Up 10 pre market, short squeeze?

ATH =)

https://twitter.com/elonmusk/status/848935705057280001

You can't put a price on crazy (long or short).

Might have cracked $300 today if it wasn't a down market.

TS your continued clown show in here isn't impressing anyone. I specified that early reports from members indicate that AP2 is now near or at partity with AP1. I could post 30+ user reports saying this to your cherry picked one.

On the contrary, it's impressing lots of people. The facts are on my side and the lies are on yours. That's why I post videos and you post nonsense.

AP2 works fine on straight, well marked roads, or in close traffic at lower speeds. To understand why this is a joke in terms of the state of Tesla's autonomous car development, consult BooLoo's post above, or common sense, or my GM video. It's a dangerous mess on curves, exits, or near obstacles outside of well defined movement.

In other words, it is a total failure still on doing anything but the most basic (solved a decade ago) driving problems. Despite being 3 months late. Everyone can see this dude, except the crazy Tesla fanboys. The videos are clear as day.

Chevy Bolt seems to be struggling with deliveries:
https://electrek.co/2017/04/03/chevy...deliveries-us/
Tesla has overtaken Ford in Market Cap, getting close to GM:

This valuation is insane, no other way to spin it. Elon mocking shorts is really clever (until the bottom falls out). Technicals look great until the market dumps and then they will be irrelevant.

The illusion of scarcity is powerful, fund managers are desperate for growth but when the trend reverses which kind of name are they going to be liquidating first? The problem with betting against Tesla is there is a fanatical support behind it that makes bearish strategies difficult. Plenty of retail will step in as it goes lower as we've seen on some of these recoveries over the past few years of trading.

The market has been going up consistently during Tesla's rise. It'll quickly go to $100 or less should the market crash/the economy have a recession.

You saw the same with the .com bubble. It kept climbing for years, and worthless companies with no business or prospects whatsoever rose into the billions.

What I would say about what's different in the market today vs .com bubble is a supply/scarcity issue. There were so many supposed growth names to choose from and now given most of the growth in tech comes from a few big players, you have dislocation (or FOMO if you will for clients in higher beta strategies/portfolios) in what multiples people are willing to pay vs historical averages. Imagine having a growth fund over the past few years and not owning Tesla in some capacity. Your argument could've been perfect but your clients will still be pissed lol.

Yeah I think you might be onto something.

TSLA & NFLX two of the best vehicles to ride the market down when we finally go into a bear market (this is one of the longest bull markets in history) IMO

along with some oil companies - HES & CVX

24% of the float still short..

i think they will split soon, like within the next 6 months. mom & pop investors really like stock splits. will give them anothers few % and then they can raise again.

A poster on TMC wrote.
While I don't think the 28% for M3 is likely, it sets the numbers in a better context.

ah, i get that. i think this could fix a lot of companies.
yeah someone should tell rolex they should just sell 40 times the watches they sell now at the same margin.

You can't have it both ways. Either Tesla is a joke now, their product sucks, they sell at a loos and their supply chain is a clownshow and thus they will have better margins in the future or you think Tesla works now and won't work at higher volumes.

Competing in the $100K/car segment on low volume, and still losing huge amounts of money despite being subsidized by billions from raping your investors (i.e they're not even financially successful doing this!!!! with a near monopoly!!), is a world apart from competing in the cutthroat, low margin, $35K/car segment.

You've got a false dichotomy there imo.

i think nobody argues about their core product. cars are great.

they basically have a monopoly at the moment selling high end evs to tech enthusiasts and people with lots of money. these people don't care about paying 10k more. the whole sector (high end evs) didn't exist 5 years ago. tsla didn't take their market share from the likes of BMW, Daimler oder Lexus, at least not noticeable.
but now they're trying to enter a price segment where there will be real competition. selling cars to people who have to care about money is a whole different thing. thus you will see margins shrink noticeably.

Lol

What's really funny to me about the story is the bull case conveniently forgets this company now owns SolarCity, one of the biggest cash burns on the street before it was acquired. You don't take on a failing solar business and say you are suddenly an energy company. Sure they use the grid but there is nothing revolutionary in what they do & that can't eventually be copied or bettered (arguments to be made that's already happening).

SpaceX is clearly the best Musk project right now because the barriers to entry are much tougher & getting the costs down on rockets and launches to the point no one else can go means they can achieve huge margins. I don't see that with Tesla, they have yet to prove they have anything proprietary that can allow them to push huge margins especially on the "cheaper" vehicles if most do by the base model at $35k without upgrades.

If you buy this company at this valuation, you better be prepared to lose most of your money. Using options makes a lot of sense & almost all of the retail in has profits and will think they can ride it forever. They won't be selling calls protecting their positions, that's why you have to do it.

Its easy when you're holding a belief and not looking at the subject objectively.

I absolutely agree and I don't agree with those margin assessments. I still find the arguments presented at times schizophrenic.

A bit of bull echo chamber, but there are so interesting points here: