TSLA Market Action: 2018 Investor Roundtable

[SpaceCash]

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.

Fred is a GRINCH

 

[printf42]

Since market closes tomorrow, are we open to Off Topic now?
I got one:
Have anyone else saw Deadpool 2?
I am genuinely surprised by the number of Teslas in that Movie.
There is even a scene that a Model3 hit a pole and the car looks OK, the pole falls down, then on the next shot a Prius crashed into a gas station followed by a giant fireball.
I thought Tesla does not do advertisements, but not sure whether they do movie product placements. If they did this, I will say money well spent, if they didn't even pay, I will say tide had changed people...

 

[MikeC]

Tesla cuts China car prices to absorb hit from trade war tariffs — Reuters

 

[Carl Raymond]

Since market closes tomorrow, are we open to Off Topic now?
I got one:
Have anyone else saw Deadpool 2?
I am genuinely surprised by the number of Teslas in that Movie.
There is even a scene that a Model3 hit a pole and the car looks OK, the pole falls down, then on the next shot a Prius crashed into a gas station followed by a giant fireball.
I thought Tesla does not do advertisements, but not sure whether they do movie product placements. If they did this, I will say money well spent, if they didn't even pay, I will say tide had changed people...

Tesla stand by their claim that they never pay for such things, so my guess is a scriptwriter and director with planet before profits principles. If I find out who they are I will append names to this comment. I might even see the movie, lol, not my usual fare.


Directed by David Leitch
Produced by

• Simon Kinberg
• Ryan Reynolds
• Lauren Shuler Donner

Written by

• Rhett Reese
• Paul Wernick
• Ryan Reynolds

 

[peopleweb]

Tesla cuts China car prices to absorb hit from trade war tariffs — Reuters

It may be to provide sufficient funds for the establishment of the factory in China, and the local sales revenue can be directly used to build the factory.

 

[TradingInvest]

Tesla cuts China car prices to absorb hit from trade war tariffs — Reuters

I think this is a good move. Those who order from China will get their cars after Jan 1st. There is a high chance the tariff will drop significantly starts from Jan 1st.

 

[mongo]

It may be to provide sufficient funds for the establishment of the factory in China, and the local sales revenue can be directly used to build the factory.

Tesla lowered prices, that means less revenue for funding the China factory, depending on impact to sales rate.

Maybe the tariffs will go toward the factory?

 

[peopleweb]

Tesla lowered prices, that means less revenue for funding the China factory, depending on impact to sales rate.

Maybe the tariffs will go toward the factory?

Or use the sales income cash flow to provide financing for financing

 

[SwTslaGrl]

Some closed market OT,

"Silent plane with no moving parts makes 'historic' flight
The blue glowing jets of science fiction spacecraft came a step closer to reality on Wednesday as US physicists unveiled the world's first solid-state aeroplane powered in flight by supercharged air molecules."
Silent plane with no moving parts makes 'historic' flight

 

[loco]

LG Chem to build another battery factory in Poland.

LG Chem szuka drugich Kobierzyc (in Polish)

Short version: They currently employ 1,7k people and produce 10GWh. The plan is to employ 6k people in 2020 and reach 70GWh in 2 to 3 years. Batteries from the current factory are sold to Daimler, Porsche, Volvo, Audi, Renault, and Jaguar. "We have so many orders that current capacity is not enough."

 

[Artful Dodger]

I am genuinely surprised by the number of Teslas in that Movie.
There is even a scene that a Model3 hit a pole and the car looks OK, the pole falls down, then on the next shot a Prius crashed into a gas station followed by a giant fireball.

Haha, yeah there was only one Tesla and it was a Model S not a Model 3. It was crashed twice, once into the pole beside the bus stop, then again viewed from the other side in street chase scene. It was discussed here in this thread on Oct 8, and a in few other places on TMC back in April/May.

Wish I still had the screen shots I made from DVD, but looks like I put them in the tip, so can't post'em. Oh well.

Cheers!

P.S. Boring here tonight; Canadian Thanksgiving is in October.

It was the same Model S that was crashed twice. Once hit on the right side while sliding through an intersection, then once more in the front as it hit a light pole or some such.

Beautiful sig. red with 20" wheels too. Dam shame if you ask me. But the kids loved it.

 

[jbih]

Tesla lowered prices, that means less revenue for funding the China factory, depending on impact to sales rate.

Maybe the tariffs will go toward the factory?

Maybe Tesla made a deal with the Chinese government. Other than our dumb governments, the Chinese government wants electric cars on its roads and tariffs are actually unwanted.

 

[Causalien]

Since market closes tomorrow, are we open to Off Topic now?
I got one:
Have anyone else saw Deadpool 2?
I am genuinely surprised by the number of Teslas in that Movie.
There is even a scene that a Model3 hit a pole and the car looks OK, the pole falls down, then on the next shot a Prius crashed into a gas station followed by a giant fireball.
I thought Tesla does not do advertisements, but not sure whether they do movie product placements. If they did this, I will say money well spent, if they didn't even pay, I will say tide had changed people...

My state just mandated 100% EV by 2040. Imagine this. In my life, I will probably see a movie or walk around town with almost 100% EV and 10% Tesla. Similar to when Ford Model T first came out.

 

[Causalien]

Tesla lowered prices, that means less revenue for funding the China factory, depending on impact to sales rate.

Maybe the tariffs will go toward the factory?

From what I am seeing in Asia, Tesla seems to sell the higher margin options here. Chinese definitely have higher spending power at least compared to Canada and I'd wager that their wealthy 1% (which is equal to Canada's total population) can outspend our whole country from the ones I've met so far. Especially the rich second generation of the top1%. These people doesn't know the meaning of wasting money.

On average, I see that the Chinese students living in Canada has about 4 or 5x the spending power compared to the locals.

**currently in asia. Soon to check out the situation in Australia.

 

[Causalien]

A correction is long overdue. What's happening is a good thing. The market has been overheated for the past couple years.

This correction is just right at the moment However...

The one man trade war on top of the interest rate increase will bring about a crash. Just a hunch. The reason is in the drop in certain fixed income vs the stock price. Fixed income actually dropped more than normal stocks in this crash. It doesn't make sense, which means that there is some sort of chain reaction was created. Sort of like how gas and oil got diverged so much. An inverse correlation that doesn't make sense but somehow happened.

Now we have to wonder, if this contagion is contained or not.

 

[jbih]

My state just mandated 100% EV by 2040. Imagine this. In my life, I will probably see a movie or walk around town with almost 100% EV and 10% Tesla. Similar to when Ford Model T first came out.

The market will be 100% EV by 2030 anyways. And I hope that there will be enough affordable used cars for those that don’t want or can spend as much, so that most of the cars on the road will be EV as well. I hope ICEVs will soon be forbidden like steam engines have been forbidden for environmental reasons.

If we’re roughly 1% market share now and the market share doubles each year (doable), we’ll be at 100% in 2025.

 

[heltok]

LG Chem to build another battery factory in Poland.

LG Chem szuka drugich Kobierzyc (in Polish)

Short version: They currently employ 1,7k people and produce 10GWh. The plan is to employ 6k people in 2020 and reach 70GWh in 2 to 3 years. Batteries from the current factory are sold to Daimler, Porsche, Volvo, Audi, Renault, and Jaguar. "We have so many orders that current capacity is not enough."

Se they are at like half GH1 currently and plan on getting to half of GF1 final output in 2-3years. That is rather large numbers, didn't expect there to be any that big plant in Europe already. Why am I only hearing about it now?

 

[KarenRei]

Some closed market OT,

"Silent plane with no moving parts makes 'historic' flight
The blue glowing jets of science fiction spacecraft came a step closer to reality on Wednesday as US physicists unveiled the world's first solid-state aeroplane powered in flight by supercharged air molecules."
Silent plane with no moving parts makes 'historic' flight

Well, it's great if you want to generate lots of ozone and want almost no thrust

Electrohydrodynamic propulsion more interesting re: thrust when it comes to airships (the thrust is low per unit surface area, but in that case you have a lot of surface area). But it's always going to be an ozone generator. If I recall correctly, the three-electrode designs are less polluting than the two-electrode designs.

On the upside, EHD propulsion is surprisingly efficient when surface area isn't limiting. You have a lot of mass moving at low velocity rather than a little mass moving at high velocity, and the former leads to more efficient propulsion. Of course, you have to subtract the added losses from the EHD system...

I was last looking into EHD for the application of propulsion for a Venus colony for a book I was working on. It's promising for that role, but just not mature enough (probably the biggest problem is that electrode longevity is still a big challenge). Interestingly, it might have some potential for simultaneous propulsion + carbon sequestration - decomposing CO2 to CO and atomic oxygen. Carbon monoxide is highly reactive at Venus surface temperatures / pressures and might have some potential for being sequestered into surface minerals to form carbonates (although I'd more expect it to be consumed in reducing surface oxides). It also might be possible to generate graphite dust as a propulsion waste product, although configs that would encourage that haven't been explored. This is all an area that would need a lot of further research and should be taken with a grain of salt without further studies.

For Earth applications, I'm more sanguine about electric ram-arcjets. Got a CFD sim running right now on my compute node at home. Unfortunately, it's in an genetic algorithm to optimize the shape, and evolution has a nasty habit of finding ways to cheat. In this case, it discovered a way to make the model omit its end caps, which made it not an "airtight model", and thus left normals ill-defined, which confused snappyHexMesh and thus rhoPimpleFoam. Net result, a powerful current of air was just streaming from the walls straight into the engine :Þ I had to scrap like a month's worth of work and start anew after fixing that bug.

 

[aubreymcfato]

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.

I agree with Fred on this.
There are other ways to inform about TCO, but the first and most visible number with an asterisk is not the best one. IMHO.
If they inverted the numbers it's be much better.

 

[Artful Dodger]

Se they are at like half GH1 currently and plan on getting to half of GF1 final output in 2-3years. That is rather large numbers, didn't expect there to be any that big plant in Europe already. Why am I only hearing about it now?

Yeah, except GF1 was at 20 GWh/yr in Sep 2018, and since mid-Oct 2018 is at 23 GWh/yr. By New Years, GF1 will be at 26 GWh/yr, and then 29 GWh/yr by the start of Q2 2019. So Tesla's growth curve is enormous, much more than people realize. Cheers!