racer26
Active Member
Maybe the market realized that this Obamacare replacement is a big problem?And yet futures just bounced. Confused
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Maybe the market realized that this Obamacare replacement is a big problem?And yet futures just bounced. Confused
My read is no vote tomorrow and they put it off till next week.
If they put it to a vote and it fails that is when we need to see a 5% market reaction.
Just one man's opinion.
I think Trump's attention span runs about 2 minutes on major issues, and on signature campaign promises can be extended to 2 days, now reached. And he wants a vote to move on to the next one, whatever that is.
So I'm guessing there will be a vote, will fail, but market won't drop the full 5%.
If I'm wrong, I'll provide the beer for your DaveT $400 SP Halloween party!
What I was trying to say is that by Q4 2017, when people try to gauge the PPS target going forward, they will base it on the TE battery margin and forward looking M3 volume, and look past the low/negative M3 margin in Q3 due to low volume early production.At the long term, I agree battery cost is key to margin. But at early ramp up, fix cost shared by low volume and production inefficiency can heavily suppress margins.
If they can do the SA deal at $250/kwh I would say the volume could be high enough now for decent margins@Waiting4M3 GF isn't ramped up yet and won't be for a while more, we won't get a solid read on battery margins until that's done.
Ken,
Your on!
I can't speak for Dave but as I age my beer consumption ability tends to drop. So, it may be a cheap pay off
And yet futures just bounced. Confused
Reduced uncertainty.
If the same observation is applied to the weekly chart, it would gives us a price target of $291 and an all-time-high! But that's perhaps getting ahead of thingsIn my experience price tends to get drawn to either the Upper/Lower Bollinger Band, or the centre line, so I'd look for it to move up and touch the Upper Band
Elon tweets:
Am noticing that many people think Model 3 is the "next version" of a Tesla, like iPhone 2 vs 3. This is not true.
Model 3 is just a smaller, more affordable version of Model S w less range & power & fewer features. Model S has more advanced technology.
Model 3 was going to be called Model E, for obvious dumb humor reasons, but Ford sued to block it, so now it is S3X. Totally different
Video here: Elon Musk on TwitterMore Elon tweets (I can't keep up, check twitter):
@asimo3089 How about the video we just took of the first Model 3 release candidate drive?