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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 31.0 EMBER
DORMANT
band
▼ SHORT GM
expression · bearish equities
MISS
outcome · R -93.4% · α -136.3%
2024-10-27
window closed

⚖ Why this verdict

fully deterministic — evaluate.py replays this from daily closes; 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 → direction-adjusted R = -93.4% (the call lost money).
  3. Benchmark: holding SPY over the same window returned +42.9%α = -93.4 − (+42.9) = -136.3% — what this call made or lost against just owning the index. This is the number the verdict uses.
    Stock-selection 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:
    · HIT — R ≥ +10% AND α ≥ +5
    · PARTIAL — R ≥ +5% OR α ≥ 0
    ▶ MISS — everything else
  5. Credit: supporters of a MISS earn 0 each, opposers the inverse — this feeds the scoreboard weights. 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

Sacks
Sacks equities w=0.89 · 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 force on the score — supports and opposes from every mention, weighted exactly as the replay applied them · share = % of all mention-driven movement

Sacks
Sacks w=0.89
1 scoring event · 100% of moves
+31.0 → net +31.0

⏳ decay drained -26.4 over the idea's life — that's time passing, attributed to no one

Score events

episodekindΔafternote
E151 2023-10-27 init +31.0 31.0 E151 born by Sacks (explicit_prediction x2) [w=0.89]
E152 2023-11-03 decay -1.2 29.7 E152 silent
E156 2023-12-08 decay -1.2 28.6 E156 silent
E157 2023-12-16 decay -1.1 27.4 E157 silent
E158 2023-12-23 decay -1.1 26.3 E158 silent
E159 2023-12-29 decay -1.1 25.3 E159 silent
E160 2024-01-06 decay -1.0 24.3 E160 silent
E161 2024-01-13 decay -1.0 23.3 E161 silent
E162 2024-01-19 decay -0.9 22.4 E162 silent
E163 2024-01-26 decay -0.9 21.5 E163 silent
E164 2024-02-02 decay -0.9 20.6 E164 silent
E165 2024-02-09 decay -0.8 19.8 E165 silent
E166 2024-02-16 decay -0.8 19.0 E166 silent
E167 2024-02-23 decay -0.8 18.2 E167 silent
E168 2024-03-01 decay -0.7 17.5 E168 silent
E169 2024-03-08 decay -0.7 16.8 E169 silent
E170 2024-03-15 decay -0.7 16.1 E170 silent
E171 2024-03-22 decay -0.6 15.5 E171 silent
E172 2024-03-29 decay -0.6 14.9 E172 silent
E173 2024-04-05 decay -0.6 14.3 E173 silent
E174 2024-04-12 decay -0.6 13.7 E174 silent
E175 2024-04-19 decay -0.5 13.1 E175 silent
E176 2024-04-26 decay -0.5 12.6 E176 silent
E177 2024-05-03 decay -0.5 12.1 E177 silent
E178 2024-05-10 decay -0.5 11.6 E178 silent
E179 2024-05-17 decay -0.5 11.2 E179 silent
E180 2024-05-24 decay -0.4 10.7 E180 silent
E181 2024-05-31 decay -0.4 10.3 E181 silent
E182 2024-06-07 decay -0.4 9.9 E182 silent
E183 2024-06-14 decay -0.4 9.5 E183 silent
E184 2024-06-20 decay -0.4 9.1 E184 silent
E185 2024-06-29 decay -0.4 8.7 E185 silent
E186 2024-07-04 decay -0.3 8.4 E186 silent
E187 2024-07-12 decay -0.3 8.1 E187 silent
E188 2024-07-19 decay -0.3 7.7 E188 silent
E189 2024-07-26 decay -0.3 7.4 E189 silent
E190 2024-08-02 decay -0.3 7.1 E190 silent
E191 2024-08-09 decay -0.3 6.8 E191 silent
E192 2024-08-16 decay -0.3 6.6 E192 silent
E193 2024-08-23 decay -0.3 6.3 E193 silent
E194 2024-08-30 decay -0.3 6.1 E194 silent
E195 2024-09-06 decay -0.2 5.8 E195 silent
E196 2024-09-20 decay -0.2 5.6 E196 silent
E197 2024-09-27 decay -0.2 5.4 E197 silent
E198 2024-10-03 decay -0.2 5.1 E198 silent
E199 2024-10-11 decay -0.2 4.9 E199 silent
E200 2024-10-18 decay -0.2 4.7 E200 silent
E201 2024-10-25 decay -0.2 4.5 E201 silent