Tesla breaking above 2015 peak !

2 Comments

1. 

   pointmanzero on February 14, 2017 at 11:33 am

   and they don’t make money

   Reply
2. 

   ill-Bill on February 14, 2017 at 6:12 pm

   Fast facts on TSLA:

   Of their 1.8bn in positive cash flows last Q, 1.7bn came from stock sales.

   Of their 200mm positive cash flow from operations, **400mm came from taking deposits on a full year’s worth of production**

   They have produced less cars in their entire existence than Ford does in a month, yet have comparable market caps.

   They just acquired Solar City, which has a MASSIVE debt load, essentially with TSLA stock as the currency

   They paid over 200mm in compensation last Q with TSLA stock comp.

   Their production requirements will require raising another ~11bn

   Competitors Chevy Bolt won MT car of the year 2017 (aka others with more experience and scale are catching up, or passing them)

   Never in my life have I seen a company with such horrible fundamentals, it is INCREDIBLE. Please just look at a single K or Q. The growth required to justify their current valuation is just staggering..

   I am debating the right way to do it now, and then will be opening up a significant Put position with a late enough expiry to wait this madness out.

   Reply