Option Iceman 7:12 am on Wednesday, June 14, 2017
Tags: ShortCalls ( 979 )

$TSLA #ShortCalls – Sold 1…

$TSLA #ShortCalls – Sold 1 TSLA Dec 15 2017 600.0 Call @ 3.25 with the stock at 381.08
http://www.zerohedge.com/news/2017-06-13/heres-real-reason-tesla-makes-no-money

fuzzballl 11:17 am on Wednesday, June 14, 2017

Wow…hard to believe my 500 strike short call could get some heat.

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The 5.3 million square feet of manufacturing space that Tesla now occupies started off as a joint operation between General Motors and Toyota which began in 1984 and was intended to help the Japanese automaker learn about doing business in America and teach GM the principles of lean manufacturing. 20 years ago the plant pumped out over 350,000 new cars each year or roughly 74 vehicles per worker.

Meanwhile, Tesla, the ‘pinnacle’ of lean manufacturing with a 20-year technology advantage, somehow only manages to build somewhere between 8-14 cars per employee.

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And this comment was pretty funny:

“This article makes very unfair comparisons of Tesla to conventional car companies. Of COURSE Tesla requires more employees….they are a sensitive modern new age company, and have a huge overhead of non productive employees running sensitivity training, non-discriminatory coffee-brewing seminars, self-esteem workshops, as well as marketing real estate on Mars and advanced sales of tickets on self-exploding rockets (buy one for your mother-in-law today!). It is no surprise that they are losing money on every car, but they promise to make it up in volume”.