TMC is an independent, primarily volunteer organization that relies on ad revenue to cover its operating costs. Please consider whitelisting TMC on your ad blocker or making a Paypal contribution here: paypal.me/SupportTMC

Tesla to make "exciting announcement on Thursday" (correction Tuesday)

Discussion in 'Tesla Motors' started by jvonbokel, Mar 25, 2013.

?

What will Elon's "exciting announcement" be?

Poll closed Apr 3, 2013.
  1. Tesla/Elon to repay DOE loan.

    16.7%
  2. Tesla stock buy-back/Elon to take TSLA private.

    4.3%
  3. Official announcement of Gen3/Bluestar.

    11.7%
  4. Tesla to set up additional production in Europe.

    4.3%
  5. Tesla/Elon to set up financing/leasing program.

    10.5%
  6. Google/Apple to work with Tesla.

    2.3%
  7. Completion of 10,000th Model S.

    1.9%
  8. Expansion of the Supercharger network.

    28.4%
  9. Elon to literally "eat" his fortune.

    4.7%
  10. Other.

    15.2%
  1. jvonbokel

    jvonbokel John VonBokel

    Joined:
    Nov 5, 2012
    Messages:
    853
    Location:
    Belleville (St Louis)
  2. Thread Summary

    Thread Summary Member Generated Post Wiki

    Joined:
    Aug 14, 2012
    Messages:
    38
    #2 Thread Summary, Mar 25, 2013
    Last edited by a moderator: Apr 1, 2013
    Per a follow up tweet. The announcement was pushed back:
    @elonmusk

    "Slight change of date to ensure no end of quarter distractions -- will be Tues next week."


    The announcement turns out to be a lease program:
    Tesla Unveils Revolutionary New Finance Product | Press Releases | Tesla Motors




    Summarize the best guesses for the announcement below:

    • Tesla reveals gen3 concept
    • Official announcement of gen3 (however no concept car yet)
    • More Superchargers to be installed.
    • Tesla buys Fisker.
    • Separate Model S production to be set up in Europe.
    • Tesla/Elon to set up financing for the Model S.
    • Free solar for all Model S owners and all future Tesla car customers
    • Tesla to use "Phinergy" 1,000 mile Aluminum-Air battery in 2017/Gen3
    • Tesla to issue stock buy-back program to enhance shareholder value/eventually take TSLA private
    • Elon planning to be the first CEO to circle Mars with upcoming 2017 launch window
    • Google and Tesla to work together on a self driving electric car
    • Apple and Tesla to work on or develop the "iCar" (or Apple to invest heavily/buy Tesla, solving Teslas cash flow issues)
    • New battery packs/ Model S variants
    • Elon to literally "eat" his fortune
    • Tesla and SolarCity merge. Elon buys huge stake in new company.
    • Announcement of the tech tweeted as "some really cool tech that we can't talk about yet".
    • Tesla Model S leasing program.
    • Completion of 10,000th Model S production vehicle and exercise of 6.7M shares of stock.
    • EM: "in the future, all modes of transport will be electric - with the ironic exception of rockets". Elon will provide funding for new Tesla daughter that heads into electric aircraft development.
    • Elon repaying the DOE loan from his pocket
    • Teslamotors building the trucks that will transport SpaceX rockets
    • Elon to purchase Uber and convert the entire fleet to Model S sedans
    • Elon to fund development of a Solar Powerplant backed up with Tesla batteries.
    • Tesla will buy a shuttered automobile assembly plant in Europe for future production of Gen3
    • Expansion of Supercharging network and licensing its usage to other EV companies
    • Elon starts a new company to finance Tesla automobiles
    • Tesla reveals Model S with 110+kWh battery pack option
     
  3. yobigd20

    yobigd20 Well-Known Member

    Joined:
    Oct 28, 2012
    Messages:
    5,793
    Location:
    Skaneateles, NY
  4. ADN_ModelS

    ADN_ModelS Member

    Joined:
    Jul 17, 2012
    Messages:
    124
    Location:
    Newton, MA
    TSLA going private? Leveraged Buyout financed by Elon...
     
  5. Stoneymonster

    Stoneymonster Active Member

    Joined:
    Jan 8, 2013
    Messages:
    1,554
    Location:
    Aptos, Ca
    Elon hints major announcement....

    From a tweet a few minutes ago:

    "Really exciting @TeslaMotors announcement coming on Thursday. Am going to put my money where my mouth is in v major way."

    Let the wild speculation begin! :)
     
  6. Mycroft

    Mycroft Life happens

    Joined:
    Jun 18, 2011
    Messages:
    1,592
    Location:
    Tacoma, WA
    He tweets that and the stock rockets up over 4%. Connected? Inquiring minds would like to know.
     
  7. ElSupreme

    ElSupreme Model S 03182

    Joined:
    Jan 13, 2012
    Messages:
    4,279
    Location:
    Atlanta, GA
    This would spark a short squeeze for sure.

    The 'my money where my mouth is' (emphasis mine) statement is quite intriguing.


    And what is with his new "Show me the monkey!" picture? I do have about 6 of those screaming monkeys though.
     
  8. dadaleus

    dadaleus 4GETOIL P85#S70,FdrX,S85D

    Joined:
    Aug 27, 2009
    Messages:
    884
    Location:
    Solana Beach, California, United States
    Interesting that he refers to his money, not the company's. Rather than a buyout, my best guess is he's investing a bunch more cash in the company to help fund its next efforts (superchargers, model X, whathaveyou). This is after the company paid back its loans early. If true, it means he'd rather own more equity than let the government fund the effort at an interest rate. Pretty savvy as long as his bet that Tesla succeeds wins (which like most on here, I strongly suspect he will win this bet).

    Other funny thing about the way he says this is that Elon has always put his money where his mouth is. He made huge personal investments in getting SpaceX going and keeping it and Tesla going along, to the point of running out of cash. (Which is way different than being broke BTW especially with all of his equity in these companies, but still pretty amazing.)
     
  9. ElSupreme

    ElSupreme Model S 03182

    Joined:
    Jan 13, 2012
    Messages:
    4,279
    Location:
    Atlanta, GA
    I often look at the insider trading of TSLA, and it always is people exercise and then sell it off right away. A few sales here and there. And then there is Elon, always seemingly buying more. And I would venture that he knows something that we don't.
     
  10. PopSmith

    PopSmith Saving for a Model 3

    Joined:
    Jan 22, 2010
    Messages:
    608
    Location:
    Utah
    Due to the "money where my mouth is" comment, I would also think TSLA could go private. If I remember right Elon mentioned that the company decided to go public because it was a more viable option at the time vs raising cash privately. (Someone please gently correct me if I'm off-base there!)

    Maybe Elon is going to pay off the government loan all by himself, although that seems very unlikely. :tongue:

    If it wasn't for Model X being delayed I'd say it's something to do with a sooner-than-anticipated BlueStar announcement (or possible reveal).

    Things I'm not expecting it to be:
    - A major expansion of stores or superchargers.
    - Another vehicle (i.e. a truck).
     
  11. vfx

    vfx Well-Known Member

    Joined:
    Aug 18, 2006
    Messages:
    14,792
    Location:
    CA CA
    Specs.

    He is going to buy 1000 Model S' for the US Government or charity.

    He is putting solar panels on the factory.

    Going to space? Hyerloop?
     
  12. AnOutsider

    AnOutsider S532 # XS27

    Joined:
    Apr 3, 2009
    Messages:
    11,923
    Going private might be a good idea... I'd imagine they could save a pretty penny not spending on all the regulatory overhead -- but if the cash was available for that, why the recent second round?
     
  13. dadaleus

    dadaleus 4GETOIL P85#S70,FdrX,S85D

    Joined:
    Aug 27, 2009
    Messages:
    884
    Location:
    Solana Beach, California, United States
    I wish! But he did say it's a @teslamotors announcement. I suppose hyperloop could be done as Tesla Motors, but that'd be rather weird.
     
  14. Citizen-T

    Citizen-T Active Member

    Joined:
    Aug 25, 2011
    Messages:
    2,442
    Location:
    Raleigh, NC
    No way TSLA is going private and he made this tweet today. He'd be in jail on Friday. Lol.
     
  15. mitch672

    mitch672 Active Member

    Joined:
    Jul 1, 2012
    Messages:
    1,868
    Location:
    Stoughton, MA
    #15 mitch672, Mar 25, 2013
    Last edited: Mar 25, 2013
    It could be something like a stock buy back program, if they find they have extra cash, this is sometimes done to enhance shareholder value. It would also make taking TSLA private easier down the road (fewer shares availble), I doubt they would take TSLA private right now, but I think the heavy manipulation of the stock does weigh on Elon, and I'm betting he'd like to put a stop to it or slow it down.

    Edit: BTW, just checked twitter, Elon is now using his own picture (used to be one of his kids), he's holding one of those "Woot Monkeys", the caption is "Show me the Monkey" :)
     
  16. ElSupreme

    ElSupreme Model S 03182

    Joined:
    Jan 13, 2012
    Messages:
    4,279
    Location:
    Atlanta, GA
    Funny thing. I was talking to a guy in traffic last Friday. He was all about a Tesla truck, he was driving a 6 year old Dodge Ram 1500. And driving to work this morning I was behind a caravan of about 8 Georgia Power pickups (GM/Chevy I think). I used to think an electric truck was a small market vehicle, and I still do for private sales.

    But I imagine that EVERY POWER COMPANY in the USA (and Probably Canada) would replace all their ICE pickups with an electric version if there was a viable option. Power companies should be 100% behind electric vehicles, the load leveling, and potential sales, ability of charging cars at night would be enormous boom for them.

    Not to mention about 100% of the electricians I work with thinking an Electric truck would be a sweet ride, just at the right price. But honestly a lot of them already have pretty expensive trucks, and the fuel that they consume sure is expensive.
     
  17. ADN_ModelS

    ADN_ModelS Member

    Joined:
    Jul 17, 2012
    Messages:
    124
    Location:
    Newton, MA
    Perhaps its simpler than all this... Perhaps they're just announcing that they're profitable?
     
  18. luvb2b

    luvb2b Member

    Joined:
    Mar 18, 2013
    Messages:
    305
    Location:
    thebeach
    a lot of twitter accounts have been hacked recently. has the company confirmed that it was him who tweeted?
     
  19. ElSupreme

    ElSupreme Model S 03182

    Joined:
    Jan 13, 2012
    Messages:
    4,279
    Location:
    Atlanta, GA
    I wouldn't imagine he would have use "my money where my mouth is" verbiage. And it would be a few days too early for a full Q1 result.
     
  20. ADN_ModelS

    ADN_ModelS Member

    Joined:
    Jul 17, 2012
    Messages:
    124
    Location:
    Newton, MA
    OK... what about a dividend!
     

Share This Page