2017 Investor Roundtable: TSLA Market Action

[vgrinshpun]

Option_Sniper on Twitter:

$TSLA warned u all last week about hourly M top. Broke key 346,334,327 levels AND uptrend line since last Dec. 314.8 & 307.5 KEY to hold.

 

[TMSE]

Crash tests raise questions about safety of Tesla Model S
A new set of crash tests by the Insurance Institute for Highway Safety questions Tesla's claim that the Model S is the safest car in history.

In fact, the person who oversaw the Model S crash tests tells CNBC, "If you're looking for top-line safety, we believe there are other, better choices than the Model S."

Just FYI.. the above claim from IIHS is different from that of the US govt agency NHTSA, which gave top ratings for Tesla. The timing of this IIHS guy's comments is suspicious.

 

[FluxCap]

Crash tests raise questions about safety of Tesla Model S
A new set of crash tests by the Insurance Institute for Highway Safety questions Tesla's claim that the Model S is the safest car in history.

In fact, the person who oversaw the Model S crash tests tells CNBC, "If you're looking for top-line safety, we believe there are other, better choices than the Model S."

Cherrypicked quote that Lebeau probably fished for from an IIHS (non governmental) vs NHTSA (government) guy. Personally, I'd probably drive with a five point harness on the highway if it came standard, but most people wouldn't do this. Also, how an Avalon (or any combustion engine car with an engine block that can penetrate the cabin in a collision) could possibly be considered overall safer than a Tesla Model S based this one test is beyond me. This portion seems relevant:

Tesla defends the Model S and its safety record. In a statement to CNBC, a Tesla rep said: "Tesla's Model S received the highest rating in IIHS's crash testing in every category except for one, the small overlap front crash test, where it received the second highest rating available. While IIHS and dozens of other private industry groups around the world have methods and motivations that suit their own subjective purposes, the most objective and accurate independent testing of vehicle safety is currently done by the U.S. government, which found Model S and Model X to be the two cars with the lowest probability of injury of any cars that it has ever tested, making them the safest cars in history."

It's true the National Highway Traffic Safety Administration has given both the Model S and the Model X five-star safety ratings, the highest score possible. In fact, the Model X is the only SUV to ever earn a five-star rating from the federal government.

 

[GoTslaGo]

Option_Sniper on Twitter:

Have to really respect that guy. He called it for the short term traders. Told everyone to just stay out this week.

 

[vgrinshpun]

ROFL about all the competition talk. The plateauing **all** of the competitors would die for..

Tesla Model S Crushes Large Luxury Car Competition (H1 2017 US Sales)

 

[DragonWatch]

Just want to say I like how you gents put words to (digital) paper.

Is it bad sign I bought 50 shares just a couple of weeks ago at an average price of 380 and I didn't feel compelled at all to sell today?

Just so you know; not only do I sweat a bit when going down ~ I hear my wife since I conned her into investing at a high peak of $150. However, since staying well above that now, I am in the clear. Plus she has the MX

 

[DragonWatch]

ROFL about all the competition talk. The plateauing **all** of the competitors would die for..

Tesla Model S Crushes Large Luxury Car Competition (H1 2017 US Sales)

Where is the MX in this mix? And looks like Tesla is making a financial/car-for-car impact to me

 

[NicoV]

1. "Model S/X have reached demand plateau."

I basically agree with shorts on this. The global demand for $80k car is limited. I don't expect high growth in this area year after year. In my spreadsheet, I estimate Tesla will be selling 100,000 S/X in year 2025 and 2030, average selling price $80k. That's $8B revenue, $0.8B net earnings. But in my same spreadsheet, in 2026, S/X only accounts for 1.1% of Tesla's revenue and earnings. The rest of the earnings will come from the network, model Y, model 3, pickup truck, semi, and energy division. So whether the future S/X demand will be 50k a year or 500k a year, doesn't make much difference.

Why would S/X sales plateau at 100K? Let's not forget that there are huge geographical areas where it is not reasonable possible to own a Tesla currently. Just looking at Europe, there are still no service centers in SPain and Portugal, just one in the extreme north of Italy, and none in the former eastern block (east of Germany/Austria). There are lots àf wealthy people in those countries who have no option to buy and service a Tesla, and currently have no option but to buy a Porsche, Audi, BMW or Mercedes if they want a high performance car.
There are even entire continents (Africa, South America) that don't have a Tesla presence.
I guess that less than 20% of the world population has the option to actually buy a Tesla. The other 80% of the world has to buy an ice even if they want a Tesla. I would only start to think about plateauing S/X demand if most of the world is geographically covered buy Tesla.

 

[Ameliorate]

Where is the MX in this mix? And looks like Tesla is making a financial/car-for-car impact to me

In the article silly

 

[UnknownSoldier]

Today's CNBC Fast Money discussion: Tesla and Citron short

Why Tesla is short seller Andrew Left's new target

Andrew Left sounds slightly hysterical the entire call. He must realize at this point that nobody is buying the crap people like him are peddling. To their credit, the CNBC host actually laid into him and challenged him to answer the question of why people should still be short TSLA even after sustaining billions of dollars of losses.

 

[D-egg-O]

Have to really respect that guy. He called it for the short term traders. Told everyone to just stay out this week.

What's he referring to with "hourly M top"?

 

[GoTslaGo]

What's he referring to with "hourly M top"?

I believe it is this:

Bulkowski's Big M Chart Pattern

 

[Intl Professor]

I hate Merril Lynch

I don't much like the rest of Bank of America either.

 

[GoTslaGo]

Option_Sniper on Twitter

Dude (or Dudette) gets it.

 

[Intl Professor]

Great post. The article today about women at tesla was based on a meeting that happened back in March. So they article came out today in concert with GS, share price drop, etc. it's almost funny

We need a "fishy button."

 

[vgrinshpun]

Option_Sniper on Twitter

View attachment 234318

Dude (or Dudette) gets it.

And perhaps more important for short term trading:

 

[MartinAustin]

The fall appears to be continuing in the pre-market. $324

 

[aubreymcfato]

Divertissement OT:
I've been interviewed in a magazine about Tesla, and being a "Tesla fanboy".
Of course I spoke also about this forum, the source of all my Tesla knowledge:
Muskology
(it's in Italian, but Google Translate should help)

 

[myusername]

i bought this week's $320s for 7c on Monday morning... I sold them yesterday for $2 and am both jumping up and down and kicking myself... they'll trade for $5 to $7 if it opens this low... that's a 100x trade... I only got about 30x out of it.

 

[Tslynk67]

Forget the stock price. I am more concerned about TT007's well being at this point.

He's OK, he's long AFAIK