SEC settlement sends Tesla stock soaring

Re:SEC settlement sends Tesla stock soaring by BitterSweets on Monday October 01, 2018 @01:48PM (#18115004)

I'm glad. Big middle finger to the shorts and the mass media who seems to love to post negative news on Tesla. Why didn't they include that the model 3 was the most popular sedan this quarter?

I personally put more money in Tesla on Friday and woke up to a nice surprise this morning.

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Re:SEC settlement sends Tesla stock soaring by gamblor956 on Monday October 01, 2018 @02:23PM (#18115376)

Why didn't they include that the model 3 was the most popular sedan this quarter?

Because it wasn't. For example, In July alone, Toyota sold 26,311 Camrys and 26,754 Corollas. In August , Toyota sold: 30,141 Camrys and 26,155 Corollas. This means, even if they sold no cars in September, both Toyota models sold more in Q3 than the Model 3.

The Model 3 was the best-selling EV sedan in Q3, but it should have been, given that it doesn't yet have any real competition.

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Re:SEC settlement sends Tesla stock soaring by xanderjanz on Monday October 01, 2018 @06:57PM (#18117503)

Depends on how you calculate it. Toyota sold more car, but in terms of $$ spent, Model 3 is the most popular sedan in US.

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Re:SEC settlement sends Tesla stock soaring by briandear on Monday October 01, 2018 @02:09PM (#18115210)

“Most popular sedan”

When it’s “most popular vehicle” then we have something to cheer about.

Most popular sedan is being the biggest fish in a small aquarium.

https://www.cbtnews.com/people-arent-buying-sedans-anymore/

The 3, admittedly has done reasonably well, but out of the total number of sedans sold, it’s still tiny. Out of total cars sold, it doesn’t even register as significant at all.

I am not knocking Tesla, but their competitive advantage is diminishing. Audi’s e-tron and all of the other electrics coming from big name producers are set to crush Tesla unless they figure out how to scale; not just production, but the parts and repair pipelines.

As far as the media posting negative news; has there been much news that hasn’t been negative? Musk picks a fight with the SEC, tweets like a 12 year old (remember the pedophile allegation?) and still it takes months to get a car. (And still no CarPlay support!)

They should focus on building cars and less on trying to play with the stock price. The best way for Musk to beat the shorts? Shut up and ship.

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Re:SEC settlement sends Tesla stock soaring by EpicEng on Monday October 01, 2018 @06:19PM (#18117297)

>Most popular sedan is being the biggest fish in a small aquarium

And it wasn't even that. It was the most popular _EV_ sedan, which is like being the biggest fish in the water pale my son plays with in the backyard.

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Re:SEC settlement sends Tesla stock soaring by xanderjanz on Monday October 01, 2018 @06:57PM (#18117506)

Wrong, it was the best selling overall sedan in US by revenue, including gas cars.

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Re:SEC settlement sends Tesla stock soaring by EpicEng on Thursday October 04, 2018 @04:33PM (#18143407)

Have a source for that? Bloomberg says it was the fifth[1] best selling sedan. Also, their numbers include Canada while other manufacturer's do not.

Wait... by _revenue_? Who cares about that? Now units sold isn't the benchmark? C'mon.

[1] https://www.cnet.com/roadshow/news/tesla-model-3-outsells-al...

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Re:SEC settlement sends Tesla stock soaring by xanderjanz on Friday October 05, 2018 @08:59PM (#18152875)

Investors care about revenue.

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Re:SEC settlement sends Tesla stock soaring by vkou on Monday October 01, 2018 @02:05PM (#18115176)

If you don't like shorts, don't go to the public, hat in hand, asking for investment money.

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Re:SEC settlement sends Tesla stock soaring by EpicEng on Monday October 01, 2018 @02:11PM (#18115241)

>I'm glad. Big middle finger to the shorts

You realize he also hurts longs with this crap, right?

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Re:SEC settlement sends Tesla stock soaring by thrill on Monday October 01, 2018 @03:31PM (#18115992)

Indeed. I don't know where this strange desire of his to show off how big his wristwatch is has come from. Part of the stability of the public market is due to the good behavior of those who participate (such as it is - c.f. crypto for the counter-example). Musk's continued juvenile behavior is doing the investors of TSLA, whether long or short, no favors. The BOD needs to hold a come-to-Jesus meeting - if Musk holds too many shares for that to be effective, then the SEC needs to step up its game - or just let the "naughty" behavior and loss of investor confidence and lawsuits continue.

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Re:SEC settlement sends Tesla stock soaring by stcredzero on Monday October 01, 2018 @01:54PM (#18115064)

I wonder how someone would have made out with a simple strategy like, Buy TSLA on bad news, and sell when the quote is at least 85% of price targets?

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Re:SEC settlement sends Tesla stock soaring by BitterSweets on Monday October 01, 2018 @01:59PM (#18115123)

Worked great for me so far. Buy the dip, sell high. Rinse and repeat. Granted TSLA is the only stock I monitor daily, rest of my portfolio is long.

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