"Indulging the fantasy," writes Notable Calls as Tesla's (TSLA) price target is upped to a...


"Indulging the fantasy," writes Notable Calls as Tesla's (TSLA) price target is upped to a Street-high $230 by Northland Capital's Colin Rusch (his PT was previously $95). "Additional investment at its current facility could accommodate a run rate of as many as 500K vehicles/year." Shares +2.3% premarket.

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Comments (37)
  • aedams
    , contributor
    Comments (14) | Send Message
     
    Sour grapes
    15 Jul 2013, 08:52 AM Reply Like
  • Esekla
    , contributor
    Comments (4445) | Send Message
     
    Yes, production capacity is no problem. Eager to see how many they actually sold and whether or not they can stop losing money on the actual cars.
    15 Jul 2013, 08:53 AM Reply Like
  • JRP3
    , contributor
    Comments (10326) | Send Message
     
    Be ready for a fairly nice Q2 production surprise. There is very good data pointing to 5K+.
    15 Jul 2013, 09:00 AM Reply Like
  • Esekla
    , contributor
    Comments (4445) | Send Message
     
    Production or sales? 12K total sold would be inline and I see that as the # that matters. Extra production would just be inventory overhang. Probably the ZEV credits will continue and help the bottom line, but that is also immaterial, IMO.
    15 Jul 2013, 09:04 AM Reply Like
  • uselesslogin
    , contributor
    Comments (29) | Send Message
     
    Likely 5K+ sales. Production is likely 5454 based on screens seen during factory tours.

     

    I believe 1150 cars were produced the last 2 weeks of June but European deliveries were pushed back so they are no longer a factor. However production in the first 2 weeks of April was probably 800 cars so assuming an average 2 week delivery pipeline that difference of 350 will be subtracted from the 5454 produced. Though I am sure they tried to deliver them as quick as possible at the end. Also loaners may come into play but from what I understand many of those have been sold.
    15 Jul 2013, 09:42 AM Reply Like
  • J 457
    , contributor
    Comments (1000) | Send Message
     
    5,000 cars sold? Certainly this supports a $15 billion market cap? It's almost laughable TSLA trades at $130. I'm not short, but if this moves any higher I will be. I think the Model S is a cool car, but honestly, how many people in todays economic environment can afford a $70k car? Reminds me of all the hype surrounding the Volt. You don't see many of those around either.....
    15 Jul 2013, 11:50 AM Reply Like
  • PeterJA
    , contributor
    Comments (5329) | Send Message
     
    "honestly, how many people in todays economic environment can afford a $70k car?"

     

    http://bit.ly/12DVbdC
    15 Jul 2013, 12:19 PM Reply Like
  • 13761362
    , contributor
    Comments (382) | Send Message
     
    inventory is an asset. one of the problems in the lack of recovery in the USA has been a total lack of inventory builds. think of it as a "no confidence vote" in future growth. too many kibbutzers in my view. "if you have a winner run with it."
    15 Jul 2013, 03:30 PM Reply Like
  • 13761362
    , contributor
    Comments (382) | Send Message
     
    depends on if they can produce a 7,000 dollar car...i agree. i think they can "and drive the price lower from there."
    15 Jul 2013, 03:31 PM Reply Like
  • Cassina Tarsia
    , contributor
    Comments (662) | Send Message
     
    PeterJA ... Anyone who really wants the best car available anywhere on the planet! With what you save in free transportation and no repairs, many more people than you think ... if only they just save a little here and there with the nonessentials. (You wouldn't believe how much is spent on these meaningless things!)
    16 Jul 2013, 10:20 AM Reply Like
  • JRP3
    , contributor
    Comments (10326) | Send Message
     
    Indeed, you don't need to be excessively rich to afford a Model S, and a responsible middle class family can afford one if they bother to calculate the reduced fueling costs.
    16 Jul 2013, 07:02 PM Reply Like
  • User 13251092
    , contributor
    Comment (1) | Send Message
     
    Stop trying to kill this stock.....This company and the vehicles it currently makes and will make are the vehicles of the Future !!...Have you gassed up lately??

     

    I would buy on any dip !!
    15 Jul 2013, 09:39 AM Reply Like
  • JD in NJ
    , contributor
    Comments (1634) | Send Message
     
    If you would buy, wouldn't it be rather in your interest for someone to "kill this stock" or at least put it into the ICU for a while, thus giving you the dip you want?
    15 Jul 2013, 09:55 AM Reply Like
  • Agnes59
    , contributor
    Comments (617) | Send Message
     
    The more one writes negative report against tsla the more the stocks goes up. Guess investors are not buying the hypes anymore, they finally smarten up...Just waiting for July 22 report.
    15 Jul 2013, 10:02 AM Reply Like
  • Cassina Tarsia
    , contributor
    Comments (662) | Send Message
     
    Haven't they been saying this all along ... Tesla is in fantasyland ... when it was in the 30's, then the 50's, and the 70's, 100's, etc., etc.? I guess if you look only at the numbers, then it would seem like a fantasy, but if you look at the possibility that it will alter the entire paradigm of automotive production before the competition even knows what is happening, then the number of 230 may not be out of line. Never underestimate the power of a dream when there is the momentum to attain it!
    15 Jul 2013, 10:11 AM Reply Like
  • Freedoms Truth
    , contributor
    Comments (1044) | Send Message
     
    This is not dreams, this is stock hype. Happened many a times before.
    Overpriced 'it' stocks that zoom up then burn out when reality hits. Nothing new here.
    15 Jul 2013, 10:50 AM Reply Like
  • PeterJA
    , contributor
    Comments (5329) | Send Message
     
    FT, five months ago, Tesla's guidance for 2013 production was 20k cars.
    Two months ago, it was increased to 21k cars.
    Last weekend, Elon said it will be 25k cars.
    That is the early stage of an exponential growth curve.

     

    When do you expect "reality" to hit, and what reality are you talking about?
    15 Jul 2013, 11:05 AM Reply Like
  • dennisg13
    , contributor
    Comments (129) | Send Message
     
    Please tell us what the "reality" is or will be.
    Seems to the rest of us that Tesla is doing exactly what it said it was going to do. And those of us who can extrapolate into the future see a bright one indeed.
    So, help me out, why should I sell?
    15 Jul 2013, 11:38 AM Reply Like
  • 13761362
    , contributor
    Comments (382) | Send Message
     
    you should sell because you've made your initial investment many times over thus "never having to say you lost money." you can hold but if you have a large position now i would recommend talking to an options broker about how to "play" this thing.
    15 Jul 2013, 03:34 PM Reply Like
  • J Mintzmyer
    , contributor
    Comments (8126) | Send Message
     
    Irrational exuberance.
    15 Jul 2013, 10:34 AM Reply Like
  • Deja Vu
    , contributor
    Comments (1805) | Send Message
     
    ...and persisting longer than I can stay solvent.
    15 Jul 2013, 11:01 AM Reply Like
  • 13761362
    , contributor
    Comments (382) | Send Message
     
    again as will Apple "it's all about the product." i know nothing about it...don't own one, never even seen one actually. that stock price says to me the product is sound...but obviously they will need sales to justify. they are involved in more than just cars however...
    15 Jul 2013, 03:35 PM Reply Like
  • peteh007
    , contributor
    Comments (154) | Send Message
     
    How many drivetrains is it selling to Daimler and Toyota and Company X a month? And how fast is this rate increasing each month?
    15 Jul 2013, 11:30 AM Reply Like
  • peteh007
    , contributor
    Comments (154) | Send Message
     
    What's the range of a Tesla Powered Lightweight Plane?.. like a Cessna 182?
    15 Jul 2013, 11:31 AM Reply Like
  • 13761362
    , contributor
    Comments (382) | Send Message
     
    what's the air speed velocity of a coconut laden sparrow!
    15 Jul 2013, 03:36 PM Reply Like
  • dennisg13
    , contributor
    Comments (129) | Send Message
     
    African or European?
    15 Jul 2013, 10:58 PM Reply Like
  • Tricky
    , contributor
    Comments (2426) | Send Message
     
    @13761362 and @dennisg13. You're missing the big picture. It's not a question of where he grips it. It's a simple question of weight ratios. A five ounce bird could not carry a one pound coconut. Sheesh. ;-)
    16 Jul 2013, 03:16 PM Reply Like
  • peteh007
    , contributor
    Comments (154) | Send Message
     
    I guess you didnt do the math.. planes actually looks pretty good!! I calculate that batteries need only about 2.3X more energy/weight and you're flying !! So how long till batts get there? 3 years-4years?
    Silicon Anodes or Li-Air?.. its coming and coming fast!!!
    As lkong as you have the BMS to manage HV.. you can do it cheaply and better than an ICE!
    17 Jul 2013, 11:20 AM Reply Like
  • Tricky
    , contributor
    Comments (2426) | Send Message
     
    Easy Pete. We're just Monty Python fans having fun ;-)

     

    http://bit.ly/13OLbps
    17 Jul 2013, 11:32 AM Reply Like
  • John Bingham
    , contributor
    Comments (1282) | Send Message
     
    Hi Pete & co.

     

    Cessna are already onto it! Look at this short article and footage of a Cessna 172 from last year. They already have proof of concept so now it's just developing the drive systems and waiting for more powerful lightweight batteries!

     

    http://bit.ly/14nuCjo

     

    Maybe they'll buy Tesla's tech if they can't get there by themselves.
    19 Jul 2013, 02:57 PM Reply Like
  • peteh007
    , contributor
    Comments (154) | Send Message
     
    All that production running through a single machine.... what happens if they just buy another one?
    15 Jul 2013, 11:33 AM Reply Like
  • peteh007
    , contributor
    Comments (154) | Send Message
     
    Waitings lists are getting pushed out?... The demand must be steadily getting higher than the current production.. looks like more tools needed to keep up with demand... luckily they have lots of cash to buy more tools and hire more workers..
    15 Jul 2013, 11:36 AM Reply Like
  • SharkDude
    , contributor
    Comments (763) | Send Message
     
    He must be a cousin so Henry Blodget
    15 Jul 2013, 12:52 PM Reply Like
  • peteh007
    , contributor
    Comments (154) | Send Message
     
    And the dummys continue to buy put options.. LOL!!
    15 Jul 2013, 03:17 PM Reply Like
  • egglady
    , contributor
    Comments (16) | Send Message
     
    I tried to schedule a test drive 5 weeks in advance and couldn't even get an appointment.
    15 Jul 2013, 05:47 PM Reply Like
  • jackl1956
    , contributor
    Comments (115) | Send Message
     
    Tesla Motors first design and build the Model S is selected as Motor Trends car of the year. Consumer Reports rates the car 99 out of a 100, calling the Model S the best car they have ever evaluated.

     

    Consider the cars (marques) that have been tested by Consumer Reports, Mercedes Benz, BMW, Lexus, Cadillac, Porsche............Wow, the list goes on and on.

     

    Once again, this is Tesla Motors first ground up design. Realistically, shouldn't we be calling them "Rookie of the Century".

     

    Irrational exuberance?

     

    How about Irrational skepticism?
    15 Jul 2013, 09:11 PM Reply Like
  • MWMW
    , contributor
    Comments (4) | Send Message
     
    I my opinion, it's probably true that Tesla's stock price is high at this moment in time when you look primarily at the fundamentals. I believe that there is a lot of speculation and anticipation also built in to that price for the next 2-4 year time frame. I am long in the stock for the following reasons. Toyota and Panasonic have invested in and have gained knowledge from Tesla. Model S was best car ever tested by Motor Trend. Gen III car will hopefully have a lower price point where more people can buy one. I was amazed after watching the Mega factories documentary by National Geo. on how clean and organized the factory is and how much space they have in there to grow. I like the idea of less dependence on foreign oil and cleaning up our environment. It's time for this kind of change and I am hopeful it will happen.
    15 Jul 2013, 10:46 PM Reply Like
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