The company had a total of 518,000 preorders but 455,000 net orders at last count. By Johan, Bhuiyan@JMBooyah Aug 2, 2017, 8:29pm EDT In 2017 already +68,000 cancellations because of huge delivery problems. And cancellations still rising due to uncertainty and problems of all kind. https://www.cheatsheet.com/money-career/why-im-ditching-my-tesla-model-3-reservation.html/ 455,000 orders that have no clue what they will finally receive (quality?). 455,000 orders that have no clue when they will finally receive. 455,000 orders that have no clue if they will finally receive. Also a lot of speculators who buy and hope to sell later at the much higher price. Same happened with the Vision SF50 jet. A lot of deliveries for 2018 and later for sale now. Same happened with the Volkswagen Beetle. A lot of orders from speculators but the car never became a succes. In trading my experience is that you should never follow mass behavior. Buying bitcoins in the last month of 2017 was not a good idea too. PS: did you know that apparently TESLA NEVER tests a produced car before delivery to the client? So the client should find out if there are any problems. And in past there were quiet a few problems. https://www.msn.com/en-us/autos/new...or-possible-quality-control-issues/ar-BBF0Yix
For those who haven't drank the coolaid: 1. Nobody knows the exact number of deposits, Tesla lies about it or simply just doesn't report it. 2. Preorders don't mean shit anyway, paid off purchases do. Yes, some people are just speculating with their preorder and they might sell their early number/car to others for profit. 3. The M3 has been in production since June and they still can't make 2000/week, some automaker for sure...
I don't really have a dog in this fight, but Pekelo you're veering off into paranoid black helicopters guy territory with an assertion that a publicly traded company is fabricating deposit numbers that they're publicly reporting. I mean if you actually know about this, there's a pretty substantial award the SEC provides for reporting things of this nature. If you just made it up, well I'm not a lawyer but I think that's called libel? Not sure what it is about Tesla that has you so spun up, you seem even keeled and reasonable about pretty much everything else and just trip off line when it comes to Tesla.
jeeeze...firstly this is a difference of opinion. i'm a card carrying Reagan Republican who can see the amazing possibilities in Tesla. your 1-3 points again are made up..again, you are unique. hey Herr Schweiz...u ever hear of the Mission E? hmmm...this was one of the main drives for Tesla; to change the industry. its happening far far faster than i thought. you guys are missing the big picture; but that's ok. yes, they can go bankrupt or not.
Because the fucker lies and manipulates the stock all the time and the SEC does nothing. If it was anybody else, he had been kicked off of the company's board, but Elon gets away with everything. Not just my opinion, Cramer thinks Elon should be in financial jail. "We will have no need for another capital raise." Yet here we are 5 raises later...
I thought so, but I always like confirmations from others. Anyhow, I am the only one here who correctly predicted where TSLA's price was going to be for 9 months, using Iron Condors...
Cramer? who called jail bird Lenny Nails Dykstra one of the best stock pickers he ever saw? i'll pass on Cramer's opinions
There was an audio-file on fattail.org of me calling Dykstra and leaving a message, and his return msg on my cell. This was during the time that he was selling off home fixtures and his ring at a pawn shop. I told him that I was working for MLNM (I was) and that we were interested in bringing him on. It was priceless. I think that Ocho may recall.
That was a good trade, but one of the worst trades available if you were predicting price. IOW, a 100/900 wing IC would also be "predictive" in that sense.