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

[MarcusMaximus]

Does that change their profitability?

The recall costs presumably will...

 

[voip-ninja]

Curious as to your problems.
I’ve had a few minor problems like frunk wouldn’t open but it was fixed quickly. I now have about 8,000 miles so far and been loving it.

I have an entire thread documenting my problems, which are painful and which Tesla seems unable so far to fix. One possibility for at least one of the problems is that the suspension might not be properly bolted to the chassis, something which Tesla have a TSB on but which nobody checked on my car when I brought it in complaining of it making unusual noises when going over small bumps.

My Tesla ownership experience to date has been painful enough that it's doubtful at this point if I will own another one.

 

[Fobble]

My feeling is: They're saying late 2020 for the Model Y, but I suspect they will be making them earlier than that.

FUD will say: Haha, M3 demand is so low, they are pulling in MY production to fill the factory"

 

[Pras]

Curious as to your problems.
I’ve had a few minor problems like frunk wouldn’t open but it was fixed quickly. I now have about 8,000 miles so far and been loving it.

That is a good reminder why Tesla may be taking it slow for Model Y delivery. I think they will want to fix the quality control issues upfront, so that they don't get dinged during CR quality review.

 

[voip-ninja]

The recall costs presumably will...

Well if you're going to go down that road how many millions will Tesla have to shell out for fatalities where AP was engaged? I mean come on, BMW has peanuts worth of fires same as every major auto maker.

 

[Don TLR]

Timing of Model Y Gives Cash Insight | Loup Ventures

 

[MarcusMaximus]

I have an entire thread documenting my problems, which are painful and which Tesla seems unable so far to fix. One possibility for at least one of the problems is that the suspension might not be properly bolted to the chassis, something which Tesla have a TSB on but which nobody checked on my car when I brought it in complaining of it making unusual noises when going over small bumps.

My Tesla ownership experience to date has been painful enough that it's doubtful at this point if I will own another one.

Any possibility of using lemon law on it? I know there’s another member here who had to lemon law his X(pun very much intended) and now has a new Tesla(an S I think?)

 

[SO16]

You know, I think I agree with you. I don’t see the point of both. They not different enough. I was underwhelmed by the event, but I’m digging the Y look and specs. I think that will be replacement for my current ICE cuv in 2021. I really could have used it this year. I have a model 3 deposit, but no point to get it at all. Y makes more sense at this point.

I think Elon got so burned by overdesign and complexity of X, that he didn’t want to make the same mistake with Y. I think he might have gone too far the other way, by being too safe.

I can’t wait to see the pickup. I hope it’s “not safe” in design aspects.

The 3 was good in order to get a 35k car which is close to the average of 34k spent by Americans.

 

[SO16]

Right, second only to their record breaking number of spontaneous car fires.

Source for your statement?

 

[copyhacker]

Majority of the US right: Electric cars are evil. Solar is evil.
Majority of the US left: Billionaires are evil. Cars are evil.

I’m gonna need a Venn diagram of this, stat.

 

[ReflexFunds]

Trying to imagine who would buy the eTron over the Y now. It has less cargo capacity, inferior charging infrastructure, roughly same range as the *standard* range Y, but for almost double the price. I ordered a long range AWD with FSD and 7 seats(in red) and mine is *still* more than $10k less than the entry level etron.

Have you seen an EPA estimate for e-Tron? I think it is likely to be significantly lower than the SR Model Y.

I read E-tron is 248 miles WLTP which i think would be closer to 200 miles EPA. (This uses I-Pace EPA range of 234 miles vs its WLTP range of 292 miles).

 

[MarcusMaximus]

Well if you're going to go down that road how many millions will Tesla have to shell out for fatalities where AP was engaged? I mean come on, BMW has peanuts worth of fires same as every major auto maker.

There’s been, what, 2 confirmed incidents of fatalities on AP, worldwide? As I remember, BMW’s fires are into the hundreds, and they’re recalling over a million cars.

 

[voip-ninja]

Any possibility of using lemon law on it? I know there’s another member here who had to lemon law his X(pun very much intended) and now has a new Tesla(an S I think?)

I don't know anyone who has actually used lemon law suggest anyone else try it. For lemon law the car has to be in the dealer's possession for 30+ days, they have to have had something like four chances to fix the same problem, etc. and even then you have to go to arbitration and in many cases the dealer/seller will not be forced to give you a replacement vehicle but simply buy you out of yours.

People who have never used it love to talk about it though.

Ah, here's my state's relevant section, so yeah, I'm SOL.

Defects, such as rattles or squeaks, which do not substantially impair the use or market value of the vehicle are not covered. Neither are defects resulting from abuse, neglect, or unauthorized modifications or alterations of the vehicle by a consumer.

 

[EVNow]

ou know another company that is yo-yo all the time? Microsoft, I have long lost count the number of products that they offered and killed in the past ten years. Luckily I kept my shares.

Yes, ATH today.

BTW, Microsoft under Balmer did a number of really bad acquisitions and wasted $10B+.

 

[MarcusMaximus]

Have you seen an EPA estimate for e-Tron? I think it is likely to be significantly lower than the SR Model Y.

I read E-tron is 248 miles WLTP which i think would be closer to 200 miles EPA. (This uses I-Pace EPA range of 234 miles vs its WLTP range of 292 miles).

I was originally going to say that, but giving the eTron the benefit of every doubt in my comparison. Even with doing that, it pales in comparison.

 

[shootformoon]

So does the list of you WANTS which are not necessarily in th same priority order as you seem to want them. So, not only do you want everything, but you want it now...seemingly regardless of whether it is in the company's best interest or not.

Look, you can interpret things however you want. Buy it, sell it, pump it, dump it. No skin off my nose. I think only Tesla knows what Tesla needs and I am happy to defer to their judgement. In my eyes,they've done a pretty amazing job so far and I see no reason to change course now.

Dan

If tesla knows what they want and can get it without the resource limitation other than time, the SP would be at least >$600.

 

[Opus BC fan]

I wonder if it might help to pull the plug on this thread and do a reset?

Have you tried turning it off and turning it back on again?

 

[voip-ninja]

There’s been, what, 2 confirmed incidents of fatalities on AP, worldwide? As I remember, BMW’s fires are into the hundreds, and they’re recalling over a million cars.

That's not my point. Will AP fatalities affect Tesla's bottom line? How will BMW fires affect their bottom line? Which company can absorb millions in lawsuit payouts better?

All of this snark about BMWs catching on fire when Teslas are self-driving under trucks and decapitating the driver are ridiculous, boorish and people just need to stop with it.

You'll note that the original "ha ha ha ha BMW catch fire HA" comment was simply a complete non-sequitur response to the comment that BMW has similar market cap to Tesla but has enormous profitability and delivers over 10X as many vehicles as Tesla does.

 

[voip-ninja]

I wonder if it might help to pull the plug on this thread and do a reset?

Have you tried turning it off and turning it back on again?

Any day that the stock is getting hammered it is like this. I am 99.9% of the time a silent participant in this thread but I have observed that on days when the stock is getting a pounding this is what happens.

Some guy predicted close of ~290. Maybe they can circle back and further comment on that prediction.

 

[SebastianR]

Timing of Model Y Gives Cash Insight | Loup Ventures

tl:dr; They think Tesla needs cash to ramp Model Y and that Tesla says Model Y comes end of 2020 due to cash constraints. They think Tesla should raise capital.

My take: Isn't this the same old argument we have been hearing from the past year now? I mean everything Tesla does is "because it needs money" - first Model 3 needed money, then Delivery of Model 3 needed money, then the Bond payment needed money, now Model Y etc. "needs money" - I'm a bit puzzled how hard this narrative is persisting. I guess that's the language of finance folks and if all you have is a hammer every problem looks like a nail to you.

So I remain adamant that it is a waste to of time to listen to financial analysts right now. If CNBC, CNN & Co. wanted to do real journalism, they would get production engineers, designers, logisticians, factory engineers, shipping experts, cost cutting specialist and reverse engineering folks to talk on their shows.

Not every problem just goes away if you throw cash at it as evidence by the fact that many Tesla competitors have a lot of cash yet fail to deliver the products that Tesla delivers. So if journalism was real, they would dig into why that is and what makes Tesla different than e.g. Audi....