Stock Market

You wanna buy 32,000 shares?

I’ll make you a deal.




P
Did that back in the 80's in Louisiana while working the oil patch...... AG Edwards pitched the "Limited Partnership Deal"....
FED's / IRS came in and seized the company.... The investors lost everything. I carried it as a tax write off for several years.
I'll pass on the oil patch.
Thanks
 
They aren’t servicing the loans. I believe Santander is the participating bank. I’m not sure what deal is/was offered but I greatly disagree with your last point. I would much rather see Tesla offer 0.99% rates vs. reducing sales price. All OEMs are moving to 0%.

Someone is paying for that rate gap, and I very much doubt it's the bank since they are in the business of making money on loans.

There is very little effective difference between offering below-market rates vs cutting the transaction price. Both are being done to lower monthly payments to a level that is attractive to more consumers at the cost of decreasing margin; this is very basic microeconomics. This isn't the first time that the industry has gone through this cycle and normally there's a short-term benefit at the cost of bottom-line margin in the long run. We'll see if things are really different this time.
 
Someone is paying for that rate gap, and I very much doubt it's the bank since they are in the business of making money on loans.

There is very little effective difference between offering below-market rates vs cutting the transaction price. Both are being done to lower monthly payments to a level that is attractive to more consumers at the cost of decreasing margin; this is very basic microeconomics. This isn't the first time that the industry has gone through this cycle and normally there's a short-term benefit at the cost of bottom-line margin in the long run. We'll see if things are really different this time.

Yes - it’s accounting - but the psychological impact on the consumer is huge.
 
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"Rebalancing"... The insiders will make a killing.

Nvidia to get 20% weighting and billions in investor demand, while Apple demoted in major tech fund​


Nvidia’s blistering rally will force a major technology exchange-traded fund to acquire more than $10 billion worth of shares of the chip giant while cutting dramatically back on Apple
.The index that the Technology Select Sector SPDR Fund (XLK) follows will soon rebalance, based on an adjusted market cap value from Friday’s close. The new calculations show Microsoft
as the top stock in the index, followed by Nvidia and then Apple, according to Matthew Bartolini, head of SPDR Americas Research.
All three stocks would have a weight above 20% in the index if there were no caps in place. But diversification rules for the index limit how big the cumulative weight of stocks with at least a 5% share of the fund can be.


 
Yes - it’s accounting - but the psychological impact on the consumer is huge.

Yep, which is why General Motors leaned so heavily on such games in the early 2000s. Here's an ad from October 2001:



Later came the "employee pricing for everyone". You know what came after that, right? But damn, there were some great sales numbers for several years. They just didn't bring in enough profit to keep the lights on.

This shouldn't matter, since all the Very Smart People on Twitter have decided that Telsa is no longer a car company, and thus its declining automotive sales volume and plummeting margins are no reason for worry.
 
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Yep, which is why General Motors leaned so heavily on such games in the early 2000s. Here's an ad from October 2001:



Later came the "employee pricing for everyone". You know what came after that, right? But damn, there were some great sales numbers for several years. They just didn't bring in enough profit to keep the lights on.

This shouldn't matter, since all the Very Smart People on Twitter have decided that Telsa is no longer a car company, and thus its declining automotive sales volume and plummeting margins are no reason for worry.


As of the last earnings, based on Tesla FCF and cash on hand, how much run way do they have?
 
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As of the last earnings, based on Tesla FCF and cash on hand, how much run way do they have?

Don't know - that's a prediction, and those are famously difficult. All I can say is that things happen fast in the auto industry during macro declines, and Tesla more than ever looks like a very normal car company.
 
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Don't know - that's a prediction, and those are famously difficult. All I can say is that things happen fast in the auto industry during macro declines, and Tesla more than ever looks like a very normal car company.

Yeah, I understand. I’m reviewing GM’s energy storage systems this weekend and my wife is currently pricing our auto insurance with Ford as I type this.
 
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Cheap. I rolled my external accounts to Robinhood and paid $250/each.
Those cancelation fees are not going over well with the consumers.

FTC sues Adobe for allegedly hiding fees, making it tough to cancel subscriptions​


The Federal Trade Commission sued Adobe and two of its executives Thursday, claiming the Photoshop maker hides early termination fees on its most popular subscription and makes it difficult for customers to cancel.

The federal regulator said in its complaint that Adobe does not adequately disclose the fees, which are calculated as 50% of the remaining payments when customers cancel in their first year. According to the FTC, those fees can reach hundreds of dollars.


 
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Nvidia passes Microsoft and Apple as largest market cap. Combined, the three are valued at $9.9 trillion, 21.5% of the entire market capitalization of the S&P 500. The three are today LARGER than the capitalization of the ENTIRE S&P in September 2011, not a market low.

Including Google, Amazon, Meta and Tesla, the Magnificent 7 have a $16 trillion combined market value, 34% of the S&P 500 and LARGER than the ENTIRE S&P as recently as February 2016, just over 8 years ago and most definitely nowhere near a market bottom.

Nvidia is valued at 42x and 78x trailing sales and earnings on an unsustainable 54% net profit margin.

Microsoft is valued at 14x trailing sales and 39x earnings on a 36.4% net margin.

Apple is valued at 8.6x and 33x trailing sales and earnings on a record 26.3% net margin.

These are crazy valuations for very large companies that can grow sales and earnings nowhere near as rapidly as they did over the past one and two decades.

I'm excited - this is completely unsustainable, and yet there is no obvious end in sight so this is probably going to keep ripping upwards. The bigger it gets, the harder it's going to implode, and so I hope this continues as long as possible.
 
Tesla Killer Update
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Quadruple witching tomorrow brings a record $5.1T in equity options expiry. Note, close to $1T are in single stock options. Flash PMI’s out as well. Crazy potential vol…sleepy post holiday trading today saw over 1/2 billion shares of NVDA traded.
 
Quadruple witching tomorrow brings a record $5.1T in equity options expiry. Note, close to $1T are in single stock options. Flash PMI’s out as well. Crazy potential vol…sleepy post holiday trading today saw over 1/2 billion shares of NVDA traded.
Well, at the end of the trading day tomorrow....... Will NVDA close up or down ? TSLA, up or down ?
 
1,584% since IPO, -27% from high. You dopes don't can't differentiate BEV vs. other manufactures who also produce BEVs. I am not sure if your "conveniently" makes sense.
If anything manufacturers that also make EV and Hybrids vs only EV are far more future proofed than Tesla

If you havent noticed EV sales have been slipping as subsidies run out and infrastructure is not there let alone the power grid to handle large numbers of EVs


If you combine sales of all above 'tesla killer' list brands aside Tesla they don't sell a fraction of Cherry , all more or less failed startups making jack shit numbers and loosing money on every one of them
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Explain the difference between BYD and those on the list.

BANGKOK, June 21 (Reuters) - Electric vehicle sales are surging in Southeast Asia, led by China's BYD (002594.SZ)
, opens new tab and Vietnam's VinFast , eating into the internal combustion engine car market dominated by Japanese and Korean firms, Counterpoint Research said on Friday.
EV sales in the region more than doubled in the January to March quarter from a year before, according to the research firm. Sales of ICE cars, meanwhile, slid by 7%.

"As Japanese and Korean automakers, who dominate conventional vehicle sales, lag in EV adoption, Chinese OEMs (original equipment manufacturers) are stepping in to fill the gap," said Counterpoint analyst Abhik Mukherjee.
"Over 70% of EV sales in the region are from Chinese brands, led by BYD," he said. In the first quarter of last year, 75% of all EVs sold in Southeast Asia were made by Chinese car makers.

Thailand, Southeast Asia's second largest economy where Chinese car makers have committed more than $1.44 billion to set up new EV production facilities, is leading the charge.


 
Explain the difference between BYD and those on the list.

It's a successful company?

What's crazy is that even Tesla is struggling to find additional growth as governments at various levels drop $10-15k in cash on the hood. Normally we don't see this kind of broad wipe-out until after subsidies expire.

None of this matters, since I've recently been informed that Tesla is no longer a car company or a sustainable energy company but rather an AI company and should be traded as such.
 
It's a successful company?

What's crazy is that even Tesla is struggling to find additional growth as governments at various levels drop $10-15k in cash on the hood. Normally we don't see this kind of broad wipe-out until after subsidies expire.

None of this matters, since I've recently been informed that Tesla is no longer a car company or a sustainable energy company but rather an AI company and should be traded as such.

This is why I laugh. The blindfolds are thick here.
 

Prudential plans $2 billion share buyback​

June 23 (Reuters) - Insurance group Prudential plans a $2 billion share buyback programme which will be completed no later than mid-2026, the company said in a statement on Sunday.
The life and health insurer will commence the first $700 million tranche of the buyback, for which it has entered into an arrangement with Goldman Sachs International, it said in a separate statement.
The buyback marks progress towards the London and Hong Kong dual-listed company's 2027 financial objectives and will increase the potential for further cash returns to shareholders, the company said.

In a statement Chief Executive Anil Wadhwani said the Pru's board continues to expect its annual dividend for 2024 to increase by between 7% and 9% compared with a year before, adding: "We have confidence in our FY2024 new business growth and in achieving our 2027 financial and strategic objectives."
In March, the Pru reported an 8% rise in annual operating profit, as policy sales across its key markets in Asia and Africa propelled revenue growth.


 
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I chuckle when I see a headline like this.

Caterpillar Stock Is a Better Bet Than Deere’s, Says Analyst.​

With major conflicts going in the world, CAT is just licking it's lips. The political, world leaders are CAT's best salesman. Keep the wars going.
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Investors buying and selling shares of makers of agriculture and construction equipment always worry about the cycle. While most investors would agree Deere and Caterpillar are high-quality companies, no one wants to buy the shares ahead of respective downturns in farming or construction spending.
These days, agriculture markets are weak. The Deere cycle is near the bottom. What’s more, U.S. construction markets are at record highs. Things are peaking. That could mean Wall Street is starting to favor Deere over Cat.
 
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John Deere announces mass layoffs in Midwest amid production shift to Mexico​


John Deere, the world’s largest seller of tractors and crop harvesters, has announced another wave of layoffs Friday, telling around 610 production staff at plants in Illinois and Iowa that they will be out of a job by the end of the summer, according to reports.
The company is slashing around 280 workers from a plant in East Moline, Illinois, while another 230 employees are being let go at a factory in Davenport, Iowa. About 100 production employees at the company’s Dubuque, Iowa, plant will also be impacted. All layoffs are said to be effective from Aug. 30, per a press release cited by several outlets.
According to the release, the layoffs are being made due to reduced demand for John Deere's products from those factories. The company says it generated $10.166 billion in profits last year.

 
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At least partially given all Giga factories have solar arrays on top.

I think Elon claimed that the initial install will draw 130 MW and up to 500 MW in the future.
Solar produces about 1 MW per 10 acres, so covering the entire 2500-acre footprint of Giga Texas would be a starting point. In other words, there will be a lot of fossil fuels powering that particular installation.
 
I think Elon claimed that the initial install will draw 130 MW and up to 500 MW in the future.
Solar produces about 1 MW per 10 acres, so covering the entire 2500-acre footprint of Giga Texas would be a starting point. In other words, there will be a lot of fossil fuels powering that particular installation.
Jesus, what a waste of ground for something that ruins the environment. I'd rather see a nuclear reactor. Nuclear doesn't worry about snow, HAIL, clouds or rain, it just works and is efficient.
 
Markets are starting to price in a Trump win which "should" be actually good for the economy and not in a "lets print 5 trillion dollars and pretend everything is ok" economy.

Trump's still gonna support policies which require printing trillions. What the markets are starting to price in is how that money will be allocated differently than the current administration.