They don’t have any debt, but Tesla is behaving like they’re on the verge of bankruptcy. I can only assume the real reason why TSLA is down 40% over the past two weeks is because Elon Musk is releasing the Twitter files, essentially becoming a whistle blower against government corruption in their attempts to suppress speech. I know I know, you left wingers don’t like free speech and it goes against you’re fucking programming — but that’s exactly what is taking place — unvarnished and without filter.
Perhaps this all pertains to Elon’s leverage to buy the shitbag Twitter and that’s the reason TSLA is circling to zero. Or, perhaps their government subsidies will be stripped away from them, Elon arrested and imprisoned for treason. Either way, THEY are certainly out to get him.
It’s a very brave thing to see Elon buck against the orthodoxy, shoving their left wing dogma where the sun doesn’t shine. But I’ve seen this before, well not exactly this. But I’ve seen other “trailblazers” and it always ends the same: THEY WIN: we do not. Things go back to the way they were, wars happen, Americans stripped of more freedoms, everyone is trans.
As for markets: both cataclysm and doom are striking at once to cap off a year where fuckery reigned supreme.
The way my new trading goes, I’m 100% cash now and will allocate after 12pm. I’m down 64bps with a 10% TZA position in place. I walked into today 20% SQQQ and then traded out of it and also a quick SOXS trade. I was thinking we’d rally today, but this is what we got.
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Hope they don’t JFK him
Or possibly , the peasants are starting to realise that the cars , are not really worth the money
I drove from San Diego to Phoenix over the Holidays, took the 10 there and the 8 back, and didn’t see a single Tesla. Lots on either end, but not on the trip between. EVs simply are not road-trip worthy which obviously limits their appeal to the masses.
LOL classic trumpian scrambled brain logic. Make continuous idiotic decisions and then blame the lefties, deep state, globalists, blah blah… everyone but yourself and your stupid ego-driven decisions. This is your life now Elon, bask in the glory of martyrdom and casting blame amongst the usual suspects.