SpaceX is offtopic except Musk might merge it with Tesla for selling more stocks. That being said: 1. SpaceX has competition. Beside Bezo's Blue Origin, here is a new one from China: http://seekingalpha.com/news/3251881-new-spacex-rival 2. If SpaceX financially is led the same way as Tesla and SolarCity, then it is going down like a rock. 3. Don't these guys have insurance?: "SpaceX financial records show huge loss in 2015 due to rocket explosion" http://www.bizjournals.com/losangel...financial-records-show-huge-loss-in-2015.html About their huge profit margin: "Despite significant revenue growth, profits remained thin over that time period. In 2014, for example, SpaceX took in about $50 million in operating income on more than $1 billion of launch revenue."
Raoul Pal liked Thomas Thornton@TommyThornton 11h11 hours ago Thomas Thornton Retweeted InsideEVs If you make 100% on a short and never cover you don't pay tax. $TSLA could be the next 100% short Thomas Thornton added, InsideEVs@InsideEVs Elon Musk’s Borrowing Of Hundreds Of Millions Called Into Question http://insideevs.com/elon-musks-borrowing-hundreds-millions-questioned/… 11 replies 8 retweets 31 likes
Raoul Pal liked Jonathan TepperVerified account@jtepper2 13h13 hours ago Jonathan Tepper Retweeted InsideEVs A CEO borrowing heavily against his own stock. Where have I seen this before? Worldcom and Valeant come to mind. Jonathan Tepper added, InsideEVs@InsideEVs Elon Musk’s Borrowing Of Hundreds Of Millions Called Into Question http://insideevs.com/elon-musks-borrowing-hundreds-millions-questioned/… 8 replies 29 retweets 62 likes
I don't buy the whole "genius" theater around Musk but he's no idiot. He's milking this Renaissance man spiel for all its' worth and knows how to raise a buck. I'm apprehensive on betting against the guy on this alone. Not on his genius, but others' gullibility. I'm continuously gobsmacked by people's stupidity.
This is pretty interesting. http://seekingalpha.com/article/405...chances-increased-exponentially-capital-raise Musk is just going to put the Model 3's on the road without testing. What a recipe for disaster. They also announced yesterday the discontinuation of the Model S, the current entry level offering. http://www.autoblog.com/2017/03/18/tesla-model-s-60-quietly-discontinued/ After watching the stock's action all day Thurs and Friday... I gotta believe its at a 52 week high going forward. Its not looking good thats for sure. Expect the $250's this week. Easy.
1st article is concerning, but I don't remember if Tesla tested the model S much before release?2nd article is misleading, only the entry level trim of the S is being discontinued allegedly because most opt in for the more expensive S models. Interesting that the only difference between the s60 and s75 is a 6500$ SW handicap.
What the hell was that "secret" conference call with certain investors? http://seekingalpha.com/article/4056212-secret-tesla-investor-call-invited Anyhow, I think the stock will stay range bound until July. When the M3 keeps getting pushed back and people realize that it is not coming out soon or in good reliable condition, the stock might take a hit. But Elon will keep tweeting and I am sure he has a couple of good news up in his sleeve to keep the stock floating...