Split or no split it's down $80B USD ($120B CAD)
The air is coming out of the Tesla bubble.
Closed today at a pre split $1,800 a share.
It's all over.
Well, that should launch another round of the oil-suckers pretending to give a shit about the environment.
Good for a bunch of cluelees morons to foist a problem on a future generation after getting their solid gold pensions.
NG yes. Not electric. It was a guy driving for Dayfoss that I was talking to abut his NG truck while fuelling up. He is hauling Nanaimo to Victoria and is not happy with the power or having to fuel up at least twice a day. All our new busses are NG powered. Electric only really works for onsite stuff.Have you seen a shift of short haul vehicles to NG or to electric recently?
Yes the shorts have been taking a bath on Tesla .lots of green funds have an interest in Tesla’s success and profit up .so far they are winning however unless the companies balance sheet and performance improves the support will falter .Those short sellers still standing will finally get rewarded .Tesla Short Interest Set to Hit $20 Billion
Tesla Inc.’s skeptics are undeterred by Elon Musk poking fun at them over the carmaker’s stock surge, with the amount of shares being sold short heading for a milestone.
The Model 3 maker’s stock is poised to be the first to hit a short-interest level of $20 billion, according to research firm S3 Partners. The value of shares that have been sold short has climbed recently to $19.95 billion.
S3 said in a report Thursday that both Tesla and Nikola Corp. shares look like candidates for a short squeeze, referring to when short sellers are forced by a stock’s gain to close their position, which in turn drives the price even higher.
Tesla’s squeeze is more obvious -- its 233% gain this year likely is forcing out short sellers who’ve hit their limit for losses. The potential for a squeeze in Nikola, which is developing fuel-cell and battery-electric semi trucks, has more to do with high borrowing fees, S3 said.
So without a dealer network who does the warranty work? As we know from experience with autonomous and semi autonomous equipment you need a full time tech to keep up with computer failures if you have more than five units.And who is liable every time one of these computer controlled units causes an accident? In mines the Autonomous trucks and scoop trams are on a dedicated route that no other equipment or people can use.oh, and eliminate the dealerships and the salesmen.
State of Michigan trying to ban EV makers (especially Tesla) from operating in their state.
“Motor Vehicle Franchise Act” was created specifically to block Tesla from doing business there, an obvious favor to the dealerships.'
Yes. Those dealerships. They like their jobs but they are not part of the Tesla future.
I only wish Tesla would get into housing and start developing neighborhoods with no brokers or salesmen.