$Tesla (TSLA.US)$ If you draw a simple linear regression lin...
$Tesla (TSLA.US)$ If you draw a simple linear regression line on the closing price, it is not only sloping =>upwards<= long term, but it is sloping more steeply =>upwards<= recently.
Presently it does have a range of $140, that is, +/- $70 around the closing mean and Elon needs to sell about another 8 million shares to get his 10%, but that deal was structured in early September as a 10b sale, most likely to raise cash for his $15 BILLION 53% tax hit for when he realizes his 23.7 Million shares at $6.234/share from August, 2012 compensation package, but Elon will end up with about 10 MILLION _more_ shares.
Happy Thanksgiving and happy investing, I definitely am, and sincerely thank shorts for my portion of the $60 BILLION they have given the longs
Cheers
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Teddy Willson : Tesla shorts collectively will lose another $200B in the next decade. There is no other way around it.
Hu Leo Teddy Willson : Some just do more
James Browny : Tesla's yearly revenue is likely to reach $2T in a decade, which I think is the bear case. The bull case should be way more than $2T with insane magin. Either the stock price will go up big time, or the P/E will drop to 2 by 2030.
Stitch-fu James Browny : I don't understand what's blocking their mind. I have a friend who is smart and experienced with stocks. After 9 years of discussions, he still can't buy one share. He still thinks it's better to short it.