Check his left leg. He is using it to provide resistance on the wheel.
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
Highway ap has reduced the nag significantly. Fsd beta however is still very naggy.
Iain
Member
Ok, you may be right. I noticed on my drive up I-5 I could go a long time without a nag.
JRP3
Hyperactive Member
Turns out Baron has sold some Tesla shares in the past. From the recent letter:
"Tesla’s share price reached over $400 per share in late 2021. Since its stock had increased so dramatically over the preceding two-year period, it had become a very large percentage of assets in two of our mutual funds and several managed accounts. To reduce the single stock risk of those two funds and other accounts, we sold 6.8 million shares from 2020-2022, about 25% of our shares. Our average selling price was $221.56 per share.
We continue to hold 17.6 million shares of Tesla’s stock, which is valued at about $3.1 billion at the time we are writing this letter."
"Tesla’s share price reached over $400 per share in late 2021. Since its stock had increased so dramatically over the preceding two-year period, it had become a very large percentage of assets in two of our mutual funds and several managed accounts. To reduce the single stock risk of those two funds and other accounts, we sold 6.8 million shares from 2020-2022, about 25% of our shares. Our average selling price was $221.56 per share.
We continue to hold 17.6 million shares of Tesla’s stock, which is valued at about $3.1 billion at the time we are writing this letter."
I put $25k into TSLL in a tax free account at the end of October last year. Oops. Went to $9k but is now over $20k again. I think it will work out well, for an experiment. But I don’t think I’ll hold it long term. Maybe through the next big rally…hoping.
Page 3 of the Barron’s letter says a lower priced vehicle is planned in 2024.
If this is correct I am glad even if it ends up Elon time and mass production takes a year or two.
If this is correct I am glad even if it ends up Elon time and mass production takes a year or two.
shrspeedblade
Rideshare Monkey
Does any reasonable evaluation reach any other conclusion than Tesla would have folded before delivering even the Roadster had he stayed in charge?Former Tesla CEO shares his thoughts on the company
Ousted Tesla cofounder Martin Eberhard sounds off on Elon Musk, how the company has changed, and the EV wars
While Elon Musk is sometimes referred to as the founder of Tesla, Martin Eberhard cofounded Tesla in 2003 with his friend Marc Tarpenning.www.businessinsider.com
Baron funds’ ownership of TSLA and SpaceX summarized in the attachment.
Attachments
Just started a bi-weekly buy into BPTRX from my schwab account. Plan on holding this forever like $TSLA shares
They are talking their book. No way Warren would last so long on a diet of candies and cherry coke
I'm pretty sure it would have delivered the Roadster. Then he would have sold the company to the highest bidder and moved on. That's been Eberhard's MO as a serial entrepreneur since he first started doing it -- come up with an idea. build it to the first delivery. sell.
In pretty much all cases, the company that bought it didn't know how to get to the next level, so it died. Even the Rocket e-book, which pretty much created the e-reader market died once it got bought by Gemstar.
To me, that's been Musk's huge contribution -- that he had a vision beyond that first delivery and was willing to push it to that vision.
philw1776
Member
All predominantly left leaning sites with lefty audiences that tolerate no alternative viewpoints. Elon is "Rocket Man Bad" now.
Martin could be the CEO of Rivian and Lucid and be perfectly acceptable. His problem was building a roadster that cost more than what they charged...aka a negative gross margin but just slightly so. Elon saw that as a deal breaker and fired him, and then turned a negative gm roadster to a positive one, mostly by raising the price on pre order holders.
Actually lucid and rivian wish they had a ceo like Martin so their gross margins wouldn't be -250% negative.
Previously Tesla said 285K purchased FSD and can request for the beta. And since employees get beta for free, they are part of the 362,758 that can have access but not part of the 285K that purchased. The remaining are customers who purchased FSD between December 29 and February 16.
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Captkerosene
Member
They are talking their book. No way Warren would last so long on a diet of candies and cherry coke
From Forbes: Buffett eats like a kindergartener whose parents are away. He downs three cans of Coke before leaving for work. For breakfast, he may have a bowl of ice cream, or Utz potato chips. Buffett's logic? "I checked the actuarial tables, and the lowest death rate is among 6-year-olds, so I decided to eat like a 6-year-old. It's the safest course I can take."
FSDtester#1
Craves Electrolytes
His left knee, he sometimes raises it up to give resistance to the wheel.
I don't recommend this, but studied it over many of his drives.
So... Tesla releases an OTA upgrade/update in mid-April that addresses and "corrects" the anomalies pointed out by the NHTSA. If Tesla "fixes" them to their satisfaction, then what will the NHTSA do? Apologize? Come out with an endorsement of AP and FSD? Nothing? I mean looking at the 4 main problems, they seem trivial (except for perhaps the lane change issue) and easily modified by Tesla. Are there any analogies for actions taken by NHTSA when other "recalls" have fixed similar issues?
Any input will be appreciated!
Any input will be appreciated!
KBF
Model X owner (formerly Cdn Signature Model S)
I respect Eberhard - his openness in the early days was something that drew me to Tesla. He seemed like a good guy to boot. He was the early face of Tesla for sure.Former Tesla CEO shares his thoughts on the company
Ousted Tesla cofounder Martin Eberhard sounds off on Elon Musk, how the company has changed, and the EV wars
While Elon Musk is sometimes referred to as the founder of Tesla, Martin Eberhard cofounded Tesla in 2003 with his friend Marc Tarpenning.
One of the conflicts that was not mentioned in the article was the conflict around hybrid vs EV. My memory may be off, but I think Martin was pushing for compromise to get quicker mainstream acceptance and offer a hybrid option, and Elon (and the board?) put his foot down and insisted that Tesla must be 100% EV only. That may be the first that I remember Elon coming into the picture as a leader. As much as I respect and admire Eberhard as a person, I'm grateful that Elon won that argument - he took Tesla farther than Eberhard would have. But please correct me if I'm wrong - it's many years ago!
The two personalities are so different, it's no wonder they couldn't work together (though it sounds like Eberhard has a hard time with the politics required to work with big egos in the auto industry in general)... My job involves helping people understand disparate personalities using a cognitive function model - I see this a lot in both businesses and families. A lot of conflict could be managed more and be less destructive (even very constructive) if we understood specifically how others uniquely perceive the world and gather data, and how we use different criteria in decision-making.
I wish Eberhard all the best, and he's probably better off not getting sucked into sugar by media that just wants to use him as clickbait. (But I think it's also meaningful for people not to forget his contributions, so I hardly blame him).
I believe they just find something new to complain about. It's never-ending.
Utterly stupid, of course, but I figure once you hit 80 you can do anything you want (as long as you’re nice to people).
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