You ever look at what a normal PE is for a car company? 20 would be high if Tesla managed to crank out 400K cars.
I shorted rode it down, covered and then went long. Close the long a few days ago and went short again.
Think I can go on vacation for the rest of the year. LOL. Tesla is finally getting predictable.
No, spending should be slowing down soon. Next problem is model updates, that is if Tesla can keep out of BK?
Tell you this stock will go down in business school history. Most entertaining stock I've seen for years.
Not sure what will happen tomorrow but tonight was the last pump or hope, it's all about numbers now and Tesla ain't so good at numbers.
Sentiment: Strong Sell
From what I have heard China is a full on fiasco. Time will tell what happens there but for now it just costed a bunch of money and took too long.
This should be good Tesla is showing their Joe Six pack car this week.
Who has more faith the Bolt will run more reliably then a Tesla cheap car? I'm betting Bolt.
Better looking? If Tesla makes their car too pretty then their high end car sales will be hurt. Sounds like a GM type of problem. If the Volt was prettier it would have sold more right off the bat. Tough call there.
Can Tesla meet their production timeline? LOL, no doubt it. Bolt win there.
GM is shooting for 35K and can ramp to 50K easily. Tesla's thinking there are hundreds of thousands of EV buyers out there? LOL. No, I seriously doubt that. The Bolt has a much more realistic goal in mind.
Some topics to talk about other then Trump is a #$%$ and Obama has ruined this country.
Side note, when does the UAW try to over run Tesla? They're a non union plant aren't they?
When you have your whole brokerage firm put a deposit down to inflated the numbers. Have everyone then slowly get their deposit back over a year?
Sentiment: Strong Sell
Depends on what your income is year to year. I haven't had a job with a steady pay check for 20 years now, income goes up and down. Doesn't mean my spending matches my income for a year.
I doubt this guy paid cash.
and I care why? I'm richer then half the world population by far. Maybe more like 90%. Taking money from me will not help the peasants of the world.
My state work like this, net meter and the power company will buy the power at a whole sale rate which is about 3.5 cents a KWh right now. No way to game that system. My electric rate is 13.5 cents a KWh so the cost of a grid tie system will never pay it's self off. That's why here in SC we have great sun for solar panels yet just about no one uses them. Off grid is too expensive to ever pay for it's self as well. I use a heat pump for A/C and heat, numbers just don't work.
I talked to a few guys years ago who lived in CA and they made out like bandits on their grid tie systems. Their day rate was something like 32 cents and the power companies had to buy the power they produced at the retail rate. Of course the night rate was something like 14 cents so when they came home from work they used almost all their power at 14 cents while banking money all day at 32 cents when they weren't even home. Sweet deal. I would have done it myself but it doesn't work that way here.