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Truth went out the window once news became a profit centre rather than a public service. That happened a long, long time ago.You mean like how Big Oil, Big Auto, etc, and the mainstream media teamed up to deny climate science for over a half a century, bringing the health of the planet and its inhabitants to an existential cliff (or off the cliff)?
Everybody claims they've "got the science and the facts" nowadays (the more convincing ones even have slick graphs and charts). Most everybody on the interwebs and mainstream media (including this forum) believe they see the world wholly and see it clear. The problem today with social media is that the message is no longer tightly controlled/spun by 5-6 entities, as in the past--that's why it feels like we live in a "post truth" world now.
Could be an extension to the CTO that Tesla has with FCA.OOoOoooOo May the speculations begin. Why would Tesla disclose this 1 day before battery day? That too these Confidential treatment order seemed to have been filed 2-3 years ago?? The plot thickens. What acquisition could it be?? Or what dirty little secret does Tesla want to keep under wraps?
I have no idea what influence you imagine Bollinger Bands have on TSLA or anything else. I don't expect speculators to necessarily sell the news, although some will. The stupidest speculators disappeared (at least temporarily) today as their stop losses were taken out on the sudden drop -- you might say they caused or at least enhanced the drop.Last Tuesday, QQQ was 280, today it's 265, a -4.7% drop.
I see TSLA stock price as the product of different forces. The 2 major forces I have in mind right now is the deep macro correction (started all the way back on 9/3) that should have sunk TSLA 8%, considering its beta. Yet, we're up 18.6%. So, there's obviously some major short term speculation/anticipation going on that is holding us up. Normally we'd expect most of them to get unwound as TSLA approaches the upper BB on B Day. Now, we're hugging the mid BB but the speculators remain. Do you expect them to behave the same way as they would otherwise after B Day (sell the news)?
Same ... Shhhh.I have a small buy order queued up and ready to go.
Real party starts at the after-hour spots, you know this...."They" really don't want us to close above $450...
I did Portland to Denver and back in August. The Dalles and Baker City were both down on the way back. Did Boise to Portland on 1 charge in my model Y. Good times.
Asking for dislikes really, but here we go...
If this is all science and therefore evidence-based, and such evidence shows that the biggest contributor to climate change is animal ag, how many of those liking or loving the previous post have or intending to adopt a vegan lifestyle?
RFor everyone Trying to splaying price action
I am buying every single Tesla product that is released. We are so lucky to be living in the same era as Elon Musk. We can adopt the change and help to make this World a better place.Yeah it’s sad. Oh well. Buy TSLA, buy Tesla products, hope for best, life is still pretty great all things considered.
I like their new Borg based page numbering systemLooks like Tesla have done a makeover on their Investor Relations pages: Investor Relations | Tesla Investor Relations
Still had the old look earlier today.
Oh baby, you know what I like...
I have no idea what influence you imagine Bollinger Bands have on TSLA or anything else. I don't expect speculators to necessarily sell the news, although some will. The stupidest speculators disappeared (at least temporarily) today as their stop losses were taken out on the sudden drop -- you might say they caused or at least enhanced the drop.
By the way, there has been no deep macro correction. We continue to flirt with all time highs everywhere. If we do see a deep macro correction you'll notice it for sure. Everything you own will be down at least 10%, volatile high flyers more like 20%, and derivatives even more. What we've seen lately is just random fluctuation.
So, my ZM is up 6.78% today (at least the stock is, my calls are up 25%). My FSLY stock is up 10.4%, my calls are up 32%. ARKK and ARKW are up, ARKQ is down. My tiny positions in DDOG and CRWD are up 2.9% and 5.1% respectively. I'm just not seeing anything that looks like a correction. TSLA is the least volatile of my holdings it seems.
At least we may have allies in the fight now. I don't have any problems with Rivian or Workhorse. Especially with Rivian selling vehicles to Amazon, that may be a catalyst to them replacing that ageing USPS fleet (which, believe it or don't, were built by Northrop Grumman as a bone for a contract they lost). The postal fleet makes perfect sense to be electric!Bloomberg - 3 hours ago: Rivian Faces Ban From Michigan Car Dealers in Direct-Sales Fight
Excerpt:
Michigan auto dealers are trying to block startup electric carmakers including Rivian Automotive Inc. and Lucid Motors Inc. from following in Tesla Inc.’s footsteps by selling vehicles directly to consumers and servicing them in the state.
A bill introduced in the Michigan legislature last week would block any manufacturer other than Tesla from selling cars to customers without a dealer as an intermediary and from owning and operating service and repair facilities. It could come up for a vote as soon as Tuesday, according to a Rivian official.
The 11-year-old company has raised about $6 billion from backers including Ford Motor Co. and Amazon.com Inc. It expects to begin production of its first two vehicles -- a battery-powered pickup and a sport-utility vehicle -- by mid-2021.