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

[Singuy]

Gordon Johnson told me that the Fremont fire was clearly caused by a lack of demand.

It was caused by peaked sales from q4 2018.

 

[StealthP3D]

Tesla doesn't exactly go out of their way to educate the masses because that requires lots of advertisement dollars. So they are just relying on word of mouth.

I don't think that's the reason. Tesla doesn't "educate the masses" because that would just create additional demand for their cars they can't meet. There is no benefit to educating the masses about their mobile service. They educate their customers about it because it saves them money and requires fewer service bays to service a given sized fleet.

 

[Singuy]

Good old cnbs. Had to go through mentions of old fires and 2 days factory shut down tweet before finding the real reasons for the fire last two sentences in the article.

 

[Singuy]

I don't think that's the reason. Tesla doesn't "educate the masses" because that would just create additional demand for their cars they can't meet. There is no benefit to educating the masses about their mobile service. They educate their customers about it because it saves them money and requires fewer service bays to service a given sized fleet.

You can literally explain anything with that reasoning. "Tesla is not doing ___________ because it will cause too much demand they can't meet."

 

[Zaxxon]

Gordon Johnson told me that the Fremont fire was clearly caused by a lack of demand.

Well, let's look at the facts. Market share something Denmark competition broken growth story.

 

[Discoducky]

Gordon Johnson told me that the Fremont fire was clearly caused by a lack of demand.

Here's what I picture when I think of GJs comments:

 

[StealthP3D]

You can literally explain anything with that reasoning. "Tesla is not doing ___________ because it will cause too much demand they can't meet."

Inexplicably, you think that Tesla should spend their money to create additional demand they can't meet. It makes no sense.

 

[Singuy]

Inexplicably, you think that Tesla should spend their money to create additional demand they can't meet. It makes no sense.

Nope, never said that. I said the general public doesn't know or understand Tesla service because they are not educated and it'll cost Tesla a lot of dollars to get the population informed(never said they should, just said this is the reason why people are NOT informed). All they know is you can't get your EV fixed anywhere else besides a Tesla service center which is not exactly everywhere. But a Pep boys or Mike's auto shop is everywhere, usually within a few miles. Besides charging, service is the second most talked about reason why EV is not yet ready for prime time.

 

[carterm2]

It sounds wrong, but...

I am starting to think of Tesla as an "international company". The cars made in China are MIC M3 and MY, the CT will be a "Texas made" truck, and Germany will have MiG MY and M3. EU customers, even Germans (I hope.), will accept the cars as German, or European. Chinese customers will see MIC M3 and MY as Chinese. This is simply brilliant although it probably is a result of a practical matter of choosing to build the factory where it's needed.

Creating design centers in China and Germany hints that this is intentional. Something about it seems very elegant and logical.

 

[lklundin]

Analysis thread on fire:

https://twitter.com/i/web/status/1370180925347270659

One person on twitter says his father works with similar machines. Seems to think it'll likely be back up and running by end of night.

"My dad works in metallurgy and has worked with press machines similar to this before. 'Looks like steam or water vapor. Anything of substance would be black smoke. Could be hydraulic hose leaked on something hot. Nothing serious. Better safe than sorry.' "

"Considering black smoke at beginning, definitely metal on metal overheating leading to black smoke. Could’ve been a number of things, most commonly a failed cooling or press got caught and wasn’t able to abort prior to cast overheating."

Says they used sand to put out the fires because they likely didn't have the foam on hand which is what caused all the smoldering.

EDIT: Most recent tweet includes comment from Freemont Fire Department, "The cause of the fire is molten aluminum and hydraulic fluid. Hydraulic fluid was identified as the source of the fire." -

https://twitter.com/i/web/status/1370210042159497221

Bid and ask in the very small early morning trades in Germany are unaffected, 583 Euro is just under 700$.

 

[Singuy]

Bid and ask in the very small early morning trades in Germany are unaffected, 583 Euro is just under 700$.

Fire isn't going to do anything. Bond rates however are still being annoying this pm.

 

[MXWing]

It sounds wrong, but...

I am starting to think of Tesla as an "international company". The cars made in China are MIC M3 and MY, the CT will be a "Texas made" truck, and Germany will have MiG MY and M3. EU customers, even Germans (I hope.), will accept the cars as German, or European. Chinese customers will see MIC M3 and MY as Chinese. This is simply brilliant although it probably is a result of a practical matter of choosing to build the factory where it's needed.

Creating design centers in China and Germany hints that this is intentional. Something about it seems very elegant and logical.

When Musk is in America, he's American. When he's in China, he's Chinese. When he's in Germany, ich bin Berliner.

This is the way.

Musk calling himself African-Martian however would be awesome.

Fire isn't going to do anything. Bond rates however are still being annoying this pm.

Sit tight.. people will get tired jumping at every .01 raise in Bonds. If the graph was linear, we can expect TSLA price to be $5 when Treasury Yields hit 3.4%.

 

[Cobbler]

Apparently selling Tweets can make you a fortune....

Elon is sitting on a goldmine!!​

 

[StealthP3D]

Nope, never said that. I said the general public doesn't know or understand Tesla service because they are not educated and it'll cost Tesla a lot of dollars to get the population informed(never said they should, just said this is the reason why people are NOT informed).

Well, you have argued many times that Tesla should spend more money on advertising and now you are acting like the lack of awareness of Tesla's service network is a problem. When it's not. And you know why it's not a problem (they sell every car they make).

All they know is you can't get your EV fixed anywhere else besides a Tesla service center which is not exactly everywhere. But a Pep boys or Mike's auto shop is everywhere, usually within a few miles. Besides charging, service is the second most talked about reason why EV is not yet ready for prime time.

Believing that lack of knowledge about Tesla's service network is holding back Tesla sales is the same thing as believing there is a lack of demand. It sounds to me like you are buying the FUDster's arguments hook, line and sinker.

Just like those who say Elon should stop tweeting are falling right into the hands of the FUDsters and short-sellers that desperately want Elon to stop using Twitter to continue building brand awareness at zero cost.

Tesla has more than enough customers for every car they build, that's all the proof you need that they don't need to spend time and money to educate the public about their expanding service network.

 

[Johan]

Nope, never said that. I said the general public doesn't know or understand Tesla service because they are not educated and it'll cost Tesla a lot of dollars to get the population informed(never said they should, just said this is the reason why people are NOT informed). All they know is you can't get your EV fixed anywhere else besides a Tesla service center which is not exactly everywhere. But a Pep boys or Mike's auto shop is everywhere, usually within a few miles. Besides charging, service is the second most talked about reason why EV is not yet ready for prime time.

But since neither charging or "lack of servicability" are actual problems, who cares if they are "talked about"? Does Tesla have a demand problem? Not the last time I checked.

 

[Lycanthrope]

Good old cnbs. Had to go through mentions of old fires and 2 days factory shut down tweet before finding the real reasons for the fire last two sentences in the article.

MM's gotta protect $700 somehow... Although the stupid 10Y bond thingy is giving them a great assist at the moment...

 

[LiveLong&Profit]

When Musk is in America, he's American. When he's in China, he's Chinese. When he's in Germany, ich bin Berliner.

This is the way.

Musk calling himself African-Martian however would be awesome.



Sit tight.. people will get tired jumping at every .01 raise in Bonds. If the graph was linear, we can expect TSLA price to be $5 when Treasury Yields hit 3.4%.

Agree.
Tapping into Chinese pride about manufacturing quality: This is perhaps a 4 decade long struggle for respect and recognition among the leading nations of the world. Apple iPhones went a long way, but china-built Teslas, made buy the Great Engineer Elon, doing space exploration on the level of nations - that is another level entirely.
That is something that engineers and line workers alike take immense pride in. Add to that Chinese built Teslas being exported to the, sometimes, a bit haughty Europeans and you have an emotional slam dunk.

Tapping into German pride about really complex machinery (and industrial automation), where the combination of theory and craft is practiced at the highest level, also 'gefundeness fressen'.

And in both places, having local design teams to do the necessary adaptions and/or wholly new product design is great too: That will allow the new or adapted product with the deep cultural background and thus intimately familiar with priorities and sensibilities of customers.
Which again will trigger recognition in the local populace who will then feel that the product is not really foreign, but feels like a kind of home-team. Which will allay the worst protectionist instincts. Or at least reduce them somewhat.

Elon knows how to motivate and make great products.

 

[15Peter20]

It sounds wrong, but...

I am starting to think of Tesla as an "international company". The cars made in China are MIC M3 and MY, the CT will be a "Texas made" truck, and Germany will have MiG MY and M3. EU customers, even Germans (I hope.), will accept the cars as German, or European. Chinese customers will see MIC M3 and MY as Chinese. This is simply brilliant although it probably is a result of a practical matter of choosing to build the factory where it's needed.

Creating design centers in China and Germany hints that this is intentional. Something about it seems very elegant and logical.

My M3 for sure feels more like a car-of-the-world as opposed to 'murican muscle.

 

[Maarten]

Hmmm, futures not looking good.
Well, maybe bad news for TSLA SP today, but no change in the outlook long term.
And that is what matters!

 

[Artful Dodger]

Yeah, today's the 'tune-up' for the main event which happens tomorrow at 4 pm.

MMs likely praying for some 'macro rain'....

Cheers!

'Hold my bare (while I kiss your girlfriend)'