StarFoxisDown!
Well-Known Member
Remarkedly stable at 516-517 area. Hard to imagine since we're already up 8% but feels it's reloading to move higher.
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We’re at 518, which is 40 points up for the day. That’s a 8,4% rise. Three months ago we would have needed a 17% rise for that same gain. That’s the compounding effect in action right there.
Just in case . What is the strategy if a short squeeze happens?
This seemed to have no effect Israel Grounds Tesla’s Autopilot Feature - CTech
I do wonder how many of the run of the mill shorts (not the guy's like Sméagol) are actually short on the stock or just like to be part of a nasty/troll community.Also note how this process works against short positions: if someone shorted 1,000 TSLA shares at $225 then a 5% industry-wide rally would have generated a loss of $1,125. At $500 the same 5% rally across a particular market segment generates a loss of $2,250.
The later an institutional short like Jim Chanos is covering, the higher the losses from a compounding bull market.
This is why lowlives like Chanos are using short-and-distort campaigns: go short, damage the reputation of a company, cover. If it's fast enough a bull market (and truth) doesn't have time to catch up.
I'm wondering at what price level Chanos is going to capitulate...
True, but with special and particular attention paid to Tesla. Tesla was instructed to inform buyers that FSD wasn't approved. Well, heck, it ain't approved anywhere yet. It does seem intended to blunt buyer enthusiasm of Tesla vehicles, but it also doesn't seem to be that important or significant.Seems like it's actually a reiteration of the existing policy rather than anything new.
Thing is, autopilot is not autonomous. It is supervised driving. Which may not be allowed in Israel, but then Tesla would have to disable it in that market. The whole "instruct customers" seems a bit odd.A spokesperson for the ministry confirmed to Calcalist that since autonomous driving has not been approved in Israel, the ministry asked the company to make sure its customers are aware of the limitation.
Seems like Tesla is waiting approval and has to tell their customers not to use AP until further notice.
Barron's through MarketWatch - 7 minutes ago: Tesla Is an ‘Existential Threat’ to Car Companies That Can’t Innovate, Analyst Says
I hate to fact check the fact checker, but I believe your loss numbers are off by a factor of 10.Also note how this process works against short positions: if someone shorted 1,000 TSLA shares at $225 then a 5% industry-wide rally would have generated a loss of $1,125. At $500 the same 5% rally across a particular market segment generates a loss of $2,250.
The later an institutional short like Jim Chanos is covering, the higher the losses from a compounding bull market.
This is why lowlives like Chanos are using short-and-distort campaigns: go short, damage the reputation of a company, cover. If it's fast enough a bull market (and truth) doesn't have time to catch up.
I'm wondering at what price level Chanos is going to capitulate...
You're saying it won't go below $500? I'm calling it -- it will surely happen.. and don't get me wrong, I'm not a short.
Great sense of shortenfreude realising that every "analyst" who tried to keep the share price down will now end up boosting it massively as they fall like skittles one-by-one and are forced to upgrade!
The thing is, Tesla has already implemented differential capability between markets. If they are not allowed to use "autonomous capabilities" then I would expect Tesla to do what it does everywhere: comply with local regulators.The ministry has notified the electric car company it must tell customers in Israel that they are not allowed to use the cars’ autonomous capabilities.
is that after a split?You're saying it won't go below $500? I'm calling it -- it will surely happen.. and don't get me wrong, I'm not a short.
I've been to Reykjavik once a few years ago, and it's a fun place with or without lights! I'm in like Flynn.
I hope so. I own some shares already and recently decided to put a much larger amount into TSLA, but haven't starting buying more yet. I have been waiting on the usual lower Q1 auto sales numbers to drop the price somewhat.