Where do you put in the tradein value. In April we should be taking delivery of a new Model S LR and recent events tell us to sell/tradein our 2015 Model S. Not sure if we should sell or trade in. Is the added value possible in selling worth the hassle.
-
Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
2daMoon
Mostly Harmless
I think I got a crick in my neck when I involuntarily reacted to this article's title.
www.teslarati.com
BAF?
Oil giant Shell offers Tesla Model 3 and Model Y subscriptions in Germany
Shell may have established its legacy as an oil and gas giant, but the company has shown an eagerness to present itself as an advocate of sustainable solutions. In Germany, for example, Shell has launched a dedicated electric vehicle subscription program, featuring popular electric vehicles from...
www.teslarati.com
BAF?
Last edited:
2daMoon
Mostly Harmless
Resistance is futile...
Knightshade
Well-Known Member
The claim this is a regulator problem has been debunked multiple times- not sure why you keep repeating it.
As a former investor in them, and living not TOO far down the road from the project, I've followed this a bit.
Piedmont Lithium has been grossly incompetent in getting this moving- in fact this is mentioned in some of your own links so it's unclear you really read them?
YOUR second source said:
Not sure how that's anyones fault but Piedmont. More on that below
In short- they told investors in 2018 they were about to file permits- which they didn't... then in mid-2019 they said they expected to apply for them "in the coming months".... the story is from 2021 and points out they still had not filed any permitsYOUR first source said:
Not sure how that's anyone to blame but Piedmont themselves.
One of the board members points that out- asking why Piedmont signed a supply deal for a mine they haven't even filed paperwork to operate years after claiming they would do so.
Piedmonts excuse for this was they didn't have "time or resources" and "didn't even know what to tell them" until now. So why did they claim they were about to file 3 years previous?
They also cancelled meetings with the board on just a couple of days notice claiming they weren't prepared.
Your story also mentions they now hope to apply for a state mining permit "this summer"
You know- the permit they said back in 2018 they were about to apply for.
And that they hoped production would begin by second half of 2023... which is why the other link you gave mentions they're now having to delay delivery to Tesla. Because THEY are years behind on even filing for permits, let alone starting to build anything, let alone produce anything, from the project.
You can't blame "the regulators" because Piedmont, years after claiming they were about to do so- still haven't even filed anything for them to approve.
Again- Not sure how that's anyone to blame but Piedmont themselves.
Artful Dodger
"Neko no me"
IIRC, Tesla made a capital investment in this nickel-mining joint-venture in New Caladonia:
"MELBOURNE, Oct 13 (Reuters) - Prony Resources said on Wednesday Tesla Inc (TSLA.O) had agreed to purchase around 42,000 tonnes of nickel in a multi-year deal - a pact that is set to make the New Caledonian miner a key supplier of the metal to the U.S. electric car maker.
"Prony, which bought the loss-making nickel operations in the French territory from Brazil's Vale SA (VALE3.SA) this year, added it aims to produce 44,000 tonnes of nickel by 2024, double its expected 2021 output."
Clearly, Tesla will enter business relationships as required to secure their materials supply. That's just how Tesla rolls.
Cheers!
It is fascinating to watch and better yet to be a part of and on the right side of history.
jeewee3000
Active Member
The article states Tesla came to a supply agreement with Prony, but Tesla hasn't acquired any part of Prony if I'm reading this correctly. (Alluding to your reference to a capital investment)IIRC, Tesla made a capital investment in this nickel-mining joint-venture in New Caladonia:
"MELBOURNE, Oct 13 (Reuters) - Prony Resources said on Wednesday Tesla Inc (TSLA.O) had agreed to purchase around 42,000 tonnes of nickel in a multi-year deal - a pact that is set to make the New Caledonian miner a key supplier of the metal to the U.S. electric car maker."Prony, which bought the loss-making nickel operations in the French territory from Brazil's Vale SA (VALE3.SA) this year, added it aims to produce 44,000 tonnes of nickel by 2024, double its expected 2021 output."
Clearly, Tesla will enter business relationships as required to secure their materials supply. That's just how Tesla rolls.
Cheers!
Either way, as I implied in my earlier post, Tesla has indeed been thinking of and sorting out battery cell material supply chains before the OEMS even drew a concept electric car.
It's my main bull thesis for TSLA and why "the competition" can never catch up even by throwing lots of money at the problem.
TheTalkingMule
Distributed Energy Enthusiast
And now there's nowhere to go but up. No one's sitting around waiting to sell at $1075. Earnings models are completely out of whack and getting whackier. True shorts are F'ed. MM's with short positions need to cover.
I think that last one is likely what we're seeing. Just an unwind from aaaalllll the options-based MM shenanigans of the last 2-3 months.
Now we move into the squeeze phase where everyone starts buying far OTM options. Fun times.
I think that last one is likely what we're seeing. Just an unwind from aaaalllll the options-based MM shenanigans of the last 2-3 months.
Now we move into the squeeze phase where everyone starts buying far OTM options. Fun times.
Try KBB cash(KBB guarantees the dealer the cash value so no risk for them .. at least that is how it worked in NJ) value or Vroom if you want no hassle .. Tesla trade in for my older 2017 MS was a joke < 50% original purchase price .. they dont want older MS w/o FSD capability
I sold to GMC dealer
and got ~70% of original purchase price last week.." you did it Mary" ... selling used Tesla may be GMs new business modelif you like psychos showing up at your house then sell to private party
Last edited:
TheTalkingMule
Distributed Energy Enthusiast
Today is a shite-ton of volume by the bye(14.3M by 10:30am). What is this....about double the normal first hour's volume? And there wasn't even too much at the open. It's freak-out-o'clock.
I really love Joe @data_ev's to-the-point and witty remarks, making people who are spreading misinfo to 'stand corrected'.
WARNING to all portfolio managers who want to get in TSLA cheap: TIME IS RUNNING OUT. (Or you can wait a while and still get a good deal at $1800.)
2daMoon
Mostly Harmless
Well, we're an hour into today's market and have only traded 12 million shares.
Geez, this stock really needs to up its game.
Edit: 1:06 into the day and 13 million shares traded...
Geez, this stock really needs to up its game.
Edit: 1:06 into the day and 13 million shares traded...
Similar threads
- Locked
- Locked
- Locked
