I noticed the TSLA stock took hit of almost 10% this morning... was very surprised following the SuperCharger event last night.
Little investigations shows they're now offering additional 5,000,000 shares to pull in another $150M and I believe guided down on 2012 Model S deliveries. From 5,000 down to about 3,000.
The article in reference is:http://www.istockanalyst.com/finance/story/6057839/tesla-motors-tsla-cuts-2012-revenue-view-amends-loan-agreement-shares-off
As an investor I'm disappointed in that Elon stated more than once in conference calls that 5,000 Model S deliveries by year end and I also recall him stating that TSLA wouldn't need any additional capital... now just few month later they fail on both?
Of course revenue guidance is down as well company now expects revenue between $400 million and $440 million, down from $560 million to $600 million projected earlier. Free electric charging is great but not when stock is suffering right?
Anyway, just want to see if any other investors out there are getting nervous?