Recent content by porc

Just being talked about. Wont happen.

I would like more discussion on the topic capex and profitability. CapEx is no excuse for lack of profitability, since it is depreciated over a long period of time. SGA costs have been increasing proportionally to sales. Gross margins are better at Tesla, partly because they dont have to...

Tesla projection of 8% improvement in energy density per year is too optimistic. Historically battery energy density improvements per year have been frustratingly small. Thats why your computer never has enough juice. Any comparison with the computer industry shows a complete lack of...

Considering the fact that Tesla lost 888 million last year producing luxury cars, I dont see how they will be wildly profitable with the Model 3.

I believe it will be very! difficult to make a GAAP profit with the Model 3. Last year they lost 800 million with the Model S. They will have to go from making massive losses with a high margin luxury car to making profits with a low margin mass market car. I believe Tesla will have to...

The problem with the front end in my opinion is not the lack of a grill but the fact that it is too short. It looks like (as some have said) a pig snout. Also the transition to the wind shield is quite steep and abrupt. It has some great elements but the snout is just laughable. This picture...

Long term the only viable option is to charge per charge.

Lets not beat around the bush here: The main advantages of ICE vehicles: 1) quick refueling times 2) Long range 3) Lower total cost of ownership The main advantages of Electric cars: 1) Better, smoother acceleration 2) quiet 3) No pollution of the city Neutral/debated aspects: Total Co2...

No, its not hard to dump a whole lot of battery in the car, to get a similar range like Tesla does. The problem is not that they cant compete with Tesla, the problem is that they dont know how to make an electric car that satisfies the transportation demands of the 21st century. Its a energy...

No range anxiety is not a product of uncertainty and it wont be solved by a slick navigation system. These statements are basically ignoring the elephant in the room: Range anxiety is a product of lack of range and slow recharging times. They are a product of knowing that a trip that takes...

I dont see whats so persuasive about that paragraph. Would you ask the same question, when somebody accuses the government of price fixing butter? Would you ask what is meant with when somebody then says: The price for butter is artificially low or high? Of course not. The same goes with...

I am not shorting any markets. Especially shorting the US market is dangerous, as a falling dollar will make stock prices rise nominally. Priced in gold however, the U.S market has been in a bear market since 2000. I expect this to continue. 1) I am bullish on gold/ silver stocks, even though...

No, but he seems to be a follower of Austrian economics as well. Regarding the Russian market: Anything that falls as much as the Russian market should be considered for investment. You get as much as 15% dividend yields, PEs that are below 5. I am not invested but would consider it I was...

You cant mistake central bank credit expansion with legitimate free market setting of interest rates. If you set interest rates via credit expansion, you are price fixing. Price fixing as you know does not work. Lowering interest rates artificially, sends the signal that the public has...

I think you misunderstood me. Building a recovery on artificially low interest rates is not possible. Thats why I put the term recovery in quotes. Its not a recovery but an unsustainable boom that must be followed by a correction or bust. The boom is caused by artificially lowering interest...