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Shake out the Longs, now shake out the Shorts ...
Gentle men, its GREEN
Shake out the Longs, now shake out the Shorts ...
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Gentle men, its GREEN
I take umbrage at you implying I'm a liar. If you're implying I'm trolling by such a statement then you clearly haven't paid any attention to my posts over the last 4 years.
I hardly think the current environment is ideal for car purchasing, do you? I'm certain the demand is there, but not convinced people have the appetite right now.
Just this morning I bought a new (used) car, and heard the exact same thing re: pent up demand from the folks I was working with.This is only one data point but my in-laws have a Volvo Dealership here in Washington State and new car sales have been booming for the last 10 days. A lot of pent-up demand. I'm guessing if they can sell Volvo's like hotcakes with social distancing in place, Tesla will have an even easier time of it.
A Texan?Google Maps
Someone edited google maps to show the Hutto location as "Tesla Terra Factory."
Who, with the Tesla love to actually make this point, would get the name wrong?
Doubt it. Probably just algos buying on this headline Tesla returns to 'normal operations' at U.S. car and battery factories — read the email sent to production workforceLess than half the average volume, down macros day, SP still in the green. Strong.
Doubt it. Probably just algos buying on this headline Tesla returns to 'normal operations' at U.S. car and battery factories — read the email sent to production workforce
Hmmm, I used to rationalize spending more on my bicycles by reasoning the money applied to multiple ‘pots’; not just entertainment but also health care and transportation (I commuted by bike in many years).The demise of ICE vehicles is a double edged sword. As used vehicle prices plummet, and dealer incentives increase, this will take sales away from Tesla. I do think we are in a recession. I do think in the fall, things will worsen. Yes there will be demand for model Y, yet not as much demand as there would of been. It will be hard for people who absolutely need a new vehicle to drop big money on a Tesla where there will be lots of luxury vehicles to be had for really good deals, and filling up the gas tank is cheap.
Spent most of the day ~ 807. The dip to 797 most likely was a mini bear raid. Started climbing around 2 ET which is exactly when the piece came out. This news is really no news to bulls. Algos buying is exactly the reason why it can be sustained.The buying would have dried up very quickly if it was algo's responding to a report or piece of news. This has been a gradual incline while decoupling from the macros. Having said that, if max pain on options is 800 and since volume is still really low, won't be hard to push this thing back down in the next hour
If Tesla didn't have the orders and a healthy order rate, they wouldn't have pushed so hard to get Fremont back up and running. It would have been much more cost effective to continue to put workers on furlough/unpaid leave
The backlog for all models gives a strong pipeline regardless of the COVID environment. They also think the current pace of orders can support a full run rate at Fremont ASAP.
Agreed. I would refer back to my post last week that summarized Deutsche Bank's note published on May 11th.This is what Tesla was relaying to investors:
We know the Model 3/Y battery packs aren't designed for easy swapping like the S/X so be careful when making assumptions.I find it unlikely that there aren't plans in place to support replacing the batteries in legacy vehicles with new ones, not for free of course, but in a long term robotaxi plan the batteries are the first to go.
Just a guess but I bet next gigafactory will be announced within 24 hours.
You were being serious? Ok, my bad. I thought you were dancing around a ‘demand’ issue in a joking manner so I couldn’t add another demand share to my pot.
So, no. I wasn’t calling you a liar. I was being 5000% sarcastic because I thought you were joking.
I now will go back to post a disagree, add another share to my pot and formally tell you you’re wrong: you’re wrong. Plenty of appetite for Tesla vehicles in this environment. Watch and see.
Adding: So you’re Tesla vehicle order today was what? A lack of appetite?
Doubt it. Probably just algos buying on this headline Tesla returns to 'normal operations' at U.S. car and battery factories — read the email sent to production workforce