Krugerrand
Meow
Umm, no. How many times must he say that demand is not a problem, before people can comprehend that demand is not a problem?
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Social Chat - Short Term TSLA Movements
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Umm, no. How many times must he say that demand is not a problem, before people can comprehend that demand is not a problem?
I was a bit concerned by that, but I interpreted is as meaning 'not generally as strong' as in the US and China, rather than not strong in absolute terms. After all, the shareholder letter mentioned rapidly increasing demand in Europe.
She was actually the first person to ask a question. Usually they only let one question per person, so that is probably why she wasn't there.
sundaymorning
Active Member
I don't think we realize how lucky we are to have Elon and JB as our CEO and CTO. These guys are true businessmen and innovators. Not only are they able to have mindfully created an almost perfect business plan for an auto startup company, but they are also capable of taking on any mathematical question dealing with physics and chemistry of Tesla's entire operation. There isn't a single question that Elon can't tackle, this is why he's always ten steps before anyone else. CEOs of other companies are good at answering day to day operations, performance, outlook and guidance, but ask them about physics or chemistry and you'll get an answer from a representative in that field. Hence, the answers are never genuine and oftentimes, misguided. But with Elon, you get authentic sources and he gives you confidence because the authority in his answer exerts nothing less than confidence. Then to have another genius (JB) back him up regarding the hydrogen vs electric paradigm (as one such example), gave me goosebumps.
The 100,000 number Elon derived wasn't taken out of thin air or a gut feeling, he derived that number from calculating real demand vs. production and expansion capabilities. 2015-2016, watch out! We are talking about 300% growth!! I am excited to see what else this company has up their sleeves, I don't see them dropping the ball on battery or chemistry innovation, they will only get better as long as Elon and JB are captain and co-captain.
Krugerrand
Meow
You asked if anyone was concerned. Why would anyone be concerned about demand in any single market, when Tesla has been saying forever that demand is not a problem? It seems it would be looking for trouble where none has ever existed.
Great conference call, except that I now feel like my Model S is fat and overweight. If not for the sour market, I think we would have seen a nice bump, but it was interesting to watch that after hours see-saw - definitely better than what happened 3 months ago. I am expecting some bullish research notes next week and hopefully the market sentiment reverses quickly. I'm as confident in TSLA as ever after hearing that call.
anticitizen13.7
Not posting at TMC after 9/17/2018
Did Elon say exactly how much weight Tesla managed to trim from the Model S? From what components did the weight reduction come from?
He said around 2% with small amounts from a significant number of components rather than most from just a few components.
This afternoon I asked Andrea James what her question was going to be and she said 1) ZEV credits and 2) customer deposits on balance sheet. She says she had another call come in from the CFO of another company so that's why she couldn't take the question (she also didn't think the Tesla call was gonna run as long as it did).
anticitizen13.7
Not posting at TMC after 9/17/2018
Cool, thanks! 4,647 lbs. has been the listed weight on the Model S specifications page, so 2% is around 93 lbs. My guess was that it was optimization of many components, because doing something dramatic like altering the structure of the car would have had consequences for safety testing and ratings (having to re-test and re-qualify).
chickensevil
Active Member
He said a few hundred pounds... So way more than 93. I would say it is safe to say more than 200 and less than 400.
Remember that cars that don't order the rear kid seats do not have as reinforced rear structures as the cars that do, so perhaps that may be part of the weight savings. Also the rear kid seats have been redesigned and maybe those seats are also lighter than the ones in the earlier cars.
Since this thread was created for cheer leading. GO TESLA GO! I can not believe how strong this way. I am now hoping that Tesla falls to the 200 day tomorrow 
At that point I will seriously consider selling all my stock and buying some leaps. I had some doubt on all of the drive train replacements and other quality issues and among other things the fact that they are getting to a 0 maintenance car pretty quick is crazy.
I had to work very late and just finished the conference call but wowzers. I did not think I would hear another call I liked as much as when Elon said they would be profitable and the market did not believe him.
Sorry for anyone holding lottery tickets but FALL TSLA !!! ... or soar through the moon would also work. If you are short ... Exit now ... your time is running out
At that point I will seriously consider selling all my stock and buying some leaps. I had some doubt on all of the drive train replacements and other quality issues and among other things the fact that they are getting to a 0 maintenance car pretty quick is crazy. I had to work very late and just finished the conference call but wowzers. I did not think I would hear another call I liked as much as when Elon said they would be profitable and the market did not believe him.
Sorry for anyone holding lottery tickets but FALL TSLA !!! ... or soar through the moon would also work. If you are short ... Exit now ... your time is running out
Elon’s best lines from last night’s conference call:
“Yeah. In the past [indiscernible] we've shown all of our cards, so people have kind of gotten used to us showing all of our cards. We're not currently showing all our cards.”
“Yeah. I mean another thing, our CapEx and R&D numbers are better than they appear because there are things you don't know about.”
“We can drive demand up at will. But if drive it up too much, then people would get upset with us because they waited too long for their car. And the only guy in China gets upset that when he got his car, he bashed it, which seems [indiscernible] but he said the reason for bashing the car was that we took too long to deliver to him. I'm like, okay. But -- and when I was visiting in China, the only unhappiness I saw was that, because customers were upset about waiting too long for their car. So it's like, boy, we better not stoke demand in that situation.”
“Yeah. In the past [indiscernible] we've shown all of our cards, so people have kind of gotten used to us showing all of our cards. We're not currently showing all our cards.”
“Yeah. I mean another thing, our CapEx and R&D numbers are better than they appear because there are things you don't know about.”
“We can drive demand up at will. But if drive it up too much, then people would get upset with us because they waited too long for their car. And the only guy in China gets upset that when he got his car, he bashed it, which seems [indiscernible] but he said the reason for bashing the car was that we took too long to deliver to him. I'm like, okay. But -- and when I was visiting in China, the only unhappiness I saw was that, because customers were upset about waiting too long for their car. So it's like, boy, we better not stoke demand in that situation.”
The Blue Owl
Endangerous Herbivore
The amount of raw, aggressive, willful stupidity on display on Bloomberg TV in their Tesla coverage is spectacular. These "analysts" are the unchallenged masters of the art of being supremely confident, snarky, and wrong.
Did Earnings Report Show Tesla Is on Track?
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I am in awe.
Did Earnings Report Show Tesla Is on Track?
Can Tesla Hit Its Magic Delivery Number?
Is Reno the Location of Tesla's $5B Gigafactory?
I am in awe.
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