Indeed, an interesting share price jump accompanied by heavy trading volume amid no apparent positive news. Only mild negatives have been spread about a few charging adapters and a seemingly frivolous “shareholder” lawsuit. One possibility to consider is that Donald Trump might have accepted the recent New York Times recommendation that he meet with Elon Musk.
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Indeed, an interesting share price jump accompanied by heavy trading volume amid no apparent positive news. Only mild negatives have been spread about a few charging adapters and a seemingly frivolous “shareholder” lawsuit. One possibility to consider is that Donald Trump might have accepted the recent New York Times recommendation that he meet with Elon Musk.
With the size of the volume, 45K in one minute and 47K in another minute I suspect this movement is news-related. Now, if we can just figure out what the news is.
Could it be due to the EPA rushing to file its midterm review of the standard early in order to put in place the fleet fuel consumption requirement of 54.5 mpg by 2025 before Trump takes over
I'd be shocked if material, forward-looking, previously undisclosed data is produced and makes it into the official record. If I remember correctly, this is the BS lawsuit claiming Tesla lied about past production/sales projections. At best, I think we'd see evidence supporting why Tesla made the projections they made in the past and perhaps why they didn't materialize, which wouldn't be of much use now. e.g., "the reason we projected production of 2k/week is because we reconfigured the line to do X and our tests showed Y output. We missed projections because of a supplier/broken machinery/whatever."
If there even is a legal opinion on this eventually (very unlikely), the judge probably will likely not get into this nitty gritty detail in any event.
erthquake
Active Member
LoL Rick
Like Buttah
racer26
Active Member
Well; that's nice. I leave for lunch and return to a $4ish pop. Based on that short availability chart it doesn't seem to suggest its short covering, and we all know that avalanche is coming eventually too. The question for me - when to bail out of my 16Dec16 TSLA1 options.
T3slaTulips
Member
Maybe people are overreating to:
GM warns of potential battery degradation of up to 40% for Chevy Bolt EV during warranty period or 100,000 miles
Personally I'm blaming my bank for not getting funds transferred to my trading account until tomorrow.
So, you buy a Chevy Bolt, and in 4 years it becomes Nissan Leaf. Is that right?Maybe people are overreating to:
GM warns of potential battery degradation of up to 40% for Chevy Bolt EV during warranty period or 100,000 miles
Personally I'm blaming my bank for not getting funds transferred to my trading account until tomorrow.
racer26
Active Member
So, you buy a Chevy Bolt, and in 4 years it becomes Nissan Leaf. Is that right?
With a potential degradation range of that caliber - they're essentially no more than guessing. Good god.
Maybe people are overreating to:
GM warns of potential battery degradation of up to 40% for Chevy Bolt EV during warranty period or 100,000 miles
Personally I'm blaming my bank for not getting funds transferred to my trading account until tomorrow.
Thats not an overreaction. 40% loss is obscene. Total waste of good battery material. The bolt is utter junk
Note: Paulo Santos is mentioned 2x and Seeking Alpha is also mentioned at least once, (which may or may not make them happy) http://hgtlaw.com/wp-content/upload...COURT-STAMPED-Books-and-Records-Complaint.pdf
erthquake
Active Member
Maybe people are overreating to:
GM warns of potential battery degradation of up to 40% for Chevy Bolt EV during warranty period or 100,000 miles
Personally I'm blaming my bank for not getting funds transferred to my trading account until tomorrow.
Tesla killer, indeed.
racer26
Active Member
40% is completely obscene. Remember that whole 238 > 215 debate? 238 - 23 (10%, the low end of their predicted range loss) = 215.
No, GM is using active thermal management. The article is clickbait by putting a headline from a warranty disclaimer.
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