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Wiki Selling TSLA Options - Be the House
- Thread starter adiggs
- Start date
Tesla Sues Ex-supplier Matthews Over EV Battery Trade Secrets
Jun 17, 202410:40 EDTTesla has sued its former supplier Matthews International in California federal court for allegedly stealing trade secrets related to Tesla's battery-manufacturing process and sharing them with the electric-vehicle giant's competitors.
The lawsuit, filed on Friday in U.S. District Court for the Northern District of California, said Matthews owes damages that Tesla "conservatively estimates will exceed $1 billion" for misusing company trade secrets related to dry electrode battery manufacturing technology.
Spokespeople for Matthews and attorneys and spokespeople for Tesla did not immediately respond to requests for comment on Monday.
Pittsburgh-based Matthews began supplying Tesla with manufacturing machinery in 2019, according to the complaint. Tesla said it shared secrets with Matthews related to dry-electrode coating, which the carmaker has said can dramatically reduce the size, cost, energy consumption and production cycle time of battery manufacturing plants while boosting the energy density and power of battery cells.
The lawsuit said Matthews shared Tesla's innovations with unnamed competitors by selling "machines and other technologies embodying Tesla's trade secrets." It also said Matthews claimed Tesla's inventions as its own in patent filings that have revealed confidential Tesla information.
Tesla asked the court to block Matthews from misusing its trade secrets and hand over its patent applications in addition to requesting monetary damages.
https://www.tradingview.com/news/re...plier-matthews-over-ev-battery-trade-secrets/
Sometimes it pumps a few days following the sell-the-news after an event (similar to Apple last week).
Last edited:
ChiefRollo
Member
Trade secrets vs. patents
We're over the big +GEX $185 wall with Vanna matching greens (confluence). If market pushes there's room for more upside.
On the bearish side, +ve call flow diminished:
Meantime those who know how TSLA doesn't hold its gains are buying puts and selling calls here:
How to read "Contract Trade Statistics"
First line
Red dominates=Bearish
Green dominates=Bullish
Second line
Red dominates=Bearish
Green dominates=Bullish
Third line
Ignore (don't know if buy or sell)
Fourth line
Green dominates=Bearish
Red dominates=Bullish
Fifth line
Green dominates=Bearish
Red dominates=Bullish
On the bearish side, +ve call flow diminished:
Meantime those who know how TSLA doesn't hold its gains are buying puts and selling calls here:
How to read "Contract Trade Statistics"
First line
Red dominates=Bearish
Green dominates=Bullish
Second line
Red dominates=Bearish
Green dominates=Bullish
Third line
Ignore (don't know if buy or sell)
Fourth line
Green dominates=Bearish
Red dominates=Bullish
Fifth line
Green dominates=Bearish
Red dominates=Bullish
So, I try something, on the pop flipped 45x Dec 2025 -p190 to 37x Dec 2025 -c190
The idea being that when it drops back down I'll do the opposite trade
Rinse/repeat... let's see...
The idea being that when it drops back down I'll do the opposite trade
Rinse/repeat... let's see...
I’m wondering if this is a continuation of the vote passing, after the sell the news on Friday. Volume is back yet no one here seems bullish today.
I came into this week with no CCs and sold some -c190 and 195 today, but I’m going to stay cautious in case this is one of those runs where call sellers never get a chance to close out and get run over.
I came into this week with no CCs and sold some -c190 and 195 today, but I’m going to stay cautious in case this is one of those runs where call sellers never get a chance to close out and get run over.
thenewguy1979
"The" Dog
Overall QQQ and the Tech Market seem bullish today.
I added to my NVDA and QQQ cheap call position during the morning dump when QQQ and NVDA (@129) were in red.
Not buying puts or selling Call at the moment.
Worry about getting hit by runaway trains.
I added to my NVDA and QQQ cheap call position during the morning dump when QQQ and NVDA (@129) were in red.
Not buying puts or selling Call at the moment.
Worry about getting hit by runaway trains.
@MikeC I dumped most of my +C150 12/25 LEAPS around here for moderate loss (but less loss if I sold them with TSLA lower) and captured back the money stuck in them. Is +C105 12/2026 still best option on next visit <$170 if we get one? Also if we keep going up, what would be a +C LEAP that can make sense these days? I'm reluctant to put the same +C150 12/25 back on.
Tesla kicks off legal fight to reinstate Musk's pay
Tom Hals June 17, 202410:31 AM EDTUpdated 2 hours ago
WILMINGTON, Delaware, June 17 (Reuters) - Tesla began its fight for legal recognition of a shareholder vote favoring Elon Musk's record compensation, telling a Delaware judge that it "significantly impacts" her ruling voiding the pay, according to a letter made public on Monday.
Tesla wrote to Chancellor Kathaleen McCormick that the parties in the pay package case should now lay out their legal interpretations of Thursday's ratification of Musk's pay, rather than moving ahead with the case on the prior schedule.
"The approval of ratification by Tesla’s stockholders significantly impacts the claims and issues in this action, including the court’s final judgment," Tesla attorneys told McCormick in the letter, which was filed with the Court of Chancery on Friday.
Greg Varallo, a shareholder attorney in the case against the pay package, said the ratification had "no legal effect" on the case and that he would explain his argument in a brief due Friday.
Tesla has said the ratification process was "novel" and it was unclear if McCormick and the Delaware Supreme Court would accept the result.
Tesla has argued that the ratification has now cured the problems raised in McCormick's ruling in January.
The judge found Musk controlled the 2018 process that led to the pay package and that Tesla concealed key information from shareholders about the ease of the targets the company had to meet for Musk to be paid.
A special committee of its board reviewed the pay package and determine it was in the best interest of shareholders, which Tesla said fixed the problem of Musk's dominance in the process.
The vote was corrected by providing shareholders hundreds of pages of added disclosures, including McCormick's 200-page opinion.
McCormick also has to determine a fee for the shareholder legal team before Tesla can appeal her ruling to the Delaware Supreme Court.
The shareholder's attorneys are seeking around $5 billion, in the form of Tesla stock as a legal fee and Tesla argued they should be paid around $13.6 million.
Reporting by Tom Hals in Wilmington, Delaware,
Tom Hals is an award-winning reporter with 25 years of experience working in Asia, Europe and the United States. Since 2009 he has covered legal issues and high-stakes court battles, ranging from challenges to pandemic policies to Elon Musk's campaign to end his deal for Twitter.
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Edit: Commentary from an atty who follows this:
“It’s only a request for a “Scheduling Conference.” It’s really no big deal. It’s a smart administrative request to get everyone on the same page as to what happens and when.
I don’t have any insight on price levels. I’m happy to be holding 12/26 100c as share replacements because I’m long-term bullish and they can always be rolled up and out, if necessary.
I am tempted to sell more calls against the 12/26s here based on recent price action but also wary that if we can get past Q2 (or if it surprises to the upside), we might start to get some real 8/8 FOMO. I really don’t want to cap myself whenever the next run is.
thenewguy1979
"The" Dog
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