There is a guy who posts on Seeking Alpha who goes by Logical Thought who shorted TSLA with this same premise. I wonder if he covered yet. He said he did expect this level of pps.
They said they were sold out of powerwalls and powerpacks, they said. Does anyone have a powerwall installed anywhere in the world? Any periodical reviews? Balance of system cost analysis? Value to the owner? The April 29 reveal was almost a year ago. Remember the ramp of the pps after the tweet "new product, not a car"? It seems to be time for another tweet. Maybe about the progress of the Hype-r-loop or other whiteboard engineering product.
You need to watch "Better call Saul" to know what I meant.
In the ESPP type of plans, you decide the amount you want to buy for 85% of market price on the day of ESPP action. Then you can either hold the exercised options or sell them. Employees who did not buy/sell same day can end up with underwater options values. I remember the 1990s when a lot of people did just that and got creamed when they finally sold their shares during the downfall of the internet bubble bursting. I knew a few paper-millionaires who ended up with nothing.
Those yappers are probably working for a sell-side analyst company trying to get retail investors to buy their shares. Why bother calling them out. They were probably talking up LNKD in as well. All this could be a big setup for some tweet-bait following earnings. Big circus going on out there. Silicon Valley is one thing - but have you seen real estate prices in Vancouver lately?
Employee Stock Purchase Plan. ESPP options are usually exercised at the day they are offered. So, that is really only an intraday risk. However, special options for hiring VPs and chiefs and so on are more troubled.
I used to look at the jobs day far deeper than the "unemployment pct" which some say is a trigger for the Fed rates decisions. Well they masked so many falling into the Not in Labor Force while lowering the Pct.
Today, we have a change of Employed from: 149,929K to 150,544K. That may mean 615K more employed, yet they report the non-farms jobs and make it look small. These may not be "new job creations" but net jobs in place. Not in Labor Force has dropped. For the past few years, it grew almost every month. The point is, the employment numbers seem ok and may still signal there is potential for a rate raise - which is a poor decision unless there is real inflation. In fact, we face deflation right now. We need a slight oil ramp and a notion of no rate increase for 2016. Or face these market over-reactions. There are a lot of big buys in cash right now and all they need is incentive to trust the market again. End the oil war and let's make progress.
it made sense in California where drivers who may (or may have never) plugged them in and gotten a green sticker for the HOV lanes. Otherwise, nah. Made no sense. Good for HOV drivers though. Or, offer a true car pool situation and really use the HOV lane equitably.
The one thing I don't get is - why don't they naturally stop pumping if the market value is dropping? Was it existing contracts in place for delivery to be fulfilled and now they have run out of higher-priced contracts? Otherwise, it is in all of their and our interests to stop producing something that has limited and finite supply when it fails to provide a reasonable market value due to the over-production. Cheap oil helps many people - and then comes along Obama wanting a $10/bbl tax for "other reasons". Who needs oil the most? People with jobs who are trying to benefit from the lower price right now.
What that would mean is wouldn't be convertible during Q2. The can lower some liability for the time being from the balance sheet but what else? Bond value trades with the stock at a small premium. Both have gone down with the pps. As many have said - this period of the market is where "true value" is being found. Make profits to provide value.
It's where shares go to be "diluted into a pool". Many hold millions of shares of such companies for some reason - maybe they got in early and don't sell until it re-hits their entry price. Rather than sell into strength, they sit stagnant and let other peoples money hang out in a dirty pool of poor choices. I don't think this is what Jack Bogle wanted to see within the mutual fund industry as they matured. People hope that their fund managers are acting in their best interests. Is the lead fund holder - TROWE - doing that? How about Morgan Stanley or others? Fund managers are afraid to act because if they did, they would also have to sell other shares causing a ripple effect in markets and taking things down with them. The problem with the industry is it is complacent - continuously telling people to "dollar cost average in" and "invest for the long haul" while companies ebb and flow and shares plummet like LNKD and others that analysts "propped up" as the next big thing.
There were a lot of cheerleaders touting the future of micro-inverters on the Enphase board. ENPH. Check out their chart.
You can always sell. The theory of "not selling after it dropped further" is seemingly how these mutual fund managers work - and then they pay the market makers to try to run things up again. Perhaps TSLA will do a LNKD in jump after Q4 earnings are announced. Then you will start to think about what montana said below - what is the delivery cycle like in a "soft" quarter for an EV-centric company who just sold a boat-load in Q4 of excess inventory at a possible lower gross margin than everyone expects to see - but at least the cars are sold and act as "fodder" to try to get friends-and-family relational sales through personal feedback.
I'm waiting for solar panel #1 to be installed at Fremont... Or Lathrop. GINO - Green In Name Only
Tesla is not clean energy. It is Vanity Energy. It would be better to have science win and for power companies to create installations that make sense without huge incentives, tax breaks, other differentials, carbon markets, pressure from "eco-zeolots". clean energy makes sense - but so does eating vegetables every day. Not everyone is on board.
The best for of resource management and energy usage is -- conservation. Not delving into debt to mortgage the future - buying and growing and reaping what we can conservatively use. Conserve first, demand green energy later. If everyone is not already cutting power - but just demanding green energy to afford more of a gluttonous lifestyle then it's not the right solution. it would be like powering Las Vegas entirely on renewables. The problem is the gambling mecca of the USA shouldn't even exist in a proper conservative lifestyle. But should we be doing things like propping up "stupid lifestyles" with "smart energy"?
We need education first. You cannot force clean energy. You can create interest in it through educational means. Education is expensive and nobody wants to offer "free education" - so the ones most interested in clean energy are those who are in the top most-educated realm of society. Ask any minimum wage employee what they think about clean energy and what their goal is to get off oil - they will not know anything regarding these topics.