171–180 of 318 posts
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Their bond prices are plummeting on this earnings release. The rope may be running out.
then the stock should be at $3 instead of $300 if insolvency is such an issue. obviously there is more than meets the eye here. or this is the short of the decade, more than even 2008.
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You could substitute Apple with Wal-Mart in your comment and every bit would be just as true. Sometimes forcing your supply chain to pinch every penny works out the best for your shareholders.. sometimes focusing on quality products pays off more in the long run. Time will tell.
Hmm, I think I do agree with you that it would be true, but in my estimation it does shift the meaning. I was thinking of how Apple is known to specify extremely rigorous quality standards on cutting edge technology and really push its suppliers to advance their craft. Whereas Walmart I would associate more with outright penny-pinching. I'm thinking about the different ways to structure a business to achieve a qualit…
Other point Boeing had years long delays with the 787 partly due to developing a new technology while also trying to outsource much of their production.
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Failure looks like bankruptcy. https://en.wikipedia.org/wiki/Bankruptcy_in_the_United_State... If you don’t think it’s possible, then I suggest putting all of your available assets into their equity.
With a declared mission to "accelerate the advent of sustainable transport", I'm not sure a bankruptcy would constitute failure at this point. The momentum Tesla's created toward electric cars may be sufficient that mass-market producers can take it from here.
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How does the Bolt compare to what you expect to get from Tesla?
I test drove one. It was fairly ok, but the seats were uncomfortable. The big objective thing that the Bolt is missing is a fast charging network. For now, nothing can touch Tesla's supercharger network in terms of charging speed and locations.
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”Some lines are at only 500 cars a week.” That sounds better than what Tesla claims. http://files.shareholder.com/downloads/ABEA-4CW8X0/549293785... (emphasis added): ”Other lines, such as battery pack assembly, body shop welding and final vehicle assembly, have demonstrated burst builds of about 500 units per week and are ramping up quickly.” If you can do burst runs of 15 km/hour, that doesn’t mean you can run a th…
"To get that $1.4 billion in revenue, they will need to sell 40k Tesla 3s at $35k each, or 3,000 a week. To get it in margin, even assuming the average model 3 will sell for $50k, they will have to sell 12,000 a week or so (at 20% margin)" It seems like you're assuming that the cash burn will stay at 1.4billion. Expenditure should go down once the production line tooling is complete.
The great thing about corporate missions & goals is that they are written so broadly: "Our goal when we created Tesla a decade ago was the same as it is today: to accelerate the advent of sustainable transport by bringing compelling mass market electric cars to market as soon as possible. " ( https://www.tesla.com/blog/mission-tesla ). Thanks to Tesla - seriously(!! COULD not and WOULD not have happened without them)…
I feel like I should cancel my reservation of Tesla Model 3. Something tells me that subscription-based autonomous cars will be here before my Model 3 and will render purchasing cars useless. Anybody in a similar boat?
Elon Musk project not as fast as he claimed, yet still faster then everybody else. That literally every Tesla/SpaceX story in the last 10 years.
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”Some lines are at only 500 cars a week.” That sounds better than what Tesla claims. http://files.shareholder.com/downloads/ABEA-4CW8X0/549293785... (emphasis added): ”Other lines, such as battery pack assembly, body shop welding and final vehicle assembly, have demonstrated burst builds of about 500 units per week and are ramping up quickly.” If you can do burst runs of 15 km/hour, that doesn’t mean you can run a th…
"To get that $1.4 billion in revenue, they will need to sell 40k Tesla 3s at $35k each, or 3,000 a week. To get it in margin, even assuming the average model 3 will sell for $50k, they will have to sell 12,000 a week or so (at 20% margin)" It seems like you're assuming that the cash burn will stay at 1.4billion. Expenditure should go down once the production line tooling is complete.
As an engineer who has zero investment in Tesla, I truly hope they overcome this setback. Simultaneously, I know from experience that failure is a real possibility. At this point, it’s nice to have the additional transparancy into the current production bottleneck.
What would failure look like? Worst case outcome to me seems that they would just take longer to get to their goals rather than not achieve them at all. They have enough money in the bank and no unsolved technical issues - it's not black hole physics. I mean they've delivered cars already. They just are slower than expected at scaling up.