I believe there's major FUD going on here.
Closing stores = less money wasted on stores and more money to help cut costs of their cars
Batteries becoming cheaper = cut cost of cars
Margins increasing
Online only = lower cost
11B bond paid off = Q1 no profit
$2.5B in cash
Sales will go up
Autonomy = future
Electric = future
Based on the recent history of the prices, we may be on our way down to $250
Given that, I would buy some puts and sell at $250 ish
Then give it a bull spread on the way up.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.