Is $TSLA a buy here?

[Anonymous]

Tesla is one ketamine binge X rant away from Trump taking a 10% stake for the US government. Have fun getting juiced by both Elon and the feds.

[Anonymous]

Tesla is one ketamine binge X rant away from Trump taking a 10% stake for the US government. Have fun getting juiced by both Elon and the feds.

Trump doesn't have the leverage over Tesla that he had over US Steel and Intel. Both of those needed money and had problems. Tesla has plenty of money and Trump doesn't want anything to do with it anyway.

[Anonymous]

^ Intel, once a dominant chipmaker, has struggled to keep pace with rivals like Nvidia and AMD in the booming artificial intelligence (AI) chip market. The government investment was intended to provide a financial boost to the company.
The deal was negotiated after President Trump publicly called for the resignation of Intel CEO Lip-Bu Tan, citing alleged ties to Chinese firms. This pressure was a key factor in reaching the agreement.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Good, when this whole AI thing turns out to be the latest "meta verse" tech sector crap then Tesla will finally tank and EVs can move on from Musk.

Uh, AI is the real deal. Even if no further progress is made in the field, it has already been revolutionary.

This is nothing like when Zuck thought that people were going to shell out big bucks to buy prime real estate in an online Sim City-world like the metaverse, lol.

AI is probably useful, but everything it generates needs a human to review unless it’s really trivial. It fails in unexpected ways because it’s a “thinking” machine.

AI companies have not been charging the real costs they face, with enormous GPU farms, energy costs, etc.

And it’s somewhat become a commodity, people switch from OpenAi, to Anthropic, to Google products all the time.

Yeah it will be useful tech eventually, but at a much smaller scale and with specific uses, because of the cost. Unlike other software it basically doesn't scale because of the structure and costs. The reason everyone talks about it in the tech world is because they need to to drive VC money. Once the bottom falls out, that hype will stop.

[Anonymous]

Tesla is on a tear. For those of you who bought, congratulations. It is also now rated a "buy".

[Anonymous]

^ News about the megablock energy storage is good. Car sales down, but other parts of the company surging.

[Anonymous]

Anonymous wrote:
Tesla is on a tear. For those of you who bought, congratulations. It is also now rated a "buy".

Bought it long ago starting at $40. Too busy with Solana right now.

[Anonymous]

Anonymous wrote:
Tesla is on a tear. For those of you who bought, congratulations. It is also now rated a "buy".

Not really. From Matt Levine at Bloomberg

On Friday, Elon Musk spent about $1 billion to buy 2.57 million shares of stock in Tesla Inc., bringing his ownership of Tesla from 19.71% to 19.78%.[1] The purchases were disclosed today, and the stock went up: The stock closed at $395.94 per share on Friday, and at noon today it was trading at about $419.54. Why did the stock go up? Bloomberg’s Craig Trudell and Benjamin Stupples write:

The purchase amounts to a show of confidence in Tesla’s prospects after a challenging first half of the year in which vehicle sales slumped 13% worldwide. While Musk has talked up Tesla’s pursuit of robotaxis and humanoid robots, he’s also cautioned that the company could be in for “a few rough quarters” after the US phases out electric-car purchase incentives at the end of this month.

Sounds about right. Tesla’s shareholders like Musk; they think the company is worth more when it has his full(ish) attention and interest, and it’s worth less when he’s off doing other things. Tesla recently proposed giving Musk a $1 trillion pay package to keep him motivated over the next decade, and I suppose him buying $1 billion of stock with his own money sends a similar message. The message is “Tesla is still my favorite child,” or one of them anyway. So the stock went up about 6%.

So it seems fair to say that the stock went up more or less entirely because of Musk’s $1 billion purchase. And the stock-price increase makes Musk approximately $17 billion richer.[2] So Musk spent $1 billion to make himself $17 billion richer. Nice work if you can get it! A 1,600% one-day return on his money. What is the optimal size of this trade? Would he have made $34 billion if he’d invested $2 billion? Would he have made $15 billion if he’d invested $700 million? It seems plausible that $1 billion — the smallest 10-digit number — maximizes bang for his buck; anything less would be small but anything larger would be a waste.

One general point that I like to make around here is that this sort of trade is never as good as it looks. If you could spend $1 billion to make yourself $17 billion richer, and then cash out that $17 billion, that would be an amazing trade and you should do it all day long. But in practice, if buying $1 billion of stock makes your stock go up by $17 billion, then selling that $17 billion of stock will make your stock go down by much more. (Though: If Musk files a disclosure tomorrow saying that he sold $17 billion of stock today, I’ll be impressed.)

[Anonymous]

Just made over 100k between Friday and today on Tesla options. Rest Brother Musk, we have the watch now. See you in Valhalla.