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📈 Cruise's robotaxi program collapses under GM

Sacks' call after the California DMV suspended Cruise's permit over footage withheld from regulators: GM and Cruise were never technically sophisticated enough to make driverless work, and being deceptive with the regulator on top of that is the kill shot. GM's AV spend becomes a write-off rather than an option.

0 CONVICTION
peaked 35.0 EMBER
DORMANT
band
▼ SHORT GM
expression · bearish equities
WRONG
result · return -93.4% · vs SPY -136.3%
2024-10-27
born 2023-10-27 (E151) → window closed

⚖ Why this result

fully deterministic — computed from daily closes on the scoring date; nothing below is editable or hand-set

  1. Window: 2023-10-27 → 2024-10-27 — first mention + 12-month horizon, then the window locks.
  2. The call: ▼ SHORT GM (primary play). GM rose 93.4% over the window → return (sign flipped for a SHORT) = -93.4% (the call lost money).
  3. Benchmark: holding SPY over the same window returned +42.9% → vs SPY = -93.4 − (+42.9) = -136.3% — what this call made or lost against just owning the index. This is the number the result uses.
    Direction-only read: -50.5% — did GM move the predicted way relative to the market. The two only differ on a SHORT: this call was right about direction relative to the index but still cost money versus holding it.
  4. Rule fired:
    · RIGHT — return ≥ +10% AND beat SPY by 5+
    · HALF — return ≥ +5% OR beat SPY at all
    ▶ WRONG — everything else
  5. Credit: supporters of a WRONG earn 0 each, opposers the opposite — this feeds the scoreboard. supported: Sacks

Conviction timeline

bands: green ≥ 65 · watch ≥ 45 · ember ≥ 15

Plays vs SPY · % since first mention (2023-10-27)

Plays

expressionsymbolkindrelevancerationale
▼ SHORT GMstock PRIMARY Cruise's majority backer — the AV program's value sits inside GM's equity story

Mention log newest first

Sacks
Sacks equities 44% · n=96 · E151 (2023-10-27) · explicit_prediction · strength 2 ▶ 1:11:18 SUPPORT
“I didn't think cruise was sophisticated enough, or really GM, who's their backer, was sophisticated enough technologically to get this right. And I still maintain that”

Who built this conviction

each voice's total push on the score, in conviction points across every mention — supports and opposes · share = % of all mention-driven movement

Sacks
Sacks 44%
1 scoring event · 100% of moves
+35.0 → net +35.0

⏳ decay drained -29.9 over the idea's life — that's time passing, attributed to no one

Score events

episodekindΔafternote
E151 2023-10-27 init +35.0 35.0 E151 born by Sacks (explicit_prediction x2)
E152 2023-11-03 decay -1.4 33.6 E152 silent
E156 2023-12-08 decay -1.3 32.3 E156 silent
E157 2023-12-16 decay -1.3 31.0 E157 silent
E158 2023-12-23 decay -1.2 29.7 E158 silent
E159 2023-12-29 decay -1.2 28.5 E159 silent
E160 2024-01-06 decay -1.1 27.4 E160 silent
E161 2024-01-13 decay -1.1 26.3 E161 silent
E162 2024-01-19 decay -1.1 25.2 E162 silent
E163 2024-01-26 decay -1.0 24.2 E163 silent
E164 2024-02-02 decay -1.0 23.3 E164 silent
E165 2024-02-09 decay -0.9 22.3 E165 silent
E166 2024-02-16 decay -0.9 21.4 E166 silent
E167 2024-02-23 decay -0.9 20.6 E167 silent
E168 2024-03-01 decay -0.8 19.8 E168 silent
E169 2024-03-08 decay -0.8 19.0 E169 silent
E170 2024-03-15 decay -0.8 18.2 E170 silent
E171 2024-03-22 decay -0.7 17.5 E171 silent
E172 2024-03-29 decay -0.7 16.8 E172 silent
E173 2024-04-05 decay -0.7 16.1 E173 silent
E174 2024-04-12 decay -0.6 15.5 E174 silent
E175 2024-04-19 decay -0.6 14.9 E175 silent
E176 2024-04-26 decay -0.6 14.3 E176 silent
E177 2024-05-03 decay -0.6 13.7 E177 silent
E178 2024-05-10 decay -0.5 13.1 E178 silent
E179 2024-05-17 decay -0.5 12.6 E179 silent
E180 2024-05-24 decay -0.5 12.1 E180 silent
E181 2024-05-31 decay -0.5 11.6 E181 silent
E182 2024-06-07 decay -0.5 11.2 E182 silent
E183 2024-06-14 decay -0.4 10.7 E183 silent
E184 2024-06-20 decay -0.4 10.3 E184 silent
E185 2024-06-29 decay -0.4 9.9 E185 silent
E186 2024-07-04 decay -0.4 9.5 E186 silent
E187 2024-07-12 decay -0.4 9.1 E187 silent
E188 2024-07-19 decay -0.4 8.7 E188 silent
E189 2024-07-26 decay -0.3 8.4 E189 silent
E190 2024-08-02 decay -0.3 8.1 E190 silent
E191 2024-08-09 decay -0.3 7.7 E191 silent
E192 2024-08-16 decay -0.3 7.4 E192 silent
E193 2024-08-23 decay -0.3 7.1 E193 silent
E194 2024-08-30 decay -0.3 6.8 E194 silent
E195 2024-09-06 decay -0.3 6.6 E195 silent
E196 2024-09-20 decay -0.3 6.3 E196 silent
E197 2024-09-27 decay -0.3 6.0 E197 silent
E198 2024-10-03 decay -0.2 5.8 E198 silent
E199 2024-10-11 decay -0.2 5.6 E199 silent
E200 2024-10-18 decay -0.2 5.4 E200 silent
E201 2024-10-25 decay -0.2 5.1 E201 silent