Not a chance in the world. If Tesla comes out and says the model 3 will go 400 miles on a charge then $300 would be on the radar pretty quick. That would be post 31st.
That won't happen BTW.
If you bought cheap out of the money calls thinking a big pop is coming then you are wrong. Not how to get rich.
No. The market is being driven by the government except for high end toys like the Model S. Toy are toys and have nothing to do with the mass market.
My theory is Tsla hits top before the 31st. Classic buy the rumor sell the news or in this case I say fast money sells out before the actual news.
Not my first rodeo. Never know when a bull is going to get loose though.
Market share is unimportant or GM wouldn't have gone BK. Firs thing they did post BK is close down name plates.
How about the Bolt which is a direct competitor to the Gen 3 and will hit the market before Tesla?
So far everything is going according to my game plan. Tesla looking weak today, think she's out of steam?
No one ever went broke taking a profit and tax wise you're in the long term capital gains.
Might want to keep that in mind.
Not as cheap as people think. It's not just a matter of plug into a normal outlet. In an old house a Tesla charge very well may mean your whole house has to be rewired.
The lower classes who would be buying cheaper cars are statistically fatter then higher earning people. Yes weight is weight. I doubt Tesla engineers are calculating out a 200 miles range based on what a normal adult weighs in the US. End result is the Joe Six Pack car will have a lot of trouble living up to it's 200 mile range. Going to big a disappointment when people figure out how much they weigh effects the traveling distance in large way.
You do realize to build a plant in China you have to be partners with the Chinese? You cut your profit in half. I see no reason in the world to build in cars in China unless you are someone like GM. ???
I don't see it. Only so many technicals that Tesla can be pushed through. 200 day maybe the stopping point? I'm watching closely for sure.
Making a killing on my calls and will sell those before the unveil. Enough profit to bet big the other way on with cheap puts. Worse case I loose some profit. I'm going out probably 3 months BTW. I very well may be wrong on how fast a sell off comes. May be a pop into April for a week or two???
Who knows but no matter what happens I'm not out a dime. Been catching the swings better and better. This stock is not for the faint of heart or amateurs. I'm neither of those.
Have to check how many ships are being rented for storage? The oil could be out there being held for a higher price and I'm not sure where the IEA numbers come from? Oil isn't my bag baby.
What happens when 4 good sized American's get into the car? That's 1200 pounds right there, you'll need extra batteries just just push the average family around. LOL. Right now Tesla's are driven by the metro crowd that keeps themselves on the lighter size and that is not the average American.
Elon is probably difficult to work with, ego etc. I guess there could have been a fight over how to promote the new car but it's still odd when your job is to hype things? The spokesmen never gets in trouble for what he says so ???