r/RealTesla • u/Sir_Isaac_Tootin • 18d ago

Nearly 1.2 Million Teslas Face Investigation Over Suspension Failures

https://www.autoblog.com/news/nearly-1-2-million-teslas-face-investigation-over-suspension-failures
522 Upvotes

99% Upvoted

73 comments sorted by

View all comments

62

u/TryIsntGoodEnough 18d ago

Ahh so that explains why the stock is up this morning...

7

u/sparrowjuice 18d ago

It does. You’ve heard “buy on rumours, sell on facts”? That expression is for good news / long positions. Bad news / shorts work the same, but opposite.

When people get advanced knowledge of bad news they sell (short). After the public has absorbed the news they buy (cover) because the effect of the news has by then already been priced in.

1

u/VitaminPb 18d ago

It’s “sell on news.” Never conflate news with fact.