As fantasy football players will probably know, the sports media industry is figuring out how to get algorithms to automatically "write" articles based on data sets and some sort of phrase generator. We're still real people here at Autoblog, but when it comes to yet another post on how Tesla Motors stock (TSLA) has hit yet another record high, we could use some robotic help.

After all, you've read this story as many times as we've written it, that TSLA stock is higher today than it has ever been, whether that was the now-quaint levels of $53 or $83 or $90. But breaking records is always impressive, so when the stock crossed the $180 threshold today – an increase of around eight percent for the day – we took notice. We're sure the robots that control the stock trading noticed, too. By the end of the day, the stock was back down to $177.92, but that's still a solid jump from the $170.80 opening.

In any case, we're guessing all those new "Teslanaires" are glad they haven't backed out yet. How long do you think they should they stay in the game? After all, buried on that list of stock records was a prediction that TSLA could hit $200 ... or back down to $20.


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  • 94 Comments
      Jason
      • 1 Year Ago
      Oh -- and just so you know -- I'm not contesting the ability to make money by going long Tesla. It could happen. The technicals seems to be in your favor. I'm just not a day trader and anyone currently in the stock really should be. I'd be happy to walk you through my ballpark valuation estimates, but I think Aswath Damodaran did a good enough job of it. You can look him up to see what I'm talking about.
      bluepongo1
      • 1 Year Ago
      It's funny to see everyone with a grudge against Tesla Motors (because they made the troll's business model obsolete or they're too poor to aspire to own one.) ignore all the popular news stories in the ABG list on the right and predict negativity. I guess troll negativity keeps them from seeing that Tesla Motors is looking farther into the future (self-driving, charging lanes, new battery tech, global sales, etc.) , so they project their own gloom and doom on others. :-)
        Jason
        • 1 Year Ago
        @bluepongo1
        I can't tell if you're trolling or not.
      purrpullberra
      • 1 Year Ago
      This is so funny, how so many awful people made awful bets due to their awful gut instincts which were informed by awful, "conservative" "news" sources. I hope a lot of families were ruined financially because of a "conservative" idiot who bet against Tesla. It should be a lesson but "conservatives" don't think they just react. I dare say that every single individual who lost money on Tesla deserves their misery, it was well earned. Betting against Tesla is a sign of anti-American, anti-freedom bigotry. That said, I'm not sure anyone can justify this share price or convince a skeptic to change their mind about this stock. It seems to me that to understand why one should be optimistic about Tesla it requires one to know a lot about the numbers of people who are interested in that type of product and who are able to buy the car and/or stock. Sheltered, small-town or closed-minded individuals will never meet those people and therefore think they don't exist. That is why they can't believe anyone would buy the ModelS; they have no understanding of the people who exist that they don't personally know. It is the exact same reason that "conservatives" thought they'd win the last presidential election. They simply have no one in their life that doesn't agree with them about everything. And they tend to be much less willing to believe that there other sides to a story let alone that they may be correct in disagreeing. I am no longer buying but it's because I need to diversify not that Tesla won't eventually go much higher. I bet Elon would still buy if that were a priority. I still believe we'll see $200 by the end of the year.
        Grendal
        • 59 Minutes Ago
        @purrpullberra
        $200? I would not be surprised if that happens sooner rather than later.
      rlog100
      • 1 Year Ago
      Obviously stocks are driven purely by buzz & speculation these days. You can see it in the posts in this thread.
      Sorten Borten
      • 1 Year Ago
      Until Tesla makes a profit investors can pretend that the potential is unlimited. As soon as they turn a profit then people can decide if they should really be worth more than twice as much as Fiat or 60% of Audi. The main problem for Tesla is that the tiny quarterly profit they made last quarter came exclusively from the zero emissions credits that other manufacturers are required to purchase off of them in California. If those other manufacturers start making their own electric cars (or if sales of the Leaf, Fit, Fiat 500, Volt increase significantly) then Tesla's numbers will look much weaker.
        Weapon
        • 1 Year Ago
        @Sorten Borten
        Tesla made a gross profit, even without ZEV credits. Considering Tesla plans the credits to hit 0 by end of the year and still be profitable points that it is not an issue.
          Sorten Borten
          • 1 Year Ago
          @Weapon
          Interesting. Then how do you explain the net loss in their most recent 10-Q filing? http://ir.teslamotors.com/sec.cfm
          raktmn
          • 1 Year Ago
          @Weapon
          Tesla made a profit in their first quarter this year, including the ZEV credits, with only a gross per-unit profit of around 8% Now they are in the 20% per unit profit range, and executing to a plan to reach 24% profit per unit this quarter. Once per profit amounts go up, the ZEV credits won;t play into whether they are profitable via GAAP accounting anymore.
          Sorten Borten
          • 1 Year Ago
          @Weapon
          Oh, sorry, you wrote "gross profit", which, along with "revenue", is a term that proponents of a company like to toss around to justify an inflated stock price. Let's put it this way: If Tesla continues down their current financial path they will run out of money long before they justify their current $21 Billion valuation.
      JayH
      • 1 Year Ago
      this article was obviously not written by robots if you judge it by the amount of typos and errors in it. but commenting on the actual news, I love tesla. I think it makes beautiful cars and to start up a car company from zero in such a short amount of time and to do so well, they deserve their stock to keep going up. but of course, they also have to keep innovating... but I think they work like apple, so it's a solid growth...
        Sorten Borten
        • 1 Year Ago
        @JayH
        I agree. I prefer to look at Tesla without considering the stock price. Musk & Co. have built a beautiful, competitive electric sports sedan and the supercharger network was a brilliant move. I'm definitely rooting for Tesla these days (still not a huge Elon Musk fan, but I'm coming around).
          raktmn
          • 1 Year Ago
          @Sorten Borten
          You forgot Mercedes showing up with cash and knowledge at critical points to that absolutely saved their backsides. Elon is very verbose when talking about all the help they've gotten to get where they are today. As for angel investors, you forget about Elon himself. He's done it many times, in many ways.
          mylz
          • 1 Year Ago
          @Sorten Borten
          I am not a fan of him either. He should have stepped down years ago. The company should have gone bankrupt years ago too. Toyota and the gov saved his ass. Yea they repaid their gov loans back but they had very few private investors or angel investors which says a lot
      Grendal
      • 1 Year Ago
      Too bad I sold everything at $160. I should've bought Solar City at $29 a couple weeks ago and I'd be doing even better than Tesla. That's why it's called gambling.
      Technoir
      • 1 Year Ago
      Just like when goldman sachs crooks and a few other financial scammers said facebook would be worth $100bn. Its overpriced.
        CoolWaters
        • 1 Year Ago
        @Technoir
        Facebook is overpriced. It's the new MySpace. I disagree about Tesla though.
      Avinash Machado
      • 1 Year Ago
      Impressive.
      the.fog
      • 1 Year Ago
      Ridiculous! In reality, it isn't worth half that.
        raktmn
        • 1 Year Ago
        @the.fog
        Is TSLA worth this right now, using just backwards looking numbers and data already reported in SEC reports? Nope. But if you are investing based upon looking backwards instead of looking forwards, you should stay a long ways away from any newly IPO'ed cutting edge company. You are investing against folks doing math on future events in the company, and how much future successes will pay off in terms of stock value if they hold and accumulate for a number of years. These folks will clean your clock over time if they are right and you are still basing your decisions on past quarter SEC reports.
        m_2012
        • 1 Year Ago
        @the.fog
        You say that like Tesla doesn't have a game changing, award winning car that is selling with a wait list. Go ahead and short them if you think that. My stocks will thank you.
        yonomo200
        • 1 Year Ago
        @the.fog
        Time will tell what it's "worth' but yeah, the price is inflated by hype. Once the hype dies down, the market will determine the price in a more "natural" way. Maybe more, maybe less.
        jtav2002
        • 1 Year Ago
        @the.fog
        Plenty of stocks have grossly inflated value.
      Karl_T
      • 1 Year Ago
      Way overvalued....... Company numbers don't justify the stock price.
        GoodCheer
        • 1 Year Ago
        @Karl_T
        You're absolutely right, but then... this is the communication age, when millions of individual investors pick stocks for themselves, rather than getting professionals to do it. The result is a lot of people investing with their hearts, rather than their heads. And a lot of people really love Tesla.
        raktmn
        • 1 Year Ago
        @Karl_T
        Which company numbers are you talking about? D0 you mean the latest quarterly SEC reports, that now include events that happened way back in April? Or do you mean the projected numbers once the Model S has a successful global roll-out it kicked up this quarter, and numbers haven't been released yet regarding? Or to you mean the numbers totaling up the value of Fisker if the Model X and GEN III are succesful? Which way are you making your valuation? Based upon outdated data from a fast growing company, based upon estimating current quarterly business activity that is going on right now, or numbers based upon the value of future successes that you are willing to hold your stocks long enough to realize profits on those future events? Whether it is overvalued, way overvalued, or has future value already banked into the price would depend upon what kind of investor you are.
          raktmn
          • 59 Minutes Ago
          @raktmn
          Damn it, typed Fisker, while thinking Tesla. Drinking and posting is bad, M-kay?
      • 1 Year Ago
      I think Mr. Musks' policy in this matter is known as scorched earth, take no prisoners etc. We are witnessing a grand paradigm shift of epic proportions. The entire "automotive and oil industrial complexes" will collapse as an unneeded operation as electric drive takes over. I bought at 164 and say TSLA will be 200 before the end of the year.
        telm12345
        • 1 Year Ago
        If you really think it'll hit 200, buy some futures.
          • 1 Year Ago
          @telm12345
          I bought calls on TSLA earlier this year and lost 100% of that investment (too short of a time horizon). So, I am sticking to a no options policy for now.
        Marco Polo
        • 1 Year Ago
        @ Sparky, I like your enthusiasm, but it will be a very long time before " the entire automotive and oil industrial complexes collapse ". There are more than 3-4 billion engines currently using some form of fossil fuel. Good luck with your investment, as Elon Musk and his team at Tesla are true pioneers.
          pag@optusnet.com.au
          • 1 Year Ago
          @Marco Polo
          @ Sparky, Hopefully, the premium for EV's will reduce, and range will extend with more advanced batteries. However, Oil companies won't be short of customers for a very long time. In fact, what most people don't realize is that gasoline is a very low profit earner for Oil companies. The most profitable product are from petro-chemicals, medicines, fertilizer etc.
          • 1 Year Ago
          @Marco Polo
          Thanks for your reply, How long will it take? Maybe 5 years from now you can the choice of oil or electric drive for the same price. Then we can short exxon and the rest
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