First time when Elon said TSLA is too expensive - He split TSLA shares.
Second time when Elon said TSLA is too expensive - Every TSLA fan boys assume the same. Could it be he meant he would start selling TSLA shares?
My $RIVN stock dropping like a rock.
You bought into RIVN? You deserve to lose the money 
People who feel that they missed the boat on TSLA and jumped into RIVN instead are not at all smart investors.
BTW, you have not missed any TSLA boat should you decide to buy into it today. Stock will 10x again 
This is the most scary article I read in a long time.
FT: The ‘Tesla-financial complex’: how carmaker gained influence over the markets
The Tesla options market — more than 60 times as active as the entire FTSE 100 options market, and almost seven times greater than Euro Stoxx 50 options — has helped push US option trading volumes above actual stock trading volumes this year.
Golding estimates that historically the combined trading activity in US equity options has been between 10 and 20 times larger than activity in the biggest individual equity options market. However, there have been days recently where Tesla’s option trading activity has been five-to-six times the rest of the S&P 500 options ecosystem combined. “The size of the Tesla options market is absolutely enormous,” he says.
The scariest section to me is this one:
Tesla’s fame and the volatility of its stock have also started to make it a component in some structured investment products, such as “auto-callables”, further enmeshing its shares into the fate of the broader financial ecosystem.
Auto-callables are complex savings vehicles — particularly popular with Asian investors — where bankers construct an attractive, bond-like fixed return by selling stock options. Historically they have been mostly options on broad stock market indices such as the S&P 500, Hang Seng or Nikkei, but because of falling market volatility some bankers have started to structure them with options on choppier individual stocks. Tesla has emerged as a popular choice.
“Tesla is perceived as safe because it is big and at the technological vanguard, but it’s incredibly lucrative [for investors] to put into structured products because it is so volatile,” says Simplify’s Green.
This reminds me of the complex structured vehicles built on mortgages back in the housing bubble days. Wall Street banks package something fundamentally volatile, do some fancy math modeling, make it sound like something stable and market it to everybody hungry for yields. Really, really scary shit.
Wikipedia:
The value of American subprime mortgages was estimated at $1.3 trillion as of March 2007, with over 7.5 million first-lien subprime mortgages outstanding. Between 2004 and 2006 the share of subprime mortgages relative to total originations ranged from 18%–21%, versus less than 10% in 2001–2003 and during 2007.
Not that much bigger than Tesla’s market cap today, which is 1.12T. Even if you factored in inflation it’s surprising how something not that big managed to do so much damage.
Watch this guy’s YouTube on this subject. He has a very optimistic view on this matter as opposed to your pessimistic view. Given your erroneous projections in the past, I think it would be worthwhile for you to adjust your perspective.
All good bro. I lose money all the time. I’m a terrible investor but lucky I don’t have to be that good at anything to live a super comfortable life. 
Could you describe what you are doing in your life that makes it super comfortable? I’d like to do the same if appropriate
You’re living your best life already!
The stock that used in that callable thingy used to be AAPL. I can’t recall the details but I recalled my nephew bought into those thingy and lost big time when AAPL tumbles… can’t remember which period, AAPL did decline significantly… I think more than 50%.
Just in case you didn’t know. The gamma squeeze word has become popular words because of aggressive long calls by retail investors of AMC, GME and TSLA.
Long TSLA calls aggressively and then roll the profit into TSLA is now a very common trade. Dr Leo Ko Guan mentioned it too… he is doing that now aggressively. Dr Leo the one who claimed that he is the third largest individual investor in TSLA.
I know what gamma squeezes are. The new info from that FT article, to me at least, is that bankers are now packaging TSLA options into bond-like savings vehicles and peddling them to mom and pop. The last time that happened was back in the housing bubble days. People thought they are buying mortgage backed securities from prime borrowers, so-called “safe” investment products. That’s how financial contagion happens. Super, super scary.
Ofc, is scary. Is why I am in 60% cash. Don’t know when the burst would happen. Could be soon, may be after Santa Claus rally, may be mid next year, … watching. Stock market has been ludicrous. I don’t feel like going through another Dotcom wipeout… don’t think can have twice lucky, which one is AAPL? TSLA?1000 bagger from bottom of crash? Doubt it. I now hold highest conviction stocks only, U RBLX MTTR COIN ZM. Sold everything else. I believe one of the five could give 1000 bagger from bottom if there is a crash.
He passed. He opined that Cathie’s optimistic target of $3000 is based on optimistic sale target of AV.
That is why I am so anti crypto and meme stocks. Moral hazard can destroy the whole market. Rampant speculation is a disease that can contaminate everyone.
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