$TSLA

Tesla rallied big yesterday after Morgan Stanley upgraded shares and slapped a $465 price target on the stock. TSLA closed at $255 gained almost 5% on the day. So what now? I feel Tesla (TSLA) will begin an uptrend into the next earnings report. Barring any major stock market correction, we should see the stock hit $270-$280 into the next report
%% Good call;
all time HI=$ 287 area. No dividend, 4o million bucks SEC fine, no YTD gain. BUT if one likes HI debt=222% +likes Low/NO PE as in 0 PE -its a buy LOL.:D:D
 
"taking to Twitter again, with his latest posts hinting cryptically that Tesla will have news to share Thursday at 2 p.m. in California."

Oh boy. My guess is that it is about how they repaid the bonds and the stock would go up $15...

I'm surprised the SEC let him get away with it

Also, they just agreed to buy maxwell supercaps two weeks ago. Why'd they do that if money's tight? Come to think of it, I think it was an all stock swap deal.
 
they just agreed to buy maxwell supercaps two weeks ago. Why'd they do that if money's tight? Come to think of it, I think it was an all stock swap deal.

The thinking on the street is that Maxwell has 200 MM cash on hand and Tesla I think is paying with stock. So they are actually gaining cash on the deal.

Some Maxwell stockholders are suing because Tesla got too good of a deal, so there is a slight chance of the deal not being approved.
 
My base guess is that there is nothing as he is trying to have fun.
Secondary guesses are partnership with Daimler, model Y, SUV, cheaper model 3, new loans, he is taking a break or changing title, etc.
 
Quote from SA:

"Closing stores. 2 weeks availability. Stripped models.
It's over."

I don't think they are going to earn any profit on the 35K car or very minimal. But if there are people buying it en masse, that will dilute the Tesla brand and increase the time at service centers and charging stations. When the poor can drive a Tesla, then it is not cool anymore.

Anyhow, I don't think they gave a time table when the 35K car is going to be out. My guess is that in 3 months they will fulfill the European demand and they have to either cut back on production or start making the cheapo M3....

Another funny comment:

"Finally, after all these years. The Tesla killer has arrived."
 
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Cheaper Model 3 would be my best guess.

I was unimpressed that the presser was that they finally "fulfilled" the promise of a 30kish model 3.

https://teslamotorsclub.com/blog/2019/01/18/tesla-cuts-prior-base-model-3/
Tesla To Slash Workforce In Effort To Bring Cheapest Model 3 To Market
As a result of the above, we unfortunately have no choice but to reduce full-time employee headcount by approximately 7% (we grew by 30% last year, which is more than we can support) and retain only the most critical temps and contractors. Tesla will need to make these cuts while increasing the Model 3 production rate and making many manufacturing engineering improvements in the coming months. Higher volume and manufacturing design improvements are crucial for Tesla to achieve the economies of scale required to manufacture the standard range (220 mile), standard interior Model 3 at $35k and still be a viable company. There isn’t any other way.
 
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