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I thought this happened already. Another round? 22K work in Austin before layoffs. When all is said and done the layoffs will company-wide will be closer to 20% or 25%. Tesla will definitely be leaner.
Holy *sugar*! You gotta be rich as hell right now. Long from 2019-21 and then short? Why aren't you out enjoying your riches?No offense, but I know what's being said. Not just a car company etc etc. I was an investor back in 2019-2021, now I'm shorting the stock. I'm looking at actions, not words.
Cars - no serious volume increase in sight due to no new models being launched. Competition (especially in China) seriously ramping up. But without a serious software component, there's no 450B business in 2024.
Charging network - valuable, but a commodity. Slowing EV adoption slows down revenue growth from supercharging, even without any competition. Essentially you can model their supercharging revenue growth rate by taking new EV sales and applying a correction factor. Someone can probably work it out quite reliably, but it's very low margins since the barier of entry is so low.
Western EV company selling in China - how is that not factored into the price through their sales? Arguably the biggest benefit Tesla is getting out of China is the ability to compete on manufacturing costs with the local manufacturers.
But yes, agree to disagree!
We will see how this chart looks at the end of the year. Energy continues to grow at a rapid pace? Awesome. My point is, looking at Tesla now, it is a car company.
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The Canada version says 460hp. Is that normal to have 2 different HP/performance?
I am inherently optimistic, despite all that experience. In a way, because of it. In the worst situations (more than three civil wars during my tenor in odd places, and still can imagine most humans actually want to be better than they appear on the surface. Exacerbating optimism is that superficiality that effectively destroy understanding....
You should know by now, at your mature age , people suck. This thread is a mini version of how the human race moves through its existence. Despite a few bright spots, we are a disgusting species.
And Clean Vehicle Credit eligible!
Wait... how many times did Gene say "Pressure Point", like about 8 times?Yaay!! Good summary:
The Delaware Chancery Court reorganization effectively destroyed their advantage. OTOH, betting on a new State without an established record and with a distinctly negative attitude towards Tesla from the rarely meeting Texas legislature. That move is done without anything offered from Texas to ameliorate business conduct, specifically sales. That seems odd. Leaving Delaware is simply part of the continuing corporate flight. With a legislature intellectually dominated by auto dealers, is that a wise bet?From what I've read here, Texas is a wild card as they are just now starting to position themselves in league with traditionally preferred states like Delaware (formerly) and Nevada as choice locations for businesses to incorporate.
Texas has yet to prove themselves over time with support of legislators and courts toward providing a safe haven for incorporated businesses.
Boring Co reincorporated in Nevada earlier this year, SpaceX reincorporated in Texas around the same time.
It is curious what led to the choice of Texas for SpaceX and Tesla, other than goodwill towards the state in the hope of reciprocation should push come to shove in the courts. It seems more like a bet more than a strategy, but, is likely still a better wager than either of these companies staying in Delaware.
There is every chance that Texas could earn business-friendly status for incorporation over time.
The blush is off the rose for Delaware, and I expect their time-honored reputation has been irreparably tarnished.
Didn't someone mention recently that if this was the news today, the stock would dump?
146.75Didn't someone mention recently that if this was the news today, the stock would dump?
No comment, just observing.
Are you actually serious?
It's very naive to think that anyone would try to influence the market by going on a forum.