It just goes beyond my comprehension that a company with NEGATIVE earnings can command such high prices.
UBS analyst Colin Langan sticks with a negative view (Sell, $160 PT) on Tesla, despite the recent rally. In particular, Langan warns on Tesla's cash burn, the possibility of downward earnings revisions due to the SolarCity integration and the threat of a capital raise.Morgan Stanley's Adam Jonas was talking up his book (Overweight, $305 PT) yesterday, noting the positive market perception of the Model 3 roll-out. It's not the first time Jonas has pointed to the "transformational" impact he expects from Tesla. TSLA -1.02% premarket to $276.93 after trading as high as $287.93 earlier in the week.
When stock gaps down and finishes strong is time to reconsider BLT but ER is approaching faster and can burn you. Next trade can come as early as next week and don't miss it
Though longs are having a hard time to stay long, the shorts having even harder time to stay short into earning, who will get burned?
$TSLA Tesla named top pick for 2017 by Baird http://www.marketwatch.com/story/tesla-named-top-pick-for-2017-by-baird-2016-12-30
There is always one or two good sell offs, we just had one a few months ago, it may be a while for the next one!
$TSLA Tesla getting hammered today after reporting earnings last night. Analysts worried about cash burn rate posted by Jack Brovie on stocktwits.com
Tesla tumbles 5% post-earnings but some analysts are still betting on new highs RBC Capital analyst Joseph Spak, who has the equivalent of a "hold" rating on the stock, raised his target to $314 from $245, while Baird analyst Ben Kallo, who has the equivalent of a "buy" rating on the stock, lifted his target to $368 from $338.
Tesla stock slides more than 5% as Goldman downgrades it to sell Analysts cite near-term challenges, including the launch of the Model 3, an unproven solar business and cash needs http://www.marketwatch.com/story/te...des-stock-to-sell-2017-02-27?siteid=rss&rss=1
http://finance.yahoo.com/news/teslas-solarcity-cut-20-percent-staff-2016-231434888--finance.html Tesla's SolarCity cut 20 percent of staff in 2016 What happened? I thought he was creating jobs. Now he is firing people!
