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In this article from today it says a 7 cent loss is expected and a 43 cent loss for the fiscal year. I don't get it. Is it just because they can't make their numbers work with Elon's statement about being profitable or don't they believe him?
Forbes Earnings Preview: Tesla Motors Inc - Forbes
30 minutes before closing, Elon posted 2 Tweets:
1) Chris Porritt from Aston Martin just joined as head of vehicle engineering at Tesla
2) Anyone interested in doing ultra hardcore vehicle engineering at Tesla, please apply!
I think that this is responsible, in part, for the last 30 minutes run up!! Good work Elon ... the shorts are panicking !!
What a nice day ($$) !!!
This is the once in a lifetime stock for which trading range players regularly experience regrets, while long term investors quietly maintain huge smiles. Of course the shorts with their 20th century mindsets just keep getting pounded further into the ground. For those poor souls it’s time to wave the white flag or face annihilation.
This is the once in a lifetime stock for which trading range players regularly experience regrets, while long term investors quietly maintain huge smiles. Of course the shorts with their 20th century mindsets just keep getting pounded further into the ground. For those poor souls it’s time to wave the white flag or face annihilation.
I heard the news on the weekend but didn't realize this guy was that big of a deal. I'm really glad I didn't sell my calls today that i was thinking of selling.Aston Martin's chief engineer wouldn't jump unless he thought the move eventually would greatly enhance his career and reputation. He certainly wouldn't hop over to a company facing failure. I suspect that during discussions of possible employment he was given advance notice of what would be in the upcoming earnings announcement. Don't be surprised if before he retires, Tesla Motors becomes the world's largest automobile manufacturer.
Wall St is expecting a loss? Even after Elon has publicly stated they made a profit?
Is there some financial wizardry that allows that? I'm not being facetious with that question since I know there's GAAP profitable and then non-GAAP profitable, but I thought Elon had stated Tesla would be profitable by both measures. Is there some other measure that makes the Wall St expected loss somehow jive with Elon's statements?
Probably a consensus number based on the average of analyst's financial models. After Tesla beats, two days from now, it gives them (the analysts) a reason to upgrade. Their investment arms will all benefit, I'm sure they have accumulated quite a bit over the past few weeks.
Aston Martin's chief engineer wouldn't jump unless he thought the move eventually would greatly enhance his career and reputation. He certainly wouldn't hop over to a company facing failure. I suspect that during discussions of possible employment he was given advance notice of what would be in the upcoming earnings announcement. Don't be surprised if before he retires, Tesla Motors becomes the world's largest automobile manufacturer.
This is the once in a lifetime stock for which trading range players regularly experience regrets, while long term investors quietly maintain huge smiles. Of course the shorts with their 20th century mindsets just keep getting pounded further into the ground. For those poor souls it’s time to wave the white flag or face annihilation.
Aston Martin's chief engineer wouldn't jump unless he thought the move eventually would greatly enhance his career and reputation. He certainly wouldn't hop over to a company facing failure. I suspect that during discussions of possible employment he was given advance notice of what would be in the upcoming earnings announcement.
Don't be surprised if before he retires, Tesla Motors becomes the world's largest automobile manufacturer.
Very good points, especially if they threw him a bucket of options.
Might want to temper that expectation a bit... :wink:
As I've written earlier, TSLA is my ingle largest position, and with this staggering last several days my overall portfolio is way overweighted with this one stock. If all my other investments could keep up, that would be great....but I hate being this exposed to one position. Ouch.
My broker tried (unsuccessfully) to talk me out of buying some more TSLA last week...
+100 Well saidMany of us have this same *problem*. Yet logically, TSLA success doesn't negatively impact the rest of my portfolio. That is all still where it is supposed to be. If TSLA hadn't exploded, things wouldn't be out of whack and I'd be exactly on track. So I'm choosing to ignore the current overweight and will just let it ride. It's not that I've overbought, TSLA has overachieved. And I hope it keeps doing that.
I'm with Elon, cause he's goin places!!
Many of us have this same *problem*. Yet logically, TSLA success doesn't negatively impact the rest of my portfolio. That is all still where it is supposed to be. If TSLA hadn't exploded, things wouldn't be out of whack and I'd be exactly on track. So I'm choosing to ignore the current overweight and will just let it ride. It's not that I've overbought, TSLA has overachieved. And I hope it keeps doing that.
Over $60 in after hours trading
How long will the frenzy continue???
Until the music stops, and the shorts find no chair
Thursday and Friday will really tell the story...