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This hits close to home.
Looks like a real gapper!!
Haha, no it doesnt.
Yup. That single event, which has happened before, will change the overall economic issues.
Little too early imo. We'll see though. I'm going to wait on a further drop coming in June. Thinking we got a little rally going on here, but thats it. Then back at it towards the bottom.
Yeah, no thanks. Too much macro going on now. Got plenty more fed rate hikes coming. Weaker numbers in Q2. Too much overreacting going on in the market to signal any type of bottom yet. Good for you though.
Just like FSD. Let's be realistic. All these "what ifs" are pretty far down the road. I like the company, but the valuation got pretty far out of hand. Even have Elon saying it's overvalued, and he dumps a bunch of shares under the guise of taxes or Twitter.
Thanks, but no thanks. I'll wait.
I dont know about 250, 400 seems doable. Would need a good turn down on the broader market.
It's the start of the week, and with how bad everything went down last week along with the miraculous pull back late Friday, I expected green today. Nothing earth shattering though. Market can't go down every day.
Wow, it's up 1%. Huge victory.
No, I'm just a Tesla buyer at 400.
Nope, I'm just not an optimistic doofus.
Propelled on hopes and dreams. The fed rates only increased by 50bp in May, and the market took a dump. They want to increase it to approx 3% by the end of this year. We are currently sitting at .75 - 1%. You do the math. Gowth / tech sectors are primed to take the brunt of the sell-off. Possibly could start to see a turnaround late Q3 into Q4. Only if inflation starts to drop and the Fed's rate hikes don't push the economy further down. Historically, a balance hasn't been found and the Fed's response has been too much causing more pain before it gets better.
Guessing at least a 10% reduction in production this quarter compared to last quarter. Another rate hike in June, continued Twitter nonsense, overall weakening of the market based on inflation fears, ongoing ukraine/Russia war, covid seemingly being a reoccurring theme, and sourcing constraints are all going to push the share price under 500 in the coming months. Maybe a few more well placed hit pieces and short selling pressure will get it there quicker. The larger market turmoil should really open some people's eyes. This Recession is coming. Cash at hand is best right now, or I suppose you can take another 30% haircut, maybe worse.
Agreed about the 400 number. I dont see much further unless the broader market absolutely tanks.
Annnnnd.....your point?
Seems like I would be content with the money made and wouldn't waste my time responding to people on ihub.
Who's ready for Nasdaq sub 11k and then 10k. Another 10% down on the composite translates to Tesla being down multiples of that. Proof positive enough today. Could get real ugly. Can't wait for the next fed rate hike in June and the poor production numbers in July.
Hey, we finally agree on price.
On hopes and dreams
This didn't age well
Haha, I like it. Tesla has plenty of room to fall from here. Nothing but negative on the horizon. Maybe the powers that be will pepper in some more hit pieces from the last 5 yrs to help nudge it a little. I think a larger lump of retail will start a sell-off here pretty soon. Plenty got in early enough that the drop didn't bother them so much. Now that may be changing.
I thought 916 was the price target?
Ok.
Who do you expect to prop things up? Tesla has always been considered overvalued. But the company got away with it due to future foresight and growth. That was in a bull market. The reality is starting to set in with a recession on the horizon. Too many factors pointing towards share price depreciation leading into Q2 earnings report. Any weakness and we could be looking like Netflix.
Things probably won't look that great in the fall either. Probably some new super scary covid strain leading to more shutdowns in Shanghai and global sourcing issues. Only thing positive investors were talking about this summer was a stock split. Really think that will still happen? Others might push for the company to do a stock buyback, which I think is the better idea, but that won't be until late August at best. Nothing points towards anything near term to prop up anything. Guess we'll see.
How so? The market is on the cusp of a much deeper recession. Inflation is driving several fed rate hikes throughout the summer, and clearly we'll see a drop in production from the July reports. Seems like these months aren't going to be very bright for Tesla. Not many catalysts between now and their earnings report to help stop a further sell off.
Sure, good luck with that. I think you mixed up the 9 and 6 in your projection. Market realizes the ensuing quarter Tesla is going to push out. Any weakness, and a version of Netflix 2.0 is coming to Tesla.
Except when it's coupled with a broader market recession. Runaway inflation, fed rate hikes, Twitter distraction, loss of production in Shanghai from covid shutdowns, supply chain issues. This quarter is going to be painful. When the market was good, yeah it wasn't such a big deal. Now, I'm going to say it is for the short term.
Doesnt mean FHFA can do anything it desires. Read what FHFA is supposed to do while acting as a conservator. Just like HERA’s anti-injunction provision limits court action against FHFA as conservator or receiver, the en banc panel seems to think the judiciary system can intervene when FHFA acts outside its statutory responsibility.
They have a fiduciary responsibilty to act in the best interest of the companies while in conservatorship......and who are the companies owned by? Private shareholders, so by that sense yes they do have a fiduciary responsibilty to act in the best interest of the shareholders.
Just been holding and accumulating shares. Been a long road of ups and downs.
Haha, yeah the lions just know how to fall apart. Give you some hope and then destroy it. Reminds me of Fannie Mae.
I suggest people go back and read Calabrias paper "The Conservatorships of Fannie Mae and Freddie Mac: Actions Violate HERA and Established Insolvency Principles." From reviewing it, it's clear Calabria believes Treasury has been paid back, Treasury violated HERA with the NWS and that the 10% interest rate charged far exceeded the historical norms of any conservatorship. The paper emphasizes a conservators role is to rehabilitate the financial institution and that a very modest rate of return on moneys invested is the expectation. The warrants do not have substance here because of Treasury receiving vast overpayments. The purpose of a conservatorship is not for a huge financial windfall. Treasury has acted outside its statutory authority with the NWS and the en banc ruling shows this. Time to unwind the conservatorship, count payments made against the SPS, return over payments, and cancel warrants. Common sense solution.
I think the most realistic outcome is that all payments in excess of the originally agreed 10% dividend to the Secretary of the Treasury will be set off against the SPS. The excess over that amount will be returned and used to build capital. The warrants will not be used. FHFA is already on notice for acting outside its statutory authority and using its position to deprive shareholders of any value. Conservatorships have historically been operated to rehabilitate the financial institution. Not for a windfall money making enterprise. The warrants were for recouping the initial investment. That has more than happened. Time to null the NWS, state the SPS as paid back, and return excess amounts.
In my opinion, which doesn't count for much, it seems like the en banc ruling was a small victory. However, given the extent they talked about FHFA exceeding their statutory authority with the NWS and using Fannie mae and Freddie mac's profits for the soul benefit of Treasury which negated all other shareholders. It seems like the en banc panel could have vacated the NWS or at the very least placed an injuctive relief on the NWS. Instead, they delayed justice further by remanding it and suggesting possible remedies. This process just wont end. More legal briefs coming and more delays. I believe the en banc panel knew if they placed an injuctive relief it would have unwound the conservatorship due to a clause in the original PSPA, I believe section 6.7. So now in my opinion more time is allotted to Treasury to change the agreements before courts can do anything which would unwind the conservatorship had the courts stepped in like they should have. Feels like we are just waiting for some behind closed door deal to come out which screws over shareholders just in a different fashion. Thoughts? Not trying to be negative, just a fnma common shareholder for years.
Thanks for the speculation.
So where's the evidence. Nobody seems to have any aside from speculation. With how much the Pander Party Democrats want Trump gone, you better believe if they had any shred of evidence they would have done it by now. Youve got Brennan from the CIA talking out both sides of his mouth during his congressional hearing, and yet still no evidence.
https://www.theblaze.com/news/2017/05/24/trey-gowdy-has-tense-exchange-with-former-cia-director-on-trumprussia-collusion/#comsParent
Not at all.
Riiiiight. GSE dividends never used to pay those, never.
Anyone else notice the timing of Trump saying he would pay the obamacare subsidies through May and the government having to review and produce the 11k documents by May 30th. Perhaps just a coincidence. But the extension request by the government to May 30th was unopposed.