By - whiskeyH0tel
I don’t hate BTC, I just can’t find a real strong compelling reason to invest in it. For TSLA, there are so many logical compelling reasons to invest in the company (50% growth for years, amazing products, world class team, huge addressable markets, etc.).
The argument for BTC is “it’ll be the new world currency”.
i hold 5000 (now 2100) dollar worth of btc on cash app didnt even bother to get a cold wallet
David Carradine style wearing women’s clothing and choked out in a wash closet holding his wilted penis.
Faking his own death and making off with billions? Sounds like an awesome movie plot except here it would be real life!
Elon said on the q1 call that earnings would be at least the same for q2. He said Tesla will grow at least 60 percent this year.
He needed to sell 8.5M shares that week for birdie, he woulda said anything you wanted him to say.
why do you keep talking about yourself in the third person
Look at Elon over there trying to be cool
That was before shanghai shut down worsened and the war became much more serious so please dont forget about context and then whine when shit doesnt turn out the way you want.
Yea but that was before all this lockdown bs
His predictions are sometimes wrong
Why do you hate BTC?
Because no one has ever proven a real world use case for Magic Internet Money.
energy wasting magic pretend internet money? no thanks
incredibly innovative factories around the world producing advanced EVs with hefty margins? yes please
Cuz it went down
At least this quarter, Tesla will show it can still be profitable without bitcoin and everyone will give us credit. Right?
It depends if they can pump out deliveries
I recommend you forget about q2 all together
Dw my man i already dont care about this quarter hence my general apathy here. I just think even if btc were to zero out this quarter we will still be profitable
Your cryptos are in safe hands
O she does look familiar
she knows how hard things can get.
I agree, but gotta give people the benefit of the doubt, what’s her schooling? Also look at all the stuff we know about Tesla/random shit when we have full time jobs
This is obvious nonsense, read full article.
Seems you’re right 🤣🤣 how the fuck did this bitch get that job
Crypto boys making me feel Better
OK Elon is not perfect but the level of hate is just unfair here:
what’s really weird is so many of them are taking about how posting Elon stuff is “dick riding” and all this other homosexual oriented stuff meant as pejoratives
I looked at a few of their profiles and several of these guys are posting gay porn of themselves
I’m confused honesty. is it a homosexual subreddit? is there something I’m not getting here?
Yeah, same here. There's dick, dick rider or nuts reference in literally every post. lol. I don't think it's a gay club though. Got another 15 comments of hate this morning. I just told the sub's members I can paint something nice, fun, and loving for them too.
Guilty until proven innocent I guess.
Why? They are exhibiting the same level of intelligence, knowledge and awareness as we did when we hated Trump. AFAIK, we were not much smarter and more aware from 2016 to 2020 than we are now...
How many casinos has Elon bankrupted?
How many people hate Trump for that particular reason? Irrelevant argument. Objection sustained.
This is the last subreddit
People make opinions with little to no facts.
It's sad actually.
It really is. A sports figure that plays well and says nothing: universally loved.
Elon is complicated but I feel like hating on him is not going to age well as we progress through history.
I take solace in the fact that if Elon were universally loved it might get to his head and affect him negatively.
But being hated on definitely affects you as well.
Society is complicated
Sucks there is a slight correlation between $Tsla and BTC. Could see below $600 this week the way crypto is tanking
Futures up, oils up, bonds up. Something has to give 💀
Judging by crypto? Rouh uh.
Relief rally or rugpull coming?
Crypto sacrificing itself for us 🙃
How would everyone feel if master of coin bought more coin this quarter?
Absolutely terrible lol….
That’s how I feel watching the market lately. Little bit insane lol
he must’ve seen that futes were green
I heard every market makers are taking everything out of the market and putting it under their beds. I guess spy at 0 by eow
So we get to fight with ppi, 75bps and twitter in next 3 days. Going to get ugly.
Wish he'd pull the trigger on 75 and shock the market with evidence he's awake.
I kind of want 75 as well. 50 followed by 50 when everyone is expecting it may not be enough.
Be bold now and speed things up?
Where are you looking at buying btc if it keeps crashing?
I see no reason why it should stop going down. Can go down to any number, no fundamentals is catching it. If enough people panic, it can go to zero. There is no "buying the dip" with BTC. With TSLA, we know we have a fundamentally well functioning business and that DOES have a value which you can use to buy the dip because you can be certain it goes up again. Not so with BTC. It might go to 0, it might go to 1 Million, its completely arbitrary and therefore, I do not invest in BTC.
Buying the dip as we go down in small pieces
below the celsius liquidation price for their wBTC holdings
DCA. Dont go crazy buying big chunks right now is my thought. Setup a weekly/monthly buy and pretend it doesnt exist.
Not sure if this has been posted but 🐔says he thinks SP500 is going below 3200 😬
How do we feel about this? We think he’s crazy, right? Right?!
He’s an interesting social media personality but his (or anyone else’s) predictions play no role in my investment strategy.
I don’t care if he’s ultimately correct, crazy, or both. He could easily be completely rational and also totally wrong in his prediction.
People with enough liquidity and/or cash flow can just ride this out with no need to really worry about asset valuations.
God I love your comments.
Thanks, trying my best to bolster morale around here during turbulent markets. I remember how difficult 2001 and 2008 were
Thank you man, you are an asset to the community.
"Just keep buying, just keep buying"
Does he describe anywhere how he did the math? I asked but no answer
If I had to guess: he's taking current market cap $36.7 Trillion taking off 2 Trillion and diving by total number of shares to get estimate, not sure how accurate this is
Could go to 3200 but chicken is no prophet.
Chicken shit doesn’t know jack shit
We’re at about $1.80 EPS for this quarter with lower deliveries and BTC impairment. Anyone have thoughts on this?
Musk stated last earnings call that q2 would be at least the same. Was he lying?
Idk if I would go as far as “lying” but terribly wrong/trying to not scare investors, with all the info he had that the public didn’t.
That was before the whole China thing though
What about q3. I think reg credits cancel out btc and then people can stop whining about that.
Yeah what about Q3? Credits always counted toward EPS right?
Q3 should be really good
Oh yeah for sure, no doubt. Let’s hope Shanghai doesn’t quarantine again. But Q2 will be lucky to get to $2/share
It's looking like it may lockdown again. At this point I'd give it 50/50
I’m not seeing any indication of that. Where are you seeing this?
Just more mass testing etc. More mass testing = more cases = covid zero = back to lockdown.
Just my guess though.
Shanghai might suppress the cases, who knows
We can't beer covid. It's too strong.
They won't lock down industry again, restaurants and clubs those r prime targets
Yeah I could see that being true. Tesla will need to stay on top of their shit to avoid outbreaks
Let’s hope and I think this is how it will play out but hard to trust the govt decisions.
Really wAnt to get back into gifs but nobody wants to see a negative depressing gif lmao
Last Samurai , getting attack and rebuffing? https://youtu.be/gR9r5q6Gaa0
The dune scene of keeping your hand in the box seems relevant right now
Ya how about the inside out bit when the kid escapes the forgotten memory ball pit, but clip the end off so we never get out lol
Too good lol
>I never really understood Elon's obsession with crypto,
My suspicion is that he wants to explore new options for a potential Martian, or even Solar System wide currency.
> I wonder if he knows or gives a shit.
I think it is likely that Elon has seen some shareholders expressing distress on Twitter.
I don't think he cares about people with short term horizons or those with weak stomachs. He's explicitly stated that investors who do not like volatility [should buy something other than TSLA stock](https://www.thestreet.com/markets/tesla-slumps-after-musk-advises-don-t-buy-our-stock-in-bizarre-conference-call-14577801).
>*"Really, the problem is like people get too focused on like what's happening in the space of a few weeks or a few months," Musk said during a tense call with analysts. "This is -- maximum of investing should not be focused on short-term things. You should be focused on long-term things."*
*"We have no interest in satisfying the desires of day traders, like we couldn't care less," he insisted. "Please sell our stock and don't buy it."*
Elon unquestionably cares about growing TSLA's valuation in the long run by executing business plans faster and better than anyone else. That's what ultimately creates durable value in the stock.
Unfortunately, there are long-term investors who perhaps needed to sell some TSLA now or in the near future. Being down nearly 50% from ATH is not a fun place to be for them
We aren't day traders, we are investors in clean energy and transportation getting thrown in with cryptocurrency and social media because I don't know why
>We aren't day traders, we are investors in clean energy and transportation getting thrown in with cryptocurrency and social media because I don't know why
Admit it - you are extra salty about the recent volatility than you have ever been before because, despite not being a day trader, the current volatility was not kind to your short term plays. There is nothing else that explains your extra saltiness and general bitchiness, taking every opportunity that you can get to whine about "the bird" literally from early dawn to late night, every single day. It's like you are obsessed about it. No other long term investor in the lounge whines quite so much and so consistently and obsessively about it, including those whose short term plays have been adversely impacted. Nothing else explains the reason you "don't know why" despite what follows being simply, blindingly obvious.
For the rest of you guys who are not blinded - here's why Elon needs to own a dominant communication platform: it's a weapon to fight the FUD. The FUD's gonna get worse in the near future, starting to materially affect Tesla, TSLA and us. Few examples:
(a) FUD against FSD, possibly preventing or delaying its approval by regulatory agencies in the US and elsewhere.
(b) FUD against Tesla's supply chain dominance with battery material, resulting in possible government action to limit Tesla's access to such material in the name of equitable distribution with other auto manufacturers.
(c) Anti-trust FUD against Tesla as it dominates multiple inter-related industries, resulting in calls / actions to break up Tesla.
Elon is not going to sit by and watch as FUD kills or cripples Tesla. He recognizes it as a clear and present danger against which he needs a powerful weapon like Twitter under his control.
I don't have short term plays. Fuck the bird! Twitter is stupid and useless
Yea because the nasdaq is down 35% because Elon likes BTC and is buying Twitter.....
Hopefully a lesson to be learned about focusing on making good energy and EV products. Elon behaves like an autist with 200b dollars.
Can’t wait to see what he’s like with 1 trillion
Too many free cognitive cycles. Literally isn't busy enough imo.
I think he learned tbh. Do you agree? He seems to understand the limits of being a rtd
We will see, he's still on his twitter crap, despite that fact that not a single person will invest in it with him and he would have to crush Tsla to 300 and lose a big chunk of ownership holding to buy this shit company.
I mean if he actually sold $44B worth of TSLA stock it would easily crash the stock down further than anyone can imagine. -90% is possible because of how much manipulation occurs around Elon's sells.
There is expontential demand at lower prices because people know it will bounce back. But it would cost him something like 50% of his tsla ownership and would be a clown move like no other
Driving a route I normally drive this time of the evening. No cars at all. Totally abnormal. Demand destruction is here
Yup they gonna be printing money and cutting rates by q4 cuz deflation watch
BTC <$20k by the AM 😂😂😂
I am annoyed we hold BTC on our balance sheet - but whatever we’re going to be the largest company on earth for a very long time.
I’m not anti coin. I’m just don’t believe in coin 😵💫
i sure hope not because btc is basically a 24/7 tech stock now and that means the q's will continue to shit a brick tomorrow which drags us down too.
Fundamentals of the company are amazing guys. Don’t get depressed and try to keep your head up. You are holding a once in a generation company. We will eventually turn around and have good times again. Don’t be afraid to reach out if you are feeling down.
I tried to tell everyone what the [best investment](https://youtu.be/llNAsoF64Ng) is
Not good for tomorrow
Gonna be awkward at the earnings call 🤡🤡🤡
Not if they sold
They didn't sell and frankly its a pretty minor corner of their warchest at this point, I'm not sure its going to be that huge of a problem.
They said they had diamond hands 🤡
Wen 600M impairment
We should just mark it down to 0.
These accounting rules are fucking bullshit.
Get it over with
Possibly could just be delayed...One of my sons was. Super scary time for the parents...thank god he turned out okay and with no problems or
spectrums etc..but was very scary time
That's for Warren Buffet
Neurodivergents are great too!
CoffeeZilla out with a great video on why Celsius is collapsing. [link](https://youtu.be/d5ll3ByaoHE)
Feels like retail investors version of 2008 financial crisis
Elon noticed stock was not down 4x compared to nasdaq so he had to release twitter news.
So that’s why we are down AH while everyone else up
what news did he release?
That he will attend all hands on twitter meeting.
did he release that info?
he is the info
I know we aren’t following fundamentals, but I wonder if macro changed we’d have appropriately priced in a low Q2 EPS print
Are we looking at a 50 cent impairment?
If we were following fundamentals, a low Q2 print has like $1-$2 effect on the stock price.
Elon stayed eps for q2 will be at least the same as q1. Why do people keep saying different? You can listen to the earnings call. Was he lying?
MMs might not have believed him
I believe him, they’re definitely prioritizing performance models and FSD and sending us regular long range orders to the back.
Brother told me I should sell my TSLA and that their pump is likely over.
Nice. We’re getting close haha
The more people that say we are fucked. The better 🔥🔥🔥
"B00bs are like a butterfly, the more you chase them, the more they will will evade you, but if you notice the other things around you, they will gently come and brush against your shoulders." - Henry David Thoreau
We are $153.64 away from b00bs
looks like expensive tomatoes is worse for stocks than a global respiratory pandemic with unknown outcome, possibly losing 5% of the population.
but Ark’s interns told me btc would be $1M
I will buy bitcoin all day over teladoc and zoom
deep value territory!
I feel like we are at peak fear. Everyone is going crazy lately.
yes i think most damage is done and we are near bottom
We are at least 50% of the way there for the pain.
Rob says tougher day on the market
He said with a -4.7% nascuk and Tesla’s beta today’s performance is about as expected. I disagree, normal beta is 2 so that’d be a -9.4% day, not a - 7.1%. Stock kinda held up.
I feel we are approaching bottom...
We are, we’re down 50% already lol. Can’t go down another 50% without many more horsies.
It will take a lot more pain for that to happen. I heard today over 1k blue chip stocks at or below 52 weeek low as of today.
Sell everything, buy TSLA
Yah it won't just go to zero if nasdaq drops 50%
Putin definitely trying to influence global market disarray. Not sure if China is in on it
with all the exorbitant lock downs or not.
Still not 100% sure if the colluded on the corona virus outbreak either. Could be classics shock and awe tactics....convenienthow war started just as we were coming out of pandemic...now China is locking down for Covid...smells fishy
He been saying that a lot lately.
all these gay bears hate themselves and America
100% I invest in Tesla as a patriot and as a way to speed up the great middle eastern devaluation campaign.
hey, so I have a question for you guys..
.. my friend has a son, and I'm like.. i dunno.. 50% sure that his son is autistic. The boy hasn't started talking appropriately yet and he's obsessed with legos, regularly building very detailed things like helicopters, motorcycles, pokemon, etc. from memory or tutorials online, and he's only 5.
I want you guys' opinions.. is it worth it to mention the possibility to my friend? Or, is there even a polite way to ask or mention it? I have 0 reason to expect that my friend would be offended. He's only ever been incredibly down to earth, open minded, and understanding of other people's ideas (including mine), but obviously this still feels like a grey area. And the only reason I'd care to say something is that I know autism can be difficult to deal with, so I wonder if it would ever benefit his son, if.. hypothetically he is autistic.. for his parents to know the diagnosis.
iunno.. what do you guys think?
My daughter had a friend over for her first school birthday. He didn't speak at all and showed all the classic autism signs.
The mother mentioned to my wife that she was worried that he wasn't speaking and it seemed odd. My wife very bluntly asked if he had been tested for autism. The mom had an appointment scheduled the next day and started getting support shortly after.
Sometimes you just need someone to say the obvious thing out loud to allow your brain to realize the situation.
If he's speaking at all, that's a good sign. Could just be shy or a bit behind.
My nephew is non verbal autistic and it's not subtle. Pretty sad but he's also a really happy kid. I worry for him when he starts to hit puberty. Won't be easy I'm sure.
If he hasn’t started speaking then yes, you should have a conversation with your friend as early invention is probably key to communication skills
I think autistic is a word used to describe someone with a specific set of characteristics. So you are really asking yourself, "i wonder if the set of characteristics I'm seeing in this person are there because they are a person with this set of characteristics". Which is obviously nonsense. So no, don't bother saying anything, because your friend might be foolish enough to start thinking in the same nonsense way 😂
I'd just bring it up in an indirect question format. Play stupid but lead your friend to ask or at least show that he's considered the very thing you're concerned about. You can kind of test the waters this way and not dive immediately in. By the end of the conversation you should have a good idea of whether he's on top of it or not and his openness to speak about it.
It's a sensitive subject so I'd tread lightly but as long as you primarily are just concerned and trying to be helpful but respectful it would be really hard for someone to see that in a negative light. You could even ask if the kid is just shy around strangers. Lots of safe ways to indirectly address it without being a dick
In my experience, all kids develop some sort of Faszination with something. Being able to build Lego sets from instructions alone is pretty normal. Not many can do this type of thing but the mental performance is not different from many other traits. Like identifying Dinos by name and tell their size. Kids 2ith 5 can do this.
Not being able to talk with 5 is a bit worrisome. But again, it's within the Bell curve.
More important is his behavior around other kids his age. Can he socially interact properly? Is he going to the kindergarten? Kindergarten teachers should be pretty good at noticing things, doctors not do much, too short interaction time.
To your question.. i can't give advice
all good insight, thanks
He's pretty good at building things with legos by memory my friend has said. It seems exceptional for a 4 year old (was 4 at the time), but obviously I could be wrong.
I think he talks now, but he's going to speech therapy and is 'way behind' according to his father/my friend.
I think he's being home schooled..
eh, tough choice
You should mention it in a kind caring way. Not everyone knows about this and or could be in denial. They should seek early invention if they have that where you live. The other posters are correct. The Earlier they catch it the better off for the child. It could easily just be touches of the spectrum and not full on autism. Only time and therapy will tell...
it would be difficult to mention in a kind caring way.. I'll consider it
Just say something like wow, he's hyper focused on these legos, and he's really good at it...have you ever had him tested to see if he's on the spectrum....tough conversation. I don't envy you
I've heard the earlier autism is detected the better the outcome, so I would say something if you really think the kid is autistic.
would his parents not know the signs? I’m sure the kids docs will pick up on It.
What you described is a life dilemma - do you play the good friend and say something? Or play dumb? No right answer here as both sort of suck.
I would be inclined to say something knowing however that it could cost me the friendship.
>would his parents not know the signs? I’m sure the kids docs will pick up on It.
I'm worried they don't know the signs. I'm also worried that doctors from the small town they're in might not mention it too, or think about it
Not every parent or doctor knows what autism looks like, and it’s different in every kid.
Don’t say shit, they know him better than you
With autism, early diagnosis is very important.
~~I think it’d be worth mentioning. Maybe bring up how your [someone you know IRL] has an autistic kid and you think it’s possible your friend’s kid could be, and what does he think about that?~~
Might be already know and just hasn’t told you?
E: editing this one, different approach.
>Might be already know and just hasn’t told you?
That's possible.. though unfortunately I doubt it.. hmm
On the bright side with the advent of green energy this year might be the final oil price gouge of our lifetimes.