TESLA is not going anywhere! They're not going fail. They're not about to just disappear. Whether its because of environmental issues or them simply filling a new segment in the automotive industry, there's simply to much demand for EVs. Shorts are going to have a lot better time if they just accept this and move on. This is essentially a brand new car company doing something completely new as well. It's going to take time for them to get developed and work out any bugs. Longs and shorts need to stop getting so caught up on reservation #s, profit margins, etc. just give it time! I would much rather wait and get the best quality out of Tesla the have them rush and cut corners. I think the question now should be how big is Tesla going to get??
Sentiment: Strong Buy
With short interest at almost 50% of the float, the shorts are in denial. Tesla is sold out for a couple of quarters, net of cancellation. The factory is running. Needs to be optimized and costs brought down. With Europe orders, deliveries picking up, Tesla could make 25-30% gross margins.
Over the medium term, Model X will start production. Model S version 2.0 could be significantly improved. Loose 500-1000 lbs by using stronger Al alloys, optimize structural design, etc. That would increase range by 15-20%. The inverter, motor could become more efficient - marginally. Battery capacity improves typically 7%/year. Add it all up and nominal range could be close to 400 miles/charge.
Looks like the deck is stacked against the shorts.
I agree. Company going away really off table. So short sellers have lost the huge windfall of company going bust. What is left is chance of small profit with a tesla disappointment or recall versus chance of HUGE loss with tesla meeting goals. They are betting large sums against a small win. This week maybe about them starting to unwind short positions
These types of people are usually on govt. assistance, live in single wide trailers, smoke 3 packs a day, drive an ol beat up chev pickup, marry their cousin, have a few pit bull dogs,while saying that the model s is for the rich. Wait, I think I just described Sack, the multi alias poster here. Ha ha
Yep. What people here fail to understand is that while the model S is expensive, it offers Value. Not everyone buys cheap garbage. The is a reason that apple went from an oddity to one of the most succesfull companies in the world today. None of their products are cheap, but they are very high quality and offer real value.