Tesla 2020

virtusa said:
If there are not enough batteries, the solution is simple: don't ban ICE engines.
That will also solve the problem of national security.

I don't believe only EV's will be allowed in the near future, and the target date of 2030 will never be respected.
There are already areas in Europe where they have now already problems as the network cannot transport enough electricity. There are 28 million cars to be replaced. If they have to load only 50Kw every 2 days, the network has to transport 700 million Kw per day extra, on top of what they cannot transport already today. And most will charge after work causing a huge spike.
I have a friend who works in one of the biggest battery recycling companies in the world, this company also produces the raw materials needed to build batteries. There is now already a shortage. The production is already sold before they are produced.
They will have to build batteries with other raw materials then the actual ones.
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I think you don't grasp the directives that are being implemented. The UK is already talking about moving the deadline to EV only sales by 10 years. I expect other nations will do the same, in Europe and possibly Asia.
The switch has been decided and supply problems will be addressed when they occur.
There's no question that electricity supply will come from polluting industries for the foreseeable future, until alternatives are found. But pollution from ICE vehicles will be eliminated and such vehicles will be rare in as little as 20 years.
 
Another proof that Tesla isn't just a car manufacturer:

Tesla (TSLA) is apparently inching closer to a deal to build a battery factory in Indonesia, as the country’s top officials say they are going to meet with Tesla executives next week. Last month, we reported on Tesla allegedly being in talks with the Indonesian government to build a new nickel ve...

View the article.
https://flip.it/Hjy0W-
 
If any doubts about the transition from ICE to EV:

Volkswagen, which had already committed to spending billions and billions on electric car development, said Friday that it planned to spend billions and billions more. Volkswagen Group said it would spend 73 billion euros (around $86 billion) — or …

View the article.
https://flip.it/wLVfFG
 
I love those technical moves in stocks. Totally technical in nature. News about them being added to the SP soon did not move this stock at all. It was all some indicator.

teslaspike.JPG
 
Everyone knows by now that Tesla has been accepted to the S&P 500 on December 21.

Some time ago I ranted on another thread about Musk's $5B slush fund, which I believed would be used to manipulate and flatten the share price after having been dissed by the S&P. My reasoning was that rejection was due to the volatility of the stock and institutional managers' unwillingness to buy at inflated value.
I believed a deal was worked out whereas if Tsla could manage to control the share price within a tight bracket for x number of months to allow them to buy at a consistent price, they would revisit the inclusion.
I vociferiously complained that proof of my accusation has been Tsla share price constrained to a 410-430 range for the last months and I projected that Tesla would join the S&P before year end as a reward/consequence.
Tonight's announcement is a vindication. I realize my assertion is without proof, but I would not be surprised if that $5B has been diluted by now.
The good news is the share price will once again be free to swing and should spike on the inclusion, maybe beyond 500. That is, until traders realize that S&P institutional investors have already bought their required % of shares over the last 3 months. Price will drop, maybe sub 400 before recovering to around 450, but again free to swing
 
VicBee said:
Everyone knows by now that Tesla has been accepted to the S&P 500 on December 21.

Some time ago I ranted on another thread about Musk's $5B slush fund, which I believed would be used to manipulate and flatten the share price after having been dissed by the S&P. My reasoning was that rejection was due to the volatility of the stock and institutional managers' unwillingness to buy at inflated value.
I believed a deal was worked out whereas if Tsla could manage to control the share price within a tight bracket for x number of months to allow them to buy at a consistent price, they would revisit the inclusion.
I vociferiously complained that proof of my accusation has been Tsla share price constrained to a 410-430 range for the last months and I projected that Tesla would join the S&P before year end as a reward/consequence.
Tonight's announcement is a vindication. I realize my assertion is without proof, but I would not be surprised if that $5B has been diluted by now.
The good news is the share price will once again be free to swing and should spike on the inclusion, maybe beyond 500. That is, until traders realize that S&P institutional investors have already bought their required % of shares over the last 3 months. Price will drop, maybe sub 400 before recovering to around 450, but again free to swing
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I don't remember the posts your referring to, but if you did in fact portend this.... it was one hell of an insightful call on your part. Take a bow. You earned it.

And that last paragraph... that's pretty insightful too. If I could give two likes I would.
 
vanzandt said:
I don't remember the posts your referring to, but if you did in fact portend this.... it was one hell of an insightful call on your part. Take a bow. You earned it.

And that last paragraph... that's pretty insightful too. If I could give two likes I would.
More...

Actually posted on TMC back on Sept 16th:

" A recent event however did succeed in getting me pee'd off with Musk... The timing of the recent snub from the S&P committee and Tesla's sudden 5B stock sale were too coincidental for me to believe they were not tied. My assessment then was that Musk had made a deal with the Committee whereas he would use the money to cool off the market for a week, to allow fund managers to buy the required shares at sub 400. Low and behold, last week Tesla shares stayed below 400 and are surging this week.
Coincidence? I doubt it. It would have been no worse if Musk had simply handed the fund managers a commission as compensation for overheating the market and buying at well over 400.
Nevertheless, what is done is done. The consequence, if this turns out to be true, is that I expect the S&P Committee to announce Tesla's inclusion sometime in October."

So I was a month off..!. ;).
 
VicBee said:
Actually posted on TMC back on Sept 16th:

" A recent event however did succeed in getting me pee'd off with Musk... The timing of the recent snub from the S&P committee and Tesla's sudden 5B stock sale were too coincidental for me to believe they were not tied. My assessment then was that Musk had made a deal with the Committee whereas he would use the money to cool off the market for a week, to allow fund managers to buy the required shares at sub 400. Low and behold, last week Tesla shares stayed below 400 and are surging this week.
Coincidence? I doubt it. It would have been no worse if Musk had simply handed the fund managers a commission as compensation for overheating the market and buying at well over 400.
Nevertheless, what is done is done. The consequence, if this turns out to be true, is that I expect the S&P Committee to announce Tesla's inclusion sometime in October."

So I was a month off..!. ;).
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Impressive.
 
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