Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable

[Remster32]

Oppenheimer raised their price target by largely increasing their multiple but wrote about FSD to justify it. Nothing concrete in their model yet with autonomy but something to look for in the mid term.

Deutsche Bank also raised their price target on higher multiples in their Q4 Autos preview note. 2021 deliveries go to 825k from 800k.

 

[Duffer]

I am convinced the legacy auto makers are hyping their planned EV launches far enough in the future to raise their current market cap without having to actually deliver on their promises.

While still being able to receive, at least, one government bailout.

Yes, I'm jaded.

 

[ice]

Long time lurker, first time poster. Might be double post.

Non paywalled link to the WSJ VW article yesterday, if you don't have a WSJ subscription.

How Volkswagen's $50 Billion Plan to Beat Tesla Short-Circuited | MarketScreener

 

[StealthP3D]

Pull up the 1 month chart for apple, amazon, and microsoft. Pretty much flat while Tesla rised 26%.

Well, your point is valid but I love it when "pretty much flat" refers to stocks that appreciated 1.4%, 2.9% and 4.4% over the last month! It's only valid because Tesla rose 21.8% over the same period!

Looking at this on longer timescales, I'm wondering if my charts might be broken. Because, no matter whether I pull up 1 month, 3 month, 6 month, 9 month, 12 month or 24 month charts, AAPL, AMZN and MSFT all look dead flat compared to TSLA.

 

[Discoducky]

Well, my question is why haven’t they already given up? When everyone laughed at Tesla and passed on partnering/continuing to partner (looking at you Toy and Daim) they’d already lost the race. There is no catching up if and until Tesla drops the ball and stops innovating. The odds of that are currently zero. So, yeah. Just die already. The dramatic Carmen scene is unnecessary.

Of all the engineers I hired from legacy auto, there's one thing that was constantly similar in their opinions is that legacy auto doesn't see themselves as legacy auto. They see themselves as auto and as leaders.

Folks on this forum no better, but just like this can turn into an echo chamber, legacy auto still has no idea what's coming. And that future is now impossible to overcome.

 

[JRP3]

Dumb article comparing StoreDot prototype battery charging speeds to Tesla's home charging speeds and claiming that "Elon Musk has long been calling for faster charging speeds for electric cars", using a tweet of his calling for faster battery production as evidence
An electric-car battery that can be charged as fast as filling up your gas tank was just shown off by a startup

 

[LN1_Casey]

https://twitter.com/ArmandVervaeck/status/1351682067118120960

Boring cars are running through the tunnels.

 

[Singuy]

I am convinced the legacy auto makers are hyping their planned EV launches far enough in the future to raise their current market cap without having to actually deliver on their promises.

Surely there are about zero examples of this happening right?

Nikola enters the chat.

 

[StealthP3D]

I so love how Sandy is just doesn't mince words. "That's Bull$%!^".

What's funny about this is a simple adjustment would fix it. Either the rubber hood standoffs need to be spun clockwise to reduce the standoff height or the latch needs to be adjusted a couple of mm's higher. If it's the rubber standoff bumpers, chances are one of Sandy's employees probably spun one of them absentmindedly while standing around inspecting the car. I've seen car guys do this to my Model 3 without even knowing they were adjusting the hood standoff height. Most modern cars use the same system.

What I'm saying here is the car might not even have been delivered from the factory in this condition.

Also, it's apparent to me that Sandy is unconsciously judging the car more negatively since he sold all his Tesla shares and proceeded to watch the share price climb much higher. That hurts and it's a natural and unconscious human reaction. People have become bitter over much less.

 

[Jackl1956]

MODERATOR NOTE: This is, as those of you who are long-timers here have known, exactly how and where I have been living for the past quarter-century (that is: WITHOUT those roads, water, stores or anything else. Nearest minuscule villages are 80 miles away). I've done all right and then some, by most standards.

Where you live is not a binary choice.

 

[Drumheller]

What's funny about this is a simple adjustment would fix it. Either the rubber hood standoffs need to be spun clockwise to reduce the standoff height or the latch needs to be adjusted a couple of mm's higher. If it's the rubber standoff bumpers, chances are one of Sandy's employees probably spun one of them absentmindedly while standing around inspecting the car. I've seen car guys do this to my Model 3 without even knowing they were adjusting the hood standoff height. Most modern cars use the same system.

What I'm saying here is the car might not even have been delivered from the factory in this condition.

Also, it's apparent to me that Sandy is unconsciously judging the car more negatively since he sold all his Tesla shares and proceeded to watch the share price climb much higher. That hurts and it's a natural and unconscious human reaction. People have become bitter over much less.

Please stop and consider what you are doing here. You are inventing a narrative, with no evidence, to justify your desire to believe Tesla doesn't have a quality problem regarding fit. The observable evidence does not support your view, and attempting to malign Sandy Munro is not a good look. Posts like this bring into question your ability to present an unbiased analysis.

 

[ByeByeJohnny]

What's funny about this is a simple adjustment would fix it. Either the rubber hood standoffs need to be spun clockwise to reduce the standoff height or the latch needs to be adjusted a couple of mm's higher. If it's the rubber standoff bumpers, chances are one of Sandy's employees probably spun one of them absentmindedly while standing around inspecting the car. I've seen car guys do this to my Model 3 without even knowing they were adjusting the hood standoff height. Most modern cars use the same system.

What I'm saying here is the car might not even have been delivered from the factory in this condition.

Also, it's apparent to me that Sandy is unconsciously judging the car more negatively since he sold all his Tesla shares and proceeded to watch the share price climb much higher. That hurts and it's a natural and unconscious human reaction. People have become bitter over much less.

I've seen plenty of comments from new owners about not being able to close the frunk until somebody showed/explained it to them. I assume it's in the manual but you shouldn't really have to read it for something like this.

If how this functions is on purpose by Tesla there really should be an explanation popping up on the screen the first time it's tried.

 

[Lycanthrope]

Today, price drop on Belgium for M3 SR+ with slightly more range

View attachment 629090

Any idea why DE is €10k less than BE? Do they apply more taxes later in the process? It's a big disparity

 

[2daMoon]

https://twitter.com/ArmandVervaeck/status/1351682067118120960

Boring cars are running through the tunnels.

Boring Cars drive. Perhaps you saw one of those doggie robots (like Boca Chica's "Zeus") "running" through the tunnels.

 

[JRP3]

Also, it's apparent to me that Sandy is unconsciously judging the car more negatively since he sold all his Tesla shares and proceeded to watch the share price climb much higher. That hurts and it's a natural and unconscious human reaction.

I guess you never saw his first review of a Model 3 where he completely trashed the build quality? Stop trying to come up with excuses, Sandy is a Tesla fan and has a Cybertruck on order. Frunk closing issues date back to the first Model S.

 

[StealthP3D]

Please stop and consider what you are doing here. You are inventing a narrative, with no evidence, to justify your desire to believe Tesla doesn't have a quality problem regarding fit. The observable evidence does not support your view, and attempting to malign Sandy Munro is not a good look. Posts like this bring into question your ability to present an unbiased analysis.

I didn't invent anything. The fact is, we don't know if the car was delivered in that condition since the rubber standoffs are so easy to turn with no tools. I've seen people do this unconsciously to my Model 3 while they were looking into the frunk. I had to point out that they were adjusting my hood standoff height (they thought the rubber bumper was just spinning freely in their fingers). If it WAS delivered like that, then it's a 5 minute job to adjust the latch. And, yes, it should come properly adjusted. Without a deeper dive than Sandy did in his video, he can't say which it was.

If my overall TSLA analysis is biased, it's been serving me extremely well!

 

[StealthP3D]

I guess you never saw his first review of a Model 3 where he completely trashed the build quality? Stop trying to come up with excuses, Sandy is a Tesla fan and has a Cybertruck on order. Frunk closing issues date back to the first Model S.

I guess you have a short memory. I had a lot of comments about his irrational focus on little stuff while not seeing the bigger picture. Now that he's sold all his shares, like a complete investor newbie, he makes an entire video about a frunk that has a misadjusted latch or hood standoff bumpers. Maybe he should look at my F-150 that has been leaking rainwater into the cab since day 1 (and that Ford dealers can't fix).

 

[AudubonB]

~~~Keep it civil and focused, you two. I think we can move on from panel discussions now.~~~

 

[JRP3]

The fact is, we don't know if the car was delivered in that condition since the rubber standoffs are so easy to turn with no tools.

Then that's a fundamental design flaw.

 

[CorneliusXX]

MODERATOR NOTE: This is, as those of you who are long-timers here have known, exactly how and where I have been living for the past quarter-century (that is: WITHOUT those roads, water, stores or anything else. Nearest minuscule villages are 80 miles away). I've done all right and then some, by most standards.

I thought exiling mods would solve the problem. Apparently there is no escape from the long arm of the law.