Exactly the same as is known with a clickbaity headline.
).
The last 30-60 mins have not been encouraging...............TSLA weakening very quickly. Now down more than macro's. At the rate it's going, it's going to end up down 2X the marcros.
Exactly the same as is known with a clickbaity headline.
The permit was illegal due to there being no (or not enough) public participation. That has to be done again and MAY jeopardize the permit. But if the do the public hearings as required than the permit still stands.
It is not "no water for anyone", but "due process was violated and has to be redone". Normally a nothingburger in Germany - unless there are new facts that were not presented beforehand in 2020.
But it is Tesla and makes good headlines.
And remember: The contract was only with one municipal provider. Tesla is free to contact a neighboring municipality, lay a pipe and get it from there (with a bit of the usual german permit-hell of course
They have already contracted for gigafactory so pumping extra is not required (I think). It could concievably come up for expansion but even then this is much to do about nothing. Water is cheap, even paying to shut down a competing water user is cheap.
And how does that happen? The requirement is established and known in advance. Someone ran out of fingers and toes when setting the date? And why wasn't the end date noted to be short of requirements by the applicants?
Very frustrating considering TSLA stands to profit nicely from high gas prices with even more demand. Amazing that some people can't figure that out....
It might have been something as stupid as differing definitions of 30 days - does it include only working days, or also weekends/how are public holidays intrepeted? Do they define say from 2nd Dec to 3rd Dec as one or two days? Does it matter if the announcement on the first day was before 9AM - if not would it count as only half a day? The rules themselves were probably not clear, and people were likely previously always interpreting it one way with no problem, but then the (as it turns out almost for sure VW and/or Russian sponsored) green agenda activists argued that the rules could be interpreted in such a manner that 30 is really 28. Just speculation, but wouldn't be surprised if something like this is what happened.
Yeah, this "snippet" from the show 4 days ago is 34 minutes long. But its freely available to the public, from the producers of the show.
There's lots of extended content there besides "snippets", if you'd bother to read the link.
Disappointed but not surprised. TSLA's TTM P/E is going to be used it against it in this environment until it's brought down, whether by stock price decline or Tesla rapidly increasing earnings.
follow up on my post about the documentary
Watch Gaming Wall St | Max
Watch Gaming Wall St and more new shows on Max. Plans start at $9.99/month. Kieran Culkin narrates this two-part docuseries exploring the historic 2021 short squeeze of GameStop, and how a group of armchair investors and online vigilantes ultimately helped expose the dark underbelly of Wall Street.www.hbomax.com
sorry if a bit off topic, but it’s weekend, and how much of our TSLA money was basically stolen, withheld, delayed over the years due to these elitist petulant criminals?
@Artful Dodger @Papafox
part 2 had some articles referenced on screen. some were easy to find and others not. plus a bonus one i found by liz moyer, which was very good.
bob drummond bloomberg markets article
drummond article
john welborn phantom shares menace
The 'Phantom Shares' Menace
The author argues that "naked short selling" is a large and growing problem in U.S. equity markets. The unsettled trades threaten the corporate votingdeliverypdf.ssrn.com
liz moyer forbes, naked and confused
Naked and Confused
How a tiny software outfit fell victim to an illegal but unrestrained practice known as naked short-selling.www.forbes.com
what id love to track down is the anonymous 300 page dossier on rampant short selling liz moyer referenced in her article. it was a long time ago, but may as well put it out there. i wonder if she ever saw it, or was just told about it.
Merkel's decision, as I recall, was in the wake of the Fukushima disaster. Which occurred just about as we were collectively relegating the Chernobyl disaster to ancient "it could never happen again because we've learned so much" history. And really only just before "we hope Russian troops don't cause a meltdown at this reactor or damage the spent fuel containment pools as they invade Ukraine today" history-in-the-making.
C'mon, the market is getting destroyed, everyone thinks we are about to be vaporized in a nuclear blast (first order of business, liquidate my portfolio so I can access the cash after Armageddon!), the FED is going to raise interest rates to 20% and put out a special memo targeting high P/E stocks signed off on by Congress and every single fossil company in the world and you want to know why TSLA is down 3.5% today.
Seriously.....Nasdaq and S&P were at these levels two weeks ago. And what was TSLA at? $695/share. So......it's disappointing to see TSLA get weaker throughout the trading day after it held up for much of the day but some perspective is needed. It's still a decent day. TSLA would normally be down 2.5-3X the macros.
