TESLA(TSLA)

"Rusty Vandura - www.tinyurl.com/keepoppo" (rustyvandura) 09/07/2018 at 11:38 • Filed to: None

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Is Elon going to crater his company? My $800 worth of Tesla stock was worth over $7000 last week...

ttyymmnn > Rusty Vandura - www.tinyurl.com/keepoppo 09/07/2018 at 11:45

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Shoulda cashed out!  Musk is too stoned to care about your paltry shares.

KingT- 60% of the time, it works every time > Rusty Vandura - www.tinyurl.com/keepoppo 09/07/2018 at 11:50

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At least you didn’t buy Ford Stock

https://seekingalpha.com/article/4203910-ford-value-trap-bleak-prospects

Rusty Vandura - www.tinyurl.com/keepoppo > ttyymmnn 09/07/2018 at 11:51

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I haven’t been watching the stock value but once every year or two.

I like cars: Jim Spanfeller is one ugly motherfucker > Rusty Vandura - www.tinyurl.com/keepoppo 09/07/2018 at 11:54

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Conspiracy theory: Musk is purposefully making bad PR decisions to drive the stock price lower and lower, all so he can take the company private again at the lowest cost.

ttyymmnn > Rusty Vandura - www.tinyurl.com/keepoppo 09/07/2018 at 11:54

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Ash78, voting early and often > Rusty Vandura - www.tinyurl.com/keepoppo 09/07/2018 at 11:59

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Maybe he’ll try a reverse 8-for-1 spliff.

ttyymmnn > I like cars: Jim Spanfeller is one ugly motherfucker 09/07/2018 at 12:00

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Brilliant.

Rusty Vandura - www.tinyurl.com/keepoppo > I like cars: Jim Spanfeller is one ugly motherfucker 09/07/2018 at 12:00

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Is this your personal theory or have you read it somewhere?

I like cars: Jim Spanfeller is one ugly motherfucker > Rusty Vandura - www.tinyurl.com/keepoppo 09/07/2018 at 12:01

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Just my wild, not so serious speculation. I have no doubt Tesla fanboys would agree with it though. Really, I think he’s just a bit incompetent in this sector.

Ash78, voting early and often > I like cars: Jim Spanfeller is one ugly motherfucker 09/07/2018 at 12:05

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I think if he succeeded, the fallout from the SEC would be unprecedented.

You’re supposed to fail your company the old-fashioned way, like MoviePass.

gmporschenut also a fan of hondas > I like cars: Jim Spanfeller is one ugly motherfucker 09/07/2018 at 12:22

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Wouldn’t that put their ability to raise capital at risk?

DucST3-Red-1Liter-Standing-By > Rusty Vandura - www.tinyurl.com/keepoppo 09/07/2018 at 12:27

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hmm, for that cheap, I think ill buy some and see what happens.

TorqueToYield > Rusty Vandura - www.tinyurl.com/keepoppo 09/07/2018 at 12:44

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I’m going to go with it having more to do with TSLAs Chief Accounting Officer leaving after 1 month on the job and then the head of HR not returning after a leave of absence .

https://www.bloomberg.com/news/articles/2018-09-07/tesla-chief-accounting-officer-leaves-citing-level-of-scrutiny?srnd=premium

Rusty Vandura - www.tinyurl.com/keepoppo > I like cars: Jim Spanfeller is one ugly motherfucker 09/07/2018 at 12:50

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I think either you’re correct, he’s up to something, or he’s losing his marbles. I’m inclined to think the latter. I think he’s been working too hard, too long, and he’s snapping.

Rusty Vandura - www.tinyurl.com/keepoppo > TorqueToYield 09/07/2018 at 12:51

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More to the point: bump in the road for Tesla, or end of irrational exuberance/honeymoon? What say you?

Mid Engine > Rusty Vandura - www.tinyurl.com/keepoppo 09/07/2018 at 13:20

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I’m tempted to buy some stock, but the fundamentals still don’t make sense. The company doesn’t make money, is extremely overvalued, and have a management exodus on their hands. Also, their competitors are going to begin selling prod uction volumes of electric cars in the not too distant fut u re. September is a fucked up month for equities anyway, may be worth sitting on the sidelines for a bit longer.

TorqueToYield > Rusty Vandura - www.tinyurl.com/keepoppo 09/07/2018 at 13:33

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Personally I think it’s more than a bump in the road. TSLA has been way over valued. WAY over valued. Musk knows as much.

Wall street has been valuing TSLA like a tech company - at some point their valuation will fall back in line with other auto makers or hardware manufacturers.

TSLA will be profitable eventually , but auto manufacturing is hard. Like, Really Hard and Expensive ( TM) . It involves insane amounts of capital investment and expenditure for what’s basically a commodity product with low margin (for tech). This isn’t AAPL or MSFT.

Ford is at like 10% profit margin. Apple is at something like 40%. Tesla’s margin will be closer to Ford’s.

Eventually TSLAs investment in things like self-driving cars, battery technology, and solar roofs may pay off. But that’s a long eventually and wall street hates long investment timelines.

And yes I think Tesla would be better suited as a private company.

Anyway, just my take.

Rusty Vandura - www.tinyurl.com/keepoppo > Mid Engine 09/07/2018 at 14:01

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I bought my stock the week they went public. I wish I had borrowed some money to buy more than I did. I’ll probably sell the stock to buy a car. That burns fossil fuel.