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

[tslagreen]

AH flat lol

All good. Slight green so much better than blinding red!

 

[Causalien]

1st impression uneventful

kinda like it.

I think we are speaking too soon.

Expect tomorrow morning to have a full on attack and as much fire as they can fund.

 

[JusRelax]

Tesla insurance rate will be based on the risk involved in the driving behaviour of the driver (which Tesla can monitor). That's a biggie.

I foresee them offering lower insurance rates when purchasing/using FSD.

 

[Lift]

I want Zack to talk to me when I can't fall asleep at night

 

[ChrML]

Think this pretty much sums it up:

Not bad at all, market expected worse. Excited for tommorow.

 

[Remus]

Answering that now. Basically, its because they're unwinding the "wave" instead of packing deliveries into the quarter.

But that does not answer the question, cause the wave would drive down deliveries. if they are already confident about that much deliveries, how comes the loss expectation?

 

[ggies07]

Very impressed by the stock price holding up so well. This is what all the shorts were waiting for. They might get frustrated now.

Or people like Adam can just man the **** up and be the long that they know they can be. He used to be a huge champion of this company.

 

[Cattledog]

Tesla insurance rate will be based on the risk involved in the driving behaviour of the driver (which Tesla can monitor). That's a biggie.

They'll probably create a variable, dynamic rate which gives you greater discounts for use of Autopilot and FSD (when available).

 

[EVNow]

But if they are unwinding the wave and delivering worldwide throughout the quarter, I would expect the in transit number to remain fairly high. I would think it would be difficult to hit 90k for Q2.

The main point is it will remain high - not increase. So, if they can produce 90k this quarter, they can deliver that many with 10k in transit (same as last quarter).

 

[WarpedOne]

tesla insurance ... autopilot turns into suervisor that sees everything you do and knows what you did.
whp would openly oppose that ?

 

[MarcusMaximus]

But that does not answer the question, cause the wave would drive down deliveries. if they are already confident about that much deliveries, how comes the loss expectation?

It would drive down deliveries but not production. They could deliver 500 million cars this quarter and it would still be a loss if they're producing 600 million.

 

[bdy0627]

It's actually easier to maximize deliveries in a continuous delivery model, because with the "wave" method many of the more distant delivery centers run out of cars 1-2 days before the end of the quarter, some of the faraway ones run out of cars 1-2 weeks before the end of the quarter, plus this lack of cars persists in the first few weeks of the quarter. Delivery centers closest to the factory are overworked. This creates a lot of risk of cars ending up in the wrong place and not being matched to customers.

By smoothing deliveries they'll also be able to stop the end of quarter discounts that many customers learned to rely on. This will help margins.

All around a good move, but obviously capital intensive.

What kind of ballpark in transit number would you expect in the new approach? If 50% of the vehicles are going beyond the U.S. with a weekly production rate of 7,000 (including S/X), seems like in transit would run somewhere around 10k per quarter (at these rates.) Does that sound about right?

 

[powertoold]

Hey guys, we survived! No demand cliff foreseen!

 

[Don TLR]

Adam Jonas is that guy outside Elon's house yelling different prices all the time..

 

[Boomer19]

I think we are speaking too soon.

Expect tomorrow morning to have a full on attack and as much fire as they can fund.

of course

i meant i like the biz as usual conf call

 

[Fact Checking]

It's great news Tesla is offering insurance. I would switch to Tesla Insurance. I will drive carefully to make sure they can take my money and keep it.

From a very long term view, Tesla could earn a total of 800B profit insuring 100 million Tesla vehicles, while also help Tesla car owners save money. I can't see how other companies can compete with Tesla in this business.

Also note how this effectively raises capital from owners: every 100,000 insured cars with a $200 per month insurance premium generates a cash inflow of $60m per quarter, $240m per year.

The cash outflow is delayed, and Tesla Insurance will be holding significant amounts of capital it can invest.

Regular insurance companies invest in securities and gain market rate returns.

Tesla Insurance will invest in Tesla, obviously.

 

[Cattledog]

It's great news Tesla is offering insurance. I would switch to Tesla Insurance. I will drive carefully to make sure they can take my money and keep it.

From a very long term view, Tesla could earn a total of 800B profit insuring 100 million Tesla vehicles, while also help Tesla car owners save money. I can't see how other companies can compete with Tesla in this business.

They are starting to create another galaxy in the Teslaverse - Cars, Energy, Rideshare, Insurance. Eventually all those inactive supercomputers in the cars can mine for Bitcoin, solve for Pi's digits, etc.

 

[Yamantasdivar]

Did Tesla announce earnings yet?

 

[electrichapp]

no big SP move, IV goes down, options premiums goes down, pretty good for those that sold options

 

[bdy0627]

+0.040 (0.015%) -> Record low volatility for a Tesla ER...

Yeah. That's weird. Calm before the storm?