Tesla: The Great Short

[sammyg2]

Originally Posted by sc_rufctr

How much did short sellers lose on Tesla?

Tesla short sellers have lost $8 billion. Jan 4, 2020 (www.cnn.com › 2020/01/04)

How about in the last two or three weeks?
Looks like the shorts did pretty well and those who were long lost $58 billion in three weeks.
It's gambling, nothing more.

[RWebb]

IIRC, TSLA is approx. 4x riskier than most...

[sammyg2]

Originally Posted by RWebb

IIRC, TSLA is approx. 4x riskier than most...

Yup, but big risk could mean big rewards.
or sometimes the opposite.

If I were a much young man I'd probably be all over it. If I lost if all I'd have time to get it back.

[RWebb]

Yup.

If he does what he set out to do he will run the world's energy and land transport sectors, by and large.

[David]

Come on, no comments on the video? What other car allows that much chassis adjustment with the slide of a finger?

[sammyg2]

Them shorters be all fools!
it's all about timing.

[island911]

Originally Posted by David

Come on, no comments on the video? What other car allows that much chassis adjustment with the slide of a finger?

Computer controlled mad sliding skillz? uhm, ok.

And is that "chassis adjustment" or just torque bias selection?

[GH85Carrera]

Originally Posted by David

Come on, no comments on the video? What other car allows that much chassis adjustment with the slide of a finger?

Lots of modern cars have driver adjustable suspension settings. Maybe with a button or switch and not the slide of a finger.

[widebody911]

$blind_squirrel += $nut

Originally Posted by sammyg2

Them shorters be all fools!
it's all about timing.

[sammyg2]

Originally Posted by widebody911

$blind_squirrel += $nut

Yep, I bet lots of folks got really rich off that bet.
I don't know any of them but I'm sure they're out there.

Maybe I can get them to adopt me.

[David]

Originally Posted by GH85Carrera

Lots of modern cars have driver adjustable suspension settings. Maybe with a button or switch and not the slide of a finger.

I knew the new Acura NSX did and probably a few other even more expensive exotics, but that's all I know about.

My modern Porsche's have damping adjustment but I can't adjust bias to affect understeer/oversteer from inside the car.

[epbrown]

Originally Posted by sammyg2

How about in the last two or three weeks?
Looks like the shorts did pretty well and those who were long lost $58 billion in three weeks.

Did they? The value has gone down, but they haven't locked in their losses until they sell. Like most things right now, they should be holding and/or buying.

[island911]

Originally Posted by David

I knew the new Acura NSX did and probably a few other even more expensive exotics, but that's all I know about.

My modern Porsche's have damping adjustment but I can't adjust bias to affect understeer/oversteer from inside the car.

Sure you can, it's called the gas pedal.

[Sooner or later]

Futures are showing it down another 6%.

That would take it below 100 billion market cap.

Musk wants a 100 billion market cap avg for 6 months. He has 30 days over 100 billion.

If Tesla’s market cap remains above the $100 billion mark on an average over six months including at least 30 consecutive days, Musk can then implement this payment plan and buy about 1.69 million shares at about $350 each. The payout would be more than $346 million considering the current stock price according to a Forbes report.

Musk currently owns 34 million Tesla shares, a fifth of the company, Reuters reported.

[sammyg2]

Tesla is doing better than bitcoin ....

[biosurfer1]

Originally Posted by sammyg2

Tesla is doing better than bitcoin ....

Thats kind of like saying getting punched in the face is better than being punched in the nuts right now

[island911]

Shares are now down 45% from the all-time high, but up 115% from last year.

Volatility is typically not a good sign.

[Shaun @ Tru6]

Looks like we know who's taking over for Solomon.

[sc_rufctr]

[Shaun @ Tru6]

From newest issue of Consumer Reports. I'm a little surprised to be honest.