FredTMC
Model S VIN #4925
Well, there is very compelling evidence
Classic! Who is the complete idiot?! ROFL... Thanks I needed this...
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Well, there is very compelling evidence
Not much really, 200 shares traded high:Up nearly 10% AH what's going on???
Up nearly 10% AH what's going on???
= 24,900 produced.
What am I missing? Was there a shutdown or anything?
Thanks, so unfortunately we closed below that secondary which I thought was going to be a floor, at least for a while.
Interesting. Website delivery lead times in U.S. is August for MX. It'll be interesting to see when this slips to September.
Um, waiting for their cars? 90%+ of the X deliveries so far have been US P90D and 90D. US 75D, 5 seat configs, non-SAS configs and almost all non-US orders are still awaiting delivery.Where are those 35K backlog?
If we are wrong it'll likely be rough. With most companies they can miss and with positive forward guidance make up for some of the damage. Tesla doesn't have great credibility in some circles, it may be hard to say anything that will help in the short term.
Tesla confirmed 2k, though
Electrek said:Now we learn that Tesla recently achieved for the first time a production rate of 2,000 vehicles per week for an annualized rate of 104,000 cars[...] The company confirmed the news yesterday at its ‘Tesla Weekend Social’ events.
Later in that Electrek article: "Additionally about the production rate, a reliable source with knowledge of the matter says that Tesla actually surpassed the 2,000 vehicles mark a few weeks ago. The source talked about hitting “well over” the 2,000 vehicles mark in a regular production week."I know that a Tesla employee supposedly stated this in the Fremont Weekend Social presentation, but has Tesla separately confirmed this in any other medium? Here is the quote from Electrek, which to me, sounds like it is coming from the report that we saw here from a forum member that attended the event. Perhaps if I summon @FredLambert I will have my answer.
Whoa! Why do you believe cash flow positive in Q2 is happening? Does anyone else believe that? I hope that's correct!I think this set up is fantastic for Q2. This gives long a great opportunity to accumulate before the following:
- # of cars delivered in Q2 (reported before 7/5)
- Cash flow positive in Q2 (either reported during ER or at the same time as # of cars delivered)
- Model X NIHTSA safety results
Later in that Electrek article: "Additionally about the production rate, a reliable source with knowledge of the matter says that Tesla actually surpassed the 2,000 vehicles mark a few weeks ago. The source talked about hitting “well over” the 2,000 vehicles mark in a regular production week."
So there isn't official confirmation here, but definitely some noise. Also, my understanding of the Tesla Weekend Social powerpoint with the 2k/week number is that it came from Tesla at an event hosted by Tesla. Not a press release or an Elon tweet, but it seems like decent authority to me.
What I've learned is that positive news almost never helps, whereas negative news kills SP
Forewarning, unsolicited preaching:
Seeing a lot of emotional posts. If you are having an emotional reaction to this drop, it may be wise to reconsider your investment strategy. A longer time horizon with less leverage will likely serve you better.
Agreed.
Despite my best efforts over the years, there seems to be a false perception that TSLA is an easy "get rich quick" stock, and nothing could be further from the truth. Companies like Tesla may eventually make it big, but it's a slow process with many bumps along the way.
For most people, short-term trading is a losing bet. The big players have lighting-fast Algobots and more computing power at their disposal than average Joe/Jane will ever have. Most options expire worthless. It's just best to stay away from short-term trades and options.
Short-term TSLA options have not been particularly kind to me. However to clarify, mid-term to longer term options in TSLA can be quite profitable. Looking at the past few months, one could argue that if you are familiar with the trading range of TSLA and are disciplined with your entry and exit points that its difficult not to make money on TSLA at a leveraged rate relative to common stock.