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Are you also investing in Tesla?
- Thread starter Fr23shjive
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- Tesla Inc.
Citizen-T
Active Member
True, that's what it costs big carmakers. Pretty sure Model S development was sub-$500 million.
I agree $3B is a small market cap for a giant car maker, but Tesla is not one of those. I will say however that if Tesla's growth rate is what we think it will be, then it is entirely possible that the market would give them a multiple more like Salesforce.com (CRM) or what Netflix used to have. Slap one of those multiples on TSLA and all of the sudden its not expensive, its cheap.
NigelM
Recovering Member
On the contrary...the e-mail went out on the evening of 12/20 and look what happened:
See my other post above replying to Eric to see the October event media effect.
P.S. You can see all this just by entering the ticker symbol into Google and then moving the slider bars to show different dates.
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NigelM
Recovering Member
Whoa, hold on there buddy. You're sort of assuming that the media coverage will be positive; I'm guessing it will be, but we have to wait and see. After the Model S launch the share price went up, after the Model S pricing announcement it dipped. This is still a volatile stock and anything could happen.
P.S. Just for the record, I'm not giving stock tips and I'm not a registered financial advisor...everything you do is your own responsibility! :smile:
NigelM
Recovering Member
That's ok....I make most of my income as an investor, more times than not I do pretty well but I'd hate for someone to follow me over the cliff if that should ever happen (God forbid!)
Honestly, it's tough to see real specific outside influences. After the October event there was a clear trend upwards right through to December 7. when the share price went into freefall. My basic view: the stock (was seen as) overheated and the short-sellers piled in which drove the price down. I believe in Tesla as a company and I'm in for the long-haul but never assume that Dec 7. and afterwards was a unique event.
Days to cover dropped 30% in the past month!!! Just announced!!
I think this means shorts are covering. Am I interpreting this correctly? This information was released after the close.
Tesla Motors, Inc. (TSLA) Short Interest - NASDAQ.com
I think this means shorts are covering. Am I interpreting this correctly? This information was released after the close.
Tesla Motors, Inc. (TSLA) Short Interest - NASDAQ.com
mnx
2018 M3P
Just means the average daily volume is higher as short interest has only increased...
However, this doesn't take into account the short covering that likely happened on the 14th, since the period for this report ended the 13th. The next report will be very interesting. All of the upgrades that have occurred since then, combined with any shorts that covered after making 20%, will likely precipitate a huge drop in short float. Accounting for the higher volume (since overall market volume has increased since January and the release of news pertaining to sales + the event on February 9th, and this is very relevant)
