Carl Raymond
Active Member
After-action Report: Wed, Mar 04, 2020: (Full-Day's Trading)
VWAP: $745.30
Volume: 15,050,277
Traded: $11,216,930,646.15 ($11.22 B)
Closing SP / VWAP: 100.56%
(TSLA closed ABOVE today's Avg SP)
Comment: "Bears pounced on the Open then macros-multiplied capping all day long"
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When I give your after action report a like Lodger, it’s because I like the comment, not the actual market action. Cheers.
Just thinking out loud...
If today was subdued because of GM, that’s a bit ridiculous. Legacy auto has been caught sooo flat footed - no announcement is going to help them bridge the gap. I think jaws are still agape after China GF went from mud to output in under a year. Berlin is salt into that wound. We’re watching the competition scramble now for relevance, for existence. Just waiting for the Giga Texas announcement. That will provide three data points, and it will then be clear that Tesla are accelerating - the gap widening.
I think it was primarily GF3 that sparked the stock surge. The penny dropped that the race was won.