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October 25, 2019
Published by Kuppy at October 25, 2019
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Let me cut to the chase; I won a few along the way, but Elon Musk clearly won this most recent battle. Earlier this week, Musk stared at revenue comping negative, collapsing ASPs, and abysmal margins. He had his Draghi moment where he determined that he’d do “whatever it takes.” The alternative was to let investors blast Tesla (TSLA – USA) and face a Read More
Categories: Investments
Positions Mentioned: TSLAQ
June 25, 2019
Published by Kuppy at June 25, 2019
Categories
Given the amount of time I’ve spent talking about Tesla (TSLAQ – USA) on this site, I’d be remiss if I didn’t point out that I materially changed my position over the past few days. Back in October of 2018, I felt that shorts were pressing their bets a bit too hard and noted that, “…All evidence seems to show that they’ve used every Read More
Categories: Investments
Positions Mentioned: TSLAQ
May 13, 2019
Published by Kuppy at May 13, 2019
Categories
I have been highly critical of the Profitless Prosperity Sector (a.k.a the Ponzi Sector). The sector consists of companies that are effectively Ponzi Schemes; in that they have accelerating losses but show blistering growth rates in order to attract new capital. This all worked fine when companies kept their free floats small enough to be manipulated like Tesla (TSLA – USA) or stayed private Read More
Categories: Investments
Positions Mentioned: TSLA
March 3, 2019
Published by Kuppy at March 3, 2019
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For Part I Click Here This may surprise people, but accounting isn’t a black and white endeavor—there’s actually a lot of gray area—particularly when you deal with accruals and estimates for future events. This is the reason that two very similar companies can report very different short-term results. What is the useful life of equipment from a depreciation standpoint? What is the eventual cost Read More
Categories: Investments
Positions Mentioned: TSLA, TSLAQ
March 1, 2019
Published by Kuppy at March 1, 2019
Categories
All Ponzi schemes follow a basic rule; as long as more money is coming in than out, the scheme can continue to inflate. When money stops flowing in, the scheme collapses—often quite rapidly. I believe that Tesla (TSLAQ – USA) is near the final stages of this arc. Excluding stock option exercises, cash is no longer inbound; meanwhile Tesla can no longer use financial Read More
Categories: Investments
Positions Mentioned: TSLAQ
October 11, 2018
Published by Kuppy at October 11, 2018
Categories
Last week, US interest rates completed a multi-year reversal pattern and broke out over a three-decade downtrend line. I believe that interest rates move in generational cycles and the chart pattern has now confirmed a long-term trend towards higher interest rates. This trend is across the entire US duration curve and appears to have been followed by similar moves in many other global benchmarks. Read More
Categories: Investments
Positions Mentioned: Aimia, Viemed, Tesla, Tidewater
July 4, 2018
Published by Kuppy at July 4, 2018
Categories
I originally started following Tesla (TSLA – USA) as I felt it was a structurally unprofitable business nearing a cash crunch as hundreds of competing products were about to enter the market. As I’ve studied Tesla more closely, I’ve come to realize that Elon Musk appears to be running a Ponzi Scheme disguised as an auto-manufacturer; where he has to keep unveiling new products, Read More
Categories: Investment Strategy
Positions Mentioned: TSLA
July 1, 2018
Published by Kuppy at July 1, 2018
Categories
Let me start with an admission; following Tesla (TSLA – USA) has taken an increasingly disproportionate amount of my time over the past few months. At times, I cannot seem to look away from the unfolding train-wreck. I think this is because Tesla combines elements of every major securities fraud over the past century; along with the frenetic energy of a penny-stock promoter lurching Read More
Categories: Investments
Positions Mentioned: TSLA
The Profitless Prosperity Sector Will Collapse…