If I knew how stocks would behave in the short term I would be a billionaire already. All I do is manage the size of my long position and gradually cash out profits.

Its all about the virus in the short term, and those numbers are starting to look really bad.

Going to close at exactly 900 this Friday?

Close. It's $100 for the week so you're not gonna hear me complain.

What I've always wondered following this thread over the years is this. Even if you guys are right about all the possible downfalls of Tesla (and I tend to think so) 99% of the population seems to think Tesla is this magical green saviour that will save the earth with their innovations e.g. I work in politics and my partner in medicine (in Germany). All our coworkers and friends/family all seem to glorify Tesla/Musk without really having looked into the matter. Now I'm saying this bc these are smart people compared to the average person. So at the end of the day am I correct in assuming that even if Musk is the fraud we assume to be and all, does it matter if the vast majority of people just blindly follows? In short: How does Tesla actually manage to completely "fail" at this point?

Tesla has all those things working in its favor and it still manages to lose money.

There is a very real chance that doesn't matter and the company eventually becomes profitable after tapping the capital markets for another $x billion at stupid valuations.

But there's also a very real chance Tesla goes down hard in the next recession, and we're about to hit a big one.

https://www.reddit.com/r/RobinHood/c...y_can_someone/

As always, the truth is somewhere in the middle. Don't take the zealots on either side seriously and think for yourself.

The truth isn't in the middle. Musk is a fraud whose fraud is working (just like Elizabeth Holmes was a fraud whose fraud was working). FSD "feature complete" by the end of last year and "1 million autonomous robotaxis in 2020" was a pure deliberate fraud, the greatest con job yet, and unlike previous fake projections has a true "moon" thesis in it that people could get excited about and see 20 baggers in by 2030. That moon thesis combined with millions of people blindly believing Musk (and a friendly + paid for press) was worth a lot of this runup I think.

Autonomy day, if I remember correctly, caused like a $3 increase in share price. Also I love how you think retail money is responsible for this 5x.

Few were buying into the thesis with demand death in full swing. But once sales started turning around, FSD became part of the turnaround bet. I mean, you say above in your response that the company is basically dogshit at this valuation without FSD but it's the FSD moon thesis that keeps you holding. Alex Wice, who knows that Musk is probably a fraud, had his first interest in the company on the long odds of Musk doing FSD by end of last year. Heck, some people were even buying more cars convinced by Musk's bullshit that they'd appreciate 5x in 2020 when the robotaxis were out

And who said just retail money was responsible? They were a big part, but Theranos, Enron and Valeant were mostly big players/institutions. Institutions holding was the main support, and retail did the rest. Silly shorts who didn't get out of the way after Q2 deliveries then profit probably helped too

Millions of people don't have hedge funds.

By the way, I don't expect $TSLA to go down over time if they don't figure out full self driving. In fact I have it at a 50%+ in my model that they don't. It'll just be a whole lot less going up.

Interesting, thanks for the clarification. Always interesting to hear what people really believe (bull and bears).

Some law school students are gonna be tested on this in their torts class.

Is it foreseeable that some (almost every ****ing one of them) will attempt to inappropriately use their smartphone while driving a car? I guess that isn't a problem.

It's a problem outside the control of the car manufacturer.

serious post or Troll?


Excellent if troll

"hey guys don't play games while driving because this isn't an actual independent driving machine"

*idiot plays games on his phone and dies

Tards: "OMG TESLA HOW COULD YOU??!"

https://www.marketwatch.com/story/ap...tsb-2020-02-25

already shared but whateve

More like:

- Musk takes his hands off the wheel and looks away on TV and in demos
- Musk sells this as "autopilot"
- Musk claims that Fully Self Driving/"autonomous robotaxis" are almost here
- Marketing literature claims that it can drive you fully from highway on ramp to highway off ramp.
- Marketing literature claims it has full situational awareness, "emergency braking", "collision avoidance", and fails to prominently mention it's a certainty to slam you into stationary highway objects at high speed.

It seems Musk has both the SEC and NHTSA in his pocket. The NTSB ripped both Tesla and the NHTSA a new one, they went out of their way to do so. I can't believe the chutzpah that this piece of ****, Elon Musk, had in not responding to the NTSB to avoid future deaths. Got to get that FSD "almost ready" vaporware fraud money.

lemme guess, you identify as libertarian?

Apparently they emailed Model Y reservation holders asking (groveling) them to change their configuration to performance or LR 5 seat version to get their car next month.


Quite the backlog

Hand built prototypes Model Y at massive losses for a desperate pump so they can do the end of quarter hail mary "we're down dozens of K in deliveries this quarter BUT we're ramping to 1 trillion Model Ys/week next quarter and we just started delivering them".

Weekly OTM puts seem cheap here. Just got a fill for 740 at 3.40. I'll take a gamble with that.