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TSLA Market Action: 2018 Investor Roundtable

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Goldman Sachs cuts Tesla price target, predicts Model 3 disappointments and capital raise
Seems like no one cares about the downgrade as SP is still going up.
I have seen a lot of abuse over the years but this is unbelievable. It’s an attempt to set the price of the stock and not predict the price. Sustainable rate of 1400 cars? No reasons given for what he claims is model 3 disappointment. Only sold in USA without major options like AWD, air suspension, performance models, lower range model available and they are already over 2000 a week. What bs
 
Short borrow rate is presently 9.96% on IB rebate rate 8.27%. Its getting stormy over in shortsville. :cool:

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;)
 
Short borrow rate is presently 9.96% on IB rebate rate 8.27%. Its getting stormy over in shortsville. :cool:

Thanks for reporting this, Tenable. To reciprocate, the rebate rate at Fidelity went from 1.75% yesterday to 2.25% today.

As we have experienced in the past, Fidelity often lags IB, but over time they pay more or less the same on borrowed shares. That said, I can't help being a little disappointed in seeing IB's rebate rate at 8.27% and Fidelity's at 2.25%.
 
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Goldman Sachs cuts Tesla price target, predicts Model 3 disappointments and capital raise
Seems like no one cares about the downgrade as SP is still going up.
How is he still working there?

Eventually Tesla may and probably should raise capital to bring out the Model Y, Roadster, Semi-Truck, Pickup Truck, etc. It takes a lot of capital to get to the level of the established automakers, and a newcomer understandably must keep raising it. It's a necessary investment, not cash burn.

However, Elon says that a capital raise will not be necessary in 2018, and there is no reason not to believe him. Of course Goldman Sachs would likely again be an underwriter of any future capital raise, and it would be of benefit to them and their clients if the Tesla share price were as low as possible at that time. Goldman analyst Tamberrino would be aware of this even if a "Chinese Wall" is supposedly in place at his firm. Coming out with his note today would likely have been to neutralize the perceived positives for Tesla shares from Xi's speech regarding car tariffs. Behaving as Tamberrino does keeps top GS management happy, and allows him to keep his high paying job despite his exceptionally low TipRank as an analyst: https://www.tipranks.com/analysts/david-tamberrino
 
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Thanks for reporting this, Tenable. To reciprocate, the rebate rate at Fidelity went from 1.75% yesterday to 2.25% today.

As we have experienced in the past, Fidelity often lags IB, but over time they pay more or less the same on borrowed shares. That said, I can't help being a little disappointed in seeing IB's rebate rate at 8.27% and Fidelity's at 2.25%.

FWIW, Schwab increased its rebate rate from 2% to 4.5% overnight.
 
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