Carl Raymond
Active Member
just because you do it doesn't make it right or the norm.
The world needs tinkerers. I’m thinking of JB Straubel, but there are countless others whose names never become recognised.
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
The world needs tinkerers. I’m thinking of JB Straubel, but there are countless others whose names never become recognised.
Yes, this is my point as well. Electricity can be designed for use very very safely and beyond that it inherently avoids certain risks like Carbon Monoxide poisoning and other artifacts of combustion - all great stuff.
Electrical systems in a serviceable situation OTOH can be very dangerous in that they are unforgiving - things happen instantaneously in ways the human body does not sustain well.
I am aware that people want to work on things. Great, get a motorcycle or work on the suspension. Electric vehicles have a noteworthy safety record because of good safe designs up front and it takes work to keep it that way. Encouraging any sort of tinkering on the traction battery systems on any EVs is beyond stupid IMO. I hate seeing this stuff on YouTube, it will be hurtful to EV success in the long run IMO and hopefully I am overly cautious.
Apologies if I seem strident on this, my experience with medical equipment repair even by trained techs has given me good reason to be.
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JRP3
Hyperactive Member
Luckily people will always tinker despite your unfound fears.
RobStark
Well-Known Member
Chinese car sales fall for first time in more than 20 years
Trade war with US is handbrake on growth in world’s second biggest economy
Sales of cars in China have dropped for the first time in almost 30 years, a sign of the importance of ending the country’s trade dispute with the US as the world economy begins to falter.
As the US and China appeared to be edging closer to ending the trade dispute between them on Wednesday, the figures illustrate how the bitter standoff, as well as sluggish local demand, have acted as a handbrake on growth in the world’s second biggest economy.
Passenger vehicle sales in mainland China dropped by 5.8% last year to 22.35m, according to the China Passenger Car Association, the first reverse in the world’s biggest car market since 1992
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Someone posted Chinese Auto Sales were 29M in 2017 a couple of days ago.
Maybe those include low speed neighborhood vehicles and/or tricycles and the above quoted by the Guardian does not?
Anyways, Chinese auto market at 22.35M vehicles at ~21k ASP is not bigger nor much more important than US market at 17.4M vehicles with ASP ~$37k. Yes, the luxury car market is still bigger in China than the US but the middle segment of cars is very small.
Trade war with US is handbrake on growth in world’s second biggest economy
Sales of cars in China have dropped for the first time in almost 30 years, a sign of the importance of ending the country’s trade dispute with the US as the world economy begins to falter.
As the US and China appeared to be edging closer to ending the trade dispute between them on Wednesday, the figures illustrate how the bitter standoff, as well as sluggish local demand, have acted as a handbrake on growth in the world’s second biggest economy.
Passenger vehicle sales in mainland China dropped by 5.8% last year to 22.35m, according to the China Passenger Car Association, the first reverse in the world’s biggest car market since 1992
________________________________________________________________________________________
Someone posted Chinese Auto Sales were 29M in 2017 a couple of days ago.
Maybe those include low speed neighborhood vehicles and/or tricycles and the above quoted by the Guardian does not?
Anyways, Chinese auto market at 22.35M vehicles at ~21k ASP is not bigger nor much more important than US market at 17.4M vehicles with ASP ~$37k. Yes, the luxury car market is still bigger in China than the US but the middle segment of cars is very small.
shlokavica22
Member
Do you really think that it is a good idea (from investor's perspective) to involve TSLA in political statements while the US public (and potential customer base) is split in half?
Causalien
Prime 8 ball Oracle
Someone might be cornering the market to recreate the condition of the VW short squeeze. We'll never know till eod when all transaction is reflected.
No that just a factory standard feature on new BMWs. Not an extra option you specify.
EVNow
Well-Known Member
Yes, that AP tweet has been heavily criticized (and ratioed).
But, MSM has assumed for a long time that the "truth" lies somewhere between Dem & Republican positions. So, by moving more and more to the right, Republicans have forced MSM to move right too. Nixon's healthcare plan some how became "socialist" Obamacare, for eg.
Another Early Obamacare Supporter: Richard Nixon?!
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This could be Tesla themselves. They have $1B in convertible debt due in March. This straddle will ensure the stock price is above the conversion threshold ($359-something). $1B is probably not enough money to do this but who knows. Also, not sure they can legally do that. One of their benefactors could... Larry?
shlokavica22
Member
Unofficial data was already available weeks ago (reports from local dealers for example). Same goes for steel production, etc.
One of the sides in this dispute is bleeding faster than the other.
EVNow
Well-Known Member
In marketnews - after all the gyrations of the day, it is interesting that TSLA and Nasdaq ended almost at the same place - up 0.95% vs up 0.87%. Basically bots have taken over the trading.
In the last few sessions are shorts seem to be not doing much work ? Have they lost confidence or are they just waiting for some juicy FUD ?
Today there was a news item, which in the earlier days they would have used to drive down Tesla. Something about a lawsuit saying bad battery killed a teen. It didn't affect SP in anyway, though.
In the last few sessions are shorts seem to be not doing much work ? Have they lost confidence or are they just waiting for some juicy FUD ?
Today there was a news item, which in the earlier days they would have used to drive down Tesla. Something about a lawsuit saying bad battery killed a teen. It didn't affect SP in anyway, though.
While currently true, I think it's important to have a theory about whether this will persist, given the continuous fast changes in China. In some respects, the China factory seems to be a bet that this will not persist.
I bet Li called dibs on GF 5, 6, And 7. All these will be built before Foxconn finishes with one factory in Wisconsin.
Buckminster
Well-Known Member
Tesla's long-term play on batteries gets praise from German auto executive
I'm so used to FUD that when I read stuff like this I'm thinking "what's the catch - what's his angle?"
I'm so used to FUD that when I read stuff like this I'm thinking "what's the catch - what's his angle?"
ZachF
Active Member
"Passenger vehicles" does not include trucks, SUVs, or commerical vehicles. Sales of passenger cars were 24,961,948 in 2017, vs. 29,122,531 for all vehicles in China. Passenger cars were only about 6m of the 17m US sales.
Sales Statistics | OICA
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