News title tomorrow:
Tesla said they are not accelerating, will it still justify the raising valuation?
/s
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News title tomorrow:
Here is a fun quote from the petition..
"The vehicle was towed to an independent mechanic who determined that the accelerator pedal was depressed to cause the collision. . ."
here's the shortseller's response via CNBC after Tesla made their statement:
Sparks told CNBC on Monday, after Tesla issued its denial: “I am encouraged by Tesla’s commitment to continue cooperating with NHTSA, and I expect we will learn shortly why Tesla owners report unintended acceleration much more frequently than owners of other vehicles.”
Lets hope Model Y ramp is not hindering S3X production here. Elon said there shouldn't be any hinderance but this rumor of yours make it seem like it's hindering all productions at Fremont.
I took a trip across the country in a Dodge A100, but I was a child. I loved that van. We lived i. It for two months.Case in point: When I was in my teens I broke my back in a dirt bike accident and had to wear a metal leg brace on my right foot. One night my Dad let me drive his prized Dodge A100 home from the shop and when we pulled into the backyard, I went to hit the brake with my left foot and accidentally landed on the brace, pushing down on the accelerator and hitting our beautiful 1966 Dodge Monaco square on the rear bumper at about 10 to 12 MPH! God bless his heart, Dad was more concerned with how I was than the vehicles, but that incident is the definition of "sudden unintended acceleration" and probably quite similar to most of the Tesla situations.
FYI, didn't hurt the Monaco one bit, covered the damage on the A100 (which I still own BTW) with a new bumper, and I'm still thinking of suing the manufacturer of the brace because they obviously should have foreseen something like this... /s
Everyone who ignores high volume after-hours or early-trading price changes is a fool. TSLA genuinely dropped to $504 on Friday, as some news reports (also initial inquiry by @tinm) suggested that there's an active NHTSA investigation, which turned out to be false: there's an investigation of whether to investigate.
Lol, Shortzes don't need the right STANKIN' investigatation. Poor shortzes stayin' after work on a Holiday Friday and readin' this forum blew $561K after 18:45 hrs shorting TSLA into the close of the After-hrs session (notice no change in the macros? QQQ)
View attachment 501642
Don't worry about it. Volume in their 'short' spree was HALF what it was before 18:45 hrs. ROFLMAO. Nobody cares. VWAP b4 18:45 hrs $510.63 18:45 and $505 afterward. What a waste of money.
They're jus' tryin' to piss you off and ruin you long weekend. Don't let 'em. They're nothings, pissants*. Water buoys while the bozz is off at a fancy NYC restauant. Sad losers, ho!
Cheers!
*Advice for Shortzes: When you're in a hole, first rule is 'stop digging'. The other rules, well you're gonna learn the hard way...
Our is a 5 window pickup, but had a canopy on it, so virtually a van. Some great times were had a that rig... definitely not the SUA however...I took a trip across the country in a Dodge A100, but I was a child. I loved that van. We lived i. It for two months.
You're forgetting that January and February are slow months for car sales. If the linked story/rumor is true, then Tesla is timing things perfectly, using excess line capacity for a new model (Y) that has huge backlog.
Unfortunately yes, mostly due to the current futures, and let’s not forget Shorty is expecting all of us to go in strong so they may try to make a statement right off the bat. I’m hoping for this - BTFDSo, is there anyone here who thinks the stock will go down tomorrow ?
Anyone ?
So, is there anyone here who thinks the stock will go down tomorrow ?
Anyone ?
AJSo, is there anyone here who thinks the stock will go down tomorrow ?
Anyone ?
Up up down down left right left rightSo, is there anyone here who thinks the stock will go down tomorrow ?
Anyone ?
I do unfortunately.So, is there anyone here who thinks the stock will go down tomorrow ?
Anyone ?
So, is there anyone here who thinks the stock will go down tomorrow ?
Anyone ?
Tsla loves negative macro. I have seen Tsla rise more when macro is negative than positive. Remember the China trade war of 2H 2018? Every stock tanked for months except for Tesla.Unfortunately yes, mostly due to the current futures, and let’s not forget Shorty is expecting all of us to go in strong so they may try to make a statement right off the bat. I’m hoping for this - BTFD
In case anybody is supremely bored, you can read the LOLs about people with demon-possessed Teslas crashing though cinder blocks walls (always when parking, curiously?! And often new owners?!) and the caped crusader lawyer who “painstakingly” copied and pasted data from the NHTSA website and social media (typos and all! It’s amazing how many folks can afford $70k+ cars and can’t even bother to spell “brakes” correctly...)My guess as to why the Tesla denial took 3 days to be issued.
The petition is 70 pages in length and discusses in some detail a significant number of the ~180 reported incidents.
If I was Tesla I would pull all the relevant data together. Confirm that none of the data is inconclusive. Determine which ones we had already discussed with the NHTSA.
If I were to issue a strong denial I would want to be able to defend the denial.
Even if I already had this all put together ahead of time I would still review it once more.
In my opinion, rushing out a denial would look like I wasn't taking it serious.