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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Julius Wong who wrote (166237)12/21/2020 7:39:53 AM
From: TobagoJack  Respond to of 219502
 
Re <<Elon ... Bitcoin>>

edition.cnn.com

Elon Musk tweeted about a bitcoin rival. It soared

New York (CNN Business) — What started off as a meme-inspired parody cryptocurrency has now become the center of a series of tweets in a bitcoin sound-off from Elon Musk.

The Tesla ( TSLA) CEO tweeted some Bitcoin banter Sunday, included calling bitcoin BS. He shouted out Dogecoin in a tweet saying, "One Word: Doge."

The tweet sent shares of Dogecoin up nearly 20% and landed it on the list of trending Twitter topics. The tech billionaire even went as far as updating his Twitter bio with the title "Former CEO of Dogecoin."

Musk's Twitter antics come as the dominant cryptocurrency surged to all-time highs during the coronavirus pandemic. Last week, bitcoin skyrocketed past the $20,000 mark -- topping $24,000 -- as the currency continues to grow in popularity among investors.

This isn't the first time Musk has tweeted about Dogecoin, the bitcoin descendant. '

The SpaceX CEO mentioned the digital coin in July when he tweeted "It's inevitable" with an image depicting the dogecoin standard engulfing the global financial system. The tweet sent shares up 14% at the time.

Dogecoin was cr eated in 2014 as a parody to a popular internet meme "doge", which involved a picture of a Shiba Inu dog. Although the virtual coin started off as a joke, it currently has a market value of nearly $570 million.



To: Julius Wong who wrote (166237)12/21/2020 8:24:05 AM
From: TobagoJack  Respond to of 219502
 
I suspect the first moments of trading of TSLA as part of S&P500 is likely a false indicator.

Let’s see what happens during the first few hours.

Have shorted call option expiring at end of working week and just received system message to be alert for same.

I intend to add positions for the expiration, to kiss before the shove, but not yet decide long or short, of call or put, or as in past week’s expiration, very-which ways Message 33099400 as long as likely to gain




To: Julius Wong who wrote (166237)12/22/2020 8:45:19 PM
From: TobagoJack  Read Replies (1) | Respond to of 219502
 
<<Elon>>

... more kibitzing from Bloomberg

bloomberg.com

Tesla Stock Price on Collision Course With Apple Car

The iPhone maker knows something about consumer products.

Mark Gongloff
23 December 2020, 05:42 GMT+8



TFW Apple is your competitor.

Photographer: Win McNamee/Getty Images North America

Mark Gongloff is an editor with Bloomberg Opinion. He previously was a managing editor of Fortune.com, ran the Huffington Post's business and technology coverage, and was a columnist, reporter and editor for the Wall Street Journal.
Read more opinion Follow @markgongloff on Twitter

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Today’s AgendaApple is a real threat to Tesla.We’re gonna need a bigger stimulus.Unless we’re airlines. Low muni bond rates have been a lifeline.Apple Car Looms in Tesla’s Rearview Mirror A common time-travel fantasy involves going back to buy a bunch of, like, Apple stock just before it takes off. A handful of lucky Tesla fans have been living that dream this year, watching modest investments in the electric-car maker turn them into paper millionaires basically overnight. But something about this hockey-stick-shaped chart feels less Apple and more Pets.com:



There are of course a bunch of good reasons to buy Tesla stock. But there are also a bunch of good reasons to wonder if it should be quite this expensive. Here’s another chart, via Axios:



Electric vehicles are the future and deserve every bit of our enthusiasm and investment. But all of those companies in the blue column of that chart get this just as much as Tesla does. And now another very worrisome competitor is apparently in the hunt: Apple. It's been dabbling halfheartedly in car design for years but reportedly is on track to crank out a self-driving EV by 2024.

It’s too soon to call the Apple Car or iCar or whatever a Tesla-killer. You’ll probably have to buy an annoying Lightning connector to plug the thing in. And yet, as Tim Culpan points out, Apple knows something about making consumer products that Tesla doesn’t: It keeps branding and design in-house while outsourcing the actual manufacturing. As Liam Denning has chronicled for years, Tesla struggles to churn out cars, perhaps partly because it insists on keeping the whole process so close that Elon Musk can camp out on the factory floor. Tim Cook sleeps in a nice house, and his company has a more sustainable stock price, partly because Apple understands that’s not necessary.