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No charts, no financial reports. Just emotion and prediction.
There are 25 charts and an profit/loss statement with q1/2 figures and proposed (totally wag) q3 in that article. Theres a difference between you didnt find the charts relevant (many werent to me) and there being no charts. I dont know what to make of statements that are not at all in line with reality. Maybe you felt that writer was promoting a viewpoint you disagree with fine, but you implored me to link something so I did.
I dont have tesla sources outside of Elon Musk and company financials. Thats it. I dont go looking for this stuff except when you asked me.
Why do you think the 7,000 cars tweet was a prediction not a report.
I didnt say that, I said they didnt say they painted 7000 cars per week, just that many were produced, whatever that means. Likely does not mean they all had to be started/finished within the single time period, hence the term factory gated. Musk by his own record has not given me any reason to trust what he says on its face. Thats his own fault for getting caught up in his own predictions and things hes said that may have been a bit hyperbolic.
it’s only because I’ve started to reply to your post on here about this company before, and always deleted them, but this time the ridiculousness of “crazy eddie” caught me off guard and I took the bait.
You say this, but you've responded before, and at that time (white ferrari thread, pg 2) said this,
"I’ve read your stuff on here for long enough without responding. You are DEEP in the short belief system and I suspect have succumbed to the echo chamber. I’m more the fanboy, and have probably succumbed to the echo chamber on my side."
I mean come on, no one made you come at me personally. I dont feel like I have a "side" to protect. You could have simply stated your reasoning why, but you've made it about me and it seems to bother you that I hold these positions. Just move past that. I dont care at all even though you've painted me as some kind of crazy short with a twitter feed made for besmirching tsla. This is simply the preponderence of the facts as I see them, nothing more. Yes, some "shorts" are crazy and their theories are stupid, same with the uber bulls. Any extreme position is open to huge error.
You have a view, and I have a different view. We each assign our probabilities of being correct to our views, and mine is not 100%.
You admit to having a dog in this fight, but accuse me of being blinded by my "short belief system". I personally wish tsla would succeed, I simply view their financials and headwinds as a serious threat to that possibility, yet the market price is not fully reflecting this. Thats very interesting. Dont know how one could be a finance nerd and not be fascinated. I can totally separate the product from the companies financial future, etc...and from my view of people on the forum. We all have our views.
You dont have to engage any further, its fine as you havent provided any reasoning other than me being a wackadoo shorty. We have to wait months most likely at the soonest and years more likely to know whats going to happen ultimately. If you want to try to give me something concrete to discuss Im all for reorienting the conversation that way no problem.
This should not be deleted though, it will however serve as a nice historical record of the zeitgeist in general and a couple people crazy enough to voice their views when things are all well and done. It will be an excellent reminder of the dangers of single stock investing, thinking you know things, etc.etc....and thats extremely valuable on a financial forum.
How about a thought experiment? What information or change would significantly alter your position?
I know several things that would alter mine. Increased reservations, production, sales, increase in operating leverage, increase in margin, capex and line openings, etc..etc...many more really.
Remember my base position is that the equity is so overvalued that even if they do well, but not astronomically great, the stock price will come down and possibly drastically so in the future. They dont have to go bankrupt, that is an admitted extreme, though it is unfortunately increasing in likelihood.
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