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Tesla’s stock (TSLA) is down following misleading report about European ‘sales’

Discussion in 'News from Electrek.co' started by RSSFeed, Jun 14, 2016.

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  1. RSSFeed

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    Tesla’s stock (TSLA) rallied last week following comments by Ron Baron. The rally didn’t last long after rumors of a potential problem with Tesla’s suspension started to spread quickly at the end of last week.

    While the rumors have been mostly shut down at this point, Tesla’s stock is having difficulty recovering and a new report about the automaker’s sales in Europe is not helping. more…

    Filed under: Cars, Tesla Tagged: AID, Automotive Industry Data, Europe, Tesla, Tesla deliveries, tesla europe deliveries, Tesla Motors, Tesla sales, TSLA [​IMG] [​IMG] [​IMG] [​IMG] [​IMG] [​IMG] [​IMG] [​IMG][​IMG]

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  2. Jayc

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    Couldn't model 3 preorders have something to do with this? Seems pretty straightforward to me.
     
  3. Gary Moore

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    #3 Gary Moore, Jun 14, 2016
    Last edited: Jun 14, 2016
    In our Wizard of Oz world, appearances are deceiving. It's not just humanity, zebras have stripes as camo. Ed Niedermeyer bet the house shorting TSLA claiming that Tesla will crash and burn, so he publicizes in an effort to fulfill his prophecy. As it says in Don Schlitz's Grammy-wining song: "You got to know when to hold 'em, know when to fold 'em." It's not what cards you're holding, because "every hand's a winner, and every hand's a loser."

    I'm a fellow alumnus of Mary Barra. As Baron indicates in the Electrek , not even Mary can walk into the GM board meeting and say the company should spend a fortune on batteries that would render its ICE investments relatively worthless. It's not in the cards.

    The stock market is based on what people think. Illusion is not unheard of there.
     
  4. TrevP

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    It's important to remember that Tesla counts a "sale" when it delivers car to the end customer. Every other car maker counts a sale when it leaves the factory and on it's way to sit on a dealer lot where cars could sit for months before being sold again to customers. Once it leaves the factory they wash their hands of it (of of like Apple counts a sale as the product actually being sold to a customer rather than when it ships out of the factory). Big difference.

    European deliveries are skewed because cars are in transit in grouped shipments, it's not constant flow of cars from Fremont to Europe. So, some months it will look like they have little "sales" and other months those cars arrive and they have a ton of deliveries. Tesla has repeated this difference and explained it to the media so many times but they're either ignoring it or don't care.
     
  5. Gary Moore

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    Most media today is no longer about journalism. "Content" is something that makes clicks on their meter, not something which educates the masses about how the world actually works or which explains that not all business models are created equal.

    "Boring. So Tesla's math is different, and how many kids will stay awake in math anyway? What else you got that we can use before the cut off???"

    An aboriginal human at least soon knows a Franklin is not highly nutritional and is rather pitiful for providing either heat or shelter. Can you kill a water buffalo with paper cuts? Huh? Anti-counterfeiting features? Why would anyone steal this stuff?

    People used to ask me all the time what a car actually costs. They think it's a cover-up whenever you explain starting with "that depends." By the time that answer is ever truly known, everyone in the conversation is dead.
     

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