Sell some December puts at whatever low price you like - $220, 240, etc. You then can buy at a low price or just cash in on the put sales and repeat until happy. Selling a put means "I will buy at that price if it gets there".
Was apparent yesterday during the spike hour. Algorithms and mutual fund managers thinking about what is to come and if they want to keep "investing" their customers' money or how they could lighten up a little.
Don't believe you. Much of what you have said isn't true over time so why would I believe you have a "factory number" when the same number is presented - to the exact number - on TMC's web page and? I would accept the fact you want to save face and realize you may have been reading the wrong column off the TMC Model X Tally. But a factory number stating 12898 total reservations would be incorrect and implausible if it matched "by coincidence" with a web site on the same 9/3 date.
But don't try to pass those numbers off as "gotten from the factory". They are simply right off the page from the TMC Tally page. No insider information given.
12,898 = I know where you get this number from. It is from the USA-only - Production only reservation high number.
That same number is on TMC Tally. IT IS ONLY FOR THE USA Production unit. Not worldwide reservations, which is my number of 20,199.
I am giving you more bull case. Look it up on TMC.
Was it you or dde boy who said Model X was already in production - - months ago? How can you be taken seriously about this now? Isn't it already in production? Sure, they may do a slow start to the old line with Model X Betas going into Q4 and even deliver a few to gain Musk his pile of stock options for hitting target. And I think they have to sell MX units in late Q4 and early Q1 so they can get sales going. They have guided way too high and need to figure out how to hit the targets. But now that they have finalized the gigafactory, they can start taking off the makeup and becoming "real".
Then the cancellations are huge. Teslamotorclub (you have to know TMC, don't you?) indicates the topped out reservation numbers add up to, well look at that, 20,199. Look at the Model X Tally thread on TMC. Factor in cancellations and if you are saying 13,000 reservations then a hilarious amount of 7,000 cancellations have happened. Holy cow! I'm trying to help you here - 19,500 reservation sequence numbers accounted for. 7,000 cancellations do not help your case. In fact, I would think you were a bear.
They will ship MX to US destinations first, more to CA due to watching over the early fleet like MS.
China only has 2K reservations. 1/8 that of the USA. Just barely double Canada.
I thought you knew this company better.
The point is "where's the vanity cash?" It is in the richest locations where "being seen" is critical. The US market, the Chinese wealth market and a few other Euro locations (Monaco?) - that is where people want to be seen in the latest gear. This is why I believe lot-cars will be coming to the US sales/service locations in Q4 onward. Germany is a bit more nationalistic and centered and believes in buying product from their own country. This is why Tesla must rely on the USA primarily as the cash-rich target market. We have dozens of "self-interest" reality tv shows where they teach people that self-interest is critical. Selfies are so utterly important. Tesla will do well where it is "important" to have the car. But the importance is not the sustainability of transportation but rather "the launch" and other aspects of why buying the car is important. Shredding tires in 8000 miles is not a big deal, just buy more.
TSLA is also vanity investing. "I'm getting rich off TSLA! - look at me!"
Still fall? Been that way for months. They start to produce in volume in spring, 2015 at a slower volume. With 19,000 reservations and producing under 1000 month initially, then higher later, this means your post implies orders are not that great. They come in now approximately 40-44 per calendar day. Isn't the line supposed to do 1000/week?
A blow out month is also a catch up month to look good for one month going into the ER season. We will see reality after that. It is easy to see in the Vin tracking we do.
27% annual year over year total growth this year.
See insideevs. August was just about flat over 2013. That factors in 12,000 total plug in vehicles sold the next four months. Take a look at the now-complete insideevs monthly sales scorecard. Tesla should come in over 2,500 in September, of course. However, the whole of the market is not growing as fast as many advocates had wanted. "Exponential growth" has been said before. This is a slow and steady growth market which is becoming nearly linear.
Last year's growth was 89% year over year. As numbers grow larger, it is much harder to make higher annual percent increases. The US is going to have some strains growing EV sales - and in Europe, small EVs will do fine as they roll out lots of DC fast chargers which can fill a Zoe, Leaf or other cars capable in 30-50 minutes. You don't need 200+ mile batteries if the next DC FC is within 40 miles.