(3DTE)
ONLY A LOT OF POSITIVE TECHNO-BABBLE FOR THE DIE HARD CULT OF PERMA-BULLS LIKE RON BARON & CATHIE WOODS. I'LL PASS. IT'S GOIN' LOWER (INTRADAY). SO GET ON BOARD.
OPT OF CHOICE: $157.50 PUTS.
PREVIOUS CLOSE: $15.08
OPENING LOW 10AM: 79¢
12:50 HIGH: $3.00
CLOSE: $1.11
VARIOUS COMMENTS FROM THE CALL: RE: NUMEROUS CHALLENGES INCLUDING: SALES STILL UNDER PRESSURE, ARSON ATTACK IN BERLIN & THE RED SEA CONFLICT. IN 2024 VEHICLE VOL GROWTH WILL BE NOTABLY LOWER THAN 2023, AS THEY CONTINUE TO PUSH LOWER COST MODELS. CONTINUED CYBERTRUCK PROBLEMS & THE HEAD OF I.R. JUST QUIT & FINALLY ELON SEZ THE THEY SHOULD BE VALUED AS AN AI ROBOTICS CO & NOT A CAR COMPANY. SOUNDS LIKE A LOT OF EXCUSES TO ME. BUT HE DOES KNOW HOW TO PLAY THE GAME. HE'S A PRO & A WHALE.
OTHER THAN THAT EVERYTHING IS JUST PEACHY KEEN. WALL ST HEADLINES ARE GOING GAGA OVER A "CHEAPER CAR"
IN ADDITION: TO EVERYTHING, I'M JUST NOT A ROBOTAXI KINDA GUY.
I'LL STICK TO MY GUNS (FOR TODAY) LOWER IS THE RIGHT SIDE OF THE TRADE. TOMORROW: WHO THE HELL KNOWS? NOT ME, THAT'S FOR SURE.
END OF DAY STATS & CHARTS BELOW:
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