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Why would you compare incremental Apple R&D spending to the whole Tesla R&D spending?
Did the i3 come with clown shoes and the nose, or just the motorcycle "extender" (apparently to match the motorcycle wheels)?
I simply don't understand how Apple can possibly blow Billions on Titan R&D?... Someone defend this R&D spend... I don't get it.
Yes, I already read it earlier... Blah blah blah
Here's a quiz for us Bulls...
Does raising $1.5B in cash increase or decrease risk? Mic drop...
Cadillac has ended production of its electric car after just 2 years
So much for the bear case that Tesla is a goner once other big auto companies start putting effort into EVs. Not as easy as you thought I guess.. wonder how many of these "Tesla killers" will be discontinued before making a significant impact.
If nothing else - watch it from the 20:00 mark where the interviewer asks Sterling directly whether the Model 3 will be the first commercially available autonomous vehicle.
The focus on capital is exceptionally misguided.
The accelerated plan for Model 3 is honestly scary. Things done in a hurry have a higher likelihood of mistakes. Mistakes at such a scale/pace can seriously cause the company to collapse on its own.
As investors it would be a fools errand to go into Model 3 launch with any kind of leverage. Hope everyone is investing only the amounts they can afford to lose and/or plan to trim well ahead of the launch.
Finally, a decent article on SA. I hope the bears here and on SA follow this example:
http://seekingalpha.com/article/3977783-look-teslas-model-3-product-program
I don't know how current is Funk with auto manufacturing processes. Any production/manufacturing engineering experts here?
Yes, and at about the 25 minute mark he explains why Tesla is not particularly well positioned relative to Google and similar to get to full autonomy first.
The focus on capital is exceptionally misguided.
This is what bears used to do and still do with arguments like - GM with its vast amount of capital will crush Tesla.
It's buzzare to see bulls talking about capital as if this is the first and last thing that dictates the product.
To put things in perspective, Model X didn't get delayed or have a terrible ramp or have all the QC issues because of lack of capital!
The accelerated plan for Model 3 is honestly scary. Things done in a hurry have a higher likelihood of mistakes. Mistakes at such a scale/pace can seriously cause the company to collapse on its own.
As investors it would be a fools errand to go into Model 3 launch with any kind of leverage. Hope everyone is investing only the amounts they can afford to lose and/or plan to trim well ahead of the launch.
The accelerated plan for Model 3 is honestly scary. Things done in a hurry have a higher likelihood of mistakes. Mistakes at such a scale/pace can seriously cause the company to collapse on its own.
As investors it would be a fools errand to go into Model 3 launch with any kind of leverage. Hope everyone is investing only the amounts they can afford to lose and/or plan to trim well ahead of the launch.
Finally, a decent article on SA. I hope the bears here and on SA follow this example:
http://seekingalpha.com/article/3977783-look-teslas-model-3-product-program
I don't know how current is Funk with auto manufacturing processes. Any production/manufacturing engineering experts here?
This belong in the Long term price movement, but as is tradition - I'll post it here.
Fred Lambert at Electrek did an (as always) excellent job of reporting the main data points from Sterling Andersons (Director of Autopilot Programs, Tesla) recent talk.
I recommend watching it though to get an idea of how Tesla is approaching building the technology for level 4 autonomous driving.
If nothing else - watch it from the 20:00 mark where the interviewer asks Sterling directly whether the Model 3 will be the first commercially available autonomous vehicle.
Based on Musk's long stated aspirations and from what we can glean about his personality, are you surprised by the accelerated plan?
As soon as the reservation numbers started piling up, it was obvious this was going to happen. He tweeted as much a day or so after the model 3 reveal.