Tesla unlikely to Survive (Vol. 3)
Discussion
Ouroboros said:
and the deal looks to be falling apart.
Surely he hasn't sold billions in stock to fund a deal he never intended to make? I could possibly suspect it may have been the plan all along.I mean after putting a $44 bn deal on hold to extensively research Twitters bot problem by "taking a random sample of 100 users", what possibly could go wrong
Edited by Smiljan on Sunday 15th May 21:40
Sounds all very Trump like. To be fair though they have similar characteristics.
Apparently he has to pay $1 bn to walk away from the deal. Still easy come, easy go. So long as there are folks like TBM ready, willing and able to put their money into keeping Tesla stock pumped up, why wouldn't he cash out and blow it whenever he fancies. His bro has already done it at peak Tesla (court case pending).
Apparently he has to pay $1 bn to walk away from the deal. Still easy come, easy go. So long as there are folks like TBM ready, willing and able to put their money into keeping Tesla stock pumped up, why wouldn't he cash out and blow it whenever he fancies. His bro has already done it at peak Tesla (court case pending).
Edited by Smiljan on Sunday 15th May 21:58
Smiljan said:
Surely he hasn't sold billions in stock to fund a deal he never intended to make? I could possibly suspect it may have been the plan all along.
I mean after putting a $44 bn deal on hold to extensively research Twitters bot problem by "taking a random sample of 100 users", what possibly could go wrong
Has he sold billions in stock yet? Surely Musk selling off $44bn worth of Telsa would be noticeable to the markets, of course as you note if he didn't intend to follow through then no need to sell a lot of stock. Not all up to date on the US tax code or how he holds his stock but how would one go about selling stock to fund a purchase without any tax implication?I mean after putting a $44 bn deal on hold to extensively research Twitters bot problem by "taking a random sample of 100 users", what possibly could go wrong
Smiljan said:
Sounds all very Trump like. To be fair though they have similar characteristics.
I've never got Musk. I don't like a lot of what he does, but seems to have become successful from it.i feel like he is always trying to do things, when he should focus on the companies he already has.
b0rk said:
Smiljan said:
Surely he hasn't sold billions in stock to fund a deal he never intended to make? I could possibly suspect it may have been the plan all along.
I mean after putting a $44 bn deal on hold to extensively research Twitters bot problem by "taking a random sample of 100 users", what possibly could go wrong
Has he sold billions in stock yet? Surely Musk selling off $44bn worth of Telsa would be noticeable to the markets, of course as you note if he didn't intend to follow through then no need to sell a lot of stock. Not all up to date on the US tax code or how he holds his stock but how would one go about selling stock to fund a purchase without any tax implication?I mean after putting a $44 bn deal on hold to extensively research Twitters bot problem by "taking a random sample of 100 users", what possibly could go wrong
https://www.theguardian.com/technology/2022/apr/29...
Minus $1 bn to pull out of the twitter deal and ker-ching $7.5bn left in his bank account.
All relevant to Tesla due the tanking effect it helped nurture on the stock. Still plenty of fish in the sea to "buy the dip" and risk him making them penniless. Not to worry.
Edited by Smiljan on Sunday 15th May 22:05
Smiljan said:
TameBritishMuslim said:
Yeah, because investing in a company makes the CEO your idol. 
Seems to me you greatly admire him, wouldn't invest otherwise since he is in charge of Tesla and steers everything they do."greatly admire" aka "idolise"
Simple for me to assume so, yes.
Smiljan said:
It’s the same thing just a different word. Didn’t think you’d be so sensitive over a choice of one word.
Pray tell, why did you buy more?
You (and others) on this thread are the ones who want to bash EM and/or anyone who points out that Tesla will survive and thrive.Pray tell, why did you buy more?
I bought more because I believe in the business of Tesla and the fundamentals of that business are strong (as I have have elaborated on many previous threads).
I more meant why now, I understand what you believe could happen in the future. We all know the stock market is fickle and often disconnected from actual company performance.
Do you have a low stock price that you wait for before buying or is it just when you have spare cash you jump in? What kind of long term growth are you expecting to have such faith in this one stock? 1% per year, 10%, doubling every ten years? What is it you are confident of?
Do you have a low stock price that you wait for before buying or is it just when you have spare cash you jump in? What kind of long term growth are you expecting to have such faith in this one stock? 1% per year, 10%, doubling every ten years? What is it you are confident of?
I own a Tesla.
I happen to think Tesla stock is overcooked, particularly in the current financial climate. That appears to be borne out by the highly variable nature of the stock movements. I feel like there is a lot of sentiment baked into the price, particularly as it relates to the fortunes and flippancy of EM himself, as evidenced by how it was affected by the Twitter goings on, even though Twitter ought to have no bearing on Tesla or vice versa.
I also think that, particularly recently, he's been a bit of a knob. I don't think publicly appearing to pull out of the deal because of something that ought to be patently obvious to anyone doing basic due diligence (i.e. that bots are a big problem) is the behaviour of a professional businessman. He has form for these disingenuous flip-flop moments with the whole "Bitcoin payments for cars", introducing it and then withdrawing it in less than 2 months, citing "environmental concerns about Bitcoin mining", like that is somehow a revelation. It's not a good look.
I also don't think talking about "owning the libs" (joke or not) is helpful to anyone, it is just stoking the flames of the whole culture war. I can see why people would doubt his statement about the need for Twitter to be impartial in that context.
I happen to think Tesla stock is overcooked, particularly in the current financial climate. That appears to be borne out by the highly variable nature of the stock movements. I feel like there is a lot of sentiment baked into the price, particularly as it relates to the fortunes and flippancy of EM himself, as evidenced by how it was affected by the Twitter goings on, even though Twitter ought to have no bearing on Tesla or vice versa.
I also think that, particularly recently, he's been a bit of a knob. I don't think publicly appearing to pull out of the deal because of something that ought to be patently obvious to anyone doing basic due diligence (i.e. that bots are a big problem) is the behaviour of a professional businessman. He has form for these disingenuous flip-flop moments with the whole "Bitcoin payments for cars", introducing it and then withdrawing it in less than 2 months, citing "environmental concerns about Bitcoin mining", like that is somehow a revelation. It's not a good look.
I also don't think talking about "owning the libs" (joke or not) is helpful to anyone, it is just stoking the flames of the whole culture war. I can see why people would doubt his statement about the need for Twitter to be impartial in that context.
Smiljan said:
I more meant why now, I understand what you believe could happen in the future. We all know the stock market is fickle and often disconnected from actual company performance.
Do you have a low stock price that you wait for before buying or is it just when you have spare cash you jump in? What kind of long term growth are you expecting to have such faith in this one stock? 1% per year, 10%, doubling every ten years? What is it you are confident of?
I've been investing in Tesla since about 2014 so my average price in my main holdings (ISA) is in double digits. In my 'regular account', my average price is around a third of the current share price. My overall ROI is currently around 1000%. I always fill the ISA each year and drip feed into my 'regular account' throughout the year. I try not to 'time the market' per say but just dollar cost average. Long term (10 years) I expect this to easily double.Do you have a low stock price that you wait for before buying or is it just when you have spare cash you jump in? What kind of long term growth are you expecting to have such faith in this one stock? 1% per year, 10%, doubling every ten years? What is it you are confident of?
I am confident of many things but some examples are: (i) that by the end of 2024 (if not earlier) Tesla will have overtaken BMW in terms of vehicles produced; (ii) Tesla will continue to be the largest producer of electric vehicles throughout the decade; (iii) Tesla will continue to have industry leading margins per vehicle.
Thanks for that, I do genuinely admire people like you who risked 5+ years of possible total loss of your investment but stayed firm and poured more in. For Tesla currently with the stock as it is this has been a very good long term investment.
You’re braver than me though not moving some of those gains into more stable investments though. You could still have a large Tesla holding without risking your entire portfolio.
I see it from the point of view that even currently at todays stock price, all of the future promises are already accounted for any that logically there is no reason for the stock to climb any higher long term. Investing large sums now I’d like to gambling on crypto currencies but worse as one man can readily cause huge swings in Tesla stock at will.
I hope you do well and enjoy your investments gains in layer life. If you really did start in 2014 it would be a pretty tough ride for your overall holding ever to end up negative.
There are some huge challenges for all EV makers with the acceleration in uptake there are raw material concerns that really weren’t there when Tesla were going it pretty much alone in much smaller volumes.
The next few years are going to be tough for all car manufacturers with inflation, global recession and extreme competition over the current limited mined natural resources needed for the batteries. I think the Golden years for Tesla have passed and they’ll find it much tougher from now on. It’s telling there is still no output from 2 of their giant factories despite opening with fanfare and 2 of their 4 models on sale can’t be bought for delivery in most countries.
Those factories only make money when their output makes it to customers and those customers start paying. I do it incredible they are suggesting the pick up truck will be produced in volume in 12 Months when they can’t even produce the refresh model S And X now. All is not golden with Tesla at all.
Lastly how do you buy your stocks and what kind of charges do you pay?
You’re braver than me though not moving some of those gains into more stable investments though. You could still have a large Tesla holding without risking your entire portfolio.
I see it from the point of view that even currently at todays stock price, all of the future promises are already accounted for any that logically there is no reason for the stock to climb any higher long term. Investing large sums now I’d like to gambling on crypto currencies but worse as one man can readily cause huge swings in Tesla stock at will.
I hope you do well and enjoy your investments gains in layer life. If you really did start in 2014 it would be a pretty tough ride for your overall holding ever to end up negative.
There are some huge challenges for all EV makers with the acceleration in uptake there are raw material concerns that really weren’t there when Tesla were going it pretty much alone in much smaller volumes.
The next few years are going to be tough for all car manufacturers with inflation, global recession and extreme competition over the current limited mined natural resources needed for the batteries. I think the Golden years for Tesla have passed and they’ll find it much tougher from now on. It’s telling there is still no output from 2 of their giant factories despite opening with fanfare and 2 of their 4 models on sale can’t be bought for delivery in most countries.
Those factories only make money when their output makes it to customers and those customers start paying. I do it incredible they are suggesting the pick up truck will be produced in volume in 12 Months when they can’t even produce the refresh model S And X now. All is not golden with Tesla at all.
Lastly how do you buy your stocks and what kind of charges do you pay?
Smiljan said:
Thanks for that, I do genuinely admire people like you who risked 5+ years of possible total loss of your investment but stayed firm and poured more in. For Tesla currently with the stock as it is this has been a very good long term investment.
You’re braver than me though not moving some of those gains into more stable investments though. You could still have a large Tesla holding without risking your entire portfolio.
I see it from the point of view that even currently at todays stock price, all of the future promises are already accounted for any that logically there is no reason for the stock to climb any higher long term. Investing large sums now I’d like to gambling on crypto currencies but worse as one man can readily cause huge swings in Tesla stock at will.
I hope you do well and enjoy your investments gains in layer life. If you really did start in 2014 it would be a pretty tough ride for your overall holding ever to end up negative.
There are some huge challenges for all EV makers with the acceleration in uptake there are raw material concerns that really weren’t there when Tesla were going it pretty much alone in much smaller volumes.
The next few years are going to be tough for all car manufacturers with inflation, global recession and extreme competition over the current limited mined natural resources needed for the batteries. I think the Golden years for Tesla have passed and they’ll find it much tougher from now on. It’s telling there is still no output from 2 of their giant factories despite opening with fanfare and 2 of their 4 models on sale can’t be bought for delivery in most countries.
Those factories only make money when their output makes it to customers and those customers start paying. I do it incredible they are suggesting the pick up truck will be produced in volume in 12 Months when they can’t even produce the refresh model S And X now. All is not golden with Tesla at all.
Lastly how do you buy your stocks and what kind of charges do you pay?
The bit you are missing, is thinking making cars is the only value Tesla has!You’re braver than me though not moving some of those gains into more stable investments though. You could still have a large Tesla holding without risking your entire portfolio.
I see it from the point of view that even currently at todays stock price, all of the future promises are already accounted for any that logically there is no reason for the stock to climb any higher long term. Investing large sums now I’d like to gambling on crypto currencies but worse as one man can readily cause huge swings in Tesla stock at will.
I hope you do well and enjoy your investments gains in layer life. If you really did start in 2014 it would be a pretty tough ride for your overall holding ever to end up negative.
There are some huge challenges for all EV makers with the acceleration in uptake there are raw material concerns that really weren’t there when Tesla were going it pretty much alone in much smaller volumes.
The next few years are going to be tough for all car manufacturers with inflation, global recession and extreme competition over the current limited mined natural resources needed for the batteries. I think the Golden years for Tesla have passed and they’ll find it much tougher from now on. It’s telling there is still no output from 2 of their giant factories despite opening with fanfare and 2 of their 4 models on sale can’t be bought for delivery in most countries.
Those factories only make money when their output makes it to customers and those customers start paying. I do it incredible they are suggesting the pick up truck will be produced in volume in 12 Months when they can’t even produce the refresh model S And X now. All is not golden with Tesla at all.
Lastly how do you buy your stocks and what kind of charges do you pay?
mgv8 said:
The bit you are missing, is thinking making cars is the only value Tesla has!
Not a mistake, solar loses money each year and bots don’t exist nor does autonomous driving. Battery storage is also a tiny contributor hampered by the same resource issue as the cars batteries.What did I miss? Merch? Flamethrowers and water bottles?
Ouroboros said:
It all the big data that Tesla monitors its users, to then decide to sell it on at a later date, and people happily hand over money to buy into this.
Except every EU car now has a software switch asking if you want to share data because of GDPR in EuropePlus the ‘data’ they get is a fraction of the data Google and Apple get from people carrying mobile phones so presumably they’re worth should be even greater.
Even if Tesla started pumping adverts into the car, customised to you, while you sat there charging it wouldn’t make much different difference
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