IDEA FUTURE BUY NASDAQ:TSLA 31.10 waiting till december.17
Comment:
Production delays of Model 3. => 7% down
Comment:
Production will be full( 5000 cars/week) at late Q1 of 2018. Currently Tesla may become the first foreign automaker to produce in mainland China without a local joint venture partner.
Comment:
News about the new models boosted the stock price. Musk strategy to overcome great lows has drawn success. The price is still in the forecast trend. Only one problem appears in future, about the income Tesla will get from selling the Model 3 and the costs of China joint venture and the cost of produce the new upcoming models in 2020, but that is long ahead in time.
Comment:
Investment from reservations of 40 trucks by Budweiser Maker pumps Tesla price. Still in the price range of forecast forming double bottom => already the production of Model 3 is in full capacity => good price to enter long small volume.
Trade active
Trade active:
Getting close to TP
Comment:
TP REACHED . Thanks you.