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A more detailed post regarding this:

If we're going that route... Elon is scared s**tless of AGI, way more than his concerns regarding climate change. So he is prioritizing building FSD/Optimus/xAI/Grok to reach AGI first.

Would be a great outcome but I find this unlikely. He would gather a lot more attention/receive a lot more praise if he shouted from the rooftops that he voted with the board on all fronts with his position.

Regarding NVDA, friendly reminder that selling puts is best done at low SP. Not saying NVDA can't keep running for a while, but be prepared for the swing downward (which can be volatile with rallies like this). In other words: make sure your puts are backed so you don't end up getting margin...

Anecdotal evidence: Tesla Belgium seems to be hiring.

I'll be brief since this is OT. This sounds like a nice PowerPoint presentation. The next chip in development will perform a task that has not yet been achieved (autonomous driving) with simulated data (which Tesla states can cover a lot but not all edge cases). I have more trust in the...

@Yoona : regarding stock repair strategy (in your The Wheel chart), you say in the stock repair step: "if stock up, exercise +c, assignment on 2x -c , result: no stock". You have 200 shares before this step. The sold calls result in the shares being called away at the strike of the sold calls...

The most basic Roulette strategy (the Martingale strategy) can be applied to trading. For those few unaware, Martingale strat means you double your bet (or capital at risk) every time you lose, in order to come out ahead at the first win (on the roulette wheel or in the market). Roulette...

It's more sane than the US, but the dealers of regular OEMS (BMW, Volkswagen, Audi, Mercedes,...) still allow for negotiation. Just less % of the sticker price than with US dealers IMO. (not scientific, I speak from experience in Belgium versus what I see in American movies/tv shows)

I just voted my shares from EU (Belgium) in line with the board recommendations. It cost me €35 (= ~$38) and a little hoop-jumping so I hope it was worth it.

Just watched the shareholder meeting video frame by frame. They indeed teased the Cybercab and the robotaxi-app. I do believe these pics are officially the robotaxi we will see on 8/8. Two seater is 99% confirmed. They are mixing it up with the seats (a bench with armrest that can fold down, a...

It was a Chimay glass and I specifically hid the lettering since that is a sin. 🤫

Positioned for next week. Done trading and working for the week. Cheers to all, and in particular @Max Plaid

Well let's hope he doesn't sell huge amounts of shares anymore. That would not be congruent with his comments of wanting ~25% stake in Tesla.

Elon sold huge numbers of shares on the open market in april 2022 and december 2022. The stock got hammered because of it. (see the chart) Is it so strange that certain stockholders - even if they gained a lot from the runup earlier after the compensation plan - are of the opinion Elon should...

Yeah, apologies. Cant edit anymore. Will pay more attention in the future before posting.

Except SpaceX. That company is so far ahead of its competition they cannot lose.

Thanks. Edited the post.

I've been trying to dig up as much info on this as I can. PROs: - the board ain't stupid and has a live pulse on the votes. They have some room to steer/talk to the largest holders. - Gary Black tweeted he voted "for" Elon's comp package and states most institutional holders he talks to voted...

Thanks for chiming in. As an EU investor it is really hard to get a grip on how FSD 12.3.x is performing since the comments online (TMC or elsewhere) are all over the place. And then Elon comes on the earnings call being a tease: "any Tesla investor should try FSD v12, or else you cannot...

It really boggles my mind how fickle trader sentiment is, time and time again. (Or so one would believe if they read financial news sites. I'm more and more a fan of not checking the news at all, as you often suggest. I only check official Tesla sources, really.)

Still seems safe IMO. Thinking of opening $185's right now actually.

What strike did you pick? 190's around $0.50?

I don't think so.

This price action seems to hold true to what @dl003 posted a few days ago: - low 160's by end of May; - but before that, bounce around $168 to $180-ish "on news" - then leg down to low $160's. Even though last Friday AH that theory was questioned (since we went to $167,x, below $168), the...

Maybe in the future, but right now I'm 18 months deep into no-USS-Model Y ownership and I still lack autopark. Tesla needs to step it up in Europe. And regulations are not an excuse. They have the tech and can dumb it down for EU buids until regulators allow the latest builds.

Unlikely since stopping at stop signs is the law. (At least here in EU, not sure about every U.S. state) It's not because most drivers disobey the law that an autonomous system (which will be held to the highest standards) has the same right. It's not a right to not come to a full stop. It's a...

The validation was explained in depth by Ashok on the last earnings call. It's the process of "tiered" testing of a newly trained NN's (hundreds of them) by: - running millions of clips against it, therefore checking if the new NN's would perform equally, better or worse than the last big...

Now Tesla uses lidar to check if all employees are at their stations 80 hrs a week. /s

James Douma explained this as: "The fleet is a search engine, not a tape recorder." Tesla talked about this on an AI day. They can query the fleet for examples resembling a clip/situation they're having trouble with.

The industry value Optimus can disrupt is huge indeed... but not the entire value will flow to $TSLA. This all depends on the price point/margins they sell them at. So I hope Tesla provides the bot to customers at an OK price (say $25k to $50k) and then offers SaaS subscription plans to use...

Update: I rolled the 5/10 -190p's to 5/24 -190p's for $2.2 gain per contract. I rolled the 5/10 -187.5p's to 6/7 -180p's for slight gain per contract ($0.2). I rolled the 5/10 -190c's to 5/24 -200c's for $0.88 gain per contract. (I know, I could let these expire BUT if TSLA were to recover by...

Hmm, for 5/10 I've got -190c's on the line versus -190p's and -187.5p's. Only enough cash to execute either the 190p's or the 187.5 p's. Theta of the 190p's is down to around $0.5, the 187.5p's to $0.8. In serious doubt to start rolling the puts, but on the other hand we could easily end up...

Agree on both points: 1) some breakthroughs are necessary (but expected, so best to already get crackin' on the hardware side) 2) safety is critical. I thought Tesla was going to work with a big "turn off" switch that could not be software overridden. (they mentioned this on one of their AI...

To add to this, current FSD 12.3.x is not feature complete since for example reversing/switching gears is not in the set of possible actions FSD can perform. In a few months this will be included (if we can believe Ashok/Elon tweets) which will adress many interventions due to the car getting...

It's all about the mobility of the humanoid robot. It can go wherever humans can go, so the cost to set-up the humanoid robot is near zero compared to for example specialized KUKA-robots. (And flexibility: Optimus will be able to perform a variety of tasks instead of just the one of a fixed...

You lost me at "nothing in the pipeline".

You're right that both threads are hijacked by emotional posts upon big swing days (either up or down). That said, I do feel this thread is more about trying to stay focused, calm and calculated and how to play the hand the market deals us. Many of us that have seen dark days (for example when...

Did Tesla/Elon give any guidance to when the new Autopark (for non USS cars) will arrive in Europe?

Yes, It's the annoying human trait of "wanting to express an opinion" even though one is not qualified at all. I'll leave managing the company to others, I'll just focus on my job and my portfolio.

Yes in theory one should wait for the expected "top" and then split the DITM cc's into lesser ITM cc's. But hindsight is 20/20.

Yeah I also write puts and straddle those against the cc's. I guess the question is how you want to position yourself delta wise. (And that depends on strategy, future SP expectations, etc)

Random thoughts on ITM CC management. Say I'm short 10x 190cc's for next week and they're looking to end up ITM. We've discussed many times how to deal with this. One can roll out in time for credit, roll up in strike (and out in time) for breakeven, even further up in strike for a debit, etc...

Indeed. Also, the HODLers ignore that you can be long term bullish AND make money on downturns (or hedge against them). The two things I picked up from @Yoona are: 1) don't lose capital 2) small steps >>> large steps (Still working on number one, since I keep core TSLA shares. But I have...

The flow is real. But it will pull back before we go to $250. Trying to time the pull back with the expiration of my $190 cc's. (Currently for next week, I will probably roll them week by week until I see a pullback.)

-190c/-190p straddle in place for next week. Ratio 3:1 This "fixes" all my positions. Best case we end at $189, my calls vanish, and I can either take assignment on the puts or roll them.

I agree the brief explanations we read (which are not official reports BTW) don't make sense. The PM move has a squeezy feel to it, which could easily be reversed once large volume comes in (profit taking and the like). That said, I'm not going to try and stand in front of this steamroller.

Isn't that a setting? In my "EU FSD" car (so navigate on Autopilot is the highest available) model Y I have a setting to activate "FSD" with one or two presses.

Nuance: the 10B number is training compute and inference in the car. The inference compute in the car is the HW3 / HW4 FSD chip, which Tesla "spends" when creating the vehicle but the end customer pays for this in their purchase price. So I'd say max 6B in compute spend. Will the market realise...