"This correction from 271 to 208 presents an amazing buying opportunity"
Imagine how much better an opportunity you'll have as it hits $157, $94, $38
They aren't afraid of diluting the stock - over and over if they can. The real game is guessing when the hype ends and this starts trading (if it is not bankrupt) as an ordinary company - that means a P/E of 10 like all the other car companies.
There is no evidence whatsoever that Tesla can bring in a model 3 at a significantly lower price than the S or the X. They have no experience with mass production of a high quality low priced car. None.
"would require Fiat to assume Tesla stays solvent"
What about the possibility that Fiat may not remain solvent.
"Well Elon is an idiot businessman who might do just that with investor money"
I assume you are using "investor" as a synonym for "government".
"I STARTED TO READ THEN JUST QUIT"
Don't give up. Learning to read is an important skill. It will benefit you ever after you graduate.
"unless they truly redesigned the gearbox and drivetrain, including suspension for such a leap in torque."
What are the odds they did that.
Battleships are the perfect comparison. They were all decommissioned and scrapped except for a very few which still exist as museum ships.
Some cranky old codger (markit) comes up to the clerk and asks about sales. What do you think she'll say? "Sales suck?" Now go into any other stores in the mall and ask the same question. 999 times out of a thousand the clerk will tell you things are fine. What are you going to come up with next - long lines at the registers?, thousand dollar sales?
For the first time in my life I rear ended a Tesla this morning. So there we were off at the side of the road and the other guy slowly got out of his car. You know sometimes when you're really stressed little things seem funny? Yeah, well, I couldn't believe it but the guy was a DWARF !!! He stomped over to my car, looked up at me and shouted "I am NOT happy !!!" So I looked at him and said "Well then which one are you?" That's when the fight started.