Short-Term TSLA Price Movements - 2015

[ev-enthusiast]

What is suddenly up?

Dropping like a stone down to $214!

Rumor about entire Model S fleet recall because of seat belt?!

 

[MartinAustin]

Quite the tumble going on

 

[Scott Ales]

Quite the tumble going on

Fumbling around, weird.

 

[replicant]

Reuters: Tesla recalling 90,000 Model S sedans to check seat belts

Tesla Motors Inc said Friday it is recalling all 90,000 Model S sedans produced to check for a possible defect in the front seat belt assemblies. The cost of the worldwide recall will be "immaterial," the company said. The problem was discovered after a single report to the company in early November of a seatbelt assembly breaking when a customer in the front passenger seat of a Model S on the road in Europe turned to talk with passengers in the rear seat.

 

[Bobbyducati]

seat belt recall for 90k MS. interesting.

 

[austinEV]

returned to the 20day... alarmingly fast. see if it holds here.

 

[FredTMC]

seat belt recall. affects all MS fleet

 

[MartinAustin]

Mind you... just look back at the 1-month chart. You will see quite a few days with more volatility than what has happened so far today!

 

[austinEV]

seat belt recall. affects all MS fleet

A link for the curious: http://www.reuters.com/article/2015/11/20/tesla-recall-idUSL1N13F16K20151120

Sounds like any routine recall.

 

[Electrifying]

By Mike Ramsey

Tesla Motors Inc. is recalling its fleet of 90,000 Model S vehicles after an owner in Europe had an issue with a bolt holding the seat belt system in place coming loose.

Tesla said the owner wasn't involved in an accident and the auto maker has determined the flaw was an installation issue, not a problem with the fastener. Tesla is asking all its customers to have their vehicles inspected.

The company previously recalled its vehicles to add a protective plate under the vehicle to guard the battery from roadway objects. It also performed a software update to detect problems with charging.

Tesla notified customers in an e-mail Friday.

Write to Mike Ramsey at [email protected]

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

(END) Dow Jones Newswires

November 20, 2015 12:08 ET (17:08 GMT)

 

[ev-enthusiast]

reuters

 

[Scott Ales]

300k volume when the news hit, then a bit of a rebound.

Someone really got scared!

Good news, buyers jumped in instantly!

 

[Johan]

Wait times for service will go up. Slightly

I love the safety proactive thinking. Screw the stock, screw perception. A true dedication to safety without hesitation.

 

[austinEV]

yay, an entry point!

 

[Scott Ales]

Wait times for service will go up. Slightly

I love the safety proactive thinking. Screw the stock, screw perception. A true dedication to safety without hesitation.

Completely agree. Would never want to have artificially profited by putting anyone's life or well being at risk. I would rather loose my entire investment than have anyone get hurt.

- - - Updated - - -

This could test the bottom again, I don't care. Plenty of room for new or current entrants to the stock if nothing else.

Should be a really crazy day now! Big volume today folks.

 

[Drax7]

Pathetic price break on 1 out of 90,000 seat belts.

An asteroid approaching earth would have less of an impact.

 

[ev-enthusiast]

yay, an entry point!

Same here
Bought only a bit.
We will see how this pans out.

 

[Bobbyducati]

might be picking up some calls here shortly. Worried its not done going down, seems like it got off easy, relative to how the market usually treats TSLA.

 

[Scott Ales]

Way too risky to sell hoping to buy back in at lower entry. If EM has anything to pull off the shelf for support one could be rushed over the weekend. Even though he claims the SP is not on his radar.

Pure entertainment for me at this point.

- - - Updated - - -

might be picking up some calls here shortly. Worried its not done going down, seems like it got off easy, relative to how the market usually treats TSLA.

I'm not brave enough to go either way. Might as well head to Vegas for the weekend than play this game.

 

[aznt1217]

Pathetic price break on 1 out of 90,000 seat belts.

An asteroid approaching earth would have less of an impact.

It's actually more like 500K seat belts... assuming each car has an average of 4.5 (child seats and such)