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To: Skywise

Just be glad you aren’t in the crowd that shorted Tesla $200 ago and are stuck in a breathtaking squeeze.


7 posted on 01/08/2021 9:46:58 AM PST by mad_as_he$$
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To: mad_as_he$$

I expected a short squeeze rally last year, but what we’ve been seeing hasn’t been that. The big shorts have made money and will lose some from time to time as those who turn out to be best at it continue to enjoy the same roller coaster. :^) And the stock price is so high, they don’t have enough cash and lack enough caution to drive the price.

At the rate Tesla’s been ramping production and selling literally every car they can produce.

Chinese demand for the Tesla models is stronger than they can build in Shanghai, I suspect the Berlin plant will not be able to keep up with EU / UK demand either.

The Austin plant will be building the Cybertruck, as well as battery packs. Battery production at the plant in Nevada could double or better over the next two years due to migration to new designs and methods.

It’s hard to believe that there won’t be announcements for plant construction in three or four other places, and those announcements will come during 2021. I suspect one location will be Israel, btw, besides the more commonly suggested India (to sell to the Indonesian and Australian markets, and elsewhere in the SE Asia / W Pacific). Probably a second plant in the southern US, but west of the Mississippi, will be on the list as well.


14 posted on 01/08/2021 10:04:28 AM PST by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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