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Tesla To Host Autonomy Investor Day
PALO ALTO, Calif., April 03, 2019 (GLOBE NEWSWIRE) -- Tesla is making significant progress in the development of its autonomous driving software and hardware, including our FSD computer, which is currently in production and which will enable full-self driving via future over-the-air software updates. With a number of very exciting developments coming in the weeks and months ahead, Tesla will host investors on the morning of April 19th at our headquarters in Palo Alto to provide a deep dive into our self-driving technology and road map.

Investors will be able to take test-drives to experience our Autopilot software first-hand, including features and functionality that are under active development. Investors will also hear directly from Elon Musk, as well as VP of Engineering, Stuart Bowers, VP of Hardware Engineering, Pete Bannon, and Sr. Director of AI, Andrej Karpathy.

The event will be webcast. Additional details forthcoming.

Tesla To Host Autonomy Investor Day | Tesla, Inc.
what does the timing of a midnight press release say about when to expect the quarterly P&D announcement, and whether it is BTE or not?
 
Could they not be training employees while we speak? Bring them to Freemont or Sparks for a while and have them work side by side with current employees. Nothing better than hands on experience.

Dan

They already built the worker dormatories. It was the second thing that they built, after the building where they held the opening ceremony.
 
All good, except Gov't of Canada has put a price cap limit which excludes all vehicles over $45,000 CAD. How much is a base M3 in Canada? $47,600 CAD. So no Tesla vehicles qualify for the $5,000 rebate.

Oh, Canadians will find a way, don't you worry! (When Ontario tried to deny the $14K rebate for Tesla's sold before the end of the rebate, the Courts spanked the Gov't hard and forced them to pay).

Tesla wins case against Ontario government over electric vehicle rebates - CBC News Toronto

Cheers!

 
what does the timing of a midnight press release say about when to expect the quarterly P&D announcement, and whether it is BTE or not?

Nothing.

Maybe Elon's asked for a profitability projection and Zach, being a bit wet behind the ears, is taking his time or can't find the last saved Excel on Deepak's old PC - Deepak, as often happens, forgot to save it on the shared drive before he left.
 
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Investors will also hear directly from Elon Musk, as well as VP of Engineering, Stuart Bowers, VP of Hardware Engineering, Pete Bannon, and Sr. Director of AI, Andrej Karpathy.

The event will be webcast. Additional details forthcoming.

Gonna be a big event with the whole Autopilot/FSD leadership present.

Here's Andrej Karpathy's recent talk about Tesla's approach to machine learning (a.k.a. "Software 2.0"):


(With a few amusing details about Tesla's AI driven auto-wipers.)
 
A couple of Tesla MXWL filings just in, but with a cursory glance I don't see anything different - still April 10th date

Edit - seems to be this, tagged to the end of the filing:

We also consent to the reference to us under the caption “Experts” in the Prospectus.


BDO USA, LLP
San Diego, California
April 2, 2019

Exhibit 99.1

image



745 Seventh Avenue


New York, NY 10019


United States


April 2, 2019


CONSENT OF BARCLAYS CAPITAL INC.


We hereby consent to (i) the inclusion of our opinion letter, dated February 3, 2019, to the Board of Directors of Maxwell Technologies, Inc. (the “Company”), as an Exhibit to the proxy statement that forms a part of the Registration Statement on Form S-4 of the Company, as filed and amended by the Company on April 2, 2019 (the “Registration Statement”), relating to the proposed business combination transaction between the Company and Tesla, Inc. and (ii) the references in the Registration Statement to such opinion and our firm in the Registration Statement under the headings “SUMMARY—Opinion of Maxwell’s Financial Advisor”, “THE OFFER—Background of the Offer and the Merger”, “THE OFFER—Maxwell’s Reasons of the Offer and the Merger; Recommendation of the Maxwell Board of Directors” and “THE OFFER—Opinion of Maxwell’s Financial Advisor.”


In giving such consent, we do not admit that we come within the category of persons whose consent is required under Section 7 of the U.S. Securities Act of 1933, as amended, or the rules and regulations adopted by the U.S. Securities and Exchange Commission thereunder, nor do we admit that we are experts with respect to any part of the Registration Statement within the meaning of the term “experts” as used in the U.S. Securities Act of 1933, as amended, or the rules and regulations of the U.S. Securities and Exchange Commission thereunder.


Very truly yours,
BARCLAYS CAPITAL INC.

By: Daniel Kerstein



Name: Daniel Kerstein

Title: Managing Director
 
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what does the timing of a midnight press release say about when to expect the quarterly P&D announcement, and whether it is BTE or not?
  • :mad: The bearish take: "Tesla had a very bad Q1, S/X sales collapsed, lots of Model 3's in transit, big Q1 losses secured. They now want to hold an FSD conference, parading all their leadership but not taking any questions, to distract from the bad Q1 results and to catch the falling knife SP with more FSD vaporware!"
  • :D The bullish take: "Tesla had a very good Q1, lots of Model 3's delivered, tiny profits maybe secured after all. They now want to hold an FSD conference, parading all their leadership, to bask in the glory and to keep the SP momentum going with more FSD progress demonstrations."
So I'm afraid the timing doesn't help us much. :confused:
 
Just some perspective when the FUD starts to fly tomorrow no matter what happens:

BMW is crowing that their YOY Q1 sales are up 2.9% in the US for a total of 33K units sold.
TSLA will sell almost that number of vehicles in the same market, for a 50% YOY increase. And ALL of the stories in the news you see tomorrow will be about Tesla's collapsing sales :rolleyes::mad:
Needed to correct my error" The numbers I presented were March only.
For the quarter BMW sold 82K cars/trucks, and Minis.
Their Q1 2019 sales were flat YOY, yet, here is the Bloomberg headline this morning: :rolleyes:

Mod: please post the actual headline in your text, or come back and fix it when you see bloomberg's silly replacement text. It takes you 10 seconds, or it takes the moderator a minute. --ggr.

Bloomberg - Are you a robot?
BMW Pulls Ahead of Mercedes in U.S. Luxury Race
 
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  • :mad: The bearish take: "Tesla had a very bad Q1, S/X sales collapsed, lots of Model 3's in transit, big Q1 losses secured. They now want to hold an FSD conference, parading all their leadership but not taking any questions, to distract from the bad Q1 results and to catch the falling knife SP with more FSD vaporware!"
  • :D The bullish take: "Tesla had a very good Q1, lots of Model 3's delivered, tiny profits maybe secured after all. They now want to hold an FSD conference, parading all their leadership, to bask in the glory and to keep the SP momentum going with more FSD progress demonstrations."
So I'm afraid the timing doesn't help us much. :confused:
Honestly I couldn`t care less if they make $100M loss or $100M profit in Q1. It is immaterial long term picture and the profit decline has very good reasons.

Having said that, the only reason why I am hoping for a tiny profit is that it would make 3 consecutive quarters, with Q2 and Q3 almost certainly continuing the trend. I believe that is the only way to break the negative narrative and get the SP back on track.
 
German numbers are in.

March Tesla totals were 2367 deliveries, taking Q1 to 3596. 440% growth Q1 `18 to Q1 `19.

Model level breakdown to follow in a few days.
Healthy numbers. They may one day become the third most important market after US and China (not necessarily in that order). Right now Norway is on the podium.
 
German numbers are in.

March Tesla totals were 2367 deliveries, taking Q1 to 3596. 440% growth Q1 `18 to Q1 `19.

Model level breakdown to follow in a few days.

Disappointing. But the rest of Europe was so good that it doesn't matter. Europe beat my expectations easily. :) When everything is added up, it should be nearly nearly 23k.