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Short-Term TSLA Price Movements - 2013
- Thread starter Robert.Boston
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mitch672
Active Member
Bear food. They just eat this up. Of course the majors only have serious recalls, this one is relatively minor, and was found quickly, and look at the great Tesla response to remediateing it, that will all be lost on the bears of course.
Gtoffo
Member
Hahaha. "Isn't it funny, a ship that leaks from the top"?
Maybe Elon preannounced the battery swap news to counterbalance the "bad news" of the recall? ...it still makes no sense.......
deonb
Active Member
"After a careful examination, we have concluded that some Model S vehicles manufactured between May 10, 2013 and June 8, 2013 may contain a defect."
http://www.teslamotors.com/blog/partial-recall
Also, the official notice has a different number:
http://www-odi.nhtsa.dot.gov/acms/cs/jaxrs/download/doc/UCM440239/RCDNN-13V249-4963.pdf
"1228 vehicles released outside of Tesla's control".
So that's 1228 vehicles + whatever they made for loaners/demos + whatever hasn't been delivered yet for some reason.
deonb
Active Member
Still not a usable number. They mention "outside of Tesla's control", and they discovered the issue at least on June 14th (first filing), probably beforehand - most likely on June 8th, after which point they stopped using a "slide hammer" to affix that bracket.
So all the cars made before June 8th that wasn't delivered yet wasn't "outside of Tesla's control".
e.g. This guy had this fixed yesterday, when he picked up the car:
http://www.teslamotorsclub.com/show...Delivery-in-17-DAYS/page2?p=366402#post366402
"There was a bit of a minor delay during delivery, minor repair was mandated for rear seat latches, they needed to be bolted, not welded connection."
So that car was obviously made before June 8th, and picked up on June 18th. But it would still counts as a car that was never outside of Tesla's control.
So the only cars that are counted in the 1228 range would be cars manufactured between May 10th until around June 1st. Most cars manufactured between June 1st and June 8th would have still been in Tesla's control and wouldn't be counted as part of the 1228.
There's probably some made before June 1st that also hasn't been picked up by the time they started fixing it on delivery, and some manufactured after June 1st (but before June 8th) that made it out unfixed.
JRP3
Hyperactive Member
I think there was so much evidence that it was going to be battery swapping it was no longer a secret.
4,912 would be blowing past the guidance for Q2 of 4,500 cars delivered. In my estimate 4,900 cars would be the minimum requirement to get a profit for Q2 (although Tesla would need some additional profits from ZE-credits and powertrain selling per my back-of-the-envelope calculation). Anyhow...4,900 cars delivered would be great news in my book.
deonb
Active Member
Citizen-T
Active Member
FredTMC
Model S VIN #4925
i was thinking the same... I'm speculating that a couple big invested institutions stepped up and bought at the open to show that there's nothing to worry about with this little recall.
I'm thinking the rumor that GM is going to license TM tech is what's driving the price up...
IMO, there are very few institutions involved in TSLA right now compared to the future. They will have to buy and bid up price. Even more so if TSLA gets added to an index, though I expect the tape will show signs of this before any announcement.
The idea of Big I investors "showing nothing to worry about" and defending certain price points really escapes me from a common sense standpoint. I'd think it was more along the lines of we need to buy and this price is good. Besides that, I expect they give order flow to market maker to fill over time. The job of the market maker is to execute at best price, perhaps scare short term investors out in a selling panic.
The idea of Big I investors "showing nothing to worry about" and defending certain price points really escapes me from a common sense standpoint. I'd think it was more along the lines of we need to buy and this price is good. Besides that, I expect they give order flow to market maker to fill over time. The job of the market maker is to execute at best price, perhaps scare short term investors out in a selling panic.
Citizen-T
Active Member
Woohoo! My calls are now IN THE MONEY. I really didn't expect that to happen.
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So, I think now that we've taken out the $104 the next place we have known resistance is at the all-time high, right? This could get interesting really fast.
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So, I think now that we've taken out the $104 the next place we have known resistance is at the all-time high, right? This could get interesting really fast.
moltenfire
Member
We just broke 106 in a major way up. It looks like many many people are positioning themselves for a positive battery swap announcement. It's time to back up the truck and buy, because who knows if we'd ever get another chance :love:
deonb
Active Member
But what about Palpatine's short position? :scared:
We have to remember to take a moment of silence for our less than fortunate comrades.
bollar
Disgruntled Member
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