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Tesla Third Quarter 2018 Update [pdf]

ir.tesla.com

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Re: Tesla Third Quarter 2018 Update [pdf]

#121

Post by eloff »

threeseed wrote: post #71
synaesthesisx wrote: post #57

Amazing 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.

I will never understand why Tesla people are so obsessed with short sellers. They exist for every company. And the majority of them would have hedged their bets in some form so it's not like they are likely to lose substantial amounts of money. Tesla almost seems to be similar to Trump in that they need a fictitious enemy to distract the attention away from themselves.

Because it's one of the most heavily shorted stocks on the index. Basically Tesla has always been the underdog and tons of people are itching to see them fail. So watching them succeed against the odds and the naysayers getting burned is quite satisfying - just speaking from a human story perspective.

Re: Tesla Third Quarter 2018 Update [pdf]

#123

Post by what_ever »

andrewmunsell wrote: post #32

One 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…

While superchargers are great, I don't think they as big an advantage as you are making them to be. How often do you drive more than 200 miles in a day? 3 times a year? I am not going to buy a specific car for that reason.

Besides using supercharger is not free as well. As more and more cars go electric, charging stations are going to be as common as gas stations and there will be competition with pricing etc. Not sure if I want to rely on one company's charging network.

Re: Tesla Third Quarter 2018 Update [pdf]

#124

Post by [deleted] »

saagarjha wrote: post #91
Mongus wrote: post #86

Earlier quoted context omitted.

Tesla's aren't locked into using Tesla chargers. They do have a proprietary connector on the vehicles but they come with several adapters including J1772. Superchargers are a phenomenal perk, not a lock in.

Are Superchargers free to use by people who have not bought Teslas?

[deleted]

Re: Tesla Third Quarter 2018 Update [pdf]

#125

Post by rconti »

lotsofpulp wrote: post #54
mikestew wrote: post #35

Earlier quoted context omitted.

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.

vs 0% extra; not so much.

Re: Tesla Third Quarter 2018 Update [pdf]

#126

Post by Mongus »

rconti wrote: post #100
saagarjha wrote: post #91

Earlier quoted context omitted.

Are Superchargers free to use by people who have not bought Teslas?

No, but the point is that this is not a reason Tesla won't succeed, it's just a reason that superchargers suck for non-Tesla EV owners. From a business standpoint, this is the right place to be; lock others out, but don't lock your customers in.

Exactly. I don't think Tesla would have anywhere near the sales they've had without Superchargers. The other EV manufacturers need to figure out how to offer something similar if they want any chance of competing.

Re: Tesla Third Quarter 2018 Update [pdf]

#127

Post by rconti »

nikofeyn wrote: post #83
gonehome wrote: post #17

I picked up a Model 3 performance about a month ago, I'd recommend anyone interested in Tesla go visit a store and test drive one. They're so far beyond anything anyone else is making.

when i visited china, it was filled with electric cars from multiple manufacturers, and the fit and finish was just as good if not better than tesla. i don't view tesla as beyond anyone. when other car manufacturers enter the market, tesla might have a hard time keeping up because other manufacturers know how to build cars and not just an okay car with an electric motor.

There are a number of reasons those cars aren't sold in the US, and inability to pass any kind of safety standard is certainly going to be one of them.

Of course, the fact that our market is (probably) smaller than theirs with way more red tape (including the aforementioned safety standards) doesn't hurt.

Re: Tesla Third Quarter 2018 Update [pdf]

#128

Post by rconti »

threeseed wrote: post #71
synaesthesisx wrote: post #57

Amazing 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.

I will never understand why Tesla people are so obsessed with short sellers. They exist for every company. And the majority of them would have hedged their bets in some form so it's not like they are likely to lose substantial amounts of money. Tesla almost seems to be similar to Trump in that they need a fictitious enemy to distract the attention away from themselves.

There's substantial evidence that (some of them) are actively working to crush the company, rather than to merely profit if the company fails to succeed. I believe in the principle of short selling, but I am not a fan of Tesla shorts specifically.

I don't own any stock, but I have vested interest in seeing them succeed as I own a car that I would prefer not to see turned into a paperweight; of course, I have always recognized that this is a gamble I am choosing to make.

Re: Tesla Third Quarter 2018 Update [pdf]

#129

Post by dannyw »

marricks wrote: post #119
antisthenes wrote: post #27

Earlier 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.

Is that comment anything but FUD? They are able to make the cheapest batteries for cars and have seemed to be pretty successful...

The comment is a precise and accurate definition of the technology, I don’t see why you jump to “FUD”? Not everyone is trying to influence the stock price.

Re: Tesla Third Quarter 2018 Update [pdf]

#130

Post by rconti »

gvhst wrote: post #11
chollida1 wrote: post #4

One thing to consider that an analyst pointed out. Telsa has alot of net 60 and 90 and 120 day relationships with suppliers, but gets paid from car sales much quicker. This means that they can "financially engineer" quarters to make their cash flow look much better than it would if the payment periods were all net 30. Pre Close: - bit of a perfect storm for Tesla to make a profit - Model X ramp up spend is mostly don…

I take issue with your market share comment. You are referring to an installed base of 1%. Market share is a sales based number, which according to the document the Model 3 is the number 1 selling car in America by revenue over the last quarter.

I had the same question and ran the numbers in my head, but I don't think that's accurate; there are 253m cars on the road in the US according to the googles, they're nowhere near 1% installed base.

But it's also disingenuous to compare a single electric car from a single carmaker to the entire body of every kind of passenger car for sale in the US. At least compare ALL electric car sales to ALL gas car sales.

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