Hmmm. Where'd tsla close today?
$168?
Imagine that.
I really should get a paycheck here.
Two weeks out, a billion plus shares, and a trillion dollars in options traded in between.
One picture says it all.
https://www.elitetrader.com/et/threads/tsla-crashes-to-5-per-share.371677/page-41#post-5958319
And one like given at ET.![]()

Ya know the very next morning after I wrote this post, it was a Tuesday night... Cramer in his little 9AM-9:45AM gig on Squawk Box.... called Elon Musk "A traveler." 100% straight up. If anyone can find that morning's show, by all means.... fact check me. It's not that I care, I was actually flattered. And I know most of you hate him, but whatever. He's a very smart man. And you pro's that post here... again...whatever... I won't say you're jealous... but he is what he is. IMO, he's got an IQ that's off the charts. I was shocked when he said that, because there's no way that was a coincidence.Elon's not worried about quarter to quarter noise. He's thinking years ahead. He's a traveler. Lots of shorts are gonna learn that tomorrow, and I suspect also in the months and years to come.
~vz
TSLA---$163.98
He will knock out the smaller manufacturers like Rivian and Lucid. I don't think either of them will be around next year. But it's going to be harder and harder for him as time goes by. A lot of people are loyal to Tesla, he has an amazing fan base. But so does, GM, Ford, Toyota, and Honda.
270? An automobile manufacturer already trading at a 60x PE and you expect it to rally 60%? Even the stupendous historic rally in the indices since early 2023 hasn't been enough to keep this turd flying high.
The stock at 170 highlights what a shitshow the 2020-21 gamma-squeeze rally was to begin with. Yet, absent some kind of catastrophic catalyst, it takes a while for the air to leak out of the tires. I see 50% downside from here, easy.