Tesla (NASDAQ:TSLA) the ‘Failures and Fury’

Tesla (NASDAQ:TSLA) the ‘Failures and Fury’

Tesla (NASDAQ:TSLA) the ‘Failures and Fury’


Last Thursday, Tesla Inc (NASDAQ:TSLA) declared that it is on track to achieve its production targets for the Model 3, directly contradicting a report of further delays and quality issues for its latest and most-affordable sedan.

Tesla’s problems with battery production at its Gigafactory in Sparks, Nevada, are worse than it had acknowledged, it was reported early in the day, citing some company employees.

“To be absolutely clear, we are on track with the previous projections for achieving increased Model 3 production rates that we provided earlier this month,” a Tesla spokesman said in a e-Mailed statement.

“As has been well documented, until we reach full production, by definition some elements of the production process will be more manual,” the spokesman said.

Earlier this month, Tesla delayed a production target for the Model 3 for the 2nd time, disappointing investors even as it claimed “major progress” overcoming manufacturing challenges that have hampered the EV’s roll-out.

Tesla currently plans to make about 2,500 Model 3s per week by the end of Q-1 Y 2018, 50% the number earlier promised investors and buyers. It expects to reach its goal of 5,000 vehicles per week by the end of Q-2, it said in the statement.

Curious, Tesla’s hypmeister CEO Elon Musk is not talking or Tweeting.

Symbol Last Trade Date Change Open High Low Volume
NASDAQ:TSLA 342.85 26 January 2018 5.21 341.5 344 335.71 4,538,000
HeffX-LTN Analysis for TSLA: Overall Short Intermediate Long
Neutral (0.23) Bullish (0.27) Neutral (0.10) Bullish (0.31)

Have a terrific week.

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

4 Responses to "Tesla (NASDAQ:TSLA) the ‘Failures and Fury’"

  1. Rey Cabal   January 29, 2018 at 12:43 pm

    Jan 29,2018 ,miday $344 and not going down at all it seems,shorts will suffer.

    • Paul Ebeling   January 29, 2018 at 4:01 pm


      Musk’s businesses are rentier, Tesla and SpaceX, throughout history all rentier businesses fail, it will not be different this time. Meanwhile, let profits run, and insure against coming losses.

      Tesla has a enterprise value of about $75/share.

      All the best,


    • John Heffernan   February 12, 2018 at 9:28 am

      seems they did well, however for the longs this will not be over quickly, they will not enjoy this

      • Paul Ebeling   February 14, 2018 at 6:09 pm

        Hi John, hymeister Musk cannot make or finance the few cars they make. They have no Chinese partner for that market, and so Musk is floundering there. All rentier businesses fail. All the best, Paul

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