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Tacky-rear end Rococco posted:I stopped following this thread for a while, and now I see TSLA is back near its high, even while tech is taking a beating. Was there some major news story I missed, or are people just back to thinking Tesla is going to the moon? My understanding is that institutions own a large chunk of this stock, shorters own another large chunk, Musk and internal staff own another large chunk and the rest retails shares are generally owned by cultists. Most of these aren't going to sell unless there is important news released about the FBI/SEC investigation or some other Twitter fueled nonsense. These day to day movements lately are algos shuffling around shares. 60B market cap for a company this shaky seems insane to me. I started a short position at 360 that's holding up nice, expecting one headline away from having myself an amazing Christmas.
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# ¿ Nov 20, 2018 19:46 |
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# ¿ Apr 28, 2024 15:17 |
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orcinus posted:Shorters can't, by the very definition of short selling, own a large chunk. This definitely shows a weakness in my understanding about shorting. I thought the shares were borrowed by the broker then sold if/when you exercise the option.
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# ¿ Nov 20, 2018 19:58 |
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I always wondered what would happen to if classical religion faded or disappeared in my lifetime. I'm starting to see people will just end up worshipping different gods instead.
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# ¿ Nov 26, 2018 22:49 |
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https://www.reuters.com/article/us-tesla-china/tesla-china-sales-plunge-70-percent-in-october-auto-industry-body-idUSKCN1NW0BH 211 cars sold in China, spokesperson for Tesla says the numbers are wildly inaccurate but won't release the numbers. I'm guessing it was probably closer to 11.
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# ¿ Nov 27, 2018 16:52 |
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explain to me how TSLA's stock has been able to withstand the sell-off onslaught that is wrecking the market i know they are down 50 points in the past few days, but with all the different catalysts working against it (executive departures, toxic work environment, over promised/under delivered results, constant money drain, sketchy hail mary earnings report only profitable due to EV credits which will expire soon, FBI investigations, SEC violations, quality control problems, 900M in debt coming due in March that won't be able to be paid in stock due to the under 360 stock price, to name a few things) how are there still institutions and funds confidently holding this timebomb expecting some kind of amazing returns? 60% of the stock is held by insiders and institutions as best i can tell
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# ¿ Dec 22, 2018 01:07 |
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That whole article is a fascinating look into the mind of a mad man. I lived/worked in NYC for many years and had high functioning psychopath bosses exactly like that. Despite the extremely high turnover and non-existant employee morale, they were allowed to stay as long as the numbers stayed solid. They were praised as tough as nail geniuses. Problem was when the numbers started to slide it was usually exponentially bad and the losses were worse than the gains. Unsurprisingly they were let go and everyone left scratching their heads wondering who ever put someone so clinically crazy in charge. Until the insane genius got hired to bring up the numbers again...
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# ¿ Jan 2, 2019 18:25 |
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Goodpancakes posted:CEOs really justifying their salaries with a sub 30 hour work week which is 50% meetings lol Not in any way justifying it, but from my experience as I've moved up in my field over the last 15 years, more and more of my time is spent in meetings guiding other people to work rather than me doing the actual work. Supposedly this is normal as you get paid for what you know not exactly what you do. Telling other people to get things done is apparently getting it done. It's taking me some time to get used to.
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# ¿ Jan 2, 2019 21:12 |
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Genderfluent posted:drat remember when Sears did the same thing and almost immediately became insolvent? This whole stunt definitely feels like a part of a going out of business sale. Staggered layoffs, eliminating brick and mortars, liquidating assets at cost. Wouldn't be surprised if they stop selling cars in the US entirely soon. "Tesla will be profitable every quarter going forward" - EM And not one quarter later they announce they won't have a profitable next quarter. Just feels like the other shoe is about to drop. EDIT - sorry I forgot to disclose that I, a multi-year veteran of a dying comedy forum, am I member of "BIG OIL" and the opinions posted above reflect that very direct bias Ben Murphy has issued a correction as of 07:02 on Mar 1, 2019 |
# ¿ Mar 1, 2019 06:39 |
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red19fire posted:Trip report: as suspected, the largest Tesla store inside the garden state plaza mall in north NJ is shuttered. There's a few teslas scattered inside the mall, and it looks like the store still has the cars inside. I wonder what will happen to them. The store THEY JUST OPENED here in Palm Desert, CA on El Paseo (prime retail real estate) closed as well, went there on my lunch two days ago. Lights off, doors locked, cars still inside. Saw on old man with his face pressed up against the glass talking to his wife, overheard him turn to her and say 'i guess they went out of business'
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# ¿ Mar 7, 2019 01:11 |
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Nothus posted:Is the implication of that spy shot that the model y is a pickup? Pretty sure that's an exhaust pipe poking out on the left side.
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# ¿ Mar 7, 2019 19:32 |
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https://twitter.com/StuartMeissner/status/1103776551546568712 Will be interesting to see if it amounts to a large nothing burger again, because if that expose in Wired didn't change anyone mind, likely nothing will.
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# ¿ Mar 8, 2019 01:33 |
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I know, I know, it's probably just trolls and bots, but still: https://stocktwits.com/symbol/TSLA ST can be an OK place to shoot the poo poo with ameutur (and some professional) traders about the economy, stocks and business, but the massive amount of bootlicking, cult worship and outright cognitive dissonance on display in that room drives a sane man crazy. You have people there praising Musk for 'saving thousands of jobs by reopening stores' ignoring the fact that he was the one who wanted to take those jobs away....
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# ¿ Mar 9, 2019 21:04 |
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Really hope the Model Y Kickstarter has better rewards at the upper tiers!
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# ¿ Mar 15, 2019 02:36 |
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Ytlaya posted:I have an idea for a pill that will cure all cancers. Sure, my idea probably won't work, but wouldn't it be amazing and ambitious if it did? Reminds me of the bit from Tom Segura about his rear end in a top hat cousin who just 'invents' stuff: http://www.cc.com/video-clips/bopc55/mash-up-algorithm---little-muddy---tom-segura---inventor-cousin You see it's a phone that drives your car... Wow, that's great how does it work? Well, just you, you know program it.
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# ¿ Mar 19, 2019 23:30 |
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https://www.virginiamercury.com/201...ways-and-roads/ Basically it's what everyone figured it was, a bumpy, uneven dirt road underground barely big enough to fit a car into much less accelerate one to 150mph. I figured everyone in and around the Carolinas were a bunch of dumb yokels (they still are) but in this case, they had enough sense to be like yeahhh, hard pass.
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# ¿ Mar 22, 2019 00:30 |
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whew, ok good good, everyone relax, she does in fact still love the car
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# ¿ Apr 4, 2019 00:57 |
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Shifty Pony posted:person live tweeting the oral arguments SEC getting grilled by the judge about facts that to me seem clear, unambiguous and self evident. Going to be fun to hear ol'Muskie and his lawyers spar with the judge. I just hope the judge announces before she starts that she in fact does love the car, but must ask him these hard questions.
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# ¿ Apr 4, 2019 19:35 |
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Shifty Pony posted:sure they seem self evident but the SEC still is responsible for convincing her of that. a better feed since not hearing big parts of the arguments makes it hard to know how detailed the case is: https://www.bloomberg.com/news/live-blog/2019-04-03/elon-musk-judge-hears-arguments-in-sec-contempt-fight
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# ¿ Apr 4, 2019 20:06 |
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"This is not someone who's wantonly saying he doesn’t care about processes and procedures," Hueston says. "That’s someone who is trying his best to comply and has been diligent." A hearty fuckin' lol from me on that one. This poor, innocent, law abiding citizen, who cares deeply for the process and procedure of the law is the real victim here.
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# ¿ Apr 4, 2019 20:41 |
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Siljmonster posted:He got stung by I bee I bet It was a BIG bee!
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# ¿ Apr 22, 2019 20:07 |
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kalensc posted:Lmao he's turning on his few stalwart supporters that had a modicum of credibility and communication skills. Fred is one of the biggest, loyalest shills for Tesla, basically spending the last few years building his entire professional life around pumping out pro-Tesla articles and sentiment. All that effort and Immortan Musk himself replies MEDIOCRE Insane. Those Q1 numbers are going to be even worse than expected. And if the market reacts to that and if the stock price tanks below ~220-240, ol'leverged-up-to-his-ears Muskie's getting margin called on his loan, and if THAT happens, most of that stock gets sold off causing it to tank even further But I'm holding lotto puts so what do I know. Publicly dissing Lambert like that has got to sting though.
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# ¿ Apr 24, 2019 03:02 |
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A MIRACLE posted:fellow shitput holder here 20x 4/26 220Ps @ 1.30 100x 5/17 50P @ 0.06 Contain your laughter. I'm using my profits from selling my 10x 4/26 265P I bought at @ 8.78 sold for 16.65 on that massive dip this morning. I normally wouldn't be too worried but there was a massive 500,000 share dark pool buy @ $263.15 around 14:30:57 from somewhere, so I wouldn't shock me in the slightness to see it spike. This stock doesn't trade on fundamentals anymore. It's a roulette wheel, so I trade it accordingly.
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# ¿ Apr 24, 2019 03:37 |
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Vomik posted:shorting a company doesn’t bankrupt it, lol "burn the shorts" is Musk's favorite dog whistle because it gives people who don't know jack about stock price/investing a place to pin their hate on when the company isn't doing well, y'know anywhere but the people running the company
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# ¿ Apr 24, 2019 15:52 |
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EM: "try secured420" if that doesn't work i dunno what to do
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# ¿ Apr 24, 2019 21:47 |
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technically if there's no earnings, then there's nothing to report!
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# ¿ Apr 24, 2019 21:51 |
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Supposedly EM's margin call zone is around 200-240. We're getting dangerously close to that. All kinds of craziness when JPM starts selling his shares to satisfy the call.
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# ¿ Apr 25, 2019 20:19 |
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etalian posted:Who knows, only fact we do know is he placed 40% of his Tesla stake to Goldman Sachs to fund his margin loan lifestyle. Dude took out 4 mortgages and a refi just to pump the stock: https://www.bloomberg.com/news/articles/2019-02-22/elon-musk-turns-to-morgan-stanley-for-five-monster-mortgages When you start to understand how extremely leveraged and illiquid he is, you start to see why he gets increasing desperate to keep the price up
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# ¿ Apr 25, 2019 22:07 |
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Lote posted:My average is 249$ bought almost 60k worth of tesla today. I saw this piece of sage due diligence today from a couple of analysts too, easily worth a $60K investment, you are right quote:JMP Securities reaffirms it's $400 price target and buy rating by stating:
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# ¿ Apr 26, 2019 06:32 |
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Krankenstyle posted:when the heck is this SEC ruling gonna drop https://www.bloomberg.com/news/articles/2019-04-26/musk-sec-ask-for-more-time-to-resolve-fight-over-tesla-tweets EM needs until April 30th to get his 'reasonable pants' to fit over that massive diaper
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# ¿ Apr 26, 2019 15:37 |
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And there go all the 240 stop losses that got triggered on that dip. https://robintrack.net/symbol/TSLA Institutions are unloading right into the waiting arms of idiot Robinhood traders like clockwork.
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# ¿ Apr 26, 2019 16:54 |
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FistEnergy posted:get below 230 u fucker https://robintrack.net/symbol/TSLA Until these bazingas get tired of seeing their phone red and some other institution rolls off a large position, this will probably hold these levels. I'm still holding out for this 'alternative funding' scheme they are floating, because almost every scenario means dilution of shares which will drop the price below Musk's margin level around 200-220 which triggers all kinds of waterfall scenarios.
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# ¿ May 1, 2019 20:45 |
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orange sky posted:They're gonna burn through these 2B like nobody's business https://www.wsj.com/articles/SB1005017850485007360 Enron Seeks $2 Billion Cash Infusion As It Faces an Escalating Fiscal Crisis -- Don't worry, I've seen this episode before and know exactly how it turns out.
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# ¿ May 3, 2019 14:15 |
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Happy Noodle Boy posted:Looking to buy a new P90D, a little confused, could use some advice car has been pre-loved, is there any room left for me to love car?! will love buying a 90K 'new' car and having it lose 30K in value the second it's registered in my name! love love love! so happy to be a part of the club! must be in club at all costs!
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# ¿ May 8, 2019 19:41 |
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Lote posted:My average is 249$ bought almost 60k worth of tesla today. Do you mind if I add this to BagHolders Quotes on Twitter?
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# ¿ May 13, 2019 15:09 |
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ratbert90 posted:lol I get my 3 back today, and I am going to immediately put it on the market so another idiot can buy the drat thing and deal with Tesla's incompetence. I'm actually about to sell my Jeep this week, but if you let me know where you are, do you mind if I park it next to your 3 for a while so when it explodes we can both have our insurance buy us new cars?
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# ¿ May 13, 2019 20:49 |
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Failson posted:Tesla stock up today, because of course. Got to get moving if we are going to hit that $4000 a share price target! But I'm sure you are wondering what the roadmap looks like so you can know when to start mortgaging your house, maxing out the cash advance on your cards and buy buy buy this once in a lifetime stock. Worry no more, because a dude on the internet has got it all figured out. After huffing all the spray paint he was legally allowed to buy at Home Depot, this internet Oracle's mind transcended time and space to see Musk's Master Plan to it's prophetic end. Spoiler alert, it ends with Musk (and presumably his followers) on a Mars colony! https://teslamotorsclub.com/tmc/threads/dry-powder-milestones.134840/page-3 quote:
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# ¿ May 14, 2019 21:45 |
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kalensc posted:Your nick/av made me realize that Tesla batteries must be filled with tripolidine. Riding With Death: The Elon Musk story
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# ¿ May 15, 2019 16:23 |
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Everytime there is an auto pilot accident/death, bezingas rush to defend but but but they were supposed to keep their hands on the wheel at all times!! I wonder who told them that it was OK to do that?
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# ¿ May 17, 2019 17:14 |
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I just bought 1000x 1/27/2020 10Ps for $8000 If they are bankrupt before 2020, this will net me slightly under a million dollars.
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# ¿ May 17, 2019 19:08 |
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# ¿ Apr 28, 2024 15:17 |
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so a 20M securities fraud fine to 'burn the shorts' = worth it but whoever is ordering more rolls of 2-ply of toilet paper for the company bathroom when we CLEARLY have a bunch of extra rolls will be OUT ON YOUR rear end SO HELP ME GOD
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# ¿ May 17, 2019 23:32 |