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Short-Term TSLA Price Movements - 2014

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One way to pivot from this story is to point out that this was the result of a high speed police chase. It is very questionable for the police to engage in a high speed pursuit in the simple case of a stolen vehicle. This sort of poor judgment puts the public at unnecessary risk as we see in this case resulting in multiple vehicle crashes. This is not a story about Tesla. This is a story about poor police judgment pursuing a stolen vehicle.

That certainly is one way of looking at it..but....the police stopped chasing the vehicle after a police crash. The car sped on for another 7 miles before crashing. Initially, the police chase may have caused some of the problem but the thief had no 'police escort' for several miles so his excessive speed/reckless driving at the time of the crash was not from seeing the police in his rear view mirror.
 
That certainly is one way of looking at it..but....the police stopped chasing the vehicle after a police crash. The car sped on for another 7 miles before crashing. Initially, the police chase may have caused some of the problem but the thief had no 'police escort' for several miles so his excessive speed/reckless driving at the time of the crash was not from seeing the police in his rear view mirror.

It is quite a distance from the "Service Center" at Centinela to the crash site. This guy must have passed hundreds of security VideoCams.
 
Mod Note: discussion on crash was moved over here - Stolen Model S crashes after police pursuit-7-4-2014

Obviously market impact, if any, may continue in this thread.

Reminder: this thread is for discussing TSLA movements and the potential impact of events. Please keep discussion about the theft/crash to the main thread (see link in my quote above) or I'm gonna have to start moving stuff over there.
 
Reminder: this thread is for discussing TSLA movements and the potential impact of events. Please keep discussion about the theft/crash to the main thread (see link in my quote above) or I'm gonna have to start moving stuff over there.

Nigel, I would just move them. :wink: That includes some of mine that are off topic.
 
Reminder: this thread is for discussing TSLA movements and the potential impact of events. Please keep discussion about the theft/crash to the main thread (see link in my quote above) or I'm gonna have to start moving stuff over there.

TMC cats need to stray a little, we are a wild bunch
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But we always come back
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Our thread boss got the coolest avatar:cool:
 
So, with regards to the events over the weekend and the impact on TSLA come Monday, I am cautiously optimistic.

I think part of the reason why last November we took that big hit was the media hysteria and all the FUD about lithium batteries being bombs on 4 wheels. I am actually surprised how balanced reporting on the 2 crashes is - well, if you discount recanting the fire stories of last year and loosely building the Tesla = fire equation once again. But overall the reporting and the comments below those articles is fair and rational.

On the high-speed chase accident, both the news stories and the comments point out any car would break up at a 100mph crash and that a gasoline car would have caught fire as well with all that fuel inside. In fact people are amazed the driver did not die - though I think that has more to do with luck. If someone was sitting in those rear seats which became one with the wall... but again, this has nothing to do with the brand of the car.

On the Toyota incident, the headlines are a bit click-bait, sometimes calling it a Tesla fire, but people are only blaming the driver, who, BTW walked away, and as tragic as that accident is, it just confirms gasoline cars catch fire too, as this time around it was the Toyota that burned out.

And on a side note: i don't even want to think about a FCV being cut in half and a full tank of pressurized hydrogen exploding... will happen sooner or later and it won't be pretty...
 
So, with regards to the events over the weekend and the impact on TSLA come Monday, I am cautiously optimistic.

I think part of the reason why last November we took that big hit was the media hysteria and all the FUD about lithium batteries being bombs on 4 wheels. I am actually surprised how balanced reporting on the 2 crashes is - well, if you discount recanting the fire stories of last year and loosely building the Tesla = fire equation once again. But overall the reporting and the comments below those articles is fair and rational.

On the high-speed chase accident, both the news stories and the comments point out any car would break up at a 100mph crash and that a gasoline car would have caught fire as well with all that fuel inside. In fact people are amazed the driver did not die - though I think that has more to do with luck. If someone was sitting in those rear seats which became one with the wall... but again, this has nothing to do with the brand of the car.

On the Toyota incident, the headlines are a bit click-bait, sometimes calling it a Tesla fire, but people are only blaming the driver, who, BTW walked away, and as tragic as that accident is, it just confirms gasoline cars catch fire too, as this time around it was the Toyota that burned out.

And on a side note: i don't even want to think about a FCV being cut in half and a full tank of pressurized hydrogen exploding... will happen sooner or later and it won't be pretty...

While these are both very incendiary news reports, they both prove out the safety features of the Tesla Model S. Once digested, I expect they will have a positive impact on tsla price action.
 
While these are both very incendiary news reports, they both prove out the safety features of the Tesla Model S. Once digested, I expect they will have a positive impact on tsla price action.

One must ponder on the possibility of a future where the Model S becomes the getaway car of drug lords and bank robbers due to its safety in Grand Theft Auto situations.
 
Well now that the news is hitting the main stream, I'm seriously hoping logical heads will prevail on this on Monday when the US market opens. I do think it's ridiculous that the amount of extra scrutiny Tesla is receiving is nuts. I thought we were over this phase after the fires last year. Many are now emphasizing the split and the ignition. It's pretty clear to me that it's just the physics of it all that was the driver of this horrific accident.

With a car that heavy going airborne and hitting a pole... yes I buy that it would get sheared in half.
 
I think the two accidents this week will serve to help the market moderate on such news. When you invest in an automaker, auto accidents happen as a matter of course, and nobody freaks out over it. The same should become true with Tesla investors. It's a matter of gaining perspective over time. The Model S is well built, and Tesla knows how to learn from events like this to build an even safer car and reassure the public. All this is as it should be. So the seasoned Tesla investor takes this all in stride. We grieve for the human loss in these tragedies and invest in a company that is making cars smarter and safer. If the price should tumble next week, we've got the confidence and heart to stay invested in a company which is doing truly great things.
 
So, with regards to the events over the weekend and the impact on TSLA come Monday, I am cautiously optimistic.

I think part of the reason why last November we took that big hit was the media hysteria and all the FUD about lithium batteries being bombs on 4 wheels. I am actually surprised how balanced reporting on the 2 crashes is - well, if you discount recanting the fire stories of last year and loosely building the Tesla = fire equation once again. But overall the reporting and the comments below those articles is fair and rational.

On the high-speed chase accident, both the news stories and the comments point out any car would break up at a 100mph crash and that a gasoline car would have caught fire as well with all that fuel inside. In fact people are amazed the driver did not die - though I think that has more to do with luck. If someone was sitting in those rear seats which became one with the wall... but again, this has nothing to do with the brand of the car.

On the Toyota incident, the headlines are a bit click-bait, sometimes calling it a Tesla fire, but people are only blaming the driver, who, BTW walked away, and as tragic as that accident is, it just confirms gasoline cars catch fire too, as this time around it was the Toyota that burned out.

And on a side note: i don't even want to think about a FCV being cut in half and a full tank of pressurized hydrogen exploding... will happen sooner or later and it won't be pretty...

compressed hydrogen is safer than CNG. You will find various CNG bus and car fire videos on Youtube. When H2 is vented from a tank, it dissipates into the atmosphere quickly. It is always compared to the Hindenburg, but the fire on the airship was caused primarily by the blimp's materials and not the H2. Once on fire, the canopies and other components burned readily. It is detailed in some writings on the incident.

i still prefer EVs. Fuel cells belong in areas such as fork lifts and utility company trucks which have a small radius of activity. EVs are just fine for us common folks.
 
compressed hydrogen is safer than CNG. You will find various CNG bus and car fire videos on Youtube. When H2 is vented from a tank, it dissipates into the atmosphere quickly. It is always compared to the Hindenburg, but the fire on the airship was caused primarily by the blimp's materials and not the H2. Once on fire, the canopies and other components burned readily. It is detailed in some writings on the incident.

i still prefer EVs. Fuel cells belong in areas such as fork lifts and utility company trucks which have a small radius of activity. EVs are just fine for us common folks.

CNG tanks are under less pressure than the planned H2 tanks. Such a tank under 700 bar / 10.000 PSI pressure involved in an accident like this, can probably get very, very bad very easily, even when there is no ignition of the H2. On the other hand, CNG in an 3.000 PSI tank is maybe safer, but I would not like to call that "safe" either.

Next to the potential human drama, that I hardly dare to imagine, it will not be fun to hold any autotive fuel cell related shares when that happens.
 
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Hmm, I do not agree. A tank under 700 bar / 10.000 PSI pressure involved in an accident like this, can probably get very, very bad very easily, even when there is no ignition of the H2.

Next to the potential human drama, that I hardly dare to imagine, it will not be fun to hold any autotive fuel cell related shares when that happens.

Have to agree with Gerardf here. Recently saw some dashcam footage of an incident where a truck carrying several gas cylinders crashed on a hiway, setting off all kinds of celebratory rocketry and fireworks for a long while. (Probably in Russia.) Google-fu insufficient to resurrect link. :crying:

Some 30 years ago I was at a conference where a medical doctor warned about the totally unregulated traffic in noxious substances in the then fledgling micro-electronics business in Silicon Valley, and how trucks loaded with pressurized gas bombs filled with stuff like arsene (?) which I understood to be a gaseous compound of hydrogen and arsenic, along with a mix of diverse explosive/corrosive/oxidants in neighboring tanks - right through downtown San Jose which is one of the most populous cities in the USA! Imagine the horrible carnage if such a truck was T-boned. Or rather, perhaps try not to. :scared:

It seems to me that it would take very little to ignite pressurized H2 once it got released, especially by mishap in a heavy crash. Just look at the tragic results of the rear-ending a gasoline car the other day. Or the day before, or maybe even today, and tomorrow? Combustible stuff burns. Once a room is superheated, even the paint on the walls will burst into flame.

And those are not the only reasons I am opposed to hydrogen fuel cells.

Energy released in an uncontrolled manner will always cause destruction, be it chemical or kinetic.

Remember: Be VERY careful out there! :wink:
 
Yeah, they would have to put some serious safety things in place to prevent a catastrophic event on those tanks. It is harder to control than CNG. The thing with hydrogen is it will expand VERY rapidly completely replacing most if not all the air in the vicinity and then catch fire literally catching the air on fire. Not expected to be a pretty sight...
 
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