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This is correct. At least what’s been told from the video. Not sure if it’s true information.

And his reasoning is beyond absurd. He states the funding is not secured so the downgrade. Cmon you are telling us that you knew about this all along when you raised the target last time? Did anything fundamental change other than Elon’s tweet? Biatch please

This is a very useful graph. Looks like today isn’t the worst day in history, but it’s definitely up there.

What’s everyone’s plan today? Buy more or wait and see?

Yes but he should go vent at a psychologist rather than a media outlet. And when you are the head of such a controversial company, you should sound fully confident when talking to the media at all times. This is not helping his case.

Not sure why Elon had to give that interview to create more FUD. SP down 2,5% in relative high pre-market volume.

So could late short That is so true. Elon and Tesla go hand in hand. If you are an investor, you better be prepared for surprises, sometimes good, sometimes bad, but overall he's driving Tesla towards profitability. Don't go blame him for whatever he does because if he weren't this way, there'd...

But do keep in mind, although highly unlikely, if these cars were manufactured before July 11 and they are just being delivered now, they are still eligible for the rebate as long as they get plated before September 10th. We’ll have to see how sales are after September 10th to get a certain...

Why the f is it being capped under $350? Are the big shorts getting out?

Bought more @ $348 then $350.2 then $350.05. Seems like it has turned into a battle of $350 today

I do get this part but the fact that he promised profitability in Q3 onwards which is in merely 3 months time would fight the trolls as well, even in more convincing terms than the buyout. I just do not see why he couldn’t wait 3 more months of volatility and shut the shorts for good with a...

Well that could also involve massive Q3 earnings beat. Which is also short term. If he truly believes it’ll happen, then why the rush to take the business private.

I read the letter and I totally understand the reasoning. But if I were him, and I have full confidence in showing profitability from Q3 and onwards. I would not let the shorts down that easily. This is essentially offering them a “cap” in terms of their losses. Now if I’m having doubts about...

Does this mean profitability won’t happen starting in Q3 as Elon promised? I don’t see the point of this all of sudden if Tesla can actually start delivering profitability and have the shares skyrocket much higher than $420. I’m a long time bull btw.

Let's bet on the closing price. I wanna put my money on $349.99..after a 1.7 billion loss day, I bet that's the only way the shorts can taunt us..

Found what could be the reason that it’s down today The 'Big Short' Steve Eisman is now short Tesla The 'Big Short' Steve Eisman is now short Tesla

Really really odd movement today ...I wonder what's going on

Facebook down over 20% dragging the whole market down.

Umm I did not mean it as a joke. I'm just thinking out loud here. But if it comes down to it, this can be a last resort or something.

I already own a MX and have majority of my wealth invested in Tesla. I am already doing everything I possibly can.

Well I don't think that matters that much. Plus if Tesla is not directly involved, it won't affect anything, at least in the long run. The shorts can spin it whichever way they want, but after all, money is money, more is always better.

Why doesn’t anyone start a go fund Tesla campaign to raise cash for Tesla’s bottom line? I bet it’ll raise millions since there are a lot of people truly believe in the company and willing to help out Elon Musk. Though I’m sure they don’t really need any cash, but it’s still nice to have and can...

Let's see how many quarters it takes GM to admit that it's not really about the freaking tariff, it's about a demand issue due to Model 3s.

What a true leader. I don't want to sound corny but I get teary eyed every time I read about him talking sincerely about the debt he owes the people at Tesla and the initial buyers. And when those shorts and media try to talk down to a man that's so deeply caring than anyone on the planet, and...

Interesting, did not know that. Hopefully there are some good news, maybe BEV incentive for Teslas. Anyways, I sincerely hope Chanos turns out like how Bill Ackman handled Herbalife where he is forced to buy back his short position and swallow his pride.

I bet Elon really thought the news of hitting 5000/week combined with the China gigafactory news one week after would really cause a short squeeze, but he really did underestimate the power of the shorts. This is probably all the good news there is before the quarter.

Apparently nobody cares from looking at the aftermarket SP. Its already factored in, this could be the main reason why the TSLA went down today so strongly. Just insiders playing information. I was very displeased before closing today. Was really expecting a mega-up day, especially when market...

Tesla meets self-imposed deadline for Model 3, rolls out 5000 cars in a week: Reuters Tesla meets self-imposed deadline for Model 3, rolls out 5000 cars in a week: Reuters

"Needed another general assembly line to reach 5k/week Model 3 production. A new building was impossible, so we built a giant tent in 2 weeks. Tesla team kfa!! Gah, love them so much" Quotation from Elon from Twitter. So this means this "tent" line is what's needed to reach 5k/week?

How does this douche get an office at a prime location near the central park to run his fund into the ground while we are in our pajamas or with day jobs, merely trading on the side and yet beating the *sugar* out of him? How fair is this life?

Tesla workers say the factory paint shop is a mess and fires are worse than Tesla let on Tesla workers say the factory paint shop is a mess and fires are worse than Tesla let on Seems like usually released it’s Fridays around noon? This is really getting personal.

I've made the worst mistake possible yesterday. I had bought 100 shares @ $291. I was thinking it broke $290 with huge volume, it should start to go from here. Well well well, now I know I can call the top perfectly.

To be honest, I'm getting a little tired of this sh it. It's always a big gain that draws you in and just when you start to load up, a massive dip happens.

I’m curious what people here think about the “reorganization” part. Are those people really being fired or they just decided to quit because Elon is micromanaging? Or is it because Tesla is trying to cut down expenses. I honestly do not have a good feeling about this “reorganization” since it’s...

I think the retooling is a given since they plan to start the production of AWD models. And it makes perfect sense why the leaked email from Elon earlier this morning to confirm the increased production level.

If anyone is wondering why the sudden spike in volatility. Tesla plans six-day stoppage at factory for assembly line fixes -...

I believe $280 should be a solid support since it's never really closed below that recently. If it breaks through that today then we may see $275.

I can’t help it but to think Adam Jones’s downgrade got leaked early yesterday and that’s what has brought the SP down to $292, which is very close to his target.

Bought 50 shares @ 294.21. Hopefully this is the bottom.

Seems like it's capped below $295. I wonder why..

Thanks guys. I really hope so. I just added to over 1,000 shares this week. I really hope this news won’t sour the SP.

What’s this news I’ve been reading regarding Doug Fields taking a break from the company? How come no one is talking about this? This could be serious if he decides to quit right?

That he just got his tax refund and he's putting that money into good use :D:D:D

Umm..cuz he's got a point to prove? Duh

This is CNBC’s summary. I just don’t get it when Elon specifically said over and over that they do not need capital raise.

Thank you for this. I appreciate this view very much and appreciate the fact that you taking time to talk some sense into me. I was getting a bit overwhelmed this morning.

Everything correlates back to the macro, seems like US and China is starting their trade talk, hopefully there's no fallout in that. Even though I've been a long term "Elon is a god and nothing he ever does will undermine my faith" bull, but to be honest, I did not like the call. One thing you...

I don't know about you, but based on the score I've been keeping of myself, I'm totally SHAMELESS...borderline sociopath if you want to go extreme :(

Tesla's Autopilot Chief Has Left the Company WTF is this bullshit..by looking at the title alone I immediately assumed that Karpathy has left as well..FUD to the highest level sponsored by Yahoo & Car and Driver

Could this be the Chanos bottom?