LOL

30$ green rocket because MS "upgraded" them from sell to hold

and because our hero is doing heroic things:

Lol at the sn in that first tweet

#2: China is lying
That's worst case scenario
We don't even have new numbers from Italy right now
Wat

sold a little at 422

in all seriousness, would it even be remotely feasible for a car factory to make respirators?

Not in a tent in the parking lot.

Depends on your definition of make. They can probably make respirators, but will the actually provide any sort of benefit? Seems unlikely. It's just a ploy to keep the factory open

Also my friend posted about this on Facebook this morning, so it's doing exactly what he wanted by spreading around and pumping the stock

Ventilators is just another one of those things the media and public are reacting to without having any idea what they are talking about.
It's quite a complicated device. So it's not just a question of how many you have but also who can operate them.

i mean i'm talking to factories making ventilators now, they are pricy as all hell and quite different from a car according to my "does this look like a car" sniff test but what do i know?

That 4 point argument is ridiculous.

1/ China says no new cases when the entire city has been in full lockdown for 2 months, and they did horrible things to achieve that, that would not go over well in the West (isolating the sick forcefully, knocking on doors and checking for fevers, checking for fevers at various checkpoints you need to get through to get food,...).

2/ Optimistic death rate is 1%, if whole world gets it, that's 77 million. In zones where flattening the curve doesn't help, death rate could move to a much higher leve, we don't know if that's 2% or even more since we don't have accurate infection data from any region that has become overloaded (unless you want to trust Wuhan numbers I guess).
10-100m is not crazy for pessimistic scenarios of what could happen if this spirals out of control.

3/ Italy death graph is not leveling out at all: https://www.worldometers.info/corona...country/italy/
I really hope it starts happening today, though.

4/ We have vastly different societies than China/SK/SG and they are not back to normal. Very strict rules are in place and one of the differences between China/SK/SG and the EU/USA is that very little people break rules that are in place. Until we have idiots like EM shouting this type of crap, that's not going to happen here (if at all).


This is being retweeted by someone that a lot of people consider one of the most intelligent people alive.

Just waiting for Musk to tweet that they will have have capacity to produce 5000 ventilators/week by mid April.

5000 autosummoning roboventilators per week

Roboventilators that can be hauled via Uber and don't need any human intervention!!!

Jason is freaking out because highly levered PE-backed/VC type companies that burn through cash are getting private valuations SLAMMED right now

Musk is as usual lying.

THe actual ventilator manufacturers are ramping up production though.

model 3 robo taxi with built in ventilator imo

dying of lung failure? have a robo taxi ventilator autonomously summoned to your front door!!

AI doctor included

Fast forward 3 months. You're laying down on a cot in a packed FEMA camp hooked up to a Tesla™ ventilator. It catches on fire and you die from third degree burns. Musk tweets that he's looking into it.

i would have assumed the burning was a not a bug but an anti-pedo feature

I don't think a bankruptcy is in play. Possibly ever. Too many big names and politicians who would end up with egg all over their bodies. He's fleeced states for absurd amounts of money. He even got China to play ball.

Grim did make one decent bit of analysis. You kind of sound like zerohedge sometimes lol

I'm honestly afraid to buy TSLA puts because the stock isn't tethered to reality. Maybe he gets a pump from some ventilator production BS in the short term. And I think many of the retail baggies who are supporting the stock have jobs not directly affected by the virus, and no matter what they'll keep contributing 5% of their paychecks every month to TSLA at any price, irrespective of EBITDA or lawsuits or deliveries or anything. I said years ago that Tesla is an identity, and the stock reflects that. It's hard for me to imagine the money flow ever stopping—cult of wealthy retail stockholders, venture capital stars who love Elon, government leaders who love Elon. How long has he been selling cars for thousands less than they cost to produce? And the stock still trades at fantasy valuations.

For the TSLA holders who have some concern about the underlying reality, Q1 can be excused because of the virus. Probably Q2, Q3, and Q4 as well. So you can't really use earnings of deliveries as a catalyst. And Musk will have some new grand promise coming up—Model Y production, the truck, a new factory in India, whatever.

I just feel like this stock is so absurd, and manipulated, that betting on its demise seems like you're asking for it. It was a clear-as-day short at 500 a few months ago... until it magically skyrocketed up to 900 for absolutely no ****in reason.

So anyway, best of luck to all the shorts. I hope justice prevails. But I'm not confident I won't get burned betting against Elon's racket.

Just to point out how absurd the tweet is that musk highlighted, Italy has 5300 new cases and 425 new deaths today. Both increases of 12+%

And Italy is mostly only testing worrying symptons.
And critical patients continued to increase.

Both those elements make it unlikely that death rate will improve tomorrow, most likely still >400 deaths tomorrow. I hope I'm wrong.

If we're being optimistic here, Lombardy, the worst hit region, will end up with >5k casualties.

Convert that into the USA population and it's 160k casualties. And a multiple of that that will require medical care. I hope the USA takes extreme measures soon .

It's also not unlikely at all that Lombardy's total deadcount will end up significantly higher than 5k.

The US has taken fairly extreme measures already. My state is on lockdown, no bars open, restaurants only allowed to do delivery and takeout. Pretty much a curfew in effect. I haven't seen roads this empty in 15 years