So many of the people commenting here think TSLA can do no wrong, completely ignoring any sound arguments the other side may have. You are blinded by Elon... who will laugh his #$%$ off while you bag holders watch the stock go to $50.
Yes there is some truth to this. There are many who invest in this company because they support any serious move to alternate energy. I guess you might characterize that support somewhat like a cult.
But there are as many Tesla detractors who believe in the slogan "drill baby drill" and abhor anything green. They too are like a cult. And many of them are clearly routing for this company to fail and it's not solely for investment reasons. They harbor a deep rooted animosity for any changes to our carbon based industries.
" many of them are clearly routing for this company to fail"
It's not clear who in "Big oil" is rooting for TSLA to fail. tesla doesn't magically run on nothing: you still need electricity. And where is that electricity coming from?
The big threat to "carbon-based industries" isn't tesla. It's the viability of a grid that runs purely on alternative energy and the viability of a military that can use alternative energy for their vehicles.
The natural gas and coal guys don't care if tesla wins and NG cars fail, so long as the grid still uses natural gas and coal energy plants. And the oil and gasoline guys don't care if they lose the entire US consumer market so long as the military still uses tanks and planes fueled by oil and gasoline and other crude byproducts.
Tesla isn't really moving the bar on fronts that would matter to those industries, so unless they are in it for the lulz it's not clear why they would want tesla to fail or succeed
You are one cynical and a bitter person, who I suspect have more resentment than friends. OR you're just one very cunning and manipulative short who would devise any argument to cast doubts and fear to achieve your end. But you're too late, because, Model S is a success. I think this car will sell more in coming years not only as an Electric Car but also as a luxury car competing with best luxury car in the world.
Sentiment: Strong Buy
I hear space X in collaboration w Tesla and NASA are putting together a low cost electric space vehicle. This will revolutionize interplanetary commutes to a place TSLA lemmings cant return from.
Meanwhile so called "Green EVs" are helping fund coal burning electric plants simply moving the carbon foot print at the expense of tax payers. NOT GREEN ..total Al Gore hoax and $ grab
Sentiment: Strong Sell
Can the stock retreat? Of course it can. But frankly, I don't see if going down 20 or 30 pts in one day unless there is significantly negative news.
Fact: The last qtr was a profitable one, albeit with the tax credits from CA
Fact: The energy loans were paid off early (which bodes well for the financial state of the company)
Fact: This stock has been fairly stable in the face of triple-digit swings on the Dow
Fact: Individual investors do little to make a market or move the stock price - that means hedge funds, mutual funds, and institutional investors are buying.
Sometimes, a speculative play in the stock market pays off
It will go down to 50 soon or later. musk has problem to sell Tesla car. I went to one of Tsla car show room and saw sale persons tried to impress the cars with people but they looked at the car and walked away. THERE WERE NO SALE.
I got 3 bucks last week and 3 bucks this week writing puts. Hope to get 3 bucks writing puts next week and already got 5 bucks writing 120 calls. All in all well over 14 bucks for a $95 investment. Thanks longs and for the shorts and longs creating the volatility.
Have you ever started a company? I doubt it because there are always growing pains. Now that I think about why do you care what I do with my money. Because you shorted this stock you want me to sell my shares. Are you kidding? I believe in the future of the electric car and for that reason I'm staying the course. I'm trying to decide if I'm going to get rid of a car to use as a down payment for the Model S.