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TSLA Chief Accountant Leaves Company...
https://www.zerohedge.com/news/2018-03-08/tesla-shares-slides-after-sudden-departure-accounting-chief
Tesla's model 3 production tracker sniffing out trouble...
https://www.bloomberg.com/graphics/2018-tesla-tracker/
Yes it will. Did you all notice the sudden lack of cash burn this quarter? that's because they slowed production of the model 3. If they had actually been meeting their production 'targets' (notice no longer a 'forecast') then the cash burn would have been another record.
It simply costs much more to build a model 3 than it can be sold for. So in order to meet it's production 'targets' next quarter, tsla will have to burn through more millions to do it.
Tesla is valued at 55 Billion with sales of 100k units
GM is valued at 55 billion with sales of 10 million units.
Not only are they not meeting model 3 production targets, I seriously doubt that they can mass produce the thing at all. Actually, we know that they cant. and if they do, it is done at a significant loss per unit.
is tesla a bubble??
Chart says a quick drop to the 200 dma is coming very soon. Bot 5 Feb puts 275 strike today. Head and shoulders after h&s after h&s on the chart... yep.
Hey Elon, you do realize that your ponzi of a company is completely supported by the tit of taxpayer funded gubbment subsidies??! And your leaving the Presidential Councils??!
Lets see how long you last when Trump ends your climate change bull**** tax rebates for saving the planet.
Major crash coming in TSLA and stocks across the board. Get out.
Golden Sacks has spoken.... see you at $80
http://www.marketwatch.com/story/teslas-stock-falls-after-goldman-removes-bullish-rating-2016-10-06?siteid=bigcharts&dist=bigcharts
Kick and everyone else, I hate to break it to you but self driving cars are not coming to a street near you anytime soon. Tsla rallied the past few days on hopes the solar merger would not go through... but now it looks like it will and down goes tsla.
see you at $80
tsla is going to $220... why? because the solar city deal is about to fall through. this is great news for tsla shareholders, bad news for solar city.
14 billion in sales... maybe, maybe not... https://cleantechnica.com/2016/05/07/delivery-target-2017-tesla-model-3-orders-unveiling-elon-musk-tweets/
Funny....
Shareholders should be fearing a very swift double tesla/solar city bankruptcy. Straight up, without a large injection of cash soon it's happening.
Funny, they put the sell recommendation price target at $160, simply splitting the difference between the last two sharp corrections at $190 and $130.
My price target is bankruptcy.
price action today was weak. if tsla breaks below $200 it should trigger a drop to first support at $188.
Well, there are a lot of people holding short tsla right now, so if you can get a rally going it could cause a massive short squeeze and pump up the stock for a while. I took profits on my shorts last week and am waiting, trying to figure out how this will play out.
Really? So, you own stock in this company, tsla, that has no cash and is loaning the only thing of value that it has, it's over inflated stock, to Solar City, to keep it afloat?? You realize what will happen to Solar City and TSLA if the value of tesla stock continues to fall, right?? Do you know what a margin call is? Do you know what a margin call will do to both companies?
This is like robbing Peter to pay Paul, only in this real world example, Peter is you the stock holder.
It will be over in a flash.
Fraud at Tesla/Solar City/Space-X... anyone else find this interesting?
http://www.zerohedge.com/news/2016-09-06/how-elon-musk-used-broken-marketplace-play-us-all
'Leaked' email from musk! http://on.mktw.net/2bX1rdy
P.T.Barnum would be PROUD!!!!
There is a new Tesla S sedan in my office parking lot. A work of art it is. Only the millionaire real estate guy with no kids can afford one, so there is only one at the office. There in lies the problem. Sales are very slow.
musk is a terrible businessman. oh my god, this may go down as the best short play in history. dreamers, led by a man who does not know what he is doing, business wize.
watching volume and price action today... volume moves up on the down moves and moves down on the up moves. tells me this move down is no where near over.
tsla currently trades at about 300x forward earnings... that's nosebleed section stuff when you consider it's current assets are about 5 billion verses about 10 billion in liabilities.
they currently just don't have the cash flow/sales to keep this thing going without a major stock offering or bond sale to keep this thing going.
stock is worth somewhere in the $100 range at best.
$140 come to pappa!
the more I look at the chart, the more i see tsla falling below $100 before year end. Tsla and Solar City high cash burn rate, combined with weak demand for the cars and the solar city stuff... I mean, this shit is going down hard.
musk is a genius. awsome cars. fastest self driving cars in the world true, but the company is absurdly overvalued.
short it and make some $$$ for yourself.
wow, ok... so big drop this morning and when the market gives you a gift like that it should be taken so booked profits on most of my shorts. Only short 100 shares now.
there is a big rally coming at some point, but may not come until we test %190 or maybe even $140.
heads up tsla long term holders, you are about to get DILUTED!!! tsla needs cash and it needs it now so expect a large stock dilution very soon.
Yep, looks like tsla found a short term bottom at $210 today and should rally up to about $214-15 as it, and all stocks enjoy the annual rally into the labor day weekend.
is it really this easy??!
If it can make it to $215 I will short more and enjoy the coming drop to $190... then $130.
Charts says AMZN is about to drop hard.... Anyone else out there short other than me?
this PIG is ready to drop like a stone again. I'm short 2000sh as of close today. CAT heading to its 50 dma at $80 in a hurry, then down to the 200 dma at $74.
tsla was trading at $130 just 6 months ago. Not much of a stretch at all my good man. As for tsla being in the 'research and development phase' well, the current stock price is based on promised sales of tsla CURRENT product line. However, sales and revenue promised and projected is not happening, not by a long shot.
the natural result is a lower stock price.
price action over the last hour suggest tlsa may get a little bounce off the lows of $211 to $212-214 area at the close. I will be shorting more at that level for the coming drop to $190.. then $130...
At some point there will be a HUGE short covering rally, prolly in the $190 area... then, after that settles down, down it goes to $130.
They make the fastest car in the world and musk is a genius, yes, i know.
If it cannot retake the 200dma (on a one year daily chart) before today's close... then it's a very quick trip to $190.
They make great cares and elon is a genious and they make the fastest cars in the world.
picked up a few put options 200 strike before the close. this pig looks prime to get popped next week.
I wonder what the world will look like when everyone is driving the fastest car in the world??
tsla stock price bounced up of the 50 dma this morning, then could not hold that price and broke down through it to the 200 dma, where it bounced up a bit... but will it hold the 200 dma???
if not (and I'm betting on if NOT) then door is open for a quick drop to $190 or $140
They make fabulous cars!!! just WAY WAY WAY overvalued.
...and TSLA is giantly overvalued. If stock price breaks through the 50 dma (where it closed today) it could easily break through the 200 dam (sitting just below at $218) and that will open the door to the $190 low in June or possible the $140 low in Feb.
Yes, they make the fastest car in the world and Musk is a genius.
solid red candle today on tsla. s&p looks like it has started to break down and vix spiked today as well so overall market poised to drop next few days along with tsla stock.
I should have shorted more on that ridiculous spike yesterday... but happy for now short 700sh tsla. yes, they make great cars, the fastest car in the world even... but remain waaaaaaay overvalued.
Here's what todays announcement tells me... Elon realizes that the only market for his 100k+ electric cars has been, and will continue to only be, the ultra rich. It is usually the ultra rich who care about things like 'i have the fastest car in the world, prick!' so he's focusing on them. elon, let me know when you have a car I can afford and take a long raod trip in.
Great cars, great batteries, great company... just TREMENDOUSLY overvalued. 300+ mile range for 'some' cars with new battery... not that big a deal Elon. C'mon now mr. musk, P.T. Barnum would be proud!
Just add 200sh short at 224.50 bringing my grand total to 700sh short...
Elon to announce a new product...? No matter what it is the company is still way overvalued. Price target $145. But they do make great electric cars. Bash away!
If TSLA cannot get back above $225 by the end of today it opens the door to much lower prices next week.
Also, seeing larger volume on down bars (15min daily chart) and lower volume on up bars today and actually all week. Another clue that the price path of least resistance is lower.
But they make GREAT CARS!!!!!!
Added to short position during the morning rally. Half way there now short 500 sh TSLA