2017 Investor Roundtable: TSLA Market Action

[austinEV]

Bollinger band is at 226. I wonder if we test that. Also everyone should note that GM and F are both up 4% right now. If anything, we are underperforming. This could be nothing but tailwind. This is a GOOD thing, means that we have room to move on our own merits.

 

[racer26]

Third time bouncing off 225, and we've now surpassed average daily volume in less than 90 minutes of trading.

How many times do we have to bounce off 225 before we punch through it?

EDIT: At least four...

 

[tander]

Pleasantly surprised, is this gigafactory investor stuff overpowering the deliveries miss? The Ford betting on us manufacturing thing too? Someone mentioned Jeff Evanson speaking at CES too, not sure why he'd be speaking there anyway?

 

[Bgarret]

Third time bouncing off 225, and we've now surpassed average daily volume in less than 90 minutes of trading.

How many times do we have to bounce off 225 before we punch through it?

Noon Gigafactory reporting could be the catalyst to get us past 225 and Bolinger Band at 226....or we may have to "settle" for $7+ day on potentially rocky Q4 delivery report.

 

[racer26]

Pleasantly surprised, is this gigafactory investor stuff overpowering the deliveries miss? The Ford betting on us manufacturing thing too? Someone mentioned Jeff Evanson speaking at CES too, not sure why he'd be speaking there anyway?

Was me: its some financial conference co-located with CES. NVDA, FLIR, and several others are speaking there too.

Client Portal - Confirmed Companies

 

[racer26]

In other good news, we're back within that $10/wk rising trend after our brief foray below it.

 

[NOLA_Mike]

How many times do we have to bounce off 225 before we punch through it?

Looks like the fifth time was the charm... Let's see if it holds...

 

[NOLA_Mike]

 

[Jonathan Hewitt]

"Second -- and perhaps more important for Tesla's business -- the company has already begun mass production of lithium-ion battery cells at the factory."

Tesla's Gigafactory Doubles in Size, Brings Battery Cell Production to U.S.

 

[tander]

Was me: its some financial conference co-located with CES. NVDA, FLIR, and several others are speaking there too.

Client Portal - Confirmed Companies

Thanks. 2 investor things this week, wonder if something is up?

 

[tander]

So I'm thinking the Trump/Ford excitement might die down a bit today or later this week, but the Gigafactory news smattering and any CES stuff should keep carrying the stock?

 

[Driver Dave]

It's funny today how wrong some posts are about Tesla.

I did a search on twitter for "Tesla"

This one in particular, right as TSLA hits 226, gave me a chuckle...

 

[3Victoria]

This seems to be good news from the car dealer battles, in this case Connecticut. Tesla Motors Inc (TSLA) Rejoices Crucial Victory Over Car Dealers In Connecticut -- TCC link.

 

[vgrinshpun]

With the exception of one period today with net covering, the short sellers are not convinced and continue some shorting throughout this morning. This is good news - the longer short sellers procrastinate before covering, the more potent TSLA move up will be. GF starting production of 2170 cells that go into finished products (testing and validation was already completed) is huge.

 

[vgrinshpun]

From the Fidelity newsfeed:

Tesla Motors Up More Than 3%, Co Says Started Mass Production of Lithium-Ion Battery Cells at Gigafactory

MIDNIGHT TRADER 11:36 AM ET 1/4/2017


11:36 AM EST, 01/04/2017 (MT Newswires) -- Tesla Motors(TSLA) is up more than 3% after the company said it has started mass production of lithium-ion battery cells at its gigafactory in Nevada along with Panasonic Corp.

The gigafactory will initially produce battery cells for the company's Powerwall 2 and Powerpack 2 energy products, Tesla said.

Production of cells for Tesla's first mass-market car, the Model 3, is expected to begin in Q2.

It said by 2018, the Gigafactory will produce 35 GWh/year of lithium-ion battery cells, nearly as much as the rest of the entire world's battery production combined.

 

[neroden]

OK, I haven't found anything about the "investor event/tour" at the Gigafactory yet.

TSLA is blowing through price bands at the moment. I think my Jan 20 SCTY $25 short puts may expire unexercised (the strike price translates to 227.273)!

Bought back some of my now-deep-in-the-money short cash-secured puts now that they're selling for single-digit numbers of pennies. Gives me some more unrestricted cash to deploy...

 

[Turing]

I wasn't expecting 219.75 this morning. I can only guess the elite investors invited to GF1 know something us retail investors don't. (How is that fair, again?)

This is not necessarily true. Imagine sitting down for a dinner with Musk after Q4 numbers and heading into gigafactory event and having him personally reaffirm all the positive things he has been saying over the last year, with Tesla energy, demand, AP2 and so on. That isn't really divulging new information, more like reaffirming confidence and vision - which in itself would be powerful if you were there personally.

 

[tander]

Is the Gigafactory tour and stuff ongoing or is it over now? Would be nice for the stock if it could get more mileage out of this.

 

[NOLA_Mike]

TSLA breakout idea and recap notes 1.4.17

 

[ggies07]

Production of cells for Tesla's first mass-market car, the Model 3, is expected to begin in Q2.

So they will have started cell production by the time the Reveal Part 3 happens. Excellent.