My "buy back in at $30" is getting further and further away :@
I wonder if this is the start of a short squeeze.
EDIT: Sorry for the Jinx - the stock literally lost about 1/2 a point of its gain just as I hit SEND
I am going to sell near all of my shares, only 400 left at the moment.
With the stock getting so high, I just thought I'd throw out these TSLA stats:
On November 24th, 2010 TSLA closed at $35.47. That was the highest TSLA ever closed.
On December 1st, 2010 TSLA reached a high of $36.42. This was the highest TSLA ever got.
Today we hit a high of $36.29 (so far). That's the second highest TSLA has ever been.
If we close above $35.33, today will also be the second highest close TSLA has ever seen.
If we close above $35.47, today will be the highest close TSLA has ever seen.
Today is now the highest close so far at $36.01!
Last edited by JRod0802; 03-12-2012 at 01:16 PM. Reason: Market Close Info
Apparently closing at $36.01. Funny that as end of Feb, the number of shorts have risen above 25.1 Million again (from about 24.6 million in mid of Feb).
Buying an EV is one thing, being able to drive it beyond city limits another...
Record price and volume! Take that you bears.
From 5 Tesla Trading Catalysts:
Wall Street has taken the PowerPoint slide deck from the company for Model S production and loaded it into First Call consensus, and that makes a missed production estimate a real risk," O'Neill said. The 5,000 Model S production figure means that Tesla has to make 5,000 cars in five months, a rate of production for a specialty car that O'Neill describes as nearly impossible based on the industry track record.
If Tesla pulls it off, the 52-week high would be easily understandable. O'Neill said that if Tesla were to sell 4,000 Model S cars at the fully loaded price point of $86,000, it implies revenue of $345 million and a run rate of $1.2 billion in revenue annually.
"Who has gone from zero to $345 million in revenue in six months? Has anyone ever done it, or go from zero to a run rate of $1.2 billion. It doesn't make sense, but maybe they have some secret sauce," O'Neill said, which will allow Tesla to avoid the pitfalls of all the other early efforts in the electric car production market.
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