and has been stumbling quite a bit since then.

And this week has been keeping us really busy.

On Monday, Elon Musk announced via Twitter

that the Model 3 has passed all the regulatory requirements

and he expects the first one can be completed tomorrow.

He says that there should be thirty Model 3's completed by the end of this month,

a hundred in August, over fifteen hundred in September and twenty thousand in December.

We also got second quarter production data for Tesla earlier this week

which show fewer deliveries than expected for the Model S and Model X

due to a shortage in batteries

which Musk had said had since been worked out.

Despite the recent dip in the stock,

Tesla is still up about fifty percent year-to-date.

If you look at some of the holders of Tesla,

one interesting one is Fidelity OTC fund which currently has Tesla as its largest holding

at 8.5 percent of its portfolio.

It is also one of the largest holders of Tesla's stock.

And Gavin Baker, the portfolio manager of the OTC fund,

he said in January when he drastically increased his allocation,

he said that he called the Model 3 announcement the largest consumer product to launch ever.

And there's a quote from him,

"Analogies can be dangerous, but Tesla reminds me of the early days of the iPhone,

when Apple had a clearly superior and revolutionary product in a large industry

with incumbent original equipment manufacturers (OEMs) just beginning to respond."

Analysts' recommendations for the stock are pretty split,

and given the volatility of the stock,

it's not surprising that the price.... the range of price stock target

goes all the way from $155

which about half of where it's now,

all the way up to $464 a share.