Whats the risk, you state how youre figures are derived. As long as you state these are only preliminary figures for reservations and these may change after the deadline for conversion, there's no misrepresentation.
This manipulation would seem to be SOP for Musk, but he, or his lawyers, seem to know where the line is.
Disregarding the large July drop in sales and using Tesla's number of 55k vehicles this year, that comes
to 4582 cars per month.
Worldwide sales of EVs last month was approximately 42k . Tesla has about a 10% market share.
This is before the US drop of aprox 40% in sales, which may or may not recover.
Also, the onslaught of new competing EV models continues.
with over two dozen Tesla competitors.
BYD and others continue to do well in China where Tesla has failed.
Its almost enough to make you set your Koolaid down and consider
whats going wrong.
The good news is they delayed the X enough that they can skip the Gen 3 and go straight to
a Gen 4. It is expected out sometime between 2020 and 2030.
Saw Big 5 as one of the loss leaders today, and having been in this stock previously I took a look at ER.
Expected to see really horrible news, but didnt and the 25% drop seemed excessive.
Screw it, back in at $11.03 and I'll see what happens tomorrow.
Bought more shares initially than I probably should have, but I've bought BGFV previously when it got hammered for much better cause, and did ok.
I went to Boston Market one time and they were out of chicken. It was
just too funny. How do you run out of basically the one thing you sell?
I love wings, but this seems a bit faddish. Too much premium for too many assumptions
regarding future profits and growth.
Concerned, as its close to target,
I'm concerned it will fall back again.
Any catalyst seen for it going higher next couple months?
Panasonic is less bullish than you are on Tesla, and they're in a position to know.
Thats not evidence of anything but that Koolaid sales have been good. Car sales, now that would be evidence. Actual profits, now that would be evidence.
There are trade-offs on all technologies. Some have better densities with the tradeoff of price or being more toxic. Lot of stuff in the works, with no clear winners yet.
Panasonic is has Ford, VW, and Ford as customers, part of that 63 EV number I guess.
No wonder they arent totally buying into what Musk is selling. They see first hand what the
competition is up to.