The last few big Tesla threads on HN were non-stop piling the shit onto Tesla talking about how untenable they are, bad business model, inability to scale, etc, etc. Is that just an indication that the short sellers have sock puppets here on HN as well? HN happens to be an important source of Tesla news.
Tesla Third Quarter 2018 Update [pdf]
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Re: Tesla Third Quarter 2018 Update [pdf]
#52I was confused because my ticker shows TSLA down about 2%, but it is up ~12% in after hours trading.
Re: Tesla Third Quarter 2018 Update [pdf]
#53One massive advantage that I'm not sure most people realize quite yet is the Supercharger network. No manufacturer (other than Porsche talking about it recently) has actually built out chargers for their cars. Every other electric car has to rely on a broken, sparse, expensive charger network. Blink chargers and some ChargePoint chargers are expensive in many places ($2 an hour!), and Blink is notorious for having br…
How long do you think the current Supercharger network will be a large competitive advantage? I agree with Benedict Evan's point that electric charging will become a commodity: https://www.ben-evans.com/benedictevans/2018/8/29/tesla-soft...
Wouldn't it be awful if you could only buy Ford gasoline from Ford gas stations? The lock in model is attractive until you think about broader implication, I agree with Evans too that it will be a commodity race to the bottom for recharging, with cost introduced for the power
Re: Tesla Third Quarter 2018 Update [pdf]
#54Earlier quoted context omitted.
I've got a friend on the assembly line in Fremont. He says he doesn't mind the hours too much. However, they basically keep adding extra or overtime shifts to his schedule. I think right now he might be working 5 or 6 day weeks, and I'm fairly sure they're minimum 8 hours, and obviously with overtime could be several hours above that. Sounds awful, but in some ways isn't that how manufacturing has sort of always been…
Sounds awful Sounds better than bustin' ass for 60 hours/week for my base salary. Your friend is getting paid 1.5X for every hour over 40. And, yes, it is not uncommon over the years. My dad would seemingly work every overtime hour given. And at time-and-a-half, so would I.
50% extra for giving up your time with kids, excercise, sleep, family, and general fun in life sounds like a terrible deal.
Re: Tesla Third Quarter 2018 Update [pdf]
#55One massive advantage that I'm not sure most people realize quite yet is the Supercharger network. No manufacturer (other than Porsche talking about it recently) has actually built out chargers for their cars. Every other electric car has to rely on a broken, sparse, expensive charger network. Blink chargers and some ChargePoint chargers are expensive in many places ($2 an hour!), and Blink is notorious for having br…
How competitive will it be when all these model 3 owners start clogging them up?
Re: Tesla Third Quarter 2018 Update [pdf]
#56Tesla could realistically hit 500,000 cars next year, almost 10% of total cars sold in America. The electric revolution is here and it’s finally profitable! Budget EVs with solid range are coming next year too with the 2019 leaf! Convince congress to extend the federal tax rebate (no real increase in spending just keeping what’s already there) by like 2 years which is just maybe $1-2B more and electric will be the wa…
If the electric revolution requires a federal subsidy to compete then it has not, in fact, arrived.
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Re: Tesla Third Quarter 2018 Update [pdf]
#57Amazing results - I am especially taking great pleasure in watching the shorts get decimated.
The Model 3 is a game-changer for the masses. I walked past 6 of them just on my way to get coffee this morning. We're truly witnessing the EV revolution.
Re: Tesla Third Quarter 2018 Update [pdf]
#58Earlier quoted context omitted.
By that logic the gasoline engine has not yet arrived either.
Does gasoline engines receive subsidies? I just bought a brand new ICE vehicle, and I'd sure like to know when my check arrives...
Good news, the check has already arrived!
Perhaps not for you, but it sure did[1]
[1]https://en.wikipedia.org/wiki/General_Motors_Chapter_11_reor...
Re: Tesla Third Quarter 2018 Update [pdf]
#59Great news but I have to ask. Maybe someone here can share their view/opinion about the market and what’s going on.
Musk can’t tweet about going private. So a major short seller sue him and Tesla. Stock ”crash” during two months. Short seller completly turn around and now long the stock which rises A DAY before this report?
Eyebrows should be raised so high everyone go bald. Where Will this end with SEC? And How is this not manipulation from both sides?
Disclaimer: Sure I am a fan boy and we all ”knew” they were going to make a profit soon. Great work and this is promising for the future!
Re: Tesla Third Quarter 2018 Update [pdf]
#60Earlier quoted context omitted.
What's just as amazing is that this whole revolution is done off the back of the Li-Ion 18650/21700 battery cell. Time will tell how good of a choice it is.
I recall reading many HN posters commenting that this cylindrical form factor was a terrible choice for cars. Now several other carmakers have adopted it.
It's only a terrible choice if you do not think about cooling the batteries, and having some physical protection against runaway thermal effects.
If you do, suddenly that empty space becomes precious.
The fact that other carmakers started using it is a good sign.