Comments on: BloggingStocks on Tesla IPO: “Stay Away”

By: Samir

Samir — Fri, 23 May 2008 03:27:28 +0000

I think the institutional investors will be smarter than the individual investors who gave Tesla its kick-off cash. They will look at sources of future income and see two products, one in an everlasting state of development (The Roadster) which, even if fully developed, will never be more than a niche product due to its format (two-seated roadster??). The other product is the Whitestar, which exists only in our imagination. Not a complex analysis here – until Tesla has a product, a distribution network and a customer base, the stock will be a speculation stock.

By: rtz

rtz — Fri, 23 May 2008 02:58:17 +0000

Tesla makes and sells one model. Reminds me of Saturn when those first hit the streets. How many years are they going to sell this unchanged model?

Building a new factory from the ground up to build automobiles in Arizona or where ever is no small endeavor. That one little venture could bankrupt the company.

So now they think they can take on Toyota and Honda and rule the automotive world building their very own car(whitestar)?

So now they make and sell two models. How well does AC performance scale up? How much more performance potential exists in those motors? Does the existing motor have a lot more performance and the inverter is the limiting factor? Or are you battery limited?

By: Jeff Puthuff

Jeff Puthuff — Thu, 22 May 2008 23:44:10 +0000

Musk stinks…

By: Robert Schwartz

Robert Schwartz — Thu, 22 May 2008 20:07:23 +0000

They already made the movie. “Tucker: The Man and His Dream” directed by Francis Ford Coppola, staring Jeff Bridges as Preston Tucker.

Of course there are some differences. Tucker actually built about 50 cars.

Here is a title for the Tesla story movie: “Musk, The Man and His Odor”.

By: guyincognito

guyincognito — Thu, 22 May 2008 18:13:37 +0000

Yeah but, if you got the stock at the initial price and sold quickly couldn’t you make a bundle? I’m sure Tesla stock will skyrocket when it first hits the market. Not that I would try this but I’m sure ~~Elon Musk~~ some savy investor will find a way to profit from it.

By: Frank Williams

Frank Williams — Thu, 22 May 2008 16:52:38 +0000

BlueEr03
But I agree, this “news” does not warrant a “Tesla Death Watch” title.

Fair enough. Since this advice is based on past performance of other IPOs, and isn’t directly related to (known) problems with Tesla Motors’ finances, I’ll remove the “Death Watch” designation.

However, we’re not picking on Tesla. We’ve reported on other companies’ stock issues, and we’ll keep watching Tesla as it goes public.

By: BlueEr03

BlueEr03 — Thu, 22 May 2008 15:15:30 +0000

Actually Hunter, most IPO’s don’t make money. In fact, it is often smart to wait a few weeks until the stock price comes down to the level it should be at before buying a stock that just had an IPO. That is just basic finance knowledge.

But I agree, this “news” does not warrant a “Tesla Death Watch” title.

By: hunter

hunter — Thu, 22 May 2008 14:41:39 +0000

Story redux:

“Some stock blogger thinks the Tesla IPO won’t do well. He knows nothing at all about the company or its financials, but bases his prediction on a general pessimism regarding technological innovators. Clearly, Tesla’s death is imminent.”

Come on guys; you’re really reaching for things to whine about at this point. If you don’t have any actual news to report, do you think you could refrain from making up excuses to complain?