Seeking Alpha

Tesla Motors hits $200 a share

  • Shares of Tesla Motors (TSLA -0.1%) breached the $200 level in early trading before pulling back.
  • The latest batch of bullishness on the EV automaker centers on the ability for Tesla to grow sales in China if the Model S qualifies for China's electric car subsidies.
  • Yesterday, China extended EV incentives in a development that Tesla doesn't qualify for quite yet, although it sets up a favorable atmosphere for it.
From other sites
Comments (37)
  • Ford Prefect 1969
    , contributor
    Comments (2282) | Send Message
     
    Slight pull back whilst market analyses Yellen inaugural speech: Main impact, game still on. TSLA currently rising sharply through $198 heading back past $200. Probably in anticipation of NHTSA clearance coinciding with the release of Model S Firmware 6.0 (return of lowered air suspension).
    11 Feb 2014, 11:04 AM Reply Like
  • Andrei Volgin
    , contributor
    Comments (627) | Send Message
     
    You honestly believe that the return of lowered air suspension justifies a few extra billions in market cap?
    11 Feb 2014, 12:02 PM Reply Like
  • dnorm1234
    , contributor
    Comments (1075) | Send Message
     
    I don't think there's a price too high for some of these people.
    11 Feb 2014, 12:05 PM Reply Like
  • chfp
    , contributor
    Comments (595) | Send Message
     
    Andrei Volgin "You honestly believe that the return of lowered air suspension justifies a few extra billions in market cap?"
    .
    Do you have an affinity for asking rhetorical questions?
    11 Feb 2014, 12:07 PM Reply Like
  • Andrei Volgin
    , contributor
    Comments (627) | Send Message
     
    @chpf - This question is not just rhetorical, it is also sarcastic. I am surprised you did not notice.
    11 Feb 2014, 12:11 PM Reply Like
  • surferbroadband
    , contributor
    Comments (3106) | Send Message
     
    The lowered suspension, means more efficiency in energy usage. In my opinion, the suspension should be kept high, but that is a personal decision. The option should be available to you, to raise of lower.

     

    I would keep it high and not take the chance of running over garbage that litters the road. But some people are different.

     

    Now, when the NHTSA clears the Model S, the price will go through the roof. Price should go up to 250.

     

    At the end of the year the shares should trade at 400.

     

    And to anyone who wants to short this stock, you are certified, just as the NHTSA will certify the safety of the Model S.

     

    Certified as in certifiably crazy.
    11 Feb 2014, 12:23 PM Reply Like
  • Andrei Volgin
    , contributor
    Comments (627) | Send Message
     
    Last time I shorted TSLA at $185, and closed it at $140. I am looking forward to do it again.
    11 Feb 2014, 12:30 PM Reply Like
  • surferbroadband
    , contributor
    Comments (3106) | Send Message
     
    Yes I believe the lowered air suspension, coupled with a NHTSA clearing, justifies a few extra billions in market cap.

     

    Now if the stock price were to go to 1,000 tomorrow, yeah, I might short it.

     

    Markets are efficient. And traders are not stupid. The dumb ones get out of the business.
    11 Feb 2014, 12:31 PM Reply Like
  • surferbroadband
    , contributor
    Comments (3106) | Send Message
     
    Andrei, you had your one beautiful day of shorting. Won't happen again. The final squeeze is coming.
    11 Feb 2014, 12:54 PM Reply Like
  • Ford Prefect 1969
    , contributor
    Comments (2282) | Send Message
     
    "You honestly believe that the return of lowered air suspension justifies a few extra billions in market cap?"

     

    Yes. If it signifies the impending clearance by the NHTSA it deletes the justification (for want of a better term) for the loss of a few billions in November 2013.
    11 Feb 2014, 01:34 PM Reply Like
  • omarbradley
    , contributor
    Comments (964) | Send Message
     
    not saying now isn't a bad time...something about Elon Musk blowing by General Motors really is something though.

     

    "What's good for General Motors..has not been good for America."
    11 Feb 2014, 11:38 PM Reply Like
  • AlphaCoils
    , contributor
    Comments (345) | Send Message
     
    I've heard numerous people say they will sell at 200. I wonder if this is going to be a plateau or if we'll smash through it and keep going.
    11 Feb 2014, 11:21 AM Reply Like
  • Ford Prefect 1969
    , contributor
    Comments (2282) | Send Message
     
    Personally I think the weight of short covering will drive it through $200 in the near term and overwhelm the effect of profit taking from near-term longs.
    11 Feb 2014, 11:25 AM Reply Like
  • SharkDude
    , contributor
    Comments (731) | Send Message
     
    Many will sell at 200 and will be forced to cover at 220 when Wall Street upgrades and squeezes everyone. Can't wait to see all the justifications. Will be comical.
    11 Feb 2014, 11:45 AM Reply Like
  • surferbroadband
    , contributor
    Comments (3106) | Send Message
     
    Smash through it and keep going.
    11 Feb 2014, 02:09 PM Reply Like
  • PSIDART
    , contributor
    Comments (3) | Send Message
     
    I will be selling mine after their earnings call. Take the profits and run !
    11 Feb 2014, 08:12 PM Reply Like
  • chickensevil
    , contributor
    Comments (743) | Send Message
     
    PSIDART - I will too, but that is simply because I am finally pulling the money for a down payment. If I had longer to let it ride I probably would. haha!
    11 Feb 2014, 10:17 PM Reply Like
  • chfp
    , contributor
    Comments (595) | Send Message
     
    I have a feeling the price will hover around 200 until either their earnings announcement in a week or the NHTSA results. If both are positive, price will shoot through the roof. 250 in the short term isn't out of the question IMHO. Until then, there are various options strategies to make money while the price is flat. Timing could be tricky.
    12 Feb 2014, 11:02 AM Reply Like
  • Surf Dog
    , contributor
    Comments (826) | Send Message
     
    I'm wondering if a short selloff to lure more shorts won't precede another longer climb.

     

    It has happened before.
    11 Feb 2014, 11:40 AM Reply Like
  • SharkDude
    , contributor
    Comments (731) | Send Message
     
    Brillant reporting. No one noticed.
    11 Feb 2014, 11:44 AM Reply Like
  • DonAmp
    , contributor
    Comments (164) | Send Message
     
    Remember someone said... [Tesla: Be Ready For A Massive Crash]
    
    Finally... it crashed at $200 mark today!
    Long TSLA.
    11 Feb 2014, 11:56 AM Reply Like
  • Christopher Cowan
    , contributor
    Comments (151) | Send Message
     
    The potential in China is huge.

     

    http://seekingalpha.co...
    11 Feb 2014, 12:00 PM Reply Like
  • James Peartree
    , contributor
    Comments (117) | Send Message
     
    This stock has a mind of its own, unlike most of the commenters here. The lemmings are of the bull and the bear variety and they congregate here everyday to find or confirm the daily direction. Meanwhile the stock will go where it feels, obeying its own complex laws and the most obscure whims of the car market and stock market. Still I bought a few shares at $80 to wear my lemming badge, not really counting on a reward but to have a place to go have a good laugh with the morning coffee. The moment I detect a cliff on the stock's trajectory, I will parachute and smile at my modest gain while rejoicing for all these fun readings of my lemming friends. Watching the Olympics is way more predictable than TSLA. Boring.
    11 Feb 2014, 12:31 PM Reply Like
  • surferbroadband
    , contributor
    Comments (3106) | Send Message
     
    Mr. Peartree, you are right, the stock has a mind of its own. That mind is Elon Musk.

     

    Elon has a good mind. Last summer when the price went up to 195, it was a little too high. The fires that were reported were sensationalized big time. Why? The oil industry wants this company to fail badly.

     

    How badly you may ask? Lets see, we have the Musk family, the Gambino family, the Bonanno family, the Rockefeller family, the Kennedy family, the Bush family.

     

    What will the families do? Trash the company, trash the product and put someone in the trash.

     

    I do not like when Seeking Alpha has articles of people that trash Tesla. But when news of the stock price heading in a certain direction is reported, there is nothing to do but see the facts for what they are.
    11 Feb 2014, 12:51 PM Reply Like
  • James Peartree
    , contributor
    Comments (117) | Send Message
     
    Surferbroadband, I agree. Musk is such a different animal than CEOs we know that he deserves a second and third look. The juices that feed this man are so much more powerful than the usual greed/vanity concoctions that power the rest of them. This is like watching a car race with a known winner piloting the best car. While you expect victory, you still thrill at the ride you are observing.
    11 Feb 2014, 01:31 PM Reply Like
  • surferbroadband
    , contributor
    Comments (3106) | Send Message
     
    That is right, a car race. Musk is half Nikki Lauda and James Hunt. Skills of Lauda, and the looks of Hunt.

     

    Great combo.
    11 Feb 2014, 02:27 PM Reply Like
  • James Peartree
    , contributor
    Comments (117) | Send Message
     
    Try this. Watch this video of Musk and Straubel talking to the Tesla Owners Club in Belgium
    http://bit.ly/MIPWZw and then imagine a similar meeting with CEO of GM talking with Chevy owners in...euh...Brussels. Your head will crack.
    11 Feb 2014, 02:45 PM Reply Like
  • Ford Prefect 1969
    , contributor
    Comments (2282) | Send Message
     
    "imagine a similar meeting with CEO of GM talking with Chevy owners in...euh...Brussels"
    Oh no, the CEO of GM is far too wealthy and important to waste time talking with consumers..... Wait a second, Musk could give any other automotive CEO financial vertigo. Hmm. Something to think about.
    11 Feb 2014, 03:36 PM Reply Like
  • chickensevil
    , contributor
    Comments (743) | Send Message
     
    Yeah, GM's CEO is too busy trying to "prove" that women make just as much (or more) money than a man... so she is sucking up the money in the amounts of 14million (give or take) in a salary. You think she has any time to actually talk to one of her customers?
    11 Feb 2014, 10:21 PM Reply Like
  • SharkETF
    , contributor
    Comments (62) | Send Message
     
    Long Tesla. Its the next big thing.
    11 Feb 2014, 05:22 PM Reply Like
  • nwdiver
    , contributor
    Comments (411) | Send Message
     
    In the immortal words of Darrell Hammond as Sean Connery, "Suck it shorts, suck it long... and suck it hard."
    11 Feb 2014, 09:00 PM Reply Like
  • Davin Research
    , contributor
    Comments (292) | Send Message
     
    tesla cup-with-handled recently. I am still long and believe in the long term growth story of the company.
    11 Feb 2014, 11:40 PM Reply Like
  • DonAmp
    , contributor
    Comments (164) | Send Message
     
    Also remember, one of the SA Contributors wrote... in August 2013 Re: TSLA [This Is A Bubble]
    I bought at $39.00 in early 2013, and it is finally bubbled to $200.00 this week.
    I love this kind of BUBBLE! (To cash in and gone fishing before 50!)
    12 Feb 2014, 05:51 PM Reply Like
  • Tales From The Future
    , contributor
    Comments (6062) | Send Message
     
    All bubbles end badly, TSLA is not alone. The FED bubble of easy QE-money fueled TSLA and many other (tech) stocks throughout 2013, the party is coming to an end one day with a giant pop.
    13 Feb 2014, 02:55 AM Reply Like
  • Ford Prefect 1969
    , contributor
    Comments (2282) | Send Message
     
    "All bubbles end badly, TSLA is not alone"

     

    This is a deeply disinformative comment.

     

    A bubble is price begetting more price while the underlying security remains at an essentially unchanged value e.g. House prices, Tulips (in a housing bubble the price changes dramatically while the intrinsic value of each house remains static).

     

    The TSLA price moves primarily and reliably in response to information confirming the exponential growth of the underlying asset, that is the exponential sales growth exponential geographic expansion and exponential accrual of brand value in the Tesla business. There is nothing in common between TSLA tracking the snowballing global progression of Tesla Motors Inc. into the mainstream of the global auto market and a bubble inflating with respect to a static entity.
    13 Feb 2014, 05:40 AM Reply Like
  • suthanalley
    , contributor
    Comments (14) | Send Message
     
    In november the Tesla Stocks drop, no one even imagine that the stock being favorited among momentum.The stock was positioned at over $250, 630% up as compared to the price year ago. Read More http://bit.ly/1hRy4bF
    18 Apr 2014, 02:08 AM Reply Like
  • sofiacaden
    , contributor
    Comments (43) | Send Message
     
    Tesla’s stock price of around $199 is just above the 100 period simple moving average (SMA), which equals $186.38.
    18 Apr 2014, 07:08 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs