Seriously? You are a well-known permabear/short on Seeking Alpha, but the posts on TMC are clear enough. Anyone can hedge a short option position but that doesn't change the facts.
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Tesla just announced 9% staffing cuts.
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Seriously? You are a well-known permabear/short on Seeking Alpha, but the posts on TMC are clear enough. Anyone can hedge a short option position but that doesn't change the facts.
I was thrown by Elon's post on Sunday. FSD "features"? Either FSD works at Level 4 or 5 or it doesn't. People have prepaid for a working system. Not a few features. Features are something being added to EAP along the way. As the website says. You will not have FSD until Tesla has regulatory approval for the system. No way that is coming in two months.
If this is a way to prevent refunds as leases begin expiring and taking those funds into revenue in August, I think Tesla will get pushback from all sides. And at the shareholder meeting Musk cut the wait time for new orders for current configuration to 3-4 months. That created quite a stir on M3OC amongst those already in line who have been given longer time estimates. You can also imagine how well that went over with the SR first day line waiters.
FSD features, very obviously, would be things:
1) which would not require supervision (even if required by law)
2) especially those enabled by having the 8 cameras instead of 4, with the additional 4 cameras providing redundancy.
FSD _overall_ means Level 4 or 5 driving, but _features_ would imply introduction of Level 3.
Hey, thank you for making my point! Could not have done better myself.
FYI: At SA when you submit an article you must choose either short or long. If you read my notes it clearly states "short via put options". There is no way to select both long and short (calls and puts) So I go by largest volume held. Technically, being an options trader is neither "short" or "long" the stock. Options are merely a directional bet on the stock price for a given period of time. But SA's software will not allow the field to be left blank. If you know anything about investing you now there is a WORLD of difference between put options and shorting a stock. Risk being the biggest.
Seems you are the one bolding my text...
So since this was started as a cash infusion discussion, in your opinion would Level 3 features satisfy you if you had given Tesla $3,000 for FSD or if your lease was ending would you want a refund?
But if it is just about cash infusions, people are dying to throw Tesla $2,500 each to configure their Model 3's just with the current configuration not counting AWD and P buyers. But no new invites (as of yesterday) have been issued since 4/28. It just does not make sense to me to open the FSD can of worms this soon.
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Right now they are trying to limit inventory orders so they don't hit 200,000 US deliveries before July. I would think we'd start seeing inventory showing up online any day now.
This has been an issue for many months, not just as we approach 200K. Back last fall I was thinking of a new Model S75 before the D became the only choice. I knew what I wanted but it was not to be found on the website which gets pulled over to EV-CPO.com. The website's on-line helper suggested I call my local sales office. Sure enough, there were two exact cars I wanted in Maryland and one In New York. So why weren't they on the online inventory? No one would give me a straight answer. It was my belief that they did not want anyone to know just how many cars were in inventory. Kind of silly since they report production and deliveries each quarter. So it is simple to build a spreadsheet to track cars in inventory globally.
Last night the website showed 1 new Model S in inventory in the entire U.S... seriously? What happened to all the showroom cars and test drive units? As far as July 1, if I found a car to buy today it would probably take that long to get here to Florida anyway.
Everyone claims to hate the dealership experience and would prefer a completely online experience. Yet Tesla forces customers to contact a human salesperson and rely on them to do the search. This is only required to buy an existing car. Then you start to wonder are they telling you about all cars or the ones Tesla wants to push out first?
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suwaneedad
Member
Yeah, I've heard that from him. But I expect that he's just wordsmithing...lack of a 'need' doesn't mean he won't raise capital because he 'wants' to do so. It's never wise to wait to raise capital until it is needed. Each time I've watched Tesla do a secondary stock offering in the past few years, the stock goes up anyway (as bankruptcy risk perception abates). I hope that Tesla raises capital soon; bury the shorts once and for all.
jelloslug
Active Member
Super_Popular
Well-Known Member
So when they hit 200,000 and the tax credit goes away are they going to reduce the price of all models by $7500?
jelloslug
Active Member
Super_Popular
Well-Known Member
jelloslug
Active Member
Super_Popular
Well-Known Member
The tax credit reducing the price was a huge selling point, when you take that away some will walk. Only time will tell how it will affect sales.
jelloslug
Active Member
That's what people said when the tax credits went away for hybrids and it had almost no noticeable effect. The reality is that many of the people that are relying on a big tax credit to be able to afford a moderately priced Model 3 don't have a large enough tax liability to even qualify for the entire tax credit anyway.
Super_Popular
Well-Known Member
I was not even thinking of the Model 3, since I have no interested in an overpriced electric Civic.
My bet is that it will hurt Model S and X sales, but by how much, no one really knows.
Brando
Active Member
People seem to forget (or not understand)
sales NOT= inventory
production NOT= sales
production, inventory(demo cars and used cars), sales(paid for deliveries) are not the same.
$7,500 federal tax credit (200,000 cars) for US sales only.
sales NOT= inventory
production NOT= sales
production, inventory(demo cars and used cars), sales(paid for deliveries) are not the same.
$7,500 federal tax credit (200,000 cars) for US sales only.
Brovane
Member
Do you have any data to support your assertion that the Federal EV Tax Credit is a huge selling point for Tesla?
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