I wonder when the public is going to stop sucking on Elon's dick. The guy is just an outright liar: Here are the actual delivery numbers, if we can believe that these are all new cars: 1Q15 = 10,030 2Q15 = 11,507 3Q15 = 11,580 Now here is what Elon's guidance was: "26,843 cars in 4Q? That's what it would take to meet Elon's original claims made repeatedly through 2014. 21,843 cars in 4Q? That's what it would take to meet Elon's formal guidance given at the presentation of 2014 results in February, 2015 -- just 6 months ago. 16,843 in 4Q? That's what it would take to meet the lowest point of the guidance they gave on August 5, 2015 -- that's just 57 days ago, folks." He is obviously just pulling those numbers out of his ass. The truth is that there is really no demand for more than 45-50K Teslas at that price per year. So there will be no run up of production because the company is DEMAND constrained.... (as opposed to the lie of production constrained)
I love this, Tesla as a non-profit organization: " Since profits are not on Elon's mind at least not for some years to come, perhaps Tsla should be considered like a non profit organization which aim is to push other car makers in car electrification. As longs here always mention that they are in for the long run it could be interpreted that the tsla shares they are holding are actually donations for a project they thing is needed for improvement of society. Then shorts would not have to worry about tsla being a bubble more than they would worry about the red cross being a bubble." http://seekingalpha.com/news/2810676-tesla-delivers-11580-vehicles-in-q3
$TSLA closed down 0.57 percent on Monday, October 5, 2015, on 83 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.
$TSLA continues to go sideways. I am in the camp it will revisit 192. Mkt tanks even more it will break sideways trend.