Tesla to cut thousands of jobs as Elon Musk warns the ‘road ahead is very difficult’


petros
+2
#1561
Quote: Originally Posted by Hoid View Post

Tesla sets record for deliveries

Skip The Dishes?
 
petros
+2
#1562
Cyberf-cked...

No cybertruck approval in EU or Russia because of design.
 
captain morgan
+2 / -1
#1563
Tesla down $150 from yesterday.


Let the crash begin
 
taxslave
+2
#1564
Good thing for all the smart people like hoid that believe in buying high.
 
petros
+3
#1565
Quote: Originally Posted by captain morgan View Post

Tesla down $150 from yesterday.
Let the crash begin

$6Billion in one day....
 
captain morgan
+1
#1566
You can see the company struggling to keep the price above $700, but there is too much pressure knocking it down.
 
petros
+2
#1567
Corona virus shut down the Chinese plant.

I guess robots cant work alone.
 
captain morgan
+3
#1568
Rust is a major problem when robots get runny noses (or runny motherboards, etc)
 
petros
+2
#1569
And they get musky.
 
petros
+2
#1570


Eat my SHORTS!
 
taxslave
+1
#1571
All day and hoid hasn't told what a great investment Tesla is at $900.
 
taxslave
+1
#1572
Day two that hoid hasn't been shilling Tesla stocks. What happened to the $1000 share price? Could there be a problem in fantasy land?
 
petros
+2
#1573
Quote: Originally Posted by taxslave View Post

Day two that hoid hasn't been shilling Tesla stocks. What happened to the $1000 share price? Could there be a problem in fantasy land?

Hymie doesnt understand the markets. AT ALL
 
Twin_Moose
+2
#1574
Hoid has been laying low for a few days now, interesting
 
taxslave
+2
#1575
Quote: Originally Posted by petros View Post

Hymie doesnt understand the markets. AT ALL

Along with most other subjects.
 
taxslave
+2
#1576
Quote: Originally Posted by Twin_Moose View Post

Hoid has been laying low for a few days now, interesting

Well even he probably isn't dense enough to keep shilling a stock that is dropping like an anchor.
 
taxslave
+3
#1577
Looks like hoid had to hock his computer to cover his losses on Tesla.
 
captain morgan
+3
#1578
I take it that he's busy working the street corners blowing Johns to make rent
 
petros
+2
#1579
Quote: Originally Posted by captain morgan View Post

I take it that he's busy working the street corners blowing Johns to make rent

And playing bum darts.
 
captain morgan
+3
#1580
Quote: Originally Posted by petros View Post

And playing bum darts.


Best that he sticks to what he knows and leave the trading securities to someone that has a clue
 
pgs
+3
#1581
Quote: Originally Posted by captain morgan View Post

Tesla down $150 from yesterday.


Let the crash begin

Maybe Hoid jumped out the window , shades of the Great Depression.
 
captain morgan
+2
#1582
Quote: Originally Posted by pgs View Post

Maybe Hoid jumped out the window , shades of the Great Depression.


Could be.


What is totally mind boggling is how an already overvalued stock that was under $200 less than a year ago somehow quadruples on no news in an 8 month period.


Punishing the short sellers explains one action but whoever jumped the price would be suicidal in attempting to keep the price there for a sustained period
 
petros
+1
#1583
Something fishy.
 
petros
+1
#1584
It's at 775.57USD
 
captain morgan
+2
#1585
Article is from 2018 but you can bet that the short positions are hugely magnified with the current price of the stock.

https://www.forbes.com/sites/chuckjo.../#383a64591573

Below is from nasdaq, current to Feb 11 (today) but does not include outstanding shorts

SETTLEMENT DATE -------SHORT INTEREST------------- AVG. DAILY SHARE VOLUME------------- DAYS TO COVER

01/15/2020------- 24,954,265------------ 18,352,669------------- 1.359708
 
taxslave
+2
#1586
Quote: Originally Posted by pgs View Post

Maybe Hoid jumped out the window , shades of the Great Depression.

From his mom's basement?
 
captain morgan
+2
#1587
Quote: Originally Posted by taxslave View Post

From his mom's basement?


Yeah, he'd be about that smart
 
pgs
+1
#1588
Quote: Originally Posted by taxslave View Post

From his mom's basement?

A symbolic jump , like his imaginary shares .
 
petros
+2
#1589
Jerking off the dog to feed the cat.

Elon Musk, short on cash, keeps borrowing more and more money even as Tesla stock surges

BY BLOOMBERG NEWS
ORIGINALLY PUBLISHED: FEB 14, 2020

Elon Musk has tapped banks for loans, using his stake in Tesla as collateral.
Aly Song/Reuters files

Tesla Inc. may be selling more stock to help fund its global expansion, but its billionaire chief executive officer is taking a different approach for his personal cash needs: he’s borrowing it.

Elon Musk has US$548 million in personal loans from Morgan Stanley, Goldman Sachs Group Inc. and Bank of America Corp., according to a regulatory filing Thursday, an increase of about 8 per cent since Tesla’s previous disclosure in May.

Tesla will sell about US$2 billion of common stock to help fund capital expenditures, the electric-vehicle maker said in the filing. Musk, 48, and fellow billionaire Larry Ellison, a member of the company’s board, have vowed to personally purchase US$10 million and US$1 million of shares, respectively
 
taxslave
#1590
Still no word from hoid on how great an investment Tesla stocks are That 15% drop in one day has just got to be excellent for your portfolio.