Apparently Tesla is running in all sorts of trouble and losing the trust of investors. Do you think it is a permanent downward spiral or just a temporary correction?

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[GONE] - 1995 Mercedes E300 Diesel - 130k miles - Smoke Silver (702) over Mushroom leather (265) - Bladder blasting, coast-to-coast work machine.

I have no knowledge but from what I have seen and heard around, I hopefully feel it is temporary.

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[SIGPIC] Diesel loving autocrossing grandpa Architect. 08 Dodge 3/4 ton with Cummins & six speed; I have had about 35 benzes. I have a 39 Studebaker Coupe Express pickup in which I have had installed a 617 turbo and a five speed manual.[SIGPIC]

..I also have a 427 Cobra replica with an aluminum chassis.

If it drops like that a few more times it will be close to being inline with it's true valuation.

I'm sure the news of large numbers of people losing their jobs didn't help their stock prices. I know a few people in management at their plant, and worker confidence and morale is low. They're not hitting their numbers to be profitable on their new line of vehicles. The company itself is solid, but there much back biting and such in their management teams, creating more issues than there should be.

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1987 560SL
85,000 miles

https://www.thestreet.com/story/14248212/1/tesla-is-quickly-running-out-of-government-subsidies-and-it-could-present-a-massive-challenge.html

https://www.thestreet.com/story/14374407/1/tesla-stock-has-a-stupid-valuation-says-kevin-oleary.html

Supported by government subsidies and building products for elite who can steal more than they know what to do with. How could this not be a winning business plan? It has always worked before.

Its all the crazy imaginable futuristic dreams he has set out in the media recently , theirs alot of people feeling weird about backing any projects that may work, big $$$$ and smart investors like safe.They will pull out and get back on when something has reassured the main structure of investment is based in reality .

Tsla market cap is $51 billion, Fords is $49 billion. In regards to the number of sales/production/profit Tsla can't hold a candle to Ford and should probably be priced less than $50/share.

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Jim

I remember reading about an analyst during an Enron conference call telling Jeff Skilling he couldn't figure out how Enron was making its money. He called the guy an *********. Well, turns out they weren't making money. Poof! Enron disappears overnight. Kenny Lay gets convicted, goes on a skiing vacation, goes to bed and never wakes up.

At least Tesla's problems are well chronicled in the instant current global news world we live in today. No profits, no dividends, and big production problems. It is just a car company, like the guy said. Albeit cars with high price tags and limited range and charging stations.

A guy I know leased an MB electric car within the past year. Only had it a few months. He told me MB wasn't selling them, just leasing to customers.

Forward-Looking Statements
Certain statements herein, including statements regarding *future deliveries of Model S, Model X and Model 3,* are "forward-looking statements" that are subject to risks and uncertainties. These forward-looking statements are based on management's current expectations.* Various important factors could cause actual results to differ materially, including the risks identified in our SEC filings. Tesla disclaims any obligation to update this information.
For additional information, please visit ir.tesla.com.

UPDATE - Tesla Q2 2017 Vehicle Production and Deliveries (NASDAQ:TSLA)

Currrent 10- Q

Tesla - Quarterly Report

tech stock valuation is more like religion than numbers. If you believe, alibaba is closing in on a trillion in sales, Apple is the biggest stock in the S&P, Amazon is beyond price. Gravity always works, but it can take time.

He really wants to do something revolutionary he could start in Porta Rico ,enfrastructure is wiped out .He could restart a whole way for the islands electrical grids ,inckude wind and solar .possible hybrid or full electric charging solutions.The 60 minute episode on sunday painted a bleek picture, the country is bankrupt ,maybe some coconut exchange or vacation time share.

Director of Battery Engineering is out at Tesla, no doubt following the battery production woes of the Model 3.

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-Justin

91 560 SEC AMG - other dogs dd
01 Honda S2000 - dogs dd
07 MB ML320 CDI - dd
16 Lexus IS250 - wifes dd

it's automatic.

When you have a product that is too expensive for the market, it is only a matter of time. If they drop their price to a point that improves sales, they cut too deeply in their profit margin. Investors won’t like that. My prediction is that they are doomed.

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2001 SLK 320 six speed manual
2014 Porsche Cayenne six speed manual

Annoy a Liberal, Read the Constitution

they need to get with the time. 65K pickup trucks

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