Tesla Motors Inc (TSLA), F5 Networks, Inc. (FFIV): This Week’s 5 Dumbest Stock Moves

Page 1 of 2

Stupidity is contagious. It gets us all from time to time. Even respectable companies can catch it. As I do every week, let’s take a look at five dumb financial events this week that may make your head spin.

Tesla Motors Inc. (TSLA)

1. Tesla doesn’t live up to the hype
Tesla Motors Inc (NASDAQ:TSLA)
CEO Elon Musk got the market worked up when a Twitter post promised a “really exciting” announcement where he was going to put his money where his mouth is.

Well, the actual announcement on Tuesday wasn’t much of a earth-shaker. It turns out that Tesla Motors Inc (NASDAQ:TSLA)’s going to offer its Model S sedan in the form of a three-year “lease” program. It’s not technically a lease. It’s a loan where the lender shells out the down payment in exchange for the tax credit. Musk himself guarantees to buy back the cars after three years if the showroom doesn’t, hence the promise of putting his money where his mouth is.

Really? This was the news that was so exciting that it was ultimately bumped to this week so it wouldn’t get in the way of Tesla Motors Inc (NASDAQ:TSLA)’s March quarter?

Pundits have also taken Tesla Motors Inc (NASDAQ:TSLA)’s math to task. The pitch claims that lease customers will have an effective cost of $500 a month, but drivers will actually be paying quite a bit more than that. The cost takes into account savings on gasoline skimping, but it also includes tax breaks available in just six states and the ability to take a business deduction on the car.

The Washington Post points out that the actual monthly payment for a Model S lease will be closer to $1,200.

2. Manatees have feelings, too
Target Corporation (NYSE:TGT) got into some hot water this week when a discrepancy on its website was called out.

A Mossimo kimono maxi dress was available as “Dark Heather Gray” for the misses sizes, but the same hue is labeled “Manatee Gray” for plus sizes.

Target Corporation (NYSE:TGT) aimed to rectify the situation, pointing out that it has other items that are classified as “Manatee Gray.” That’s true. There are shirts, footwear, and home furnishings with that option. There’s even a pair of skinny jeans with that color. However, it still looks bad when just the plus-size option for an identical dress was the only one labeled that way.

3. Time Warner Inc (NYSE:TWX) goes old-school
Time Warner Inc (NYSE:TWX)
has quietly introduced one of the more bizarre video streaming services this week.

Page 1 of 2
blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

The Top 10 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

10 Best Places to Visit in Canada

Best Summer Jobs for Teachers

10 Youngest Hedge Fund Billionaires

Top 10 One Hit Wonders of the 90s

Fastest Growing Cities In America

Top 10 U.S. Cities for Freelancers

Top 9 Most Popular Free iPhone Apps

Top 10 Least Expensive Private Business Schools in the US

Top 15 Most Expensive Countries in the World – 2014

Top Businesses to Invest In

Top 5 Things You Might Be Doing Wrong With Your Business

Top 5 Strategic Technology Trends in 2014

Top Rags to Riches Stories

Parenting Behavior That Promotes Future Leaders

Top 5 Mistakes Made by Small Businesses

Top 5 Most Common and Potentially Devastating Financial Blunders

Top 5 Highest Paying Jobs for Web Designers

Top 6 Most Respected Professions that Also Pay Well

Top 5 Pitfalls Investors Should Avoid

Top 6 Lawyers and Policy Makers Under 30

Top 6 New Year’s Resolutions for Entrepreneurs

Top 7 Locations to Check in on Facebook

Top 5 Mistakes made by Rookie eBay Sellers

Top 7 eBook Publishers in 2013

Top 6 Health Industry Trends in 2014

5 Lessons for Entrepreneurs from Seth Godin

Top 5 Success Tips from Jordan Belfort – the Wolf of Wall Street

Best Master’s in Finance Degree Programs

Top 6 Earning Celebrities Over 50

The most expensive sports to play

Top 7 Earning Celebrities Under 25

Best 7 Online Courses to Take: Free Finance MOOCs

Top 6 Bad Habits that Promote Failure

20 Most Valuable Soccer Teams in the World in 2013

12 Most Expensive Countries for Foreign Students

Top 30 Most Influential Women in the World

Top 20 Most Expensive New Year Eve Shows

Top 5 Best Vocational Careers

Top 10 Jobs for 2014 by Salary Gain (Predictions)

Top 5 Digital Trends for 2014

Top 6 Things You Can Do To Increase Your Productivity

Top 9 Trending Smartphones in 2013

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!