Tell us how you really feel about Tesla.
Please delete this post, doxxing is not cool.
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Tell us how you really feel about Tesla.
Nope, it means they are about to raise again. With Fremont closed till June they'll burn through billions. Demand could also drop over next 3-4 Q's leading to a cash crunch
I presume @Krugerrand has already purchased a dozen
Or he’s just reminding everyone it’s hurting all the small business owners, this includes physicians as well as mom and pop businesses all around the US.Elon knows this shutdown is hurting him and his rant proves it.
"Elon Musk: Coronavirus shelter-in-place is 'fascist' and 'breaking people's freedoms'"
Elon knows this shutdown is hurting him and his rant proves it.
"Elon Musk: Coronavirus shelter-in-place is 'fascist' and 'breaking people's freedoms'"
Or he’s just reminding everyone it’s hurting all the small business owners, this includes physicians as well as mom and pop businesses all around the US.
This is 10x worse than 2018 im afraid. Look at unemployment numbers. Tesla just scraped a profit in Q1 which was largely before Covid struck and mainly due to credits and that was with full demand. It's doubtful they will make another profit until things return to normal which which is probably 2022.
Semi being pushed back to 2021 (could be being conservative here given COVID), but I wish they added more color as to why-- I'm sure it's due to cell constraint because of anticipated demand but we'll see
I am not certain because we have poor visibility, but if you're incorrect it is because FCA had plans to sell more BEV's this year than they will because their new model introduction plans have been hampered. The new 500e and a handful of others were thought to be significant contributors this year but are being delayed in the best case by losing a couple quarters. Thinking back to when they made the deal, FCA thought they could ramp up BEV's quickly. They also had hopes of symbiotic deals such as PSA, which optimistically was imagined to be a major benefit.I'm not sure if the credits will increase if FCA sells less. That would be true if FCA sells less EVs, but they were hardly selling any up to now. If they sell less ICEs, which will certainly be the case in Q2, they will have less need for compensation through Tesla's EVs. Or is there a flaw in my reasoning?
Nope, it means they are about to raise again. With Fremont closed till June they'll burn through billions. Demand could also drop over next 3-4 Q's leading to a cash crunch
New York Times has the same headline haha
Tesla will be less than $100 by summer. The obvious move is to liquidate now and buy back when things look better.
I'd say it's pretty obvious that a shutdown is bad for business. Did it take him saying fascist for that to be apparent? Is there anyone in the nation that thinks the shutdown is good for their business?
I think his word choice was stupid, but this is Elon. He's not the diplomatic type.
Please either think or stop! You cannot possibly be so naive to believe the stuff you're spouting. Some pessimism can be justified but skipping that facts cannot.The longer the factory is shut the more cash that's burned, they can make cutbacks but they still need to pay suppliers for all the parts they've used. Accounts payable is $4 billion and $2 billion is tied up in China so even if they burn $1 billion they are very close to the line. Remember companies don't just wait to cash goes to $0 to raise they need to have a decent cushion which is why I think they raise within weeks.
I assume it was because battery production isn't there yet but that's possible.Speculative but one reason for pushing the Semi to 2021 may be that they plan to produce it at the new GF (in Texas or wherever).
How can you not tell this is a troll?Please either think or stop! You cannot possibly be so naive to believe the stuff you're spouting. Some pessimism can be justified but skipping that facts cannot.