Anyone in on the Tesla IPO?

[blue2fire]

Iam looking to get short this, asap. Especially if it behaves anything like A123.

This is basically a car company that's sold 1000 cars, has no real engineering depth (Lotus fixes up the Roadster) and a plan based on a single prototype they call the S. It hasn't turned a single profit and much bigger competitors are already here with their all electric offerings.

Come on, it costs about $1 billion to engineer a decent car like the Hyundai Genesis. What will the S look like with $100mil?

[Freakazoid]

Originally Posted by blue2fire

Iam looking to get short this, asap. Especially if it behaves anything like A123.

This is basically a car company that's sold 1000 cars, has no real engineering depth (Lotus fixes up the Roadster) and a plan based on a single prototype they call the S. It hasn't turned a single profit and much bigger competitors are already here with their all electric offerings.

Come on, it costs about $1 billion to engineer a decent car like the Hyundai Genesis. What will the S look like with $100mil?

I would be if I could figure out how how to get in on it?

[blue2fire]

Originally Posted by Freakazoid

I would be if I could figure out how how to get in on it?

Too late for this one as it went live today but generally, you need to call your broker (not avail on the websites usually) to express your interest. If it is a reasonably sizeable investment and you are a good customer, they allot you the shares.

[Freakazoid]

Originally Posted by blue2fire

Too late for this one as it went live today but generally, you need to call your broker (not avail on the websites usually) to express your interest. If it is a reasonably sizeable investment and you are a good customer, they allot you the shares.

ya I wish I had watched it a bit more closely, I was expecting it to have an initial surge... coulda made a quick 6% if I had planned better.

[klipseracer]

I wish I had the time to manage a portfolio like that. Then again, my portfolio looks like a VW Bug compared to some of you

[Freakazoid]

good thing you didn't short bud you'd have been bleeding money!