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Another run without news. Do you think the shorts are starting to cover based upon Model X release coming soon?
Elon just tweeted:
Elon Musk on Twitter:
"Tesla Model S has highest value retention after three years "
Yes... I'd like to ask that chappie who kept tweeting and blogging about the softening of demand for Model S, like around 6 months ago... what he now thinks about demand.
TSLA is at a 9-month high at the moment... and only $26 off the all-time high.
Resistance at $266 ?
I vaguely recall someone a while back saying they would buy Tesla's entire 2020 production if they could.
fwiw, from a Forbes article last month, referring to venture capitalist and Tesla board member Steve Jurvetson,
"Jurvetson said Uber CEO Travis Kalanick told him that if Tesla cars are autonomous by 2020, Kalanick wants to buy all 500,000 that are expected to be produced."
http://www.forbes.com/sites/kathleenchaykowski/2015/05/22/five-top-vcs-predict-the-future/
Did I underestimate the power of window dressing week after a nice run up?
Well, in little over a week we'll get the q2 delivery numbers and if that goes the way we expect it to go, that should lock us above 265. Then comes the X studio, the ER and the X deliveries. This shoud be fun.Yeah, looks like resistance in the 265-266 level, in fairness this is where we *tried* to open yesterday before the FUD about Model 3 delays started going around.
Well, in little over a week we'll get the q2 delivery numbers and if that goes the way we expect it to go, that should lock us above 265. Then comes the X studio, the ER and the X deliveries. This shoud be fun.