How has there not been a recall issued over all these cars spontaneously catching fire???

https://www.youtube.com/watch?v=SiB8GVMNJkE

Closing below 180 significant?

Wouldn't a recall be bankruptcy

anyone have more short term price targets beyond OTCs?


i took profits on some of my shorts today in 178s.

I have a bunch of reasons for it, but from a long term perspective its a clear short. Now I have a larger concern for a temporary relief rally that I want to avoid and take advantage of.

But I'm wondering if any of those reasons even matter given the disaster that is tsla currently, can it really just drop straight down to 50 from here? It has dropped basically every day for a month now... (I don't base my trades off of that obviously, but still is pretty interesting.)

What would cause you guys who are short stocks or options to exit your position?

Hard to believe this was less than four weeks ago.

Getting more and more worried by the day.

and i'll be scaling back in the tsla short soon.

ok 5% is good enough, im back in.

I'm not convinced there isn't another 5 or 6 dollars up somewhere in here. Haven't adjusted my weekly at all, though my instinct is that this is top for today.

Probably just going to stay patient

I don't understand any of this reasoning. They delivered 14K Model 3s in May, up from 10K in April Even though demand is still in the toilet, and Europe is comically bad, that kills the worst fears of the demand death narrative for now. June will see a big pull-forward of demand as well from the loss of nearly $2000 in tax credits on July 1. In addition, they opened to a number of new smaller markets last week.

**** it im adding a bunch more at 190.50.

Long, I hope.

Is everyone short? If they hit 80k deliveries I don't see any reason why it can't pump back into the low 200s. 250 seems kind of out of reach (300 iron cap with the latest raise structure)

meh, price action sucks. im putting in stops and leaving until the close. gl.

250 would be an absolute gift imo.

It’s likely all SR+ leasing, the demand death is likely worse than most think


Agree on big pull forward in June, still if you have the capital, naked short is likely good money and some crash nov puts

Someone talk me down from loading up on $205 calls

Selling the calls?

Buying

Why didn't you do it at $191 when I was telling the short adder (who didn't listen) he should go long? That was the sane time to do it. 6+ baggers.

As for now I think you're quite +EV with quite a bit of risk given the weak market to take calls now. In a strong market I'd load up to the platinum grills with calls.

talking out of my ass, but i think we pump through june. this leaked call is pretty lol. the bears say the call basically confirms europe/china demand death, while the bulls say no demand death anywhere ofc.

i'm going to look to pick up a few more 150ish jan/jun 2020 puts at some point this month. i think either a) they miss june hard and stock tanks; b) they get close to the 33k in june and stock pumps but pulls forward all demand and demand tanks hard in q3; and i guess c) there really is no demand death and every month from here on out is 33k+ US in which case i'm ****ed but whatever

I still didn't really believe at $191. Even given Tuesday's price action. I've never been good at calling tops/bottoms, so I tend to not bother with it usually.

At any rate, I only bought 1 atm call at the open. I made some money on a SPY call from earlier this week so kind of feel like I'm free rolling at this point.

It's not about calling the top or bottom, or price action, or anything else, or even understanding fundamentals. It's about understanding the psychology of the minds that trade Tesla. This is one of the reasons I spend so much time talking to Tesla cucks on here - the bulls are cucks and understanding cuck behavior gives you insight into what they do with their money and when. The shorts are too when they're too stupid to spot a major narrative change/death of the short term bear case even with a bear telling them to go long. The morons are now contributing to a short squeeze.

The cuck mind is a valuable thing and the $ value of its predictable actions can't be overstated. Thus your trading should not be looking at price action, but should revolve around the psychology of the cuck mind. You need to get to know it well to know how it behaves and how it reacts.

Look at $420 funding secured - any sane market would have dumped to <$300 instantly on that as they did the math given what we knew and what Musk said. But cucks like heltok, Bulthari, etc believed in Musk with their soul, not even considering that it could false (in a typical cuck reaction) and so they bought/held, keeping the price up so the smarter shorts could get in.

This is where the alpha is, not in your incredibly stupid lines on charts to track price action, which will reliably make you overtrade and lose money year after year after year. How many years of losses and me continuing to tell you this will it take before you become not an idiot yourself?

I don't trade with trend lines, MAs, or any other "lines on charts", and haven't done so in years. Just clean bar charts. The only indicator I use now is a volume indicator.

Stop using the word cuck, it was funny the first few times but it's like an obsession you have that does nothing but degrade your arguments.

Also stop lecturing Candy when it's obvious you didn't buy calls, he's actually trying to trade and I at least appreciate his vulnerability sharing his ideas.