Tesla shares slip below IPO price

I looked at one of those links you provided, and it's some of the same negative, unsupported, drivel that we see here at times only we call them "trolls." Why are the stock market sites so negative? I just started looking at them a week ago, and the negativity is overwhelming. Could it be that the "pumpers" and "shorters" need these swings in the market to make money? After all, if it slowly goes down or up, they can't bail out quick enough to make a buck?
Is there a stock market site where cool heads prevail?

 

Then maybe it's a good time to buy if you believe Tesla has a future?

 

I do and I did - last week the day of the IPO. I'll see where it's at after the "S" sedan is rolling off the MUNI assembly line, however, at some point I hope to be able to sell enough of what I bought to pay off what I paid for all of it and put a little extra in my wallet. If that happens soon, that's fine with me also!
Then, it's all paid for!:rockon:
Probably won't happen for a while as it seems to be trending down.

 

i think you've hit the wall street nail on the head. it's VEGAS BABY!:rockon:

 

Every stock in the stock market fluctuates from day to day. Inexperienced investors freak out when it moves from day to day, but experienced investors invest for the long term. (assuming there has been no major news released - like owning BP stock when the oil spill was first announced)

 

I'm not freaking out. I'm going to wait until the "S" model is rolling out the door of the Tesla plant before I do anything with the few shares I bought.
My point was that the tone of the negative comments is so - well, NEGATIVE! Almost gleefully so, and these posters are using these sites to slam the Tesla product even before it's been put in production making all sorts of wild claims. All the talking heads are dissing the Tesla stock, but then end with comments like “The stock is a crap shoot, basically.†Or another one says “But unlike other young tech companies that have gone public with a hot product already in the marketplace, Tesla’s first commercial vehicle -- the Model S -- won't be mass-produced until 2012.†I guess the roadster that has been selling OK for 2 years now doesn’t count as a “…first commercial vehicle…?†And let’s not even talk about the waiting list if you tried to buy one tomorrow. JUST NO DEMAND FOR THESE CARS, I GUESS?


I’m just really tired of reading that the battery only will last 6 months and then cost $36,000 to replace.

I’ll tell you what, when the new GM does it’s IPO this fall, I might jump in on that also! If the Volt ever comes out that will get some attention right there.

 

I'll repeat my comment from Autoblog Green:

The stock market price means absolutely nothing to the company in the short-to-medium term. They raised $226m from the IPO, that'll pay for development and production of the Model S.

The downside to a low stock price for most publicly-traded companies is that it reduces the cost for another company to make a hostile takeover bid. That's not possible for Tesla Motors as the stock sold in the IPO is only 12.8% of the company, way less than the threshold for takeovers. It barely allows for anyone purchasing all the outstanding shares to get themselves a seat on the board. Toyota bought 3.15% of the shares.

The share price itself is like all other shares: it reflects solely what people are willing to buy and sell it for, which is normally based on what they think other people are willing to buy and sell it for. Don't try to read more into it than that. Don't try to guess why a stock price moves. It moves for any reason or none at all. It's certainly not due to profitability or expected future profitability - Microsoft's stock price hasn't moved in a decade and yet they're reaping billions annually, and can expect to continue to do so for the foreseeable future.