Short-Term TSLA Price Movements - 2013

[ShortSlaver]

The big question is whether to hold Jun 13 calls until after the announcement (Friday) or to sell tomorrow or Thursday if there is further gains before the announcement... decisions decisions... If we have a nice gain tomorrow or thursday I will probably sell some and keep some...

Hard to tell but hedging a bit is usually a good idea. I feel like this announcement won't have negative effects and as someone else said here a week ago or so this might be the rare case of buying on the news.

This stock has really clawed back from that massive 24% drop - it's doing well and steadily gaining and getting traction and support. But, as options have a time factor, you might want to dump some early.

Never regret taking profits.

 

[Citizen-T]

The big question is whether to hold Jun 13 calls until after the announcement (Friday) or to sell tomorrow or Thursday if there is further gains before the announcement... decisions decisions... If we have a nice gain tomorrow or thursday I will probably sell some and keep some...

I'll probably split the difference. I'm betting we melt up in anticipation of the demo the next two days, but we sell of on Friday if nothing surprising is said during the demo. There is the chance of a surprise though (Elon is a loose cannon, and then there are things like this GM rumor that came out of nowhere) so I think I want to keep some exposure.

 

[johnnydop]

Elon just Tweeted again

"Battery pack swap works with all Tesla Model S cars, past and present, It was always there."

 

[Johan]

Man he's like a child on christma's eve.

 

[emupilot]

Elon just Tweeted again

"Battery pack swap works with all Tesla Model S cars, past and present, It was always there."

This eliminates the faint hope that EM was referring to swap of a secondary aluminum-air battery. I don't think it has ever been a burning question as to whether you could swap batteries out of a Tesla, or how long it would take. The real question which EM must answer this week is under what circumstances a battery swap would make sense for both the Tesla owner and Tesla Motors given the supercharging alternative.

 

[Darko]

Man he's like a child on christma's eve.

Actually I think we're the children, here in these forums hyperventilating with anticipation.

 

[ggies07]

Man he's like a child on christma's eve.

hahahaha.

 

[ShortSlaver]

Someone asked Elon about the GM rumor and he deleted their tweet. More food for speculation...

 

[aznt1217]

Someone asked Elon about the GM rumor and he deleted their tweet. More food for speculation...

Tesla needs to stay away from GM. They make junk and their organization as a business is horrible.

We are all children, bickering about something that isn't even certain yet lol.

 

[brianman]

Here's a tweet that Elon added at 07:57 PDT to this morning's twitter thread in response to a comment about Shai Agassi of Better Place: "Shai actually got the idea from a visit to Tesla. The idea is obvious (many things allow battery swap), but the technology is not."

This sounds a lot to me like the Boeing situation.

"Lithium ion is fine, but you have to use it the right way."

 

[Zaxxon]

Someone asked Elon about the GM rumor and he deleted their tweet. More food for speculation...

You can't delete someone else's tweet, even if it's directed at you. The asker must have deleted it.

 

[moltenfire]

FYI, my broker (TD Waterhouse in Canada) has just decreased the loan rate for TSLA to 50% (down from around 70%) as of June 20, 2013. This affects those on margin and may result in a minor increase in margin calls on Thursday.

 

[Robert.Boston]

{moderator's plea:}
Let's keep the discussion about the business angles of the Thursday announcement here: June 20th Speculation
Please use this thread to discuss short-term price movements, including those linked (or not) to the swapping announcement.

I started to try to pry out the off-topic posts, but there's no way to do so without disrupting the thread. So let's agree to be more disciplined going forward.

Thanks, Robert
{/plea}

 

[c041v]

FYI, my broker (TD Waterhouse in Canada) has just decreased the loan rate for TSLA to 50% (down from around 70%) as of June 20, 2013. This affects those on margin and may result in a minor increase in margin calls on Thursday.

Thanks for this! Just logged in (was away last few days) and I'll top up the cash just to be safe in case we do see some mid 80's action...

 

[Norse]

Thanks for this! Just logged in (was away last few days) and I'll top up the cash just to be safe in case we do see some mid 80's action...

Partly recall now!

Partial Recall | Blog | Tesla Motors

 

[Johan]

Partly recall now!

Partial Recall | Blog | Tesla Motors

Very limited and non-serious but the market will over react of course.

 

[CyberDutchie]

Very limited and non-serious but the market will over react of course.

Hmm, Market Watch quotes 800 cars involved but no mention of that in the blog. Perhaps just an estimate based on the production time interval (May 10 - June 8).

2% drop pre-market trading so far...

 

[deonb]

Hmm, Market Watch quotes 800 cars involved but no mention of that in the blog. Perhaps just an estimate based on the production time interval (May 10 - June 8)

Twitter.

https://twitter.com/elonmusk/status/347266101845049344

 

[CyberDutchie]

Below 100 pre-market now, over-reaction to the recall likely.

 

[deonb]

Below 100 pre-market now, over-reaction to the recall likely.

Exactly. Is there any way to buy options pre-market?