It's like Tesla has offered the second opportunity to provide a breath of fresh air.
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
About two weeks if I recall correctly
RobStark
Well-Known Member
SunCatcher
Member
Tesla Super Ventilator! If they can make something as sophisticated as the Superbottle (or heck, any of the cars they make) they can certainly make a superior ventilator as well. Bring it!
The Breathing Company. LOL!
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It's like Tesla has offered the second opportunity to provide a breath of fresh air.
If Tesla does produce ventilators, I'm sure everyone here understands that it would make the Tesla factory an 'essential service'.
Of course, teslaq would take the cynical view, just like they did with the cave episode. Let them. It's who we are, and it if works to further our mission, that's not a bad thing.
California Governor just announced that more than 50% of California population could be infected within 8 weeks.
I doubt Tesla will be reopening the factory anytime soon, but that's ok - they have the resources (and Shanghai) to see them through this disruption.
Q2 results are probably already considered a disaster - its possible they won't be able to ship many, if any, cars to Europe in time for them to be sold in Q2. I think we should at the least expect a few weeks less of European product available in Q2 for delivery, and anything more will be a bonus.
It's possible in an extended shutdown worst case scenario, Shanghai eventually is able to start delivering LR/P model 3s to Europe & US (with GF1 LR packs). It's great that Tesla now has the 2nd factory as an option for global supply if needed.
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Would be great If Tesla could get thousands of factory employees retrained quickly to go out and massively expand Supercharger network over the next month.
Ameliorate
Member
They are already an essential service as they deemed in their letter.
"In the past few days, we have met with local, state and federal officials. We have followed and are continuing to follow all legal directions and safety guidelines with respect to the operations of our facilities, and have honored the Federal Government’s direction to continue operating. Despite taking all known health precautions, continued operations in certain locations has caused challenges for our employees, their families and our suppliers."
In no way does the letter state the county is forcing them to shut down, or do anything for any amount of time. In fact they ought to be running as per the feds, but they can't because of what sounds like supply chain disruption and or lack of employees.
PS back to 408 and futures are -1% roughly so not so bad at all currently.
That's what concerns me the most as well, but there are some big differences between the cave debacle. First, Elon was under a huge amount of both fiscal, physical, and mental stress then. Someone reached out to him and he had an idea about the minisub that might have worked, then that asshole Unsworth got under his skin and he tweeted more than he should have. Twitter is like copying the world on an email when you really meant to just address it to a single person or group (I have done that several times back in the old days and seriously regretted it... finally learned my lesson I hope). This time is different though as Tesla et al is now a proven and recognized success and not only does he speak from a position of power and confidence, he also seems to listen to people around him before he makes substantial offers like this. Making needed ventilators is not just a one shot deal and would be a huge marketing tool while helping America and the world climb out of this pandemic crisis.
That said, he really needs to be careful about what gets out over Twitter and leaked communications. Under promise and over deliver. And don't let assholes like Unsworth get under his skin. If he can do that, we won't experience the Ventilator Blues and it will be a Pareto optimal experience for all!
I had that exact same discussion in 2009 and nothing happened.
Worth watching. Its eye opening for most. The crisis is the one think but with funds leveraged up to 15 times its no winders that markets go down like not tomorrow. Will ever anybody put rule in place that are fair for all kinds of investors?
I'm not optimistic about it.
Watch CNBC's full interview with Social Capital CEO Chamath Palihapitiya
Worth watching. Its eye opening for most. The crisis is the one think but with funds leveraged up to 15 times its no winders that markets go down like not tomorrow. Will ever anybody put rule in place that are fair for all kinds of investors?
I'm not optimistic about it.
Watch CNBC's full interview with Social Capital CEO Chamath Palihapitiya
Yes, correct. There has never been any credible doubt about Tesla being an essential service.
Unfortunately, being certain of that fact requires more complex understanding than much of the population possesses. On the other hand, ventilators are more widely understood to be essential in this time of crisis. Perceptions are important.
SP can shoot up by 20% if that happens, as many shortz will be scrambling to cover
Pras
Member
NYC mayor tests Elon Musk's offer to make ventilators during the coronavirus crisis
Get ready for another state of production hell.
This one could be a win, win, win...
Get ready for another state of production hell.
This one could be a win, win, win...
For whatever it's worth... Tesla's deliveries here in Iceland continue like gangbusters. 234 registrations so far this quarter. About to pass VW as the #2 highest auto sales in Iceland:
Tölfræði
Might possibly pass Toyota to become #1 by the end of the year. We're not talking about "Model 3 as the #1 selling vehicle" - we're talking higher than all their vehicles combined.
Tölfræði
Might possibly pass Toyota to become #1 by the end of the year. We're not talking about "Model 3 as the #1 selling vehicle" - we're talking higher than all their vehicles combined.
That's what Shortz wish to spread, just like coronavirus -- vicious
myt-e-s-l-a
Member
Tesla 8-K Form filed today
Tesla Operational Update
In the past few days, we have met with local, state and federal officials. We have followed and are continuing to follow all legal directions and safety guidelines with respect the operations of our facilities, and have honored the Federal Government’s direction to continue operating. Despite taking all known health precautions, continued operations in certain locations has caused challenges for our employees, their families and our suppliers.
As such, we have decided to temporarily suspend production at our factory in Fremont, from end of day March 23, which will allow an orderly shutdown. Basic operations will continue in order to support our vehicle and energy service operations and charging infrastructure, as directed by the local, state and federal authorities. Our factory in New York will temporarily suspend production as well, except for those parts and supplies necessary for service, infrastructure and critical supply chains. Operations of our others facilities will continue, including Nevada and our service and Supercharging network.
In many locations, we are in the process of implementing “touchless deliveries” so customers can continue to take delivery of their vehicle in a seamless and safe way. Due to the unique over-the-air connectivity of our vehicles, customers are able to unlock their new cars at a delivery parking lot via the Tesla App, sign any remaining relevant paperwork that has been placed in their car, and return that paperwork to an on-site drop-off location prior to leaving. This method provides additional convenience and comfort.
Our cash position at the end of Q4 2019 was $6.3B before our recent $2.3B capital raise. We believe this level of liquidity is sufficient to successfully navigate an extended period of uncertainty. At the end of Q4 2019, we had available credit lines worth approximately $3B including working capital lines for all regions as well as financing for the expansion of our Shanghai factory.
Forward-Looking Statements
Certain statements herein, including statements regarding the extent and timing of our production and other operations, and our liquidity, are “forward-looking statements” that are subject to risks and uncertainties. These forward-looking statements are based on management’s current expectations. Various important factors could cause actual results to differ materially, including the risks identified in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2019. Tesla disclaims any obligation to update this information.
Tesla Operational Update
In the past few days, we have met with local, state and federal officials. We have followed and are continuing to follow all legal directions and safety guidelines with respect the operations of our facilities, and have honored the Federal Government’s direction to continue operating. Despite taking all known health precautions, continued operations in certain locations has caused challenges for our employees, their families and our suppliers.
As such, we have decided to temporarily suspend production at our factory in Fremont, from end of day March 23, which will allow an orderly shutdown. Basic operations will continue in order to support our vehicle and energy service operations and charging infrastructure, as directed by the local, state and federal authorities. Our factory in New York will temporarily suspend production as well, except for those parts and supplies necessary for service, infrastructure and critical supply chains. Operations of our others facilities will continue, including Nevada and our service and Supercharging network.
In many locations, we are in the process of implementing “touchless deliveries” so customers can continue to take delivery of their vehicle in a seamless and safe way. Due to the unique over-the-air connectivity of our vehicles, customers are able to unlock their new cars at a delivery parking lot via the Tesla App, sign any remaining relevant paperwork that has been placed in their car, and return that paperwork to an on-site drop-off location prior to leaving. This method provides additional convenience and comfort.
Our cash position at the end of Q4 2019 was $6.3B before our recent $2.3B capital raise. We believe this level of liquidity is sufficient to successfully navigate an extended period of uncertainty. At the end of Q4 2019, we had available credit lines worth approximately $3B including working capital lines for all regions as well as financing for the expansion of our Shanghai factory.
Forward-Looking Statements
Certain statements herein, including statements regarding the extent and timing of our production and other operations, and our liquidity, are “forward-looking statements” that are subject to risks and uncertainties. These forward-looking statements are based on management’s current expectations. Various important factors could cause actual results to differ materially, including the risks identified in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2019. Tesla disclaims any obligation to update this information.
50% if people are stll going to bars, casinos, clubs, theaters and other social gatherings. But this is no the case. And don't forget that most cases are asymptomatic and mild.
I have a son being born into this craziness... Due May 11,. I proposed to my wife we name him Covid. She was not a fan of the idea.
As far as I can tell from the local group, deliveries are going just fine.
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