If I was more on-the-ball, I’d have bought puts on TSLA first thing this morning. Its price action was utterly predictable, because a big piece of news had sent the stock flying higher yesterday evening, and that carried through to this morning. The result? A nearly to-the-penny gap fill.
![](https://slopeofhope.com/wp-content/uploads/2023/05/tslagap-640x596.png)
And what was the big news? Well, the person standing just behind those gigantic glasses is the woman that Elon has hired to run Twitter. The logic here is that, since Elon will be freed up to spend more time at Tesla (which is a must, I think) the company should do better.
Anyway, meet your new information overlord:
![](https://slopeofhope.com/wp-content/uploads/2023/05/newceo-640x520.png)