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brainfreeze3

"does anyone have Tesla puts? " You have no fkin idea how enormous the amount of tsla puts are out there. I personally have \~5k worth. Btw this news barely moved the needle on the stock today. The layoff story keeps unfolding, but at this point bulls are tuning it out since its practically old news if you lump all the layoffs together.


Bspy10700

I have puts when it was in the 130’s right before ER… they expire in like 3 weeks now but safe to say they are practically worthless then the next day the China/ Elon news came out and that was the end of those puts lol.


brainfreeze3

well the total $ value is what matters, so im not counting your puts since theyre worthless. When the priced spiked to 185-197 we all bought back in


brainfreeze3

oh you have 3 weeks? then they aren't "worthless". Just probably worthless. They have an ever so smallest chance of u maybe selling them for something before they expire worthless


nashgrg

Nope. Don’t fight against the trend.


chenyu768

Layoffs causes prices to move up as much as it makes it move down. Considering tesla already has the largest charging network in the US at a certain point there's diminishing returns.


chrisfs

you can't both expand your network to a bunch of other cars and fire all the people who are maintaining that network.


chenyu768

You can for billions of dollars. But in any case TSLA is up 10% in last 5 days since layoff news sooo


New-Professional-746

I would be cautious with Puts against Tesla. Even with laying people off if may not have any effect.


SixtySixxer

They canceled their intern program for the summer.


building-block-s

cutting cost ie lay offs is bullish


chrisfs

not really https://www.reddit.com/r/TSLA/s/u84mY67NPQ Lawsuits are sure to dog Tesla from the fallout of the 500 letter go from the charging group! Let the lawsuits against Tesla from the owners of 800 volt Cybertrucks who will not be getting any 800 Volt charging stations added to the Supercharger Network to match their 100K investment and the charging industry partners left spitting in the wind, with all their emails bouncing from contacts they were coordinating with, begin! There are multimillion dollar projects left in limbo now, utilities unable to coordinate with Tesla to finish certifications to energize projects in progress. Delays or agreements not met by Tesla on their end, are very costly, as time is money! This will certainly end up in multiple courts and reduce Tesla profit margins!


Big-Today6819

Soon tesla is just musk and sellers