHDL Posted July 11, 2020 Share Posted July 11, 2020 How do you explain the price action? Surely can't be retail moving a close to 300b mcap company like that? And short interest is low (pct wise) compared to history it seems. I know very little about options and trading and really do not get it. One theory that’s been going around is that there is a gamma squeeze going on. See, for instance: Another contributor to the dynamic I think is the low “effective float,” by which I mean a large number of shares are held by people who will basically not sell at any price close to where it’s trading. That essentially makes the stock less liquid and its price more sensitive to additional buying. Link to comment Share on other sites More sharing options...
gfp Posted July 13, 2020 Share Posted July 13, 2020 $320 Billion - so fascinating to watch Link to comment Share on other sites More sharing options...
gary17 Posted July 13, 2020 Share Posted July 13, 2020 price target is $ 4000 isn't it? still pretty cheap ! Link to comment Share on other sites More sharing options...
AzCactus Posted July 13, 2020 Share Posted July 13, 2020 This is just so stupid. The same people who will eventually lose their money on Tesla are the same people who say the government should help them out more when they get old and have nothing saved. Truly gag worthy. Link to comment Share on other sites More sharing options...
UNF2007 Posted July 13, 2020 Share Posted July 13, 2020 This is interesting to watch. Was thinking about it today, and for TSLA current market cap you could roughly own all the public equity of, Ford, GM, Toyota, Honda, FCAU and still have around 20B of walking around money. Link to comment Share on other sites More sharing options...
AzCactus Posted July 13, 2020 Share Posted July 13, 2020 This is interesting to watch. Was thinking about it today, and for TSLA current market cap you could roughly own all the public equity of, Ford, GM, Toyota, Honda, FCAU and still have around 20B of walking around money. Didn't double check the math but it sounds right and is totally crazy. Link to comment Share on other sites More sharing options...
compoundvalue Posted July 13, 2020 Share Posted July 13, 2020 “I would never buy [ Tesla], and I would never sell it short” Munger February 12 2020 Link to comment Share on other sites More sharing options...
JRM Posted July 13, 2020 Share Posted July 13, 2020 If TSLA does indeed join the S&P 500 then there will be even more retail bag holders that don't even know they own to the stock. And they get to buy it at all time highs. Crazy stuff. Link to comment Share on other sites More sharing options...
Liberty Posted July 13, 2020 Share Posted July 13, 2020 Insane. But as someone who doesn't care about investing in the field but cares about EVs, this is great. It'll attract more capital to the field (you can already see all the other makers of EVs trucks and such raising money and going public), make legacy carmakers accelerate their transitions (for decades they always had huge incentives to slow-play things and make crappy EVs, and restrict them to low volumes, to not cannibalize their ICE sales, but now this strategy won't work anymore), and hopefully it'll lead to a much faster pace of innovation than without this craziness, kind of like all the fiber being laid during the dot-com that make everything that happened afterwards much easier and faster. Link to comment Share on other sites More sharing options...
gfp Posted July 13, 2020 Share Posted July 13, 2020 This is interesting to watch. Was thinking about it today, and for TSLA current market cap you could roughly own all the public equity of, Ford, GM, Toyota, Honda, FCAU and still have around 20B of walking around money. Don't think thats quite right - but the point stands Toyota is $203.9 Billion on its own GM is $34.9 Billion F is $24.26 B FCAU is $15.86 B Honda is $46 B - so like $325 Billion for the "big 5" (20 billion for Nikola vs $15.9 Billion for FCAU... yikes!) Link to comment Share on other sites More sharing options...
rkbabang Posted July 13, 2020 Share Posted July 13, 2020 Insane. But as someone who doesn't care about investing in the field but cares about EVs, this is great. It'll attract more capital to the field (you can already see all the other makers of EVs trucks and such raising money and going public), make legacy carmakers accelerate their transitions (for decades they always had huge incentives to slow-play things and make crappy EVs, and restrict them to low volumes, to not cannibalize their ICE sales, but now this strategy won't work anymore), and hopefully it'll lead to a much faster pace of innovation than without this craziness, kind of like all the fiber being laid during the dot-com that make everything that happened afterwards much easier and faster. +1. That is how I view this as well. Whether or not TSLA investors make any money from here is besides the point (now that I'm no longer a TSLA investor, foolishly selling in the 200s). TSLA has now changed the industry forever. Link to comment Share on other sites More sharing options...
lnofeisone Posted July 13, 2020 Share Posted July 13, 2020 kind of like all the fiber being laid during the dot-com that make everything that happened afterwards much easier and faster. To extend on the parallel here...after the fiber was laid, many of the fiber laying/using companies ended up in bankruptcy. Few honorable mentions: Global Crossing, Lucent, Sycamore, JD Uniphase (one of the first stocks I purchased in my very own brokerage account and got to experience the joys of a stock split), Advanced Fibre, Corvis, TyCom. The age of dark fibre (unlit, unused fiber) followed and took the next 10-15 years to put a dent into the available capacity. While I think the EV market is benefiting from substantial technology maturation and much more favorable adoption, I do think this overexcitement and rapid investments into the EV tech will lead to similar EV winter. I guess this is a long way of saying that I don't have any Tesla but wish I did ;D. Link to comment Share on other sites More sharing options...
Xerxes Posted July 13, 2020 Share Posted July 13, 2020 GM is getting a 3% sympathy gain on the back of Tesla. I feeeel GREAT !!!! All those Barron articles I read when they kept ditching Tesla and Netflix. Link to comment Share on other sites More sharing options...
BG2008 Posted July 13, 2020 Share Posted July 13, 2020 Insane. But as someone who doesn't care about investing in the field but cares about EVs, this is great. It'll attract more capital to the field (you can already see all the other makers of EVs trucks and such raising money and going public), make legacy carmakers accelerate their transitions (for decades they always had huge incentives to slow-play things and make crappy EVs, and restrict them to low volumes, to not cannibalize their ICE sales, but now this strategy won't work anymore), and hopefully it'll lead to a much faster pace of innovation than without this craziness, kind of like all the fiber being laid during the dot-com that make everything that happened afterwards much easier and faster. +1. That is how I view this as well. Whether or not TSLA investors make any money from here is besides the point (now that I'm no longer a TSLA investor, foolishly selling in the 200s). TSLA has now changed the industry forever. As a value investor, TSLA price actions and Elon's antics annoy me. But as a human being, I think it's good for the planet. I think buying some 40-50% OTM puts maybe interesting. But what do I know? 420 Funding Secured looks like a bargain now! Maybe that Elon guy is kind of good. Link to comment Share on other sites More sharing options...
Xerxes Posted July 13, 2020 Share Posted July 13, 2020 Folks Don’t feel bad. Saudi sold their giant Tesla stake in Q4 2019 right before the massive rally to $900. Link to comment Share on other sites More sharing options...
rb Posted July 13, 2020 Share Posted July 13, 2020 This is interesting to watch. Was thinking about it today, and for TSLA current market cap you could roughly own all the public equity of, Ford, GM, Toyota, Honda, FCAU and still have around 20B of walking around money. Don't think thats quite right - but the point stands Toyota is $203.9 Billion on its own GM is $34.9 Billion F is $24.26 B FCAU is $15.86 B Honda is $46 B - so like $325 Billion for the "big 5" (20 billion for Nikola vs $15.9 Billion for FCAU... yikes!) Well if you were able to pull that off you could use all the cash on Toyota and Honda's balance sheets and probably add Daimler and something else to your list as well. Link to comment Share on other sites More sharing options...
jfan Posted July 13, 2020 Share Posted July 13, 2020 https://www.hellerhs.com/post/the-world-in-ten-years A different perspective on Tesla. Link to comment Share on other sites More sharing options...
Jurgis Posted July 13, 2020 Share Posted July 13, 2020 Sold 1 share from my beer-sized position today. /yawn Link to comment Share on other sites More sharing options...
fareastwarriors Posted July 13, 2020 Share Posted July 13, 2020 Sold 1 share from my beer-sized position today. /yawn That 1 share will provide many beers. Cheers! Link to comment Share on other sites More sharing options...
Liberty Posted July 13, 2020 Share Posted July 13, 2020 kind of like all the fiber being laid during the dot-com that make everything that happened afterwards much easier and faster. To extend on the parallel here...after the fiber was laid, many of the fiber laying/using companies ended up in bankruptcy. Few honorable mentions: Global Crossing, Lucent, Sycamore, JD Uniphase (one of the first stocks I purchased in my very own brokerage account and got to experience the joys of a stock split), Advanced Fibre, Corvis, TyCom. The age of dark fibre (unlit, unused fiber) followed and took the next 10-15 years to put a dent into the available capacity. While I think the EV market is benefiting from substantial technology maturation and much more favorable adoption, I do think this overexcitement and rapid investments into the EV tech will lead to similar EV winter. I guess this is a long way of saying that I don't have any Tesla but wish I did ;D. Yeah, I don't expect a winter too. My analogy was only that when there's high excitement about a field, it can pull the future forward and make things happen faster than they otherwise would. Link to comment Share on other sites More sharing options...
Liberty Posted July 13, 2020 Share Posted July 13, 2020 Folks Don’t feel bad. Saudi sold their giant Tesla stake in Q4 2019 right before the massive rally to $900. I feel really good about that, actually. Screw them. Link to comment Share on other sites More sharing options...
BG2008 Posted July 13, 2020 Share Posted July 13, 2020 Sold 1 share from my beer-sized position today. /yawn That 1 share will provide many beers. Cheers! You are under estimating how much Jurgis drinks Link to comment Share on other sites More sharing options...
Jurgis Posted July 13, 2020 Share Posted July 13, 2020 Sold 1 share from my beer-sized position today. /yawn That 1 share will provide many beers. Cheers! You are under estimating how much Jurgis drinks QFT Link to comment Share on other sites More sharing options...
gary17 Posted July 14, 2020 Share Posted July 14, 2020 Folks Don’t feel bad. Saudi sold their giant Tesla stake in Q4 2019 right before the massive rally to $900. I feel really good about that, actually. Screw them. plus 100%. screw those guys there are a few bad guys in the world Link to comment Share on other sites More sharing options...
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