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Short-Term TSLA Price Movements - 2015

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In fact amazing to see these two articles flowing through the different news channels (even internationally) simply by copy and paste without almost no revision / fact checking.

That's modern online journalism for you. Everyone's itching to cash in on news for clicks and traffic at the expense of factual integrity. Investors need to do their own due diligence and challenge / fact-check everything they read before making making investment decisions on such "news". Most do not, and unfortunately it's how a lot of first-time investors lose their investments.
 
Could Thursday's intrady low of $236.12 be the area of a double bottom today?

I do not see any additional bad news out today.
- Lots of duplicates of article about $4k losses per Model S produced.
Great fun to read as there are just too many flaws in it;)
- Lots of duplicates of article about hacking.
Will not really do a lot of harm as the hackers worked together with Tesla, already helped Tesla to fix the code and at least one of em is now working for Tesla.

In fact amazing to see these two articles flowing through the different news channes (even internationally) simply by copy and paste without almost no revision / fact checking.

If so it would be the first time I've bought perfectly on the bottom. I spent my last cash loading up on SEP calls...which are now cheaper than what I paid despite the little price jump to $238. Seems like we're set for a run of good news now...:wink:

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http://www.bloomberg.com/news/videos/2015-08-10/hacking-into-a-tesla

http://www.bloomberg.com/news/artic...usk-takes-tesla-to-500-000-cars-in-five-years
 
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Slow and steady march upwards on average volume.

It's always tough when you see short term weakness and put in a limit buy order for a little lower, and then you find yourself rooting for it to go down. My particular limit is $231. Not sure I'm going to see it, and may have to move the goal posts here in a few days. Can we get a flash-crash down to $230, just for 5 minutes? :biggrin:
 
Yes actually - when people are willing to hack for free and when your likely spending several million on internal software engineers already. Once again.....why fix something that isn't broken? Seems like $9000K per hack that doesn't need to be spent.

To provide sufficient value to crackers so that they don't look for a 'customer' for their exploits. Tesla wants to be their best-paying customer.
 
Who is Elon talking about here?

They build a small component of the motor. The rest of the motor is built at Tesla and then assembled into the drive unit.

https://twitter.com/elonmusk/status/630775770101776385

Looks like he was responding to someone but sent it out as a normal message instead of replying to the question. Appears it is related to this though:

https://twitter.com/bi11k/status/630768512789835776

Much to do about nothing.
 
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Here's everything we know about Tesla's grid battery business - Fortune

For the larger Powerpack product, Tesla is commonly selling tens of battery packs, while for the Powerwall, Tesla is selling a single battery or maybe a couple of batteries. But Tesla’s largest order so far for its Powerpack is for 250 of its 100 kWh Powerpacks. That’s huge.

Tesla VP of Service Takes Leave of Absence as Model X Sales Near - Bloomberg Business

In March, Guillen was reassigned from being vice president of global sales and service to a role focused on customer satisfaction. Guillen, who has a Ph.D. in mechanical engineering from the University of Michigan and previously worked at Daimler AG, was promoted to vice president of worldwide sales and service in April 2013 after helping to introduce the Model S.
Tesla’s board also determined that Doug Field, a former Apple executive who is vice president of engineering, is now an officer under Section 16.
 
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BTW some rumour about Model X official release after first Founders deliveries will take place in September at IAA in Frankfurt in Germany (link).
While I do know that this is not the traditional Tesla-way to introduce new tech, this could have a tremendous press echo.

Looked at the AutoBild Website and in an article published today they say just the opposite:

Noch im September wird Tesla die ersten Model X ausliefern. Eine Premiere auf der IAA 2015 (17. bis 27. September) scheint unwahrscheinlich, da Tesla eine Premiere fern jeder Messe bevorzugt.

Translation: A reveal at IAA 2015 seems unlikely, as Tesla prefers a reveal away from any motor show.

Wonder where the belgian site you quoted got that info from...
 
Hm, this is getting interesting: searching for "IAA 2015 Tesla" here gives the following headline:

Tesla hat den Start seines Elektro-SUVs Model X oft verschoben. Nun ist es endlich soweit. Auf der IAA 2015 wird der Stromer offiziell vorgestellt.


"At IAA 2015 the EV will finally be revealed."


And searching it on google gives the same but says it is 3 days old, so maybe it was changed which would also explain the other site´s info...

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O.k., got more info, starting a thread in the X section.
 
Article about $4k losses per vehicle:
Yes, losses per car is obviously the wrong metric here, no need for any discussion.
Amazing to see how many news outlets actually copying parts or even the entire article.
Even in German speaking press in Germay!

Indeed that is ridiculous FUD about imagined losses on each new car sold. In reality, Tesla enjoys a hefty profit margin on each new car sold. The authors disingenuously count development expenses for future car models, energy storage systems and the battery Gigafactory. They make it appear that each additional car sold further reduces profits. Pure nonsense.

The fact that the misleading article was written by Detroit based reporters is not inconsequential. Their abilities to gather information on the auto industry are highly dependent on keeping lines of communication open by pleasing Detroit auto executives. Pleasing California based Tesla Motors is of little or no concern to them. Meanwhile, Detroit automakers advertise heavily in the media that rely on Reuters articles. Tesla Motors advertises nowhere.
 
Definitely the $4k loss per vehicle article is making the rounds in the media echo chamber. That's the power of Reuters and outsourced reporting, where media outlets don't bother to do their own work, they just crib off someone else's crap.

Tesla can make this all go away with a few pieces of good news.
 
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