I believe they said volume production by late 2020, not start of production.
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
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I believe they said volume production by late 2020, not start of production.
Krugerrand
Meow
For the record, I was not shocked. But then as a cat, not a bear or bull, that would come as no surprise.
Krugerrand
Meow
You lose 500 because you did not post that in the form of a question. Jeopardy rules.
Doggydogworld
Active Member
Anton's article is coming tomorrow - Q3 Model 3 sales in Norway down 81% vs. Q2
More like Tesla sales plummeted 80% in July vs June. DEMAND CLIFFFFFFF!!!!111
Only thing I can think of is a true $35k model 3? Or this supplier is taking over the output of a different supplier
Captkerosene
Member
Just to be the contrarian (and realist): Q1 results were released early as well, and that didn't work out so well.
That was very bullish!!
LoL
Reality is no one knows.
Only thing I can think of is a true $35k model 3? Or this supplier is taking over the output of a different supplier
I am in camp of believing in true Base model 3 is yet to be released.
Damn...tough crowd.
The source : Gut Fauna
And the alt-text : I know it seems unpleasant, but of the two ways we typically transfer them, I promise this is the one you want.
Yes, yes they were...
If news is very bad or very good, you want to get it out sooner. Based on the 95k deliveries, ramp up in China, Maxwell hints, ordering extra parts, and increasing orders, my spidey sense says it isn't very bad news.
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Artful Dodger
"Neko no me"
No, the intraday high on July 3rd was $241.57 (reached soon after the Open). According to NASDAQ, the 1-min VWAP was above $240.00 only for two minutes on July 3rd, 09:31 and 09:33
Alternatively today's high was $240.50 reached around 12:40 EDT, followed by a selloff.
But the good news here is TSLA is trending up, and will likely at least hold the price peak reached after the P&D Report going into the Earnings Letter and Conference Call.
Positive FCF should lock in the SP, while Profits should send the SP up (expect Shortez to lie about both).
Cheers!
As soon as Elon invents the Transporter Tesla won't have this problem. Of course then he'll invent the Replicator and we can have our cars and lunch too!
Not sure what you define “true base” to be. But I think they will have a configurable base $35k (without having to go through hoops) within next 6-12 months.
Tesla has a history of changing prices and/or options that offset effective price increases due to decrease in the tax credit. Not sure whether intentional or coincidental, though.
Edit: Tesla car prices continue to decrease over time. For example, a highly optioned P100D S/X right now cost about the same as a lightly optioned 90D S/X did less than three years ago. Unlike other car brands, and just like any major household tech product, I’ve learned that being one of the first to buy a new Tesla model is much more expensive than even waiting a year or so. Also, look at how much the price of the model 3 dropped since they first came out. P3D is now >$10K cheaper than in the beginning. I saw someone here bought a ~$150K pre-Raven new inventory car for $80K after inventory and ludicrous discounts during the recent end of the quarter rush.
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I've seen no evidence that Elon does that, just several outsiders asserting that he does.
I agree. But my point was not: he landed rockets, therefore Full Self-Driving.
My point is Elon does not make wild promises, contrary to FUD-based conventional wisdom. If you listen to his complete quotes, not just soundbites out of context, he qualifies his estimates and says when he is uncertain. He did not know that a Model X supplier would fail to deliver their contracted falcon-wing door mechanism. He did not expect Tesla's dispute with Mobileye, or that Panasonic would fail to deliver their contracted 35 Gwh of battery cells. But I remember him saying in an earnings call (paraphrasing): We're targeting July 1 and see no obstacles right now. There probably will be some, but If I knew them, I would address them.
So his estimated timelines were off by what... a year? But Model X is on the road. Model 3 is above 6k produced per week and headed higher according to Jerome. Elon slept on the factory floor until he got it done.
About reusable rockets, he said: I don't know if we can do it, but we're going to try.
About FSD, he says: I know we can do it.
ARK Invest thinks Elon's timeline for FSD is off by a year, based on his history with timelines. That sounds reasonable to me. Ten years or never does not.
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Carl Raymond
Active Member
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