What caused TSLA stock to go up/down today?

What caused TSLA stock to go up/down today?

Hoping this thread might pick up steam as TSLA stock goes through some amazing intra-day and open/closing swings due to the large short interest (I'm assuming).

For instance: Yesterday the stock dipped really low at closing so I bought. Today it jumped back up and I sold for a healthy profit.

Why did the stock dip yesterday and then rise so much today? I didn't see any news that would justify it.

NomoDinos | 2013年7月16日

@Kingtrader - thanks for the info

@Bighorn - crap, appreciate the correction.

Brian H | 2013年7月17日

Trying to time the market is a mug's game. Good luck.

dborn | 2013年7月17日

Got mostly out at 125. Enough to buy me a car! Thanks Elon. Kept enough to get my stake back when price hits 200.

JAFIC | 2013年7月17日

Alot of sheep going to cry when scenario by Kingtrader happens.

well I'm still holding on to my shares bought at 28


nickjhowe | 2013年8月23日

Stock up 14% this week. Currently trading at 162. Is there another short squeeze going on?

Brian H | 2013年8月23日

Yeah, the rebound squeeze, where the hammered previous shorts try to make up their losses! >:D

SamO | 2013年8月23日

Hitler's Short Position in $TSLA is Ruined

mdemetri | 2013年8月23日

SamoSam +1

LOL ++++. Love it.

SamO | 2013年8月23日


Just watched it again so I could laugh. Hilarious.

NomoDinos | 2013年8月23日

SamoSam - that's hilarious!

Newampster | 2013年8月24日

I received a Schwab email with a performance review for the week, Market flat, DIA down slightly, SPY up slightly, TSLA up 14.0% for the week. Just another aspect of the Tesla Grin.

Brian H | 2013年8月27日

Peaked at 173 today, crashed back to opening level, 164. Day traders must be having a wild ride!

Tesluthian | 2013年8月27日

Day traders locking in profits early after Syria war strike talk by Kerry, NATO countries, etc.

Brian H | 2013年8月30日

Some end to the week! About a buck up from 3:10 to 3:50, then $2 in the last 10 min, on heavy volume. WUWT?

JZ13 | 2013年8月30日

Possible someone wanting to hold the stock for what I term WOMM = Word of Mouth Monday. If you look at most of the Monday's over the last few months TSLA has been up big on little to no Tesla news. The exceptions being the few Mondays when analysts have issued negative valuation reports. WOMM happens because over the weekend we are giving test drives to our neighbors and relatives and word of mouth is spreading. Then they decide to buy on Monday.

NomoDinos | 2013年10月2日

Anyonw know what today's drop was from? I saw one downgrade report back to the $180's, no other news.

(Did I really just load up on some more TSLA today at $184? Is this nuts? Tesla has me doing crazy things.)

wmg | 2013年10月2日

NoMo, I saw before the market opened this morning Baird cut Tesla from Outperform to Neutral.

larmorfreq | 2013年10月2日

Someone wants to buy in, and feels better if it is downgraded... Pending european deliveries and asian orders at Q3 end. (Some countries have fees/duties tied to the liter displacement of petrol engines.)

NomoDinos | 2013年10月2日

Wmg - thanks, hadn't seen that

Larmorfreq - makes sense. I'm going to pick up some more if it hits 170's.

CeeTwo | 2013年10月2日

Well, NoMODinos, I loaded up yesterday at 190.30 and again today at 180.50. My stomach dropped more when it hit 175 than it does when I step on the accelerator from a stop in my Model S P85.

The Baird article was then quoted and embellished upon in a Forbes article that hit around 11 this morning Pacific time. Whereupon it fell even faster. Back up to 180 by close. Whew.

I agree with larmorfreq - these downgrades/articles make one suspicious that they're written and timed to provide someone with a chance to buy in at a dip....knowing that it's going to go through the roof when earnings are released early November.

Hope you picked up a bunch at 175!!!!

What percentage of owners do you think are shareholders? And vice versa.

mario.kadastik | 2013年10月2日

The move today was started by the Baird downgrade to neutral and followed by a report of a Model S on fire that had people panicking until we hit $175 and Tesla released a statement that this was due to a severe crash and fire was contained to the front of the car with all safety systems working perfectly. The stock immediately recovered to $181 level and wobbled there until close. Was able to load up some long plays during the bottom though :)

AmpedRealtor | 2013年10月2日

The market is in a general panic today because of the actions by a group of terrorists in the House of Representatives.

AlMc | 2013年10月2日

I believe the drop was long overdue. I just suspected that the upcoming GS report would be the catalyst. Instead the Baird downgrade and reports of a fire pulled it down into the 170s.

I believe we may be in for a wild ride for the next 10-14 days.

I do not feel the actions (OK inactions) of our elected representatives did much to move the stock today. I would be more nervous about the potential upcoming debate about the 'debt ceiling' mid month. That could be bad for the market as a whole.

NomoDinos | 2013年10月2日

Yeah, I think we're in for a wild ride through November when the earnings report comes out. The debt ceiling showdown is giving me nightmares, though. I'm considering moving my actual retirement funds into a cash position in the weeks leading up to it.

Anyone know the date of the earnings report yet?

Cee Two - got some more at 178 (sold off all of my Netflix and Apple to cover it). Without any data to support me, I have strong feelings about a big bump with the next earnings report. (I believe!) There was a nice thread a couple weeks ago about how many Tesla owners are not TSLA owners. I'm guessing it's about 40% of Model S/Roadster owners who also have some stock, and maybe a bit less for the inverse.

Mario - nicely done! I always seem to just miss it :) Hopefully this plays out well for all of us.

AlMc | 2013年10月2日

ER: I think I read on TMC, November 6th?

Stock: First support level is about 175-6, if we break through that significantly it could be bringing with it a bigger drop. I feel Musk will not allow this to happen without releasing some positive new. Perhaps saying European or Asia demand is greater than expected without revealing actual numbers. Some suggestion (beyond what is already rumored) about a battery supply deal.

AlMc | 2013年10月2日

I really Really wish we could edit posts on TM....please?

new= news

Jamon | 2013年10月8日

Any reason for the $8+ drop in price today? I don't see anything in the news. I'm ready to buy more call options on this dip, but want to make sure I'm not missing something...

CallVince | 2013年10月8日

I sold mine (300 bought at $ 28) for $ 189 last week because The Tesla Factory is building your Model S since 4 days…

Captain_Zap | 2013年10月8日

I some long term shares last week and I got back in with a few extra shares at a lower price. I'm holding them a long term so I think the government will re-open before then.

Jamon | 2013年10月8日

Sounds like today's dip is just about market concerns over the debt limit default. Price is recovering quickly now. The window of time to "buy low" is very narrow these days!

Captain_Zap | 2013年10月8日

edit-- I sold some long term shares last week and got back in...

Gosh. I guess my head gets ahead of my fingers sometimes.

ecarfan | 2013年10月8日

I was happy to see TSLA dip today, it triggered my buy order and now my wife and I are proud Tesla stockholders whose new Model S is set to arrive in our garage by early December.

I'm in the stock for the long term so will ignore the daily fluctuations for years to come.

What I think many people don't realize is that Tesla isn't just a car company. They are an energy storage company that happens to make cars. Their future earnings potential is huge...

NomoDinos | 2013年10月8日

It's like wagging candy over a hungry kid. I just keep going for the bait when it gets under 180!

carolinagobo | 2013年10月8日

The Tea Party Gov shutdown is affecting the economy and markets are nervous. Just wait for next week with the debt ceoiling. Don't sale just hold it.

Jamon | 2013年10月8日

Don't just hold either... be ready to buy in the panic!

Moreboost | 2013年10月9日

Big drop today closing at 168.78 I did not see any news so not sure what dropped the price. My auto buy kicked in at 179. LOL Maybe the news of new competition with many OEM's starting to release EV's in the next few months?

Jamon | 2013年10月9日

I think it's all due to market jitters over the debt limit issues. Tesla had such a fast ride up that people assume it has a long way to fall if the whole market goes south. And so many people made big profits, so they're willing to sell TSLA before a lot of their other holdings. As soon as the debt ceiling is raised - and people start looking towards Q3 earnings - I think the stock will soar back up. IMHO.

Brian H | 2013年10月9日

According to the NASDAQ site, the Q3 report will be released Nov. 4. Nice little buying opportunities in advance of that.

Blvr888 | 2013年10月10日

No idea how they come up with this date (also google finance) but it's been wrong for the last couple of quarters. TM will probably announce the date on its website few days before release as it did in the recent past.

Bubba2000 | 2013年10月10日

Tesla got nearly all the tech pieces he needs for mass deployment of Model S, X and GenIII. Model S manufacturing, supply chain is being optimized to improve the quality and precision of the car as well as reduce the cost of production. This an issue that Wall Street is ignoring: economies of scale in mass production. Extra shifts and increased capital utilization will bring those costs down as it may be already happening. I suspect Tesla is close to a production rate of 800/week or 40,000/year. It could hit a rate of 1,000/week this year.

Model X will benefit from the economies of scale of shared platform with Model S. The demand for the SUV is being underestimated. May the Falcon Wing doors and limited range turns a few customers away, for now. However, that can change. A larger battery in the 100-150 KW-hr range would make the SUV practical. Porsche sells more Cayennes than Panamera or 911s.

GenIII will use the similar design, components as Model S, X. Ultimately, there is no impediment for Tesla to scale production for Model S, X, and GenIII to 500,000 cars or even 1,000,000 auto/year. Just about every 3rd world country is able to scale production of ICE autos to millions and those are much more complicated to build. Elon certainly has access to capital. He could raise $2B to scale Model S, X and GenIII big time. 10% dilution would be no big deal at these prices, especially if 25% operating gross margins are achieved with a production rate of 40-50,000 Model S/year.

Do the math and the company could easily have a market cap of $50-100B.

EssDub | 2013年10月10日

I agree mX demand is undervalued. Most of the mS buyers are men, and now that our wives have seen how clean and easy this car is, I think they'll drive demand for the mX. And really this technology is ideal for the soccer mom gig, given range anxiety etc...

There's gonna be a lot less demand for iCE SUVs down the line.

Brian H | 2013年10月16日

Oh, noes! The stock didn't rise today. Wassamattah?

772 | 2013年10月16日

some big boy analyst at a big name firm gave the stock a "sell" rating

NomoDinos | 2013年10月16日

The sky is clearly falling. Sell sell sell!...

oh wait, Wedbush increased their price target to $240. Buy buy buy!

nickjhowe | 2014年2月10日

Don't know what it is going to do for the rest of the day, but it just hit a record high 194.53 in early trading.

nickjhowe | 2014年2月10日


Litennn | 2014年2月10日

I smell Shorts burning !

NomoDinos | 2014年2月10日

Oh man, I'm starting to lose my nerve again at these heights... I have stock agoraphobia!

Jewsh | 2014年2月10日

Almost at $200/share now.