LN1_Casey
Draco dormiens nunquam titillandus
If this airport is open and ready for flights before GF Shanghai Phase II has Model Y's rolling off the line, I'll buy a share of Tesla regardless of the cost at the time.
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
If this airport is open and ready for flights before GF Shanghai Phase II has Model Y's rolling off the line, I'll buy a share of Tesla regardless of the cost at the time.
StealthP3D
Well-Known Member
If this airport is open and ready for flights before GF Shanghai Phase II has Model Y's rolling off the line, I'll buy a share of Tesla regardless of the cost at the time.
And I'll book a weekend with a high-class escort, no matter the going rate!
It was only around 9 days from reservation to delivery.
I made the purchase 12/18. Recall that was the big inventory clear-out push prior to the first tax credit step-down. I did a test drive and put down the reservation (on-line) in one of our not-dealerships ("galleries”) and one of the Tesla not-dealers there searched through inventory for a match. She found a couple loaners nearby and one new one in San Antonio. Everything else was handled through intermediaries in Las Vegas.
The car was a 8/18 build and the paperwork that came with it showed it had a state inspection in San Antonio 9/18, then another one in Houston right before it was delivered to me. So what was it doing in San Antonio from 9/18 through 12/18 (no mileage)? I strongly suspect it was a showroom car (it's a red M3P) - they were raiding showrooms back then.
So, no it didn’t seem to be any issue with matching inventory in-state. I think buying the car on-line from the manufacturer in California is fine no matter where the car is physically located.
This hasn't been an issue before because the cars ship from California and you have paid 100% before the shipping happens. However, it's not crazier than batteries when used to back up the grid on a commercial scale are considered power generators rather than storage devices. Best government money can buy.
Newsom in today's update says reopenings will begin in 'weeks' not 'months'. Reopenings will be in 4 phases.
We are in Phase 1-planning.
Phase 2- businesses can begin to reopen. Should be upon us in the next few weeks. Mentioned the Bay area just extended stay at home orders until June. Says he will respect Bay area counties' decision to be more stringent.
Phase 3- personal care. Gyms, spas etc.
Phase 4- large gathering venues.
So it seems certain the May 4 reopening is a no go. And even though it Newsom might be ok with mid-May, it sounds like Tesla will have to follow Bay area orders.
The briefing is still going on as I write: Office of the Governor of California on Twitter
We are in Phase 1-planning.
Phase 2- businesses can begin to reopen. Should be upon us in the next few weeks. Mentioned the Bay area just extended stay at home orders until June. Says he will respect Bay area counties' decision to be more stringent.
Phase 3- personal care. Gyms, spas etc.
Phase 4- large gathering venues.
So it seems certain the May 4 reopening is a no go. And even though it Newsom might be ok with mid-May, it sounds like Tesla will have to follow Bay area orders.
The briefing is still going on as I write: Office of the Governor of California on Twitter
update- Phase 2 reopenings will include lower risk businesses of which manufacturing is one.
Elon Musk to personally insure Tesla board, citing 'high premiums' — Business Insider
Tesla's chief executive and largest shareholder, Elon Musk, will be personally insuring its board of directors' liability because of high premiums quoted by insurance companies.
The move is possible thanks to a pledge by Musk to use 54% of his 24 million shares as collateral to provide the insurance coverage, according to the filing. That's up from 40% at the end of 2018, according to an analysis by Bloomberg News.
I'm not really sure what to make of this. Seems like it could save the company some money, but is it really enough to make a difference? Or is this just a show of disdain for insurance companies?
Tesla's chief executive and largest shareholder, Elon Musk, will be personally insuring its board of directors' liability because of high premiums quoted by insurance companies.
The move is possible thanks to a pledge by Musk to use 54% of his 24 million shares as collateral to provide the insurance coverage, according to the filing. That's up from 40% at the end of 2018, according to an analysis by Bloomberg News.
I'm not really sure what to make of this. Seems like it could save the company some money, but is it really enough to make a difference? Or is this just a show of disdain for insurance companies?
Berlin Brandenburg Airport - Wikipedia
It is a complete airport. What got you possibly confused that its terminal was the show stopper for everything and was approved now, which now allows the whole airport in Oct.
Runarbt
Active Member
Elon show trust in his company and directors. Save money, easy when he know they do things the correct way.
Dan Detweiler
Active Member
So is everybody pretty comfortable with their position going into earnings, or is there going to be a last big push tomorrow...one way or the other?
Dan
Dan
That’s getting into the Commerce Clause of the Constitution and the derivative Dormant Commerce Clause - prohibits states from discriminating against interstate commerce.
MTL_HABS1909
Active Member
The bear narrative on twitter is that insurance premiums have spiked because insurance companies think that there is a high probability that Tesla will lose the shareholder lawsuits.
LN1_Casey
Draco dormiens nunquam titillandus
And I'll book a weekend with a high-class escort, no matter the going rate!
Hey, hey now, I'm poor, and Tesla's a great company. By the end of the year when Phase II is completed, and or the airport opens, the stock would have had it's Q2 results, possible SP500 addition, and even the Q3 P&D if not ER. That could be a very hefty buy.
Besides, my father always said, don't bet something you would be morally against occurring.
Call me a newbie, but why does the board have to be insured? Like, insured against what? And there are actual insurance companies to insure this? I'd think that large corporations would be self-backed to save on the premiums.
I wonder if it is related to the fact that the BoD, other than Elon, settled one lawsuit, with the insurance company footing the bill, and left Elon to continue to fight it on his own. With him insuring the BoD personally would he get to control when/if they settle a lawsuit? (i.e. no more extortion payouts.)
I'm not very comfortable but buying more would be irresponsible on my part
I think 750, 760 is a good place to go into ER. Big tech is deep red today not just Tesla.
willow_hiller
Well-Known Member
Reading FT on it now, I think they put it pretty well:
"Tesla’s board has been the target of a number of legal actions claiming that it failed to maintain sufficient independence in controlling its impulsive chief executive."
From: Subscribe to read | Financial Times
Whether those lawsuits have merit or not, they're still expensive to litigate. That's what Board Insurance is for.
woodisgood
Optimustic Pessimist
Comfy...bought an extra call just before close. I made a slightly larger bet than I would consider prudent for this ER, but it’s all to get more actual chairs. Time is running out IMHO...
Core shares remain as they are comfy for the next 4-5 years. I might get some calls depending on how things move tomorrow. I'm not really confident on that though. They'd have to be some cheap lotto tickets,
StealthP3D
Well-Known Member
The funny thing is it's Texas discriminating against themselves! LOL!
Ford's results just hit my phone. Either Robinhood has the expectations wrong, or they missed by 92%.
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