Over the next year, most of us are bullish about where TSLA is going, once the Model X ramp up is clearly doing well. The short term of this stock is always volatile, particularly in times of uncertainty such as the present. I agree that this dip is a wonderful buying opportunity.
Let us not assume that behavior of the company and share prices in the past will be carried forward without modifications. As soon as investors figure out a trend, other investors pop up to stay one step ahead of that trend and in time the trend becomes something that cannot be depended upon. For example, in previous times, the stock would hesitate at the top of a run up for a few days before starting down again. Many investors including myself were for this reason caught off guard when the 280 priced TSLA dropped quickly without the usual pause before the reversal. Lesson learned.
Similarly, I think one should not expect the Model 3 to undergo the same delays as Model S and Model X in reveal and gear up for production. Why? The stakes are too high and Tesla knows this. Chevy's Bolt is coming out in 2017 and Tesla feels the pressure to keep Model 3 on track. Remember that Model 3 depends upon gigafactory ramp up and gigafactory ramp up depends upon Model 3 ramp up to a large extent. Guess what? the gigafactory is on track and Model 3 needs to be too. Model 3 is going to be a simpler design, Tesla has had a team working on it for some time now, and Body Line #1 is going to give way to the Model 3 body line well in advance of mid 2017. We may not see Model 3 revealed in April, but I am willing to bet we see it within a few months afterwards.
Behaviors of the past simply cannot be depended upon in the future. Learn from the past, but be willing to understand that Telsa the company and Tesla investors are all learning as we go forward.
Let us not assume that behavior of the company and share prices in the past will be carried forward without modifications. As soon as investors figure out a trend, other investors pop up to stay one step ahead of that trend and in time the trend becomes something that cannot be depended upon. For example, in previous times, the stock would hesitate at the top of a run up for a few days before starting down again. Many investors including myself were for this reason caught off guard when the 280 priced TSLA dropped quickly without the usual pause before the reversal. Lesson learned.
Similarly, I think one should not expect the Model 3 to undergo the same delays as Model S and Model X in reveal and gear up for production. Why? The stakes are too high and Tesla knows this. Chevy's Bolt is coming out in 2017 and Tesla feels the pressure to keep Model 3 on track. Remember that Model 3 depends upon gigafactory ramp up and gigafactory ramp up depends upon Model 3 ramp up to a large extent. Guess what? the gigafactory is on track and Model 3 needs to be too. Model 3 is going to be a simpler design, Tesla has had a team working on it for some time now, and Body Line #1 is going to give way to the Model 3 body line well in advance of mid 2017. We may not see Model 3 revealed in April, but I am willing to bet we see it within a few months afterwards.
Behaviors of the past simply cannot be depended upon in the future. Learn from the past, but be willing to understand that Telsa the company and Tesla investors are all learning as we go forward.
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