After hours orders set up expecting better results or something? Edit: looks like it's ended down overall for the day.
Oh it should get crushed today, can’t wait. There were some positives long term in that dismal report, glad they are finally getting rid of the end of quarter rush and smoothing out deliveries, much better for the brand. Short term it’ll get hammered till Q2 delivery report, they have to show S&X demand is back which I think it will. The fake news factory is chugging along, China rips when it comes to building.
....did you not see that they delivered like half of the cars in the last ten days of the quarter? The stock is chillin. They’ll be valued at 40 billion when they miss payroll this fall and somehow you’ll spin that as bullish
Yea they started delivering cars internationally starting Q1, had delivery problems (not surprising and a mistake by management), leading to a large rush end of quarter plus a large amount of vehicles in transit. Management made several errors this quarter. You severely overrate my bullishness/fandom.
S&X demand is the large question over the short term. Does the power train boost get back customers plus the performance offer. Model 3 demand should be fine in the short term (Q2), steady state demand is the real question. Too many variables with tax credits, not open in all markets, and limited model variants in others so the answer for bulls or bears won’t be apparent till Q4 or 2020. The saga continues.
All their hard work just got proved by Samsung this morning with their 3-D hologram effect in 4K images/video on their new Galaxy model. But on a moving car it might need more cameras than just the two in front to capture the spatial distances while in motion.
Interesting, didn’t hear about that. Tesla’s setup is a little different than Cornell’s, they have 3 cameras from a heightened position: one in each B pillar and one behind the rear view mirror looking forward.
eventually people have to stop believing elon's bullshit right? i think my absolute favorite was when he was like we are extending the price cuts for an extra 3 days because so many people were ordering on out website and the website just couldnt handle it!!!!! with a 40% decrease in deliveries
Sold all of my position Looks like we might finally be at the stage where Elon isn’t able to bullshit his way out
What do you think is amazing about one advisor saying Tesla hit auto sell points for certain investors to protect gains?
I’m a big fan of this company and hope they do well. The SUV was announced to start at $71.5k and will probably go up to 100+
Ouch. I'd buy the Trackhawk Grand Cherokee with 700+ hp for $100k before that though. I'm never spending that much on a car though.
There's a couple more tweets explaining it. Others still with large positions in portfolios he manages and saying 250 is still a good price for the next round of gains.
Same here (on hoping they do well). They will follow the Tesla model of two high priced cars to fund their next round of cars. That SUV is slick though, the looks remind me of a Range Rover.
Locking in gains for certain clients while believing it's still has a future growth potential aren't mutually exclusive
It looked like he was saying that the people with older positions were still holding it. Like people who had bought shares before late 2016. In the other tweet he mentioned buying at $290 and it having the sell point trigger around $250-260, so roughly around 15% and 10% it sells to prevent further loss of their money, saving around 5-10% from where the price dropped to on Friday, and could then buy back in a few days later at a lower price.
It’s a luxury full-size SUV meant to compete with loaded Tahoes, X5’s, Land Rovers, etc. while having stupid acceleration and good off-road capabilities. It’s not going to be cheap.
Yeah I just don't really understand why this is some amazing or crazy tweet. Just normal investment speak/protection from further losses/protect gains. Especially since he's still long in the position for others
Well, for people like yourself that lost a fuck load trying to short Tesla and still claiming they'll be bankrupt by Q3... He's pretty accurate. Gonna raise nearly 3 billion in capital. Was actually just coming to post the article on the capital raise. Believe the stock is up 5% since the announcement?
What's more, I'm sorry his aggressive tone hurt your feelings. From reading his tweets the last time you posted, it seems he was always still long on the Tesla
Yeah, he specifically explained why he sold them then and explained he was still long on it depending on when people bought in. It's clear you shouldn't be directing your own investments