Doesn't look good. They will go under in three more quarters losing money and a billion plus in debt! No chance to last beyond this point even if oil goes up!
Sentiment: Strong Sell
With the oil export ban lifted causing WTI=BRENT the refiners that shipped overseas are now not able to so they are flooding the US market with gas. Don't look for any recovery in CVRR dividends.
He bought 200k shares at $30 back in February too. Maybe we'll see him buy another 200k shares at $10 someday.
How are they going to build 50K cars a quarter for the model 3?
The short answer is they can't. Anyone that put in for a model 3 will be still waiting for 3 or 4 years!