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Discussion Starter #1

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Bottom line is Tesla is way over valued for their revenue and growth. GM has more than 10 times their quarterly revenue.

Yes, I expect strong growth from Tesla, but that is already priced in and then some.

I meant to buy put options on it, but didn't get around to it. I am kicking myself.
 

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Exactly, their cash cow has leveled off in demand, that was the big driver. The Model 3 was predicted to be low sales Q3 by Musk for a while, I imagine big move in stock could happen again next Q.
 

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Tesla stock swings widely on every little tidbit of news.
Elon Musk‏ tweets on model 3 July 3, 2017.

Tesla stock down $42/share July 5, 2017.

What happened? I thought the tweets were pretty positive sounding.

Not sure what's up with Goldman. One month they're talking down Tesla and the next month they're in on selling Tesla debt and equity. Now they're back to talking down Tesla.
 

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Discussion Starter #7
Elon Musk‏ tweets on model 3 July 3, 2017.

Tesla stock down $42/share July 5, 2017.

What happened? I thought the tweets were pretty positive sounding.

Not sure what's up with Goldman. One month they're talking down Tesla and the next month they're in on selling Tesla debt and equity. Now they're back to talking down Tesla.
Haven't we seen such "action" from "financial institutions" in the past? Or am I thinking of the movie "Wall Street" and Gordon Gecko?
 

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Haven't we seen such "action" from "financial institutions" in the past? Or am I thinking of the movie "Wall Street" and Gordon Gecko?
I don't know. I wondered if they're looking to create a dip they can move on. I'd think the SEC would have an issue with that just as they do with the pump and dump.

I don't listen to Goldman or Barrons. I don't trust either one to tell a straight story.
 

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Elon Musk‏ tweets on model 3 July 3, 2017.

Tesla stock down $42/share July 5, 2017.

What happened? I thought the tweets were pretty positive sounding.

Not sure what's up with Goldman. One month they're talking down Tesla and the next month they're in on selling Tesla debt and equity. Now they're back to talking down Tesla.
Sales estimates of Model S/X lack growth and they were at the low end of estimates (their revenue generators for the next quarter) before market open on the 3rd the stock was up around $370, primarily by enthusiastic Model 3 fans expecting it to jump, ignoring the news that the Model 3 really isn't in production until Q4 (in any volume), mid day it started plummeting, which continued into today.

Goldman Sachs cut was only from $190 to $180 in 6 month, so I don't really think that was the cause. Maybe people are finally realizing the valuation has no basis in reality.
 

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Maybe people are finally realizing the valuation has no basis in reality.
Not looking to devalorize your comments as they are apt, but this is a cult stock. Thusly a large number of holders don't pay any attention to valuation, EPS or any other metric.

Positive PR about model 3 in the past has driven up the stock price, so much that their market cap exceeded Ford and GM. This time, and right on the mark, it's started a decline.
 

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Some stocks like Tesla have a life of their own. No rhyme or reason for it to be so high, to begin with. It will eventually settle down to a number that more closely matches its market value and potential
 
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