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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable

ninpb

Member
Jun 19, 2018
557
2,143
90720
Anyone who has an EV knows this is a meaningless comment and so full of garbage it makes me question the whole damn thing. Not to mention how many people's homes would be compatible with such power draw.

I did an upgrade on my circuit to 80amp to maximize to 48amp and a bit of future proofing but it's mostly to accommodate for a second car/charger to spilt which is going to come... Unless I can talk kids into switching the cable in the middle of the night.
 

scaesare

Well-Known Member
Mar 14, 2013
8,187
12,928
NoVA
Attention shoppers: blue light special.

chairs.png
 

Artful Dodger

"Ducimus, lit"
Aug 9, 2018
8,266
101,030
Canada
@Artful Dodger did we trip a short sale circuit breaker? It was very interesting to watch L2 quotes as the buy side order book was well ahead of the last transaction price for several minutes. Liquidity issue anyone?

The SEC "Uptick rule" curcuit breaker trips at -10% so today that would've been at $643.05 (we hit that at 09:40 EST and powered straight through it).

People need to understand that large Hedge Funds with Market Maker credentials have a 'work-around' for the Uptick Rule: it is SEC Regulation SHO.

Reg SHO basically allows Options Market Makers to naked short sell shares to offset any short options they sell (they don't need to even try to locate a share before selling another one short). So the abuse is that instead of naked short selling shares to drive down the price after the 'Uptrick Rule' takes effect, hedgies simply continue hammering the SP by buying short puts in great quantity.

This triggers their broker to reflexively sell the equivalent number of shares naked with the aid of the Reg. SHO exemption (helps when they are their own Market Maker too, so they never have to report a "FTD" wot?)

TL;dr There is no protection for retail investors from the SEC's "Uptick Rule".
 

scaesare

Well-Known Member
Mar 14, 2013
8,187
12,928
NoVA
This Lucid interview on CNBC is painful.

"I think 90 miles per hour charging at home is a game changer" - Lucid CEO

Anyone who has an EV knows this is a meaningless comment and so full of garbage it makes me question the whole damn thing. Not to mention how many people's homes would be compatible with such power draw.

I like Cramer but he's still waiting for Tesla's batteries that will make it go a million miles without charging. lol

All Tesla would have to do to beat that is release a 30-40KW home-install DC fast charger.

Given the number of people with ability to dedicate a 240V/200A circuit to their EV, they wouldn't sell a boatload, that's for sure.. so not including that parts cost with every car makes sense...
 

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