TSLA Market Action: 2018 Investor Roundtable

[Mike Smith]

CNBC, Bloomberg, Yahoo, and Reuters are all reporting that there is a 'Tesla Recall of 8,898 vehicles in China', without making it clear it's the same Bosch bolt issue they were reporting last week, and still without mentioning that Bosch is paying for it. Many investors and algos now think this is a new vehicle problem and recall (which seems to have been the objective).

 

[Chickenlittle]

CNBC, Bloomberg, Yahoo, and Reuters are all reporting that there is a 'Tesla Recall of 8,898 vehicles in China', without making it clear it's the same Bosch bolt issue they were reporting last week, and still without mentioning that Bosch is paying for it. Many investors and algos now think this is a new vehicle problem and recall (which seems to have been the objective).

Are you surprised? I am just glad they didn' say the recall would spread to usa

 

[bdy0627]

Looks like a bear attack. Everything is moving up but Tesla is dropping

I don't like it much but I have to say I'm impressed with the timing and effectiveness of this short attack today. The attack came after SPY had run up pretty hard. Shorts can expect at least a moderate pullback of SPY most likely, which would be expected to bring down TSLA with it, amplifying TSLA's pullback from this attack.

 

[bdy0627]

CNBC, Bloomberg, Yahoo, and Reuters are all reporting that there is a 'Tesla Recall of 8,898 vehicles in China', without making it clear it's the same Bosch bolt issue they were reporting last week, and still without mentioning that Bosch is paying for it. Many investors and algos now think this is a new vehicle problem and recall (which seems to have been the objective).

Ahhh. So this is what was behind the late morning drop.

 

[Zloy]

To contribute to the short/loaned shares talk. IB has no shares for shorting recently, and the interest rate is growing (5.35% currently)

 

[Esme Es Mejor]

Ahhh. So this is what was behind the late morning drop.

Free money (while supplies last).

 

[Lbkmxp100d]

CNBC, Bloomberg, Yahoo, and Reuters are all reporting that there is a 'Tesla Recall of 8,898 vehicles in China', without making it clear it's the same Bosch bolt issue they were reporting last week, and still without mentioning that Bosch is paying for it. Many investors and algos now think this is a new vehicle problem and recall (which seems to have been the objective).

It’s absurd! We obviously know different since we follow Tesla but for many casual traders may not realize this is same recall from last week. I guess the only good news is hopefully these people realize it’s same “voluntary” recall once some pre Teala articles are written.

 

[Rarity]

To contribute to the short/loaned shares talk. IB has no shares for shorting recently, and the interest rate is growing (5.35% currently)

Thank you, Zloy. Is that 5.35% the rate to borrow or is it the rate to lend (rebate rate)?

 

[Richgoogol]

I don't like it much but I have to say I'm impressed with the timing and effectiveness of this short attack today. The attack came after SPY had run up pretty hard. Shorts can expect at least a moderate pullback of SPY most likely, which would be expected to bring down TSLA with it, amplifying TSLA's pullback from this attack.

Yep seems like their normal strategy. I’m just waiting to see what happens first before pulling the trigger again.

 

[ggies07]

CNBC, Bloomberg, Yahoo, and Reuters are all reporting that there is a 'Tesla Recall of 8,898 vehicles in China', without making it clear it's the same Bosch bolt issue they were reporting last week, and still without mentioning that Bosch is paying for it. Many investors and algos now think this is a new vehicle problem and recall (which seems to have been the objective).

And my response to this is.....

 

[Dwdnjck]

CNBC, Bloomberg, Yahoo, and Reuters are all reporting that there is a 'Tesla Recall of 8,898 vehicles in China', without making it clear it's the same Bosch bolt issue they were reporting last week, and still without mentioning that Bosch is paying for it. Many investors and algos now think this is a new vehicle problem and recall (which seems to have been the objective).

Two recalls for the price of one.

 

[Zloy]

Thank you, Zloy. Is that 5.35% the rate to borrow or is it the rate to lend (rebate rate)?

Fee rate 5.35%, rebate rate 3.66%

 

[immunogold]

Two recalls for the price of one.

Or one recall for the price of two.

 

[ggr]

i'll need a source on that. I was under the impression that tesla imports close to none chinese goods.

I thought Panasonic had an 18650 production line in China? But I might be confabulating.

 

[bdy0627]

Two recalls for the price of one.

I guess we will be hearing about a TSLA recall in Europe shortly as well...

 

[Skryll]

Free money (while supplies last).

No kidding - that is how I paid for my Model X back in the 'car fire ! car fire!' days

 

[Drax7]

Trading as if someone has advance negative information.
Like a downgrade by a brokerage firm.

 

[Krugerrand]

I thought Panasonic had an 18650 production line in China? But I might be confabulating.

If so, it would mean NOT Model 3 related making yet another false narrative from the original poster.

 

[yngwie_2012]

If so, it would mean NOT Model 3 related making yet another false narrative from the original poster.

loaded 50 Shares @293, hopefully not too early

 

[Curt Renz]

loaded 50 Shares @293, hopefully not too early

The TSLA price level near your trade provided support on 2017 MAY 03, 2017 NOV 02 & 2018 FEB 09. It appears to have provided support again today. Well done!