Tesla Motors which specialises in electric cars and battery storage, co-founded by Elon Musk, hit an all-time high in share values in June and then tumbled 20% on a string of bad news – delivery numbers that missed expectations, competition, a set of bearish forecasts, and poor results in a vehicle safety test.
It was founded on 1 July 2003 and had its IPO on 29 June 2010.
The IPO chart is definitely lucky – luckier than it deserves clearly – with a Sun Mercury opposition Pluto square Jupiter Uranus in Aries. Very innovative, pushing back the boundaries with a focal point Uranus; risk-taking; ultra-confident. But Uranus tends to be erratic and unpredictable so up and down. Tr Neptune opposing the Mars later this year will be a downer; and tr Saturn square Uranus Jupiter, square Pluto and opposition Sun Mercury from this New Year till early 2019 will prune back overly high expectations and bring a reality check. Maybe a restructure in 2019 with tr Uranus trine Pluto.
The 2003 chart is also Cancerian with Sun Mercury Saturn trine Uranus Mars – so very experimental especially in machines (Mars Uranus) and aimed at the consumer market (Cancer’s public touch). Jupiter in flamboyant Leo is in a high-finance (delusional) opposition to Neptune; and a confident trine to Pluto. There’ll be a definite upheaval and reorganisation come 2019 under heavy pressure, with shortage of finances; but also luck sprinkled copiously along the way in 2018 and 2021. So very much on a roller coaster ride. Not an easy trajectory.
I love this thank you