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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
When Tesla start to apply permits for importing MIC Model 3 into US, someone will make sure whoever want Fremont to shut will shut themselves.
Last edited:
Krugerrand
Meow
woodisgood
Optimustic Pessimist
LOL we’re due for a girl any day now and I suggested Covidia like 10 minutes before reading your post. Great minds think alike. So do great wives I guess!
willow_hiller
Well-Known Member
I was wishing for this as well at one point, but then I realized it could potentially really harm people who depend upon the market for regular income.
How many retirees still have the bulk of their pensions and 401Ks invested in some asset traded on the market? How will disbursements be made from those retirement accounts if assets aren't allowed to be sold?
Banning the initiation of new short positions, on the other hand, probably wouldn't actively harm anyone and could help mollify the market.
A few have mentioned closing the market to stop the bleeding, but I wonder how they are doing social distancing on the trading floor on Wall Street? I don't know anything about how that works. Could the market close because of the virus, or can all trading be done remotely?
Artful Dodger
"Neko no me"
They went to all electronic trading yesterday.
NYSE to temporarily close floor, move to electronic trading after positive coronavirus tests
Slightly OT, just on the hypothetical discussion we had about Tesla building a new GA yesterday..
I've had one additional thought, they could use something like a Boring Co sled to move cars between stations, they may be able to re-purpose older AP1 Model S/X for this purpose...
So now all you need is a tent, and a bunch of sleds, that is your line, that you can quickly move anywhere...
This is not something I'm expecting them to do now, but it is interesting if this concept is the future of production lines, and I think I saw something like it once. I think it was a European car factory... but my memory is hazy...
I've had one additional thought, they could use something like a Boring Co sled to move cars between stations, they may be able to re-purpose older AP1 Model S/X for this purpose...
So now all you need is a tent, and a bunch of sleds, that is your line, that you can quickly move anywhere...
This is not something I'm expecting them to do now, but it is interesting if this concept is the future of production lines, and I think I saw something like it once. I think it was a European car factory... but my memory is hazy...
Don't think it'll matter. Tesla is using the federal guidelines that count auto manufactures as essential business to national security(just in case they need to use them to make tanks, or hey ventilators..lol). So they have considered them exempt. The closure seems to be a decision from Tesla and not from the government.
Pras
Member
The state order is clearer that it exempts the critical infrastructure which includes vehicle manufacturing. This means Fremont was arm twisting unnecessarily.
“
The California State Public Health Officer and Director of the California Department of Public Health is ordering all individuals living in the State of California to stay home or at their place of residence except as needed to follow the federal critical infrastructure sectors.”
Critical Manufacturing Sector | CISA
“
The California State Public Health Officer and Director of the California Department of Public Health is ordering all individuals living in the State of California to stay home or at their place of residence except as needed to follow the federal critical infrastructure sectors.”
Critical Manufacturing Sector | CISA
Come on, let's have a civil discussion. Do we really think the environment is the same as when they did a capital raise? I'm not shorting, I just have a believe that the disruption to the markets and our society is going to be several months.
Btw, how's that 18% doing after hours?
I'm so confused at this point. The state order clearly states vehicle production is exempt so Tesla could start production again whenever they want. The state order has to override any city/county order, right? This is just confusing now.
Probably a lot of fake news drama stirred up by shorts, getting all those people involved when Tesla knew they were considered to be essential. Even their closure letter sounded like the government allowed them to operate but they felt it was best for the safety of their workers in certain challenging areas.
Good news is they can open whenever they want since they are not under any federal restriction.
Yea hopefully they close for 2 weeks to comply with current county order then open up shop again.
They need to figure out a better way to get employees to the factory. Packing people into shuttles is not going to work.
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