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so i guess we’re supposed to be scared by this, as if we haven’t seen this tactic before.
it’s been a little while but it’s not new.
So 2 months have passed since the stock split without any gains now
This is today. Probably have a bit to do with tsla drop.
I have move than enough $TSLA but this time even I bought the dip.
Rough math...
Current Model 3 price 38K
Margin 20%
Cost to produce 30,400
Battery Pack 55 kWh - $100 per KWh = 5,500
Cost of rest of car = 25k
Savings from casting etc 3K -22K..
Battery $50 per kWh. = 2,750
Cost to produce = approx. 25k
Add 20% margin $31,250
My maths might be wrong, but 25K seems a long way away...
Gary Black speculating that this is why we are down today (warranty bumper issue on Model 3). FUD machine at work I guess.
https://twitter.com/garyblack00/status/1318554758760833025
Yes. Maybe $150 per car including labor to fix a car before the issue happens. Only $2000 after the bumper has been ripped off.Of course he is part of the problem. He is calling it a recall and estimating it is going to cost Tesla almost a billion dollars. But it isn't a recall, at least not at this point. Also, his cost estimate at $3,800/car is way too high.
He must have already sold his covered calls for the week.Gary Black speculating that this is why we are down today (warranty bumper issue on Model 3). FUD machine at work I guess.
https://twitter.com/garyblack00/status/1318554758760833025
Which ones?I'm with you! Just picked up 10 more calls myself.
Get em' while they're hot boys and girls.
Gary Black speculating that this is why we are down today (warranty bumper issue on Model 3). FUD machine at work I guess.
https://twitter.com/garyblack00/status/1318554758760833025
So they can use the original bumper and fix the problem?Yes. Maybe $150 per car including labor to fix a car before the issue happens. Only $2000 after the bumper has been ripped off.