First Model S sales decline since 2012, and worst free cash flow (negative too) since Q1 2012 despite last two Qs had positive cash flow. One can argue how mea

First Model S sales decline since 2012, and worst free cash flow (negative too) since Q1 2012 despite last two Qs had positive cash flow. One can argue how meaningful these are but it is headline glances and lack of strength in other momentum stocks that make first moves. Some say the lack of strength in momo stocks is related to the alibaba IPO but we have seen sector rotation which may undermine this theory.