Tesla Weekly (8/23): The Cult Melts Down Over FSD
The path to "unsupervised" FSD likely means that the current hardware is obsolete.
Trading Thoughts
After rising 3.3% to $223 through Wednesday, Tesla sold off yesterday on higher-than-average volumes and dropped by 5.7% to $210 versus the Nasdaq 100’s decline of 1.7%.
What’s interesting is that this 5.7% drop in Tesla’s stock came amid call option volumes of 1.081 million, which was up 61% from the previous day. Put volumes were 0.68 …
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