> epicentre of bad news Up $17 on "bad news" -- imagine if there were good news! TSLA Last: 284.72 Chg ($): 17.19
I've owned TSLA for years and for the first time ever my broker offered to loan mine out. Interesting goings on!
This is how you game the EV credit system: (from SA comments) "I wrote months ago if I was running Tesla with where I believe they are in hitting 200k U.S. sales, I would be pumping up production in hopes of catching as many sales as possible after hitting 200K shortly after July 1." Indeed. Tesla is delaying Model S/X US sales, doing as much international sales as possible in Q2 to reach 200k mark in July. This also help to make Q3 as best as possible. So, we are looking at full FTC for all of 2018, half of it ($3750) in Q1-Q2 2019, and a quarter of it ($1875) in Q3-Q4 2019. Anyway, this is the first step that is important. A boost in sales in Q4 will be followed by a plunge in sales in Q1 in the US."
Musk rethinking aggressive automation for Tesla Model 3 In early 2017, Elon Musk told stock analysts that Tesla Inc.'s goal "is to be the best manufacturer on Earth." He'd get there by inventing a factory dense with robots and devoid of human beings. Instead, Tesla this week was forced to bring the Fremont, Calif., production line of its crucial mass-market Model 3 electric sedan to a complete halt, according to the company. It is at least the second shutdown in the last two months. And in an internal email, Musk said Tesla will add workers and go to round-the-clock production to meet goals.(Los Angeles Times)