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Tesla to raise $1B

ir.tesla.com

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Re: Tesla to raise $1B

#251

Post by godzillabrennus »

bwilliams18 wrote: post #184
godzillabrennus wrote: post #169

Earlier quoted context omitted.

Musk has stated that his ambition is in colonizing Mars. To achieve that he's building the companies to make it a profitable endeavor. When he succeeds he will have built a path for others to follow to also have a commercially viable option to explore space. Travis on the other hand is apparently running a fraternity that spies on you. About the worst of the worst coming out of Uber.

Don't shit on fraternities, they're not all that bad.

No Fraternity needs a $64B valuation.

Re: Tesla to raise $1B

#252

Post by _ph_ »

exabrial wrote: post #63

My big question is, why? It seems they are selling vehicles. Are they in trouble or is this just to expand business?

If you order parts for 100k additional vehicles, and if they would cost only 10k per car, you are talking about a billion dollar bill. Tesla plans to double their car production again this year, and this requires large advance payments. Those 100k cars would give 4Billion in revenue, but thats only at the end of the year.

Re: Tesla to raise $1B

#253

Post by cloudwalking »

amluto wrote: post #201
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…

I test-drove an AP2 car. After a disastrous ride in which it tried to hit two parked cars and a trashcan and wanted to drive off the road entirely, the sales person said, with a straight face, that it was great for stop and go traffic on 101. I'm a bit amazed they can currently sell cars.

AP2 is currently only meant for freeway driving. The sales person was probably right. https://www.tesla.com/autopilot

Re: Tesla to raise $1B

#254

Post by babyrainbow »

aerovistae wrote: post #214
kumarski wrote: post #160

Uber as a ponzi scheme of ambition 1/ Basic premise was they keep highlighting their entry into larger and larger markets and so investors keep ponying up $ for the ambition. 2/ First, it was taxis 3/ Then, it was taxis + logistics 4/ Then taxis, logistics, vehicle ownership 5/ Then taxis, logistics, vehicle ownership, autonomous 6/ Then taxis, logistics, vehicle ownership, autonomous, trucking 7 / Then taxis, logist…

Please, spare me. Uber had a pattern of malicious and immoral behavior from the start. As soon as I read about them tracking people's ride patterns at company parties for laughs, I knew exactly what kind of company Uber was. Since then, their moral shortcomings have only diversified, unsurprisingly. Musk, by contrast, has show over and over that he cares a lot about doing what's right, starting with the very fundamen…

>industry leaders mocked it as impossible.

What achievement of Musk was "mocked as Impossible"? Now, was those really impossible or even hard enough; or some kind of cheap PR stunt to blow their achievements out of proportions?

Re: Tesla to raise $1B

#255

Post by babyrainbow »

mikeash wrote: post #182
hackuser wrote: post #163

Earlier quoted context omitted.

> Tesla's prospects today aren't noticeably different from how they were on November 8th, 2016 I think the evidence strongly says otherwise: Tesla closing stock price, a quantitative measure of the market's view of their prospects and actual financing for those prospects: I'll pull out a few from around Election Day, as a more representative sample. But for better data than the excerpts below, go here and look at the…

I don't recall Musk being a Trump supporter. He is working with Trump, but that is not the same thing. He has stated that he thinks it's better if the President has good people advising him, regardless of how one thinks of their policies. TSLA is really volatile. The market cap is absurdly larger than the company's actual assets, meaning investors are banking on massive future growth. Going from $195 to $256 isn't th…

>He has stated that he thinks it's better if the President has good people advising him, regardless of how one thinks of their policies.

Yes. Everything I do, I do it for you...

I think Elon's Paypal experience has taught him how gullible the general public is, and is using that experience to good effect today..

Re: Tesla to raise $1B

#256

Post by aerovistae »

babyrainbow wrote: post #254
aerovistae wrote: post #214

Earlier quoted context omitted.

Please, spare me. Uber had a pattern of malicious and immoral behavior from the start. As soon as I read about them tracking people's ride patterns at company parties for laughs, I knew exactly what kind of company Uber was. Since then, their moral shortcomings have only diversified, unsurprisingly. Musk, by contrast, has show over and over that he cares a lot about doing what's right, starting with the very fundamen…

>industry leaders mocked it as impossible. What achievement of Musk was "mocked as Impossible"? Now, was those really impossible or even hard enough; or some kind of cheap PR stunt to blow their achievements out of proportions?

A great many people said reusable rockets were not going to happen and that the pursuit of the technology would end in failure.

The same has been said (and continues to be said in this thread) of the ambition to revolutionize the automotive market with a compelling affordable electric car.

Cheap pr stunt? What? How the hell is it even possible to blow SpaceX's accomplishments out of proportion? What they've done is indisputably astonishing. Are you trying to minimize it?

Re: Tesla to raise $1B

#258

Post by stickfigure »

querulous wrote: post #242
prostoalex wrote: post #228

Earlier quoted context omitted.

Chevy Bolt is $37,500 MSRP, and GM likely turns a profit on it (once the R&D investment is recouped), are Tesla's unit economics way worse?

chevy has 105 years of experience at manufacturing automobiles and huge volume with suppliers. there's no way tesla has anything close to their unit economics

On the other hand, Tesla is a retailer whereas GM is effectively a wholesaler. Perhaps the dealer margins are significant?

Re: Tesla to raise $1B

#259

Post by cel1ne »

valine wrote: post #33
cel1ne wrote: post #26

Earlier quoted context omitted.

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...

I think a better formulation is to make humanity survive climate change.

Re: Tesla to raise $1B

#260

Post by dilemma »

cagenut wrote: post #215
Cookingboy wrote: post #127

Earlier quoted context omitted.

"I doubt they are any worse than any other company introducing a new model." Except they are. The Model S is 5 years old (even the refresh model is a year old) and they are still running into parts and build issues. It has improved a long way but during the whole process they had to cut the number of interior and exterior colors/trims just to streamline the production. Other manufacturers introduces new fit/finish an…

I don't dispute your facts at all, but I think you've strongly missed the key point of how disruption works. Not having as many trim and color options because they can't shove them out the door fast enough is a textbook example of "good enough". It is this very industry's not too distant history from which the quip "they can have it in any color they like, so long as its black" comes from. What I mean is, you appear…

You've strongly missed the point he was making. Tesla has such problems with their supply chain management that they have had to reduce parts and SKUs to the point of using mass grade finishings on lower-luxury class vehicle.
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