So let's see. At that production, they gotta deliver them all. 35,000 - 55,000 each is 175M-275M sales per week for model 3 Add in the 375M week from the S/X lines assuming 75K each that is 550M sales in a week, if they sustain, would be 6.6 B sales per quarter 26.4B sales per annum. That is >100% growth. At what profit do they say? And they are aiming for increased production, more factories, more models, more product lines. Potential catalysts: China Factory Model Y Semi Roadster Truck Other factories? Increased production
Without reading through the thread - does anyone own a Tesla and, if so, what are your thoughts about it?
Damn, was I right about the produced number? 7x700=4900 that is about how much they made ina week plus added Sunday morning to make it pass 5K...Looks like the stock has no staying power, it is pretty much back to Friday's close after being up 20 bucks... Anyhow: "CFRA apparently just lowered Tesla from hold to sell. They also find the report that Tesla is asking for an additional $2500 non refundable deposit to configure "unnerving"."
Wall Street just "Tweeted" back this morning. Whether it's selling on news or calling Elon Musk's bluffs, it's a spectacular dive for the memories. $364 to $333 in less than 3 hours. 333 day low. Betting on a bounce here. Still waiting for your 666?
I am not even convinced Tesla has actually produced the 5000 Model 3s week fair and square (skipping 300 welding points?). I suspect many aren't fully completed or ready for delivery. Elon Musk has been a joke as a CEO at Tesla, more concerned about tweeting, hyping, and meeting overdue targets. It's not clear how much the market has priced in Tesla's potential China factory plan. Musk will likely have a hard time getting a good deal from Chinese authorities with the Orange nut job at the White House. Won't be surprised if TSLA drops further to $325 later today.