$Tesla Motors(TSLA)$ People who buy Tesla EVs are primarily progressives, and Musk's political actions being tied to conservatives are making these people avoid Tesla and going for Chinese EVs instead. And conservatives prefer their ICE vehicles. So yah, Tesla has a Musk problem.
why does he need such a big pay package? What kind of CEO is he that needs to threaten the survival of his organization just to get a big payday? It's ridiculous that people should support it JUST so that Tesla shares can rise? The money can be better put to R&D to enhance their technology OR share buybacks. Its shares will similarly rise without the need to pay him that much.
@HoldMySake:I closed $QQQ 20240426 428.0 PUT$ ,This is the inversion of previous idea, was expecting a flush to vwap, not happen hence cut at first confirmation bar for breakout.
@mster:I closed 1 lot(s) $AMD 20240426 157.5 CALL$ ,Closing this CC as the 2nd part of the Rolling strategy as already buy to open the 2nd leg earlier. Rolling an short option contract usually is done with Buy-to-Close then followed with Sell-to-Open or simply use the roll function if it’s available, however I have opted with doing it in reverse sequence. A bit riskier, but if it goes your way, we collect a little more premiums. However this option could too expire worthless 😅
My most expensive hobby? It is identifying potentially good stocks to invest in. I spend my non-work time to read, listen, analyse, and decide on what stocks I should invest in, so as to achieve my target rate of return.
$Tesla Motors(TSLA)$ battery EVs are falling out of favour with consumers. Charging times are long, supporting infrastructures are insufficient, and resale values are in the toilet. When Apple got out of furthering their R&D for the "perfect" EV, it's an omen that cannot be ignored. It also signals that FSD is a pipe dream since Apple has been trying to achieve FSD with their first EV. A better technology to power vehicles is also around the corner and it will signal the slow demise of battery EVs that Tesla is primarily selling. It needs to pivot fast else it's a sell for me.