Posted on 01/07/2020 9:47:21 AM PST by C19fan
LOL. One of the career bears was interviewed in the second half of 2019, said he'd given up shorting Tesla, basically because he'd always been wrong, and realized it. That contrasts with the idealogical opposition, and the professional margin traders (shorts) who get a bug up their asses and prefer to keep losing money being wrong.
Trader spots something interesting in Tesla’s debt
https://www.youtube.com/watch?v=d85EriQfzX8
Step on the gas, no, the electric:
https://www.youtube.com/watch?v=HG6T0OlKHoE
Tesla models for the US market are and have been built in the US.
Buy America !
Case closed!
I don’t think Tesla would be the battery supplier to its competitors; Rimac is a supplier to the European auto mfgs, and with a 500 million investment by Ford, Rivian would probably be the domestic supplier to Teslas competitors.
Musk was born in South Africa. His net worth is estimated at $23.6 billion. He is said to be the 40th richest person in the world.
He is 48 years old. He is agnostic. He's been divorced 3 times. Has 6 children. Now unmarried, his present "partner" is pregnant.
He describes himself as "socially liberal and fiscally conservative". At one point he admitted he was a socialist at heart voting-wise. He covers all bases by spreading his money around politically to both Democrats and Republicans.....and to the ultimate presidential candidate of each party.
He is presently supporting Andrew Wang, the liberal socialist, globalist Democrat candidate for president.
Elon Musk lives in Bel Air, California.
Would I buy a Tesla from Musk even if I wanted an electric care (which I don't)?
Nope.
Leni
Well, at least we all know it had nothing to do with the sourcing of the car.
(re #58)
Thursday: 480.12 -10.80 (2.19%)
After hours: 480.12 -1.22 (0.25%)
I suspect an upward trend in Friday premarket trading, a higher open, and a regaining of this lost ground before noon. A bit of a selloff wasn’t surprising after the gain on Wednesday.
Published on Jan 22, 2019 | Portfolio manager Steve Eisman predicted the financial crisis of 2008 and was one of few that made money when the stock market crashed. The process inspired Michael Lewis' book "The Big Short", which later became a successful Hollywood film. Swedish journalist Katrine Marcal meets up with Steve Eisman in London to discuss worldwide issues and how they affect his current investments. The conversation revolves around politics, company analyses and the emotions of investing. Among the controversial shorts in Eismans portfolio are a few British banks that could be hurt by a recession caused by Brexit. He is also shorting Tesla, a move that is offending owners of the American car.
Steve Eisman: "It's very hard to short a stock that's a cult"
Trader spots something interesting in Tesla's debt
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