Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Tesla Says Model 3 on Track as Quarterly Loss Beats Estimates

bloomberg.com

Post reply on HN
Print view View original

81–90 of 267 posts

Re: Tesla Says Model 3 on Track as Quarterly Loss Beats Estimates

#81

Post by agumonkey »

stcredzero wrote: post #75
agumonkey wrote: post #65

Earlier quoted context omitted.

He's surfing a thin line these days. I'm not fond of the let's bore tunnels before going to mars games. But yeah, overall he bootstrapped many heavy innovations and drive all around, and inspired a lot of people. All that almost in a vacuum, and globally he's a trustworthy producer (he values value, his cars are tank secured for instance, not crass profit)

his cars are tank secured for instance, not crass profit What is "tank secured?"

Didn't Tesla forced crash tests to recalibrate their grading system because Tesla literally went up to 11 ?

Re: Tesla Says Model 3 on Track as Quarterly Loss Beats Estimates

#82

Post by shanemhansen »

jaimex2 wrote: post #53
mabbo wrote: post #5

People get upset by the 'superhero' status of Elon Musk. Nerds everywhere worship the guy, buy his cars, watch his SpaceX launches. But honestly, let him have it, I say. He's earning it. He's taking huge risks and succeeding where others weren't willing to try.

The superhero status has nothing to do with it. Tesla is reaping the rewards for making a good EV and backing it with the right infrastructure, its not rocket science. If the motor industry had actually not made a half bothered attempt at EVs and actually tried to innovate they would have had similar success.

> its not rocket science.

They have that too!

Re: Tesla Says Model 3 on Track as Quarterly Loss Beats Estimates

#83

Post by tehlike »

austenallred wrote: post #55
paulpauper wrote: post #20

People who lose money shorting Tesla are losing their shirts for the same reason as those who shorted Amazon: cash flow + growth matters more than profitability, PE ratios, or EPS. Tesla's car business is cash flow positive but the quarterly losses are due to infrastructure investments. This is how finance can be more subtle than meets the eye. Tesla's car business is very profitable: Tesla also reported an automotiv…

I put 100% of my net worth in TSLA when it was trading at $180 a couple months ago http://www.marketwatch.com/story/elon-musk-to-the-guy-who-in... . I'm already up 40%, and I'm holding (though not adding to it as my net worth grows). Such an obvious, incredible company that Wall Street will undervalue until the end of time. (For the record: I don't recommend doing this. I am in a unique situation where I can own the…

then you should leverage, if you are not afraid of losing it. buy/sell options, with some sane strategy you can even limit the down side.

Re: Tesla Says Model 3 on Track as Quarterly Loss Beats Estimates

#84

Post by mikeash »

joss82 wrote: post #23
codecamper wrote: post #17

Earlier quoted context omitted.

It's technology. Once it exists, it will continue existing. Every generation must use it wisely and ethically.

Not so sure about it. Look at Concorde. Musk actually said that technology does not move forward if there is nobody (or no company or no government) to push it forward.

The technology for Concorde is still around. What disappeared is the economic case for it. (One might argue that the economic case never existed, or disappeared before it even started flying.) If aliens showed up tomorrow and said they would enslave the human race unless we built a Concorde-level airliner, we'd have no major trouble getting it done.

Re: Tesla Says Model 3 on Track as Quarterly Loss Beats Estimates

#85

Post by austenallred »

tehlike wrote: post #83
austenallred wrote: post #55

Earlier quoted context omitted.

I put 100% of my net worth in TSLA when it was trading at $180 a couple months ago http://www.marketwatch.com/story/elon-musk-to-the-guy-who-in... . I'm already up 40%, and I'm holding (though not adding to it as my net worth grows). Such an obvious, incredible company that Wall Street will undervalue until the end of time. (For the record: I don't recommend doing this. I am in a unique situation where I can own the…

then you should leverage, if you are not afraid of losing it. buy/sell options, with some sane strategy you can even limit the down side.

I've never been good at the timing on options. I always buy too far out of the money and get burned. Closer to the money you might as well hold shares after fees.

Re: Tesla Says Model 3 on Track as Quarterly Loss Beats Estimates

#86

Post by D_Alex »

oska wrote: post #74
simonsarris wrote: post #2

From their letter (link to below if you want to read) > Later this year, we expect to finalize locations for Gigafactories 3, 4 and possibly 5 (Gigafactory 2 is the Tesla solar plant in New York). Should be an exciting conference call. (5:30pm EST) http://files.shareholder.com/downloads/ABEA-4CW8X0/394401180...

Gigafactory 3: Europe Gigafactory 4: Asia Gigafactory 5: Where? Another one in the US?

Australia. Please.

We have the land, we have the lithium, we have the sunshine and we have a massive car market - 1.2 million cars sold in 2016.

We also have a good automotive manufacturing base... about to go into idle mode. Aussie federal and state governments have been very willing to support local manufacturing, and I'm sure they'd love to hear from Tesla.

Re: Tesla Says Model 3 on Track as Quarterly Loss Beats Estimates

#87

Post by dragonwriter »

joss82 wrote: post #23
codecamper wrote: post #17

Earlier quoted context omitted.

It's technology. Once it exists, it will continue existing. Every generation must use it wisely and ethically.

Not so sure about it. Look at Concorde. Musk actually said that technology does not move forward if there is nobody (or no company or no government) to push it forward.

> Not so sure about it. Look at Concorde.

The absence of a business case is not the same as the absence of technology.

Technology for supersonic aircraft has moved forward since the Concorde. Economically viable applications for that technology for commercial passenger transport have not, however, appeared. (Or, if they have, they haven't been recognized.)

Re: Tesla Says Model 3 on Track as Quarterly Loss Beats Estimates

#88

Post by stcredzero »

ghaff wrote: post #69
joss82 wrote: post #23

Earlier quoted context omitted.

Not so sure about it. Look at Concorde. Musk actually said that technology does not move forward if there is nobody (or no company or no government) to push it forward.

Because technology is in service of individual and consumer needs. If there isn't a sustainable business model for supersonic passenger flight then it doesn't exist. And, frankly, it's not up to government to provide that. Technology is both economics and engineering. Just because something can be done, doesn't mean it should be done if no one is willing to cover the costs.

There is another thesis that technology no longer disappears anymore. It will remain in some dormant form. Some crazy hobbyist group in the US, Europe, or Japan will lovingly curate it. Even now, I think you can charter the operation of a restored supersonic aircraft, if you have enough cash. Not sure if any have an extra seat for a passenger, though.

Re: Tesla Says Model 3 on Track as Quarterly Loss Beats Estimates

#89

Post by 1024core »

paulpauper wrote: post #20

People who lose money shorting Tesla are losing their shirts for the same reason as those who shorted Amazon: cash flow + growth matters more than profitability, PE ratios, or EPS. Tesla's car business is cash flow positive but the quarterly losses are due to infrastructure investments. This is how finance can be more subtle than meets the eye. Tesla's car business is very profitable: Tesla also reported an automotiv…

> Looking at the future, Tesla said it expects to deliver 47,000 to 50,000 Model S and Model X vehicles combined in the first half of 2017, representing vehicle delivery growth of 61% to 71% compared with the same period last year.

They fell short of their goal of 80,000 vehicles in 2016. You're talking about almost doubling their production in 2017... and then doubling it again in 2018! Ain't gonna happen.

Re: Tesla Says Model 3 on Track as Quarterly Loss Beats Estimates

#90

Post by tehlike »

austenallred wrote: post #85
tehlike wrote: post #83

Earlier quoted context omitted.

then you should leverage, if you are not afraid of losing it. buy/sell options, with some sane strategy you can even limit the down side.

I've never been good at the timing on options. I always buy too far out of the money and get burned. Closer to the money you might as well hold shares after fees.

You can get deep in the money to leverage, no need to buy way out of money and gamble.

also you can try different strategies (search them online, and pick the one according to your risk taste).

Post reply on HN