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

[thesmokingman]

I'm not sure this story passes the sniff test. Why would IDRA group send a 9,000 ton gigapress from Italy to China when their owners, LK Tech, are based in China? One-off rush job? Why not build the 9Kt press in China?

LK Machinery | The World Premiere of Dreampress 9000-ton Giga Press die-casting machine | Oct 9, 2022

LK is the parent company. LK only recently last few years has LK fully purchased IDRA so they are still based in Italy.

 

[ItsNotAboutTheMoney]

And then you here people saying the price cut only causes a one week delivery wait time extra.
That’s the result after a few days… Let’s see next month

And that 2-5 week period includes Chinese New Year when the factory will be closed. So given a 1-week shutdown in December there might not be any movement at all.

 

[t153]

Wow, I recognized the avatar from this thread.
So sad and another reminder to everybody, in case they needed it, not to over-leverage themselves

Peter my husband took his own life

Peter Zakrzewski was very active on this forum. I saw him reading lines from this for years. He made millions on the back of those Wall Street sharks with the shorts. But he kept at it and lost everything. He took his own life on December 21 by jumping lions gate bridge in Vancouver head...

teslamotorsclub.com

Condolences Claudia @pz1975

 

[UltradoomY]

I'm not sure this story passes the sniff test. Why would IDRA group send a 9,000 ton gigapress from Italy to China when their owners, LK Tech, are based in China? One-off rush job? Why not build the 9Kt press in Ningbo? It's only 230 km by road to Giga Shanghai.

LK Machinery | The World Premiere of Dreampress 9000-ton Giga Press die-casting machine | Apr 23, 2021

Ever watch the movie "Contact" with Jodie Foster?

Why build one... when you can build 2 for double the price!

 

[Prunesquallor]

Uh, stonk…

Any theories?
News?
Macros?
Elon?
Reversal of the magnetic field?

 

[Ogre]

What if everyone assumed the 9000 Gigapress was for CT only, when it actually was meant for Gen3 also? 2in1 sort of thing.

There's no way they are making a CT for Asian market, makes no sense there.

The Cybertruck is definitely a long shot in Asia. Would likely be primarily exported from there, but I’m sure there is some local demand.

If this is for Tesla China; the next gen Tesla is almost certainly the end product. Unless there is some other unannounced product?

 

[Paul_SF]

Uh, stonk…

Any theories?
News?
Macros?
Elon?
Reversal of the magnetic field?

WS have secured the shares they needed. Now they will fleece the shorts on the way up, after fleecing the leveraged longs and weak hands on the way down. Obviously.

 

[ShareLofty]

Wow, I recognized the avatar from this thread.
So sad and another reminder to everybody, in case they needed it, not to over-leverage themselves

Peter my husband took his own life

Peter Zakrzewski was very active on this forum. I saw him reading lines from this for years. He made millions on the back of those Wall Street sharks with the shorts. But he kept at it and lost everything. He took his own life on December 21 by jumping lions gate bridge in Vancouver head...

teslamotorsclub.com

Condolences Claudia @pz1975

Wow. RIP. If you need help call 1-800-273-TALK and get some help

 

[Cobbler]

Uh, stonk…

Any theories?
News?
Macros?
Elon?
Reversal of the magnetic field?

 

[Ogre]

https://www.reddit.com/r/cybertruck/comments/106s3dv

This happens entirely too much.

If there is something interesting in the embed **SAY IT**. I’ve watched the spinny wheel as this thing failed to load and then watched some crappy low-res video twice and gotten zero from it.

What do you think this video means? Is it that hard to type a sentence for context?

 

[Mengy]

The Cybertruck is definitely a long shot in Asia. Would likely be primarily exported from there, but I’m sure there is some local demand.

If this is for Tesla China; the next gen Tesla is almost certainly the end product. Unless there is some other unannounced product?

I agree, the CT being built in Giga Shanghai doesn't make sense. If this second 9000T press is indeed going to Tesla then this is MASSIVE news, because it could really only be for the new compact Gen3 car. Very interesting....

 

[thesmokingman]

View attachment 893938

Ohh Kramer as usual the Kramer rule is to do the opposite.

 

[unk45]

Because The Boring Company is owned by Elon, not by Tesla? Why would Tesla answer a question about a private company on their company's earnings call?

The Boring Company is 90% owned by Elon, but not all of it. In this context we should be clear, shouldn't we? Control, absolutely, ownership, not quite.

 

[bpjod]

There's no way they are making a CT for Asian market, makes no sense there. The US is the largest market for trucks, that makes sense.

Reminds me of @The Accountant's parable from a few days ago:

“It’s early 1900’s. Two competing shoe companies want to expand their market reach.
So they each send their top sales guy to a third world country to scout out the potential.

After a day or so, Salesman #1 finds a telegraph office and types out:
‘Research complete. Stop. Situation hopeless. Stop. No one wears shoes here'.

Salesman #2 does his research and heads to the same telegraph office. He types out this message to his boss:
‘Research complete. Stop. Incredible opportunity. Stop. No one wears shoes here'.

Just swap "wears" with "drives" and "shoe(s)" with "truck(s)".

That said, I'd still put my money on it being for a subcompact car.

 

[CHGolferJim]

I agree, the CT being built in Giga Shanghai doesn't make sense. If this second 9000T press is indeed going to Tesla then this is MASSIVE news, because it could really only be for the new compact Gen3 car. Very interesting....

Would it make any sense for CT to Australia?

 

[Mengy]

Would it make any sense for CT to Australia?

I doubt there's enough demand for the CT outside the US to warrant an overseas factory, it would be much more efficient to simply make more CT's in Austin (build a second line maybe) and export them.

No, if this is a Tesla press and it is indeed going to China then I feel it must be for something other than CT. The 3/Y don't need it, neither would the S/X, so it's most likely for a NEW vehicle IMHO. Which would be the compact car, or Gen3 car. Or the Model Q.

 

[Captkerosene]

Warren playing snakes&ladders ... selling BYD and buying TSLA

Buffett has a thing called his "too hard pile." Most of his investments are basically toll bridges. He doesn't shoot "fish in a barrel" ... he "dumps 'em out, waits for them to stop wiggling around and then shoots 'em." With that in mind, I still think it unlikely that Buffett is buying TSLA ... but it's far more likely now than a year ago.

Buffett/Munger/BRK invested in BYD because they have a great CEO - not because they love the business. They like businesses that "any idiot could run ... because eventually one will be."

 

[elasalle]

I doubt there's enough demand for the CT outside the US to warrant an overseas factory, it would be much more efficient to simply make more CT's in Austin (build a second line maybe) and export them.

No, if this is a Tesla press and it is indeed going to China then I feel it must be for something other than CT. The 3/Y don't need it, neither would the S/X, so it's most likely for a NEW vehicle IMHO. Which would be the compact car, or Gen3 car. Or the Model Q.

It seems it's goona take high vol Model Q to destroy TSLAQ
March 1st ....

 

[gtrplyr1]

A compact Gen3 car is absolutely essential for certain markets. I have no doubt one is in the works but it's just a matter of time before Tesla chooses to roll it out. People in many parts of the world do not need the kind of range found on Model 3 nor do they need the size as parking would be a nightmare.

As far as cannibalization, I have no doubt Tesla could have HIGHER margins on these smaller cars due to smaller batteries (most expensive component).

I'm sure the sub 30k car is still a long term goal for Elon and I think the business is at a point where this can actually happen. It will be, yet another, game changer.

 

[thesmokingman]

A compact Gen3 car is absolutely essential for certain markets. I have no doubt one is in the works but it's just a matter of time before Tesla chooses to roll it out. People in many parts of the world do not need the kind of range found on Model 3 nor do they need the size as parking would be a nightmare.

As far as cannibalization, I have no doubt Tesla could have HIGHER margins on these smaller cars due to smaller batteries (most expensive component).

I'm sure the sub 30k car is still a long term goal for Elon and I think the business is at a point where this can actually happen. It will be, yet another, game changer.

Yea, it's absolutely the most crucial car to getting to that 20m yearly goal.