EVNow
Well-Known Member
There is a battle going on to bring the SP below 350. Its going to be interesting where we end today since 350 is a popular strike price with a lot of open interest (>11k calls and >8k puts).
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Volkswagen could build up to 15 million electric cars over several years on its new electric vehicle production platform, the company said on Friday, adding that its Chief Executive Herbert Diess had misspoken in an interview on Monday.
VW says could build up to 15 million electric cars
VW says could build up to 15 million electric cars
Misspoke / misheard fifteen vs fifty perhaps? Common mistake for non-natives. (Almost wrote non-naives ...
)
Indeed, and this is a significant monthly expiration day for options. As you note, open interest and trading volume are huge today at the $350 strike price for both TSLA calls and puts.
Many market makers and hedge funds would likely want the closing price today to be as close to $350 as possible. They would be willing to accept small losses in trades made today of actual shares, if that will insure they can keep most of the premiums in options they wrote. Actually, any stock trades they do today can be undone on Monday, perhaps even at profits. Of course there is no assurance that they will accomplish their mission.
mspohr
Well-Known Member
15 or 50... it's just PR... we're still waiting....
3m3 minutes ago
This is not for everyone, so DO NOT TRY THIS AT HOME, but I just sold mine only to support and invest in the company that is changing our world for the better, literally betting the house on @elonmusk and the 45,000-strong @Tesla team. #TeamElon
ValueAnalyst on Twitter
@ValueAnalyst ,Thats a bold move but consequent and if you make a profound analysis and concludes as some here did already that the best is still to come, a meaningful step to do.
No investment advice for anybody as you need to be pretty stress resistant and have the long term objective in mind and most investors can't manage the stress a down turn includes. But if you do you will receive a huge payback.
Perhaps the shorts' gravest (let's hope not literally for them in coming months) miscalculation is to misapprehend the psychology of the retail longs:
When people get it, they really get it (meaning both the company and the mission) and jump in with both feet.
The shorts' shenanigans have driven away the faint of heart/head, so more and more of TSLA is held in the strong, safe hands of those who know the score.
The SP's gyrations have de-sensitized both longs and shorts to steep SP movements. This has tended to harden the longs and concentrate long positions, while blinding the shorts.
Truly, longs need stress resistance. Early this year, I stepped in even more heavily so I could vote for Elon (though not the house, quite). So my timing made this a rocky year for me to watch TSLA. But, in this particular game of chicken, we longs don't swerve because we support the mission and we know Tesla has the cars. We also know that Elon has built Tesla into an innovation machine. Oh, and we'll probably make out like bandits within a handful of years.
Not an advice here.
Also not-a-tent I hope ...
SW2Fiddler
We Are Cognitive Dissidents
FUD can be FUD while being true, of course. The F in FUD does not stand for False. It stands for Fear.
bhtooefr
Active Member
Supercharge.info is also listing 135 kW stations being open in San Jose, CA, Aulac, NB, Kennebunk - Southbound, ME, Framingham, MA, and Mansfield, MA, and I didn't go far down the list.
EVNow
Well-Known Member
After not doing anything with TSLA for 7 years, I started buying after going private tweet. So, yes, its been a rocky couple of months for sure
EVNow
Well-Known Member
Trump is nominating the acting EPA chief for the permanent role. As bad as Pruitt. This is where Dems not having a majority in the Senate hurts us.
Disagree just because this makes me so freaking mad!
What madness is on display!
snellenr
Member
It's also annoying because I have a bunch of people on the M3 FB group trying to convince me that Trumpers aren't generally hostile to EVs/green tech.
I don't see the EV credits being changed/renewed. His base won't like to see that.
EVNow
Well-Known Member
Yes - basically Trump picks the most extreme Republicans for all the posts. From Sessions to DeVos to Bolton to now Wheeler. Difficult to name a single sane person in his cabinet.
In market news, NASDAQ has now run up for the 3rd time today. The Market can't decide today what to do.
This forum needs a "Genius" rating.
EVNow
Well-Known Member
Yes - his base won't like it. But unless he starts tweeting about it or Fox News starts talking about it, they won't hear about it.
So far it seems, he is content to just tweet about social issues. That is what really fires his base.
N5329K
Active Member
Well that's settled I guess. All that's left is, you know, actually doing it.
Robin
EVNow
Well-Known Member
What jokers. They can't even keep their story straight.
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