Interesting article about TSLA from zerohedge..... ------ As Bloomberg points out this morning, Musk is guiding the market to production volumes of 10,000 Model 3's per week by 2018, or roughly 5x his current volumes for the Model S and Model X, combined. First, Musk said the company is placing orders with suppliers for “1,000 cars a week in July, 2,000 a week in August, and 4,000 a week in September.” 1 Tesla then plans to increase production to 5,000 cars a week by the end of the year, and 10,000 a week by the end of 2018. For context, the company is currently able to make about 2,000 Model S and Model X cars a week. And while it's certainly reasonable to assume that a lower-priced Tesla will have more of a mass market appeal than previous, more expensive models, it just might be a stretch to assume the new car will out sale the BMW 3 Series and Mercedes C Class, combined, in it's first year of production. To sell that many $35,000 sedans in the U.S. “would be absolutely unprecedented based on what we know about car markets today and how people spend their dollars,” said Salim Morsy, electric car analyst at Bloomberg New Energy Finance. “It could happen. I’m pretty sure it won’t.” Virtually every Wall Street analyst agrees. Even the most bullish among them don’t think Tesla can sell half a million electric cars next year, and Musk has a long history of never setting a deadline that he’s likely to keep. http://www.zerohedge.com/news/2017-...fail-his-model-3-production-guidance-hint-yes
Throwing gasoline on puts again today. Shorts didn't learn at $50, $100, $150, $200, $250, & probably won't learn at $300+
Tesla is set to release Q1 delivery numbers on Monday. That compounded with Elon on Twitter might see a nice run to start the week.
Cramer opening tonight with a TSLA bull rant.... Comparing it to an AMZN from a "shorts in pain" perspective. Touting the Chinese investment. Know what that means? It means I'm not getting my $283 short entry. Tops in. Its a friggin car company. Unproven at that. Toyota road tests new models for 2 tears before being sold. Elon is better than Toyota quality I guess. 5000/month. Ready or not, here we come! What a joke. I should have entered today at $282. I hope it spikes up at the open tomorrow. These puts are gold.