In theory, no, in practice, we don't talk about that.Is Ron Baron allowed to have material non-public information?
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In theory, no, in practice, we don't talk about that.Is Ron Baron allowed to have material non-public information?
Many of the high cap tech stocks have dropped hard in the past hour. It's just macros again.
Max Pain to the rescue?NAS back up, but TSLA still down
Old trick ... MM let TSLA run whenever Baron appears on CNBC and pull the rug afterwards ....
should recover soon ...
Elon said 40,000 per week was the goal on the Q2 earnings call. That’s probably what Ron Baron was referring to.On the 40,000 a week number Ron brought up, Elon reminded him that he can't discuss NPMI, and said in the past he said that was the goal. So Elon seemed to be very guarded with his comments.
(Transcript from motley fool seems to have some mistakes)Emmanuel Rosner -- Deutsche Bank -- Analyst
Yeah. My follow-up was actually on the supply side. So it was very encouraging to see that you're quantifying your current installed capacity at basically already in excess of 1.9 million units installed currently. How quickly do you think that you can fill that capacity?
Elon Musk -- Chief Executive Officer and Product Architect
Well, I mean, we -- I think we've got a good chance of exiting this year at 40,000 vehicles a week.
Drew Baglino -- Senior Vice President, Powertrain and Energy Engineering
Yeah. I mean our internal plans are to have the capacity utilized by the end of the year. It takes time to ramp there. It will be a challenge.
There's a lot that needs to happen to get there but that's what we're working on.
Elon Musk -- Chief Executive Officer and Product Architect
Yeah. We've had many 30,000-car weeks already, so I think a 40,000-car week is within reach by the end of this year.
Drew Baglino -- Senior Vice President, Powertrain and Energy Engineering
Shanghai and Fremont, as we said last month for record production and they're really fire to better doing really well. But then also Berlin are coming on strong. Theoretically, they also had record quarters, last quarter. And if we ramp them to the capacity shown in the deck by the end of this year, we'll be at that rate.
Elon Musk -- Chief Executive Officer and Product Architect
There's always a lot of uncertainty like the production looks like S-curve, and that intermediate part of S-curve the difficult to bridge that with high certainty. But the end part of the S-curve, you can say, I think you can have a lot more certainty. And so that's why I'm confident we'll get to 5,000 cars a week at -- in Austin and Berlin by the end of this year or early next year and probably but not certainly, 10,000 cars a week at both locations by the end of next year.
If you believe that, then you can buy calls for 0.07 cents and wait for a bounce 3&1/2 hrsMax Pain to the rescue?
Even though Elon appeared laid back talking with Ron on stage, he seems pretty stressed out. He looked really tired on stage and should be after just getting off a red-eye flight and admittedly not sleeping. Now he says he's going to go from 80 hours a week to 120. I really hope he's not taking Ambien to sleep and drinking Red bull to stay up. I know from experience just how much that can mess with your thinking, especially Ambien (or any sleeping aids for that matter) and he doesn't need that now or ever.It seems she's fed up with Elon. Can’t totally blame her.
Is it ok to wonder now why TSLA is down now or has our beta moved to 18?
I already had to state this once Federal Reserve, print your reports and then shut it..The labor "market remains tight and that means there's still more work to do," Richmond Fed President Thomas Barkin said in an CNBC interview after the jobs report.
About 5 seconds after he opened his mouth market fell.
Nah, AAPL, AMZN and RIVN all took a similar dive.
Another self goal today .
Percentages are much larger when the SP is much smaller, regardless of how it's perceived.-7,5% intra day move for TSLA
+16% NIO
Wow
“ I have been saying stock is too high but people ignores me and buy Tesla anyways for whatever reason.”Please explain