Forums

TSLA just hit 50

TSLA just hit 50

And i sold 3 weeks ago at 45 damn it !

It's been a week waiting for it to drop a bit but its going super strong !

Carefree | April 22, 2013

The shorts are being squeezed big time. The earliest it will pull back significantly is right after the earnings release. I am sure the positive news is baked into the stock already at this point in time.

kilimats | April 22, 2013

any ETA on this earning release ?

Aleksandyr | April 22, 2013

5/6 for earnings.

kilimats | April 22, 2013

where do you guys get those info from ?

Aleksandyr | April 22, 2013

I use etrade. yahoo finance will show you everything you could want. Look at key statistics for short float, now 62%. company events lists the earnings announcement

eAdopter | April 22, 2013

My 2 cents: Don't expect a pullback on 5/6. Why? Because that's what everyone is expecting. Also, TM has a practical monopoly on the premium EV market and almost no one has noticed...yet.

bradslee | April 22, 2013

On May 6, I think TSLA will likely perform the same way as Netflix did today after the market.

lobo426 | April 22, 2013

Let's hope it does, I missed the buying opportunity on netflix. Now I just need more Tesla shares

gregv64 | April 22, 2013

Just to be clear, the 5/6 data on yahoo is just an estimate. Tesla hasn't announced an earnings date yet. Last quarter yahoo estimated 2/11 and they ended up announcing on 2/20.

kilimats | April 22, 2013

what happened to NEFLIX, confused...

David M. | April 22, 2013

TSLA at $50.19
Well, I guess this is the beginning of the "tsunami of hurt" for short sellers that was predicted late last year. Those folks had more than fair warning. I don't feel so bad for the ones that are still sticking around.

For Model S owners and Tesla investors (like myself), it's like having Christmas, followed up by my birthday! Thank you, thank you!
Perpetual Tesla grin :)

rdalcanto | April 22, 2013

Well, I just ordered 100 shares, and another 100 if it goes back down to 47. Now I just need to order a car and help the earnings report....

gary.greene | April 22, 2013

Good for you rdalcanto. We bought 100 shares at 31 so obviously we're feeling pretty good right now. Considering buying more, but unsure of where the stock is going to go in the next 6 months. Anyone have input on the subject? Would appreciate hearing from others. PS-Love my 60 kwh-what a buy, what a car!

rdalcanto | April 22, 2013

Let me start by saying I don't know anything about stocks or the market. But, TREFIS PRICE ANALYSIS on e-trade suggests that the stock is over-valued by 19% right now. There could be a big correction back down to 40, but who knows. If we wait for 40 or 45 again, we might be waiting for ever.... I think TESLA will do o.k. if the big automakers don't jump in with a quality electric to compete with the Model S and X in the next few years. With their dealer networks and large size, if Ford, or a similar company, suddenly comes out with a similar vehicle, TESLA could be in trouble.

Sudre_ | April 22, 2013

You can't really ask about what the price will be and go with it. It's something you have to look over and research and form your own opinion. I bought a little under $30 so I am pretty happy right now but I am in for the long haul although I did sell some for the down payment on my S.

I think it is going to get to $80 (still won't sell-long haul) but you should take that with a grain of salt because I am not an expert. It could be 4 years from now if Tesla gets the GenIII out at the price they say before another car maker then this might be a stock worth a fortune... like having the first shares in Coke or Pepsi or Apple. Remember that every single car maker except Nissan still say's the S can't happen and it has.

Things to think about.
The state by state franchise bull.
Super charger roll out. (must happen)
Power source tech that eliminates the need to condition the battery. Tesla's only EV advantage.

A short squeeze might get me to sell. If Tesla gets into the 150-200 range (very unlikely) from a short squeeze I will consider selling because once the squeeze is over there is a good chance it will settle down a few months later to less at which point I'll buy it back. We can't leave the shorts in an upward spiraling curve forever can we? :-)

jdb | April 22, 2013

When received the Sig pefromance model in mid December my wife was very impressed with car. She said "remember in the 1980"s when we bought first Apple computer ( believe it was the IIE or something like that, very rudimentary) well we should have invested an equal amount in Apple stock. This reminds me of that". Now, I never buy individual stocks. But went ahead then and got several thousand shares, almost equal to price of car. And believe that my wife may be right. Stock gains may end up paying for car. And at any rate, do love this vehicle, waiting for Model X and have vowed never to buy another ICE car. Unless produced by Apple.

Bubba2000 | April 22, 2013

I am long because I think Elon Musk will make the right design, engineering and management decisions. Why? Because he has a track record of doing so with Zip2, PayPal, SpaceX and Tesla so far. In the short term, I think that Tesla has fine tuned their supply chain and manufacturing plant, while exceeding production forecasts. There is huge operating leverage here and the street is barely pricing these developments.

I expect demand to sustain with geographic extension of the market to include Europe. The SC network expansion will add value to the car. MS will be able to take most long trips. Then the market will expand from just hi end early adopters to "mass market" hi end customers that normally buy S550, BMW750, A8, etc.

The MS battery capacity may increase over time and features added and prices may come down to drive demand up. MX will increase demand too. Tesla could do well for the time being selling MS+X in moderate volumes like 50,000-100,000/year as prices come down with economies of scale and steady decrease in battery costs as capacity goes up. I am not even counting on money from GIII while holding the shares. I know the volatility will be huge and cause a lot of anxiety for shorts and longs.

mrspaghetti | April 22, 2013

@Sudre +1
@jdb +1

Definitely a long term hold. Think MSFT, AAPL.

church70 | April 22, 2013

Go all in long term and we can all win

http://www.teslamotors.com/en_CA/forum/forums/unbelievable-statement-aud...

I am saving %720/mo on gas in Canada 1.30 per Litre low-Grade Unleaded Gasoline so that is like 5.20 for 1 us gallon
Now in the uk it is like 7.37 dollars per gallon or more
European average fuel price per gallon 7.37 dollars per gallon or more its more I can go on but not now lol just get it and love it

gregv64 | April 23, 2013

Tesla just announced they'll release results on May 8th.

Whity Whiteman | April 23, 2013

midnight in Germany- time for a post on this one.
To all the bashers out there, still writing Tesla and EVs down:
You don't have any idea. As stockholder I just think this.

If Tesla sells 20.000 Cars in 2013
Profit apr. 400 Mio P/E 20 Market cap 8 billion

If Tesla sells 100.000 Cars in 2014
Profit apr. 2 billion P/E 20 Market cap 40 billion

And this is just revenue from the S.
Actually market cap 5.8billion

8 billion Stockprice 70$
40 billion Stockprice 350$

Am I wrong? Answers- Questions- Suggestions?
The question is: Do I get out, when I reach the full price of my S or do I go ultra-long-term for retirement later?

Bubba2000 | April 23, 2013

Whity Whiteman,
I am doing my math a little different. I think that if TSLA deploys SC network in the US and Europe, demand will go beyond hi end early adopters to hi end regular customers. Add to that Model X. Then sales of 50,000 cars with ASP of $80k are possible. $4B in sales and $1B gross profits. $500M after overhead and research. PE of 25 and the stock is worth 100+ share even if there is some dilution to raise money and finance MX expansion.

The real big money comes in if the battery tech evolves and capacity double, but cost/KW-Hr drops by half. All kinds of new techs are being investigated. Then Tesla hits the mass market. Of course, competition will move in too. Like any other tech stock - MSFT, INTC, CSCO, QCOM, AAPLE - once the S-Curve growth is near the end, it is best to exit.

For now, I am happy with $50/s, but $100/s would be great. Got to have an exit plan.

ncn | April 23, 2013

FWIW, as far as I can tell, the entire planned Model S and Model X production, and the full profit off it, is already figured into the stock price. Stock buyers must expect Gen3 to be a success.

jdb | April 23, 2013

Agree with Bubba20000, mrspaghetti and church70. I plan to hold TSLA stock for long term, looking at at least until after receive Model X in 2015. Yes, there will be lots of volatility. But there was a lot of volatility in AAPL in 1980s and later. Put it away and forget about it for now. Enjoy the ride.

nickjhowe | April 23, 2013

FYI:

TESLA MOTORS, INC. 2013 Annual Meeting of Stockholders

MEETING DATE: June 4, 2013
RECORD DATE: April 10, 2013
CUSIP NUMBER: 88160R101
CONTROL NUMBER: 633871711239

Brian H | April 24, 2013

ncn;
Yes, success of MS and MX are being priced in -- but not as certainties. The different estimated likelihoods are the distinguishing factors determining at each price level who is a buyer and who is a seller. Except for those just playing the market as pure mob psychology. "Trend followers/exploiters". P/E ratios are just expressions of those guesses. BION, AAPL has a P/E <10!! In the same range as GM!! The first is a powerhouse, and the second is a dead company walking. Go figger.

Benz | April 24, 2013

About a week ago 31 million shares that were short, I think?
Has the number of TSLA short shares decreased yet?

ghillair | April 24, 2013

Benz

Short figures are published for the middle and end of each month, but with about a ten day delay. The figures for April 15 should be out in the next few days.

http://www.nasdaq.com/symbol/tsla/short-interest

Mark22 | April 24, 2013

Here is my plan.
I already have a position, but I am going to take the money that would have gone towards gasoline minus the cost of electricity for charging, and buy TSLA stock.
In a number of years, if everything goes well, I will sell and use that to build my net zero house:)

jbunn | April 24, 2013

Killimats,

Ah, don't feel bad. We all want to buy at the absolute bottom, and sell at the absolute top. I wish I could get daily delivery of tomorrow's newspaper. Pretty much 100% of the time your timing is guaranteed to be off...

Can't win every one. (I'm in the same boat) Hopefully, you did make a tidy profit though.

CC | April 24, 2013

:) Tesla grin for both the stock and the driving experience!

jonesxander | April 24, 2013

Hey guys! Have been here since 2011, just reading, posted a few things.

I've bought TSLA at 26.10(I remember because a) it's listed in my gains/losses from last year, and b) that number 2610 holds meaning to me), sold at 30.00. Bought again at 27.00, sold again at 31.00. Etc, etc,.

It has been an awesome ride, especially since this is my first stock I've ever traded lol. Literally just got my TD account in July 2012.(feel free to check the price charts 1yr back)

Anyway, could yesterday's drop in price be because of 1)the washington scare thing or 2)the Virginia ruling reports?

Keep in mind that for every state that doesn't play ball, the stock will go up. For every state that does, it will go up. This will be a LOOOONG battle, unless Mr. Musk can do it on the federal level.

So be ready for ups/downs, surges, pull backs, as jbunn@hotmail said, timing will always be off. It would be awesome if someone could make like red/blue states for which ones support Tesla/direct sales, and which ones don't. It would be awesome. You could add dates for major rulings for each state. I bought aTesla Motors T shirt, and I swear I'll wear it each of those days, like I would my favorite football team on Sundays lol.

I GUYS GET ON THIS! SEND ME THE LINK! I NEED EASY TO DIGEST INFORMATION lol.

I'm lucky to be able to go to Newport Beach, CA, 5 miles away and check out a Tesla Model S and sit inside. It's lovely. Never driven one though. The more people that never see one in person, the more that won't buy one.

How about this, to end my rant. Why don't we get some Model S owners together (I wish I could count myself among them), and drive through states that outlaw them? lol. Vacation and you know, a petition if you will.

That'll show them.

T-E-S-L-A
What does that spell? GOOOOOOO TESLA!!!!

*backflips, somersault*

mwojcie | April 24, 2013

I've got close to 2,000 shares now some in the mid 30's and some around 42. I put my money where my heart is - in tesla!

Vawlkus | April 25, 2013

Wish I had the ready cash to do the same mwo. All I have is 240 shares, but I got em back when they were 30ish a piece. I'm halfway to doubling my money, but I'm hoping for more in the long run.

KevinR.co.us | April 25, 2013

It looks like shorts have remained about the same. So I'm thinking the squeeze hasn't really started YET

http://www.nasdaq.com/symbol/tsla/short-interest

kilimats | April 30, 2013

will it stop rising sometimes? 57 for christ sake !

bradslee | April 30, 2013

looks the trend is non-stop and be ready to see the stock price in the 100s by the end of the year. Go Tesla!

archibaldcrane | April 30, 2013

The huge jump yesterday was from a report released by a huge hedge fund speculating that TSLA is headed for $200/share in 5 years.

http://www.businessinsider.com/presentation-why-teslas-the-next-apple-20...

Interesting read.

dstiavnicky | April 30, 2013

Hit $58!

I bought thousands of shares the day after my test drive last November. I instantly realized this was going to be a winner and that everything else will soon be obsolete. I haven't sold yet as I'm going very long or $400... whichever comes first.

I don't think the short squeeze has even started yet. I'm hoping for an 'infinite squeeze' where they but at any price (like VW a number of years back).

Brian H | April 30, 2013

The eternal puzzle: buy on the way up, sell on the way down -- or vice versa?

bobinfla | April 30, 2013

Wish I had thousands of shares, but what I do have has now half paid for the used roadster I just got. Needs to go to about $130, then it will have paid for the roadster and the Model S.

jdesmo | April 30, 2013

question is: will you buy now @$58/share and take the long view? or wait for some breather/correction

ian t.wa.us | April 30, 2013

Hoping for a bit of a correction here. All my shares bought between 35 and 38.

jnb | April 30, 2013

Bought in at $45 and will buy more now. Plenty of folks saying TSLA could go to $100 or higher. Wish i had gotten in earlier with the rest of you! Also wish my P85+ would get here. Only 6 more weeks, maybe.

carlk | April 30, 2013

@Brian H. It does not matter if it's on the way up or down long as you think it's a good stock and good company. The great stock investing minds like Warrant Buffet or Peter Lynch always stress that one should ignore any short term variations which no one can predicts.