Graduations to SpaceX and Elon!!!
Is there anything he can not do if he wants to do it. Are many people believed that his company can achieve this? NO. But he showed the world it can be done and he did it.
Same thing will happen for TSLA. He is so smart and knows exactly what he is talking about, which not many practical and normal people would never understand and grasp. I believe that in his mind, 500,000 car in 2018 is very possible in his theory, and maybe even today. But he is not sure if it is wise to do it or not now. It does not matter if analysts and businessman believe him or not because they just don't have his brain and will. To me, even they do not make that much cars in 2018, it is still worthwhile to ride with him in his ambition.
It was expected to loss 0.60, but came out with loss of 0.57. Simple meth: negative of 0.56 minus negative 0.6 equal positive 0.03.
But please focus on the future. No one believes that TSLA can make 500,000 car by 2020. And now they announced that it will happen in 2018. They should have some kind of confidence and insurance to make such bold claim.
Do you know that Elon's salary is most likely much less than yours? His fortune lines in the stock price just like you and me. I will truest him not trying to ruin the company intentionally. On the contrary, he will do everything to make his company the greatest one. His products will be like iPhone today as we keep reading from the news.
You are not alone. Most of annalists did the same. But TSLA is different stock that rest of the stocks and full of surprises. These people are so smart and they work on impossible. What I like the most is they really work hard to achieve their goals.
If Hong Kong is really concerning about the CO2 indirect produced by Tesla, they should really talk to Tesla and Solar City and beg them to install solar panels on or around all its high buildings and store energy in Tesla batteries.
It is in the news in the Yahoo every where. It really misleading title that easily fools many people. Tesla cars do not pollute air, the electricity that was generated by the City of Hong Kong does. But if they choose to use clear energies such as wind power or solar power, it should not be the problem for EV.
It will never happen.
Do you know that Solar City now produce enough electricity to power all Tesla cars on the planet? Discouraging EV is not going to solve the air pollution problems. Instead, Hong Kong should mounted their roof tops and walls of their skyscrapers with solar panels from Solar City and Buying batteries and cars from Tesla to solve the pollution problems. I think this is what they are planning they are smart enough.
Don't forget we just hit all year high few days ago and it need to be shaken up a little bit before moving further. No stock will shoot straight up continually. I will hold at least until the clinical results released.
There are many clinical trials where placebo are more effective than the drugs studied. Now placebo has been tested for some treatment. This tells me that there is lot of psychology behind the treatment, particularly through the action in brain. Cannabis based medicine may show effectiveness on other diseases through such mechanism.
It was not just popped, it popped Golden apples on that tree. So don't short this before think it over.