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Yeah, really? The Biden administration couldn't pass the IRA without Joe Machin who explicitly shaped the bill to focus on American manufacturing of EVs/batteries/mining. Everyone needs to acknowledge (regardless of their political leanings) that it has been more than dishonest that the...

Uh-oh, you've now become Reuters' "source familiar with matter"! :eek:

And Buffet’s biggest criteria: moat. Tesla’s got the biggest moat of any company looking into the next 20+ years!

Why not $69 SP and 450k deiveries in the short term? Short options traders currently control SP. Long term we know Tesla wins!

I feel you. We’re all hurting, but at least we’re together and unified in mission and convictions. This too shall pass.❤️

NEV includes hybrids, whose subsidies are permanently expiring this year (with future subsidies for EVs only). There is a major blowout/last hoorah for hybrids in China since it’s game over starting in 2023.

From what others reported in this TMC thread, the $3,750 incentive was available to all people while the $7,500 was incentive only for those who had reservations, were able to pickup, but had not yet picked up.

One new strategy Tesla has at its disposal after increasing production efficiencies/capacity is to be able to have a new buffer zone (or elbow room) to be able to shut down the plant for longer (reducing overhead expenses) and yet being able to output still greater number of vehicles than at the...

BYD’s recent 5-1 sales include a large # of hybrid sales too since China’s hybrid subsidies are supposed to be permanently expiring in 2022 (similar to in Europe due to the realization threat hybrids are slightly more efficient ICE cars in disguise). Most expect this to be the last hoorah for...

What’s “full Greg mode” mean? Thanks!

This is proof Elon and Tesla is the target of systematic bullying by the powers that be.

Actually, macro has materially changed. Jay Powell announced the expected 0.5% rate hike, but no one expected his plan to keep rates elevated for much higher and much longer which will kill car and house sales for much longer (likes years longer).

Yup. I’ve made at least 1 if not more previous posts about how since TSLA’s 3 to 1 split, liquidity has only increased so it’s super easy to short now and CNS (continuous net settlement) basically causes any failures to be washed through the system and never registering as FTDs (fail to...

I wish we could all chip in and buy Elon a speech filter as a present: just because he can say something doesn't mean he should, especially if it can be ammo for the media to distort, e.g. give them an inch and they will take a mile.

But as you mentioned, the media will distort and twist this into: "Elon said Tesla will have negative margins in 2023!" to tank TSLA down further, GRRR!

Yeah, that's kind of scary. I should probably close some of this out soon since I don't have the cash if/when I'm assigned. Thanks for the reminder that early assignment happens sometimes. My mind has been in a headspin these last 2 weeks of getting pummelled so hard, day after day after day.

I hate it when CSP's go in the money. I was able to buy to cover most of mine between $200-$240. I'm still stuck with some 1/20 $240 CSP's that I'm super underwater on. Sigh.

If the massive 1/20 puts eventually expire (per SpotGamma), what do you guys think if I sell a 1/27 put @ $125 for $13.60 premium? I guess there's a risk TSLA tanks even more :(

HA! This is one of those "funny, but not funny" moments. Sadly, options can get pretty degenerate.

How frustrating when SPY/SPX pumps hard but TSLA is suppressed. GRRR!!!

I'm with you, being super-confused. I was selling CC's until TSLA nose-dived. None of us foresaw this awful price action. There has got to be some sort of relief at some point.

I would absolutely love some elevator up action! Short interests too powerful for us at the moment though.

I'm with you but am concerned that we're not at the lows yet. Every day we descend lower and lower. So painful.

What other thread? Have I been missing out for years?

Shorts were piling in even before Elon sold recently, like right after Q3 earnings they smelled blood and started building their fat short positions. Elon's selling did encourage the shorts to pile in more, though.

Funny how it's always the longs who get screwed over and over again.

Good luck, man! Praying you get the best of the best jobs out there that fits you well and allows for many future TSLA purchases :)

Have you been been selling covered calls, buying protective puts, or any other defensive options strategies you can share with us? Thanks for any insights you can share that might help TMC to HODL with fewer injuries over the next few months.

Yup, time for us all to buckle up and hunker down.

I've never tasted "bear" before, but I look forward to a large portion of dead bears during Q2 or Q3 of 2023. Mmm, mmm, good!

We just need to try hard to not "die" during this bear market :oops:

Another split would actually not help us. It would create more liquidity and make it easier for bears to short TSLA, e.g. fewer FTD's (fail to delivers) and allowing CNS (Continuous Net Settlement) to "wash" or clear shorted shares. Actually, what would really screw the shorts would be a...

Btw, the 10% uptick rule (also known as SSR or Short Sale Rule) is effectively meaningless against TSLA since the primary way TSLA is getting shorted is synthetically by buying puts (forcing market makers to sell shares) and not by outright shorting of TSLA shares (which we would easily see).

We're getting shorted daily and weekly into oblivion. It's a fight between the bulls and the bears. The bears have been fulling in control for months and continue to show no signs of relenting since there are currently no reasons/catalysts for TSLA price to increase (sadly). I wish the Tesla BOD...

Sadly, the shorts will create casualties to some of us in TMC. Hoping we can all HODL through the upcoming recession.

I love the levity. On the serious side, imagine how much Tesla margins would be if Optimus robots could be meaningfully deployed in factories. They would never complain, accuse Tesla of racism, and could run as long as they're charged!

Also, it's a question of "which pie" is the best to use as a lens: only the EV car market or the total auto market of which EV is currently but a drop of (and will be greatly increasing in the future) :)

Keep in mind @cliff harris that there are probably a lot of newer, retail buyers who got in to TSLA at $400, $350, $300, or heck, even at $200 that are severely underwater right now and may need the cash for immediate bills, medical emergencies, etc. Those of us who have owned 10+ years can...

Great observation, @Moon Buggy . I'm much less concerned about TSLA's bad optics with the mainstream media and much more concerned about bad optics with Tesla employees.

Great observation. We all definitely got caught on the greed side of the fence this year. Now fear is striking us. I really hope and pray for a minor recession and a quick bounce back if Jay Powell acknowledges he's been using fake/inaccurate jobs numbers and relents on the rate increases for...

For better or for worse, it's been much easier to hold onto my TSLA shares thanks you and the rest of our TMC family. Strength in numbers, my friend :)

Darn. I hope this isn't due to chip shortages still, since we supposedly don't have any battery cell supply constraints anymore.

If Tesla could only manage marketing well also. If we did a real education to the average car consumer, sales would increase. Again, this is why we need channels of communication that aren't propagating false ICE narratives through mainstream media and social media. In the end, maybe the Blue...

Nothing irrational about Wall Street's pessimism - it's self-perpetuating and self-propagating, just like increasing weekly buys of TSLA puts continues to force our TSLA share price down. There is no optimism for macro economic conditions until possibly the 2nd half of 2023. Until then, we need...

I totally agree with you, Mengy. With macros still pointing downwards through at least 2nd half of 2023, that simply means TSLA will continue to go down due to active fund selling pressure from SPX/SPY and QQQ. The entire world is getting hurt by Jay Powell and now Christine LaGarde with rake...

Tesla needs to be in hard-core ramp-up mode for CT now. Every day they can't sell CT's is tons of money lost. I hope 4680's aren't slowing down or blocking CT production ramping.

Keep in mind that Wall Street will NOT give Tesla the benefit of the doubt, especially in bear markets. They will be ruthlessly negative. Unfortunately, we TMC'ers assume rational players in the stock market, but this is not true.

Along these lines, Tesla should give like 1, 2, or 3 months of EAP for free - just enough for people to get used to it and realize the value of EAP. Then they'll either subscribe monthly or buy it outright :)

You're right. The real question is how much lower will we go before we hit bottom :oops:

Totally agree with you. When Tesla has pre-announced, the clock starts ticking and Tesla is held to some timeline (whether self-declared or media/analyst imposed). Tesla should follow Apple's lead: don't announce any new products until just before general product availability. This also helps to...