bdy0627
Active Member
The other thing that happened today was the S&P nosedived in the afternoon, which amplified TSLA's drop.
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Hank, I too often come here to TMC to check if there is a reason for a large price movement.
Usually there is no particular reason or a "low information" reason (nonsense being pumped out and traded on... some market participants believing the nonsense, some anticipating price movement on what they know is nonsense, and all but certainly, some trying to give the nonsense extra FUD power by trying to create the impression the market takes the nonsense as real and does not like it) and/or just a bit of human psychology (i.e., a stock running up 25% over 5 trading days can surely experience some "profit taking").
Sometimes something of a material nature is related to the move.
It is unlikely that this move today was tied to anything materially impacting long-term fundamentals.
Moderator -
Be nice, and that includes being courteous, to a new member.
Not all take kindly or understandably to snide remarks that long-timers instantly recognize as being at least moderately tongue-in-cheek.
And: Welcome, rocketlow49. As long as you're not a short-seller or a devious distributor of dastardly misinformation, this can be an interesting and productive site to hang out. And, sometimes, even a pleasant one.
It seems like paid troll activity is really ramping. I seem to see signs lately on this forum, Electrek, Clean Technica, Green Car Reports and Reddit. I assume they mainly stem from the fossil fuel industry.
Their disinformation campaign with respect to climate change was so effective they’ve made people doubt science. Think about that for a second. With a few million dollars, they’ve managed to sow doubt about science itself!
I am getting more and more concerned over how much damage they can do to Tesla’s reputation.
My fear as an investor, is these unrelenting, non-stop attacks may pay off and really start to dent demand.
This also contributed to eod market (and TSLA) drop. Dow's 400-point rally is nearly erased in final hour on report of FBI raid of Trump's lawyer
Interesting take. It sounds like that could be a contributing factor.
I have to say, TSLA is an interesting beast on it's own. Almost entertaining if not unnerving as an investor!
Sometimes hilariously funny by intent. Example from Thumper: "Silicon Valley is in Hollywood."Moderator -
Be nice, and that includes being courteous, to a new member.
Not all take kindly or understandably to snide remarks that long-timers instantly recognize as being at least moderately tongue-in-cheek.
And: Welcome, rocketlow49. As long as you're not a short-seller or a devious distributor of dastardly misinformation, this can be an interesting and productive site to hang out. And, sometimes, even a pleasant one.
Those guys are one major reason I sleep soundly every night in the recent dip. If that army of dedicated and hard working Tesla bears can't dig up any real bad news on Tesla, then there probably isn't any real bad news.I can totally imagine an army of them all sitting in front of a room on their keyboards hammering away negative news all day. I wonder if that was the reason why Elon try to buy the Onion - so that he can have a team that would get ahead of them to disarm potential negative news they write.
VA just pointed out a Szenario where Tesla achieves the 5 k/ w goal 4 weeks earlier which may sound bold for most of the critics here. Some people can’t imagine this simply because they are used to the Elon time paradigm but asking me there are a couple of good reasons why that over promising and under delivering may end very soon.
Elon makes a plan for everything and if he wants to get to his compensation he has to change. People may believe he just continues with business as usual but I believe he has layed out a plan already and even before the company who designed the company plan has been hired, to be able to surprise the market and this is not done by just delivering what has been announced before.
Personally I appreciate thoughts that are out of the boundaries the majority anticipates. This is just good for all of us like checks and balances. It a valuable skill to have people in the team who have other opinions and have arguments in favor for it. It’s a not so valuable skill if people try to make these people not sharing their thoughts.
This plays in both directions and to be clear I am not saying I believe this will happen but I appreciate his thoughts and calculations.
So, lets all try to absorb all thoughts we can get, weight them and everybody can make his conclusions based on it.
To be clear - I'm 'wowed' by the entire saga.Don’t be ‘wowed ‘ just yet. They’re thinking about it. First a committee will need to be formed to talk about the possibility of doing it. That alone will take a year or two.
To be clear - I'm 'wowed' by the entire saga.
VA is pushing up forecasts and setting Tesla up to fail time after time. Hypes production and deliveries all the time and says crazy targets. Think. Not one times or two times but all the times. VA starts threads runs competitions raises expectations. If schonelucht (good poster) or someone else presents a medium forecast he goes after them. All I am seeing is hype.
Surprise! Surprise! Results will be less than the pump. Then, he comes back and complains about Elon. So, I ask: is VA really bad at estimating? Can an "analyst" be this wrong? Or, conspiracy, VA is a short plant?
Same story yesterday and today again. Pumps up production and everyone telling him to pay attention to what Elon is saying. Stock falls again. Listening to this pumping makes people guaranteed money losers.
My first read of that German joint fund is that it sounds an awful lot like a GATT-verboten government subsidy/bailout. The U.S., for example, would never provide that sort of assistance to, for example, General Motors.