Tesla Says Model 3 on Track as Quarterly Loss Beats Estimates

Post by [deleted] » Thu, Feb 23, 2017, 3:07 AM UTC

jamornh wrote: post #71

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)

I'm of the view that boring a tunnel is part of his bootstrap plan for bringing the same tech to Mars. It's likely that we will have to dig living spaces underground on Mars and bootstrapping better digging tech by finding a good use for it here on earth first is a great bootstrapping strategy.

Post by justin66 » Thu, Feb 23, 2017, 3:17 AM UTC

oska wrote: post #111

D_Alex wrote: post #86

Earlier quoted context omitted.

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.

I was going to suggest Australia as a possible contender for the 5th factory however while we have some supportive state governments we also have an incredibly unsupportive federal government that is hostile to electric vehicles and renewable energy and storage. And I think that's obvious to anyone looking on from outside. So while this current federal government is in power it's one more opportunity we're going to m…

Post by peripitea » Thu, Feb 23, 2017, 3:30 AM UTC

mdasen wrote: post #97

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…

Shorting seems to often be about the short-term prospects of the stock. Long term, Tesla looks like it will be a reasonable company. But will it justify its stock price? Tesla is a $45B company right now. Toyota is $188B (4.1x more valuable), VW is $78B (1.7x), GM is $58B (1.3x), Ford is $51B (1.1x), Nissan is $42B (0.9x), Fiat Chrysler is $17B (0.4x), Honda is $58B (1.3x), BMW is $56B (1.2x), Daimler is $79B (1.8x),…

Post by eddieplan9 » Thu, Feb 23, 2017, 4:08 AM UTC

tbabb wrote: post #118

Reason077 wrote: post #105

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Tesla is a $45B company right now. Perhaps that sounds like a lot. But consider that Uber is valued at $68B.

Uber is probably overvalued. But consider that future Tesla will probably be owning/running a service like Uber. Add to that grid storage, solar power installation (from which it makes interest on loans to the consumer), powerwalls, battery production for other industries (including possibly every other car manufacturer), and whatever else Tesla branches out into once those markets are established.

Post by johngalt » Thu, Feb 23, 2017, 4:20 AM UTC

bluehawk wrote: post #6

aerovistae wrote: post #3

It's fun to read Mark Spiegel's twitter feed. I've never seen someone so desperately try to force a theory. I wonder why some people want to see Tesla fail so badly.

I can sorta understand how he got there. Historically, making a car company is very, very hard. It's a tough industry to crack into. So when you see a startup car company with a hugely inflated stock that has a (based on historical data) very low chance of success, it makes a lot of sense to bet against it. But as it succeeds, you have to keep doubling down on the idea that it can't possibly deliver on it's promises…