Clarification:
Market resolves if TSLA reaches >$299 ($299.01+) at any point before 8pm EST on
10/11 - this includes After Market but not Overnight trading.
For After Market trading information: After-Hours Trading: How It Works, Advantages, Risks, Example (investopedia.com)
@Predictor Interesting, However I would tend to assume that for a busy line the cost of electric cables would be cheaper than the expensive batteries needed on such operating trains that are also heavy to transport around increasing friction and acceleration costs. So perhaps a niche product for low usage sidelines that are not worth electrification cost and the trains will be expensive for the battery cost so rarely used even in those cases.
Glad to see it? Yes. Should we be excited by the value this might bring to Tesla? I tend to think not. Maybe you see this differently?
@ChristopherRandles The train actually has little to do with Tesla. They didn't build it and they're not operating it - they just use it.
@TimothyJohnson5c16 Exactly. Did Predictor really think this would move the value of Tesla up?
@MolbyDick Predictor said search for it so I did and I am sure you can also put 'Tesla train' into your favourite search engine.
@MolbyDick Current price is, 218.84, volatility to 10/11 is 0.57305 (according to https://optioncharts.io/options/TSLA/volatility-skew?option_type=all&expiration_dates=2024-10-11:w), assuming 10% annual return on stocks and running simulations tells me that this is a 5.8% chance.
