Robert.Boston Reports summary of the call: Tesla Update: Model S On Track, Reservations Good, Don't Worry
Fixed that for you :smile:
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Robert.Boston Reports summary of the call: Tesla Update: Model S On Track, Reservations Good, Don't Worry
At $26, still a very good buy-in point!
I think we got two new pieces of important information today.
1. Model S may be delivered EARLY
2. Margins should be GREATER THAN 25%
Imagine that Friday never happened, these two pieces of information are worth at least 3-5% or so. So yes, $26 is still a good place to buy.
I'm looking forward to retiring in 5 years on the tax free profits from TSLA in my ROTH. Driving a Roadster 3.0 of course. :biggrin:
Glad to see I'm not the only one using tax-advantaged funds for this!I'm looking forward to retiring in 5 years on the tax free profits from TSLA in my ROTH. Driving a Roadster 3.0 of course. :biggrin:
Don't panic yet. If Elon announces a $1B deal with Toyota on the upcoming conference call, this drop will be erased in a single day. Also, I don't think the market has any idea how many reservations have been made in the 4th quarter, and we have the Model X event coming up.
No doubt, this hurts (and on my birthday too, thanks a lot). But I think the next few months still look really good.