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

[UncaNed]

BTW, why would any average consumer subscribe to Consumer Reports?
The internet is full of free and excellent info.

And the items they evaluate are usually not the same models you'll find for sale, so it's not been very helpful when you really need advice for shopping decisions.

 

[Fact Checking]

Any potential buyer can see the numbers for themselves.

Highest owner satisfaction combined with reliability problems that require servicing and servicing that can be problematic.

Do you want a clean super fun car with cutting edge tech that is also the safest ever built but has some reliability problems?

That's the problem: it's not just the numbers, "CR recommended" is an important additional summary qualifier, which is based on flawed methodology that is now resulting in the absurd outcome that CR doesn't recommend the safest, most satisfying car...

You haven't answered the fundamental question I asked:

What is the logic in Consumer Reports recommending less safe, less satisfying cars that might get owners injured or killed with a higher probability, just to save them from ... "panel gaps" and "paint specks"?​

 

[Don TLR]

Here's an update from Tasha talking with yahoo finance about the podcast.

Yahoo Finance (@YahooFinance)

2/21/19, 3:01 PM

Highlight: Tesla CEO Elon Musk "sets very aggressive goals and they’ve fallen short of those goals in the past, but they still achieve the impossible," ⁦‪@TashaARK⁩ says, adding: "They might [achieve] them a month or two late but they do them." Full interview: pic.twitter.com/q2PdiPdpE4

 

[MXWing]

Love the advertising banner from CR that I am seeing on TMC.

I think I can confidently say that I have collected enough samples to where Chebyshev himself could declare with high confidence that CR should be dining on *sugar* sandwiches for dinner.

 

[UncaNed]

View attachment 379349 This was the latest survey.

They keep on coming.

I filled out a few for my Model X too. I love that there's so little bad to say about it.

 

[pnungesser]

Bought a single 15 Mar $320 put at the end of the day. Tapped out :Þ

Hopefully we get confirmation on the March convertibles sooner rather than later. Don't want to be in March for long.

They're going to build a M3 convertible in March?!? Where do I sign up?

 

[elasalle]

Or Tesla can allow JD Power and Strategic Vision to access Tesla owners through DMV databases.

Very few will care what happens on Say.

Does DMV DB contain customer satisfaction?

 

[ggr]

I fear it is time that a concerted push to bring up ALL these concerns goes forth to -

• The SEC's Inspector General. In my understanding, the IG is the closest there is to an ombudsman, although his specific charge is, inter alia "to promote integrity, economy, efficiency, and effectiveness in the Commission". In general, OIGs within US governmental agencies are...in theory...independent offices within that agency who have the ability to open doors and drawers and conduct very thorough, severe investigations, and to effect actions. OIG link: SEC.gov | Office of Inspector General
• Friendly congresspersons. Those of you in states with sympathetic Senators or Reps - some kind of letter explaining in brief your beef might be able to induce some action. In theory, this is the purview of your Rep, not your Senator, but I can see a situation in which a Senator might be willing to carry the necessary water.

I wrote to my representative a couple of months ago complaining about the SEC, and got a call back from an aid telling me there was basically nothing he could do.

 

[scaesare]

I trust Tesla more too. But Tesla isn't making a microcar.

Thank goodness.

Weirdmobiles for the most part.

 

[Krugerrand]

I want Tesla to improve and succeed. I think they have the best technology in an EV at this time but are not that great at producing consistent quality products with good customer support. Those who refuse to acknowledge any problems are not helping Tesla improve. Are they better than a year ago? For sure. Do they have more work to do? For sure.

This change from Consumer Reports is a reflection of this. Recently even some of the largest Tesla fans published information on the poor service experiences.

I don’t believe you or your intentions and here’s why: you’ve never hit the helpful, informative, like or love button on any positive post on this forum. Ever. You’ve only ever hit dislike or the new disagree button on positive Tesla/TLSA posts.

All of your like or love button pushes have been on negative Tesla/TLSA posts and almost always on posts by pistets who are known shorts, trolling this forum or themselves never saying anything positive about Tesla/TSLA.

You’ve also never posted anything positive about Tesla/TSLA, only negative toned comments.

 

[UncaNed]

Here is what it shows me:



So after harassing their subscribers they got an additional ~250 people to respond about the Model 3. But it is still a fairly small sample, and people with problems, or a grudge, are most likely to respond.

A small enough sample that well funded corporate level Tesla haters could influence by subscribing, buying Teslas, and reviewing poorly.

 

[Krugerrand]

I have watched Big Three go from 90% market share to 45% market share as Big Three executives and their fans bash CR and insist there are no problems.
I hope Tesla does not follow in that tradition.

No need to hope. Elon has never said a word against CR, has only ever praised them and did it again today. So you can put that worry to bed and not put the idea in people’s heads that it could happen when clearly it won’t as long as CR stays their rigid course.

 

[homer214]

That's the problem: it's not just the numbers, "CR recommended" is an important additional summary qualifier, which is based on flawed methodology that is now resulting in the absurd outcome that CR doesn't recommend the safest, most satisfying car...

You haven't answered the fundamental question I asked:

What is the logic in Consumer Reports recommending less safe, less satisfying cars that might get owners injured or killed with a higher probability, just to save them from ... "panel gaps" and "paint specks"?​

FUD faux news being pushed daily is making Tesla buyers hyper sensitive about quality issues. I’ve experienced no such issues after two months and 2500 miles of winter driving in my 2018 AWD M3.

A high end detailing shop told me my car’s paint and build quality looked excellent before wrapping and applying ceramic coating. Little to no correction was necessary.

 

[Krugerrand]

It is a survey not an interrogation.

And Tesla prevents JD Power from accessing Tesla owner's DMV records in California and other States that require OEM consent.

If Tesla did we would have JD Power and Strategic Vision numbers to verify.

Tesla will likely say they want to protect Tesla owner privacy but more likely they don't want these numbers published until they are consistently good.

Since when has Elon ever shied away from constructive criticism? Answer: Never

He’s always wanted to know what customers think, so no reason to think that’s changed.

So how about we just go with the obvious protection of privacy?

 

[mblakele]

Not directly about TSLA, but Chanos gets a spotlight. You could read this as a TSLA-short fantasy.

The Economist | Shooting the messenger

 

[Krugerrand]

What I am continuously frustrated at is how many car reviewers just take the car for a spin and talk about performance, handling, comfort.... but completely ignore comparative ranges and charge speeds. It's like, okay, if you only want a city car, fine, but most people actually want to be able to go a significant distance in real-world conditions, recharge quickly, and keep going. This latter aspect almost never gets reviewed. I don't know if reviewers just assume that it's the same for all EVs, or that EV drivers never go on road trips, or what.... but it's a huge problem.

It's not enough to just take the car for a spin around the block. Reviewers need to get this through their heads. Go on a half-day road trip in the car before you write up your review.

I actually think it’s even more appropriate and warranted for the reviewers to ‘live’ with the car for a week or two. It takes a bit of time for people to really be able to wrap their heads around not going to gas stations and coming out every morning to a full ‘tank’, and what happens when you go on a road trip, and how traffic jams are no longer stressful and, and, and...

 

[Fact Checking]

I want Tesla to improve and succeed.

I don’t believe you or your intentions and here’s why: you’ve never hit the helpful, informative, like or love button on any positive post on this forum. Ever. You’ve only ever hit dislike or the new disagree button on positive Tesla/TLSA posts.

When @adaptabl wrote that comment I felt a great disturbance in the Force, as if millions of lie detectors shorted out in terror and were suddenly silenced.

 

[Carl Raymond]

I want Tesla to improve and succeed. I think they have the best technology in an EV at this time but are not that great at producing consistent quality products with good customer support. Those who refuse to acknowledge any problems are not helping Tesla improve. Are they better than a year ago? For sure. Do they have more work to do? For sure.

This change from Consumer Reports is a reflection of this. Recently even some of the largest Tesla fans published information on the poor service experiences.

Were CR evaluating service? I thought they were only evaluating the car.

 

[30seconds]

I wonder if this is a reflection of the due bill items we saw for many of the 2017 and first half 2018 deliveries.

 

[dc_h]

I am stunned at the amount of headlines re the 400K/500K tweet. Elon is a Genius but man what an idiot.

(Sorry Elon, really I still love you)

People are idiots, especially smart people!