Short-Term TSLA Price Movements - 2016

[Muaddid]

Well thats far from what we all thought...

 

[sunhelm]

Good entry point, boys and girls. As the news get digested, don't think this is a big deal. It's the word "recall" that gets the bots' trigger algo to kick in.

 

[tanner]

CNBC talking now bout it.

Ugh... CNBC is awful (especially lately).

 

[All Your Bases]

How many seconds before first FUD SA article ...

 

[v12 to 12v]

Recall of first 2700 Model X for 3rd row seat latches. Replace seat backs and latches already applied to new vehicles.
Tesla says no financial impact.

Fire Away

It looks like bots are overreacting to the word reca11.

 

[CatB]

I wonder how long it will take the market to figure out that this (X recall) is not a major financial hit on opex, nor a design flaw, but rather an indication that Tesla takes the safety of its customers FAR more seriously than any other car manufacturer and is willing to issue recalls in "an abundance of caution" rather than sweep potential problems under the rug (with full collusion or negligence on the part of the dealers) until people die and the problem has impacted millions of cars and lives.

:rant off.
Sorry, just had to vent...

 

[farzyness]

This will end up being a positive for Tesla, as it has been with previous recalls. Public will understand that this was done in the best interest of the customers, and Tesla is uniquely positioned to execute on this very quickly due to the fact that they own their entire dealer and service network.

Looking to add some shares as it consolidates.

 

[davecolene0606]

Ben Kallo says no sweat still upside.
James Albertine (Stifel) agrees with Kallo is surprised to hear no financial impact. Thinks more cowbell when X hits its sride.
John McNeal (Tesla spokes guy) said back recall born by its manufacturer and it will not slow down production.

Fire Away

 

[Fallenone]

Only 2700 cars, each 2 hours to fix, all costs on suppliers. I see opportunity here.

 

[uselesslogin]

Well the good news is while it held up some deliveries it does not seem to have slowed them down too much. In the Model X thread.

 

[tanner]

Ben Kallo says no sweat still upside.
James Albertine (Stifel) agrees with Kallo is surprised to hear no financial impact. Thinks more cowbell when X hits its sride.
John McNeal (Tesla spokes guy) said back recall born by its manufacturer and it will not slow down production.

Fire Away

Where do you get your intel?

 

[Johan]

Nice. Bought May calls on the overreaction.

 

[uselesslogin]

Where do you get your intel?

He is summarizing what was just said on CNBC.

 

[uselesslogin]

So refresh and/or Model X configurator tomorrow?

 

[davecolene0606]

CBNC actually very positive segment. Stifel guy says you couldn't give him a volt M "b" bolt or i3.... But a Tesla is it.
Said scammers....um dealers not ordering i3 inventory.

Summary, remain calm all is well

Fire Away

 

[tanner]

He is summarizing what was just said on CNBC.

Okay, thank you!

 

[tanner]

So refresh and/or Model X configurator tomorrow?

I'm praying for a refresh... And X was still supposed to be today, maybe later in the afternoon PT?

 

[jhm]

Blind Faith Price Targets

While you wait for your Model S upgrade, you can enjoy the latest Blind Faith update. My 12 month BFPT is in range of $338 and $486.

 

[ibcs]

Now that was a great 10 minutes of panic selling. Bought and sold 500 shares in 10 minutes for a $2 gain or $1000 bucks.

 

[AlMc]

I am rolling out of my leaps today. I may roll them out over the next couple days or add stock. Analysis/paralysis setting in