You can install our site as a web app on your iOS device by utilizing the Add to Home Screen feature in Safari. Please see this thread for more details on this.
Note: This feature may not be available in some browsers.
Do you know how did they order 1000 model 3s when it's limited to 2 per person?Mind you, fleet sales of Model 3 are already taking place.
E.g. this Dutch consortium ordered 1,000 Model 3 and is leasing them out individually.
As we speak there are 184 cars left.
TeslaModel3Lease | TeslaModel3Lease
I expect the current run will creep up to a new ATH and overshoot it maybe to the early $300s, $330 tops before everyone agrees its overbought on hype. Could easily be a textbook sell in May and go away. So yes.
Then the main short-squeeze run of the year will follow IMO - from July with epic progress on fundamentals as the underpinning. That's the one I'm interested in.
Hardly a fleet, but in the Amsterdam ordering queue two persons together ordered a total of seven cars. The two car limit was per creditcard.Are any of you guys trying to buy fleets of the model 3? Like reserving in other names.
This is Andrew Left explaining how "all the great shorts were run over in the beginning".
That's the spirit, Andrew. Keep on keepin' on!
I love it when pundits claim, 'questions remain regarding (insert topic here).....'.It could also indicate the X reservation to conversion rate is not that high. The ramp is fine, that's the good news.
Are any of you guys trying to buy fleets of the model 3? Like reserving in other names.
Although Tesla Motors' management didn't confirm this when I asked them (her) in person, they must have struck a deal. In the meanwhile jumping the consumers' queue as well.Do you know how did they order 1000 model 3s when it's limited to 2 per person?
This may in fact be a short squeeze that is occurring which I define as some amount of net shorts closing out positions to help drive the stock price up
MarkIt is VERY OFTEN WRONG, particularly in unusual trading scenarios...their proprietary algos they use to give their best 'estimates' of short interest are only somewhat reliable when the stocks trading conditions are relatively normal. Look at the volume the past few days, is that normal????
The only true data point we have is the NASDAQ short interest publication which comes out every two weeks and is backwards looking. Also people often misunderstand the correct date to reference by 3 business days because it goes off of a snapshot on 'settlement date' which really is a snapshot of 3 business days prior since it takes 3 business days for US stocks to settle.
If i remember correct, SBenson had been claiming that MarkIt was stating record high short interest around March 10th as well a few days after we broke 200...this was the last true short interest data point given from the last NASDAQ publication which was disseminated on March 24th reflecting settlement of March 15th which was really for end of trading Thursday March 10th (3 business days prior to March 15th).
Please see my latest post in the short interest thread for more detail on why MarkIt is often wrong and keep the more detailed/technical discussion on short interest in that thread if possible.
Of course that could be someone with an actual position they are writing covered calls against. They are hoping they will expire worthless but otherwise will happily take the effective sale price of $262.20 for their stock position.Someone sold 693 $260 calls expiring Friday for $2.20 each. Netting $152,460. Once Tesla shares hit $262.20, he/she has lost the $152,460. Every $1.00 Tesla goes over $262.20, options writer is out of pocket $69,300.
I'm sure this has been discussed here already, but here goes anyway...
Options Investor Bets Tesla Rally Is Losing Its Charge
Someone sold 693 $260 calls expiring Friday for $2.20 each. Netting $152,460. Once Tesla shares hit $262.20, he/she has lost the $152,460. Every $1.00 Tesla goes over $262.20, options writer is out of pocket $69,300.
Welcome to the House of Pain!
Anyone here want to fess up to buying up those 693 contracts
RT
I'm sure this has been discussed here already, but here goes anyway...
Options Investor Bets Tesla Rally Is Losing Its Charge
Someone sold 693 $260 calls expiring Friday for $2.20 each. Netting $152,460. Once Tesla shares hit $262.20, he/she has lost the $152,460. Every $1.00 Tesla goes over $262.20, options writer is out of pocket $69,300.
Welcome to the House of Pain!
Anyone here want to fess up to buying up those 693 contracts
RT
I agree the Model X and S will be unlikely to fund the Model 3 so more capital will be necessary especially with the need for more capacity to accelerate the Model 3 ramp.
One thought I had was to allow current the reservation holders to start to pre-pay their car. Any prepayments before Sept 2017 would get you 2% of the prepayment towards Model 3 options. Fully refundable but you would loose your reservation if you withdrawal the pre-payment. A full $35K pre-payment would net you $750 discount on the options for the car. Of course you could do less and contribute monthly.
Given the less wealthy and younger people wanting to buy a model 3 I think many would like do this.
Even 10% overall pre-payment on current reservations would net over $1B. Probably cheaper than going to Wall Street and no dilution of the stock.