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

[nativewolf]

Stock jumped 1% when elon said someone is in talks to license FSD. Its Ford isn't it

they seem pretty tight

 

[jkirkwood001]

Elon: "We're putting the 'auto' into 'automobile'"

edit: which came after "like Cathie Wood says, we shouldn't be seen as a car company, we're an AI / autonomy company"
edit: In response to a question about if Tesla can keep up with Chinese competitors being able to imitate a low cost EV.

 

[hobbes]

Finally good sound quality

 

[RichardL]

Everybody is being very cautious with their comments so they are moving right along

 

[M|S|M MYP]

EM even mentioned the 'share buyback'

 

[wipster]

Buy back?

 

[cliff harris]

share buyback mentioned!

 

[CHGolferJim]

Toni Such a nagging analcyst with his typical passive aggressive question to bait Elon and hurt the stock

Calling on him first was kind of funny………SNL………

 

[OrthoSurg]

If these new, more affordable models are coming in the next 6-18 months, why would anyone buy a 3 or Y? And why hasn't Tesla started taking deposits for the new models?

well just bought a new Model Y because I need a car now for my wife to get the kids to the hockey games this year.
Some people might have leases ending soon.

 

[SOULPEDL]

... as an option

 

[Cattledog]

Elon: "We're putting the 'auto' into 'automobile'"

I'm getting nostalgic, Elon has some mojo back, feels like a positively defiant Elon, as in he knows the future and no one else does...

 

[Chunky Jr.]

"Higher sales this year than last year."
1.8M ->2.1M? Calling @Artful Dodger

Not sure if he meant $$$ overall (ie including energy, etc) or number of deliveries

 

[hobbes]

Wow, Elon made me laugh, didn´t expect that ("you briefly grow a tail..")

 

[OrthoSurg]

I take it to mean the "Model 2" has changed, not died. Sounds like it's going to be a mixture of current designs and the unboxed design but built on existing (or modified) M3/MY lines. This utilizes existing infrastructure which will allow the "Model 2" to enter production earlier than they said before, so early to mid 2025 maybe?

Seems like a solid strategy to me, I'm happy to see this in the PDF!

well a cheaper version with bring more sales for sure.

now that the ER is out and SP is stabilized (actually goes up from 145 to 150), I feel a little bit relaxed to post. I personally think that the $25,000 vehicle is not a very good idea, at least using current technology (i.e., battery).
1. For $25,000, the performance of the car will be much lower than Model 3 RW, and mostly importantly, use a small battery and thus a very low range.
2. For some reason Chinese car makers are already able to sell cars in that range, or even lower. I don't see Tesla can take any advantage on that segment (in China) Many Chinese investors are yelling that sell cheap car in China only lower the brand name and image.
3. The initial capital expense is large, but the margin is low.
4. I just learned that even Toyota Corolla SE cost $28000 in Bay Area, CA. If Tesla keep improving the cost of model 3 and can have a 10-ish% margin to sell it at $30000, Model 3 along will be able to dominate the market. I wonder is it possible.

more vehicles on the road, more steady software revenue over time with FSD.
Like Elon said, if you have a great product at a great price, accessible price. This will be a new segment to fill of people unable to afford 40k+ cars.

 

[XPEL FTW]

Elon is putting on a master class.

 

[Mengy]

This is one of the better ER's I've heard from Tesla in all these years. Did they improve the audio quality for this call too?

 

[Chunky Jr.]

I think a lot of people will be returning their pitchforks tomorrow

 

[Quesder]

If this holds up, we'll only be down 30% for 2024!!

if this holds, tomorrow could have a short squeeze, although I think $180 is not reasonable.

 

[anthonyj]

Mommy?

 

[Chunky Jr.]

I wonder how much of the after hours is people realizing that this quarter wasn't the disaster that was feared, so TSLA probably won't be going lower, vs anything in particular in the report or call that they are excited about. I'm guessing more of the former.