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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
ZachF
Active Member
Another napkin math rule of thumb:
It takes about 20-25m EVs on the road to remove 1mbpd of oil demand.
Stretch2727
Engineer and Car Nut
Really surprised with the confidence here. Then again Mary B. was confident the Bolt would out sell the Model 3.
www.wsj.com
GM Reinstates Quarterly Dividend Suspended Since Start of Covid-19 Pandemic
Executives say progress on key initiatives gave the company confidence to reinstate the quarterly dividend and resume share repurchases.
www.wsj.com
So at 88 million barrels per day, that cuts demand by 1/88, or about 1%.
If Tesla hits its 20m per year goal they will only displace 1% per year. We really need the other automakers to step up.
This snowballs so fast and the fossil companies are in complete fear of it.
Oil is priced at the margins. Have an excess of a million per day, the price collapses after a couple of months.
They see it coming, one of the reasons they have been so slow to boost production during the past few months. They know that when the cuts come they will be relentless. It is their intention to keep supplies as tight as possible to maintain pricing power for what they do sell.
We should actually root for them to manage this, unfortunately. High oil prices keep the producers calmer, so they don’t look for wars to start. Also makes renewables all the more the easy choice.
How about paying back taxpayers for the bailout first...?GM Reinstates Quarterly Dividend Suspended Since Start of Covid-19 Pandemic
Executives say progress on key initiatives gave the company confidence to reinstate the quarterly dividend and resume share repurchases.
Artful Dodger
"Neko no me"
Remember that Elon said he'd be shocked if Tesla hasn't delivered 100M cars within 10 years? That's not chicken feed, and it will hit demand (esp. for diesel for heavy trucks). The economics are just too compelling.
Very deceiving move on Mary's part:Really surprised with the confidence here. Then again Mary B. was confident the Bolt would out sell the Model 3.
GM Reinstates Quarterly Dividend Suspended Since Start of Covid-19 Pandemic
Executives say progress on key initiatives gave the company confidence to reinstate the quarterly dividend and resume share repurchases.
1) They are not reinstating the dividend that was suspended in April 2020. That dividend was .$38. The reinstated one is $.09.
2) There is no requirement or obligation for any of the "boosted" buyback to be executed any particular timeframe, if ever
3) Even the mention of the "return of excess capital to shareholders" is disingenuous. Other than the $.09 per quarter, there is very little chance of excess capital being returned any time soon, if ever.
jeewee3000
Active Member
Shareholder meeting.
Important note is that he said in ten years (starting now, so summer 2032). TSLAQ twisted this into "2030", turning it into something Elon hasn't said at all.
larmor
Active Member
High oil prices keep the producers calmer, so they don’t look
It should be easy for Tesla to do this part .... increasing the size of its opportunistic share repurchases (currently at $0)
opportunity to buy shares when MM decide to play games ...
Not sure, but on September, 3rd of 2020 (briefly after the first split) this was reported (over 1.2M shares, orders of magnitude higher than the TSLA average):
20200902|88160R101|TSLA|1240984|TESLA INC COM STK (DE)|475.05
damonbrodie
Member
Well those EVs don't last one year
If a Tesla is on the road 10 years and they make 20M cars a year then it takes out 10% of oil.
This isn't confidence. This is an attempt to squeeze the company dry in preparation for the next bailout.Really surprised with the confidence here. Then again Mary B. was confident the Bolt would out sell the Model 3.
GM Reinstates Quarterly Dividend Suspended Since Start of Covid-19 Pandemic
Executives say progress on key initiatives gave the company confidence to reinstate the quarterly dividend and resume share repurchases.
Marry assumes all taxpayers are GM stock holders
Each 20 million EVs drops oil use by about 1%. Those same 20 million don't drop oil use by another 1% the next year.Well those EVs don't last one year
To keep dropping oil use by 1% each year you have to displace 20 million more ICE cars with another 20 million new EVs.
1% per year isn't fast enough. Tesla can't do this alone.
If they make 20m and half are Robotaxis and each Robotaxi displaces 5 cars (Musk’s estimate), it displaces about 3% per year.
That is why Robotaxi is so important. Autonomous Vehicles are more destructive to big oil than EVs.
TheTalkingMule
Distributed Energy Enthusiast
That's not how Germany works. Those industrial operations and workers will be protected thru this winter and expensive gas will be subsidized.
The alternative is what you describe above. They can easily avoid that, so they will.
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