Is a long-term holder
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TSLA did finish up! incredible!
No sweat, bro.
By GOLLY: TSLA is not down yet! NOT the way I expected.
Elon did say about the Cybertruck:“We dug our own grave with the Cybertruck”. However, THAT is done. Where do you think this guy is coming from: https://finance.yahoo.com/m/353735b2-6705-32c8-8c08-5c20f4fbf595/canceling-cybertruck-would-be.html
Actually, come to think of it, for all I know, you could be Jack Hellerman...
ROVLRAM: I am certain you could have written it, but you have better things to do with your time. In the meantime, please let Jack Hellerman get the credit, unless THAT is your pen name.
Rovlram: In more ways than 1. They have never seen anything like a Tesla, and it shows.
By the time Wall Street analysts can quantify the net income attributable to FSD, the horse will be long gone.
The problem with conventional analysts trying to analyze Tesla is that their horizons are limited by what can be put into their models. "Valuation is a problem for Tesla". I agree. How on earth can you begin to model FSD? Or Optimus? Or even DOJO?
A lesson that (antisemitic) Elon did not even have to learn: "Learn from yesterday, live for today, hope for tomorrow. The important thing is not to stop questioning."
If TSLA ends (is allowed to end) up today, I WILL truly be amazed.
Toddy: Be very watchful in tomorrow's market. The love and fascination being shown to Elon and Tesla, is so unusual after his near-disaster, that I am VERY SUSPICIOUS.
Gpheart: I think it comes down to how you define 'Decent human being." If your definition is that a decent human being is a rather boring person who does not tick off anybody nor say anything which may be slightly controversial in a room full of people, I would agree with you. However, if you define a 'decent human being' as an interesting creature with lots of ideas (some of which may well be controversial,) THEN I think Elon is your man.
Rovlram: ANOTHER great find. The article is balanced, not anti-Elon or anti-Tesla. There is only one line in the entire article that I disagreed with: "investing in Tesla becomes more than a financial decision – it becomes a statement in favor of unrestricted dialogue and the celebration of diverse perspectives." To me, personally, My money is precious, and will NEVER seek martyrdom and/or a political platform. The reason I LOVE Elon is that I have found in my decades of investing that disruptions come from renegades rather than conformists.
Rovlram: A question to ask is: why is the media being so ice to Elon and Tesla? Is it because of the infamous Musk tweet? Are we being set uo for a big fall later in the day?
FUNNY! I am just 76.
Rovlrem, I will confirm this but I believe that my brand new Model Y, with HW, ALREADY has one of the features: "activating the autopilot will change from two stalk presses to just one."
NOW I know who I am: an ELON STAN! What a find Rovlrame, The article does not say ANYTHING negative about Tesla or Elon.
green: I personally think it was worth fighting for...
Possible news items:
1. Conclusion of NHTSA probe of FSD. See
https://www.cnbc.com/2023/08/25/tesla-autopilot-safety-probe-by-nhtsa-nearing-completion.html#:~:text=The%20agency%20initiated%20a%20safety,systems%2C%20crashed%20into%20first%20responders%27
Yes, that was less than THREE months ago. In terms of the current government, THAT is lightning fast!
2. FSD removal of BETA.
3. Deal with India.
4. NACS accepted by Brandon.
What I find really surprising is that TSLA continues to perform significantly better than NVDA. It is obvious somebody knows something!
Here is a copy of an email I sent to my close buddies last week:
On Wednesday, November 8, 2023 at 03:15:16 PM PST, Brij Sood
I RARELY bet on short-term changes in the stock market.And I NEVER advise others about the stock market mainly because everybody's investments are their own business.
However, I have a very STRONG feeling about NVDA earnings on 11/21. NVDA has had stellar reports the last two quarters and I do not see that changing.
On May 24, the stock was trading at just over $300 (305.38 to be exact). After blowout earnings and a revenue outlook that demolished the analyst expectations, the stock jumped to almost $400 on May 25. On a gut feeling I changed my order to buy calls expiring on Friday of that week to market from limit. Forutnately for me, that turned out to be a smart move. Since I always hedge my call purchases with put purchases, my total outlay was in excess of $24 per share.
On expiration day, I sold most of my calls for a profit of over $10,000! The remaining calls were exercised; therefore I was out over $60K, and the proud owner of a few hundred shares of NVDA. Fortunately the SP kept climbing and I made more per share than I would have by just selling the calls.
In the conference call of May 24, the CEO of NVIDIA projected revenues for the following quarter of $11 billion plus/minus 2%! In other words his forecast was so accurate it HAD to be based on ACTUAL orders. To their credit, the NVDA analysts believed that number and ran their models based onit The models are required to generate an estimated EPS. The estimated EPS (average of 30+ analyst models) was $2.07. It turned out that the CEO's conservatism in projected sales was incredibly obvious because the reported revenues were $13.5 BILLION. On that revenue, NVDA managed to report an EPS of $2.70. . The analysts were correct on the somewhat muted impact on stock price Unlike my first foray into NVDA, I lowered my risk by changing the call and put strike prices to stay within my targeted investment. On Aug 25, I bought calls and puts for a net outlay of $8 per share. The way you reduce your cash requirement is, of course, by buying way out-of-the-money options. In this particular case I had to buy calls at $510 and buy puts at $450 when the stock was trading at $468. GOOD THING I DID THAT, because the total proceeds from the calls and puts were just over $11 per share. When you do that you increase your risk of losing your premium dollars but increase the potential payout on a percentage basis.
NOT BAD, but nothing like the first time!
Now NVDA earnings for Q3 2024 will be released on Nov 21. In its infinite wisdom, the Street expectations are as follows:
Revenues: $15.3 billion
EPS: $3.16
Sounds reasonable. EXCEPT revenue projections by the conservative CEO of Nvidia are for $16 BILLION! Listen to the Q3 earnings call:
Events Platform - Q4 NVIDIA Corporation (NVDA)
Therefore I expect a significant beat of expectations and therefore a chance to make serious money.
Events Platform - Q4
Q4's Events platform is an efficient and secure way to conduct any capital market's meeting online.
Analyst Ratings, Estimates & Forecasts - Yahoo Finance
NVIDIA Corporation (NVDA) Analyst Ratings, Estimates & Forecasts - Yahoo...
See NVIDIA Corporation (NVDA) stock analyst estimates, including earnings and revenue, EPS, upgrades and downgra...
THE STREET NEVER LEARNS., thank goodness.
The reason I say that is because there are CEOs and then there are OTHER CEOs. The CEO of Nvidia is a conservative, Chinese gentleman that ALWAYS understates expectations. For Q2 2024, he projected revenues of $11 billion and reported over $13.5. The company, like most others, does not project EPS., leaving that task to the silly and clueless analysts. The analyst projected an EPS of $2.07 based on their lower revenue expectation of $11.04 billion per NVDA's guidance during the Q1 earnings call). NOT QUITE, because the top end of the NVDA forecast was over $11.2 BILLION. This time he is [rojecting $16 Billion,which is $700 million HIGHER than the average analyst estimate.
Please call me if you have any questions.
NVDA - NVIDIA Corp Forecast - CNNMoney.com
NVDA - NVIDIA Corp Forecast - CNNMoney.com
That email was about NVDA. However, some of the lines are clearly applicable to TSLA. The ones I want too highlight are as follows:
1. In its infinite wisdom, the Street expectations are as follows:
2. THE STREET NEVER LEARNS., thank goodness.
The ONLY question I have is: WHY NOW?
Apologies to FSKR holders on this board, bu tI do not see Fisker surviving into 2024...
I have been scouring the internet for news that could explain TSLA's performance today. The best I have been able to come up with .is...
1. The news that India MAY lower import duties on EVs.
2. The sale of Tesla ultrafast chargers to EG Group of the UK.
See https://finance.yahoo.com/m/18be7981-cfed-3d7d-be59-d8c164ba743e/why-tesla-stock-zoomed-4-.html
Personally, I do NOT think that either of those two news items is worth even a tenth of the actual share price boost enjoyed by Tesla today. I think it is just the oversold condition of the stock. And, just possibly, a realization by Wall Street that Tesla is more than just an auto company.
George; Is there a trigger event that is causing the buying?
As somebody who knows India rather well, I will be really astonished if Elon can penetrate the Indian market.
rovlram: This will probably show my stupidity, but I do not understand your response.
Does anybody know why the stock is up around $10 with NO NEWS?
When do you think Elon will announce wider availability of FSD (without the BETA attached to it)?
Rovlram: The ONLY problem I see with FSD now is possible complacency. The warning that the system may do the wrong thing at the worst possible time sounds scary at first; but after years of experience with it, I regard THAT warning in the same light as ubiquitous hurricane alerts and how bad they might get. I am not sure why FSD is still in BETA.
Believe it. I think it is true. Two points:
1. If the truck is HOT, a year is NOT too long to wait.
2. Would you rather have a COLD truck that nobody wants?
AS far as enforceability of the contract goes, please watch
CHK: Good for you!
chk: My apologies. I think I was thrown off by 'hiding and waiting'!
Use of the word "GAME" in the following headline has ONE intent: try to trivialize Tesla's claim and one of Elon's many claims to immortality.
https://finance.yahoo.com/news/volvo-joins-tesla-toyota-giga-163200346.html
Why don't we lock up ELON? Along with all the other thinkers? Would that solve the world's problems?
Actually, the real NEWS I expect almost any day now is that FSD is coming out of BETA.
So you think MORE THAN 50% of Tesla employees who are hand-picked out of a mass of applicants (In 2017, Tesla had 500,000 applications for 2,000 openings - see https://blog.kickresume.com/how-to-get-a-job-at-tesla/#:~:text=To%20be%20frank%20—%20it%27s%20not%20easy%20at%20all.&text=Many%20people%20clamor%20to%20land,less%20than%202%2C000%20open%20jobs ) will vote to unionize so they can ALL be treated as equals with each other?
I think you got the first digit wrong, buddy.
CHK: Do me a favor. Do not let the SHORTS scare you.