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Default? It's not gonna happen. Extremely unlikely scenario.

ES (SPX futures) bids currently at 2567.50. Limit down again. Crazy price action. Let's wait for Powell.

$SPY about to gap down 8%! Crazy opening.

Price gap to close: 674 to 654.

It's smart to raise now.

Equity raise.

Looks almost ready to move again..

Here are some examples of flags: They are continuation patterns on lower volume, usually in the opposite direction of the primary trend. TSLA did not really form a flag recently, but you can consider this one a very similar pattern (hourly chart):

Did you know TSLA is in a bear market now? Here's the proof: Oh CNBC...

I'm sorry but where do you see a flag?

Typical price action after topping doji. Possible push up after the gap down to close the gap. *If* it fails there, it's a day trade short. So many chasers got trapped yesterday and many will look to get out. Sentiment can change very quickly. Doesn't change the long term bull thesis of course...

There was no news to justify a +50% in a couple day to begin with. A lot of people are just FOMOing as the price goes vertical at never seen level of overextension. As soon as the buying pressure starts to abate and the price begin to slide a lot of chaser will want to get out as soon as...

Long legged doji on huge volume with gap below. Never seen level of overextension after a paraboic run. Relatively short interest. This looks like a textbook top in the making to me.

We'll probably get there (and even higher). I wouldn't necessarily sell a core long position, I'm just saying that opening a new position now is probably not the best idea from a risk / reward standpoint.

Very true. It would be foolish to blindly short now, but I would be careful on the long side (I would not go long at these prices)

ER was good and I'm bullish on the long term. That said it's quite obvious that we are reaching a peak in enthusiasm and exuberance, just like we reached a peak in negative sentiment in late May / June. A lot of shorts will be forced to cover and that will provide momentum, but the short...

"Adam Jonas put out a $10-500 price target on $TSLA and was still wrong."

TSLA PT raised to $612 Oppenheimer. That's the catalyst for today. Spiegel reopened a short position with a stop at 498, so you know the rally is not over yet. :p

Spiegel closing his short position marked the top ahah. But I'm sure he will short again at a lower price and cover again at a new all time high.

Very good numbers!

Not sure what's your point. I'm a very short term option trader and I was basically right in every istance you quoted but one. Did you check the chart? That doesn't mean I'm not bullish on TSLA as a long term investment. I'm just commenting on the very short term price action. If you find that...

Huge put flow today, even on the weekly(!) The stock is massively overextended on the short term after this amazing rally. A pullback is likely now.

Trucks are a “much larger niche”.. in the US.

The stock is massively overbought... lost momentum and broke down following a textbook doji intraday. This is normal price action after such a huge move and every stock does the same thing... Profit taking and some shorts, but I can't see how you can call this price action "manipulation". The...

It's a very low volume day and ER is in 2 days. Some traders are taking profits after a nice run up last week. TSLA touched the resistance level on Friday and it's retracing a bit. This is absolutely normal behaviour for a stock. You can't expect TSLA to breakout before earnings.

Clear breakdown as expected.. Not much momentum though.

Clean channel on 60 min chart, but the stock is losing momentum. I think we get a breakdown this week.

The stock is currently down 4%. It was up over 6% because of that email.

After yesterday price action a lower low today was almost certain.

Exactly.. A big movement is coming tomorrow, and probably down.

TSLA underperformance continues... Weak price action, very narrow range today, inside day. It should be a nice day trade tomorrow.

The market is closed. $ES (SPX futures) does not trade after 5PM Friday.

Model S and X will be affected though.

China tariffs. China to retaliate with new tariffs on another $75 billion worth of US goods, including autos

Rumors from Germany regarding a potential takeover. Obviously false, but you know how the market works.

The chart looks horrible to me.

The reason is the technical setup.

I would expect a breakdown today or in the next few days, the general market is looking weak. Need confirmation for a nice trade.

Q1 was a disaster, that's hardly a fair comparison. Look at Q3 and Q4 of last year and the picture is not as rosy despite even higher deliveries. Expectations have come down a lot, and the share price followed.

Ford trades at 0.2x P/S with a 6% dividend. No reason to be long Ford either by the way. TSLA has been repriced from "profitable growth" to "growth, with losses and lower margins". Unfortunately I do not expect this new story to change anytime soon.

The story has materially changed. In H2 2018, Tesla appeared to be in a fantastic position, but not anymore. We have gone from "profit every quarter" to posting a $1.1B GAAP loss in H1 2019 in less than 9 months. To be honest, every other CEO would have been fired after such a miss. Obviously...

TSLA price target lowered to $160 from $200 at UBS. I guess this explain the slightly red premarket.

Osha’s overall estimate of second-quarter deliveries—the company books revenue after a customer accepts a vehicle—has risen from 90,500, below Wall Street’s 92,000 consensus, to 97,000. 97k, really?

It's never going to break the strongest support line: $0. Last year it did wonders.

By the end of the day we should be above average volume.

Are you the real Cathie?

Really? The entire market is in deep red.

I guess we are going down.

I wish I knew. Not sure right now, but the chart looks bearish to me.