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08-06-2018, 08:21 AM
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#221
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Aug 2011
Location: West of the Mississippi
Posts: 17,264
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A good company does not necessarily mean a good stock.
A good stock does not necessarily mean a good company.
That's why I use index funds.
__________________
Comparison is the thief of joy
The worst decisions are usually made in times of anger and impatience.
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08-06-2018, 08:23 AM
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#222
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Aug 2011
Location: West of the Mississippi
Posts: 17,264
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IMHO, what Mr. Musk needs at Tesla is another Gwynne Shotwell.
https://en.wikipedia.org/wiki/Gwynne_Shotwell
 Quote:
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Gwynne Shotwell (Rowley; born November 23, 1963) is an American businesswoman. Gwynne Shotwell is President and Chief Operating Officer at SpaceX (Space Exploration Technologies Corporation), where she is responsible for day-to-day operations and company growth.
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__________________
Comparison is the thief of joy
The worst decisions are usually made in times of anger and impatience.
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08-07-2018, 03:33 AM
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#223
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Thinks s/he gets paid by the post
Join Date: May 2014
Location: Utrecht
Posts: 2,650
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Quote:
Originally Posted by gauss
Probably a good thing that I am not in the marketing or business strategy professions. -gauss
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I can assure you that business strategy professionals have little useful to say about Tesla, Bitcoin or Apple.
They still miss their blackberry keyboards ..
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08-07-2018, 05:00 AM
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#224
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Thinks s/he gets paid by the post
Join Date: Jun 2017
Location: Western NC
Posts: 4,633
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Thanks to all the early adopters buying Tesla EVs and lowering the costs for those of us who wait until that tech hits mass-market prices.
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08-07-2018, 10:30 AM
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#225
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Thinks s/he gets paid by the post
Join Date: Nov 2015
Posts: 2,692
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Quote:
Originally Posted by ncbill
Thanks to all the early adopters buying Tesla EVs and lowering the costs for those of us who wait until that tech hits mass-market prices.
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But you'll miss out on the tax credits the early adopters all took, $7,500 tax credit currently. May actually end up costing you more if price isn't $7,500 less in the future.
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08-07-2018, 02:34 PM
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#227
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Thinks s/he gets paid by the post
Join Date: Jul 2009
Location: Miraflores,Peru
Posts: 1,992
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I think it was because EM has tweeted that he will take Tesla private at $420 per share. That is why the stock was halted today.
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08-07-2018, 02:55 PM
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#228
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Thinks s/he gets paid by the post
Join Date: Nov 2015
Posts: 2,692
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Quote:
Originally Posted by NYEXPAT
I think it was because EM has tweeted that he will take Tesla private at $420 per share. That is why the stock was halted today.
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If he truely was going to do that, hasn't he now opened himself up for SEC investigation?
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08-07-2018, 03:11 PM
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#229
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Thinks s/he gets paid by the post
Join Date: Feb 2013
Location: Toronto
Posts: 3,321
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Quote:
Originally Posted by Totoro
I can assure you that business strategy professionals have little useful to say about Tesla, Bitcoin or Apple.
They still miss their blackberry keyboards ..
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Hey I resemble that remark and I still miss my BlackBerry keyboard. My iPhone constantly puts an 'n' when I hit 'space'. And my fingers are just not that big.
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08-07-2018, 03:39 PM
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#230
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Thinks s/he gets paid by the post
Join Date: May 2014
Location: Utrecht
Posts: 2,650
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Quote:
Originally Posted by bobandsherry
If he truely was going to do that, hasn't he now opened himself up for SEC investigation?
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Don't think so. The stock was halted for a moment because it wasn't clear if his twitter was a formal announcement. Restarted when it was posted on the Tesla blog.
He says he's considering it and will ask for shareholder approval, not that he will do it.
https://www.tesla.com/blog/taking-Tesla-private
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This proposal to go private would ultimately be finalized through a vote of our shareholders. If the process ends the way I expect it will, a private Tesla would ultimately be an enormous opportunity for all of us. Either way, the future is very bright and we’ll keep fighting to achieve our mission.
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Note that it isn't a buyout offer, it's a delisting proposal.
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08-07-2018, 05:07 PM
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#231
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2005
Posts: 17,242
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I went to look to see if I could find out how much Elon owns... could not find..
But Kimbal Musk has sold $12 million worth of stock over the last couple of years..
A nice article on potential liability... https://finance.yahoo.com/news/tesla...193337579.html short sellers have been hurt with this tweet, so can sue if there was nothing behind it..
I would be surprised he could get private funding to take it private... I thought the valuation was insane before, but at $420 or so it is even worse.. I still do not see a return on that investment...
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08-07-2018, 05:25 PM
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#232
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Moderator Emeritus
Join Date: Apr 2011
Location: Conroe, Texas
Posts: 18,731
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Quote:
Originally Posted by Texas Proud
I went to look to see if I could find out how much Elon owns... could not find..
But Kimbal Musk has sold $12 million worth of stock over the last couple of years..
A nice article on potential liability... https://finance.yahoo.com/news/tesla...193337579.html short sellers have been hurt with this tweet, so can sue if there was nothing behind it..
I would be surprised he could get private funding to take it private... I thought the valuation was insane before, but at $420 or so it is even worse.. I still do not see a return on that investment... |
I read today that the really rich Saudi prince, or whatever he is, has accumulated another (?) $2 billion in Tesla stock. Now why would these guys want to load up on it, or even think about financing anything when they sell crude oil (LOL)?
Remember a couple of years ago Michael Dell took Dell private. Carl Ican was fighting it but lost.
__________________
*********Go Yankees!*********
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08-07-2018, 06:09 PM
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#233
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Thinks s/he gets paid by the post
Join Date: Nov 2015
Posts: 2,692
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Quote:
Originally Posted by Texas Proud
I went to look to see if I could find out how much Elon owns... could not find..
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The figure I heard on CNBC today was 20%.
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08-07-2018, 06:13 PM
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#234
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Thinks s/he gets paid by the post
Join Date: Nov 2015
Posts: 2,692
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Quote:
Originally Posted by aja8888
I read today that the really rich Saudi prince, or whatever he is, has accumulated another (?) $2 billion in Tesla stock. Now why would these guys want to load up on it, or even think about financing anything when they sell crude oil (LOL)? .
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So let's just play devil's advocate. If Saudi's got a controlling stake and basically killed Tesla off, you think that has more value than their investment? Maybe.... Not like something similar to this hasn't happened before.
Or could it be they see the future and want to get in on the ground floor? As electric gains more market they get to ride the hill up as oil use subsides, so a hedge bet more or less.
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08-07-2018, 07:17 PM
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#235
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Aug 2011
Location: West of the Mississippi
Posts: 17,264
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Quote:
Originally Posted by bobandsherry
So let's just play devil's advocate. If Saudi's got a controlling stake and basically killed Tesla off, you think that has more value than their investment? Maybe.... Not like something similar to this hasn't happened before.
Or could it be they see the future and want to get in on the ground floor? As electric gains more market they get to ride the hill up as oil use subsides, so a hedge bet more or less.
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If the Saudis wanted to supercharge interest in EVs killing off Tesla would be a great way to do it since it would be clear signal to everybody who does not live in an oil rich country that they need an alternative to petroleum based propulsion.
I think they are hedging their bets. Also, they have a lot of sunshine in Saudi Arabia, true? So there is a lot of solar power to charge their EVs.
Or maybe the short sellers did something to get the Saudi Royal Family mad at them?
__________________
Comparison is the thief of joy
The worst decisions are usually made in times of anger and impatience.
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08-07-2018, 09:14 PM
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#236
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2005
Posts: 17,242
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Quote:
Originally Posted by bobandsherry
So let's just play devil's advocate. If Saudi's got a controlling stake and basically killed Tesla off, you think that has more value than their investment? Maybe.... Not like something similar to this hasn't happened before.
Or could it be they see the future and want to get in on the ground floor? As electric gains more market they get to ride the hill up as oil use subsides, so a hedge bet more or less.
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But the other car companies are catching up to Tesla... looks like Tesla is selling about 40% of the EVs in the US... note: I am a bit surprised at the Model X as it was panned so much in the media... seems to be selling well...
The other thing is that this does not include hybrids which I think is selling much better than all electric.... but I cannot find a site showing these sales..
https://insideevs.com/monthly-plug-in-sales-scorecard/
BUT, it looks like US is only 20% of the worldwide sales... and I do not think Tesla has the market in the EU... so they are selling all those other makes... looks like Germany is the largest purchaser of cars which is probably BMWs...
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08-08-2018, 12:35 AM
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#237
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Recycles dryer sheets
Join Date: Nov 2017
Location: -
Posts: 220
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Interesting chart. I notice that the only car model that actually competes with the battery sizes of the Tesla models is the 2018 Chevy Bolt EV. They are the only ones having realistic cross-country ranges running on battery only.
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08-08-2018, 07:34 AM
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#238
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Thinks s/he gets paid by the post
Join Date: May 2014
Location: Utrecht
Posts: 2,650
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Quote:
Originally Posted by Texas Proud
BUT, it looks like US is only 20% of the worldwide sales... and I do not think Tesla has the market in the EU... so they are selling all those other makes... looks like Germany is the largest purchaser of cars which is probably BMWs...
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Tesla has the full EV market in Norway and The Netherlands (to a lesser extent), amongst a few other countries. It's mostly China where they are in the minority.
Nissan Leaf, Renault Zoe and Opel Ampera are the only other long distance alternatives in Europe, but they do have significant marketshare. BMW is somewhat behind in the race, but catching up.
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08-08-2018, 07:43 AM
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#239
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Thinks s/he gets paid by the post
Join Date: May 2014
Location: Utrecht
Posts: 2,650
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Quote:
Originally Posted by Cessna152
Interesting chart. I notice that the only car model that actually competes with the battery sizes of the Tesla models is the 2018 Chevy Bolt EV. They are the only ones having realistic cross-country ranges running on battery only.
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Nissan Leaf, and Renault Zoe also have larger battery options either already out, or coming in the next months.
2019 has Volkswagen and Kia right after that. Potentially the Porsche Taycan too (higher price range).
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08-08-2018, 08:37 AM
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#240
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Aug 2013
Location: Texas
Posts: 10,935
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Quote:
Originally Posted by Texas Proud
I
A nice article on potential liability... https://finance.yahoo.com/news/tesla...193337579.html short sellers have been hurt with this tweet, so can sue if there was nothing behind it..
I would be surprised he could get private funding to take it private... I thought the valuation was insane before, but at $420 or so it is even worse.. I still do not see a return on that investment... |
Why isn't the stock trading near his $420 number today after such a tweet instead of the mid $370's.  ? Maybe the market doesn't believe it.
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