Tesla unveils new Model S sedan, Model X crossover with faster acceleration, longer battery range Tesla's new battery pack is all about going the distance, and going faster than any mass-produced car has ever gone. Tesla announced new versions of its Model S sedan and Model X crossover Tuesday, with substantially faster acceleration and longer battery range. The company claims its Model S P100D with Ludicrous mode is the fastest production car in the world, in terms of acceleration. Tesla compared it to the likes of the LaFerrari and the Porsche 918 Spyder, which were faster, but were limited-run cars, while the Tesla will factory-produced for the general public. The Model S has a 100 kilowatt hour battery, with a 315 mile EPA range. "I think this is going to send a great message to the public that sustainable transport is the future," CEO Elon Musk said. However, after the announcement, shares of both Tesla and SolarCity gave up earlier gains of 2.49 percent and 1.9 percent, respectively. At market close, both stocks were up slightly. The Model X P100D, which also has Ludicrous mode — a performance mode that allows an increase in acceleration through electronics — is built to go from 0 to 60 miles per hour in 2.9 seconds and will be able to travel 289 miles on a single charge. Read more: http://www.cnbc.com/2016/08/23/tesl...prove-that-electric-cars-can-be-hot-rods.html
That feel when Tesla is trying to improve their batteries when my iPhone still doesn't make it through the day.
Maybe Tesla should make phone batteries? Ive always wondered why they cant make the back of the phone from solar panels, so it charges when you place it face down...
TSLA went below the 200 sma today. Looks like it will go down to 190 in a bit, and if that doesn't hold then 140 could come quickly. But that's getting ahead of ourselves. Shareholders must be regretting cutting ties with MBLY.
140 sounds terrible. 190 does look very much possible. What time frame are we looking at? A couple of weeks maybe?
Price movements of this stock are beyond reasonable thought. But the reality will eventually reign supreme. May take awhile, so wait.
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i think that tesla will drop to the 150-160 level. I would add at that level (providing i have the cash and that no more rockets blow up....)
Yeah I think it can go below June levels. No real investor has confidence in this stock, because Musk is untrustworthy. Says they can expand production without doing stock dilution to raise money, bails out his cousin(?)'s solar company with Tesla stock, etc. I'm using this channel as a guide for now, but not sure how much TSLA will fall Watching the monthly MACD, it is still falling
I think we do trade towards 200 but retain 60% of my initial position and would not consider shorting in this area, we are on the way up.
Too much competition people. Wake up and don't buy into the hype. Musk is trying to jawbone his stock price so he can dump.
