is that correct?
CEO was forced to change his statement today's reaction is the proof of that.
no doubt that trying to push down the price so that they can accumulate.
Check out all these negative attacks coming from CNBC.
I am with you. There is another article from Barron major competition for tsla from Honda fuel-cell vehicles,
March 26, 2014, 12:10 P.M. ET
Tesla Motors: Here Comes the Competition
By Ben Levisohn
No one expected the legacy automakers to remain on the sidelines and let Tesla Motors (TSLA) dominate electric autos. And today, there’s word on the competition as Honda Motor (HMC) and Toyota Motor (TM) both updated plans for their fuel-cell-powered vehicles.
Reuters has the details on Toyota’s and Honda’s plans:
Honda Motor Co Ltd and Toyota Motor Corp plan to launch fuel-cell vehicles in the consumer market in 2015, with each producing about 1,000 eco-friendly cars a year, the Nikkei newspaper reported.
The automakers now offer fuel-cell cars on lease, with users centering on municipalities and businesses, the daily said.
Initial prices of these zero-emission vehicles, which cover longer distances than electric cars, will set below 10 million yen ($97,700), the Nikkei said.
Deutsche Bank’s Rod Lache and team think Tesla Motors has the competitive advantages necessary to withstand the competition:
And while we acknowledge the risk of new competition, we believe that this risk is mitigated by the company’s growing list of competitive advantages. Interesting, we’ve noted that Toyota still maintains 60% of the U.S. Hybrid Electric Vehicle market 17-years after the introduction of the Prius, and in some ways Toyota’s competitive advantages appear to be dwarfed by those being put into place by Tesla in the Battery Electric Vehicle market. Moreover, we don’t believe that that Tesla’s market share objectives (including a 500,000 unit target by 2020) are not particularly lofty. We’d note, for example, that the BMW 3-Series sells 538k units per year, including 120k in the U.S., and it achieves 30% of the global small luxury sedan market; Tesla’s Model S has already achieved 13% of the market for vehicles in the $70k-$110k price range in the U.S. market. And BMW faces significantly more developed competition in the premium sedan market than Tesla faces in the EV market.
is it possible tha ceo was forced to change his statement?check his statement no one would make such a dumb mistake.
yesterday, after CEO Andy Marsh told MarketWatch that the company had “signed an additional order in North America with a global automaker.” Although Marsh did not divulge further details or specifics of the deal, he did say that the news would be unveiled in two to three weeks.
one more fire will bring this down to $50 what a shame.
All they have to do is to create one more stunned.
They can be the product of the racetrack so they start setting up those phony fires
what a shame.
Tesla car and Tesla stock are becoming the darling of Wall Street.
no doubt in my mind that Tesla is a very unique innovative disruptive technology.
Anybody that I have met regarding Tesla they want one. on the free way S model still grabs the most attention from all other cars.
I actually forgot to mention the first article written by Daniel Weidelich has over 100 comments will see what happens tomorrow.
I think shorts are getting very nervous by today's move up.
For the last two hours, two Seeking Alpha articles.
as I am writing this one has 72 comments so far, the other will reach the same level by the time this day is over.it's though rich who by Tesla the same people drives the market up. 35% short covering alone would take this back to $200 .
this is the only interesting post I have seen all day.
What an amazing board
Sentiment: Strong Buy