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re: Investing In Tesla
Posted on 4/28/17 at 7:23 am to Cdawg
Posted on 4/28/17 at 7:23 am to Cdawg
FWIW the chart looks tightly wound up here at the top and possibly could explode into the Q1 report next week. They did $1.6B in Q1 revenue in 2016 and sold 14k cars, we know they sold 26k cars in Q1 2017, so revenue growth is easily 75% higher at a minimum, that doesnt count tesla energy/solar city/autopilot updates/battery upgrades. So if they layout a large rev growth update or even post a tiny profit, it could really go significantly higher, I wouldn't worry much about action between today and 5/3 when earnings are released, bears will be trying their damnedest to shake the tree as much as they can before.
Posted on 4/28/17 at 7:59 am to dabigfella
As an addition to this thread, how would you play lithium suppliers? Is the supply limited?
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