This is my favorite bit:



Especially juxtaposed with this:



Got to hand it to Musk, a $250 billion fraud that saved his near bankrupt company has got to be the con of the century.

It’s pretty clear fraud pays right now, hertz and kodak were so blatant (hertz might not have broken any laws tbf)


Imagine the small cap ****, whats the point of being honest?

about to bust through ATH. should have expected another +8% day

Go go Papa Elon

TESLA gonna Mars....$2000 by end of week

Tesla has surpassed $1800

Bears ITT now so shook that MS paint jobs on custom charts and cartel conspiracy theories are coming out.

You love to see it.

FYP

hey now, the conspiracy theories have always been here

Over the next 10 years, how many cars at what profit margin would Tesla need to sell in order for the stock to be worth $1,800?

Depends on how many more +300 sklansly buck splits in next ten years

I am a bit shook tbh. Currently my 1 2021 tesla put is down 400$. Unrecoverable losses.

I just think the whole situation is a bit strange. They were an EV company on the brink of bankruptcy. They told the world they weren't an EV company any more, they were a software ocmpany that would deliver FSD within a years time. Not only did they tell the world they were a software company that would release FSD within a year, they told the world Tesla cars would be appreciating assets that would be producing customers revenue right now. That time is now. Not a few years in the future, not 10 years in the future, literally right now.

They have now delivered on exactly 0 promises. Nothing he promised has come true. In fact, the whole FSD thing has been completely swept under the rug. No one is talking about it, no one even cares anymore. We now believe that battery advancements are going to be the hot ticket item that justifies their valuation? Why would you believe that? He hasn't delivered on a single promise. Meanwhile, the stock is up 8x or 9x, whatever it is. Their sales haven't grown, their FSD hasn't progressed, so, why is the stock up 8x/9x? Can the bulls give a rationale that doesn't involve what are clearly lies regarding FSD/Sales growth? China? You guys think selling a few cars in China is going to make them deliver FSD?

Just read the posts on WSB and see the bull mindset. They don't actually think about anything except the stock price. Some guy was touting Tesla as having the best tech and best service and leading the industry in FSD. What? Their EV tech is nice, but they were on the verge of bankruptcy as an EV company. They haven't delivered on FSD promises, and independent research shows they aren't even in the running anymore on that end. Their service is a complete joke. So, what is the actual reasoning bulls think the stock is 350 billion valuation at 850 p/e?

I mean, the stock bleed off 300$ over 3 weeks and was most recently saved by a stock split. Its up 40%in a week because of a stock split.

And the ms paint too!

Honestly, renaissance tech getting in for big bucks was the tell things could get crazy. Huge sales and purchases both ways there.



https://amp.ft.com/content/8d2ac71e-...1-482eed0038b1

https://fintel.io/so/us/tsla/renaiss...chnologies-llc

I'm buying more tomorrow.

After split stock price gonna be 1k by Christmas book it.

Alllll aboarddd

https://twitter.com/schuldensuehner/...865572354?s=21


https://twitter.com/schuldensuehner/...782773761?s=21

Yes the market can be pretty irrational - but TSLA does make some really nice cars. Also this stock is gonna go nuts after it splits so just buy it and profit. It's just a bunch of people fomoing in, why would you miss that rally? It's too late now most likely but easiest money ever when they announced a split.

Thats such sucker thinking.

I remember when UA did a stock split while they were still surging and I thought the same thing, then took a bath. Typical stock split is like +2% then flat-down after slplit for year+.

DJ, I have no issues with you as a poster, but you post a lot of **** that I read and say to myself, boy hes running hot as ****. I know because I've thought the same thing or made the same plays and had it blow up in my face, and you seem to just dodge knives constantly.

I'm glad I was at least smart enough not to chase my losses buying TSLA puts but goddamn it's tempting to get back in. I just have to keep reminding myself that I've been thinking the same thing for the past 6 months and would have gotten killed had I acted. There's some comfort in knowing that when the bubble bursts it won't happen all at once. The stock could drop 50% overnight and still be wildly overvalued. Whether that's the time to buy puts or not I'm not sure.

I bought a weekly put when they were up 9% for the day, an hour later up 11%, decided to just salvage the loss and was surprisingly only down like 10% on it.

On what basis do you believe the bolded? People with $400 to their name but not $1900 are suddenly going to start buying?

So what's after the stock split? Their market cap must be an amazing asset to make some crazy acquisitions that will extend the fairy tale a year longer.

Anybody sees major M&A coming?

Also Tesla is now up 100% from its pre-C19 peak.

The only other major manufacturer I could find that is up higher than it was before the C19-dip are Hyundai (up 20ish%) and Geely.

Tesla up $70 pre market.

Is it passing 2k today?

You are looking at it all wrong. The underlying fundamentals are literally irrelevant now. It's just a pure meme at this point. A $350B meme. If dogecoin can be a billion dollar meme, there's no reason TSLA can't be a trillion dollar meme. I accepted this fact a month or two ago and it's given me way less heartache about my puts that are now worth less than a penny.

over the huge runup i sold out of a good chunk of my jan 2021 puts for losses ofc. still feel like it crashes back down to earth sometime but who knows when and who knows what "earth" is? seems not great to buy options more than a few weeks out. puts when stock was at 1400 seemed like a good idea, but now they're shot a week later bc lol meme stonk went up 500 on nothing.

the majority of the bull arguments i see nowadays are boiled down to "stonk price bro". recently it's if anyone even hints that tsla is overvalued, tons of people will respond with a challenging "short it then."

and tbh the "stonk price bro" argument is actually pretty persuasive. the massive OTM weekly call buys and the ridiculous +50 premarket bids crush any argument against stonk price.

i still think competition is going to hit tesla hard, mostly in EU and somewhat in China (probably not much in lol USA) but will it matter any time soon? unlikely. as coordi said nobody is talking about cars or FSD or even cybertrucks anymore, now it's all battery whatever and powerwalls.