Special items be damned. This is the most high flying, balloon stock in the book. A year ago it traded at 40. It should still be trading at 40. In the companies history they have still lost over $4 a share.
The logic behind a rechargable with limited range and wildly high price tag is reduced as gas prices fall.
Musk's little math tricks to get people into an all electric car are already failing.
Furthermore there will be a new wave of natural gas cars on the road in coming years with no range restrictions and they will be running at cost levels equal to $1 a gallon.
High electricity prices in California already make the Tesla 80 cents a gallon. Competition creates margin compression and floods the market with other options.
Its time to sell this unprofitable company and put money into Apple or something that does make money.
Expansion costs money. BMW and others are cutting into this already saturated market.
Once the shine is off this penny, the stock goes back to 80 where it belongs. We could see 40 points fall off this stock in the next few days. Buy your puts accordingly.