Why is the stock getting hammered?

[bonnie]

I suspect this was because model x prototypes may have been in production. the factory appeared fully staffed.

Just to keep rumors from starting, X has not been in production in Fremont. That would not be the reason you were unable to see the line in action.

 

[FredTMC]

I'm looking forward to news of model x alphas/betas in testing on the street. A simple tweet or spy photo would be nice. Hitting 200 day MA is enough of a sell off for me...

 

[Chickenlittle]

Just to keep rumors from starting, X has not been in production in Fremont. That would not be the reason you were unable to see the line in action.

not general production but production of the alphas

 

[N4HHE]

New product announcement, new features. You woudl think the investor community would be happy. What is going on?

Same thing happens with AAPL. Speculators pump the price up prior to an announcement and then reality sets in. AAPL almost always falls hard immediately after new product announcements. A week or three later all is caught up again.