I still believe in my prediction: "$190. Investors see nothing to ignite stock until the summer - and summer is high risk, and investors hate risk.".
"Summer" means Model 3. Future earnings are all about that. It doesn't matter what Tesla earns this Q or next - what matters is if, when, & and how big are earnings post-Model 3. Many investors will stop at "if" and decide to wait out the risk on the sidelines. Others will get to "when" and there things get interesting for the timing of TSLA to go up during 2017.
I hope Model 3 shipments do start in 2H17. We'll be past "if" and "when"; we reach "how big" and that's when TSLA fun starts.
Right now "if" and "when" (regarding Model 3) are the questions keeping TSLA down.
Solarcity & Tesla Energy are under-the-radar side shows that'll offer upside surprise to the 2018 "how big can Tesla be?" question.
Personally I'm confident that TSLA investors will be very happy soon after the Model 3 production ramp.