I could maybe see Tesla doing it, because they actually care, but the rest won't do it unless forced to by legislation and paid by public money, they would never fund such a retrofit operation voluntarily.
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I could maybe see Tesla doing it, because they actually care, but the rest won't do it unless forced to by legislation and paid by public money, they would never fund such a retrofit operation voluntarily.
This guy put up a chart of car model by revenue for q3. Model 3 was #1 car by revenue beating 2nd place by more than $1.2B.
James Stephenson on Twitter
James Stephenson on Twitter
RobStark
Well-Known Member
bhtooefr
Active Member
Idea: when after-hours trading is closed on all markets that TSLA is traded on, there is no market action to discuss. Could the Market Action thread be automatically locked when there's no market action? There's always this thread for general discussion.
Unless news comes out that will impact the market when it does open.
I do agree that Market Action has turned into the general discussion among investors thread. Or, the market inaction thread...
That's what pre-market hours are for, aren't they?
bhtooefr
Active Member
Yeah, that's why I'm thinking, unlock the thread automatically at 8 AM Central European Time, lock it at 8 PM US Eastern Time.
Outside of that, there is no market action - there are things to discuss that may become material to the market, but the market isn't acting - so it goes here, no?
Outside of that, there is no market action - there are things to discuss that may become material to the market, but the market isn't acting - so it goes here, no?
Yuri_G
Member
Bloomberg - Are you a robot?
How are these fools allowed to analyze this company without using the product? Truly mindbending.
How are these fools allowed to analyze this company without using the product? Truly mindbending.
Same way the shorts in NYC are. Based on their extensive knowledge of seeing cars in Manhattan and maybe even driving one on the weekend.
MitchJi
Trying to learn kindness, patience & forgiveness
If you agree with this petition I'd appreciate any advice or help obtaining more signatures?
Sign Petition: SEC and Judge Alison Nathan Please Treat Elon Musk fairly!
Also advice on when and how to deliver it?
Sign Petition: SEC and Judge Alison Nathan Please Treat Elon Musk fairly!
Also advice on when and how to deliver it?
I agree with the sentiment, but the justification seems a little tangential and brief. Maybe something along the lines of, "although we would've preferred that the lawsuit was thrown out entirely, or that no additional independent board members be required in the settlement, a quick resolution of the SEC lawsuit is ultimately better than a distracting drawn-out court battle."
The Germans that tore down the model 3 claimed 10k$ in labor costs to build the model 3 but if you assign a 75k$ all-in average compensation for all 45,000 employees you get less than 10k$ per vehicle, and quite a large chunk (maybe half) of employees are already accounted for in Op.Ex soooooooooo.... I'm still puzzled about COGS.
MartinAustin
Active Member
The Model 3 is the #13 vehicle in the United States.
=> a mockery is being made of those states' laws that create & protect dealership monopolies.
I don't think there is a big need to change the law. Lawmakers will change the law when they realise how much employment tax revenue they are losing.
NOTE - no sales tax revenue is lost... you still have to pay sales tax when you register a new car.
it's the bay area, compensation needs to be higher. also, i think there's a misplaced time factor somewhere.
how about calculate in the reverse? assuming $10k labor costs per model3, of which there were 53k last quarter, that's a culmulative labor cost of $530million in q3; divide by 27k employees (because the others were building model S & X, and to make math easier) and you get $20k salary per employee for the quarter - annualized to $80k per employee ... that's kind of low for the bay area actually.
RobStark
Well-Known Member
As of 3 years ago the average blue collar salary at Fremont Tesla was $71k plus TSLA options. A lot of the first generation workers have been able to sell their TSLA and buy houses with the proceeds.
As of this year unskilled labor starting salary was $17/hr at Fremont Tesla.
thereAre4Cars cited all-in compensation (aka +benefits). your finding of a $71k salary supports my case. that's a labor cost of over $100k (benefits + employer taxes).
edit: yes, it's expensive to run a business in california. which makes Tesla's accomplishments even more impressive. just shows that Ford and GM are just lazy!
RobStark
Well-Known Member
Including benefits ( and profit share) the average UAW member at the Detroit 3 makes $70/hr or $145k per year. But no options.
" Temps" hired after the bailout in 2008 top out at $19/hr. There have been "temps" at GM/Ford, and FCA for 10 years now.
RobStark
Well-Known Member
ValueAnalyst
Closed
ValueAnalyst on Twitter
Saudi Arabia is preparing to push oil prices up to $400 per barrel, and make no mistake: they can.
$400 oil = $10 gas = Greater Recession
Don't wait until then:
Used Leaf's in low $10,000's: It's a Great Time to Buy a Used Electric Vehicle
Used Tesla's in low $30,000's: EV-CPO.com - Tesla New, Used, and CPO Inventory Listings
Please share these links with your friends, family, and network. This is urgent.
Saudi Arabia is preparing to push oil prices up to $400 per barrel, and make no mistake: they can.
$400 oil = $10 gas = Greater Recession
Don't wait until then:
- Carpool with an EV owner
- Buy a new or used EV
Used Leaf's in low $10,000's: It's a Great Time to Buy a Used Electric Vehicle
Used Tesla's in low $30,000's: EV-CPO.com - Tesla New, Used, and CPO Inventory Listings
Please share these links with your friends, family, and network. This is urgent.
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Zoinks! Even with my tank a month commute, that would be $3k yearly in fuel....
They definitely have some leverage...
In January, US was #3 in global oil production with 10 million barrels a day, Saudi Arabia had 10.6, and Russia 11. We consumed ~19.9 million barrels a day in 2017.
So Saudi Arabia could unilaterally impose a carbon tax and electrify using the profits from oil consuming countries. Given their climate, that may be in their best interests in an even shorter time scale than the Earth in general.
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