Not to worry- I threw salt over my shoulder while dancing a jig under a horseshoe as I typed that post.No need to ruin things..
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Not to worry- I threw salt over my shoulder while dancing a jig under a horseshoe as I typed that post.No need to ruin things..
V2G does practically nothing for a South California and areas with good climate, stable utility services.
Gamechanger and life saver for some regions like Texas where power was knocked out.
Was amazing to hear stories of people keeping their babies warm by staying inside their Model 3.
Equally heartbreaking to hear stories of those who lost their families by running ICE engines in their closed garages.
Tesla finally proves that it's a big, fat zero!
I am very positive on Berlin . Why do you think I am negative? I am however tired of people blaming the German govt for the slow launch. I think the slow launch is at a tactical requirement. The govt is not the constraint rather it is supply chain. Putting a gf in Brandenburg was brilliant and ballsy. I might have put it somewhere else but it worked out fine, the supply shocks offset any issues due to govt. everything is slowHere we are again, I don't understand your negativity against Germany/Berlin, but you are simply wrong. Have you actually ever been to Germany/Europe?
I actually don't have the energy to detail a counter-argument to you, so 4 quick bullet points:
- Land: the reason the site was offered to Tesla / Tesla chose it is that it was previously intended for a BMW plant, and a lot of the preliminary permitting groundwork had been done already. It is located next to a major east-west and north-south highways for road-access, as well as a direct rail-link onto the site
- I don't think we need to talk about its location vis-a-vis the market - considering shipping logistics: see above. (there is no need to be located near a harbor, since GigaBerlin will manufacture for Europe first and foremost, and that is all reachable over land
- While Berlin is not traditionally a hub of automotive talent, it is a a popular location for young people to live, and the close proximity to Poland (and the "automotive corridor" Wroclaw - Katowice - Krakau for sub-suppliers) for Polish laborers
- The German government is more supportive of Tesla than you can imagine. Please do not confuse the painful duration of the final permitting process with a lack of support in the government - also Elon does not want subsidies
Giga UK - have you heard of Brexit? Also, other than their own market - the nearest other right-hand drive countries are closer to Shanghai than the UK, or indeed India.
Politics - Spain (no offense to our Spanish friends here), Poland - - Also, there's a serious skilled labor shortage in Poland. It's all left to other countries in Europe for better working conditions and pay. Poland imports cheap labor from Belarus and Ukraine. The high-skilled engineering and tech employees that Tesla requires will not relocated to Poland.
Aarrgghh.....I used more of my energy than I wanted.
Please - let's stop this anti-Berlin/Germany rhetoric.
Thanks.
I question that. Granted-EVs by their nature overall are simpler, with fewer components and systems, and likely take fewer employees to produce. But within that framework, Tesla is, overall, likely to have more direct employees than GM. Tesla is highly integrated and (I believe) builds a higher content of the components used in their cars than other company. GM in turn outsources a large portion of their component manufacturing. They especially outsource a disproportionate part of their component production to foreign manufacturers. This leads to Tesla being the "most American car" with the highest percentage of US made content of any car maker. They don't seem inclined to change that, if anything going the other way and building more in-house.
The takeaway? If GM goes under, those jobs aren't lost. They may be displaced, moved to other parts of the country. But not lost to the US-assuming that it is a US manufacturer that picks up this volume. And if it is Tesla that picks up the volume of cars GM loses, likely there will be more American jobs, not less. Now, if our government chooses to yet again meddle in the free market, to try to pick winners and losers, to punish successful, innovative, progressive companies, and reward slow-moving, entrenched ones that are afraid to take risks, to innovate; they don't help the poorly run companies, who are doomed to failure anyway. All they do is harm the successful ones. And that, in turn, leads to fewer jobs, and a higher number of imported products and damaged US industries.
Until retail stops buying options and using margin (gambling) this will continue. But (most) retail gets greedy and ends up giving money to the house.Seems like "smart money" is being a douchebag swallowing retail's money by generating volatility rotating money around(because they literally can't put it anywhere else). This is what I call reverse Robinhood because retail would either buy options because they are too poor to buy shares, or sell on fear/buy on fomo.
So yeah everything should be priced in, but due to high retail participation I believe smart money is trying to generate profits off the situation. So everything is pretty much fake news.
The production workers are all going to be UAW, which will pretty much halt any innovation or rapid change. That makes only two out of four.I think the Michigan/ Ohio area covers 3 out of 4 of these quite well. The incentives aren’t necessarily there locally, but if it would help swing federal policy it amounts to the same thing.
I’m not entirely sure about engineering talent. I agree, Tesla isn’t likely shopping for ICE engineers.
It's been exposed many times (even Cramer did it), but everyone with power and authority makes money from the current corrupt system, so there is no incentive to change it.
You have it all wrong.No mention of the Bolt or it's closed factory at all in GM's earnings call, I think it might truly be dead and buried at this point.
With that in mind, I honestly do think GM will sell less EV's in Q1 2022 than the (26) they sold in Q4 2021!
In US terms since the Buttonwood tree market makers have manipulated. technically the system(s) were not "set up to trust them". They were developed to improve liquidity and standardize tools of the trade. It is only by inference and political positioning that any reference to individual shareholders exists at all.Market makers have a lot of tools available to raise and lower prices at will. The reason for this is the system is set up to trust them. However, those of us who have been paying attention know the MM's are not trust-worthy. Money talks, ethics walk.
ADP jobs figure came in much lower than expected. Could be a good thing tho as it may temporarily moderate Fed tightening. Rates down a bit.Er, what just happened in premarket?
ETA ignore me, just a glitch on Marketwatch I think
It's not that I'm staring at charts and tickers all day. Oh no, I've got much better things to do.
Honestly
It's doing a Tesla Master Plan Part Uno - let the deep pocketed folks pay for the R&D and production ramping now that the concept has been proven to be solid. Deep pockets aren't hard to figure, traders of all kinds (recall NYC to London is faster via Space than buried fiber cable, so the HFT and hedge funds will love the ability to shave another few milliseconds in colocated server rooms - for their totally senseless profit making off trade flow), and the military. Rock on!
FYI - it's about 5X the price of the single dish ( $2,500 hardware, $500 /mo ) for those interested
Elon Musk said:Those are the two sort of deals we’re doing- Where a 5G licensee has a rural requirement from the government, or where they do have 5G towers but the difficulty is backhaul.
You talk too much about things you know nothing about. In and of itself it’s not an issue and you’d just be relegated to windbag status in people’s minds, but this is an investment thread dedicated to Tesla and TSLA for over a decade that prides itself on truth and accuracy, and much of what you flog with an authoritative air is straight up misinformed and ignorant opinion, not fact. And that is a problem. So kindly stop. Stick to what you really know about. Hint: Berlin et al is not one of those topics.Berlin has really only 1 of your 4. Land.
Shipping logistics for Berlin is not great, the auto talent is not in Berlin, the govt...haha ha .
Berlin was chosen to stick a knife in the German OEMs. Poland would have been better for many things. Spain for others. The UK for more as well. Berlin was all about politics.
Regarding engineering talent-I'm not sure where Tesla is now doing it's primary product engineering and development. Has that moved from CA to TX? In either case, at the production facilities, they likely have little need for engine(motor) and drivetrain engineers. They will need manufacturing, process, industrial, controls and tooling engineers to bring an assembly to life and support production activities. Those would be readily available in the MI/OH area, and I suspect those at legacy companies would jump at a chance to work at Tesla. Thing is, Michigan and N. Ohio face a few concerns. One is the "brain drain" from the rust belt to the SE and TX, areas that are becoming manufacturing meccas. They also face weather concerns-long, cold winters drive heating costs, snowplowing costs of employee parking lots, degradation of facilities, as well as challenges with transportation and the ability of employees to get to work (I grew up not far from Buffalo and remember it all too well). The other issue involved transportation-Ohio in particular embraces toll roads. I don't recall them in MI though. If you are going to transport by truck, anything built in MI will require a toll road out in OH or IL. In the overall scheme of things, I'm not sure how big an impact those things are.
From a transportation standpoint, MI isn't well suited. It's not centrally located, bounded by water at least in part on 3 sides, and a foreign nation. To serve the populous east-coast markets, it would make more sense to locate in the mid-Atlantic states, or perhaps southern OH. Many of those states are more business friendly and lower tax as well.
Flip side, as far as geography and access to markets, Austin certainly isn't exactly centrally located, nor anywhere close to larger Eastern markets. Yes, TX is the 2nd most populous state in the nation, but it's still very spread out and doesn't have the population of the entire Eastern seaboard area. So perhaps that's not that big an issue.
ADP jobs figure came in much lower than expected. Could be a good thing tho as it may temporarily moderate Fed tightening. Rates down a bit.
Curious if inventories built up why do people report shortages of items? Then again the shortages may not be real, just political.I think the probability of recession this year is over 50%. It’s just mathematics of the huge buildup in inventories during the second half of last year.
Interestingly, even if the quarterly growth figures average 0% this year it will still produce a ~2.6% yoy growth figure.
Elon mentioned that Austin was chosen primarily because that was one of the few places top engineering talent would move to from California. It's likely Berlin played into a similar thought process for the European factory. Berlin might not have the engineering talent, but it would be considered a positive for engineers who want to move for a Tesla job. Berlin is a true global city - It's unlikely as many top engineers would be willing to move to 2nd/3rd tier cities being discussed here.
Secondary factors were mentioned as regulations/location/logistics.
Source below:
Elon Musk explains why Tesla chose Austin for the Gigafactory and makes more Cybertruck revelations - Tesla Oracle