New Tesla cars a disaster!

Discussion in 'Environment' started by skookerasbil, Aug 24, 2018.

  1. Sunsettommy
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    Sunsettommy VIP Member Supporting Member

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    Market Watch

    After eight years as a public company, Tesla still has teething problems

    July 1 2018

    EXCERPT:

    "But Tesla’s stock rally has stalled over the past year as analysts remain divided about the company and the colorful Musk, who has taken an increasingly aggressive stance against perceived detractors in recent months.

    The stock has lost 3.3% over the past 12 months, and has shed nearly 10% since the Sept. 18, 2017, record close of $385. Meanwhile, Ford shares have edged up 0.7%, GM’s stock has run up 15% and the S&P 500 has climbed 13% over the past year."

    and his debt continues to grow,

    "Tesla’s free cash flow ballooned to a negative $1 billion in the first quarter from a negative $277 million in the fourth quarter. Analysts were expecting negative free cash flow of $889 million. "
     
  2. mamooth
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    mamooth Gold Member

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    That was an opinion piece, one not shared by Wall Street. Why do you put such stock in it, when Wall Street doesn't?

    That is, what secret knowledge do you think you possess that Wall Street has missed? Tesla is sitting on boatloads of cash, and production is ramping up. Wall Street doesn't see any problems.

    If someone is absolutely certain that Tesla is headed for a collapse, the logical response is shorting the stock. But I recommend you don't, as I think it would lose you money. As I don't foresee any major movement up or down, the logical response for me is to ignore it.
     
  3. skookerasbil
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    skookerasbil Platinum Member

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    Only the climate crusader k00ks think things are magical over at Tesla!:113:
     
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  4. Sunsettommy
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    Sunsettommy VIP Member Supporting Member

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    That is not a straightforward opinion piece since they showed numerous examples of Musk facing LEGAL troubles some that are already filed against him, which means there is hard evidence that he is heading for trouble.

    I didn't mention WS at all, this was from CNN Money who published it.

    Your deflection is dishonest since this is the only mention of WS in the CNN Money article:

    "The Wall Street Journal reported Friday that the SEC has subpoenaed a Tesla parts supplier in a probe into whether it misled investors last year about production of the Model 3, Tesla's least expensive electric car. "

    They posted numerous evidence that things are not going well with Tesla in the article that YOU a Tesla apologist keeps overlooking.
     
  5. mamooth
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    mamooth Gold Member

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    You still haven't explained why Wall Street doesn't see a problem, and why you're not shorting Tesla stock.

    Your cult has been predicting the imminent doom of Tesla nonstop for years now. It's kind of like how your cult has been predicting an imminent ice age for years now. As is always the case, your cult's predictions keep flopping miserably.

    It's not wide-eyed greenies holding Tesla stock. It's cold-hearted hedge fund managers, who have done the research on Tesla and found the financials to be sound. Given your history of failure, why should we believe your alarmist proclamations of doom over their judgement?
     
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  6. Old Rocks
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    Old Rocks Diamond Member

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    LOL



    An EV won the Pike's Peak run, despite losing the back motors halfway up. By 2025 the EV's will dominate any racing venue that they are not outlawed in.
     
  7. Old Rocks
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    Old Rocks Diamond Member

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  8. westwall
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    westwall Diamond Member Gold Supporting Member Supporting Member

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    12.42 miles. Wowee kazowee. Seb Loeb set the record for an ICE powered vehicle back in 2013 at 8.13 seconds, so the 7.57 is a hell of a good record, but Ken Block can beat that record with this car pretty easy. He just didn't try on this run because it wasn't during the official race.

     
  9. Jimmy_Chitwood
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    Jimmy_Chitwood BANNED

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    I tried to short it after his little scam but TDAmeritrade had no share available - sad really.
     
  10. Old Rocks
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    Old Rocks Diamond Member

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    Really? But he did not. And the EV did. And the EV will be back next year. Faster than this year. LOL
     

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