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

[schonelucht]

Tesla advertises by getting in the news. The top headlines bleed, but that is understood. Nevertheless this will give Tesla a megaphone to proclaim that unlike those outside supplier produced panels installed years ago by an independent SolarCity, Tesla is now manufacturing its own safe solar panels and beautiful roofs.

That would be an insane message. "Hey, we used to install fire hazards but don't worry, what we will install going forward is ok". How is that not opening your business to follow up claims from home-owners with such older installation to get rid of these things (at the very least)?

No, should it be really true that the Walmart case has merit and really true that SolarCity's installations didn't follow electrical code/relevant regulations and really so that documentation generated by SolarCity on their former installations is not trustworthy, how could you not have a responsibility as the owner of SolarCity to review practices on all the other of your former installations? Juridically but also morally? Is it conscionable to let people live in homes that are at an avoidable, known and increased fire risk?

 

[brian45011]

We're the WMT installations bundled in a VIE?

These kind of contractual disputes are often settled by offering deep discounts on future purchases of the Defendant's products

ie Semis not more solar

 

[StarFoxisDown!]

We're the WMT installations bundled in a VIE?

These kind of contractual disputes are often settled by offering deep discounts on future purchases of the Defendant's products

Considering the fact that Tesla's Semi would save Walmart a ton of money, I actually think Walmart has no leverage to get discounts on future products, especially the Semi. Tesla has plenty of orders for its Semi and those orders will grow dramatically when the Semi is actually in production. Walmart would be at a disadvantage if its competitors were all using the Tesla Semi and Walmart wasn't because Walmart cancelled their Semi orders. Walmart's best outcome is to get reimbursed for the faulty/damaged solar installations and have Tesla remove the other solar installations.

 

[SPadival]

The empty building shell? That's possible, but not very relevant to Tesla's economics.

First, they called it a “muddy field” that won’t amount to much. Then there were “building cranes” for show during the groundbreaking (They were actually pile drivers - shows the amount of knowledge the shorts possess)

Now, it’s an “empty building shell” when it’s clearly not. There are photos in the 8K of robots, stamping machines and also third party verification by soylentbrown on Twitter

 

[schonelucht]

If it turns out that this lawsuit is designed primarily to be bad publicity for Tesla moreso than a reasonable way to resolve a business disagreement then I think a boycott of Walmart is in order.

Walmart is big oil now?

 

[Mars ☰mperor]

Tesla Daily on Twitter

The Tesla community is the best.

 

[StealthP3D]

lon in the early days of the Model S (which he replied to and changed a company policy as a result of).

Walmart is big oil now?

If you think big oil is the only industry threatened by the kind of disruption Tesla is bringing then you haven't been paying attention.

Ever been to the auto parts section of a Walmart?

And if you think the Walton fortune is limited to their ownership of Walmart shares you've got another think coming.

In fact, your comment makes me wonder why you wrote it. Sheesh...

 

[ZeApelido]

Amazing fanboi mental skewing the last 5 or so pages.

1. 4-8 week delay in Advanced Summon

Fanboi - No biggie still time to recognize FSD revenue in Q3!

Actual - 2018 wants their Advanced Summon due dates back

2. Solar panel fires

Fanboi - This is actually great news, people will actually buy more solar panels from Tesla because of Walmart hate!

Actual - Stock probably gonna hit 3 year lows.

Amazing mental work guys.

 

[SPadival]

If it turns out that this lawsuit is designed primarily to be bad publicity for Tesla moreso than a reasonable way to resolve a business disagreement then I think a boycott of Walmart is in order.

It looked a little suss to me when I found out that the Environmental Defence Fund was involved in the original deal. EDF is a AstroTurf corporate shill pretending to be environmentalists aka Professional greenwashers

from wiki (there’s more)

EDF sees natural gas as a way to quickly replace coal, with the idea that gas in time will be replaced by renewable energy.[143] The organization presses for stricter environmental controls on gas drilling and hydraulic fracturing, without banning them.[144]In November 2013, after negotiations with the oil industry, EDF representatives joined spokesmen for Anadarko Petroleum, Noble Energy, and Encana, to endorse Colorado governor John Hickenlooper's proposed tighter regulation of emissions of volatile organic compounds by oil and gas production.[145]EDF has funded studies jointly with the petroleum industry on the environmental effects of natural gas production. The policy has been criticized by some environmentalists.[146]

 

[sparcs]

2. Solar panel fires

Actual - Stock probably gonna hit 3 year lows.

Because of some legacy SolarCity issues? Sounds like a pretty big exaggeration when so much of Tesla's valuation is built on their ability to produce vehicles. Not solar or even storage.

The panels weren't even made or installed by Tesla. All inherited drama from SolarCity.

GF2 has nothing to do with these issues either so it doesn't even technically affect Tesla's current solar ramp. Except the potential for some FUD.

 

[Thekiwi]

Amazing fanboi mental skewing the last 5 or so pages.

1. 4-8 week delay in Advanced Summon

Fanboi - No biggie still time to recognize FSD revenue in Q3!

Actual - 2018 wants their Advanced Summon due dates back

2. Solar panel fires

Fanboi - This is actually great news, people will actually buy more solar panels from Tesla because of Walmart hate!

Actual - Stock probably gonna hit 3 year lows.

Amazing mental work guys.

Disagree on the former, agree on the latter.

the Walmart suit is definitely a massive etron in the punch bowl.

will every commercial solar city install have to be looked at? Expect a flood of other similar complaints now when others find out they have the same model? The sooner Tesla issues a public statement on it the better.

 

[StealthP3D]

It’s the fact that we don’t have Tesla side or a balanced reporting on this, along with the long history of outright bias reporting on Tesla that I have concern with how reactions at the moment are playing out.

We have the history of Tesla solar performance and it’s not indicate of this being common. I’m talking over 13 years of the companies existence.

Very reasonable points.

We know that Walmart solar installs were but a tiny fraction of all installs. If there was a problem, why are hearing about 7 fires on Walmart roofs and not a peep about fires on other installs that greatly outnumber the Walmart installs?

Something smells more than a little fishy here.

 

[StealthP3D]

the Walmart suit is definitely a massive etron in the punch bowl.

I assume "a massive etron in the punch bowl" means you think this lawsuit is a big deal?

I read a lot of funny stuff here but that takes the cake!

 

[kengchang]

Amazing fanboi mental skewing the last 5 or so pages.

1. 4-8 week delay in Advanced Summon

Fanboi - No biggie still time to recognize FSD revenue in Q3!

Actual - 2018 wants their Advanced Summon due dates back

2. Solar panel fires

Fanboi - This is actually great news, people will actually buy more solar panels from Tesla because of Walmart hate!

Actual - Stock probably gonna hit 3 year lows.

Amazing mental work guys.

Lol, exaggerate much? If Model S catching fire didn't do it, then solar fire would not even have a chance.

 

[kengchang]

New permits

F19-0017-B - Create a new loading dock to serve the BIW 5 line with 12 dock positions.

F19- 0033 - Install 24 super chargers behind South Paint. New asphalt pavement, provide site lighting and power to equipment and structural anchorage and equipment pad details.

FSP2020-00085: Installation of new in rack fire sprinklers at SX warehouse.

 

[Antares Nebula]

Uhh, don't go down that rabbit hole. Where did the energy for nuclear fusion come from? From whence did it all begin? A quantum fluctuation that triggered the big bang. A random accident of energy from nothing. Conservation of energy — what's that? The honey badger that is quantum mechanics don't care about such man-made notions.

 

[Nate the Great]

It looks like earnings would be approximately 10/25/2019.

I am thinking that the reveal for the truck would be before that date.

 

[deffu]

here is the link to the New York Court filing on the Walmart case;
https://iapps.courts.state.ny.us/nyscef/ViewDocument?docIndex=StdeBugjM7qmav_PLUS_2QSsHmQ==

 

[Foghat]

Very reasonable points.

We know that Walmart solar installs were but a tiny fraction of all installs. If there was a problem, why are hearing about 7 fires on Walmart roofs and not a peep about fires on other installs that greatly outnumber the Walmart installs?

Something smells more than a little fishy here.

It is interesting that in the lawsuit they mention solarcity acquisition as a bailout of a “flailing” company and then proceed to attack the company as incompetent... this seems very extraneous conjecture to the actual issue at hand with the specific fires claims.

Also, these fires happened 2 years after the acquisition of solarcity. Also, at the time of the acquisition, solarcity was the #1 residential and commercial installer in the nation with a top Business Bureau rating. Far from flailing in the solar industry, so Walmart accusations are suspect with this line of argument.

Again, Tesla should get a chance to defend itself against these claims. We’re pretty handicapped with only one side of the story, which is what haters of Tesla love right now, being able to dig into Tesla and push the accusation mill onto the investing/buying public.

 

[Foghat]

Sorry but minimizing this is just wrong. Just 1.5% of installs? They caught fire.

Tesla has de-energized 240 wallmart installations. Solar city continues to be the gift that keeps on giving.

I am not sure what the worst part is, the fires or Tesla not taking care of them. This should not have been a lawsuit. Tesla should have paid out or got insurance to do it. Walmart does not even appear to be asking for anything but actual damage.

They should have gone into red alert mode at some point and paid to redo these installs properly before it turned into 7 fires.

You need to be clear that Tesla deenergized at the request of Walmart. Unfortunately, we don’t have the Tesla side of the story to give greater context or rebuttal.