Tesla stock

Tesla (TSLA) Hits Production Targets But Still Will Likely Need Capital - TheStreet

Production was forecast @ 50-55K and they hit 53......
NOW.....let's see them do it again.
Curiously both the market and T are quieter about profit.

They're bonds are running.....what? 87 centavos?
Money costs money, and there's still non labor capitol tied up in those 53,000 Tesla's roaming about in the wild.

Tick-tick-tick-tick.......

 

So Tesla just outsold all other cars in the midsize premium sedan market (3 series, A4, C class, IS). They hit, and exceeded their targets.
They also came close to being profitable, although I am guessing they fell a bit short.

They are past the roughest part of the production ramp, although improvements are still in the works.
Their second gigafactory is going to be in China, sounds like ground breaking within a year, if not 6 months.

How long until other car companies start helping with this move to electrics?

 

don't hold your breath...

 

Really, what's the P/E ratio? Right, there isn't one, day trading this crazy stock is profitable, putting 150,000$ in hoping for a good long term outcome is a good way to raise the blood pressure, the people that make a living trading are making money hand over fist, the people underwater hoping, well, there's only one way to learn not to touch a hot oven.

Nobody should put money on the line, or goad others to.

Down another 14 points today, so far, great day trading stock.

It's unclear, though, whether Tesla's production is actually ramping up or not. Bloomberg's Tesla Model 3 Tracker -- yes, that's a thing -- estimates that production has dwindled back down to about 3,000 vehicles per week. True, Bloomberg's tracker is relying on registered VIN data and VINs reported on social media, so it certainly isn't an exact science. But the site's co-author Tom Randall boasts, "Our model still lines up well with the last four quarters of verified data" and came within 2% of the reported number in Q2.

 

TLSA currently down to $281. Dead cat bouncer theorist should be shorting hard. Others favoring current growth, sales, and profit trajectory with some discretionary $ may be buying.

@Usle you should be buying lots of short positions, what is your position?

 

Stop encouraging others to lose money, it's a serious situation.

 

Something else is driving that.

Edison 2.0 took the deal and TSLA met their production goals, and they're dating China.....so all of the "experts" who were buying at 300 should still be doing so.

Instead of dead-cat bounce maybe someone hears another shoe falling?

Only thing that I really found out there in open media is:
Cadillac Super Cruise better than Tesla Autopilot: Consumer Reports - Business Insider

 

Please answer the question. If you believe in the dead cat bounce you’ve invested a lot of money into short selling. Otherwise you don’t really believe it yourself.

 

Profitability is key. If Tesla can't make money while leading in sales, then my guess is the competition will just wait for them to become insolvent, and use that as evidence that BEVs are a failure.

However, if Tesla does make money and continues to gain market share, then that forces the competition to get serious or leave the market.

 

Would love to know of all the remaining reservations and additional demand for the Model 3 how many will be willing to go with ~$50k+ trim.

 

I do not know.
I get a free subscription to CR as a retired military member (I have to access it on a web-site) but I've never really found it to be worth the price.

I only mentioned the story as evidence of a lack of stories in open media sources explaining the latest drama on the street with TSLA.
278?
On a Thursday, and when their chief tweeter isn't a source of internet memes?

I don't get it.

 

Lots of possible factors. There is still the question if Tesla managed to make a profit last quarter. I am guessing they came close, but missed.
But I suspect the biggest factor is simply that the NASDAQ is down 175 points.

 

I can think of 20 million that would have gotten them closer

 

Ford is down .02 from 20$, Toyota is down .89 from 121, VW is down .89 from 109, it's not happening to them.

 

Yep - with talk of expanding. And then expanding to other car models too.

 

Since Tesla is such an unconventional company in their segment and in general, lots of standard metrics don’t apply to them quite yet, the stock trades with robust volatility based on new bits of miscellaneous data.

As recently mentioned, they are currently again tracking below 5000 models a week, but this is typical of their quarterly cycle where towards the end of the cycle they juice their production. Then at the beginning of the next quarter manufacturing output drops with retooling the lines. However, by the end of each subsequent quarter they substantially increase their output compared to prior quarters. As long as this keeps up, that is not a problem.

 

Wow, this new guy is quite the FUDster. ETC has been around here forever, so I will give him the benefit of the doubt, though.

 

FUD, right, If just one person doesn't get sucked into losing money, good.
The Tesla company is one thing, TSLA stock is quite another.