2017 Investor Roundtable:General Discussion

[JRP3]

Did something just get released? Can't find a reason for the sudden spike.

 

[JRP3]

Not like they had much of a choice, really. Close the store, operate as a gallery only, or violate the law. Those were the choices.

I'm sure they have a strategy in the closing, I would have thought they'd keep it open as a gallery. Maybe they want the greater impact of a closing and job loss.

 

[Gerardf]

Pretty good volume for first 30 minutes. Speculation or someone knows something ?

 

[esk8mw]

With the benefit of all the info gleaned over last couple of days and the benefit of information that Tesla didn't release the number yet, I turned quite bearish at this point. In-fact I sold a quite significant number of shares pre-market.

I think the VIN count is very misleading this time around. There is quite a lot of info here on TMC to say that Tesla built cars without pre-orders on them and sent them down as "inventory", with the hope that people walking into the stores will buy on the spot (similar to car dealerships). Nobody knows if a VIN results in a sale or not at this point.

I hear you, which is why I'm not predicting 34k deliveries (last Q4 they delivered about 3000-4000 more cars than VINs issued). I know they have a big backlog (and thus assigned many VINs this quarter), but I can't see deliveries being under say 24k. I do not agree on the inventory issue. For inventory to be an issue I think we'd see thousands for sale and SCs overflowing, neither of which I've seen. They have to go somewhere and Tesla stores don't really have big lots for the most part. I agree it's harder to predict this quarter but that doesn't make me automatically go bearish--I'm of the belief that they had no issue selling inventory given that they didn't offer sales and in fact increased delivery fees. That's not the play if you can't move product.

 

[Tslynk67]

Did something just get released? Can't find a reason for the sudden spike.

Normal random TSLA SP movement, no (bad news, goes down, good news, goes down, no news, your guess)

 

[geneclean55]

Nasdaq breaking out

 

[Drax7]

Trading as if insider information has been leaked.

 

[Krugerrand]

With the benefit of all the info gleaned over last couple of days and the benefit of information that Tesla didn't release the number yet, I turned quite bearish at this point. In-fact I sold a quite significant number of shares pre-market.

I think the VIN count is very misleading this time around. There is quite a lot of info here on TMC to say that Tesla built cars without pre-orders on them and sent them down as "inventory", with the hope that people walking into the stores will buy on the spot (similar to car dealerships). Nobody knows if a VIN results in a sale or not at this point.

No comment.

 

[Krugerrand]

They've released the Q2 & Q3 production & deliveries on Sundays.. not exactly business times.

IMO 2 possibilities: Elon puts on a show in open market or it is bad and they wait for after hours.

People getting stuck on it's this or that. There is ALWAYS a third option/possibility, sometimes a fourth.

 

[Bgarret]

Everyone should tweet Trump back, "Wouldn't it be great if AMERICAN MADE cars could be sold in AMERICA #Tesla Michigan, Missouri, Texas.....". If we tweet enough, maybe we could raise some awareness in the administration. Worth a shot.

You could also send him this...

@realDonaldTrump bizjournals.com/kansascity/new… Gov't regulation costing US company jobs....#sad

 

[Krugerrand]

Did something just get released? Can't find a reason for the sudden spike.

Unicorns.

 

[racer26]

Trading as if insider information has been leaked.

Certainly looks like someone knows something. Alternatively, we are just doing our usual high beta correlation to NASDAQs 1%+ gain

 

[NOLA_Mike]

Unicorns.

Pictures or it didn't happen...

 

[Zaxxon]

No comment.

And yet you felt the need to comment.

 

[Krugerrand]

I'm sure they have a strategy in the closing, I would have thought they'd keep it open as a gallery. Maybe they want the greater impact of a closing and job loss.

The sign on the door is great. That has more potential impact than keeping the store open for a few days (expected decision on Jan 4 when more concrete action can be taken by Tesla) as a gallery.

 

[Svetlin]

You could also send him this...

@realDonaldTrump bizjournals.com/kansascity/new… Gov't regulation costing US company jobs....#sad

I cringe at the possibility of Trump ever mentioning Tesla. It would either be to attack it (no reason of course), or to take credit for its success.

An American company building world's biggest battery factory in the US. This is how we beat China. Thanks Donald! #MAGA

Ugh!

 

[Krugerrand]

Pictures or it didn't happen...

Ah, just turned them out in the paddock for a few minutes to stretch their legs...not like loose-loose. Course, if Tesla released great Q4 numbers right this second, I'd imagine the Unicorns might break the fence rather than head back into the barn for some hay.

 

[Krugerrand]

And yet you felt the need to comment.

I sure did. But look at how nice I was. Didn't type what I really wanted to type. Who says a cat can't be herded?!

 

[austinEV]

Trading as if insider information has been leaked.

Certainly looks like someone knows something. Alternatively, we are just doing our usual high beta correlation to NASDAQs 1%+ gain

Folks please get in the habit of asking yourself: "Hmm, is TSLA doing something interesting today or is it the market?" Check QQQ, F and GM. All up sharply. This is not news based.

Edit: as @racer26 said.

 

[NOLA_Mike]

Tesla Motors, Inc. Gives Potential Customers 2 Reasons to Buy Today -- The Motley Fool