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

[Krugerrand]

Sure, but if they don't get the court injunction and the police intervene then at least we know the date will be the 18th. I don't think that's going to happen but the market is going to be very happy to know there's a cap on how long this could drag out.

I honestly think Tesla’s just going to start. It won’t be the Fremont police that show up. The mayor there already took Tesla’s side.

And I also think it would be awesome in a twisted ‘watch this incredible train wreck’ kind of a way, if a bunch of employees were escorted to their vehicles and made to leave and it was all over the news.

Finally, it would not surprise me if Alameda County took an even more stubborn stance now and May 18th was off the table all together. I’m not certain which way they’ll lean now that I read what Mr. Haggerty said. He sounds potentially spiteful.

 

[Krugerrand]

For all we know they may even have gloves in California

Don’t be daft!

 

[CyberDutchie]

What are you thinking is high touch equipment? I can’t think of anything except bathroom doors and what’s behind them.

Anything else I can see a work around and with extra disinfecting protocols - non-issue.

I agree, at first I thought "other indoor businesses with high-touch equipment" must be referring to gyms.

This list: restaurants, bars or other indoor businesses “that do not permit physical distancing or have high-touch equipment” does not immediately make one think of Tesla. In fact, it's an insult that Tesla is grouped into the category "other".

 

[mickle]

Mr. Haggerty sounds like a class 1 passive/aggressive jerk on a power trip. Kudos to Musk for holding his feet to the fire and letting him know he is a public servant, not royalty of his own fiefdom.

This could be the reason:

You won’t have Scott Haggerty to kick around anymore; longtime county supe will not seek re-election

 

[Mike Smith]

Finally, it would not surprise me if Alameda County took an even more stubborn stance now and May 18th was off the table all together. I’m not certain which way they’ll lean now that I read what Mr. Haggerty said. He sounds potentially spiteful.

I don't think that's a possibility. In fact I don't even really believe they were going to let them open on the 18th - I think they're just trying to save face and now they'll try to come to a "compromise" on something like Wednesday the 13th.

 

[Reductionist]

New Giga 3 update:

 

[Steve m]

The question I have for Scott Haggerty is what is Alameda County's plan to get from 500 tests per day to 3400 tests per day by May 18th and how are you going to ramp up the employment of contact tracing agents?

When you fail to do these tasks by May 18th are you going to admit they weren't a requirement or are you going to move Tesla's re-opening back?

 

[feigen66]

The question I have for Scott Haggerty is what is Alameda County's plan to get from 500 tests per day to 3400 tests per day by May 18th and how are you going to ramp up the employment of contact tracing agents?

When you fail to do these tasks by May 18th are you going to admit they weren't a requirement or are you going to move Tesla's re-opening back?

X tests per day is simply a strawman. In fact, the total test numbers are lower this week than last week.

Coronavirus (COVID-19) Data Dashboard - Novel Coronavirus (COVID-19) - County of Santa Clara

 

[Singer3000]

I strongly disagree with that. How would that have got them closer to their goal of having the desired amount of testing capacity? By taking this position you are saying you agree with my interpretation that the County was just dicking Tesla around out of spite. Public officials need thick skin and must remain neutral and professional. Trying to blame it on Elon is like saying you think public servants should be able to use their power to punish people they don't like.

People rarely do things out of spite but if you don’t understand how personal relationships drive improved business and policy outcomes then I’m not sure I’ll be able to teach you.

Elon has had an abysmal cv-19 crisis from the perspective of company pr, employee morale and his handling of public officials. Whether this affects long term demand and efficiency is yet to be seen. One can only imagine how the tantrum on leaving California immediately is seen by the average Tesla employee.

He remains the most brilliant product designer out there. But he is becoming a complete liability as CEO. Trouble is no one could effectively do the job of ceo with him still at the company.

I’m at the point now where I’d prefer to see him step back entirely and focus on SpaceX, but on retainer for product design. Not a popular sentiment on these pages. But this is a Tesla Investor forum, not the Elon Musk fanclub. A penny for the thoughts inside the halls of Baillee Gifford right now.

 

[SMAlset]

X tests per day is simply a strawman. In fact, the total test numbers are lower this week than last week.

Coronavirus (COVID-19) Data Dashboard - Novel Coronavirus (COVID-19) - County of Santa Clara

that’s info on Santa Clara County not Alameda County btw.

 

[feigen66]

that’s info on Santa Clara County not Alameda County btw.

Because Alameda county don't publish the total test numbers. These six counties are correlated. If the largest county of six cannot even hit it's own testing number, I don't see how Alameda could.

 

[Steve m]

X tests per day is simply a strawman. In fact, the total test numbers are lower this week than last week.

Coronavirus (COVID-19) Data Dashboard - Novel Coronavirus (COVID-19) - County of Santa Clara

I don't think it is a strawman. I am not putting words in the county health officers mouth.

The state defined a requirement of 150 tests per 100k people per day, the 6 bay area counties raised that to 200 tests per 100k per day. Alameda has 1.7 million people so the 3,400 number is correct. Alameda is currently doing 30 tests per 100k per day or about 510 tests per day in total. According to the SF Chronical.

If you have better numbers please state their source. I am interested. Your sources are for Santa Clara County not Alameda County where the Tesla factory is located.

 

[Dan Detweiler]

People rarely do things out of spite but if you don’t understand how personal relationships drive improved business and policy outcomes then I’m not sure I’ll be able to teach you.

Elon has had an abysmal cv-19 crisis from the perspective of company pr, employee morale and his handling of public officials. Whether this affects long term demand and efficiency is yet to be seen. One can only imagine how the tantrum on leaving California immediately is seen by the average Tesla employee.

He remains the most brilliant product designer out there. But he is becoming a complete liability as CEO. Trouble is no one could effectively do the job of ceo with him still at the company.

I’m at the point now where I’d prefer to see him step back entirely and focus on SpaceX, but on retainer for product design. Not a popular sentiment on these pages. But this is a Tesla Investor forum, not the Elon Musk fanclub. A penny for the thoughts inside the halls of Baillee Gifford right now.

Well, then as a Tesla shareholder wanting to see Elon "step back entirely" I'm sure you're aware of the following chart for the last week since Elon's last "tantrum" as you put it.

 

[feigen66]

People rarely do things out of spite but if you don’t understand how personal relationships drive improved business and policy outcomes then I’m not sure I’ll be able to teach you.

Elon has had an abysmal cv-19 crisis from the perspective of company pr, employee morale and his handling of public officials. Whether this affects long term demand and efficiency is yet to be seen. One can only imagine how the tantrum on leaving California immediately is seen by the average Tesla employee.

He remains the most brilliant product designer out there. But he is becoming a complete liability as CEO. Trouble is no one could effectively do the job of ceo with him still at the company.

I’m at the point now where I’d prefer to see him step back entirely and focus on SpaceX, but on retainer for product design. Not a popular sentiment on these pages. But this is a Tesla Investor forum, not the Elon Musk fanclub. A penny for the thoughts inside the halls of Baillee Gifford right now.

I envy you have such simplicity view of the world. My company dealt with FDA on daily basis to get trial. It doesn't matter how cushy washy your personal relationship with FDA, your competitors could find any unimaginable way to delay your trials.

In the business world, personal relationship rarely matters. It's money and law suit. You need to be strong enough to stand on your own feet otherwise your personal relationship only gain you empty sympathy.

 

[feigen66]

I don't think it is a strawman. I am not putting words in the county health officers mouth.

The state defined a requirement of 150 tests per 100k people per day, the 6 bay area counties raised that to 200 tests per 100k per day. Alameda has 1.7 million people so the 3,400 number is correct. Alameda is currently doing 30 tests per 100k per day or about 510 tests per day in total. According to the SF Chronical.

If you have better numbers please state their source. I am interested. Your sources are for Santa Clara County not Alameda County where the Tesla factory is located.

Strawman I mean there are too many red tapes to get testing and it artificially suppresses the tests they could administrate. The lab can process far more samples than we currently collect.

To get free testing you need to meet certain criteria otherwise ~$180 fee. You also needs to make appointment and referral by your physicians. It takes easily hours per person just to go through the hoop before even getting a test.

We simply don't have enough people sign up for testing right now.

 

[mickle]

I don't think it is a strawman. I am not putting words in the county health officers mouth.

The state defined a requirement of 150 tests per 100k people per day, the 6 bay area counties raised that to 200 tests per 100k per day. Alameda has 1.7 million people so the 3,400 number is correct. Alameda is currently doing 30 tests per 100k per day or about 510 tests per day in total. According to the SF Chronical.

If you have better numbers please state their source. I am interested. Your sources are for Santa Clara County not Alameda County where the Tesla factory is located.

The testing quotas are silly. If less people are getting sick, less people will ask to be tested. Unless they are going to start pulling random people out of their homes and cars just to meet the testing requirement.

 

[feigen66]

The testing quotas are silly. If less people are getting sick, less people will ask to be tested. Unless they are going to start pulling random people out of their homes and cars just to meet the testing requirement.

That's what I am seeing now. If you go to any testing sites, there rarely a line. To drive up the number, county need to start testing random people.

 

[Singer3000]

Well, then as a Tesla shareholder wanting to see Elon "step back entirely" I'm sure you're aware of the following chart for the last week since Elon's last "tantrum" as you put it.

View attachment 540288

Funnily enough for someone that owns Tesla stock and is writing on this investor forum, yes I am aware of the stock price. It is still possible to believe that Musk’s current behaviour is a long term drag on the company’s valuation.

It surprises me how few people here are able to recognise when Musk makes a mistake, of which recently there have been many, even while the company’s stock has prospered from the market’s slow appreciation of the many previous brilliant decisions.

 

[CaliBear1]

All great points. Accordingly, plan on stock dropping on Monday.

Definite positive reaction tomorrow in my opinion:

1) It shows Tesla is seeing huge demand to be so desperate to get the factory open.
2) This makes it way more likely Alameda County will quickly allow the factory to re-open.
3) It shows Tesla has a CEO who will do whatever it takes to get results.

 

[Dan Detweiler]

Funnily enough for someone that owns Tesla stock and is writing on this investor forum, yes I am aware of the stock price. It is still possible to believe that Musk’s current behaviour is a long term drag on the company’s valuation.

It surprises me how few people here are able to recognise when Musk makes a mistake, of which recently there have been many, even while the company’s stock has prospered from the market’s slow appreciation of the many previous brilliant decisions.

I guess we would have to define the word "mistake".

Dan