Tesla is not going to start with a union workforce.Probably true, although Tesla would never admit it
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
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I'm not surprised Tesla isn't interested in UAW workforce. They've been avoiding unions in Ca, so this should be no different.
If @printf42 scenario was bought the plant and then selectively hired those that were laid off by GM, I don't see any potential lawsuit. It would be wise to avoid a takeover then fire the UAW ones - that would merit a lawsuit.
Wow, the shorties are going to go nuts with their certain explanations why this is just more fraud.
Btw, Fred is mostly building his article on this hilarious (but partly German) Twitter account:
Somehow, we lost. (@somehowwelost) | Twitter
On some forums sites in addition to the regular “informative, like, love“ tagging options there is also usually a “recommend for sticky“ option. Maybe something like that could be enabled but the action that the recommendation for sticky was simply to accumulate how many recommendation for stickies tags it received and from there mods good either manually remap those posts to a sort of sticky which was just the most relevant market Action information or I think it’s certainly possible to have that automated.
They’re reporting expecting higher numbers than anybody else in areas very few people can see, where it’ll only be widely reported in the aggregate after the earnings report while simultaneously being exclusively bearish in public. They aren’t(and likely won’t) giving any impression publicly that Tesla is “going to do really well”. I don’t think anybody here is criticizing, say, Oppenheimer for their prediction.
That said, like I said before: I wouldn’t have faith in the SEC. Better to just REALLY broadcast that these two bearish analysts are predicting amazing numbers for Q4. If they’re really sincerely believing the numbers they’re giving, then we’re doing them a favor by making absolutely everyone aware of them. If not, we’ll, you reap what you sow.
I can believe that (for the USA).
Wouldn't this preclude Tesla from buying a recently closed ICE production facility in the US?
The second-highest expected valuation, from Needham, comes from a company that currently has a "sell" recommendation on TSLA.
Tesla stock falls after Needham downgrades to underperform
They have been totally silent on having upgraded their revenue and income estimate, but maintain the "underperform".
I imagine the same is true for Canaccord, I just happened to remember the Needham downgrade.
I’m confused. Wouldn’t the sequence be: GM shuts down facility and lays off all workers there -> Tesla buys facility -> Tesla hires whoever they want/need to run it? Is there something requiring that if they buy a building they have to take all the people who used to work there with it?
Well they managed to pull it off in California, that was an ICE facility from before. I’m not sure if there is some caviat for how long an existing plant needs to be shut down before the workforce can be rehired NOT as union workers.
I believe they’re ARE some legacy people who were in that facility and ran the paint shop but I could be wrong.
I have to say that historically it’s easier and often cheaper to build a new plant assuming cost of capital and incentives are advantageous. If tesla were to take over a plant in any other state from an existing domestic manufacturer at this point there would most likely be some significant in the state tax incentives or construction budget made available.
Indeed, it doesn't take much effort to scan and scroll - that's what I did with the bitchin' posts, and I invite others to do the same with mine - see the cat, keep scrollin'...
Because those making the highest revenue estimate are those with some of the lowest SP targets - which isn't really logical, is it? The one bunch has a PT of $200 and they're predicting $7b revenue. How can this PT possibly be achievable with such revenues, and likely good profits?
True. But wasn't the NUMMI factory kind of an exception from the typical ICE factory being located where people are mostly connection to the ICE industry (like in Michigan, maybe)?
My idea is that if a factory is located in a place where the major employer has been an ICE maker for decades, then it may be difficult to find employees not affiliated with that former employer - and by extension these people would tend to be unionized.
A "liberal" one too so ipso facto on the wrong side of history for our Trump supporting investors.
trini0t3y
Member
One thing I have noticed with analysis and projections is that you don't find much on the profitability of Tesla power walls, and solar tiles & panels. Need to improve that transparency from financial analysts, I think.
"I expect momentum and earnings revisions following the Q4 earnings results to drive Tesla’s shares higher, which should enable the stock to break out of its 1.5-year trading range. Moreover, improved sentiment could spark a wave of buying coupled with a short squeeze above the $390 level, which should enable Tesla to trade up to and possibly above $500 by year end. Tesla remains a conviction long-term buy in my view, and is a core holding in my diversified stock and ETF portfolio."
Why Tesla Will Likely Achieve New All-Time Highs In 2019 - Tesla, Inc. (NASDAQ:TSLA) | Seeking Alpha
"I expect momentum and earnings revisions following the Q4 earnings results to drive Tesla’s shares higher, which should enable the stock to break out of its 1.5-year trading range. Moreover, improved sentiment could spark a wave of buying coupled with a short squeeze above the $390 level, which should enable Tesla to trade up to and possibly above $500 by year end. Tesla remains a conviction long-term buy in my view, and is a core holding in my diversified stock and ETF portfolio."
Why Tesla Will Likely Achieve New All-Time Highs In 2019 - Tesla, Inc. (NASDAQ:TSLA) | Seeking Alpha
Please read Fact Checking's post one more time, if you still don't understand what he is talking about, then I will add your name to my ignore list. No offense, life is short, I don't want waste time.
Great observation regarding Canaccord and Needham. A few days ago Needham again suggested to sell TSLA. Seems to me they want to engineer a "miss", to make Tesla's great quarter sound bad.
Yes that’s what I mean, buy the plant with some equipments after it’s completely closed, then hire from open market.
Also, if it’s for battery cell and Model Y production, the required skill set would be much different than traditional final assembly lines. It makes absolutely no sense to take over the whole workforce.
I think she has a good argument, as the area is traditionally UAW territory. Even if Tesla hire their own employees, chances are good many of them are pro UAW and Tesla can't prevent them from join UAW afterwards.
I agree there could be an opportunity if Q4 appears to miss consensus. I'll be more focused on cashflow than GAP earnings. As an earnings miss could just mean that Tesla has decided to ramp R&D again (which I think they should do)
Though my hypothesis is that we might see another attractive entry point in Q1 on the delivery report. I expect difficulty in Tesla matching or exceeding Q4 deliveries in Q1 as they have exhausted most pent up demand in the US and will be in the process of ramping up sales in RHD countries and China while navigating much more challenging logistics and regularity hurdles. This could embolden one more bear raid under $300.
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