How are you confused? Tesla storage projects are part of Tesla Energy. Tesla Energy is part of Tesla Inc. Why is this confusing?
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How are you confused? Tesla storage projects are part of Tesla Energy. Tesla Energy is part of Tesla Inc. Why is this confusing?
SW2Fiddler
We Are Cognitive Dissidents
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Thanks for that information. The M is from the Latin for 1000, Mille. MM in Roman numerals is 2000, and M with a bar over it is 1,000,000. As you note MM nowadays is often meant for 1,000,000 in reference to currency.
K is from the Greek for 1000, roughly translated as Kilo. And K is computer-speak for 1024 which is a round number (2^10) in the binary notation used internally within computers. The Commodore 64 name referred to its 65,536 (64 x 1024) bytes.
I always write out the full number or write the the full word Million to avoid confusion, especially when writing for a global audience. K in place of 000 seems to save very little typing space, so I write out the full number.
ZachF
Active Member
Building the batteries as a container-sized pack seems like the smart/obvious thing to do, ease of transportation, do as much as you can at the factory, bolt it on to a concrete slab, plug it in, and go.
Weekend OT, just one data point:
Austria, reserved Feb. 2017, ordered today. Delivery Feb.2019.
I never bough a new car before, I never spend more than 17k on a car before. Now I'm in with LR AWD, red, FSD...
Austria, reserved Feb. 2017, ordered today. Delivery Feb.2019.
I never bough a new car before, I never spend more than 17k on a car before. Now I'm in with LR AWD, red, FSD...
Let’s call it “week” trading, and the pun may be apt as it was too much to expect the SP to drop from mid-week and $17 on Friday to get back to Max Pain ~$360.......although it did move most of the way. Broker didn’t get my 3:48 message to buy at market in time, but likely the $367 limit order will close Monday morning. Don’t want this play hanging over my head while I steal away for a couple of days of golf in Beaufort. I’m mostly a buy and hold guy, so I’m not sure I’m going to do this again.
You've spent $17k on a car before? Meh. I've never spent more than $5k on a car before.
If Tesla can pry open my pocketbook, they can pry open anyone's
One side effect: I spend way too much time in the investors section here. I hardly spent any time in other sections. Today is different, market closed and I'm loosing my time in the others sections... I need to block TMC soon...
Do I understand correctly that he is saying they don´t deliver theses cars to the people that originally ordered them and giving them to others who can take delivery more quickly instead? Some people are going to be pissed I guess... But a good way to make money in the short term.
Maybe that corresponds to the "secret" that the truck driver tweeted about (discussed above)?
Asking for a friend.
The exact car doesn't matter. The people will still get their car next year. Tesla is doing the right thing by getting cars to people who can take them while 7,500 is in play. Alternative is people who can take cars now, don't get one and Tesla has more inventory overhang. No one benefits from that scenario.
Addendum: key clause
If they can't take delivery before EOY Tesla has time to produce them within the last week of the year or the first week of next year. That's 12000 cars. Noone will be pissed....
Electrek seems to have extra information there:
That sounds like (bear interpretation) they have extra cars they want to sell and are declaring them as "original owner can´t take delivery before EOY" to make it look better.
https://electrek.co/2018/12/15/tesla-releasing-vehicles-sale-end-year-push-tax-credit/
That sounds like (bear interpretation) they have extra cars they want to sell and are declaring them as "original owner can´t take delivery before EOY" to make it look better.
https://electrek.co/2018/12/15/tesla-releasing-vehicles-sale-end-year-push-tax-credit/
The first thing to note is that that is for the base version of the car. Pricing for other trim levels to be released later. (Just like the price for the base Model 3 is $35k.) How many base Kona's are they going to actually make? They are probably planning for most people to take an upgraded trim level.
EVNow
Well-Known Member
Fact Checking
Well-Known Member
None will be pissed, except shorts, because Tesla might execute another feat of picture-perfect inventory management at the end of Q4, like they did at the end of Q3?
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You've spent $17k on a car before? Meh. I've never spent more than $5k on a car before.
If Tesla can pry open my pocketbook, they can pry open anyone's
Before buying my S, the most I had spent on a car was $9k. It was, by far, more expensive than all previous cars I’ve owned combined.
Regarding #ExplaintheVins from TeslaCharts. I've been racking my brains what the hoopla is all about and why they think this is the chart to end all charts. So from my own understanding, this is the basic premise:
Tesla is overstating their Q3 sales because the number sold is far less than the Vins registered as shown in some public database (NVMTIS).
They contend that the funds from the fraudulent sales likely come from their ABL, reporting the accessed credit line as sales. They cite an example where a Ford dealer withheld reporting of sales to Ford while already receiving the cash from Ford credit. Funds were withheld for an average of 55 days in that example. So a form of check kiting. In this case it's called a floor financing model.
So essentially it furthers the TSLAQ premise that the entire company is a massive pyramid scheme. They will keep on inflating these sales figures quarter after quarter using this method until there is no more source of funds to access.
The problem with this is that this would involve a massive conspiracy on a lot of Tesla employees. For example:
1. Accounting staff will have to falsely book two sides of the entry, one side to draw on the credit line not for its suited purpose. The other side to book sales and not questioning where the funds came from.
2. Delivery and Logistics - all the false sales would need to be moved in some location. Because these cars will not get delivered , it would assume these employees are in on the scheme and just turn a blind eye on sitting inventories.
Now if you are a family business like a dealership, this is probably not impossible to coordinate but eventually the whole scheme crumbles as with all pyramid scheme like this.
Am I missing something else? Is this really how the TSLA shorts think to come up with such a convoluted fantasy just to satisfy their premise?
Tesla is overstating their Q3 sales because the number sold is far less than the Vins registered as shown in some public database (NVMTIS).
They contend that the funds from the fraudulent sales likely come from their ABL, reporting the accessed credit line as sales. They cite an example where a Ford dealer withheld reporting of sales to Ford while already receiving the cash from Ford credit. Funds were withheld for an average of 55 days in that example. So a form of check kiting. In this case it's called a floor financing model.
So essentially it furthers the TSLAQ premise that the entire company is a massive pyramid scheme. They will keep on inflating these sales figures quarter after quarter using this method until there is no more source of funds to access.
The problem with this is that this would involve a massive conspiracy on a lot of Tesla employees. For example:
1. Accounting staff will have to falsely book two sides of the entry, one side to draw on the credit line not for its suited purpose. The other side to book sales and not questioning where the funds came from.
2. Delivery and Logistics - all the false sales would need to be moved in some location. Because these cars will not get delivered , it would assume these employees are in on the scheme and just turn a blind eye on sitting inventories.
Now if you are a family business like a dealership, this is probably not impossible to coordinate but eventually the whole scheme crumbles as with all pyramid scheme like this.
Am I missing something else? Is this really how the TSLA shorts think to come up with such a convoluted fantasy just to satisfy their premise?
Tiger
Active Member
I believe this is what President Trump (then Candidate Trump) meant, when he said "They’re going to see so many victories, they may get tired of winning."
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