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re: Investing In Tesla

Posted on 4/28/17 at 7:23 am to
Posted by dabigfella
Member since Mar 2016
6687 posts
Posted on 4/28/17 at 7:23 am to
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 by dwr353
Member since Oct 2007
2130 posts
Posted on 4/28/17 at 7:59 am to
As an addition to this thread, how would you play lithium suppliers? Is the supply limited?
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