I think I mentioned this earlier, but this isn't a short squeeze. Short float was only 14% back at 100b for a nominal value of 14b~16b, but 12b of that has to be convert hedges for the outstanding converts. So there is no hedge fund out there to blow up on this name at this point.

The price is just being jacked up by momo traders ping ponging it back and forth and retail. Or as some people suspect, it could also be massive hedging from Saudi money after the Aramco IPO to buy green stocks. This won't end well.

I imagine the stock will collapse when the convert holders convert and dilute the shareholder base to close out their hedges.

Ford market cap at 35b compared to 140b, so more like 700 to 175 if they had same amount of shares.

With its market cap, positive cash, and positive fcf, TSLA could get on the sp 500 and get sweet index fund money by the end of the year.

Excuse me? What's with the personal attacks? And what do you know about my world view? who is disagreeing with this so called "deranged world view" you know absolutely nothing about?

Where are the mods....

lol

WorldBoFree gets a day off for being the worst poster on this legendary TSLA day

How many people in here thought something like today would ever be possible? This has really adjusted the confidence levels I apply. Maybe something like today was correctly viewed as an 800:1 longshot last summer. Maybe it was far more likely and I just got things totally wrong.

I am not that surprised. Not because I think Tesla is the most amazing company. Stock prices are decoupling from intrinsic value. In such a scenario the market is god, and the market is uniquely enamored with $TSLA.

The bears may prove to be right about Tesla as a company, but that is an independent variable from the stock, in the short-term.

"Markets can stay irrational longer than you can stay solvent."
- John Maynard Keynes on cryptocurrencies (2017)

Was this from a seance?

Yes. Bears love to mock bulls for being a cult but the truth is they are right.

This should be good for another pump or two (17 fps tho)...

Tesla's self driving algorithm's overlay [video]
https://www.tesla.com/sites/default/...ot/network.mp4



Overlay should include a stock ticker imo.

I'd have said "glorious" but legendary works too. And the winning continues: Two articles today about how Musk had a greater bounce in wealth this decade so far than Bezos, and that Musk got inside Bezos' head. Must be frustrating to be a real businessman and see a conman taking billions in tax dollars for his factories, then get humiliated all over Bloomberg for it:

Behind Amazon’s HQ2 Fiasco: Jeff Bezos Was Jealous of Elon Musk
Greatest money hustler of our generation.

will we ever see somethign liek this in the next 25 years?

My money is prolly not but the **** do I know

Me, and I was going to put $200k on TSLA at $220. I know I whined here a fair bit but if ToothSayer didn't reply to my post, I can honestly say I would be $500k richer on paper today.

You could have joined in at any time tho.

When you posted you wanted to get long I figured TSLA was about to crush.

No you didn't. You had a thesis that Tesla was "far ahead" in AI and had a decent chance of bringing autonomous driving to market, which was comically false and basically falling for a Musk con, and I pointed out why. We didn't discuss the rest of Tesla, you didn't put forward any thesis that has actually happened. In fact your thesis was completely disproved in the conference call last week, where Musk basically admits that their autonomous driving project is a disaster.

You even said you'd wait a week and then get in, after which it dived to $180. It's interesting to go back and read our posts.

Does making money on a silly/wrong thesis count? Not sure. No one here called this turnaround to these levels. No one had the thesis:

"Tesla will fail horribly at their autonomous driving pump, which is a pure con, but their sales will pick up somewhat off deep "demand death lows", but only with revenue and profit still down YoY. They'll also pump China without actually selling cars there, and the stock will soar to $700 in 6 months when these mediocre events happens"

No one had that thesis. I was actually the closest talking about how demand death turnaround could get a sustained run and it was time to cover/get long. And I only thought to $270 or so.

I mean, perhaps you had a general thesis in your head that Musk will "pull a rabbit somehow" (you have a good spidey sense for opportunities), but everything you posted was based around falling for the autonomous driving con.

You:

• $TSLA is a good long-term short (iirc around ~$400)
• short $TSLA 1 Jan 2020 in trading comp
• elsewhere predicted $TSLA will tank in 2020 (70% confidence)

To your credit, you mostly avoided the age old mistake of mentioning a price and a date in the same sentence

Good God man, the trading comp? Really? That's a joke and for a year. Jan 1 Tesla short will be deep green in a year.

And sorry dude, but I did exactly what I claimed - the only person arguing for long/a turnaround at lows. Here are the posts when it was sub 200, me arguing extensively with the bears. I argued even more vehemently in private.

I was arguing for long/cover short $30 below Alex's entry price by the way

So yeah, I was bullish/very anti-short at the bottom at $190 well up into the 200s. I started thinking Tesla was a good short in the 400s, liked it a lot in the 500s. Now it's a screaming short.

Not sure why you spend time disagreeing with me on my record last year. It's pretty damn good and I talked about it honestly. The point is that no one had a sane thesis that it would reach these levels, the strongest arguer for a turnaround/cover short at lows was a bear (me) and it was on a solid thesis that actually played out (unlike Alex's "Musk will kill FSD" lolthesis). And even I didn't think they'd get much above $270 or so.

Not disputing what you did on the way down (have no idea about that).

Was only talking about the run up.

I still think Tesla has a decent shot in FSD, even after the earnings call + ARK saying 70% chance it fails.

That was on the way up, on the way down I was bearish from $300 down to $190 then flipped bullish/cover at $190.

What makes you think Tesla has a decent shot in FSD? They've proven time and time again to be completely incompetent in this field. Musk just admitted to a "foundational rewrite", which means they don't have a functioning base. It takes years to perfect simple desktop software, let alone something as complex as FSD which will take 5+ years from a "foundational rewrite" to autonomous robotaxis. Just how the world works, man.

Let me put it this way: if Musk hadn't fraudulently claimed that they'd be "FSD feature complete" in April last year when he needed $3.4 billion in bond offerings as his company was in deep ****, would we even be talking about this? The source of any belief that Tesla are anywhere is Musk's pure lies, for whom you're still kicking the can down the road even as he comically misses his own timelines while shifting the goalposts from "very likely" to "non-zero".

Tesla are dead last with no path to anywhere except some unsafe gimmicks.

Tesla fundraising tactics/PR are irrelevant and I do not endorse those.

I believe Tesla has a shot at being a front-runner on technical execution for FSD. Because reasons. Not a lock, but a good shot.

btw, not a personal attack, I frequently agree with you, and appreciate your insight, just looks to me like you might have a blind spot about your track record in this instance.

These are Tesla's paths to FSD:

1) Raise billions and hire a competent FSD team to rebuild from scratch with LIDAR
2) Use insane stock price to acquire a competent self-driving company

That's it. There's no reason they can't do either of those things, but they might as well start now if they're serious about FSD.

TL0 in Frankfurt is trading up another 8% at the moment

13:00 volume coming in, sitting at +$63 in premarket