Why doesn’t this makes sense? It could be adjusting to environmentYesterday Tesla announced laying off 10% of worldwide workforce.
Today that Musk will travel next week to India to talk to PM Modi about opening another yet another Gigafactory there.
Makes sense.
Tesla 2024
- Thread starter VicBee
- Start date
Ok so they gain in India and maybe surrounding region to capture market share (which if anything will further compress gross and net margins - likely much lower retail prices), but if worldwide EV sales growth rates continue to moderate what then?
A year ago,you could have just assumed there was method to his madness.
I don't think I would be profitable trading options with the commissions, spread and I find the entire idea of time decay offensive.
I missed the 154 handle this morning because of work or it would have been worth some kind of bet long.
I missed the 154 handle this morning because of work or it would have been worth some kind of bet long.
Swimming against the tide is a good way to drown.
you want to be in at the right price, not asking you to trade options. sell at whatever price you want to enter, or you do a pelosi trade.
I would contend this quote is 100% wrong. The way to drown in trading is to do what everyone else is doing. This idea seems patently obvious to me.
When people are talking like Tesla is going out of business I am looking to take the other side of that, at the right price.
The best part of trying to catch the high or low tide is it is really obvious when you are wrong. You don't delude yourself with riding out a loser, you just get out. I kind of expect to be wrong most of the time so it is easy to just get out. The way to really drown is to expect and believe you are right.
When people are talking like Tesla is going out of business I am looking to take the other side of that, at the right price.
The best part of trying to catch the high or low tide is it is really obvious when you are wrong. You don't delude yourself with riding out a loser, you just get out. I kind of expect to be wrong most of the time so it is easy to just get out. The way to really drown is to expect and believe you are right.
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Huh who? What credible person/entity is saying that?
But why didn't you buy @ $400, $350, $300, $250, $200, $190, $180, $170, $160 so far?
Or have you already like Vic?
Once one buys a stock they have a bias, they obviously believe the price will go higher. Otherwise they would, or at least should, exit.
If you have a long bias ... go long.
But I will continue to post unbiased, based on current reality or as it changes, Tesla facts. And those point to still lower prices getting its PE closer to what its bottom line numbers call for.
Though its your money .. to lose.
“Tesla Asks Investors to Approve Musk’s $56 Billion Pay Again
Photographer: Etienne Laurent/AFP/Getty Images
By Dana Hull and Anders Melin
April 17, 2024 at 3:38 AM PDT
Updated on
April 17, 2024 at 4:39 AM PDT
Tesla Inc. asked shareholders to vote again on the same $56 billion compensation package for Chief Executive Officer Elon Musk that was voided by a Delaware court early this year.
In its proxy filing issued Wednesday, Tesla also said it will call a vote on moving the company’s state of incorporation to Texas from Delaware. The carmaker will convene its annual meeting on June 13.”
https://www.bloomberg.com/news/arti...sk-s-56-billion-payout?embedded-checkout=true
- Company also calls vote on moving incorporation to Texas
- Tesla chair criticizes Delaware court that voided CEO’s award
Photographer: Etienne Laurent/AFP/Getty Images
By Dana Hull and Anders Melin
April 17, 2024 at 3:38 AM PDT
Updated on
April 17, 2024 at 4:39 AM PDT
Tesla Inc. asked shareholders to vote again on the same $56 billion compensation package for Chief Executive Officer Elon Musk that was voided by a Delaware court early this year.
In its proxy filing issued Wednesday, Tesla also said it will call a vote on moving the company’s state of incorporation to Texas from Delaware. The carmaker will convene its annual meeting on June 13.”
https://www.bloomberg.com/news/arti...sk-s-56-billion-payout?embedded-checkout=true