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

[Artful Dodger]

So this is what was under the big tent that was spotted by Joe Tegtmeyer on Wednesday: the first ever Megapack Installer Day.

https://twitter.com/x/status/1786190526691033576

 

[DarkandStormy]

If you look at the trend, Tesla is growing AI spending faster than the Big 4 AI. If they spend $10B in 2024 on AI as projected, that will be more than a doubling over 2 years. None of the Big 4 AI players can beat that.
View attachment 1043688

So....as I said, still a lot less the other companies.

Fwiw, Tesla spent about $1bn in Q1.

 

[Webeevdrivers]

Wife and I just got our notices from RBC securities for the vote. Thought it would be earlier. All good.

 

[2daMoon]

So this is what was under the big tent that was spotted by Joe Tegtmeyer on Wednesday: the first ever Megapack Installer Day.

https://twitter.com/x/status/1786190526691033576

I bet the Tesla crew spent the whole day answering questions about the Supercharger layoffs and whatever Elon posted on social media.
/s

 

[Stretch2727]

OT but kind of funny if you have been following the CT frunk cutting vegetables.

Turns out each closing of the trunk without latching increases the force. YouTuber almost cut his finger off repeatedly using without latching.

A representative from Tesla finally jumped in and explained what's happening.

https://twitter.com/x/status/1786086164589347309

 

[Musskiah]

“None of the Big 4 AI players can beat that.”

This is an absurd statement on par with saying Tesla cant beat smaller EV manufacturers because one may have doubled sales year on year from 10k to 20k.

The “big 4” are spending somewhere between $7 Billion to $10 Billion per quarter each on AI infrastructure, while Tesla spent ~$1 Billion in Q1.

Is it? Or is it 2018 all over again? When everyone said it was absurd that Tesla could compete with Big 3 auto. And here we are...

 

[2daMoon]

OT but kind of funny if you have been following the CT frunk cutting vegetables.

Turns out each closing of the trunk without latching increases the force. YouTuber almost cut his finger off repeatedly latching.

https://twitter.com/x/status/1786086164589347309

That is absolutely brilliant!

Tesla built an IQ test into an automatic Frunk lid!

 

[Musskiah]

So....as I said, still a lot less the other companies.

Fwiw, Tesla spent about $1bn in Q1.

Yes, we know

 

[Captkerosene]

got my CT VIN today !!! for 2/15/24 order ..LFG
just happened to look at app this AM not sure how long it has been there .. no call or email from Tesla good to see the lack of customer service has not changed /s

I've been driving a CT for a few days now. I can honestly say that it's a spectacular vehicle. Tesla hasn't lost its touch for making superior products.

 

[⚡️ELECTROMAN⚡️]

if you currently drive you car to work each day, what do you pay for parking?

$12, but I need a place to take a nap, and that's worth $12, and I live in my mom's basement and she pays for electricity, so I'm out.

 

[Musskiah]

$12, but I need a place to take a nap, and that's worth $12, and I live in my mom's basement and she pays for electricity, so I'm out.

Mom's basement is the greatest

 

[jkirkwood001]

I scrolled quickly by the last few pages of annoying arguments between two members who should know better - at least for boring us with their pissing contest - and realized nobody has mentioned our amazing green day! Whoo-hoo! Up +0.01%! I'm up... (checks dynamic Sheet)... three figures. Sweet.

AND we broke $180!! Let's pop the Prosecco!

 

[Musskiah]

Tesla cutting another 26 jobs at Buffalo plant after ending Supercharger work

The latest job cuts, which are on top of 285 positions that were eliminated at the local plant in cutbacks announced last month, are only a modest part of the 500 jobs that Tesla is eliminating companywide by disbanding its Supercharging operations.

buffalonews.com

26 more jobs eliminated today. It's becoming a near-daily occurrence.

EDIT - unclear if this is in addition to or part of the 500 SC team firings.

Buffalo installing Halfa$B DOJO. Gigafactory 2 becomes data center. Supercharges/Solar out, AI In. MasterPlan X.AI

 

[⚡️ELECTROMAN⚡️]

Yes, we know

What did he say? I must know

Wife and I just got our notices from RBC securities for the vote. Thought it would be earlier. All good.

and...

 

[Musskiah]

Every once in a great while even Bloomberg gets it right The Elon Musk-India-China Love Triangle

 

[Musskiah]

What did he say? I must know

I will not feed the trolls

 

[⚡️ELECTROMAN⚡️]

So what's the consensus? Are we voting yes or no?

 

[Tachyon]

So what's the consensus? Are we voting yes or no?

YES.
We cannot break a promise .
Yes, I wish Elon sold his shares differently than dumping in the open market . I wish he never bought the birdie. I wish he doesn’t tweet political stuff as he is the face of Tesla . But these issues don’t give us the right to break a deal once made in good faith and promised compensation .
We can always try to have the board draw up guidelines for handling of future compensation and share sale etc .
A promise is a promise and a Deal once made cannot be rescinded unilaterally .

 

[SpaceNuts]

There's been a lot of speculation around Tesla pivoting hard to AI/FSD/RoboTaxi over the last few weeks. It feels more risky because dumb EVs have done us very well over the last few years, but after some soul searching I think it's the right thing to do to swing for the fences to make a product that is seriously differentiated and hard to copy.

Look at what China is pumping out at $20k already. There's no avenue for wide margins with dumb EVs. Avoiding a race to the bottom on manufacturing costs is a good idea.

Wow, amazing. They can get a car out for $24k with 0-60 at about 3.5 seconds, a lidar, and 48 inches Led screen.

But this car would not be able to compete with a Tesla model 3 with FSD.

I can see the reason that Elon is going for FSD.

 

[Knightshade]

YES.
We cannot break a promise .
Yes, I wish Elon sold his shares differently than dumping in the open market . I wish he never bought the birdie. I wish he doesn’t tweet political stuff as he is the face of Tesla . But these issues don’t give us the right to break a deal once made in good faith and promised compensation .
We can always try to have the board draw up guidelines for handling of future compensation and share sale etc .
A promise is a promise and a Deal once made cannot be rescinded unilaterally .

Same- that one wasn't even a question for me.

Neither was voting NO for Kimball "dumped at the top" being reelected to the board.

The incorporation move was the only tough one for me--- if it had been to Nevada it's a no-brainer yes, they've got a solid established history of good corporate law and courts familiar with this stuff. Texas not so much.