Among the perhaps strongest position it is possible to acquire for a brand is when it is used to signify success: As a placeholder for a banner saying: "SUCCESS - MADE IT!" Then, as an inferior brand, you can lean on that. So yes, you are right. And the reason is that I think Tesla has reached the 'SUCCESS'-placeholder status, previously reserved for very expensive male jewelry (watches), a few legacy sports cars which shall remain unnamed, since they are being out-accelerated by Tesla - and off course, the ultimate in jealousy-provoking accessories: The young, beautiful, sparkling, adoring companion. The good thing is that above identification is only hinted and whispered - because Tesla does not advertise. That allows all sorts of people other than status-obsessed men to buy Tesla for a host of other reason, of which there are, as we all well know, plenty. But make no mistake: Being also the choice of competitive and high-performing status-obsessed males makes a difference for a brand.
Lora K has an article on the new Tesla Engage social network. I think this platform is going to move the dial a lot more than at first glance. Tesla is encouraging some political advocacy as well as charitable encouragement and making it easy for people by providing contact information and a list of suggested charities (in this case to help the people of Texas). It’s a real attempt to pull people together to make things better for all.
I sure hope the fact that we're stuck at 600 instead of rallying along with the macros is options related.....and that we'll rally hard on Monday. But man, kinda scary to see the stock get pinned so easily on a 85-90 million volume trading day They gotta be doing a buttload of naked shorting to pin it like this
I am having some trouble interpreting that 70% figure. Here is the exact wording they used: Do they mean, that 70% of the cars that Volkswagen sells in Europe will be EVs 70% of all cars sold in Europe will be EVs (not VW specific) the market share of VW will be 70% of all EV sales in Europe I have no problem if they mean #1 or #2, but have serious doubts for #3.
Forward Observing I tossed myself on a grenade for my Tesla community this morning. I sold 1k shares to ensure I had enough to cover my taxes; not profit or . . . I have a knack at finding the bottom when selling. The false bottom was Monday morning after the weekend where everyone sang Kumbaya to @Curt Renz after being mean to him. Positive energy Curt. Since roughly 27Jan21, TSLA has been in a nose dive. While I did not read Curt’s input, I wish I had as it might have saved me from this morning. If Curt’s Kumbaya Monday morning was the false bottom, then this is really the bottom. If this is the real false bottom, then I have found it and will buy back in on the next bottom. Good luck to all
Volume has decreased throughout the day. I take this as a very good sign on the hope that the very heavy volume during the morning was a shakeout of retail investors (margin calls, weak longs getting scared out of their shares). With the lower afternoon volume, it looks like the MMs are going to try to finish it at $600. Next week should be very interesting.
Could this lead to a robotics collaboration with Tesla apps to provide FSS (full self shaving) as something to do while the car drives you to your destination?
I know it's slightly cheaper but anyone buying an ID4 vs a Y if they can possibly afford the difference is just being stupid. That's the same type of garbage UI cars have had for a decade. You think phantom breaking was bad? Just wait until the car shaves your nether regions. I'll let you guys beta test that one.
15 minutes before the close, CNBC announces they have an analyst coming on to say why TSLA is still over valued. What is it with these guys?
Looking at the graphs compared to S&P 500 which shows a logarithmic rise to +2% while TSLA remains basically flat, I’d say we’re capped.