You can install our site as a web app on your iOS device by utilizing the Add to Home Screen feature in Safari. Please see this thread for more details on this.
Note: This feature may not be available in some browsers.
Over $100 drop in price per share over the past six months. $10 today alone. Seems like more than just a dip in the market. Nearly a 40% drop in 6 months.
Anyone concerned yet?
Yes, I am very, very concerned. I don't drink the Koolaid. I should have sold when I had the chance, but now I'm locked in until it goes back up in a hope to break even.
Tesla's 52 week low did not occur in a vacuum. The perception is out there that Tesla is executing poorly and Tesla has not done anything to change that perception. When you have a communications vacuum, something has to fill that space. So here we are. Who is responsible for Tesla's execution, anyone?
Yes, I am very, very concerned. I don't drink the Koolaid. I should have sold when I had the chance, but now I'm locked in until it goes back up in a hope to break even.
Tesla's 52 week low did not occur in a vacuum. The perception is out there that Tesla is executing poorly and Tesla has not done anything to change that perception. When you have a communications vacuum, something has to fill that space. So here we are. Who is responsible for Tesla's execution, anyone?
The only real worry is that we have no clue why the price action has been this way. Or, I should say I have no clue. But then again, it's pretty much expected. Short term valuation can deviate from the fundamentals quite a bit.
Tesla continues to disappoint. It originally promised 55,000 cars for 2015. Then reduced it to around 52,000, then still fell short of that with just 50,500 cars sold. The Model X being delayed and delayed and delayed and then once finally released, only delivered 208 Model X's in 2015. 3 months and only 208 cars delivered, not good. Then, the news this week that the previously promised reveal of the Model 3 will now only be a photo of PART OF THE CAR. That's a clear indication that they are nowhere near as far along as they thought they were. If they don't have a concept vehicle done yet, there's no way in hell that they're going to production on the car by 2017. For big car makers it's at least two years from concept to production. For Tesla, based on their own history, it's a minimum of three years. Understandable, being that they're a smaller company, but the Model 3 news was disappointing news again out of Tesla. I love the cars, but the company still has a ton of growing pains. We'll be lucky if the Model 3 is in production by 2019. Tesla needs do so something big to show people that it's capable of being more than a niche car company. People were previously betting that they were more than that, but with the Model X and Model 3 news, people simply have lost confidence. I certainly hope they prove all the naysayers wrong. I love this company and their product. With my money tied up in their stock as well, I certainly want to see them succeed big. But something has to change to turn the tide.
Tesla continues to disappoint. It originally promised 55,000 cars for 2015. Then reduced it to around 52,000, then still fell short of that with just 50,500 cars sold. The Model X being delayed and delayed and delayed and then once finally released, only delivered 208 Model X's in 2015. 3 months and only 208 cars delivered, not good. Then, the news this week that the previously promised reveal of the Model 3 will now only be a photo of PART OF THE CAR. That's a clear indication that they are nowhere near as far along as they thought they were. If they don't have a concept vehicle done yet, there's no way in hell that they're going to production on the car by 2017. For big car makers it's at least two years from concept to production. For Tesla, based on their own history, it's a minimum of three years. Understandable, being that they're a smaller company, but the Model 3 news was disappointing news again out of Tesla. I love the cars, but the company still has a ton of growing pains. We'll be lucky if the Model 3 is in production by 2019. Tesla needs do so something big to show people that it's capable of being more than a niche car company. People were previously betting that they were more than that, but with the Model X and Model 3 news, people simply have lost confidence. I certainly hope they prove all the naysayers wrong. I love this company and their product. With my money tied up in their stock as well, I certainly want to see them succeed big. But something has to change to turn the tide.
Seriously, people are believing this "news" of only pictures of Model 3 for this March? Wake up please.
+1. They will show an entire car. They just won't reveal all the incredible tech it will have 2 years from now. The Bolt will look like it was made in the stone age by comparison. The Model 3 will be on time. Market pressure from the Bolt and others will make sure of that, even though the Model 3 will be so superior that the competitors will look foolish.
Very much so. I've lost a lot of money just today alone......Actually, I'm losing my ass over these last few weeks.