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

[SageBrush]

In Europe - Ford, VW, Daimler, and BMW created a joint charging network - Ionity. But they they are charging three times as much per KWh as Tesla’s superchargers!

Uggh.
Please do not fight FUD with FUD. The high per kWh Ionity fee can be that high ... for outsiders like Tesla owners. Car owners from the manufacturers that are members of the network pay ~ 30 Euro cents a kWh

 

[CorneliusXX]

Additionally, articles from the mainstream media can be used to bolster our case that we are more of a religion than a business.

These sacred texts shall be known as ad hymninems.

 

[Nocturnal]

Tasha making a case for Autonomous Driving tech owners to make ride hailing market bigger than even the auto market itself:

Tasha Keeney on Twitter

Americans spend about $9k a year on average for cars, gas, repairs and insurance. Mean income per capita is just over $50k.

I often hear "Americans will never give up their cars! I want my own car, I'll never share!". People may think that, but when you have a nation where the median family has $5k or less in retirement savings (mean is $90k), median total savings of $11k, (mean $175k) it's hard to imagine that a great many would not embrace far cheaper autonomous ride sharing.

And of course that's an American centric viewpoint. I believe most of the rest of the world will be far more amenable to sharing.

Special bonus on that tweet. That Luis Cruthers teslaq guy is going on about the stolen material conspiracy at Freemont. Right. Elon is worth billions and has spent his time facilitating the theft of 37 million in copper wiring. F-ing morons.

 

[tinm]

And it was a damn hard decision to make at the time, not going with dealers. With the Roadster, Tesla was selling hundreds of cars a year. It would have been far cheaper to partner with a dealership franchise for them to service and support their cars. Building out a service network was nuts.

Rivian is initially planning on selling almost 10x the volume that Tesla initially had, and they've raised way more money than Tesla did, and even they are going to partner with dealers for service and support.

Elon never makes the easy decision, he makes the correct one.

It wasn’t just Elon. The founding CEO, Martin Eberhard, was actively researching franchise laws and dealership business models and they were decided on the sell/service direct model while he was still CEO.

Elon Musk has a healthy reality distortion field but an even more robust history distortion field. Resist falling under that spell.

 

[dw4ngg]

Going from options to just holding stock and LEAPs takes some psychological adjustment - that's what I've learned today.

The extreme volatility and amplified gains the last couple months have spoiled us......

I have to relearn to just hold again without trying to using ST options to play swings. Patience is a virtue, they say.

Also, I think it's time to treat myself to a gift. Is it blasphemy to use TSLA gains to buy my dream ICE weekend car (a 911 4S - I love driving manual)?… I will still be using a Model 3 as my daily

 

[SageBrush]

Mean income per capita is just over $50k.

Reference ?

My somewhat vague memory is ~ $65k household as the median. Mean numbers are heavily skewed by the top 0.1%

Addendum: Google Search

 

[SageBrush]

. Is it blasphemy to use TSLA gains to buy my dream ICE weekend car (a 911)…

Expect buyers remorse. Get a Roadster 2.0

 

[Nocturnal]

Reference ?

My somewhat vague memory is ~ $65k household as the median. Mean numbers are heavily skewed by the top 0.1%

Americans' Incomes Have Been Falling Since the 1990s

I just grabbed a random source as the exact number doesn't matter for the argument. Those were 2018 numbers. 65k is the household mean most likely.

Going from options to just holding stock and LEAPs takes some psychological adjustment - that's what I've learned today.

The extreme volatility and amplified gains the last couple months have spoiled us......

I have to relearn to just hold again without trying to using ST options to play swings. Patience is a virtue, they say.

Also, I think it's time to treat myself to a gift. Is it blasphemy to use TSLA gains to buy my dream ICE weekend car (a 911 4S - I love driving manual)?… I will still be using a Model 3 as my daily

For sure. Now I see a 10% increase in SP and my needle doesn't seem to move. Boring! Ha. ​

 

[hobbes]

Uggh.
Please do not fight FUD with FUD. The high per kWh Ionity fee can be that high ... for outsiders like Tesla owners. Car owners from the manufacturers that are members of the network pay ~ 30 Euro cents a kWh

Not even all outsiders have to pay 79cent/kWh, you can still get contracts that give you roaming at Ionity for about as cheap as Tesla superchargers. Also, Ionity often offers faster charge rates. Ionity ändert Preismodell – auf 79 Cent pro kWh - electrive.net

 

[GaryW]

@ReflexFunds thanks for the high level summary I’m in agreement on almost all points. But in your old post under ICE OEM handicaps you say “EVs only share 10%-20% of components and production process with ICEs”. That’s too low for a complete car. But it is challenging to communicate because Tesla is innovating in these areas despite the fact they are common elements to ice cars.

Body frame, body panels, paint, glass, interior, wiring, suspension, tires & wheels, friction brakes, steering wheel, infotainment system, autonomy & safety systems all common to cars no matter the power plant. EV changes drivetrain, drivetrain control system, and hvac. Adds regen brakes. Deletes alternator and potentially low voltage electrical system. So majority of components and production processes are shared though the optimization for components does shift to lightweight / aerodynamic ones due to current battery tech for energy density and cost.

I think most car manufacturers would disagree, if you ask the question right. They will tell you the hundreds to thousands of parts in the engine complex and the transmission are the important bits of a car. That’s why they outsource almost all of the rest.

 

[CanadaEV]

I haven't checked back too far, but I'm surprised there hasn't been more discussion today about Electrek's article on Tesla's pilot cell manufacturing plans for Fremont and GF4: Tesla is building a pilot battery cell manufacturing line in Fremont - getting into the cell business - Electrek

Most here are anticipating the April Investor Battery day, now apparently re-named the April Company Talk.

I think this could well be the most compelling event of the year for Tesla, and, besides the 'machine-that-builds-the-machine' ramp up currently underway in GF3 and GF4, the most serious inflection point for the entire auto industry as well as the energy storage industry.

 

[Kenypowa]

Uggh.
Please do not fight FUD with FUD. The high per kWh Ionity fee can be that high ... for outsiders like Tesla owners. Car owners from the manufacturers that are members of the network pay ~ 30 Euro cents a kWh

Right, but there is an 18 euro subscription fee every month and minimum contract term is 12 months. You are already paying 215 euro just for the privileged to be able to use Ionity chargers at 31 cents/kwh.

Tarife - Audi DE - DCS

 

[Zaxxon]

OT; too many SpaceX fans in this thread not to mention it here...

Spoiler: SpaceX brings on NASA’s former top spaceflight official as it prepares to launch first astronauts

SpaceX brings on NASA's former top spaceflight official as it prepares to launch first astronauts

This is a big f'n deal for SpaceX. I'll let Eric Berger explain the why...

William Gerstenmaier joins SpaceX, and that’s a really big deal

Dedicated thread here.

 

[dw4ngg]

Expect buyers remorse. Get a Roadster 2.0

Hedging any potential buyer's remorse by buying 4-5 yrs used... depreciation will already have taken its toll.. don't expect to lose more than 10-15k over 2 yrs.

 

[Singuy]

How China built a hospital in 10 days. Same company that built Tesla Shanghia Gigafactory. Absolutely incredible.

TLDR: Government owned construction company treats construction like a product. Manufacturing modular pieces of the building offsite and then have workers piece them together at the build site.

First principle thinking was definitely applied to this way of building and Elon would be proud.

 

[traxila]

Is it just me, or do the macros suddenly look sickly to you?

I am getting the feeling that some profit taking is due.... and I have absolutely no idea how this will affect TSLA. Of course, wholesale selling is wholesale selling....

Anyone else seeing this? Rally looking gassed all of a sudden.

BTW, based on my post you should probably go all in on calls at the QQQ.

EDIT: Sorry missed the FTC news. Guess that explains it. Anyone for another ATH tomorrow?

 

[adiggs]

Expect buyers remorse. Get a Roadster 2.0

Or an original Roadster! Though in fairness (and I say this as an original Roadster owner and lover of the car) - it's a lot of fun to drive, but I suspect the 911 is a better "driver's car" by a mile.

Nonetheless, there are original Roadsters for sale reasonably often and NOTHING turns heads going through a school zone or the grocery store parking lot like the original Roadster. just sayin'

 

[Kuhz]

The battle of green vs. red is in full swing

 

[Kuhz]

Going from options to just holding stock and LEAPs takes some psychological adjustment - that's what I've learned today.

The extreme volatility and amplified gains the last couple months have spoiled us......

I have to relearn to just hold again without trying to using ST options to play swings. Patience is a virtue, they say.

Also, I think it's time to treat myself to a gift. Is it blasphemy to use TSLA gains to buy my dream ICE weekend car (a 911 4S - I love driving manual)?… I will still be using a Model 3 as my daily

Do it. It’s a great car and in the end if it makes you happy, the rest is just numbers

 

[JustMe]

Uggh.
Please do not fight FUD with FUD. The high per kWh Ionity fee can be that high ... for outsiders like Tesla owners. Car owners from the manufacturers that are members of the network pay ~ 30 Euro cents a kWh

Thank you for the correction! Now I’ll give myself 30 lashings with a wet noodle