Tesla Motors Inc Stock Tanks After 'D' Announcement

Mark Melin

Published onOctober 10, 2014

Updated on May 13, 2021

Buy the rumor, sell the news.

At its much anticipated product announcement last night, Tesla Motors Inc (NASDAQ:TSLA) revealed truly amazing developments as the much anticipated “D” that was so successfully teased was a “dual motor.” The free advertising Tesla received off a single Tweet was amazing, but was not overshadowed by the fact the company was also first to come to market with an “auto-pilot” feature for semi-autonomous driving.

Elon Musk excited with the newly unveiled Tesla

“This car is nuts,” an excited Elon Musk, Tesla’s founder, said like a father watching the unveiling of a new car that has...

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Mark Melin

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

Tesla Motors Inc Stock Tanks After 'D' Announcement

Elon Musk excited with the newly unveiled Tesla

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