Tesla: The Great Short

[silverc4s]

Originally Posted by Sooner or later

I read about that yesterday. What I read didn't say they wanted to buy them only that they had the money and they could add value with their resources.

Value Add: That would be the intimate knowledge of half the human beings on earth>>

[pmax]

Originally Posted by silverc4s

Rumor this AM that Alphabet wants to buy Tesla for 1500 / share.

Ha ha, wasn't that last week's rumor ?

[speeder]

Well, if you look back to the beginning of the thread, I predicted that someone big would acquire Tesla at some point and you will want to be holding their stock. I still believe this.

[speeder]

The real question is did anyone buy Sprint? It doubled in the last 24 hours.

Speaking of acquisitions.

[epbrown]

Originally Posted by trader220

lol

By "fairly soon" I'm not saying tomorrow, but to me it seems like pretty much a lock that at some point in the future it'll be up there around ~$2000. Someone buying it at $750 will see a profit eventually. Like Wood at ARK, I'd say by 2025.

There's a 2017 video on Youtube with Ron Baron saying Tesla could hit $1000 by 2020; the comments over the years are fun to read.

https://youtu.be/rXqu2b2D_XM

[RWebb]

If this thread had been posted in the '80s it would be titled "The Great Snort"

[Sooner or later]

Looks like they are going to issue about 2 billion in new stock.

[island911]

Giga-Tulip factory

[RWebb]

Did you all miss the news on the subpoena?

[Sooner or later]

I read about it but it is a nuttin burger until we know some details.

[sammyg2]

In other news ......

Snapshot: MEDS
TRXADE GROUP INC
6.58
Up 5.08 (338.67 %)
AS OF 3:38:28PM ET 02/13/2020

woulds coulda shoulda

[trader220]

Originally Posted by epbrown

By "fairly soon" I'm not saying tomorrow, but to me it seems like pretty much a lock that at some point in the future it'll be up there around ~$2000. Someone buying it at $750 will see a profit eventually. Like Wood at ARK, I'd say by 2025.



https://youtu.be/rXqu2b2D_XM

$2000 based on what?

They announced a 2 billion issue today. Which means getting to $2000 is going to be a whole lot harder.

The point I was making also was about market cap vs. stock price.

AMZN has a market cap over over 1 trillion dollars.... TSLA is so far from that its not worth comparing the two.

[trader220]

Originally Posted by speeder

Well, if you look back to the beginning of the thread, I predicted that someone big would acquire Tesla at some point and you will want to be holding their stock. I still believe this.

Take a look at Elon Musk and his ego, do you think he's going to sell the company anytime soon.

There was a rumor the other day about Google having interest in TSLA. That got shut down faster than you can say BOO.

The untapped beauty in TSLA is their data acquisition. The more people who drive a TSLA the more they know about the driver and others, the more they will be able to sell targeted adds. Don't forget your TSLA car is monitored by TSLA 24/7 and they collect every piece of data they can think of.

[Sooner or later]

I saw a Tesla X at Chick Fil A. White.

[Shaun @ Tru6]

Originally Posted by trader220

Take a look at Elon Musk and his ego, do you think he's going to sell the company anytime soon.

I think that if something big were happening, or going to happen, with SpaceX, I could see him selling Tesla.

William Gerstenmaier joins SpaceX, and that’s a really big deal

[Sooner or later]

Originally Posted by Shaun @ Tru6

I think that if something big were happening, or going to happen, with SpaceX, I could see him selling Tesla.

William Gerstenmaier joins SpaceX, and that’s a really big deal

Sell? He has the possiblity of making over 50 BILLION dollars in stock options over the next ten years if Tesla hits certain market cap targets. He is within months of getting a 350 million option on a 100 billion market cap target.

[sammyg2]

Originally Posted by trader220

Take a look at Elon Musk ......

LOL OK .....




Why do I gotta be that guy?
I dunno.

[Shaun @ Tru6]

Oh, I didn't realize that was guaranteed and no other car companies were entering the electric car market.

It's funny to say this but $50 billion is probably "pocket change" in the developing space race.

And I didn't say when he'd sell it. But people like Musk are always looking at the bigger picture. Electric cars are pretty small compared to space.

[RWebb]

but only a part of Tesla is Electric cars - the whole thing is the synergy of EVs/PV installations/storage

IF it works out, he will revolutionize the entire energy sector - $50 Bill would then be chump change.

Besides, he needs a hobby - some guys cannot retire*, esp. when young



* and yes, you know who you are...

[john70t]

Cut down a forest to build a factory:
https://www.zerohedge.com/technology/german-court-rules-tesla-must-stop-cutting-down-local-forest-make-room-its-gigafactory

The company can remotely alter driveable range and disable features on the car you bought and have ownership of:
https://www.techdirt.com/articles/20200208/16162043884/end-ownership-tesla-software-updates-giveth-tesla-software-updates-taketh-away.shtml

There have been numerous crashes which shouldn't have happened:
https://www.zerohedge.com/technology/3-people-critical-salt-lake-city-after-tesla-runs-red-light-smashes-car-high-rate-speed
https://www.zerohedge.com/technology/watch-smart-summoned-tesla-drives-down-wrong-side-road-mall-parking-lot
https://www.rt.com/usa/416715-tesla-crash-truck-autopilot/

But the Police, NTSB, and NHTSA can't access black box data to find out what caused them:
(compare that to previous treatment of Toyota)
https://www.zerohedge.com/technology/teslas-black-boxes-are-only-accessible-company-not-ntsb-or-nhtsa-after-crashes