@CCPool_Daniel I couldn't care if you're right/wrong but you're likely being disingenuous in this post and ego is at play. it seems that a factor for your short trade was that you were massively long and needed a hedge? You were long and short again. When did you close the long. Do a public vid
@CrypticTrades_ Anyone saying for sure the bottom is in should not be trusted. Could it be yes, but this price action off of 60k looks corrective and it is likely a corrective wave to 89-92k area before the last leg down HTF.
Tesla just got the first supervised autonomy approval in EU history and the market is treating it like a regional software update.
The Netherlands has 17 million people. Irrelevant. What matters is the regulatory architecture Elon just cracked open. Under EU mutual recognition, every member state can now adopt the Dutch certification without running their own review. Germany, France, and Italy could go live by summer. One approval, 450 million people, delivered over the air.
Run the math on what Tesla submitted to get here. 1.6 million km driven on EU roads. 4,500 track test scenarios. 400+ compliance requirements. 18 months of documentation and audits. The RDW put FSD through the most rigorous driver assistance evaluation any regulator has ever conducted. Their conclusion: the system makes roads safer than human driving.
Now look at the dataset moat. 8.4 billion miles of global FSD training data. One collision every 5.3 million miles with FSD engaged. One every 855,000 miles without it. No other automaker on Earth has a training corpus within an order of magnitude of that number. And every Tesla on the road is widening the gap in real time.
Everyone keeps comparing Tesla to car companies. The company that just got an entire continent's regulatory framework to certify its neural network for public roads is not a car company. Elon has been saying autonomy alone is worth more than the rest of the business combined. Today is the first day European regulators started agreeing with him.
@TheLongInvest@Micro2Macr0 Don’t agreed and be careful. this abc down is likely in a wider A - then we’d get 3 waves up in B to around $90-100k for a HTF lower high before further downside in C to new lows to complete the correction.late this year or early next.