Tesla on the Rise

Tesla TSLA 1,022.37 +35.42 +3.59% was one of the few stocks in positive territory today after investors actually believed an internal email from Musk saying “Based on current trends, we have a good chance of exceeding the record 90,700 deliveries of Q4 last year and making this the highest deliveries/sales quarter in Tesla history!”

This after the stock took a dive last week because of another email Musk wrote talking about “hard-core” cost cuts. Not sure which internal memo to believe…

Unfortunately the new email doesn’t address the incredible amount of cash Tesla is rolling through, nor does it talk about production delays, vehicle price cuts, or any of the other problems plaguing the electric car company.