Tesla Fan

@garyblack00 Cars are not homes... People need to live in homes for other reasons other than investments. Move for better neighbourhoods/schools etc.., people don't have to own an electric car, or buy a new car in general

For those voting the economy why are home purchases so strong? $DHI stock price is near a record.

In early Jan, $TSLA M-Y was $65,990. Today, it’s $49,900. After the $7,500 EV credit the new cost is $42,400, or 35% lower. Why isn’t TSLA demand elasticity higher?

@ValueAnalyst1 @elonmusk to take a shit.

It’s time @elonmusk

Finally legacy automakers are saying EV is the future. People are holding off on purchasing gas cars. Elon just gave the world a reason to only purchase Tesla EVs by giving a massive price cut. Is this the ultimate Checkmate move on Legacy auto makers? @elonmusk @TroyTeslike ?

@patten1962 @DesktopMetal If DesktopMetal continues to create press releases for every major sales they do, the market will start being desensitized... This is non-standard for most companies.

$DM My prediction. @DesktopMetal will give us 2 more good press releases before January 1st.

@ricfulop I got mine yesterday. Pretty impressive. It handled some pretty difficult situations. However it remains to be seen how they can solve for more challenging edge cases

Amazing how fast this is improving

@patten1962 @Miketrades2020 This $9M deal was likely committed to Q4, backed into their forecast. Closing the deal means less risk of not meeting their revised Q4 It is not customary for companies to release press releases for every every major deal. DM needing to do that too prop stock is seen as a risk

@Miketrades2020 Still shocking to me that this kind of news piggybacked om the VA deal is not driving this stock to higher levels!

@Miketrades2020 Repeat orders means their Shop systems continue to provide concrete value to their manufacturing processes (MP). Typically MP takes many months to years to plan... Once Shop was chosen early on, it is hard for them to deviate other solutions in their system with sig rework

@xchgkaizen @Miketrades2020 For $9M, you would imagine they got to skip the line to ensure they recognize revenue for Q4... There is no way in hell they will prioritize smaller orders.

@Miketrades2020 I’m wondering when will they be able to ship product and recognize the revenue. How does this get prioritized vs existing backlog. Is the order concentrated within a product line (e.g. just xone machines) or is there success in cross-/up-selling into other DM offerings. Many ?s..

@Miketrades2020 This is certainly a positive sign from a revenue risk respective to the revised Q4 forecast, but likely this $9M deal was already committed as part of that number hence, the stock price barely moved.

@AhmedAb84859591 @Miketrades2020 Especially after an epic fall in revenues that not all of their competitors are experiencing. The stock rose on news that they are doing deeper than expected cuts, but is that a reason for optimism? Or signs of more pain to come?

@AhmedAb84859591 @Miketrades2020 They kept throwing around the 80 number of p50 lined up buyers. Why is there still only one sale this whole year?as much as I am still a desktop metal fan, I’m starting to see the holes in their story.

@RentalNovice I still haven’t changed my nickname. I’m still rooting for DM

@RocketBeans Up 11% today. Good timing.

As of this last minute, I have sold all my $dm shares. I wish everyone best of luck!

@Miketrades2020 I still haven’t changed my username 🙌

@Miketrades2020 Amazing to see price holding up!

@MJD007 I hope u are right! Best of luck my friend

@RocketBeans Lol, no, the fundamentals haven't changed. The macro environment changed with a growth slowdown. But DM clearly will be able to weather this storm. They have plenty of cash, which will be evident once they sell down existing inventory.

@MJD007 They don’t have plenty of cash. I’ve held since day one and double downed at $1.28.I am not sure if I qualify for having weak hands lol. I recommend studying the facts. The fundamentals of this business has shifted dramatically.

@RocketBeans I have a great cost basis and no way would I sell. Best time to buy is when confidence and visibility are low, which is right now! $DM has plenty of cash to get through this. It's good for the stock to flush out the weak hands

@patten1962 @Desktop @ricfulop I hope and wish for the best

$DM I know people are upset with the Earnings Call. I also wish it was better. I am not selling. As a matter of fact I bought more at $1.93 This is a long play. I believe @Desktop will be profitable by the end of 2023. @ricfulop is a good man.

@AhmedAb84859591 @wildace I agree. I just worry for the near term which could impact any potential of having a future at all. They are burning cash at an alarming rate and revenue growth is not in reverse. Scary. Of course I could be wrong and I hope to be wrong. I wish you luck short and long term.

@RocketBeans @wildace It is a risky investment and it should be long-term for anyone holding it you should not be trading the stock and make sure it does not account for more than 5% of your overall portfolio

@wildace @AhmedAb84859591 For your sake, I want you to be right.

@RocketBeans @AhmedAb84859591 They cut the guidance to match the trend they are noticing. It is entirely possible everyone calls up asking for stuff to be delivered in Q1 that they pushed back for fear of the unknown. The orders are there - just delayed, not cancelled. However you cannot claim the revenue.