So for everyone that is interested in discussing the company as a going concern, finances, possibilities, their future, etc...here is your thread. I've made lots of my opinions known already, as have a few others. So please do chime in! Its fun, and no hard feelings, we're talking about the stock only, not each other.
Fine, I'll start. Today Teslas Vice President of World Finance announced he's leaving the company. I'll leave that there with a question I saw someone post on TWTR,
"if TSLA is such a great company and everything is great then why are all of the finance and accounting teams leaving?"
another funny one:
"BREAKING: TSLA causing worldwide shortage of red flags."
Seriously though, what about the situation isnt at least a tiny bit concerning? Of note they are not profitable, cant make profit even in volume (no operating leverage), and given they have slashed capex the last couple years have no real likelihood of being able to service an amazing increase in volume even if its what the market demanded. That is, you cant build more cars if you've not built out lines/factories to do so, saying nothing of the truck/semi/etc....All of this is in context with an astronomically sky high stock price.
So my conclusion is the equity price tumbles to match reality. Time frame and course are harder, but by 2019q2 several big unavoidable things happen that should be making things more clear.
If they raise money some way on the other hand, short burn of the century indeed, would be nuts. Which makes me assume they probably cant.
Still, making money off of this is really hard if you're also trying to limit risk, etc...options have such high IV that unless an overnight crash you might be right but make no money. Given short interest it may slowly drift down as covering ends up supporting the price (see LFIN).
I feel like a lot has been said from the negative side and this separate thread is for those bothered by it being on the other one. Also posterity and such.
Fine, I'll start. Today Teslas Vice President of World Finance announced he's leaving the company. I'll leave that there with a question I saw someone post on TWTR,
"if TSLA is such a great company and everything is great then why are all of the finance and accounting teams leaving?"
another funny one:
"BREAKING: TSLA causing worldwide shortage of red flags."
Seriously though, what about the situation isnt at least a tiny bit concerning? Of note they are not profitable, cant make profit even in volume (no operating leverage), and given they have slashed capex the last couple years have no real likelihood of being able to service an amazing increase in volume even if its what the market demanded. That is, you cant build more cars if you've not built out lines/factories to do so, saying nothing of the truck/semi/etc....All of this is in context with an astronomically sky high stock price.
So my conclusion is the equity price tumbles to match reality. Time frame and course are harder, but by 2019q2 several big unavoidable things happen that should be making things more clear.
If they raise money some way on the other hand, short burn of the century indeed, would be nuts. Which makes me assume they probably cant.
Still, making money off of this is really hard if you're also trying to limit risk, etc...options have such high IV that unless an overnight crash you might be right but make no money. Given short interest it may slowly drift down as covering ends up supporting the price (see LFIN).
I feel like a lot has been said from the negative side and this separate thread is for those bothered by it being on the other one. Also posterity and such.
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