$TSLA

[Lloyd W. Coutee]

Tesla just reduced 2016 guidance from 85k deliveries (mid of 80-90k) to 79k deliveries.

 

[felixbocharov]

They never make good on their promises, never...

 

[felixbocharov]

Tesla just reduced 2016 guidance from 85k deliveries (mid of 80-90k) to 79k deliveries.

And later this year we will see another reduction.

 

[vanzandt]

Rumor has it Musk has secured the necessary permits to construct the first casino on Mars. Complete with a 36 Championship golf course, a water-ski lake, and up-scale condos. I think the stock is a steal at this price.

 

[Jamie J.]

It has nothing to do with a stock, at this point of time, it is just a single event. It is not like Tesla is making total car recall. Every year we have massive car recalls from various automakers for various reasons. Volkswagen air remission, air bags failure, 2010-2011 Toyota's big recall about engine shutting off while driving just some of them.

This single event is not going affect Tesla sales number. With time there going to be more Tesla cars on the road, more Tesla cars means more accidents involving Tesla. The question is How many people have to suffer from accidents before the Government starts looking into it to set the regulations for this type of driwing? What is Tesla liability in all of this? What about third party software? What about companies produsing various sensors and cameras?

Tesla stock will have problem when insurance companies will tell they have to double or triple autoinsurance on Tesla cars becuase of unclear reglations.

This should push our legislators to set the rules and regulations for a new industry. Otherwise the industry will not be able to progress further. There is a lot of legal questions to be answered and it will take a lot of time until we will have regulation about autopilot driwing.

I don't think that this incident will remain unnoticed in the market. At least the autopilot feature will be repeatedly criticized.

 

[Jamie J.]

And later this year we will see another reduction.

It seems that it has already become a commonplace.

 

[Phill Twist]

Squeezed its way to resistance on Friday, now what? Setting up for a major put play this week.

 

[Lloyd W. Coutee]

TSLA wants higher but up against some serious resistance

 

[Jamie J.]

The growth in sales, but the unfulfilled production plan. Are you nervous about Tesla's future?

 

[felixbocharov]

The growth in sales, but the unfulfilled production plan. Are you nervous about Tesla's future?

I mean the future looks bright, but the problem is that people are so excited about Tesla that they don't see the real picture - the company is way overbought and it worth around $100-150.