Easy: they are all Model 3s and she wants to use them via Tesla Network to run a taxi-business
-
Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
- Status
CALGARYARSENAL
Member
Ameliorate
Member
I think I have to leave the house for a bit... can't deal with this, don't even live in the US.
that includes me... as much money as i'd make if markets tank... i'd rather see trump crater.
The article quoted Musk as saying that gigafactory 2 will be in Europe, but Asia sure makes sense.
That's what I thought when I first heard it too. What a shot across the bow, or more like into the hull.
MartinAustin
Active Member
I think China makes the most sense of all, all things being equal. However, the Chinese government's protectionist policies and disrespect for intellectual property are probably keeping Elon from going there immediately. It's a sticky problem, because even if they set up shop in a nearby country e.g. India or Japan, with the intent of supplying the Chinese market from there... the Chinese will tax Tesla on the imported cars.
What works in Tesla's favour is that they're the best hope for volume production of quality, desirable cars that the Chinese will actually want to drive. As the air quality/climate problems worsen in China, the positional movements may come from the Chinese side.
Just to keep this focused on short term... Dow Jones futures currently show a drop of 460 points, pretty severe. I'm sure TSLA and SCTY will take it on the chin to some degree tomorrow, if Trump wins, even though the concrete reasons why would be fairly speculative.
Last edited:
We have to remember that china is betting big on EVs. Recall byd and others. Not sure they would care for an American company cutting into this future (except to garner tesla's battery tech).
Germany has been totally invested in gas and diesel, and I'm sure there's a component of gratitude from Elon to the Germans and Daimler for having faith in him. So to flip the world to EVs it does make sense for Elon to co-opt Europe/Germany rather than to fight them.
CALGARYARSENAL
Member
Election betting odds seem to provide best aggregated info on all the data coming in:
https://electionbettingodds.com/
Also S&P futures down more than 3% as of 10:01 PM NY Time
https://electionbettingodds.com/
Also S&P futures down more than 3% as of 10:01 PM NY Time
Yeah China does make the most sense in a way, but it's not the IP problems, their patents are open anyway. The real issue is that China expects all outside companies to partner with a Chinese company and give them at least 51% ownership. Musk avoids giving up control as much as possible so I think that has been holding back a China deal, and now they are talking about possibly removing the partnership stipulation as they sort of "grow up" economically, so I think Musk probably figured hey let's just start with Europe and maybe that will buy enough time to see if China will let them do their own thing. Of any US company I think Tesla probably has the most leverage over China since they make really high quality, high brand recognition stuff, and they have maybe the greatest need for emission-less cars and energy.
Projections have Ohio going for Trump, and Florida looks extremely unlikely to go to Clinton at this point too.
Stock futures are crashing accordingly.
I personally may look for an exit strategy between now and January if Trump is victorious. I'm mostly worried about SCTY being in tow in a highly charged anti-renewable environment, but this victory can very much empower the various anti-Tesla, anti-EV legislature floating about the US now. Not to mention the recession risk and global destabilization risk could be incredibly bad while Tesla is simultaneously ramping up Model 3 for insane volume by 2018 and expanding globally.
Stock futures are crashing accordingly.
I personally may look for an exit strategy between now and January if Trump is victorious. I'm mostly worried about SCTY being in tow in a highly charged anti-renewable environment, but this victory can very much empower the various anti-Tesla, anti-EV legislature floating about the US now. Not to mention the recession risk and global destabilization risk could be incredibly bad while Tesla is simultaneously ramping up Model 3 for insane volume by 2018 and expanding globally.
tinm
2020 Model S LR+ Owner
Thinking maybe it'll be prudent to sell off a lot of TSLA just in case things get really dicey (war, terror, raids on banks, stormtroopers). I'm not joking.
CALGARYARSENAL
Member
Liberals dumping their shares as they are never up for a good fight. Sad. Trump is great for overall markets. Remember Brexit folks!
JRP3
Hyperactive Member
DUDE... Brexit was something that was going to happen in 2 years... Trump is something that will happen in 2 months!... There is no way to wiggle out of this like Brexit... there's no way to "pad" it... it's just a freaking nutjob is about to take over the United States!
Ulmo
Active Member
If the ITC goes away, Solar City's existing leases' values go up, not down.
More cash for Tesla.
(Also, differentiated roof product helps.)
More cash for Tesla.
(Also, differentiated roof product helps.)
CALGARYARSENAL
Member
- Status
Similar threads
- Locked
