By the way, for Tesla Germany is one of the fastest growing markets. The number of registrations of new Tesla cars in this country increased by 75% last year. In the segment of premium cars Tesla noticeably pushed the leaders. For example, sales are already comparable to the implementation of Porsche Panamera.
So, I'm driving on the 405 North from Orange County, CA , to Long Beach this morning around 6:15 and see what looks like a rocket going up into space. I think to myself it has to be an Elon Musk rocket. Yup, sure was. Updated 1 hr 49 mins ago LOS ANGELES (KABC) -- Elon Musk's SpaceX launched its latest rocket from the Vandenberg Air Force Base Thursday morning.
I think TSLA is a great stock to get into. Even though I question some of their positions with "products" and what they project to the community, their stock data couldn't be better. I knew in mid - February it was time to buy again and am glad I followed the advice.
Looks like resistance dating back to October at ~$360. If it can break through $360 it looks like clear passage up to $385-$390ish before it hits another roadblock. If I was invested, I'd be looking to close some of my position as it gets closer to $360 so that if resistance gets tested and fails again, I can lock in some profits and look to get back in when it finds more support.
With all the positive press from Space X lately, while it has nothing to do with TSLA, the feel-good emotions make people trend towards this stock IMO. They are supporting the man more than the product.
Tesla is just months from a total collapse, says hedge-fund manager Unless Elon Musk “pulls a rabbit out of his hat,” Tesla will be bankrupt within four months, says John Thompson of Vilas Capital Management. https://www.marketwatch.com/story/t...l-collapse-says-hedge-fund-manager-2018-03-27
Tesla stock is down 24.86 percent in March, as of Wednesday, pacing for its worst month since the company first went public in 2010. Recent declines have come on the back of a federal investigation into a fatal car crashinvolving a Tesla vehicle in California earlier in the month. Moody's recent downgrade of its corporate family rating on Tesla has also weighed on the stock.
What a ride. After an April fools joke that the company was going into bankruptcy, which was funny, we are getting a bounce back here.
http://ir.tesla.com/releasedetail.cfm?ReleaseID=1062670 Tesla Q1 2018 Vehicle Production and Deliveries PALO ALTO, Calif., April 03, 2018 (GLOBE NEWSWIRE) -- Q1 production totaled 34,494 vehicles, a 40% increase from Q4 and by far the most productive quarter in Tesla history. 24,728 were Model S and Model X, and 9,766 were Model 3. The Model 3 output increased exponentially, representing a fourfold increase over last quarter. This is the fastest growth of any automotive company in the modern era. If this rate of growth continues, it will exceed even that of Ford and the Model T. We were able to double the weekly Model 3 production rate during the quarter by rapidly addressing production and supply chain bottlenecks, including several short factory shutdowns to upgrade equipment. In the past seven days, Tesla produced 2,020 Model 3 vehicles. In the next seven days, we expect to produce 2,000 Model S and X vehicles and 2,000 Model 3 vehicles. It is a testament to the ability of the Tesla production team that Model 3 volume now exceeds Model S and Model X combined. What took our team five years for S/X, took only nine months for Model 3. Given the progress made thus far and upcoming actions for further capacity improvement, we expect that the Model 3 production rate will climb rapidly through Q2. Tesla continues to target a production rate of approximately 5,000 units per week in about three months, laying the groundwork for Q3 to have the long-sought ideal combination of high volume, good gross margin and strong positive operating cash flow. As a result, Tesla does not require an equity or debt raise this year, apart from standard credit lines. Q1 deliveries totaled 29,980 vehicles, of which 11,730 were Model S, 10,070 were Model X, and 8,180 were Model 3. Net orders for Model S and X were at an all-time Q1 record, and demand remains very strong. Model S and X customer vehicles in transit were high. 4,060 Model S and X vehicles were in transit to customers at the end of Q1, which was 68% higher than at the end of Q4 2017. An additional 2,040 Model 3 vehicles were also in transit to customers. These vehicles will be delivered in early Q2 2018, which keeps us on track for our full-year 2018 Model S and X delivery guidance.
grr >> Goldman Sachs cuts Tesla price target, predicts Model 3 disappointments and capital raise - https://www.cnbc.com/2018/04/10/gol...odel-3-disappointments-and-capital-raise.html
