Most of the longs are protecting their positions with shorts. To close out a short trade is mostly
a wash for them. That's why the longs can dump this stock and not get hurt much.
With the warranty Tesla owners will now more readily sell their cars plagued by workmanship issue. With used cars no longer getting a premium this will cut down on sales. A downgrade is coming. Warranty is desperate attempt by musk to save company. people now realizing cars built by former chevy workers lol
Will hit earnings by lowering them. I mean come on, instrument panels going on the blink. Costly
to repair because they own no dealerships. Will cost $1,000s per car.
They don't own any dealership repair shops. They will have to pay for repairs and the stock has a PE of 200.
Investors can only make money here by hoping others buy stock at a higher price. not happening today.
ChineseTesla's run on electricity. 84% of electricity in China come from coal. Telsa's in China run on 84% coal power. Any who denys this is in denial of Aristotelian logic and is wrong.
This is probably a double top. I've been wanting to sell out since we sold off to 180.. All I see in the Telsa car mall showroom is kids. No serious buyers. They are probably in Car showrooms looking at other manufacturer
Just selling after x-dividend date. The greedy SOBs will be buying Exxom before they go x div. They will be back here in early November and stock will be higher. The yield here is just too good but that's all some want.
Hey man I just bought a flashlight that runs on batteries. I bet the company has a PE of 100 like Tesla, if not I'm a buyer.
IBM is selling at a 2015 PE of 9 and they churn out more patents than anyone, have "WATSON" etc.
There are so many great cars out there at high $ with great technology too. BMW, Rolls, Lexus
Mercedes, etc. Telsa just runs on batteries. Well so does my flashlight. I remember when Dell had a PE over 100 when they were nothing more than a box maker.
200x 2014 earnings 75x 2015 earnings. Auto makers sell for PE of 10 over time. Competition will improve.
10 companies vs. 1. Telsa is good but there are so many high end cars out there.
I sold some on the way up at a loss. I didn't see the big rally coming. Now I am holding as I see
how this stock is valued. Doesn't make sense to me. Last cycle 2006-2007 it ran up on making money from the polysilicon shortage. I thought the stock would run up on making money. Now it is running up on losing money.
That's the key to understanding the stock which means you can't use normal metrics to value it. I rode this down to 1.60 and still owns shares. This stock hasn't made a dime since it was at 1.60. It's hard to believe a 1.60 stock with 8 more losing quarters would become a ten bagger.