Fred42
Active Member
A positive review. Only 499 views. I wonder how he got the car.Not sure if posted yet.
Made-in-China Model 3 First Drive: the Miracle 丨 ENGLISH
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A positive review. Only 499 views. I wonder how he got the car.Not sure if posted yet.
Made-in-China Model 3 First Drive: the Miracle 丨 ENGLISH
Let's conclude this brief discussion of the bty workshop with a reminder of the business case for Tesla to build their own battery cells:
I think you missed the "worth purchasing" part.
Not just funds from short sales of stock - funds from sale of calls as well.Proceeds from a short sell transaction are segregated from other funds in your account and are labeled as your short balance. The funds in this short balance are not available until after the short position is closed using a buy to cover order and the closing transaction has settled.
No, many made in China products are as well built as imported one, if not better. And they are cheaper so “more worth buying”.
It’s just simply psychology.
Shorting, by itself, is no more or less exemplary activity than long passive investing.
But many shorts also spew FUD and/or try to manipulate the market, and that is heinous (some longs also do this, but it’s relatively rare).
What to do about the shorts that act heinously? In rare cases a criminal action, or a direct refutation by the company or others, is necessary.
In most cases, ignoring them is by far the best answer. Tesla will succeed by continuing to perform effectively, and by conducting positive PR (which it will get better at doing as it matures).
The amount of handwringing in this forum over a relatively small number of cretins, who collectively have dubious impact and influence, detracts from the otherwise superbly informative and interesting posts I have read here over the years.
Absolutely not. Shorts benefit when the company does badly (and lays off people etc). Longs benefit when the company does well and hires more people. How can they be same ? We are talking about real people's lives. This is not a game.Shorting, by itself, is no more or less exemplary activity than long passive investing.
Well many here say Tesla will buy its cells from LG or CATL in China for an indefinate term, with no timeline for Tesla switching to their own production.Maybe I'm missing something but isn't it a given that Tesla will be manufacturing their own batteries given comments from management and recent acquisitions? Are there people who doubt that?
It's also possible that new battery designs may require significantly different manufacturing processes. My hope is that Tesla has a battery technology in mind that can be a major step-change in the falling cost curve and simultaneously increase production volumes by a huge factor.
It's true enough that the article points only to "difficulties in ramping up sales in Europe and China " and not deliveries made there.
But, the larger question remains on steady-state demand for non-SR Model 3 variants in the US. Given the pull forward of deliveries into Q4 there was bound to be some reduction in Q1, but from over 25K in December to under 7K in Jan (and under 6K in Feb) is, in my view, much larger than that effect. And while lots of people talk about how cars are being shipped to Europe instead, that's not a demand measure. The demand measure would be that cars being shipped to Europe have increased wait times in the US, and/or that people in the US would be complaining that they configured/ordered their cars and are not getting them. We are seeing neither of those. Tesla.com itself has been saying that non-SR models will be delivered in under 2 weeks. Surely, if demand was high and vehicles were being diverted to Europe, we'd be hearing many complaints. I also believe Canadian orders have been relatively high this quarter - but again that doesn't say anything about demand in the US.
So, while it's all well and fine to point out that Tesla has untapped markets outside the US, and that there's big demand for the SR variants, there is still a question in my mind about steady state demand for the non-SR Model 3 variants. Here's the circumstantial evidence that demand for non-SRs has fallen off:
Taken separately, any of these are explainable as being driven by other factors, but taken together they provide, to me anyway, a compelling case that Tesla believes that steady state demand for non-SR Model 3s is the US has dramatically fallen.
- The aforementioned US delivery numbers, combined with lack of delay in US for receiving ordered cars, and combined with the lack of complaints about US people ordering and not receiving their vehicles in a timely fashion.
- Premature and rushed introduction of the SR version. Just about 2 weeks earlier (Q4 call) Musk had said SR would be mid 2019. In order to do the SR now Tesla had to cut stores and sales people because the Gross Margin on the SR wasn't high enough. And then changing their minds so quickly on store closings after announcing them. Clearly rushed.
- Three price cuts recently.
- Elimination of the low end Model S variants. No more 75s, for instance.
- Re-establishment of the referral program.
- Heck, did anyone even notice/care that the MR variant went away? (My guess is that Tesla is delivering MRs as SR Plus's with range limiters right now. )
Absolutely not. Shorts benefit when the company does badly (and lays off people etc). Longs benefit when the company does well and hires more people. How can they be same ? We are talking about real people's lives. This is not a game.
In what other way can you "rent" something from someone else and sell it ?
I'd put shorting in the same moral category as private prisons and army for hire.
Model X goes airborne for 41 feet, then tumbles 172 feet down an embankment, flipping twice. All five occupants survive.
Charges filed in Maroon Creek crash involving 5 Aspen teens
“The police at the emergency room said they haven’t seen an accident like that when people walked away,” said Elana Royer, mother of 18-year-old Lily Royer. “They’re almost always fatal.”
This. While a large chunk of my brain says it was really him, it just seems weirdly not quite his style?Am I the only one who does not feel that Elon wrote this?
He had a "I love this" emoji above the letter, and I thought he had simply retweeted this...
Model X goes airborne for 41 feet, then tumbles 172 feet down an embankment, flipping twice. All five occupants survive.
Charges filed in Maroon Creek crash involving 5 Aspen teens
“The police at the emergency room said they haven’t seen an accident like that when people walked away,” said Elana Royer, mother of 18-year-old Lily Royer. “They’re almost always fatal.”
Newest Karpathy's AI presentation.
Yes - infact we then get into discussions about offshoring, exploiting workers and Wall St penchant to mainly consider quarterly results etc. Definitely, shorting is not the only problem with the current Wall St system.Longs can(and often do) also benefit when a company lays off people.