27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
EV giant Tesla Inc (NASDAQ:TSLA) is reportedly considering building a ‘Cyber cafeteria’ at its Gigafactory in Texas.
What Happened: As per an image of a purportedly official document, circulating on X, formerly Twitter, Tesla is looking to build a Cyber cafeteria starting in late October. The project is expected to be completed by April 2024 and would cost an estimated $10.5 million.
As per the document, Tesla is looking to build the cafeteria on a level of Giga Texas. The cafeteria is expected to be spread across 22k square feet and going by the name, will be Cybertruck-inspired. Whether it would be limited to employees or open to the public remains to be seen.
Benzinga was unable to independently verify the document.
Why It Matters: Meanwhile, Tesla’s "futuristic" diner in Los Angeles is expected to be ready later this year. The diner, which Musk described as "Grease meets The Jetsons" will also be a supercharger location.
In March this year, Tesla showed an illustration of the diner restaurant, complete with a rooftop patio, drive-in movie screens and charging ports at its investor day. Musk first touted the idea of a drive-in restaurant in LA in January 2018.
Photo by University of College on Shutterstock
Meanwhile, the delivery event for the Cybertruck is expected to be held later this year.
Check out more of Benzinga's Future Of Mobility coverage by following this link.
Read More: Cybertruck Diapers For Real? Musk Says ‘Definitely Need To Add This’ To Tesla Merch
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
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