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The Bloomberg TV headline gives the wrong impression that the NHTSA rating reaffirmation is the fire verdict.
Tesla Keeps Safety Rating, Too Pricey for China?: Video - Bloomberg
What a nice christmas gift to Tesla and its investors! Merry christmas you all!
$151, I do think people are misinterpreting the NHTSA news, will probably correct.
$151, I do think people are misinterpreting the NHTSA news, will probably correct.
Agreed. But could this be triggering a 'short squeeze'?
$151, I do think people are misinterpreting the NHTSA news, will probably correct.
By the way: stopped at the local mall today, to get something at the Apple Store, which is across from the Tesla Store. And, what investor could resist, I stopped into the Tesla store and it was odd, there were no employees present. I'm guessing all off doing test drives or something? About 5-6 customers milling about, looking at the 2 cars. One couple were murmuring "How soon can we get a test drive?" As I walked out, I stopped to observe the reaction shoppers had who were passing by the store. I like how most of them see one of the cars in the store out of the corner of their eye, then STOP, and look in, start talking about Tesla ("hey look, it's a Tesla" . . . "let's go look" etc). As one group of shoppers does it, others behind them do it too. Tesla Stores cause traffic jams.
Happy holidays to all long term Tesla Motors investors. Once NTSHA clears Tesla, it'll run up a lot more of course. I like these bits and pieces of good news related to govt. investigation (DE clears TM, NHTSA reaffirms rating). These parts are worth more than if we only had the NHTSA "all clear" news by itself[/QUOTE
NHTSA announcement should be a bigger move than a garage fire which is clearly written as a hit piece. Hence today's move have not fully priced in a real positiv NHTSA report about the fire. I am guessing today's move is because of lack of people paying attention to news and the relative noobness about the political process of some of the shorts that have piled on.
NHTSA uses this to gauge the backlash against their potential decision. It also allows them some wait and see time. Because they can always point back in time to say they made the right call with this announcement that's worded closely enough. Also, it is potentially dangereous to give tsla an all clear right. ow. Better give tsla a few more month so the firechance/time percentage decreases a bit more and looks better on a report.
IMO, once we are at the $150 level. TA wise the only thing we should be looking at is that $180 gap. There are no more short term TA that matters.
PS: thanks for the Christmas present Elon. I know you held on to that piece of news too.
I sold at $153.31 because it looked weak up there. Now its 150.86, I think its because the NHTSA report only restated it 5 star rating but did not exonerate Tesla that it sold off.