Like I said... Every Friday PM like clockwork. Look at the last 20 minutes. That Friday PM straddle when theta is exhausted is a good play on this thing. And no... I didn't play it. But just sayin.
Well according to morning star Fair Value Estimate - 197 USD Consider Buy - 98.5 USD Consider Sell - 344.75 USD Bulls Say • Tesla has the potential to change the world with long-range EV technology and battery technology that can store solar energy that its products generate. • The cost advantage of recharging over gasoline is significant, and gas will probably never be able to catch up. Furthermore, the instant torque of EVs makes them fun to drive, as the vehicle is always at full power. • Its unique Supercharger network makes Tesla the only automaker directly trying to alleviate the range anxiety of buying an EV. Bears Say • Investing in Tesla carries tremendous uncertainty. The market has very high expectations for the stock, so a slowdown in growth, execution problems, or lack of capital could lead to a severe decline in the stock price. • The success of Tesla's move into energy storage is highly uncertain and a SolarCity acquisition adds to that uncertainty. • Mass EV adoption by consumers could be many more years away than Tesla expects. If demand does not materialize, the company is likely to struggle to recoup the costs of the gigafactory. Audi, BMW, and Mercedes are no longer ignoring BEVs either. p.s. But I would not consider buying put or shorting it now. Especially when the current price is above the intrinsic value. It's better to wait until there is bad news that could confirm the bearish on Tsla.
China market is 3 times bigger than US market and Elon will crack the code soon, Tencent acting as adviser (more like broker) strap up.
Market is not even open and it is up $7, on this: http://www.cnbc.com/2017/04/10/tesla-gets-highest-price-forecast-ever-from-a-major-analyst.html
FOLLOW subscribe SHARE April 11, 2017 Good morning. Tesla nudged past GM in market value yesterday, reaching $51 billion, even though the company sold just 76,230 cars last year – compared to GM’s 10 million. To do the math for you, that means Tesla has less than one percent of GM’s market share. And by the way, Tesla lost three quarters of a billion dollars last year. But never mind. Investors seem to believe Elon Musk, whose ambitions include colonizing Mars, has already escaped the gravity of financial markets. “In the minds of its customers, employees, and shareholders, Tesla isn’t just another company,” according to research firm Piper, whose report putting a price target of $368 on the stock, well above yesterday’s $312 close. Take a moment to give Musk due credit. What he has done is beyond anyone’s ability to imagine a decade ago. He has created a new car company from scratch, built an electric sports car that people love, and taken the lead in autonomous driving. Still, does that justify a market value of $51 billion? Not unless you believe the leaders of Ford, GM, and Toyota are asleep at the switch, and will simply hand over the market to their upstart rival. Musk and GM CEO Mary Barra are both scheduled to be at the White House today, to discuss tax reform and infrastructure with President Trump. One question on the table: should the government end tax incentives for Musk’s pricy electric cars? More news below. Alan Murray @alansmurray alan.murray@fortune.com
Two weeks ago we were arguing here, and someone said that it doesn't worth a penny. Look at it now. Though, I am pretty sure a month from now it will be back to $170.
People said the same about pets.com on the way up. The fundamentals haven't changed. I don't say it doesn't worth anything because they have like 10 billions in obligation so their worth is probably negative. (just messing with ya)