# Brokers Disagree With Elon Musk

**URL:** https://community.electricforum.com/t/brokers-disagree-with-elon-musk/5422
**Category:** Tesla Electric Car Forum
**Created:** [October 11, 2015, 10:20am UTC](https://community.electricforum.com/t/brokers-disagree-with-elon-musk/5422 "2015-10-11T10:20:37Z")
**Posts on this page:** 7
**Page:** 1

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### Author: ![tmark938](https://avatars.discourse-cdn.com/v4/letter/t/51bf81/32.png) [@tmark938](https://community.electricforum.com/u/tmark938)
#### Post date: [October 11, 2015, 10:20am UTC](https://community.electricforum.com/t/brokers-disagree-with-elon-musk/5422/1 "2015-10-11T10:20:37Z")

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It seems that Elon Musk believes Tesla could be profitable next year:-

[Tesla Motors Inc Could Be Profitable Next Year: Elon Musk](http://www.businessfinancenews.com/24841-tesla-motors-inc-could-be-profitable-next-year-elon-musk/)

although brokers covering the company have differing opinions. There is concern that the company may struggle to hit sales targets for the Model X:-

[Tesla Motors Inc. (TSLA) Share Price Drops On Model X SUV Price, Lower Sales Forecast](http://www.ibtimes.com/tesla-motors-inc-tsla-share-price-drops-model-x-suv-price-lower-sales-forecast-2129620)

[Can Tesla downshift from $130,000 SUVs to mass market electric cars? | Technology | The Guardian](http://www.theguardian.com/technology/2015/oct/07/tesla-model-x-elon-musk-suv-mass-market-electric-vehicles-cars)

[Elon Musk’s Tesla (TSLA) Gets Dinged Again on Model X Concerns - TheStreet](http://www.thestreet.com/story/13318543/1/elon-musk-s-tesla-gets-dinged-again-on-model-x-concerns.html)

Elon Musk usually delivers what he promises but why are analysts so negative?

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### Author: ![Greendriver](https://avatars.discourse-cdn.com/v4/letter/g/5f9b8f/32.png) [@Greendriver](https://community.electricforum.com/u/Greendriver)
#### Post date: [October 11, 2015, 11:02am UTC](https://community.electricforum.com/t/brokers-disagree-with-elon-musk/5422/2 "2015-10-11T11:02:06Z")

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Dont underestimate Elon 🙂

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### Author: ![Old\_Houseboater](https://yyz2.discourse-cdn.com/flex030/user_avatar/community.electricforum.com/old_houseboater/32/544_2.png) [@Old\_Houseboater](https://community.electricforum.com/u/Old_Houseboater)
#### Post date: [October 11, 2015, 12:05pm UTC](https://community.electricforum.com/t/brokers-disagree-with-elon-musk/5422/3 "2015-10-11T12:05:34Z")

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Dunno - reality may be catching up. You cant keep selling at a loss and make a profit.

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### Author: ![Greendriver](https://avatars.discourse-cdn.com/v4/letter/g/5f9b8f/32.png) [@Greendriver](https://community.electricforum.com/u/Greendriver)
#### Post date: [October 11, 2015, 2:59pm UTC](https://community.electricforum.com/t/brokers-disagree-with-elon-musk/5422/4 "2015-10-11T14:59:46Z")

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“You can fool some of the people all of the time, and all of the people some of the time, but you can not fool all of the people all of the time.”

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### Author: ![ctxnut2](https://avatars.discourse-cdn.com/v4/letter/c/8e7dd6/32.png) [@ctxnut2](https://community.electricforum.com/u/ctxnut2)
#### Post date: [January 13, 2016, 2:07am UTC](https://community.electricforum.com/t/brokers-disagree-with-elon-musk/5422/5 "2016-01-13T02:07:54Z")

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whats the story now? im pretty sure tesla is running profitably with over a 22 billion dollar market cap

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### Author: ![EvForum](https://yyz2.discourse-cdn.com/flex030/user_avatar/community.electricforum.com/evforum/32/322_2.png) [@EvForum](https://community.electricforum.com/u/EvForum)
#### Post date: [January 13, 2016, 2:21am UTC](https://community.electricforum.com/t/brokers-disagree-with-elon-musk/5422/6 "2016-01-13T02:21:40Z")

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I think Tesla will eventually make good money but may need further financing in the short term. All of the foundations are there for a great company - I think I recently heard Elon Musk suggesting the company would need to raise funds in the short to medium term.

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### Author: ![ctxnut2](https://avatars.discourse-cdn.com/v4/letter/c/8e7dd6/32.png) [@ctxnut2](https://community.electricforum.com/u/ctxnut2)
#### Post date: [January 13, 2016, 5:46am UTC](https://community.electricforum.com/t/brokers-disagree-with-elon-musk/5422/7 "2016-01-13T05:46:22Z")

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i would be surprised if they need another financing run. if you check out their balance sheet they have an extremely healthy amount of cash and cash equivalents in their current assets. where did you hear about this financing run? ive been considering buying more shares but now youve peaked my curiousity
