4 ms·

I guess so, but just because some sweet subsidies are coming January 1 so everyone is procrastinating orders to that date. In practice it’s just Tesla “chippin

by eecc 4y ago

I guess so, but just because some sweet subsidies are coming January 1 so everyone is procrastinating orders to that date. In practice it’s just Tesla “chipping in” a bit of the profit boost it will get next year, to avoid ruining their quarterly sales metrics. Either way the TSLAQ crowd will have a field day with all the negative attention Musk is getting: they’re toast, they can’t sell without discounts, they’re not a carmaker but only a subsidy taker.

Eisenstein 4y ago
What is TSLAQ?
- lossolo 4y ago
  From first google result: > TSLAQ (pronounced "Tesla Q") is a loose, international collective of largely anonymous short-sellers, skeptics, and researchers who openly criticize Tesla
  - tromp 4y ago
    Somewhat confusing considering that Tesla Model Q is one of the rumored names for the new cheaper compact model (aka Model 2). https://topelectricsuv.com/news/tesla/tesla-model-2-design-details/ https://topelectricsuv.com/news/tesla/tesla-model-2-design-d...
    - FireBeyond 4y ago
      Musk has a habit, a la Boris Johnson, of "snowing" search results that are likely to be unfavorable with his own (Johnson made a big show of repeatedly talking about "painting wine boxes to look like buses" to distract from a campaign issue about Brexit and contentious claims painted on buses). "Did you mean Tesla Model Q?", might say Google in the future, when someone looks for Tesla Q. https://www.wired.co.uk/article/boris-johnson-model-google-news https://www.wired.co.uk/article/boris-johnson-model-google-n...
      - kennyadam 4y ago
        I've never been particularly convinced of the whole "he says he paints buses so that the brexit bus is pushed off Google" thing. It seems like the sort of thing that sounds right, so everyone starts repeating it, but really, is there any evidence at all?
        lordnacho 4y ago
        The thing has his just enough believability to make it possible and is unimportant enough to make it not worth investigating. It's believable that some advisor thought it was a good idea to try, but also what if he did? Everyone remembers the bus thing in any case.
        KingOfCoders 4y ago
        Boris will not tell, and the PR consultant - as long as they are in business - will neither. So there is no proof possible for the forseeable future.
        VBprogrammer 4y ago
        It could be entirely coincidental but he also proposed a bridge between Northern Ireland and Scotland which was a useful distraction from his Garden Bridge which wasted somewhere in the region of £200M.
  - eecc 4y ago
    The etymology is that bankrupted stocks that get pulled off the Exchange used to get a Q appended to their ticker name. https://www.investopedia.com/terms/q/q.asp https://www.investopedia.com/terms/q/q.asp
- realworldperson 4y ago
  [dead]
jacquesm 4y ago
That may be so, but the effect on the stock price is pretty real.
- eecc 4y ago
  Sure, also Musk’s behavior on Twitter is bringing a lot of negative press, and the fact he liquidated a ton ton of host TSLA stock to finance the operation. But indeed markets are not exclusively driven by rational thinking, just look up “head and shoulders” in the context of stock charts. WTF is that? Horoscopes? SMH
  - jacquesm 4y ago
    They're a lot more rational now than a few months ago. Or are you (still) on the buying side? If so then you have more guts than me. The whole Twitter saga has me worried about Musk's mental health. Either that or he should rename himself 'CLO' (Chief Liability Officer).
    - youngtaff 4y ago
      Chief Liability Office Without Nuance?
  - hooande 4y ago
    Markets aren't rational, but they also aren't stupid. if this is really just a "pre-discount" on the January subsidy, wouldn't that be priced in? It could be less informed retail investors panic selling due to Musk related news, etc. But a panic sale is a panic sale, regardless of the cause. And, why would they need to do this if the subsidy is likely to kick in on January 1st? They're offering this major discount to increase sales in the two week period between now and the new year? From what I can see it isn't even 100% certain that they'll qualify for the $7,500 subsidy. Maybe there's something about corporate accounting or whatever that I'm not understanding here.

by eecc 4y ago

Eisenstein 4y ago

What is TSLAQ?

lossolo 4y ago
From first google result: > TSLAQ (pronounced "Tesla Q") is a loose, international collective of largely anonymous short-sellers, skeptics, and researchers who openly criticize Tesla
- tromp 4y ago
  Somewhat confusing considering that Tesla Model Q is one of the rumored names for the new cheaper compact model (aka Model 2). https://topelectricsuv.com/news/tesla/tesla-model-2-design-details/ https://topelectricsuv.com/news/tesla/tesla-model-2-design-d...
  - FireBeyond 4y ago
    Musk has a habit, a la Boris Johnson, of "snowing" search results that are likely to be unfavorable with his own (Johnson made a big show of repeatedly talking about "painting wine boxes to look like buses" to distract from a campaign issue about Brexit and contentious claims painted on buses). "Did you mean Tesla Model Q?", might say Google in the future, when someone looks for Tesla Q. https://www.wired.co.uk/article/boris-johnson-model-google-news https://www.wired.co.uk/article/boris-johnson-model-google-n...
    - kennyadam 4y ago
      I've never been particularly convinced of the whole "he says he paints buses so that the brexit bus is pushed off Google" thing. It seems like the sort of thing that sounds right, so everyone starts repeating it, but really, is there any evidence at all?
      - lordnacho 4y ago
        The thing has his just enough believability to make it possible and is unimportant enough to make it not worth investigating. It's believable that some advisor thought it was a good idea to try, but also what if he did? Everyone remembers the bus thing in any case.
      - KingOfCoders 4y ago
        Boris will not tell, and the PR consultant - as long as they are in business - will neither. So there is no proof possible for the forseeable future.
      - VBprogrammer 4y ago
        It could be entirely coincidental but he also proposed a bridge between Northern Ireland and Scotland which was a useful distraction from his Garden Bridge which wasted somewhere in the region of £200M.
- eecc 4y ago
  The etymology is that bankrupted stocks that get pulled off the Exchange used to get a Q appended to their ticker name. https://www.investopedia.com/terms/q/q.asp https://www.investopedia.com/terms/q/q.asp
realworldperson 4y ago
[dead]

jacquesm 4y ago

That may be so, but the effect on the stock price is pretty real.

eecc 4y ago
Sure, also Musk’s behavior on Twitter is bringing a lot of negative press, and the fact he liquidated a ton ton of host TSLA stock to finance the operation. But indeed markets are not exclusively driven by rational thinking, just look up “head and shoulders” in the context of stock charts. WTF is that? Horoscopes? SMH
- jacquesm 4y ago
  They're a lot more rational now than a few months ago. Or are you (still) on the buying side? If so then you have more guts than me. The whole Twitter saga has me worried about Musk's mental health. Either that or he should rename himself 'CLO' (Chief Liability Officer).
  - youngtaff 4y ago
    Chief Liability Office Without Nuance?
- hooande 4y ago
  Markets aren't rational, but they also aren't stupid. if this is really just a "pre-discount" on the January subsidy, wouldn't that be priced in? It could be less informed retail investors panic selling due to Musk related news, etc. But a panic sale is a panic sale, regardless of the cause. And, why would they need to do this if the subsidy is likely to kick in on January 1st? They're offering this major discount to increase sales in the two week period between now and the new year? From what I can see it isn't even 100% certain that they'll qualify for the $7,500 subsidy. Maybe there's something about corporate accounting or whatever that I'm not understanding here.