I already went for a call spread, I'm think the odds very much favor a pop before the reveal. I won't be greedy with those, I'll sell before the Gen3 is shown. If I make money on that I'll switch directions as soon as I sell the calls. If Tsla sells hard I'll most likely pile on and buy puts.
If the Gen 3 doesn't cause excitement this stock with drop a long ways because there really isn't any hype left, just hard core numbers trying to make Tesla become a real auto company with a profit. That's not going to be pretty if it can ever be done.
Does anyone really think the Gen 3 is going to sell in mass production numbers? Even if the initial orders are huge, how on earth is Tsla actually going to make that many cars? You can't just magically pump out a 100 thousands cars let alone a higher number per year. I don't think the market is that big any ways.
The hype is almost over and so will this stock price. Even if Tsla is successful then a regular multiple has to be put on this company.
I still have a problem with depreciation. How much is that $20K EV going to be worth 3 or 4 years down the road. Buyers of used cheap cars are looking to drive the wheels off their cars. An EV has an expiration date.
Example, one of neighbors has 4 kids. He's not buying them new cars, he just hasn't sold what he drives, him and his wife will buy new cars but the older ones just get passed down until someone totals one.That hasn't happen yet so no car payments. Makes insurance cheaper as well. When you are insuring 5 cars it can get very expensive. His youngest is only 2 years away from driving age so his fleet is going to get up to 6 vehicles until someone moves out and gets a real job.
If the Gen 3 comes out with a 200 mile range then the Model S will look bad won't it? What will be the main factor in spending 80K-90K for an S or 35K for a Gen 3? Tesla needs to something or the cheaper model might very well eat into the expensive models sales.
Not sure why Buick's aren't more popular in the US?
Then I looked them over and thought I wouldn't buy one of just. LOL. Use to be a grandpa car, now it's more a yuppie car, the name will never mean young buyers. Kind of a dilemma for GM?
And Europe/ Japan were still smoking after being bombed into the stone age during WW2. Not hard to be a auto manufacturing leader when you your competitors haven't recovered from a war yet.
I see the thought process behind the trade but not with this stock. Too much hype around TSLA and the Gen 3 hype is about to hit, if nothing else this stock will stay pinned around $200 until the details come out.
Bad time for any new position on this stock.
Ya duh but Tesla makes it that GM is the one behind dealerships and they are the ones pushing the law makers to stop Tesla.
Tesla is playing the victim. Just totally untrue.
What's your idea of high interest rates? I would love to hear how much interest someone are paying on a 100,000 share short?
Let's educated the crowd.
Sentiment: Strong Sell
Tesla is saying that GM is responsible for the laws involving dealerships. Fact GM in the past has wanted to get rid of dealerships and sell direct but couldn't because of the laws.
Just more BS behind all this Tesla is a new car company with a new revolutionary tech etc. etc. The dealership thing they are saying is just so wrong.
Then just short SCTY, I did but I covered out. I will short them again. No reason to get emotional except for the killing you are making. If you are worried about everyone else then go move to a communist country where everyone can be poor together.
So you are saying the Republican party is like the UAW? The figure head is just that, not the true power?
You UAW guys really have a problem in your thinking.
Watch Trump this week and next. I don't think he was serious about running for president, he just wanted to run his mouth to cause some trouble then end up as a independent candidate to cause some more trouble, run his mouth. Problem is he thinks he can actually win now and I would bet he gets his act together this week acting more like a centralist. Mark my words, the kinder gentler Trump is about to come out.
Hillary is not loved at all. BO got elected because he is black and Hillary would of won last time just because she is a women. Times have changed, Hillary will not get the "time for a change let's vote in a women" vote. The people want action whether good or bad, Joe Six Pack is angry and tired of the limp wristed Politically Correct crowd and the crowd that can't do anything without linking it to abortions some how. All idoits who get nothing done.