The consensus of the Street is that Tesla will miss the 5k goal, again. Even bulls are cautioning that failing to achieve 5k doesn't matter that much after all. Probably 4-4.5k?
The consensus of TMC bulls seems a slight miss to a slight above the 5k target. To TMC bulls, 5k would be a relief, high 5k (5.5k or higher) would be definitely a surprise (other direction would be less than 4.5k).
As to the China GF, not much media activities - since the early June sharehold meeting, there has been only one report with Shanghai factory or China gigafactory in the title - by non other than our lovely Lora Kolodny on cnbc. Another one from usatoday, one short video from bloomberg, none from wsj. Considering how important of overseas expansion, I would say this is extreme low media exposure to the incoming China GF announcement. Probably all FUDed and fixating eyeballs on the phantom bankwupcy?
Mr. market is hard to predict - FUDesters and Chinos & co even make it harder. How retail investors think often does not mean much. The $389 ATH has been much like pump and dump, feuled by irrational exuberance of retail bulls. How insitutional investors think and act is the main driving force behind the SP movement in the med term. In the long run, of course, it's all about how much money a company makes - or rather we're all dead.
