So, here we are again. Elon postpones the Supercharger announcement to next week and claims there is something else in store for us this week. What could it be? To be honest I have no idea. But, despite the fact that I have a life (really I do!) I spent some time thinking about this, and I came up with a theory. Vet it for me please. On May 8th, in celebration of knock-out earnings (an event we are all quite familiar with) Elon tweeted: This tweet was mostly met with praise, but one snarky fellow couldn't help but deliver an underhanded dig: To which Elon replied: I noticed this at the time it happened, but didn't think much of it. I certainly didn't think that anything was imminent. After all, while Tesla is in a pretty good spot, they don't have the cash to be knocking off that government loan. But, then the short squeeze came. Oh man did it come. With it, a ton of short seller money was poured into the share price, inflating it. Making it artificially high I'd argue. There are calls from analysts and investors to do an offering, to capitalize on the spike before it is gone. But on the conference call Elon said there was no plan for an offering, and if he were to do it, it would be as insurance against a hiccup, not to pay down debt. I don't think this week's announcement is an offering. If they weren't even talking about it a week ago, then the chances of them pulling it together in time to do it this week is very unlikely. There's a lot of paperwork that goes into these things. Still, Elon's twitter conversation kept nagging at me. Then, when I was out running tonight, a thought hit me---Elon's options! We were all over this weeks ago when the stock was in the 40s. Remember, before the financing announcement? Remember how we were thinking Elon would exercise those options he had just earned by making the company profitable? We thought that he was going to turn around and pay off the loan? But, remember how the math didn't quite work out? Remember how there wasn't quite enough money there to pay it all off? Well, the stock has doubled since then. I think there is enough money now. Wouldn't that be great? Right now the stock price is inflated, no doubt. All the shorts that have been all over Tesla from day one are rolling around on the floor in pain. A whole new batch of "smarter" shorts have taken their place (remember there are no shares available for shorting right now) betting that this thing has topped, ready to grab all that money that the last set of shorts lost. Then here comes Elon, and kicks them while they are down. Not only does he pay off the loan without diluting shareholders---he changes the valuation entirely---perhaps making the current stock price a perfectly justifiable valuation (imagine, a debt free Tesla!). He would have effectively used the shorts own money to eliminate Tesla's debt. Now that is just embarrassing. Finally, that whole new set of shorts that took their place? Yeah, time for them to run for the hills. It sure makes for a good story. I don't know if this is what is going to happen or not, but man---it would be EPIC.