I also sold the March 12.5 calls which I will I had back now.
Buy buy buy
A stock valued off of "if's, when's and hope's" will eventually come back to earth. How do we know anyone will want to buy 500k cars in 2020? How do we know they will have the capacity to build $500k cars in 2020? What if VOLT was hyped this way? Would you be buying the hype? Realty always wins...
Yes, we all know what is trendy today will continue to be trendy in 10 years. Margins will be squeezed as BMW and Mercedez quickly join in on the fun.
What's 5% of $2 billion / 119 million shares? Yes, it's about $90 million or $.80 per share.
Pretty sure those interest payments will his EPS by about $1 per share. Ouch!
Sentiment: Strong Sell
The only thing a split would indicate to me is that management is confident the share price will continue to increase. A split would never occur if management thought the stock was over valued. No other value to my position.
Sentiment: Strong Buy
I am short. I don't love stock, I love trades. This run is done!
There is no factory, and if there was one, who cares? If ford announced it was building a battery factory tomorrow, would stock rally? No, it would sell off because everyone know the uncertainty and growing pains of building something..
I honestly can't believe how stupid some people are
You deserve a lot of congratulations for being in the right stock at the right time. However, if you can't see the air coming out this highly over sized balloon you deserve what is coming. Tesla is a great car but please realize they don't have the batteries or the capacity to produce more than 50k per year. Also please realize that although the company posted positive eps this past qrt, they lost a lot of money and only used accounting tricks to show a profit. If this big battery plant is worth so much, why doesn't someone else build it? TSLA already has said they know nothing about building batteries and have to find a partner. Why does TSLA even need to involved in the first place? It is a pipe dream that is 6 years down the road. The latest bond offering is going to kill eps in 2014 and 2015. Do you think the stock will continue to trade at these levels when they post $1 per share in 2014? See you all at $150! you heard it here yesterday when i shorted the stock at $260. I will cover half at $200 and the rest around $160.
this stock has gone up just about everyday since earnings? Something is cooking and I think it is all the chatter about the cloud :)
Sentiment: Strong Buy
Tesla's projection of 500,000 cars by 2020 consist mostly of lowered priced $30,000 cars. Why are the analysts still calculation their price targets based off 500k cars sold with current margins? and, what are the chances they actually are able to sell 500k cars in 6 years? they sold 30k last year. This company will run out of money many times before this goal is reached (batter plants, new car design, larger production facility). I would love to see some real forecasts and i bet the FMV is no more than $75.