Down to 186 this morning. Are people moving money to Bitcoin again?
The markets in general are tumbling
Wait until Q2 earnings surprise.
I am buying st this price . It’s a value for money stock at 190 levels . Don’t care what media tells keep buying from here .
Why is it a value? Use math.
It’s a growth stock so let’s look at revenue growth: $21B last year 82% growth from 2017 and 2017 had 68% growth from 2016 Gross profit last year was $4B NI 2018 -0.9B If demand of model S&X stays consistent YoY and Model 3 continues to mature and grow. Model Y and truck launch and ramp production, then this is a successful company in early stages. I think Model s and X will experience some decline due to the 3 ramp. Profit margins on the 3 are crucial to make up the cannibalization. A refresh will help in increasing demand for both models. The recent refresh should also increase the demand this quarter for the S and X
Wall Street loves to hate TSLA
Let’s ask all the TSLA employees on Blind!...
TSLA is burning cash and IB Risk adjusters just increased their % (from 30 to 40) for margin which is typically not a great sign.
Also if the trade war with China leads to China cutting off rare earth metals to the US, then Tesla won’t be able to make batteries
For a company that cannot keep cash flow and do profit? Seems right. Tesla has yet to prove they can be consistently profitable. If that happens stock will spike up.
You are fighting the Wall Street machinery. Lehman shorts ensured demise of Lehman, Tesla May suffer the same fate.
Shorts didn't cause Lehman's collapse, its own balance sheet did.
Remember when Einhorn called the CFO at the time (Erin Callan) and showed her the books were cooked? Einhorn buried her executive career right there (Lehman fired her a few weeks later). It is a well-known story on Wallstreet. Dude made oogles of money shorting Lehman.
Im looking to buy 100k of Tesla soon. It has filled a 5 year gap and is sitting on support +market is down. My wife hates I do this with this much money.
Username checks out
Avg out always
Overhyped for the past few years.
Have you driven one?
Stock market doesn’t care how well it drives