Panasonic sells their Tesla shares...

Discussion in 'Stocks' started by Cabin111, Jun 24, 2021.

  1. Cabin111

    Cabin111

    Over two years ago I posted about owning Panasonic. Thanks for crediting me for being a pumper!! I think it's funny!!! Still laughing!! Here is one of my posts in 2019...Very boring guy here.

    I do not own a Tesla or Tesla stock...I do not have any options for or against it. But the one thing I do own is some stock in Panasonic. I have felt the gigafactory in NV was a wise move for Panasonic. Yeah, other companies are getting into the battery storage program. But, when I hear people are using batteries from totaled Tesla cars for home use, it seems there is something there. These people are happy with their set up. And yes, I would like to know what is stored in all those truck trailers on the NV site?? Just wondering on the joint venture, who owns what in the NV battery site? If someone could post something. Who owns the technology, who owns the factory, can the factory be reused for other purposes?? If it is only at 30% of capacity, could there be other uses for it...Solar/wind storage for home and business use? Thoughts...

    #2127 Apr 12, 2019
     
    #11     Jun 24, 2021
    cobco likes this.
  2. Tradex

    Tradex

    And somehow you decided to "revive" your fascinating Tesla/Panasonic story today, for some reason.

    Right.

    Thanks for sharing anyway.
     
    Last edited: Jun 24, 2021
    #12     Jun 24, 2021
  3. Cabin111

    Cabin111

    I get this picture of the SEC breaking down my doors...Grabbing my computer!!! Believe what you want...Still laughing...
     
    #13     Jun 24, 2021
  4. Tradex

    Tradex

    Relax Cabin111, maybe you are a good guy after all, as far as trading is concerned, who knows?

    And in that case. I sincerely apologize, no hard feeling I hope.

    Bye for now.
     
    Last edited: Jun 24, 2021
    #14     Jun 24, 2021
  5. Nobert

    Nobert

    Open minded idea, but, wouldn't whales work harder on fomo side, since they did not mention the split, as if it never happened.

    But then again, wrapping it up under the shade of ,,incompetence'' would be a great way to trick.
    And ofcourse people & me including, forget simple details like that all the time.

    Oghhh. Whatever :rolleyes:
     
    #15     Jun 24, 2021
  6. d08

    d08

    Level of paranoia is hilarious. Never mind that this isn't a rumor about TSLA shares but actual fact.
     
    #16     Jun 25, 2021
  7. lwlee

    lwlee

    TSLA fanboys are like a cult. I'm a believer in TSLA and long but the level of religious adulation for TSLA by the fan boys is too much. The Australian guy with the cap on YouTube. I had to stop watching after a while. Too much good "news" about Tesla every other day.
     
    #17     Jun 25, 2021
    Cuddles and d08 like this.
  8. newwurldmn

    newwurldmn

    Poorly written article. stock closer to 3000. There was a split (like 1 to 5 or something)
     
    #18     Jun 25, 2021
    betcashrun likes this.
  9. Exactly. Due to the 5 for 1 stock split Panasonic bought 7 million shares at $4.23 in 2010. The indicative proceeds from sales (430 billion yen) mean shares were sold in 2020 at around $555.
     
    #19     Jun 25, 2021
  10. newwurldmn

    newwurldmn

    so 27mm turns into 4bn (I didn’t look at the usdyen).

    plus I’m sure they got access to all sorts of technology.

    What a terrible investment!
     
    #20     Jun 25, 2021