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. Given his history of manipulating markets with tweets, it probably makes sense to keep a tighter leash on him. And suggests S.E.C stands for "Sucks Elon's C*ck" probably didn't engender much good will with them either. I stand corrected there is something they can do. Link to comment Share on other sites More sharing options...
Jurgis Posted February 26, 2021 Share Posted February 26, 2021 Elon has tweeted that he bought Dogecoin for his son's account. So he does profit. Assuming his tweet was not a joke but who knows. Link to comment Share on other sites More sharing options...
Libs Posted February 27, 2021 Share Posted February 27, 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 suggests S.E.C stands for "Sucks Elon's C*ck" probably didn't engender much good will with them either. I stand corrected there is something they can do. Good one!! Link to comment Share on other sites More sharing options...
fareastwarriors Posted March 5, 2021 Share Posted March 5, 2021 https://www.cnbc.com/2021/03/03/fiat-chrysler-spent-eur-300-million-on-green-credits-mostly-from-tesla.html Fiat Chrysler said Wednesday on an earnings call that it spent EUR 300 million (US $362 million) on regulatory credits last year in Europe alone — most of which it bought from Tesla. The automaker is now part of Stellantis, formed in January by a merger of Peugeot parent PSA Groupe and Fiat Chrysler. Stellantis CFO Richard Palmer said on the call that the company expects to spend slightly less than EUR 300 million in 2021 on credits to avoid fines for CO2 emissions. “We had costs of credits in 2020 of around 300 million for Europe, most of which were Tesla,” he said, adding that spending will be lower “but not significantly” this year. (Palmer was previously Fiat Chrysler’s CFO.) ... Selling these regulatory credits has been an increasingly important part of Tesla’s business as the automaker has pushed toward sustained profitability. In 2020, Tesla generated $1.58 billion in revenue from sales of regulatory credits, nearly tripling its 2019 figure of $594 million What other automakers are buying from Tesla in large numbers? Or is it just delayed revenue recognition from previous years? Link to comment Share on other sites More sharing options...
fareastwarriors Posted March 8, 2021 Share Posted March 8, 2021 Tesla Is Plugging a Secret Mega-Battery Into the Texas Grid The utility-scale battery located outside of Houston will connect to the same grid that faltered in February’s freeze https://www.bloomberg.com/news/features/2021-03-08/tesla-is-plugging-a-secret-mega-battery-into-the-texas-grid?srnd=premium Link to comment Share on other sites More sharing options...
JRM Posted March 8, 2021 Share Posted March 8, 2021 Ooh, top secret battery bank. Why so secret? Very irrelevant metric of 20,000 homes supplied during a "hot summer day". I like how they tie this completely irrelevant metric to the recent grid failures due to freezing conditions. Does Tesla make any money slapping a "T" logo on these third party batteries? Link to comment Share on other sites More sharing options...
KFS Posted March 12, 2021 Share Posted March 12, 2021 The Tesla Mafia: How Elon Musk’s Ex-Employees Are Becoming His Top Rivals | Forbes https://www.forbes.com/sites/alanohnsman/2021/02/19/the-tesla-mafia-elon-musks-ex-employees-vie-to-become-his-top-rival/?sh=5963e6c49ea0 Link to comment Share on other sites More sharing options...
KFS Posted March 13, 2021 Share Posted March 13, 2021 A federal agency warns Tesla tests unfinished driverless tech on its users https://www.cnbc.com/2021/03/12/tesla-is-using-customers-to-test-av-tech-on-public-roads-ntsb.html Link to comment Share on other sites More sharing options...
lathinker Posted March 15, 2021 Share Posted March 15, 2021 https://www.sec.gov/ix?doc=/Archives/edgar/data/0001318605/000156459021012981/tsla-8k_20210315.htm Not sure where they buy it, but the guys at Teska clearly seem to have some of the best dope out there. Point to remember: Successful people think about their title a lot. :P Link to comment Share on other sites More sharing options...
Jurgis Posted March 15, 2021 Share Posted March 15, 2021 https://www.sec.gov/ix?doc=/Archives/edgar/data/0001318605/000156459021012981/tsla-8k_20210315.htm Not sure where they buy it, but the guys at Teska clearly seem to have some of the best dope out there. Point to remember: Successful people think about their title a lot. :P I had to list my title recently and decided that "NFT" is the title du jour. 8) Link to comment Share on other sites More sharing options...
KFS Posted March 17, 2021 Share Posted March 17, 2021 I am finding it entertaining that Volkswagen stock has nearly doubled recently, as investors finally become aware of the company's plans for EV/battery production, yet Tesla stock is entirely unaffected. When will the reality sink in that EV will be (already is) a tremendously competitive industry? Or, have Tesla bulls already accepted this, and are betting mostly on FSD/autonomous or other tech? Of course, finding a fundamental rationale for the behavior of this stock is a waste of time, as we already know. I'll continue gradually short selling more tsla to people buying with their stimulus checks over the next couple weeks. Once the stimulus checks are done, what is the next catalyst to keep the bubble propped up? The Fed has already held steady on its promise to keep easy-money policies in place, so this is old news. Link to comment Share on other sites More sharing options...
rkbabang Posted March 17, 2021 Share Posted March 17, 2021 Once the stimulus checks are done, what is the next catalyst to keep the bubble propped up? Why, the next round of stimulus, of course! And then the next and the next... Link to comment Share on other sites More sharing options...
KFS Posted March 17, 2021 Share Posted March 17, 2021 Once the stimulus checks are done, what is the next catalyst to keep the bubble propped up? Why, the next round of stimulus, of course! And then the next and the next... Sorry, I honestly can't tell if you are being sarcastic or serious. ;D Link to comment Share on other sites More sharing options...
rkbabang Posted March 17, 2021 Share Posted March 17, 2021 Once the stimulus checks are done, what is the next catalyst to keep the bubble propped up? Why, the next round of stimulus, of course! And then the next and the next... Sorry, I honestly can't tell if you are being sarcastic or serious. ;D Neither can I. :) Link to comment Share on other sites More sharing options...
fareastwarriors Posted March 18, 2021 Share Posted March 18, 2021 stimulus check = $1,400 so therefore tesla stock should = $1400. HODL Link to comment Share on other sites More sharing options...
KFS Posted March 19, 2021 Share Posted March 19, 2021 China to Restrict Tesla Use by Military and State Personnel People familiar with the effort cite concerns Tesla cars could be source of national security leaks https://www.wsj.com/articles/china-to-restrict-tesla-usage-by-military-and-state-personnel-11616155643?mod=hp_lead_pos1 "SINGAPORE—China’s government is restricting the use of Tesla Inc.’s TSLA -3.15% vehicles by personnel at military, state-owned enterprises in sensitive industries and key agencies, citing concerns that the data collected by the cars could be a source of national security leaks, according to people familiar with the effort. The move follows a government security review of Tesla’s vehicles, which Chinese officials said raised concerns because the cars’ cameras can constantly record images, the people said, as well as obtain various data such as when, how and where the cars are being used, and the contact list of mobile phones that are synced to the cars. The government is concerned that some data could be sent back to the U.S., the people said." Link to comment Share on other sites More sharing options...
JRM Posted March 20, 2021 Share Posted March 20, 2021 Krazy Kathie back to pumping Tesla: https://seekingalpha.com/news/3674607-ark-invest-fires-off-new-price-target-on-tesla The $3,000 price target would imply a $3.2T market cap if my math is correct. Link to comment Share on other sites More sharing options...
backtothebeach Posted March 20, 2021 Share Posted March 20, 2021 Krazy Kathie back to pumping Tesla: https://seekingalpha.com/news/3674607-ark-invest-fires-off-new-price-target-on-tesla The $3,000 price target would imply a $3.2T market cap if my math is correct. Level 5 full self driving ("you won't even need a steering wheel") is years away and, after seeing this guy's videos I think it won't happen with the hardware of any Tesla car on the road currently. I wonder if people are going to start class action lawsuits to get their FSD money back, but likely they've made the Terms airtight. I have reinstated a miniscule TSLA short 10% higher than I had closed the previous one. Link to comment Share on other sites More sharing options...
KFS Posted March 21, 2021 Share Posted March 21, 2021 Krazy Kathie back to pumping Tesla: https://seekingalpha.com/news/3674607-ark-invest-fires-off-new-price-target-on-tesla The $3,000 price target would imply a $3.2T market cap if my math is correct. Level 5 full self driving ("you won't even need a steering wheel") is years away and, after seeing this guy's videos I think it won't happen with the hardware of any Tesla car on the road currently. I wonder if people are going to start class action lawsuits to get their FSD money back, but likely they've made the Terms airtight. I have reinstated a miniscule TSLA short 10% higher than I had closed the previous one. The autonomy/robo-taxi story makes up a huge portion of ARK's projected 2025 value for Tesla, so if/when that story falls apart, the analysis quickly becomes a total joke. I think full self driving has almost 0% chance of existing by 2025. The Tesla fanboys talk about expectations of $200/month subscription models for FSD in 2025 as the "fleet awakens" and millions of Tesla cars (with 2017-or-newer hardware) receive the new software updates... I'll believe it when I see it. The technology is not even close to being ready (the video you linked is a good example, and there are plenty of others out there), and even when it is ready we still have to convince the regulators to approve. Meanwhile, every aspect of Tesla's business is already swarming with competition and it will only get worse. The auto industry has always been extremely competitive -- basically the complete opposite of a "winner take all" type industry like those dominated by Apple/Facebook/Google/Amazon.... Why would it change now? Link to comment Share on other sites More sharing options...
KFS Posted March 21, 2021 Share Posted March 21, 2021 Too good to not share here.... Link to comment Share on other sites More sharing options...
JRM Posted March 22, 2021 Share Posted March 22, 2021 No capital raise to fund 5m to 10m unit production in less than five years seems reasonable...and pay off all the debt as well. Here's a good interview I came across about the supply chain inputs to EV batteries. https://www.arcenergyinstitute.com/pedal-to-the-metals-are-there-limits-to-the-supply-of-ev-batteries/ Link to comment Share on other sites More sharing options...
fareastwarriors Posted March 24, 2021 Share Posted March 24, 2021 The End of Tesla’s Dominance May Be Closer Than It Appears Elon Musk’s upstart still rules, but traditional automakers are catching up fast. https://www.bloomberg.com/news/articles/2021-03-24/tesla-tsla-and-elon-musk-s-dominance-is-threatened-by-volkswagen Link to comment Share on other sites More sharing options...
KFS Posted March 25, 2021 Share Posted March 25, 2021 Another good video showing the good and bad of FSD. When it works poorly, things get ugly very quickly. When it works well, it's still pretty choppy and rough, IMO. Still a long, long way to go, it would appear. Link to comment Share on other sites More sharing options...
fareastwarriors Posted March 25, 2021 Share Posted March 25, 2021 Another good video showing the good and bad of FSD. When it works poorly, things get ugly very quickly. When it works well, it's still pretty choppy and rough, IMO. Still a long, long way to go, it would appear. Have you added to your short lately? It's down from the highs but not really crashing that hard. It's surprising to me given how well VW is doing. Link to comment Share on other sites More sharing options...
KFS Posted March 25, 2021 Share Posted March 25, 2021 Another good video showing the good and bad of FSD. When it works poorly, things get ugly very quickly. When it works well, it's still pretty choppy and rough, IMO. Still a long, long way to go, it would appear. Have you added to your short lately? It's down from the highs but not really crashing that hard. It's surprising to me given how well VW is doing. My short position has been small up until now, but I've been adding some long-dated OTM puts which have become a bit less expensive with the (surprisingly) stable price lately. My logic here is that with Tesla there is almost no "middle ground" - it's basically a binary outcome where either it will be much higher or much lower several months from now. For this reason, long-dated OTM puts feel like the best way to limit downside and maximize upside. It's still possible that with the crazy cult-like following, this could be a stubborn slow drift down rather than a typical quick bubble burst/crash, in which case my strategy could epically fail, but my put exp dates are far enough out in the future to allow plenty of time. Link to comment Share on other sites More sharing options...
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