Much like Porsche fires and and massive automotive recalls seem to get little airtime. Yet should Tesla proactively solving a non issue in a small number of vehicles results in press coverage stating that the sky is falling.
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Much like Porsche fires and and massive automotive recalls seem to get little airtime. Yet should Tesla proactively solving a non issue in a small number of vehicles results in press coverage stating that the sky is falling.
Mike Smith
Active Member
This was the exact same situation, and NTSB found bad lane markings at fault. Even if autopilot was on it wasn't the cause of the crash.
San Jose: Fatal Greyhound bus crash blamed on poor road markings
edit: 'An NTSB news release added that Caltrans “did not mark the gore with stripes or chevrons, which are often used to differentiate the gore from the roadway.”'
There were no stripes or chevrons in this case either. Caltrans is in trouble (again), not Tesla.
San Jose: Fatal Greyhound bus crash blamed on poor road markings
edit: 'An NTSB news release added that Caltrans “did not mark the gore with stripes or chevrons, which are often used to differentiate the gore from the roadway.”'
There were no stripes or chevrons in this case either. Caltrans is in trouble (again), not Tesla.
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Nvidia and Tesla have both moved downward today with similar patterns and percentages.
Seeking Alpha 19 minutes ago: Tesla falls after Nvidia suspends self-driving car tests - Tesla Motors (NASDAQ:TSLA) | Seeking Alpha
Seeking Alpha 19 minutes ago: Tesla falls after Nvidia suspends self-driving car tests - Tesla Motors (NASDAQ:TSLA) | Seeking Alpha
It looks like sellers are running out of steam .
from an article on this (Tech Crunch, not Seeking Alpha), commentary from Nividia
"Ultimately [autonomous vehicles] will be far safer than human drivers, so this important work needs to continue. We are temporarily suspending the testing of our self-driving cars on public roads to learn from the Uber incident. Our global fleet of manually driven data collection vehicles continue to operate."
Nvidia suspends all autonomous vehicle testing
If by "our self-driving cars", and "our global fleet" they include vehicles like Teslas with Nividia equipment inside, the latter, continuing operation, of course, applies... if anything, this is an advantage to Tesla's approach of AP vehicles on the road, collecting data, as part of the pathway to FSD.
Bad marking is one thing, but I blamed partially on Tesla's toxic and extremely hazardous battery. The photos showed the entire half of the car has been blown up. If the driver operated a gasoline car, he might have SURVIVED.
Nearby witnesses said the sound was analogous to a giant bomb explosion.
Tesla has to design their battery more compact and less hazardous
Nearby witnesses said the sound was analogous to a giant bomb explosion.
Tesla has to design their battery more compact and less hazardous
I don't think this article has much impact on the drop today - it is a pretty dumb article quoting someone who clearly has no idea about growth company. However the fact such article being on the top of yahoo finance seems to me that we are probably at a bottom (excluding macro.)
I think the main reason for the recent drop was the fear of bad Q1 M3 ramp number, and the NTSB investigation article added additional fuel. Both of these were short term things so selling at this price because of these are short sighted. Long term tsla is on track to grow 50+% for the next 4-5 years - that is my reason to buy and hold the stock. I am out of dry powder - bought some at 320 and I am 120% leveraged so I will sit tight - one of these days tsla will go up $100 - $200 easily and that could happen next week, next month, next quarter, or next year, but it will happen.
there are far too many known cases of gasoline cars "exploding," I know of not one case of a Tesla exploding.
The Model X didn't explode. It was ripped apart because the crash barrier in front of the concrete Jersey wall was destroyed from a previous accident, resulting in the Model X directly impacting the concrete Jersey barrier and the front third of the car being ripped to pieces. The fire in a portion of front most battery module started after the driver was removed from the vehicle by a good samaritan. The driver might have survived if the impact barrier or other temporary protective measures (sand barrels) had been in place.
Please stop spreading misinformation in this thread. This is a market action thread, not a crash analysis thread.
Waiting4M3
Active Member
Today just further confirms my interpretation that the market is completely bearish about TSLA right now. All negative news are causing local dips and positive news show no impact on the PPS. I held my shares I bought around $220s in 2014/2015 into the Feb 2016 dip into $150s. If you want to make $ in TSLA you gotta be able to sit tight through these dips and laugh about it.
You missed my WTF scream this morning? Did buy twice today, but how much longer, all the way to the earnings report ?
My morning commute was awesome this morning, I got the new 2018.10.5 update on my model 3 yesterday, and it now handles all the parts that it was weak on before. Also lane switching is now super smooth, maybe too smooth for me
It even followed the GPS directions onto the exit lane and exited without me having to take over until the stop light on the bottom. Also read on twitter Yes, you can upgrade hardware, although we also wrote software to accelerate rendering on old MCU. Coming out soon & makes a big diff. - Elon which is awesome news and again industry leading.
If you think the stock will tank, why not sell? After this blows up after "earnings", you can get in cheap.
Welcome to the ignore list, you'll be in the company of equally thoughtful contributors.
All the noise aside about Auto pilot safety, is anyone has try to analyze Model S &X production ?, I am looking at TMC spreadsheet for VIN assignment , difference in VIN numbers at beginning of Jan and now looks very promising , I am coming out with 28000,even if Tesla deliver 24K Model S And X, and 10 K Model 3, Tesla will meet Quarterly Guidence
Waiting4M3
Active Member
On my taxable account I have too much capital gain already accrued from all the buying and holding I've been doing, I don't want to sell and trigger taxes until I have to, not worth the $5-10 local fluctuation I may or may not catch.
In my IRA account I don't have margin, so I have to wait a few days between selling and re-buying for the funds to settle. I don't want to time the short term movements like this.
Todd Burch
14-Year Member
Uneducated people that spout opinions based on falsehoods go immediately to my ignore list. Enjoy your time there.
I don't have much dry powder left, but every day of this slide I add a few more calls. It really helps keep the blues away to know that I have a chance of profiting later from all the TSLA selling going on now, whether its by manipulators or in fear.
The big picture has simply not changed: Tesla is going to be a major player in the global auto industry in this decade. (and in some other industries, the financial impact of which I can't yet quantify). Tesla has a proven track record of inventing and executing innovative solutions up and down the design, manufacturing and distribution chain.
No guarantees in any horse race, but Tesla looks to me like a thoroughbred in a field of old mares, so that's what I'm wagering on. But it's only my gambling money, because it is a wager.
Not investment advice!
The big picture has simply not changed: Tesla is going to be a major player in the global auto industry in this decade. (and in some other industries, the financial impact of which I can't yet quantify). Tesla has a proven track record of inventing and executing innovative solutions up and down the design, manufacturing and distribution chain.
No guarantees in any horse race, but Tesla looks to me like a thoroughbred in a field of old mares, so that's what I'm wagering on. But it's only my gambling money, because it is a wager.
Not investment advice!
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