This has been discussed many, many times in the past. It will only become an issue when about 50% of cars (not 50% of cars sold) are electric because most charge at night when other usage is low.
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
Words of HABIT
Active Member
Double negative aside, I'm not following how derivatives on an ETF would matter. There are already derivatives on the underlying holdings. The ETF itself doesn't need to go to market to raise funds or float bonds, which seemed to be what the short's were trying to make difficult by pushing down the apparent credit worthiness with their FUD. Given ARK has no "product" to review negatively or file false claims against, and has no need to raise capitol by selling shares or borrowing, please explain what it is we (okay I) do not truly grasp.
Tesla Will Launch Chaperoned Robotaxi Fleet in 2021, says Loup Ventures
Doing something like that might be far more complicated but is surely a more conservative approach.
Side note. Are we supposed to go to the new thread?
Doing something like that might be far more complicated but is surely a more conservative approach.
Side note. Are we supposed to go to the new thread?
ByeByeJohnny
Active Member
As predicted the other thread got nuked and now they years are taken out of the name of this one. So we can use this one until the end of time.
It's a small margin but interestingly this thread had more posts in 2019 than in 2020. Proof that rich people are lazier.
It's a small margin but interestingly this thread had more posts in 2019 than in 2020. Proof that rich people are lazier.
StealthP3D
Well-Known Member
I don't recall that and this articles indicate deliveries in the Seattle area continued through the end of March:
Tesla’s lost end-of-quarter push does number on deliveries (detroitnews.com)
So what's the excitement about? This has been there since Battery Day I believe. Checked with the Wayback Machine and compared to a December 23 snapshot nothing has changed.
Yes, you know you want it.
But, it’s a lot of money.
0-60 in under 2 seconds and 520+ of range - oh yeah
But, if you invest the price of the car in TSLA you will be rich.
I already am rich.
But, you already have a Tesla.
So what? It’s freakin Plaid and I’m doing it! - NEED MORE TESLA!
I don't reveal what goes on behind NDAs; this is not one of them.
I have been frustratingly working with (sometimes, it seems, against) Tesla on-again-off-again for years on just such a project. Our grid is, however, so utterly minuscule - about ten customers - that I think we stand behind a few zillion Pacific and Caribbean islands in their priority ranking. It's not so gelid in any of those sites, as well.
StealthP3D
Well-Known Member
I trust Alex's intentions are to most accurately convey the facts to his readers so they can make informed opinions. Actual facts are an important part of smart decision making.
You can't solve a problem until you have gathered the facts. Yes, Alex used the words "lie" and cheat". That's because these words have specific meanings that are easily understood and they accurately represented the facts he was conveying. This is how one uses language to communicate and inform most effectively.
Instead of "lie" he could have substituted "used alternative facts that are contradicted by the totality of the evidence we have". But what would that have accomplished? It would actually be less accurate than the simple and straightforward word "lie" because everyone knows what that word means. Instead of "cheat" he could have said "craftily interpreted the rules in a manner that subverted the very purpose of the rules". However, I find the word "cheat" to be more easily understandable and a more accurate representation of what actually happened.
Empathy is generally a good thing to employ but not if it obscures important facts and leads to a fuzzier understanding of the very things you are reporting on.
Yeah I should have rephrased part of that post, but I don't really like going back and re-editing posts a lot
There were some deliveries happing the month of March, but it's very obvious, and backed up by what Tesla said themselves on the Q1 earnings call, that they were unable to do the usual mad dash of deliveries in the final 2-3 weeks of the quarter....which impact Q1 deliveries quite a bit.
But past all the technicalities, the point is when you combine that they couldn't deliver nearly as much volume in the most important weeks of the quarter combined with they weren't able to produce more cars in the final 3 weeks to deliver on the west coast, I very much believe that could have beaten Q4 2019 delivery numbers if Covid hadn't happened. I honestly think they have a fair chance of Q1 2021 being higher than Q4 2020 this time around. I just don't think seasonality will really exists for Tesla until they get to much higher production rates....and even then, considering their willingness to pass on cost savings, they may just lower the prices again and seasonality would continue to be a non-issue.
Mo City
Active Member
It's no sweat if you just finance as much as possible to preserve your TSLA shares.
Stretch2727
Engineer and Car Nut
I did a rough calculation one time and came up with 14% increase in electricity usage for all US vehicle transportation. The numbers are out there on total miles for each vehicle type and total electricity produced. It s pretty simple calculation. Considering most is at night I don't think this will be an issue.
Bloomberg numbers are less but this is probably at some % of electric vehicles.
BNEF EVO Report 2020 | BloombergNEF | Bloomberg Finance LP
From the article:
Electricity demand
All those EVs add electricity demand, but not as much as you might think. By 2040 passenger EVs consume 1,290TWh, commercial EVs consume 389TWh, e-buses consume 216TWh and electric two-wheelers consume 69TWh. Combined, these add just 5.2% to global electricity demand. In many advanced economies, EVs prevent overall electricity demand from falling.
StealthP3D
Well-Known Member
There is some truth to that, I think (people becoming lazier as their net worth increases) but I think a bigger contributor is probably the many people who have sold off some or all of their TSLA at prices much below $3500 (split adjusted). As I recall, in December 2019 some people thought $400+ was an incredible price and that it would not be maintained. That's when I posted this during a small price correction:
But some people didn't think Tesla was that special and they sold out right around New Years 2020 before it zoomed up to breath-taking new highs.
Then COVID happened. I had numerous posts imploring people to use their heads, that pandemic or not, people would still work, play, eat and have babies. A pandemic was not a reason to sell because the effect would be very temporary. But plenty did sell before it zoomed back, eventually reaching over $2000 before it split. And then more people sold.
Then S&P 500 inclusion happened taking it over $3000 (and eventually to it's current $3500+ split adjusted price). More people sold. I imagine even those who might have sold a large chunk, but not all of their position, at much lower prices might have a sickening feeling every time they think of TSLA and how much money they left on the table. And that's probably not conducive in terms of wanting to discuss TSLA day and night as the did previously when they still had their full TSLA position.
I think we have lost more participants due to early selling of positions (with the plan to buy in at lower prices) than we have gained with new members wanting to discuss the company. Many of the new TSLA shareholders are large funds who generally don't participate in forums such as this.
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I wish I could type more with my thumbs from a beach in Cozumel, bit I just want to say, "Don't sweat the small stuff and if you are on this thread, long TSLA and have a healthy respect for others, things are gonna be great"
This is the way and I have spoken
This is the way and I have spoken
ByeByeJohnny
Active Member
I hope you can figured out something that works for you guys, and for Tesla.
But I was thinking more like them buying a grid that serves a few million people or something. Fix it at every level so to speak. From producing the energy, to distributing it, to using it.
Todd Burch
14-Year Member
The reality though is that Tesla still has a ways to go. If you watch the beta tester Youtube videos you’ll see lots of simple scenarios that aren’t handled yet. Turns—left ones in particular—are still problematic.
So while I share the excitement, we need some humility for a bit. Most testers can’t drive from one side of their town to the other without intervening.
I suspect Mars either got lucky, or the fast playback masked some of the less-than-pleasant moments.
Here’s a really good TSLA chart I found on Twitter with notes highlighting the accumulation by large funds.
The real achievement here is that they could make this run when it was definitely not possible 2 months ago. Brandon notice a huge amount of improvements but I believe he is dealing with mismatch gps data. I would say over 50% of his intervention were due to gps errors.
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