-
Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
Are you also investing in Tesla?
- Thread starter Fr23shjive
- Start date
-
- Tags
- Tesla Inc.
We've dropped from 40 for basically no reason so it's hard for me to believe the stock won't rise or fall further for basically no reason.
Of course, but the stock price is all hope based at this point. Tesla's spending in hopes of making big returns.
Why was 40 too hopeful and 33 just hopeful enough? I don't see why it won't drift back to it's previous plateau in the mid to high 20s. Nothing has really changed much since then from a hope perspective. Conversely, I don't see any reason it wouldn't go back to 40 either. There's just nothing to base any stock movement on lately.
rolosrevenge
Dr. EVS
1:36 PM Needham says the pullback in Tesla Motors (TSLA -0.7%) is somewhat surprising since the company seems to be executing on its plan. The firm says the Model-S is still on track for a mid-year delivery, and the company is likely to give bullish guidance during its earnings call in May. The firm reiterates a Buy with a $40 price target. (Read the comments on this)
I hope so. Maybe my $26 limit order will execute.
I think the closer we get to the Model S roll-out without snafus, the higher the hope will rise. The earnings on selling 20,000 per year, at present capitalization, would suggest a base level price for the stock, with the market going above or below that depending on opinions as to whether or not the company can keep going and expand to the Model X and beyond.
Uncertainty never disappears. Questions will remain about whether they can keep up production, whether the profit margin is high enough to maintain operation, and whether the car will continue to sell once the true-believers have all bought one.
But the uncertainty will certainly drop significantly once the Model S starts to reach owners and starts to build a reliability history. I think that happened when the Roadster finally hit the streets. The S will do the same and when the X goes into production that will take uncertainty to another low. At each step there is less and less uncertainty about Tesla's ability to deliver and grow. By the time Bluestar reaches full production and is selling at planned rates (assuming this is the case) most people will take Tesla seriously as a company.
But the uncertainty will certainly drop significantly once the Model S starts to reach owners and starts to build a reliability history. I think that happened when the Roadster finally hit the streets. The S will do the same and when the X goes into production that will take uncertainty to another low. At each step there is less and less uncertainty about Tesla's ability to deliver and grow. By the time Bluestar reaches full production and is selling at planned rates (assuming this is the case) most people will take Tesla seriously as a company.
