Technically, we know that TSLA would decline to ~$240 without knowing any fundamental reasons. Today’s LoD is $242.76. Grabbed more TSLAs. Will monitor for a few days, may have to grab more at higher price if it won’t decline anymore.
…
Got impatient. Bought again. Now at the same number of shares as when I sold ~$280. Extra cash is funding the GTC buy @$240.
I have the magnificent 5. Google and Tesla are not for me
Many Xers think GOOG is undervalued. Yes, after recent climb, still very undervalued. I owned all the magnificent 7 through S&P index fund/ ETF.
Tesla’s CFO Kirkhorn Exits With $590 Million Fortune
Aside from a batch of options, which have a net value of about $550 million, Kirkhorn’s compensation was comparatively modest: $300,000 in base salary in 2022 and $31,099 in previously accrued paid time off that was applied toward the purchase of a Tesla, according to the company’s most recent proxy filing.
Just watched the video. Tesla is gonna be in a lot of hurts. Tons of lawsuit and regulatory risks.
Elon easily screws these guys over.
Autopilot disengaged seconds before it crashed the Tesla so technically it’s all the driver’s fault.
Chef’s kiss.
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Stay ready so you don’t have to get ready.
Aug 11: TSLA’s LoD $238.02
Wave iv should be completed ![]()
22 days ago…
Ban it.
Then again, at the intersection of Gilbert Avenue and Willow Road, he tried to slow down for the stop light, eight feet behind the Hyundai.
But the Tesla “suddenly engaged the accelerator at full throttle” and struck the SUV, Salem said, showing what happened in a 14-second video.
His Tesla not only smacked into the other car, but Salem said it continued accelerating and pushing the SUV father into the intersection. It was a forceful enough impact that his airbags deployed.
“Thankfully nobody was hurt,” Salem said. “Although repair estimates are pending, this collision will likely result in a total loss.”
The issue – where drivers allege the Tesla speeds up all on its own – has been reported since 2020, when Tesla issued a formal statement insisting that there is no such thing.
Fast forward to today, 2023, FSD is about to be released, even if this issue existed would have been fixed.
Experts such as Doctor Fred Barez, a San Jose State University engineer who works and designs electric vehicles, said driver error or confusion is almost always the cause.
Always drivers’ fault.
FSD and Autopilot will disengage 1 second before impact to make sure it’s always the driver’s fault. Really advanced AI at work here.
I am kinda surprised, tho I shouldn’t be, to see people actually believe in Elon’s “prediction”. Never mind he has been giving the same “ready in a year” prediction every year since 2016.
Sure. FSD will be finished in 4 months just in time for 2023 Christmas.
.
Evidence? I have that suspicion too but no evidence to show.
Tesla Cuts Price of Top-End Model Ys in China in Latest Salvo
Tesla Inc. has cut the price of its two higher-end Model Y vehicles in China by 14,000 yuan ($1,900) in the latest salvo in a bruising price war.
The electric vehicle maker cut the price of its Model Y Long-Range and Performance to 299,900 yuan and 349,900 yuan respectively, the company announced on Weibo. The Model Y forms part of the stable of vehicles, along with the Model 3, which are the best-sellers for Elon Musk’s company.
The latest cuts come after Tesla last year triggered a price war in China that left rivals with little choice to follow suit. Tesla’s China deliveries slumped 31% in July to the lowest level this year.
The same thing will happen in the US. The market will saturate much faster than people think. EV’s are just too limiting for most drivers. And many who bought them will go back to gas cars.