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Tesla Motors sits out auto stock rally

  • Tesla Motors (TSLA -1.7%) trades lower in the middle of a rousing day of reports on U.S. auto sales.
  • Though the Chevrolet Volt saw its best sales month ever, the EV segment has become so promotional that it's a bit tricky to equate the sales leap to underlying demand.
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Comments (12)
  • Yuro
    , contributor
    Comments (139) | Send Message
     
    Just goes to show you...Tesla is barely an auto stock.

     

    BTW: I tested another Model S. This time not in California but closer to the real world here in Chicago, actually Oak Brook, IL. I drove it in crowded parking lots, labyrinth underground car-parks, beat up interstates and normal beat up side streets. Top speed was about 75mph on this test loop. It was a base car, not a Performance, but it had the big battery and most of the options. I think this car is a size bigger than I want. Also think the ride, even with the all-season tires, is a bit choppy for a car with this sort of price tag. I got back in my A6 with 19" Sport Package and felt good about buying it.

     

    I have no Tesla shorts or longs, just a car-head since age 4. I think the Model S is a fabulous "big" car... close to the car I want, but my Tesla will be smaller (5 Series or A6 size) with a little better impact behavior and a tighter turning radius. I need to seat 4 adults, not a family of 7.
    4 Sep 2013, 11:24 AM Reply Like
  • SharkDude
    , contributor
    Comments (638) | Send Message
     
    Yeah Yeah Yeah. It is goog aapl amzn and fb all wrapped into one stock.
    4 Sep 2013, 02:12 PM Reply Like
  • RUCE88
    , contributor
    Comments (51) | Send Message
     
    I was taken aback by the title of the posting "Tesla sits out rally.."
    Tesla had its rally already. So, what is the news here?

     

    I would be more interested in a follow up article on the Norway story - like European customer reaction, market penetration? I predict there will be a big drop in high-end brands sale there. Is there a trend? Yeah.. that would be a more relevant piece of news
    4 Sep 2013, 11:44 AM Reply Like
  • Cassina Tarsia
    , contributor
    Comments (646) | Send Message
     
    Anyone look at Tesla's stock price?!!! It is near 170 ... where are GM and Ford? At last count they were a little lower. Tesla rallies with the news about Tesla, its sales in the U.S., Europe, and soon to be China, along with the expanding Supercharger network here and abroad. Until the other manufacturers start doing something real in the EV world the real news will be with Tesla.
    4 Sep 2013, 12:23 PM Reply Like
  • Joe E Coyotee
    , contributor
    Comments (249) | Send Message
     
    The Title should read " Auto Stocks trying to catch up to Tesla's Rally"
    4 Sep 2013, 01:29 PM Reply Like
  • weccman
    , contributor
    Comments (38) | Send Message
     
    How about "Is Tesla overvalued or near bankruptcy? You decide!"
    4 Sep 2013, 01:57 PM Reply Like
  • SharkDude
    , contributor
    Comments (638) | Send Message
     
    Yeah.........I think it has rallied enough this year. and for the next 5 years.
    4 Sep 2013, 02:10 PM Reply Like
  • SharkDude
    , contributor
    Comments (638) | Send Message
     
    go watch the dougherty analyst on bloomberg. 200 target. IT IS A 5 YEAR TARGET!
    4 Sep 2013, 02:12 PM Reply Like
  • RUCE88
    , contributor
    Comments (51) | Send Message
     
    Why not listen to Goldman instead, they have been sooo right before...
    4 Sep 2013, 06:57 PM Reply Like
  • alext1379
    , contributor
    Comments (706) | Send Message
     
    Since August 7th (their last earnings), TSLA has gone $139, up and down several times, and ended at $170 in a month. Ford went from $17.75 to mid $16s in the same time frame.

     

    TSLA won't follow the tech or auto stocks because its neither.
    4 Sep 2013, 06:55 PM Reply Like
  • Miro Kefurt
    , contributor
    Comments (670) | Send Message
     
    I am far more impressed with HMC (Honda) giving me 6% stock dividend, on $35 per share purchase few days back, than holding a hope that someone else will give me $180 per TSLA that was just at $170 and now $166 ?

     

    I will not lose any sleep holding on to HONDA, but I might if I bought TSLA.
    5 Sep 2013, 02:59 AM Reply Like
  • alext1379
    , contributor
    Comments (706) | Send Message
     
    What if you bought in at $139 or far, far less?
    6 Sep 2013, 04:45 AM Reply Like
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