If this is why Tesla is up $11B today, and I don't doubt that it is, it is a sign we are playing poker with morons who drool on the cards. $11B market cap gain on a $50M sale doesn't seem like a rational response to me.
Go points TomB16, the markets imo rarely reflect reality of any business, I have seen companies with more cash in the bank than their market cap. and I have seen no or little money in the bank and a large market caps. For example Ideanomics IDEX, today released 2020 results of $26.8 M in revenues and the stock price is higher with $1B market cap. There is no logic in the markets only trading of financial instruments. One thing for sure there is Quadrillions of Dollars moving around ...........
Volkswagen joint venture buys green credit from Tesla in China https://seekingalpha.com/news/3678480-volkswagen-joint-venture-buys-green-credit-from-tesla-in-china Unverified source for the record Tesla Q1 deliveries in Europe:
I have one thing to say about my intelligent decision to add 2 to 1 to bring down my average on my TSLA bags. KABOOOOOOM seeya at the moon on Monday.
No where close my friend. Obviousy the sharks on the street have information that is not available to the retail people. In these modern times we have to learn how to swim with them by following the waves and reading their signals. You never can tell, a model 2 could be well in the works and be released coinciding with the new tax credit. The EV motorcycles are yet another ace in the hole.
Based on everything I read, this is going to be a very strong quarter. Tesla is a fountain of cash, at the moment.
Wedbush 5-star analyst upgrades TSLA from "hold" to "buy", with a $1,000 6-month and a $1,300 LT price target, citing record Q1 deliveries. A positive note from Goldman Sachs.
Tesla stock looks set to rise on Monday following the company’s Q1 delivery beat. In premarket hours, one of Wall St.’s biggest TSLA bulls chimed in. Alex Potter of Piper Sandler holds the highest price target on TSLA at $1,200 per share, more than 60% above today’s levels. Still, Potter was not quite ready to raise his full-year delivery forecast, which sits at 894,000 vehicles, 7.5% ahead of the analyst consensus prior to Tesla’s Q1 results. Potter notes risks in the second half of the year due to ramping up new factories in Germany and Texas. Leaked company call details suggest Tesla may be targeting 1,000,000 deliveries in 2021. Over the weekend, Wedbush analyst Dan Ives increased his TSLA price target to $1,000 per share. Link: https://www.thestreet.com/tesla/news/tesla-stock-a-flagship-holding-says-analyst
Update on the wife's plans, she has now set her heart on a Tesla after her lease is up on 9/27. Get in now while you still can!
