I'm not expecting much this week, going sideways until one of many new tech comes out but if it dips below 295 look for a tweet from EM.
When GM announces some big dealership shutdowns this stock will jump easily 10% day off. And momentum will strike it further.
Tesla is quietly paying off low interest rate SCTY bonds one year early. There is really no good reason to waste a quarter billion on this (paying interest twice) unless SCTY credit lines makes this obligatory: https://seekingalpha.com/article/40...merger?app=1&uprof=51&isDirectRoadblock=false
Like flies drawn to bullshit.. you can just feel them swarming.. they can't tell the difference either between bullshit and quality dirt.
Tesla suit: Autopilot unsafe, based on 'half-baked software' Three Tesla drivers sued the Palo Alto electric vehicle maker over delays receiving an upgraded Autopilot feature for their Model S sedans. In a suit filed in U.S. District Court in San Jose, the customers said they purchased an enhanced version of Autopilot for $5,000 with the promise the system would be installed by December. “Rather than deliver safe and advanced autopilot features, Tesla has delivered software that causes vehicles to behave erratically,” the suit says. (Siliconbeat)
Breaking: Tesla voluntarily recalls around 53K 2016 Model S and Model X vehicles https://techcrunch.com/2017/04/20/t...around-53k-2016-model-s-and-model-x-vehicles/
Sooner or later. I am surprised the stock is down only 1%. Tesla recalls 53000 Model S and Model X cars for parking brake issue http://www.cnbc.com/2017/04/20/tesl...and-model-x-cars-for-parking-brake-issue.html