KFS Posted February 9, 2021 Share Posted February 9, 2021 Tesla Summoned by Chinese Regulators on Quality Issues https://www.reuters.com/article/us-tesla-china/chinese-regulators-call-in-tesla-over-customer-complaints-idUSKBN2A818V https://www.wsj.com/articles/chinese-regulators-summon-tesla-on-quality-issues-11612788928 Of course, this news will be smothered by the bitcoin news. Textbook Tesla style indeed: Conveniently leaked on day of massive recall. Tesla is very good at SEO. Once you notice it, like carbon capture prize day before report about natgas drilling for SpaceX it's hard not to see alot of Musks actions from this lens. It appears we are not the only ones noticing this pattern.... https://www.businessinsider.in/stock-market/news/big-short-investor-michael-burry-says-teslas-1-5-billion-bet-on-bitcoin-was-a-distraction-and-dogecoins-record-price-signals-a-massive-bubble/articleshow/80769582.cms Link to comment Share on other sites More sharing options...
MattR Posted February 10, 2021 Share Posted February 10, 2021 Tesla Summoned by Chinese Regulators on Quality Issues https://www.reuters.com/article/us-tesla-china/chinese-regulators-call-in-tesla-over-customer-complaints-idUSKBN2A818V https://www.wsj.com/articles/chinese-regulators-summon-tesla-on-quality-issues-11612788928 Of course, this news will be smothered by the bitcoin news. Textbook Tesla style indeed: Conveniently leaked on day of massive recall. Tesla is very good at SEO. Once you notice it, like carbon capture prize day before report about natgas drilling for SpaceX it's hard not to see alot of Musks actions from this lens. It appears we are not the only ones noticing this pattern.... https://www.businessinsider.in/stock-market/news/big-short-investor-michael-burry-says-teslas-1-5-billion-bet-on-bitcoin-was-a-distraction-and-dogecoins-record-price-signals-a-massive-bubble/articleshow/80769582.cms I think Burry is probably the smartest of the young investors out there. So far most of his picks were on point, he just tends to be to early. So I expect the Tesla Bubble to change in Mid 2022/Beginning 2023 Link to comment Share on other sites More sharing options...
JRM Posted February 10, 2021 Share Posted February 10, 2021 So apparently Tesla bought Dogecoin, too? WTF. So Musk was\is pumping bitcoin and dogecoin on twitter. How is that legal? Is he engaging in pump and dump to help finance Tesla? Link to comment Share on other sites More sharing options...
bennycx Posted February 10, 2021 Share Posted February 10, 2021 I wonder if Feds don’t want to be seen as bursting the bubble and therefore they are afraid to come down hard on Tesla, alt coins etc, but go after banks which are safe targets. Link to comment Share on other sites More sharing options...
gfp Posted February 10, 2021 Share Posted February 10, 2021 So apparently Tesla bought Dogecoin, too? WTF. So Musk was\is pumping bitcoin and dogecoin on twitter. How is that legal? Is he engaging in pump and dump to help finance Tesla? Where are you hearing Tesla purchased Dogecoin? That would be trouble but I have not seen that anywhere. Link to comment Share on other sites More sharing options...
KFS Posted February 10, 2021 Share Posted February 10, 2021 Tesla Billionaire Elon Musk Issued Serious Bitcoin Warning Over Price-Boosting Tweets https://www.forbes.com/sites/billybambrough/2021/02/10/tesla-billionaire-elon-musk-issued-serious-bitcoin-warning-over-price-boosting-tweets/?sh=bc1727dbbacc "It would not be surprising—given the focus on the chief executive's tweets, bitcoin pricing and recent dramatic market moves—for the SEC to ask questions about the facts and circumstances here," Doug Davison, a partner at Linklaters and a former branch chief of the SEC's division of enforcement, told The Telegraph newspaper, which reported the focus would likely be on exactly when Tesla bought bitcoin. Link to comment Share on other sites More sharing options...
JRM Posted February 10, 2021 Share Posted February 10, 2021 So apparently Tesla bought Dogecoin, too? WTF. So Musk was\is pumping bitcoin and dogecoin on twitter. How is that legal? Is he engaging in pump and dump to help finance Tesla? Where are you hearing Tesla purchased Dogecoin? That would be trouble but I have not seen that anywhere. https://twitter.com/elonmusk?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor I guess I'm assuming Tesla is the purchaser after the recent news, but it could be his personal account based on the wording. Link to comment Share on other sites More sharing options...
fareastwarriors Posted February 13, 2021 Share Posted February 13, 2021 Tesla to set up electric car manufacturing unit in southern India https://www.reuters.com/article/us-tesla-india-electric/tesla-to-set-up-electric-car-manufacturing-unit-in-southern-india-idUSKBN2AD0GO Link to comment Share on other sites More sharing options...
kab60 Posted February 14, 2021 Share Posted February 14, 2021 Despite what seems like very poor build quality and bad service, Tesla does seem to have had an advantage in their batteries and range. I wonder if it'll be game over when SSD batteries hit the streets. I really see not reason then to go with a Tesla, even more so because the design starts to look very dated (and I always thought cheap). Anyway, that should be around 2022/2023. Seems a long time to wait, it'll probably pop before, but how are they gonna overcome that if they're at a range disadvantage? Link to comment Share on other sites More sharing options...
kab60 Posted February 14, 2021 Share Posted February 14, 2021 As a business, I think the smart thing would be to use the stock to buy another fullblown OEM. But I doubt any of them would want that, and I suppose the Tesla narrative of useless legacy carmakers would crack. They've had a hell of a run, but I just don't see how he'll manage to keep the stock price up when real competition comes and the range advantage is suddenly gone and Tesla are perhaps at a disadvantage. I guess Tesla bulls might say Tesla software and FSD, but even if there was anything to that, I doubt most electric car buyers would care. Link to comment Share on other sites More sharing options...
bizaro86 Posted February 14, 2021 Share Posted February 14, 2021 As a business, I think the smart thing would be to use the stock to buy another fullblown OEM. But I doubt any of them would want that, and I suppose the Tesla narrative of useless legacy carmakers would crack. They've had a hell of a run, but I just don't see how he'll manage to keep the stock price up when real competition comes and the range advantage is suddenly gone and Tesla are perhaps at a disadvantage. I guess Tesla bulls might say Tesla software and FSD, but even if there was anything to that, I doubt most electric car buyers would care. Yeah, buying something big with stock would be absolutely the right choice. I think from a "story" point of view a big utility or two, with a promise to add a bunch of solar and maybe use EVs in garages for peak shaving would be the best. Fits the message, and gets a lot of overvalued stock into something reasonably fair valued. Link to comment Share on other sites More sharing options...
Jurgis Posted February 16, 2021 Share Posted February 16, 2021 Yeah, buying something big with stock would be absolutely the right choice. I'm just gonna repeat myself: $BTC for $TSLA. 8) Link to comment Share on other sites More sharing options...
KFS Posted February 16, 2021 Share Posted February 16, 2021 Burry throwing punches. https://markets.businessinsider.com/news/stocks/big-short-michael-burry-tesla-boom-internet-stocks-housing-bubbles-2021-2-1030086573 https://markets.businessinsider.com/news/stocks/big-short-michael-burry-tesla-stock-price-decline-market-crash-2021-2-1030083091 Link to comment Share on other sites More sharing options...
Castanza Posted February 16, 2021 Share Posted February 16, 2021 Would love to be a fly on the wall if Chanos and Burry ever sat down to talk shop. Link to comment Share on other sites More sharing options...
shamelesscloner Posted February 16, 2021 Share Posted February 16, 2021 Burry throwing punches. https://markets.businessinsider.com/news/stocks/big-short-michael-burry-tesla-boom-internet-stocks-housing-bubbles-2021-2-1030086573 https://markets.businessinsider.com/news/stocks/big-short-michael-burry-tesla-stock-price-decline-market-crash-2021-2-1030083091 Another downside of shorting... you're financially incentivized to be the village grinch ;) Link to comment Share on other sites More sharing options...
fareastwarriors Posted February 17, 2021 Share Posted February 17, 2021 Cathie Wood says her confidence is growing in Tesla, Ark Invest has been adding to position https://www.cnbc.com/2021/02/17/cathie-wood-says-her-confidence-is-growing-in-tesla-ark-invest-has-been-adding-to-position.html :-X Link to comment Share on other sites More sharing options...
Jurgis Posted February 18, 2021 Share Posted February 18, 2021 I'm still out couple years before buying a car, but Model 3 and Y pricing is rather attractive. Standard range prices were cut. Link to comment Share on other sites More sharing options...
fareastwarriors Posted February 18, 2021 Share Posted February 18, 2021 I'm still out couple years before buying a car, but Model 3 and Y pricing is rather attractive. Standard range prices were cut. The federal EV credits might come back too. ;) Link to comment Share on other sites More sharing options...
Jurgis Posted February 18, 2021 Share Posted February 18, 2021 I'm still out couple years before buying a car, but Model 3 and Y pricing is rather attractive. Standard range prices were cut. The federal EV credits might come back too. ;) Yeah, $7K would be a large benefit. Although that assumes that Tesla won't raise prices if EV credit is approved... ::) Link to comment Share on other sites More sharing options...
KFS Posted February 23, 2021 Share Posted February 23, 2021 Great news! Tesla's P/E ratio is below 1000 for the first time in months. ;D ;D ;D A healthy return of sanity in a world gone mad? Link to comment Share on other sites More sharing options...
BG2008 Posted February 23, 2021 Share Posted February 23, 2021 I got some $500/400 puts that expires next month. Give me a 4 handle! Link to comment Share on other sites More sharing options...
drzola Posted February 23, 2021 Share Posted February 23, 2021 Is Fairfax short's left actually Shopify and Tesla, anyone want to guess here? I am adding to parent Fairfax and Fairfax India in small amounts starting yesterday and got filled at low bid prices today so far fyi. Link to comment Share on other sites More sharing options...
fareastwarriors Posted February 25, 2021 Share Posted February 25, 2021 Tesla CEO Elon Musk is reportedly under SEC investigation over Dogecoin tweets https://electrek.co/2021/02/25/tesla-ceo-elon-musk-reportedly-under-sec-investigation-over-dogecoin-tweets/ Link to comment Share on other sites More sharing options...
rkbabang Posted February 25, 2021 Share Posted February 25, 2021 Tesla CEO Elon Musk is reportedly under SEC investigation over Dogecoin tweets https://electrek.co/2021/02/25/tesla-ceo-elon-musk-reportedly-under-sec-investigation-over-dogecoin-tweets/ Is it illegal to tweet about a joke cryptocurrency even if you don't profit from the price movements you cause because you have dumb followers? The SEC really has nothing to do apparently. Link to comment Share on other sites More sharing options...
TwoCitiesCapital Posted February 25, 2021 Share Posted February 25, 2021 Tesla CEO Elon Musk is reportedly under SEC investigation over Dogecoin tweets https://electrek.co/2021/02/25/tesla-ceo-elon-musk-reportedly-under-sec-investigation-over-dogecoin-tweets/ Is it illegal to tweet about a joke cryptocurrency even if you don't profit from the price movements you cause because you have dumb followers? The SEC really has nothing to do apparently. Given his history of manipulating markets with tweets, it probably makes sense to keep a tighter leash on him. And suggesting S.E.C stands for "Sucks Elon's C*ck" probably didn't engender much good will with them either. Link to comment Share on other sites More sharing options...
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