Telsa Stock Tanks - Is Cheap Gas Going Ruin The EV Market?

This sounds like fluff considering that the entire market is taking a hard hit.

As soon as gas prices go up because of "refinery maintenance" or "weather", ev sales will increase.

can it last until 2017 ?

I just picked up oil stock today. How much lower could the barrel go before it goes up again? Perhaps I should be Tesla too.

There is an apparent typo in the above article -

the statement "...Wall Street has grown increasingly skeptical about the company in recent weeks.."

Should read "...Wall Street has grown EXTREMELY ALARMED about Tesla in recent weeks..."

If you are hanging onto your Tesla, you should read those reports and make up your own mind. Its a risky stock. Aside from the EV hype - ask yourself - "..has ANY new car company started in the last 50 years survived and thrived?" The answer is NO.

The question is whether (a) Tesla will just die on the vine, slowly or (b) once a Republican is President and eliminates all the nonsense green energy subsidies and credits, does Tesla just vaporize on that news?

Tesla stock is down for real reasons - not just following the stock market. Tesla is doomed.

The Tesla fanboys will crap themselves, but it's also getting out that Teslas have a warranty issues.

I said all along that their sales model was NOT going to work for the long term - and when other manufacturers entered the market - Tesla was doomed. THe low price of gas is just another nail in TEsla's coffin.

Tesla became the "IT" car of its time - but with cheap gas - that time has passed - and Tesla never came through with two things
1 - It never produced an affordable car for the masses - which it always promised AND
2 - It never produced a profit on the already expensive cars it did produce. Without HUGE sale from that MegaFactory - they simply cannot reduce the price of the technology enough to make it work.

THat means that the cars were expensive - too expensive for the average person - and the likelyhood of them producing a profitable cheaper car - depended again on them leading the market - but GM is going to beat them to market with the Bolt - and their sales model is not the restrictive one that Tesla has.

We all know that the more expensive and electronic a car is - the more likely they are to need repairs - because the technology has not had time to see all of the ramifications alone. That also shows in the first year of major parts of a car - as a Transmission guy - I always knew that the first year of a new transmission was likely to show a need for a major parts change - but after that happened - they were likely to be relatively reliable. But - Tesla did not get that affordable car to market.

Saw a couple Model X vehicles driving around recently. God they look terrible. Like some POS Chinse car that should sell for $15,000. No one could pay me to drive one.

And the Model S was designed in 2009. In car years, the design is dead.

What is Elon smoking?

You don't buy a tesla to save on gas. just like you don't buy a ferarri because you simply wanted a fast car. Stocks are down across the board. No stock is safe. Plus oil has been down over 70% in the last 2 years. Oil has never been down more than 3 years in a row in recent years. Speculators have already been calling a bottom... which I agree should happen soon.