Short-Term TSLA Price Movements - 2013

[Gtoffo]

Liftoff.

I can see liftoff happening if we break the resistance around 34$... we got rid of a lot of weak longs this morning.

I doubled down on my lottery tickets when we were around 181 just in case....

- - - Updated - - -

p.s. the market must continue to collaborate though.....otherwise no chance.

 

[aznt1217]

Really flat movement. I would think people are going into SCTY because I am seriously kicking myself.

 

[Convert2013]

I dunno perhaps Tesla should now at least formally announce the ER date like Solar City did today...

 

[surfside]

i think it can be worthwhile reading the doom and gloom articles out there both to see what naysayers are saying (e.g. why do they think TSLA is overvalued, and what do i think about their arguments), as well as to generally keep a sanity check

i found this forbes article to be pretty balanced, and an interesting perspective regarding TSLA's price movement and ways to think about the potential for the "bubble bursting". personally i think there would need to be some material negative news with long term outlook type implications to incite "bubble bursting" stock behavior. for instance, i think the tesla fire had bubble bursting potential (i responded accordingly by closing my shorter term option plays -- until the necessary details were available to judge that this was not a systemic problem that could have macro impacts).

anyways, figured i would post about the forbes article, as i think it is something we all should be cognizant of, even if we disagree that the bubble will be bursting anytime soon

surfside

 

[ibcs]

Thanks for the article. I think it's spot on about drawing a box around your goals knowing that once we see a decline you have the mindset to get out. That saying, we've seen Tesla do great things and 3Q is just around the corner, so I'm holding for the outcome before shedding my shares and anticipate holding much, much longer.

 

[Mario Kadastik]

Decided that this pullback is unreasonable and decided to start aggregating more options. Bought a December 190, March 200 and Jan (2015) 190. If there's further downturn, then I'll buy some more Closed out of my weekly 185's with about 25% loss, oh well should have been smarter and not tried to catch it. Best part is that if I had just held my pre-market order for $2.37 for all contracts, then that was the daily high and I'd have exited at 0 loss

 

[arashlzy]

Tsla is trading on momentum. Momentum comes/goes with news. Upgrades, Elon Tweets, earnings reports...... it will fly...Downgrades, car fires, etc, it slides down. Days like today, which have been occuring a lot recently, we are mostly flat.

 

[Gtoffo]

i think it can be worthwhile reading the doom and gloom articles out there both to see what naysayers are saying (e.g. why do they think TSLA is overvalued, and what do i think about their arguments), as well as to generally keep a sanity check

i found this forbes article to be pretty balanced, and an interesting perspective regarding TSLA's price movement and ways to think about the potential for the "bubble bursting". personally i think there would need to be some material negative news with long term outlook type implications to incite "bubble bursting" stock behavior. for instance, i think the tesla fire had bubble bursting potential (i responded accordingly by closing my shorter term option plays -- until the necessary details were available to judge that this was not a systemic problem that could have macro impacts).

anyways, figured i would post about the forbes article, as i think it is something we all should be cognizant of, even if we disagree that the bubble will be bursting anytime soon

surfside

I always read negative articles, if I can't justify their objections then it's time to sell.

In this case I really wouldn't consider the article balanced at all.
The author places a huge scary graph in there which just looks absurd and totally out of touch with reality. Except it isn't. The graph starts in mid-2010, when Tesla was on the brink of failure and producing tens of expensive "prototypes", and goes all the way up to now, when Tesla has convinced most people it's here for the long run and sells tens of thousands units of the best car in its class.

Of course the stock jumped up like that in the span of 1 year, because, until 12 months ago, it was just POTENTIAL, today Tesla is REAL. If you think Tesla will stop at 20.000 units a year of model S then the current price is crazy. If you think in 5 years it will be selling multiple models for hundreds of thousands of units, and that in 10 it will be one of the biggest players in the auto industry, then 180$ is just the beginning of a LOOONG hockey stick chart.

The article is unbalanced, and totally lacks vision. Only a short-sighted person would call Apple a "bubble stock" when it is clearly undervalued right now. I've owned that stock since 2001 and I've heard many of the same short sighted comments made about that company for years.

Of course sometimes those stocks will fall. Cars will burn, batteries will die, factories won't work. But that is normal for a company pushing the envelope through talent and innovation.

End of rant.

 

[redharel]

thursday is usually option seller day as they milking the theta.
call and put is dead red!

 

[smorgasbord]

i found this forbes article to be pretty balanced, and an interesting perspective regarding TSLA's price movement and ways to think about the potential for the "bubble bursting".

It's not balanced, as it doesn't acknowledge Tesla's technology disruption. The chart is also misleading. The vertical axis shouldn't be linear, it should be logarithmic:

What you see is that in percentage terms, Tesla is actually slowing down. A $10 move in 2010 was about half its value - today that $10 is just over 5% of is value. Dealing in raw dollars is just wrong. BRK.A's stock was up almost $500 today, which is just a bit over 0.25%.

 

[surfside]

i would definitely agree that the charts in that article are misleading (not the right way to think about tesla). i guess given the article's title i was expecting more tesla bashing, and that definitely wasn't the gist of the article. i think the writer legitimately is trying to drive folks to think about a strategy with regard to holding a high flyer like tesla, which is more than you can say about most tesla articles these days.

surfside

 

[Lump]

Tesla Motors(TSLA), Inc. announced today that it will post its financial results for the third quarter ended September 30, 2013, after market close onTuesday, November 5, 2013. At that time, Tesla will issue a brief advisory release via Marketwire containing a link to the third quarter 2013 Shareholder Letter, available on the company website. Tesla management will hold a live question & answer webcast at 2:30pm Pacific Standard Time (5:30pm Eastern Standard Time) to discuss the Company's financial and business results and outlook.


What: Tesla Motors, Inc.(TSLA)Third Quarter 2013 Financial Results Q&A Webcast
When: Tuesday, November 5, 2013
Time: 2:30pm Pacific Standard Time / 5:30pm Eastern Standard Time
Shareholder Letter: Tesla - Investors Overview
Webcast: Tesla - Investors Overview (live and replay)

 

[arashlzy]

Tesla Motors(TSLA), Inc. announced today that it will post its financial results for the third quarter ended September 30, 2013, after market close onTuesday, November 5, 2013. At that time, Tesla will issue a brief advisory release via Marketwire containing a link to the third quarter 2013 Shareholder Letter, available on the company website. Tesla management will hold a live question & answer webcast at 2:30pm Pacific Standard Time (5:30pm Eastern Standard Time) to discuss the Company's financial and business results and outlook.


What: Tesla Motors, Inc.(TSLA)Third Quarter 2013 Financial Results Q&A Webcast
When: Tuesday, November 5, 2013
Time: 2:30pm Pacific Standard Time / 5:30pm Eastern Standard Time
Shareholder Letter: Tesla - Investors Overview
Webcast: Tesla - Investors Overview (live and replay)

Lets see if this news will boost us up like SCTY did!

 

[DaveT]

Electric Vehicle News: Tesla Model S Sold Out Till Next Year [VIDEO]

Strange, it appears they removed the article.

 

[kenliles]

Tues Nov 5- Earnings Report
Tesla Motors Announces Date for Third Quarter 2013 Financial Results - Yahoo Finance

 

[Robert.Boston]

Moderator's note:
A noteworthy new discussion has been moved here: Plea for Moderation in Investing and Posting
Some posts about options trading are now here: Advanced TSLA Options Trading
And posts about trading tools were moved here: Brokerages Trading Tools

Let's try to avoid making this thread the "chat about TSLA" thread ... it's already way too long. There's a new thread, Short Term Social Chat, for more chit-chat exchanges.

 

[Chickenlittle]

Tesla site down. In past I can remember that done for major issues such as lease price increase etc. maybe maintenance but question if it's not

 

[Chickenlittle]

back on line. quick look and it appears to me that the change is in the supercharger section. higher rate indicated. map of future supercharger locations is gone? question whether this represents change? i thought it one of the best graphics on the site. perhaps they are changing the schedule of installations?? i also do not remember etiquette of the superchargers represented on the site before.

 

[TSLAopt]

I just saw on a twitter search someone mentioning a new Morgan Stanley report on TSLA, anyone here have access to MS research care to summarize it for us?

 

[Tasmanian Devil]

back on line. quick look and it appears to me that the change is in the supercharger section. higher rate indicated. map of future supercharger locations is gone? question whether this represents change? i thought it one of the best graphics on the site. perhaps they are changing the schedule of installations?? i also do not remember etiquette of the superchargers represented on the site before.

Elon Musk is at the Munich Tesla Store Monday evening 19-21 german time (21:00 is about one hour before american markets close). I got an invitation for that event but cant go there. One reason I can think of is that he will announce the placement of the supercharger stations in Germany. Perhaps that is why they change the supercharger section ? And perhaps we will get a little push in the stock price on monday from that.