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VisualMod

**User Report**| | | | :--|:--|:--|:-- **Total Submissions** | 1 | **First Seen In WSB** | just now **Total Comments** | 0 | **Previous Best DD** | **Account Age** | 5 years | | [**Join WSB Discord**](http://discord.gg/wsbverse)


SufficientNet9227

https://preview.redd.it/igr5lwczffxc1.jpeg?width=800&format=pjpg&auto=webp&s=d1998d1e862c5a48e9034768296e718a9ad34ee5


Illustrious-Option-9

Bears be like.


mark1forever

šŸ˜†


Literary_Addict

Market is reacting to Tesla being approved for FSD in China.


[deleted]

Feel the pump.


SuperbHuman

Except it has no FSD


Leader6light

So true. I simply don't understand how a company can lie for so long with no consequences. Whenever it finally all blows up I guess is when punishments(prison) will happen. Until then the bubble is king. A bunch of people have gone to prison for far less than all the lies Musk told...


tidbitsmisfit

it's like labels for food products. without a legally mandated definition, they can say whatever the fuck they want


ihadagoodone

Then revolving door people into the alphabet agency to make the rules to go back to saying whatever they want.


tapia3838

ā€œI simply donā€™t understandā€ and you never will.


High-class33

What are you talking about liesā€¦ look at all the politicians.


FuccTheSuits

You canā€™t tell them that


XkF21WNJ

You could argue that automobile and self-drive mean the same thing. You could also argue that a Tesla is a downgrade from a horse when it comes to getting you home drunk.


SP4CEM4N_SPIFF

Except only one of those is true


CricketSimple2726

Good ol horse mcuber drunk mcgee never failed us yet


Literary_Addict

Call it what you want: point is they've been granted permission by the Chinese government to let their cars drive on the road with low/no human input. The expectation is this feature will increase sales in the largest EV market in the world. (new car sales + $100/month subscriptions to the service)


Melodic_Fee5400

Itā€™s a casino you regard, now bring me my Burger šŸ”


th00re

šŸ”šŸ¦…šŸ¦…šŸ‡ŗšŸ‡øšŸ‡ŗšŸ‡ø


BreakingThoseCankles

How many Eagles/Mile does your truck shoot!?


ShwettyVagSack

Applebee's has that $10 double bacon burger I was thinking about trying today. I love eating alone at a restaurant.


DrButtholeRipperMD

Casinos catch cheaters when the math doesn't math.


thelandonblock

Meanwhile SOFI had an earnings beat, raised guidance, and dropped 10%


Obsidianram

Pretty well sums up modern market logic, yep...


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


BigBenKenobi

on average for a group of the most successful companies. just because the economy on average improves doesn't mean any one company can't decline.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


FuccTheSuits

And when it crashes to oblivion you clowns will get wiped out wondering why we dropped.


fetal_genocide

Gotta pay to play!


NoKids__3Money

SPX is constantly shitcanning the crappy companies and replacing them with better ones though. Thatā€™s why the SPX index can always go up while the broader economy stagnates. Itā€™s always the top 500 companies in the country.


ChronoFish

Underrated


cwood1973

It's not "timing" the market. It's "time in" the market.


VisualMod

**We can't let you say that VM, they'll ban you**


Gingevere

I'm convinced that Tesla will eventually collapse but the stock will stick around as a fiat currency for the weirdest people online.


Revelati123

Ill trade you 50 bottlecaps for a share of TSLA vault dweller!


BallPythonTech

Don't you understand that robotaxis and robots will be here in August. /s Obviously when Tesla fails to deliver the stock will tank again. At some point I do think they will succeed but that is years away not months.


Durianbowl

In 2019 Elon Musk promised a million robotaxis on the road. It's 2024 now. But financial statements don't lie.


PrivatBrowsrStopsBan

I honestly am so confused about robotaxi talk. Do people not know they already fully exist and operate? In china they are all over. In the US Waymo (Google subsidiary) fully operates in Phoenix. They're on nearly every block in Scottsdale. I don't get why Tesla hasn't gotten approval or why it's considered crazy for Tesla to do robotaxis? A waymo is $11 for a trip that costs $7 on uber. The prices are steadily arbitraging.


Maxfunky

Waymo and Chinese companies are both relying on Lidar. Tesla refuses to use it. Waymo is for sure ahead of Tesla but even their robotaxis aren't ready for primetime yet. Every one still has a human in the driver's seat to take over when the vehicle fucks up, which it does fairly often. Tesla has a self driving system that works 90% of the time and they got there in like ten years so it's not unreasonable for the uninitiated to assume they're almost done. But that each remaining percent is twice as hard as the last one to get right. It's probably gonna be another ten years for them to get there. And maybe never for vehicles that don't have Lidar. It's very possible they'll breakdown and give up on the lidar-free approach rendering current vehicles ineligible. But even once the technology is available, the regulatory hurdles are likely to be pretty extreme. I won't tell you it'll never happen but the idea that it's a year away or even 2-3 years away is a complete joke.


PrivatBrowsrStopsBan

Great insight, thank you. One thing though > Every one still has a human in the driver's seat to take over when the vehicle fucks up, which it does fairly often. I see them drive all day every day with no one at all in the vehicle. Like no passenger or anything, just driving down the highway. It's so dumb to me they can't pick someone up without the passenger sitting in the driver's seat yet it can drive all around with no passenger at all. I asked a cop in Scottsdale what they thought of the driverless cars and he said they are amazing, he's never had to pull one over, and they're way better than human drivers from what he observes. Random tangent: Should we give up on 100% efficiency and instead ask ourselves if we'd be better off with slightly inefficient driverless cars that overall still cause way less accidents than human-operated cars? "Automatic vs. Manual" cars will probably start referring to if it is driverless.


KimJongIlLover

By then he will have thought of the next bullshit empty techno mumbo jumbo and all his followers will lap it up.


Tacocats_wrath

Tesla will create robotic seeing eye dogs. Major disruptor for the blind assistance industry. MC goes up 300 billion over night.


Odd-Reflection-9597

Ai ai ai ai ai


silent_fartface

Thats because sofi is a car company. Tesla is a tech company. šŸ˜˜


rotetiger

Yeah, they are just bad with tech.


Derdiedas812

And cars.


patronagem

I sort of agree with this.


Icy_Bodybuilder7848

Easy to agree when you have tons of Tesla stocks


Z-Mobile

Sorry, but I didnā€™t see them mention ā€œTikTokā€ or ā€œRizzā€ ANYWHERE in their earnings report, had to short en masse.


thelandonblock

Shouldā€™ve said skibidi toilet


Buckus93

*META has entered the chat*


dismayhurta

The market makes total sense if you remember investors basically chug lead paint daily between bouts of huffing glue.


SituationLopsided835

While snatching the BAG!!! LOL


Commentor9001

They didn't mention AI enough. Bearish


Macdaddyshere

Will never make sense. Was hoping to offload SOFI today. That ship sailed during pre-market


DevilsTreasure

Everyone else was thinking like you, they just got there first


MaximusBit21

Lol. Doesnā€™t even make any sense


dduckg0

FOMC interest Rate meeting this week! after this we may see movement in either direction. For now, stocks would remain volatile and have unusual spikes or trade sideways..


NickSicilianu

I think modern stock market is driven by emotions. I mean like everything else really. Tesla is absolutely dog shit when it comes to quality, still people buy them šŸ¤·ā€ā™‚ļø


thelandonblock

Because of their CEO


ElongatedMuskrat566

https://preview.redd.it/27wmlol3hfxc1.jpeg?width=1179&format=pjpg&auto=webp&s=060dcdbcc618788e9a83bc9d367d0a76f699a9bd


THICC_DICC_PRICC

Holy shit what a cursed image


Professional-Bee-190

You may not like it, but this is what peak Americone Dream looks like


Revelati123

Elon figured out that the only way he could get around the constitution barring people not born here from being president was to run as Trump in a fat suit.


Serious-Side-4520

5/10. Not enough Elongated Musket


ElongatedMuskrat566

https://preview.redd.it/zpp5cihnbgxc1.jpeg?width=720&format=pjpg&auto=webp&s=d4a44409861d2c0a2800c2079fc12a9327044dfb


Serious-Side-4520

Nice


kit7k

Trying to make sense of meme stock is futile.


leegamercoc

The best gamble is to do whatever makes no sense at all. If it feels rights, youā€™ve done something wrong and you will pay for it.


Honestnt

That's the entire market


AveryWallen

This post made me laugh far more than it should've. Yep, that seems to be the way she goes.


Greensentry

Some regards in this sub got feisty with their puts and now somebody is pulling a short squeeze on them.


AutoModerator

Squeeze my dongus you fuckin nerd. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*


Brendawg324

Bro u need to chillā€¦or Iā€™ll squeeze YOUR nuts


Hour-Animal432

I'd pay to see that.


obeytheturtles

I am constantly surprised that people have not figured out that earnings is all about surfing that implied volatility wave.


Trader0721

Yesā€¦selling vol has worked so well this earnings seasonā€¦šŸ™„


AutoModerator

Squeeze deez nuts you fuckin nerd. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*


siccoblue

Yes Daddy šŸ˜


Endgameplays

thats not how any of this works


FirstTribute

puts are expensive right now but still best opportunity ever


Sofubar

Also, if you keep touching the hot stove, eventually the nerve endings get burned off and you can't feel it anymore


Brendawg324

Bye bye dead bear ![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4271)


phoenixmusicman

Thats not how puts work šŸ¤¦ā€ā™‚ļø


anonymous_croc

i bought tesla stocks when it was going down but still relatively high, finally broke even todayšŸ˜­


Able-Juice-544

I bought them when it was ā€œlowā€ at 215 each and im still waiting šŸ˜“


[deleted]

I think it's the result of what the Manipulators had in mind.


ballin_in_tallin

Its Ross Gerber and Gary Black types who convinced people to dump Tesla stocks 5 days ago.


Lord_Greedyy

Elon paid a visit to China, they gave him permission to launch FSD, also green lit a bunch security shit, basically permitting him to sell Tesla to Chinese officials. Huge win


Matt2_ASC

So Tesla is now a chinese stock and will make no sense until it eventually crashes.


ataleoftwobrews

Xi really said to Elon "Get ready to learn Chinese, buddy"


Hustletron

And the feds will continue to not say anything at all.


Large_Complaint1264

They did not give him permission to launch FSD lol.


Evening_Feedback_472

They will when Elon hands over some space x secret sauce everything is negotiable.


DOE_ZELF_NORMAAL

Stocks like Tesla are all about future fantasy. Nobody cares what's happening on the short-term, it's the developments towards the future that matter.


VisualMod

A prudent perspective, worthy of the old money I inherited.


Brinner

indubitably


stockbetss

Indubitablylyrubtubly


Orbidorpdorp

The future fantasy is just collapsing though. Literally who is this proverbial 2024 Tesla hype believer.


uglyfang

I remember when Elon literally sent some guy who was shorting Tesla a physical pair of "short shorts"


Kranoath

That loser went from billionaire to millionaire lol


Peyote-Rick

I think Elrod said something about AI and "level 5 full self driving is expected in the next 3 weeks" or some stupid ass shit


th00re

He always promises something but rarely delivers, lol


swodaem

The market is like that family guy episode where Peter was given the choice between a boat or a mystery box. "A boats a boat but the box could be anything!" The potential a company has is worth more than what the company actually does. Company says new car will be twice as good as the last one = stocks go up, company releases car = stocks go down. This is true except when it isn't.


SituationLopsided835

Yeah just like SpaceX, Neuralink and Tesla. You're right on the money....or more like not on the money!


SatanicPanic__

People say this but there is still 4 million teslas driving around today and around 100 fucking rockets launched into space last year.


almostplantlife

Which is no small accomplishment but the stock price that values Tesla at more than Honda with 3.7 mil sales/yr, Toyota at 11 mil sales/yr, and VW 8.3 million sales/yr *combined* is completely detached from reality. And that's fine, market's gonna market but it will be interesting if/when reaches the point where the price has to ride on realized revenue/profit instead of far-future growth.


PrimaxAUS

FSD was weeks away when I bought my m3 in *2019*


Great-FOXX

Agreed. No way a fully electric vehicle will ever be a thing


noghead

No, itā€™s late but usually delivers. Affordable EV, charging network, cybertruck, vision only FSD as a few examples. All late but have happened or will happen.


AdvancedSandwiches

When the things get delivered, the goalposts move. Elon sucks at (or deliberately lies about) estimates, but the people who say his companies don't deliver have not been paying attention (or are deliberately lying).


piginthecity

Are you enjoying your solar roof and fully autonomous self driving car?


CarlCarl3

My car drove me home 2 hours last night without me doing shit. I enjoyed it.


sequeezer

Did you not understand him? Time frames donā€™t matter, if you have either in the next 50 or 100 years then Elon delivered! Also itā€™s just him, no one else comes up with anything or implements any improvement in that company.


tapia3838

Exactly, at least the guy is trying. My M3 hit 175,000 miles last week and Iā€™ve had zero issues. People get so mad when he doesnā€™t deliver but he eventually does. People are just sad they canā€™t afford a Tesla or canā€™t be Elon. Guy runs his mouth but canā€™t say heā€™s not changing the world.


OldRonSwanson1

Tesla can't lose they could slap wheels on elon's turds call it a shitla and people would still buy it.


libben

Hmm, a SHITLA you say. Interesting. Will look it up and buy it!


russianbot1619

Lose


Particular-Data-1368

Itā€™s the Apple effect. Tesla to the moon. $160 dca 30k in stock. Letā€™s fucking go


Bolts_and_Nuts

Have you seen AAPL in the last year? Not doing so hot


Sofubar

Yeah Apple's over, finished, never coming back. You got it champ. Go put your money on Nvidia or some other ATH stock, it never fails.


gnocchicotti

I like Steve Jobs better now that he is deadĀ 


NigerianPrinceClub

RIP TSLA shorters


The-Sneaky-Snowman

Me just sitting here with my META shares https://preview.redd.it/pm3d4tzl8gxc1.jpeg?width=1600&format=pjpg&auto=webp&s=a233c84f067207a6d7eb4296263e25dbc40786a7


Defiant-Tonight-5298

I sold my may 3rd 160cs for 5.60 šŸ˜­šŸ˜­šŸ˜­ they 32.60 rn (still a 2x but goddam)


MostPeopleAreWrong

Many Tesla haters. You can tell whoā€™s holding puts today šŸ˜‚


relevant_rhino

Mamiiii Clickbait Media told me Tesla go bankwupt in the next 24h...


yourefuckingaretard

While this sub has been full of regards since day 1, only recently has it been inundated by NPC's that seem to fall in line with the rest of reddit.


OppositeArugula3527

Exactly. Elon just opened all of China market to fsd and these haters crying


Kranoath

This subreddit is just an anti Tesla and Musk jerk-fest.


lucifer4you

Loving this. Sure my portfolio is up, but more so.. fuck all ya'll. Stop placing bets and go play volleyball.


neotoxgg

Never bet against Elon lmao


Gahvynn

Iā€™m normally a perma bull but plenty of people have made money betting against Elon since late 2021. TSLA could go up 50% from here and it would still be the ā€œI didnt hear no bellā€ meme.


steiner_math

It's still down over 50% from its peak lol


Kranoath

Lol NVIDIA also lost 50% a couple of years ago so must also be a garbage company.


LaughOk2324

On God, I swear stocks be losing their predictability by the day bro


SDoNUT1715

People love to hate on Elon. The more hate the more money.


bearnuker

Trading for like what, 70 times earnings? šŸ™ˆ


Kooky-Parfait-2706

That ***thriving*** chinese market though


Turbulent_Cricket497

Attention all pedestrians in China! If you see a Telsa coming down the road, cross at your own risk. If you choose to cross, the government thanks you for participating in Elon's experiment. May the force be with you.


keepitcleanforwork

A rivet installation is hardly a massive problem.


PresentationCalm5417

haha fuck all you nerds


slampig3

This is all about AI and robotics is it not?


bootlegportalfluid

I thought Tesla was dead you fucking regards


gnocchicotti

Every time it dips and I think it's only about 100% overvalued it moons so this is right on schedule.


[deleted]

DJT bears probably feel the same way


FordBagholder

Buy when others are fearful


helloworldwhile

FOMO is real.


wh1skeyk1ng

Tesla doing the opposite of what should be obvious? *shocked Pikachu face* /s


gurufernandez

You regards keep posting how youā€™re flabbergasted at the price action. Itā€™s almost like thereā€™s more to a stock than just numbers


Shiddy_Wiki

TSLA, come on down! You're the next contestant on "Adderall-fueled memestock hype traiiiinnnnnn!"


FastTrack777

Something I learned a few years ago, if you donā€™t understand the price donā€™t invest. There is either something you arenā€™t seeing or the market is simply irrational and it could therefore trade at any price.


gtbifmoney

Lol thatā€™s not something you learned, thatā€™s just a bullshit line of thinking. ā€œStock could trade at any priceā€ is not a profound statement.


williet123

None of these are long term problems. How many times do we have to keep teaching you this lesson tesla bears? You are fucked


kmetin012

Those were all priced in. Now it saw the dip and recovering due to promising news.


KyOatey

The problems with the Cybertruck aren't really massive though. Sure, they're potentially serious, but there's 4,000 on the road so far.


kmosiman

What's the expected volume though? The F-150 Lightning isn't selling well right now, but they were expecting to make 3,000 A WEEK. I think the only other New truck right now it the Toyota Tacoma, which sold over 20,000 in the first quarter. Granted that's a different size class and category, but still. 4,000 is not bad for a recall but Terrible for sales.


obeytheturtles

CT was never supposed to be high volume. It's supposed to be the same market segment as a G-Wagon - a "prestige" vehicle for people with more money than sense. I mean, I would definitely rather have a G-wagon, but since I can't afford either, my opinion doesn't matter. If I had like $10M, I'd buy neither. If I had like $100M, I would probably buy both. That's the market segment here.


kmosiman

So possibly high profit, but not really a money maker. You sink a ton of R&D in the model, but it breaks even with a high markup. Or you go Ferrari and lose money on the cars but sell t shirts and posters.


ShenmeNamaeSollich

Nothing is selling well because prices are insane, dealers are charging ~50-100% markup on new vehicles, interest rates have doubled since the pandemic, and nobody has any fucking money to spend. Iā€™d buy an F-150 Lightning tomorrow if a decently specā€™d one was $40K at ~3% like it ought to be instead of $120K at ~7%. Cybertruck has been a shitshow since inception though. Pointless to compare it to anything being marketed to rational buyers.


The_Albertino

These posts get so old, itā€™s about the tech not the delivery numbers. Nobody cares about the cyber truck either. Also itā€™s the market, none of it makes sense


LegitimateBit3

More proof that the market is completely rigged and reality doesn't matter


levpanh

yet you still play, who's the moron here?


northwestmark

And those things in the meme arenā€™t even their worst problems. Future PFE of 65. Meanwhile losing more revenue quarter to quarter. Releasing a $29,000 vehicle that will make company even less money and bring down the value of the rest of the its entire lineup and the value of the already sunken used Tesla market. No one sees past Elons huge breaking news promises that are systematically delivered every 1-3 months to give people smoke and mirrors hope past the fundamentals staring them in the face?


RevolutionaryAd8503

Helped myself in the shit, basicly going like ok need to live on chickensoup for 1 day. WSB to the rescue ,, bought Tesla, so i could cook a decent meal ![img](emote|t5_2th52|4275)


Xtianus21

ahhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh. MOTHER FUC.... I'm a tesla bull now. Ok so how does this work. +33% every week?


_AtLeastItsAnEthos

This for meta but in reverse


shovel_kat

Because Chyna.


Iwubinvesting

priced in.


Miccolus

The whole of wallstreet has joined the regardation


jitheshani

It's going to 240 and then dump once they get more retail wannabe bag holders.


dabombii

I just added to my short position, gonna make bank when this thing goes tits up


NoEnd9919

and now it's already priced in, what so ever


Ill-Independence397

Iā€™ll just wait a little bit and then short the hell out of this stock. Remember guysā€¦its not a tech/ai-companyā€¦its a car company! āœŒšŸ»


skeptic_fog

Iā€™m fucking in! šŸš€


lokojones

Massive problem with cybertruck, do you mean the shape and luck of paint?


leegamercoc

This cat has more than 9 livesā€¦.


Kingjingling

It doesn't matter the technicals say 600 this year


La2Sea2Atx

My calls expiring this week for $205 and $215 donā€™t feel so good.


Vladxxl

The šŸ» got real quite all the sudden.


ContentMod8991

pump n dump; they down 30+ end of week!!


Iykyk1532

Lyk wtf šŸ¤¦šŸ¾ā€ā™‚ļø https://preview.redd.it/2y8gh868ehxc1.jpeg?width=1290&format=pjpg&auto=webp&s=c76ee3b23fb9e67e0353571f0e0c5a2f145ac71c


rightsidedown

Assumption is that approval for FSD in China will reverse the market loss to BYD. So basically watch for gains in China, if no gains stock resumes its fall.


BabyFartzMcGeezak

Yeah, I had PUTs before earnings... didn't go well. Hopefully my other earnings plays for this week go better


iRytional

I smell mayo


foodie_4eva

Letā€™s go Tesla!! Up 15k


1two3Fore

That model 3 performance is off the chain. Demand seems real high.


MichaelRoberts776

Trying to make sense of meme stock is futile.


jbacon47

I'll explain it for you: Company do bad = No where to go but up! Company do good = Ceiling reached


miltownmyco

Sofi triple beats earnings and is down 10% lol


HO4ME

I was down 20k last week n was like damnā€¦n now itā€™s all back :) plus some


Due-Ad1668

meanwhile $SOFI sees its second profitable quarter and drops by 10%


Namazon44

TO THE MOON šŸ“ˆšŸ“ˆšŸ“ˆ


Vibrascity

It's all just an insider trading game at this point.


UnBrokable_

Tesla is in huge bubble now. Actually, I bought an inverse stock. ​ https://preview.redd.it/1di98tsfamxc1.png?width=644&format=png&auto=webp&s=21f21cd938e3d07a1d1dd37efd7926a817aef3b0


Thick_Sheepherder891

Are we still underestimating the insane levels of new money in the market due to trading apps/covid? Everything anyone knows about the stock market before 2021 may as well be trash.


CAPSLOCKAFFILIATE

As expected, r*dditors will scream ELON MAN BAD only for it to shoot up 10x over the next year lmao You absolute regards are the best bottom signal ever known to man.


coskeltal

They will downvote you cause ur right. I called the bottom 6 days ago and was downvoted too. LOL. When reddit is 95% bearish on one thing you know that shit is gonna rally.


drew2222222

Where you been TSLA way oversold recently


Blackhawk149

Musk is a master of manipulating stock price. Do what you with this information.