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

[KarenRei]

So apparently there is a rumor going around. Tesla is backpedaling on the store closures. The stores that they’ve closed this week will remained closed, the ones pending closure will operate the same way with commissions and all. It’s all over Twitter but take it with a grain of salt

The source is "some random guy in Shortsville". Take it with a healthy dose of salt.

 

[Joe F]

View attachment 384289

Forgot lungs, contaminated waters, waterfowl, and probably a lot more. Oh yeah; Money. Dirty money.

 

[KarenRei]

It's not tilt wall? (I realize bamboo is used for scaffolding in many parts of Asia, but OSHA wouldn't like it, which partly explains the faster pace of construction.) Concrete pour looked like road paving.

Don't ask me, all I can do is observe what's in the video! And there's some bamboo scaffoldings that have shot up.

BTW, there seems to be a somewhat longer version of the video here:

There seems to be some work starting to clean up / green up the perimeter spaces, and the workers' apartments look to be almost done (at least from an exterior perspective; probably a lot more to do inside).

 

[Cherry Wine]

This is a very interesting article:

The perfect storm engulfing the world’s top car manufacturers

Some thoughts:

Things are looking a bit grim for traditional automakers, predicated largely on a recent slump in China sales. If these guys think the sales that are drying up now are ever coming back, they aren't paying very good attention. To wit:

"One analyst who asked not to be named said: “Problems with China are at the heart of everything. Demand for vehicles has declined and uncertainty around [the U.S.-China] trade war is hurting, too. This is before you factor in the shift away from diesel and strategies to tackle emissions.”

Discussions around BEVs are just handwaved away:

"Then there is a tough carbon-dioxide regulatory regime, which is behind the shift away from diesel toward electric vehicles. But “the market [for electric] is less than 2% today,” said Mike Manly, chief executive of Fiat Chrysler Automobiles FCAU, -2.04% , who warned that the push toward electric is not global."

...except in the case of Daimler AG. Dieter Zetsche, chairman of the board of management at Mercedes owner Daimler AG:

"Not everyone sees change as a negative.

Zetsche said the shift to electric means new customer services and offerings.

“So that in the first place I would consider a positive,” he said. “Technologies ... open up new opportunities which we haven’t had in the past. Some of them a very few years ago seemed more like science fiction than a real opportunity.

“We have to develop, and we have to change and have to invest a lot into the future, and if you don’t you will face big challenges.”

 

[Buckminster]

Elon Musk on Twitter
105m followers

 

[mickificki]

 

[VValleyEV]

Tesla's big plans to make more cars is raising red flags about demand for more cars!

Makes no sense...

It is pretty funny. Tesla is selling all these cars without any usual marketing or advertising.

And people are worried about demand.

You imagine if they actually tapped the marketing and ad spend just a touch. And let more people know about how great these cars are?

They have a demand problem. Too much demand.

I know many people just waiting for their ICE leases to end, and then can't wait to get a Tesla.

I am getting familiar with the script:

News: Tesla introduces some great new stuff!!
Responses:
1. This must be out of desperation, and that means no one is buying
2. That new stuff is not so hot anyway because bla bla FUD
3. There are competitors out there that have much better new stuff coming out in only a year or two.

News: Tesla reduces costs!!
Responses:
1. This must be out of desperation, and that means that one is buying
2. That cost reduction plan is wrong-headed and won’t save them anything
3. The competitors have a huge advantage because they have experience and capital and experience and dealers bla bla FUD

 

[elasalle]

...lklkl

I am getting familiar with the script:

News: Tesla introduces some great new stuff!!
Responses:
1. This must be out of desperation, and that means no one is buying
2. That new stuff is not so hot anyway because bla bla FUD
3. There are competitors out there that have much better new stuff coming out in only a year or two.

News: Tesla reduces costs!!
Responses:
1. This must be out of desperation, and that means that one is buying
2. That cost reduction plan is wrong-headed and won’t save them anything
3. The competitors have a huge advantage because they have experience and capital and experience and dealers bla bla FUD

How are Tesla's vehicle cost cuts affecting the competition? That should be the question ...

 

[Cherry Wine]

View attachment 384304

He is dropping some material information in those tweets if true.

 

[Tenable]

He is dropping some material information in those tweets if true.

As long as it isn't Elon.

 

[DurandalAI]

OT

Simple solution. Just sell Tesla merchandise. I'd buy a new hat there

If they can't get out of the leases, they still could have the cars in there to look at, kiosks that go to tesla.com to order the cars and accessories, and one employee to make sure people aren't defacing anything.

 

[trailhound]

He is dropping some material information in those tweets if true.

Confidential until it isn't. they need to build it somewhere- I don't think would be material. if it is Tesla is going for a bulk discount on SEC legal work!!!

 

[adiggs]

This is a very interesting article:

The perfect storm engulfing the world’s top car manufacturers

Some thoughts:

Things are looking a bit grim for traditional automakers, predicated largely on a recent slump in China sales. If these guys think the sales that are drying up now are ever coming back, they aren't paying very good attention. To wit:



Discussions around BEVs are just handwaved away:



...except in the case of Daimler AG. Dieter Zetsche, chairman of the board of management at Mercedes owner Daimler AG:

One of the quotes in that article got things right .. really right:

“The industry is going through a one-in-a-hundred-years change,” Johan van Zyl, president and chief executive of Toyota Motor Europe TM, +0.40% , told MarketWatch.

 

[Artful Dodger]

Could that be some super long’s Hedge play?

You mean a market maker? Because 100K Options represents 10 million shares, and there's MORE than that in total puts at $250 or below. Bloody Elon isn't that long.

 

[ZachF]

This is a very interesting article:

The perfect storm engulfing the world’s top car manufacturers

Some thoughts:

Things are looking a bit grim for traditional automakers, predicated largely on a recent slump in China sales. If these guys think the sales that are drying up now are ever coming back, they aren't paying very good attention. To wit:



Discussions around BEVs are just handwaved away:



...except in the case of Daimler AG. Dieter Zetsche, chairman of the board of management at Mercedes owner Daimler AG:

Now of course according to shorts the big boys will have no problem ramping up to crush Tesla while their ICE sales are plummeting.

 

[VValleyEV]

...lklkl


How are Tesla's vehicle cost cuts affecting the competition? That should be the question ...

Absolutely.

We should be seeing some analysis of how well Tesla can support the new prices with their estimated margins and business model and battery efficiency, vs competitors with (as I understand in general) lower BEV margins and battery efficiency, plus legacy ICE vehicles and dealerships to support.

We should be seeing a sober analysis of how this competition stacks up by the numbers, and how it changes as the story develops, both for Tesla and its competitors. Is it out there? I don’t see it anywhere. Closest thing I have found is this forum. Should I be reading ARK investment website and blogs?

 

[Mobius484]

Absolutely.

We should be seeing some analysis of how well Tesla can support the new prices with their estimated margins and business model and battery efficiency, vs competitors with (as I understand in general) lower BEV margins and battery efficiency, plus legacy ICE vehicles and dealerships to support.

We should be seeing a sober analysis of how this competition stacks up by the numbers, and how it changes as the story develops, both for Tesla and its competitors. Is it out there? I don’t see it anywhere. Closest thing I have found is this forum. Should I be reading ARK investment website and blogs?

We can open a webpage called OEMdeathwatch.... good to see TSLA SP strong again. Onward!

 

[MP3Mike]

He is dropping some material information in those tweets if true.

The only piece of information that wasn't already known, and public, is the building a Y production line a GF1. (Which Tesla said was their default plan, not that they started.)

 

[Tenable]

I'm getting a bit concerned with the service level at Tesla during this transition. I was working to order a P3D with an adviser, he was let go mid transaction. I heard crickets for about a week and then the delivery specialist said he could not honor any of the promises that the previous rep had made. On top of that they are telling me that best case (if approved) I will have to wait some number of days for them to cancel my order. Then I'll have to wait up to 45 business days to get my deposit back. Once my cancellation is approved (not guaranteed) I will have to reorder and start the process all over. Thats the BEST CASE scenario. The worst case scenario is apparently they force me to pay for the car, then return it within the 24 hour window, then wait for a refund and THEN reorder. It makes no sense, they want to waste Tesla's resources shipping me a car knowing I will not keep it. However, with the new structure they are not allowed to contact delivery ops and local managers have had their power stripped as of 3 days ago. So they are mostly out of luck and have no avenue to move forward.

Tesla hasn't always been perfect, but at the end of the day they've always done the right thing by me as an owner.. until now.

As an owner that is ordering my 3rd Tesla, knows the ropes and the company you would think I'd be able to navigate this situation better than most. I can only imagine what is happening to many first time buyers.

This is.. disappointing to say the least. I guess I'll keep my fingers crossed that Tesla finds its way to the right side of this situation.

 

[MP3Mike]

I was working to order a P3D with an adviser, he was let go mid transaction. I heard crickets for about a week and then the delivery specialist said he could not honor any of the promises that the previous rep had made. On top of that they are telling me that best case (if approved) I will have to wait some number of days for them to cancel my order. Then I'll have to wait up to 45 business days to get my deposit back. Once my cancellation is approved (not guaranteed) I will have to reorder and start the process all over.

What change are you wanting to make to your P3D order?