Lets get right to it. Tesla investors getting a shock. Shares falling 3 after the carmaker announce the recall of every model s. It has ever sold. So what does this mean for the stock. Lets get into the money and find out. And this is a voluntary recall and it may not cost that much in the end. It may not cost. And what location they bring in to bring the cars in. You have to set up the locations to bring the cars in. It was one faulty seat belt. So i think the 3 decline at one point was a massive over reaction here. But this is a company that is has not produced a whole heck of a lot of cars so far. They have guided to 50,000 next year. And these will become more common as they produce more cars. Right now, not a big deal. 90,000 cars, and lets assume it costs 1,000 a car. Thats 90 million. I dont think that is troubling. What is more troubling is yearoveryear quarterly both. And that has justified obscene multiples from a automaker perspective and now 10 yearoveryear. And the street
Does one look at it like a google . This has been going on for two years. Its not stepped up with those other big names. But after all, it was a ten bagger from the early 2011. So maybe the two year side way action is the pressure they need. There is much more to go. Im looking at this news is what kind of got us talking about it. Netflix was up 18 this year. There was a time that tesla was in there with facebook and google and its not anymore. Its down 25 . Its down 2 on the year. It seems to be in bate of a funk. When the good news comes out that they break Consumer Reports scale as far as testing but then Consumer Reports has to pull the recommendation, it looks one step forward, two steps back. Thats what the stock feels like to me for now. Forget valuation. I think were likely to see a period very similar to q1 last year and q1 this year when i think the stock is going to decline. I know we have fairly important 200 support. And i really want to say that, listen, i dont think anyo
The action begins right now. Lets get right to it. Tesla investors getting a shock. Shares falling 3 after the carmaker announce the recall of every model s. It has ever sold. So what does this mean for the stock. Lets get into the money and find out. And this is a voluntary recall and it may not cost that much in the end. It may not cost. And what location they bring in to bring the cars in. It was one faulty seat belt. So i think the 3 decline at one point was a massive over reaction here. But this is a company that is has not produced a whole heck of a lot of cars so far. They have guided to 50,000 next year. And these will become more common as they produce more cars. Right now, not a big deal. And 90,000, and that is 90 million. I dont think that is troubling. What is more troubling is yearoveryear quarterly both. And that has justified obscene multiples from a automaker perspective and now 10 yearoveryear. And the street was jumping all over that. The stock up 7 , but to me that
He is not the only guy on the hook. Do you see any security images here. Leave it to crafty lawyers to say that the jets are on the hook. Fair to say this guy and gal are not striking up a romance any time soon. Try any one you want, the guy behind sugar daddy thinks he hit the ultimate dating web site tweet spot. Netflix looking iffy. Time for us to get cooking in a jiffy, starting now. Neil finally someone gets fired in this administration, only one problem, it is the wrong guy. Welcome i am neil cavuto, he fessed up now he has been thrown out, Senior National security staffer of sending nasting tweets under a pseudonym. About his bosses in the obama administration, well, that is saying bad stuff about the administration gets you can. Doing bad style weve i while ie administration, gets a pass. This guy dared to vent about the big guys, well, rhymes with bitty staff. And i know not saying that mr. Joseph should not have been canned. But a lot more should have been following him out t
He is not the only guy on the hook. Do you see any security images here. Leave it to crafty lawyers to say that the jets are on the hook. Fair to say this guy and gal are not striking up a romance any time soon. Try any one you want, the guy behind sugar daddy thinks he hit the ultimate dating web site tweet spot. Netflix looking iffy. Time for us to get cooking in a jiffy, starting now. Neil finally someone gets fired in this administration, only one problem, it is the wrong guy. Welcome i am neil cavuto, he fessed up now he has been thrown out, Senior National security staffer of sending nasting tweets under a pseudonym. About his bosses in the obama administration, well, that is saying bad stuff about the administration gets you can. Doing bad style weve i while ie administration, gets a pass. This guy dared to vent about the big guys, well, rhymes with bitty staff. And i know not saying that mr. Joseph should not have been canned. But a lot more should have been following him out t