Same here. Would've thought it would have been a great topic for Elon to post on the Tesla blog. Especially since prev topic was the recall (!). But instead we get a Hyperloop post.
-
Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
Short-Term TSLA Price Movements - 2013
- Thread starter Robert.Boston
- Start date
- Status
Same here. Would've thought it would have been a great topic for Elon to post on the Tesla blog. Especially since prev topic was the recall (!). But instead we get a Hyperloop post.
I actually thought that the supply bottleneck, taken in context of information that Tesla was in talks with Samsung about battery (cell) supply, and also on the call the plurality of the term "battery suppliers", was a kind of mixed punch in the gut. But then I found myself being impressed by the discipline that has been applied by Elon in particular in not over-stating 2013 production, and instead focusing on "testing the ceiling of demand" in 2014. This is actually much more exciting than "oops we can't make guidance", this is a company being managed properly.
Obviously it is really useful to do the ground work on Gross Margin optimization, process and supply-chain optimization, Supercharger roll-out, service center, store and gallery roll out, developing right hand drive for Japan, UK, Australia, South Africa, charging system for Japan, and prepping minor changes in the operation of lights and indicators (Sweden for example requires at least side lights to be illuminated at all times while driving even in bright sunshine). I absolutely loved Elon's "I would be honored if Japanese buy our cars". That is what one should say if you want Japanese to buy your cars.*
Getting all that done in 2013 before going nuclear in 2014 is a much better foundation for a $140+ stock price based upon the ultimate destination of this business as perhaps the worlds largest and most successful company, than would be the case if the thinking was short rush for extra unit production that lacked this kind of steady vision and discipline. Most likely Samsung will come on stream earlier than expected rather than later and that will make for a great announcement.
*A funny asside, Axion CEO on his Q2 call alluded to the idea the BMW and those of that ilk are time wasters. That is the opposite of what one says on an earnings call if you are looking to preserve any hope of securing a deal.
Citizen-T
Active Member
Grrr. No.
It is absolutely the greatest security that Tesla has that folk want the cars first and are delighted to save on fuel and be green second.
You really do not want your market to be controllable by your ultimate competitor.
Late '90s OPEC dumped the oil price to stifle innovation in alternatives, an event that contributed to the death of the EV1. Musk knows this and Tesla makes products that are invulnerable to another attack of that nature.
P.S. Why are GM so frikkin' stupid? All they have to do is tidy up the EV1 interior to modern standards and put a modern battery in it and they would have a 200 mile range cult classic on their hands instantaneously that is already designed and road ready.
CyberDutchie
Active Member
Also, who says electricity will remain cheap? Didn't Obama say that electricity rates will have to double if we're going to deal with the global warming crisis in a real way? (Can't find the exact quote.)
Norse
Active Member
Tesla Motors (TSLA) In China: Zhan Baosheng Takes Down Sites Depicting His Chinese
Hopefully good news to come!
Hopefully good news to come!
I know this article was posted yesterday, but once you posted it here we broke the 143 marker. A good omen?
Norse
Active Member
Jonathan Hewitt
Active Member
Congrats. I just sold 200 shares I bought on margin yesterday. Bought at $138.39, sold at $143.50. Profit is profit.
But doesn't the margin rate you get charged for borrowing on margin make that a much smaller profit?
deonb
Active Member
Over one day, no. The commission on the trade would be much more than the margin interest.
The typical Margin Interest Rate is at 8-9% Annually depending on the broker. So, say 8%, if you use margin for 1 day the interest rate is 1/365 * 8%, which should be very puny...
Anyone pls correct me if I give misleading info...
Norse
Active Member
Make you own electricity. With Solar electrictity will be cheap for the future. Oil can never be cheap, cause it cost so much to get it. And Peakoil has probably already been a while ago.
I dont think you pay interest if you daytrade with margin, I don't. If it's two days, then your Math sounds right
- Status
Similar threads
- Locked
- Poll
