Which stonks are you buying if any?

[Dr Mordrid]

Tesla did it by developing their own processors (running at a fraction the power of NVIDIA's etc.), installing a redundant pair in each vehicle, building a massive machine learning supercomputer to train & update the vehicles, and totally redoing their code base.

They're all-in, period.

They're also designing a $25k vehicle, and transitioning away from their skateboard chassis to a structural battery chassis based on the 4680 cells. Each cell container forms part of a honeycomb, and the front & rear components are one-piece castings of a propriatory aluminum alloy.

[dZeus]

Cashed out 50% of what was left (+$2.35/share from in point) just before it cratered. Keeping the rest now that their lyin' chair is gone.

Now waiting for Tesla's battery day. Sounding like tabless cells (much lower internal resistance) in a much larger form factor at ~5498 (54x98mm), ~10x the volume of the current cell, and a new pack architecture. Possibly a dry cell at well under $100 kWh. New & faster mfg process. Also, a million mile (long lifetime) battery.

As you know, I've been consistently bashing Tesla here, saying it's a rich person's car sold with government subsidies (carbon credits), and wondering how long they could survive without regular cash infusions.

After seeing some 'full self-driving beta' videos, it does seem that Tesla has developed something very impressive here. While cautiously optimistic, if full self-driving can muster the 2% of edge use cases better than the average driver (the next 12 months will tell us), then Tesla might have something extremely valuable on hand here.

Previously I thought that self-driving vehicles were at least another 5 years away, but perhaps we're much nearer than that. A company that produces full self driving cars has the ability to bankrupt Uber overnight, as they can run a taxi service while incurring only a fraction of the labour costs that Uber does. They could even sell to owners who then have the option to rent out the car as a taxi while they aren't using it.

[UtwigMU]

Intel had bad earnings and is down 11% for the brave. Sign of things to come. Narrow election result projected and post election chaos.

[UtwigMU]

IBM revenue down but the cloud/RedHat part is up 19%. Stock fell slightly but less than indexes.

NASA picks Nokia to build network on the Moon

https://finance.yahoo.com/m/91ed7a38-5597-3395-815c-debb3330befc/nasa-picks-nokia-to-build-4g.html

[UtwigMU]

girl-woman-where-did-you-learn-to-do-it-so-good-me-and-intellectual-trackpoint-lenovo-keyboard.jpg

I caved IBM is 50% of my portfolio again.

[Dr Mordrid]

Morgan Stanley is telling clients to watch Boca Chica because of its implications for StarLink deployment.

A StarLink IPO is a few years away, but when it hits...

https://twitter.com/thesheetztweetz/status/1316827720169525248

https://twitter.com/AirshipGuy/status/1316905678703857729

[UtwigMU]

IBM is down and I'm soon due for my quarterly purchase. Earnings date is on 21. October. I'm wondering whether to put some money into it or wait for elections and do research on another stock to add. My projection is that IBM will be worth more as the Red Hat part is very active and has big growth potential and it should trade closer to ~30 PE instead of 14.

My brokerage is suitable for buy and hold and I get hit with 27.5 capital gains tax if I sell so I need to buy safe long term stocks. (taxes fall by 5% every five years to max 10% after 15 years). I'll open IB account once I hit 10k in my main brokerage account to play with volatile stocks and options.

One of my friends who is in "accredited investor" bracket invested in Airbnb pre-IPO and is down. It's not for the faint of heart. Letting more investors in will make for higher swings in IPO.

MSFT is up to 220 (bought at 217).

[Dr Mordrid]

https://www.cnbc.com/2020/09/11/jpmorgan-trade-private-shares-of-mega-start-ups-including-spacex-robinhood-and-airbnb.html

JPMorgan creates new team to trade shares of pre-IPO giants including SpaceX, Robinhood and Airbnb

JPMorgan Chase thinks it’s found the next hot market for investors: Taking stakes in giant, pre-IPO start-ups from SpaceX to Airbnb.

The investment bank is launching a new team to connect sellers and buyers in the burgeoning market for private company shares, according to Chris Berthe, JPMorgan’s global co-head of cash equities trading. He’s lured Andrew Tuthill, a senior VP from trading platform Forge Global, to head up the new team.

“Many of our clients are looking at this as the next frontier,” Berthe said. “What do you do when markets get so high? You’re going to keep looking at value down the chain, and maybe that means getting involved in companies at earlier stages of their lifecycle.”
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[Dr Mordrid]

New report on Tesla Energy's US home power storage battery market share (PowerWall 2). The graphic says it all.

Tesla Energy is also big in utility storage, with a big battery array going in at an LA facility. Products: PowerPack, MegaPack.

Tesla Powerpack 2 sales share.jpg

[UtwigMU]

IBM to spin of infrastructure services, stock up 7%. Back to where I got it in January.

https://finance.yahoo.com/news/ibm-ceo-why-we-just-made-this-landmark-business-move-155500295.html

[Dr Mordrid]

When StarLink IPOs this gives an indication of the frenzy that'll ensue,

The New York Post reports SpaceX private shares have hit $340, for a market capitalization of $58 billion. This after the Washington State militia deployed StarLink for wildfire recovery, and their report of its effectiveness.

https://nypost.com/2020/09/30/shares-of-elon-musks-privately-held-spacex-soar-on-satellite-dreams/

[UtwigMU]

CRSR Corsair had IPO yesterday.

[VJ]

I hope you got SPI Energy...

https://www.nasdaq.com/market-activity/stocks/spi

[Dr Mordrid]

50/50.

GM will be building the Badger vehicles - some using GMs Ultium million mile battery tech, which sounds different than Tesla's.

Cashed out 50% of what was left (+$2.35/share from in point) just before it cratered. Keeping the rest now that their lyin' chair is gone.

Now waiting for Tesla's battery day. Sounding like tabless cells (much lower internal resistance) in a much larger form factor at ~5498 (54x98mm), ~10x the volume of the current cell, and a new pack architecture. Possibly a dry cell at well under $100 kWh. New & faster mfg process. Also, a million mile (long lifetime) battery.

[dZeus]

So emotions + FOMO + timing were wrong in my MSFT purchase. Also the Tik Tok deal hasn't gone to MS. Lesson don't be emotional. I'll just hold as MS will recover 10% eventually.

The brokerage I have has relatively high fees compared to US apps so it's more suitable to buy 1-2k and for long term holding. Once I hit my conservative stocks saving goal I'll open Trading 212 or IB account where I will put 5-10% of cash and play with more volatile stocks.

Does anyone have any outlook on Intel (INTC)? It's cheap ATM.

INTC is low because of years of struggles getting good yields with new lithographic processes, years of side-channel attacks because of too-aggressive-optimizations with their OoOE implementation, Apple moving away to in-house designed custom processors across their line-up, a lack of viable strategy for mobile/embedded devices and AMD starting to do really well on servers as well as desktops and mobile again (although they seemingly are constraint by fab capacity at this point, so the damage to Intel is somewhat limited). Unless Intel can radically fix at least some of these issues, it'd be a big gamble to expect a higher share price in future imo.

Don't feel too bad about MSFT, it'll probably recover at some point as you stated. I've been taken to the cleaners on my investment in IAG (British Airways, Iberia, etc.), taking a big gamble that Covid would only have a single wave and their fortress balance sheet allowing them to gobble up smaller players. Turns out that Covid was more than a single wave, and that IAG cares more about their fortress balance sheet than shareholder interest.