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

[inconel]

Never thought I would ever say that Gordon is right but this time I must admit that he is, about the Orgy.

 

[2daMoon]

Okay, everybody PUUUUUUUSSSSSSSHHHHHHH!

 

[FS_FRA]

@Artful Dodger, are you saying that the news about Germany re-opening debate on the environmental issues for Giga Berlin is not real?

It's real: Online-Konsultation wird wiederholt

Official website of the state ministry of the environment for Brandenburg.

@Artful Dodger having a laugh, me thinks....

 

[SOULPEDL]

SO close!!!

 

[MP3Mike]

Sucks to be Cathy Wood, who just dumped a few K shares yesterday.

But she didn't sell any shares yesterday...

 

[TheTalkingMule]

I'm gonna go take a shower. Someone fill all these $900 sell orders by the time I'm back so we can move on.

 

[Big Time]

We just hit 900!!!! 40 cents to go!

 

[2daMoon]

View attachment 723946

Aren't you supposed to be back out detailing the car?

 

[MartinAustin]

$898.98

 

[MP3Mike]

View attachment 723946

Still $0.40 off of the ATH...

 

[Atomsla]

It should set a new ATH soon, I've just placed a buy order for 1 share at 900.41

 

[Lessmog]

View attachment 723915

Holy smoking gun, Batman!
Just to capture that as text here, in a response tweet Motörhead (@BradMunchen) says
(timestamp 9:49 PM Aug 29, 2021)

Good for you, Missy. Use the block list against obnoxious $TSLA fans by contacting @Paul91701736 .
It makes life easier when making negative comments about Tesla.

referring to her saying that Duke had seen no conflict of interest in her association with Veoneer.
(Not hard for me to see it, but mileage varies ...)

QED. Thank you for this important info, @401kcormack !

 

[GOVA]

HALT THE STOCK

You forgot the magic word.

 

[StealthP3D]

Zach chooses his words carefully, as a CFO should, and specifically cited revenue recognition based on WHAT the buyer was promised AT THE TIME THEY BOUGHT IT.

That entire phrase would make no sense but for the fact that Tesla has sold a different set of features as "FSD" at different times- exactly as shown in the screen shots from Teslas own website. The post 3/19 set of features is much easier to deliver, and thus the revenue from that (which by now is most buyers, given fleet growth/timing) will be recognized much sooner.

If we apply Occam's razor to Zach's comments:

In the past, we had EAP and FSD. At that time, we made different commitments for the FSD product vs now, where the EAP and FSD product has been combined into one product.

This is a very pertinent comment by @powertoold and illustrates why we can't take a generalized statement by Zach and jump to specific conclusions. Because Zach's comment is perfectly explained by the differences in timing of revenue recognition required by the selling of Extended Autopilot and the subsequent adding on of FSD at a lower cost than someone going from no EAP to Autopilot. This interpretation is much more obvious than trying to split hairs and saying Zach's comments certainly imply Tesla is recognizing a difference in the way they presented the capabilities of FSD.

While I suppose it's possible that Zach's comment could also include the more convoluted meaning ascribed by @Knightshade, the more obvious situation described by @powertoold precludes interpreting Zach's comment as having any significance beyond the obvious interpretation.

 

[Stone_Watcher]

It should set a new ATH soon, I've just placed a buy order for 1 share at 900.41

Thank you for your sacrifice.

I’m starting to understand why some of you are looking into buying mountains. If only I had understood the Tesla mission in the early 2010’s I’d be looking too.

Still happy I test drove a Tesla in late 2019 and started buying TSLA aftermarket that day. The product really sells itself.

 

[Artful Dodger]

Aren't all indications that we have point to the earthworks next to the R&D center being unrelated to Tesla? I refer to your earlier post.

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

Berlin wasn't scaled back because of permits or environmental concerns, it was the German govt waiting for Tesla to break ground and then immediately trying to cut Tesla out of their domestic EV subsidies. On what grounds - source ? As was noted, not too hard for suppliers or Tesla...

teslamotorsclub.com

IMO, there's really only two things those foundation could be for, the new CATL bty plant or the Model 2 plant. I don't have enough knowledge of civil engineer or earthworks prep to judge, but there are several Civil Engineers on this board that may share an opinion.

Operationally, I'd prefer to have the more complex site needing the most engineering oversite closer to my R&D facility, so that's why my take is that the earthworks are in preparation for the Model 2 factory (ground compression through weigh of earth / compaction).

Tesla will be in no rush to announce what it is. The whole R&D building has been finished for months now. WuWa (who's videos we depend upon) though the R&D Center was what we are now calling a Logistics building on the North edge of the Model Y Assembly hall. So we just have to make an informed guess, while remaining open to new information.

Cheers!

 

[Krugerrand]

Interest payments may begin now.

 

[Knightshade]

This is a very pertinent comment by @powertoold and illustrates why we can't take a generalized statement by Zach and jump to specific conclusions. Because Zach's comment is perfectly explained by the differences in timing of revenue recognition required by the selling of Extended Autopilot and the subsequent adding on of FSD at a lower cost than someone going from no EAP to Autopilot.

Except 100% of features of both EAP and AP are fully delivered and have been for over 2 years. 100% of that revenue was long since recognized.

So that reading makes no sense at all.

Only if FSD has different feature sets based on purchase date does his remarks about purchase date impacting which features a buyer is owed make sense.

For post 3/19 buyers all promised features at time of sale are fully delivered today other than city streets, which as we know is in limited beta right now. Once that goes wide, 100% of revenue to those buyers can be recognized.

But they will not be able to fully recognize remaining deferred revenues of pre 3/19 buyers, since they bought a different set of features that would not be fully delivered by just a wide rollout of L2 city streets.


And since Teslas own website literally calls out that that is true, and was pretty clearly the intent of why the product description was significantly changed back in march 2019 (and this change was widely discussed as such here) it's weird anyone is still resistant to believe it.

 

[Big Time]

These clogs are starting to hurt my feet........

 

[jbcarioca]

As mystified as I am - though utterly delighted - at the difference between the TSLA performance in both After-hours & Pre-market trading versus now in the Open market,

I am equally confused by the decisions some of you have posted:

First you prepared Sell orders, because the stock appeared to be dropping…and then cancelled them because it was higher? “Sell Low Buy High” is what feeds the professionals. And for us old-timers: Why have some of us spent so many YEARS trying to pound these lessons into the newer generations‘ heads?

Easy answer. Some of us are old and crotchety. Some of us also worked developing derivatives. Some of us also know that retail 'investors' will lose just as casino gamblers know the house win but still continue to play. When Nobel Prize winners manage to lose their fortunes when they themselves were the riggers should give anybody pause, but "that happened in 2008, ancient history, it's different now". And so it goes.

Buy high and sell low? That makes perfect sense because some of us are determined to make market makers richer than they already are. P T Barnum would have been so proud.