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reports California to cut Tesla ZEV credits
Elon is in London today opening the store. He was asked the following question and gave an answer
Bloomberg thinks Tesla is overvalued, what do you think? Answer: Value will be quite a bit greater.
Naturally this FUD has been spread in multiple tweets in recent minutes my Bloomberg's perennial TSLA critic Cory Johnson: https://twitter.com/CoryTV
Naturally this FUD has been spread in multiple tweets in recent minutes my Bloomberg's perennial TSLA critic Cory Johnson: https://twitter.com/CoryTV
Sure they do. The CA Air Resources Board is discussing it today. Issue seems to be that the fast charging option (swapping) isn't really available yet to be used. Tesla wrote a letter asking not to change anything, BMW asked to water down the mandate. I hope the ARB sides with the *ahem* California company.
They better side with the home turf and for really what is right. Looks like we are begnning to see the sun with lots of positive developments since yesterday. Let's continue this momentum of positive news into ER. Man that wine last night worked wonders. Thanks to all who joined me ;-)
This is is why I'm a long term shareholder. I haven't ever sold a single share.
Curt sighting! I hate the fact that he keeps saying Tesla zev credit!! Misleading
reports California to cut Tesla ZEV credits
With tech names crushing earnings, the pop in the NASDAQ will force shorts to cover tomorrow. After Hours action is now above the HoD for today.Indeed. And Cory never tweeted today's big news about TSLA hiring AAPL's Doug Ford. In any event, he seems to have incited Bloomberg viewers to a few minutes of panic selling. That gave his short pals some time to cover before cooler heads prevailed.
Settlement Date | Short Interest | Avg Daily Share Volume | Days To Cover |
---|---|---|---|
10/15/2013 | 20,813,894 | 13,356,976 | 1.558279 |
9/30/2013 | 20,931,318 | 8,540,203 | 2.450916 |
9/13/2013 | 21,021,797 | 9,055,308 | 2.321489 |
8/30/2013 | 21,557,853 | 11,893,336 | 1.812599 |
8/15/2013 | 20,266,324 | 12,148,844 | 1.668169 |
7/31/2013 | 19,783,866 | 12,231,921 | 1.617396 |
Now Cory tweets: BREAKING: Calif. board tables cut of Tesla's ZEV credits, promises to revisit within a year
Did you see the proposal specifically cut out battery swapping as a requirement for fast charging but kept hydrogen fast refueling in place?Now Cory tweets: BREAKING: Calif. board tables cut of Tesla's ZEV credits, promises to revisit within a year
Did you see the proposal specifically cut out battery swapping as a requirement for fast charging but kept hydrogen fast refueling in place?
"Staff is proposing to remove battery exchange from qualifying under the fast refueling definition,
starting in 2015 model year.
Hydrogen fast refueling capable Type V ZEVs will still earn 9 credits each in model
years 2015 through 2017 upon placement in service"
Quote from http://www.arb.ca.gov/regact/2013/zev2013/zev2013isor.pdf
It seems rather suspicious considering no other auto manufacturers have a battery swap system and some are pushing for hydrogen fueled cars.
Did you see the proposal specifically cut out battery swapping as a requirement for fast charging but kept hydrogen fast refueling in place?
"Staff is proposing to remove battery exchange from qualifying under the fast refueling definition,
starting in 2015 model year.
Hydrogen fast refueling capable Type V ZEVs will still earn 9 credits each in model
years 2015 through 2017 upon placement in service"
Quote from http://www.arb.ca.gov/regact/2013/zev2013/zev2013isor.pdf
It seems rather suspicious considering no other auto manufacturers have a battery swap system and some are pushing for hydrogen fueled cars.
I think we should share another tonight....11pm EST? :wink:
Happy for all of us on TMC that we say a 'green day'. It seemed like we had the red cloud hanging over us for the last several days.
135KW superchargers announced in Germany with apparently faster to follow