Short-Term TSLA Price Movements - 2013

[maekuz]

I dont know what their source is but fwiw: The May 2013 dashboard shows 2,000 Model S sold in may and 8,850 Model S sold for the year up to date.

May 2013 Dashboard - HybridCars.com

It looks like its just a rough estimate but if these numbers are somehow near the real sales figures, well...then we are in for a treat.

EDIT: They are estimates: Reuters: Sales of the Model S through May were 8,850

 

[DJ Frustration]

I don't understand why the stock would be down on this news. We're outselling our competition. If you subtract 4,900 cars delivered in 1Q from the "through May" number of 8,850 you get 3,950 cars delivered through 2/3rds of the 2nd Quarter. If they keep the same production as April and May, they would finish the quarter at 5,265 or 765 over their guidance for 2Q.

 

[ckessel]

I don't understand why the stock would be down on this news.

It's probably not. Unless TSLA moves more than 5%, it doesn't seem to be related to anything other than random volatility.

 

[Curt Renz]

I don't understand why the stock would be down on this news.

The overall market is down following a big drop in the Chinese market due to liquidity problems. American automaker stocks are not faring well, but TSLA is holding up better than the others.

Right now:

Ford Motor Co. (F -3.6%)
General Motors (GM -3.1%)
Tesla Motors (TSLA -2.0%)

 

[touda78]

how long will the liquidity problem last for ?

 

[FredTMC]

Press release just now regarding partnership with CBL malls for Superchargers.

 

[twinklejet]

Press release just now regarding partnership with CBL malls for Superchargers.

http://www.businesswire.com/news/home/20130624005349/en/Tesla-Supercharging-Stations-CBL-Malls

http://www.marketwatch.com/story/tesla-supercharging-stations-at-cbl-malls-2013-06-24

http://online.wsj.com/article/PR-CO-20130624-906676.html?mod=googlenews_wsj

http://news.investors.com/newsfeed-...esla-supercharging-stations-at-cbl-malls.aspx

 

[mitch672]

Ths is a list of the malls CBL owns, if you want to check your state: CBL : Great Shopping Places : By State

 

[twinklejet]

Ths is a list of the malls CBL owns, if you want to check your state: CBL : Great Shopping Places : By State

There appears to be an error with your link.

Alternative link: http://cblproperties.com/cbl.nsf/shopping_places_state.html

 

[mitch672]

There appears to be an error with your link.

Alternative link: http://cblproperties.com/cbl.nsf/shopping_places_state.html

Works fine for me...

 

[Curt Renz]

There appears to be an error with your link.

Alternative link: http://cblproperties.com/cbl.nsf/shopping_places_state.html

Mitch's link works fine for me. It's good to see that Superchargers will be installed at CherryVale Mall in Rockford, Illinois. CherryVale is at the intersections of several interstates and major highways. They connect Chicagoland with Iowa, Wisconsin and Minnesota, and central Wisconsin with downstate Illinois.

 

[Citizen-T]

Burlington was an excellent choice for NC. Lots of traffic between Raleigh and Greensboro/High Point. That location makes the round trip very easy in a 60 kWh by stopping for lunch in either direction (something we always do anyway).

 

[jeff_adams]

Seems like a smart move by CBL. I bet this increases their chances to land Tesla stores. Tesla has a history of being loyal to their partners (at least the ones that don't jack them around)

 

[ShortSlaver]

TSLA really asserting its place as a market leader today.

 

[Citizen-T]

I don't know about "market leader" but it is certainly giving the rest of the market the middle finger.

 

[deonb]

TSLA really asserting its place as a market leader today.

I wonder how much of it is due to the Bloomberg GOOG->TSLA takeover musings today.

 

[sleepyhead]

I wonder how much of it is due to the Bloomberg GOOG->TSLA takeover musings today.

I think it has to do with 2 things:

1. The Bloomberg article you mentioned

2. That the NY legislature will not ban Tesla Sales (can't vote on it until January at the earliest if they did vote). Tesla would have received a bump on Friday after the Swap Demo, but NY caused the stock to go down. Now it is reversing.

If Google did put in a bid to buy Tesla, they would have to offer about $140 - $150/share to begin with. This would probably cause the stock to go up to $160+ immediately. Google will not put in a bid until they are comfortable that demand is real and it is not only pent up demand; that is of course if Google would ever even want to bid on this company. Why would they want to buy Tesla, when they could license their self-driving technology to all auto manufacturers and make more money instead?

 

[avatar]

Why would they want to buy Tesla, when they could license their self-driving technology to all auto manufacturers and make more money instead?

Cars should be thought about as a computer hardware peripheral going forward. Like a network mounted disk drive, mouse or keyboard. The things that Google wants to do with cars goes far beyond just getting Android into the in-car systems. It involves automation of all transport and being the compute backend for all transport routing. This can't be done without some reference hardware (i.e. a car they own that can be used to set the standard for others). My $0.02 is that they will acquire Tesla after 4 quarters of profit and use them to establish the potential of automated transport.

 

[deonb]

Why would they want to buy Tesla, when they could license their self-driving technology to all auto manufacturers and make more money instead?

Also, another point:

1) Does Google think Tesla is beyond the point of being able to survive without Elon? (i.e. Apple without Steve Jobs, both before and now).
2) Does Google in their wildest imagination think that Elon would be happy to just become a Google VP? Where someone else can come to him and say: "Oh, just sell via dealers".

There is no benefic for anybody to outright acquire Tesla. An investment on the other hand makes a lot of sense.

 

[DaveT]

Cars should be thought about as a computer hardware peripheral going forward. Like a network mounted disk drive, mouse or keyboard. The things that Google wants to do with cars goes far beyond just getting Android into the in-car systems. It involves automation of all transport and being the compute backend for all transport routing. This can't be done without some reference hardware (i.e. a car they own that can be used to set the standard for others). My $0.02 is that they will acquire Tesla after 4 quarters of profit and use them to establish the potential of automated transport.

Tesla has just recently passed through the "long, dark night" and the upward potential in market cap rise w/Gen III upcoming is huge. Elon is a smart guy and he knows that Tesla is just getting started. I can't see him selling out right now. It's just the beginning and he knows it.

Plus it doesn't make sense if I was in Elon's shoes for Tesla to be acquired by Google. It's not like Tesla needs more cash. And I don't think being bought by Google would speed development of Gen III or future cars either. I don't see it making any sense.