Short-Term TSLA Price Movements - 2015

[AlMc]

There seems to be a lot of buying action going on right now, anyone in Detroit know what's up?

Probably not me but I did buy a bunch of J23 220 calls.

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i just found this link:

http://www.cnbc.com/id/102292473#.

looks like I will be losing some $.

 

[yngwie_2012]

right now free fall: $191

 

[hockeythug]

This makes no sense at all. This infomation was out all day and the stock closed up.

 

[yngwie_2012]

$189

 

[yngwie_2012]

"The economics [of electric] do work for us. I can't speak to our quarterly results before quarterly results," but Tesla has gross margin in the "high 20s."

that should give some boost up again!

 

[Bunky]

Did he mention China in his speech just now?

I see some other pretty bullish comments, hopefully they are also digested -

"Now, I think some degree of success [at Tesla] is assured."

"Musk thinks Tesla can get to "a few million cars a year" by 2025."

 

[yngwie_2012]

no, the china part didnt come up yet since he started talkin

 

[Gerasimental]

Similarly confused here. Firstly this was known earlier today. Secondly, without a reason for the drop in sales does this really justify a 7% hit? It's a fairly small overall proportion of Tesla's sales, it's still a very young market for Tesla, and demand seems to be very strong elsewhere.

I'm more concerned about 'margins in the high 20s'. That suggests a drop from 29.57% in September despite the high proportion of P85Ds.

 

[hockeythug]

Did he mention China in his speech just now?

I see some other pretty bullish comments, hopefully they are also digested -

"Now, I think some degree of success [at Tesla] is assured."

"Musk thinks Tesla can get to "a few million cars a year" by 2025."

Not at all from the Verge liveblog of it. I think the WSJ finally picked up that part in the Bloomberg story from this morning and now CNBC is running it. The timing of this is very odd if not suspicious.

 

[yngwie_2012]

i think we are recovering upside 190$

 

[MikeC]

This seems super shady to me.

 

[pGo]

It looks like Musk talked with WSJ before his live talk.

More details here: Tesla China Sales Declined Significantly, CEO Says - WSJ

Tesla in China is a serious problem for now.

 

[drinkerofkoolaid]

I guess they missed the part where he said a few million vehicles annually by 2025?

I can say with a fair amount of confidence the comment about demand in China is BS. This would only matter if Tesla wasn't production constrained. My guess is sales might be lower than expected in China, but overall sales and gross margins beat expectations.

 

[Twiddler]

Do you need to start showing profit? "Probably when the Model 3 is in production." Musk is saying 2020, when they have half a million cars in production, is a safe point to start turning a profit.

 

[TSLAopt]

This seems super shady to me.

Yes it is more than coincidental. It should be reported to the SEC. The media has interests based on those who funds it's advertising and those who own the media company's of it should be investigated by the SEC in my opinion.

 

[Muskol]

Looks like s coordinated effort as soon as Elon was scheduled to take the stage. The China news came out earlier in the day in a Bloomberg article I believe, and now it looks like it's being spun

wtf. Shady indeed

 

[pGo]

looks like he nailed it?

"Our aspiration was to deliver 33,000 cars" last year. "We sold, in terms of cars, far more than that."

 

[The Blue Owl]

For those who don't subscribe, follow the WSJ link from this Google search, you will be able to read it.

Our sales in China are not very high,” Mr. Musk said before addressing an automotive conference in Detroit. “It started off being fairly strong. I think there was an initial wave of buyers and the demand has declined significantly in the fourth quarter of last year. In the fourth quarter of last year China was not a significant contributor to our sales.

 

[yngwie_2012]

"sold" not delivered...but still great news

 

[Twiddler]

QUOTE OF THE NIGHT:

In response to a question about Model X delays: "I think I have an issue with punctuality."