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

[Sean Wagner]

Ho boy.

"There is no good time to make this change. ... now, solid foundation." Deepak Ahuja

 

[Right_Said_Fred]

Why is everyone so upset about someone retiring?

I don't get that either. It's not like he's the only capable financial guy in the world.

 

[gringotuanis]

What did Elon say about battery pack costs the first time? $7k gearing to $4 or $5k?

 

[PaulRocket]

This is Zach:
https://www.linkedin.com/in/zachkirkhorn/

 

[MarcusMaximus]

I don't get that either. It's not like he's the only capable financial guy in the world.

Feeds into the narrative of high-profile departures.

 

[Carl Raymond]

I haven't heard or read anything today that will break TSLA out of its current range until Model Y unveil at least.

First car rolling out of GF3. I feel that will trigger a change of mindset, and it’s inevitable this year.

 

[azaz]

it's also burying the lead to announce it so last minute. stupid way of announcing it.

 

[Todd Burch]

Feeds into the narrative of high-profile departures.

Seems to me many bulls here feed into the narrative by making a bunch of panicked posts about SP when a retirement is announced....

 

[GaryW]

And it was going so well.

 

[Thekiwi]

Oof.

Retirement announcement sours an otherwise really good conference call.

I’m sure the shorts will have a field day, but best regarded as a buying opportunity I think.

 

[KarenRei]

Good thing I didn't have plans to sell anything tomorrow :Þ

 

[Heimdallr]

Pretty orderly retirement of Deepak after two solid quarters.

Yep.

 

[gringotuanis]

Not sure if I'm recalling this correctly, but did they state that the savings from the restructuring will be 400 million/quarter? If so, that's a pretty sizable amount going straight to profit. Even if the lower cost of the 35 model eats into that some, let's say 150 million, that leaves 250 million going to profit which should greatly affect EPS starting in Q2.

I think the paper report stated $400 million per year, not quarter

 

[oneday]

I, mean, we still have Elon.

 

[RobStark]

"Furthermore, we are changing our parts distribution approach to ensure that spare parts are available in a timely manner at all our service centers globally. "

About Time!

It was never a problem.

It was a conspiracy by all the Tesla youtubber superfans.

Waiting months for a fender is a nothingburger.

 

[FirebirdAlpha]

So... Tesla is replacing a guy with nearly 30 years of work experience and 15 years of experience in the CFO role

with a guy that's not even 32 years-old and has only worked for 3 companies? And is only 5 years out of his MBA program?

LOL

 

[NicoV]

Eek... Deepak retiring? That won't play well.

Replaced by a long time insider and Depak remains as a consultant. Tesla made sure this is a non-issue.

 

[dailo]

The shorts are going to have a field day with this...

 

[TSLA_Hopeful]

I like Zach already... he sounded nerdy as hell.... and that's what I want in a CFO... a dedicated nerd to cost control!

 

[Cherry Wine]

First car rolling out of GF3. I feel that will trigger a change of mindset, and it’s inevitable this year.

Sure, but Model Y unveiling will predate that I imagine.