After Hour Gainers / Losers


Top gainers, as of 5:15 p.m.: HOLI +12.7%. SCTY +7.8%. MRIN +7.3%. SFM +7.3%. GMCR +6.5%.

Top losers, as of 5:15 p.m.: MM -41.5%. GPOR -12.7%. ERII -11.9%. MCP -10.8%. TSLA -7.7%.

Comments (14)
  • surferbroadband
    , contributor
    Comments (5135) | Send Message
     
    Makes no sense that TSLA is down 7.7%. The company exceeded guidance for 1st Qtr.

     

    60 minutes did a piece on how the markets are rigged. I think they are correct.
    7 May 2014, 08:06 PM Reply Like
  • runiter
    , contributor
    Comments (325) | Send Message
     
    Indeed it doesn't make much sense. I think tomorrow it will go back up during regular hours.
    7 May 2014, 08:34 PM Reply Like
  • JMajoris
    , contributor
    Comments (1408) | Send Message
     
    Market is not rigged, TSLA is just way too expensive. What's their PE?

     

    People are starting to understand the term "Irrational Exuberance"
    7 May 2014, 09:03 PM Reply Like
  • rkw29
    , contributor
    Comments (715) | Send Message
     
    I love it. When Tesla is going up, Tesla investors are geniuses. When it goes down, the market is rigged.
    Read the complete report. It is full of bad news as well. You are only seeing the cherry picked information.
    7 May 2014, 09:16 PM Reply Like
  • droptop72
    , contributor
    Comments (50) | Send Message
     
    It does when you use GAAP numbers like the rest of the world does. Bottom line is that they lost 40 cents a share, for a total loss of almost $50 million. And there is almost no way they can produce the 35,000 cars they promised to in 2014.
    7 May 2014, 09:17 PM Reply Like
  • David at Imperial Beach
    , contributor
    Comments (4381) | Send Message
     
    It made no difference what results Tesla posted for the prior quarter or what the guidance going forward is. Many (TSLA) investors simply had too much money in the stock at a time when the market is now favoring value stocks over growth stocks. These investors held on until today hoping to sell into strength, but there were too many of them in the same boat and there was no strength.

     

    The stock will eventually make a comeback. It's a great company with a great product and great growth potential. But the price is very high because of these very strengths.
    8 May 2014, 01:41 AM Reply Like
  • Frank Greenhalgh
    , contributor
    Comments (4352) | Send Message
     
    What's worse is they might not be able to sell them! Sales in Europe are way down. China hasn't started because of the need for charging stations due to a poor grid network, and sales in the US have plateaued.
    7 May 2014, 10:23 PM Reply Like
  • smartpeoplesmartmoney
    , contributor
    Comments (22) | Send Message
     
    Interesting how no one is talking about the other stocks, but only TSLA... THIS is something to take notice of and a hint as to why this, some say overly priced stock, will continue to be bloated.

     

    I'd say it is because TSLA, along with SCTY, are going to swallow up the entire electricity / utility and auto markets... TSLA offers more than just nice cars made with integrity; they offer batteries... which will go into houses, commercial buildings and many other applications. TSLA is more a technology company.

     

    In terms of the car aspect; they are building a recharging infrastructure which will beckon the compliance of all other car dealerships... because they got there first... and they are just beginning to stretch their effort across the world; now in Asia.

     

    TSLA will soon be a $1,000 per share stock ( more because of the network, the batteries, the technology and equally a fleet of 22nd century cars ).... and SCTY will probably go even higher ( considering it may be the next utility model being reproduced wherever nations desire to cease polluting their environment ).
    7 May 2014, 10:31 PM Reply Like
  • smartpeoplesmartmoney
    , contributor
    Comments (22) | Send Message
     
    Interesting how no one is talking about the other stocks, but only TSLA... THIS is something to take notice of and a hint as to why this, some say overly priced stock, will continue to be bloated.

     

    I'd say it is because TSLA, along with SCTY, are going to swallow up the entire electricity / utility and auto markets... TSLA offers more than just nice cars made with integrity; they offer batteries... which will go into houses, commercial buildings and many other applications. TSLA is more a technology company.

     

    In terms of the car aspect; they are building a recharging infrastructure which will beckon the compliance of all other car dealerships... because they got there first... and they are just beginning to stretch their effort across the world; now in Asia.

     

    TSLA will soon be a $1,000 per share stock ( more because of the network, the batteries, the technology and equally a fleet of 22nd century cars ).... and SCTY will probably go even higher ( considering it may be the next utility model being reproduced wherever nations desire to cease polluting their environment ).
    7 May 2014, 10:31 PM Reply Like
  • gelstretch
    , contributor
    Comments (3505) | Send Message
     
    TSLA has a 30% short interest... it will move up tomorrow in typical fashion, and then trigger shame short covering and all will be back to normal.
    7 May 2014, 10:49 PM Reply Like
  • Miro Kefurt
    , contributor
    Comments (865) | Send Message
     
    The bottom line is that TESLA has to get 10% more for the average vehicle which now sells for $95,835.68
    To break even, that is they need $105,419.25 per car and keep sales at 7,000 to 7,500 vehicles per Quarter.
    But their sales for April are 7% down, and production now exceeds sales.
    Future is anything but bright.....
    Loss of about ($7,743.53) per vehicle delivered is nothing to be proud about, and that is the bottom line.

     

    TESLA has a long way to go to be anywhere near the top in Automotive business:

     

    2013 OEM Profit Per Vehicle
    1
    Daimler
    $4,956.52
    2
    BMW
    $3,684.21
    3
    Toyota
    $1,881.19
    4
    Hyundai-Kia
    $1,648.65
    5
    VW AG
    $1,316.87
    6
    Ford
    $1,126.98
    7
    Nissan-Renault
    $584.42
    8
    Fiat-Chrysler
    $581.40
    9
    General Motors
    $391.35
    7 May 2014, 11:24 PM Reply Like
  • Miro Kefurt
    , contributor
    Comments (865) | Send Message
     
    TESLA is also budgeting only $325 per vehicle for Warranty Costs, yet in order to have proper reserve for the entire Warranty Period (and that does not include the FREE battery replacement for 10 years or 80,000 miles as required under the ZEV regulations) the proper accrual should be about $4,200 per vehicle.
    The armor plating for the battery pack alone has already used up all the Warranty reserves TESLA had accrued on previously sold vehicles, but apparently they have not yet learned to properly accrue for future Warranty expenses.
    It should be about 5% of revenue from Vehicle sales, even the best in business as far as Warranty costs are concerned run at 1.8% and that would be $1,725.04

     

    So by only reserving $325 per vehicle they assume they will be 5 to 6 times BETTER than the BEST OEM that has 40 years of Warranty Experience....

     

    Not likely !!!
    7 May 2014, 11:42 PM Reply Like
  • David at Imperial Beach
    , contributor
    Comments (4381) | Send Message
     
    Warranty Costs are not warranty reserves. $325 sounds like the cost per vehicle to add the additional debris shields under the vehicles. It's definitely not a reserve to cover all the warranty costs over the lifetime of the vehicles.
    8 May 2014, 01:51 AM Reply Like
  • Miro Kefurt
    , contributor
    Comments (865) | Send Message
     
    Upping the current reserve by the $2.1 million and divided by the cars sold ends up to be $325.
    8 May 2014, 06:21 PM Reply Like
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