$TSLA

My question is why the owners of TSLA stock, the ones with billions at stake, are still putting up with this guy.

Because dumping more than 50% of all the outstanding shares would be a disaster. Especially if the markets get to know they want to sell. Selling for billions is impossible without being seen.
They went into this adventure and there is no way back.
 
If you look at how much top management has bailed out, I think the insiders know the ship can't float and will be going down. The model 3 costs 55K, would not be in my top 10 for a 55k car.
 
If you look at how much top management has bailed out, I think the insiders know the ship can't float and will be going down. The model 3 costs 55K, would not be in my top 10 for a 55k car.

Yeah, it was funny when Doug Field filed to sell all his shares the day after Funding Secured gave him cover to do so. Meanwhile Elon has refused to let TSLA issue stupendously overvalued stock to raise desperately needed capital, and he himself was buying more (on margin!) just a few months ago - as if TSLA will live or die based on his personal battle of wills with short-sellers.
 
My question is why the owners of TSLA stock, the ones with billions at stake, are still putting up with this guy.

When big owhers start selling they will hire an operator to do it. It will enter a downtrend, but behave much differently than it is now. look up distribution pattern. They won't let it have multiple huge down days in a row like it just had. This last 4 days looks like undisciplined insider selling. There is still a long way to go to zero. Still you only make a maximum of 100% on the downside.
 
upload_2018-9-30_22-34-0-png.339655

upload_2018-9-30_22-34-26-png.339656
 
https://seekingalpha.com/article/4210257-massive-layoffs-reorganization-ahead-tesla

Massive Layoffs And Reorganization Ahead At Tesla

We unpack the Tesla Q3 delivery report and share our views on it.

We discuss why demand, or the lack thereof, is important for investors.

We predict layoffs and reorganizations at the company due to lack of demand.

This article is a slightly modified version of an article released to subscribers on October 2nd.

This idea was discussed in more depth with members of my private investing community, Beyond The Hype.
 
Tesla Milestone

Good news for Elon Musk, and President Donald Trump for that matter: Tesla outsold Mercedes-Benz during the July-September period in the U.S., according to Atherton Research's Jean Baptiste Su. Su also reckons Tesla could outsell BMW in the current quarter, as its sort-of-reasonably-priced Model 3 grabs more customers. USA Today
 
Back
Top