By - AutoModerator
Aunt Cathie bought 110,731 chairs today
Great! as someone who bought an uncomfortably large position at $672, would be nice to see it rally 😐
cathie bae is great
Came here to say that too.
Always feels good to see mommy Tesla buy
See you tomorrow 😘 love you all. Sleep well 😴
Fucking tired 😴 but didn’t checked all the news yet
Come join me in dropping my phone on my face a dozen times before falling asleep.
Ho fuck it … I know what you are saying lol 😂
This is a good source for China
Standard range Model Y.
Not exactly earth shattering news.
>Standard range Model Y.
For $42k after (generous) Chinese incentives.
>Not exactly earth shattering news.
It means their CATL cell supply of LFP modules & the GF3 expansion is going strong.
It's possibly also the death knell to ID4 sales in China, and might further encroach on Nio and Xpeng SUV sales - not to mention BMW/Benz/Audi ICE SUV sales.
I am 99.95% certain all usual suspects will screech about demand problems forcing Tesla to offer a cheap low range option. Share price will fall.
>I am 99.95% certain all usual suspects will screech about demand problems forcing Tesla to offer a cheap low range option.
- VW introduces new ID4 model at a competitive price: Tesla killer, Tesla facing competitive pressure!
- Tesla introduces new Model Y model at a competitive price: Tesla demand problems!
See how that works? 🤠
Tesla is planning to make 20mm vehicles annually by 2030. That’s not gonna happen without riding down the demand curve.
This guys an interesting fellow. His June 4 post of China sales at 22k in May was the first time I came across him. He was the first person to post on twitter and his post history and numbers seem to be ok semi accurate.
Then his own Personal sales figures for Q2 were about 197k which were pretty far off but this was his own guess.
His also posted TSLA China Q2 sales down 11% From Q1 so he estimated about 28-29k sales in June. (We'll know tonight).
I'll keep an eye out for this big news. If his right about China numbers for June at 28-29k sales i'll keep following (I'm already following due to his June 4 post). Lets see what happens! Also keen to see what the big news is. Let's hope he doesn't go the route of Sawyer and big news = no news lol.
TSLA.....if you can go back to $700 EOW....you will really be doing us a favor.
i fucking wish may god help us all with EOW calls , i gotta start buying some shares
[Competition is here.](https://www.macheforum.com/site/threads/another-weekend-trip-another-problem.7470/)
* This person couldn’t charge Mach-e to 100% before a long trip
* Unreliable charging station
* Lame charging speeds
* Software defects that abruptly made one paddle driving and adaptive cruise unavailable.
I hope they get better. Don't want people's first foray into electric vehicles to turn them off completely. These are people like us who want to be early adopters and ahead of the curve. Don't get defensive -- Tesla can hold it's own even after these issues are fixed.
[Non-Tesla EVs are gateway drugs. ](https://www.reddit.com/r/teslainvestorsclub/comments/l2z432/jd_power_majority_of_ev_owners_are_intent_on/gk9743z/?utm_source=share&utm_medium=ios_app&utm_name=iossmf&context=3)
Mediocre BEVs are still better than the ICE vehicles from the same OEM. Tesla is primed to take advantage of the bigger pie and the normalization of BEV experience.
I have zero sympathies for legacy OEMs, who for the last decade kept dragging their feet. They misled customers and obstructed progress so that they can keep milking their cash cows at the expense of health of the people, ecological balance and energy independence from oil mafia.
Now the legacy OEMs want to place themselves as BEV focused companies so that their investors don’t run away. Too little too late, and that too after reaching a critical level of survival threat spearheaded by Tesla.
Me: We have some brilliant people in the bull camp, such as Jordan Giesige, Cathie Wood, Rob Maurer, James Douma, James Stephenson and \\@jpr007.
TSLAQ: We have some paid internet trolls and [this guy.](https://twitter.com/GordonJohnson19/status/1412849394307801091)
Gordon is the biggest dumbass in the universe. His stupidity is greater than the mass of the universe.
Not dumbass, paid troll.
Any updates on the Model S Plaid fire?
Nope. We will need the investigation … often take around a month or more …
But this news is very fishy … something is wrong there
Aside from knowing the car caught fire what other information is there to determine fishiness?
Read theses 2 :
I guess I don’t see too much to this whole story. Put options can easily be used to lock in gains on a long position without selling the underlying shares until such time they want long exposure again. EMT was awake almost 24 hours and his original post described how the call came in “car driving itself on fire” rather than what actually happened. It wasn’t even posted to a Tesla sub, it was to some other sub about ‘I can’t believe that happened’. Wasn’t really a Tesla story at all to start with, just a funny call that came through. Based on the silence from Geragos I’m guessing they settle privately and we never hear another peep of what went down.
Will TSLA recoup this week's losses tomorrow? Who knows?
may god help us all with EOW calls gotta start buying some shares
When I talk to my friends about buying TSLA. [I'm like ](https://giphy.com/gifs/personal-shia-labeouf-just-saying-GcSqyYa2aF8dy)
This is the way
Idk if its worth to mention, Benzinga putting out slightly bullish articles couple of hours ago? 👀
Well it’s definitely not worth mentioning without a link. With a link it’s probably still not worth mentioning, but at least it has a chance.
Is it suspicious that Bart Smith is the head of Bitcoin trading at Susquehana and his car just happened to catch fire? Then he somehow gets a top L.A. lawyer from his home in PA to take the case? Guy musta been leveraged to the tits in BTC. Or bought a shitload of puts.
Not sure if it matters, but if you look at the chronology of the tweets he originally had two lawyers, neither of which was Geragos. They could not get a response from Tesla as per his first lawyer, so he added Geragos. Geragos has been uncharacteristically quiet, so odds are they are negotiating something.
Ah really? I didnt know he had a twitter
His first lawyers put up a tweet very quickly. [Ben Meiselas](https://twitter.com/meiselasb/status/1410641707985641472?s=20) where he said Tesla was ignoring them. His second lawyer followed up. Geragos posted about 6 hours later and hasn’t said anything since he cancelled a CNBC interview the next day. At least that I have seen.
Oh wow interesting. I wonder if its negotiation or realization that their may have been some sabotage of the vehicle. Im temp banned from twitter for pissing off TSLAQ so i cant view it.
Yeah, that part is hard to say. Geragos is well known for going on the attack using just about every form of media possible, so something is definitely going on behind the scenes. What that is, I have no idea :). No one got hurt, so some cash will probably trade hands and everyone will move on.
True. It is strange there has been no real follow up. I just hate the idea that everyone will think its free money to set a Tesla on fire. Id like to know whether there was an actual malfunction or not. Also if there is a real problem it should be addressed. I guess time will tell.
I like to imagine that Tesla told Mr. Smith that they have recordings from the cameras and Mr. Smith then went on to hire himself a pretty decent criminal defense attorney.
They should investigate him. Seems highly suspect that someone whose company has i forget the exact number but a large amount of puts on TSLA.
Bought 30 more shares yesterday! 🛸🪙
I withdrew from my HELOC to do it…..
What’s HELOC ? Some saving account ?
It's a loan secured by his home.
So, don't know if anyone has mentioned it already, but model 3 made in china long range is coming to Europe. If you want to order new ( us made), it says delivery November but if you are willing to switch for Chinese one, you can get one next month at ~2000 USD discount. This makes me think that they have purposefully set delivery dates later for US models so they can upsell Chinese ones. Low demand in china or factory upgrade in Fremont?
It's a multivariate function of cost, price, logistics costs and demand. Basically what Tesla is doing maximizes the profit. I think it's cheaper to increase production in China over the demand and ship some of them to Europe instead of shipping them from US. They can do this by increasing the prices in China such that demand is at the level they want to deliver locally, and export the rest.
Could be. It's interesting that they don't appear on custom order but only in available cars tab. People say they are different as they come with 75kw, not 82 kw battery like US ones, therefore price discount
Shifting demand to higher margin MIC LFP-based model so that Fremont can allocate more NCA cells to high-margin Model Ys.
More likely ... higher quality expectations by customers in Europe.
All US models where sold out in Europe for this year so far. Sales increase every quarter. In Norway Tesla lowered price of standard range made in china, and still most of orders where for long range and performance from US. Reading through local forums people seem very happy with quality of US models. My friend bought recently performance version and it is very impressive. I don't think it is about quality. More like something else is happening. Either retooling at Fremont or more demand in china
The "simplest" explanation would be that the delivery times in Europe are currently the longest, i.e. the backlog is huge and Tesla tries to fix this temporarily by balancing out the deliveries.
Yes, this makes sense. However last year cars would arrive just before end of quarter, September. However nobody has got this delivery date. My cousin was buying one last month, and from "delivery by June" it went straight for November. I don't believe they they sold out all cars coming to Europe for q3 in minutes
Yeah it's still November for orders in Europe, unless you choose a MIC one "in transport".
[NJ peeps, $5k rebate is back, given at point of sale.](https://www.nj.gov/governor/news/news/562021/20210706a.shtml)
Realistically it will be just $2K for most Tesla buyers (between $45-55K) and zero over $55K. Sucks that a Model Y with nicer rims and non-white paint puts you over that threshold.
But better than nothing, I guess.
The sr+ can take full advantage and brings the price to 35k. That’s pretty good
F**k, it says applies at purchase time in a dealership but we don't have one? Lol
Dealerships or showrooms. Tesla is eligible of course. https://chargeup.njcleanenergy.com/eligible-dealerships
Was joking. Thx
5k off vehicles below 45k
2k off vehicles 45-55k
No rebate above 55k
It seems only the M3 SR+ gets the full rebate
Responses where solid, you have to admire the faith in this company. No risk no reward.
People pay way too much attention to this Gary person. He has experience trading stocks. His actual knowledge of Tesla’s business and technology is awful
Take technical voodoo with a grain of salt
Technicals can make short term movements as pattern prophecies self-fulfill. But that doesn’t matter if you’re investing long term.
Agree. I’m long term and I do trade around my core position and the stock goes on runs and retreats
😪 technical 😴
Anyway I hope we will have a jump tomorrow after the China sales numbers
The China Sales Number can be great....but all it takes is CNBC or some douche bag Media or Analyst to spread FUD or fake news to ruin everything.
Yes. All we can do is hope. We are at the mercy of the MM’s, Wallstreet, and the CCP.
I fail to comprehend how the June numbers will be anything except a wash after the Q2 P&D numbers. A big number in China would mean weaker numbers everywhere else.
Yeah, June is probably going to be better than May, but worse than March (which was an exceptional month).
TSLAQ will, of course, suddenly remember to do seasonal comparisons. 😎
Or flat sideways
And by 2060, Tesla production will exceed the mass of the Universe!
Here's a quick game that models how that scenario would play out, using paperclips: https://www.decisionproblem.com/paperclips/index2.html
In Gordon’s defense if they use all the mass in the universe to make cars, there would be no food left for humans, hence the population would decrease immensely and there wouldn’t be people to buy cars, so Tesla wouldn’t be profitable in this case.
Anybody worrying about profits as they're being thrown into a centrifugal matter separator to be turned into cars needs to reevaluate their priorities.
Won't someone think of the economy?!?
Everything in my watchlist is red today apart from Home Depot. At only 2.1% down, Tesla is actually one of the best performers.
Close down 2.26%
MSFT is oddly doing great despite the JEDI cancellation
No legal battle, but them still having the opportunity to compete is probably good for them.
Of course. They went to the dark side a long time ago.
Join us, we have cookies!
I do like cookies...
AAPL up a bunch today and yesterday.... My old favorite stock.
Bought an ID4 and did a review only to get downvoted into oblivion on electric cars. So much Tesla hate for no reason. https://www.reddit.com/r/electricvehicles/comments/ofaskm/honest_review_of_the_vw_id4/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
/r/electricvehicles is strictly all EV other than Tesla
Yeah thanks for the review. The only thing the VW ID4 does is tell me to buy a Tesla.
I def have buyer regret with the ID4. With my Tesla I did not have that one bit, actually I still remember my SR+ getting faster 0-60 for free. It’s awesome.
I'm sorry to read that. Hopefully you can sell your ID4 after a year or two and get most of your money back to put on a cybertruck :)
I saw that lol. I think the ID4 is a great car for the price, and your review was pretty fair and well written. That sub is full of VW fanboys and people from real Tesla , so you probably should have expected that in hindsight
that sub should be renamed electric vehicles minus Tesla, same for the autonomous cars sub
FSD 9 is coming in 2 weeks!
Is this not a massive bull flag??? Look at past 3 months
I don’t really see it, but I’d love to hear your explanation because I need that confirmation bias.
On the 1 year chart, it looks like we’re near the bottom of the upward channel which would push us to 850+
On the 6 year chart it looks like we’re at the top of a descending triangle with 550 ish support.
Hmm.. on Twitter Elon not talking about FSD in two weeks or pumping Doge. Somethings up ( and no, it’s not TSLA stock price).
Huh? He’s been tweeting about FSD so much lately including [5 days ago](https://twitter.com/elonmusk/status/1411280212470366213?s=21) and again just [2 days ago](https://twitter.com/elonmusk/status/1412233344759201792?s=21). I was actually about to post about how he needs to stfu about FSD until it’s out
Fed minutes be like: we're beginning to see the start of sale purchase reductions increasing ahead of our lowered increased sale of increased purchases.
Does anyone understand this jibberish?
It's right out of [Yes, Minister](https://www.youtube.com/watch?v=8keZbZL2ero).
Fed had good news come on where’s the money!
It’s all going to MSTR.
This is not the way
Any update on FSD9?
[Shipping soon, I swear](https://m.imgur.com/pnya1P7)
Deserves more upvotes
On a serious note if it doesn't ship in 2 weeks I'll be pissed. Not because it takes longer but because of Elon ridiculously setting up expectations like it's done and just needs to be uploaded somewhere.
"It's ready, we just need to fix some obvious issues"
-Elon Musk, and every developer, ever
2 Weeks ™️
My goal is to be at 200 chairs at the end of this summer, just 80 more to goo
With the way it’s going you can reach the goal by the end of the month!
thats a great goal! but i hope it doesnt work out for you, because that means more of this sideways trading action.... lol
This is what I did between 2015-2019 mostly. Just a great opportunity to build your position and be ready for the next jump. We need to consolidate a bit before the next growth face.
China numbers should be strong considering NIO and XPENG’s YoY and MoM growth.
Purchased 1 06/2023 $1000C.
Found the post... it was actually $460 -> $1M by buying TSLA LEAPS.
Got lost in this thread forever lol. Need Amazon to split so I can try it
One of the most ridiculous gains I have ever seen on WSB was TSLA LEAPS.
The dude turned $50k -> $1M+++ on a single position of TSLA LEAPS.
Why do you post this every day
[We’re not going to remove the post because it is relevant but we are still going to remove it because fuck you.](https://reddit.com/r/teslainvestorsclub/comments/oeu2z9/tesla_says_autopilot_makes_its_cars_safer_crash/h4bkn8p/)
honestly, I wish you guys would stop copying and pasting FUD articles. I don't hate you for it, but it's best to just ignore that stuff
Eventually, the number of clicks on that crap will go down
FUD stands for Fear Uncertainty and Doubt.
So you just want to see some bullish unbalanced Teslarati-type junk. It’s ok to be bullish on Tesla but being blind to any kind of negative news isn’t going to make the fundamentals any better 😘
It seems you've made an assumption about me that's untrue, and I don't appreciate it.
This week is gonna be red. Starting next week and EOM TSLA wil be $800
hell naw, starting today at 2pm!
Well, i bought two 650 calls for this friday. lets hope it moons back to 680
Thank you for your sacrifice. Next time remember to just buy shares.
naw i aint no bitch. its gonna go back up
Mine is for 8/20 but I don’t like this stock, i don’t trust it I fomoed thinking it’d jump today
i bought mine somewhere earlier, only down like 100$, but i think itll moon back up. This pull back is ridiculous... hopefully it moons back before friday!
Damn is it too late to get out?
then go short it?
Please correct me if I’m wrong. If I want to buy 100 chairs at $550 at any point in the future. Should I sell a put at $550 strike? This way I collect the premium and possibly buy at $550. I understand opinions are risky. The only risk I see is that the opinion is exercise on a huge drop below $550, when I no longer believe a $550 price point is a good entry point.
I personally write higher strike, long terms puts. For example I wrote a Jan 2023 800 put for 31k premium. Break-even is 490. I expect Tesla’s price to increase so there is a lot more premium to capture at a higher strike.
But I do this to supplement all the shares I own. I’d rather own shares over writing puts to try to see shares.
Excellent! A few follow up questions. When you write this type of contract is it immediately exercise as it’s above the SP atm? I understand the break even point, as you receive $310 per share as the contract writer.
Now that I have hundreds of shares and more money to accumulate more shares, I’m trying to maximize my portfolio. I’ve look at cover call but the return are low. This isn’t my first time with call opinions as I have a few contracts, just not on Tesla shares. So any info is helpful.
> is it immediately exercise as it’s above the SP atm?
Almost never*, because it would mean the buyer is giving up the extrinsic value.
Sometimes contracts will be exercised early because the extrinsic value is about the same as an upcoming dividend but apart from that it's really only edge cases.
I only write calls on days when the price goes up 4-5% or more and I’ll write them no more than a week or two out at usually around 20% higher than the current price. This has been fairly profitable for me but you risk losing out on a massive run, should it occur.
I have a core position that I don’t trade but will trade around it depending on the price going on a run up or down. If you aren’t trying to mitigate risk, buying and holding shares will be your best bet. If you lose money buying calls, you will have large losses to make up for.
Never done options, but I imagine your broker might want you to guarantee that actually pay for the shares. So you'd either to have $55000 in your account or enough margin. So those won't be available to you to use until expiry. Apart from this, sounds good.
As I said, never done options so I might be spouting nonsense. In that case feel free to educate.
This seems like a really unnecessary risk considering the recent volatility. It’s like picking up pennies in front of a steam roller. Why don’t you just set a limit buy for $550 and see what happens?
I see a lot of shiny pennies!
If you want the shares as an investor, you can pick an aggressive strike that you think will result in you being assigned. That way you can maximize the premium earned, and also get the shares with high probability.
5 more shares at $647.76
Elon, I believe!
Do you think cybertruck will protect against such incidents
The Cybertruck will protect passengers against impact and impaling damage better than pretty much any other vehicle, short of a main battle tank.
The reason is that all the mechanical strength and structural support of the Cybertruck is in the outer shell - while for regular cars and trucks it's mostly in the frame, while the body panels are soft aluminum.
The "weird" design of the Cybertruck is due to its entirely new vehicle manufacturing process.
- The Cybertruck's exoskeleton is in essence a "truss bridge" with incredible strength.
- The Cybertruck's angles are so sharp because it's impossible to stamp body panels in an economically viable fashion - so the exoskeleton has to be cold rolled & bent instead, like an Origami.
The exoskeleton stainless steel and armor glass design provides all around protection like no other passenger vehicle in mass production today.
Funny how CATL is up a lot around the TSLA deal news and TSLA is not.
It shows how little analysts understand. Guess who is making more profit per kWh. The one that sells the "commodity" or the one that puts it in a high tech product...
Ill buy more dips. Tyvm
Been selling covered calls on my shares since last December. I think it's going to be a long time until everyone else realizes that Tesla is going to take over the world, so it's going to trade sideways for a very long time.
selling cc since feb; but i don’t think it will take as long as you think 😏
I must say that I am glad I didn't sell puts yesterday.
Um...so whats going on with TSLA today? Any fake news or FUD released?
I think some of the really high price targets were from investors touting the robotaxi network. Now that FSD seems more like a pipe dream into the immediate future, I expect prices to drop since one of the big investment theses is not going to pan out anytime soon.
Why does FSD seem more like a pipe dream? We have literally never been closer to FSD than we are right now.
Doesn't seem likely anytime soon. Elon finally conceded he was far too optimistic. No saying if they will accomplish it with just the hardware they have now. It appears many years away (5+). Since he has been talking about it coming soon since (https://twitter.com/elonmusk/status/823727035088416768?s=20), I wouldn't hold out hope with what he says.
Macro crapped it's pants.
Going long on Depends.
Solid sell side today.
macro collapse again
holy fuck, the bleeding wont stop
can't stop - won't stop... please stop
Must be. Come back to us when the value of your TSLA shares have a weekly total delta of $750k or more. Then he can complain!
Lol, keep doing your thing boss. Don't invest in Tesla.
what did it say? heh
Why do you post in this subreddit?
You should have waited until 2028
Of course the larger question is when did you buy.