shrspeedblade
Rideshare Monkey
I was thinking today, "Couldn't they at least take Thanksgiving off!"
Then I remembered how much they've lost this year, so they probably need to work holidays.
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I was thinking today, "Couldn't they at least take Thanksgiving off!"
Then I remembered how much they've lost this year, so they probably need to work holidays.
Off Shore
Off Topic Member
anthonyj
Stonks
Tesla is the only stock that makes absolutely no sense. On Monday we fly up to $366 with high volume. Every other stock was being killed. The pop faded, but Tesla showed relative strength compared to other tech stocks. Today we gap up but then bleed while the Nasdaq was up over 1% the whole day. I don’t understand. Really screwing with my brain. The price action seems man made.
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Carl Raymond
Active Member
I get super excited about this. At first glance it looks like a 34% increase. But where was break even volume? Let's take a stab that it was at 305,000. So at 335,000 they produced at 30,000 over break even. At 450,000 they are 145,000 over break even. That's a 480% increase in profit.
gene
Supporting Member
Last senatorial special election is coming next Tuesday. This effects TSLA, as you will understand if you look at the stark differences between the republican ultra conservative racist and Espy the democrat. https://www.clarionledger.com/story...mith-mike-espy-said-before-runoff/2012159002/
I've sent Espy some $$ to help out. He has a good chance to win as young folks have been turning out. If you can send a few bucks, it may come back to us in TSLA karma! Mike Espy for U.S. Senate
I've sent Espy some $$ to help out. He has a good chance to win as young folks have been turning out. If you can send a few bucks, it may come back to us in TSLA karma! Mike Espy for U.S. Senate
Keep in mind some mix of those will be lower margin Lemurs.
Isn't the margin difference extremely negligible? I believe it is.
Carl Raymond
Active Member
Agreed. I square that off with further improvements in labour productivity and declining battery costs.
Could it be that today’s drop is a result of lower oil prices courtesy of Saudi Arabia paying off Trump?
anthonyj
Stonks
Carl Raymond
Active Member
Weak. That's the only way to describe those weak longs.
anthonyj
Stonks
Papa Elon’s cooking some shorts this Thanksgiving. Good thing he doesn’t know how to cook. No worries. Burnt shorts go into the trash, where they belong.
Carl Raymond
Active Member
I know you jest, but I do feel that this has become Elon's favourite sport - the surprise announcement that lifts the stock (out of market hours, of course). It's his way of saying "strong longs shalt be rewarded".
We saw it with the Roadster, the lemur, the early Q3 report, hardware II, the new chip.
I love surprises. What's that building in Lathrop for? What's for Christmas?
No no, we saw calculation here showed Lemurs should have at least same margin.
I would like to see some concrete of GF3, like an announcement of Chinese loan or even an 8K about the progress.
Artful Dodger
"Ducimus, lit"
Not just Venezuela. Today brought a new record low for Western Canadian Select (a heavy oil blend from Alberta), down 33.55% to $11.43 / barrel.
Locally-owned (wholesale-only) producers certainly will go out of business at those prices. However, Oil majors get a different deal. For example, the Koch Bros. own both ends of the Alberta Clipper pipeline to their refinery in Minnesota. So 'Net', they make more money total because they can buy oil cheap in Alberta, then sell product (liquid fuels like gas and diesel) into the US at retail market prices.
Exxon gets the same deal with the Keystone pipeline to Port Arthur, TX.
Dirty? You bet. Sustainable? Not so much.
Artful Dodger
"Ducimus, lit"
Yeah, better margins on the LeM3R since the 2170 cells have the lowest margin of any component in the car, while every extra copy of Autopilot sold is nearly 100% pure profit.
Cheers!
Krugerrand
Is Cat
Won’t depend on logistics if the 7k is split between NA, China and EU.
tinm
2020 Model S LR+ Owner
It's beyond naughty. It's what I would expect out of an auto dealership. C'mon Tesla this is bs.
The full cash price is clearly visible for any customer to see. Average cost savings is as good a measure of savings as anything. Fred is just being a jerk.
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