Tesla pre-orders hit 325,000

Legion Troll

Legion Troll

A fine upstanding poster
I think I know why it's so popular.


BECAUSE IT'S NOT BUTT-UGLY, LIKE THIS POS :rofl2:

ElioMotors_Austin-6.jpg




Electric car maker Tesla said on Thursday it had received more than 325,000 orders for its new Model 3 sedan in the first week of bookings.

The reservations, which can be made by paying a refundable deposit of $1,000, correspond to about $14 billion in implied future sales.

The orders for Model 3, Tesla's first mass-market car which will sell at an average price of $42,000, are "very positive" and reflect tremendous enthusiasm for the car, analysts said.

As of Wednesday's close, Tesla's stock had risen about 16 percent since the company started taking orders for Model 3, which is expected to be launched in late 2017.

With the production of the new model, Tesla is likely to boost its annual production tenfold to 500,000 by 2020.



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http://www.todayonline.com/business/teslas-model-3-sedan-gets-over-325000-reservations
 
Analysts Raise Red Flags on Tesla Motors Inc (TSLA)


In a research report released yesterday, Barclays analyst Brian Johnson reiterated an Underweight rating on shares of Tesla Motors, with a price target of $165, despite recent media frenzy of the Model 3 unveil. Johnson opined, “Admittedly, the stock may grind higher over the coming weeks post the frenzy of the Model 3 unveil – which we do not see dented by the delivery miss, and an ‘unexpected’ fund raise. Then, we would like investors to take a deep breath and realize that:

1) Model 3 is not likely to be delivered in significant volume until 2019
2) ASP will be more like $50k not $35k, and federal tax credits are eventually slated to expire, perhaps hurting reservation yield, and
3) The giga-factory won’t be at scale, battery costs may not be low enough for the 20% gross margin target on the Model 3.”

The analyst continued, “A possible $3bn fund raise would bridge the cash burn to 2020: Despite guidance on the 4Q call that it won’t need a capital raise in 2016 (with the expectation that it would only need to return to the market in 2017), we believe Tesla may justify an additional capital need by citing that demand exists to build more car and battery factories sooner rather than later, while also taking advantage of an open capital market.”

https://www.smarteranalyst.com/2016...flags-tesla-motors-inc-tsla-twitter-inc-twtr/
 
You're jelly because no automobile made in the UK by a British-owned company can match those figures.

That's understandable.
 
The Dude said:
The U.K. Is full of tesla supercharges
So they are cleaner than tom
Click to expand...

It's telling that Elon Musk, born in South African, elected to base his company in the USA instead of tiny, impoverished Tomland, isn't it?

Musk is a self-described American exceptionalist and nationalist, describing himself as "nauseatingly pro-American". According to Musk, the United States is "the greatest country that has ever existed on Earth", describing it as "the greatest force for good of any country that's ever been". Musk believes outright that there "would not be democracy in the world if not for the United States", arguing there were "three separate occasions in the 20th-century where democracy would have fallen with World War I, World War II and the Cold War, if not for the United States".


Stay on topic, or this thread will be moved to the war zone, where you will find all threads that devolve to back and forth insults.


https://en.wikipedia.org/wiki/Elon_Musk
 
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