TrendTrader007
Active Member
Sweet! If $150 is not the bottom then I don’t know anything anymore. Elon blinked and bottom is in.
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Articles on why this is bad news for Tesla in 3 2 1 …Poll just closed. Final results:
Elon Musk @elonmuskShould I step down as head of Twitter? I will abide by the results of this poll.
- Yes 57.5%
- No 42.5%
17,502,391 votes·Final results
TSLA Pre-Market Quotes Live
This page refreshes every 30 seconds.
Data last updated Dec 19, 2022 06:24 AM ET.
Consolidated Last Sale $157.50 +7.27 (+4.84%) Pre-Market Volume 1,856,795 Pre-Market High $158.2 (05:55:50 AM) Pre-Market Low $152.55 (04:00:00 AM)
QQQ is +0.50% right now (positive macros)
GL2ALL!
Articles on why this is bad news for Tesla in 3 2 1 …
Funding secured?No - seems clear to me, he is looking to convert the debt to equity. The burden of interest of the debt is too much on Twitter now.
So, he has to mend his ways to attract new equity. They would also want a new face to attract ad revenue. They would also probably want Elon to stop sh*t posting. He is too unpredictable to put your billions into Twitter now.
This is actually a very big deal for Elon - how this Twitter saga ends will dictate his ability to raise capital going forward (atleast for new ventures).
The earlier Reuters article said "planning to operate 36 semis".Looks like Pepsi is already operating 36 Semis?
Poll just closed. Final results:
Elon Musk @elonmuskShould I step down as head of Twitter? I will abide by the results of this poll.
- Yes 57.5%
- No 42.5%
17,502,391 votes·Final results
TSLA Pre-Market Quotes Live
This page refreshes every 30 seconds.
Data last updated Dec 19, 2022 06:24 AM ET.
Consolidated Last Sale $157.50 +7.27 (+4.84%) Pre-Market Volume 1,856,795 Pre-Market High $158.2 (05:55:50 AM) Pre-Market Low $152.55 (04:00:00 AM)
QQQ is +0.50% right now (positive macros)
GL2ALL!
Technically yes. Quality wise Freemont is. It seems the mentality or the exploit them too hard there.I think Fremont can handle S/X volumes…they could just do local assembly like in past( in holland)
I thought Europe wants a hatch back?
There are a few misconceptions in your post in my opinion:I think its great news that the S and X are also likely to be Berlin-made. I agree that fremonts model S... is a bit of a quality control disaster, or at least was when they threw mine together in 2015 .
In general, I reckon we underestimate demand for S/X for a bunch of reasons:
1) A lot of luxury car owners are old men. Not necessarily known for their openness to new brands, and new styles. This is gradually changing. I definitely know a few people who drive porsches/jaguars/landrovers who are slowly coming around to EVs and to Tesla as a reliable/high performance option
2) There are obvious expansions to any market where there have previously been waiting lists. Being able to order one today and buy it today will unlock higher demand.
3) The early S/X had bad built quality. Lets not pretend otherwise. This seems way better now, especially China/Berlin built. That also unlocks higher demand.
4) I know people in the market for high end cars who have also been waiting 'for the tech to mature'. This is laughable to us, but to a lot of people, EVs have only just started to become a viable choice.
To emphasize 4) one of the beuaties of having a mass market model 3/Y, is you have to build out the charging infrastructure to support it. That means you have a luxury range (S/X) that benefits from the sort of charging network that could never be justified for a pure luxury brand.
In the early days of my model S ownership, we were often frustrated by inconvenient charging, but put up with it as early adopters. A lot of wealthy luxury car people wouldnt have done that, but now they will not have to.
TL;DR: Porsche will never be able to offer their customers a charging network as good as Teslas, because there is no cheap Porsche in the mass market.
When I am analyzing potential S/X sales, I just assume that eventually Tesla destroys* Jaguar, Porsche, Lexus and BMW and Mercedes as luxury car brands and takes their entire market share. This may take time, but still looks inevitable to me.
*maybe they will persist as extremely niche, stupidly overpriced small-production cars owned by people who just cant stand elon musk.
I doubt it.Sweet! If $150 is not the bottom then I don’t know anything anymore. Elon blinked and bottom is in.
I doubt it.