http://www.investors.com/news/techn...-cash-burn-for-the-next-4-5-weeks/?yptr=yahoo http://www.investors.com/news/techn...n-comes-at-worst-possible-time-for-elon-musk/ http://blogs.barrons.com/stockstowa...p-today/?mod=yahoobarrons&ru=yahoo&yptr=yahoo http://finance.yahoo.com/news/wsj-musk-faces-financial-crunches-150216250.html http://finance.yahoo.com/news/tesla-falls-solarcity-cash-needs-150122711.html http://www.msn.com/en-us/money/stockdetails/financials/fi-126.1.TSLA.NAS http://stockcharts.com/h-sc/ui?s=TSLA Musk may finally have over extended himself. The mysterious merger with solarcity may be a desperate move to save solarcity from bankruptcy but Tesla doesn't have the resources without further funding. Will the market advance more cash, can Musk put his personal fortune on the table or let the whole thing blow up?? http://www.forbes.com/profile/elon-musk/ http://bgr.com/2016/09/02/elon-musk-tesla-stock-net-worth-takes-billion-dollar-dive/ meanwhile: http://www.investors.com/news/techn...-says-tesla-ready-to-update-autopilot-system/ https://en.wikipedia.org/wiki/Chapter_11,_Title_11,_United_States_Code Trade: With TSLA at 197.78 Mar 270/275 Bear Call Spread for a net credit of $44 Yield = 44/456 = 9.6% in 194 days or 18.2% annualized Prob = 90% Expectation = .9(44) - .09(456) - .01(228) = 39.6 - 41.0 - 2.28 = -3.7 Price............ Profit / Loss ..............ROM % 150.00................. 44.00.................. 9.60% 200.00................. 44.00.................. 9.60% 225.00................. 44.00.................. 9.60% 250.00................. 44.00.................. 9.60% 260.00................. 44.00.................. 9.60% 270.44................... 0.00.................. 0.00% 275.00.............. (456.00)............... -90.40% 300.00.............. (456.00)............... -90.40% 325.00.............. (456.00)............... -90.40%
The guy secured funding through the gov... He is in bed with the money printers... Good luck... You'll probably still earn that far out of the money
We're going DOWN, DOWN, DOWN...TSLA under 200 ? Wow, I see no support till 100. What an over-priced POS.
http://stockcharts.com/h-sc/ui?s=tsla So TSLA is continuing to decay. A couple of news items are helping to push it down: 1. The Amsterdam crash: http://www.investopedia.com/news/dr...es-fire-tsla-scty/?partner=YahooSA&yptr=yahoo 2.The Underperform (sell) rating by Cohen: http://finance.yahoo.com/news/theres-tesla-bear-wall-street-125350785.html http://blogs.barrons.com/stockstowa...n-right/?mod=yahoobarrons&ru=yahoo&yptr=yahoo Jim Cramer considers the Cohen sell a "Cheap Shot" https://www.thestreet.com/story/136...p-shot.html?puc=yahoo&cm_ven=YAHOO&yptr=yahoo On the other side TSLA has secured a 300M credit line from Deutsche Bank: http://www.investors.com/news/techn...on-credit-line-from-deutsche-bank/?yptr=yahoo But will need a lot more funding soon. https://www.thestreet.com/story/136...hortcut-on-tesla-s-path-to-profitability.html So what am I doing with TSLA...nothing. My bear call spread stands. Somewhere in here TSLA will be a buy. Cohen thinks it's at $160. (if you expand that stock chart to weekly you can see a rationalization for that $160 bottom) Today a Mar 160/155 bull put spread would yield as much as $100 giving me a Condor. Could happen... but TSLA is not a Condor stock today.
HF manager tears Tesla appart: http://fortune.com/2016/09/13/tesla-amazon-stock-solarcity-jim-chanos/
https://www.yahoo.com/news/tesla-wins-gigantic-contract-help-145013915.html http://www.bloomberg.com/news/artic...e-battery-storage-after-porter-ranch-gas-leak http://stockcharts.com/h-sc/ui?s=tsla To the poster who called my original bear call spread "chicken" and thought I should have made it a tighter in spread: This is why TSLA is not company or stock to take lightly. I pulled together a wide range of information to put in that original opinion. I said recently above that it was too soon to add a bull put spread to the bear call spread to get a condor saying that TSLA was not yet a condor stock. We'll see on Monday what the response to this is and make any adjustment necessary.
$2.9 million / 2 MW x 20 MW = $29 million in incremental revenue I'm going to go out on a limb and say that this won't have much of an impact to TSLA in the short-term.
http://www.reuters.com/article/us-tesla-deliveries-idUSKCN1220UR http://stockcharts.com/h-sc/ui?s=tsla We're running: Mar 270/275 Bear Call Spread for a net credit of $44 Lots of head room left. I may be able to get filled on a MAR 150/145 bull put spread at $50 to give me my condor. This would add 10% to the yield at an 86% prob.
----- From Modern Trader magazine, September; page 69. " Tesla trades for $620,000 for every car they delivered in 2015 and $63,000 for every car it hopes to produce in 2020. GM trades for $4,800 for every car they produced in 2015. " ---- I hope like heck Musk survives, but he needs to get it all together and make a profit.