Discussion in 'Markets & Economies' started by mmm....shiney!, Feb 25, 2015.
Tesla just took another massive loss for Q2. The jig is surely up?
Interesting interview with Bethany McLean on RealVision, including a snippet on fraudster/genius Elon Musk.
So... I'm not long or short in Tesla (apart from maybe via Super)... but this is something truly staggering....
I have been watching this lately wanting to buy some put options. Parabolic straight up chart patterns always correct, eventually. Usually sooner than later. Think Bitcoin going up to $19000.
Either those in the market with deep pockets have the inside info on Tesla, or for those Australia's old enough to remember (or know their share market history), it's a Poseidon bubble.
Elon is a truly disturbed person. The only thing more messed up then Elon, is the current market.
The nerdiest kid becomes popular!
It's just a short squeeze caused by all the recent good news. Tesla had the highest short position which is coming off somewhat in recent days.
Haha, that chart will annoy a lot of people here, just like all the other charts that are not silver
One thing I find annoying about the chart is that obviously the Wall Street scam is making some people very rich.
They don't even get the US federal tax rebate anymore. It was phased out over 2019.
2019 net income -$0.827 Billion. Over $4.4 Billion the past 5 years.
Is Tesla share price correct?
If you believe that 30% of all the cars in the world will be a Tesla than the share price is cheap.
Echoes of dot com. Probably the very same kids burned on Bitcoin have been moved all too easily to Telsa. The social media hype of it being the next paradigm is almost identical.
I would actually like to be wrong however I note the internal combustion engine still has massive efficiency headroom (old Barra engines are over 400kW per 1000cc). I also remind myself that battery cars and buses are as old as petrol power but world war 1 put an abrupt end to battery power.
Maybe this had something to do with the share price, even though everyone knows it will never happen. A stupid headline is all that is need for markets to buy these days.
No point producing 70% of all in the cars in the world if Tesla can’t turn a profit.
Do algos also trigger buying frenzies?
An asset bubble here, an asset bubble there. Asset bubbles within asset bubbles.
Thanks guys: https://www.wsj.com/articles/demand...rk-fed-injects-nearly-100-billion-11578409629
Definitely would be assisting the short squeeze, but surely no algo would be buying under the current price trend??
Genuinely interested to hear from someone who's familiar with these systems.
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