How strange that Tesla didn't even bother to submit a public comment to the NHTSA regarding the rules for autonomous vehicles. I thought it was the pesky regulators preventing FSD from being released?

https://www.cnbc.com/2019/08/30/gm-l...r&par=sharebar

Also, I don't set automatic stops; I get a price alert and then watch to reassess. So I have kept the sized short in place. As long as it doesn't close above 226.50, I am cool with it.

As I said in private chat, the China news is good and deliveries have a decent probability of being good (Europe is doing nicely since the boats have arrived). Shorts are maxed out from shorts available on IB, which is a fairly good proxy for actual short activity. If InsideEVs come out with great numbers on Monday/Tuesday, you're gonna get musked.

That could be. My take is that they have no institutional buyers left that want to buy in size, so the intraday price action is solely dominated by algos, retail, and dark pools selling into retail. As such, algos are going to follow technical analysis (although I know you despise that).

Technical analysis appears to have everything point downwards. 50 weekly moving average crossed under the 200 weekly (the ultimate death cross), and we also have qualified downside on DeMark indicators from a 13 (another ultimate death signal). The above is negated if we close above 226.50, in which case yes, we probably fill the earnings gap back to 260.

I'm assuming that the algos are making technical analysis real in the case of TSLA.

despacito got me thinking earlier about Musk and his intelligence. I don't know if Elon ever had above average IQ or EQ or if his wealth and business success is due more to his privileged background and sociopathic tendencies...

BUT

he has clearly lost the plot at this point.

I've been following him and Tesla for close to two years now. Obsessively for the last year.

Elon has not said or written anything interesting or new in that entire time.

In fact his themes and specific messaging are incredibly repetitive. He has three basic themes:

-we are in a simulation so nothing matters
-we need to become a multiplanetary system before we ruin Earth
-AI is going to replace humans. machines that build and code the machines

Its all incredibly depressing for one of the supposed leaders of our society and culture.

Listen to him here. This is supposed to be the genius of our time? Ma can't believe it:

https://twitter.com/neweconforum/sta...842649088?s=20

Is he ok? Something is off there from his usual.

as someone who listens to all their earning calls i'd say he's always like that.

Its possible he isn't a sociopath, hes just an autist who couldn't handle fame, and this slide into depressing nihilism is a coping mechanism to his repeated lies, failures, and potential frauds.

Just a guess from someone who knows a thing or two about depressing nihilism

Wut?

Ma's reaction is priceless. "We don't have much time to solve whaaat??"

Drug depression? Overwork depression?

Usually guys like Musk - with small broken brains who overcome their manifest cognitive inabilities with sheer willpower (and Musk for his stupidity and narcissism has tremendous willpower which is a huge credit to him) - have nothing left when their youth fades, because they've never built a functioning structure that can survive the loss of what little fluid intelligence they had to begin with. That's pretty much what we're seeing here I think. It won't get better.

BFI thought leader: do you think you are more intelligent than Elon Musk?

(this answer should be fun)

Ma tried and failed to write front-end code for the Alibaba web app, he's a smart with business and finance, and extremely well connected, but he's not in the same league as Musk on technical matters.

Musk has been called brilliant by some of the smartest people on the planet.
He got into Stanford's graduate applied physics and engineering sciences programs despite not having enough interest to stick around for even a week.

The evidence indicates Musk is a very smart man by any reasonable standard.

Ma on the other hand failed to do some what most people would consider pretty basic coding tasks. Before that, he struggled to get into any university at all (which only required a passing score on an exam). It took him four years to score well enough to get into one of the lower ranked universities in China.

A combination of ability to speak English (very rare for his generation), high EQ, and just being in the right place at the right time are the key ingredients to Jack Ma's success, not IQ.

Did Ma fail to code or did he realize he can pay other people to do that while he does higher ROI tasks?

Some interesting data from Norway which should make the irrational Musk cult devotee despacito cringe a little.

Firstly, let's recap. Despacito/Musk claims Tesla cars are safer. I claim they're obviously more dangerous and that multiple reliable data points support this.

- We have reliably sourced data of Tesla deaths where people are dying at 3x the rate of comparable modern luxury cars. Despacito's response is to claim that deaths sourced on each line to a reliable news source isn't a valid source.

- We have US accident insurance data that shows that Tesla cars have both a higher claim amount and higher claim frequency. Despacito's response is to claim that this is a conspiracy and its all a lie by insurance companies to push up premiums (why don't they lie about other cars to push up premiums, of which there are far more and which they're compared to???)

- We have evidence of the extreme dangers of autopilot - decapitating people because it can't see giant trucks blocking the road that have high clearance, swerving randomly with lens flares and light changes, "truck lust" as Tesla owners put it, getting confused by lanes and slamming into concrete highway dividers.

Now we have Norwegian data out from last year showing truly shocking Tesla crash statistics:

https://www.elbil24.no/nyheter/elbil...-mest/71498210

The cliff notes: 20% of Tesla cars were involved in an accident last year, as compared to just 9% of normal cars. This is doubly shocking because Tesla cars are late model and luxury which tend to have far fewer accidents than average due to wealthier, older owners and more advanced sensors in newer cars like automatic braking and collision avoidance.

Let's see the clown/conspiracy theorist despacito claim that this industry data (which mirrors what we see in the US) is "made up" as well.

Just quoting this cuz it can't be overstated what a huge deal this is assuming it's accurate, and I don't doubt that it is.

If you (Elon) insist your car is the safest of all and refuse to release accident data, but it turns out it's by far the most dangerous in its class, that is the worst possible kind of fraud. Literally killing and permanently injuring countless people to enrich himself under the guise of saving the world. Elon is the archetype evil supervillain.

What % of accident is related to absurd 0 to 60 ? I d be surprised if "inexperienced" drivers weren't more dangerous because they are careless with some insanely powerful car.

Irrelevant. The claim (by Musk and despacito) is that Teslas have fewer accidents. The hard data we have from two major countries now shows they have substantially more insurance claims than an average car (let alone a modern luxury car), AND have at least 3x the death rate of comparable modern luxury cars as measured by 71 Tesla deaths that made the newspaper. We know at least some of those deaths are caused by Autopilot (there have been two decapitations and a pulverization when autopilot led the driver into a concrete barrier instead of going straight) and given that Tesla controls all the data on whether Autopilot was engaged (and is a company that has committed major lies and fraud), this is possibly very underreported. Do you think the only autopilot deaths are the two high-spectable decapitations and the pulverizing of an Apple engineer that hit mainstream news? Basic probability analysis will show you they're likely to be a fraction of autopilot caused deaths.

It's possible but it doesn't pardon the data. Enabling insecure morons to crash at ultra high speeds isn't exactly a noble cause.

Sadly it's not only tesla enabling morons but ev acceleration is even more dangerous

I don't think it's completely irrelevant. If they're marketed as the safest car and are actually extremely unsafe because of the acceleration - and if that can be demonstrated by logged data (ie. regular mode vs chill mode) - I'd bet that would be grounds for another very expensive class action lawsuit.

I know the idea of suing because the car is too fast is kind of absurd, but Elon invites it by constantly claiming the car is the safest. It would be particularly compelling if it was shown to be among the safest in chill mode but a death trap in regular mode, in the absence of a disclaimer.

Tesla are supposed to be fairly safe as if you crash in one you are more likely to survive. More likely to crash because it's fast wouldn't be less safe in a fast car context.

Overestimating the autopilot because of musk on the other hand seems more likely to work in a class action lawsuit.

I'd agree if Elon marketed it as a sportscar, but he markets it as *the* safest car you can buy. If it's getting in more than twice as many accidents as the average car, it's not the safest car.

Just want to confirm I have TS logic down right.

We have two cars: X and Y.

X has a lower fatality rate per accident than Y (ie. you are less likely to die if you are in an accident).

X accelerates faster and has a higher top speed than Y.

We should all be outraged at X and also short its stock.