Short-Term TSLA Price Movements - 2014

[arashlzy]

What ever the reason for today's choppy price action, I miss the days that TSLA defied the market. Hell, TSLA should be defying the market since Q4 ER but it obviously isn't.

Missing those days too, I think in the short term come TSLA will trade on news or just follow the market...everyone is holding out for earnings

Here is to a beat like most of the SP500 has done so far....

 

[hockeythug]

From the proxy filed today one of Musk's vesting milestones is listed as complete: "Completion of the first Model X Production Vehicle.".

What constitutes completion of the first production model?

 

[NigelM]

Mod Note: one post and those that quoted it went here - Politics-Quarantine-Thread

 

[Wenche]

From the proxy filed today one of Musk's vesting milestones is listed as complete: "Completion of the first Model X Production Vehicle.".

What constitutes completion of the first production model?

This one?

Tweets / All / No replies

• • 
    Steve Wozniak ‏@stevewoz 22h
    Our new Tesla! (@ Tesla Supercharger Station) http://4sq.com/1rmvIUR pic.twitter.com/8XRrpeMEQp
    from Hawthorne, CA
    
    
    
    
    
    
    
    
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    3:39 PM - 23 Apr 2014 · Details
    
    https://twitter.com/stevewoz/with_replies
    
    
    
    

 

[Zaxxon]

From the proxy filed today one of Musk's vesting milestones is listed as complete: "Completion of the first Model X Production Vehicle.".

What constitutes completion of the first production model?

Where do you see that? I am reading the filing, and it lists Model X alpha, beta, and production as 'probable', but not yet complete. (Page 39)

 

[hockeythug]

Where do you see that? I am reading the filing, and it lists Model X alpha, beta, and production as 'probable', but not yet complete. (Page 39)

You are right. Missed the key word "probable"

 

[Auzie]

This one?

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• • 
    Steve Wozniak‏@stevewoz 22h
    Our new Tesla! (@ Tesla Supercharger Station) http://4sq.com/1rmvIUR pic.twitter.com/8XRrpeMEQp
    from Hawthorne, CA
    
    
    
    • Retweets 293
    • Favorites 499
    • 
    
    3:39 PM - 23 Apr 2014 · Details
    
    https://twitter.com/stevewoz/with_replies
    
    
    
    

Looks great! I am glad that such deserving individual got the honors.:smile:

 

[gaswalla]

that's just the prototype Model X in Hawthorne (see the dashboard in the back)... it was just put back on display..

 

[Cankooo1]

link?

link?

It was initially reported here http://www.weibo.com/ijia360
there was a short articlewhich I am unable to find at the moment

 

[Curt Renz]

It was initially reported here http://www.weibo.com/ijia360
there was a short articlewhich I am unable to find at the moment

Thank you, CanCooo1. Here's how one of those posts appears in English through Google Translate:
___________________________

Latest news, Tesla Shanghai will be free on the card! Tesla Motors will enter Shanghai on new energy vehicles free license licensing policy. In 2014, Shanghai will set aside 3,000 free licenses to import pure electric car, which is the first time such policies on foreign imports of pure electric vehicles open, greatly promoted the development of the electric vehicle industry in the Chinese market, China is pushing to achieve an important step in the new energy vehicles.

 

[Cankooo1]

The translation if not perfect but you can connect the dots like that energy vehicle means EV. It's getting much more difficult when I am trying to understand more complex articles in Chinese.

 

[Auzie]

From the way I read it, it seems that the Chinese gov already made changes to their policy for car imports, to promote Tesla sales. This is significant milestone achievement. :biggrin:

 

[arashlzy]

It's a step in the right direction, but will really help TSLA is if they allow their subsidizes to go to imported EVs as well

 

[AlMc]

It's a step in the right direction, but will really help TSLA is if they allow their subsidizes to go to imported EVs as well

If that happens you would spend the same amount on a model S as a Toyota Camry in China?

 

[Cankooo1]

From the way I read it, it seems that the Chinese gov already made changes to their policy for car imports, to promote Tesla sales. This is significant milestone achievement. :biggrin:

In my understanding it is more like a welcome gift. According to the press release after the high level meetings of Elon Musk with the Minister of Industry and the Minister of Technology the central government is working on real preferences for Tesla.

By the way I have the feeling that the Chinese firewall is working both ways. Almost nothing which I was able to find in China for Tesla is not reported from the mass media.

 

[macman]

It was initially reported here http://www.weibo.com/ijia360
there was a short articlewhich I am unable to find at the moment

Here is the link from Sina news http://auto.sina.com.cn/news/2014-04-24/21201289668.shtml . Shanghai will provide 3000 free plate for imported EV. This is great news.

 

[maoing]

Shanghai sales will surge to use up those 3000 free plates quickly, which costs about $15K to $20k for gasoline car. If I remember correctly Hangzhou also consider preferential treatment to imported EV, some other cities with Tesla store might follow up.

Here is the link from Sina news http://auto.sina.com.cn/news/2014-04-24/21201289668.shtml . Shanghai will provide 3000 free plate for imported EV. This is great news.

 

[AlMc]

Maoing: Thank you for all your work on bringing not only the news from China but insight into culture there. So, if I understand correctly, the central government will be responsible for any
import tax breaks but all the local 'providences' are responsible for attaching 'plate' costs to registering the cars and/or making a certain number of 'free plates' available?

If many providences follow Shanghai, then the demand/reservations for the model S will surge.

We are impatient beings in the US. If reservations in China surge, will Chinese reservation holders be willing to wait a year for their cars?

 

[maoing]

AIMC: you are welcome.

With traffic jam and air pollution in most of major cities, more and more cities tighten the release of license plates to gasoline cars while it's free for domestic EV with certain quote. It's first time to see local government (Shanghai) to give such preferential treatmen to Tesla (Beijing declined earlier). Even other cities don't follow, 3000 plates in Shanghai in 2014 is already a big challenge for Tesla to fulfill the delivery. Another big potential news is lowering or waiving tariff for imported EV as reported from news when Musk met with senior Chinese ministers. Let's keep finger crossed.

Maoing: Thank you for all your work on bringing not only the news from China but insight into culture there. So, if I understand correctly, the central government will be responsible for any
import tax breaks but all the local 'providences' are responsible for attaching 'plate' costs to registering the cars and/or making a certain number of 'free plates' available?

If many providences follow Shanghai, then the demand/reservations for the model S will surge.

We are impatient beings in the US. If reservations in China surge, will Chinese reservation holders be willing to wait a year for their cars?

 

[Auzie]

Wait time might increase desirability factor of the car, as it implies scarcity.