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

[Right_Said_Fred]

@Right_Said_Fred you might have to order some more dislikes

In order to preserve our precious supply corrective action was taken.

 

[feigen66]

And the movement is starting to solidify. Those who are unable to see how Musk gets from A-B by starting at C will never understand how things actually go down in the real world. The truth is sometimes stranger than fiction.

Newsom picked a great day to single out OC
Huntington Beach votes to challenge Newsom’s order closing O.C. beaches

 

[MC3OZ]

I liked this one further down from Shane Parrish that’s applicable to Elon/Tesla/SpaceX:

Successful people are just unsuccessful people who know how to recover from mistakes.

He also has this one:- The Stoic Emperor on Twitter

Rapid learning requires a high tolerance for looking stupid.

 

[EV forever]

Brilliant.

Why have protocols if each person does as they please ?

I disagreed with you because at no point did @Krugerrand claim that each person can do as they please.

 

[Krugerrand]

Brilliant.

Why have protocols if each person does as they please ?

Are you kidding me? I’m being punked. Right? You’re having fun with me. Jerking my chain. Because no sober, rational, intelligent human claiming to be a medical doctor could possibly pose that question with a straight face. Come back when you’re ready to be serious and have a coherent discussion.

Adding: Still waiting for you to answer the questions posed to you about what actions you’ve taken to implement the solutions you’ve been talking about since January. Or are you still in the talking phase of your study?

 

[Krugerrand]

I disagreed with you because at no point did @Krugerrand claim that each person can do as they please.

Thank you! I thought I’d stepped into the Twilight Zone.

 

[Artful Dodger]

Your graph shows TSLA down 11%! I guess that's from high (near opening of pre-market) to low, but that doesn't jibe with the normal practice (of counting rise/fall from previous close).

This is NASDAQ's graph. Every equity is reset to 0% change at 08:00 ET. The daily change in % is relative to that point.

Showing change from yesterday's Close hides After-hrs and Pre-Market moves. But AGAIN, this is from NASDAQ.

Tesla, Inc. (TSLA) Interactive Chart

 

[Artful Dodger]

Curiously strong feelings for someone with 2 posts.

Indeed. Somebody with Admin access should identify this IP address to find out how many other Zombie/trolls accts are posting from that location.

Is it the same IP as the troll who was banned on Thursday?

Paging @Right_Said_Fred

 

[EV forever]

It looks like you are a high-functioning individual who "get's it".

Elon could have done what you are recommending without first making controversial comments but a true master has to pique interest and curiosity to gain a willing audience. Otherwise good rational and convincing arguments fall on deaf ears.

Short-sighted and superficial people appear unable to see how Elon is gaining a voice in this debate as it develops daily. They can only see the skin of the onion while everyone knows an onion has many layers. Elon is getting people to look at the layers inside the onion. It's so obvious it's comical to watch those who criticize him as if he is an emotional idiot who doesn't know exactly what he is doing.

Looks like others on twitter agree with you that this was a brilliant marketing move

David F on Twitter

 

[EV forever]

Looks like others on twitter agree with you that this was a brilliant marketing move

David F on Twitter

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To be clear, I don’t think Elon was thinking about brilliant marketing ploy, he was just expressing his honest opinion. I am just posting something I saw on Twitter. But it has definitely helped in opening up this discussion and if it ends up helping them with marketing, all the better!

 

[CorneliusXX]

Looks like others on twitter agree with you that this was a brilliant marketing move

David F on Twitter

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If anything, appealing to the heartland is a byproduct of his goal. He has already said he has more orders than he could possible hope to fill in the next few years for CT.

I think it's pretty clear that he believes Fremont can be safely reopened (with proper protections in place) and he needs to kick ant nests to do it. Doing so will help His own interests along with employees and the hundreds of thousands of people engaged up and down the supply chain for Tesla.

 

[Buckminster]

Kirkhorn mentioned on the earnings call the GFs are getting bigger and they will probably end up building fewer because of this.

New thread:
Gigafactory locations and products

Oh man, Ford's not gonna like this Munro video:

Munro should be careful; that 1987 door tech is full of current state of the art Ford IPO - lawsuit inbound.

 

[Artful Dodger]

*** PUBLIC SERVICE ANNOUNCEMENT: ***

1. There is now a new Sub-Forum entitled "Smak Elon Tweets"
2. Sub-categories include:
   1. Co-vidiocracy: "Is it the best form of Gov't, or our current form?"
   2. The Biggest Loser: "Stay at Home and Post Edition"
   3. Bird Song: "Sanctimonious Murmuring"
   4. Finally, for All Else: "Smak Elon's Mom Tweets"
3. Kindly redirect all matching discussion to the approriate sub-Reddit (where you find all the feathers you need to fluff your nest)
4. All Else, Please Stay On Topic.

This has been a PUBLIC SERVICE ANNOUNCEMENT.

Thank-you.​

 

[Thekiwi]

271,550 RMB = $38,450

If Made-in-China Model 3 Is going to keep getting cheaper to produce, to the point it is significantly cheaper than model 3 from Fremont, then I’m wondering if the MiC 3 (and MiC Y once it enters production) becomes the model that serves more markets outside North America and Europe (actually the 3 could serve Europe as well for 2020/2021).

Tesla could then reallocate Fremont 3/Y capacity more heavily towards the (eventually) higher ASP/margin Y, while the MIC 3s earn bigger margins internationally and/or could be sold at cheaper prices for markets where price is a barrier to adoption.

(Totally selfish hope on my part so we get potentially cheaper models 3/Y units in New Zealand).

 

[LN1_Casey]

Is the EU/German market closed this morning due to May Day? It's usually up by now.

 

[kengchang]

If Made-in-China Model 3 Is going to keep getting cheaper to produce, to the point it is significantly cheaper than model 3 from Fremont, then I’m wondering if the MiC 3 (and MiC Y once it enters production) becomes the model that serves more markets outside North America and Europe (actually the 3 could serve Europe as well for 2020/2021).

Tesla could then reallocate Fremont 3/Y capacity more heavily towards the (eventually) higher ASP/margin Y, while the MIC 3s earn bigger margins internationally and/or could be sold at cheaper prices for markets where price is a barrier to adoption.

(Totally selfish hope on my part so we get potentially cheaper models 3/Y units in New Zealand).

You have to back out 20K worth of incentives. It's still more than the US built SR+

 

[Unknown_Wizard]

Is the EU/German market closed this morning due to May Day? It's usually up by now.

Yes. They are closed...

 

[Thekiwi]

You have to back out 20K worth of incentives. It's still more than the US built SR+

On yesterday’s earnings call management confirmed shanghai built model 3s are already cheaper to build than Fremont model 3 (and looks like will get significantly cheaper still in future);

Zachary J. Kirkhorn -- Chief Financial Officer

Yeah. And on the manufacturing cost portion of the question, the cost of vehicles produced in Shanghai in Q1 is already lower than the cost to produce the Model 3 in Fremont, and there's still significant opportunity left to take costs out. So fixed cost absorption from higher production volumes, which are occurring in Q2 and will occur through the rest of the year were not fully localized on the supply chain yet. And so while a lot of the supply chain is localized, it's not complete, and there's additional opportunities there. And so we'll continue to bring the price down and expand margin -- costs down and expand margin even with this reduction in price that Elon mentioned on the standard range version of the vehicle.
​

So the question remains - why would Tesla choose to send cars from Fremont to international markets when the Shanghai produced car would be cheaper and provide more profit? (all else being equal) - once they have excess capacity in Shanghai of course.

 

[Quesder]

Premarket $744
Terrible bloodbath
Edit : $758 3 min later
Edit $743 again

 

[stef]

Premarket $744
Terrible bloodbath
Edit : $758 3 min later
Edit $743 again

In the meantime MaxPain drifted up to 785