U.S. electric car maker Tesla Inc has halted plans to buy land to expand its Shanghai plant and make it a global export hub, people familiar with the matter said, due to uncertainty created by U.S.-China tensions.
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Tesla had never declared an intention to acquire the land…
Finally! A rational explanation!
Just remember, its all Kabuki theatre, intended to bilk you out of what's yours.
Wow lucky you...that is one sharp rep./s
We now have a P/E ratio tho. That makes it a hell of a lot easier IMO.FUD everywhere. Reuters reporting Tesla looking to bail from China and stopping a land purchase....that they had never said they were interested in. Bloomberg reporting that Tesla sales are down month over month in China - no mention that the balance of production was exported or the production itself (40K).
And of course we have the leftover stories from yesterday regarding the Texas crash where the NTSB stated someone was driving and that autopilot could not have been engaged - yet some how all the headlines read that the mystery has increased and the tone of the articles is that Tesla is in trouble.
This is a tough game with big boys. The entire market is being taken down, and they are definitely playing favorites - big bullseye on Tesla.
I have come to terms with the fact that TSLA might hit 300 before it is over. Don’t think it will, but this allows me to function better
January IS... but also ISN'T - such a long way away, esp. if there's a big, bad, slow macro event. I tend to favor farther out of the money LEAPS, and I'm trying to figure out the cost/benefits of selling my Jun 2022's and buying comparable strike Jun 2023 LEAPS and it kind of looks like (maybe?) a no-brainer, perhaps even more so in a taxed account because I'd be paying less taxes when selling while prices are lower. Copying this to the wheel thread since I guess it's considered off-topic...
I’m ok with Tesla accepting Doge for the $100 reservation deposit on vehicles and making it non-refundable.
Sure there are negatives, but I see this as a net gain. A lot of early Tesla buyers and even now skew to older people, simply due to economics. Doge and all the related memes are bringing in Gen Z, iGen (whatever they are called) to the Tesla fold, and whenever they can afford the $25k car that will be a huge market expansion. This could be Elon playing 4-D chess again with future demand.
financialpost.com
Every consider that you're missing something? That you've been lead to a conclusion by every single thing you read in the MSM? That FIAT currency is what dreams are made of? Or that Dogecoin can not be diluted at the whim of a foreign government? That dilution IS inflation?
There's like confusion on top of fud. Vincent should stick to the old numbers as this was reported by Chinese media.
Same here. Dry powder finally landed (been chasing it since October with my useless pension provider).
Re. monopoly or funny money: Hm... wasn't BTC also monopoly money in 2008? Or in 2012? Or even as late a 2016, before the big bitcoin boom?
