And apparently the airbags didn't even go off? I feel safer already

I’m scared every time i see a tesla near me.

More August 500 and 600 for me.

Musk is probably going to try and use the cred/publicity of the NASA launch to push battery day or a similar fraud. I'm not adding at this point.

almost went long shares knowing Tesla would trade on SpaceX accomplishment of something done 50 years ago, but i didnt

Yeah, the only thing new here is that Trump decided to fund a new era of space travel when he entered office. America loves a hero narrative though.

I'm not betting against Tesla while the market is ripping

astronaut doug and astronaut bob and astronaut stonkprice all successfully made it to space

Also this:

cool.

about to break 900 and i can't wrap my head around who's buying up here. is it all retail?

fwiw and i'm a permabear obv but i think we see a demand cliff in q2/3. model Y backlog runs out, which seems to be mostly 3/s/x owners/cult members.

although wouldn't surprise me at all if they post godawful q2 deliveries and stock stays above 700.

Retail + indexes as QQQ is 0.3% away from ATHs again. Possibly also Elon jamming calls to force MM hedges as well.

I think there are a lot of saavy investors out there that know Tesla is likely a fraud but also know that fraud creates alpha

Nah, it's just the below multiplied by millions of new retail pouring in:

lmao, agree to disagree, but still a terrific tweet

Tooth almost long! What a flip flopper

Perma anything on this stock is irrational.

While you’re here ChipBrick, you scoffed at my SpaceX launch take, which was bang on the money more than a month out. If you insist on being a smug douche, at least be correct.

Just not adding more short yet. You have to be mentally unwell to be long here except for scalps.

As for changing position, a stock that goes from 380 to 180 to 920 to 370 to 880 in 1.5 years, with bags to be made on each side, the correct position according the Chip is to stay always bearish or always bullish. You're as dumb as the bears, your side just happens to be up right now. When its down you will slink away again, long and hopeful as always, despairing at not selling at highs.

The clown school you came from had its collective IQ increase double digit points when you left.

Meanwhile, in the real world, this is the company you're long:

https://www.benzinga.com/analyst-rat...gordon-johnson

It will be below $300 again this year as sales fall apart, and you'll lament belong a loser holding at highs.

Pulled the trigger on 8/21 600p @ 16.15 today. I will add a few more if we run up from here

I said I wouldn't bet against Tesla while the market was ripping, and I lied.

i don't know if a bad q2 will change much.
the stock is detached from the fundamentals anyway and purely narrative driven.
people will just blame it on the pandemic, even though ev sales in markets like china and norway were doing ok.

yeah i think i agree. underlying issues like waning US demand and losing market share in EU can just be hand waved away by blaming covid. they'll also probably say look we sold every model Y we ever built even though they know the backlog will run out soon. it's difficult to know what's going on in China, i'm seeing both good and bad news pretty regularly.

i really do think EU sales are on track to get clobbered by competition and that is not reflected in stock price. my hot take is there's a not-terriible chance they scrap the berlin factory which would probably turn some heads.

Pretty sure if they have 2018 level sales and they lose 500 million the stock will tank severely, but maybe that is purely a pipe dream

they can keep the berlin factory narrative going without actually spending money there for quite some time simply by fighting regulatory and environmental lawsuits.

chose the perfect location for it.
their factory is a few miles away from that new berlin airport that took like an extra 10 years to complete.