Not a good day for Tesla investing...

[Kirk W]

Tesla Stock Has Plenty of Downside, With or Without Elon Musk

[Dutch_12078]

Or it might be a good time to jump in... Does anyone really doubt that Elon will still be calling the shots even if the SEC forces him out? Maybe a hefty bill showing up in the books each month for "EM Consulting Inc"?  

[RV_]

Many of the investment analysts are saying that now is the time to buy as they expect the energy storage and home/enterprise PowerWall systems to realize their potential.

The Koch brothers have routinely destroyed the environment wherever they have a factory for about anything.

https://www.rollingstone.com/politics/politics-news/the-koch-brothers-exposed-84999/

They bragged about the fact that they pay their fines willingly as a few million in fines to make billions in profit is a good deal for them.

https://www.rollingstone.com/politics/politics-news/inside-the-koch-brothers-toxic-empire-164403/

So what did they have to say about that article?

Koch Industries Responds to Rolling Stone – And We Answer Back

https://www.rollingstone.com/politics/politics-news/koch-industries-responds-to-rolling-stone-and-we-answer-back-237090/

That relates to Tesla in this way. Musk is a billionaire, and he will likely get a fine that is payable.

Now Tesla is a buy. From September 10:

Buy Tesla shares 'even with drama,' Baird analyst says after factory tour

https://www.cnbc.com/2018/09/10/buy-tesla-shares-even-with-drama-baird-analyst-says-after-factory-tour.html

But I am biased, I made a lot with Tesla for the last eight years holding long. I did not sell because I'd lost faith, but because I am very much not a middle income guy anymore - thanks to Musk and Tesla. My son is holding his Tesla stock.

I sold my 1000 shares last month near the year's high. So while my money was taken because we are about to buy a house cash in Colorado and want the option to buy there, then take our time selling this 5 acre paid for property and three year old house, I am still a big fan of Elon Musk and Tesla. Musk has all but taken over the NASA Space program, by merit, not lobby money, to the point that the ULA, Mainly Boeing and Lockheed, who are still using the Russian RD-180 engines, now have to compete with Space X for the manned missions to the ISS, and NASA can stop hitching a ride costing us millions paid to Russia for each trip.

Space X is a private company and Musk, after this latest will never go public with it. I hate that because I was going to come back to the bigger play with Musk if he took Space X public. Musk will be fine regardless. And he has made a lot of millionaires out in the world by his innovative vision. We did very well too.

I would buy Tesla today if my other funds were not in USAA funds that are doing spectacularly. We are also going to have the proceeds of this property to replace the now liquid Tesla proceeds we use for our new yet to be chosen home.

I am excited about the pot stocks we invested in with so little now yielding a 33% gain in a couple of weeks. We will hold until we see what happens after it goes legal across Canada October 17th I think it is. Exciting times, and I do not believe we will have an end to this Bull market until 2019 at the earliest.

Good luck with whatever y'all invest in. I had it and look forward to more.

Anyone with an anti Tesla bent needs to test drive one for a good couple of hours. They cost about what a loaded diesel 1 ton dually does for the Model 3. And much less than the top line luxury SUVs from BMW and Mercedes.

The next few years will be even more fun if we participate in American companies using American workers.

Musk will prevail, you all will see. Te best revenge, is living well.

Live well guys.

 

[RV_]

Dutch good point. My son still has his Tesla shares and he just told me they are holding long. He has the numbers and the tech. He also has a solar roof from  . . . Solar City and loves it. He said it saves him a bundle. He bought Tesla at $155 so they could quit anytime but choose not to. I agree.

[RV_]

The Model 3 is climbing to be the best selling car in the US. When Tesla bottoms it will be a great buy again. Read these sales statistics:

Model 3 Tops

 

 

[RV_]

New announcement from the current administration says we have only a decade to turn it around:

https://www.bing.com/search?q=president+says+7+degree+climate+change&pc=MOZI&first=1&FORM=PERE

Without any selling today competitors for Tesla, it looks like here in the US we have at least one American BEV.

America, and Americans always step up when world crisis threaten us all. 

[Dutch_12078]

Will Tesla sales make up for the relaxing of environmental regulations the current administration is pushing?

[RV_]

Dutch,

No

Only individuals can vote on that with their wallets. Regardless of what the feds say the states and cities have already begun to make their own regulations to support worldwide reductions in exhaust period. The rest of the world will pick up the slack. Major cities are making themselves ICE free zones.

Our age group will see the beginnings of the extreme storms, crazy high temperatures, and melted Ice caps North and South between 2020-2030. Our kids will see the destruction of civilization as we know it. Unless we change fast. I don't see it happening. I'm 66. I did as much as I could to help renewable energy implementation speed up. It's up to our grand kids generation to clean up any mess we leave them now.

Don't forget science is not fact if stupid people don't want to believe it. I helped Tesla with invested money. Now I see the difference between intelligence and stupidity. Intelligence has limits.

So investing in recreational pot seems a good way to proceed to invest. Covers all the bases.  What happens when denial fails? If this weren't so serious it would be funny seeing the smug ones find out the very wealthy have shelters and supplies in New Zealand and abandoned them. I hope Musk gets some of us off planet within ten years. That's why we're heading North, central and high altitude relatively speaking.

[Dutch_12078]

Derek, the first line of your post seemed to indicate the current administration was taking positive action regarding the speeding up of climate change, but maybe I read too much into it. Their actions have been completely the opposite, relaxing, or attempting to relax, many of the environmental regulations put in place precisely to slow down man made climate change. Tesla's vehicles could possibly help the environment if the BEV recharge process is at least carbon neutral.

http://columbiaclimatelaw.com/resources/climate-deregulation-tracker/

As for investing in pot, I have mixed emotions about the deregulation for recreational use. I can see the value in medical use, but recreational deregulation strikes me as the precursor to a new tobacco style industry with many of the same or similar dangers of addiction and inhalation health issues.

[RV_]

Dutch,

Good points except for addiction. MJ is not addictive.

I personally think if it replaces opioid painkillers that are freakishly addictive, it's all good. I see me and others who don't smoke only using oils, oil infused edibles, and, where legal, I'd like a little fraction of THC for additional muscle relaxation. I don't drink and went from three packs of smokes a day to none eight years or so ago. I am sure the same rules for not smoking cigarettes in public indoor spaces will apply.

Currently, we've seen folks like you and me who got hooked on oxycontin, lortabs, and fentanyl, and they now are denied the drugs, in a well publicized move to stop the pill mill docs. So now middle class folks that were respectable last year, are shooting up heroin because they can't afford street prices for opioids their docs prescribed legally, and stopped providing. Now that is an entirely preventable shame.

Legal recreational Herb won't do any of that.

I'm pro BEVs, and Pro legalization of pot. The entire countries of Canada, and Uruguay agree, and legalized it. Any American young or old can get MJ where it is illegal in under 30 Mins! Kids can get pot easier than alcohol, which because it's legal, we tax it, control it, and require IDs.

Let's legalize it and tax it, control the age groups that can buy it. Like Nexium or NSAIDs, with it legal and over the counter, folks can self medicate like with alcohol to unwind.

As to the current Administration's dire temperature prediction in ten years while repealing the safeguards you mention above. Let's leave the politics out and just focus on the value of investing in BEVs, and something to relax with when the fires make breathing air worse than smoking three packs a day like I did years ago. Colorado has smoke filled air from the California wildfires.

New Zealand is the safest place for the foreseeable future.

The markets are dropping and thank goodness I keep my capital gains in the USAA Money market account. They invest in only short term notes with the Fed. So an increase in interest may actually make me more. We can move our gains into the bank with FDIC protection in plenty of time for tougher times. I am liquid mostly save the MJ stocks.

I observe and comment on what I see. And invest in what I believe will move up a lot.

I vote and encourage others to vote too, regardless of party. I don't do politics. I vote.

 

 

[rjxj]

I have not owned Tesla stock but do follow it and the auto market. Any time I run across these discussions I'm always puzzled by such strong support of GW CC and criticism of and labeling of any opposition as deniers. If a person has a strong belief why in the world would they be driving all over in a fuel sucking RV? 

If a person truly believes, it seems they would be living in a very small stationary efficient home. If there is really a concern about ice engines and emissions why would they be building 150 mph zero to sixty EV's. If you really wanted to reduce emissions you would target and duplicate the most popular vehicles on the road which iirc are the Honda Accord and Toyota Camry. The vehicles that actually most meet that are ridiculed while people like Musk boast of their products as being able to beat any ice vehicle in a drag race. If resource depletion is an issue why would building something that can break the speed limit even be considered.

I may be missing something but this is nothing more than upside down and backwards. RV and GW talk just don't seem to go together. 

[RV_]

Kirk,

Like I said before, the dip of Sept 28, the time of your post to $263.02 a share, was a big buy opportunity.

It was a great time to buy Tesla! As I said, it would bounce back stronger than ever. Today it closed at $341.06.

Had you bought 1000 shares then and sold foolishly today, you would have made $78.04 per share, or $78,040 even, in about a month and a half.

It will pass $400 and more now. You see the biggest shorts have dropped or admitted they were wrong and sold their short positions and bought shares to hold long.

https://www.msn.com/en-us/autos/news/major-tesla-short-seller-changes-mind-over-proven-hit-of-the-tesla-model-3/ar-BBOPOd9

https://insideevs.com/citron-tesla-short-reverses-course-long

https://www.reuters.com/article/us-tesla-shortsellers/citrons-tesla-u-turn-dealt-short-sellers-a-1-11-billion-loss-idUSKCN1MY234

https://nypost.com/2018/10/24/tesla-short-sellers-lose-1-1b-on-citron-change-of-heart/

Kirk, au contraire mon frer. It was a very good day to buy Tesla. Just like my selling my shares at $348 I said I will regret at the time. But I needed to get more liquid to buy my new house and then sell this one.  This one was bought cash as was the new house. So as usual I buy cash, and then can take my time for top dollar selling this five acre property. Once settled we will buy our first ever new car, cash, a Tesla Model 3. But if the wait is still long we may get a used Model S. Plenty in Colorado as S owners buy new Model 3s. Used Model 3s sell for more than new because of the 400k backlog they are reducing fast now.

Kirk, you're supposed to buy low, sell high. Watch it rise now, this time without the soiled shorts, hanging on like leeches. I am highly interested to see them now ramp the energy division, do the Model Y, the Heavy duty tractor truck, and their pickup truck.

Happy investing!

[RV_]

rjxj,

I don't understand your comment. What is the "GW talk" you refer to?

As far as RVing, We stopped fulltiming after 7 years on the road, sold our big 36 foot fiver trailer and dually diesel 1Ton truck.

But you are confusing tree huggers with Tesla enthusiasts. The two only go together in

Koch brothers press releases about their clean coal. Even their investors are backing away.

It would be equally silly for me to accuse Fossil Fuel Fans of knowungly causing Autism in innocent children. Like I said that is silly. . . . However:

New study links air pollution to a higher risk of autism

"New Chinese research has found a link between long-term exposure to air pollution from vehicle exhaust, industrial emissions, and other sources to an increased risk of children developing autism.

Carried out by researchers at the University of Chinese Academy of Sciences, along with the University of Birmingham, UK, and McGill University, Canada, the new study is the first to investigate the relationship between long-term exposure to air pollution and autism spectrum disorder (ASD) during early childhood in a developing country.

The researchers looked at 124 children with ASD and 1,240 healthy children who acted as a control group, examining them at different stages over a period of nine years."

Sources:

https://www.ctvnews.ca/health/new-study-links-air-pollution-to-a-higher-risk-of-autism-1.4165004

http://healthland.time.com/2012/11/27/autism-and-air-pollution-the-link-grows-stronger/

https://www.gattonstar.com.au/news/young-children-exposed-to-toxic-air-pollutants-are/3569374/

I bought a smaller fiver. And sold it to get a very tiny 19 foot Scamp Fiver, sitting in my yard at the RV hookups on the side of my workshop. One of these:

https://www.scamptrailers.com/showroom/19-deluxe-trailers/19-deluxe-trailer-layout-a.html#!20160219_102654_clipped_rev_1_751

We downsized from the 1ton dually to a 3/4 ton getting 22mpg driving as a car. The year is a 2004.5, direct rail injection, quiet Cummins diesel, in a long bed four door truck. I stick with the 2004.5-2007 Cummins 5.9 very efficient diesel. But when we move we are selling the truck and trailer and dropping to a Subaru Forester or Outback, and  Model 3. The performance BEVs use very little resources compared to ICE age vehicles. Does it bother you that BEVs are faster and much more fuel efficient:

"The Model 3 is rated by the EPA at a combined 130 MPGe, meaning it can travel 130 miles on an amount of electrical energy equal to the energy contained in a gallon of gasoline. In other words, the Model 3 is as energy efficient as a gasoline-powered car that gets 130 mpg. The highway estimate is tops in this group, while its combined estimate is second only to the Hyundai Ioniq Electric. And, as they say, your mileage may vary."

Source, Car and Driver April 2018:

https://www.caranddriver.com/reviews/2018-tesla-model-3-in-depth-review-fuel-economy-and-driving-range-review

[Kirk W]

Elon Musk 'probably should have taken' Tesla private, early investor Tim Draper says &nb

Tesla’s Stock Seen Plunging 44% as Profit Fuel Runs Out

 

 

[RV_]

Click For Full-Size Image.

Excerpt:

"The Polish magazine Rzeczpospolita reported in October that Daimler (OTCPK:DDAIF) was open to once again working with Tesla (TSLA) according to CEO Dieter Zetsche. This represents an about face and embarrassment for the German company and Zetsche who will soon depart and may have just laid some track for his successor Ola Källenius to revive Daimler's lost relationship with Tesla.

In 2009, Daimler made a $50 million investment in then tiny Tesla Motors, probably saving Tesla from bankruptcy in the wake of the 2008 financial meltdown. For a time, Mercedes bought batteries and drive motors from Tesla, first for the electric Smart Car, and later for the electric B Class.

In 2014, Daimler sold its stake in Tesla (for a near $800 million profit), and in 2016, discontinued work with Tesla, bringing electric vehicle development in-house.

Since striking out on its own, electricity has not been good to Daimler. When Daimler's Freightliner subsidiary launched their eCascadia electric truck in June, it was immediately apparent, even to Daimler, that Tesla's electric truck had passed them by. In September, Daimler fell short of Tesla again with the introduction of their EQC Sport Utility Vehicle. And, in Q3, Tesla outsold the entire Mercedes line in the US. Time to try "plan B".

Investors interested in the fortunes of Daimler, Tesla or both may want to keep an eye out for potential cooperative efforts between these companies. Daimler has expressed interest in renewing a relationship with Tesla and can certainly gain advantage from current Tesla battery and driveline technology. "

Source:https://seekingalpha.com/article/4219389-daimler-tesla

https://cleantechnica.com/2018/10/12/tesla-crushes-porsche-jaguar-worldwide/

 

 

[RV_]

It is now over what I sold at, $348 for my shares bought for $25k in 2010 for for $17 and $22.5.

As well the analysts are optimistic now saying they should soon join the S&P 500. From MarketWatch:

“Tesla Inc. “checks all the boxes” except for one important one for inclusion in the S&P 500 index, Macquarie Research said Thursday, boosting the Silicon Valley car maker’s shares on a mixed day for the stock market.

Even that missing part — consistent profitability — will arrive for Tesla TSLA, +0.72%  after the second quarter of 2019, Macquarie analyst Maynard Um wrote in a note.

While (Tesla) still has to prove it can sustain profitability, we believe the company will achieve this last eligibility requirement driven by steady demand for Model S & X, increasing production to meet Model 3 demand, and potential for meaningful (Zero Emission Vehicle) credit revenue,” Um said.

Tesla shares have gained 13% this year and 15% in the past 12 months, which compares with advances of 5.2% and 6.2% for the S&P and the DJIA this year and of 8.4% and 11% for the past 12 months."

Source: https://www.marketwatch.com/story/whats-next-for-tesla-joining-the-sp-says-one-analyst-2018-11-08