Bought 8 more at \~$125

It seems like a bunch of people on here and other threads have an investment strategy based solely on: * How many shares the CEO of a company holds * What the current value and recent price movement of the company's stock is. Stock go up = this is a good business, stock go down = this company is bad. * Nothing else So now they're panicking about Tesla and it is absolutely hilarious. Are these people real or what?

C A P I T U L A T I O N All time high volume on Thursday without Elon selling. While the past couple of months have been beyond frustrating for shareholders, those that have the balz and the cash to invest in Tesla now are going to earn generational wealth over the next few years. The fact that this thread is currently overwhelmed by whining and complaining (not unjustified by the way because the losses hurt) doesn't change the fact that Tesla as a company is moving ahead at break neck speed and performing brilliantly. I expect Tesla earnings for 2026 will be $25 to $30 per share. The share price three years from now (end of 2025) will reflect the 2026 earnings estimate. So, apply the P/E multiple that you think will be appropriate three years from now. Elon has created distrust on the street that may take a long time to recover, but with Tesla's growth rate, the multiple will easily be 30x or higher. Please note that my earnings estimates DON'T include battery storage which Tesla expects will eventually match the earnings of its auto division. With all the noise these days, nobody is accounting for super charger or insurance earnings. It has sucked to be a Tesla shareholder these past few months, but nothing has changed at the company other than the fact that we could be facing weakening demand for a few months. That happens in every business cycle and the precipitous drop in Tesla's share price more than compensates for any demand concerns. Other auto makers will be raising prices because they have to while I expect Tesla to hold the line on prices in America at least. The current rebates and sales that Tesla has been conducting for a few days to clear out its small inventory (by industry standards) is miniscule in comparison to what auto makers have been doing for the past 40 years. We are seeing Tesla sales in other markets hitting all time highs and governments everywhere are supporting EV sales with incentives. If an economic hard landing is coming, governments will be doing whatever they can to stimulate their economies and everyone loves a handout, especially for politically correct products. With the impending $3000 battery incentive in the USA, Tesla has responded rapidly and effectively to maximize the win. Tesla is also constantly lowering costs. When you couple those factors with its industry leading margins (by a factor of 300% to 400% over its competitors), Tesla has an incredible advantage heading into any kind of economic headwind. If Telsa's margins dip as Elon forecast today, imagine how screwed its competitors will be. That is why Adam Jones of Morgan Stanley is questioning whether the EV industry will blink in 2023. Maybe they will and maybe they won't but one way or another, Tesla has the accelerator pushed to the mat. Let the down votes begin which is ok with me. People are butt hurt and want to vent. However, in the back of their minds, they know everything above is true.

>ings. > >It has sucked to be a Tesla shareholder these past few months, but nothing has changed at the company other than the fact that we could be facing weakening demand for a few months. That happens in every business cycle and the precip A lot of brigaders here as well with no post history in this sub / completely fresh accounts. And a lot of shadow downvotes. Check my post history to see.

Yep I've checked most of the whiners' accounts and they're nobodies.

TSLA is still a $400B company. No one is going to earn "generational" wealth from TSLA in the next few years. You've already seen what the bubble topped at. The big gains in TSLA are long gone.

I respectfully disagree. I have a little under 10,000 shares and plan to add another 3,000 (maybe today). If Elon is right, and I think he is, the big gains for Tesla are far from over if Tesla is going to be a $3 Trillion company in 5 years. I think those 13,000 shares at $1,000 will take care of my kids and grand kids.

You are already living good. Do you really want to invest in tesla and hope for the 6x gain in 5 years. You could easily lose 50 percent or maybe stock don't grow. The bear market is very unpredictable. It could take 7 years to go back all time high. We are still in a bear market. Why not sell those 10000 shares and like Elon say the bank CD give you free 5 percent without any risk.

>level 4sunflame06 · 9 min. agoYou are already living good. Do you really want to invest in tesla and hope for the 6x gain in 5 years. You could easily lose 50 percent or maybe stock don't grow. The bear market is very unpredictable. It could take 7 years to go back all time high. We are still in a bear market. Why not sell those 10000 shares and like Elon say the bank CD give you free 5 percent without any risk. Bruh Tesla has a lower PE ratio than Costco and Chipotle right now despite having 40-50% annual growth, 30% margins, a 15% gross margin impact coming next year from the IRA, 5+ year lead in real engineering tech ahead of all its competitors, $60 million in debt vs. $20 BILLION in cash, and unlimited demand for energy storage. This isn't a story stock anymore, the numbers paint a brain dead obvious case to riches here. ​ If you can't see that, then honestly you don't deserve the generational wealth this company is going to give shareholders by 2030.

the problem with p/e ratios is "e" can go down quite a lot, and the market could contract multiples down until tesla is 15 trailing p/e if future growth gets discounted enough.

Once their mind is set there no changing their mind. We tried buddy. Nobody can predict the future... one thing for sure is this year tesla has unbelievable numbers but somehow their stock is down 50 percent from last year. People like to blame on Elon and twitter but I think the stock market isn't full of idiots. Earning is not a fix number that only go up in a straight line. From the beginning of the years to the annual shareholder meeting, Elon say no demand issue no demand issue. Only production issue. Tesla dont give people $7500 off because there are no demand issue. Actually tesla don't give any shit for free. You have a snapshot of 1 year of tesla Earning which is also but you can't and nobody can predict next year Earning. Earning is based on demand and demand is lower right now. That's 100% the truth.

RemindMe! 1 year

My port is 50% TSLA shares and 50% spy puts The thesis is TSLA is oversold and SPY has room to drop from AAPL and MSFT

You could be right but still probably lose money on those pits because IV is high

>Remember me when you're wealthier than Warren Buffett

I think the biggest reason for the fall is that fundamentally TSLA gets treated as a car company and not as tech anymore. Many institutions are out already. The Twitter bs is taking away the “Musk“ effect. That leaves makro risk, demand risk, risk of overcapacity, risk in the Model line up (Tesla could sell 5 million cars but needs something closer to 20 models than 4) , risk of FSD lawsuit, risk of execution due to distractions (robot lmao), energy is low margin busines, especially solar, no one earns money in solar. And of course risk in Q/C and service availability. Those risks or unknowns could be priced positive but also quite negative- a lot of issues where Tesla needs to invest and that will bring margins in line with the rest of the Automakers.

Elon dumping billions means the stock will be ~20% lower 30+ days later. Except this time he did it near historical support levels... so when the stock fell that far, institutional algos kicked in and they exited too, driving it even lower. I'm not sure Wall Street subscribes to the 'Musk' effect - he was quiet/normal a year+ ago, and he even skipped the Q3 2021 earnings call.. and the market forgot how much they distrusted him and the stock zoomed from 800 to 1243... so he stepped in to inject FUD (fear uncertainity doubt) with his tax poll the next day before it zoomed to 1300 or 1400. I pretty much count on Elon getting things backwards - he massively overpaid for a shitty social media company he did zero due diligence on... he told you to buy the dip above $300 and then dumped billions the next day... and this was months after he had a 'super bad feeling' and laid off workers... so... if Elon now has concerns then that just increased the odds for a face-ripper mini-rally sometime in the next 1-6 weeks.

Elon is a lot of things you say but he isn't an idiot. He doesn't sell this much stock at this low of price without a reason. You are not smarter than Elon Musk. He knows his company and his competitors better than you.

Yes, he knows more - he knows where their Q4 results are likely to be, and last week was his last chance to sell/get-out before the results come out in Jan and the earnings call in late Jan.

Rough day so cheer yourselves up with one of the bigger EV YouTubers documenting non Tesla charging stations are down due to the cold while Teslas are humming along fine. https://twitter.com/itskyleconner/status/1606121821903802368?t=e1pK_uDzc5g-cExWXyHm9A&s=19 https://www.youtube.com/watch?v=fq0RAjJ1PKQ

Why do EV drivers need to post their supercharger experience... is it some kind of smug alert. ICE drivers don't post pictures of them filling up gas. Oh maybe the EV drivers have too much time waiting for their car to charge. I'm a toyota hybrid driver

Why are you in an EV investing subreddit?

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Only idiots refuse to change their minds. lol

People need to remember narcissists also tend to be habitual liars. And this isn’t the first topic that he lied on.

There's as many comments here as when we used to have consecutive +8% days.

when were those days, again?

In the Before Times.

Happy Earl brought up the situation with Elon alienating customers but feel he understandably dwelled on his personal situation more than I would have liked which annoyed musk. Instead of it being about offending liberals I wish it would have been presented as "listen dude, we are losing customers with your primary customer base. What you are doing is bad for business." Instead of it being about hurting business it was about feels and that's just feeding into elons beast instead of getting to the problem. $$$$ Instead we got some beating around the bush bullshit from Ross and even Earl tried to be sympathetic for Elon. Still mad respect for going there Earl but we really needed like a Gary to lay in hard on this stuff.

What Elon said earlier is that demand is weakening across the board. It's one thing if demand is weakening in blue states more than red states, or even in the US more than worldwide, but that isn't what's happening. This is rates going up across the world, increasing the monthly payment for a product that is most often bought with debt. At the same time, rates going up increases the discount rate on a company that is heavily reliant on future growth, hammering it two ways. There isn't another company that is positioned quite like Tesla, selling a product reliant on debt and is a growth stock. This is a big reason why it is getting whacked so hard. Elon is seeing this which is why he doesn't believe his newfound conservatism is demonstrably hurting the stock. I do think that Elon's selling has hit Tesla by a few percentage points here and there, that's definitely his fault. People choosing not to buy Tesla based on Elon's tweets are understandably very vocal about it (they have to be in order for it to have any impact), but generally very few and far between. Tesla will still sell north of 400K cars this quarter and set a record, despite (or maybe because?) conservative Elon (BTW, I hate conservative Elon). Twitter and Reddit are little bubbles of Elon hate - no one who touches grass cares AFAIK.

Twitter is a world wide website. His tweets are seen worldwide. Of course it won't just affect demand in the US.

Completely disagree with your end statement that Twitter and Reddit are bubbles. There's plenty of polling data now outside of reddit and Twitter where we can see the major hit the brand has taken. This topic has been beaten to death. Im not gonna post a bunch of links and argue with you at this point. Plenty of more qualified people than either of us have serious concerns. Do I think it's the leading cause of demand drop? Of course not. I totally agree that it's the rates that have caused the main issue but mainstream media has had Elon on the front page for the past 3 months every damn week if not day saying negative things about him bc quite frankly he feeds the fire

https://markets.businessinsider.com/news/stocks/elon-musk-twitter-takeover-tesla-stock-outlook-t3-scott-redler-2022-12 Buy the stonk

What’s bottom for tsla? Is it going under $100?

No one knows Planning a long-term entry, short-term trade, or getting nervous about what you are already holding? Long-term entry: watch the daily/weekly charts for when it refuses to fall further repeatedly. Will probably happen in the next 1-6 months. MACD on the daily chart helped signal the July/August rally but I was dumb and wasn't watching it (I happened to do some good long trades by dumb luck). Shorter-term trading: 1 hour chart / MACD has been useful on TSLA in 2022. Probably some type of mini-rally in 1-6 weeks, with more pain after, is my guess. Nervous but already holding for the long-term: dabble in shorter-term puts or buying an inverse TSLA fund -- I bought 1 whole share of TSLS today... should have bought it a week ago when I bought puts.

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I’m not making a prediction but this really high volume could be capitulation which means the bottom is close. I haven’t looked at the breakdown of volume across the day but I wouldn’t be surprised if there was seller exhaustion and we begin a slow climb up from here. The wildcard is musk. He needs to go. Yesterday.

You do realize there has been no "capitulation" in the market in general though, right? SP500 isn't even down that much with a potentially very bad recession looming.

Yes, and?

Tesla will trade with the market. Doesn't matter if it looks like capitulation from Tesla now. If market tanks, Tesla will tank further with it. It will not buck the trend of the market to the upside.

Capitulation is far outstripping market losses. That’s what I’m referring to.

Temporary bottom

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We all know that’s not going to happen. Board is toothless and have shown they are happy to just let him have his way. Everyone knows he’s a habitual liar - even the AH pump was barely there.

Prob test the as low as 30 then go back to 180 from hype. Then die back down again while we all commiserate for years to come

melodic lush knee innocent cats sugar voracious gullible innate nail ` this message was mass deleted/edited with redact.dev `

Yes, but I expect a bounce given we are so oversold, honestly crazy rare to see a stock this big with this low of an RSI…very rare

Depends on 4th quarter results and 2023 guidance also he hasn’t supported extremist view points yet on Twitter so I think it might actually hold up.

Dude, he has straight up said extremist conspiracy theory shit.

lol the scam pump already nearly gone AH

Not surprising, he’s lied one too many times for anyone to buy his snake oil.

What did I miss?

Elon talking about the stock on twit

Of course the news he promised not to sell anymore breaks out hours after I dumped all my stocks 😂 So lucky

fuck /u/spez

Lol I don't buy it too but it may pump the price a little

If it helps, he was lying...just like all the times he has lied about "not selling for X amount of time" before. It has been worth only 2-3% gains so far...his lies have diminishing returns. Tomorrow he will demand that the omnibus budget bill (and all its lavish SpaceX and EV funding) gets voted down, just to get himself a pat on the head from Ian Miles Cheong, and those gains will be erased.

he only said once that he wouldnt sell

One lie once makes a liar.

once that he had no more sales *planned* https://twitter.com/elonmusk/status/1519850299757846530

yes, he lied once

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Yeah... don't believe him either

So, you made the right decision to sell then. It could have been news towards the other direction. Bye now.

Yup, as I said before I may buy it back if the stock keeps falling so... see you soon?

That's the thing...TSLA is going to go lower, Elon is basically screaming that at people through his words and actions...and yet they are still DCA-ing?! It's bizarre cult behavior. Just wait for it to get at *least* sub-100 like it is gonna do for sure, and start DCA-ing there? You can DCA in bulk at $99 (if you trust Elon and value Tesla long-term) and get more shares than pretending you're being "smart" and buying a ton on the way *down* to $99... I think it'll go down to $70-85 next year, but $99 would maybe be a good 5-year value buy long-term?

Yep I put 4 limit orders almost 3 months ago between $112.50-$150 The first two triggered on Friday & Tuesday. I pulled the plug on the other two based on all of this and will put limit orders in if it goes somewhere under $100. How far under I place them will depend solely on Q4 results and will have nothing to do with what Elon says.

That's timing the market, not DCAing.

Then DCA'ing is just subsidizing people who are smarter than you.

Ok, bye for now!

I am overseas where the local regulations do not allow margin on Nasdaq shares. I was super annoyed at this restriction about 2 years ago. Today showed this actually saved me from a destruction of my own making. PTL 🙏🏼

> local regulations do not allow margin on Nasdaq shares. Regulation is bad, right ? lol

What can go up 8.88% in a day can go down 8.88% in a day . . .

Yes. Went through that in the dotcom bubble collapse. Thankfully I did not have to re-learn that the hard way, in the euphoria of ‘this time it’s different’ prolonged bull run w zero interest rate and unprecedented money printer going ‘brrr’. Play w money you can afford to lose is good advice whether at a casino or the stock market. And if the dealer handing out the cards is Elon, brace for impact. 😅🚀💥

Felonius Muskrat should step down and let Earl be the CEO. Stonks will explode!

Earl 40 Belefonte?

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Earl and Ross brought this up somewhat

The blood is officially in the streets… I’m going to divert my attention to other things for a while and check back in a couple of years. All the best, every one.

How low can this go by Dec 30th? Margin call is asking…

Man, even Elon said don't use margin. Deleverage as much as you can.

Give me a number!

Thanks Elon for the 2 percent bump

What he said?

Something buyback, something recession, something about no selling stock for the 3rd or 4th time

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He really means it this time, though. Pinkie swear.

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He sleeps sometimes too

oh right...

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1D -9% 5D -21% 1M -30% 6M - 47% YTD -69% I've never ridden anything down like this but thus far don't see what the big fuss is. Guess I'll learn when 4Q numbers are out!

69? Nice!

There is still a lot of room to come down. Toyota, Volkswagen, BMW, Mercedez, and Ford are still way ahead of earnings but Tesla is still valued 2-5x more in market cap.

Some of those companies actually have negative value. Go look at Opel. GM had to actually pay money to the french so they could sell to them.

Those companies have debt, those companies don't grow, Tesla is already more profitable, almost all have been bankrupt prior, EVs will expand in the future growth from Tesla is almost inevitable due to that fact alone let alone all the companies good decision-making. Those companies also pay dividends so you're not factoring that in that's how you benefit from being a shareholder in those companies. Also Tesla has their hands in potential trillion dollar industries (energy/megapack, vehicle autonomy (software)) that's not even factored in by really anybody or any analyst. Furthermore, Tesla is fast approaching their forward PE levels anyways especially when you factor in that they have dividends. Tesla can absolutely come down a lot more in a recession... and those companies will all be bankrupt and hoping for a bailout.

VW booked $17B income to shareholders in the TTM, while TSLA was at $11B I think Tesla will be selling 4M cars in 2025, 3X up from today. Will VW be selling 3X more cars in 2025? As for BMW and Mercedes, they're getting their clocks cleaned by Tesla. https://cleantechnica.com/2022/08/29/tesla-is-2nd-highest-selling-auto-brand-in-california/ Ford is at 4M now and only booked $9B income to shareholders in the TTM. Their problem is they have to split so much net income with the dealership network; Tesla doesn't have this issue. Toyota doesn't want to make BEVs so I don't see why they're in this discussion.

>VW booked $17B income to shareholders in the TTM, while TSLA was at $11B > >I think Tesla will be selling 4M cars in 2025, 3X up from today. So why is TSLA worth 6 times more than VW today? That's just a projection - If that happens today, then TSLA's current valuation is already priced.

https://www.investopedia.com/terms/p/pegratio.asp

If you can't find or load the twitter space, try this: ​ https://www.youtube.com/watch?v=S3QmwJu5kck

Poor Rob. Pointed out that Tesla is not only net debt free, but that the debt is extremely low (like 60 million) and cash position extremely high (21B+) and got shot down by some idiot saying it is the same. No it is not you tool. Having 10B in debt and 10.0001B in cash is net debt free, but not the same as 60 mil vs 21 billion. Then the conversation went to some boomer that discovered Tesla today, asking what car he should buy. Sigh.

Same, appreciated your comment Rob if you see this!

I heard that lol I was like wtf

Lol @ that conservative guy who just talked in the spaces said he was ordering a Tesla and buying the stock after the Twitter Spaces discussion.

That was grant Cardone lmao

Hey it made me laugh after such a painful day :D

I rolled my eyes so hard listening to that dude.

What’s more important? Volume or margin?

Volume scales. Profit margins don't. In a big, new market, volume all the way. In a mature market then you want profits over volume

Do you want 50 percent margin on 100 dollars or 25 percent margin on a 1,000 dollars?

BEVs come with network effects so gotta be volume. $10B less on the balance sheet is only worth ~$3 per share.

Margin if it's proven to be scalable

I prefer scale if its proven to be highly profitable

So, margin and volume. I get it :)

Maybe unpopular opinion, and people can feel free to argue against but; In short term (1-2 years) with Tesla's mix as it is, S3XY, margin is more important, especially since 35k Model 3 dream is dead. Volume in longer term with the 25k model.

Thinking long-term, high margin is bad for the brand. When they boast about 30% gross and 15% net, it makes consumers think they are over-paying. Higher volume at lower margin (=same profits) makes better brand perception and serves the mission as well.

Volume. Think of Tesla as a services company, not a car company.

They're now talking about the negative interpretation of Elon not selling anymore + BoD not pulling trigger on buyback. Meaning more pain ahead in 1H 2023.

It was a perfect answer from Elon. People can’t be dumb to the point to not see that it was great ? He is not selling for at least 18months. He will vote FOR buybacks. But need a lot of a time to calibrate the amount and when, looking at how the recession will go.

If he didnt keep his word promising not to sell the past 2-3 instances, why should investors believe him this time? Sounds like desperation

Don’t believe if you don’t. No one force you. But at some point you will have to make a decision for what you want to do

Care to update the figures you listed in this comment? https://www.reddit.com/r/teslainvestorsclub/comments/xw3dc0/comment/ir5mdq5/?context=3

😂 bro is really tryna dig up dirt from last year who wasn’t bullish during meme season.

But it is still "meme season" for that guy, apparently.

You can do it

That bad for you, huh?

How is it bad for me ? What’s your point ? Not because something was true in the past that it is true now because something happened. 🤦‍♂️ another clown

This is you: >They just double their target. Their last PT is now their bear case 😂🚀 > >And woaw they still don’t include Energy and Solar in their PT ... you know what this mean for the futur 🚀

Speak again in end of 2025

Nitzao and that beyondquality idiot are delusional that give normal bulls a bad name

Should ask them to let you speak up in the Twitter spaces with the TSLA influencers.

My English skill is not the best haha. Better not 😅

Hey Nitzao, I know you love to discuss stocks without the noise, if you want, join us at r/Tesla_Charts Your content and info is way above of most people whining here, this place doesn’t care any more for anything other than stock price is low

People are whiners because all the bears are coming to scare everyone. They will get reckted. And no sorry I’m here and on twitter. Hard to be on multiple subreddits

You prob sound as good as Pierre Ferragu 

Haha he is a bit better but yes 😅

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Believe what you want. Do your own DD and invest accordingly

This you? https://www.reddit.com/r/teslainvestorsclub/comments/m8xgvf/arks\_price\_target\_for\_tesla\_in\_2025\_is\_3000\_per/

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Chill a lot please, Nitzao.

Perhaps not my place to comment, nor do I have a horse in the race, nor do I care about Nitzao, but why is Nitzao getting your "chill" feedback, when the other guy started with the ad hominems first, who is also by their comment history just an elon basher?

No, because in the comments you posted a comical rocket emoji with some "let's fucking go" fluffery...because you sold that nonsense to others.

Lol ok … i have sold that. Ridiculous statement. But just that we are living in the same reality please ? Are we in 2022 or 2025 ?

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RemindMe! 18 months

Ok, don’t believe, so now what are you going to do ?

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Fine

Don't ignore that Elon lies please

Will see for this one. I am not gonna force you to believe lol

5 billion in margin calls today. holy jesus.

Link?

info dropped from the spaces call.

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I jumped up 3% because of the spaces lol.

Let's be real - it'll be gone by open

It’s gone already!

Any sort of rip will be shorted or be used to cut loss

That’s a Google glitch.

Listening to the call that had Elon on still. So glad Gary is calling bullshit on what Elon is spewing, blaming TSLA going down on FED.

Elon practicing placing blame and had lighting, like a true conservative

I think Gary is wrong and Elon is right. Tesla is the potential biggest loser in a recession getting hit on multiple sides as a growth stock/tech stock/company and an auto company especially when you consider it was already overpriced at points this year and trading at insane multiples. To believe Gary's thesis you have to believe that Elon's tweets/twitter drama is putting the growth in jeophardy (tweets cannot make something go from 50% growth to 20% or below) more than the potential recession in the future.

Tesla is crashing much more than any other 'tech' stock. Because it is the only one where insiders dump billions every 2-3 months. The stock is where it is because Elon continues to be a paper handed bitch, not because of the Fed.

Not really the tech stocks went down earlier this year. A lot of them are down 60-70% over this year. Furthermore, Tesla price is prefaced on very high growth other tech companies more established. Tesla currently growing more than those companies but severe recession could hurt growth substantially. It's also in the auto industry which is going to be one of the worst sectors during a recession. High-interest rates, used car bubble, prices will have to drop massively, etc.

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> It's disingenuous to call it a tech stock when Mercedes beat Tesla and now has the world's first certified level 3 driving car. It's traded as a growth stock even by instutional investors. Have fun making a lot of money then if that's your synopsis. You should have heavy short positions then (not like many people got burned with this same simplistic synopsis) and be shorting till its $7 or whatever the other legacy auto companies are at. It's not hard it's a growth/tech stock that's also an auto company. In the same way that Apple is only a "phone company." > Tesla has failed to innovate in any way shape or form for the last 5 years while the rest of the EV market has caught up. For crying out loud they don't even make their own batteries. Tesla has good competition in China in no shape or form has any of their US competitors "caught" up whatsoever. All those trash companies like Lucid, Rivian, etc got massive overpriced stock evaluations just because they were EVs and traditional auto companies are not jumping fast enough on board. And even BYD is mostly about price point. Tesla doesn't have a car at that price point. If you want the best EV you still buy Tesla hands down. > It's disingenuous to call it a tech stock when Mercedes beat Tesla and now has the world's first certified level 3 driving car. Yeah with tons of restrictions like no rain, under 35 mph, no night time driving and so on. But go off I guess. Keep thinking it's superior tech when it seems like Tesla might be getting pretty close to lvl 3 autonomy that doesn't have all the insane restrictions lol. At least from reports from those who use it now and driving with 0 takeovers.

While it might be true TSLA would have dropped anyways these 2 months, but his $3.5B sale definitely had the largest impact. His excuse is basically saying, TSLA was gonna get this low anyways. I'm just taking profit ahead of everyone else before I get margin called.

I wish Rob Maurer and Gary black got to ask Elon a question, Rob Maurer didn't raise his hand for some reason but maybe it's because he likes to prepare a lot beforehand before asking a question

God the sycophancy in this 'Space'... only caught the tail end but excruciating listening.

Most of it is Whole Mars

V11 "before end of year" - Musk just now. Lets see...

he just said stormy weather ahead, but sunshine after. Sooooo...........

after listening to this spaces call..will i buy tesla tomorrow? no will i buy tesla when all the dust settles and it's at 80 bucks a share? FUCK YES. elon basically warned us himself that tesla is not profitable next year, so as someone who sold and sitting on the sidelines i will wait till after the carnage from Q1/Q2 earnings, and after Jpow tanks this economy to the ground.

Lol ridiculous. We don’t hear the same thing you and me.

>elon basically warned us himself that tesla is not profitable next year if that is his real opinion where is the profit warning filed with the SEC? such statements by a CEO should not be made in a "twitter space" between him and pals.

I know right? Imagine believing Elon would commit securities fraud smh my head

Solar city bail out to save his friends/fam yet still lower solar revenues 7 years later, funding secured, pump and dump post earnings call, and many other times elon should have had a judgement against him

Lol he actually said Tesla won't be profitable next year?

No, I think it was more like he said in a bad recession they can either compromise growth or compromise profit to a certain degree. And he would prioritize getting growth and getting to that 50% level even if it compromises profits to a certain degree. He has a belief in the autonomy side of the business so even if they compromise margins they can reclaim those in the future with FSD. So basically in a recession that's going to impact auto heavily Tesla may grow at a great rate (40-50%), but profits may not grow that much at all.

basically implied. he said he's choosing scaling up deliveries, but at the cost of discounts and profitability. long term, i think tesla is trying to be services company like Apple.

Do you have a link? I mean there is huge difference between cutting profit to 0 and cutting some to sell >2m cars. Currently margins are huge, 7.5k tax credit incoming and COGS are shrinking.

That would be extremely sad.