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

[Krugerrand]

Buddyroe: Have you an opinion of the Tesla Semi?

Do you have to encourage him?

 

[JRP3]

I'd say likely to be okay for junior high school age and below. To the extent that's correct, is it an appropriate CapEx investment to offer this option?

The target market is for large families, so unless quintuplets you stick the youngest in the back.

 

[UncaNed]

I get that they are going for ease of production over everything and that's why it looks more or less exactly the same as the 3, down to the same exact lights on both

What in the world were you expecting? By all measures it was to kind of fill in between existing models and it does exactly that.

 

[mekberg]

Presentation was okay.

Car will sell like hot cakes.

Stock will drop 2% tomorrow.

 

[myt-e-s-l-a]

Does not look good

What do u expect ? Its the twin bro of the M3. Very little differentiation.

I wouldnt jump to purchase.

 

[Spacemanspliff]

Misremembering. Y has always been slated for 2020 as far as I can remember.

2020 for sure, but it seemed to be earlier in 2019 than Fall, like spring. If someone has the Q4 transcript I'd like to know.

 

[clmason]

Model Y is exactly what I expected. The bells, whistles and neato features were all known because it’s based on the 3. In 2 years the 3’s and Y’s interior design will still be light years ahead of the competition. People always seem to forget that no gas with great performance, technology and long range is the winning recipe. Tesla will have no problem selling at volume.

Many a billion in sales will flow in and all these short fools on the forum will still be complaining that it’s ugly and Elon is a bad presenter.

 

[AudubonB]

Do you have to encourage him?

Yes. It's important to get people to consider whether their own opinions are honest ones or vapid blathering.

 

[NicoV]

Believe me, they are not going to publish the # of reservations for the MY like they did for M3.

Dont think the demand will be that great. There was not much to talk about MY so they had to fill the presentation with rehash of history and only 5 min. of MY.

Actually, there are no reservations for MY. You have to place a firm order, with agreed upon prices and features and options. That for a car that will take a while to get delivered (even more so in China and Europe). This is not a crowdfunding campaign like the Model 3 reveal. Tesla doesn’t need to do that anymore. Normal is the new normal at Tesla.

 

[mekberg]

I sort of get Honda Crosstour, BMW 5GT, and Subaru Crosstrek vibes.

 

[SebastianR]

Alright, let's see how this has aged:

the way I look at this is, from the perspective of Tesla speaking to a) customers and b) their competition (and not to investors).

So if my theory is right, tonight we will get:
1) An awesome car that many people will want to own. -- check
2) The opportunity to pre-order / register (I think this is pretty much a given now) -- check
3) Lots of (very credible) details on manufacturing/production/assembly: I would love to see some innovation like "no more 12V battery required", or "fully automated wiring harness assembly", or specific other numbers that will shock/annoy/horrify the legacy car makers. -- fail
4) Something about how this time production ramp will be different -- I would consider this check (details on price, production schedule, geography etc.)
5) Maybe some videos / live demo of some particularly difficult aspect of the production (robot installing wiring harness? or similar). - fail (there was a lot of talk about factories etc. though)

Also of course:
6) Advanced summon + AP3 if it is ready - fail
7) Something (could e.g. be AP3) to buy immediately right now for new and existing customers -fail
8) Less likely but still on my list: a (small) interior refresh of Model S/X e.g. GUI, water cooling for AP3, CCS for Europe etc. fail (as half-expected)

Overall not a very "hyped-up" event, but a very solid reminder of where Tesla has come from. Liked to see Elon double down on the 500k cars conversation. Funny as this may sound, this event might even generate a few Model 3 sales: it puts an end to the speculation and when the Model Y is coming and how it might look like. All facts incl. the $35k Model 3 are on the table now. With all the details. This means that folks can buy with peace of mind. (and I need to work on my forecasting skills ;-) )

Oh, one more: the reservation IS different from the Model 3: it is an actual order and it is $2500. I guess that's a "check" more:

So if I were Tesla, I would make this different from the Model 3 launch: I would take at least 2.5k USD and announce that of course you can't compare that to the Model 3. Then I would indicate timeframes for which options / which countries come first

That way you avoid the 1:1 comparison, get an even better idea how impatient people will be waiting for what.

I would give the option to pre-order to destroy ICE demand: remember the BMW 3 Series started to tank after Model 3 pre-orders were open.

I guess the firm order really IS destroying the ICE demand for CUVs. That's pretty ingenious!

 

[brian45011]

Nice to see abandoning the chrome though.

There are many nasty chemicals and effluents resulting from putting chrome on auto parts. The process usually includes copper plating, then nickel plating and finally chrome plating. Chemicals include strong acids and bases, cyanides and hexa-valent chrome. Eliminating chrome parts is good for the environment!

 

[MarcusMaximus]

So.... nobody is surprised by the range? I’m kinda shocked they got the prices they put for that high of range. Was expecting a bit lower across the board.

 

[myt-e-s-l-a]

It’s exactly how I expected. Exactly what I want. Can’t get the website to finish my order!! I am now envisioning 32 $2500 credit card charges showing up tomorrow.

Just dispute it 32x with the CC company

 

[keydiver]

Nice to see abandoning the chrome though.

I like the chrome on my wife's Model 3. Her favorite color is chrome.
On the one hand, I was a little confused and disappointed how similar it looks to the 3. But, as an investor, I am actually relieved, because I think we have dodged another "manufacturing hell".
Another point that I hope the media catches: European factory live by early 2021!

 

[AlexS]

it's basically hatchback Model 3, i like the looks. But I am not sure you can call it SUV. But I think you have to call it SUV then it sells better in US.

 

[Fred42]

Looks pretty good imo.

It looks plenty good in this image and also in the screenshot of the red one posted by Dandursten. And on the order page it looks good after I changed the color to white and added the optional wheels. (It's unfortunate they only show one angle.) I expect that in person the appearance will be not WOW but plenty good enough for good sales. It's easy to picture millions on the road. Tesla did themselves a disservice with the quality of the reveal, but everything will move on.

 

[Krugerrand]

Yes. It's important to get people to consider whether their own opinions are honest ones or vapid blathering.

I’ve already considered his, as has most everyone else including yourself.

 

[MarcusMaximus]

Actually, there are no reservations for MY. You have to place a firm order, with agreed upon prices and features and options. That for a car that will take a while to get delivered (even more so in China and Europe). This is not a crowdfunding campaign like the Model 3 reveal. Tesla doesn’t need to do that anymore. Normal is the new normal at Tesla.

Kiiiinda. But the $2500 is fully refundable.

 

[Electroman]

Looks pretty good imo.

Oh those panel gaps !!