So I watched the tesla battery day live stream yesterday. And was worried bc I actually thought the things tesla was pulling off sounded really good. Elon looked not well. Some say he's afraid after what happened to the Nikola CEO guy after he was outed as a fraud. Esp since elon has a tendency to make bold promises on timelines which he rarely keeps. I don't think elon has to be worried, but it did seem like he wasn't going hard w/his usual tony stark showboat style. In fact the evening before the event, he tweeted out that the battery day breakthroughs wouldn't be fully implemented into production until 2022. That made the stock drop. Very un-Musk thing of him to do.
I think I understand the cybertruck and ATV looking like something from a cold future scifi movie now. It's not an advertising ploy. See at first ppl thought it was a prank or just a concept version and the real cybertruck would look more normal. But I don't think so anymore. I think he's in an edgy phase. The graphics, tshirts, and overall style of the livestream felt like it was inspired by nine inch nails. It was all black, gray, and weird.
I always associated tesla w/bright colors, the sun, and california. Just a sleek but conventional looking electric car w/good performance. Strong fundamentals. This new style doesn't seem right for tesla.
I blame Grimez for this. That bitch loves skinny puppy. Her edginess must be rubbing off on him.
After the battery day pump it fell again bc I guess ppl were dissatisfied. It wasn't a very flashy event. I think a lot of ppl don't get the science and manufacturing breakthroughs. Elon kept repeating "and this was very hard to do" like he knew it wasn't flashy but it is important. Now tesla is at $373. Who knows what comes next. 3STS is a 3x leveraged ETN so I could lose it all if I'm wrong. But if I'm right... well then I'm coming for that ass elon
Battery day was a success for me in that it pumped the stock allowing me to buy addition shares of 3STS to short tesla at various prices throughout a range of $450-400. My first buy of 3STS I only got in at $390 before it started falling hard. Still, even tho I don't like him, and it turned out good for my short position, I still feel dissatisfied over how I felt my position was threatened by his accomplishments and yet the world didn't like it. At these extreme valuations, I guess all that matters is if ppl like it or not.
Or maybe he's just such a genius that he knew it'd be better to not make waves right now or else end up like the Nikola guy. Maybe my short position will be obliterated soon when the Tesla optimism comes back even stronger next week once this battery day is in the rearview mirror.
Or maybe he really is not well and in the midst of some kind of crisis. He looks alil fatter too