The last several months in Silicon Valley I do not remember the last time I went outside for more than 5 minutes and not seen a Tesla. I noticed about a week ago I stopped caring, much as I do not especially remark on noticing a Honda or a Ford. That's a good sign, though likely very geographically localized.
Tesla Smashes Earnings And Revenue Expectations
91–100 of 188 posts
Re: Tesla Smashes Earnings And Revenue Expectations
#92Meh, Teslas are boring status mobiles now. If you like your electric cars to be interesting and exciting. Order an Arcimoto [1] instead. 1. http://www.arcimoto.com/
You could at least have recommended a http://litmotors.com/c1/
Re: Tesla Smashes Earnings And Revenue Expectations
#93Earlier quoted context omitted.
I've driven one. They're fun, they tilt to the curve. And they're more practical for a single city-dweller. Also, whoever downvoted me... can we keep this civil please? That HACKER news is becoming a place where people downvote mentions of upstart disruptive competitors in an attempt to curry the favor of well funded established companies. Is just kind of, sad.
I think people just disagree with your comment...
Of course, it's probably because I mentioned status... which is the third rail of Bay Area niceness; I mean it's an absolute meritocracy; right?
Re: Tesla Smashes Earnings And Revenue Expectations
#94Earlier quoted context omitted.
Up 26% after-hours almost certainly qualifies as a 'Tsunami of Hurt.' Some quick math for fun's sake: If the TechCrunch[1] article is still accurate, Musk owns 28.4% of TSLA. His paper-worth on this ownership this morning was $1.8B. If things stabilize at $70/share, his paper-worth tomorrow morning will be $2.3B. A notional profit of $500 million in 24 hours isn't too shabby. [1] http://techcrunch.com/2010/06/28/tesl…
Not sure I understand what you're referring to. 0.284 * $7.5 billion = $2.13 billion His gain, assuming a 20% jump, is about $300 million. At market close TSLA's market cap was $6.39 billion.
Re: Tesla Smashes Earnings And Revenue Expectations
#95Earlier quoted context omitted.
Elon Musk several days ago: EDIT: My mistake, this was said much longer ago (September 2012). I just read it recently. Thanks to batbomb for pointing this out. My apologies. “It’s doing pretty well actually given that we’re such a huge short position. In fact I think the short position may be as high as one can actually go. They literally hit the ceiling on the short position. The shorts are in it to the hills. I thi…
That's several months ago. If it was a few days ago he'd probably be hearing from the SEC soon.
Re: Tesla Smashes Earnings And Revenue Expectations
#96I've never seen the fairness of after hours trading. The majority of people don't have access to it (that I've spoken to), yet that is when you see some major moves (up or down) in a stock. Congrats to Tesla for turning their first profit!
Re: Tesla Smashes Earnings And Revenue Expectations
#97A good article to help understand the massive afterhours movement: http://www.reuters.com/article/2013/05/08/autos-tesla-idUSL2... High-Level Summary: There was a ton of short-selling interest on TSLA (due to expectations of a big earnings miss). Almost 27% of the 115mm shares outstanding are currently being borrowed by short sellers. TSLA has more short interest by percentage than 98% of US stocks. Everyone was real…
I purchased a fair number of TSLA when they IPO'd, for a bit lower than the actual IPO price of $17. A little over a year ago, my brokerage offered to borrow my shares at 4% annual interest (paid on a monthly basis). I was told that I would retain the ability to trade the stock at any time, but I gave up my shareholder voting rights while the stock was "loaned" out. I had never heard of that happening to small indivi…
Re: Tesla Smashes Earnings And Revenue Expectations
#98Earlier quoted context omitted.
Are they even in production? I know if I write a check I can get a Tesla.
I've driven one. They're fun, they tilt to the curve. And they're more practical for a single city-dweller. Also, whoever downvoted me... can we keep this civil please? That HACKER news is becoming a place where people downvote mentions of upstart disruptive competitors in an attempt to curry the favor of well funded established companies. Is just kind of, sad.
I downvoted you exactly for this reason: you seem to be under the delusion that Arcimoto is (or will be) a Tesla competitor.
Re: Tesla Smashes Earnings And Revenue Expectations
#99Earlier quoted context omitted.
That's several months ago. If it was a few days ago he'd probably be hearing from the SEC soon.
Why, is there a quiet period just before the release of earnings?
Re: Tesla Smashes Earnings And Revenue Expectations
#100Earlier quoted context omitted.
TSLA options are also super weird and sketchy; around the expiration of the long-dated calls in January each year, there seems to be some magical push to drive the stock price lower for 1-2 days; then after the expiration, when I've been pushed out of the money, the price rebounds substantially. I gave up on TSLA options and am sticking to being long the stock.
You don't need to wait until expiry to sell. There is a lot to be said for options if you use them carefully. Yes, risk is higher with high leverage and a narrow portfolio. But returns can be also. I think the line about risk adjusted returns being higher in index funds is 3 parts inexperienced investors trying to pick stocks without doing their homework and 7 parts experienced investors trying to convince inexperien…
Also, with actively managed strategies, it only takes one or two bad bets to wipe out years of gains, and due to natural biases, individual investors tend to under-report/weight losses and over-report/weight the gains. As such, we always tend to hear how other investors are making a killing on a certain stock or trade, but we rarely hear from the losers, which distorts our perceptions of risk and returns (so far, I have seen a handful of people talk about their Tesla stock holdings on this thread, but I have yet to see a single person talk about haw bad they are getting cleaned out because they shorted the stock).