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Tesla to raise $1B

ir.tesla.com

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Re: Tesla to raise $1B

#31

Post by ISL »

corbett3000 wrote: post #9
Cookingboy wrote: post #6

As an investor of Tesla who bought into Elon's vision I've been getting more and more nervous about how the company is actually run at this point. A modern car company is as much of a production and supply chain company as it's a product and tech company. I get the feeling that due to Tesla being cutting edge in the tech department it led to all the supply chain/production problems being treated as if they are speed…

You're concerned with a 23% YTD return on the stock and a 600% return over 5 years? The market has a way of signaling if a company is totally screwed up. Looks like it isn't.

That return can only be realized if OP sells. It sounds like OP's intent was to buy shares in a long-term business/vision, not in a stock.

In the long term, markets are a weighing machine, but in the short term, they are a popularity contest.

In August 1998, YHOO traded under $10/share. In December 1999, YHOO traded at > $100/share, a > 1000% return over 16 months. From February 2001 to February 2003, YHOO traded under $10/share. Markets are fickle.

Re: Tesla to raise $1B

#32

Post by Cookingboy »

ganonm wrote: post #28
Cookingboy wrote: post #14

Earlier quoted context omitted.

Well the market can be terribly wrong on many companies in the long run, both undervaluing great companies and overvaluing terrible companies. Tesla's vision is for the next 20 years, not the last 5. Historical performance is also not an indicator of future performance. Everyday I'm holding onto the shares is the same as if I made the decision to buy that many shares on that day. If anything the fantastic return woul…

> Everyday I'm holding onto the shares is the same as if I made the decision to buy that many shares on that day This is a great way to think about holding investments. I remember using this argument to try and convince a family member that they should sell what I considered to be a bad investment. I phrased it as 'If you were forced to sell your shares right now would you use the money from the sale to immediately b…

Yep, and it's a great way to debunk stuff like the Sunken Cost (I've put in so much already!) fallacy.

Re: Tesla to raise $1B

#33

Post by valine »

cel1ne wrote: post #26
Cookingboy wrote: post #6

As an investor of Tesla who bought into Elon's vision I've been getting more and more nervous about how the company is actually run at this point. A modern car company is as much of a production and supply chain company as it's a product and tech company. I get the feeling that due to Tesla being cutting edge in the tech department it led to all the supply chain/production problems being treated as if they are speed…

Curious: What do you think is Tesla/Musk's "end game vision"?

To make humanity an interplanetary species.

http://www.theverge.com/2016/9/27/13079472/elon-musk-mars-sp...

Re: Tesla to raise $1B

#34

Post by [deleted] »

corbett3000 wrote: post #9
Cookingboy wrote: post #6

As an investor of Tesla who bought into Elon's vision I've been getting more and more nervous about how the company is actually run at this point. A modern car company is as much of a production and supply chain company as it's a product and tech company. I get the feeling that due to Tesla being cutting edge in the tech department it led to all the supply chain/production problems being treated as if they are speed…

You're concerned with a 23% YTD return on the stock and a 600% return over 5 years? The market has a way of signaling if a company is totally screwed up. Looks like it isn't.

[deleted]

Re: Tesla to raise $1B

#35

Post by CptJamesCook »

I just picked up my Model X after a week in the shop. They weren't able to finish all of the work, because "we are busy this time of year." They told me to bring it back in April.

In about a year of ownership, this is the 3rd time I've lost the car for about a week. I probably should have brought it to the shop 3-4 other times, but I let the issues build up.

They've had to replace all sorts of parts on my car, including the entire driver's seat. Even basic stuff like my phone playing audio doesn't work half the time. The driver's side wing mirror quit opening. I've had to reboot the car 10+ times in order for the dashboard display to work. The gull wing door opened into a ceiling and left a scratch. The hood opened into a ceiling and left a scratch. My windows have quit going up three times. Most of the trim / sealing / etc is coming off, misaligned, etc. I probably sit here and think of 10 more problems.

Anyway, I knew I was buying a v 0.1 car and I’m generally happy with it, despite the problems. Their service has actually been amazing, but that's kind of the point of my post:

If the Model 3 has anywhere near the same level of problems as my X, at 10x the scale, Tesla is doomed. How could this possibly be even remotely cost effective on a lower-margin Model 3?

Re: Tesla to raise $1B

#36

Post by ClassyJacket »

revelation wrote: post #12
Cookingboy wrote: post #6

As an investor of Tesla who bought into Elon's vision I've been getting more and more nervous about how the company is actually run at this point. A modern car company is as much of a production and supply chain company as it's a product and tech company. I get the feeling that due to Tesla being cutting edge in the tech department it led to all the supply chain/production problems being treated as if they are speed…

AP2 is truly dangerous. It's incomprehensible they would release something like this: https://www.youtube.com/watch?v=UZ1XLqc5IUg I guess it's a good reality check for autonomous cars when you take away the LIDAR toys. One rather important point is that the car often doesn't realize it is screwing up, because quelle surprise, realizing you don't have a correctly detected lane can be just as difficult as detecting one…

I can't afford a Tesla anyway, but even if I could I'd be wary about buying one on the promise that the Hardware 2 cars "will" get full self driving.

I can easily see a new version with Lidar coming along and all those old cars not getting that full self-driving update after all, even in places where the law allows it.

Re: Tesla to raise $1B

#37

Post by Cookingboy »

orb_yt wrote: post #30
Cookingboy wrote: post #21

Earlier quoted context omitted.

Well judging by the percentage of their revenue from cars at this point they are undeniably a car company. Vision statements are predictive instead of descriptive. Apple can have a vision of building cars in the future but it doesn't change the fact that they are a consumer electronics company today . Vision is cheap, execution is where the money is at.

Please correct me if i'm wrong, but I think the comment was suggesting more than the fact that Tesla, in the literal sense, sells more than cars. I think it's also important to note the company itself supposedly operates much differently than a traditional car company, and in fact much like a software company.

A company is defined by the type of goods/services it provides instead of how it operates.

I can operate my bagel shop like the CIA but it won't be spying on the Trump Tower through microwaves anytime soon :)

Re: Tesla to raise $1B

#38

Post by wellboy »

cel1ne wrote: post #26
Cookingboy wrote: post #6

As an investor of Tesla who bought into Elon's vision I've been getting more and more nervous about how the company is actually run at this point. A modern car company is as much of a production and supply chain company as it's a product and tech company. I get the feeling that due to Tesla being cutting edge in the tech department it led to all the supply chain/production problems being treated as if they are speed…

Curious: What do you think is Tesla/Musk's "end game vision"?

Being the main company that in 10 years replaces all cars that currently exist that drive around autonomously that no one owns and that can only be ordered via an app that are powered by Solar panels that are on Hyperloops all around the world.

In short. :)

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