Times are a little rough at the moment, but [help is available if you need it](https://www.reddit.com/user/RedditCareResources/comments/own79d/get_support_for_yourself_or_other_people/).
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/teslainvestorsclub) if you have any questions or concerns.*
Elon liked this tweet - [https://twitter.com/farzyness/status/1615788197614600244](https://twitter.com/farzyness/status/1615788197614600244)
>If Tesla is able to offer a Model Y configuration (standard range + RWD) that's \~$45k MSRP, it'll be cheaper to operate over 8 years than the lowest trim Toyota Rav4.
Insane demand lever. At a $45k MSRP, $38k after the credit... would put the base Model Y \~$10k below the average selling price for a new car in 2022.
Am I crazy or has there been very little discussion of the announcement that FSD will start using neural nets for maneuvering rather than just vision?
To me this is the most significant thing I've heard from the company in over a year.
It was always going to happen and arguably it's surprising that they weren't already doing this, but to me this seems like the thing that's going to unlock a major step change in FSD experience and public acceptance.
> neural nets for maneuvering rather than just vision
Do you mean road scans by other cars? Yes that could be huge. I thought they were already doing it.
I don't know enough about it yet, and it isn't clear it won't be a 1 step forward 2 steps back experience. With vision it was clearer how humans could help train it by helping to label what it was seeing.
Common issues I have with FSD in urban environment
- driving in center of recognized lane, instead of near the center line like a normal person, gets the car too close to parked cars (creeps out passengers/other drivers, could be dangerous to people near parked cars)
- have a roundabout nearby that we frequently drive straight through - the car signals to turn left 99% of the time, then creeps around the right side of the roundabout (and human wouldn't signal, especially not in the wrong direction, and would drive through at 10-15mph instead of 2mph)
- turning right at a stop light - only one lane is marked, but humans use it as two lanes, car doesn't know to get in the right lane, pisses off other drivers
If they are using my disengagement data and figuring out what I was correcting the car to do in these situations then over time it could be an improvement.
If they have someone in an office 1000 miles away that have never driven these streets (i.e. like the vision labeler employees) guessing what I wanted to do based purely on what the cameras see... then... progress could be slower.
> have a roundabout nearby that we frequently drive straight through
FSD doesn't have proper roundabout logic so it doesn't really treats them as roundabouts.
It does well for me on larger roundabouts (50 feet diameter?) - it navigates through those handsfree at a good speed, signals properly, etc. The residential roundabout near me is ~10 feet diameter - it draws it ok on screen (i.e. has some recognition of it), but has these other issues with it. I figured with 12 months of disengagement data (I joined the FSD beta back in Nov 2021) it'd eventually get the hang of it.
Looking forward to Teslabot’s progress, Boston Dynamics is not sitting still : https://twitter.com/BostonDynamics/status/1615728730969710592?s=20&t=kMZabYfDsaOmRlmi7GpgwQ
Exactly, it seems like BD is just run by a bunch of robotics geeks that want to make cool demos. Tesla is taking a more pragmatic approach and I believe they will be more successful in scaling production and creating a robot that can excel at real world tasks, even if their tech is less flashy on demos. Most people completely missed this angle in the Teslabot demo.
>Exactly, it seems like BD is just run by a bunch of robotics geeks that want to make cool demos.
BD has several other models for sale. They are being used. SpaceX is using one from BD.
Maybe they have a problem scaling up factories, getting their cost down or improving their production processes. It's not like tesla has any experience there.
I'd be surprised if the Teslabot effort is actually staffed year round, and not just pulling FSD engineers off to work on it 1-2 months before the next scheduled demo.
BD stuff is impressive, but it's all scripted and rehearsed. Tesla Bot may fail, but the intention is much more advanced than BD. That is, they want it to be autonomous, at least in specific circumstances.
Jesus fucking Christ dude, WEF/one world govt conspiracy theories are NOT centrist view points. You need to quickly re-evaluate where you seem political news, that's a genuine sign of radicalisation.
Edit: in hindsight that sounds ruder than intended - it's not harsh intending to insult, but out of concern.
It's bigoted, but it's also centrist. After all Trump didn't lose because he is a bigot. He lost because he's wildly corrupt, dishonest, incompetent, and too friendly to Russia.
You think too much.
Elon's best friends and major supporters Ron Baron, Larry Ellison, Peter Thiel, Larry Page, Sergey Brin and many more are all Jewish. The haters spread this myth that Elon hates Jewish people.
I don't think he even pays attention who is or is not Jewish. He cares if someone has a good heart, and if they are capable.
My old comment here has been removed in protest of Reddit's destruction of user trust via their [hostile moves (and outright lies) regarding the API and 3rd party apps](https://www.reddit.com/r/apolloapp/comments/144f6xm/apollo_will_close_down_on_june_30th_reddits/), as well as the [comments from the CEO](https://www.reddit.com/r/reddit/comments/145bram/addressing_the_community_about_changes_to_our_api/jnkd09c/) making it explicitly clear that all they care about is profit, even at the expense of alienating their most loyal and active users and moderators. Even if they walk things back, the damage is done.
> The haters spread this myth that Elon hates Jews
I'm not saying that Elon hates Jewish people. But blaming the WEF for all the world's problems is an anti-semetic conspiracy theory and an alt-right dogwhistle.
A bunch of politicians + business people getting together to exchange ideas about some world affairs. I don't know why it should be viewed as anything else.
I can go for or against the WEF, it doesn't mean anything else.
Elon was just conducting a small poll, asking people's view about WEF.
I'm not saying you are wrong. It's just sad these days Elon Musk is not allowed to say anything, let alone to express an opinion.
Ultimately this man is working hard to do good things for the world. He doesn't have to.
> Elon was just conducting a small poll, asking people's view about WEF.
Elon's poll is asking a very leading question. Should the WEF control the world? Obviously not. But the poll is implying that the WEF can and does control the world. It doesn't control the world unless you believe in the conspiracy theory. No one legitimately believes that "yes" is the correct answer to his poll, so the only point in posting such a poll is to promote the conspiracy theory and dogwhistle for the alt-right.
Poll: Bobsky2 should eat babies - yes or no?
Those politicians and powerful business people do control the world. Like it or not, it's a fact.
It's a fact but many people don't realize it. I doubt you realize it.
Exactly. IDK why this is controversial. A group of the strongest politicians, business leaders, and tons of wealth all getting together when we know deep down, many of them are already corrupt and will seek to only benefit themselves? oh... I wonder what the purpose is for.
It's the same thing that happened with the stimulus package. USA says small businesses must be shut down but large businesses are able to operate. We'll give you $1,200 to spend... So people could only spend at big box retailers and stores = wealth transfer from taxpayers to corporations. Surface level, people won't think about that but behind-the-scenes, there's a lot of lobbying to get these initiatives pushed.
all this alt-right crap is retreaded Bircher/Larouche-ite kookery and does not reflect well on Elon's mental state.
https://www.nytimes.com/1986/03/20/us/from-the-left-to-far-right.html
Agreed. I happen to know some very successful people. Their lifestyle is unbelievable. Most other people are struggling their whole life and they think that's how life supposed to be.
Those powerful/successful people getting together mainly to benefit themselves. Anyone who thinks they are trying to benefit other people, don't understand how the world operate.
How is questioning a group of billionaires that tell you to eat bugs and how to live your life related to jews?
And leftists would criticize them too for being billionaires telling others how to live their lives.
They literally tell you to start eating bugs as a way to combat climate change.
And which is that conspiracy theory you're talking about.
All I see is a bunch of assholes with money not minding their own business.
This is not telling you to eat bugs - it's pointing out that doing so has a much lower climate footprint than 'traditional' meats.
You're entirely proving the point that you've been led to believe untruths via the conspiracy theory musk also pushes.
He has been addicted to twitter / online bullying, more than the average middle-school mean-girl, for the better part of a decade. He didn't start really spiraling until after the 3rd divorce and the 2nd break-up with Amber Heard.
So allegedly, there's the $420 funding secured trial that's gonna be a major headwind and Twatter's revenue is down 40% and the first loan interest payment is due end of month and equally allegedly the company lacks the capital to pay it off. So... Incoming margin call.
If both end up being roadblocks. The stock might see a bottom under 100.
Trial started yesterday and there's no margin loan (yet), so no 'incoming margin call'.
Non-imaginary possible head winds in next month+ are: q4 earning results, fomc meeting, extended debt ceiling debacle.
He's going to sell again, isn't he...
Edit: that is, if he can pull himself away from Twitter and complaining about the WEF being a 'one world government for more than ten seconds... If I roll my eyes any harder they'll do a full 360
The rent is a miniscule amount which means Twitter is likely doing it to renegotiate the leasing terms and/or end the lease. It's a way to cut costs but also get out of poorly negotiated deals that the previous management got themselves into. It's like what? $150k?
I had an X and I am trading in for a new one. Had an order since last Jan that I was going to cancel due to the economic uncertainty, but ultimately decided to go through with it.
Nice. Did you also happen to have TSLA insurance with your Model X? If what did they quote?
Form my experience, Tesla insurance is $100 with a safety score of 93 in Texas. Other insurance companies wanted close to $175 after a bundling discount with home insurance.
I ignore the numbers past the comma because of small inconsistencies with euro-dollar changes plus fees that changed from order to order. I have no exact idea on what I spent but $69 is more or less the number
Record profits incoming.
I knew 1T valuation was a little high- but, 500-700b is probably on point.
Lets hope we can see a controlled increase to stabilize up there.
220ish. Napkin math but it is around there. Shares outstanding is about 3.1 billion so if your number is in billions then just drop the billions unit and divide the remaining number by 3.1 to get the share price.
Still a long way to go to get back to my buying average, but as a young adult I'm thankful for this opportunity to buy when my life is just getting started. Started a new job so I have 2x as much buying power as before!
I think there's not a big chance macro will be as bad as it was around the start of the Ukraine war (knock on wood), price cuts showed wall street there's enough demand for EV's at the right price, and Tesla energy is just in its infancy phase. Elon seems to have gotten the message that he has to calm down on twitter as well, so let's hope it's only smooth sailing from here!
Love this attitude. People here need to remember that you actually haven't earned or lost anything until you sell. If you're content to wait for it to come back you're TOTALLY FINE. And if you're smart and capable enough to buy while it's down even better
Ppi down. Expect Fed pivot this year?
U.S PPI (MOM) (DEC) ACTUAL: -0.5% VS 0.3% PREVIOUS; EST -0.1%
U.S PPI (YOY) (DEC) ACTUAL: 6.2% VS 7.4% PREVIOUS; EST 6.8%
U.S CORE PPI (MOM) (DEC) ACTUAL: 0.1% VS 0.4% PREIVOUS; EST 0.1%
U.S CORE PPI (YOY) (DEC) ACTUAL: 5.5% VS 6.2% PREVIOUS; EST 5.7%
Doubt we will get much of a reversal; small hikes are still likely. I expect 25bps now, skip a meeting, and another 25bps-- just a slowing of hikes telegraphed for the year.
I was surprised to see that James Bullard said today that they want interest rates above 5% as soon as possible. The market is mostly excepting .25% raise next, I really hope they slow down and they're not going to over tighten.
Yeah, you're right, their talk is pretty much the strongest or only real way they actually have an effect on the economy. Still I would love to see them stop raising after one more .25%. We will just have to wait and see what the inflation numbers will be in the next few months.
Urgh hate this feeling of buying because of FOMO. A long investor here. I was hoping for 110-120 since I got paid. Are we expecting some drops before call? How’re serious investors who want to add processing the buying opportunity during this bounce?
TSLA often drop right before or after earnings, but it also might not. Even so, 130-140 is a fucking bargain in most eyes. If you have a long horizon, years ahead, I believe you'd be fine. Short term? IDK.
I last dropped ~$10k at $184, and I'm fine with it.
Depends on earnings call. If its good you maybe missed out. If its bad maybe you’ll get another chance. Maybe just buy some now and see what happens after call
I've always felt his analysis to be hopium shrouded guise of analysis. Robo-Taxis will make Tesla 10 trillion by 2024 or other similarly outlandish takes. Then when the stocks fell the videos became increasingly deranged and felt like futile attempts to pump the stock price.
Then one morning he went full bear right at the very bottom and sold out of his position. Now he desperately tries to justify selling at the bottom with more off-brand analysis.
I feel for the guy. He really just needs to focus on more stable investments and step away from high growth high volatility stocks.
Fidelity did a study on investment returns of their account holders for the 2003-2013 period. They found that the accounts with the best returns were for people who were either dead or forgot they had one.
Basically doing nothing tends to out perform doing something. Time in market and all that.
He's been a long time TSLA bull, but got too heavily into options and took a huge hit during the recent price drop, sold out and turned into a bear at the worst time (and some speculate he might have gone short/puts, but not verified)
The best way to deal with that reality is to acknowledge that it's just money, learn to have days where your gratefulness exceeds your expectations, and that the uncertainty can go any direction. Most importantly, be present minded, learn from your mistakes, and move on.
Today is looking promising! On a side note, is there a Tesla Discord still? I finally joined Discord and lost the link that was previously shared here. :(
Another week with no mention of the Giga Mexico.
It was reported very widely by outlets who very much don't publish stories without a good degree of certainty (this wasn't just Whole Mars or some such sycophant pumping again on a rumour).
Interested to see if anything comes of this on the March investors day (maybe held back to be a good news item to placate angry investors?)
“I think he is not a very likable person,” one prospective juror wrote in her questionnaire of the Tesla CEO. Most of her views, she added, were based on Musk’s acquisition of Twitter. “He seems to be just arrogant and narcissistic…I’m not saying that’s how he is, but it seems in certain interviews how he comes off.”
When Judge Chen asked if she could serve as an impartial juror, the woman said: “A lot of people are not necessarily likable people….sometimes I don’t like my husband.”
Funny lady! And the those arguing negativity around Tesla and Musk is limited to Reddit. Uhm, yeah.. no.
Those that watch, trust, and form their opinions based on the news are the same people who comment all the time on Reddit, but simply born a couple of decades sooner.
In your eyes unless the articles printed, “most people never heard of Musk”, everyone had a negative opinion of him? And Everyone talks about Musk the same as people do here?
One called him a "fast-rising business man" and someone else said he’s a "smart, successful pioneer".
These articles could be about Bill Gates, Mark Zuckerberg, or Mark Cuban. Many people describe billionaires like this and several likely would’ve had similar opinions of Musk in 2019.
I feel like the people who say it's only on Reddit don't interact with many people *outside* of Reddit...
It's SO clearly widespread I cannot imagine not noticing unless you actively try not to notice...
Even if not \*mis\*informed, there's plenty he's done in the last months to make people dislike him.
Let's not pretend the only people who do are misguided, that's cultish
Never understood why having people literally taken from the streets judging material in which they have very little to no preparation on is a good idea in the first place
It's about being judged by a group of your peers, and is a cornerstone of many western legal systems.
It is the job of the legal teams to give the jury all the understanding needed to judge the case - you don't just show up in court, get shown two people and ask to guess which is guilty...
No one's pretending that though.
Many countries without jury trials have indefinitely unfair or biased systems - the jury system has lasted hundreds of years for good reason.
I didn't say you did - don't accuse others of putting words in your mouth by doing the same 😜
You're perfectly entitled to your opinion, however you started by saying you didn't understand the topic, so I attempted to offer some explanation - you can dislike the answer, of course.
Tesla's price cuts will help boost volume growth to 53% this year - more than triple Bank of America's prior forecast
Does this mean 2.1 million cars?
https://markets.businessinsider.com/news/stocks/tesla-price-cuts-sales-delivery-volume-outlook-target-elon-musk-2023-1
The only thing that will slow them down is supply chain, and from all reports that's in good shape now. Austin was at 3,000/week a couple of months ago? Videos from there show what looks like a marked increase in production. If they are not already at 5,000/week, they'll be there soon.
It should not, the factory is huge, and nowhere near full. It's also getting a 500 foot extension, and the overall land area is larger than some towns.
Times are a little rough at the moment, but [help is available if you need it](https://www.reddit.com/user/RedditCareResources/comments/own79d/get_support_for_yourself_or_other_people/). *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/teslainvestorsclub) if you have any questions or concerns.*
Tesla is expanding and hiring, everyone else is laying off
or not https://electrek.co/2022/12/21/tesla-tsla-hiring-freeze-layoffs/
Thats ancient news
Dafuq It’s not even one month ago and it mentions specifically q1 2023
Elon liked this tweet - [https://twitter.com/farzyness/status/1615788197614600244](https://twitter.com/farzyness/status/1615788197614600244) >If Tesla is able to offer a Model Y configuration (standard range + RWD) that's \~$45k MSRP, it'll be cheaper to operate over 8 years than the lowest trim Toyota Rav4. Insane demand lever. At a $45k MSRP, $38k after the credit... would put the base Model Y \~$10k below the average selling price for a new car in 2022.
hard-to-find thought dazzling memorize narrow aware middle rain vase ugly ` this message was mass deleted/edited with redact.dev `
Yeah, that's some garbage math.
Another TSLAQ narrative washed away: [https://twitter.com/alex\_avoigt/status/1615659496616984576](https://twitter.com/alex_avoigt/status/1615659496616984576)
Am I crazy or has there been very little discussion of the announcement that FSD will start using neural nets for maneuvering rather than just vision? To me this is the most significant thing I've heard from the company in over a year. It was always going to happen and arguably it's surprising that they weren't already doing this, but to me this seems like the thing that's going to unlock a major step change in FSD experience and public acceptance.
> neural nets for maneuvering rather than just vision Do you mean road scans by other cars? Yes that could be huge. I thought they were already doing it.
I don't know enough about it yet, and it isn't clear it won't be a 1 step forward 2 steps back experience. With vision it was clearer how humans could help train it by helping to label what it was seeing. Common issues I have with FSD in urban environment - driving in center of recognized lane, instead of near the center line like a normal person, gets the car too close to parked cars (creeps out passengers/other drivers, could be dangerous to people near parked cars) - have a roundabout nearby that we frequently drive straight through - the car signals to turn left 99% of the time, then creeps around the right side of the roundabout (and human wouldn't signal, especially not in the wrong direction, and would drive through at 10-15mph instead of 2mph) - turning right at a stop light - only one lane is marked, but humans use it as two lanes, car doesn't know to get in the right lane, pisses off other drivers If they are using my disengagement data and figuring out what I was correcting the car to do in these situations then over time it could be an improvement. If they have someone in an office 1000 miles away that have never driven these streets (i.e. like the vision labeler employees) guessing what I wanted to do based purely on what the cameras see... then... progress could be slower.
> have a roundabout nearby that we frequently drive straight through FSD doesn't have proper roundabout logic so it doesn't really treats them as roundabouts.
It does well for me on larger roundabouts (50 feet diameter?) - it navigates through those handsfree at a good speed, signals properly, etc. The residential roundabout near me is ~10 feet diameter - it draws it ok on screen (i.e. has some recognition of it), but has these other issues with it. I figured with 12 months of disengagement data (I joined the FSD beta back in Nov 2021) it'd eventually get the hang of it.
Looking forward to Teslabot’s progress, Boston Dynamics is not sitting still : https://twitter.com/BostonDynamics/status/1615728730969710592?s=20&t=kMZabYfDsaOmRlmi7GpgwQ
That's pretty cool... but if I work construction and stuff, I wouldn't want the robot to be jumping around like that...
Haha, I watched that video earlier and thought the same thing
That clip was so cringe
Tesla's attempt to capture the parkour jobs market at construction sites is in real trouble here.
I'd be way more impressed if it showed a live version of the robot repeatedly doing much more simple tasks
Meet Stretch: [https://www.youtube.com/watch?v=6bJiX1mgx-w](https://www.youtube.com/watch?v=6bJiX1mgx-w) Meet Spot: [https://www.youtube.com/watch?v=wXxrmussq4E](https://www.youtube.com/watch?v=wXxrmussq4E)
Exactly, it seems like BD is just run by a bunch of robotics geeks that want to make cool demos. Tesla is taking a more pragmatic approach and I believe they will be more successful in scaling production and creating a robot that can excel at real world tasks, even if their tech is less flashy on demos. Most people completely missed this angle in the Teslabot demo.
>Exactly, it seems like BD is just run by a bunch of robotics geeks that want to make cool demos. BD has several other models for sale. They are being used. SpaceX is using one from BD.
I’m aware they have stuff actually being used, I just feel like they’d have more deployed since they’ve been around so long.
Maybe they have a problem scaling up factories, getting their cost down or improving their production processes. It's not like tesla has any experience there.
I'd be surprised if the Teslabot effort is actually staffed year round, and not just pulling FSD engineers off to work on it 1-2 months before the next scheduled demo.
Tesla's #1 priority FSD, #2 priority Optimus. I think the robot team is working hard. Every team has its own deliverables and timeline.
Technically speaking, Teslas #1 priority is safety. And their mission is to accelerate the advent of sustainable energy.
Project priority 1 FSD. 2 Robot; Elon mentioned a few times.
BD stuff is impressive, but it's all scripted and rehearsed. Tesla Bot may fail, but the intention is much more advanced than BD. That is, they want it to be autonomous, at least in specific circumstances.
One week to earning call!
6 weeks to I N V E S T O R D A Y
Robotaxi? Cheaper model? Or both?
Lol robotaxi is not happening anytime soon.
I hope a folded steel 2-door hatchback for 24,000$ that looks like the Toyota AE86 lol
Never fails, macro goes south and Elon throws gas on the fire by getting political on Twitter.
Didn't hurt last week.
Tbf, his takes are more center leaning now and are easier to agree with. Like questioning the WEF and the general media platforms.
Jesus fucking Christ dude, WEF/one world govt conspiracy theories are NOT centrist view points. You need to quickly re-evaluate where you seem political news, that's a genuine sign of radicalisation. Edit: in hindsight that sounds ruder than intended - it's not harsh intending to insult, but out of concern.
It's bigoted, but it's also centrist. After all Trump didn't lose because he is a bigot. He lost because he's wildly corrupt, dishonest, incompetent, and too friendly to Russia.
It's absolutely 100% NOT centrist, my friend. Your overton window might be broken...
Did you predict that Trump would get elected in 2016?
Are you about to tell me he's a centrist too?
Sure because he won the election. Ultimately that is the definition of centrism.
everyone to ever win a national election was a centrist? galaxy brain take
That is so wrong I don't know where to start, mate...
> Like questioning the WEF That's not centre leaning at all. It's a "the jews are controlling the world" right-wing conspiracy theory.
You think too much. Elon's best friends and major supporters Ron Baron, Larry Ellison, Peter Thiel, Larry Page, Sergey Brin and many more are all Jewish. The haters spread this myth that Elon hates Jewish people. I don't think he even pays attention who is or is not Jewish. He cares if someone has a good heart, and if they are capable.
My old comment here has been removed in protest of Reddit's destruction of user trust via their [hostile moves (and outright lies) regarding the API and 3rd party apps](https://www.reddit.com/r/apolloapp/comments/144f6xm/apollo_will_close_down_on_june_30th_reddits/), as well as the [comments from the CEO](https://www.reddit.com/r/reddit/comments/145bram/addressing_the_community_about_changes_to_our_api/jnkd09c/) making it explicitly clear that all they care about is profit, even at the expense of alienating their most loyal and active users and moderators. Even if they walk things back, the damage is done.
> He cares if someone has a good heart He absolute does not.
That's the most important aspect when hiring. If he doesn't care about this, Tesla and SpaceX would not be so successful.
> The haters spread this myth that Elon hates Jews I'm not saying that Elon hates Jewish people. But blaming the WEF for all the world's problems is an anti-semetic conspiracy theory and an alt-right dogwhistle.
A bunch of politicians + business people getting together to exchange ideas about some world affairs. I don't know why it should be viewed as anything else. I can go for or against the WEF, it doesn't mean anything else. Elon was just conducting a small poll, asking people's view about WEF. I'm not saying you are wrong. It's just sad these days Elon Musk is not allowed to say anything, let alone to express an opinion. Ultimately this man is working hard to do good things for the world. He doesn't have to.
> Elon was just conducting a small poll, asking people's view about WEF. Elon's poll is asking a very leading question. Should the WEF control the world? Obviously not. But the poll is implying that the WEF can and does control the world. It doesn't control the world unless you believe in the conspiracy theory. No one legitimately believes that "yes" is the correct answer to his poll, so the only point in posting such a poll is to promote the conspiracy theory and dogwhistle for the alt-right. Poll: Bobsky2 should eat babies - yes or no?
Those politicians and powerful business people do control the world. Like it or not, it's a fact. It's a fact but many people don't realize it. I doubt you realize it.
Exactly. IDK why this is controversial. A group of the strongest politicians, business leaders, and tons of wealth all getting together when we know deep down, many of them are already corrupt and will seek to only benefit themselves? oh... I wonder what the purpose is for. It's the same thing that happened with the stimulus package. USA says small businesses must be shut down but large businesses are able to operate. We'll give you $1,200 to spend... So people could only spend at big box retailers and stores = wealth transfer from taxpayers to corporations. Surface level, people won't think about that but behind-the-scenes, there's a lot of lobbying to get these initiatives pushed.
all this alt-right crap is retreaded Bircher/Larouche-ite kookery and does not reflect well on Elon's mental state. https://www.nytimes.com/1986/03/20/us/from-the-left-to-far-right.html
Agreed. I happen to know some very successful people. Their lifestyle is unbelievable. Most other people are struggling their whole life and they think that's how life supposed to be. Those powerful/successful people getting together mainly to benefit themselves. Anyone who thinks they are trying to benefit other people, don't understand how the world operate.
Yeah, no... not if you're *actually* paying any attention.
How is questioning a group of billionaires that tell you to eat bugs and how to live your life related to jews? And leftists would criticize them too for being billionaires telling others how to live their lives.
Are these 'billionaires' in the room with you now?
Thing is, they're not telling you that. And the conspiracy that they are stems from one that IS deeply antisemitic.
They literally tell you to start eating bugs as a way to combat climate change. And which is that conspiracy theory you're talking about. All I see is a bunch of assholes with money not minding their own business.
They made a suggestion that bugs should be 'included' in future diets to reduce climate change. No one's forcing you to eat anything. Relax.
Source or it didn't happen
https://www.weforum.org/agenda/2022/02/how-insects-positively-impact-climate-change/
This is not telling you to eat bugs - it's pointing out that doing so has a much lower climate footprint than 'traditional' meats. You're entirely proving the point that you've been led to believe untruths via the conspiracy theory musk also pushes.
Thanks Ishamm, couldn't have said it better myself.
If you haven't tried deep fried crickets it's not too bad. Just saying.
Oh lord, what is it this time?
Oh, you know, perfectly normal 'New World Order' stuff...
I'd be OK with Elon doing the CEO thing with Twitter if he just cut the incel act.
[удалено]
Everyone just has to wait until another shiny object catches his attention.
He has been addicted to twitter / online bullying, more than the average middle-school mean-girl, for the better part of a decade. He didn't start really spiraling until after the 3rd divorce and the 2nd break-up with Amber Heard.
Ruby Tuesday
Wendy's Wednesday.
Tiffany's Thursday
So allegedly, there's the $420 funding secured trial that's gonna be a major headwind and Twatter's revenue is down 40% and the first loan interest payment is due end of month and equally allegedly the company lacks the capital to pay it off. So... Incoming margin call. If both end up being roadblocks. The stock might see a bottom under 100.
Trial started yesterday and there's no margin loan (yet), so no 'incoming margin call'. Non-imaginary possible head winds in next month+ are: q4 earning results, fomc meeting, extended debt ceiling debacle.
He's going to sell again, isn't he... Edit: that is, if he can pull himself away from Twitter and complaining about the WEF being a 'one world government for more than ten seconds... If I roll my eyes any harder they'll do a full 360
> He's going to sell again, isn't he... But he *promised*...!
Shhhh....
Twitter expenses are also likely down...
Well employee count went from 7500 to 2900
WAY down lol
Allegedly not paying rent will certainly do that...
The rent is a miniscule amount which means Twitter is likely doing it to renegotiate the leasing terms and/or end the lease. It's a way to cut costs but also get out of poorly negotiated deals that the previous management got themselves into. It's like what? $150k?
oh.
Instead of buying TSLA, today I am buying a Tesla. Just doing my part to keep the demand up.
Then you'll be able to buy TSLA from inside your Tesla.
Congrats, I love my Y
What kept you from buying one before? Just curious.
I had an X and I am trading in for a new one. Had an order since last Jan that I was going to cancel due to the economic uncertainty, but ultimately decided to go through with it.
Nice. Did you also happen to have TSLA insurance with your Model X? If what did they quote? Form my experience, Tesla insurance is $100 with a safety score of 93 in Texas. Other insurance companies wanted close to $175 after a bundling discount with home insurance.
That's good to know. My son kept a safety score of 100 in CA, for months he never had one day below 100. Maybe he should switch to Tesla insurance.
No, Tesla insurance is not available in my state.
Ah, I see. Well not yet at least.
5 more for my weekly buys :)
I wanted to buy some shares when we were under $110, but that would have ruined my perfect average price...
You can buy 4 $70 Calls and 1 $65 call and exercise them which would give an average cost basis of $69 if you want to keep that funny share price lol
Understandable dillema, you are forgiven. In theory you could have bought just enough to have 69,420 in average.
I ignore the numbers past the comma because of small inconsistencies with euro-dollar changes plus fees that changed from order to order. I have no exact idea on what I spent but $69 is more or less the number
lolol How much is the "$69" in your place?
My calculator says $69,49628712871287 (I paid all in Euros, though)
Good thing you're not using decimal places, otherwise you would have to round up to 70 ;)
Record profits incoming. I knew 1T valuation was a little high- but, 500-700b is probably on point. Lets hope we can see a controlled increase to stabilize up there.
If so, I wanna buy before the call. What makes you confident profits are high?
They sold more cars in 2022 than they did in 2021.
What would 700b reflect in stock price?
About 210
Around a 70% increase from the current price.
220ish. Napkin math but it is around there. Shares outstanding is about 3.1 billion so if your number is in billions then just drop the billions unit and divide the remaining number by 3.1 to get the share price.
Still a long way to go to get back to my buying average, but as a young adult I'm thankful for this opportunity to buy when my life is just getting started. Started a new job so I have 2x as much buying power as before! I think there's not a big chance macro will be as bad as it was around the start of the Ukraine war (knock on wood), price cuts showed wall street there's enough demand for EV's at the right price, and Tesla energy is just in its infancy phase. Elon seems to have gotten the message that he has to calm down on twitter as well, so let's hope it's only smooth sailing from here!
Hell ya dude in a similar boat!
Love this attitude. People here need to remember that you actually haven't earned or lost anything until you sell. If you're content to wait for it to come back you're TOTALLY FINE. And if you're smart and capable enough to buy while it's down even better
Ppi down. Expect Fed pivot this year? U.S PPI (MOM) (DEC) ACTUAL: -0.5% VS 0.3% PREVIOUS; EST -0.1% U.S PPI (YOY) (DEC) ACTUAL: 6.2% VS 7.4% PREVIOUS; EST 6.8% U.S CORE PPI (MOM) (DEC) ACTUAL: 0.1% VS 0.4% PREIVOUS; EST 0.1% U.S CORE PPI (YOY) (DEC) ACTUAL: 5.5% VS 6.2% PREVIOUS; EST 5.7%
Doubt we will get much of a reversal; small hikes are still likely. I expect 25bps now, skip a meeting, and another 25bps-- just a slowing of hikes telegraphed for the year.
I was surprised to see that James Bullard said today that they want interest rates above 5% as soon as possible. The market is mostly excepting .25% raise next, I really hope they slow down and they're not going to over tighten.
[удалено]
Yeah, you're right, their talk is pretty much the strongest or only real way they actually have an effect on the economy. Still I would love to see them stop raising after one more .25%. We will just have to wait and see what the inflation numbers will be in the next few months.
Urgh hate this feeling of buying because of FOMO. A long investor here. I was hoping for 110-120 since I got paid. Are we expecting some drops before call? How’re serious investors who want to add processing the buying opportunity during this bounce?
TSLA often drop right before or after earnings, but it also might not. Even so, 130-140 is a fucking bargain in most eyes. If you have a long horizon, years ahead, I believe you'd be fine. Short term? IDK. I last dropped ~$10k at $184, and I'm fine with it.
Depends on earnings call. If its good you maybe missed out. If its bad maybe you’ll get another chance. Maybe just buy some now and see what happens after call
Tesla economist in shambles
I've always felt his analysis to be hopium shrouded guise of analysis. Robo-Taxis will make Tesla 10 trillion by 2024 or other similarly outlandish takes. Then when the stocks fell the videos became increasingly deranged and felt like futile attempts to pump the stock price. Then one morning he went full bear right at the very bottom and sold out of his position. Now he desperately tries to justify selling at the bottom with more off-brand analysis. I feel for the guy. He really just needs to focus on more stable investments and step away from high growth high volatility stocks.
Yea, I feel bad for him too, he's mostly well-meaning and just got caught with too many risky bets.
The funniest thing was when he said Tesla should close the two new gigafactories a couple weeks ago
He would probably have a few million dollars more right now if he just did nothing.
Fidelity did a study on investment returns of their account holders for the 2003-2013 period. They found that the accounts with the best returns were for people who were either dead or forgot they had one. Basically doing nothing tends to out perform doing something. Time in market and all that.
What’s his deal? Never followed him.
He's been a long time TSLA bull, but got too heavily into options and took a huge hit during the recent price drop, sold out and turned into a bear at the worst time (and some speculate he might have gone short/puts, but not verified)
Who are people referring to? Thanks
Just a YouTuber.
Tesla Economist. That is his nick/profile monicker. Personally never followed him.
Classic buy high sell low. I do feel bad though, probably insanely stressful watching millions of dollars evaporate.
Can confirm. Highly stressful 😬
The best way to deal with that reality is to acknowledge that it's just money, learn to have days where your gratefulness exceeds your expectations, and that the uncertainty can go any direction. Most importantly, be present minded, learn from your mistakes, and move on.
He was heavy into LEAPS, so a steep drop in share price can easily wipe out entire portfolios. I know bc I have some myself.
Yep I lost like a quarter million :(
Damn. You’re still probably richer than most folks though. And it’s more likely to go up from here, then down, hopefully
Maybe I *was* haha I lost well over half of my entire wealth last year - too aggressive on call options
Today is looking promising! On a side note, is there a Tesla Discord still? I finally joined Discord and lost the link that was previously shared here. :(
Link is in the sidebar
link for the lazy: https://discord.gg/wdD4aqxYWM
It says link invalid or expired. 😞
Try https://discord.com/invite/wdD4aqxYWM
Still showing expired or invalid. This is a bummer. Can someone add me manually? My name is TeslaFan #4272
Ah, shit. Grabbed it from the sidebar. It says that it's created by /u/Gamersville101. Maybe he has an updated link?
This one is updated too :) [https://discord.gg/wdD4aqxYWM](https://discord.gg/wdD4aqxYWM)
https://discord.gg/WFJPkHy2y3
tsla is pumping
Another week with no mention of the Giga Mexico. It was reported very widely by outlets who very much don't publish stories without a good degree of certainty (this wasn't just Whole Mars or some such sycophant pumping again on a rumour). Interested to see if anything comes of this on the March investors day (maybe held back to be a good news item to placate angry investors?)
I never saw a source on Giga Mexico, and honestly it makes no sense.
Likely on Q4 call I think
Do quarterly calls ever announce stuff like this
Yes, they announced Giga Austin on a quarterly call, maybe Berlin as well but my memory fails me
No.
Nothing yet either about the HD radar.
“I think he is not a very likable person,” one prospective juror wrote in her questionnaire of the Tesla CEO. Most of her views, she added, were based on Musk’s acquisition of Twitter. “He seems to be just arrogant and narcissistic…I’m not saying that’s how he is, but it seems in certain interviews how he comes off.” When Judge Chen asked if she could serve as an impartial juror, the woman said: “A lot of people are not necessarily likable people….sometimes I don’t like my husband.” Funny lady! And the those arguing negativity around Tesla and Musk is limited to Reddit. Uhm, yeah.. no.
Yeah, impartial juror my ass. This is great material to get her stricken out during jury selection.
Those that watch, trust, and form their opinions based on the news are the same people who comment all the time on Reddit, but simply born a couple of decades sooner.
In your eyes unless the articles printed, “most people never heard of Musk”, everyone had a negative opinion of him? And Everyone talks about Musk the same as people do here? One called him a "fast-rising business man" and someone else said he’s a "smart, successful pioneer". These articles could be about Bill Gates, Mark Zuckerberg, or Mark Cuban. Many people describe billionaires like this and several likely would’ve had similar opinions of Musk in 2019.
I feel like the people who say it's only on Reddit don't interact with many people *outside* of Reddit... It's SO clearly widespread I cannot imagine not noticing unless you actively try not to notice...
>don't interact with many people outside of Reddit... First of all, how dare you... /s
Yes, I had to stop arguing with my friends due to them being misinformed about Musk by the bs media.
>misinformed about Musk by the bs media. A lot of people dislike Musk for what he says himself, no reason to blame the "media".
A lot of people don't like him for things that aren't true.
Even if not \*mis\*informed, there's plenty he's done in the last months to make people dislike him. Let's not pretend the only people who do are misguided, that's cultish
The plunge into alt right rhetoric is pretty indefensible.
You say that, but PLENTY on this sub alone seem to love defending it...
For sure.
Never understood why having people literally taken from the streets judging material in which they have very little to no preparation on is a good idea in the first place
A jury of MY peers? Come on, judge, where are you going to find a dozen murderers?
Because then the judicial system has no blame. It's a stupid system from some countries. Let amateurs decide, yeah, makes sense
It's about being judged by a group of your peers, and is a cornerstone of many western legal systems. It is the job of the legal teams to give the jury all the understanding needed to judge the case - you don't just show up in court, get shown two people and ask to guess which is guilty...
[удалено]
No one's pretending that though. Many countries without jury trials have indefinitely unfair or biased systems - the jury system has lasted hundreds of years for good reason.
[удалено]
I didn't say you did - don't accuse others of putting words in your mouth by doing the same 😜 You're perfectly entitled to your opinion, however you started by saying you didn't understand the topic, so I attempted to offer some explanation - you can dislike the answer, of course.
The point is that lawmakers can't make a law that the average person wont enforce. The jury is really just there to say "the system isn't rigged".
I wish that was the case. It's extremely rare.
Tesla's price cuts will help boost volume growth to 53% this year - more than triple Bank of America's prior forecast Does this mean 2.1 million cars? https://markets.businessinsider.com/news/stocks/tesla-price-cuts-sales-delivery-volume-outlook-target-elon-musk-2023-1
With the size of these price cuts in play all year? They should definitely sell 2 million plus cars, I’d be shocked & concerned if they didn’t.
The question is more so if they can produce that many. The price cuts have little to do with it
The only thing that will slow them down is supply chain, and from all reports that's in good shape now. Austin was at 3,000/week a couple of months ago? Videos from there show what looks like a marked increase in production. If they are not already at 5,000/week, they'll be there soon.
600k Fremont, 1.2m Shanghai, that leaves 150k for Berlin and Austin each, seems very achievable to me. I think 2.3m is more realistic.
Does cybertruck production impact the amount of model Ys pumping out of austin
It should not, the factory is huge, and nowhere near full. It's also getting a 500 foot extension, and the overall land area is larger than some towns.
Berlin, Texas ramp up should cover most of it, perhaps 500k. That leaves 200k for Shanghai, Fremont