Mega Thread for Tesla Investors

[TeslaInvestors]

I prefer to buy low and sell high. Buyer's market today.

Bob Wilson

I thought, you already rolled over your IRA into $TSLA last month because Elon is your kind of guy.
Who doesn't want to do that? Longs want to buy low, sell high. Shorts want to sell high, then buy low. They both do the same, except they start at different points

 

[TeslaInvestors]

Seriously, you're citing a Yahoo Finance "article" as a reference? That's possibly even worse than citing Reeking Alpha!

I think the readers' comments to the IEVs news article on the subject cover it pretty well. I'd sum up the reaction from everybody who's not a serial Tesla basher as "Elon sips whiskey and takes a hit off a doobie during late-night podcast; stock shorters go nuts".

There seems to me to be a serious situation with several top Tesla execs all leaving within a short period of time, but the idea that any reasonable person would lose confidence in Elon because he took a single (legal) hit when offered a doobie during a late-night podcast interview, is pretty absurd. I think the evidence is clear that marijuana is less debilitating (not to mention not as bad for your health) than alcohol. Those who think smoking pot is somehow worse than drinking alcohol, need to join the 21st century.

​

It's actually a bloomberg video. There is always the last straw that breaks the camel's back. This is not the only bad behavior from Musk. Things keep adding up.
Elon is looking more and more like the greatest gift to shorts

So now, once Musk smokes pot, it becomes good? Listen to Musk's NYT interview. He said, he doesn't smoke weed, as it impairs thinking etc. etc. Was that another lie?
You fanboys never stop amazing the normal people like me You always exceed the limits of what I think is possible!

 

[Pushmi-Pullyu]

So now, once Musk smokes pot, it becomes good? Listen to Musk's NYT interview. He said, he doesn't smoke weed, as it impairs thinking etc. etc. Was that another lie?

He took one toke off a doobie that was offered to him by his host. Trying to make Elon out to be a pothead just because he took one toke to be polite, is most definitely "another lie", as you put it.

There is a lot to talk about from that wide-ranging, extended podcast interview with Elon Musk. A lot that would be of interest to real investors. If you were a real investor, TeslaInvestors, then you'd be talking about some of those subjects -- and not obsessing over the 3 seconds in which Elon took a single puff of Mary Jane.

If you want to convince us that you truthfully want the subject of the thread to follow the title you gave it, then how about discussing some of the substance of that interview?

* * * * *

To repeat: Tesla has won. The Model 3 is a runaway success. You Tesla bashers have lost.

You're still in denial about that. Time to move on, and get over it.

​

 

[TeslaInvestors]

He took one toke off a doobie that was offered to him by his host. Trying to make Elon out to be a pothead just because he took one toke to be polite, is most definitely "another lie", as you put it.

There is a lot to talk about from that wide-ranging, extended podcast interview with Elon Musk. A lot that would be of interest to real investors. If you were a real investor, TeslaInvestors, then you'd be talking about some of those subjects -- and not obsessing over the 3 seconds in which Elon took a single puff of Mary Jane.

I AM a real investor. My strategy is simple: ignore everything that Elon says. I won the last bet by assuming Elon lied in his $420 go private tweet.
A real investor should do his or her own research, not just suck up whatever is throw his way from the CEO and company executives, who then protect their arses for the rubbish with safe harbor clauses.
if you want to be a real investor, then do real research. Don't just suck up all the smoke from a 3 hour youtube podcast. Nothing can be more foolish that than.

If you want to convince us that you truthfully want the subject of the thread to follow the title you gave it, then how about discussing some of the substance of that interview?
* * * * *

As I said, my strategy is to not believe anything Elon says. So why bother wasting my 3 hours? I may just lose my temper listening to all the baloney.

To repeat: Tesla has won. The Model 3 is a runaway success. You Tesla bashers have lost.

I doubt it very much. 1-2 months of sale and Model 3 is already collecting dust in teh storage lots. Tesla has moved on to dealership mode to sell inventory cars to anyone. Where are those 420k reservation holders?
No telling what happens next year once tax credit is reduced and no one is left in the waiting list.
https://www.reddit.com/r/teslamotor...st_tesla_deliver_event_if_its_kind_estimated/

 

[Pushmi-Pullyu]

if you want to be a real investor, then do real research.

I have absolutely no intention of ever investing in Tesla's stock. If I know anything about investing in the stock market, it's that one shouldn't invest in any company in which one is emotionally invested. Stock market buying and selling decisions should be made on the basis of facts and probability, not on feelings. I'm much too emotionally invested in Tesla to make rational decisions about buying and selling the stock. That said, I understand Tesla's business much better than many or most self-appointed "analysts" who offer their opinion about Tesla's finances on the internet.

1-2 months of sale and Model 3 is already collecting dust in teh storage lots. Tesla has moved on to dealership mode to sell inventory cars to anyone. Where are those 420k reservation holders?/

Dude, you're in complete denial about Tesla's runaway success with the Model 3. There's nothing in that desperate, absurd FUD (obviously copied from other serial Tesla bashers) which is worthy of a response.

The Five Stages of Grief
1. Denial
2. Anger
3. Bargaining
4. Depression
5. Acceptance

Time to move past stage 1.

​

 

[bwilson4web]

I thought, you already rolled over your IRA into $TSLA last month because Elon is your kind of guy.
Who doesn't want to do that? Longs want to buy low, sell high. Shorts want to sell high, then buy low. They both do the same, except they start at different points

Not all because I have to stay under the $110k threshold to avoid going from 12% to 22% for every dollar over. These are from the 2018 tax table rates. In effect I'm liquidating the 401k over the next three years to minimize my tax rate.

My first buy had some 'small change' left over. So I put in another buy bid and picked up more shares at an unexpected bargain.

Q3 reports should be available in as soon as 22 days, Monday October 1, 2018.

Bob Wilson

 

[TeslaInvestors]

And now, the Model 3 inventory clearance sale begins in Texas. Soon to be there in every town and village near you.
https://teslamotorsclub.com/tmc/threads/your-invitation-immediate-model-3-delivery.128170/

 

[Pushmi-Pullyu]

Good to see Tesla trying different sales promotions. That's yet another sign it's becoming a "real" auto maker!


Go Tesla! Keep Going Tesla!

 

[Pushmi-Pullyu]

I AM a real investor.

No, you're what's politely called a "vulture capitalist", hovering around waiting for a company to die so you can feast off the corpse.

Personally, I'd call your behavior ghoulish. You aren't just waiting around hoping Tesla will die; you're actively trying to kill the company by spreading FUD on an almost daily basis. Your kind of behavior is no longer any threat to Tesla; its success -- not necessarily long-term success, but certainly more than short-term -- has been secured by the wildly successful Model 3. But as far as meaningful discussion of EVs goes, your posts are certainly unhelpful, to say the least.

If your ambition reaches no further than to be a burr under the saddle of meaningful discussion here -- well then, you are succeeding. But that's a pretty small ambition!

 

[bwilson4web]

Of course there is another expert: https://www.autoblog.com/2018/08/20/bob-lutz-tesla-elon-musk-ceo/

Now Bob Lutz, a frequent Tesla critic and former GM executive, said in an appearance on CNBC that the time has come for Musk to step aside as CEO.

"I think Elon is tired, he's worn out, he's obviously got some emotional problems. He's self medicating," Lutzsaid. "He has shown some disturbing signs of being somewhat volatile and unstable. I think the right solution for Tesla at this point is to move him aside from day-to-day operations, let him have a four-week vacation and really get himself back into shape, and then appoint him non-executive chairman."
. . .
"Elon Musk is brilliant, he has the vision, but he's very poor at executing, he's poor at delegating, and he obviously has a little bit of difficulty controlling himself," Lutz added. "What he needs is a solid, blocking and tackling, good, seasoned executive to run the operation."​

Well at least Lutz is consistent . . . always the critic. Apple lost five years when Steve Jobs was replaced. Depending upon technology, Tesla has about a 2-5 year lead over the rest of the EV makers.

Bob Wilson

 

[Pushmi-Pullyu]

For once, I agree with Bob Lutz. Elon's inability to delegate authority, his insistence on micro-management, is an increasingly poor fit to be TEsla's CEO, with the company now growing by leaps and bounds.

On the positive side, the news about a raft of internal promotions is perhaps an indication that Tesla's Board is finally moving to give other execs more authority within the company. If so, that's long overdue and looks to be a large step in the right direction.

I hope Elon doesn't leave Tesla entirely. He is a huge asset for Tesla in investor relations, and Tesla might be in real trouble if they don't have Elon attracting investments. Also, for all the criticism of Elon's sometimes over-the-top tweets, and occasionally even anti-social ones, there is no question that his constant tweeting helps a great deal with Tesla advertising itself, and with creating a constant media buzz.

The question is whether or not Elon would be willing to stay on if he's not top dog. Elon has never shown much willingness to take a subordinate role; he's pretty clearly the Alpha Male who always has to be on top, both at work and -- reportedly -- in his personal relationships.

​

 

[Pushmi-Pullyu]

Real Tesla investors will welcome some news items recently posted to the InsideEVs news site:

"How The Tesla Model 3 Is The #1 Selling Car In The U.S."

"Tesla Increases Registered Capital Big Time For Gigafactory 3 In China"

"Tesla Battery Biz Booming, Mostly From Tesla Energy"

Fake Tesla investors, short-selling "vulture capitalists" who don't actually own any Tesla stock (shorting a stock is just borrowing, not owning), will of course be gnashing their teeth over these latest items in Tesla's recent long string of financial successes and improvements.

Go Tesla! Keep Going Tesla!

​

 

[Pushmi-Pullyu]

Most Ludicrous anti-Tesla FUD hit piece of the week -- posted strictly for laughs:

"Why Tesla Stock Will Fall to the Single Digits"

Just one example of the fake news in that hit piece pretending to be an "article":

"Last week, Tesla plummeted on news that top executives were resigning following Musk's appearance on The Joe Rogan Experience podcast..." ​

Reality check: The most important of the recent executive resignations at Tesla, Chief Accounting Officer Dave Morton, was effective on September 4 -- two or three days before the late-night podcast in question. It wasn't the resignation that followed the podcast; it was only the announcement of that resignation which was posted by Tesla last Friday.

Oh, and for those who care deeply about the day-to-day or week-to-week rise and fall of Tesla's stock price, it's up 6% at the moment, over last Friday's close.

​

 

[bwilson4web]

We often agree but perhaps not so much this time:

. . . Elon's inability to delegate authority, his insistence on micro-management, is an increasingly poor fit to be TEsla's CEO, with the company now growing by leaps and bounds.

It is because of these and other traits that Tesla has the nearly fatal problem of "growing by leaps and bounds." I doubt anyone else could have accomplished as much.

On the positive side, the news about a raft of internal promotions is perhaps an indication that Tesla's Board is finally moving to give other execs more authority within the company. If so, that's long overdue and looks to be a large step in the right direction.

I would have said "Elon Musk and Tesla's Board" as neither did this alone. Just I am biased against outside help that comes in with bad habits that snatch defeat from the jaws of victory. I am pro-promotion from within because they apply the tricks that got their success.

. . . Elon attracting investments. . . .

I think Elon has a few more skills than just selling stocks and bonds.

Steve Jobs was called one of the worst bosses by more than a few. He was demanding of both quality and quantity. In fact, business leader success seems to attract criticism ... at the time. Later, the harm is forgotten with selective memories of what they accomplished.

Bob Wilson

 

[Pushmi-Pullyu]

We often agree but perhaps not so much this time:

Bob, I enjoy your posts and I think you are just as strong a supporter of Tesla as I am, but that doesn't mean I think we need to agree on everything. I think reasonable people can disagree on just how much Tesla needs Elon Musk -- or doesn't.

It is because of these and other traits that Tesla has the nearly fatal problem of "growing by leaps and bounds." I doubt anyone else could have accomplished as much.

Some say that companies need different kinds of CEOs at different stages. Martin Eberhard had the original vision for Tesla, and came up with Tesla's mission statement and the three-stage path to expanding the company... both of which Elon now pretends was his own invention.

Some, or many, say that while Eberhard was the right guy to found Tesla and lay out its business plan, the three-stage path to success (Darkstar/Roadster -- Whitestar/Model S -- Bluestar/Model 3) it has now achieved, he wasn't the right guy to make it "grow up" to be a sizable auto maker. They say that it took Elon Musk to do that. Perhaps they are right. But by the same token, Elon is reportedly best at heading a small team of dedicated individuals, such as he has at SpaceX. There is no way that Elon is the right guy to be CEO of a large auto manufacturer. We can argue over just when Elon should step back from the CEO position -- voluntarily or otherwise -- but there's no question that this has to come sooner or later, if Tesla is to continue to grow to the size of Ford or bigger. Just like Martin Eberhard, Elon may have been the right guy to lead Tesla for a certain period of time, but in my opinion it's increasingly obvious that time has passed.

I would have said "Elon Musk and Tesla's Board" as neither did this alone.

Are you saying that it was Elon who decided to promote Jerome Guillen to head of automotive operations, and to promote Kevin Kassekert to "VP of People and Places, with responsibility for Human Resources, Facilities, Construction, and Infrastructure Development"? That appears to go very much against the grain of Elon not merely wanting, but needing to be in control and personally overseeing everything. What is the source of info that has lead you to believe Elon actually supported those promotions?

Just I am biased against outside help that comes in with bad habits that snatch defeat from the jaws of victory.

So what is your opinion of how Elon used his position as the guy writing the checks to take control of Tesla away from its real founders, Martin Eberhard, Marc Tarpanning, and Ian Wright, back in 2007-8? Perhaps Elon wasn't an "outsider" at that time, but he certainly was a Johnny-come-lately.

I think Elon has a few more skills than just selling stocks and bonds.

Well I don't think any informed, reasonable person would argue with that. He certainly has been highly successful at running SpaceX, and at teaching himself to be a rocket scientist-engineer.

I appreciate reading your comments on this subject, Bob, even if I have some disagreements with your opinions.

​

 

[TeslaInvestors]

No, you're what's politely called a "vulture capitalist", hovering around waiting for a company to die so you can feast off the corpse.

Personally, I'd call your behavior ghoulish. You aren't just waiting around hoping Tesla will die; you're actively trying to kill the company by spreading FUD on an almost daily basis. Your kind of behavior is no longer any threat to Tesla; its success -- not necessarily long-term success, but certainly more than short-term -- has been secured by the wildly successful Model 3. But as far as meaningful discussion of EVs goes, your posts are certainly unhelpful, to say the least.

If your ambition reaches no further than to be a burr under the saddle of meaningful discussion here -- well then, you are succeeding. But that's a pretty small ambition!

I feel like I'll be wasting my time talking to a stone. But for the sake of others, your comment is utterly ignorant.
A company going bankrupt doesn't mean bad for its employees or the company. Look at GM. Their workers are doing great while Tesla workers have to wade through raw sewer and put up with a nasty multi-billionaire boss. Mary Barra is not even a billionaire.

But short sellers don't need Tesla stock to hit $0. I will be cool with TSLA at 50 bucks, with happy employees and happy Tesla customers.

 

[TeslaInvestors]

Real Tesla investors will welcome some news items recently posted to the InsideEVs news site:

"How The Tesla Model 3 Is The #1 Selling Car In The U.S."

"Tesla Increases Registered Capital Big Time For Gigafactory 3 In China"

"Tesla Battery Biz Booming, Mostly From Tesla Energy"

Fake Tesla investors, short-selling "vulture capitalists" who don't actually own any Tesla stock (shorting a stock is just borrowing, not owning), will of course be gnashing their teeth over these latest items in Tesla's recent long string of financial successes and improvements.

Go Tesla! Keep Going Tesla!

​

Nice try quoting "fake news" from some fan site, twisting numbers and cherry picking "cars" to show Tesla is #1, based on some guesstimates of Model 3 sales.

But here is something very intresting. Wards auto is saying, that Tesla Model 3 only averaged about 4500 sales a month in July and August.
Check 59:40 mark in this video. Christie says, August Model 3 sales is 6000. YTD Model 3 sales is 35706.
That would mean, in Q3, so far Model 3 sales is (35706-18840-8180) = 9086. That is a yuuuge gap from IEV's guesstimate of ~31k for July-August.
If that is true, only car model 3 beat so far is Mini, whish is at 30000 for the year.



This casts a dark shadow on IEV numbers. Domenikc/any IEV staff, you may want to get in touch with Christie Schweinsberg of Wards auto to fidn out why there is such a huge discrepancy.

 

[bwilson4web]

First off, thanks for the reference. I normally listen to Autoline After Hours but skipped when the thick accent and nonsense of the first interview started:

But here is something very intresting. Wards auto is saying, that Tesla Model 3 only averaged about 4500 sales a month in July and August.
Check 59:40 mark in this video. Christie says, August Model 3 sales is 6000. YTD Model 3 sales is 35706.
That would mean, in Q3, so far Model 3 sales is (35706-18840-8180) = 9086. That is a yuuuge gap from IEV's guesstimate of ~31k for July-August.

I would like to follow Wards as a source but past performance reporting Prius sales have not impressed. Wards too frequently under reported Prius sales only to give up since Toyota reports them monthly. Regardless, I put my bet on the table and the dice are out.

Tesla survival is on making a profit Q3. In about 20 days, October 1, we should start getting SEC filing accurate, production and sales numbers. By November 1, we should have the financials. But one fun fact from their presentations was the likely next criticism . . . expectation.

So far Elon has made good on his commitments but not "on time." He crosses the finish line but not as soon as he expected. He has a reputation (like my wife) of being late. Knowing this, I'm inoculated. In the case of my wife, I let her know her appointments are an hour ahead of the actual time. Yet magically, we arrive at the doctor's office just in time.

So let's take a look at a notorious Tesla skank pedler:
https://seekingalpha.com/article/4200513-tesla-makes-profit-quarter

Notice what happened to the stock price every time Tesla made a profit.

I'm expecting Tesla to make a profit, significant or not, still a profit. I'm also expecting a second one in Q4. If past is prolog, the stock prices should soar and bonds become affordable . . . assuming we're not in a depression.

Bob Wilson

ps. A craps player, these are the tables with a notorious din of whoops and hollers. It is like discussing TSLA stock in car forums.

 

[Domenick]

Nice try quoting "fake news" from some fan site, twisting numbers and cherry picking "cars" to show Tesla is #1, based on some guesstimates of Model 3 sales.

But here is something very intresting. Wards auto is saying, that Tesla Model 3 only averaged about 4500 sales a month in July and August.
Check 59:40 mark in this video. Christie says, August Model 3 sales is 6000. YTD Model 3 sales is 35706.
That would mean, in Q3, so far Model 3 sales is (35706-18840-8180) = 9086. That is a yuuuge gap from IEV's guesstimate of ~31k for July-August.
If that is true, only car model 3 beat so far is Mini, whish is at 30000 for the year.



This casts a dark shadow on IEV numbers. Domenikc/any IEV staff, you may want to get in touch with Christie Schweinsberg of Wards auto to fidn out why there is such a huge discrepancy.

We're very confident in our numbers.

 

[Pushmi-Pullyu]

@TeslaInvestors:

ROTFLMAO!!


Hey, that was a hilarious over-the-top parody you did there, of a rabid Tesla basher's comment! Thanks for the belly laughs, and I'm still chuckling as I write this.

Especially funny is where you pretended to cluelessly believe that Wards' sales estimates for Tesla cars are more accurate than IEVs' estimates. I'm sure that a "real investor", as you describe yourself, does his due diligence and knows that IEVs' estimates have never been shown to be off by more than about 200 for any month. I'm also sure that a "real investor" would know that other sources for auto industry news often quote IEVs sales estimates for Tesla cars, because they're more accurate than anybody else's.

Thanks again for the funniest thing I've read in weeks!