[ameister14]

It's interesting that there's been a massive delay between risk profile change in 2016 and 2017 and the recent drop - a drop that it appears may be temporary. I know a lot of people that have been shorting Tesla for years and have been continuously surprised by its seemingly irrational rise in stock price.

If you look at their cash burn in Q4 2016 and Q2-Q3 2017, it doesn't fit with the press on the company or its stock performance at the time. Instead, the price hit all-time highs over that period and press was glowing.

I get that as the production numbers didn't increase along with capex there's a crunch in Q1-Q2 2018, but it doesn't seem to me that this is the reason behind tech news' change of heart.