Guillen Jerome M, Officer (VP Service and Sales Ops) of Tesla Motors Inc, unloaded 1,500 shares at an average price of $265.04 on July 15, 2015. The total amount of the transaction was worth $397,560, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 0.2% of Tesla Motors, Inc. Company shares. In the past six months, there is a change of -24.3% in the total insider ownership. Institutional Investors own 63.2% of Company shares. During last 3 month period, 0.01% of total institutional ownership has changed in the company shares.
and remember - Musk said, "Its critical for Tesla to do well in China for the company to compete/survive" in the automotive/EV world. Well with no one buying EV in China and now the stock market crashing, Tesla overseas sales will plummet. Hard to sell expensive toys when the world largest pot of consumers doesn't want expensive toys. And now China losing 100 of Billions a days on crashing stock market.
and that's the good news. The bad news once the stock drop 70% is will stay flat for years or Musk will be forced to file for bankruptcy. Longs have been warned.
Know one ever wants to hold a bloated stock that built on smoke and mirrors in front of a market correction. Tesla headed lower so the only question is do we break $200 end of July or mid-August?
Gold jumps this week as China, Europe, Ukraine and Mid East all go up in Flames. Or shall we say "POP".
but you have to buy now to enjoy the nice ride up. Short term Gold going way higher as Greece train wreck back in the news as delayed Fed rate hike going forward. Add China Bubble popping pushes gold higher.
Boy Tesla is getting is "behind" kicked every where.
As reported by the Green Car Reports, Tesla Motors has met its acceleration killer from Germany. According to the publication, a team of university students from Stuttgart has come up with a powerful motor all-wheel drive (AWD) electric vehicle (EV), which reaches 60 miles from its initial position in no less than 1.779 seconds, faster than today’s Formula 1 cars.
and it get worse.
“There are a few people who are quite aggressively using it for local supercharging,” Musk said. “We’ll sort of send them just a reminder note that it’s cool to do this occasionally, but it’s meant to be a long-distance thing.”
But that didn't sit well with owners, because use of the chargers is included in the price of a Tesla, and advertised as being “free for life.” While many of its rivals spend big money on advertising, Tesla has invested millions of dollars in charging stations meant to be an extra incentive for buyers to consider its pricey electric car. Many tesla owners are now thinking the company could be a scam since there are not enough battery charging stations and when you do find one many times there are long lines to wait your turn. Remember built it and they Will Not Come.
and now its getting ridiculous.
“Tesla sales will drop if they don’t build more supercharger stations,” said Roger Chou in San Diego, who has ordered a Model X, but has been driving his brother’s Model S. “If they want to start charging people, that is fine, but be clear about it, so people can make their decision before spending $100,000-plus on a car.” Right now it takes 35 minutes plus to charge a Tesla battery and that's if you can find a supercharge station in your area. No one wants to wait 35 minutes to get back on the road - so this is a very serious problem going forward for the compamy.
Its common knowledge that the Model S has flawed technology and that the car might have a major shipment delay due to problems with system software and outside hacking threat. Who wants to buy a car that goes dead after 300 miles of driving but also might drive off the road when hacked by the car next to you.
52 week high for JDST is $41 so buying now is a no brainer. Gold panic selling is about to kick in and when it does JDST will fly to new 52 week high before you can says "fools gold".
Rats are starting to flee the sinking Greece ships as Deputy finance minister resigns before bailout vote. Syriza is not backing their own party Prime Minister, which tells you things are really, really bad in the land of the GODS.
as you know it coming Wednesday or earlier.
Among the Syriza MPs not supporting the government were energy minister Panagiotis Lafazanis and deputy labour minister Dimitris Stratoulis, plus speaker of parliament Zoe Constantopoulou, all of whom abstained. This points to the strong possibility that Tsipras may very need to soon reshuffle the cabinet and wider ministerial ranks. More broadly, following today’s agreement, there is potential for defections from the Syriza MP ranks and even the possibility of a party split. This would be immensely dangerous for a party which already relies on a coalition partner (the conservative Independent Greeks) for a parliamentary majority.
Greece politicians are staring at a nightmare coming. Sell half your countries worth and put it in a German holding tank and then increase IOU"s to stay alive for another 3, 4 months. I don't see Greece bending over for the Creditors since they have nothing to lose now if they Default and start over.
Tsipras was 59 Billion (free euros) with almost no strings attached. What a joke and Merkel will not fall for it. Rest of Europe is "BROKE" and Germany tax payers won't let Merkel lend one more dime to broken Greece.
because BABA stock will be flying over $250 a share and your dream of early retirement will be "still a dream".
Stock way, way oversold. Zero competition in China. Company founder doing major partnerships and growing revenue across the board. Baba share price will soon jump Amazon's and then set it sights on bigger fish.