Ok, if this happens, which is a huge long shot for this year and maybe next, would also really move the stock
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
To put this in perspective, when I purchased a 2001 and later 2004 Prius, All the pundits agreed battery replacement would cost $10,000. When the time came to replace the battery on the 2001 (ten years later), it was $3,000 installed. The battery is just not something I'm concerned about on a Tesla. The 2013 had seven years and 130,000 miles and was down about 8% when I traded it in for the X (mainly to get the additional safety features and the falcon wing doors so my friends wouldn't bump their heads on entry and exit.) I don't doubt the battery will last the next owner another ten years.
Musskiah
DisGruntled
Good summary. I would add GigaShanghai Phase 3 expansion explicitly built for Model 2 began in 2021, was put on the backburner, and was reinvigorated end of last year. It is quite possible Shanghai quickly follows the pilot production in Austin. We have seen how quickly they move in China, and if the factory is already built, setting up and ramping the lines will be rapid. https://carnewschina.com/2023/12/06...ase-3-expansion-to-produce-25000-usd-vehicle/
Krugerrand
Meow
You must be new to Tesla. Many of your questions stem from a pure unknowing of the car industry on all levels, Tesla’s role in changing the world, and how best to go about it and not go bankrupt in the process.
Suggest you start at the beginning of this thread for background information on all of the above. Your questions will be answered many times over along the way.
2daMoon
Mostly Harmless
As would be expected, there are a lot of people who haven't been able to follow the company closely enough to realize the current lows are NOT an indicator of a repeat of 2022. The macro factors that led to a market downturn then are not present now.
On the contrary, the current ambiguity of TSLA is likely more associated with TSLA's penchant for periods of stagnation between SP launches to orbit.
When in doubt, zoom out.
Then, return you seat back to its full, upright position, stow your tray, and buckle up.
HODL
On the contrary, the current ambiguity of TSLA is likely more associated with TSLA's penchant for periods of stagnation between SP launches to orbit.
When in doubt, zoom out.
Then, return you seat back to its full, upright position, stow your tray, and buckle up.
HODL
Krugerrand
Meow
Can’t possibly be true. I’ve been reading all along the headlights suck. Somebody’s lying.
Musskiah
DisGruntled
There are strong indications Tesla is coming to play in Thailand soon. Problem for BYD is that they don't have a CEO who was prescient enough to make a tank that could sell millions of units a year as a rolling billboard
Tesla Cybertruck landing in Thailand next
The Tesla Cybertruck will be landing in Thailand next. Recent rumors suggest that Tesla might build its next gigafactory in Thailand.
www.google.com
Indeed. And I think I quite clearly argued for why Ross criticizing a company they invest in may benefit his clients / shareholders, whereas I think Musk calling him an idiot benefits no one. I don't want to presume that you think anything Musk does is genius, so feel free to explain how you see Musk's tweet being beneficial.
Any halfwit communications manager could have help Musk craft a more clever answer, if he felt he had to answer that at all. Something like "Ross Gerber is since long an investor in Tesla and I appreciate his input and engagement. While this is not the place to comment on all issues he brings forward, I'd like to point out that Q1 was a particular demanding quarter for almost all car manufacturers, irrespective of strategies chosen." This would make the same point but instead of people feeling that Musk is a douchebag, he would come out as a humble and likeable guy.
I don't understand why so many of you keep defending what is so obviously stupidities from Musk.
Krugerrand
Meow
Meh. People do the same with their ICE vehicles. They get to a certain age or mileage, the vehicle comes out of warranty and they dump it because they’re afraid of the unknown. I’ve bought those kinds of vehicles my whole life for a pittance and run them into the ground over a period of years.
Unless there’s real life factual information that Tesla batteries are suddenly going to croak at a certain point in their life, I’ll keep my Tesla for the duration. If taken care of, an ICE lasts 12-15 yrs on average. I’ve taken care of my Tesla for 6 years so far - you know, tires, one air filter, some wiper fluid and don’t let it sit fully charged nor discharge it to 0 - so I’ll get back to you in 6 more years to let you know how it turned out. I’m eternally hopeful.
Correct, IMHO. I didn't trade the 2013 because of fear, only greed for new features and accessibility.
Krugerrand
Meow
No worries. I’ll report back on real life mountain adventures.
It’s 100% a correct comparison for the Chinese market yup, where BYD operates almost exclusively.
I think we know what Ross believes the board problems are, whether accurate or not, and they are not applicable to the market within which BYD operates almost exclusively.
Can only imagine Ross thinks Tesla is executing as good as can be expected in China and that there’s probably not much else to do in that realm, good luck dealing with the CCP to affect change in their economy or gross overbuilding of EV capacity.
Tesla nearly doubles employment at Musk’s Austin factory in 2023 — San Antonio Express-News
Tesla Inc. nearly doubled employment at its Texas factory in the past year to rival H-E-B as the largest employer in Austin. The Elon Musk-led maker of electric vehicles, batteries and solar panels said it employed 22,777 there at the end of 2023, up from 12,300 a year earlier.
stocks.apple.com
The article also touches on all the Musk businesses expanding in Texas. I’m sick of Elon’s x’ ing about social and political issues, but I suppose I accept that it’s partly aimed at image building in Texas (whose culture I have zero understanding of). Kinda the flip side of CA peer pressure in the opposite direction.
Krugerrand
Meow
So disappointing. The car tried to curb its tire! It should have honked for starters.
2daMoon
Mostly Harmless
After noticing the greenish shade of the chairs this morning I thought someone should bring some coffee to the interns on the market floor before they lose their jobs.
Then, it occurred to me how providing a tiny bit of hope today will make it easier to scare the few remaining weak hands tomorrow when their hopes are dashed and they let fear rule their investment strategy by selling their chairs at bargain basement prices.
What can I say? These playuhs are pros and know how to milk every share possible from those who invest financially on a whim, a hope, and a prayer, but do not invest their time in order to evaluate the company.
Based upon the trading volume of late it would seem that the well of shares from the weak hands may be drying up.
Perhaps it is time to get that bull's attention? Where's the matador with the red cape?
HODL
Then, it occurred to me how providing a tiny bit of hope today will make it easier to scare the few remaining weak hands tomorrow when their hopes are dashed and they let fear rule their investment strategy by selling their chairs at bargain basement prices.
What can I say? These playuhs are pros and know how to milk every share possible from those who invest financially on a whim, a hope, and a prayer, but do not invest their time in order to evaluate the company.
Based upon the trading volume of late it would seem that the well of shares from the weak hands may be drying up.
Perhaps it is time to get that bull's attention? Where's the matador with the red cape?
HODL
You mean the ABS, asset backed securities, bonds against leases that Tesla sold in July of last year? Yeah, completely normal for a company in the automotive business, GM and Ford both sell ABS bonds and have $20B/$40B in cash.
They had taken a break and held on to the assets when the market for them was down for a couple years, and first sold them again in 23Q3...
Krugerrand
Meow
It’s not the right time for Tesla to start another factory construction - clearly given Mexico delay. So glacial pace it is for now.
This is placing the dominos time. We’ve been here before. Patience.
BYD has stated they have no plans to sell cars in America (take it for what it is worth). BYD is not stupid, they read the political news too.With the robo-tax discussion eliminating uber drivers and governments not caring, has there been discussions if BYD starts building cars in Mexico? They can probably undercut on price current EV makers and outside of Made in China hate (which maybe similar to how much Elon hate affects sales), probably hard for buyers if one can get an EV with subsidies for $15k-$20k. This would completely compete with Model 2 sales. Not to mention, everything is made in China already so maybe people won't care if they can get cheap EVs.
BYD Is One Step Closer To Selling Cars In America
China's biggest EV maker is planning to build a factory in North America.carbuzz.com
Did you Tweet this to Elon??
2daMoon
Mostly Harmless
What if people aren't defending Elon, so much as accepting Elon.
Let he who has not recognized Ross as an idiot cast the first stone, eh?
Once I got used to the fact that this is how the man making the world a better place behaves, I find it easy to bear him letting off some steam.
Maybe, this behavior has more to do with why other company leaders aren't as successful than it is a fault for Elon?
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