It caught back up to the forecast in this dramatic rally on bullish news:
1. New Jersey allows direct sales of TSLA.
2. New York allows Tesla to keep its current stores.
3. The Model-X will be produced soon, flyers mailed out.
4. Tesla sharing its battery technology to boost market growth and joint-development by other auto manufacturers to reduce the burden on Tesla to build out the charging network.
The shorts are covering here and 230 was a decent short-term target. I don't have a problem with anyone booking profits here at the 230 level.
Tim 10:08AM EST 6/17/2014 230.20 last +5.59 (2.54%)
1. New Jersey allows direct sales of TSLA.
2. New York allows Tesla to keep its current stores.
3. The Model-X will be produced soon, flyers mailed out.
4. Tesla sharing its battery technology to boost market growth and joint-development by other auto manufacturers to reduce the burden on Tesla to build out the charging network.
The shorts are covering here and 230 was a decent short-term target. I don't have a problem with anyone booking profits here at the 230 level.
Tim 10:08AM EST 6/17/2014 230.20 last +5.59 (2.54%)
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