It was just at $140 a month or two ago I feel like. Incredible
Tesla's stock just hit a record $420
61–70 of 102 posts
Re: Tesla's stock just hit a record $420
#62Earlier quoted context omitted.
Here's what most surprised me recently, which compounds all your points. Middle of Nowhere, France, 11 AM. My Uber arrives, a cool Model 3, "huh, great!" I thought, "I'm gonna pry this guy's brain for info on EV's." Sure thing the driver was a talker and over the course of the next 20 minutes proceeded to tell me all the good and bad, in his opinion — it was his 3rd or 4th EV. Tesla is "out of this world" — his words…
That's why Ford announced that at least in the US they're buying into the Tesla charging network[0]. https://www.businessinsider.com/ford-fordpass-charging-netwo...
> That's why Ford announced that at least in the US they're buying into the Tesla charging network[0].
Ford announced no such thing and your summary is false. They are investing in a rival network (consisting of multiple independent providers) that they claim is more extensive than Tesla's.
Re: Tesla's stock just hit a record $420
#63Besides all the funding secured and pot jokes, can anyone explain what has happened to this stock recently? Over the last two months it has gone up roughly 30% after already having a big immediate jump after the last earnings. Is this mostly related to long term shorts finally closing their positions in the wake of those earnings? Or was there some big Tesla news that I missed that changed the perception of the compa…
It's probably not one single reason. Tesla has had a lot of good news lately, from reports about Elon behaving a little better (and winning that defamation lawsuit), to competing EV from companies like Mercedes and Audi not really selling well and securing a large area for GF4 near Berlin. The most impressive feat for me was how quickly they built GF3 and started production in China, but my tiny contribution to the s…
Other smaller stuff too:
- Porche's Taycan EV is supposed to be the closest direct competition for Tesla cars, but its having production issues.
- Tesla just pushed a new software update that includes a lot of useful features (voice keyboard/commands, an official camping mode, saving camera clips on honk, etc)
- A lot of miscellaneous positive press is cropping up from the end of the year and end of the decade type reporting - Time for example put it as one of the "best gadgets of the decade".
- They recently released and presumably are testing a paid software update to boost M3LR off the line acceleration, which is an interesting situation to obtain revenue from already sold cars.
- Internally they're pushing to sell a lot to break sales numbers before EOY. Some places are reporting that they're even selling showroom floor models.
- They secured a US$1.4B loan from Chinese banks for GF3 acceleration, which was already ahead of schedule.
- They closed on the land for GF4 and are reportedly looking to start building Jan 2020.
- The recent news of possibly reinvigorating the EV tax credits in some way probably also helped.
- Solar is ramping up as well.Re: Tesla's stock just hit a record $420
#64The stock is blazing! Weed jokes aside, the market has finally caught up to the fact that Tesla is years ahead of their competitors. I bought my Model 3 18 months ago and it felt like buying a car from the future. I think my feeling was correct. 2019 saw a number of serious competitors (Audi, MB, VW, Porche) release their first EVs and they've all been somewhat disappointing. Very solid first releases taken in isolat…
Here's what most surprised me recently, which compounds all your points. Middle of Nowhere, France, 11 AM. My Uber arrives, a cool Model 3, "huh, great!" I thought, "I'm gonna pry this guy's brain for info on EV's." Sure thing the driver was a talker and over the course of the next 20 minutes proceeded to tell me all the good and bad, in his opinion — it was his 3rd or 4th EV. Tesla is "out of this world" — his words…
French dude made a small review of all the tiny flaws on the Model 3
https://www.youtube.com/watch?v=DuYRwf93Umo
clickbaity title but it was interesting to see the practical side of things rather than the skyrocket moonshot company changing the world.
Re: Tesla's stock just hit a record $420
#65Earlier quoted context omitted.
This sounds nice for Tesla, but it sounds utterly insane from a greater perspective that EVs can't charge at any electric charging station. How stupid does it sound if I said I needed to find a Ford gas station to fill up my car?
Gas stations do have different octane ratings and diesel. Every station just happens to have at least 4 options these days.
> Gas stations do have different octane ratings and diesel.
And none are manufacturer exclusive and virtually every gasoline powered vehicle made runs just fine on regular unleaded.
Re: Tesla's stock just hit a record $420
#66Just for reference, the claim that "420" comes for a police code for marijuana possession is completely incorrect: https://en.m.wikipedia.org/wiki/420_(cannabis_culture)
Seems like a strange thing to go around correcting people on. I didn't even know it was supposed to be a police code, it's just some silly code word for weed that like 85% of American english speakers understand to mean weed.
I, for one, always thought 420 was a reference to a police code for possession (similar to 187 for homicide).
Eidiran's post just led me to a few posts about it, and I found this article where you can see a video of the guys back at the exact place of their high school they met at 4:20. I really enjoyed this.
https://www.sfchronicle.com/bayarea/article/The-420-code-The...
Depending on how one spent their high school afternoons, it might bring back memories :)
Re: Tesla's stock just hit a record $420
#67The stock is blazing! Weed jokes aside, the market has finally caught up to the fact that Tesla is years ahead of their competitors. I bought my Model 3 18 months ago and it felt like buying a car from the future. I think my feeling was correct. 2019 saw a number of serious competitors (Audi, MB, VW, Porche) release their first EVs and they've all been somewhat disappointing. Very solid first releases taken in isolat…
> the market has finally caught up to the fact that Tesla is years ahead of their competitors. Incorrect. The stock value is being pushed up by: 1. Unexpected quarterly profits in October; 2. Tesla planning to open a new factory in China and securing a 1.4 Billion dollar loan to do so; 3. Apparent strong interest in the Cybertruck and the impending announcement of the Model Y; 4. USA and China are easing the trade wa…
5. Tesla is one of the most manipulated large cap stocks on Wall Street. You're observing one of the many rounds of a pump and dump and 6 months from now it'll be at just above 200 again as something "bad" is discovered by the "free" press just in time for the big players to cash out again. Anyone who buys at 420 is a sucker.
Re: Tesla's stock just hit a record $420
#68> 420 often refers to the police code for cannabis possession Hah, this journalist is so out of touch with the joke. 420 is the time to blaze it!
420 was the California Bill for medical marijuana legalization (and of course the time to blaze it).
> 420 was the California Bill for medical marijuana legalization
“420” was established term for weed before SB 420 of 2003 was introduced; the slang didn't come from the bill but the bill was introduced on a timing to exploit the slang.
Also, Medical Marijuana was legalized by Prop 215 of 1996, SB 420 of 2003 was a measure to revise some provisions of the regulatory regime.
Re: Tesla's stock just hit a record $420
#69Earlier quoted context omitted.
Agreed, it's insane. I don't know about most countries, but in France, some brands (Japanese iirc?) would have you go to their branded car dealership to charge. How crazy does that sound? (I couldn't believe it when he told me that, sorry I can't recall which brand it was) The whole thing sounded mind-boggling, really. Anecdotally, my partner is seeking to buy a new car for a 1h commute so I wanted to get her a small…
> Anecdotally, my partner is seeking to buy a new car for a 1h commute so I wanted to get her a small EV — but the charging options make it totally impossible (short of getting a Tesla but that's way above our budget for this 2nd, smaller car). Can't you get a charger installed where you live and charge overnight?
I wish. We live in a rented flat downtown a mid-size (100K pop) city. It falls down to city management, putting chargers on every street corner or just about... Suffice it to say it's not happening right now. :(
Re: Tesla's stock just hit a record $420
#70stocks (on average) tend to always go up...