I noticed Elon’s comment on Twitter today about an update to the Superchargers, anyone know where the capital for this is going to come from? While we’re talking about updates to existing products, when does the battery swap get rolled out, or the solar shingles?
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Hi, I’m a short seller
- Thread starter ShortSeller
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The supercharger update capital will come from massive Model 3 sales, where did you think? Battery swap was rolled out years ago, didn't have much uptake, and was stopped again; that's a perfectly sound business decision. And there are solar tile roofs being installed as we type. In other words, your post is trolling, and full of misinformation. Mod: last warning. Misinformation will not be tolerated. --ggr.
Stick to facts and evidence and reason, including giving links or other citations for your statements, or your unsupported FUD will only constitute bull evidence wherein the bear is unable to find anything plausible or persuasive to say and so can only resort to unsupported or directly false claims.
I am scratching my head as to why you would even bring battery swap into this discussion?
M3 cars are made by hand; the more they sell the more they lose; Gigafactory is Potemkin village - these kind of cliched one liners might get brownie points in your short bear world. Over here you will get ridiculed or worse ignored.
Your question about where will Tesla get money for Superchargers is reasonable, although you already knew the answer.
My question though is, where will Tesla get money to build a factory for Y or Semi?
bambam4171
Member
Battery swap has officially been ended because not feasible as you would have to go back to pick your own battery. Solar shingles are being rolled out to Tesla and SpaceX employees first as is usual practice.
bambam4171
Member
Actually to non-employee early adopters. We'd have had ours by now, but the economics of replacing our existing solar didn't make sense.
A simple review of the financials doesn’t make this sound very far fetchedLets save him some time, shall we?
bambam4171
Member
Could you extend on that? What specifically do you think is supported by a review of TSLA financials?
Krugerrand
Meow
the entire short thesis
Tesla requires a capital infusion, if they totally stack the deck and sell every single one of their backlogged high margin 68k model 3's in Q3 2018, then MAYBE they can be cash flow positive for 1 quarter (paying zero suppliers that quarter obv).
But that isnt sustainable, i mean even your Lord Elon said the 35k car cant be made at a profit. Which is what bears said a long time ago and you guys fought it then. A company burning 2-3B a year and producing a product that both sucks and isnt profitable.
Quite the company the worship
bambam4171
Member
At low volume. If you are volume limited, it is financially sound to make a profit of 10k per car instead of 5k. If you double the build rate, then the 5k produces the same gross profit as the 10k did previously.
Think about this statement for a minute.
3-6 months in Elon world usually means never, but lets just pretend and say 6 months.
6 months at 5k per week = 130,000 cars
Have you done any research on how big the mid-size luxury car market is? I say mid size because thats what 50k+ gets you.
It seems like every bull case just assumes unlimited demand.
I may have confused you with my arbitrary numbers (and lack of $). My statement was $5k/ $10k per car, not 5k/10k cars per week.
The 35k version with EAP will have great GM, so I'm not seeing a problem...
Me neither. I was expecting it for Q1/Q2 2019, but it seems like Musk has moved up the timeline, so we might see it this year.
SW2Fiddler
We Are Cognitive Dissidents
I don't know where to find this info, I'm asking sincerely:
The Chevrolet Bolt is often brought up as a peer of the Tesla M3. Exactly how many base, un-optioned $37,500.00 Bolts have been made and/or sold?
Follow-up question: Has anyone ever asked GM this?
Follow-up follow-up: If #1 is low, OR #2 is No, why is Tesla being so scrutinized about the $35,000.00 trim M3 ...daily?
The Chevrolet Bolt is often brought up as a peer of the Tesla M3. Exactly how many base, un-optioned $37,500.00 Bolts have been made and/or sold?
Follow-up question: Has anyone ever asked GM this?
Follow-up follow-up: If #1 is low, OR #2 is No, why is Tesla being so scrutinized about the $35,000.00 trim M3 ...daily?
Good questions. First, GM reportedly loses money on each one, but that’s OK because they earn billions from the rest of the cars they sell. Tesla doesn’t have that luxury. I have not really dove into it since I have no position in GM. I will say that if you absolutely must have a BEV and $50K is out of your budget, you would probably be looking at the Bolt or the Leaf. On the 3rd point, Elon made a whole presentation on the M3 starting at $35K then accepted hundreds of millions in deposits. After the deposits rolled in, its suddenly not $35K anymore. GM didn’t do this.
anticitizen13.7
Not posting at TMC after 9/17/2018
M3 is a BMW trademark and should not be used to refer to the Tesla Model 3.
Model 3 competes against compact luxury cars, all of which start at around 35k and rise in price very quickly when optioned. Most people in the market for a car of this class know that the base price does not represent what most buyers will pay.
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