Just like trading cryptocurrencies! Tesla's surge: "making big promises" and "speculating on Options".
Barclays believes that the rise of Tesla and Bitcoin is driven by a similar logic: both are fueled by investors "crazy buying into the story," which has become disconnected from the fundamentals. Additionally, the frenzied Bid for Call Options after the election has also pushed up Tesla's stock price to some extent.
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Express News | Tesla Shares up 2.7% Premarket After HSBC Raises Target Price to $140 From $126
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Super Micro Stock Was Hurt by the Fed. Why SMCI Is Rising Now. -- Barrons.com
HSBC Adjusts Price Target on Tesla to $140 From $126, Keeps Reduce Rating
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Express News | The Tesla Shanghai factory will be taken over by Fei Wenjin.
Stocks to Watch Thursday: Micron, Tesla, MicroStrategy, Nike -- WSJ
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Tesla's Former Shanghai Plant Chief Song Gang to Join Renewable Energy Firm Envision, Report Says
Express News | Tesla Vice President Tao Lin: Electric vehicles can still fully replace gasoline vehicles in cold regions.
Daily Options Tracking | Musk is being investigated by the U.S. military! Tesla's Put ratio has risen to 39%; Micron fell over 14% before the market opened, with yesterday's options trading being very active, and many Put options earning over double.
The Federal Reserve breaks the bullish sentiment! The new member of the trillion Market Cap club, Broadcom, dropped nearly 7% yesterday, with Options Volume continuing to decline to 0.578 million contracts, and the Put ratio is 35%. On the Options Chain, the bullish forces are strong. The highest Call volumes for contracts expiring this Friday at $260, $250, $240, and $235 are 0.022 million, 0.019 million, 0.016 million, and 16,000 contracts respectively.
Express News | Tesla's head of the China factory, Song Steel, is reportedly set to join Envision.
Xiaomi (01810.HK) indirectly denies poaching the factory director of Tesla in Shanghai.
Regarding the rumors that Tesla's Shanghai Gigafactory Vice President Song Gang might join Xiaomi Automobiles, Xiaomi (01810.HK) Public Relations Department General Manager Wang Hua responded on Weibo that Director Song (Song Gang) is indeed excellent, but the seasonal director of Xiaomi Automobiles factory (Ji Guowei) is also very outstanding, which is enough! Yesterday, media reported that Tesla's Manufacturing Vice President and Shanghai factory Director Song Gang submitted his resignation months ago, with December 18 being his last working date. Currently, Tesla has not officially appointed a new Shanghai factory director, while Song Gang plans to join a domestic emerging automobile brand that is currently facing production capacity bottlenecks.
Express News | The Ministry of Commerce responds to the progress of price commitment negotiations in the EU-China electric Autos anti-subsidy case.
Express News | Tesla Former China Factory Head Song Gang to Join Renewable Energy Firm Envision - Sources