I wish I were as smart as you. When I see it happening I just can't sell.
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Great insight concerning the 420 counter move against the Saudi purchase.
Once the subpoena issue becomes irrelevant , the stock should recover substantially .
Elon’s mental state is super stable , the aug 15 interview confirms it.
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anthonyj
Stonks
Does anyone think Elon is making himself look bad on purpose? Is he creating doubt to attract more shorts, which would then in turn lead to greater shock and a short squeeze once the deal is public? Maybe the board is in on this?
bdy0627
Active Member
That is not in Elon’s wheelhouse.
I would love to be completely wrong being long.
Announcing TSLAP is not necessarily a bad idea but the execution was brutal. Long burn of the century if you overleveraged with short term options or put your house on it.
No. Elon is not Sun Tzu.
Zhelko Dimic
Careful bull
Nope, he's just naive.
His technological, visionary, systems-building strength does not extend to understanding individuals, nor to the emotional maturity. This is far from the first highly emotional interview, this time he just walked into a trap. NYT did a decent interview some 6-12 months ago where he said "I will never be alone again" through tears about breakup with Amber. NYT was fair that time, sympathetic even, didn't turn it into a hit piece, but it was eye opening to me in terms of Elon's fragilities. Perhaps that's what made him trust NYT again, incorrectly this time.
Deifying Elon and ascribing all his actions to master plan is the wrong thing to do.
Better way forward is to understand when he makes a mistake, and either 1. bat the hatches, or 2. bring more money into play if you can, as his blunder(s) create price dislocation (miss-pricing) opportunities.
I don't think so, however he typically sees the future before anyone else so it's not impossible.
The sheer blizzard of lies, innuendo, bias, and hatred of all things Musk, is really starting to reach some kind of crescendo.
I do not believe that the false and misleading narratives to bash Tesla and Elon Musk, the manufacture of hateful and destructive articles, along with tv discussion segments on CNBC, etc, will disappear when the company goes private, but they will be decoupled from stock manipulations, and that makes a big difference.
And lets clarify something here: there are short sellers and options traders who play TSLA for profit. Standard short-sellers are in fact looking for a profitable return on their market actions directly. But a significant segment of TSLA shorts, as we now can clearly understand, are not in fact interested in directly profiting from short-selling activities in the market. In fact, just as Elon Musk is not in the market to make short term profits on share trading, so these shorts are not interested in profits on the trading itself. Elon's goals are "about more than just the money," so, in a way, are the goals of these "shorts."
While Elon's mission for Tesla is to accelerate the transition to sustainable energy and transport for all humanity, the mission of these particular shorts is to destroy or at least to inhibit Tesla and Elon to the maximum extent possible. Through the observation and study of these players, aided immensely by the excellent analysis in jesselivenomore's thread, and Matt Taibbi's book, of the motivations and historical activities of shorts like Jim Chanos, we have come to understand that for these particular players shorting the company is a tool deployed to degrade and destroy a company. Their "investment" in this tool, as supported by the Koch brothers, and others, means billions in near-term losses would be acceptable in pursuit of the larger goal: to protect current and future profits (and political dominance) of the fossil fuel industry and associated international mafias (e.g. Russian, Koch bros, etc).
Therefore we should not for a moment think that the fight to defeat Tesla will stop when the company goes private. However, the steady stream of misinformation is not nearly as effective if it is not carefully timed and coordinated with short selling activities. As Tesla has succeeded this has been more and more in evidence recently. It is easy to observe how often the release of some particular FUD hit piece, or financial "analyst's" price targets, is accompanied by a massive dump of shares designed to draw down the price and appear to be the "market" reacting to the latest FUD. Of course, then the other players in the market DO react, and the trend is created, or inhibited, as the case may be. Going private for TSLA simply eliminates these tools for market mischief, and breaks the ablity to link share price manipulation directly to the output of the FUD machine.
I do not believe that the false and misleading narratives to bash Tesla and Elon Musk, the manufacture of hateful and destructive articles, along with tv discussion segments on CNBC, etc, will disappear when the company goes private, but they will be decoupled from stock manipulations, and that makes a big difference.
And lets clarify something here: there are short sellers and options traders who play TSLA for profit. Standard short-sellers are in fact looking for a profitable return on their market actions directly. But a significant segment of TSLA shorts, as we now can clearly understand, are not in fact interested in directly profiting from short-selling activities in the market. In fact, just as Elon Musk is not in the market to make short term profits on share trading, so these shorts are not interested in profits on the trading itself. Elon's goals are "about more than just the money," so, in a way, are the goals of these "shorts."
While Elon's mission for Tesla is to accelerate the transition to sustainable energy and transport for all humanity, the mission of these particular shorts is to destroy or at least to inhibit Tesla and Elon to the maximum extent possible. Through the observation and study of these players, aided immensely by the excellent analysis in jesselivenomore's thread, and Matt Taibbi's book, of the motivations and historical activities of shorts like Jim Chanos, we have come to understand that for these particular players shorting the company is a tool deployed to degrade and destroy a company. Their "investment" in this tool, as supported by the Koch brothers, and others, means billions in near-term losses would be acceptable in pursuit of the larger goal: to protect current and future profits (and political dominance) of the fossil fuel industry and associated international mafias (e.g. Russian, Koch bros, etc).
Therefore we should not for a moment think that the fight to defeat Tesla will stop when the company goes private. However, the steady stream of misinformation is not nearly as effective if it is not carefully timed and coordinated with short selling activities. As Tesla has succeeded this has been more and more in evidence recently. It is easy to observe how often the release of some particular FUD hit piece, or financial "analyst's" price targets, is accompanied by a massive dump of shares designed to draw down the price and appear to be the "market" reacting to the latest FUD. Of course, then the other players in the market DO react, and the trend is created, or inhibited, as the case may be. Going private for TSLA simply eliminates these tools for market mischief, and breaks the ablity to link share price manipulation directly to the output of the FUD machine.
I worked as a critical care nurse for a few years (many years ago) and everyday I dealt with real crises where actual lives were on the line so as long as no one is dying I can take most horrible events in stride, but everyone can only take so much turmoil and negativity before they crack. There is nothing wrong with stepping away. The trolls do it all the time. We continue to see new people come here so the investor forum isn't going away. There will be new Bulls, new Bears and of course a swarm of new trolls to feed on all our carcasses. Life goes on. But people need to tend to their own sanity first. If people are just venting that is good, but can we have a venting thread so this one isn't clogged up and I don't have to start putting people on ignore who I normally love reading their posts.
In a week or two or 10 we will think how could anyone believe any of the crap that was being pushed against TSLA and Elon.
I'm Long and plan to remain so. Bought 500 more shares just before the second dip yesterday so no one should trust me on timing stock moves.
Drumheller
Active Member
Kate Kelly, another of the authors of that NYT hit piece
yeah, but they don’t deserve a taste of their own medicine, right? seems pretty premeditated to me.
bdy0627
Active Member
So you are shifting the cash into your account to cover the sale of J20 puts then? I'm still trying to figure out how much cash I need to keep on hand per put as well as whether or not the cash can be invested in stock or if it needs to be in cash. I think that may vary depending upon the brokerage. You mentioned at one point that you need to keep 40-60% of the amount that would be needed to execute the put and purchase 100 shares of the stock at the put price. For $420s, you would need about $21,000 cash in the account per put sale then, right?
Drumheller
Active Member
If the NYT had integrity, the article would be pulled and those authors would be reprimanded.
Of course, that won't happen, because the NYT, like most major USA media outlets, is the propaganda arm of some controlling interest.
Driver Dave
Member
I held on but then came close today when I open up the times to see this headline:
Investors Betting Against Tesla Made $1 Billion on Friday
I was hoping that this follow up article may have had at least a hint to the fact that many people found the interview article one sided, unfair, more spin than accurate reporting, but alas, there was no such thing.
So sad the Times is just so off on this.
Zhelko Dimic
Careful bull
Yes, cash cover is necessary to sell naked puts.
Primer, TD Direct Canada:
1 J19 $440 put ties in $29675 of my cash (this is variable though, as price goes down/up!)
5 J19 $420 put tie in $123,460 if my cash, however, I own one J19 $300 put, which lowers my liability
I'll be selling J20's going forward, truth be told I thought I already did. Main reason I didn't is tax considerations for options selling in Canada, I like wrapping my gains and losses in the same year, hence J19 is better candidate, otherwise I end up subsidizing government, as proceeds of the option sale counts as gain (and buying back as loss)
BTW, owning options does nothing for margin, owning stock counts 50% as cash against margin.
The "I never want to be alone" interview you are referring to was with the Rolling Stone.
Drumheller
Active Member
They spoke to Musk for an hour. Where is the content from an hour long conversation? Where is the transcript?
Compare to the youtube interview with Marquees that was recording the day before the NYT phone interview.
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