📈 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
- Window: 2023-10-27 → 2024-10-27 — first mention + 12-month horizon, then the window locks.
- 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).
- 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.
- Rule fired:
· RIGHT — return ≥ +10% AND beat SPY by 5+· HALF — return ≥ +5% OR beat SPY at all▶ WRONG — everything else
- 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
| expression | symbol | kind | relevance | rationale |
|---|---|---|---|---|
| ▼ SHORT | GM | stock | PRIMARY | Cruise's majority backer — the AV program's value sits inside GM's equity story |
Mention log newest first
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
⏳ decay drained -29.9 over the idea's life — that's time passing, attributed to no one
Score events
| episode | kind | Δ | after | note |
|---|---|---|---|---|
| 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 |