Tesla Motors IPOd just a little bit ago.
Is anyone considering buying some?
I know I'm considering it, but it went up 1.5 points today.
Granted the EPS is -0.89 and I don't think they offer a dividend.
Tesla Motors IPOd just a little bit ago.
Is anyone considering buying some?
I know I'm considering it, but it went up 1.5 points today.
Granted the EPS is -0.89 and I don't think they offer a dividend.
You think it's a bargain now, wait until the six-month lockup period expires and the original shareholders can [-]dump[/-] diversify their holdings.Tesla Motors IPOd just a little bit ago.
Is anyone considering buying some?
I know I'm considering it, but it went up 1.5 points today.
Granted the EPS is -0.89 and I don't think they offer a dividend.
If you consider a BMW 7 series, Mercedes S class or Audi A7/A8 "oddities" I would agree with you.
Considering the Model S has sold more cars in the US than any other large luxury car in the first quarter I give them more credit.
While the deal with Toyota was a great deal, I think the deal with Diamler was more significant.
I do think the current run is a short squeeze though and will likely settle down after the squeeze is over. It mainly depends upon how much pain the shorts can take.
I know two Tesla S owners now, and they are wonderful toys. But with a range of 100-150 miles (assuming you'd want to return to your starting origin more often than not) vs unlimited range for any ICE or hybrid, it's a pretty expensive second vehicle/commuter. I admire Musk so I hope Tesla is successful, but we'll see. And I admire the early adopters nonetheless...otherwise I'd never get to ride in one.If you consider a BMW 7 series, Mercedes S class or Audi A7/A8 "oddities" I would agree with you. Considering the Model S has sold more cars in the US than any other large luxury car in the first quarter I give them more credit.BMW has a full model line, the majority of their sales are 3 series. Mercedes has a full line, C series is the highest amount of sales. Audi is part of VW, so losts of sales to support the brand. What other models does Tesla have? There are only so many $60,000+ cars to be sold out there. Right now, it is one of those status models of the wealthy. That market segment is fickle, and will move on to the next thing. If Honda/Acura perfects their fuel cell car, Tesla will be an endangered species........
The 40 kWh option was cancelled before production because "only four percent of customers chose the 40 kWh battery pack, which is not enough to justify production of that version." It would have had a range of only about 160 miles, 80 one way.Did you get one of the sought after 40kWh ones?
I know a number of people that are wishing they had before Tesla canceled that size.
The 40 kWh option was cancelled before production because "only four percent of customers chose the 40 kWh battery pack, which is not enough to justify production of that version." It would have had a range of only about 160 miles, 80 one way.
Right, with a price of $57/59k or $50/$52k after rebate, which is why I am guessing Cliff is one of the fortunate ones that ordered it.
For Hawaii, I would think the 140-145 mile range (guessing here) would be perfect.
For those that ordered a 40kWh size, they get, at no extra charge, a software limited 60kWh pack.
Meaning they get the performance of a 60kWh for the cost of the 40.
They also have the ability to upgrade to the 60 later if the decide to.
The battery should last longer as well because you aren't using as much of the capacity.
I'm kicking myself for not ordering one before the canceled it as it would be a perfect second car for us (a long way from Hawaii in Minnesota).
I'm very excited for you Cliff, have fun with it!
I haven't bought Tesla stock, but a couple of things have got me more interested than in the past. The short term news has been sensational.
But long term, I think the real opportunities for the Tesla are in Europe. Home of relatively short drives, and tradition of expensive high performance sedans, and $10/gallon gas. The economics of the Tesla make a lot of sense in Europe.