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Nothing special about Tesla being “able” to reduce prices. They are “able” to reduce them still further. The issue is the necessity that drives them to do it.

Stocks have an uncanny way of gravitating towards round numbers! Technically there’s no real support if and when it gets there: probably the shock of seeing it drop to double digits will flush out yet more weak hands.

Unless laid-off programmers can all jump into airplane cockpits, you’re describing a steep deterioration in wages. (And even captains’ pay ain’t what it used to be.) Travel-related jobs are in aggregate toward the lowest-paying of any industry. MarketWatch had an article a couple days ago about...

That’s quite true. To do so would be to take no risk of missing the upside but still to dodge the tax bill. Good point.

That’d make no sense. The wash sale rule is needed to prevent investors from realizing losses for tax purposes without those investors taking real risk. E.g. a TSLA investor sells shares at a 50% loss then immediately buys them back. Since losses within pension accounts do nothing to reduce tax...

And for today’s nonsense, Musk uses his megaphone to endorse Kevin McCarthy!!! Is he so attention-hungry that he doesn’t mind if it comes coupled with humiliation?

I’d remove the terns of invective…”distrust”…”question the motivations.” Short of a formal accusation, these only strengthen bureaucratic resistance to change.

I doubt that Musk today has the wherewithal to finance an LBO. My guess is the Ford was when initiated his.

Good luck, but PLEASE resist the emergency funds!

At this point I think it’d be more positive for TSLA if she reported she’d liquidated her holdings. Her funds are unmitigated disasters and her cheerleading has turned into a liability.

I’m 68 and thus Old School. A couple weeks ago I related that a young woman is assisting me in my Sunday school class and that she prefers the gender-neutral “they.” It is weird for me BUT I CAN HANDLE IT. It doesn’t make me “bullied.” Hell, using “MS.” was weird for me when that neologism...

I’ve listened and I’ve read, but I can’t see how doing either makes Musk seem less of a bully.

This?? This kind of populist conspiracy-spinning must mark some kind of a bottom. OK… I’m in! Sold Jan 27 100$ puts at $4.5, 110$ p @$6.8. Merry Xmas!

You’ve been a rock through good times and bad. I sincerely hope you keep your spirits up and know that you are loved and esteemed by an enormous community.

I too would love see a break from the hikes, but why do you say that the job numbers are fake or inaccurate.

Patriarch Kirill, head of the Russian Orthodox Church, has told his followers that 'sacrifice in the course of carrying out your military duty washes away all sins.' The patriarch's comments during his Sunday sermon on September 25 came amid nationwide protests and rising criticism over the...

Matthew Fons did a great job on cost analysis of Twitter, but the revenue projections look pretty flimsy.

"As others have pointed out, Wall Street trading firms KNOW when Elon is selling. " Conspiracy talk is cheap and all-too-common. This presumes that Elon Musk is too dumb to realize that his brokers are frontrunning his trades. I believe that the sales are ill-advised: he should have made them...

I thought at the time that it was very weird to publicize the little boy, cute though he may be. My sons don't allow me to post pictures of their kids on social media, and my sons are even less world-famous than Elon Musk!

Historically I believe he has said that he's done selling "for now" after every major share dump.

ANY brokerage firm that wants to retain high net worth individual investors or hedge funds as clients knows how to handle trades discretely. Elon Musk has enough professionals in his employ to see if his own brokers are frontrunning his sales.

“Elon selling shares” is not FUD. If anything it provides a logical reason for this to be a buying opportunity.

I think macroeconomics is not what’s weighing down the shares.

Right… Old Cutler’s nice too, but no long scenic drives hereabouts. I’m a native, but I must say that Miami overall is horribly laid out. In cities from Boston to Philadelphia there are always roads along rivers and bays. Here, despite living in à subtropical paradise, there are no boulevards or...

Today I violated my vow not to play TSLA till Musk abandons the CEO gig. I sold Jan 13 $150 puts. Premium received, $7.5 per share.

Industries don’t short stocks.

There are always interminable corruption and conspiracy stories circulating when TSLA is getting clobbered yet they evaporate when it’s on a tear. Are the market forces uniformly malevolent or do they hop on board when the stock is doubling? I’m curious because the market manipulation excuse...

Just in time for parasha Vayeshev.

What are you curious about? I don't use it for 3000 mile trips. I live in South Florida. There are no pleasant road trips down here.

Tesla’s a perfectly fine car. I like driving the Mach-E better. It has excellent build quality and has much more of a sports feel than any other crossover or SUV I’ve ever driven. (I’ve driven BMW 3s for a long time. Very fun but very unreliable.) Some drivers will find Teslas more to their...

This is Trump-level delusional along the lines of the great inauguration crowd lie. I just watched three different clips of Musk’s appearance onstage with Chappelle and it clearly didn’t go well for him. Not that there anything particularly shameful about getting booed, but he simply can’t...

I’m no expert on child development. My three boys are “straight.” Two are fathers, one has Down Syndrome. I told my wife when they were kids that I hoped they wouldn’t be gay just because life would be tougher for them. Life throws us curves but the gender issue is one I never faced so it’s...

Of all the idiotic causes to elevate, this business of pronouns is the worst. Here's the extent of my personal connection to the issue: This year I began teaching Sunday School. The professional who had the gig dropped out the week before classes began so I volunteered. I have kids 5-9years...

He's making the world a better place by not calling his child their preferred pronoun. It's as if he's in a contest with Herschel Walker for Father of the Year.

Have at it for Salame's records (NOT DARK MONEY): Salame, Ryan D. & Susan: Donor Detail

Let what sink in? Your flight of fancy?

Why is it than whenever a Republican slams a door on his schmeckel he instantly becomes a uniparty RINO?

"But Bankman-Fried said he gave to more than Democrats. He said in an interview released Tuesday on YouTube that he donated “about the same amount of money” to Republicans. That $40 million went unnoticed because all his Republican donations were “dark money,” he said. "And there’s another key...

“That doesn’t make it incitement of violence because the statement did not include anything whatsoever telling people to threaten Yoel Roth nor does it appear to have had that intent.” I think it is hopelessly naïve to believe in the hyper-partisan, hyper-violent, and hyper-armed America of...

Musk’s honeymoon phase at Twitter has been marked by a relentless campaign to root out the supposed misdeeds of the prior regime. With monotonous consistency former officers and employees are pilloried by Musk or his “investigative” henchmen. Those on the receiving end have no voice or...

You know who was woke?Jesus and Abraham Lincoln and Martin Luther King, Jr.

“Yet we think close to 50% of the population cares enough to boycott Tesla's cars because they don't like Elon?” Buying a EV for over $50,000 is an EXTREMELY discretionary decision with (now) lots of options. Companies that do advertise spend hundreds of millions to flip 5% of the markets for...

In the MAGA Bizarro World, removing emblems of bigotry is itself bigotry. There’s a deep undercurrent of fear of any threat to the racial status quo we grew up with. This is the root of the “replacement theory” promoted by such luminaries as Tucker Carlson.

I believe he’s saying that removing a statute of a Confederate general evidences bigotry.

How about a compromise? Leave the Confederate statues standing so long as they’re paired with statues of whipped slaves. Problem solved! Everybody’s history is memorialized.

It’s pretty difficult timing a product’s or a company’s downturn in real-time, but the line from Hemingway comes to mind: “How did you go bankrupt? Two ways. Gradually, then suddenly.” I don’t for a moment expect Tesla to literally go bankrupt, I’m merely saying that the impact of Twitter Musk...

Hey, today Richmond removed its last Confederate general statue. I merely mention it because who else anticipates Musk weighing against this as evidence of rampant woke-ism?

Tesla will raise prices when Musk is removed?!?! Weird marketing.

It is a default position by MAGA types that there are entirely too many commercials with blacks in them. (Don’t even mention mixed couples or gay couples!)

I ordered my Mach-e Premium February, took delivery in October. Fortunately that beat a $6500 price hike for that trim.