Puts are the way to go "same principle". The ones that learn to follow the money have a better chance. My old average was 248.05, how foolish would it have been to smoke the hopium pipe? News moves the markets.
If the worst of the Twitter drama is over, which its starting to feel like, then its just broader market forces for the next leg which ever way it goes.
Nearing Lows. Shares are Under Pressure in Pre Market Trading Down 2%. I am Looking for Perhaps a Swing Trade Entry. Lots of News Out this Morning None of which Seems Positive. 1. Shanghai Slowing Hiring, and Reducing Hours the Factory is Open. 2. TSLA Shares may be used as Collateral for Musk's Margin Loans to Finance Twitter. 3. New CEO will be Tesla China Head Man. Fake News? -IndependentCandy14
Tesla denies a Shanghai slowdown. In the past, these sort of rumours have always been false and Tesla has always been honest. This time, the rumor is plausible but I wouldn't put my own money on it.
I will add that my confidence in Elon is diminishing. His mental health is questionable, with signs of manic depression. Having said that, I will still take elon over pretty much any other CEO out there. My confidence in CEOs is generally really low. Anyone who has worked in a large corporation knows the best performers are a bit unhinged. Somehow, they can operate that way for years.
The catl factory is taking shape but I speculate construction is 65% done. The foundations take a lot of time and they are long done but finishing and services also takes a ton of time. It will be several months before they start placing equipment in these structures. I'm not sure how this fits into the grand Tesla scheme. The new factory will make 4680 cells so it will help from day 1 but I don't know how much it will impace the production expansion at Tesla. No analysis from me on that. It could be the domino that triggers the release of the PowerWall v3. There was a rumor the PW NG prototype was done months ago but it has been conspicuously absent from being released.
Still waiting on the shakeout, got close but not yet. Tesla and Apple are the 2 main ones I want. Scratched Amazon off the list for now.
Interesting. I am not an expert on this, what signs is he exhibiting that lead you to this? Depression can manifest in many ways, do you feel his recent behavior since twitter is new, or has it always been there but just muted? Shanghai cutting production 30% here, there is an expected slow down in demand. https://www.reuters.com/business/au...utput-shanghai-last-week-dec-memo-2022-12-09/
Not much internet the last few weeks so I apologize for the slow response. Elon displays archetypal manic depression behaviours. Mood swings. Obsession. Worst case conclusions. I noticed this in 2017, when they were trying to ramp model 3 production. He was sleeping on the factory floor. When the model 3 ramp started going better, elons behaviour improved. It seems more severe, this time. I don't know about a shanghai production cut. Reporting it does not make it so. Tesla set a production record at giga shanghai in November. Of course, that doesn't necessarily mean anything, either. There are record number of Teslas pouring out of the port of Shanghai, even week. I'm skeptical of a 30% production cut but make non claims of knowing, either way.
I consider it fact that Elon has become a less sympathetic character, of late. By a lot. I expect his likeability decline will impact sales negatively. Does anyone share my perspective or perhaps disagree with this? A straw poll on elons likeability would be interesting.
Majority do, but its tough to get above the noise. Its more likely he was always this way, but had a PR team that crafted his public image. For what ever reason, this PR team is not around anymore and now he is just himself, which is perfectly fine because its probably liberating and he feels "free". Its good for twitter's page views to have all these old 4chan memes and Qanon vomit being posted, its definitely driving traffic, so I think we can all understand the reason he is doing this. Elon has quickly discovered that when he posts something to make fun of the libs, it gets massive amounts of retweets and interactions. This gets linked by all the news sites, which drives more traffic, then the constant retweets and interactions boost it even further. The downside here is that he has irreparably damaged his carefully crafted image from the past decade which was a big part of owning a Tesla vehicle IMO. Until recently owning a Tesla was cool because it was new technology, and the guy behind was like Tony Stark. Those days are coming to an end. There are plenty more EVs hitting the market and people have choices. Having the CEO owning the libs every day on social media might just have some negative repercussions on future sales.
That's the funniest thing I've heard in awhile, thanks for the free entertainment. My assumption is he's in a position that others can only dream of, tweeter is just another toy and some are still whining because he got rid of the dead weight that was weighing it down. Tesla has said from the beginning it would "and welcomes" competition, well documented facts. The opposing team has its work cut out and several are already scaling back. Debt is no longer interest free and with the economical impact abroad some of them are realizing its a uphill battle with a small profit margin. Hopefully the share price will keep dropping and stay volatile, makes some decent trading until a bottom is established.
Plant *idling* for Stellantis, 7 months ahead of the upcoming contract. Hopefully a retooling at that point.
Thank you for clarifying, T. It's an important distinction. I look forward to the retooling and interesting new production line.
