still within the range but weakened a lot
$TSLA
- Thread starter Phill Twist
- Start date
The best time to sell is when a stock gets upgraded just asked Goldman Sachs
Tesla (TSLA) is now trading back above $220 after getting a key endorsement from Ron Barron - http://finance.yahoo.com/video/ron-baron-two-stocks-working-110800232.html - The stock rallied from $135-$260 a few months ago so profit taking was to be expected. Tesla (TSLA) will now have major support located at $200.
$TSLA should test session lows soon. Through and $230,possibly $226 happens quickly.
So they are selling the P75 with a 9% discount, called P60. The rumour is that they have to take contractually so many batteries from Panasonic and they are not selling enough cars, so they have to force sell, thus the discount. Also the upcoming car will cannibalize the existing ones' sale. The discounted P60 will still come with a 75kWh battery and can be upgraded for 8-9K, but if you don't, you are just hauling around a shitload of dead weight...
In the next bear market will go below $150, next week will be green. IMO