$TSLA

So Elon is helping with the trade war? Niiiice....

Tesla is going to lose 2.8 billions this year, even though the M3 is kind of ramped up already. The machinery is in place, yet they are still losing money like a bucket full of holes...
 
Musk's Green Light

Tesla's shareholders have approved Elon Musk's controversial pay deal, which will see the CEO collect up to $2.6 billion if the company hits a series of valuation and sales targets. It also ensures that Musk will stay at the helm of Tesla for the next decade. The package attracted criticism from some investor groups over its size. The news of the approval sent Tesla's shares up 3%. BBC
 
I think they will dilute shares this year to raise capital. Their business model never made sense (or money) but the cult is strong with this one. I expect it to trade in the 240-340 range this year. I don't think reality would set in this year, maybe next. If you bought below 200, and believe in Elon you have plenty of cushion before it starts to hurt...

I will probably start to sell vertical call spreads, 50 bucks higher than the current price.

Quote from the article:

"As a reality check, Tesla is worth twice as much as Ford* yet Ford made 6 million cars last year at a $7.6 billion profit while Tesla made 100,000 cars at a $2 billion loss. "
 
Pekelo said:
"As a reality check, Tesla is worth twice as much as Ford* yet Ford made 6 million cars last year at a $7.6 billion profit while Tesla made 100,000 cars at a $2 billion loss. "
More...
FWIW...Whoever wrote that article is technically incorrect. Tesla is not worth twice as much as Ford.
Market cap is not the accurate way to value a company. You have to use enterprise value. Which makes Ford 3X as large as TSLA.
 
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