lorenfb wrote:Given the irrational behavior of the typical TSLA investor, it won't be until mid 2019 for the market to realize that the M3
isn't the financial savior Tesla needed...Most naysayers predicted that the M3 wouldn't be delivered to reservation holders for a price less than $50K, if ever. For 2018 deliveries, this has even been confirmed by Tesla.
Agree with skepticism on Tesla to deliver a significant quantity (to meet demand or qualify for the full federal tax credit) of the $35k-36k version for a long time beyond fan predictions. I had also maintained this stance from the beginning.
But it’s hard to deny how well they have done to this point. I am not so confident in the market to correct the TSLA stock as described. You may be right. But if I were that certain, I would be shorting the stock.