/biz/ - Business & Finance

He's been right so far.

>>25714997
Yeah, Tesla is definitely not worth 800+ Billion.

Get your battle stations ready to short this shit into the core of the earth.

he's calling it in

Do redditors think tesla stock is just going to keep growing until it represents the entire capital of all nations combined?

>>25714997
Why would he be wrong? Everything is in a bubble right now. I bet, everything will implode like the housing bubble and BTC to 100k EOY.
Make crazy bear predictions you won't miss the mark. Its all coming down.
P(l)andemic was just a prelude to whats to come. Its all fake. Klaus Schwab is coming for your property anon.

>>25714997
This is great for cryptocurrency.

>>25714997
>>25702686

>>25714997
Any news article that mentions Dr. Michael Burry and uses a picture of Christian Bale is safe to ignore.

>>25714997
kek, you got to tell the whole story. he has been shorting tesla for > 1year now... top this of with the recent production target no analyst had dare to dream of and the s&p500 index, i don’t see it happening soon

>>25714997
>is he right /biz/ ?
Probably but enjoy the ride

it's obvious he's right
the hilarious thing is there's historical evidence he was right before even as it seemed for years he wasn't
and yet normies are so retarded and blinded by greed they'll believe he's wrong again
the slightly above average iq (but still dunning-kruger) normalfag thinks: "we're in the There Is Nothing Else bubble"
but mathematically, all bubbles must end sooner or later

>>25714997
If he would buy crypto cuffenci what he would buy?

>>25715108
Unironically yes

what does he say about bitcoin? if he's a nocoiner then I'd go with the opposite of whatever he's saying about TSLA

Unironically yes. Sometimes it amazes just how retarded some of you are. Your psychology is your worst enemy

>>25714997
elon musk more like elon dusk

>>25715292
So is Doge also a meme?

>>25715264
that's a man

>>25715292
Steve Eisman also shorted Tesla, he ended up burnt. I can also tell you the sun will stop shining. I will be right. Maybe not for a million years.

>>25715659
Thats why its a bad idea to short cult of personality stocks
Doesnt change the fact TSLA is in a bubble and comparing it to the sun imploding is a false equivelancy

>>25714997
It doesn't take a triple digits IQ to know that

>>25715400
bro.......

>>25714997
Yes

2008 crisis happened in simple terms due to people getting absurd mortgages that they can't afford and big joos banks making money on those bonds

simply put in financial way, people were given far more false value of their ability to pay off mortgage than they actually could.

here, Tesla is that 'mortgage customer' and people are the banks that are offering them money trusting the Tesla will pay them off

However Tesla doesn't have that capability of production and satisfaction and distribution to pay off the banks ('people'). Not to mention competitors in electric are on the rise, such as NIO with large chinese production camp backing them and hence being able to offer EV cars much cheaper

compound this by Biden's being in bed with China and are likely not to stop Chinese EV intrution into the US market.

Many other competitors are on the rise also.

Shorting Tesla is perfect opportunity but the time is iffy since stock price are driven cultish behavior. Cults only jump the ship when their faith is broken.

When will this be?

>>25714997
Probably not. You only get one chance to peak through the bullshit and make a winning bet of that magnitude before men in suits tell you to keep quiet from now on.

Watch the film "Samsara" when you are coming down.

I feel like Tesla was pumped last year to keep normie eyes off the bitcoin price exploding. Can’t people who own most of Tesla stock just crash the market with a sudden giant sell order, then buy the short-term bitcoin dip?

>>25714997
Big money says Tesla is gonna be a better store of value then holding dollars, that’s the issue so no he’s wrong until that changes

>>25714997
Everyone knows tesla is a bubble. The problem is nobody knows where the top is or when it will pop. This makes trying to short it completely suicidal

>>25715880
You know what I mean

Bubbles aren't real, we are in a decentralized, post-cybernetic planned economy.

>poorly made cars
>constant production and logistic issues
>only buyers are upper middle class virtue signalers

I honestly don't know why people are so into Tesla

>>25716231
safe as CDS without owning the underlying CDO.
or tulips, or enron, or wework, or madoff, or mutual benefits co, or scott rothstein..

why did people initially invest??
too good to be true

>>25716366
bitconnnnnneeeeeeeecccccccccctttttt

>>25716461
The fed weren’t buying etfs and bad debt directly back then, it can go a lot higher, eternally priced out won’t be just a meme

>>25714997
Yeah, obviously it will change trend and enter bear market at some point, but you'll go poor trying to time the top.

>>25714997
Didn't he short it at around 600?

TSLA will be worth $100K per share EOY
By 2030 it will have merged with Amazon, Wal-Mart, and Google and they will be called The Company.

The Cybertruck will probably decimate the Electric Hummer. The electric Hummer is CGI.

>>25716911
Ya but they're both 2 things that even combined will still get decimated in sales 10x over by every model of ford truck

>>25715264
that's a woman

>>25715254
topkek

>>25714997
he deleted his tweet so I guess he changed his mind

>>25717220
deepstate got to him

>>25717220
OR he always deletes his tweets after a few hours.

We'll never know@

>>25715264
That's a I don't know

This guy always wants to get you to short what he shorts, although he only was right once.

>>25717220
He always deletes his tweets and apparently his also deleting his account over Trump's ban

https://twitter.com/michaeljburry/status/1347692053887475712

>>25716231
The fact that I had to scroll down so far to get the correct answer. Come on biz.

>>25718572
holy fuck, they banned trump?

>>25718797
Yeah and they're removing parler and gab from the app store and playstore.

you don't need an expert to tell you that. that shit has over 1600 p/e. its pure bubble

>>25718814
what the fuck is going on? I haven't followed politics closely for few years, we 1984 now?

>>25718903
Way worse lmao, if you're a white male that is.

>>25715741
>Doesnt change the fact TSLA is in a bubble
it won't be a fact if it isn't a bubble and doesn't suddenly crash and lose all value despite additional years of success into the future.
People famous for being right about a one-off event are frequently wrong when they try predicting thing later on. You have the survivorship bias at play where we know in retrospect what was a good idea to short and assume thode who shorted it had good insight and predictive skills but you could look backwards and pick out people who lucked out and made the best move on any given random event of interest simply because there exist people who picked every major option possible and you always get a survivor to look at later on no matter how accidental their survival was.
Peter Schiff called the 2008 crash right before it happened too. He also called multiple crashes / disasters since then while at the same time poorly managing his own clients' investments and producing returns that even underperformed cash.

>>25714997
Yeah like i'm gonna start taking investment advice from fucking christian bale

Do I buy the dip, /biz/? I think when it happens, the world is going to bully him to death and he will internalize it by remembering his bully-filled youth and the kill himself.

>>25718937
I am a white male in eastern europe so no problem - yet.

>>25718957
>he doesn't trust billionaire playboy and philanthropist bruce wayne

I mean it's only one more 2x away from being worth more than fucking Amazon

>>25719093
I wouldn't trust Bateman with anything, guy is a nut.

>>25714997
everyone knows it
the trick is to quit while in the green, we might have another year of this ride for all we know
also when tesla implodes the entire market will take a hit so you might as well hold the stock that makes you the most money in the mean time

>>25716067
>NIO
will this shit do another x100 this year? it looks fucking unstoppable

>>25714997
Do you guys think Tesla will get to $10k? I might buy on monday

>>25719308
2k for sure
beyond that who know
also they will probably split the stock again once it passes 1k thus making the price go up even higher

>>25714997
>Make crazy bear predictions you won't miss the mark. Its all coming down.
not with tesla. they are 2 years away from robo taxi network.

>>25714997
He's definitely right. It's a bunch of normie retards fomoing into a company that can't even meet its own demand. They will likely drown in their own success.

>>25716067
if you follow td sequential indicator we're on a daily 9 sell.

It works best on "crescendo" peaks with a curve to it. Not so much slow grinds/steps higher.

Also weekly 9 coming up next week. Very hedged with other positions and options tho, it's never a certainty.

Problem is the Macro backdrop is so bullish that this is hart to go against might not even be the final peak but a big correction/mini bubble pop. This would set us up for a Mega-bubble collapse in 2022. If he can keep the scheme afloat

>>25719364
Sweet. I agree with a lot of other anons here. Once Tesla drops, so does everything else. May as well enjoy the free money

>>25714997
I am meme analysis TSLA and the 50MA is so fucking below the price that if TSLA corrects next week it has to go below 550 and it will have the 200MA at 350 for support and still maintain the upwards trajectory. I have no clue what is his target.

>>25718937
I’m a white male from America and life has been fantastic for me lately, the same it’s always been actually. If you’re a retarded racist maga faggot though then yeah you’re fucked for the future, as you should be

>>25719745

>>25714997
Google Tesla total revenue lifetime, and juxtapose it to it's stock price. It's obvious to everybody that it's a massive bubble. Wzait for it to fall substantially, then buy in. It'll be up again in no time (over the long-term, that is).

>>25719745


You are nothing but a self shaming disgusting snowflake pussy. Fucking faggot.

>>25715048
Is Apple worth 2.22 trillion?

>>25714997
he's 1000% right, I've been saying for years now Elon Musk is a con man running the greatest ponzi scheme in the history of mankind, problem is shorting this garbage would be too hard as no one know's when this shit is going to zero, not even me, who has high echelon investment banker insiders

>>25720207
When did I say white people were bad? I said racist maga low IQ retards are bad, which is true. Not white people in general. You sound like a racist incel. If this makes me a pussy, then what are you? Post arm faggot. Let me guess, you won’t because you’re a weak ass loser who’s trying to larp as a badass online. Top kek

>>25720307
Why are you so pathetic?

>>25719833
>>25720307
And you too. All magafags are either fat fuck out of shape faggots or skinny beta incels. Prove you’re not

>>25720307
Roided absolute freak.

>>25714997
he is right about it being shit, wrong about the timing. Tesla will die once the market crashes 08 style

>>25720348
Let me guess, another racist Trump faggot

>>25720307
ngl you sound kind of homophobic bro.

Nope. Musk will switch to bitcoin and save his stocks from the crash, by tokenizing them.

>>25716129
this. tesla doesnt go down if the usd drops faster

>>25720398
I am black but you are a self hating white pathetic and insecure cuck.
>B-but my arm

>>25714997
Everyone fucking knows Tesla is going to crash. The problem is the timing. It could crash Monday or it could crash in 2023 and if you bet on it crashing soon you go bankrupt.

>>25720387
All natural but stay mad, racist maga retard. I love styling on you guys online because you try to be keyboard warriors and act so badass but I know you’re all either fat as fuck or skinny as fuck, regardless not a badass in any way despite all your larping

>>25720307
You sound like you're mentally ill.

>>25720529
>I take pictures of myself with my shirt off in the gym
>With an iphone

>>25720529
there is one way magatards are more badass than you, the propaganda they buy into is closer to the truth than the propaganda you buy into. Keep dabbin' on whitey bro.

>>25720529
>all natural
>those proportions
manlet hahaha

>>25720307
>midgety arm
>speckled walls
>pebble floor mat from 1999

kek

>>25720512
Being black has nothing to do with your opinion here but thanks. It’s not self-hate, I love white people as a race if they’re not racist. But if they are racist then fuck them. If any person of any race is racist then fuck them. If you yourself as a black person are racist then fuck you too. I don’t stand for racism at all, and fuck anyone who is. And I understand there are racial stereotypes across cultures, I’m not talking about that shit. I’m talking about hate-fueled racism

>>25720637
*imagine the smell

>>25720650
Then you're a retard. Welcome to human civilization fag

>>25720550
>>25720578
>>25720628
>>25720633
>>25720637
>jealous cope

Kek heard it all a thousand times and always stay confident with who I am and what my reality is as none of you obviously know. Keep it coming. I’m also 5’11 but not like it really matters

>>25720650
interesting. so is black people staying tribal and looking out for the self interest of their race hate-fueled racism? Or race realism? When a white guy fights a black guy and 10 black guys jump in is that hate-fueled racism? Or the instinct of self preservation? Please elaborate.

>>25720686
>didn’t read my last sentence

There can be racial stereotypes without being hate-fueled racism, retard

>>25720711
for pragmatic reasons, kill all niggers = ok
i hate all niggers, kill them = hate-fuelled racism

>>25720650
eat shit nigger

>>25720711
>what are gray areas of life

Stop looking at everything so black and white. Black and white isn’t how the real world works, if you ever got out of the basement and ventured into society you would know this. Context is key, and it is obviously extremely easy to tell when someone is being racist for purely the sake of being hateful

>>25715290
MIkey's a confirmed API3 whale.

>>25715254
based

>>25720833
No shit, the point is that nobody voted for Trump because they are racist...that's the *context you are sorely missing.

>>25719024
I will be coming home if they take away gunrights here.

>>25721113
Jesus Christ. You really believe not a single person voted for Trump because they were racist? Your naivety and ignorance is on levels I’ve rarely seen before, that tells me all I need to know about your credibility regarding anything else

>>25720704
Maybe you've heard it all a thousand times because you're a self righteous douche with your head up your ass.

>>25721275
The racists voted for Biden you dumb fuck. Neo-segregation is still segregation. You fail to see the inversion of how things are run. Talk about naivety.

>>25720529
>>25720578
i've seen this fucking picture posted on /biz/ before, timestamp or piss off

>>25714997
He's just saying random shit in a desperate attempt to be relevant.

>>25720230

Yes. They quite literally use slavery and get away with it while also preaching woke.

>>25721277
Funny how it’s never anyone from real life that hates me but only hateful jealous of people online. I was just referring to the jealous comments I was getting about my physique. I work in the fitness industry and am a professional in the division I compete in so of course am used to jealous comments from strangers online assuming I’m on roids and shit

>>25715022
Yea but thats the meme they use to fud people like hes right again then big money moves in and buys up Tsla. I will never doubt Tsla again. Id be a fucking millionaire if Id followed my first mind regarding this stock.

>>25720529
do u fuck ur own ass faag

>>25721369

>>25721522
yep he is a total faggot go roid some where else faggot nigger

>>25715048
knowing if Tesla is worth 800 billion today is pretty much a risk:reward play.

Tesla isn't worth 800bil today, but it's one of the comapanies that most invests in R&D and tries to accomplish scientific breakthroughs...

nobody knows if or when they'll make those breakthroughs, but if they do, they could be worth a lot more still... the whole tesla play is based on the success of their techological development

Should have bought the right company lol

>>25718814
>they're removing parler
Fuck Parler. That app LITERALLY requires identity verification. It should not be even legal for fucking GLORIFIED CHAT ROOMS. So yeah, fuck them.

>>25721522
you edited two photos together

>>25721612
You’re just coping now. I can’t simultaneously flex and hold up a timestamp and if I didn’t flex you wouldn’t be able to tell it was the same arm and would call me a larp. I could really post the two pics separately if you would like but I think it’s obvious to tell they’re from the same place, look at the same bed spread and controller

>>25721752
you write it on your arm you utter brainlet

>>25715264
that's a big guy

>>25714997
you don't need a 2 digit IQ to know that tesla is overvalued but as long as you can make money with it and stocks go up, people keep buying

given that stocks always go up we can be sure that you can buy as much tesla as you want and sell a day later to make money

>>25721565
THIS is the mindset that EVERYONE during the dotcom bubble had. Literally the exact same. What people didn't realize is that it takes 10-15 years to know if this tech will actually make any sense whatsoever lmao

>>25715264
this set is still one of the best around

>>25720307
manlet rage

>>25716067
Schizo post about biden.
Fuck off to pol.
US market is catching up in ev tech. It's like saying that ford was the only car company worth anything when they began mass producing model Ts in the early 20th century. Tesla blazed the way, but others will iterate.

>>25722388
Fucking sauce now

>>25715264
no

>>25720307
Are you on the shitter bud?

>>25718572
what a cuck

>>25720307
Based. You made them scared to post their scrawny stick arms kekekek

>>25723150
he never posted shit, I'm still waiting
>>25721786

>>25723174
Let's see your arms, big guy

>>25723186
my arms are only normal, I don't pretend otherwise. post yours faggot

>>25722665
>biden is corrupt like literally every politician alive
>WOW NICE POST SCHIZO

k

>>25723435
So you're a scrawny DYEL faggot

got it

>>25723503
lol so you're a projecting twigster, got it. post pics or fuck off

>>25723570
>lol so you're a projecting twigster, got it. post pics or fuck off

tesla has unearned marketcap. as soon as toyota or honda put out the EV camry thats plain and normal, its over for tesla. its not a future company, its the present parading as the future.

>>25723625
post pics, prove me wrong. You won't, because you're a larping fag, same as the other DYEL queerbait

>>25714997
Yeah no way that's gonna happen. Just look at Apple.

>>25715109
>everything is a bubble
>except btc
heh

>>25723714
Says the faggot who has been constantly been replying with '>no u' tier replies and is still pussy shit to post his arms.

>>25724147
post arms freak

>>25720307
manlet arm as wide as it is short. get fucked midgey

>>25714997
HUGE SHORT SIGNAL

>>25715264
that's a claymation figure from chicken run

>>25720230
Yes

Massive piles of cash reserves.
Cash flow from services (TV / Music / Apps, etc).
Overpriced as fuck devices that people buy every year.
Overpriced as fuck accessories that people buy.
Nickel and diming people ($30) for a cable.
Slave labour.

Etc, etc. They literally can not go tits up at this point.

>>25720272
Yeah, I mean PayPal was a good product back in the day. But he definately seems like an 'ideas guy' who can sell people the shares, I mean, dream.

Fair play to him I guess - just highlights what a clown world we are living in to me though.

>>25724640
Holy shit

>>25715264
Also,
I WANT TO MAKE HER PREGNANT I LOVE TOMBOY GIRLS
>>25715548
You have a problem and it’s insecurity. You need a pretty woman to be a freak tranny in order to feel worthy. Granny livers get the rope on day one (AJ is the only exception because the videos are funny)

>>25724883
He's not the ideas guy, he did fuck all at PayPal and bought Tesla.

>>25714997

>>25720307
What are you, 4 feet tall? Why is your arm such a chode?

>>25718797
Not only did they ban him, but he tried to evade the ban 3 times. First with the POTUS account, then the Trump campaign account, and then one of his staffer's account. A true shitposter.

>>25714997
imagine buying TSLA instead of amazon

>>25720307
holy based magatards on suicide watch

>>25714997
No one should need Michael Burry to tell them this one. A P/E >1500 with a forward EPS expected to be 400% is speculative and irresponsible.

>>25719745
You are more than likely a little bitch in so many ways but your 100 IQ makes it impossible for you to self-reflect

>>25728432
Indeed Burry is a classic value investor and would not have invested in Tesla possibly ever.

I'm gonna review some of his old newsletters, gotta figure out what to buy after the crash of 2021.

>>25714997
he will lose his ass
tesla is going to btfo the car and car insurance industries

>>25728857

>>25721925
don't underestimate ability of the cat lady occupied government to keep this shit going through truck after truck of 'le green energy money'

>behold the lithium mine wastelands, karen

>>25721384
>never anyone from real life that hates me
>only people online

people are more honest online

also you can run on that treadmill as hard as you want, at the end of the day you are still a poor 5'11 simp who willingly submits to fat joggeresses holding up signs 'all wypipo rayciss, giev money'

>>25716192
Based

>>25720529
seethe

>>25714997
Right but early. The curse of smart people.

>>25724640
fucking made me spit my tea u funny little cunt

>>25715659
>muh reductio ad absurdum
at some point in the future you will die, at some point in the future you will drink water. both events are impossible to predict exactly yet hard physical constraints give us a range for when they're likely to happen, to the point we know it's extremely unlikely you'll die before the next time you drink water
nobody buys tesla because they believe it'll generate a profit nowadays. even investing in bitcoin unironically makes more sense. the tesla narrative is 100 iq normalfags thinking elon is going to colonize mars, and 110 iq big players trying to get rid of their stimulus money and thinking they can find a greater fool. euphoria like that requires exponential amounts of money to sustain. every pyramid scheme eventually runs out of possible targets

>>25720704
>5’11
Manlets, when will they learn?

>>25714997
Sauce on this

>>25720529
>Spending your time peacocking instead of learning how to fight

>>25720650
That died in 1960. You've been fooled into believing that still exists. The Smullet case is an example of this. A nigger that tried to find racism, couldn't, made it up.

>>25715108
yeah. TSLA is going to be the world's reserve currency

>>25714997
>IT WAS IM A MOOVVIEEE
you cum stains should just off yourselves. You faggots have been saying this horse shit for 6 or 7 years now and if you'd of invested $50k in Tesla back then you'd be millionaires today. It's not to late. You can do the same thing right now and be a millionaire in 5 years too. Stop falling for these short sell faggot trolls

>>25720230
Unfortunately, yes.

>>25724640
kek

>>25715264
>Picrel
>confusion intensifies
Is it a he or a she?

>>25727996
based and maga pilled
>>25718903
>we 1984 now?
Sadly yes.

>>25720307
/fit/, get out, but based manlet

>>25715264
never thought i would see this again. cooming time

>>25722814
https://xhamster.com/photos/gallery/9253764/172334199

>>25718903
It's a straight up coup but people are too retarded to see it.

>>25715048
dude elon’s just ponzi funding his funeral ride to saturn

>>25720650
nigger

>>25725355
You are still a virgin, relax sōyboy

>>25729990
>no abs
loooool scrawny faggot

A more important question you should be asking is if/when TSLA implodes will it cause the stock market crash as well since TSLA is the 5th most valuable company.

>>25721565
Even with that in mind it's waaay to high

>>25716192
Based

>>25714997
Pretty definitely yes. I just hope Musk doesn't destroy SpaceX when TSLA implodes.

>>25718944
a first year college student

>>25719233
>will it do another 100x
>another 100x
>another
found your sell signal, anon

>>25719745
Midwit

>>25720307
do you do competitions? Power lifting? Or wrestling/grappling? You’d be pretty op if you have pain tolerance and a strategic mind.

>>25720307
Cringe

>>25718814
Fuck parler

>>25714997
He's gonna short tesla ?

>>25724640
KEK

>>25715108
yes, and it will

>>25716213
Bitcoin and Tesla have both 10x'd in the same amount of time, their charts are fuckin identical, if Tesla goes down so will Bitcoin, the boomer market and crypto are still connected

>>25716067
>NIO
https://finance.yahoo.com/quote/NIO/financials?p=NIO
Am I missing something?

>>25714997
I pretty sure the media just ask this guy "is X a bubble?" for every market just so they can get a clickbait title.

"Wow guy who predicted 2008 collapse also says X is a bubble" I swear I have seen 10 of these articles with Michael burry's name in it

>>25715108
Same as btc

>>25734660
he bought gamestop at $5 and got himself a seat on the board of directors to get them to do stock buybacks while the nation was shitting itself because of covid.

He is the based chosen one.

0x.MR

>>25734865
nope. 0xmonero is still vaporware bullshit
just like the last hundred times you spammed it
stfu you dickless little moron
https://www.reddit.com/r/CryptoMoonShots/comments/i27fhk/0xmonero_summary_of_findings/
>>/biz/thread/S24750658#p24755504

>>25717220
JEWS

>>25715264
Chelsea Manning?

>>25718937
I'm a Palestinian in america. I almost got expelled from university over a paper I wrote and published in the school paper, ((((donors)))) threatened to pull out money. Was also stalked by form IDF dogs after a speech a gave. Literally followed me around campus and tried to intimidate me,
Get ready whitebois, its about to get spicy for you guys. You'll get used to it after a while

>>25721565
DUUUUDE ELON WILL INVENT PERPETUAL ENGINE ANY DAY NOW

>>25735401
my brother unironically thinks he will travel to Mars in his lifetime and that Elon will be the most remembered and important person of the 21st century
you have no idea the delusion normies have with Tesla right now. I think its time to sell

>>25720529
Showing off 'your' pics to guys online. Kinda gay

he's right but were in a retard bubble so shorting it is equally as stupid as buying it, this is something you observe

>>25715048
Do you believe enough to grab a bag?

>>25720307
EXTRENELY based

>>25719745
You're a neutered white male.

Equity has so much more liquidity then real estate, it's harder to get systematic risk with it. Sure some idiots may not see the writing on the wall and will try to catch falling knives, but them having money in the first place was a fluke really.